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Segment Reporting (Tables)
3 Months Ended
Mar. 29, 2020
Segment Reporting [Abstract]  
Information by Segment and Reconciliation to Reported Amounts
Information by segment and a reconciliation to reported amounts for the quarters ended March 29, 2020 and March 31, 2019 are as follows:
 
Quarter Ended
 
March 29, 2020
 
March 31, 2019
Net revenues
External
 
Affiliate
 
External
 
Affiliate
U.S. and Canada
$
428,647

 
3,328

 
$
357,851

 
1,849

International
250,403

 

 
282,649

 
41

Entertainment, Licensing and Digital
84,027

 
971

 
91,994

 
1,974

eOne
342,493

 

 

 

Global Operations  (a)

 
194,856

 
16

 
229,425

Corporate and Eliminations (b)

 
(199,155
)
 

 
(233,289
)
 
$
1,105,570

 

 
$
732,510

 


Operating Profit (Loss) by Segment
 
Quarter Ended
Operating profit (loss)
March 29,
2020
 
March 31,
2019
U.S. and Canada
$
71,780

 
$
13,532

International
(26,691
)
 
(30,411
)
Entertainment, Licensing and Digital
5,174

 
30,020

eOne
(33,081
)
 

Global Operations (a)
4,649

 
1,254

Corporate and Eliminations (b)
(45,114
)
 
21,732

 
$
(23,283
)
 
$
36,127



Total Assets by Segment
Total assets
March 29,
2020
 
March 31,
2019
 
December 29,
2019
U.S. and Canada
$
3,335,131

 
2,600,873

 
3,244,950

International
2,016,267

 
2,019,800

 
2,482,170

Entertainment, Licensing and Digital
869,645

 
804,288

 
695,898

eOne
5,850,529

 

 

Global Operations (a)
3,658,540

 
706,701

 
3,334,190

Corporate and Eliminations (b)
(5,305,753
)
 
(1,196,889
)
 
(901,580
)
 
$
10,424,359

 
4,934,773

 
8,855,628

(a) The Global Operations segment derives substantially all of its revenues, and thus its operating results, from intersegment activities.
(b) Certain long-term assets, including property, plant and equipment, goodwill and other intangibles, which benefit multiple operating segments, are included in Corporate and Eliminations. Allocations of certain expenses related to these assets to the individual operating segments are done at the beginning of the year based on budgeted amounts. Any differences between actual and budgeted amounts are reflected in Corporate and Eliminations because allocations are translated from the U.S. Dollar to local currency at budgeted rates when recorded. Corporate and Eliminations also includes the elimination of inter-company balance sheet amounts.
Schedule of Net Revenues by Major Geographic Region
The following table represents consolidated International segment net revenues by major geographic region for the quarters ended March 29, 2020 and March 31, 2019:
 
Quarter Ended
 
March 29,
2020
 
March 31,
2019
Europe
$
162,249

 
153,379

Latin America
33,921

 
62,777

Asia Pacific
54,233

 
66,493

Net revenues
$
250,403

 
282,649


Schedules of Net Revenues by Brand Portfolio
The following table presents consolidated net revenues by brand and entertainment portfolio for the quarters ended March 29, 2020 and March 31, 2019:
 
Quarter Ended
 
March 29,
2020
 
March 31,
2019
Franchise Brands
$
396,497

 
$
393,574

Partner Brands
182,331

 
171,989

Hasbro Gaming (1)
140,084

 
107,565

Emerging Brands (2)
94,145

 
59,382

TV/Film/Entertainment (3)
292,513

 

Total
$
1,105,570

 
732,510


(1) Hasbro's total gaming category, which includes all gaming net revenues, both those reported in Hasbro Gaming and those reported elsewhere, most notably MAGIC: THE GATHERING and MONOPOLY, totaled $340,480 and $243,390, respectively, for the quarters ended March 29, 2020 and March 31, 2019.
(2) First quarter 2020 balance in Emerging Brands portfolio includes eOne brands PEPPA PIG, PJ MASKS and RICKY ZOOM.
(3) TV/Film/Entertainment represents eOne revenues not allocated to the Emerging Brands portfolio.