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Segment Reporting (Tables)
6 Months Ended
Jun. 28, 2020
Segment Reporting [Abstract]  
Information by Segment and Reconciliation to Reported Amounts
Information by segment and a reconciliation to reported amounts for the quarters and six months ended June 28, 2020 and June 30, 2019 are as follows:
Quarter Ended
June 28, 2020June 30, 2019
Net revenuesExternalAffiliateExternalAffiliate
U.S. and Canada$359,720  3,724  $510,529  2,996  
International249,812  —  377,438  145  
Entertainment, Licensing and Digital89,825  838  96,506  2,165  
eOne160,922  —  —  —  
Global Operations  (a)—  272,213  64  320,618  
Corporate and Eliminations (b)—  (276,775) —  (325,924) 
$860,279  —  $984,537  —  

Six Months Ended
June 28, 2020June 30, 2019
Net revenuesExternalAffiliateExternalAffiliate
U.S. and Canada$788,367  7,052  $868,380  4,845  
International500,215  —  660,087  186  
Entertainment, Licensing and Digital173,852  1,808  188,500  4,140  
eOne503,415  —  —  —  
Global Operations  (a)—  467,069  80  550,043  
Corporate and Eliminations (b)—  (475,929) —  (559,214) 
$1,965,849  —  $1,717,047  —  
Operating Profit (Loss) by Segment
Quarter EndedSix Months Ended
Operating profit (loss)June 28,
2020
June 30,
2019
June 28,
2020
June 30,
2019
U.S. and Canada$24,271  106,577  $96,051  120,109  
International(24,900) 14,583  (51,591) (15,828) 
Entertainment, Licensing and Digital27,793  7,936  32,967  37,956  
eOne(5,967) —  (39,048) —  
Global Operations (a)(5,945) (5,986) (1,296) (4,732) 
Corporate and Eliminations (b)(13,077) 5,223  (58,191) 26,955  
$2,175  128,333  $(21,108) 164,460  
Total Assets by Segment
Total assetsJune 28,
2020
June 30,
2019
December 29,
2019
U.S. and Canada$3,470,896  2,845,806  3,244,950  
International2,052,708  2,093,725  2,482,170  
Entertainment, Licensing and Digital1,018,453  945,196  695,898  
eOne5,713,517  —  —  
Global Operations (a)3,944,699  1,036,919  3,334,190  
Corporate and Eliminations (b)(5,978,223) (1,883,036) (901,580) 
$10,222,050  5,038,610  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 and six months ended June 28, 2020 and June 30, 2019:
Quarter EndedSix Months Ended
June 28,
2020
June 30,
2019
June 28,
2020
June 30,
2019
Europe$157,672  201,072  $319,921  354,451  
Latin America32,488  90,342  66,409  153,119  
Asia Pacific59,652  86,024  113,885  152,517  
Net revenues$249,812  377,438  $500,215  660,087  
Schedules of Net Revenues by Brand Portfolio
The following table presents consolidated net revenues by brand and entertainment portfolio for the quarters and six months ended June 28, 2020 and June 30, 2019:
Quarter EndedSix Months Ended
June 28,
2020
June 30,
2019
June 28,
2020
June 30,
2019
Franchise Brands$376,826  576,715  $773,323  970,289  
Partner Brands138,227  213,448  320,558  385,437  
Hasbro Gaming (1)
137,031  123,420  277,115  230,985  
Emerging Brands (2)
75,991  70,954  170,136  130,336  
TV/Film/Entertainment (3)
132,204  —  424,717  —  
Total $860,279  984,537  $1,965,849  1,717,047  
(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 $319,017 and $659,497 for the quarter and six months ended June 28, 2020, respectively. For the quarter and six months ended June 30, 2019, total gaming revenues were $393,367 and $636,758, respectively.
(2) Emerging Brands portfolio balances for the quarter and six month period ended June 28, 2020 include eOne brands PEPPA PIG, PJ MASKS and RICKY ZOOM.
(3) TV/Film/Entertainment represents eOne revenues not allocated to the Emerging Brands portfolio.