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Segment Reporting (Tables)
9 Months Ended
Sep. 27, 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 nine months ended September 27, 2020 and September 29, 2019 are as follows:
Quarter Ended
September 27, 2020September 29, 2019
Net revenuesExternalAffiliateExternalAffiliate
U.S. and Canada$977,115 5,938 $898,269 2,535 
International517,007 133 561,137 — 
Entertainment, Licensing and Digital89,027 2,110 115,766 3,849 
eOne193,474 — — — 
Global Operations  (a)— 431,738 538,817 
Corporate and Eliminations (b)— (439,919)— (545,201)
$1,776,623 — $1,575,173 — 

Nine Months Ended
September 27, 2020September 29, 2019
Net revenuesExternalAffiliateExternalAffiliate
U.S. and Canada$1,765,482 12,990 $1,766,649 7,379 
International1,017,222 133 1,221,224 186 
Entertainment, Licensing and Digital262,879 3,918 304,266 7,989 
eOne696,889 — — — 
Global Operations  (a)— 898,808 81 1,088,860 
Corporate and Eliminations (b)— (915,849)— (1,104,414)
$3,742,472 — $3,292,220 — 
Operating Profit (Loss) by Segment
Quarter EndedNine Months Ended
Operating profit (loss)September 27,
2020
September 29,
2019
September 27,
2020
September 29,
2019
U.S. and Canada$262,977 193,686 $359,028 313,795 
International63,924 67,238 12,333 51,410 
Entertainment, Licensing and Digital32,791 24,594 65,758 62,550 
eOne(25,914)— (64,962)— 
Global Operations (a)5,681 11,074 4,385 6,342 
Corporate and Eliminations (b)(2,901)618 (61,092)27,573 
$336,558 297,210 $315,450 461,670 
Total Assets by Segment
Total assetsSeptember 27,
2020
September 29,
2019
December 29,
2019
U.S. and Canada$3,835,054 3,331,125 3,244,950 
International2,234,562 2,394,488 2,482,170 
Entertainment, Licensing and Digital1,162,684 1,031,906 695,898 
eOne5,686,389 — — 
Global Operations (a)3,465,018 3,255,286 3,334,190 
Corporate and Eliminations (b)(5,680,530)(4,458,181)(901,580)
$10,703,177 5,554,624 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 nine months ended September 27, 2020 and September 29, 2019:
Quarter EndedNine Months Ended
September 27,
2020
September 29,
2019
September 27,
2020
September 29,
2019
Europe$343,179 319,277 $663,100 673,728 
Latin America91,619 151,987 158,028 305,106 
Asia Pacific82,209 89,873 196,094 242,390 
Net revenues$517,007 561,137 $1,017,222 1,221,224 
Schedules of Net Revenues by Brand Portfolio
The following table presents consolidated net revenues by brand and entertainment portfolio for the quarters and nine months ended September 27, 2020 and September 29, 2019:
Quarter EndedNine Months Ended
September 27,
2020
September 29,
2019
September 27,
2020
September 29,
2019
Franchise Brands$807,555 779,659 $1,580,878 1,749,948 
Partner Brands409,214 427,029 729,772 812,466 
Hasbro Gaming (1)
239,222 232,287 516,337 463,272 
Emerging Brands (2)
154,965 136,198 325,101 266,534 
TV/Film/Entertainment (3)
165,667 — 590,384 — 
Total $1,776,623 1,575,173 $3,742,472 3,292,220 
(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 $543,107 and $1,202,604 for the quarter and nine months ended September 27, 2020, respectively. For the quarter and nine months ended September 29, 2019, total gaming revenues were $449,393 and $1,086,151, respectively.
(2) Emerging Brands portfolio balances for the quarter and nine-month period ended September 27, 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.