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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 26, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Changes in the carrying amount of goodwill, by operating segment, for the years ended December 26, 2021 and December 27, 2020 are as follows:
(In millions)Consumer ProductsWizards of the Coast and Digital GamingEntertainmentTotal
2021
Balance at December 27, 2020$1,385.7 53.1 2,252.9 3,691.7 
Goodwill allocation199.4 254.2 (453.6)— 
Goodwill associated with disposal of business — — (162.2)(162.2)
Impairment during the period— — (108.8)(108.8)
Foreign exchange translation(0.2)— (0.9)(1.1)
Balance at December 26, 2021$1,584.9 307.3 1,527.4 3,419.6 
2020
Balance at December 29, 2019$430.1 52.7 11.8 494.6 
Acquired during the period0.4 — 3,195.4 3,195.8 
Allocation of eOne acquired Goodwill954.0 — (954.0)— 
Foreign exchange translation1.2 0.4 (0.3)1.3 
Balance at December 27, 2020$1,385.7 53.1 2,252.9 3,691.7 
Schedule of Finite-Lived Intangible Assets
The following table represents a summary of the Company’s other intangible assets, net at December 26, 2021 and December 27, 2020:
(In millions)20212020
Acquired product rights$2,101.7 2,374.7 
Licensed rights of entertainment properties45.0 45.0 
Accumulated amortization(1,050.4)(964.6)
Amortizable intangible assets1,096.3 1,455.1 
Product rights with indefinite lives75.7 75.7 
Total other intangibles assets, net$1,172.0 1,530.8 
Schedule of Indefinite-Lived Intangible Assets
The following table represents a summary of the Company’s other intangible assets, net at December 26, 2021 and December 27, 2020:
(In millions)20212020
Acquired product rights$2,101.7 2,374.7 
Licensed rights of entertainment properties45.0 45.0 
Accumulated amortization(1,050.4)(964.6)
Amortizable intangible assets1,096.3 1,455.1 
Product rights with indefinite lives75.7 75.7 
Total other intangibles assets, net$1,172.0 1,530.8 
Schedule of Expected Amortization Expense The Company currently estimates amortization expense related to the above intangible assets for the next five years to be approximately:
(In millions)
2022$107.9 
202399.6 
202497.9 
202597.9 
202697.9