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Segment Reporting
 12 Months Ended
Jan. 02, 2021
Segment Reporting [Abstract]  
Segment Reporting Segment ReportingOur broad portfolio of products includes bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, sparkling and flavored water, mineral water, filtration equipment and coffee.
During the second quarter of 2020, we implemented a restructuring program intended to optimize synergies from the Company’s transition to a pure-play water company following the Legacy Primo Acquisition and, as a result, reorganized into two reporting segments as follows: North America (which includes our DSS, Aquaterra, Mountain Valley, and Legacy Primo businesses) and Rest of World (which includes our Eden, Aimia, Decantae, and Farrers businesses). Our corporate oversight function and other miscellaneous expenses are aggregated and included in the All Other category. Segment reporting results have been recast to reflect these changes for all periods presented.

 January 2, 2021
(in millions of U.S. dollars)North AmericaRest of WorldAll OtherTotal
Revenue, net$1,493.2 $460.3 $— $1,953.5 
Depreciation and amortization142.4 58.4 1.3 202.1 
Operating income (loss)132.1 (111.4)(72.9)(52.2)
Property, plant and equipment, net550.7 134.1 0.8 685.6 
Goodwill982.1 302.2 — 1,284.3 
Intangible assets, net759.7 222.9 5.0 987.6 
Total segment assets 1
2,729.7 841.3 33.7 3,604.7 
Additions to property, plant and equipment87.0 27.2 (0.2)114.0 
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1     Excludes intersegment receivables, investments and notes receivable.

 December 28, 2019
(in millions of U.S. dollars)North AmericaRest of WorldAll OtherTotal
Revenue, net$1,269.8 $518.4 $7.2 $1,795.4 
Depreciation and amortization113.1 55.2 0.3 168.6 
Operating income (loss)92.7 29.1 (46.8)75.0 
Property, plant and equipment, net433.2 123.8 1.1 558.1 
Goodwill673.1 374.4 — 1,047.5 
Intangible assets, net358.8 237.2 1.0 597.0 
Total segment assets 1
1,874.5 941.6 48.3 2,864.4 
Additions to property, plant and equipment70.7 30.2 0.4 101.3 
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1     Excludes intersegment receivables, investments and notes receivable.

 December 29, 2018
(in millions of U.S. dollars)North AmericaRest of WorldAll OtherTotal
Revenue, net 1
$1,188.4 $521.9 $80.7 $1,791.0 
Depreciation and amortization113.5 57.2 1.0 171.7 
Operating income (loss)69.2 26.8 (53.3)42.7 
Additions to property, plant and equipment72.3 40.0 2.5 114.8 
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1     All Other includes $4.2 million of related party concentrate sales to discontinued operations for the year ended December 29, 2018.
Reconciliation of Segment Assets to Total Assets (in millions of U.S. dollars)December 28, 2019
Segment assets 1
$2,864.4 
Assets of discontinued operations 1
526.5 
Total assets$3,390.9 
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1     Excludes intersegment receivables, investments and notes receivable.

Credit risk arises from the potential default of a customer in meeting its financial obligations to us. Concentrations of credit exposure may arise with a group of customers that have similar economic characteristics or that are located in the same geographic region. The ability of such customers to meet obligations would be similarly affected by changing economic, political or other conditions. We are not currently aware of any facts that would create a material credit risk.
The impact of the COVID-19 pandemic may affect the ability of such customers to meet obligations to us. The full extent to which the COVID-19 pandemic will negatively affect our results of operations, financial condition and cash flows will depend on future developments that are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities in the markets in which we operate and other third parties in response to the pandemic.
We have limited customer concentration; no customer accounts for more than 10% of our net revenues.
Revenues are attributed to countries based on the location of the customer. Revenues generated from sales to external customers by geographic area were as follows:

For the Year Ended
(in millions of U.S. dollars)January 2, 2021December 28, 2019December 29, 2018
United States$1,429.6 $1,210.0 $1,205.0 
United Kingdom142.2 172.0 173.2 
Canada64.1 67.0 64.1 
All other countries317.6 346.4 348.7 
Total$1,953.5 $1,795.4 $1,791.0 

Revenues by channel by reporting segment were as follows:

For the Year Ended January 2, 2021
(in millions of U.S. dollars)North AmericaRest of WorldAll OtherTotal
Revenue, net
Water Direct/Water Exchange$965.8 $211.6 $— $1,177.4 
Water Refill/Water Filtration175.1 29.3 — 204.4 
Other Water160.7 63.5 — 224.2 
Water Dispensers75.9 — — 75.9 
Other115.7 155.9 — 271.6 
Total$1,493.2 $460.3 $— $1,953.5 
For the Year Ended December 28, 2019
(in millions of U.S. dollars)North AmericaRest of WorldAll OtherTotal
Revenue, net
Water Direct/Water Exchange$905.1 $252.7 $— $1,157.8 
Water Refill/Water Filtration35.6 26.8 — 62.4 
Other Water157.8 59.4 — 217.2 
Other171.3 179.5 7.2 358.0 
Total$1,269.8 $518.4 $7.2 $1,795.4 

For the Year Ended December 29, 2018
(in millions of U.S. dollars)North AmericaRest of WorldAll OtherTotal
Revenue, net
Water Direct/Water Exchange$841.0 $261.5 $— $1,102.5 
Water Refill/Water Filtration35.7 26.0 — 61.7 
Other Water159.5 55.5 — 215.0 
Other152.2 178.9 80.7 411.8 
Total$1,188.4 $521.9 $80.7 $1,791.0 

Property, plant and equipment, net by geographic area as of January 2, 2021 and December 28, 2019 were as follows:

(in millions of U.S. dollars)January 2, 2021December 28, 2019
United States$527.4 $415.7 
United Kingdom21.9 20.9 
Canada24.1 18.6 
All other countries 1
112.2 102.9 
Total$685.6 $558.1 
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1     No individual country is greater than 10% of total property, plant and equipment, net as of January 2, 2021 and December 28, 2019.