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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Year
SCT Total Compensation for CEO(1)
Compensation Actually Paid to CEO(2)
Average SCT Total Compensation for Other NEOs(1)
Average Compensation Actually Paid to Other NEOs(2)
Value of Initial Fixed $100 Investment Based on:GAAP Net Income ($mil.)
Company Selected Measure: Net Sales ($mil.)(4)
TSR
Peer Group TSR(3)
(a)(b)(c)(d)(e)(f)(g)(h)(i)
202315,654,209 12,730,946 5,556,094 5,298,510 137 120 1,862 11,165 
202213,550,049 26,043,523 4,182,463 6,492,643 167 129 1,645 10,419 
202116,144,570 32,159,575 3,253,471 5,677,965 137 118 1,478 8,971 
202019,115,059 19,711,109 3,160,508 3,730,097 106 105 1,279 8,150 
      
Company Selected Measure Name Net Sales      
Named Executive Officers, Footnote CEO is Michele Buck; other NEOs are Deepak Bhatia, Charles Raup, Kristen Riggs, and Steven Voskuil; 2022 CEO is Michele Buck; other NEOs are Charles Raup, Jason Reiman, Kristen Riggs, and Steven Voskuil; 2021 CEO is Michele Buck; other NEOs are Charles Raup, Jason Reiman, Kristen Riggs, and Steven Voskuil; 2020 CEO is Michele Buck; other NEOs are Damien Atkins (former), Charles Raup, Jason Reiman, Steven Voskuil, Kevin Walling (former), and Mary Beth West (former).      
Peer Group Issuers, Footnote Reflects total shareholder return indexed to $100 for the S&P 500 Packaged Foods Index, which is an industry line peer group reported in the performance graph included in the Company’s 2023 Annual Report on Form 10-K.      
PEO Total Compensation Amount $ 15,654,209 $ 13,550,049 $ 16,144,570 $ 19,115,059
PEO Actually Paid Compensation Amount $ 12,730,946 26,043,523 32,159,575 19,711,109
Adjustment To PEO Compensation, Footnote In accordance with Item 402(v), the following adjustments were made to SCT Total Compensation to determine the CAP values:
Reconciliation of SCT Total Compensation to Compensation Actually Paid to CEO
Fiscal YearSCT Total Compensation for CEOMinus SCT Change in Pension Value for
CEO







Plus Pension Value Service Cost		Minus SCT Equity for CEO
Plus EOY Fair Value of Equity Awards Granted During Fiscal Year that are Outstanding and Unvested at EOY(a)
Plus Change from BOY to EOY in Fair Value of Awards Granted in Any Prior Fiscal Year that are Outstanding and Unvested at EOY(a)
Plus Change in Fair Value from BOY to Vesting Date of Awards Granted in Any Prior Fiscal Year that Vested During the Fiscal Year(a)
Plus value of Dividends or other Earnings Paid on Stock Option Awards not Otherwise Reflected in Fair Value of Total CompensationCEO CAP
(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)=(b)-(c)+(d)- (e)+(f)+(g)+(h)+(i)
202315,654,209 2,569,968 861,566 8,256,692 7,264,952 (1,197,875)859,133 115,621 12,730,946 
(a) “EOY” = End of Year, “BOY” = Beginning of Year.
      
Non-PEO NEO Average Total Compensation Amount $ 5,556,094 4,182,463 3,253,471 3,160,508
Non-PEO NEO Average Compensation Actually Paid Amount $ 5,298,510 6,492,643 5,677,965 3,730,097
Adjustment to Non-PEO NEO Compensation Footnote In accordance with Item 402(v), the following adjustments were made to SCT Total Compensation to determine the CAP values:
Reconciliation of Average SCT Total Compensation to Average Compensation Actually Paid to Other NEOs
Fiscal YearAverage SCT Total Compensation for Other NEOsMinus Average SCT Change in Pension Value for Other NEOs







Plus Average Pension Value Service Cost		Minus Average SCT Equity for Other NEOs
Plus Average EOY Fair Value of Equity Awards Granted During Fiscal Year that are Outstanding and Unvested at EOY(a)
Plus Average Change from BOY to EOY in Fair Value of Awards Granted in Any Prior Fiscal Year that are Outstanding and Unvested at EOY(a)
Plus Average Change in Fair Value from BOY to Vesting Date of Awards Granted in Any Prior Fiscal Year that Vested During the Fiscal Year(a)
Plus value of Dividends or other Earnings Paid on Stock Option Awards not Otherwise Reflected in Fair Value of Total CompensationAverage Other
NEOs CAP
(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)=(b)-(c)+(d)- (e)+(f)+(g)+(h)+(i)
20235,556,094 22,210 2,349 3,525,880 3,347,797 (226,386)135,048 31,698 5,298,510 
      
Compensation Actually Paid vs. Total Shareholder Return
The graphs below illustrate the relationship between our TSR and the Peer Group TSR, as well as the relationship between CAP and our TSR for the CEO and other NEOs, for each of the years presented. For reference, SCT Total Compensation values for each year are also shown. As the graphs below illustrate, CAP amounts for our CEO and other NEOs are strongly aligned with Hershey’s TSR, as intended.
CEO Pay_3.1.24.jpg
NEO PvP_2023.jpg
PvP_TSR v2.jpg
      
Compensation Actually Paid vs. Net Income
The graph below reflects the relationship between the CEO and average other NEOs CAPs and GAAP Net Income for each of the years presented. GAAP Net Income is not used as a metric in our annual or long-term incentive plans.
PvP_Net Income.jpg
      
Compensation Actually Paid vs. Company Selected Measure
The graph below reflects the relationship between the CEO and average other NEOs CAPs and Net Sales for each of the years presented. Net Sales determined 50% of financial performance funding under our 2023 OHIP and is an important top-line measure that, when combined with the other measures in the OHIP and PSU awards, supports long-term shareholder value creation.
PvP_Net Sales_revised.jpg
      
Total Shareholder Return Vs Peer Group
The graphs below illustrate the relationship between our TSR and the Peer Group TSR, as well as the relationship between CAP and our TSR for the CEO and other NEOs, for each of the years presented. For reference, SCT Total Compensation values for each year are also shown. As the graphs below illustrate, CAP amounts for our CEO and other NEOs are strongly aligned with Hershey’s TSR, as intended.
CEO Pay_3.1.24.jpg
NEO PvP_2023.jpg
PvP_TSR v2.jpg
      
Total Shareholder Return Amount $ 137 167 137 106
Peer Group Total Shareholder Return Amount 120 129 118 105
Net Income (Loss) $ 1,862,000,000 $ 1,645,000,000 $ 1,478,000,000 $ 1,279,000,000
Company Selected Measure Amount 11,165,000,000 10,419,000,000 8,971,000,000 8,150,000,000
PEO Name Michele Buck      
Additional 402(v) Disclosure
Provided below is the Company’s “pay versus performance” disclosure as required pursuant to Item 402(v) of Regulation S-K promulgated under the Exchange Act (referred to herein as Item 402(v)). As required by Item 402(v), we have included:
•A list of the most important measures that our Compensation Committee used in 2023 to link a measure of pay calculated in accordance with Item 402(v) (referred to as “compensation actually paid,” or “CAP”) to Company performance;
•A pay versus performance table that compares the total compensation of our NEOs as presented in the “Summary Compensation Table” (“SCT Total Compensation”) to CAP and that compares CAP to specified performance measures, including TSR, Peer Group TSR (as defined below), Net Income calculated in accordance with GAAP (“GAAP Net Income”) and our Company selected financial performance measure, Net Sales (as defined in the section titled “Compensation Discussion & Analysis”); and
•Graphs that describe:
◦The relationship between our TSR and the TSR of the S&P 500 Packaged Foods Index (the “Peer Group TSR”); and
◦The relationships between CAP and our cumulative TSR, GAAP Net Income, and our Company selected financial performance measure, Net Sales.
This disclosure has been prepared in accordance with Item 402(v) and does not necessarily reflect value actually realized by our executives or how our Committee evaluates compensation decisions in light of Company or individual performance. In particular, our Committee does not use CAP as a basis for making compensation decisions, nor does it use GAAP Net Income or Peer Group TSR for purposes of determining incentive compensation. Please see the section titled “Compensation Discussion & Analysis” for a discussion of our executive compensation program objectives and the ways in which we align our executives’ compensation with the Company’s performance.
For purposes of the following disclosures, each of Salary, Bonus, Non-Equity Incentive Plan Compensation, Non-qualified Deferred Compensation Earnings and All Other Compensation is calculated in the same manner for purposes of CAP as it is calculated for purposes of SCT Total Compensation. There are, however, two primary differences between the calculation of CAP and SCT Total Compensation:
SCT Total CompensationCAP
PensionYear-over-year change in the actuarial present value of pension benefitsCurrent year service cost and any prior year service cost (if a plan amendment occurred during the year)
Stock and Option AwardsGrant date fair value of stock and option awards granted during the year
Year-over-year change in the fair value of stock and option awards that are unvested as of the end of the year or that vested or were forfeited during the year(1)
____________________
(1)    Includes any dividends paid on equity awards in the fiscal year prior to the vesting date that are not otherwise reflected in the fair value of such award.
Net Sales was the most heavily weighted financial performance metric under our 2023 OHIP and is an important top-line measure that, when combined with the other measures in the OHIP and PSU awards, supports long-term shareholder value creation. Net Sales is the Company-selected financial performance measure included in the table and graphs that follow. Net Sales is a non-GAAP financial performance measure. For more information on how we define and use Net Sales in our executive compensation program, please see the section titled “Compensation Disclosure & Analysis” above.
The dollar amounts reported represent CAP, as computed in accordance with Item 402(v). The fair value of option awards was determined using a Black-Scholes option-pricing model. The dollar amounts do not reflect the actual amount of compensation earned by or paid during the applicable year.
For purposes of the above adjustments, the fair value of equity awards on the applicable date were determined in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718, using valuation methodologies that are generally consistent with those used to determine the grant-date fair value for accounting purposes.
The table below contains ranges of assumptions used in the valuation of outstanding equity awards for the relevant fiscal year(s). For more information, please see the notes to our financial statements in our Annual Report on Form 10-K and the footnotes to the “2023 Summary Compensation Table” in this Proxy Statement

Fiscal Year 2023
Restricted Stock Units
Stock Price
$186.44 - $242.74
Performance Share Units
EPS and FCF Metric Multipliers
100% - 250%
TSR Realized Performance (Percentile)
25P - 75P
Volatility
10% - 30%
Risk-Free Interest Rate
3.0% - 5.0%
      
Measure:: 1        
Pay vs Performance Disclosure        
Name Net Sales      
Non-GAAP Measure Description Values shown reflect Net Sales as calculated for purposes of our executive compensation program for the applicable reporting year.      
Measure:: 2        
Pay vs Performance Disclosure        
Name Adjusted EPS      
Measure:: 3        
Pay vs Performance Disclosure        
Name Free Cash Flow      
PEO | Change in Pension Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 2,569,968      
PEO | Pension Adjustments, Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 861,566      
PEO | Stock Award Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 8,256,692      
PEO | Equity Awards Granted During the Year, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 7,264,952      
PEO | Equity Awards Granted in Prior Years, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,197,875)      
PEO | Equity Awards Granted in Prior Years, Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 859,133      
PEO | Equity Awards, Dividends and Other Earnings Paid [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 115,621      
Non-PEO NEO | Change in Pension Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 22,210      
Non-PEO NEO | Pension Adjustments, Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,349      
Non-PEO NEO | Stock Award Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,525,880      
Non-PEO NEO | Equity Awards Granted During the Year, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,347,797      
Non-PEO NEO | Equity Awards Granted in Prior Years, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (226,386)      
Non-PEO NEO | Equity Awards Granted in Prior Years, Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 135,048      
Non-PEO NEO | Equity Awards, Dividends and Other Earnings Paid [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 31,698