<SEC-DOCUMENT>0000046080-18-000126.txt : 20181026
<SEC-HEADER>0000046080-18-000126.hdr.sgml : 20181026
<ACCEPTANCE-DATETIME>20180920151203
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000046080-18-000126
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20180920

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HASBRO INC
		CENTRAL INDEX KEY:			0000046080
		STANDARD INDUSTRIAL CLASSIFICATION:	GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944]
		IRS NUMBER:				050155090
		STATE OF INCORPORATION:			RI
		FISCAL YEAR END:			1227

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		1027 NEWPORT AVE
		STREET 2:		P O BOX 1059
		CITY:			PAWTUCKET
		STATE:			RI
		ZIP:			02861
		BUSINESS PHONE:		4014318697

	MAIL ADDRESS:	
		STREET 1:		200 NARRAGANSETT PARK DRIVE
		CITY:			PAWTUCKET
		STATE:			RI
		ZIP:			02862-0200

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HASBRO BRADLEY INC
		DATE OF NAME CHANGE:	19850814

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HASBRO INDUSTRIES INC
		DATE OF NAME CHANGE:	19840917

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HASSENFELD BROTHERS INC
		DATE OF NAME CHANGE:	19720615
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>

<html>

<head>
<meta content="text/html; charset=utf-8" />




&nbsp;</head>

<body><a name="page_1"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></font></p>

<p align=right style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">September 20, 2018</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Division of Corporation Finance</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Office of Transportation and Leisure</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">United States</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Securities and Exchange Commission</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Washington, D.C. 20549</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Attn:&#160; Heather Clark</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Claire Erlanger</font></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Re:&#160; Hasbro, Inc.</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; Form 10-K for the Fiscal Year Ended December 31,
2017</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; Form 10-Q for the Fiscal Quarter Ended July 1, 2018</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.25in;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.25in;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&#160;File No.&#160; 001-06682</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Dear Ms. Clark and Ms. Erlanger:</font></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">This letter is submitted on behalf of Hasbro, Inc. (the &#8220;</font><u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Company</font></u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&#8221;),
in response to the comments that you have provided on behalf of the staff of
the Division of Corporation Finance (the &#8220;</font><u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Staff</font></u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&#8221;) of the Securities and
Exchange Commission (the &#8220;</font><u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">SEC</font></u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&#8221;) in your letter dated September 6, 2018.&#160;
</font></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">For your convenience, we have set forth the original
comments from your letter in bold and italicized typeface to which we are
responding. </font></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><b><u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Form 10-Q for the Fiscal Quarter Ended July 1, 2018</font></u></b></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><b><u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Financial Statements </font></u></b></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><b><u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Condensed Notes to Consolidated Financial Statements </font></u></b></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><b><u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">(9) Pension and Postretirement Benefits, page 1</font></u></b></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><b><i><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">1. We note your response to our prior comment 1 and the
disclosure in the Form 10-Q for the quarter ended July 1, 2018 which indicates
that upon settlement of the pension liability, you will reclassify the related
pension losses currently recorded to accumulated other comprehensive loss, to
the consolidated statements of operations.&#160; Please tell us, and revise your
disclosure to indicate the estimated amount of net unrealized losses that you
expect to recognize upon settlement.&#160; You may preface the amount by indicating
that the actual amount may differ due to changes in interest rates, pension plan
asset returns and other factors.</font></i></b></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></b></font></p>


<DIV bclFooter>


<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_2"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Response</font></b></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">The Company notes the SEC&#8217;s additional comments on the Company&#8217;s
planned termination of its U.S. defined benefit pension plan</font></font><font style="border:none;"><font face=Calibri,sans-serif lang=EN style="font-size:11.0pt;line-height:106%;">. The Company will revise its disclosure in future
filings to indicate the unrecognized losses remaining in accumulated other
comprehensive loss. Please refer to the revised disclosure below for the
Company&#8217;s intended disclosure in its future filings. </font></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&#8220;In connection with the decision to terminate the Plan, the
Company remeasured the projected benefit obligation based on the expected Plan
termination costs. This remeasurement utilized a discount rate of 3.2% compared
to the discount rate of 3.7% utilized in the December 31, 2017 measurement and
resulted in an </font></font><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">increase in the projected
benefit obligation of $35,192 with offsetting amounts recorded to accumulated
other comprehensive losses and deferred taxes. </font></font><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">Upon
settlement of the pension liability, the Company will reclassify the related
pension losses currently recorded to accumulated other comprehensive loss, to
the consolidated statements of operations. </font><u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">As of July 1, 2018, the Company
had unrecognized losses related to the Plan of $145.5 million. The final loss
to be recognized upon termination of the Plan will be based on the Plan&#8217;s
unrecognized losses in accumulated other comprehensive loss, adjusted for
year-end remeasurement, as well as the total required payout to plan
participants which will be determined based on employee elections and market
conditions present at the time of termination.</font></u></font><font style="border:none;"><u><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&#8221;</font></u></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">If you have
any questions or desire further information regarding the Company&#8217;s responses,
please contact me at (401) 727-5500.</font></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;
Sincerely, </font></font></p>

<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;margin-left:171.75pt;width:100%;">
 <tr style="height:26.1pt;">
  <td valign=top width=20% style="height:26.1pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=top width=80% style="border:none;border-bottom:solid black 1.5pt;height:26.1pt;padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif style="font-size:11.0pt;line-height:115%;">/s/ Deborah Thomas</font></font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif style="border:none;"><font face=Calibri,sans-serif style="font-size:11.0pt;line-height:115%;">&#160;&nbsp;</font></font></p>
  </td>
 <td valign=top width=80% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif style="border:none;"><font face=Calibri,sans-serif style="font-size:11.0pt;line-height:115%;">Deborah
  Thomas</font></font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif style="border:none;"><font face=Calibri,sans-serif style="font-size:11.0pt;line-height:115%;">&#160;&nbsp;</font></font></p>
  </td>
 <td valign=top width=80% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif style="border:none;"><font face=Calibri,sans-serif style="font-size:11.0pt;line-height:115%;">Executive
  Vice President and Chief Financial Officer</font></font></p>
  <p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif style="border:none;"><font face=Calibri,sans-serif style="font-size:11.0pt;line-height:115%;">(Duly
  Authorized Officer and Principal Financial Officer)</font></font></p>
  </td>
 </tr>
</table></div>



<p style="border:none;margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:106%;">&nbsp;</font></font></p>




<DIV bclFooter>


<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2></BODY></HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
