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Segment Reporting (Tables) | 6 Months Ended
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Jun. 27, 2021
Segment Reporting [Abstract] |
Information by Segment and Reconciliation to Reported Amounts | Information by segment and a reconciliation to reported amounts for the quarters and six months ended June 27, 2021 and June 28, 2020 are as follows:
| Quarter Ended
| June 27, 2021 |  | June 28, 2020
Net revenues | External |  | Affiliate (b) |  | External |  | Affiliate (b)
Consumer Products | $ | 689.2 |  |  | $ | (96.9) |  |  | $ | 519.5 |  |  | $ | (103.1) |
Wizards of the Coast & Digital Gaming | 406.3 |  |  | (29.7) |  |  | 186.7 |  |  | (17.9) |
Entertainment | 226.7 |  |  | (12.6) |  |  | 154.1 |  |  | (0.8) |
Corporate and Other (b) | — |  |  | 139.2 |  |  | — |  |  | 121.8 |
| $ | 1,322.2 |  |  | $ | — |  |  | $ | 860.3 |  |  | $ | — |
| Six Months Ended
| June 27, 2021 |  | June 28, 2020
Net revenues | External |  | Affiliate (b) |  | External |  | Affiliate (b)
Consumer Products | $ | 1,343.1 |  |  | $ | (167.2) |  |  | $ | 1,092.0 |  |  | $ | (158.7) |
Wizards of the Coast & Digital Gaming | 648.5 |  |  | (55.1) |  |  | 397.3 |  |  | (33.0) |
Entertainment | 445.4 |  |  | (26.7) |  |  | 476.6 |  |  | (1.7) |
Corporate and Other (b) | — |  |  | 249.0 |  |  | — |  |  | 193.4 |
| $ | 2,437.0 |  |  | $ | — |  |  | $ | 1,965.9 |  |  | $ | — |
Operating Profit (Loss) by Segment |
| Quarter Ended |  | Six Months Ended
Operating profit (loss) | June 27, 2021 |  | June 28, 2020 |  | June 27, 2021 |  | June 28, 2020
Consumer Products | $ | 17.8 |  |  | $ | (45.3) |  |  | $ | 50.1 |  |  | $ | (55.0) |
Wizards of the Coast & Digital Gaming | 192.9 |  |  | 74.1 |  |  | 302.9 |  |  | 169.9 |
Entertainment | (113.7) |  |  | (13.5) |  |  | (96.7) |  |  | (77.8) |
Corporate and Other (b) | (20.4) |  |  | (13.1) |  |  | (32.4) |  |  | (58.2) |
| $ | 76.6 |  |  | $ | 2.2 |  |  | $ | 223.9 |  |  | $ | (21.1) |
Total Assets by Segment |
Total assets | June 27, 2021 |  | June 28, 2020 |  | December 27, 2020
Consumer Products (a) | $ | 3,508.7 |  |  | $ | 5,432.1 |  |  | $ | 5,552.5 |
Wizards of the Coast & Digital Gaming | 745.8 |  |  | 790.9 |  |  | 585.7 |
Entertainment | 6,124.4 |  |  | 6,167.9 |  |  | 6,003.0 |
Corporate and Other (b) | (276.7) |  |  | (2,168.8) |  |  | (1,322.9) |
| $ | 10,102.2 |  |  | $ | 10,222.1 |  |  | $ | 10,818.3 |
(a) During the second quarter of 2021, the Company adjusted certain inter-segment balance sheet amounts which impacted the Consumer Products and Corporate and Other total asset values. These adjustments did not impact the Company's total assets. (b) Certain long-term assets, including property, plant and equipment, goodwill and other intangibles, which benefit multiple operating segments, are included in both Entertainment and Corporate and Other. Allocations of certain expenses related to these assets are made to the individual operating segments at the beginning of the year based on budgeted amounts. Any differences between actual and budgeted amounts are reflected in Corporate and Other because allocations are translated from the U.S. Dollar to local currency at budgeted rates when recorded. Corporate and Other also includes the elimination of inter-company balance sheet amounts.
Schedule of Net Revenues by Major Geographic Region | The following table represents consolidated Consumer Products segment net revenues by major geographic region for the quarters and six months ended June 27, 2021 and June 28, 2020:
| Quarter Ended |  | Six Months Ended
| June 27, 2021 |  | June 28, 2020 |  | June 27, 2021 |  | June 28, 2020
North America | $ | 391.4 |  |  | $ | 283.0 |  |  | $ | 754.1 |  |  | $ | 604.8 |
Europe | 176.5 |  |  | 141.9 |  |  | 365.0 |  |  | 298.6 |
Asia Pacific | 68.4 |  |  | 60.7 |  |  | 133.2 |  |  | 118.9 |
Latin America | 52.9 |  |  | 33.9 |  |  | 90.8 |  |  | 69.7 |
Net revenues | $ | 689.2 |  |  | $ | 519.5 |  |  | $ | 1,343.1 |  |  | $ | 1,092.0 |
Schedules of Net Revenues by Category | The following table represents consolidated Entertainment segment net revenues by category for the quarters and six months ended June 27, 2021 and June 28, 2020:
| Quarter Ended |  | Six Months Ended
| June 27, 2021 |  | June 28, 2020 |  | June 27, 2021 |  | June 28, 2020
Film and TV | $ | 164.3 |  |  | $ | 108.9 |  |  | $ | 330.7 |  |  | $ | 372.9 |
Family Brands | 26.1 |  |  | 18.8 |  |  | 44.9 |  |  | 44.7 |
Music and Other | 36.3 |  |  | 26.4 |  |  | 69.8 |  |  | 59.0 |
Net revenues | $ | 226.7 |  |  | $ | 154.1 |  |  | $ | 445.4 |  |  | $ | 476.6 |
The following table presents consolidated net revenues by brand and entertainment portfolio for the quarters ended June 27, 2021 and June 28, 2020:
| Quarter Ended |  | Six Months Ended
| June 27, 2021 |  | June 28, 2020 |  | June 27, 2021 |  | June 28, 2020
Franchise Brands | $ | 649.9 |  |  | $ | 376.9 |  |  | $ | 1,141.4 |  |  | $ | 773.4 |
Partner Brands | 212.0 |  |  | 138.3 |  |  | 400.0 |  |  | 320.6 |
Hasbro Gaming (1) | 147.1 |  |  | 137.0 |  |  | 283.4 |  |  | 277.1 |
Emerging Brands | 117.0 |  |  | 75.9 |  |  | 221.7 |  |  | 170.1 |
Entertainment | 196.2 |  |  | 132.2 |  |  | 390.5 |  |  | 424.7 |
Total | $ | 1,322.2 |  |  | $ | 860.3 |  |  | $ | 2,437.0 |  |  | $ | 1,965.9 |
(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 which are reported within Franchise Brands, totaled $519.4 million and $884.7 million for the quarter and six months ended June 27, 2021, respectively. For the quarter and six months ended June 28, 2020, total gaming revenues were $319.0 million and $659.5 million, respectively.

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