XML 66 R49.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Segment Reporting (Tables) | 12 Months Ended
--- | ---
Dec. 26, 2021
Segment Reporting [Abstract] |
Schedule of Information and Reconciliation by Segment | Information by segment and a reconciliation to reported amounts are as follows:
(In millions) | Revenues from External Customers |  | Affiliate Revenue |  | Operating Profit (Loss) |  | Depreciation and Amortization |  | Capital Additions |  | Total Assets
2021 |  |  |  |  |  |  |  |  |  |  |
Consumer Products | $ | 3,981.6 |  |  | 465.4 |  |  | 401.4 |  |  | 112.4 |  |  | 73.1 |  |  | 4,925.5 |
Wizards of the Coast and Digital Gaming | 1,286.6 |  |  | 121.6 |  |  | 547.0 |  |  | 48.5 |  |  | 35.1 |  |  | 1,585.1 |
Entertainment | 1,152.2 |  |  | 61.5 |  |  | (91.8) |  |  | 96.6 |  |  | 6.2 |  |  | 6,052.8 |
Corporate and Other(a) | — |  |  | (648.5) |  |  | (93.3) |  |  | 22.6 |  |  | 18.3 |  |  | (2,525.6) |
Consolidated Total | $ | 6,420.4 |  |  | — |  |  | 763.3 |  |  | 280.1 |  |  | 132.7 |  |  | 10,037.8 |
2020 |  |  |  |  |  |  |  |  |  |  |
Consumer Products | $ | 3,649.6 |  |  | 379.0 |  |  | 308.1 |  |  | 78.3 |  |  | 69.3 |  |  | 5,552.5 |
Wizards of the Coast and Digital Gaming | 906.7 |  |  | 77.3 |  |  | 420.4 |  |  | 9.0 |  |  | 35.9 |  |  | 585.7 |
Entertainment | 909.1 |  |  | 5.9 |  |  | (141.1) |  |  | 138.0 |  |  | 6.6 |  |  | 6,003.0 |
Corporate and Other(a) | — |  |  | (462.2) |  |  | (85.6) |  |  | 39.7 |  |  | 14.0 |  |  | (1,322.8) |
Consolidated Total | $ | 5,465.4 |  |  | — |  |  | 501.8 |  |  | 265.0 |  |  | 125.8 |  |  | 10,818.4 |
2019 |  |  |  |  |  |  |  |  |  |  |
Consumer Products | $ | 3,881.2 |  |  | 386.0 |  |  | 306.9 |  |  | 92.7 |  |  | 78.2 |  |  | 5,388.9 |
Wizards of the Coast and Digital Gaming | 761.2 |  |  | 55.0 |  |  | 294.7 |  |  | 9.2 |  |  | 31.1 |  |  | 613.1 |
Entertainment | 77.8 |  |  | 11.5 |  |  | 13.6 |  |  | 2.8 |  |  | 0.6 |  |  | 338.5 |
Corporate and Other(a) | — |  |  | (452.5) |  |  | 36.9 |  |  | 76.1 |  |  | 23.7 |  |  | 2,515.1 |
Consolidated Total | $ | 4,720.2 |  |  | — |  |  | 652.1 |  |  | 180.8 |  |  | 133.6 |  |  | 8,855.6 |
(a)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 assets within the individual operating segments, are done at the beginning of the year based on budgeted amounts. Any differences between actual and budgeted amounts are reflected in Corporate and Other. Furthermore, Corporate and Other includes elimination of inter-company income statement transactions. Corporate and Other also includes the elimination of inter-company balance sheet amounts.
Net Revenues by Geographic Regions | The following table represents consolidated Consumer Products segment net revenues by major geographic region for the three fiscal years ended December 26, 2021.
(In millions) | 2021 |  | 2020 |  | 2019
North America | $ | 2,315.9 |  |  | 2,116.2 |  |  | 2,098.1 |
Europe | 1,067.7 |  |  | 989.2 |  |  | 982.2 |
Asia Pacific | 310.1 |  |  | 295.6 |  |  | 359.4 |
Latin America | 287.9 |  |  | 248.6 |  |  | 441.5 |
Net revenues | $ | 3,981.6 |  |  | 3,649.6 |  |  | 3,881.2 |
Net Revenues by Category and Brand Portfolio | The following table represents consolidated Entertainment segment net revenues by category for the three fiscal years ended December 26, 2021.
(In millions) | 2021 |  | 2020 |  | 2019
Film and TV | $ | 932.5 |  |  | $ | 700.5 |  |  | $ | 45.1 |
Family Brands | 132.9 |  |  | 86.5 |  |  | 31.8 |
Music and Other | 86.8 |  |  | 122.1 |  |  | 0.9 |
Net revenues | $ | 1,152.2 |  |  | 909.1 |  |  | 77.8 |
The following table presents consolidated net revenues by brand portfolio for the three fiscal years ended December 26, 2021.
(In millions) | 2021 |  | 2020 |  | 2019
Franchise Brands | $ | 2,792.7 |  |  | 2,286.1 |  |  | 2,411.8 |
Partner Brands | 1,161.0 |  |  | 1,079.4 |  |  | 1,221.0 |
Hasbro Gaming | 851.4 |  |  | 814.8 |  |  | 709.8 |
Emerging Brands | 617.6 |  |  | 480.4 |  |  | 377.6 |
TV/Film/Entertainment | 997.7 |  |  | 804.7 |  |  | — |
Net revenues | $ | 6,420.4 |  |  | 5,465.4 |  |  | 4,720.2 |
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas | Information as to Hasbro’s operations in different geographical areas is presented below on the basis the Company uses to manage its business. Net revenues are categorized based on location of the customer, while long-lived assets (property, plant and equipment, goodwill and other intangibles) are categorized based on their location.
(In millions) | 2021 |  | 2020 |  | 2019
Net revenues |  |  |  |  |
United States | $ | 3,898.9 |  |  | 3,202.4 |  |  | 2,653.3 |
International | 2,521.5 |  |  | 2,263.0 |  |  | 2,066.9 |
| 6,420.4 |  |  | 5,465.4 |  |  | 4,720.2 |
Long-lived assets |  |  |  |  |
United States | 1,359.6 |  |  | 1,491.3 |  |  | 1,299.3 |
International | 3,653.0 |  |  | 4,220.2 |  |  | 223.8 |
| $ | 5,012.6 |  |  | 5,711.5 |  |  | 1,523.1 |

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration