XML 46 R29.htm IDEA: XBRL DOCUMENT
v3.22.1

Financial Instruments (Tables) | 3 Months Ended
--- | ---
Mar. 27, 2022
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | The carrying costs, which are equal to the outstanding principal amounts, and fair values of the Company's long-term borrowings as of March 27, 2022, March 28, 2021 and December 26, 2021 are as follows:
| March 27, 2022 |  | March 28, 2021 |  | December 26, 2021
| Carrying Cost |  | Fair Value |  | Carrying Cost |  | Fair Value |  | Carrying Cost |  | Fair Value
3.90% Notes Due 2029 | $ | 900.0 |  |  | 901.7 |  |  | $ | 900.0 |  |  | 961.9 |  |  | $ | 900.0 |  |  | 991.7 |
3.55% Notes Due 2026 | 675.0 |  |  | 677.2 |  |  | 675.0 |  |  | 731.2 |  |  | 675.0 |  |  | 725.6 |
3.00% Notes Due 2024 | 500.0 |  |  | 498.0 |  |  | 500.0 |  |  | 533.9 |  |  | 500.0 |  |  | 521.2 |
6.35% Notes Due 2040 | 500.0 |  |  | 604.2 |  |  | 500.0 |  |  | 639.6 |  |  | 500.0 |  |  | 692.8 |
3.50% Notes Due 2027 | 500.0 |  |  | 496.5 |  |  | 500.0 |  |  | 535.8 |  |  | 500.0 |  |  | 539.2 |
2.60% Notes Due 2022 | — |  |  | — |  |  | 300.0 |  |  | 309.6 |  |  | — |  |  | — |
5.10% Notes Due 2044 | 300.0 |  |  | 321.7 |  |  | 300.0 |  |  | 333.8 |  |  | 300.0 |  |  | 374.5 |
6.60% Debentures Due 2028 | 109.9 |  |  | 125.4 |  |  | 109.9 |  |  | 134.4 |  |  | 109.9 |  |  | 136.7 |
Variable % Notes Due December 30, 2022 | — |  |  | — |  |  | 300.0 |  |  | 300.0 |  |  | — |  |  | — |
Variable % Notes Due December 30, 2024 (1) | 340.0 |  |  | 340.0 |  |  | 570.0 |  |  | 570.0 |  |  | 397.5 |  |  | 397.5 |
Production Financing Facilities | 95.8 |  |  | 95.8 |  |  | 201.8 |  |  | 201.8 |  |  | 170.1 |  |  | 170.1 |
Total long-term debt | $ | 3,920.7 |  |  | 4,060.5 |  |  | $ | 4,856.7 |  |  | 5,252.0 |  |  | $ | 4,052.5 |  |  | 4,549.3 |
Less: Deferred debt expenses | 27.0 |  |  | — |  |  | 33.7 |  |  | — |  |  | 28.2 |  |  | — |
Less: Current portion | 155.8 |  |  | — |  |  | 148.9 |  |  | — |  |  | 200.1 |  |  | — |
Long-term debt | $ | 3,737.9 |  |  | 4,060.5 |  |  | $ | 4,674.1 |  |  | 5,252.0 |  |  | $ | 3,824.2 |  |  | 4,549.3 |
(1) During the first quarter of 2022, the Company repaid $50.0 million of the Variable % Notes due December 30, 2024.
Production Financing Loans | The production financing facilities as of March 27, 2022, March 28, 2021 and December 26, 2021 are as follows:
| March 27, 2022 |  | March 28, 2021 |  | December 26, 2021
Production financing facilities | $ | 199.1 |  |  | $ | 201.8 |  |  | $ | 170.1 |
Other loans (1) | — |  |  | 7.9 |  |  | — |
Total | $ | 199.1 |  |  | $ | 209.7 |  |  | $ | 170.1 |
Production financing included in the consolidated balance sheet as: |  |  |  |  |
Non-current | $ | — |  |  | $ | 82.9 |  |  | $ | — |
Current | 199.1 |  |  | 118.9 |  |  | 170.1 |
Total | $ | 199.1 |  |  | $ | 201.8 |  |  | $ | 170.1 |
(1) Other loans consist of production related demand loans, and are recorded within Short-term Borrowings in the Company's consolidated balance sheets.
Carrying Amount of Currencies for Production Financing Loans | The carrying amounts are denominated in the following currencies:
| Canadian Dollars |  | U.S. Dollars |  | Total
As of March 27, 2022 | $ | 24.2 |  |  | $ | 71.6 |  |  | $ | 95.8 |
Schedule of Production Financing Loans | The following table represents the movements in production financing loans during the first quarter of 2022:
| Production Financing |  |  |  |
December 26, 2021 | $ | 170.1 |  |  |  |  |
Drawdowns | 112.2 |  |  |  |  |
Repayments | (84.0) |  |  |  |  |
Foreign exchange differences | 0.8 |  |  |  |  |
Balance at March 27, 2022 | $ | 199.1 |  |  |  |  |

X
- Definition Carrying Amount Of Currencies For Production Credit Facilities [Table Text Block] + References No definition available. + Details
Name: | has_CarryingAmountOfCurrenciesForProductionCreditFacilitiesTableTextBlock
Namespace Prefix: | has_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Production Financing Loans [Table Text Block] + References No definition available. + Details
Name: | has_ProductionFinancingLoansTableTextBlock
Namespace Prefix: | has_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Production Financing Loans + References No definition available. + Details
Name: | has_ScheduleOfProductionFinancingLoansTableTextBlock
Namespace Prefix: | has_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration