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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | Changes in the carrying amount of goodwill, by operating segment are as follows:
(In millions) | Consumer Products |  | Wizards of the Coast and Digital Gaming |  | Entertainment |  | Total
Balance at December 25, 2022 | $ | 1,584.7 |  |  | $ | 371.5 |  |  | $ | 1,513.9 |  |  | $ | 3,470.1 |
Impairment during the period | — |  |  | — |  |  | (1,191.2) |  |  | (1,191.2) |
Foreign exchange translation | (2.4) |  |  | 0.2 |  |  | 2.5 |  |  | 0.3 |
Balance at December 31, 2023 | $ | 1,582.3 |  |  | $ | 371.7 |  |  | $ | 325.2 |  |  | $ | 2,279.2 |
Foreign exchange translation | (0.3) |  |  | (0.7) |  |  | — |  |  | (1.0) |
Balance at December 29, 2024 | $ | 1,582.0 |  |  | $ | 371.0 |  |  | $ | 325.2 |  |  | $ | 2,278.2 |
Schedule of Finite-Lived Intangible Assets | The following table represents a summary of the Company’s other intangible assets:
(In millions) | 2024(1) |  | 2023
Acquired product rights | $ | 863.9 |  |  | $ | 1,763.8 |
Licensed rights of entertainment properties | — |  |  | 45.0 |
Impairment | — |  |  | (116.0) |
Accumulated amortization | (421.2) |  |  | (1,181.0) |
Amortizable intangible assets | 442.7 |  |  | 511.8 |
Product rights with indefinite lives | 75.7 |  |  | 75.7 |
Total other intangibles assets, net | $ | 518.4 |  |  | $ | 587.5 |
(1) Excludes the original cost and accumulated amortization of fully-amortized intangibles.
Schedule of Indefinite-Lived Intangible Assets | The following table represents a summary of the Company’s other intangible assets:
(In millions) | 2024(1) |  | 2023
Acquired product rights | $ | 863.9 |  |  | $ | 1,763.8 |
Licensed rights of entertainment properties | — |  |  | 45.0 |
Impairment | — |  |  | (116.0) |
Accumulated amortization | (421.2) |  |  | (1,181.0) |
Amortizable intangible assets | 442.7 |  |  | 511.8 |
Product rights with indefinite lives | 75.7 |  |  | 75.7 |
Total other intangibles assets, net | $ | 518.4 |  |  | $ | 587.5 |
(1) Excludes the original cost and accumulated amortization of fully-amortized intangibles.
Schedule of Expected Amortization Expense | The Company currently estimates amortization expense related to the above intangible assets for the next five years to be approximately:
| (In millions)
2025 | $ | 65.5 |
2026 | 57.7 |
2027 | 57.7 |
2028 | 56.6 |
2029 | 55.8 |
Thereafter | 149.4 |
Total | $ | 442.7 |

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