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Revenue Recognition (Tables) | 12 Months Ended
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Dec. 29, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Contract Assets and Liabilities | The opening and closing balances of contract assets and contract liabilities are as follows:
(In millions) | 2024 |  | 2023 |  |
Contract Assets |  |  |  |  |
Balance at beginning of the year | $ | 213.3 |  |  | $ | 594.4 |  |  |
Ending Balance | $ | 241.4 |  |  | $ | 213.3 |  |  |
Contract Liabilities |  |  |  |  |
Balance at beginning of the year | $ | 230.8 |  |  | $ | 113.0 |  |  |
Ending Balance | $ | 236.8 |  |  | $ | 230.8 |  |  |
Schedule of Activity in Allowance for Credit Losses | A summary of the activity in the allowance for credit losses is as follows:
(In millions) | 2024 |  | 2023
Balance at beginning of the year | $ | 12.7 |  |  | $ | 20.0 |
Provisions/charges to income | 18.9 |  |  | 4.2 |
Amounts charged off and other deductions | (4.6) |  |  | (12.2) |
Foreign currency impact | (1.2) |  |  | 0.7 |
Ending balance | $ | 25.8 |  |  | $ | 12.7 |
Schedule of Net Revenues by Geographic Regions | The following table represents consolidated Consumer Products segment net revenues by major geographic region:
(In millions) | 2024 |  | 2023 |  | 2022
North America | $ | 1,493.0 |  |  | $ | 1,649.1 |  |  | $ | 2,064.8 |
Europe | 519.7 |  |  | 669.5 |  |  | 899.5 |
Asia Pacific | 286.7 |  |  | 256.3 |  |  | 293.4 |
Latin America | 244.5 |  |  | 311.5 |  |  | 314.8 |
Net revenues | $ | 2,543.9 |  |  | $ | 2,886.4 |  |  | $ | 3,572.5 |
Schedule of Net Revenues by Category | The following table represents consolidated Wizards of the Coast and Digital Gaming segment net revenues by category:
(In millions) | 2024 |  | 2023 |  | 2022
Tabletop Gaming | $ | 1,039.6 |  |  | $ | 1,072.5 |  |  | $ | 1,067.0 |
Digital and Licensed Gaming | 471.7 |  |  | 385.1 |  |  | 258.1 |
Net revenues | $ | 1,511.3 |  |  | $ | 1,457.6 |  |  | $ | 1,325.1 |
The following table represents consolidated Entertainment segment net revenues by category:
(In millions) | 2024 |  | 2023 |  | 2022
Film and TV (1) | $ | 6.6 |  |  | $ | 575.5 |  |  | $ | 837.6 |
Family Brands | 73.7 |  |  | 83.8 |  |  | 79.4 |
Music and Other | — |  |  | — |  |  | 42.1 |
Net revenues | $ | 80.3 |  |  | $ | 659.3 |  |  | $ | 959.1 |
(1) Net revenues from the Company's Non-Hasbro-branded Film and TV portfolio were associated with the Company's eOne Film and TV business sold to Lionsgate during the fourth quarter of 2023. The following table presents consolidated net revenues by brand portfolio:
(In millions) | 2024 |  | 2023 |  | 2022
Franchise Brands | $ | 3,120.9 |  |  | $ | 3,256.5 |  |  | $ | 3,350.8 |
Partner Brands | 583.4 |  |  | 687.8 |  |  | 1,052.0 |
Portfolio Brands | 431.2 |  |  | 521.8 |  |  | 625.2 |
Non-Hasbro Branded Film & TV | — |  |  | 537.2 |  |  | 828.7 |
Net revenues | $ | 4,135.5 |  |  | $ | 5,003.3 |  |  | $ | 5,856.7 |

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- 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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
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