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REVENUE RECOGNITION (Tables) | 9 Months Ended
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Sep. 26, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregated Revenue | Revenue has been disaggregated into the categories below to show how economic factors affect the nature, amount, timing and uncertainty of revenue and cash flows:
| Three Months Ended September 26, 2021
| (In thousands)
| Fresh |  | Prepared |  | Export |  | Other |  | Total
U.S. chicken | $ | 1,931,953 |  |  | $ | 235,763 |  |  | $ | 117,454 |  |  | $ | 181,680 |  |  | $ | 2,466,850 |
U.K. and Europe chicken | 195,967 |  |  | 274,275 |  |  | 83,430 |  |  | 22,036 |  |  | 575,708 |
Mexico chicken | 375,470 |  |  | 31,209 |  |  | — |  |  | 23,597 |  |  | 430,276 |
Total chicken | 2,503,390 |  |  | 541,247 |  |  | 200,884 |  |  | 227,313 |  |  | 3,472,834 |
U.K. and Europe pork | 52,265 |  |  | 269,563 |  |  | 21,012 |  |  | 11,892 |  |  | 354,732 |
Total net sales | $ | 2,555,655 |  |  | $ | 810,810 |  |  | $ | 221,896 |  |  | $ | 239,205 |  |  | $ | 3,827,566 |
| Three Months Ended September 27, 2020
| (In thousands)
| Fresh |  | Prepared |  | Export |  | Other |  | Total
U.S. chicken | $ | 1,590,003 |  |  | $ | 163,604 |  |  | $ | 58,871 |  |  | $ | 81,744 |  |  | 1,894,222 |
U.K. and Europe chicken | 221,862 |  |  | 201,884 |  |  | 62,783 |  |  | 17,368 |  |  | 503,897 |
Mexico chicken | 314,233 |  |  | 10,830 |  |  | — |  |  | 10,159 |  |  | 335,222 |
Total chicken | 2,126,098 |  |  | 376,318 |  |  | 121,654 |  |  | 109,271 |  |  | 2,733,341 |
U.K. and Europe pork | 176,667 |  |  | 125,963 |  |  | 18,378 |  |  | 20,772 |  |  | 341,780 |
Total net sales | $ | 2,302,765 |  |  | $ | 502,281 |  |  | $ | 140,032 |  |  | $ | 130,043 |  |  | $ | 3,075,121 |
| Nine Months Ended September 26, 2021
| (In thousands)
| Fresh |  | Prepared |  | Export |  | Other |  | Total
U.S. chicken | $ | 5,337,016 |  |  | $ | 637,344 |  |  | $ | 347,269 |  |  | $ | 393,250 |  |  | $ | 6,714,879 |
U.K. and Europe chicken | 624,414 |  |  | 735,985 |  |  | 223,147 |  |  | 55,764 |  |  | 1,639,310 |
Mexico chicken | 1,150,486 |  |  | 88,352 |  |  | — |  |  | 63,953 |  |  | 1,302,791 |
Total chicken | 7,111,916 |  |  | 1,461,681 |  |  | 570,416 |  |  | 512,967 |  |  | 9,656,980 |
U.K. and Europe pork | 290,673 |  |  | 709,743 |  |  | 55,489 |  |  | 25,804 |  |  | 1,081,709 |
Total net sales | $ | 7,402,589 |  |  | $ | 2,171,424 |  |  | $ | 625,905 |  |  | $ | 538,771 |  |  | $ | 10,738,689 |
| Nine Months Ended September 27, 2020
| (In thousands)
| Fresh |  | Prepared |  | Export |  | Other |  | Total
U.S. chicken | $ | 4,584,162 |  |  | $ | 535,960 |  |  | $ | 215,194 |  |  | $ | 284,475 |  |  | $ | 5,619,791 |
U.K. and Europe chicken | 678,369 |  |  | 533,862 |  |  | 164,657 |  |  | 49,154 |  |  | 1,426,042 |
Mexico chicken | 843,835 |  |  | 54,315 |  |  | — |  |  | 30,991 |  |  | 929,141 |
Total chicken | 6,106,366 |  |  | 1,124,137 |  |  | 379,851 |  |  | 364,620 |  |  | 7,974,974 |
U.K. and Europe pork | 509,663 |  |  | 382,500 |  |  | 52,521 |  |  | 54,414 |  |  | 999,098 |
Total net sales | $ | 6,616,029 |  |  | $ | 1,506,637 |  |  | $ | 432,372 |  |  | $ | 419,034 |  |  | $ | 8,974,072 |
Contract Balances | Changes in the revenue contract liabilities balance are as follows:
| September 26, 2021
| (In thousands)
Balance as of December 27, 2020 | $ | 65,918 |
Revenue recognized | (57,494) |
Cash received, excluding amounts recognized as revenue during the period | 12,140 |
Balance as of September 26, 2021 | $ | 20,564 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 + Details
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