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Revenue Recognition (Tables)
12 Months Ended
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)20242023
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)20242023
Balance at beginning of the year$12.7 $20.0 
Provisions/charges to income18.9 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)202420232022
North America$1,493.0 $1,649.1 $2,064.8 
Europe519.7 669.5 899.5 
Asia Pacific286.7 256.3 293.4 
Latin America244.5 311.5 314.8 
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)202420232022
Tabletop Gaming$1,039.6 $1,072.5 $1,067.0 
Digital and Licensed Gaming471.7 385.1 258.1 
Net revenues$1,511.3 $1,457.6 $1,325.1 
The following table represents consolidated Entertainment segment net revenues by category:
(In millions)202420232022
Film and TV (1)
$6.6 $575.5 $837.6 
Family Brands73.7 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)202420232022
Franchise Brands $3,120.9 $3,256.5 $3,350.8 
Partner Brands583.4 687.8 1,052.0 
Portfolio Brands431.2 521.8 625.2 
Non-Hasbro Branded Film & TV— 537.2 828.7 
Net revenues$4,135.5 $5,003.3 $5,856.7