SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Net Sales and Earnings by Segment

Our segment net sales and earnings were as follows:

For the year ended December 31, 2025	North America Confectionery		North America Salty Snacks		International		Total
Net sales	$	9,479,709	$	1,271,299	$	941,568	$	11,692,576
Cost of sales	5,796,018		804,635		740,764
SM&A expense	1,189,959		225,311		197,486
Total segment income	$	2,493,732	$	241,353	$	3,318	$	2,738,403
Unallocated corporate expense (1)							814,313
Unallocated mark-to-market losses on commodity derivatives							423,161
Costs associated with business realignment activities (see Note 9)							59,401
Operating profit							$	1,441,528
Interest expense, net (see Note 4)							190,206
Other (income) expense, net (see Note 17)							37,114
Income before income taxes							$	1,214,208

For the year ended December 31, 2024	North America Confectionery		North America Salty Snacks		International		Total
Net sales	$	9,118,590	$	1,135,720	$	947,953	$	11,202,263
Cost of sales	4,984,764		719,850		642,634
SM&A expense	1,188,138		216,480		193,800
Total segment income	$	2,945,688	$	199,390	$	111,519	$	3,256,597
Unallocated corporate expense (1)							701,266
Unallocated mark-to-market gains on commodity derivatives							(460,437)
Costs associated with business realignment activities (see Note 9)							117,536
Operating profit							$	2,898,232
Interest expense, net (see Note 4)							165,655
Other (income) expense, net (see Note 17)							258,641
Income before income taxes							$	2,473,936

For the year ended December 31, 2023	North America Confectionery		North America Salty Snacks		International		Total
Net sales	$	9,123,139	$	1,092,689	$	949,164	$	11,164,992
Cost of sales	4,781,671		726,569		601,175
SM&A expense	1,224,424		207,787		199,730
Total segment income	$	3,117,044	$	158,333	$	148,259	$	3,423,636
Unallocated corporate expense (1)							800,390
Unallocated mark-to-market losses on commodity derivatives							58,939
Costs associated with business realignment activities (see Note 9)							3,440
Operating profit							$	2,560,867
Interest expense, net (see Note 4)							151,785
Other (income) expense, net (see Note 17)							237,218
Income before income taxes							$	2,171,864

(1)Includes centrally-managed (a) corporate functional costs relating to legal, treasury, finance, and human resources, (b) expenses associated with the oversight and administration of our global operations, including warehousing, distribution and manufacturing, information systems and global shared services, (c) non-cash stock-based

compensation expense, (d) acquisition-related costs and (e) other gains or losses that are not integral to segment performance.

Schedule of Unallocated Mark-to-Market Losses (Gains) on Commodity Derivatives

Activity within the unallocated mark-to-market losses (gains) on commodity derivatives is as follows:

For the years ended December 31,	2025		2024		2023
Net (gains) losses on mark-to-market valuation of commodity derivative positions recognized in income	$	(18,837)	$	(509,870)	$	53,085
Net gains on commodity derivative positions reclassified from unallocated to segment income	441,998		49,433		5,854
Net losses (gains) on mark-to-market valuation of commodity derivative positions recognized in unallocated derivative losses (gains)	$	423,161	$	(460,437)	$	58,939

Schedule of Depreciation and Amortization Expense Included within Segment Income

Depreciation and amortization expense included within segment income presented above is as follows:

For the years ended December 31,	2025		2024		2023
North America Confectionery	$	299,038	$	259,502	$	238,786
North America Salty Snacks	87,238		86,446		85,566
International	28,857		24,793		23,699
Corporate	88,568		84,514		71,764
Total	$	503,701	$	455,255	$	419,815

Schedule of Segment Information by Geography

Additional information regarding our net sales and long-lived assets disaggregated by geographical region is as follows:

For the years ended December 31,	2025		2024		2023
Net sales:
United States	$	10,251,643	$	9,771,343	$	9,752,314
Other	1,440,933		1,430,920		1,412,678
Total	$	11,692,576	$	11,202,263	$	11,164,992
Long-lived assets:
United States	$	2,967,499	$	2,925,420	$	2,732,787
Other	562,109		533,433		576,891
Total	$	3,529,608	$	3,458,853	$	3,309,678