SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 29, 2026

Segment Reporting [Abstract]

Schedule of Net Sales and Earnings by Segment

Our segment net sales and earnings for the three months ended March 29, 2026 and March 30, 2025 were as follows:

For the three months ended March 29, 2026	North America Confectionery		North America Salty Snacks		International		Total
Net sales	$	2,489,918	$	350,070	$	264,179	$	3,104,167
Cost of sales	1,402,465		248,517		200,270
SM&A expense	295,075		67,253		48,646
Total segment income	$	792,378	$	34,300	$	15,263	$	841,941
Unallocated corporate expense (1)							157,706
Unallocated mark-to-market losses on commodity derivatives							30,184
Costs associated with business realignment activities (see Note 9)							13,358
Operating profit							$	640,693
Interest expense, net (see Note 4)							49,818
Other (income) expense, net (see Note 17)							(1,820)
Income before income taxes							$	592,695

For the three months ended March 30, 2025	North America Confectionery		North America Salty Snacks		International		Total
Net sales	$	2,300,140	$	277,798	$	227,481	$	2,805,419
Cost of sales	1,315,076		180,638		153,984
SM&A expense	288,690		55,307		44,771
Total segment income	$	696,374	$	41,853	$	28,726	$	766,953
Unallocated corporate expense (1)							160,425
Unallocated mark-to-market losses on commodity derivatives							211,453
Costs associated with business realignment activities (see Note 9)							25,854
Operating profit							$	369,221
Interest expense, net (see Note 4)							44,622
Other (income) expense, net (see Note 17)							945
Income before income taxes							$	323,654

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

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

Activity within the unallocated mark-to-market adjustment for commodity derivatives is as follows:

	Three Months Ended
	March 29, 2026		March 30, 2025
Net losses on mark-to-market valuation of commodity derivative positions recognized in income	$	28,909	$	53,857
Net gains on commodity derivative positions reclassified from unallocated to segment income	1,275		157,596
Net losses on mark-to-market valuation of commodity derivative positions recognized in unallocated derivative losses	$	30,184	$	211,453

Schedule of Depreciation and Amortization Expense Included within Segment Income

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

	Three Months Ended
	March 29, 2026		March 30, 2025
North America Confectionery	$	77,517	$	69,773
North America Salty Snacks	26,056		21,846
International	7,397		6,185
Corporate	22,032		21,760
Total	$	133,002	$	119,564

Schedule of Segment Information by Geography

Additional information regarding our net sales disaggregated by geographical region is as follows:

	Three Months Ended
	March 29, 2026		March 30, 2025
Net sales:
United States	$	2,711,473	$	2,467,754
All other countries	392,694		337,665
Total	$	3,104,167	$	2,805,419