REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 28, 2021

Revenue from Contract with Customer [Abstract]

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 March 28, 2021
	(In thousands)
	Fresh		Prepared		Export		Other		Total
U.S. chicken	$	1,597,423	$	194,272	$	113,971	$	93,893	$	1,999,559
U.K. and Europe chicken	210,445		216,313		63,551		11,602		501,911
Mexico chicken	372,721		27,404		—		19,006		419,131
Total chicken	2,180,589		437,989		177,522		124,501		2,920,601
U.K. and Europe pork	176,441		159,809		15,831		743		352,824
Total net sales	$	2,357,030	$	597,798	$	193,353	$	125,244	$	3,273,425


	Three Months Ended March 29, 2020
	(In thousands)
	Fresh		Prepared		Export		Other		Total
U.S. chicken	$	1,541,640	$	216,087	$	58,854	$	110,299	$	1,926,880
U.K. and Europe chicken	231,953		194,405		59,112		15,703		501,173
Mexico chicken	292,912		24,971		—		7,903		325,786
Total chicken	2,066,505		435,463		117,966		133,905		2,753,839
U.K. and Europe pork	164,682		117,630		18,050		20,727		321,089
Total net sales	$	2,231,187	$	553,093	$	136,016	$	154,632	$	3,074,928

Contract Balances

Changes in the revenue contract liabilities balance are as follows:


	March 28, 2021
	(In thousands)
Balance, beginning of period	$	65,918
Revenue recognized	(48,218)
Cash received, excluding amounts recognized as revenue during the period	17,634
Balance, end of period	$	35,334