REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 26, 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 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