Segment Information

9 Months Ended

Sep. 24, 2021

Segment Reporting [Abstract]

Segment Information

NOTE 8 – SEGMENT INFORMATION

The Partnership has determined it has two operating and reportable segments based upon geographic location, the U.S. and Canada. Canada segment information, as reported in the following table, is based upon the consolidated financial statements of the Partnership's Canada operations, which primarily occur through a non-guaranteed subsidiary of the Partnership. The U.S. segment information is derived from the Consolidated Financial Statements less the Canada segment information as presented. Pre-variable income represents income before variable compensation expense and before allocations to partners. This is consistent with how management reviews the segments to assess performance.

The following table shows financial information for the Partnership’s reportable segments:

	Three Months Ended					Nine Months Ended
	September 24, 2021		September 25, 2020			September 24, 2021		September 25, 2020
Net revenue:
U.S.	$	3,052	$	2,469		$	8,785	$	7,153
Canada		88		58			242		190
Total net revenue	$	3,140	$	2,527		$	9,027	$	7,343
Pre-variable income:
U.S.	$	884	$	689		$	2,640	$	1,894
Canada		22		3			43		17
Total pre-variable income	$	906	$	692		$	2,683	$	1,911
Variable compensation:
U.S.	$	496	$	369		$	1,429	$	983
Canada		10		7			31		21
Total variable compensation	$	506	$	376		$	1,460	$	1,004
Income (loss) before allocations to partners:
U.S.	$	388	$	320		$	1,211	$	911
Canada		12		(4	)		12		(4	)
Total income before allocations to partners	$	400	$	316		$	1,223	$	907