Segment Information

9 Months Ended

Sep. 29, 2023

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 29, 2023		September 30, 2022		September 29, 2023		September 30, 2022
Net revenue:
U.S.	$	3,394	$	2,955	$	9,863	$	8,820
Canada		99		95		289		277
Total net revenue	$	3,493	$	3,050	$	10,152	$	9,097
Pre-variable income:
U.S.	$	840	$	709	$	2,496	$	2,283
Canada		21		24		62		60
Total pre-variable income	$	861	$	733	$	2,558	$	2,343
Variable compensation:
U.S.	$	457	$	405	$	1,322	$	1,275
Canada		10		9		31		33
Total variable compensation	$	467	$	414	$	1,353	$	1,308
Income before allocations to partners:
U.S.	$	383	$	304	$	1,174	$	1,008
Canada		11		15		31		27
Total income before allocations to partners	$	394	$	319	$	1,205	$	1,035