Segment Information

6 Months Ended

Jun. 28, 2024

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				Six Months Ended
	June 28, 2024		June 30, 2023		June 28, 2024		June 30, 2023
Net revenue:
U.S.	$	3,793	$	3,279	$	7,481	$	6,469
Canada		110		95		216		190
Total net revenue	$	3,903	$	3,374	$	7,697	$	6,659
Pre-variable income:
U.S.	$	1,035	$	863	$	2,031	$	1,656
Canada		26		21		47		41
Total pre-variable income	$	1,061	$	884	$	2,078	$	1,697
Variable compensation:
U.S.	$	578	$	462	$	1,117	$	865
Canada		13		12		24		21
Total variable compensation	$	591	$	474	$	1,141	$	886
Income before allocations to partners:
U.S.	$	457	$	401	$	914	$	791
Canada		13		9		23		20
Total income before allocations to partners	$	470	$	410	$	937	$	811