Segment Information

9 Months Ended

Sep. 27, 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				Nine Months Ended
	September 27, 2024		September 29, 2023		September 27, 2024		September 29, 2023
Net revenue:
U.S.	$	4,014	$	3,394	$	11,495	$	9,863
Canada		109		99		325		289
Total net revenue	$	4,123	$	3,493	$	11,820	$	10,152
Pre-variable income:
U.S.	$	1,173	$	840	$	3,204	$	2,496
Canada		24		21		71		62
Total pre-variable income	$	1,197	$	861	$	3,275	$	2,558
Variable compensation:
U.S.	$	625	$	457	$	1,742	$	1,322
Canada		13		10		37		31
Total variable compensation	$	638	$	467	$	1,779	$	1,353
Income before allocations to partners:
U.S.	$	548	$	383	$	1,462	$	1,174
Canada		11		11		34		31
Total income before allocations to partners	$	559	$	394	$	1,496	$	1,205