Segment Information

6 Months Ended

Jun. 28, 2019

NOTE 9 – 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 views 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, 2019		June 29, 2018			June 28, 2019			June 29, 2018
Net revenue:
U.S.	$	2,256	$	2,026		$	4,391		$	4,010
Canada		63		57			118			115
Total net revenue	$	2,319	$	2,083		$	4,509		$	4,125

Pre-variable income:
U.S.	$	557	$	487		$	1,045		$	953
Canada		7		2			6			5
Total pre-variable income		564		489			1,051			958

Variable compensation:
U.S.		273		243			513			473
Canada		6		6			12			12
Total variable compensation		279		249			525			485

Income (loss) before allocations to partners:
U.S.		284		244			532			480
Canada		1		(4	)		(6	)		(7	)
Total income before allocations to partners	$	285	$	240		$	526		$	473