Segment Information

6 Months Ended

Jun. 25, 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				Six Months Ended
	June 25, 2021		June 26, 2020		June 25, 2021		June 26, 2020
Net revenue:
U.S.	$	2,954	$	2,261	$	5,733	$	4,684
Canada		80		64		154		132
Total net revenue	$	3,034	$	2,325	$	5,887	$	4,816
Pre-variable income:
U.S.	$	915	$	569	$	1,756	$	1,205
Canada		13		9		21		14
Total pre-variable income	$	928	$	578	$	1,777	$	1,219
Variable compensation:
U.S.	$	473	$	283	$	933	$	614
Canada		12		7		21		14
Total variable compensation	$	485	$	290	$	954	$	628
Income before allocations to partners:
U.S.	$	442	$	286	$	823	$	591
Canada		1		2		—		—
Total income before allocations to partners	$	443	$	288	$	823	$	591