Hasbro (HAS) 10-Q 8 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Oct. 01, 2017	Oct. 23, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	HASBRO INC
Entity Central Index Key	46,080
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		124,555,586
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Oct. 1, 2017
Trading Symbol	HAS

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Oct. 01, 2017	Dec. 25, 2016	Sep. 25, 2016
Current assets
Cash and cash equivalents	$ 1,244,778	$ 1,282,285	$ 830,372
Accounts receivable, less allowance for doubtful accounts of $33,900, $16,800 and $36,500 as of October 1, 2017, December 25, 2016 and September 25, 2016, respectively	1,655,752	1,319,963	1,452,931
Inventories	629,120	387,675	607,701
Prepaid expenses and other current assets	232,590	237,684	255,983
Total current assets	3,762,240	3,227,607	3,146,987
Property, plant and equipment, less accumulated depreciation of $417,000, $383,700 and $358,100 as of October 1, 2017, December 25, 2016 and September 25, 2016, respectively	263,862	267,398	247,231
Other assets
Goodwill	572,762	570,555	604,700
Other intangibles, net, accumulated amortization of $898,300, $876,000 and $867,300 as of October 1, 2017, December 25, 2016 and September 25, 2016, respectively	223,695	245,949	254,637
Other	722,089	779,857	701,592
Total other assets	1,518,546	1,596,361	1,560,929
Total assets	5,544,648	5,091,366	4,955,147
Current liabilities
Short-term borrowings	189,012	172,582	178,666
Current portion of long-term debt	0	349,713	349,611
Accounts payable	525,852	319,525	344,874
Accrued liabilities	769,893	776,039	742,568
Total current liabilities	1,484,757	1,617,859	1,615,719
Long-term debt	1,693,261	1,198,679	1,198,461
Other liabilities	410,378	389,388	364,378
Total liabilities	3,588,396	3,205,926	3,178,558
Redeemable noncontrolling interests	0	22,704	34,829
Shareholders' equity
Preference stock of $2.50 par value. Authorized 5,000,000 shares; none issued	0	0	0
Common stock of $0.50 par value. Authorized 600,000,000 shares; issued 209,694,630 at October 1, 2017, December 25, 2016, and September 25, 2016	104,847	104,847	104,847
Additional paid-in capital	1,043,981	985,418	959,859
Retained earnings	4,336,420	4,148,722	4,019,370
Accumulated other comprehensive loss	(234,792)	(194,570)	(203,989)
Treasury stock, at cost; 85,139,302 shares at October 1, 2017; 85,207,677 shares at December 25, 2016; and 84,751,773 shares at September 25, 2016	(3,294,204)	(3,181,681)	(3,138,327)
Total shareholders' equity	1,956,252	1,862,736	1,741,760
Total liabilities, redeemable noncontrolling interests and shareholders' equity	$ 5,544,648	$ 5,091,366	$ 4,955,147

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) Parenthetical - USD ($) $ in Thousands	Oct. 01, 2017	Dec. 25, 2016	Sep. 25, 2016
Current assets
Accounts receivable, allowance for doubtful accounts	$ 33,900	$ 16,800	$ 36,500
Property, plant and equipment, accumulated depreciation	417,000	383,700	358,100
Other assets
Other intangibles, accumulated amortization	$ 898,300	$ 876,000	$ 867,300
Shareholders' equity
Preference stock, par value (in dollars per share)	$ 2.5	$ 2.5	$ 2.5
Preference stock, authorized shares (in shares)	5,000,000	5,000,000	5,000,000
Preference stock, issued (in shares)	0	0	0
Common stock, par value (in dollars per share)	$ 0.5	$ 0.5	$ 0.5
Common stock, authorized shares (in shares)	600,000,000	600,000,000	600,000,000
Common stock, issued (in shares)	209,694,630	209,694,630	209,694,630
Treasury stock, at cost; shares (in shares)	85,139,302	85,207,677	84,751,773

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016
Consolidated Statements of Operations (Unaudited) [Abstract]
Net revenues	$ 1,791,502	$ 1,679,757	$ 3,613,671	$ 3,389,882
Costs and expenses
Cost of sales	730,656	658,986	1,404,971	1,270,902
Royalties	139,222	134,294	282,754	273,671
Product development	67,386	70,083	192,765	190,918
Advertising	168,926	154,132	342,236	320,948
Amortization of intangibles	6,492	8,691	22,254	26,073
Program production cost amortization	5,394	6,282	16,152	17,501
Selling, distribution and administration	312,482	285,188	813,268	756,978
Total costs and expenses	1,430,558	1,317,656	3,074,400	2,856,991
Operating Profit	360,944	362,101	539,271	532,891
Non-operating (income) expense
Interest Expense	25,072	24,305	73,752	72,263
Interest income	(5,362)	(1,944)	(16,042)	(6,469)
Other income, net	(8,607)	(6,584)	(26,003)	(5,460)
Total non-operating expense, net	11,103	15,777	31,707	60,334
Earnings before income taxes	349,841	346,324	507,564	472,557
Income tax expense	84,258	90,162	105,659	120,005
Net earnings	265,583	256,162	401,905	352,552
Net loss attributable to noncontrolling interests	0	(1,636)	0	(6,103)
Net Earnings Attributable to Hasbro, Inc.	$ 265,583	$ 257,798	$ 401,905	$ 358,655
Net earnings attributable to Hasbro, Inc. per common share:
Basic (in dollars per share)	$ 2.12	$ 2.05	$ 3.21	$ 2.86
Diluted (in dollars per share)	2.09	2.03	3.16	2.82
Cash dividends declared per common share (in dollars per share)	$ 0.57	$ 0.51	$ 1.71	$ 1.53

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Earnings - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016
Consolidated Statements of Comprehensive Earnings [Abstract]
Net earnings	$ 265,583	$ 256,162	$ 401,905	$ 352,552
Other comprehensive earnings (loss):
Foreign currency translation adjustments	13,142	(1,483)	41,954	18,482
Net losses on cash flow hedging activities, net of tax	(26,532)	(12,960)	(83,729)	(37,004)
Unrealized holding (losses) gains on available-for-sale securities, net of tax	(784)	(390)	(555)	963
Reclassifications to earnings, net of tax:
Net losses (gains) on cash flow hedging activities	4,547	(16,028)	(2,237)	(43,952)
Unrecognized pension and postretirement amounts	1,448	1,173	4,345	3,523
Total other comprehensive earnings loss, net of tax	(8,179)	(29,688)	(40,222)	(57,988)
Comprehensive earnings	257,404	226,474	361,683	294,564
Comprehensive loss attributable to noncontrolling interests	0	(1,636)	0	(6,103)
Comprehensive earnings attributable to Hasbro, Inc.	$ 257,404	$ 228,110	$ 361,683	$ 300,667

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016
Cash flows from operating activities
Net earnings	$ 401,905	$ 352,552
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation of plant and equipment	107,853	89,327
Amortization of intangibles	22,254	26,073
Program production cost amortization	16,152	17,501
Deferred income taxes	17,797	25,091
Stock-based compensation	37,390	39,673
Other Noncash Items	(16,033)	(15,523)
Change in operating assets and liabilities net of acquired and disposed balances:
Increase in accounts receivable	(300,693)	(224,172)
Increase in inventories	(222,546)	(214,734)
Increase in prepaid expenses and other current assets	(4,437)	(4,063)
Program Production Costs	(25,309)	(36,010)
Increase in accounts payable and accrued liabilities	137,518	171,287
Other	29,945	(31,595)
Net cash provided by operating activities	201,796	195,407
Cash flows from investing activities
Additions to property, plant and equipment	(102,512)	(103,639)
Investment and acquisitions, net of cash acquired	0	(12,436)
Other	5,516	25,576
Net cash utilized by investing activities	(96,996)	(90,499)
Cash flows from financing activities
Net proceeds from borrowings with maturity greater than three months	493,878	0
Repayments of borrowings with maturity greater than three months	(350,000)	0
Net proceeds from other short-term borrowings	15,663	14,160
Purchases of common stock	(112,241)	(104,273)
Stock-based compensation transactions	29,432	37,515
Dividends paid	(206,012)	(185,265)
Payments related to tax withholding for share-based compensation	(31,973)	(21,914)
Other	0	762
Net cash utilized by financing activities	(161,253)	(259,015)
Effect of exchange rate changes on cash	18,946	7,729
Decrease in cash and cash equivalents	(37,507)	(146,378)
Cash and cash equivalents at beginning of year	1,282,285	976,750
Cash and cash equivalents at end of period	1,244,778	830,372
Supplemental information
Interest	75,567	74,700
Income taxes	$ 86,441	$ 64,854

Basis of Presentation

Basis of Presentation	9 Months Ended
	Oct. 01, 2017
Basis of Presentation [Abstract]
Basis of Presentation	( 1 ) Basis of Presentation In the opinion of management, the accompanying unaudited interim consolidated financial statements contain all normal and recurring adjustments necessary to present fairly the consolidated financial position of Hasbro, Inc. and all majority-owned subsidiaries ("Hasbro" or the "Company") as of October 1, 2017 and September 25, 2016 , and the results of its operations and cash flows for the periods then ended in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and notes thereto. Actual results could differ from those estimates. The quarters ended October 1, 2017 and September 25, 2016 were each 13-week periods . The nine -month period ended October 1, 2017 was a 40-week period while the nine-month period ended September 25, 2016 was a 39-week period . The results of operations for the quarter and nine -month periods ended October 1, 2017 are not necessarily indicative of results to be expected for the full year, nor were those of the comparable 2016 periods representative of those actual ly experienced for the full year 2016 . Certain reclassifications have been made to prior year amounts to conform to the current period presentation . These condensed consolidated financial statements have been prepared without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and disclosures normally included in the consolidated financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. The Company filed audited consolidated financial statements for the fiscal year ended December 25, 2016 in its Annual Report on Form 10-K (“2016 Form 10-K”), which includes all such information and disclosures and, accordingly, should be read in conjunction with the financial information included herein. Recently Adopted Accounting Standards The Company's accounting policies ar e the same as those described in Note 1 to the Company's consolidated financial statements in its 2016 Form 10-K with the exception of the accounting policy related to stock compensation. During the first quarter of 2017, the Company adopted Accounting St andards Update (“ ASU ”) 2016-09, Improvements to Employee Share-Based Payment Accounting. The ASU includes provisions intended to simp lify how share-based payments are accounted for and presented in th e financial statements including: Prospectively, the requirement to record all of the tax effects related to share-based payments at settlement through the income statement . For the quarter and nine months ended October 1, 2017, excess tax benefits of $ 5,014 and $ 20,478 , respectively, were recorded to incom e tax expense . A requirement that all tax-related cash flows resulting from share-based payments be reported as operating activities , included with other income tax cash flows on the statement of cash flows. Previously, these amounts were reported as a cash inflow from financing activities. The Company elected to apply this requirement of the standard retrospectively. Accordingly, the cash flow statement for the nine months ended September 25, 2016 has been restated to include $ 19,712 of cash flows fro m excess tax benefits, previously included as financing activities, in operating activities with in the increase in accounts payable and other accrued liabilities . For the nine months ended October 1, 2017 excess tax benefits of $ 20,478 were reported as op erating activities. A requirement that all cash payments made to taxing authorities on the employees’ behalf for withheld shares shall be presented as financing activities in the statements of cash flows. Prior to adoption of ASU 2016-09, these cash flows were included as operating activities. This change was required to be applied on a retrospective basis and as a result, the Company has restated the consolidated statement of cash flows for the nine months ended September 25, 2016. This change resulted in payments of $ 21,914 for the nine months ended September 25, 2016 being included in financing activities. For the nine months ended October 1, 2017, such payments amounted to $ 31,973 . Entities are permitted to make an accounting policy election for the im pact of forfeitures on the recognition of expense for share-based payment awards choosing either to estimate forfeitures as previously required or recognize forfeitures as they occur. The Company elected to change its method of accounting for forfeitures f rom estimating the number of stock-based awards expected to vest, to accounting for forfeitures as they occur which resulted in a one-time charge, net of tax, of $ 700 to retained earnings recorded during the first quarter of 2017. Based upon the Company’s history of forfeitures, it is not expected that this election will have a material impact on its financial statements going forward however, as any impact will be based on future forfeitures, the actual impact could differ from the Company’s expectation. Recent Transactions Through 2016, the Company had one investment with a redeemable noncontrolling interest which was the Company’s 70 % majority interest in Backflip Studios, LLC (“Backflip”). During the first quarter of 2017, the Company acquired the remaining 30 % of Backflip for no additional consideration, making it a wholly-owned subsidiary of the Company.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Oct. 01, 2017
Earnings Per Share (Thousands of Dollars and Shares Except Per Share Data) [Abstract]
Earnings Per Share	( 2 ) Earnings Per Share Net earnings per share data for the quarter s and nine -month periods ended October 1, 2017 and September 25, 2016 were computed as follows: 2017 2016 Quarter Basic Diluted Basic Diluted Net earnings attributable to Hasbro, Inc. $ 265,583 265,583 257,798 257,798 Average shares outstanding 125,170 125,170 125,500 125,500 Effect of dilutive securities: Options and other share-based awards - 1,980 - 1,678 Equivalent Shares 125,170 127,150 125,500 127,178 Net earnings attributable to Hasbro, Inc. per common share $ 2.12 2.09 2.05 2.03 2017 2016 Nine Months Basic Diluted Basic Diluted Net earnings attributable to Hasbro, Inc. $ 401,905 401,905 358,655 358,655 Average shares outstanding 125,204 125,204 125,414 125,414 Effect of dilutive securities: Options and other share-based awards - 2,044 - 1,642 Equivalent Shares 125,204 127,248 125,414 127,056 Net earnings attributable to Hasbro, Inc. per common share $ 3.21 3.16 2.86 2.82 For the quarter s ended October 1, 2017 and September 25, 2016 , options and restricted stock units totaling 450 and 492, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been antidilutive. For the nine -month periods ended October 1, 2017 and September 25, 2016 , options and restricted stock units totaling 514 and 492 , respectively, were excluded from the calculation of diluted earnings per share because to include them would have been antidilutive.

Other Comprehensive Earnings (L

Other Comprehensive Earnings (Loss)	9 Months Ended
	Oct. 01, 2017
Other Comprehensive Earnings (Loss) [Abstract]
Other Comprehensive Earnings (Loss)	( 3 ) Other Comprehensive Earnings (Loss) Components of other comprehensive earnings (loss) are presented within the consolidated statements of comprehensive earnings. The following table presents the related tax effects on changes in other comprehensive earnings (loss) for the quarter and nine -month periods ended October 1, 2017 and September 25, 2016 . Quarter Ended Nine Months Ended October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Other comprehensive earnings (loss), tax effect: Tax benefit on cash flow hedging activities $ 1,700 1,420 5,936 9,423 Tax benefit (expense) on unrealized holding losses and gains 445 221 315 (547) Reclassifications to earnings, tax effect: Tax (benefit) expense on cash flow hedging activities (1,875) 2,456 (2,884) 5,274 Tax benefit on unrecognized pension and postretirement amounts reclassified to the consolidated statements of operations (822) (666) (2,466) (1,999) Total tax effect on other comprehensive earnings (loss) $ (552) 3,431 901 12,151 Changes in the components of accumulated other comprehensive loss for the nine months ended October 1, 2017 and September 25, 2016 are as follows: Unrealized Holding Total Gains Gains on Foreign Accumulated Pension and (Losses) on Available- Currency Other Postretirement Derivative for-Sale Translation Comprehensive Amounts Instruments Securities Adjustments Loss 2017 Balance at December 25, 2016 $ (118,401) 51,085 1,424 (128,678) (194,570) Current period other comprehensive earnings (loss) 4,345 (85,966) (555) 41,954 (40,222) Balance at October 1, 2017 $ (114,056) (34,881) 869 (86,724) (234,792) 2016 Balance at December 27, 2015 $ (102,931) 79,317 1,258 (123,645) (146,001) Current period other comprehensive earnings (loss) 3,523 (80,956) 963 18,482 (57,988) Balance at September 25, 2016 $ (99,408) (1,639) 2,221 (105,163) (203,989) At October 1, 2017 , the Company had remaining net deferred losses on foreign currency forward c ontracts, net of tax, of $17,547 in accumulated other comprehensive loss ("AOCE"). These instruments hedge payments related to i nventory purchased in the third quarter of 2017 or forecasted to be purcha sed during the remainder of 2017 and, to a lesser extent, 2018 through 2022 , intercompany expenses expected to be paid or received during 2017 and 2018 , and cash receipts for sal es forecasted to be made in the rema inder of 2017 and, to a lesser extent, 2018 through 2019 . These amounts will be reclassified into the consolidated statements of operations upon the sale of the related inventory or recognition of the related sales or expenses. In addition to foreign cur rency forward contracts, the Company entered into hedging contracts on future interest payments related to the long-term notes due 2021 and 2044. At the date of debt issuance, these contracts were terminated and the fair value on the date of settlement wa s deferred in AOCE and is being amortized to interest expense over the life of the related notes using the effective interest rate method. At October 1, 2017 , deferr ed losses, net of tax, of $17,332 related to these instruments remained in AOCE. For the quarte r s ended October 1, 2017 and September 25, 2016 , previously deferred losses of $450 were reclassified from AOCE to net earnings. For the nine - month periods ended October 1, 2017 and September 25, 2016 , previously deferred losses of $1,384 and $1,349 were reclassified from AOCE to net earnings, respectively. Of the amount included in AOCE at October 1, 2017 , the Company expects net losses of approximately $ 18,932 to be reclassified to the consolidated statements of operations within the next 12 months. However, the amount ultimately realized in earnings is dependent on the fair value of the hedging instruments on the settlement dates.

Financial Instruments

Financial Instruments	9 Months Ended
	Oct. 01, 2017
Financial Instruments (Thousands of Dollars) [Abstract]
Financial Instruments	( 4 ) Financial Instruments The Company's financial instruments include cash and cash equivalents, accounts receivable, short-term borrowings, accounts payable and certain accrued liabilities. At October 1, 2017 , September 25, 2016 and December 25, 2016 , the carrying cost of these instruments approximated their fair value. The Company's financial instruments at October 1, 2017 , September 25, 2016 and December 25, 2016 also include certain assets and liabilities mea sured at fair value (see Notes 6 an d 8 ) as well as long-term borrowings. The carrying costs , which are equal to the outstanding principal amounts, and fair values of the Company's long-term borrowings as of October 1, 2017 , September 25, 2016 and December 25, 2016 are as follows: October 1, 2017 September 25, 2016 December 25, 2016 Carrying Fair Carrying Fair Carrying Fair Cost Value Cost Value Cost Value 6.35% Notes Due 2040 $ 500,000 613,750 500,000 611,200 500,000 584,850 3.50% Notes Due 2027 500,000 496,850 - - - - 6.30% Notes Due 2017 - - 350,000 366,205 350,000 361,900 5.10% Notes Due 2044 300,000 324,300 300,000 324,450 300,000 297,600 3.15% Notes Due 2021 300,000 306,840 300,000 310,620 300,000 300,450 6.60% Debentures Due 2028 109,895 132,830 109,895 132,786 109,895 123,984 Total long-term debt $ 1,709,895 1,874,570 1,559,895 1,745,261 1,559,895 1,668,784 Less: Current portion - - 350,000 366,205 350,000 361,900 Less: Deferred debt expenses 16,634 - 11,434 - 11,216 - Long-term debt $ 1,693,261 1,874,570 1,198,461 1,379,056 1,198,679 1,306,884 In September 2017 the Company issued $ 500,000 of Notes due in 2027 that bear interest at a fixed rate of 3.50% (the "3.50% Notes"). Net proceeds from the issuance of the 3.50% Notes, after deduction of $ 6,122 of underwriting discount and debt issuance expenses, totaled $ 493,878 . These costs are being amortized over the life of the 3.50% Notes, or 10 years. The Company may redeem the 3.50% Notes at its option at the greater of the principal amount of the Notes or the present value of the remaining scheduled payments discounted using the effective interest rate on applicable U.S. Treasury bills at the time of repurchase, plus 25 basis points. In addition, three months prior to their maturity date, the Company may redeem at its option the 3.50% Notes, in whole at any time or in part from time to time, at a redemption price equal to 100% of the principal amount of the 3.50% Notes to be redeemed. The proceeds from this debt issuance were used to repay the $ 350 ,000 aggregate principal amount of its 6.30% Notes that matured during the third quarter 2017. The Company use d the remaining net proceeds for general corporate purposes. Current portion of long-term debt at September 25, 2016 and December 25, 2016 of $ 349,61 1 and $ 349,713 , respectively, as shown on the consolidated balance sheet represents the $350,000 principal of 6.30% notes less $ 389 and $ 287 , respectively, of deferred debt expenses. The fair values of the Company's long-term debt are considered Level 3 fair values (see Note 6 for further discussion of the fair value hierarchy) and are measured using the discounted future cash flows method. In addition to the debt terms, the valuation methodology includes an assumption of a discount rate tha t approximates the current yield on a similar debt security. This assumption is considered an unobservable input in that it reflects the Company's own assumptions about the inputs that market participants would use in pricing the asset or liability. The Co mpany believes that this is the best information available for use in the fair value measurement.

Income Taxes

Income Taxes	9 Months Ended
	Oct. 01, 2017
Income Taxes (Thousands of Dollars) [Abstract]
Income Taxes	( 5 ) Income Taxes The Company and its subsidiaries file income tax returns in the United States and various state and international jurisdictions. In the normal course of business, the Company is regularly audited by U.S. federal, state and local and international tax authorities in various tax jurisdictions. The Company is no longer subject to U.S. federal income tax examinations for years before 2012. With few exceptions, the Company is no longer subject to U.S. state or local and non-U.S. income tax examinations by tax authorities in its major jurisdictions for years before 2009. In the third quarter of 2016, the U.S. Internal Revenue Service commenced an examination related to the 2012 and 2013 amended U.S. federal income tax returns. The Company is currently under income tax examination in several U.S. state and l ocal and non-U.S. jurisdictions .

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Oct. 01, 2017
Fair Value of Financial Instruments (Thousands of Dollars) [Abstract]
Fair Value of Financial Instruments	( 6 ) Fair Value of Financial Instruments The Company measures certain financial instruments at fair value. The fair value hierarchy consists of three levels: Level 1 fair values are based on quoted market prices in active markets for identical assets or liabilities that the entity has the ability to access; Level 2 fair values are those based on quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by o bservable data for substantially the full term of the assets or liabilities; and Level 3 fair values are based on inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Accounting standards permit entities to measure many financial instruments and certain other items at fair value and establish presentation and disclosure requirements designed to facilitate comparisons between entities that choose different measurement attributes f or similar assets and liabilities. The Company has elected the fair value option for certain available-for-sale investments. At October 1, 2017 , September 25, 2016 and December 25, 2016 , t hese investments totaled $24,405, $23,490 and $23,571 , respectively, and are included in prepaid expenses and other current assets in the consolidated balance sheets. The Co mpany recorded net gains of $ 446 and $1,461 on these investments in other income, net for the quarter and nine months ended October 1, 2017 , respe ctively, related to the change in fair value of such instruments. For the quarter and nine -month periods ended September 25, 2016 , the Company recorded net gains of $440 and $922, respectively, in other income, net, related to the change in fair value o f such instruments. At October 1, 2017 , September 25, 2016 and December 25, 2016 , the Company had the following assets and liabilities measured at fair value in its consolidated balance sheets (excluding assets for which the fair value is measured using n et asset value per share) : Fair Value Measurements Using: Quoted Prices in Active Markets Significant for Other Significant Identical Observable Unobservable Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) October 1, 2017 Assets: Available-for-sale securities $ 2,866 2,866 - - Derivatives 11,975 - 11,975 - Total assets $ 14,841 2,866 11,975 - Liabilities: Derivatives $ 22,671 - 22,671 - Option agreement 28,510 - - 28,510 Total liabilities $ 51,181 - 22,671 28,510 September 25, 2016 Assets: Available-for-sale securities $ 4,986 4,986 - - Derivatives 39,115 - 39,115 - Total assets $ 44,101 4,986 39,115 - Liabilities: Derivatives $ 19,390 - 19,390 - Option agreement 27,460 - - 27,460 Total liabilities $ 46,850 - 19,390 27,460 December 25, 2016 Assets: Available-for-sale securities $ 3,736 3,736 - - Derivatives 87,894 - 87,894 - Total assets $ 91,630 3,736 87,894 - Liabilities: Derivatives $ 11,309 - 11,309 - Option agreement 28,770 - - 28,770 Total Liabilities $ 40,079 - 11,309 28,770 Available-for-sale securities include equity securities of one company quoted on an active public market . The Company's derivatives consist of foreign currency forward contracts. The Company used current forward rates of the respective foreign currencies to measure the fair value of these contracts. The Company’s option agreement relates to an equity method investment in Discovery Family Channel (“Discovery”). The option agreement is included in other liabilities at October 1, 2017 , September 25, 2016 and December 25, 2016 , is valued using an option pricing model based on the fair value of the related investment. Inputs used in the option pricing model include the volatility and fair value of the underlying company which are considered unobservable inputs a s they reflect the Company's own assumptions about the inputs that market participants would use in pricing the asset or liability. The Company believes that this is the best information available for use in the fair value measurement. There were no change s in these valua tion techniques during the nine -month period ended October 1, 2017 . The following is a reconciliation of the beginning and ending balances of the fair value measurements of the Company's financial instruments which use significant uno bservable inputs (Level 3): 2017 2016 Balance at beginning of year $ (28,770) (28,360) Gain from change in fair value 260 900 Balance at end of third quarter $ (28,510) (27,460) In addition to the above, the Company has three investments for which the fair value is measured using net asset value per share. At October 1, 2017 , September 25, 2016 and December 25, 2016 , these investments had fair values of $ 24,405 , $23,490 and $ 23,571, respectively. Two of the investments have net asset values that are predominantly based on underlying investments which are traded on an active market and are redeemable within 45 days. The third investment invests in hedge funds which are generally redeemable on a quarterly basis with 30 – 90 days’ notice.

Pension and Postretirement Bene

Pension and Postretirement Benefits	9 Months Ended
	Oct. 01, 2017
Pension and Postretirement Benefits (Thousands of Dollars) [Abstract]
Pension and Postretirement Benefits	( 7 ) Pension and Postretirement Benefits The components of the net periodic cost of the Company's defined benefit pension and other postretireme nt plans for the quarter and nine -month periods ended October 1, 2017 and September 25, 2016 are as follows: Quarter Ended Pension Postretirement October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Service cost $ 925 1,002 172 132 Interest cost 4,443 4,611 295 294 Expected return on assets (5,896) (5,512) - - Net amortization and deferrals 2,525 2,134 - - Net periodic benefit cost $ 1,997 2,235 467 426 Nine Months Ended Pension Postretirement October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Service cost $ 2,798 2,995 517 397 Interest cost 13,598 13,821 885 881 Expected return on assets (18,057) (16,523) - - Net amortization and deferrals 7,738 6,398 - - Net periodic benefit cost $ 6,077 6,691 1,402 1,278 During the nine months ended October 1, 2017 , the Company made cash contributions of $26,600 to its defined benefit pe nsion plans . During fiscal 2017, t he Company expects to make cash contribut ions to its defined benefit pension plans of approximately $2 9,00 0 in the aggregate .

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Oct. 01, 2017
Derivative Financial Instruments (Thousands of Dollars) [Abstract]
Derivative Financial Instruments	( 8 ) Derivative Financial Instruments Hasbro uses foreign currency forward contracts to mitigate the impact of currency rate fluctuations on firmly committed and projected future foreign currency transactions. These over-the-counter contracts, which hedge future currency requirements related to purchases of inventory, product sales and other cross-border transactions not denominated in the functional currency of the business unit, are primarily denominated in United States and Hong Kong dollars, and E uros. All contracts are entered into with a number of counterparties, all of which are major financial institutions. The Company believes that a default by a single counterparty would not have a material adverse effect on the financial condition of the Com pany. Hasbro does not enter into derivative financial instruments for speculative purposes. Cash Flow Hedges The Company uses foreign currency forward contracts to reduce the impact of currency rate fluctuations on firmly committed and projected future foreign currency transactions. All of the Company's designated foreign currency forward contracts are considered to be cash flow hedges. These instruments hedge a portion of the Company's currency requirements associated with anticipated inventory purchases, product sales and other cross-border transactions in 2017 through 2022 . At October 1, 2017 , September 25, 2016 and December 25, 2016 , the notional amounts and fair values of the Company's foreign currency forward contracts designated as cash flow hedging instruments were as follows: October 1, 2017 September 25, 2016 December 25, 2016 Notional Fair Notional Fair Notional Fair Hedged transaction Amount Value Amount Value Amount Value Inventory purchases $ 894,529 (16,597) 1,045,400 23,662 945,728 60,520 Sales 579,421 17,215 318,283 (559) 290,181 9,775 Royalties and Other 266,670 (12,567) 233,367 (4,111) 198,849 1,633 Total $ 1,740,620 (11,949) 1,597,050 18,992 1,434,758 71,928 The Company has a master agreement with each of its counterparties that allows for the netting of outstanding forward contracts. The fair values of the Company's foreign currency forward contracts designated as cash flow hedges are recorded in the consolidated balance sheets at October 1, 2017 , September 25, 2016 and December 25, 2016 as follows: October 1, September 25, December 25, 2017 2016 2016 Prepaid expenses and other current assets Unrealized gains $ 10,207 34,179 34,265 Unrealized losses (7,977) (9,247) (2,075) Net unrealized gains $ 2,230 24,932 32,190 Other assets Unrealized gains $ 11,631 20,974 51,839 Unrealized losses (3,139) (7,524) (792) Net unrealized gains $ 8,492 13,450 51,047 Accrued liabilities Unrealized gains $ 5,354 4,352 8,481 Unrealized losses (20,999) (19,420) (19,790) Net unrealized losses $ (15,645) (15,068) (11,309) Other liabilities Unrealized gains $ 8,325 992 - Unrealized losses (15,351) (5,314) - Net unrealized losses $ (7,026) (4,322) - Net gains (losses) on cash flow hedging activities have been reclassified from other comprehensive earnings (loss) to net earnings for the quarter and nine -month periods ended October 1, 2017 and September 25, 2016 as follows: Quarter Ended Nine Months Ended October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Statements of Operations Classification Cost of sales $ (5,971) 13,863 6,614 40,999 Net Revenues 2,316 7,125 3,332 7,541 Other (2,311) (1,505) (2,716) (2,236) Net realized (losses) gains $ (5,966) 19,483 7,230 46,304 In addition , losses of $ 9 and $6 ,495 were reclassified to earnings as a result of hedge ineffectiveness for the quarter and nine -month periods ended October 1, 2017 , respectively. Net (losses) gains of $ (5 49) and $ 4,271 were reclassified to earnings as a result of hedge ineffectiveness for the quarter and nine -month periods ended September 25, 2016 , respectively . Undesignated Hedges The Company also enters into foreign currency forward contracts to minimize the impact of changes in the fair value of intercompany loans due to foreign currency changes . T he Company does not use hedge accounting for these contracts as changes in the fair values of these contracts are substantially offset by changes in the fair value of the intercompany loans . As of October 1, 2017 , September 25, 2016 and December 25, 2016 the total notional amounts of the Company's undesignated der i vative instruments were $ 339,227 , $ 264,029 and $268,308 , respectively. At October 1, 2017 , September 25, 2016 and December 25, 2016 , the fair values of the Company's undesignated derivative financial instruments were recorded in the consolidated balance sheets as follows: October 1, September 25, December 25, 2017 2016 2016 Prepaid expenses and other current assets Unrealized gains $ 2,606 812 5,854 Unrealized losses (1,353) (79) (1,197) Net unrealized gain $ 1,253 733 4,657 Total unrealized gain, net $ 1,253 733 4,657 The Comp any recorded net losses of $2, 976 and $ 2,25 1 on these instruments to other income , net f or the quarter and nine -month periods ended October 1, 2017 , respectively, and net gains of $ 6,533 and $ 1 4, 867 on these instruments to other income , net for the quarter and nine -month periods ended September 25, 2016 , respectively, relating to the change in fair value of such derivatives, substantially offsetting gains and losses from the change in fair val ue of intercompany loans to which the contracts relate. For additional information related to the Company's derivative f inancial instruments see Notes 4 and 6 .

Segment Reporting

Segment Reporting	9 Months Ended
	Oct. 01, 2017
Segment Reporting (Thousands of Dollars) [Abstract]
Segment Reporting	( 9 ) Segment Reporting Hasbro is a global play and entertainment company with a broad portfolio of brands and entertainment properties spanning toys, games, licensed products ranging from traditional to high-tech and digital, and film and television entertainment. The Company's segments are (i) U.S. and Canada, (ii) International, (iii) Entertainment and Licensing, and (iv) Global Operations. The U.S. and Canada segment includes the marketing and selling of action figures, arts and crafts and creative play products, electronic toys and related electronic interactive products, fashion and other dolls, infant products, play sets, preschool toys, plush products, sports action blasters and accessories, vehicles and toy-related specialty products, as w ell as traditional board games , and trading card and role-playing games primarily within the United States and Canada. Within the International segment, the Company markets and sells both toy and game products in markets outside of the U.S. and Canada, primarily in the Europe an, Asia Pacific, and Latin and South American regions. The Company's Entertainment and Licensing segment includes the Company's consumer products licensing, digital licensing and gaming, and movie and television entertainment operations. The Global Operations segment is re sponsible for sourcing finished products for the Company's U.S. and Canada and International segments. Segment performance is measured at the operating profit level. Included in Corporate and Eliminations are certain corporate expenses, including the elim ination of intersegment transactions and certain assets benefiting more than one segment. Intersegment sales and transfers are reflected in management reports at amounts approximating cost. Certain shared costs, including global development and marketing e xpenses and corporate administration, are allocated to segments based upon expenses and foreign exchange rates fixed at the beginning of the year, with adjustments to actual expenses and foreign exchange rates included in Corporate and Eliminations. The ac counting policies of the segments are the sa me as those referenced in note 1 . Results shown for the quarter and nine months are not necessarily representative of those which may be expected for the full year 2017 , nor were those of the com parable 2016 period representative of those actually experienced for the full year 2016 . Similarly, such results are not necessarily those which would be achieved were each segment an unaffiliated business enterprise. Information by segment and a re conciliation to reported amounts for the quarter and nine -month periods ended October 1, 2017 and September 25, 2016 are as follows. Quarter Ended October 1, 2017 September 25, 2016 Net revenues External Affiliate External Affiliate U.S. and Canada $ 993,833 2,201 932,844 2,392 International 739,229 198 690,745 417 Entertainment and Licensing 58,440 7,714 56,130 7,806 Global Operations (a) - 665,746 38 629,090 Corporate and Eliminations - (675,859) - (639,705) $ 1,791,502 - 1,679,757 - Nine Months Ended October 1, 2017 September 25, 2016 Net revenues External Affiliate External Affiliate U.S. and Canada $ 1,939,837 7,047 1,802,391 5,388 International 1,511,074 213 1,436,911 678 Entertainment and Licensing 162,663 14,727 150,521 16,607 Global Operations (a) 97 1,329,516 59 1,298,337 Corporate and Eliminations - (1,351,503) - (1,321,010) $ 3,613,671 - 3,389,882 - Quarter Ended Nine Months Ended October 1, September 25, October 1, September 25, Operating profit (loss) 2017 2016 2017 2016 U.S. and Canada $ 217,278 228,034 363,589 364,322 International 132,007 133,075 149,435 165,582 Entertainment and Licensing 16,910 14,095 39,580 33,367 Global Operations (a) 11,497 24,852 4,723 25,428 Corporate and Eliminations (b) (16,748) (37,955) (18,056) (55,808) $ 360,944 362,101 539,271 532,891 October 1, September 25, December 25, Total assets 2017 2016 2016 U.S. and Canada $ 3,423,213 2,316,624 2,559,792 International 2,524,821 2,261,742 2,368,761 Entertainment and Licensing 884,014 632,933 692,898 Global Operations 3,080,573 2,038,736 2,326,566 Corporate and Eliminations (b) (4,367,973) (2,294,888) (2,856,651) $ 5,544,648 4,955,147 5,091,366 (a) The Global Operations segment derives substantially all of its revenues, and thus its operating results, from intersegment activities. (b) Certain long-term assets, including property, plant and equipment, goodwill and other intangibles, which benefit multiple operating segments, are included in Corporate and Eliminations. Allocations of certain expenses related to these assets to the individual operating segments are done at the beginning of the year based on budgeted amounts. Any differences b etween actual and budgeted amounts are reflected in Corporate and Eliminations because allocations are translated from the U . S . Dollar to local currenc y at budget rates when recorded. Corporate and Eliminations also includes the elimination of inter-company balance sheet amounts. The following table represents consolidated International segment net revenues by major geographic region for the quarter s and nine -month periods ended October 1, 2017 and September 25, 2016 . Quarter Ended Nine Months Ended October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Europe $ 467,740 452,834 921,467 905,081 Latin America 174,446 154,985 339,071 307,949 Asia Pacific 97,043 82,926 250,536 223,881 Net revenues $ 739,229 690,745 1,511,074 1,436,911 The following table presents consolidated net revenues by brand portfolio for the quarter s and nine -month periods ended October 1, 2017 and September 25, 2016 . Quarter Ended Nine Months Ended October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Franchise brands $ 827,282 773,415 1,803,744 1,642,057 Partner brands 485,747 493,738 928,724 979,051 Hasbro gaming 280,097 229,850 549,736 456,516 Emerging brands 198,376 182,754 331,467 312,258 Net revenues $ 1,791,502 1,679,757 3,613,671 3,389,882 Hasbro's total gaming category, including the Hasbro Gaming portfolio as reported above and all other gaming revenue, most notably MAGIC: THE GATHERING and MONOPOLY, which are included in the Franchise Brands portfolio, totaled $ 424,836 and $ 951,386 for the quarter and nine months ended October 1, 2017, respectively. For the quarter and nine months ended September 25, 2016 , revenues were $ 409,528 and $ 868,373 , respectively. Hasbro believes its gaming portfolio is a competitive differentiator and vie ws it in its entirety.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Oct. 01, 2017
Basis of Presentation [Abstract]
Basis of Presentation	In the opinion of management, the accompanying unaudited interim consolidated financial statements contain all normal and recurring adjustments necessary to present fairly the consolidated financial position of Hasbro, Inc. and all majority-owned subsidiaries ("Hasbro" or the "Company") as of October 1, 2017 and September 25, 2016 , and the results of its operations and cash flows for the periods then ended in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and notes thereto. Actual results could differ from those estimates. The quarters ended October 1, 2017 and September 25, 2016 were each 13-week periods . The nine -month period ended October 1, 2017 was a 40-week period while the nine-month period ended September 25, 2016 was a 39-week period . The results of operations for the quarter and nine -month periods ended October 1, 2017 are not necessarily indicative of results to be expected for the full year, nor were those of the comparable 2016 periods representative of those actual ly experienced for the full year 2016 . Certain reclassifications have been made to prior year amounts to conform to the current period presentation . These condensed consolidated financial statements have been prepared without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and disclosures normally included in the consolidated financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. The Company filed audited consolidated financial statements for the fiscal year ended December 25, 2016 in its Annual Report on Form 10-K (“2016 Form 10-K”), which includes all such information and disclosures and, accordingly, should be read in conjunction with the financial information included herein. Recently Adopted Accounting Standards The Company's accounting policies ar e the same as those described in Note 1 to the Company's consolidated financial statements in its 2016 Form 10-K with the exception of the accounting policy related to stock compensation. During the first quarter of 2017, the Company adopted Accounting St andards Update (“ ASU ”) 2016-09, Improvements to Employee Share-Based Payment Accounting. The ASU includes provisions intended to simp lify how share-based payments are accounted for and presented in th e financial statements including: Prospectively, the requirement to record all of the tax effects related to share-based payments at settlement through the income statement . For the quarter and nine months ended October 1, 2017, excess tax benefits of $ 5,014 and $ 20,478 , respectively, were recorded to incom e tax expense . A requirement that all tax-related cash flows resulting from share-based payments be reported as operating activities , included with other income tax cash flows on the statement of cash flows. Previously, these amounts were reported as a cash inflow from financing activities. The Company elected to apply this requirement of the standard retrospectively. Accordingly, the cash flow statement for the nine months ended September 25, 2016 has been restated to include $ 19,712 of cash flows fro m excess tax benefits, previously included as financing activities, in operating activities with in the increase in accounts payable and other accrued liabilities . For the nine months ended October 1, 2017 excess tax benefits of $ 20,478 were reported as op erating activities. A requirement that all cash payments made to taxing authorities on the employees’ behalf for withheld shares shall be presented as financing activities in the statements of cash flows. Prior to adoption of ASU 2016-09, these cash flows were included as operating activities. This change was required to be applied on a retrospective basis and as a result, the Company has restated the consolidated statement of cash flows for the nine months ended September 25, 2016. This change resulted in payments of $ 21,914 for the nine months ended September 25, 2016 being included in financing activities. For the nine months ended October 1, 2017, such payments amounted to $ 31,973 . Entities are permitted to make an accounting policy election for the im pact of forfeitures on the recognition of expense for share-based payment awards choosing either to estimate forfeitures as previously required or recognize forfeitures as they occur. The Company elected to change its method of accounting for forfeitures f rom estimating the number of stock-based awards expected to vest, to accounting for forfeitures as they occur which resulted in a one-time charge, net of tax, of $ 700 to retained earnings recorded during the first quarter of 2017. Based upon the Company’s history of forfeitures, it is not expected that this election will have a material impact on its financial statements going forward however, as any impact will be based on future forfeitures, the actual impact could differ from the Company’s expectation. Recent Transactions Through 2016, the Company had one investment with a redeemable noncontrolling interest which was the Company’s 70 % majority interest in Backflip Studios, LLC (“Backflip”). During the first quarter of 2017, the Company acquired the remaining 30 % of Backflip for no additional consideration, making it a wholly-owned subsidiary of the Company.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Oct. 01, 2017
Earnings Per Share (Thousands of Dollars and Shares Except Per Share Data) [Abstract]
Earnings Per Share	2017 2016 Quarter Basic Diluted Basic Diluted Net earnings attributable to Hasbro, Inc. $ 265,583 265,583 257,798 257,798 Average shares outstanding 125,170 125,170 125,500 125,500 Effect of dilutive securities: Options and other share-based awards - 1,980 - 1,678 Equivalent Shares 125,170 127,150 125,500 127,178 Net earnings attributable to Hasbro, Inc. per common share $ 2.12 2.09 2.05 2.03 2017 2016 Nine Months Basic Diluted Basic Diluted Net earnings attributable to Hasbro, Inc. $ 401,905 401,905 358,655 358,655 Average shares outstanding 125,204 125,204 125,414 125,414 Effect of dilutive securities: Options and other share-based awards - 2,044 - 1,642 Equivalent Shares 125,204 127,248 125,414 127,056 Net earnings attributable to Hasbro, Inc. per common share $ 3.21 3.16 2.86 2.82

Other Comprehensive Earnings 18

Other Comprehensive Earnings (Loss) (Tables)	9 Months Ended
	Oct. 01, 2017
Other Comprehensive Earnings (Loss) [Abstract]
Schedule of Other Comprehensive Income, Tax Effect [Text Block]	Quarter Ended Nine Months Ended October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Other comprehensive earnings (loss), tax effect: Tax benefit on cash flow hedging activities $ 1,700 1,420 5,936 9,423 Tax benefit (expense) on unrealized holding losses and gains 445 221 315 (547) Reclassifications to earnings, tax effect: Tax (benefit) expense on cash flow hedging activities (1,875) 2,456 (2,884) 5,274 Tax benefit on unrecognized pension and postretirement amounts reclassified to the consolidated statements of operations (822) (666) (2,466) (1,999) Total tax effect on other comprehensive earnings (loss) $ (552) 3,431 901 12,151
Schedule of Accumulated Other Comprehensive Earnings (Loss)	Unrealized Holding Total Gains Gains on Foreign Accumulated Pension and (Losses) on Available- Currency Other Postretirement Derivative for-Sale Translation Comprehensive Amounts Instruments Securities Adjustments Loss 2017 Balance at December 25, 2016 $ (118,401) 51,085 1,424 (128,678) (194,570) Current period other comprehensive earnings (loss) 4,345 (85,966) (555) 41,954 (40,222) Balance at October 1, 2017 $ (114,056) (34,881) 869 (86,724) (234,792) 2016 Balance at December 27, 2015 $ (102,931) 79,317 1,258 (123,645) (146,001) Current period other comprehensive earnings (loss) 3,523 (80,956) 963 18,482 (57,988) Balance at September 25, 2016 $ (99,408) (1,639) 2,221 (105,163) (203,989)

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Oct. 01, 2017
Financial Instruments (Thousands of Dollars) [Abstract]
Schedule of Long-term Debt Instruments	October 1, 2017 September 25, 2016 December 25, 2016 Carrying Fair Carrying Fair Carrying Fair Cost Value Cost Value Cost Value 6.35% Notes Due 2040 $ 500,000 613,750 500,000 611,200 500,000 584,850 3.50% Notes Due 2027 500,000 496,850 - - - - 6.30% Notes Due 2017 - - 350,000 366,205 350,000 361,900 5.10% Notes Due 2044 300,000 324,300 300,000 324,450 300,000 297,600 3.15% Notes Due 2021 300,000 306,840 300,000 310,620 300,000 300,450 6.60% Debentures Due 2028 109,895 132,830 109,895 132,786 109,895 123,984 Total long-term debt $ 1,709,895 1,874,570 1,559,895 1,745,261 1,559,895 1,668,784 Less: Current portion - - 350,000 366,205 350,000 361,900 Less: Deferred debt expenses 16,634 - 11,434 - 11,216 - Long-term debt $ 1,693,261 1,874,570 1,198,461 1,379,056 1,198,679 1,306,884

Fair Value of Financial Instr20

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Oct. 01, 2017
Fair Value of Financial Instruments (Thousands of Dollars) [Abstract]
Fair Value Hierarchy	Fair Value Measurements Using: Quoted Prices in Active Markets Significant for Other Significant Identical Observable Unobservable Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) October 1, 2017 Assets: Available-for-sale securities $ 2,866 2,866 - - Derivatives 11,975 - 11,975 - Total assets $ 14,841 2,866 11,975 - Liabilities: Derivatives $ 22,671 - 22,671 - Option agreement 28,510 - - 28,510 Total liabilities $ 51,181 - 22,671 28,510 September 25, 2016 Assets: Available-for-sale securities $ 4,986 4,986 - - Derivatives 39,115 - 39,115 - Total assets $ 44,101 4,986 39,115 - Liabilities: Derivatives $ 19,390 - 19,390 - Option agreement 27,460 - - 27,460 Total liabilities $ 46,850 - 19,390 27,460 December 25, 2016 Assets: Available-for-sale securities $ 3,736 3,736 - - Derivatives 87,894 - 87,894 - Total assets $ 91,630 3,736 87,894 - Liabilities: Derivatives $ 11,309 - 11,309 - Option agreement 28,770 - - 28,770 Total Liabilities $ 40,079 - 11,309 28,770
Reconciliation of Level 3 Fair Value	2017 2016 Balance at beginning of year $ (28,770) (28,360) Gain from change in fair value 260 900 Balance at end of third quarter $ (28,510) (27,460)

Pension and Postretirement Be21

Pension and Postretirement Benefits (Tables)	9 Months Ended
	Oct. 01, 2017
Pension and Postretirement Benefits (Thousands of Dollars) [Abstract]
Components of net periodic cost	Quarter Ended Pension Postretirement October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Service cost $ 925 1,002 172 132 Interest cost 4,443 4,611 295 294 Expected return on assets (5,896) (5,512) - - Net amortization and deferrals 2,525 2,134 - - Net periodic benefit cost $ 1,997 2,235 467 426 Nine Months Ended Pension Postretirement October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Service cost $ 2,798 2,995 517 397 Interest cost 13,598 13,821 885 881 Expected return on assets (18,057) (16,523) - - Net amortization and deferrals 7,738 6,398 - - Net periodic benefit cost $ 6,077 6,691 1,402 1,278

Derivative Financial Instrume22

Derivative Financial Instruments (Tables)	9 Months Ended
	Oct. 01, 2017
Derivative Financial Instruments (Thousands of Dollars) [Abstract]
Summary of Cash Flow Hedging Instruments	October 1, 2017 September 25, 2016 December 25, 2016 Notional Fair Notional Fair Notional Fair Hedged transaction Amount Value Amount Value Amount Value Inventory purchases $ 894,529 (16,597) 1,045,400 23,662 945,728 60,520 Sales 579,421 17,215 318,283 (559) 290,181 9,775 Royalties and Other 266,670 (12,567) 233,367 (4,111) 198,849 1,633 Total $ 1,740,620 (11,949) 1,597,050 18,992 1,434,758 71,928
Derivatives Fair Value by Balance Sheet Location	October 1, September 25, December 25, 2017 2016 2016 Prepaid expenses and other current assets Unrealized gains $ 10,207 34,179 34,265 Unrealized losses (7,977) (9,247) (2,075) Net unrealized gains $ 2,230 24,932 32,190 Other assets Unrealized gains $ 11,631 20,974 51,839 Unrealized losses (3,139) (7,524) (792) Net unrealized gains $ 8,492 13,450 51,047 Accrued liabilities Unrealized gains $ 5,354 4,352 8,481 Unrealized losses (20,999) (19,420) (19,790) Net unrealized losses $ (15,645) (15,068) (11,309) Other liabilities Unrealized gains $ 8,325 992 - Unrealized losses (15,351) (5,314) - Net unrealized losses $ (7,026) (4,322) -
Schedule of Derivative Instruments, Gain (Loss) in Statement of Operations	Quarter Ended Nine Months Ended October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Statements of Operations Classification Cost of sales $ (5,971) 13,863 6,614 40,999 Net Revenues 2,316 7,125 3,332 7,541 Other (2,311) (1,505) (2,716) (2,236) Net realized (losses) gains $ (5,966) 19,483 7,230 46,304
Fair values of undesignated derivative financial instruments	October 1, September 25, December 25, 2017 2016 2016 Prepaid expenses and other current assets Unrealized gains $ 2,606 812 5,854 Unrealized losses (1,353) (79) (1,197) Net unrealized gain $ 1,253 733 4,657 Total unrealized gain, net $ 1,253 733 4,657

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Oct. 01, 2017
Segment Reporting (Thousands of Dollars) [Abstract]
Net revenues by segment	Quarter Ended October 1, 2017 September 25, 2016 Net revenues External Affiliate External Affiliate U.S. and Canada $ 993,833 2,201 932,844 2,392 International 739,229 198 690,745 417 Entertainment and Licensing 58,440 7,714 56,130 7,806 Global Operations (a) - 665,746 38 629,090 Corporate and Eliminations - (675,859) - (639,705) $ 1,791,502 - 1,679,757 - Nine Months Ended October 1, 2017 September 25, 2016 Net revenues External Affiliate External Affiliate U.S. and Canada $ 1,939,837 7,047 1,802,391 5,388 International 1,511,074 213 1,436,911 678 Entertainment and Licensing 162,663 14,727 150,521 16,607 Global Operations (a) 97 1,329,516 59 1,298,337 Corporate and Eliminations - (1,351,503) - (1,321,010) $ 3,613,671 - 3,389,882 -
Operating profit (loss) by segments	Quarter Ended Nine Months Ended October 1, September 25, October 1, September 25, Operating profit (loss) 2017 2016 2017 2016 U.S. and Canada $ 217,278 228,034 363,589 364,322 International 132,007 133,075 149,435 165,582 Entertainment and Licensing 16,910 14,095 39,580 33,367 Global Operations (a) 11,497 24,852 4,723 25,428 Corporate and Eliminations (b) (16,748) (37,955) (18,056) (55,808) $ 360,944 362,101 539,271 532,891
Total assets by segments	October 1, September 25, December 25, Total assets 2017 2016 2016 U.S. and Canada $ 3,423,213 2,316,624 2,559,792 International 2,524,821 2,261,742 2,368,761 Entertainment and Licensing 884,014 632,933 692,898 Global Operations 3,080,573 2,038,736 2,326,566 Corporate and Eliminations (b) (4,367,973) (2,294,888) (2,856,651) $ 5,544,648 4,955,147 5,091,366
Schedule of net revenues by international region	Quarter Ended Nine Months Ended October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Europe $ 467,740 452,834 921,467 905,081 Latin America 174,446 154,985 339,071 307,949 Asia Pacific 97,043 82,926 250,536 223,881 Net revenues $ 739,229 690,745 1,511,074 1,436,911
Net revenues by product category	Quarter Ended Nine Months Ended October 1, September 25, October 1, September 25, 2017 2016 2017 2016 Franchise brands $ 827,282 773,415 1,803,744 1,642,057 Partner brands 485,747 493,738 928,724 979,051 Hasbro gaming 280,097 229,850 549,736 456,516 Emerging brands 198,376 182,754 331,467 312,258 Net revenues $ 1,791,502 1,679,757 3,613,671 3,389,882

Basis of Presentation (Details)

Basis of Presentation (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Oct. 01, 2017	Oct. 01, 2017	Sep. 25, 2016	Apr. 02, 2017	Dec. 25, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Payments Related To Tax Withholding For Share Based Compensation		$ 31,973	$ 21,914
Backflip Studios, LLC [Member]
Redeemable Noncontrolling Interest [Line Items]
MinorityInterestOwnershipPercentageByParent					70.00%
Noncontrolling Interest, Remaining Ownership Percentage Acquired by Parent		30.00%
Accounting Standards Update 2016-09 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Excess Tax Benefit from Share-based Compensation, Operating Activities		$ 20,478	19,712
Payments Related To Tax Withholding For Share Based Compensation		31,973	$ 21,914
Excess Tax Benefit From Share-based Compensation Recorded To Income Tax Expense	$ 5,014	$ 20,478
New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets				$ 700

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016
Earnings Per Share (Thousands of Dollars and Shares Except Per Share Data) [Abstract]
Net Earnings Attributable to Hasbro, Inc.	$ 265,583	$ 257,798	$ 401,905	$ 358,655
Basic [Abstract]
Average shares outstanding (in shares)	125,170	125,500	125,204	125,414
Equivalent shares (basic) (in shares)	125,170	125,500	125,204	125,414
Net earnings attributable to Hasbro, Inc. per common share-basic (in dollars per share)	$ 2.12	$ 2.05	$ 3.21	$ 2.86
Diluted [Abstract]
Average shares outstanding (in shares)	125,170	125,500	125,204	125,414
Effect of dilutive securities:
Options and other share-based awards (in shares)	1,980	1,678	2,044	1,642
Equivalent shares (diluted) (in shares)	127,150	127,178	127,248	127,056
Net earnings attributable to Hasbro, Inc. per common share-diluted (in dollars per share)	$ 2.09	$ 2.03	$ 3.16	$ 2.82
Employee Stock Option and Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options to acquire shares totaling excluded as antidilutive	450	492	514	492

Other Comprehensive Earnings 26

Other Comprehensive Earnings (Loss), Tax Effects on Changes in Other Comprehensive Earnings (loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016
Other Comprehensive Earnings (Loss) [Abstract]
Tax benefit on cash flow hedging activities	$ 1,700	$ 1,420	$ 5,936	$ 9,423
Tax benefit (expense) on unrealized holding losses and gains	445	221	315	(547)
Reclassification Adjustment from AOCE, Tax (benefit) expense on cash flow hedging activities	(1,875)	2,456	(2,884)	5,274
Reclassification Adjustment from AOCE, Tax benefit on amortization of unrecognized pension and postretirement amounts	(822)	(666)	(2,466)	(1,999)
Other Comprehensive (Loss) Income, Tax, Portion Attributable to Parent, Total	(552)	$ 3,431	$ 901	$ 12,151
Cash Flow Hedge gains to be Reclassified within Twelve Months	$ 18,932

Other Comprehensive Earnings 27

Other Comprehensive Earnings (Loss), Changes in the components of accumulated other comprehensive loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), Beginning of Year			$ (194,570)	$ (146,001)
Other Comprehensive Earnings (Loss), Net of Tax, Total	$ (8,179)	$ (29,688)	(40,222)	(57,988)
Total accumulated other comprehensive earnings (loss), End of Period	(234,792)	(203,989)	(234,792)	(203,989)
Pension and Postretirement Amounts [Member]
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), Beginning of Year			(118,401)	(102,931)
Other Comprehensive Earnings (Loss), Net of Tax, Total			4,345	3,523
Total accumulated other comprehensive earnings (loss), End of Period	(114,056)	(99,408)	(114,056)	(99,408)
Gains (Losses) On Derivative Instruments [Member]
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), Beginning of Year			51,085	79,317
Other Comprehensive Earnings (Loss), Net of Tax, Total			(85,966)	(80,956)
Total accumulated other comprehensive earnings (loss), End of Period	(34,881)	(1,639)	(34,881)	(1,639)
Gains (Losses) On Derivative Instruments [Member] | Interest Rate Contract [Member]
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), End of Period	(17,332)		(17,332)
Gains (Losses) On Derivative Instruments [Member] | Foreign Exchange Forward [Member]
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), End of Period	17,547		17,547
Unrealized Holding Gains on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), Beginning of Year			1,424	1,258
Other Comprehensive Earnings (Loss), Net of Tax, Total			(555)	963
Total accumulated other comprehensive earnings (loss), End of Period	869	2,221	869	2,221
Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), Beginning of Year			(128,678)	(123,645)
Other Comprehensive Earnings (Loss), Net of Tax, Total			41,954	18,482
Total accumulated other comprehensive earnings (loss), End of Period	$ (86,724)	$ (105,163)	$ (86,724)	$ (105,163)

Other Comprehensive Earnings 28

Other Comprehensive Earnings (Loss), Reclassification From Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest Expense	$ 25,072	$ 24,305	$ 73,752	$ 72,263
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains (Losses) On Derivative Instruments [Member] | Interest Rate Contract [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest Expense	$ 450	$ 450	$ 1,384	$ 1,349

Financial Instruments (Details)

Financial Instruments (Details) - USD ($) $ in Thousands	9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Dec. 25, 2016
Debt Instrument [Line Items]
Carrying Cost	$ 1,709,895	$ 1,559,895	$ 1,559,895
Current portion of long-term debt	0	350,000	350,000
Less: Deferred debt expenses	16,634	11,434	11,216
Long-term debt	1,693,261	1,198,461	1,198,679
Fair Value	1,874,570	1,745,261	1,668,784
Long-Term Debt Fair Value, Current Maturities	0	366,205	361,900
Long-term Debt Fair Value, Excluding Current Maturities	1,874,570	1,379,056	1,306,884
Current portion of long-term debt	0	349,611	349,713
Proceeds from Issuance of Long-term Debt	493,878	0
Repayments of Long-term Debt	350,000	0
Notes 6.35% Due 2040 [Member]
Debt Instrument [Line Items]
Carrying Cost	500,000	500,000	500,000
Fair Value	$ 613,750	611,200	584,850
Maturity Date	Mar. 15, 2040
Interest Rate	6.35%
Notes 6.30% Due 2017 [Member]
Debt Instrument [Line Items]
Carrying Cost	$ 0	350,000	350,000
Fair Value	$ 0	366,205	361,900
Maturity Date	Sep. 15, 2017
Interest Rate	6.30%
Current portion of long-term debt		349,611	349,713
Deferred debt expenses, current portion		389	287
Notes 5.10% Due 2044 [Member]
Debt Instrument [Line Items]
Carrying Cost	$ 300,000	300,000	300,000
Fair Value	$ 324,300	324,450	297,600
Maturity Date	May 16, 2044
Interest Rate	5.10%
Notes 3.50% Due 2027 [Member]
Debt Instrument [Line Items]
Carrying Cost	$ 500,000	0	0
Fair Value	$ 496,850	0	0
Maturity Date	Sep. 15, 2027
Interest Rate	3.50%
Deferred Finance Costs Gross	$ 6,122
Notes 3.15% Due 2021 [Member]
Debt Instrument [Line Items]
Carrying Cost	300,000	300,000	300,000
Fair Value	$ 306,840	310,620	300,450
Maturity Date	May 17, 2021
Interest Rate	3.15%
Debentures 6.60% Due 2028 [Member]
Debt Instrument [Line Items]
Carrying Cost	$ 109,895	109,895	109,895
Fair Value	$ 132,830	$ 132,786	$ 123,984
Maturity Date	Jan. 18, 2028
Interest Rate	6.60%

Fair Value of Financial Instr30

Fair Value of Financial Instruments, Assests and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	9 Months Ended
	Oct. 01, 2017	Dec. 25, 2016	Sep. 25, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, assets	$ 2,866	$ 3,736	$ 4,986
Derivatives, assets	11,975	87,894	39,115
Total assets, fair value hierarchy	14,841	91,630	44,101
Derivatives, liabilities	22,671	11,309	19,390
Option Agreement	28,510	28,770	27,460
Total Liabilities	$ 51,181	40,079	46,850
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Investment Redemption, Notice Period	45 days
Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Investment Redemption, Notice Period	30 days
Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Investment Redemption, Notice Period	90 days
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, assets	$ 2,866	3,736	4,986
Derivatives, assets	0	0	0
Total assets, fair value hierarchy	2,866	3,736	4,986
Derivatives, liabilities	0	0	0
Option Agreement	0	0	0
Total Liabilities	0	0	0
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, assets	0	0	0
Derivatives, assets	11,975	87,894	39,115
Total assets, fair value hierarchy	11,975	87,894	39,115
Derivatives, liabilities	22,671	11,309	19,390
Option Agreement	0	0	0
Total Liabilities	22,671	11,309	19,390
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, assets	0	0	0
Derivatives, assets	0	0	0
Total assets, fair value hierarchy	0	0	0
Derivatives, liabilities	0	0	0
Option Agreement	28,510	28,770	27,460
Total Liabilities	$ 28,510	$ 28,770	$ 27,460

Fair Value of Financial Instr31

Fair Value of Financial Instruments, Significant Unobservable Inputs Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016	Dec. 25, 2016
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at beginning of year			$ (28,770)	$ (28,360)
Gain from change in fair value			260	900
Balance at end of period	$ (28,510)	$ (27,460)	(28,510)	(27,460)
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Other income, net	8,607	6,584	26,003	5,460
Fair Value, Measurements, Recurring [Member]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Alternative Investments, Fair Value Disclosure	24,405	23,490	24,405	23,490	$ 23,571
Other income, net	$ 446	$ 440	$ 1,461	$ 922

Pension and Postretirement Be32

Pension and Postretirement Benefits (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016
Pension [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 925	$ 1,002	$ 2,798	$ 2,995
Interest cost	4,443	4,611	13,598	13,821
Expected return on assets	(5,896)	(5,512)	(18,057)	(16,523)
Net amortization and deferrals	2,525	2,134	7,738	6,398
Curtailment losses			0	0
Net periodic benefit cost	1,997	2,235	6,077	6,691
Contributions to defined benefit pension plans			26,600
Expected fiscal year defined benefit pension plan contributions			29,000
Postretirement [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	172	132	517	397
Interest cost	295	294	885	881
Expected return on assets	0	0	0	0
Net amortization and deferrals	0	0	0	0
Curtailment losses			0	0
Net periodic benefit cost	$ 467	$ 426	$ 1,402	$ 1,278

Derivative Financial Instrume33

Derivative Financial Instruments, Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016	Dec. 25, 2016
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member] | Other Income (Expense) [Member]
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net	$ (2,976)	$ 6,533	$ (2,251)	$ 14,867
Not Designated as Hedging Instrument [Member] | Intercompany Loans [Member]
Derivative [Line Items]
Notional amount of derivative	339,227	264,029	339,227	264,029	$ 268,308
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member]
Derivative [Line Items]
Ineffective portion, amount of gains (losses) reclassified from other comprehensive earnings into earnings	(9)	(549)	(6,495)	4,271
Notional amount of derivative	$ 1,740,620	$ 1,597,050	$ 1,740,620	$ 1,597,050	$ 1,434,758

Derivative Financial Instrume34

Derivative Financial Instruments, Notional Amounts and Fair Values of Foreign Currency Forward Contracts Designated as Cash Flow Hedging Instruments (Details) - Cash Flow Hedging [Member] - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	Oct. 01, 2017	Dec. 25, 2016	Sep. 25, 2016
Foreign Exchange Forward [Member]
Derivative [Line Items]
Notional amount of derivative	$ 1,740,620	$ 1,434,758	$ 1,597,050
Fair value of hedged item	(11,949)	71,928	18,992
Inventory Purchases [Member]
Derivative [Line Items]
Notional amount of derivative	894,529	945,728	1,045,400
Fair value of hedged item	(16,597)	60,520	23,662
Sales [Member]
Derivative [Line Items]
Notional amount of derivative	579,421	290,181	318,283
Fair value of hedged item	17,215	9,775	(559)
Royalties and Other [Member]
Derivative [Line Items]
Notional amount of derivative	266,670	198,849	233,367
Fair value of hedged item	$ (12,567)	$ 1,633	$ (4,111)

Derivative Financial Instrume35

Derivative Financial Instruments, Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type (Details) - Foreign Exchange Forward [Member] - USD ($) $ in Thousands	Oct. 01, 2017	Dec. 25, 2016	Sep. 25, 2016
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Net unrealized gain	$ 1,253	$ 4,657	$ 733
Not Designated as Hedging Instrument [Member] | Prepaid expenses and other current assets [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	2,606	5,854	812
Unrealized losses	(1,353)	(1,197)	(79)
Net unrealized gain	1,253	4,657	733
Not Designated as Hedging Instrument [Member] | Accrued liabilities [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	0	0	0
Unrealized losses	0	0	0
Net unrealized gain	0	0	0
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Net unrealized gain	(11,949)	71,928	18,992
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Prepaid expenses and other current assets [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	10,207	34,265	34,179
Unrealized losses	(7,977)	(2,075)	(9,247)
Net unrealized gain	2,230	32,190	24,932
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Other Assets [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	11,631	51,839	20,974
Unrealized losses	(3,139)	(792)	(7,524)
Net unrealized gain	8,492	51,047	13,450
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Accrued liabilities [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	5,354	8,481	4,352
Unrealized losses	(20,999)	(19,790)	(19,420)
Net unrealized gain	(15,645)	(11,309)	(15,068)
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	8,325	0	992
Unrealized losses	(15,351)	0	(5,314)
Net unrealized gain	$ (7,026)	$ 0	$ (4,322)

Derivative Financial Instrume36

Derivative Financial Instruments, Gain (Loss) by Hedging Relationship, by Income Statement Location (Details) - Foreign Exchange Forward [Member] - Cash Flow Hedging [Member] - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion	$ (5,966)	$ 19,483	$ 7,230	$ 46,304
Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion	(5,971)	13,863	6,614	40,999
Net Revenues [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion	2,316	7,125	3,332	7,541
Royalties and Other [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion	$ (2,311)	$ (1,505)	$ (2,716)	$ (2,236)

Segment Reporting, Net revenues

Segment Reporting, Net revenues by segment (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues, external		$ 1,791,502	$ 1,679,757	$ 3,613,671	$ 3,389,882
Net revenues, affiliates		0	0	0	0
Operating Profit (Loss)		360,944	362,101	539,271	532,891
Corporate and Eliminations [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues, external		0	0	0	0
Net revenues, affiliates		(675,859)	(639,705)	(1,351,503)	(1,321,010)
Operating Profit (Loss)	[1]	(16,748)	(37,955)	(18,056)	(55,808)
U.S. and Canada [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues, external		993,833	932,844	1,939,837	1,802,391
Net revenues, affiliates		2,201	2,392	7,047	5,388
Operating Profit (Loss)		217,278	228,034	363,589	364,322
International [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues, external		739,229	690,745	1,511,074	1,436,911
Net revenues, affiliates		198	417	213	678
Operating Profit (Loss)		132,007	133,075	149,435	165,582
Entertainment and Licensing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues, external		58,440	56,130	162,663	150,521
Net revenues, affiliates		7,714	7,806	14,727	16,607
Operating Profit (Loss)		16,910	14,095	39,580	33,367
Global Operations [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues, external	[2]	0	38	97	59
Net revenues, affiliates	[2]	665,746	629,090	1,329,516	1,298,337
Operating Profit (Loss)	[2]	$ 11,497	$ 24,852	$ 4,723	$ 25,428
[1]	Certain long-term assets, including property, plant and equipment, goodwill and other intangibles, which benefit multiple operating segments, are included in Corporate and Eliminations. Allocations of certain expenses related to these assets to the individual operating segments are done at the beginning of the year based on budgeted amounts. Any differences b etween actual and budgeted amounts are reflected in Corporate and Eliminations because allocations are translated from the U . S . Dollar to local currenc y at budget rates when recorded. Corporate and Eliminations also includes the elimination of inter-company balance sheet amounts.
[2]	The Global Operations segment derives substantially all of its revenues, and thus its operating results, from intersegment activities.

Segment Reporting, Total assets

Segment Reporting, Total assets by segments (Details) - USD ($) $ in Thousands		Oct. 01, 2017	Dec. 25, 2016	Sep. 25, 2016
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		$ 5,544,648	$ 5,091,366	$ 4,955,147
Corporate and Eliminations [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	[1]	(4,367,973)	(2,856,651)	(2,294,888)
U.S. and Canada [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		3,423,213	2,559,792	2,316,624
International [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		2,524,821	2,368,761	2,261,742
Entertainment and Licensing [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		884,014	692,898	632,933
Global Operations [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		$ 3,080,573	$ 2,326,566	$ 2,038,736
[1]	Certain long-term assets, including property, plant and equipment, goodwill and other intangibles, which benefit multiple operating segments, are included in Corporate and Eliminations. Allocations of certain expenses related to these assets to the individual operating segments are done at the beginning of the year based on budgeted amounts. Any differences b etween actual and budgeted amounts are reflected in Corporate and Eliminations because allocations are translated from the U . S . Dollar to local currenc y at budget rates when recorded. Corporate and Eliminations also includes the elimination of inter-company balance sheet amounts.

Segment Reporting, Internationa

Segment Reporting, International Segment Net Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	$ 1,791,502	$ 1,679,757	$ 3,613,671	$ 3,389,882
International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	739,229	690,745	1,511,074	1,436,911
Europe [Member] | International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	467,740	452,834	921,467	905,081
Latin America [Member] | International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	174,446	154,985	339,071	307,949
Asia Pacific [Member] | International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	$ 97,043	$ 82,926	$ 250,536	$ 223,881

Segment Reporting, Revenue by P

Segment Reporting, Revenue by Products (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Sep. 25, 2016	Oct. 01, 2017	Sep. 25, 2016
Revenue from External Customer [Line Items]
Net revenue	$ 1,791,502	$ 1,679,757	$ 3,613,671	$ 3,389,882
Franchise Brands [Member]
Revenue from External Customer [Line Items]
Net revenue	827,282	773,415	1,803,744	1,642,057
Partner Brands [Member]
Revenue from External Customer [Line Items]
Net revenue	485,747	493,738	928,724	979,051
Hasbro Gaming [Member]
Revenue from External Customer [Line Items]
Net revenue	280,097	229,850	549,736	456,516
Gaming including Magic the Gathering and Monopoly [Member]
Revenue from External Customer [Line Items]
Net revenue	424,836	409,528	$ 951,386	868,373
Segment Reporting, Additional Information about Entity's Reportable Segments			Hasbro's total gaming category, including the Hasbro Gaming portfolio as reported above and all other gaming revenue, most notably MAGIC: THE GATHERING and MONOPOLY, which are included in the Franchise Brands portfolio, totaled $424,836 and $951,386 for the quarter and nine months ended October 1, 2017, respectively. For the quarter and nine months ended September 25, 2016, revenues were $409,528 and $868,373, respectively. Hasbro believes its gaming portfolio is a competitive differentiator and views it in its entirety.
Emerging Brands [Member]
Revenue from External Customer [Line Items]
Net revenue	$ 198,376	$ 182,754	$ 331,467	$ 312,258