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Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2019 shares
Document and Entity Information [Abstract]
Entity Registrant Name	HASBRO INC
Entity Central Index Key	0000046080
Current Fiscal Year End Date	--12-29
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	125,854,116
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Trading Symbol	HAS

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 30, 2018	Apr. 01, 2018
Current assets
Cash and cash equivalents	$ 1,196,634	$ 1,182,371	$ 1,598,944
Accounts receivable, less allowance for doubtful accounts of $12,100, $9,100 and $94,300 as of March 31, 2019, December 30, 2018 and April 1, 2018, respectively	638,417	1,188,052	612,698
Inventories	491,751	443,383	517,439
Prepaid expenses and other current assets	305,056	268,698	292,756
Total current assets	2,631,858	3,082,504	3,021,837
Property, plant and equipment, less accumulated depreciation of $484,200, $462, 700 and $436,600 as of March 31, 2019, December 30, 2018 and April 1, 2018, respectively	395,624	256,473	262,418
Other assets
Goodwill	485,528	485,881	573,574
Other intangible assets, net of accumulated amortization of $747,800, $721,700 and $911,300 as of March 31, 2019, December 30, 2018 and April 1, 2018, respectively	682,063	693,842	210,904
Other	739,700	744,288	660,339
Total other assets	1,907,291	1,924,011	1,444,817
Total assets	4,934,773	5,262,988	4,729,072
Current liabilities
Short-term borrowings	13,409	9,740	21,611
Accounts payable	234,262	333,521	256,433
Accrued liabilities	701,054	931,063	574,482
Total current liabilities	948,725	1,274,324	852,526
Long-term debt	1,695,462	1,695,092	1,693,977
Other liabilities	636,055	539,086	611,210
Total liabilities	3,280,242	3,508,502	3,157,713
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 March 31, 2019, April 1, 2018, and December 31, 2018	104,847	104,847	104,847
Additional paid-in capital	1,269,230	1,275,059	1,053,368
Retained earnings	4,125,686	4,184,374	4,090,637
Accumulated other comprehensive loss	(282,339)	(294,514)	(292,395)
Treasury stock, at cost; 83,830,809 shares at March 31, 2019; 83,565,598 shares at December 30, 2018; and 84,706,373 shares at April 1, 2018	(3,562,893)	(3,515,280)	(3,385,098)
Total shareholders' equity	1,654,531	1,754,486	1,571,359
Total liabilities and shareholders' equity	$ 4,934,773	$ 5,262,988	$ 4,729,072

Consolidated Balance Sheets (Unaudited) Parenthetical - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 30, 2018	Apr. 01, 2018
Current assets
Accounts receivable, allowance for doubtful accounts	$ 12,100	$ 9,100	$ 94,300
Property, plant and equipment, accumulated depreciation	484,200	422,100	436,600
Other assets
Other intangibles, accumulated amortization	$ 747,800	$ 721,700	$ 911,300
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)	83,830,809	83,565,598	84,706,373

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Consolidated Statements of Operations (Unaudited) [Abstract]
Net revenues, external	$ 732,510	$ 716,341
Costs and expenses
Cost of sales	259,987	255,187
Royalties	59,888	69,652
Product development	56,260	57,384
Advertising	76,604	68,016
Amortization of intangibles	11,816	6,478
Program production cost amortization	6,575	12,034
Selling, distribution and administration	225,253	328,009
Total costs and expenses	696,383	796,760
Operating Profit (loss)	36,127	(80,419)
Non-operating (income) expense
Interest Expense	22,314	22,809
Interest income	(7,682)	(6,248)
Other income, net	(8,100)	(8,592)
Total non-operating expense, net	6,532	7,969
Earnings (loss) before income taxes	29,595	(88,388)
Income tax expense	2,868	24,104
Net earnings (loss)	$ 26,727	$ (112,492)
Net earnings (loss) per common share:
Basic (in dollars per share)	$ 0.21	$ (0.9)
Diluted (in dollars per share)	0.21	(0.9)
Cash dividends declared per common share (in dollars per share)	$ 0.68	$ 0.63

Consolidated Statements of Comprehensive Earnings - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Consolidated Statements of Comprehensive Earnings (Loss) [Abstract]
Net earnings (loss)	$ 26,727	$ (112,492)
Other comprehensive earnings (loss):
Foreign currency translation adjustments	6,993	12,829
Net gains (losses) on cash flow hedging activities, net of tax	6,592	(25,270)
Unrealized holding gains (losses) on available-for-sale securities, net of tax	265	(143)
Changes in unrecognized pension and postretirement amounts, net of tax	0	(26,058)
Reclassifications to earnings (loss), net of tax:
Net (gains) losses on cash flow hedging activities	(2,814)	5,355
Amortization of unrecognized pension and postretirement amounts	1,139	1,820
Total other comprehensive loss, net of tax	12,175	(31,467)
Comprehensive earnings	$ 38,902	$ (143,959)

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Cash flows from operating activities
Net earnings (loss)	$ 26,727	$ (112,492)
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation of plant and equipment	27,028	26,221
Amortization of intangibles	11,816	6,478
Program production cost amortization	6,575	12,034
Deferred income taxes	11,795	(16,437)
Stock-based compensation	5,285	10,291
Other non-cash items	(3,503)	(4,971)
Change in operating assets and liabilities net of acquired balances:
Decrease in accounts receivable	558,888	808,367
Increase in inventories	(50,109)	(76,516)
Increase in prepaid expenses and other current assets	(33,934)	(78,540)
Program production costs	(17,728)	(11,398)
Decrease in accounts payable and accrued liabilities	(273,955)	(297,669)
Net deemed repatriation tax	0	75,805
Other	(4,391)	(23,434)
Net cash provided by operating activities	264,494	317,739
Cash flows from investing activities
Additions to property, plant and equipment	(25,201)	(28,235)
Other	(1,800)	2,007
Net cash utilized by investing activities	(27,001)	(26,228)
Cash flows from financing activities
Net proceeds from (repayments of) other short-term borrowings	3,419	(133,698)
Purchases of common stock	(47,479)	(38,126)
Stock-based compensation transactions	2,335	19,518
Dividends paid	(79,274)	(70,781)
Payments related to tax withholding for share-based compensation	(11,880)	(52,637)
Deferred acquisition payments	(87,500)	0
Net cash utilized by financing activities	(220,379)	(275,724)
Effect of exchange rate changes on cash	(2,851)	1,923
Increase in cash and cash equivalents	14,263	17,710
Cash and cash equivalents at beginning of year	1,182,371	1,581,234
Cash and cash equivalents at end of period	1,196,634	1,598,944
Supplemental information
Interest	28,576	28,699
Income taxes	$ 13,019	$ 42,481

Consolidated Statements of Shareholder's Equity - USD ($) $ in Thousands	Total	Common stock [Member]	Additional paid-in capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive (Loss) Earnings [Member]	Treasury stock [Member]	Total Shareholders' Equity Attributable to Hasbro, Inc. [Member]
Cumulative effect of new accounting principle in period of adoption \| Impact of adoption of ASU 2018-02 [Member]	$ 0	$ 0	$ 0	$ 21,503	$ (21,503)	$ 0	$ 0
Balance at Dec. 31, 2017		104,847	1,050,605	4,260,222	(239,425)	(3,346,292)	1,829,957
Net earnings (loss)	(112,492)	0	0	(112,492)	0	0	(112,492)
Other comprehensive earnings (loss), net of tax, total	(31,467)	0	0	0	(31,467)	0	(31,467)
Stock-based compensation activity	(7,543)	0	(7,528)	0	0	(15)	(7,543)
Purchases of common stock	(38,791)	0	0	0	0	(38,791)	(38,791)
Stock-based compensation expense		0	10,291	0	0	0	10,291
Dividends declared		0	0	(78,596)	0	0	(78,596)
Balance at Apr. 01, 2018	1,571,359	104,847	1,053,368	4,090,637	(292,395)	(3,385,098)	1,571,359
Balance at Dec. 30, 2018	1,754,486	104,847	1,275,059	4,184,374	(294,514)	(3,515,280)	1,754,486
Net earnings (loss)	26,727	0	0	26,727	0	0	26,727
Other comprehensive earnings (loss), net of tax, total	12,175	0	0	0	12,175	0	12,175
Stock-based compensation activity	(9,545)	0	(11,114)	0	0	1,569	(9,545)
Purchases of common stock	(49,182)	0	0	0	0	(49,182)	(49,182)
Stock-based compensation expense	5,285	0	5,285	0	0	0	5,285
Dividends declared	(85,415)	0	0	(85,415)	0	0	(85,415)
Balance at Mar. 31, 2019	$ 1,654,531	$ 104,847	$ 1,269,230	$ 4,125,686	$ (282,339)	$ (3,562,893)	$ 1,654,531

Basis of Presentation

3 Months Ended

Mar. 31, 2019

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 March 31, 2019 and April 1, 2018, and the results of its operations and cash flows and shareholder’s equity 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 March 31, 2019 and April 1, 2018 were each 13-week periods.

The results of operations for the quarter are not necessarily indicative of results to be expected for the full year, nor were those of the comparable 2018 period representative of those actually experienced for the full year 2018.

These condensed consolidated financial statements have been prepared without audit, pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). 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 with the SEC audited consolidated financial statements for the fiscal year ended December 30, 2018 in its Annual Report on Form 10-K (“2018 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 are the same as those described in Note 1 to the Company's consolidated financial statements in its 2018 Form 10-K with the exception of the accounting policies related to leases and derivatives and hedging.

In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2016-02 (ASU 2016-02), Leases (Topic 842), which requires lessees to recognize a right-of-use asset and a lease liability for virtually all leases. The liability is based on the present value of lease payments and the asset is based on the liability. For income statement purposes, a dual model was retained requiring leases to be either classified as operating or finance. Operating leases result in straight-line expense while finance leases result in a front-loaded expense pattern. Certain other quantitative and qualitative disclosures are also required. ASU 2016-02 is required for public companies for fiscal years beginning after December 15, 2018. ASU 2016-02 as originally issued required modified retrospective adoption. In July 2018, the FASB issued ASU 2018-11, which provides an alternative transition method in addition to the existing method by allowing entities to apply ASU 2016-02 as of the adoption date and recognize a cumulative effect adjustment to the opening balance of retained earnings in the period of adoption. The Company adopted ASU-2016-02 on December 31, 2018 using the retrospective basis as provided in ASU 2018-11. No cumulative effect was recorded to retained earnings. The Company also elected certain practical expedients as provided under the standard. These included (i) the election not to reassess whether contracts existing at the adoption date contain a lease under the new definition of a lease under the standard; (ii) the election not to reassess the lease classification for existing leases as of the adoption date; (iii) the election not to reassess whether previously capitalized initial direct costs would qualify for capitalization under the standard; (iv) the election to use hindsight in determining the relevant lease terms for use in the capitalization of the lease liability; and (v) the election to use hindsight in reviewing the right-of-use assets for impairment. For all leases, the terms were evaluated, including extension and renewal options as well as the lease payments associated with the leases. As a result of the adoption of the standard, in the first quarter of 2019, the Company recorded right-of-use assets of $121,230 and lease liabilities of $139,520. The Company’s results of operations were not impacted by this standard. The adoption of this standard did not have an impact on the Company’s cash flows. For further details, see Note 10.

In August 2017, the FASB issued Accounting Standards Update No. 2017-12 (ASU 2017-12), Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. The amendments expand and refine hedge accounting for both non-financial and financial risk components and align the recognition and presentation of the effects of the hedging instrument and the underlying hedged item in the financial statements. The impact of the standard includes elimination of the requirement to separately measure and recognize hedge ineffectiveness and requires the presentation of fair value adjustments to hedging instruments to be included in the same income statement line as the hedged item. For public companies, this standard is effective for annual reporting periods beginning after December 15, 2018, and early adoption is permitted. The Company adopted ASU 2017-12 in the first quarter of 2019 and the adoption of this standard did not have a material impact on the Company’s results or consolidated financial statements.

Recently Issued Accounting Pronouncements

In March 2019, the FASB issued Accounting Standards Update No. 2019-02 (ASU 2019-02) Entertainment—Films—Other Assets—Film Costs (Subtopic 926-20) and Entertainment—Broadcasters—Intangibles—Goodwill and Other (Subtopic 920-350) - Improvements to Accounting for Costs of Films and License Agreements for Program Materials. The amendments in this update align cost capitalization of episodic television series production costs with that of film production cost capitalization. In addition, this update addresses impairment testing procedures with regard to film groups, when a film or license agreement is expected to be monetized with other films and/or license agreements. The intention of this update is to align accounting treatment with changes in production and distribution models within the entertainment industry and to provide increased transparency of information provided to users of financial statements about produced and licensed content. For public companies, this standard is effective for annual reporting periods beginning after December 15, 2019, and early adoption is permitted. The Company is currently evaluating the standard and the impact, if any, to its consolidated financial statements.

Revenue Recognition	3 Months Ended
Revenue Recognition	Mar. 31, 2019
Revenue Recognition [Abstract]
Revenue Recognition Policy	(2) Revenue Recognition Revenue Recognition Revenue is recognized when control of the promised goods is transferred to the customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for transferring those goods. The Company accounts for a contract when it has approval and commitment from both parties, the rights of the parties are identified, payment terms are identified, the contract has commercial substance, and collectability of consideration is probable. Contract Assets and Liabilities Within our Entertainment, Licensing and Digital segment, the Company may receive royalty payments from licensees in advance of the licensees’ subsequent sales to their customers, or in advance of the Company’s performance obligation being satisfied. In addition, the Company may receive payments from its digital gaming business in advance of the recognition of the revenues. The Company defers revenues on these advanced payments until its performance obligation is satisfied. The aggregate deferred revenues are recorded as liabilities and were $47,678, $7,940, and $50,759 as of March 31, 2019, April 1, 2018, and December 30, 2018, respectively, and the changes in deferred revenues are not material to the Company’s consolidated statement of operations for the quarters ended March 31, 2019 and April 1, 2018, respectively. The Company records contract assets in the case of minimum guarantees that are being recognized ratably over the term of the respective license periods. At March 31, 2019 and April 1, 2018, these contract assets were not material to the Company’s consolidated balance sheets. Disaggregation of revenues The Company disaggregates its revenues from contracts with customers by segment: US and Canada, International, Entertainment, Licensing and Digital, and Global Operations. The Company further disaggregates revenues within its International segment by major geographic region: Europe, Latin America, and Asia Pacific. Finally, the Company disaggregates its revenues by brand portfolio into four brand categories: Franchise brands, Partner brands, Hasbro gaming, and Emerging brands. We believe these collectively depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. See Note 12, Segment Reporting, for further information.

Earnings Per Share

3 Months Ended

Mar. 31, 2019

Earnings (Loss) Per Share (Thousands of Dollars and Shares Except Per Share Data) [Abstract]

Earnings (Loss) Per Share

(3) Earnings (Loss) Per Share

Net earnings (loss) per share data for the quarters ended March 31, 2019 and April 1, 2018 were computed as follows:

	2019				2018
Quarter	Basic		Diluted		Basic		Diluted
Net earnings (loss)	$	26,727		26,727		(112,492)		(112,492)

Average shares outstanding		126,287		126,287		125,073		125,073
Effect of dilutive securities:
Options and other share-based awards		-		529		-		-
Equivalent Shares		126,287		126,816		125,073		125,073

Net earnings (loss) per common share	$	0.21		0.21		(0.90)		(0.90)

For the quarters ended March 31, 2019 and April 1, 2018, options and restricted stock units totaling 1,693 and 3,191, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. Of the 2018 amount 1,993 would have been included in the calculation of diluted shares had the Company not had a net loss in the first quarter of 2018. Assuming that these awards and options were included, under the treasury stock method, they would have resulted in an additional 1,022 shares being included in the diluted earnings per share calculation for the quarter ended April 1, 2018.

Other Comprehensive Earnings (Loss)

3 Months Ended

Mar. 31, 2019

Other Comprehensive Earnings (Loss) [Abstract]

Other Comprehensive Earnings (Loss)

(4) Other Comprehensive Earnings (Loss)

Components of other comprehensive earnings (loss) are presented within the consolidated statements of comprehensive earnings (loss). The following table presents the related tax effects on changes in other comprehensive earnings (loss) for the quarters ended March 31, 2019 and April 1, 2018.

		Quarter Ended
		March 31,		April 1,
		2019		2018

Other comprehensive earnings (loss), tax effect:
Tax (expense) benefit on unrealized holding (gains) losses		$	(77)		41
Tax (expense) benefit on cash flow hedging activities			(3)		5,980
Tax benefit on changes in unrecognized pension amounts			-		7,565
Reclassifications to earnings, tax effect:
	Tax expense (benefit) on cash flow hedging activities		346		(794)
	Tax benefit on unrecognized pension and postretirement
	amounts reclassified to the consolidated statements of operations		(331)		(528)
Total tax effect on other comprehensive earnings (loss)		$	(65)		12,264

Changes in the components of accumulated other comprehensive earnings (loss) for the three months ended March 31, 2019 and April 1, 2018 are as follows:

					Unrealized
					Holding
					Gains				Total
			Gains		(Losses) on		Foreign		Accumulated
	Pension and		(Losses) on		Available-		Currency		Other
	Postretirement		Derivative		for-Sale		Translation		Comprehensive
	Amounts		Instruments		Securities		Adjustments		Loss
2019
Balance at December 30, 2018	$	(143,134)		1,549		(744)		(152,185)		(294,514)
Current period other comprehensive earnings (loss)		1,139		3,778		265		6,993		12,175
Balance at March 31, 2019	$	(141,995)		5,327		(479)		(145,192)		(282,339)

2018
Balance at December 31, 2017	$	(110,971)		(32,827)		1,034		(96,661)		(239,425)
Adoption of ASU 2018-02		(18,065)		(3,660)		222		-		(21,503)
Current period other comprehensive earnings (loss)		(24,238)		(19,915)		(143)		12,829		(31,467)
Balance at April 1, 2018	$	(153,274)		(56,402)		1,113		(83,832)		(292,395)

Gains (Losses) on Derivative Instruments

At March 31, 2019, the Company had remaining net deferred gains on foreign currency forward contracts, net of tax, of $24,290 in accumulated other comprehensive loss ("AOCE"). These instruments hedge payments related to inventory purchased in the first quarter of 2019 or forecasted to be purchased during the remainder of 2019 through 2022, intercompany expenses expected to be paid or received during 2019, television and movie production costs paid in 2019, and cash receipts for sales made at the end of the first quarter of 2019 or forecasted to be made in the remainder of 2019 and, to a lesser extent, 2020 through 2021. 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 currency forward contracts, the Company entered into hedging contracts on future interest payments related to the long-term notes due in 2021 and 2044. At the date of debt issuance, these contracts were terminated and the fair value on the date of settlement was deferred in AOCE and is being amortized to interest expense over the life of the related notes using the effective interest rate method. At March 31, 2019, deferred losses, net of tax of $18,963 related to these instruments remained in AOCE. For the quarters ended March 31, 2019 and April 1, 2018, losses of $450, were reclassified from AOCE to net earnings.

Of the amount included in AOCE at March 31, 2019, the Company expects net gains of approximately $16,761 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

3 Months Ended

Mar. 31, 2019

Financial Instruments (Thousands of Dollars) [Abstract]

Financial Instruments

(5) Financial Instruments

The Company's financial instruments include cash and cash equivalents, accounts receivable, short-term borrowings, accounts payable and certain accrued liabilities. At March 31, 2019, April 1, 2018 and December 30, 2018, the carrying cost of these instruments approximated their fair value. The Company's financial instruments at March 31, 2019, April 1, 2018 and December 30, 2018 also include certain assets and liabilities measured at fair value (see Notes 7 and 9) 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 March 31, 2019, April 1, 2018 and December 30, 2018 are as follows:

	March 31, 2019				April 1, 2018				December 30, 2018
	Carrying		Fair		Carrying		Fair		Carrying		Fair
	Cost		Value		Cost		Value		Cost		Value
6.35% Notes Due 2040	$	500,000		548,200		500,000		585,400		500,000		535,000
3.50% Notes Due 2027		500,000		479,450		500,000		468,000		500,000		457,350
5.10% Notes Due 2044		300,000		285,990		300,000		299,460		300,000		272,640
3.15% Notes Due 2021		300,000		301,440		300,000		300,480		300,000		297,600
6.60% Debentures Due 2028		109,895		129,445		109,895		128,006		109,895		123,346
Total long-term debt	$	1,709,895		1,744,525		1,709,895		1,781,346		1,709,895		1,685,936
Less: Deferred debt expenses		14,433		-		15,918		-		14,803		-
Long-term debt	$	1,695,462		1,744,525		1,693,977		1,781,346		1,695,092		1,685,936

The fair values of the Company's long-term debt are considered Level 3 fair values (see Note 7 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 that 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 Company believes that this is the best information available for use in the fair value measurement.

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2019
Income Taxes (Thousands of Dollars) [Abstract]
Income Taxes	(6) 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. On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Act”). The Tax Act made broad and complex changes to the U.S. tax code including, but not limited to, reducing the U.S. federal corporate tax rate and requiring a one-time tax on certain unrepatriated earnings of foreign subsidiaries. On December 22, 2017, Staff Accounting Bulletin No. 118 (“SAB 118”) established a one-year measurement period to complete the accounting for the ASC 740 income tax effects of the Tax Act. An entity recognizes the impact of those amounts for which the accounting is complete. For matters that have not been completed, provisional amounts are recorded to the extent they can be reasonably estimated. For amounts for which a reasonable estimate cannot be determined, no adjustment is made until such estimate can be completed. As a result, the Company recorded a one-time tax expense of $47,800 in the first quarter of 2018 which reversed certain discrete benefits recorded in 2017 as well as increased our provisional deemed repatriation tax liability. The Company is no longer subject to U.S. federal income tax examinations for years before 2013. 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 2012. The Company is currently under income tax examination in several U.S. state and local and non-U.S. jurisdictions.

Fair Value of Financial Instruments

3 Months Ended

Mar. 31, 2019

Fair Value of Financial Instruments (Thousands of Dollars) [Abstract]

Fair Value of Financial Instruments

(7) 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 observable 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 for similar assets and liabilities. The Company has elected the fair value option for certain available-for-sale investments. At March 31, 2019, April 1, 2018 and December 30, 2018, these investments totaled $24,188, $24,584 and $23,913, respectively, and are included in prepaid expenses and other current assets in the consolidated balance sheets. The Company recorded net gains of $550 and $448 on these investments in other income, net for the quarters ended March 31, 2019 and April 1, 2018, respectively, related to the change in fair value of such instruments.

At March 31, 2019, April 1, 2018 and December 30, 2018, 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 net 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)
March 31, 2019
Assets:
Available-for-sale securities	$	975		975		-		-
Derivatives		32,296		-		32,296		-
Total assets	$	33,271		975		32,296		-

Liabilities:
Derivatives	$	45		-		45		-
Option agreement		23,144		-		-		23,144
Total liabilities	$	23,189		-		45		23,144

April 1, 2018
Assets:
Available-for-sale securities	$	2,941		2,941		-		-
Derivatives		2,960		-		2,960		-
Total assets	$	5,901		2,941		2,960		-

Liabilities:
Derivatives	$	39,428		-		39,428		-
Option agreement		23,665		-		-		23,665
Total liabilities	$	63,093		-		39,428		23,665

December 30, 2018
Assets:
Available-for-sale securities	$	914		914		-		-
Derivatives		26,076		-		26,076		-
Total assets	$	26,990		914		26,076		-

Liabilities:
Derivatives	$	1,610		-		1,610		-
Option agreement		23,440		-		-		23,440
Total Liabilities	$	25,050		-		1,610		23,440

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 and zero-cost collar options. 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 March 31, 2019, April 1, 2018 and December 30, 2018, and 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 as 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 changes in these valuation techniques during the three-month period ended March 31, 2019.

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 unobservable inputs (Level 3):

	2019		2018
Balance at beginning of year	$	(23,440)		(23,980)
Gain from change in fair value		296		315
Balance at end of first quarter	$	(23,144)		(23,665)

In addition to the above, the Company has three investments for which the fair value is measured using net asset value per share. At March 31, 2019, April 1, 2018 and December 30, 2018, these investments had fair values of $24,188, $24,584 and $23,913, 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.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Pension and Postretirement Benefits

3 Months Ended

Mar. 31, 2019

Pension and Postretirement Benefits (Thousands of Dollars) [Abstract]

Pension and Postretirement Benefits

(8) Pension and Postretirement Benefits

The components of the net periodic cost of the Company's defined benefit pension and other postretirement plans for the quarters ended March 31, 2019 and April 1, 2018 are as follows:

	Quarter Ended
	Pension				Postretirement
	March 31,		April 1,		March 31,		April 1,
	2019		2018		2019		2018
Service cost	$	1,037		685		178		188
Interest cost		2,205		4,016		316		292
Expected return on assets		(2,038)		(5,205)		-		-
Net amortization and deferrals		1,698		2,977		5		42
Net periodic benefit cost	$	2,902		2,473		499		522

During the three months ended March 31, 2019, the Company made cash contributions of $230 to its defined benefit pension plans. During fiscal 2019, the Company expects to make cash contributions to its defined benefit pension plans of approximately $1,600 in the aggregate.

In February 2018, the Compensation Committee of the Company’s Board of Directors approved a resolution to terminate the Company’s U.S. defined benefit pension plan (“Plan”). During the first quarter of 2018 the Company commenced the plan termination process and expects to complete the transfer of the Plan’s assets to a third-party administrator in the third quarter of 2019. The decision to terminate the Plan follows the 2015 decision to freeze benefits being accrued covering union employees after the sale of the Company’s manufacturing facility in East Longmeadow, MA. Benefits covering non-union employees were frozen in December 2007. Upon settlement of the pension liability, which is expected to occur in the second quarter of 2019, the Company will reclassify the related pension losses currently recorded to accumulated other comprehensive loss, to the consolidated statements of operations. As of March 31, 2019, the Company had unrecognized losses related to the Plan of $141,578. The Company will recognize this loss upon termination of the Plan, adjusted for the total required payout to plan participants which will be determined based on employee elections and market conditions present at the time of termination.

In connection with the decision to terminate the Plan, the Company remeasured the projected benefit obligation in the first quarter of 2018 based on the expected Plan termination costs. This remeasurement utilized a discount rate of 3.2% compared to the discount rate of 3.7% utilized in the December 31, 2017 measurement and resulted in an increase in the projected benefit obligation of $35,192 with offsetting amounts recorded to accumulated other comprehensive losses and deferred taxes.

Derivative Financial Instruments

3 Months Ended

Mar. 31, 2019

Derivative Financial Instruments (Thousands of Dollars) [Abstract]

Derivative Financial Instruments

(9) 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 Euros. 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 Company. 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 2019 through 2022.

At March 31, 2019, April 1, 2018 and December 30, 2018, the notional amounts and fair values of the Company's foreign currency forward contracts designated as cash flow hedging instruments were as follows:

	March 31, 2019				April 1, 2018				December 30, 2018
	Notional		Fair		Notional		Fair		Notional		Fair
Hedged transaction	Amount		Value		Amount		Value		Amount		Value
Inventory purchases	$	486,999		21,649		718,925		(31,453)		468,305		15,089
Sales		263,221		8,358		375,441		7,323		298,194		11,232
Royalties and Other		26,422		190		178,896		(11,602)		26,341		(304)
Total	$	776,642		30,197		1,273,262		(35,732)		792,840		26,017

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 March 31, 2019, April 1, 2018 and December 30, 2018 as follows:

	March 31,		April 1,		December 30,
	2019		2018		2018
Prepaid expenses and other current assets
Unrealized gains	$	22,737		458		21,718
Unrealized losses		(2,008)		(405)		(972)
Net unrealized gains	$	20,729		53		20,746

Other assets
Unrealized gains	$	9,752		5,996		6,173
Unrealized losses		(239)		(3,089)		(843)
Net unrealized gains	$	9,513		2,907		5,330

Accrued liabilities
Unrealized gains	$	-		8,218		77
Unrealized losses		(45)		(30,826)		(136)
Net unrealized losses	$	(45)		(22,608)		(59)

Other liabilities
Unrealized gains	$	-		2,846		-
Unrealized losses		-		(18,930)		-
Net unrealized losses	$	-		(16,084)		-

Net gains (losses) on cash flow hedging activities have been reclassified from other comprehensive earnings (loss) to net earnings for the quarters ended March 31, 2019 and April 1, 2018 as follows:

	Quarter Ended
	March 31,		April 1,
	2019		2018
Statements of Operations Classification
Cost of sales	$	2,614		(3,891)
Net revenues		878		332
Other		118		(1,423)
Net realized gains (losses)	$	3,610		(4,982)

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. The 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 March 31, 2019, April 1, 2018 and December 30, 2018 the total notional amounts of the Company's undesignated derivative instruments were $293,326, $132,945 and $452,773, respectively.

At March 31, 2019, April 1, 2018 and December 30, 2018, the fair values of the Company's undesignated derivative financial instruments were recorded in the consolidated balance sheets as follows:

	March 31,		April 1,		December 30,
	2019		2018		2018
Prepaid expenses and other current assets
Unrealized gains	$	2,391		-		-
Unrealized losses		(337)		-		-
Net unrealized gains	$	2,054		-		-

Accrued liabilities
Unrealized gains	$	-		383		1,269
Unrealized losses		-		(1,119)		(2,820)
Net unrealized losses		-		(736)		(1,551)


Total unrealized gains (losses), net	$	2,054		(736)		(1,551)

The Company recorded net gains (losses) of $4,809 and $(6,700) on these instruments to other income, net for the quarters ended March 31, 2019 and April 1, 2018, respectively, relating to the change in fair value of such derivatives, substantially offsetting gains and losses from the change in fair value of intercompany loans to which the contracts relate.

For additional information related to the Company's derivative financial instruments see Notes 5 and 7.

Leases

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Leases

(10) Leases

The Company occupies offices and uses certain equipment under various operating lease arrangements. The Company has no finance leases. These leases have remaining lease terms of 1 year to 19 years, some of which include either, options to extend lease terms while others include options to terminate current lease terms at certain times, subject to notice requirements set out in the lease agreement. Payments under certain of the lease agreements may be subject to adjustment based on a consumer price index or other inflationary indices. The lease liability for such lease agreements as of the adoption date was based on fixed payments as of the adoption date. Any adjustments to these payments based on the related indices will be recorded to expense as incurred. Leases with an expected term of 12 months or less are not capitalized. Payments under such leases are expensed as incurred. The Company capitalizes non-lease components for equipment leases, but expenses non-lease components as incurred for real estate leases.

For the quarter ended March 31, 2019, operating lease expense was $8,942. Expense related to short-term leases (expected terms less than 12 months) and variable lease payments were not material in the first quarter of 2019.

Supplemental information related to the Company’s leases for the quarter ended March 31, 2019 is as follows:

	Quarter Ended
	March 31,
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	9,574
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	23,680

Weighted Average Remaining Lease Term
Operating leases		6.7 years
Weighted Average Discount Rate
Operating leases		4.5%

The following is a reconciliation of future undiscounted cash flows to the operating liabilities, and the related right of use assets, included in our Consolidated Balance Sheets as of March 31, 2019:

	March 31,
	2019
2019 (excluding the three months ended March 31, 2019)	$	26,972
2020		33,756
2021		29,487
2022		27,260
2023		22,093
2024 and thereafter		46,277
Total future lease payments		185,845
Less imputed interest		26,968
Present value of future operating lease payments		158,877
Less current portion of operating lease liabilities ⁽¹⁾		29,534
Non-current operating lease liability ⁽²⁾		129,343
Operating lease right-of-use assets, net ⁽³⁾	$	141,075

⁽¹⁾ Included in Accrued liabilities on the consolidated balance sheets.

⁽²⁾ Included in Other liabilities on the consolidated balance sheets.

⁽³⁾ Included in Property, plant, and equipment on the consolidated balance sheets.

Segment Reporting

3 Months Ended

Mar. 31, 2019

Segment Reporting (Thousands of Dollars) [Abstract]

Segment Reporting

(11) 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, Licensing and Digital 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 well 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 European, Asia Pacific, and Latin and South American regions. The Company's Entertainment, Licensing and Digital segment includes the Company's consumer products licensing, digital gaming, movie and television entertainment operations. The Global Operations segment is responsible for sourcing finished products for the Company's U.S. and Canada and International segments. During the first quarter of 2019, the Company realigned its financial reporting segments to include all digital gaming businesses within the re-named Entertainment, Licensing and Digital reporting segment. As a result of the realignment, U.S. and Canada and the former Entertainment and Licensing segment results for the first quarter of 2018 have been restated to reflect the change.

Segment performance is measured at the operating profit level. Included in Corporate and Eliminations are certain corporate expenses, including the elimination 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 expenses 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 accounting policies of the segments are the same as those referenced in note 1.

Results shown for the quarter are not necessarily representative of those which may be expected for the full year 2019, nor were those of the comparable 2018 period representative of those actually experienced for the full year 2018. Similarly, such results are not necessarily those which would be achieved were each segment an unaffiliated business enterprise.

Information by segment and a reconciliation to reported amounts for the quarters ended March 31, 2019 and April 1, 2018 are as follows:

	Quarter Ended
	March 31, 2019				April 1, 2018
Net revenues	External		Affiliate		External		Affiliate
U.S. and Canada	$	357,851		1,849		353,913		2,133
International		282,649		41		287,945		62
Entertainment, Licensing and Digital		91,994		1,974		74,405		3,576
Global Operations (a)		16		229,425		78		253,320
Corporate and Eliminations (b)		-		(233,289)		-		(259,091)
	$	732,510		-		716,341		-

As a result of the realignment of the Company’s financial reporting segments, revenues of $10,384 from the first quarter of 2018, were reclassified from the U.S. and Canada segment to the Entertainment, Licensing and Digital segment to conform to current year presentation.

	Quarter Ended
	March 31,		April 1,
Operating profit (loss)	2019		2018
U.S. and Canada	$	13,532		(26,620)
International		(30,411)		(56,088)
Entertainment, Licensing and Digital		30,020		17,143
Global Operations (a)		1,254		2,176
Corporate and Eliminations (b)		21,732		(17,030)
	$	36,127		(80,419)

As a result of the realignment of the Company’s financial reporting segments, operating profit of $3,237 for the first quarter of 2018 was reclassified from the U.S. and Canada segment to the Entertainment, Licensing and Digital segment to conform to current year presentation.

	March 31,		April 1,		December 30,
Total assets	2019		2018		2018
U.S. and Canada	$	2,600,873		2,735,206		2,898,816
International		2,019,800		2,033,928		2,229,053
Entertainment, Licensing and Digital		804,288		683,251		621,595
Global Operations (a)		706,701		3,293,265		3,197,847
Corporate and Eliminations (b)		(1,196,889)		(4,016,578)		(3,684,323)
	$	4,934,773		4,729,072		5,262,988

(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 between actual and budgeted amounts are reflected in Corporate and Eliminations because allocations are translated from the U.S. Dollar to local currency at budgeted 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 quarters ended March 31, 2019 and April 1, 2018.

	Quarter Ended
	March 31,		April 1,
	2019		2018
Europe	$	153,379		155,562
Latin America		62,777		65,961
Asia Pacific		66,493		66,422
Net revenues	$	282,649		287,945

The following table presents consolidated net revenues by brand portfolio for the quarters ended March 31, 2019 and April 1, 2018.

	Quarter Ended
	March 31,		April 1,
	2019		2018
Franchise Brands	$	393,574		361,706
Partner Brands		171,989		200,592
Hasbro Gaming		107,565		105,227
Emerging Brands		59,382		48,816
Total	$	732,510		716,341

Hasbro's total gaming category, including all gaming net revenues, most notably MAGIC: THE GATHERING and MONOPOLY, totaled $243,390 and $203,542 for the quarters ended March 31, 2019, and April 1, 2018, respectively.

Restructuring Actions

3 Months Ended

Mar. 31, 2019

Restructuring Charges [Abstract]

Restructuring and related activities disclosure [TextBlock]

(12) Restructuring Actions

During 2018, the Company announced a comprehensive restructuring plan which consists of re-designing its go-to market strategy and re-shaping its organization to become a more responsive, innovative and digitally-driven play and entertainment company. As the global consumer landscape, shopping behaviors and the retail environment continue to evolve, the Company continues to transform and reimagine its business to make sure it has the right talent and capabilities to stay competitive. This includes adding new capabilities based on our understanding of the consumer and how our retailers are going to market, while also changing many of the ways we organize across our Brand Blueprint. As part of this process the Company took certain actions, which will continue through 2019. The actions primarily included headcount reduction aimed at right-sizing the Company’s cost-structure and giving it the ability to add required new talent in the future.

In the first quarter of 2018, the Company recorded a pre-tax severance expense of $17,349, primarily outside of the U.S., related to this 2018 restructuring program. During the fourth quarter of 2018, the Company recorded an additional $72,000 of pre-tax severance charges related to the program. These charges were included within selling, distribution and administration costs on the Consolidated Statements of Operations for the year ended December 30, 2018 and reported within Corporate and Eliminations. No additional charges were taken in the first quarter of 2019. The detail of activity related to the program is as follows:

Remaining amounts to be paid as of December 30, 2018	$	69,192
Payments made in first quarter of 2019		(7,620)
Remaining amounts as of March 31, 2019	$	61,572

Basis of Presentation (Policies)	3 Months Ended
Basis of Presentation (Policies)	Mar. 31, 2019
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 March 31, 2019 and April 1, 2018, and the results of its operations and cash flows and shareholder’s equity 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. These condensed consolidated financial statements have been prepared without audit, pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). 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 with the SEC audited consolidated financial statements for the fiscal year ended December 30, 2018 in its Annual Report on Form 10-K (“2018 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 are the same as those described in Note 1 to the Company's consolidated financial statements in its 2018 Form 10-K with the exception of the accounting policies related to leases and derivatives and hedging. In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2016-02 (ASU 2016-02), Leases (Topic 842), which requires lessees to recognize a right-of-use asset and a lease liability for virtually all leases. The liability is based on the present value of lease payments and the asset is based on the liability. For income statement purposes, a dual model was retained requiring leases to be either classified as operating or finance. Operating leases result in straight-line expense while finance leases result in a front-loaded expense pattern. Certain other quantitative and qualitative disclosures are also required. ASU 2016-02 is required for public companies for fiscal years beginning after December 15, 2018. ASU 2016-02 as originally issued required modified retrospective adoption. In July 2018, the FASB issued ASU 2018-11, which provides an alternative transition method in addition to the existing method by allowing entities to apply ASU 2016-02 as of the adoption date and recognize a cumulative effect adjustment to the opening balance of retained earnings in the period of adoption. The Company adopted ASU-2016-02 on December 31, 2018 using the retrospective basis as provided in ASU 2018-11. No cumulative effect was recorded to retained earnings. The Company also elected certain practical expedients as provided under the standard. These included (i) the election not to reassess whether contracts existing at the adoption date contain a lease under the new definition of a lease under the standard; (ii) the election not to reassess the lease classification for existing leases as of the adoption date; (iii) the election not to reassess whether previously capitalized initial direct costs would qualify for capitalization under the standard; (iv) the election to use hindsight in determining the relevant lease terms for use in the capitalization of the lease liability; and (v) the election to use hindsight in reviewing the right-of-use assets for impairment. For all leases, the terms were evaluated, including extension and renewal options as well as the lease payments associated with the leases. As a result of the adoption of the standard, in the first quarter of 2019, the Company recorded right-of-use assets of $121,230 and lease liabilities of $139,520. The Company’s results of operations were not impacted by this standard. The adoption of this standard did not have an impact on the Company’s cash flows. For further details, see Note 10. In August 2017, the FASB issued Accounting Standards Update No. 2017-12 (ASU 2017-12), Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. The amendments expand and refine hedge accounting for both non-financial and financial risk components and align the recognition and presentation of the effects of the hedging instrument and the underlying hedged item in the financial statements. The impact of the standard includes elimination of the requirement to separately measure and recognize hedge ineffectiveness and requires the presentation of fair value adjustments to hedging instruments to be included in the same income statement line as the hedged item. For public companies, this standard is effective for annual reporting periods beginning after December 15, 2018, and early adoption is permitted. The Company adopted ASU 2017-12 in the first quarter of 2019 and the adoption of this standard did not have a material impact on the Company’s results or consolidated financial statements. Recently Issued Accounting Pronouncements In March 2019, the FASB issued Accounting Standards Update No. 2019-02 (ASU 2019-02) Entertainment—Films—Other Assets—Film Costs (Subtopic 926-20) and Entertainment—Broadcasters—Intangibles—Goodwill and Other (Subtopic 920-350) - Improvements to Accounting for Costs of Films and License Agreements for Program Materials. The amendments in this update align cost capitalization of episodic television series production costs with that of film production cost capitalization. In addition, this update addresses impairment testing procedures with regard to film groups, when a film or license agreement is expected to be monetized with other films and/or license agreements. The intention of this update is to align accounting treatment with changes in production and distribution models within the entertainment industry and to provide increased transparency of information provided to users of financial statements about produced and licensed content. For public companies, this standard is effective for annual reporting periods beginning after December 15, 2019, and early adoption is permitted. The Company is currently evaluating the standard and the impact, if any, to its consolidated financial statements.

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings (Loss) Per Share (Thousands of Dollars and Shares Except Per Share Data) [Abstract]

Earnings (Loss) Per Share

	2019				2018
Quarter	Basic		Diluted		Basic		Diluted
Net earnings (loss)	$	26,727		26,727		(112,492)		(112,492)

Average shares outstanding		126,287		126,287		125,073		125,073
Effect of dilutive securities:
Options and other share-based awards		-		529		-		-
Equivalent Shares		126,287		126,816		125,073		125,073

Net earnings (loss) per common share	$	0.21		0.21		(0.90)		(0.90)

Other Comprehensive Earnings (Loss) (Tables)

3 Months Ended

Mar. 31, 2019

Other Comprehensive Earnings (Loss) [Abstract]

Schedule of Other Comprehensive Income (Loss), Tax Effect [Text Block]

		Quarter Ended
		March 31,		April 1,
		2019		2018

Other comprehensive earnings (loss), tax effect:
Tax (expense) benefit on unrealized holding (gains) losses		$	(77)		41
Tax (expense) benefit on cash flow hedging activities			(3)		5,980
Tax benefit on changes in unrecognized pension amounts			-		7,565
Reclassifications to earnings, tax effect:
	Tax expense (benefit) on cash flow hedging activities		346		(794)
	Tax benefit on unrecognized pension and postretirement
	amounts reclassified to the consolidated statements of operations		(331)		(528)
Total tax effect on other comprehensive earnings (loss)		$	(65)		12,264

Schedule of Accumulated Other Comprehensive Earnings (Loss)

					Unrealized
					Holding
					Gains				Total
			Gains		(Losses) on		Foreign		Accumulated
	Pension and		(Losses) on		Available-		Currency		Other
	Postretirement		Derivative		for-Sale		Translation		Comprehensive
	Amounts		Instruments		Securities		Adjustments		Loss
2019
Balance at December 30, 2018	$	(143,134)		1,549		(744)		(152,185)		(294,514)
Current period other comprehensive earnings (loss)		1,139		3,778		265		6,993		12,175
Balance at March 31, 2019	$	(141,995)		5,327		(479)		(145,192)		(282,339)

2018
Balance at December 31, 2017	$	(110,971)		(32,827)		1,034		(96,661)		(239,425)
Adoption of ASU 2018-02		(18,065)		(3,660)		222		-		(21,503)
Current period other comprehensive earnings (loss)		(24,238)		(19,915)		(143)		12,829		(31,467)
Balance at April 1, 2018	$	(153,274)		(56,402)		1,113		(83,832)		(292,395)

Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2019

Financial Instruments (Thousands of Dollars) [Abstract]

Schedule of Long-term Debt Instruments

	March 31, 2019				April 1, 2018				December 30, 2018
	Carrying		Fair		Carrying		Fair		Carrying		Fair
	Cost		Value		Cost		Value		Cost		Value
6.35% Notes Due 2040	$	500,000		548,200		500,000		585,400		500,000		535,000
3.50% Notes Due 2027		500,000		479,450		500,000		468,000		500,000		457,350
5.10% Notes Due 2044		300,000		285,990		300,000		299,460		300,000		272,640
3.15% Notes Due 2021		300,000		301,440		300,000		300,480		300,000		297,600
6.60% Debentures Due 2028		109,895		129,445		109,895		128,006		109,895		123,346
Total long-term debt	$	1,709,895		1,744,525		1,709,895		1,781,346		1,709,895		1,685,936
Less: Deferred debt expenses		14,433		-		15,918		-		14,803		-
Long-term debt	$	1,695,462		1,744,525		1,693,977		1,781,346		1,695,092		1,685,936

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

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-Name Accounting Standards Codification
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
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-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
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-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

+ Details

Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2019

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)
March 31, 2019
Assets:
Available-for-sale securities	$	975		975		-		-
Derivatives		32,296		-		32,296		-
Total assets	$	33,271		975		32,296		-

Liabilities:
Derivatives	$	45		-		45		-
Option agreement		23,144		-		-		23,144
Total liabilities	$	23,189		-		45		23,144

April 1, 2018
Assets:
Available-for-sale securities	$	2,941		2,941		-		-
Derivatives		2,960		-		2,960		-
Total assets	$	5,901		2,941		2,960		-

Liabilities:
Derivatives	$	39,428		-		39,428		-
Option agreement		23,665		-		-		23,665
Total liabilities	$	63,093		-		39,428		23,665

December 30, 2018
Assets:
Available-for-sale securities	$	914		914		-		-
Derivatives		26,076		-		26,076		-
Total assets	$	26,990		914		26,076		-

Liabilities:
Derivatives	$	1,610		-		1,610		-
Option agreement		23,440		-		-		23,440
Total Liabilities	$	25,050		-		1,610		23,440

Reconciliation of Level 3 Fair Value

	2019		2018
Balance at beginning of year	$	(23,440)		(23,980)
Gain from change in fair value		296		315
Balance at end of first quarter	$	(23,144)		(23,665)

Pension and Postretirement Benefits (Tables)

3 Months Ended

Mar. 31, 2019

Pension and Postretirement Benefits (Thousands of Dollars) [Abstract]

Components of net periodic cost

	Quarter Ended
	Pension				Postretirement
	March 31,		April 1,		March 31,		April 1,
	2019		2018		2019		2018
Service cost	$	1,037		685		178		188
Interest cost		2,205		4,016		316		292
Expected return on assets		(2,038)		(5,205)		-		-
Net amortization and deferrals		1,698		2,977		5		42
Net periodic benefit cost	$	2,902		2,473		499		522

Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2019

Derivative Financial Instruments (Thousands of Dollars) [Abstract]

Summary of Cash Flow Hedging Instruments

	March 31, 2019				April 1, 2018				December 30, 2018
	Notional		Fair		Notional		Fair		Notional		Fair
Hedged transaction	Amount		Value		Amount		Value		Amount		Value
Inventory purchases	$	486,999		21,649		718,925		(31,453)		468,305		15,089
Sales		263,221		8,358		375,441		7,323		298,194		11,232
Royalties and Other		26,422		190		178,896		(11,602)		26,341		(304)
Total	$	776,642		30,197		1,273,262		(35,732)		792,840		26,017

Derivatives Fair Value by Balance Sheet Location

	March 31,		April 1,		December 30,
	2019		2018		2018
Prepaid expenses and other current assets
Unrealized gains	$	22,737		458		21,718
Unrealized losses		(2,008)		(405)		(972)
Net unrealized gains	$	20,729		53		20,746

Other assets
Unrealized gains	$	9,752		5,996		6,173
Unrealized losses		(239)		(3,089)		(843)
Net unrealized gains	$	9,513		2,907		5,330

Accrued liabilities
Unrealized gains	$	-		8,218		77
Unrealized losses		(45)		(30,826)		(136)
Net unrealized losses	$	(45)		(22,608)		(59)

Other liabilities
Unrealized gains	$	-		2,846		-
Unrealized losses		-		(18,930)		-
Net unrealized losses	$	-		(16,084)		-

Schedule of Derivative Instruments, Gain (Loss) in Statement of Operations

	Quarter Ended
	March 31,		April 1,
	2019		2018
Statements of Operations Classification
Cost of sales	$	2,614		(3,891)
Net revenues		878		332
Other		118		(1,423)
Net realized gains (losses)	$	3,610		(4,982)

Fair values of undesignated derivative financial instruments

	March 31,		April 1,		December 30,
	2019		2018		2018
Prepaid expenses and other current assets
Unrealized gains	$	2,391		-		-
Unrealized losses		(337)		-		-
Net unrealized gains	$	2,054		-		-

Accrued liabilities
Unrealized gains	$	-		383		1,269
Unrealized losses		-		(1,119)		(2,820)
Net unrealized losses		-		(736)		(1,551)


Total unrealized gains (losses), net	$	2,054		(736)		(1,551)

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41641-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41678-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41638-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5580258-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5579245-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5579240-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41620-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n)(2))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Supplemental information related to leases

	Quarter Ended
	March 31,
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	9,574
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	23,680

Weighted Average Remaining Lease Term
Operating leases		6.7 years
Weighted Average Discount Rate
Operating leases		4.5%

Maturities of operating lease liabilities

	March 31,
	2019
2019 (excluding the three months ended March 31, 2019)	$	26,972
2020		33,756
2021		29,487
2022		27,260
2023		22,093
2024 and thereafter		46,277
Total future lease payments		185,845
Less imputed interest		26,968
Present value of future operating lease payments		158,877
Less current portion of operating lease liabilities ⁽¹⁾		29,534
Non-current operating lease liability ⁽²⁾		129,343
Operating lease right-of-use assets, net ⁽³⁾	$	141,075

⁽¹⁾ Included in Accrued liabilities on the consolidated balance sheets.

⁽²⁾ Included in Other liabilities on the consolidated balance sheets.

⁽³⁾ Included in Property, plant, and equipment on the consolidated balance sheets.

Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting (Thousands of Dollars) [Abstract]

Net revenues by segment

	Quarter Ended
	March 31, 2019				April 1, 2018
Net revenues	External		Affiliate		External		Affiliate
U.S. and Canada	$	357,851		1,849		353,913		2,133
International		282,649		41		287,945		62
Entertainment, Licensing and Digital		91,994		1,974		74,405		3,576
Global Operations (a)		16		229,425		78		253,320
Corporate and Eliminations (b)		-		(233,289)		-		(259,091)
	$	732,510		-		716,341		-

(a) The Global Operations segment derives substantially all of its revenues, and thus its operating results, from intersegment activities.

Operating profit (loss) by segments

	Quarter Ended
	March 31,		April 1,
Operating profit (loss)	2019		2018
U.S. and Canada	$	13,532		(26,620)
International		(30,411)		(56,088)
Entertainment, Licensing and Digital		30,020		17,143
Global Operations (a)		1,254		2,176
Corporate and Eliminations (b)		21,732		(17,030)
	$	36,127		(80,419)

(a) The Global Operations segment derives substantially all of its revenues, and thus its operating results, from intersegment activities.

Total assets by segments

	March 31,		April 1,		December 30,
Total assets	2019		2018		2018
U.S. and Canada	$	2,600,873		2,735,206		2,898,816
International		2,019,800		2,033,928		2,229,053
Entertainment, Licensing and Digital		804,288		683,251		621,595
Global Operations (a)		706,701		3,293,265		3,197,847
Corporate and Eliminations (b)		(1,196,889)		(4,016,578)		(3,684,323)
	$	4,934,773		4,729,072		5,262,988

(a) The Global Operations segment derives substantially all of its revenues, and thus its operating results, from intersegment activities.

Schedule of net revenues by international region

	Quarter Ended
	March 31,		April 1,
	2019		2018
Europe	$	153,379		155,562
Latin America		62,777		65,961
Asia Pacific		66,493		66,422
Net revenues	$	282,649		287,945

Net revenues by product category

	Quarter Ended
	March 31,		April 1,
	2019		2018
Franchise Brands	$	393,574		361,706
Partner Brands		171,989		200,592
Hasbro Gaming		107,565		105,227
Emerging Brands		59,382		48,816
Total	$	732,510		716,341

Restructuring Actions (Tables)

3 Months Ended

Mar. 31, 2019

Restructuring Charges [Abstract]

Schedule of restructuring and related costs (Tables)

Remaining amounts to be paid as of December 30, 2018	$	69,192
Payments made in first quarter of 2019		(7,620)
Remaining amounts as of March 31, 2019	$	61,572

Basis of Presentation (Details) $ in Thousands	Mar. 31, 2019 USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use asset, net	$ 141,075
Total operating lease liabilities	158,877
Accounting Standards Update 2016-02, Implementation [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use asset, net	121,230
Total operating lease liabilities	$ 139,520

Revenue Recognition (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 30, 2018	Apr. 01, 2018
Accounting Standards Update 2014-09 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred revenues recorded as liabilities	$ 47,678	$ 50,759	$ 7,940

- Definition

The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income.

+ References + Details

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Earnings (Loss) Per Share (Thousands of Dollars and Shares Except Per Share Data) [Abstract]
Net earnings (loss)	$ 26,727	$ (112,492)
Basic [Abstract]
Average shares outstanding (in shares)	126,287	125,073
Equivalent shares (basic) (in shares)	126,287	125,073
Net earnings (loss) per common share-basic (in dollars per share)	$ 0.21	$ (0.9)
Diluted [Abstract]
Average shares outstanding (in shares)	126,287	125,073
Effect of dilutive securities:
Options and other share-based awards (in shares)	529	0
Equivalent shares (diluted) (in shares)	126,816	125,073
Net earnings (loss) per common share-diluted (in dollars per share)	$ 0.21	$ (0.9)
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	1,693	3,191
Dilutive securities excluded because of net loss		1,993
Impact of dilutive securities excluded because of net loss		1,022

Other Comprehensive Earnings (Loss), Tax Effects on Changes in Other Comprehensive Earnings (loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Other Comprehensive Earnings (Loss) [Abstract]
Tax (expense) benefit on unrealized holding (gains) losses	$ (77)	$ 41
Tax (expense) benefit on cash flow hedging activities	(3)	5,980
Tax benefit on changes in unrecognized pension and postretirement amounts	0	7,565
Reclassification Adjustment from AOCE, Tax expense (benefit) on cash flow hedging activities	346	(794)
Reclassification Adjustment from AOCE, Tax benefit on amortization of unrecognized pension and postretirement amounts	(331)	(528)
Other Comprehensive Income (Loss), Tax, Total	(65)	$ 12,264
Cash Flow Hedge losses to be Reclassified within Twelve Months	$ 16,761

Other Comprehensive Earnings (Loss), Changes in the components of accumulated other comprehensive loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), Beginning of Year	$ (294,514)	$ (239,425)
Adoption of ASU 2018-02		(21,503)
Other comprehensive earnings (loss), net of tax, total	12,175	(31,467)
Total accumulated other comprehensive earnings (loss), End of Period	(282,339)	(292,395)
Pension and Postretirement Amounts [Member]
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), Beginning of Year	(143,134)	(110,971)
Adoption of ASU 2018-02		(18,065)
Other comprehensive earnings (loss), net of tax, total	1,139	(24,238)
Total accumulated other comprehensive earnings (loss), End of Period	(141,995)	(153,274)
Gains (Losses) On Derivative Instruments [Member]
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), Beginning of Year	1,549	(32,827)
Adoption of ASU 2018-02		(3,660)
Other comprehensive earnings (loss), net of tax, total	3,778	(19,915)
Total accumulated other comprehensive earnings (loss), End of Period	5,327	(56,402)
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	(18,963)
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	(24,290)
Unrealized Holding Gains (Losses) on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), Beginning of Year	(744)	1,034
Adoption of ASU 2018-02		222
Other comprehensive earnings (loss), net of tax, total	265	(143)
Total accumulated other comprehensive earnings (loss), End of Period	(479)	1,113
Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive (Loss) [Line Items]
Total accumulated other comprehensive earnings (loss), Beginning of Year	(152,185)	(96,661)
Adoption of ASU 2018-02		0
Other comprehensive earnings (loss), net of tax, total	6,993	12,829
Total accumulated other comprehensive earnings (loss), End of Period	$ (145,192)	$ (83,832)

Other Comprehensive Earnings (Loss), Reclassification From Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income (Loss) [Line Items]
Interest Expense	$ 22,314	$ 22,809
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 (Loss) [Line Items]
Interest Expense	$ 450	$ 450

Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended
Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 30, 2018	Apr. 01, 2018
Debt Instrument [Line Items]
Carrying Cost	$ 1,709,895	$ 1,709,895	$ 1,709,895
Less: Deferred debt expenses	14,433	14,803	15,918
Long-term debt	1,695,462	1,695,092	1,693,977
Fair Value	1,744,525	1,685,936	1,781,346
Long-term Debt Fair Value, Excluding Current Maturities	1,744,525	1,685,936	1,781,346
Notes 6.35% Due 2040 [Member]
Debt Instrument [Line Items]
Carrying Cost	500,000	500,000	500,000
Fair Value	$ 548,200	535,000	585,400
Maturity Date	Mar. 15, 2040
Interest Rate	6.35%
Notes 5.10% Due 2044 [Member]
Debt Instrument [Line Items]
Carrying Cost	$ 300,000	300,000	300,000
Fair Value	$ 285,990	272,640	299,460
Maturity Date	May 16, 2044
Interest Rate	5.10%
Notes 3.50% Due 2027 [Member]
Debt Instrument [Line Items]
Carrying Cost	$ 500,000	500,000	500,000
Fair Value	$ 479,450	457,350	468,000
Maturity Date	Sep. 15, 2027
Interest Rate	3.50%
Notes 3.15% Due 2021 [Member]
Debt Instrument [Line Items]
Carrying Cost	$ 300,000	300,000	300,000
Fair Value	$ 301,440	297,600	300,480
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	$ 129,445	$ 123,346	$ 128,006
Maturity Date	Jan. 18, 2028
Interest Rate	6.60%

Income Taxes (Details) $ in Thousands	3 Months Ended
Income Taxes (Details) $ in Thousands	Mar. 31, 2019 USD ($)
Income Taxes Tax Cuts And Jobs Act [Abstract]
Increase (decrease) to provisional tax expense, net	$ 47,800
Tax cuts and jobs act, Date enacted	Dec. 22, 2017

Fair Value of Financial Instruments, Assests and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Dec. 30, 2018	Apr. 01, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, assets	$ 975	$ 914	$ 2,941
Derivatives, assets	32,296	26,076	2,960
Total assets, fair value hierarchy	33,271	26,990	5,901
Derivatives, liabilities	45	1,610	39,428
Option Agreement	23,144	23,440	23,665
Total Liabilities	$ 23,189	25,050	63,093
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	$ 975	914	2,941
Derivatives, assets	0	0	0
Total assets, fair value hierarchy	975	914	2,941
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	32,296	26,076	2,960
Total assets, fair value hierarchy	32,296	26,076	2,960
Derivatives, liabilities	45	1,610	39,428
Option Agreement	0	0	0
Total Liabilities	45	1,610	39,428
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	23,144	23,440	23,665
Total Liabilities	$ 23,144	$ 23,440	$ 23,665

Fair Value of Financial Instruments, Significant Unobservable Inputs Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018	Dec. 30, 2018
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at beginning of year	$ (23,440)	$ (23,980)
Gain from change in fair value	296	315
Balance at end of period	(23,144)	(23,665)
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Other income, net	8,100	8,592
Fair Value, Measurements, Recurring [Member]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Fair Value of Available for Sale Investments, Fair Value Option	24,188	24,584	$ 23,913
Other income, net	$ 550	$ 448

Pension and Postretirement Benefits (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018	Dec. 31, 2017
Defined Benefit Plan Plan Amendment [Abstract]
Defined benefit plan accumulated benefit obligation increase for plan amendment		$ 35,192
Date of resolution approval plan termination		February 2018
U.S. pension plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Weighted average discount rate		3.20%	3.70%
Unrecognized losses, U.S. pension plan, remaining in accumulated other comprehensive loss	$ (141,578)
Pension [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	1,037	$ 685
Interest cost	2,205	4,016
Expected return on assets	(2,038)	(5,205)
Net amortization and deferrals	1,698	2,977
Net periodic benefit cost	2,902	2,473
Contributions to defined benefit pension plans	230
Expected fiscal year defined benefit pension plan contributions	1,600
Postretirement [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	178	188
Interest cost	316	292
Expected return on assets	0	0
Net amortization and deferrals	5	42
Net periodic benefit cost	$ 499	$ 522

Derivative Financial Instruments, Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018	Dec. 30, 2018
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	$ 4,809	$ (6,700)
Not Designated as Hedging Instrument [Member] \| Intercompany Loans [Member]
Derivative [Line Items]
Notional amount of derivative	293,326	132,945	$ 452,773
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member]
Derivative [Line Items]
Notional amount of derivative	$ 776,642	$ 1,273,262	$ 792,840

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	Mar. 31, 2019	Dec. 30, 2018	Apr. 01, 2018
Foreign Exchange Forward [Member]
Derivative [Line Items]
Notional amount of derivative	$ 776,642	$ 792,840	$ 1,273,262
Fair value of hedged item	30,197	26,017	(35,732)
Inventory Purchases [Member]
Derivative [Line Items]
Notional amount of derivative	486,999	468,305	718,925
Fair value of hedged item	21,649	15,089	(31,453)
Sales [Member]
Derivative [Line Items]
Notional amount of derivative	263,221	298,194	375,441
Fair value of hedged item	8,358	11,232	7,323
Royalties and Other [Member]
Derivative [Line Items]
Notional amount of derivative	26,422	26,341	178,896
Fair value of hedged item	$ 190	$ (304)	$ (11,602)

Derivative Financial Instruments, Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type (Details) - Foreign Exchange Forward [Member] - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 30, 2018	Apr. 01, 2018
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Net unrealized gain	$ 2,054	$ (1,551)	$ (736)
Not Designated as Hedging Instrument [Member] \| Prepaid expenses and other current assets [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	2,391	0	0
Unrealized losses	(337)	0	0
Net unrealized gain	2,054	0	0
Not Designated as Hedging Instrument [Member] \| Accrued liabilities [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	0	1,269	383
Unrealized losses	0	(2,820)	(1,119)
Net unrealized gain	0	(1,551)	(736)
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Net unrealized gain	30,197	26,017	(35,732)
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member] \| Prepaid expenses and other current assets [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	22,737	21,718	458
Unrealized losses	(2,008)	(972)	(405)
Net unrealized gain	20,729	20,746	53
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member] \| Other Assets [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	9,752	6,173	5,996
Unrealized losses	(239)	(843)	(3,089)
Net unrealized gain	9,513	5,330	2,907
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member] \| Accrued liabilities [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	0	77	8,218
Unrealized losses	(45)	(136)	(30,826)
Net unrealized gain	(45)	(59)	(22,608)
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member] \| Other liabilities [Member]
Derivatives, Fair Value [Line Items]
Unrealized gains	0	0	2,846
Unrealized losses	0	0	(18,930)
Net unrealized gain	$ 0	$ 0	$ (16,084)

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
	Mar. 31, 2019	Apr. 01, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion	$ 3,610	$ (4,982)
Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion	2,614	(3,891)
Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion	878	332
Royalties and Other [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion	$ 118	$ (1,423)

Leases, Components of Lease Expense (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019 USD ($)
Lease Cost [Abstract]
Operating lease expense	$ 8,942

Leases, Supplemental Information (Details) $ in Thousands	3 Months Ended
Leases, Supplemental Information (Details) $ in Thousands	Mar. 31, 2019 USD ($)
Lessee, Lease Description, [Line Items]
Weighted average remaining lease term, Operating lease	6 years 8 months 12 days
Weighted average discount rate, Operating lease	4.50%
Operating cash flows from operating leases	$ 9,574
Right of use asset obtained in exchange for operating lease liability	$ 23,680
Minimum [Member]
Lessee, Lease Description, [Line Items]
Remaining lease terms, Operating Lease	1 year
Maximum [Member]
Lessee, Lease Description, [Line Items]
Remaining lease terms, Operating Lease	19 years

Leases, Schedule of Maturities of Lease Liabilities (Details) $ in Thousands	Mar. 31, 2019 USD ($)
Operating Lease Liabilities Payments Due [Abstract]
2019, Remainder of fiscal year	$ 26,972
2020	33,756
2021	29,487
2022	27,260
2023	22,093
2024 and thereafter	46,277
Total future lease payments	185,845
Less imputed interest	26,968
Present value of future operating lease payments	158,877
Less current operating lease liabilities	29,534
Non-current operating lease liabilities	129,343
Operating lease right-of-use asset, net	$ 141,075

Segment Reporting, Net revenues by segment (Details) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2019

Apr. 01, 2018

Segment Reporting, Revenue Reconciling Item [Line Items]

Net revenues, external

$ 732,510

$ 716,341

Net revenues, affiliates

Operating Profit (loss)

36,127

(80,419)

Corporate and Eliminations [Member]

Segment Reporting, Revenue Reconciling Item [Line Items]

Net revenues, external

Net revenues, affiliates

(233,289)

(259,091)

Operating Profit (loss)

^[1]

21,732

(17,030)

U.S. and Canada [Member]

Segment Reporting, Revenue Reconciling Item [Line Items]

Net revenues, external

357,851

353,913

Net revenues, affiliates

1,849

2,133

Operating Profit (loss)

13,532

(26,620)

International [Member]

Segment Reporting, Revenue Reconciling Item [Line Items]

Net revenues, external

282,649

287,945

Net revenues, affiliates

Operating Profit (loss)

(30,411)

(56,088)

Entertainment, Licensing and Digital [Member]

Segment Reporting, Revenue Reconciling Item [Line Items]

Net revenues, external

91,994

74,405

Net revenues, affiliates

1,974

3,576

Operating Profit (loss)

30,020

17,143

Global Operations [Member]

Segment Reporting, Revenue Reconciling Item [Line Items]

Net revenues, external

^[2]

Net revenues, affiliates

^[2]

229,425

253,320

Operating Profit (loss)

^[2]

1,254

$ 2,176

Wizards Of The Coast Digital Revenue [Member]

Segment Reporting, Revenue Reconciling Item [Line Items]

Net revenues, external

$ 10,384

Segment Reporting, Additional Information about Entity's Reportable Segments

Wizards of the Coast Digital Operating Profit [Member]

Segment Reporting, Revenue Reconciling Item [Line Items]

Operating Profit (loss)

$ 3,237

Segment Reporting, Additional Information about Entity's Reportable Segments

[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 individ ual operating segments are done at the beginning of the year based on budgeted amounts. Any differences between actual and budgeted amounts are reflected in Corporate and Eliminations because allocations are translated from the U . S . Dollar to local currenc y at budgeted 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 by segments (Details) - USD ($)
$ in Thousands

Mar. 31, 2019

Dec. 30, 2018

Apr. 01, 2018

Segment Reporting, Asset Reconciling Item [Line Items]

Total assets

$ 4,934,773

$ 5,262,988

$ 4,729,072

Corporate and Eliminations [Member]

Segment Reporting, Asset Reconciling Item [Line Items]

Total assets

^[1]

(1,196,889)

(3,684,323)

(4,016,578)

U.S. and Canada [Member]

Segment Reporting, Asset Reconciling Item [Line Items]

Total assets

2,600,873

2,898,816

2,735,206

International [Member]

Segment Reporting, Asset Reconciling Item [Line Items]

Total assets

2,019,800

2,229,053

2,033,928

Entertainment, Licensing and Digital [Member]

Segment Reporting, Asset Reconciling Item [Line Items]

Total assets

804,288

621,595

683,251

Global Operations [Member]

Segment Reporting, Asset Reconciling Item [Line Items]

Total assets

$ 706,701

$ 3,197,847

$ 3,293,265

[1]

Segment Reporting, International Segment Net Revenues (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	$ 732,510	$ 716,341
International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	282,649	287,945
Europe [Member] \| International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	153,379	155,562
Latin America [Member] \| International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	62,777	65,961
Asia Pacific [Member] \| International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	$ 66,493	$ 66,422

Segment Reporting, Revenue by Brand Portfolio (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Revenue from External Customer [Line Items]
Net revenue	$ 732,510	$ 716,341
Franchise Brands [Member]
Revenue from External Customer [Line Items]
Net revenue	393,574	361,706
Partner Brands [Member]
Revenue from External Customer [Line Items]
Net revenue	171,989	200,592
Hasbro Gaming [Member]
Revenue from External Customer [Line Items]
Net revenue	107,565	105,227
Gaming including Magic the Gathering and Monopoly [Member]
Revenue from External Customer [Line Items]
Net revenue	$ 243,390	203,542
Segment Reporting, Additional Information about Entity's Reportable Segments	Hasbro's total gaming category, including all gaming net revenues, most notably MAGIC: THE GATHERING and MONOPOLY, totaled $243,390 and $203,542 for the quarters ended March 31, 2019, and April 1, 2018, respectively.
Emerging Brands [Member]
Revenue from External Customer [Line Items]
Net revenue	$ 59,382	$ 48,816

Restructuring Actions (Details) - USD ($) $ in Thousands	3 Months Ended
Restructuring Actions (Details) - USD ($) $ in Thousands	Apr. 01, 2018	Mar. 31, 2019	Dec. 30, 2018
Restructuring Charges [Abstract]
Pre-tax restructuring charges relating to severance and other employee costs	$ 17,349
Cost of commercial reorganization liability remaining on the consolidated balance sheet		$ 61,572	$ 69,192
Severance payments, total		$ (7,620)
Severance expense recorded, fourth quarter			$ 72,000