sys.displayhook()

sys.displayhook(value)

If value is not None, this function prints repr(value) to sys.stdout, and saves value in builtins._. If repr(value) is not encodable to sys.stdout.encoding with sys.stdout.errors error handler (which is probably 'strict'), encode it to sys.stdout.encoding with 'backslashreplace' error handler.

sys.displayhook is called on the result of evaluating an expression entered in an interactive Python session. The display of these values can be customized by assigning another one-argument function to sys.displayhook.

Pseudo-code:

def displayhook(value):
    if value is None:
        return
    # Set '_' to None to avoid recursion
    builtins._ = None
    text = repr(value)
    try:
        sys.stdout.write(text)
    except UnicodeEncodeError:
        bytes = text.encode(sys.stdout.encoding, 'backslashreplace')
        if hasattr(sys.stdout, 'buffer'):
            sys.stdout.buffer.write(bytes)
        else:
            text = bytes.decode(sys.stdout.encoding, 'strict')
            sys.stdout.write(text)
    sys.stdout.write("\n")
    builtins._ = value