XML 43 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Jun. 27, 2014
Dec. 27, 2013
Current assets:    
Cash and cash equivalents $ 47.5 $ 42.5
Trade accounts receivable, net of allowance of $9.0 and $8.3, respectively 402.3 338.8
Other accounts receivable, net of allowance of $5.9 and $6.1, respectively 61.0 59.3
Inventories, net 463.9 533.1
Deferred income taxes 11.8 10.8
Prepaid expenses and other current assets 37.6 31.1
Total current assets 1,024.1 1,015.6
Investments in and advances to unconsolidated companies 2.1 2.1
Property, plant and equipment, net 1,147.8 1,101.2
Deferred income taxes 54.5 52.4
Other noncurrent assets 85.4 86.5
Goodwill 331.5 331.4
Total assets 2,645.4 2,589.2
Current liabilities:    
Accounts payable and accrued expenses 382.2 356.0
Current portion of long-term debt and capital lease obligations 1.7 2.8
Deferred income taxes 15.7 15.7
Income taxes and other taxes payable 16.0 8.1
Total current liabilities 415.6 382.6
Long-term debt and capital lease obligations 180.3 248.6
Retirement benefits 79.2 80.4
Other noncurrent liabilities 50.8 47.2
Deferred income taxes 77.6 79.2
Total liabilities 803.5 838.0
Commitments and contingencies      
Shareholders' equity:    
Preferred shares, $0.01 par value; 50,000,000 shares authorized; none issued or outstanding 0 0
Ordinary shares, $0.01 par value; 200,000,000 shares authorized; 55,481,349 and 56,218,437 issued and outstanding, respectively 0.6 0.6
Paid-in capital 533.1 530.1
Retained earnings 1,269.6 1,185.8
Accumulated other comprehensive loss (1.0) [1] (3.4) [1]
Total Fresh Del Monte Produce Inc. shareholders' equity 1,802.3 1,713.1
Noncontrolling interests 39.6 38.1
Total shareholders' equity 1,841.9 1,751.2
Total liabilities and shareholders' equity $ 2,645.4 $ 2,589.2
[1] All amounts are net of tax and noncontrolling interest.