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Asset Impairment and Other Charges, Net (Tables)
6 Months Ended
Jun. 27, 2014
Asset Impairment and Other Charges, Net [Abstract]  
Asset Impairment and Other Charges
The following represents a summary of asset impairment and other charges (credits), net recorded during the quarters and six months ended June 27, 2014 and June 28, 2013 (U.S. dollars in millions):

 
 
Quarter ended
 
Six months ended
 
June 27, 2014
 
June 27, 2014
 
Long-lived
and other
asset
impairment (credits)
 
 
Exit activity
and other
charges
 
Total
 
Long-lived
and other
asset
impairment (credits)
 
 
Exit activity
and other
charges (credits)
 
Total
Banana segment:
 
 
 
 
 
 
 
 
 
 
 
Brazil termination of employee benefits due to decision to discontinue banana exports
$
—

 
$
1.0

 
$
1.0

 
$
—

 
$
1.1

 
$
1.1

United Kingdom contract termination on leased facility
—

 
0.7

 
0.7

 
—

 
0.7

 
0.7

Other fresh produce segment:
 

 
 

 
 

 
 

 
 

 
 

Hawaii favorable settlement of litigation
—

 
—

 
—

 
—

 
(2.9
)
 
(2.9
)
Intangible asset write-off
—

 
—

 
—

 
0.3

 
—

 
0.3

United Kingdom termination of employee benefits due to restructuring
$
—

 
$
0.1

 
0.1

 
$
—

 
$
0.1

 
0.1

Prepared food segment:
 
 
 
 
 
 
 
 
 
 
 
Germany termination of employee benefits due to restructuring
—

 
0.2

 
0.2

 
—

 
0.6

 
0.6

Total asset impairment and other charges (credits), net
$
—

 
$
2.0

 
$
2.0

 
$
0.3

 
$
(0.4
)
 
$
(0.1
)

3.  Asset Impairment and Other Charges (Credits), Net (continued)
 
 
 
 
 
 
 
 
 
 
 
 
 
Quarter ended
 
Six months ended
 
June 28, 2013
 
June 28, 2013
 
Long-lived
and other
asset
impairment
 
 
Exit activity
and other
charges
 
Total
 
Long-lived
and other
asset
impairment
 
 
Exit activity
and other
charges (credits)
 
Total
Banana segment:
 
 
 
 
 
 
 
 
 
 
 
Germany under-utilized distribution center
$
—

 
$
0.9

 
$
0.9

 
$
—

 
$
0.9

 
$
0.9

Costa Rica underperforming assets
4.0

 
—

 
4.0

 
4.0

 
—

 
4.0

Other fresh produce segment:
 

 
 
 
 

 
 

 
 

 
 

Brazil previously announced decision to discontinue pineapple and melon operations
7.1

 
—

 
7.1

 
7.1

 
—

 
7.1

Central America melon program rationalization
0.3

 
—

 
0.3

 
0.3

 
—

 
0.3

Reversal of previously accrued exit activity charges in Hawaii
—

 
(0.4
)
 
(0.4
)
 
—

 
(0.3
)
 
(0.3
)
Total asset impairment and other charges, net
$
11.4

 
$
0.5

 
$
11.9

 
$
11.4

 
$
0.6

 
$
12.0

Rollforward of 2013 Exit Activity and Other Reserves
The following is a rollforward of 2014 exit activity and other reserves (U.S. dollars in millions):
 
 
Exit activity and
other reserve
balance at
December 27,
2013
 
Impact to
Earnings
 
Cash Paid
 
Foreign Exchange Impact
 
Exit activity and
other reserve
balance at
June 27,
2014
Termination benefits
$
1.0

 
$
1.8

 
$
(1.9
)
 
$
—

 
$
0.9

Contract termination and other exit activity charges
2.8

 
0.7

 
(0.7
)
 
—

 
2.8

 
$
3.8

 
$
2.5

 
$
(2.6
)
 
$
—

 
$
3.7