Asset Impairment and Other Charges, Net (Tables)

9 Months Ended

Sep. 26, 2014

Asset Impairment and Other Charges, Net [Abstract]

Asset Impairment and Other Charges

The following represents a summary of asset impairment and other charges, net recorded during the quarters and nine months ended September 26, 2014 and September 27, 2013 (U.S. dollars in millions):

	Quarter ended						Nine months ended
	September 26, 2014						September 26, 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	$	—	$	0.2	$	0.2	$	—	$	1.3		$	1.3
United Kingdom contract termination on leased facility	—		—		—		—		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
Prepared food segment:
Germany termination of employee benefits due to restructuring	—		—		—		—		0.6			0.6
Total asset impairment and other charges (credits), net	$	—	$	0.2	$	0.2	$	0.3	$	(0.2	)	$	0.1

3.  Asset Impairment and Other Charges, Net (continued)

	Quarter ended								Nine months ended
	September 27, 2013								September 27, 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:
United Kingdom gain on previously impaired assets	$	(2.5	)	$	—	$	(2.5	)	$	(2.5	)	$	—		$	(2.5	)
Costa Rica underperforming assets	—			—		—			4.0			—			4.0
Germany under-utilized distribution center	0.7			—		0.7			0.7			0.9			1.6
Philippines underperforming assets	0.7			—		0.7			0.7			—			0.7
Poland under-utilized distribution center	—			0.2		0.2			—			0.2			0.2
Other fresh produce segment:
North America settlement of unfavorable outcome to breach of contract litigation	—			1.0		1.0			—			1.0			1.0
Brazil previously announced decision to discontinue pineapple and melon operations	—			—		—			7.1			—			7.1
Central America melon program rationalization	—			—		—			0.3			—			0.3
Reversal of previously accrued exit activity charges in Hawaii	—			—		—			—			(0.3		)	(0.3		)
Total asset impairment and other charges, net	$	(1.1	)	$	1.2	$	0.1		$	10.3		$	1.8		$	12.1

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 September 26, 2014
Termination benefits	$	1.0	$	2.0	$	(2.7	)	$	—	$	0.3
Contract termination and other exit activity charges	2.8		0.7		(1.1		)	—		2.4
	$	3.8	$	2.7	$	(3.8	)	$	—	$	2.7