XML 68 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 26, 2014
Dec. 27, 2013
Current assets:    
Cash and cash equivalents $ 34.1us-gaap_CashAndCashEquivalentsAtCarryingValue $ 42.5us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade accounts receivable, net of allowance of $10.7 and $8.3, respectively 344.6us-gaap_AccountsReceivableNetCurrent 338.8us-gaap_AccountsReceivableNetCurrent
Other accounts receivable, net of allowance of $4.5 and $6.1, respectively 69.0us-gaap_OtherReceivablesNetCurrent 59.3us-gaap_OtherReceivablesNetCurrent
Inventories 516.1us-gaap_InventoryNet 533.1us-gaap_InventoryNet
Deferred income taxes 12.3us-gaap_DeferredTaxAssetsNetCurrent 10.8us-gaap_DeferredTaxAssetsNetCurrent
Prepaid expenses and other current assets 64.8us-gaap_PrepaidExpenseAndOtherAssetsCurrent 31.1us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 1,040.9us-gaap_AssetsCurrent 1,015.6us-gaap_AssetsCurrent
Investments in and advances to unconsolidated companies 2.0us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures 2.1us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
Property, plant and equipment, net 1,170.2us-gaap_PropertyPlantAndEquipmentNet 1,101.2us-gaap_PropertyPlantAndEquipmentNet
Deferred income taxes 45.8us-gaap_DeferredTaxAssetsNetNoncurrent 52.4us-gaap_DeferredTaxAssetsNetNoncurrent
Other noncurrent assets 85.9us-gaap_OtherAssetsNoncurrent 86.5us-gaap_OtherAssetsNoncurrent
Goodwill 330.5us-gaap_Goodwill 331.4us-gaap_Goodwill
Total assets 2,675.3us-gaap_Assets 2,589.2us-gaap_Assets
Current liabilities:    
Accounts payable and accrued expenses 382.1us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 356.0us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Current portion of long-term debt and capital lease obligations 2.2us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 2.8us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Deferred income taxes 18.3us-gaap_DeferredTaxLiabilitiesCurrent 15.7us-gaap_DeferredTaxLiabilitiesCurrent
Income taxes and other taxes payable 6.8us-gaap_TaxesPayableCurrent 8.1us-gaap_TaxesPayableCurrent
Total current liabilities 409.4us-gaap_LiabilitiesCurrent 382.6us-gaap_LiabilitiesCurrent
Long-term debt and capital lease obligations 264.7us-gaap_LongTermDebtAndCapitalLeaseObligations 248.6us-gaap_LongTermDebtAndCapitalLeaseObligations
Retirement benefits 89.8us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent 80.4us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
Other noncurrent liabilities 49.5us-gaap_OtherLiabilitiesNoncurrent 47.2us-gaap_OtherLiabilitiesNoncurrent
Deferred income taxes 74.0us-gaap_DeferredTaxLiabilitiesNoncurrent 79.2us-gaap_DeferredTaxLiabilitiesNoncurrent
Total liabilities 887.4us-gaap_Liabilities 838.0us-gaap_Liabilities
Shareholders' equity:    
Preferred shares, $0.01 par value; 50,000,000 shares authorized; none issued or outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Ordinary shares, $0.01 par value; 200,000,000 shares authorized; 53,889,923 and 56,218,437 issued and outstanding, respectively 0.5us-gaap_CommonStockValue 0.6us-gaap_CommonStockValue
Paid-in capital 546.4us-gaap_AdditionalPaidInCapitalCommonStock 530.1us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 1,198.4us-gaap_RetainedEarningsAccumulatedDeficit 1,185.8us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive (loss) income 2.6us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax [1] (3.4)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax [1]
Total Fresh Del Monte Produce Inc. shareholders' equity 1,747.9us-gaap_StockholdersEquity 1,713.1us-gaap_StockholdersEquity
Noncontrolling interests 40.0us-gaap_MinorityInterest 38.1us-gaap_MinorityInterest
Total shareholders' equity 1,787.9us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 1,751.2us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and shareholders' equity $ 2,675.3us-gaap_LiabilitiesAndStockholdersEquity $ 2,589.2us-gaap_LiabilitiesAndStockholdersEquity
[1] All amounts are net of tax and noncontrolling interests.