XML 41 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Mar. 27, 2015
Dec. 26, 2014
Current assets:    
Cash and cash equivalents $ 28.6us-gaap_CashAndCashEquivalentsAtCarryingValue $ 34.1us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade accounts receivable, net of allowance of $12.3 and $10.7, respectively 387.0us-gaap_AccountsReceivableNetCurrent 344.6us-gaap_AccountsReceivableNetCurrent
Other accounts receivable, net of allowance of $4.4 and $4.5, respectively 75.5us-gaap_OtherReceivablesNetCurrent 69.0us-gaap_OtherReceivablesNetCurrent
Inventories, net 529.8us-gaap_InventoryNet 516.1us-gaap_InventoryNet
Deferred income taxes 14.1us-gaap_DeferredTaxAssetsNetCurrent 12.3us-gaap_DeferredTaxAssetsNetCurrent
Prepaid expenses and other current assets 73.0us-gaap_PrepaidExpenseAndOtherAssetsCurrent 64.8us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 1,108.0us-gaap_AssetsCurrent 1,040.9us-gaap_AssetsCurrent
Investments in and advances to unconsolidated companies 2.0us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures 2.0us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
Property, plant and equipment, net 1,170.8us-gaap_PropertyPlantAndEquipmentNet 1,170.2us-gaap_PropertyPlantAndEquipmentNet
Deferred income taxes 44.9us-gaap_DeferredTaxAssetsNetNoncurrent 45.8us-gaap_DeferredTaxAssetsNetNoncurrent
Other noncurrent assets 87.7us-gaap_OtherAssetsNoncurrent 85.9us-gaap_OtherAssetsNoncurrent
Goodwill 330.0us-gaap_Goodwill 330.5us-gaap_Goodwill
Total assets 2,743.4us-gaap_Assets 2,675.3us-gaap_Assets
Current liabilities:    
Accounts payable and accrued expenses 381.4us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 382.1us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Current portion of long-term debt and capital lease obligations 2.6us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 2.2us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Deferred income taxes 18.2us-gaap_DeferredTaxLiabilitiesCurrent 18.3us-gaap_DeferredTaxLiabilitiesCurrent
Income taxes and other taxes payable 10.9us-gaap_TaxesPayableCurrent 6.8us-gaap_TaxesPayableCurrent
Total current liabilities 413.1us-gaap_LiabilitiesCurrent 409.4us-gaap_LiabilitiesCurrent
Long-term debt and capital lease obligations 339.2us-gaap_LongTermDebtAndCapitalLeaseObligations 264.7us-gaap_LongTermDebtAndCapitalLeaseObligations
Retirement benefits 89.3us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent 89.8us-gaap_PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
Other noncurrent liabilities 48.4us-gaap_OtherLiabilitiesNoncurrent 49.5us-gaap_OtherLiabilitiesNoncurrent
Deferred income taxes 74.8us-gaap_DeferredTaxLiabilitiesNoncurrent 74.0us-gaap_DeferredTaxLiabilitiesNoncurrent
Total liabilities 964.8us-gaap_Liabilities 887.4us-gaap_Liabilities
Commitments and contingencies      
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; 52,604,343 and 53,899,923 issued and outstanding, respectively 0.5us-gaap_CommonStockValue 0.5us-gaap_CommonStockValue
Paid-in capital 546.1us-gaap_AdditionalPaidInCapitalCommonStock 546.4us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 1,186.2us-gaap_RetainedEarningsAccumulatedDeficit 1,198.4us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss 4.1us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax [1] 2.6us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax [1]
Total Fresh Del Monte Produce Inc. shareholders' equity 1,736.9us-gaap_StockholdersEquity 1,747.9us-gaap_StockholdersEquity
Noncontrolling interests 41.7us-gaap_MinorityInterest 40.0us-gaap_MinorityInterest
Total shareholders' equity 1,778.6us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 1,787.9us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and shareholders' equity $ 2,743.4us-gaap_LiabilitiesAndStockholdersEquity $ 2,675.3us-gaap_LiabilitiesAndStockholdersEquity
[1] All amounts are net of tax and noncontrolling interest.