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Asset Impairment and Other Charges, Net
3 Months Ended
Apr. 01, 2016
Asset Impairment and Other Charges, Net [Abstract]  
Asset Impairment and Other Charges, Net
Asset Impairment and Other Charges, Net
 
During the quarter ended April 1, 2016 there were no charges recorded for asset impairment and exit activity and other charges. The following represents a summary of asset impairment and exit activity and other charges, net recorded during the quarter ended March 27, 2015 (U.S. dollars in millions):

 
 
Quarter ended
 
March 27, 2015
 
Long-lived
and other
asset
impairment (credits)
 
 
Exit activity
and other
charges (credits)
 
Total
Other fresh produce segment:
 
 
 
 
 

Chile floods
$
1.2

 
$

 
$
1.2

Other fresh produce segment charges (credits)

 
(0.1
)
 
(0.1
)
Prepared food segment:
 
 
 
 
 
Other prepared food segment charges
0.2

 
0.1

 
0.3

Total asset impairment and other charges (credits), net
$
1.4

 
$

 
$
1.4




Exit Activity and Other Reserves

Exit activity and other reserve balances are recorded in the Consolidated Balance Sheets included in accounts payable and accrued expenses, for the current portion and in other noncurrent liabilities for the noncurrent portion.

The following is a rollforward of 2016 exit activity and other reserves (U.S. dollars in millions):
 
 
Exit activity and
other reserve
balance at
January 1, 2016
 
Impact to
earnings
 
Cash paid
 
Foreign exchange impact
 
Exit activity and
other reserve
balance at
April 1,
2016
Contract termination and other exit activity charges
$
1.1

 
$

 
$
(0.2
)
 
$

 
$
0.9

 
$
1.1

 
$

 
$
(0.2
)
 
$

 
$
0.9



The exit activity and other reserve balance at April 1, 2016 relates to contract termination costs for an underutilized facility in the United Kingdom. We do not expect additional charges related to the exit and other activities mentioned above that would significantly impact our results of operations or financial condition.