XML 12 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jul. 01, 2016
Jan. 01, 2016
Current assets:    
Cash and cash equivalents $ 42.8 $ 24.9
Trade accounts receivable, net of allowance of $8.7 and $9.3, respectively 346.7 346.1
Other accounts receivable, net of allowance of $7.7 and $7.9, respectively 67.2 71.3
Inventories, net 424.0 481.9
Deferred income taxes 0.0 11.9
Prepaid expenses and other current assets 41.2 49.7
Total current assets 921.9 985.8
Investments in and advances to unconsolidated companies 2.0 2.0
Property, plant and equipment, net 1,247.8 1,215.4
Deferred income taxes 56.3 42.6
Goodwill 263.2 263.7
Other noncurrent assets 93.0 86.6
Total assets 2,584.2 2,596.1
Current liabilities:    
Accounts payable and accrued expenses 336.8 359.1
Current portion of long-term debt and capital lease obligations 0.5 1.5
Deferred income taxes 0.0 14.9
Income taxes and other taxes payable 18.6 6.3
Total current liabilities 355.9 381.8
Long-term debt and capital lease obligations 191.9 252.7
Retirement benefits 88.1 86.5
Other noncurrent liabilities 49.2 50.1
Deferred income taxes 90.0 74.1
Total liabilities 775.1 845.2
Commitments and contingencies
Shareholders' equity:    
Preferred shares, $0.01 par value; 50,000,000 shares authorized; none issued or outstanding 0.0 0.0
Ordinary shares, $0.01 par value; 200,000,000 shares authorized; 51,233,897 and 52,542,965 issued and outstanding, respectively 0.5 0.5
Paid-in capital 533.1 568.2
Retained earnings 1,282.5 1,162.3
Accumulated other comprehensive loss 31.6 23.0
Total Fresh Del Monte Produce Inc. shareholders' equity 1,784.5 1,708.0
Noncontrolling interests 24.6 42.9
Total shareholders' equity 1,809.1 1,750.9
Total liabilities and shareholders' equity $ 2,584.2 $ 2,596.1