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Fair Value Measurements (Tables)
12 Months Ended
Dec. 30, 2016
Fair Value Disclosures [Abstract]  
Fair Values of Assets and Liabilities Measured on a Recurring Basis
The following table provides a summary of the fair values of our derivative financial instruments measured on a recurring basis under “Fair Value Measurements and Disclosures” (U.S. dollars in millions):
 
 
Fair Value Measurements
 
Foreign currency hedge assets
 
December 30, 2016
 
January 1, 2016
Quoted Prices in Active Markets for Identical Assets (Level 1)
$

 
$

 
 
 
 
Significant Other Observable Inputs (Level 2)
5.4

 
11.9

 
 
 
 
Significant Unobservable Inputs (Level 3)

 

Fair Values of Assets and Liabilities Measured on a Non-Recurring Basis
The following is a tabular presentation of the non-recurring fair value measurement along with the level within the fair value hierarchy in which the fair value measurement in its entirety falls (U.S. dollars in millions):
 
 
Fair Value Measurements for the year ended
January 1, 2016
 
Total
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Guatemala banana plantation assets held for sale
$
1.8

 
$

 
$

 
$
1.8

 
$
1.8

 
$

 
$

 
$
1.8

The following is a tabular presentation of the non-recurring fair value measurement along with the level within the fair value hierarchy in which the fair value measurement in its entirety falls (U.S. dollars in millions):
 
 
Fair Value Measurements for the year ended
December 30, 2016
 
Total
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Underutilized assets in Central America
$
1.0

 
$

 
$

 
$
1.0

 
 
 
 
 
 
 
 
Philippines plantation conversion to pineapple
0.3

 

 

 
0.3

 
$
1.3

 
$

 
$

 
$
1.3