XML 35 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
Asset Impairment and Other Credits, Net (Tables)
 3 Months Ended
Mar. 31, 2017
Asset Impairment and Other Charges, Net [Abstract]  
Summary of asset impairment and exit activity and other charges (credits)
The following represents a summary of asset impairment and other credits, net recorded during the quarter ended March 31, 2017 (U.S. dollars in millions):
 
 
Quarter ended
 
March 31, 2017
 
Long-lived
and other
asset
impairment
 
 
Other
credits
 
Total
Banana segment:
 
 
 
 
 
Philippines floods
$
0.3

 
$
—

 
$
0.3

Other fresh produce segment:
 

 
 
 
 

Chile insurance proceeds on floods
—

 
(2.2
)
 
(2.2
)
Total asset impairment and other charges, net
$
0.3

 
$
(2.2
)
 
$
(1.9
)
Rollforward of exit activity and other reserves
The following is a rollforward of 2017 exit activity and other reserves (U.S. dollars in millions):
 
Exit activity and
other reserve
balance at
December 30, 2016
 
Impact to
earnings
 
Cash paid
 
Foreign exchange impact
 
Exit activity and
other reserve
balance at
March 31,
2017
Contract termination and other exit activity charges
$
1.0

 
$
—

 
$
(0.2
)
 
$
(0.1
)
 
$
0.7

 
$
1.0

 
$
—

 
$
(0.2
)
 
$
(0.1
)
 
$
0.7