Asset Impairment and Other Credits, Net

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	)

During the quarter ended April 1, 2016 there were no charges recorded for asset impairment and other credits, net.

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 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

The exit activity and other reserve balance at March 31, 2017 include $0.7 million related to contract termination costs for an underutilized facility in the United Kingdom which relates to previous periods. 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.