Asset Impairment and Other Charges, Net

The following represents a summary of asset impairment and other charges, net recorded during the quarters and nine months ended September 29, 2017 and September 30, 2016 (U.S. dollars in millions):



	Quarter ended						Nine months ended
	September 29, 2017						September 29, 2017
	Long-lived and other asset impairment		Other charges/(credits)		Total		Long-lived and other asset impairment		Other charges/(credits)			Total
Banana segment:
Chile floods clean up costs	$	—	$	0.7	$	0.7	$	—	$	0.7		$	0.7
Philippines floods	—		—		—		0.8		—			0.8
Underutilized assets in Central America	—		—		—		0.6		—			0.6
Chile floods	—		—		—		0.8		—			0.8
Other fresh produce segment:
Chile insurance proceeds on floods	—		—		—		—		(2.2		)	(2.2		)
Total asset impairment and other charges (credits), net	$	—	$	0.7	$	0.7	$	2.2	$	(1.5	)	$	0.7

	Quarter ended						Nine months ended
	September 30, 2016						September 30, 2016
	Long-lived and other asset impairment		Exit activity and other charges		Total		Long-lived and other asset impairment		Exit activity and other charges			Total
Banana segment:
United Kingdom contract termination cost	$	—	$	0.7	$	0.7	$	—	$	0.7		$	0.7
Brazil exit activities due to drought conditions	2.2		0.2		2.4		2.2		0.2			2.4
Philippines plantation conversion to pineapple	—		—		—		2.5		—			2.5
Underutilized assets in Central America	0.6		—		0.6		1.2		—			1.2
Prepared food segment:
Poultry goodwill impairment due to underperformance	2.6		—		2.6		2.6		—			2.6
Other:
President/COO transition	—		18.7		18.7		—		18.7			18.7
Total asset impairment and other charges (credits), net	$	5.4	$	19.6	$	25.0	$	8.5	$	19.6		$	28.1

3. Asset Impairment and Other Charges, Net (continued)

Exit Activity and Other Reserves

Exit activity and other reserve balances are recorded in the Consolidated Balance Sheets 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		Cash paid			Foreign exchange impact			Exit activity and other reserve balance at September 29, 2017
Contract termination and other exit activity charges	$	1.0	$	(0.4	)	$	(0.1	)	$	0.5
	$	1.0	$	(0.4	)	$	(0.1	)	$	0.5

The exit activity and other reserve balance at September 29, 2017 includes $0.5 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 activities mentioned above that would significantly impact our results of operations or financial condition.