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Asset Impairment and Other Charges (Credits), Net
 3 Months Ended
Mar. 30, 2018
Asset Impairment and Other Charges, Net [Abstract]  
Asset Impairment and Other Charges (Credits), Net
Asset Impairment and Other Charges (Credits), Net

The following represents a summary of asset impairment and other charges (credits), net recorded during the quarter ended March 30, 2018 and quarter ended March 31, 2017 (U.S. dollars in millions):
 
 
Quarter ended
 
Quarter ended
 
March 30, 2018
 
March 31, 2017
 
Long-lived
and other
asset
impairment
 
 
Other
charges/(credits)
 
Total
 
Long-lived
and other
asset
impairment
 
 
Other
charges/(credits)
 
Total
Banana segment:
 
 
 
 
 
 
 
 
 
 
 
Philippines floods
—

 
—

 
—

 
0.3

 
—

 
0.3

Other fresh produce segment:
 

 
 
 
 

 
 
 
 
 
 

Chile insurance proceeds on
floods
—

 
—

 
—

 
—

 
(2.2
)
 
(2.2
)
Acquisition costs related to
Mann Packing
—

 
2.5

(1 
) 
2.5

 
—

 
—

 
—

U.S. insurance recoveries due to inclement weather conditions
—

 
(0.9
)
 
(0.9
)
 
—

 
—

 
—

Total asset impairment and
other charges (credits), net
$
—

 
$
1.6

 
$
1.6

 
$
0.3

 
$
(2.2
)
 
$
(1.9
)

(1) Acquisition costs relate to the Mann Packing Acquisition. Refer to Note 5, "Acquisition."
4.  Asset Impairment and Other Charges (Credits), 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 2018 exit activity and other reserves (U.S. dollars in millions):
 
Exit activity and
other reserve
balance at
December 29, 2017
 
Cash paid
 
Foreign exchange impact
 
Exit activity and
other reserve
balance at
March 30,
2018
Contract termination and other exit activity charges
$
0.3

 
$
(0.1
)
 
$
—

 
$
0.2

 
$
0.3

 
$
(0.1
)
 
$
—

 
$
0.2



The exit activity and other reserve balance as of March 30, 2018 includes $0.2 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.