Asset Impairment and Other Charges, Net (Tables)

6 Months Ended

Jun. 29, 2018

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 charges, net recorded during the quarter and six months ended June 29, 2018 (U.S. dollars in millions):

	Quarter ended								Six months ended
	June 29, 2018								June 29, 2018
	Long-lived and other asset impairment		Exit activity and other charges				Total		Long-lived and other asset impairment		Exit activity and other charges/(credits)					Total
Banana segment:
Philippine exit activities of certain low-yield areas	$	18.3	$	—			$	18.3	$	18.3	$	—				$	18.3
Other fresh produce segment:
Chile severance due to restructuring as a result of cost reduction initiatives	—		1.6				1.6		—		1.6					1.6
Acquisition costs related to Mann Packing	—		0.1		(1	)	0.1		—		2.6			(1	)	2.6
Sanger insurance recoveries due to inclement weather conditions	—		—				—		—		(0.9		)			(0.9		)
Other fresh produce segment charges	—		0.3				0.3		—		0.3					0.3
Total asset impairment and other charges, net	$	18.3	$	2.0			$	20.3	$	18.3	$	3.6				$	21.9
	Quarter ended								Six months ended
	June 30, 2017								June 30, 2017
	Long-lived and other asset impairment		Exit activity and other charges				Total		Long-lived and other asset impairment		Exit activity and other charges/(credits)					Total
Banana segment:
Philippines floods	$	0.5	$	—			$	0.5	$	0.8	$	—				$	0.8
Chile floods	0.8		—				0.8		0.8		—					0.8
Underutilized assets in Central America	0.6		—				0.6		0.6		—					0.6
Other fresh produce segment:
Chile insurance proceeds on floods	—		—				—				(2.2		)			(2.2		)
Total asset impairment and other charges (credits), net	$	1.9	$	—			$	1.9	$	2.2	$	(2.2	)			$	—

(1) Acquisition costs relate to the Mann Packing Acquisition. Refer to Note 5, "Acquisition."

Rollforward of exit activity and other reserves

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		Impact to earnings		Cash paid			Foreign exchange impact		Exit activity and other reserve balance at June 29, 2018
Termination benefits	$	—	$	1.6	$	(1.6	)	$	—	$	—
Contract termination and other exit activity charges	0.3		—		(0.3		)	—		—
	$	0.3	$	1.6	$	(1.9	)	$	—	$	—