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Property, Plant and Equipment, Net
12 Months Ended
Dec. 28, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net
 
Property, plant and equipment consisted of the following (U.S. dollars in millions):
 
 
December 28, 2018
 
December 29, 2017
Land and land improvements
$
702.9

 
$
716.9

Buildings and leasehold improvements
586.0

 
561.3

Machinery and equipment
603.6

 
547.3

Maritime equipment (including containers)
117.2

 
148.6

Furniture, fixtures and office equipment
97.2

 
94.3

Automotive equipment
77.1

 
77.0

Construction-in-progress
159.2

 
85.1

 
2,343.2

 
2,230.5

Less:  accumulated depreciation and amortization
(951.0
)
 
(902.2
)
Property, plant and equipment, net
$
1,392.2

 
$
1,328.3

 

Depreciation expense on property, plant and equipment, including assets under capital leases, was $92.2 million for 2018, $78.3 million for 2017 and $76.8 million for 2016.
 
Shipping containers, machinery and equipment and automotive equipment under capital leases totaled $1.4 million at December 28, 2018 and $2.7 million at December 29, 2017. Accumulated amortization for assets under capital leases was $0.4 million at December 28, 2018 and $1.4 million at December 29, 2017.
 





6. Property, Plant and Equipment, Net (continued)

The (gain) loss on disposal of property, plant and equipment was a gain of $7.1 million for 2018, a loss of $3.0 million for 2017 and zero for 2016. (Gain) loss on disposal of property, plant and equipment in 2018 comprised principally of the gain on the sale of surplus land in the United Kingdom, the gain on the sale of a refrigerated vessel and the gain on the sale of surplus plant and equipment principally in Chile, Brazil and the Philippines. Also included were losses on disposal of low-yielding banana plants in Costa Rica and Guatemala in order to replant and improve productivity, the disposal of non-tropical plants in Chile due to varietal changes and a loss on the sale of tomato assets in the State of Virginia. In 2017, the (gain) loss on disposal of property,
plant and equipment primarily included charges related to losses on disposal of low-yielding banana plants in Costa Rica and Guatemala in order to replant and improve productivity, asset disposals in the Middle East and South America partially offset by gains on maritime equipment sales.