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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 28, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
The following table reflects our indefinite-lived intangible assets, including goodwill and our definite-lived intangible assets along with related accumulated amortization by major category (U.S. dollars in millions):

 
December 28, 2018
 
December 29, 2017
Goodwill
$
423.4

 
$
261.9

Indefinite-lived intangible assets:


 


Trademarks
31.9

 
43.3

Definite-lived intangible assets:


 


Definite-lived intangible assets
150.4

 
10.7

Accumulated amortization
(15.4
)
 
(8.1
)
Definite-lived intangible assets, net
135.0

 
2.6

Goodwill and other intangible assets, net
$
590.3

 
$
307.8
Schedule of Goodwill
The following table reflects the changes in the carrying amount of goodwill by business segment (U.S. dollars in millions):

 
Bananas
 
Other fresh produce
 
Prepared food
 
Totals
  Goodwill
$
64.2

 
$
284.8

 
$
78.3

 
$
427.3

  Accumulated impairment losses
—

 
(88.1
)
 
(78.3
)
 
(166.4
)
Balance at December 30, 2016
$
64.2

 
$
196.7

 
$
—

 
$
260.9

 
 
 
 
 
 
 
 
Foreign exchange and other
0.5

 
0.5

 
—

 
1

 
 
 
 
 
 
 
 
  Goodwill
$
64.7

 
$
285.3

 
$
—

 
$
350.0

  Accumulated impairment losses
—

 
(88.1
)
 
—

 
(88.1
)
Balance at December 29, 2017
$
64.7

 
$
197.2

 
$
—

 
$
261.9

 
 
 
 
 
 
 
 
Foreign exchange and other
(0.2
)
 
(0.3
)
 
—

 
(0.5
)
Acquisition of Mann Packing (1)
—

 
113.2

 
48.8

 
162.0

 
 
 
 
 
 
 
 
  Goodwill
$
64.7

 
$
285.3

 
$
—

 
$
350.0

  Accumulated impairment losses
—

 
(88.1
)
 
—

 
(88.1
)
Balance at December 28, 2018
$
64.5

 
$
310.1

 
$
48.8

 
$
423.4

 

(1) See Note 4 "Acquisitions" for further discussion on acquisitions.
Schedule of Sensitivities of Goodwill and Intangible Assets at Risk
The following table highlights the sensitivities of the indefinite-lived intangibles as of December 28, 2018 (U.S. dollars in millions):

 
Banana
Reporting Unit
Goodwill
 
DEL MONTE® 
Prepared Food Reporting Unit 
Trade Names and Trademarks
Carrying value of indefinite-lived intangible assets
$
64.5

 
$
31.9

 
 
 
 
Approximate percentage by which the fair value exceeds the carrying value based on the annual impairment test as of first day of the fourth quarter
30.0
%
 
—
%
 
 
 
 
Amount that a one percentage point increase in the discount rate and a 10% decrease in cash flows would cause the carrying value to exceed the fair value and trigger an impairment
$
19.0

 
$
5.2
Schedule of Expected Amortization Expense
The estimated amortization expense related to definite-lived intangible assets for the five succeeding years is as follows (U.S. dollars in millions):
 
Year
Estimated amortization expense
2019
8.1

2020
8.0

2021
7.8

2022
7.8

2023
6.9