Asset Impairment and Other Charges, Net (Tables)

3 Months Ended

Mar. 29, 2019

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 quarters ended March 29, 2019 and March 30, 2018 (U.S. dollars in millions):

	Quarter ended						Quarter ended
	March 29, 2019						March 30, 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	$	—	$	0.2	$	0.2	$	—	$	—				$	—
Fresh and value-added products:
Acquisition costs related to Mann Packing (1)	—		—		—		—		2.5			(1	)	2.5
Sanger insurance recoveries due to inclement weather conditions	—		—		—		—		(0.9		)			(0.9		)
Impairment of equity investment (2)	2.8		—		2.8		—		—					—
Total asset impairment and other charges, net	$	2.8	$	0.2	$	3.0	$	—	$	1.6				$	1.6

(1) Acquisition costs relate to the Mann Packing Co. Inc. and subsidiaries ("Mann Packing") Acquisition. Refer to Note 4, "Acquisition."

(2) Equity investment relates to our 10% equity ownership interest in Three Limes, Inc., d/b/a The Purple Carrot. Refer to Note 16, "Fair Value Measurements."

Rollforward of exit activity and other reserves

The following is a rollforward of 2019 exit activity and other reserves (U.S. dollars in millions):

	Exit activity and other reserve balance at December 28, 2018		Impact to earnings		Cash paid			Foreign exchange impact		Exit activity and other reserve balance at March 29, 2019
Contract termination and other exit activity charges	0.5		0.2		(0.2		)	—		0.5
	$	0.5	$	0.2	$	(0.2	)	$	—	$	0.5