Property, Plant and Equipment, Net

12 Months Ended

Dec. 27, 2019

Property, Plant and Equipment [Abstract]

Property, plant and equipment consisted of the following (U.S. dollars in millions):



	December 27, 2019			December 28, 2018
Land and land improvements	$	704.4		$	702.9
Buildings and leasehold improvements	610.5			586.0
Machinery and equipment	611.4			603.6
Maritime equipment (including containers)	115.8			117.2
Furniture, fixtures and office equipment	99.8			97.2
Automotive equipment	80.0			77.1
Construction-in-progress	200.4			159.2
	2,422.3			2,343.2
Less: accumulated depreciation and amortization	(1,019.1		)	(951.0		)
Property, plant and equipment, net	$	1,403.2		$	1,392.2

Depreciation expense on property, plant and equipment, including assets under finance leases, was $89.6 million for 2019, $92.2 million for 2018 and $78.3 million for 2017.

Shipping containers, machinery and equipment and automotive equipment under finance leases totaled $2.1 million at December 27, 2019 and $1.4 million at December 28, 2018. Accumulated amortization for assets under finance leases was $0.8 million at December 27, 2019 and $0.4 million at December 28, 2018.

The (gain) loss on disposal of property, plant and equipment was a gain of $18.6 million for 2019, a gain of $7.1 million for 2018 and loss of $3.0 million for 2017. The (gain) on disposal of property, plant and equipment in 2019 primarily related to the sale of surplus land in Florida and a refrigerated vessel. Partially offsetting these gains was the loss on disposal of low-yielding banana plants in Costa Rica in order to replant and improve productivity and other losses on disposal of surplus assets. (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.