Asset Impairment and Other Charges, Net (Tables)

9 Months Ended

Sep. 25, 2020

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 (credits) charges, net recorded during the quarters and nine months ended September 25, 2020 and September 27, 2019 (U.S. dollars in millions):

	Quarter ended						Nine months ended
	September 25, 2020						September 25, 2020
	Long-lived and other asset impairment		Exit activity and other (credits) charges		Total		Long-lived and other asset impairment		Exit activity and other (credits) charges		Total
Banana segment:
California Air Resource Board settlement(1)	$	—	$	—	$	—	$	—	$	1.3	$	1.3
Philippine asset impairment of low-yield areas	0.1		—		0.1		0.8		—		0.8
Fresh and value-added products segment:
California Air Resource Board settlement(1)	—		—		—		—		0.7		0.7
Impairment of production facilities(2)	—		—		—		2.1		—		2.1
Insurance recovery related to product recall(3)	—		(4.4)		(4.4)		—		(10.4)		(10.4)
North America reorganization charges(4)	—		0.8		0.8		—		1.5		1.5
Other fresh and value-added products segment charges	—		—		—		—		0.2		0.2
Total asset impairment and other (credits) charges, net	$	0.1	$	(3.6)	$	(3.5)	$	2.9	$	(6.7)	$	(3.8)
	Quarter ended						Nine months ended
	September 27, 2019						September 27, 2019
	Long-lived and other asset impairment		Exit activity and other (credits) charges		Total		Long-lived and other asset impairment		Exit activity and other (credits) charges		Total
Banana segment:
Philippine asset impairment of low-yield areas	$	4.7	$	—	$	4.7	$	4.7	$	—	$	4.7
Philippine exit activities of certain low-yield areas	—		—		—		—		0.5		0.5
Fresh and value-added products segment:
Impairment of equity investment(5)	—		—		—		2.9		—		2.9
Other fresh and value-added products segment charges	—		—		—		0.4		—		0.4
Total asset impairment and other (credits) charges, net	$	4.7	$	—	$	4.7	$	8.0	$	0.5	$	8.5

(1) $2.0 million charge for the nine months ended September 25, 2020 relating to a settlement with the California Air Resource Board. This charge relates to both our banana and fresh and value-added products segments. Refer to Note 9.  "Commitments and Contingencies" for further information regarding this matter.

(2) $2.1 million asset impairment charges for the nine months ended September 25, 2020 related to impairment of production facilities in North America and Europe.

3.  Asset Impairment and Other (Credits) Charges, Net (continued)

(3) $(10.4) million insurance recovery for the nine months ended September 25, 2020 related to a voluntary recall of vegetable products in North America which was announced in the fourth quarter of 2019.

(4) $1.5 million charge for the nine months ended September 25, 2020 related to severance expenses incurred in connection with the reorganization of our sales and marketing function in North America.

(5) $2.9 million impairment of equity investment for the nine months ended September 27, 2019 related to our 10% equity ownership interest in Three Limes, Inc., d/b/a The Purple Carrot.