Asset Impairment and Other Charges (Credits), Net (Tables)

9 Months Ended

Sep. 30, 2022

Asset Impairment and Other Charges (Credits), 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 30, 2022 and October 1, 2021 (U.S. dollars in millions):

	Quarter ended						Nine months ended
	September 30, 2022						September 30, 2022
	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:
Exit costs related to European facility(1)	$	—	$	—	$	—	$	—	$	0.4	$	0.4
Fresh and value-added products segment:
Adjustment of Kunia Well Site environmental liability in Hawaii(2)	—		(9.9)		(9.9)		—		(9.9)		(9.9)
Impairment of South America farm and other charges	—		0.1		0.1		0.2		0.1		0.3
Other fresh and value-added products segment charges	—		—		—		—		0.1		0.1
Other:
Former President/COO severance expense	—		—		—		—		1.0		1.0
Total asset impairment and other (credits) charges, net	$	—	$	(9.8)	$	(9.8)	$	0.2	$	(8.3)	$	(8.1)
	Quarter ended						Nine months ended
	October 1, 2021						October 1, 2021
	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:
Insurance recovery related to hurricanes(3)	$	—	$	—	$	—	$	—	$	(0.8)	$	(0.8)
Philippines asset impairment of low-yield area	0.3		—		0.3		0.3		—		0.3
Fresh and value-added products segment:
Exit costs related to European facility(1)	—		(0.2)		(0.2)		—		0.3		0.3
Other fresh and value-added products segment charges	—		—		—		—		(0.1)		(0.1)
Total asset impairment and other (credits) charges, net	$	0.3	$	(0.2)	$	0.1	$	0.3	$	(0.6)	$	(0.3)

(1) $0.4 million and $0.3 million charge for the nine months ended September 30, 2022 and October 1, 2021, respectively, primarily related to severance expenses incurred in connection with the planned exits from two facilities in Europe.

(2) $(9.9) million reduction in our environmental liability related to the Kunia Well Site clean-up. Refer to Note 9, “Commitments and contingencies,” for further information.

(3) $(0.8) million insurance recovery for the nine months ended October 1, 2021 associated with damage to certain of our banana fixed assets in Guatemala caused by hurricanes Eta and Iota in the fourth quarter of 2020.