XML 41 R3.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 17.2 $ 16.1
Trade accounts receivable, net of allowance of $21.6 and $21.8, respectively 373.5 342.9
Other accounts receivable, net of allowance of $5.7 and $3.8, respectively 91.0 94.4
Inventories, net 669.0 602.8
Assets held for sale 67.3 16.2
Prepaid expenses and other current assets 23.4 24.0
Total current assets 1,241.4 1,096.4
Investments in and advances to unconsolidated companies 18.0 8.7
Property, plant and equipment, net 1,309.5 1,415.8
Operating lease right-of-use assets 213.8 199.0
Goodwill 422.9 423.7
Intangible assets, net 135.0 142.8
Deferred income taxes 47.4 53.8
Other noncurrent assets 70.9 57.9
Total assets 3,458.9 3,398.1
Current liabilities:    
Accounts payable and accrued expenses 549.9 580.1
Current maturities of debt and finance leases 1.3 1.3
Current maturities of operating leases 41.6 37.0
Income taxes and other taxes payable 14.2 10.8
Total current liabilities 607.0 629.2
Long-term debt and finance leases 547.1 527.7
Operating leases, less current maturities 147.3 136.0
Retirement benefits 82.4 90.0
Other noncurrent liabilities 28.5 72.1
Deferred income taxes 71.6 69.6
Total liabilities 1,483.9 1,524.6
Commitments and contingencies (See note 15)
Redeemable noncontrolling interest 49.4 49.5
Shareholders' equity:    
Preferred shares, $0.01 par value; $50,000,000 shares authorized; none issued or outstanding 0.0 0.0
Ordinary shares, $0.01 par value; 200,000,000 shares authorized; 47,838,680 and 47,554,695 issued and outstanding, respectively 0.5 0.5
Paid-in capital 548.1 541.0
Retained earnings 1,397.6 1,327.7
Accumulated other comprehensive loss (41.5) (66.9)
Total Fresh Del Monte Produce Inc. shareholders' equity 1,904.7 1,802.3
Noncontrolling interests 20.9 21.7
Total shareholders' equity 1,925.6 1,824.0
Total liabilities, redeemable noncontrolling interest and shareholders' equity $ 3,458.9 $ 3,398.1