Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Dec. 30, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

Schedule II - Valuation and Qualifying Accounts
Fresh Del Monte Produce Inc. and Subsidiaries
(U.S. dollars in millions)
			Additions
Description	Balance at Beginning of Period		Charged to Costs and Expenses		Charged to Other Accounts		Deductions		Balance at End of Period
Year ended December 30, 2022
Deducted from asset accounts:
Valuation accounts:
Trade accounts receivable	$	21.8	$	0.7	$	(0.1)	$	(0.8)	$	21.6
Advances to growers and other receivables	3.8		2.0		—		(0.1)		5.7
Deferred tax asset valuation allowance	424.8		66.0		0.2		(7.5)		483.5
Current and noncurrent accrued liabilities:
Provision for Kunia Well Site	12.9		(10.1)		—		—		2.8
Total	$	463.3	$	58.6	$	0.1	$	(8.4)	$	513.6
Year ended December 31, 2021
Deducted from asset accounts:
Valuation accounts:
Trade accounts receivable	$	28.5	$	(1.6)	$	(5.1)	$	—	$	21.8
Advances to growers and other receivables	3.7		0.5		—		(0.4)		3.8
Deferred tax asset valuation allowance	370.7		72.3		(1.7)		(16.5)		424.8
Current and noncurrent accrued liabilities:
Provision for Kunia Well Site	13.0		(0.1)		—		—		12.9
Total	$	415.9	$	71.1	$	(6.8)	$	(16.9)	$	463.3
Year ended January 1, 2021
Deducted from asset accounts:
Valuation accounts:
Trade accounts receivable (1)	$	20.6	$	5.6	$	2.3	$	—	$	28.5
Advances to growers and other receivables (2)	3.6		0.4		—		(0.3)		3.7
Deferred tax asset valuation allowance	323.3		54.6		—		(7.2)		370.7
Current and noncurrent accrued liabilities:
Provision for Kunia Well Site	13.2		(0.2)		—		—		13.0
Total	$	360.7	$	60.4	$	2.3	$	(7.5)	$	415.9

(1) Beginning balance for the year ended January 1, 2021 includes $1.0 million increase reflecting the impact of our adoption of ASC 326 on the first day of fiscal 2020.

(2) Beginning balance includes $0.2 million increase reflecting the impact of our adoption of ASC 326 on the first day of fiscal 2020.