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

3 Months Ended

Mar. 27, 2026

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 charges, net recorded during the quarters ended March 27, 2026 and March 28, 2025 (U.S. dollars in millions):

	Quarter ended
	March 27, 2026						March 28, 2025
	Long-lived and other asset impairment		Exit activity and other  charges		Total		Long-lived and other asset impairment		Exit activity and other  charges		Total
Prepared segment:
Impairment of right-of-use asset (1)	$	16.1	$	—	$	16.1	$	—	$	—	$	—
Other:
Business transaction costs related to acquisition of Del Monte Foods (2)	—		3.5		3.5		—		—		—
Severance costs for transition employees related to acquisition of Del Monte Foods	—		0.4		0.4		—		—		—
Total asset impairment and other charges, net	$	16.1	$	3.9	$	20.0	$	—	$	—	$	—

(1) During the quarter ended March 27, 2026, we recorded impairment charges of $16.1 million related to right-of-use assets acquired from Del Monte Foods for product lines we do not intend to operate. See Note 3, "Acquisitions".

(2) During the quarter ended March 27, 2026, we recorded $3.5 million in business transaction costs, primarily related to transaction advisory fees, legal, consulting, and accounting expenses, related to our acquisition of Del Monte Foods. See Note 3, “Acquisitions”.