Property, Plant & Equipment, Net - (Tables)

6 Months Ended

Jun. 27, 2020

Property, Plant and Equipment [Abstract]

Summary of Property, Plant and Equipment, Net

The following table summarizes property, plant and equipment, net as of June 27, 2020 and December 28, 2019:

		June 27, 2020						December 28, 2019
(in millions of U.S. dollars)	Estimated Useful Life in Years	Cost		Accumulated Depreciation		Net		Cost		Accumulated Depreciation		Net
Land	n/a	$	95.8	$	—	$	95.8	$	95.3	$	—	$	95.3
Buildings	10-40	90.3		29.2		61.1		88.9		26.9		62.0
Machinery and equipment	5-15	267.8		79.2		188.6		146.8		66.0		80.8
Plates, films and molds	1-10	1.6		0.7		0.9		1.5		0.6		0.9
Vehicles and transportation equipment	3-15	104.8		68.4		36.4		90.3		59.5		30.8
Leasehold improvements 1		19.7		11.4		8.3		19.8		10.7		9.1
IT Systems	3-7	17.1		10.9		6.2		15.6		9.9		5.7
Furniture and fixtures	3-10	11.8		9.0		2.8		12.0		8.6		3.4
Customer equipment 2	3-7	358.4		160.6		197.8		339.7		144.9		194.8
Returnable bottles 3	3-5	98.3		45.2		53.1		82.0		37.1		44.9
Finance leases 4		53.0		10.9		42.1		37.6		7.2		30.4
Total		$	1,118.6	$	425.5	$	693.1	$	929.5	$	371.4	$	558.1

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¹  Leasehold improvements are amortized over the shorter of their estimated useful lives or the related lease life.

² Customer equipment consists of coolers, brewers, refrigerators, water purification devices and storage racks held on site at customer locations.

³  Returnable bottles are those bottles on site at our customer locations.

⁴  Our recorded assets under finance leases relate to IT systems, customer equipment and vehicles and transportation equipment.