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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Goodwill | The following table reflects our indefinite-lived intangible assets, including goodwill, and our definite-lived intangible assets along with related accumulated amortization by major category (U.S. dollars in millions):
| December 29, 2023 |  | December 30, 2022
Goodwill | $ | 401.9 |  |  | $ | 422.9 |
Indefinite-lived intangible assets: |  |  |
Trademarks | 31.7 |  |  | 31.7 |
Definite-lived intangible assets: |  |  |
Definite-lived intangible assets | 10.6 |  |  | 150.4 |
Accumulated amortization | (9.0) |  |  | (47.1) |
Definite-lived intangible assets, net | 1.6 |  |  | 103.3 |
Goodwill and other intangible assets, net | $ | 435.2 |  |  | $ | 557.9 |
Schedule of Goodwill | The following table reflects the changes in the carrying amount of goodwill by business segment (U.S. dollars in millions):
| Bananas |  | Fresh and Value-Added Products |  | Totals
Balance at December 31, 2021 | $ | 64.3 |  |  | $ | 359.4 |  |  | $ | 423.7 |
Foreign exchange | (0.2) |  |  | (0.6) |  |  | (0.8) |
Balance at December 30, 2022 | $ | 64.1 |  |  | $ | 358.8 |  |  | $ | 422.9 |
Foreign exchange | 0.3 |  |  | 0.3 |  |  | 0.6 |
Impairment charges | — |  |  | (21.6) |  |  | (21.6) |
Balance at December 29, 2023 | $ | 64.4 |  |  | $ | 337.5 |  |  | $ | 401.9 |
Schedule of Sensitivities of Goodwill and Intangible Assets at Risk | The following table highlights the sensitivities of the indefinite-lived intangibles as of December 29, 2023 (U.S. dollars in millions):
| Banana Reporting Unit Goodwill |  | Prepared Foods Reporting Unit Goodwill |  | Prepared Foods Reporting Unit Del Monte® Trade Names and Trademarks
Carrying value of indefinite-lived intangible assets | $ | 64.4 |  |  | $ | 27.2 |  |  | $ | 30.8 |
Approximate percentage by which the fair value exceeds the carrying value based on the annual impairment test | 23.2 | % |  | — | % |  | 6.2 | %
Amount that a one percentage point increase in the discount rate and a 5% decrease in cash flows would cause the carrying value to exceed the fair value and trigger an (additional) impairment | $ | 8.9 |  |  | $ | 27.2 |  |  | $ | 2.3 |
Schedule of Expected Amortization Expense | The estimated amortization expense related to definite-lived intangible assets for the five succeeding years is as follows (U.S. dollars in millions):
Year | Estimated Amortization Expense
2024 | $ | 0.1 |
2025 | 0.1 |
2026 | 0.1 |
2027 | 0.1 |
2028 | 0.1 |

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