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Schedule II - Valuation and Qualifying Accounts | 12 Months Ended
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Dec. 29, 2023
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 29, 2023 |  |  |  |  |  |  |  |  |
Deducted from asset accounts: |  |  |  |  |  |  |  |  |
Valuation accounts: |  |  |  |  |  |  |  |  |
Trade accounts receivable | $ | 21.6 |  |  | $ | 2.5 |  |  | $ | — |  |  | $ | (3.3) |  |  | $ | 20.8 |
Advances to growers and other receivables | 5.7 |  |  | 0.2 |  |  | — |  |  | (0.3) |  |  | 5.6 |
Deferred tax asset valuation allowance | 483.5 |  |  | 62.2 |  |  | (7.3) |  |  | (12.7) |  |  | 525.7 |
Current and noncurrent accrued liabilities: |  |  |  |  |  |  |  |  |
Provision for Kunia Well Site | 2.8 |  |  | (0.1) |  |  | — |  |  | — |  |  | 2.7 |
Total | $ | 513.6 |  |  | $ | 64.8 |  |  | $ | (7.3) |  |  | $ | (16.3) |  |  | $ | 554.8 |
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 |

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- Definition The entire disclosure for valuation and qualifying accounts and reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 09 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-4 + Details
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- References No definition available. + Details
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