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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
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, 2023December 30, 2022
Goodwill$401.9 $422.9 
Indefinite-lived intangible assets:
Trademarks31.7 31.7 
Definite-lived intangible assets:
Definite-lived intangible assets10.6 150.4 
Accumulated amortization(9.0)(47.1)
Definite-lived intangible assets, net1.6 103.3 
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):
BananasFresh and Value-Added ProductsTotals
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 exchange0.3 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 test23.2 %— %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):
 
YearEstimated Amortization Expense
2024$0.1 
20250.1 
20260.1 
20270.1 
20280.1