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Property, Plant and Equipment, Net | 12 Months Ended
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Dec. 27, 2024
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment, Net | Property, Plant and Equipment, Net Property, plant and equipment, net consisted of the following (U.S. dollars in millions):
| December 27, 2024 |  | December 29, 2023
Land and land improvements | $ | 680.0 |  |  | $ | 695.9 |
Buildings and leasehold improvements | 550.4 |  |  | 581.4 |
Machinery and equipment | 598.7 |  |  | 609.3 |
Maritime equipment (including containers) | 223.3 |  |  | 229.0 |
Furniture, fixtures and office equipment | 101.4 |  |  | 102.1 |
Automotive equipment | 68.6 |  |  | 69.1 |
Construction-in-progress | 21.0 |  |  | 23.3 |
| 2,243.4 |  |  | 2,310.1 |
Less: accumulated depreciation and amortization | (1,051.8) |  |  | (1,053.7) |
Property, plant and equipment, net | $ | 1,191.6 |  |  | $ | 1,256.4 |
Depreciation expense on property, plant and equipment, including assets under finance leases, was $78.4 million for 2024, $79.9 million for 2023 and $84.8 million for 2022. Shipping containers, machinery and equipment and automotive equipment under finance leases totaled $10.4 million at December 27, 2024 and $11.1 million at December 29, 2023. Accumulated amortization for assets under finance leases was $4.7 million at December 27, 2024 and $3.8 million at December 29, 2023. The gain (loss) on disposal of property, plant and equipment, net and subsidiary was a gain of $39.5 million for 2024, a gain of $37.9 million for 2023 and a loss of $(1.9) million for 2022. The gain on disposal of property, plant and equipment, net and subsidiary in 2024 was primarily related to the sale of two idle facilities and one warehouse in Chile, a Canadian distribution center, and certain assets of a fresh-cut vegetable subsidiary in North America. The gain on disposal of property, plant and equipment, net and subsidiary in 2023 is primarily related to the sale of two distribution centers and related assets in Saudi Arabia, the sale of an idle production facility in North America, the sale of our plastics business subsidiary in South America, the sale of two carrier vessels and the sales of land assets in South and Central America.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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