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Related Party Transactions
12 Months Ended
Dec. 27, 2024
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
 
Advances and receivables due from related parties were $5.3 million in 2024 and $3.4 million in 2023.

On July 24, 2024, we entered into a $1.0 million line of credit agreement as lender with a related party to fund the related party's obligation to cover a portion of costs associated with a joint venture. The line of credit bears interest at a rate of 5.5% per annum and matures on July 23, 2029. Total draws on the line of credit, which represent contributions from the noncontrolling interest, totaled $0.5 million as of December 27, 2024 and are included in other noncurrent assets in our Consolidated Balance Sheets.

Payables to related parties were $0.6 million in 2024 and $0.1 million in 2023.

We incurred expenses of approximately $0.4 million in 2024, $0.3 million in 2023 and $2.5 million in 2022 for chartered air transportation services from an aircraft management company in which our Chairman and Chief Executive Officer has an ownership interest.

Other purchases from related parties were $3.0 million in 2024 compared to $46.1 million in 2023 and $109.4 million in 2022, of which $43.0 million for 2023 and $107.1 million for 2022 were related to one Mann Packing grower. Due to the acquisition of its noncontrolling interest in our subsidiary in June 2023, this grower was subsequently no longer determined to be a related party as of December 29, 2023.

Related party leases include a building and land in North America primarily related to one Mann Packing grower. Due to the acquisition of its noncontrolling interest in our subsidiary in June 2023, this grower was no longer determined to be a related party as of December 29, 2023. Prior to the date of our acquisition of its noncontrolling interest, expenses incurred associated with these leases were $0.7 million for 2023 and $1.2 million for 2022.

Sales to related parties amounted to $2.0 million in 2024, $1.0 million in 2023 and $1.0 million in 2022.

Cash distributions to noncontrolling interests $17.9 million in 2023 and $0.9 million in 2022. No cash distributions to noncontrolling interests were made during 2024. We have reflected the cash distributions to noncontrolling interests under financing activities in our Consolidated Statements of Cash Flows. No amounts were owed to noncontrolling interests as of December 27, 2024 and December 29, 2023.