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Asset Impairment and Other Charges (Credits), Net | 6 Months Ended
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Jun. 27, 2025
Asset Impairment and Other Charges (Credits), Net [Abstract] |
Asset Impairment and Other Charges (Credits), Net | The following represents a summary of asset impairment and other charges (credits), net recorded during the quarters and six months ended June 27, 2025 and June 28, 2024 (U.S. dollars in millions):
| Quarter ended |  | Six months ended
| June 27, 2025 |  | June 27, 2025
| Long-lived and other asset impairment |  | Exit activity and other charges |  | Total |  | Long-lived and other asset impairment |  | Exit activity and other charges |  | Total
Fresh and value-added products segment: |  |  |  |  |  |  |  |  |  |  |
Impairment of leased grape farm in Chile | $ | 0.6 |  |  | $ | — |  |  | $ | 0.6 |  |  | $ | 0.6 |  |  | $ | — |  |  | $ | 0.6 |
Total asset impairment and other charges (credits), net | $ | 0.6 |  |  | $ | — |  |  | $ | 0.6 |  |  | $ | 0.6 |  |  | $ | — |  |  | $ | 0.6 |
| Quarter ended |  | Six months ended
| June 28, 2024 |  | June 28, 2024
| Long-lived and other asset impairment |  | Exit activity and other charges |  | Total |  | Long-lived and other asset impairment |  | Exit activity and other charges |  | Total
Banana segment: |  |  |  |  |  |  |  |  |  |  |
California Air Resource Board reserve (1) | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 0.5 |  |  | $ | 0.5 |
Philippines impairment of banana-related fixed assets | 1.2 |  |  | — |  |  | 1.2 |  |  | 1.2 |  |  | — |  |  | 1.2 |
Fresh and value-added products segment: |  |  |  |  |  |  |  |  |  |  |
Insurance recovery related to South American warehouse | — |  |  | (2.0) |  |  | (2.0) |  |  | — |  |  | (2.0) |  |  | (2.0) |
Reduction in repair reserves related to 2023 flooding in Greece(2) | (0.5) |  |  | — |  |  | (0.5) |  |  | (0.5) |  |  | — |  |  | (0.5) |
Other: |  |  |  |  |  |  |  |  |  |  |
Legal settlement (3) | — |  |  | — |  |  | — |  |  | — |  |  | 1.8 |  |  | 1.8 |
Total asset impairment and other charges (credits), net | $ | 0.7 |  |  | $ | (2.0) |  |  | $ | (1.3) |  |  | $ | 0.7 |  |  | $ | 0.3 |  |  | $ | 1.0 |
(1) During the six months ended June 28, 2024, we recorded a $0.5 million reserve relating to a regulatory matter. Refer to Note 10, “Commitments and Contingencies.” (2) Due to damages caused by severe flooding in Greece during 2023, we recorded reserves related to estimated damages to our property, plant and equipment. During the quarter ended June 28, 2024, we determined it was appropriate to reduce this reserve by $0.5 million based on actual repair charges incurred. (3) During the six months ended June 28, 2024, we entered into a settlement agreement with respect to a litigation matter by a former employee regarding a legacy claim stemming from the 1970s. Accordingly, we incurred charges of $1.8 million, net of insurance reimbursements, associated with the settlement during the six months ended June 28, 2024. Refer to Note 10, “Commitments and Contingencies.”

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- Definition The entire disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References No definition available. + Details
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