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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

Dole had the following derivative instruments outstanding as of December 31, 2024:

			Aggregate Notional Amount
Foreign currency forward contracts by currency:
United States dollar			$35.2 million
Euro			€299.8 million
British pound sterling			£10.2 million
Swedish krona			SEK106.8 million
Chilean peso			CLP$19.7 billion
Interest rate swap contract			$695.0 million

Schedule of Derivative Instruments in the Balance Sheet at Fair Value

The following table presents the balance sheet location and fair value of the derivative instruments by type:

			Fair Value Measurements as of December 31, 2024
			Other Receivables						Other Assets						Accrued Liabilities
Foreign currency forward contracts:			(U.S. Dollars in thousands)
Cash flow hedges			$	6,416					$	—					$	(840)
Non-designated cash flow hedges			422						—						(263)
Fair value hedges			715						—						(1,078)
Bunker fuel hedges			—						—						(7)
Interest rate swap contracts			278						24,036						—
			$	7,831					$	24,036					$	(2,188)

			Fair Value Measurements as of December 31, 2023
			Other Receivables, net						Other Assets						Accrued Liabilities
Foreign currency forward contracts:			(U.S. Dollars in thousands)
Cash flow hedges			$	1,141					$	—					$	(5,543)
Non-designated cash flow hedges			140						—						(346)
Fair value hedges			607						—						(986)
Bunker fuel hedges			—						—						(129)
Interest rate swap contracts			7,305						29,868						—
			$	9,193					$	29,868					$	(7,004)

Schedule of Realized and Unrealized Derivative Gains (Losses)

The following tables represent Dole’s pre-tax realized and unrealized derivative gains (losses) and respective location in the financial statements for all derivative instruments for the years ended December 31, 2024, December 31, 2023 and December 31, 2022:

			Year Ended December 31, 2024
			Net unrealized movements in Accumulated Other Comprehensive Loss						Cost of Sales						Other income, net
Realized gains (losses):			(U.S. Dollars in thousands)
Cash flow hedges			$	—					$	3,193					$	—
Non-designated cash flow hedges			—						(642)						—
Fair value hedges			—						1,124						(116)
Bunker fuel hedges			—						—						—
Total net realized gains (losses)			$	—					$	3,675					$	(116)
Unrealized gains (losses):
Cash flow hedges			$	10,004					$	—					$	—
Non-designated cash flow hedges			—						177						—
Fair values hedges			—						1,704						(1,471)
Bunker fuel hedges			—						(7)						—
Interest rate swap contracts			(12,859)						—						—
Total net unrealized (losses) gains			$	(2,855)					$	1,874					$	(1,471)

			Year Ended December 31, 2023
			Net unrealized movements in Accumulated Other Comprehensive Loss						Cost of Sales						Other income, net
Realized (losses) gains:			(U.S. Dollars in thousands)
Cash flow hedges			$	—					$	(8,461)					$	—
Non-designated cash flow hedges			—						1,285						—
Fair value hedges			—						—						639
Bunker fuel hedges			—						(1,020)						—
Total net realized (losses) gains			$	—					$	(8,196)					$	639
Unrealized gains (losses):
Cash flow hedges			$	790					$	—					$	—
Non-designated cash flow hedges			—						(440)						—
Fair value hedges			—						—						(843)
Bunker fuel hedges			—						2,875						—
Interest rate swap contracts			(21,931)						—						—
Total net unrealized (losses) gains			$	(21,141)					$	2,435					$	(843)

			Year Ended December 31, 2022
			Net unrealized movements in Accumulated Other Comprehensive Loss						Cost of Sales						Other income, net
Realized gains:			(U.S. Dollars in thousands)
Cash flow hedges			$	—					$	22,546					$	—
Non-designated cash flow hedges			—						3,341						—
Bunker fuel hedges			—						2,834						—
Total net realized gains			$	—					$	28,721					$	—
Unrealized (losses) gains:
Cash flow hedges			$	(6,380)					$	—					$	—
Non-designated cash flow hedges			—						589						—
Fair value hedges			—						—						469
Bunker fuel hedges			—						(3,437)						—
Interest rate swap contracts			49,002						—						—
Total net unrealized gains (losses)			$	42,622					$	(2,848)					$	469

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