Fresh Del Monte Produce (FDP) 10-Q 30 Jul 19 2019 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 28, 2019	Jul. 19, 2019
Cover page.
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 28, 2019
Document Transition Report	false
Entity File Number	333-07708
Entity Registrant Name	FRESH DEL MONTE PRODUCE INC
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	c/o Intertrust Corporate Services (Cayman) Limited
Entity Address, Address Line Two	190 Elgin Avenue
Entity Address, City or Town	George Town,
Entity Address, Postal Zip Code	KY1-9005
Entity Address, Country	KY
City Area Code	305
Local Phone Number	520-8400
Title of 12(b) Security	Ordinary Shares, $0.01 Par Value Per Share
Trading Symbol	FDP
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (shares)		48,355,899
Amendment Flag	false
Entity Central Index Key	0001047340
Current Fiscal Year End Date	--12-27
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jun. 28, 2019	Dec. 28, 2018
Current assets:
Cash and cash equivalents	$ 16.2	$ 21.3
Trade accounts receivable, net of allowance of $14.2 and $14.6, respectively	417.4	378.3
Other accounts receivable, net of allowance of $6.8 and $7.2, respectively	78.8	95.2
Inventories, net	530.7	565.3
Assets held for sale	26.4	45.4
Prepaid expenses and other current assets	25.2	33.3
Total current assets	1,094.7	1,138.8
Investments in and advances to unconsolidated companies	2.5	6.1
Property, plant and equipment, net	1,416.1	1,392.2
Operating lease right-of-use assets	182.1	0
Goodwill	423.7	423.4
Intangible assets, net	162.8	166.9
Deferred income taxes	93.6	68.1
Other noncurrent assets	43.1	59.7
Total assets	3,418.6	3,255.2
Current liabilities:
Accounts payable and accrued expenses	497.4	576.6
Current maturities of debt and finance leases	640	0.5
Current maturities of operating leases	49.9	0
Income taxes and other taxes payable	13.1	8.9
Total current liabilities	1,200.4	586
Long-term debt and finance leases	0.4	661.9
Retirement benefits	93	91.3
Deferred income taxes	126.6	93
Operating leases, less current maturities	104.6	0
Other noncurrent liabilities	71.2	53.4
Total liabilities	1,596.2	1,485.6
Commitments and contingencies (See note 11)
Redeemable noncontrolling interest	53.8	51.8
Shareholders' equity:
Preferred shares, $0.01 par value; 50,000,000 shares authorized; none issued or outstanding	0	0
Ordinary shares, $0.01 par value; 200,000,000 shares authorized; 48,301,093 and 48,442,296 issued and outstanding, respectively	0.5	0.5
Paid-in capital	530.7	527.1
Retained earnings	1,270.8	1,206
Accumulated other comprehensive loss	(58.6)	(41.6)
Total Fresh Del Monte Produce Inc. shareholders' equity	1,743.4	1,692
Noncontrolling interests	25.2	25.8
Total shareholders' equity	1,768.6	1,717.8
Total liabilities, redeemable noncontrolling interest and shareholders' equity	$ 3,418.6	$ 3,255.2

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 28, 2019	Dec. 28, 2018
Statement of Financial Position [Abstract]
Allowance for Trade accounts receivable	$ 14.2	$ 14.6
Allowance for Other accounts receivable	$ 6.8	$ 7.2
Preferred shares, par value (usd per share)	$ 0.01	$ 0.01
Preferred shares, authorized (shares)	50,000,000	50,000,000
Preferred shares, issued (shares)	0	0
Preferred shares, outstanding (shares)	0	0
Ordinary shares, par value (usd per share)	$ 0.01	$ 0.01
Ordinary shares, authorized (shares)	200,000,000	200,000,000
Ordinary shares, issued (shares)	48,301,093	48,442,296
Ordinary shares, outstanding (shares)	48,301,093	48,442,296

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Income Statement [Abstract]
Net sales	$ 1,239.4	$ 1,272.4	$ 2,393.6	$ 2,378.5
Cost of products sold	1,143.1	1,194.1	2,204	2,193.7
Gross profit	96.3	78.3	189.6	184.8
Selling, general and administrative expenses	44	49.9	96.5	98.5
Gain on disposal of property, plant and equipment, net	5.7	5.7	9.2	5.9
Asset impairment and other charges, net	0.8	20.3	3.8	21.9
Operating income	57.2	13.8	98.5	70.3
Interest expense	6.9	6.1	13.8	9.8
Interest income	0.1	0.4	0.2	0.5
Other (expense) income, net	(2.9)	(7.3)	8.4	(10.7)
Income before income taxes	47.5	0.8	93.3	50.3
Provision for income taxes	8.5	6.4	17.1	12.7
Net income (loss)	39	(5.6)	76.2	37.6
Less: Net income attributable to redeemable and noncontrolling interests	0.9	2.3	2	4
Net income (loss) attributable to Fresh Del Monte Produce Inc.	$ 38.1	$ (7.9)	$ 74.2	$ 33.6
Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc. - Basic (usd per share)	$ 0.79	$ (0.16)	$ 1.53	$ 0.69
Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc. - Diluted (usd per share)	0.78	(0.16)	1.53	0.69
Dividends declared per ordinary share (usd per share)	$ 0	$ 0.15	$ 0	$ 0.30
Weighted average number of ordinary shares:
Basic (shares)	48,533,444	48,753,227	48,540,571	48,767,411
Diluted (shares)	48,582,135	48,753,227	48,624,956	49,012,397

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 39	$ (5.6)	$ 76.2	$ 37.6
Other comprehensive income:
Net unrealized (loss) gain on derivatives, net of tax	(12.7)	4.7	(16.8)	2.9
Net unrealized foreign currency translation gain (loss)	0.5	(9.1)	(0.3)	(4.8)
Net change in retirement benefit adjustment, net of tax	0.2	0.4	0.1	0.5
Comprehensive income (loss)	27	(9.6)	59.2	36.2
Less: Comprehensive income attributable to redeemable and noncontrolling interests	0.9	2.3	2	4
Comprehensive income (loss) attributable to Fresh Del Monte Produce Inc.	$ 26.1	$ (11.9)	$ 57.2	$ 32.2

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018
Operating activities:
Net income	$ 76.2	$ 37.6
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	48.5	44.3
Amortization of debt issuance costs	0.5	0.3
Share-based compensation expense	6.1	7
Asset impairment, net	3.3	18.3
Change in uncertain tax positions	0	0.1
Gain on disposal of property, plant and equipment	(9.2)	(5.9)
Deferred income taxes	7.6	1.6
Foreign currency translation adjustment	(1.2)	(1.8)
Changes in operating assets and liabilities
Receivables	(20.6)	(22.3)
Inventories	30	51.6
Prepaid expenses and other current assets	1.6	(11.4)
Accounts payable and accrued expenses	(73.7)	53.1
Other noncurrent assets and liabilities	(4.1)	(10.2)
Net cash provided by operating activities	65	162.3
Investing activities:
Capital expenditures	(70.2)	(81.8)
Investments in unconsolidated companies	0	(4.2)
Proceeds from sales of property, plant and equipment	28	8.2
Purchase of business, net of cash acquired	0	(373.3)
Proceeds from sale of an investment	0.7	0
Net cash used in investing activities	(41.5)	(451.1)
Financing activities:
Proceeds from debt	587.3	636.4
Payments on debt	(612)	(307)
Distributions to noncontrolling interests, net	(1.8)	(1.8)
Proceeds from stock options exercised	0.3	0.8
Share-based awards settled in cash for taxes	(0.9)	(0.4)
Dividends paid	0	(14.6)
Repurchase and retirement of ordinary shares	(9.2)	(9.8)
Net cash (used in) provided by financing activities	(36.3)	303.6
Effect of exchange rate changes on cash	7.7	(0.1)
Net (decrease) increase in cash and cash equivalents	(5.1)	14.7
Cash and cash equivalents, beginning	21.3	25.1
Cash and cash equivalents, ending	16.2	39.8
Supplemental cash flow information:
Cash paid for interest	7.4	8.7
Cash paid for income taxes	5.9	14.7
Non-cash financing and investing activities:
Right-of-use assets obtained in exchange for new operating lease obligations	26.1	0
Retirement of ordinary shares	9.2	9.8
Dividends on restricted stock units	0	0.2
Purchase of a business	0	1.2
Sale of an investment	$ 0.6	$ 0

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND REDEEMABLE NONCONTROLLING INTEREST (Unaudited) - USD ($) $ in Millions	Total	Ordinary Shares	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive (Loss)	Fresh Del Monte Produce Inc. Shareholders' Equity	Noncontrolling Interests	Total Shareholders' Equity	Redeemable Noncontrolling Interest
Balance, shares (shares) at Dec. 29, 2017		48,759,481
Balance, value at Dec. 29, 2017		$ 0.5	$ 522.5	$ 1,275	$ (30.6)	$ 1,767.4	$ 23.8	$ 1,791.2	$ 0
Exercises of stock options (shares)		17,500
Exercises of stock options			0.7			0.7		0.7
Issuance of restricted stock awards (shares)		21,304
Issuance of restricted stock units (shares)		159,632
Share-based payment expense			4.7			4.7		4.7
Cumulative effect adjustment | ASC 606				(0.1)		(0.1)		(0.1)
Capital contribution from, distribution to noncontrolling interests			0.5			0.5	(0.5)	0
Fair value of redeemable noncontrolling interest resulting from business combination								0	39.1
Repurchase and retirement of ordinary shares (shares)		(182,013)
Repurchase and retirement of ordinary shares			(2.7)	(5.7)		(8.4)		(8.4)
Dividend declared				(7.3)		(7.3)		(7.3)
Comprehensive income:
Net income (loss)				41.5		41.5	1.3	42.8	0.4
Unrealized loss on derivatives, net of tax					(1.8)	(1.8)		(1.8)
Net unrealized foreign currency translation gain (loss)					4.3	4.3		4.3
Change in retirement benefit adjustment, net of tax					0.1	0.1		0.1
Comprehensive income (loss)						44.1	1.3	45.4	0.4
Balance, shares (shares) at Mar. 30, 2018		48,775,904
Balance, value at Mar. 30, 2018		$ 0.5	525.7	1,303.4	(28)	1,801.6	24.6	1,826.2	39.5
Balance, shares (shares) at Dec. 29, 2017		48,759,481
Balance, value at Dec. 29, 2017		$ 0.5	522.5	1,275	(30.6)	1,767.4	23.8	1,791.2	0
Exercises of stock options (shares)	180,254
Issuance of restricted stock awards (shares)	21,304
Repurchase and retirement of ordinary shares (shares)	(218,232)
Comprehensive income:
Net income (loss)	$ 37.6
Unrealized loss on derivatives, net of tax	2.9
Net unrealized foreign currency translation gain (loss)	(4.8)
Change in retirement benefit adjustment, net of tax	0.5
Comprehensive income (loss)	36.2
Balance, shares (shares) at Jun. 29, 2018		48,779,307
Balance, value at Jun. 29, 2018		$ 0.5	528.1	1,286.8	(32)	1,783.4	26.4	1,809.8	40.8
Balance, shares (shares) at Mar. 30, 2018		48,775,904
Balance, value at Mar. 30, 2018		$ 0.5	525.7	1,303.4	(28)	1,801.6	24.6	1,826.2	39.5
Exercises of stock options (shares)		19,000
Exercises of stock options			0.3			0.3		0.3
Issuance of restricted stock units (shares)		20,622
Share-based payment expense			2.4			2.4		2.4
Capital contribution from, distribution to noncontrolling interests							0.8	0.8
Repurchase and retirement of ordinary shares (shares)		(36,219)
Repurchase and retirement of ordinary shares			(0.5)	(1.2)		(1.7)		(1.7)
Dividend declared			0.2	(7.5)		(7.3)		(7.3)
Comprehensive income:
Net income (loss)	(5.6)			(7.9)		(7.9)	1	(6.9)	1.3
Unrealized loss on derivatives, net of tax	4.7				4.7	4.7		4.7
Net unrealized foreign currency translation gain (loss)	(9.1)				(9.1)	(9.1)		(9.1)
Change in retirement benefit adjustment, net of tax	0.4				0.4	0.4		0.4
Comprehensive income (loss)	$ (9.6)					(11.9)	1	(10.9)	1.3
Balance, shares (shares) at Jun. 29, 2018		48,779,307
Balance, value at Jun. 29, 2018		$ 0.5	528.1	1,286.8	(32)	1,783.4	26.4	1,809.8	40.8
Balance, shares (shares) at Dec. 28, 2018	48,442,296	48,442,296
Balance, value at Dec. 28, 2018	$ 1,717.8	$ 0.5	527.1	1,206	(41.6)	1,692	25.8	1,717.8	51.8
Exercises of stock options (shares)		13,250
Exercises of stock options			0.2			0.2		0.2
Issuance of restricted stock awards (shares)		30,891
Issuance of restricted stock units (shares)		165,318
Share-based payment expense			4.2			4.2		4.2
Cumulative effect adjustment | Adjustment of ASC 842 related to leases				(3)		(3)		(3)
Capital contribution from, distribution to noncontrolling interests							(0.3)	(0.3)	(0.2)
Dividend declared			0	0		0	0	0
Comprehensive income:
Net income (loss)				36.1		36.1	(0.1)	36	1.2
Unrealized loss on derivatives, net of tax					(4.1)	(4.1)		(4.1)
Net unrealized foreign currency translation gain (loss)					(0.8)	(0.8)		(0.8)
Change in retirement benefit adjustment, net of tax					(0.1)	(0.1)		(0.1)
Comprehensive income (loss)						31.1	(0.1)	31	1.2
Balance, shares (shares) at Mar. 29, 2019		48,651,755
Balance, value at Mar. 29, 2019		$ 0.5	531.5	1,239.1	(46.6)	1,724.5	25.4	1,749.9	52.8
Balance, shares (shares) at Dec. 28, 2018	48,442,296	48,442,296
Balance, value at Dec. 28, 2018	$ 1,717.8	$ 0.5	527.1	1,206	(41.6)	1,692	25.8	1,717.8	51.8
Exercises of stock options (shares)	172,395
Issuance of restricted stock awards (shares)	33,721
Repurchase and retirement of ordinary shares (shares)	(365,569)
Comprehensive income:
Net income (loss)	$ 76.2
Unrealized loss on derivatives, net of tax	(16.8)
Net unrealized foreign currency translation gain (loss)	(0.3)
Change in retirement benefit adjustment, net of tax	0.1
Comprehensive income (loss)	$ 59.2
Balance, shares (shares) at Jun. 28, 2019	48,301,093	48,301,093
Balance, value at Jun. 28, 2019	$ 1,768.6	$ 0.5	530.7	1,270.8	(58.6)	1,743.4	25.2	1,768.6	53.8
Balance, shares (shares) at Mar. 29, 2019		48,651,755
Balance, value at Mar. 29, 2019		$ 0.5	531.5	1,239.1	(46.6)	1,724.5	25.4	1,749.9	52.8
Exercises of stock options (shares)		5,000
Exercises of stock options			0.1			0.1		0.1
Issuance of restricted stock awards (shares)		2,830
Issuance of restricted stock units (shares)		7,077
Share-based payment expense			1.9			1.9		1.9
Capital contribution from, distribution to noncontrolling interests							(0.1)	(0.1)	0.1
Repurchase and retirement of ordinary shares (shares)		(365,569)
Repurchase and retirement of ordinary shares			(2.8)	(6.4)		(9.2)		(9.2)
Dividend declared				0		0		0
Comprehensive income:
Net income (loss)	39			38.1		38.1	(0.1)	38	0.9
Unrealized loss on derivatives, net of tax	(12.7)				(12.7)	(12.7)		(12.7)
Net unrealized foreign currency translation gain (loss)	0.5				0.5	0.5		0.5
Change in retirement benefit adjustment, net of tax	0.2				0.2	0.2		0.2
Comprehensive income (loss)	$ 27					26.1	(0.1)	26	0.9
Balance, shares (shares) at Jun. 28, 2019	48,301,093	48,301,093
Balance, value at Jun. 28, 2019	$ 1,768.6	$ 0.5	$ 530.7	$ 1,270.8	$ (58.6)	$ 1,743.4	$ 25.2	$ 1,768.6	$ 53.8

General

General	6 Months Ended
	Jun. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	General Reference in this Report to "Fresh Del Monte", “we”, “our” and “us” and the “Company” refer to Fresh Del Monte Produce Inc. and its subsidiaries, unless the context indicates otherwise. We were incorporated under the laws of the Cayman Islands in 1996 and are engaged primarily in the worldwide production, transportation and marketing of fresh produce and prepared food products. We source our products, which include bananas, pineapples, melons and nontropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries and kiwis), avocados, and vegetables, primarily from Central America, South America, North America, Africa and the Philippines. We also source products from Europe and the Middle East and distribute our products in North America, Europe, Middle East, Asia, South America and Africa. Products are sourced from our company-owned farms, through joint venture arrangements and through supply contracts with independent growers. We have the exclusive right to use the DEL MONTE® brand for fresh fruit, fresh vegetables and other fresh and fresh-cut produce and certain other specified products on a royalty-free basis under a worldwide, perpetual license from Del Monte Corporation, an unaffiliated company that owns the DEL MONTE® trademark. We are also a producer, marketer and distributor of prepared fruit and vegetables, juices and snacks and we hold a perpetual, royalty-free license to use the DEL MONTE® brand for prepared foods throughout Europe, Africa, the Middle East and certain Central Asian countries. Del Monte Corporation and several other unaffiliated companies manufacture, distribute and sell under the DEL MONTE® brand canned or processed fruit, vegetables and other produce, as well as dried fruit, snacks and other products in certain geographic regions. We can also produce, market and distribute certain prepared food products in North America utilizing the DEL MONTE® brand. We have entered into an agreement with Del Monte Foods, Inc. to jointly; (a) produce, market and sell prepared, chilled and refrigerated (i) juices, (ii) cut-fruit and (iii) avocado/guacamole products produced using high pressure technology; and (b) develop DEL MONTE® branded restaurants, cafes and other retail outlets. The accompanying unaudited Consolidated Financial Statements for the six months ended June 28, 2019 have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. They do not include all information and notes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments of a normal recurring nature considered necessary for fair presentation have been included. Operating results for the six months ended June 28, 2019 are subject to significant seasonal variations and are not necessarily indicative of the results that may be expected for the year ending December 27, 2019 . Certain reclassification of prior period balances have been made to conform to current presentation. For further information, refer to the Consolidated Financial Statements and notes thereto included in our annual report on Form 10-K for the fiscal year ended December 28, 2018 . We are required to evaluate events occurring after June 28, 2019 for recognition and disclosure in the unaudited Consolidated Financial Statements for the six months ended June 28, 2019 . Events are evaluated based on whether they represent information existing as of June 28, 2019 , which require recognition in the unaudited Consolidated Financial Statements, or new events occurring after June 28, 2019 , which do not require recognition but require disclosure if the event is significant to the unaudited Consolidated Financial Statements. We evaluated events occurring subsequent to June 28, 2019 through the date of issuance of these unaudited Consolidated Financial Statements.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	6 Months Ended
	Jun. 28, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements New Accounting Pronouncements Adopted In October 2018, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU" ) 2018-16, Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes . This ASU expands the list of U.S. benchmark interest rates permitted in the application of hedge accounting. The provisions of ASU 2018-16 are effective for fiscal years beginning after December 15, 2018, with early adoption permitted. This ASU is effective for us beginning the first day of our 2019 fiscal year. We will not substitute the benchmark rates in use for the SOFR or OIS rates. Thus, the adoption of this ASU does not have an impact to our financial condition, results of operations and cash flows. In July 2018, the FASB issued ASU 2018-09, Codification Improvements . The FASB issued this ASU to facilitate amendments to a variety of topics to clarify, correct errors in, or make minor improvements to the accounting standards codification. The effective date of the standard is dependent on the facts and circumstances of each amendment. Some amendments do not require transition guidance and will be effective upon the issuance of this standard. A majority of the amendments in ASU 2018-09 will be effective in annual periods beginning after December 29, 2018. We adopted this standard the first day of our 2019 fiscal year. We evaluated the impact of the amendment to the advertising expense recognition for collaborative agreements and concluded the amendment follows our current accounting practice. Furthermore, we assessed the potential impact of the amendment to Subtopic 805-740 for tax allocations relating to the Mann Packing acquisition; given separate financial statements are not being issued for Mann Packing the amendment did not apply. The adoption of this ASU did not have an impact to our financial condition, results of operations and cash flows. In June 2018, the FASB issued ASU 2018-07, Improvements to Nonemployee Share-Based Payment Accounting . The FASB is issuing this update to simplify the accounting for share-based payments to nonemployees by aligning it with the accounting for share-based payments to employees, with certain exceptions. This ASU is effective for us beginning the first day of our 2019 fiscal year. The adoption of this ASU did not have a material impact on our financial condition, results of operations and cash flows. In February 2018, the FASB issued ASU 2018-02, Reclassification of Certain Tax Effects From Accumulated Other Comprehensive Income, which amends Accounting Standards Codification ("ASC") 220, Income Statement — Reporting Comprehensive Income , to allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act, (the "Act"). In addition, under the ASU, an entity is required to provide certain disclosures regarding stranded tax effects. This ASU is effective for us the first day of our 2019 fiscal year. We made the election not to reclassify stranded tax effects to retained earnings. The tax effects unrelated to the Act are released from accumulated other comprehensive income using either the specific identification approach or the portfolio approach based on the nature of the underlying item. In February 2016, the FASB issued ASU 2016-02, Leases , and has subsequently issued several supplemental and/or clarifying ASU's (collectively, "Topic 842"), which requires a dual approach for lease accounting under which a lessee would account for leases as finance leases or operating leases. Both finance leases and operating leases may result in the lessee recognizing a right of use asset and a corresponding lease liability. For finance leases, the lessee would recognize interest expense and amortization of the right-of-use asset, and for operating leases, the lessee would recognize lease expense on a straight-line basis. We adopted Topic 842 on the first day of our 2019 fiscal year, utilizing the modified retrospective adoption method with an effective date of December 29, 2018 (the first day of our 2019 fiscal year). Therefore, the Consolidated Financial Statements for 2019 are presented under the new standard, while the comparative periods presented are not adjusted and continue to be reported in accordance with the Company's historical accounting policy. Due to the adoption of Topic 842, we booked a retained earnings adjustment of $3.0 million due to deferred taxes. 2 . Recently Issued Accounting Pronouncements (continued) The standard provides a number of optional practical expedients and policy elections in transition. We have elected to apply the package of practical expedients under which we will not reassess under the standard our prior conclusions about lease classification and initial direct costs, and the expedient to not assess existing or expired land easements. We have elected the short-term lease recognition exemption for all leases that qualify, meaning we will recognize expense on a straight-line basis and will not include the recognition of a right-of-use asset or lease liability. We have elected the policy to combine lease and non-lease components for all asset classes. See Note 9 , "Leases " for more information. New Accounting Pronouncements Not Yet Adopted In April 2019, the FASB issued ASU 2019-04, Codification Improvements , Codification Improvements to Topic 326, Financial Instruments - Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. This ASU provides amendments which will affect the recognition and measurement of financial instruments, including derivatives and hedging.These amendments will be effective for us beginning the first day of our 2020 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. In November 2018, the FASB issued ASU 2018-18, Collaborative Arrangements (Topic 808): Clarifying the Interaction between Topic 808 and Topic 606 . This ASU resolves the diversity in practice concerning the manner in which entities account for transactions based on their assessment of the economics of a collaborative arrangement. This ASU clarifies that certain transactions between collaborative arrangement participants should be accounted for as revenue when the collaborative arrangement participant is a customer and precludes recognizing as revenue consideration received from a collaborative arrangement if the participant is not a customer. This ASU will be effective for us beginning the first day of our 2020 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. In October 2018, the FASB issued ASU 2018-17, Targeted Improvements to Related Party Guidance for Variable Interest Entities . This ASU provides that indirect interests held through related parties in common control arrangements should be considered on a proportional basis for determining whether fees paid to decision makers and service providers are variable interests. The new guidance is effective for fiscal years beginning after December 15, 2019. This ASU will be effective for us beginning the first day of our 2020 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. In September 2018, the FASB issued ASU 2018-15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40), Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract. This ASU requires implementation costs incurred by customers in cloud computing arrangements (i.e., hosting arrangements) to be capitalized under the same premises of authoritative guidance for internal-use software and deferred over the non-cancellable term of the cloud computing arrangements plus any option renewal periods that are reasonably certain to be exercised by the customer or for which the exercise is controlled by the service provider. This ASU will be effective for us beginning the first day of our 2020 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. In August 2018, the FASB issued ASU 2018-14 , Compensation-Retirement Benefits-Defined Benefit Plans-General (Subtopic 715-20) . This ASU amends Accounting Standards Codification (ASC) 715 to add additional disclosures, remove certain disclosures that are not considered cost beneficial and to clarify certain required disclosures. Early adoption is permitted. This ASU will be effective for us beginning the first day of our 2021 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. 2 . Recently Issued Accounting Pronouncements (continued) In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820), Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurements. This ASU includes additional disclosure requirements for recurring Level 3 fair value measurements, including disclosure of changes in unrealized gains and losses for the period included in other comprehensive income, disclosure of the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements and narrative description of measurement uncertainty related to Level 3 measurements. Early adoption is permitted. This ASU will be effective for us beginning the first day of our 2020 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Measurement of Credit Losses on Financial Instruments, and subsequent amendments to the guidance, ASU 2018-19 in November 2018 and ASU 2019-05 in May 2019 including codification improvements to Topic 326 in ASU 2019-04. The standard significantly changes how entities will measure credit losses for most financial assets and certain other instruments that aren’t measured at fair value through net income. The standard will replace today’s “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. For available-for-sale debt securities, entities will be required to record allowances rather than reduce the carrying amount, as they do today under the other-than-temporary impairment model. It also simplifies the accounting model for purchased credit-impaired debt securities and loans. The amendment will affect loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2018-19 clarifies that receivables arising from operating leases are accounted for using lease guidance and not as financial instruments. ASU 2019-05 provides entities that have certain instruments with an option to irrevocably elect the fair value option. The amendments should be applied on either a prospective transition or modified-retrospective approach depending on the subtopic. This ASU will be effective for us beginning the first day of our 2020 fiscal year. Early adoption is permitted beginning the first day of our 2019 fiscal year. We have commenced an initial analysis, conducted internal learning initiatives and have a team in place to evaluate the disclosure requirements and analyze the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and we are not able to estimate the effect the adoption of the new standard will have on our financial statements.

Asset Impairment and Other Char

Asset Impairment and Other Charges, Net	6 Months Ended
	Jun. 28, 2019
Asset Impairment and Other Charges, Net [Abstract]
Asset Impairment and Other Charges, Net	Asset Impairment and Other Charges, Net The following represents a summary of asset impairment and other charges, net recorded during the quarters and six months ended June 28, 2019 and June 29, 2018 (U.S. dollars in millions): Quarter ended Six months ended June 28, 2019 June 28, 2019 Long-lived Total Long-lived Total Banana segment: Philippine previously announced exit activities of certain low-yield areas $ — $ 0.3 $ 0.3 $ — $ 0.5 $ 0.5 Fresh and value-added products segment: Other fresh and value-added products segment charges 0.4 — 0.4 0.4 — 0.4 Impairment of equity investment (1) 0.1 — 0.1 2.9 — 2.9 Total asset impairment and other charges, net $ 0.5 $ 0.3 $ 0.8 $ 3.3 $ 0.5 $ 3.8 Quarter ended Six months ended June 29, 2018 June 29, 2018 Long-lived Total Long-lived Total Banana segment: Philippine exit activities of certain low-yield areas $ 18.3 $ — $ 18.3 $ 18.3 $ — $ 18.3 Fresh and value added products segment: Chile severance due to restructuring as a result of cost reduction initiatives — 1.6 1.6 — 1.6 1.6 Acquisition costs related to — 0.1 0.1 — 2.6 2.6 Sanger insurance recoveries due to inclement weather conditions — — — — (0.9 ) (0.9 ) Other fresh and value-added segment charges — 0.3 0.3 — 0.3 0.3 Total asset impairment and other charges (credits), net $ 18.3 $ 2.0 $ 20.3 $ 18.3 $ 3.6 $ 21.9 (1) Equity investment relates to our 10% equity ownership interest in Three Limes, Inc., d/b/a The Purple Carrot, which was sold at a loss during the quarter ended June 28, 2019 . Refer to Note 16 , "Fair Value Measurements." (2) Acquisition costs relate to the Mann Packing Co. Inc. and subsidiaries ("Mann Packing") Acquisition. Refer to Note 4 , "Acquisition." 3 . Asset Impairment and Other Charges, Net (continued) Exit Activity and Other Reserves Exit activity and other reserve balances are recorded in the Consolidated Balance Sheets in accounts payable and accrued expenses for the current portion and in other noncurrent liabilities for the noncurrent portion. The following is a rollforward of 2019 exit activity and other reserves (U.S. dollars in millions): Exit activity and Impact to Cash paid Foreign exchange impact Exit activity and Contract termination and other exit activity charges $ 0.5 0.5 (0.9 ) — $ 0.1 $ 0.5 $ 0.5 $ (0.9 ) $ — $ 0.1 During the six months ended June 28, 2019 , we paid approximately $0.9 million in contract terminations related to the previously announced Philippines restructuring, and we expect to make the remaining payment of $0.1 million

Acquisition

Acquisition	6 Months Ended
	Jun. 28, 2019
Business Combinations [Abstract]
Acquisition	Acquisition On February 26, 2018, we completed the acquisition of 100% of the voting interests of Mann Packing Company, Inc and subsidiaries ("Mann Packing"). The results of Mann Packing's operations have been included in our consolidated financial statements since that date. We purchased all of Mann Packing's outstanding capital stock for an aggregate consideration of $357.2 million funded by a $229.7 million three-day promissory note and $127.5 million in cash. The three-day promissory note was settled with cash on hand and borrowings under our Credit Facility. We acquired net assets of $357.2 million , including a put option exercisable by the 25% noncontrolling interest shareholder of one of the acquired subsidiaries. The fair value of the redeemable noncontrolling interest at the acquisition date was $47.4 million . The fair value of the definite-lived intangible assets including customer lists, trade names and trademarks at the acquisition date were $139.8 million . The $162.0 million allocated to goodwill on our Consolidated Balance Sheets represents the excess of the purchase price over the values of assets acquired and liabilities assumed. The goodwill is expected to be mostly deductible for tax purposes. We disclosed the acquisition of Mann Packing in the notes to our consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 28, 2018 . 4 . Acquisition (continued) Our consolidated results include the following financial information of Mann Packing for the partial period from February 27, 2018 to June 29, 2018 : Period from February 27, 2018 to June 29, 2018 Net sales $ 197.5 Net income attributable to $ 3.7 The following unaudited pro forma combined financial information presents our results including Mann Packing as if the business combination had occurred at the beginning of fiscal year 2018: Six months ended June 29, Net sales $ 2,457.7 Net income attributable to $ 37.6 (1) (1) Unaudited pro forma results for the six months ended June 29, 2018 were positively adjusted by $9.6 million , consisting of $11.5 million of nonrecurring transaction related compensation benefits, advisory, legal, accounting, valuation and other professional fees, partially offset by $1.9 million

Income Taxes

Income Taxes	6 Months Ended
	Jun. 28, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes In connection with a current examination of the tax returns in two foreign jurisdictions, the taxing authorities have issued income tax deficiencies related to transfer pricing aggregating approximately $148.9 million (including interest and penalties) for tax years 2012 through 2016. We strongly disagree with the proposed adjustments and have filed a protest with each of the taxing authorities as we believe that the proposed adjustments are without technical merit. We will continue to vigorously contest the adjustments and expect to exhaust all administrative and judicial remedies necessary to resolve the matters, which could be a lengthy process. We regularly assess the likelihood of adverse outcomes resulting from examinations such as these to determine the adequacy of our tax reserves. Accordingly, we have not accrued any additional amounts based upon the proposed adjustments. There can be no assurance that these matters will be resolved in our favor, and an adverse outcome of either matter, or any future tax examinations involving similar assertions, could have a material effect on our financial condition, results of operations and cash flows.

Financing Receivables

Financing Receivables	6 Months Ended
	Jun. 28, 2019
Receivables [Abstract]
Financing Receivables	Financing Receivables Financing receivables are included in other accounts receivable, less allowances on our accompanying Consolidated Balance Sheets and are recognized at net realizable value, which approximates fair value. Other accounts receivable may include value-added taxes receivables, seasonal advances to growers and suppliers, which are usually short-term in nature, and other financing receivables. A significant portion of the fresh produce we sell is acquired through supply contracts with independent growers. In order to ensure the consistent high quality of our products and packaging, we make advances to independent growers and suppliers. These growers and suppliers typically sell all of their production to us and make payments on their advances as a deduction to the agreed upon selling price of the fruit or packaging material. The majority of the advances to growers and suppliers are for terms less than one year and typically span a growing season. In certain cases, there may be longer term advances with terms of up to 4 years . These advances are collateralized by property liens and pledges of the respective season’s produce; however, certain factors such as unfavorable weather conditions, crop disease and financial stability could impact the ability for these growers to repay their advance. Occasionally, we agree to a payment plan or take steps to recover the advance via established collateral. Allowances for advances to growers and suppliers are determined on a case by case basis depending on the production for the season and other contributing factors. We may write-off uncollectable financing receivables after our collection efforts are exhausted. The following table details the advances to growers and suppliers including the related allowance based on their credit risk profile (U.S. dollars in millions): June 28, 2019 December 28, 2018 Short-term Long-term Short-term Long-term Gross advances to growers and suppliers $ 37.9 $ 6.1 $ 51.9 $ 3.7 Allowance for advances to growers and suppliers (past due) (1.8 ) (1.0 ) (2.1 ) (0.7 ) Net advances to growers and suppliers $ 36.1 $ 5.1 $ 49.8 $ 3.0 The short-term and long-term portions of the financing receivables included above are classified in the Consolidated Balance Sheets in other accounts receivable and other noncurrent assets. The allowance for advances to growers and suppliers and the related financing receivables for the quarters and six months ended June 28, 2019 and June 29, 2018 were as follows (U.S. dollars in millions): Quarter ended Six months ended June 28, June 29, June 28, June 29, Allowance for advances to growers and suppliers: Balance, beginning of period $ 2.8 $ 2.3 $ 2.8 $ 2.9 Provision for uncollectible amounts — 0.5 — 0.8 Deductions to allowance related to write-offs — — — (0.9 ) Balance, end of period $ 2.8 $ 2.8 $ 2.8 $ 2.8

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 28, 2019
Share-based Payment Arrangement, Noncash Expense [Abstract]
Share-Based Compensation	Share-Based Compensation Our shareholders approved and ratified the 2014 Omnibus Share Incentive Plan (the “2014 Plan”), which allows us to grant equity-based compensation awards, including stock options, restricted stock awards and restricted stock units including performance stock units. We disclosed the significant terms of the 2014 Plan and prior plans in the notes to our consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 28, 2018 . Stock-based compensation expense related to stock options, restricted stock awards ("RSAs"), restricted stock units ("RSUs") and performance stock units ("PSUs") is included in selling, general and administrative expenses in the accompanying Consolidated Statements of Operations and is comprised as follows (U.S. dollars in millions): Quarter ended Six months ended June 28, June 29, June 28, June 29, Stock options $ — $ — $ — $ 0.1 RSUs/PSUs 1.8 2.3 5.1 5.9 RSAs 0.1 — 1.0 1.0 Total $ 1.9 $ 2.3 $ 6.1 $ 7.0 We received proceeds from the exercise of stock-based options of $0.3 million for the six months ended June 28, 2019 and $0.8 million for the six months ended June 29, 2018 . Restricted Stock Awards A share of restricted stock is one of our ordinary shares that has restrictions on transferability until certain vesting conditions are met. For RSAs awarded under the 2014 Plan, 50% of each award of our restricted stock vested on the date it was granted. The remaining 50% of each award vests upon the six-month anniversary of the date on which the recipient ceases to serve as a member of our Board of Directors. Restricted stock awarded during the six months ended June 28, 2019 and June 29, 2018 allow directors to retain all of their awards once they cease to serve as a member of our Board of Directors and is considered a nonsubstantive service condition in accordance with the guidance provided by ASC 718 on “ Compensation – Stock Compensation. ” Accordingly, we recognize compensation cost immediately for restricted stock awards granted to non-management members of the Board of Directors. The following table lists RSAs awarded under the 2014 plan for the six months ended June 28, 2019 and June 29, 2018 : Date of award Shares of Price per share May 1, 2019 2,830 $ 29.44 January 2, 2019 30,891 28.32 January 2, 2018 21,304 46.93 Restricted Stock Units/Performance Stock Units Under the 2014 Plan, each RSU/PSU represents a contingent right to receive one of our ordinary shares. The PSUs are subject to meeting minimum performance criteria set by the Compensation Committee of our Board of Directors. The actual number of shares the recipient receives is determined based on the results achieved versus performance goals. Those performance goals are based on exceeding a measure of our earnings. Depending on the results achieved, the actual number of shares that an award recipient receives at the end of the period may range from 0% to 100% of the award units granted. Provided such criteria are met, the PSUs will vest in three equal annual installments on each of the next three anniversary dates provided that the recipient remains employed with us. The RSUs will vest 20% on the award date and 20% on each of the next four anniversaries. 7 . Share-Based Compensation (continued) RSUs and PSUs do not have the voting rights of ordinary shares and the shares underlying the RSUs and PSUs are not considered issued and outstanding. However, shares underlying RSUs/PSUs are included in the calculation of diluted earnings per share to the extent the performance criteria are met, if any. The fair market value for RSUs and PSUs is based on the closing price of our stock on the award date. Forfeitures are recognized as they occur. The following table lists the various RSUs and PSUs awarded under the 2014 Plan for the six months ended June 28, 2019 and June 29, 2018 (U.S. dollars in millions, except share and per share data): Date of award Type of award Units awarded Price per share March 25, 2019 RSU 5,000 $ 26.55 February 20, 2019 PSU 85,000 27.71 February 20, 2019 RSU 133,750 27.71 February 21, 2018 (1) PSU 85,000 46.35 February 21, 2018 RSU 125,000 46.35 (1) The 2018 PSU's were forefeited as a result of not meeting the performance metric. RSUs and PSUs are eligible to earn Dividend Equivalent Units ("DEUs") equal to the cash dividend paid to ordinary shareholders. DEUs are subject to the same performance and/or service conditions as the underlying RSUs and PSUs and are forfeitable.

Inventories, net

Inventories, net	6 Months Ended
	Jun. 28, 2019
Inventory Disclosure [Abstract]
Inventories, net	Inventories, net Inventories consisted of the following (U.S. dollars in millions): June 28, December 28, 2018 Finished goods $ 204.3 $ 217.4 Raw materials and packaging supplies 171.7 167.0 Growing crops 154.7 180.9 Total inventories, net $ 530.7 $ 565.3

Leases

Leases	6 Months Ended
	Jun. 28, 2019
Leases [Abstract]
Leases	Leases As of the first day of our 2019 fiscal year beginning December 29, 2018, we adopted ASU No. 2016-02, “Leases (Topic 842),” which requires leases with durations greater than twelve months to be recognized on the balance sheet using the modified retrospective approach. Prior year financial statements were not adjusted under the new standard and, therefore, those amounts are not presented below. We elected the package of transition provisions available for expired or existing contracts, which allowed us to carryforward our historical assessments of (1) whether contracts are or contain leases, (2) lease classification and (3) initial direct costs. We lease property and equipment under finance and operating leases. For leases with terms greater than 12 months, we record the related asset and obligation at the present value of lease payments over the term. Many of our leases include rental escalation clauses, renewal options and/or termination options that are factored into our determination of lease payments when appropriate. We do not separate lease and nonlease components of contracts. Right-of-use assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. Right-of-use assets and liabilities are recognized at the lease commencement date based on the estimated present value of lease payments over the lease term. When available, we use the rate implicit in the lease to discount lease payments to present value; however, most of our leases do not provide a readily determinable implicit rate. Therefore, we must estimate our incremental borrowing rate to discount the lease payments based on information available at lease commencement. We lease agricultural land and certain property, plant and equipment, including office facilities and refrigerated containers, under operating leases. We also enter into ship charter agreements for the transport of our fresh produce to markets worldwide. The lease term consists of the noncancellable period of the lease and the periods covered by options to extend or terminate the lease when it is reasonably certain that the Company will exercise such options. The Company's lease agreements do not contain any residual value guarantees. In Panama, we are developing a banana operation on leased land of which the remaining portion is pending delivery. Future lease payments will be $0.5 million annually for 40 years . 9 . Leases (continued) Lease Position The following table presents the lease-related assets and liabilities recorded on the balance sheet as of June 28, 2019 (U.S. dollars in millions): Classification on the Balance Sheet June 28, 2019 Assets Operating lease assets Operating lease right-of-use assets $ 182.1 Finance lease assets Property, plant and equipment, net 1.2 Total lease assets $ 183.3 Liabilities Current Operating Current maturities of operating leases $ 49.9 Finance Current maturities of debt and finance leases 0.4 Noncurrent Operating Operating leases, less current maturities 104.6 Finance Long-term debt and finance leases, less current maturities 0.4 Total lease liabilities $ 155.3 Weighted-average remaining lease term: Operating leases 7.4 years Finance leases 1.9 years Weighted-average discount rate: Operating leases (1) 8.92 % Finance leases 4.44 % (1) Upon adoption of the new lease standard, discount rates used for existing leases were established at December 29, 2018. Lease Costs The following table presents certain information related to the lease costs for finance and operating leases for the quarter and six months ended June 28, 2019 (U.S. dollars in millions): June 28, Quarter ended Six months ended Finance lease cost Amortization of lease assets $ — $ 0.1 Operating lease cost 23.4 $ 46.7 Short-term lease cost 1.9 $ 4.3 Variable lease cost 1.6 $ 2.9 Total lease cost $ 26.9 $ 54.0 9 . Leases (continued) Other Information The following table presents supplemental cash flow information related to the leases for the quarter and six months ended June 28, 2019 (U.S. dollars in millions): June 28, Quarter ended Six months ended Cash paid for amounts included in the measurement of lease liabilities Operating cash flows for operating leases $ 21.6 $ 42.1 Financing cash flows for finance leases 0.2 $ 0.3 The changes in the operating lease right-of-use assets were $26.1 million, and $21.5 million for the changes in the liability accounts recorded in connection with the recognition of operating lease expenses for six months ended June 28, 2019 . These changes have been reflected within Other noncurrent asset and liabilities in our Consolidated Statement of Cash Flows. Undiscounted Cash Flows The following table reconciles the undiscounted cash flows for each of the first five years and total remaining years to the finance lease liabilities and operating lease liabilities recorded on the balance sheet as of June 28, 2019 (U.S. dollars in millions): Operating Leases Finance Leases Remainder of 2019 $ 44.1 $ 0.2 2020 37.7 0.3 2021 25.3 0.3 2022 17.5 — 2023 15.3 — Thereafter 78.3 — Total lease payments 218.2 0.8 Less: imputed interest 63.7 — Total lease liabilities $ 154.5 $ 0.8
Leases	Leases As of the first day of our 2019 fiscal year beginning December 29, 2018, we adopted ASU No. 2016-02, “Leases (Topic 842),” which requires leases with durations greater than twelve months to be recognized on the balance sheet using the modified retrospective approach. Prior year financial statements were not adjusted under the new standard and, therefore, those amounts are not presented below. We elected the package of transition provisions available for expired or existing contracts, which allowed us to carryforward our historical assessments of (1) whether contracts are or contain leases, (2) lease classification and (3) initial direct costs. We lease property and equipment under finance and operating leases. For leases with terms greater than 12 months, we record the related asset and obligation at the present value of lease payments over the term. Many of our leases include rental escalation clauses, renewal options and/or termination options that are factored into our determination of lease payments when appropriate. We do not separate lease and nonlease components of contracts. Right-of-use assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. Right-of-use assets and liabilities are recognized at the lease commencement date based on the estimated present value of lease payments over the lease term. When available, we use the rate implicit in the lease to discount lease payments to present value; however, most of our leases do not provide a readily determinable implicit rate. Therefore, we must estimate our incremental borrowing rate to discount the lease payments based on information available at lease commencement. We lease agricultural land and certain property, plant and equipment, including office facilities and refrigerated containers, under operating leases. We also enter into ship charter agreements for the transport of our fresh produce to markets worldwide. The lease term consists of the noncancellable period of the lease and the periods covered by options to extend or terminate the lease when it is reasonably certain that the Company will exercise such options. The Company's lease agreements do not contain any residual value guarantees. In Panama, we are developing a banana operation on leased land of which the remaining portion is pending delivery. Future lease payments will be $0.5 million annually for 40 years . 9 . Leases (continued) Lease Position The following table presents the lease-related assets and liabilities recorded on the balance sheet as of June 28, 2019 (U.S. dollars in millions): Classification on the Balance Sheet June 28, 2019 Assets Operating lease assets Operating lease right-of-use assets $ 182.1 Finance lease assets Property, plant and equipment, net 1.2 Total lease assets $ 183.3 Liabilities Current Operating Current maturities of operating leases $ 49.9 Finance Current maturities of debt and finance leases 0.4 Noncurrent Operating Operating leases, less current maturities 104.6 Finance Long-term debt and finance leases, less current maturities 0.4 Total lease liabilities $ 155.3 Weighted-average remaining lease term: Operating leases 7.4 years Finance leases 1.9 years Weighted-average discount rate: Operating leases (1) 8.92 % Finance leases 4.44 % (1) Upon adoption of the new lease standard, discount rates used for existing leases were established at December 29, 2018. Lease Costs The following table presents certain information related to the lease costs for finance and operating leases for the quarter and six months ended June 28, 2019 (U.S. dollars in millions): June 28, Quarter ended Six months ended Finance lease cost Amortization of lease assets $ — $ 0.1 Operating lease cost 23.4 $ 46.7 Short-term lease cost 1.9 $ 4.3 Variable lease cost 1.6 $ 2.9 Total lease cost $ 26.9 $ 54.0 9 . Leases (continued) Other Information The following table presents supplemental cash flow information related to the leases for the quarter and six months ended June 28, 2019 (U.S. dollars in millions): June 28, Quarter ended Six months ended Cash paid for amounts included in the measurement of lease liabilities Operating cash flows for operating leases $ 21.6 $ 42.1 Financing cash flows for finance leases 0.2 $ 0.3 The changes in the operating lease right-of-use assets were $26.1 million, and $21.5 million for the changes in the liability accounts recorded in connection with the recognition of operating lease expenses for six months ended June 28, 2019 . These changes have been reflected within Other noncurrent asset and liabilities in our Consolidated Statement of Cash Flows. Undiscounted Cash Flows The following table reconciles the undiscounted cash flows for each of the first five years and total remaining years to the finance lease liabilities and operating lease liabilities recorded on the balance sheet as of June 28, 2019 (U.S. dollars in millions): Operating Leases Finance Leases Remainder of 2019 $ 44.1 $ 0.2 2020 37.7 0.3 2021 25.3 0.3 2022 17.5 — 2023 15.3 — Thereafter 78.3 — Total lease payments 218.2 0.8 Less: imputed interest 63.7 — Total lease liabilities $ 154.5 $ 0.8

Debt and Finance Lease Obligati

Debt and Finance Lease Obligations	6 Months Ended
	Jun. 28, 2019
Long-term Debt and Lease Obligation [Abstract]
Debt and Finance Lease Obligations	Debt and Finance Lease Obligations The following is a summary of long-term debt and finance lease obligations (U.S. dollars in millions): June 28, December 28, Senior unsecured revolving credit facility (1) (see Credit Facility below) $ 639.6 $ 661.3 Finance lease obligations 0.8 1.1 Total debt and finance lease obligations 640.4 662.4 Less: Current maturities (1) (640.0 ) (0.5 ) Long-term debt and finance lease obligations $ 0.4 $ 661.9 (1) The Senior unsecured revolving credit facility matures April 15, 2020 and is classified as current. Credit Facility On April 16, 2015, we entered into a five -year $800 million syndicated senior unsecured revolving credit facility maturing on April 15, 2020 (the "Credit Facility") with Bank of America, N.A. as administrative agent and Merrill Lynch, Pierce, Fenner & Smith Inc. as sole lead arranger and sole book manager. Borrowings under the Credit Facility bear interest at a spread over LIBOR that varies with our leverage ratio. The Credit Facility also includes a swing line facility and a letter of credit facility. On September 27, 2018, we amended certain covenant ratios of our Credit Facility. On February 27, 2018, we exercised an option to increase the total commitments under the Credit Facility from $800 million to $1.1 billion . Debt issuance costs of $0.3 million are included in other noncurrent assets on our Consolidated Balance Sheets as of the six months ended June 28, 2019 . We have a renewable 364 -day, $25.0 million commercial stand-by letter of credit facility with Rabobank Nederland. The following is a summary of the material terms of the Credit Facility and other working capital facilities at June 28, 2019 (U.S. dollars in millions): Term Maturity Interest rate Borrowing Available Bank of America credit facility 5 years April 15, 2020 3.95% $ 1,100.0 $ 460.4 Rabobank letter of credit facility 364 days June 18, 2019 Varies 25.0 16.6 Other working capital facilities Varies Varies Varies 23.3 13.9 $ 1,148.3 $ 490.9 The current margin for LIBOR advances is 1.50% . We intend to use funds borrowed under the Credit Facility from time to time for general corporate purposes, which may include the repayment, redemption or refinancing of our existing indebtedness, working capital needs, capital expenditures, funding of possible acquisitions, possible share repurchases and satisfaction of other obligations. 10 . Debt and Finance Lease Obligations (continued) The Credit Facility requires us to comply with financial and other covenants, including limitations on capital expenditures, the amount of dividends that can be paid in the future, the amount and types of liens and indebtedness, material asset sales and mergers. As of June 28, 2019 , we were in compliance with all of the covenants contained in the Credit Facility. The Credit Facility is unsecured and is guaranteed by certain of our subsidiaries. The Credit Facility permits borrowings under the revolving commitment with an interest rate determined based on our leverage ratio and spread over LIBOR. In addition, we pay a fee on unused commitments. Our Credit Facility matures on April 15, 2020 and represents our principal method of supplementing operating cash flows for our working capital and other liquidity requirements. We plan to refinance our Credit Facility before maturity, based on our history of earnings and positive cash flows along with our long-standing relationships with our current bank group and our credit rating. We believe that our operating cash flows, together with our ability to renew the Credit Facility will be adequate to meet our operating, investing and financing needs in the foreseeable future. There are no assurances that volatility and uncertainty in the global capital markets will not impair our ability to access these markets in terms that are favorable to us. As of June 28, 2019 , we applied $8.4 million to the Rabobank Nederland and Bank of America letter of credit facilities in respect of certain contingent obligations and other governmental agency guarantees combined with guarantees for purchases of raw materials and equipment and other trade related letters of credit. We also had $17.5 million in other letters of credit and bank guarantees not included in the Rabobank or Bank of America letter of credit facilities. As of June 28, 2018 , we entered into interest rate swaps in order to hedge the risk of the fluctuation on future interest payments related to our variable rate LIBOR-based borrowings from our Credit Facility. Refer to Note 15 , “ Derivative Financial Instruments ”.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 28, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Kunia Well Site In 1980, elevated levels of certain chemicals were detected in the soil and ground-water at a plantation leased by one of our U.S. subsidiaries in Honolulu, Hawaii (the “Kunia Well Site”). Shortly thereafter, our subsidiary discontinued the use of the Kunia Well Site and provided an alternate water source to area well users and the subsidiary commenced its own voluntary cleanup operation. In 1993, the Environmental Protection Agency (“EPA”) identified the Kunia Well Site for potential listing on the National Priorities List (“NPL”) under the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended. On December 16, 1994, the EPA issued a final rule adding the Kunia Well Site to the NPL. On September 28, 1995, our subsidiary entered into an order (the “Order”) with the EPA to conduct the remedial investigation and the feasibility study of the Kunia Well Site. Under the terms of the Order, our subsidiary submitted a remedial investigation report in November 1998 and a final draft feasibility study in December 1999 (which was updated from time to time) for review by the EPA. The EPA approved the remedial investigation report in February 1999 and the feasibility study on April 22, 2003. As a result of communications with the EPA in 2001, we recorded a charge of $15.0 million in the third quarter of 2001 to increase the recorded liability to the estimated expected future cleanup cost for the Kunia Well Site to $19.1 million . Based on conversations with the EPA in the third quarter of 2002 and consultation with our legal counsel and other experts, we recorded a charge of $7.0 million during the third quarter of 2002 to increase the accrual for the expected future clean-up costs for the Kunia Well Site to $26.1 million . On September 25, 2003, the EPA issued the Record of Decision (“ROD”). The EPA estimates in the ROD that the remediation costs associated with the cleanup of the Kunia Well Site will range from $12.9 million to $25.4 million and will last approximately 10 years . It remains to be determined how long the remediation will actually last. On January 13, 2004, the EPA deleted a portion of the Kunia Well Site (Northeast section) from the NPL. On May 2, 2005, our subsidiary signed a Consent Decree with the EPA for the performance of the clean-up work for the Kunia Well Site. On September 27, 2005, the U.S. District Court for Hawaii approved and entered the Consent Decree. Based on findings from remedial investigations at the Kunia Well Site, our subsidiary continues to evaluate with the EPA the clean-up work currently in progress in accordance with the Consent Decree. The estimates are between $13.4 million and $28.7 million . The estimate on which our accrual is based, totals $13.4 million . As of June 28, 2019 , we recorded $13.1 million included in other noncurrent liabilities and $0.3 million included in accounts payable and accrued expenses in our Consolidated Balance Sheets for the Kunia Well Site clean-up. We expect to expend approximately $0.3 million in 2019, $1.1 million in 2020, $1.0 million in 2021 and $0.9 million in each of the years 2022 and 2023, and the remaining amounts to be expended in subsequent years. Additional Information In addition to the foregoing, we are involved from time to time in various claims and legal actions incident to our operations, both as plaintiff and defendant. In the opinion of management, after consulting with legal counsel, none of these other claims are currently expected to have a material adverse effect on the results of operations, financial position or our cash flows. We intend to vigorously defend ourselves in all of the above matters. Business Litigation On March 14, 2019, we settled a business transaction litigation matter for $17.0 million in our favor. The settlement resulted in a gain of approximately $16.7 million , net of $0.3 million in litigation expenses and is included in other income, net on our Consolidated Statements of Operations.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 28, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic and diluted net income per ordinary share is calculated as follows (U.S. dollars in millions, except share and per share data): Quarter ended Six months ended June 28, June 29, June 28, June 29, Numerator: Net income (loss) attributable to Fresh Del Monte Produce Inc. $ 38.1 $ (7.9 ) $ 74.2 $ 33.6 Denominator: Weighted average number of ordinary shares - Basic 48,533,444 48,753,227 48,540,571 48,767,411 Effect of dilutive securities - share-based employee options and awards 48,691 — 84,385 244,986 Weighted average number of ordinary shares - Diluted 48,582,135 48,753,227 48,624,956 49,012,397 Antidilutive awards (1) 162,922 739,106 162,922 30,562 Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc.: Basic $ 0.79 $ (0.16 ) $ 1.53 $ 0.69 Diluted $ 0.78 $ (0.16 ) $ 1.53 $ 0.69 (1) Certain unvested RSUs and PSUs are not included in the calculation of net income per ordinary share because the effect would have been antidilutive. Refer to Note 18 , “ Shareholders’ Equity ”, for disclosures related to the stock repurchase program and retired shares.

Retirement and Other Employee B

Retirement and Other Employee Benefits	6 Months Ended
	Jun. 28, 2019
Retirement Benefits [Abstract]
Retirement and Other Employee Benefits	Retirement and Other Employee Benefits The following table sets forth the net periodic benefit costs of our defined benefit pension plans and post-retirement benefit plans (U.S. dollars in millions): Quarter ended Six months ended June 28, June 29, June 28, June 29, Service cost $ 1.4 $ 1.5 $ 2.8 $ 3.0 Interest cost 1.7 1.6 3.4 3.2 Expected return on assets (0.8 ) (0.9 ) (1.6 ) (1.8 ) Amortization of net actuarial loss 0.1 0.2 0.2 0.4 Net periodic benefit costs $ 2.4 $ 2.4 $ 4.8 $ 4.8 We provide certain other retirement benefits to certain employees who are not U.S.-based and are not included above. Generally, benefits under these programs are based on an employee’s length of service and level of compensation. These programs are immaterial to our consolidated financial statements. The net periodic benefit costs related to other non-U.S.-based plans is $0.8 million for the quarter ended June 28, 2019 and $0.7 million for the quarter ended June 29, 2018 . The net periodic benefit costs related to other non-U.S.-based plans is $1.6 million for the six months ended June 28, 2019 and $1.4 million for the six months ended June 29, 2018

Business Segment Data

Business Segment Data	6 Months Ended
	Jun. 28, 2019
Segment Reporting [Abstract]
Business Segment Data	Business Segment Data We are principally engaged in one major line of business, the production, distribution and marketing of fresh and value-added products and bananas. Our products are sold in markets throughout the world with our major producing operations located in North, Central and South America, Europe, Asia and Africa. During March 2019, we changed our reportable segments to reflect the manner in which we manage our business. Based on changes to our organization structure and how our Chief Operating Decision Maker “CODM” reviews operating results and makes decisions about resource allocations. We have two reportable segments that represent our primary businesses which include fresh and value-added products and bananas. We also have other products and services segment which includes our ancillary businesses. Prior period amounts were adjusted retrospectively to reflect the changes in our segment data. Fresh and value-added products includes pineapples, melons, non-tropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries and kiwis), other fruit and vegetables, avocados, fresh-cut fruit and vegetables, prepared fruit and vegetables, juices, other beverages, prepared meals and snacks. Other products and services includes poultry and meat products, a plastic product business and a third-party freight services. We evaluate performance based on several factors, of which net sales and gross profit by product are the primary financial measures (U.S. dollars in millions): Quarter ended June 28, 2019 June 29, 2018 Segments: Net Sales Gross Profit Net Sales Gross Profit Fresh and value-added products $ 764.3 $ 58.1 $ 780.7 $ 51.3 Banana 440.0 35.0 457.8 23.8 Other products and services 35.1 3.2 33.9 3.2 Totals $ 1,239.4 $ 96.3 $ 1,272.4 $ 78.3 Six months ended June 28, 2019 June 29, 2018 Segments: Net Sales Gross Profit Net Sales Gross Profit Fresh and value-added products $ 1,454.3 $ 119.5 $ 1,397.3 (1 ) $ 102.6 (1 ) Banana 871.5 68.0 910.9 75.9 Other products and services 67.8 2.1 70.3 6.3 Totals $ 2,393.6 $ 189.6 $ 2,378.5 $ 184.8 Quarter ended Six months ended Net Sales by geographic region: June 28, June 29, June 28, June 29, North America $ 816.8 $ 814.8 $ 1,565.6 $ 1,478.3 (1) Europe 171.2 175.8 342.5 369.9 Asia 131.1 135.8 251.8 248.4 Middle East 109.3 126.0 207.1 241.9 Other 11.0 20.0 26.6 40.0 Totals $ 1,239.4 $ 1,272.4 $ 2,393.6 $ 2,378.5 (1) Includes Net Sales of $197.5 million and Gross Profit of $17.9 million for the period from February 27, 2018 to June 29, 2018 related to Mann Packing. Refer to Note 4 , “ Acquisition ”, for further discussion on the Mann Packing acquisition. 14 . Business Segment Data (continued) The following table indicates our net sales by product: Quarter ended Six months ended June 28, June 29, June 28, June 29, Fresh and value-added products: Fresh-cut fruit 147.0 12 % 146.9 12 % 265.6 11 % 264.7 11 % Fresh-cut vegetables 121.4 10 % 125.2 10 % 243.9 10 % 187.8 8 % Gold pineapples 126.1 10 % 139.4 11 % 237.4 10 % 259.5 11 % Avocados 124.9 10 % 95.1 7 % 213.5 9 % 179.2 8 % Non-tropical fruit 69.5 6 % 86.5 7 % 130.9 6 % 152.6 6 % Prepared foods 66.8 5 % 68.2 5 % 132.5 6 % 123.2 5 % Melons 25.0 2 % 34.3 3 % 69.7 3 % 85.5 4 % Tomatoes 15.4 1 % 19.0 1 % 28.9 1 % 35.1 2 % Vegetables 40.6 3 % 38.7 3 % 79.3 3 % 57.6 2 % Other fruit and vegetables 27.6 2 % 27.4 2 % 52.6 2 % 52.1 2 % Total fresh and value-added products $ 764.3 61 % $ 780.7 61 % $ 1,454.3 61 % $ 1,397.3 59 % Banana 440.0 36 % 457.8 36 % $ 871.5 36 % $ 910.9 38 % Other products and services 35.1 3 % 33.9 3 % $ 67.8 3 % $ 70.3 3 % Totals $ 1,239.4 100 % $ 1,272.4 100 % $ 2,393.6 100 % $ 2,378.5 100 %

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments Our derivative financial instruments reduce our exposure to fluctuations in foreign exchange rates and variable interest rates. We predominantly designate our derivative financial instruments as cash flow hedges. Counterparties expose us to credit loss in the event of non-performance on hedges. We monitor our exposure to counterparty non-performance risk both at inception of the hedge and at least quarterly thereafter. Because of the high degree of effectiveness between the hedging instrument and the underlying exposure being hedged, fluctuations in the value of the derivative instruments are generally offset by changes in the cash flows or fair value of the underlying exposures being hedged. In addition, we perform an assessment of hedge effectiveness, both at inception and at least quarterly thereafter, to determine whether the financial instruments that are used in hedging transactions are effective at offsetting changes in the cash flows or fair value of the related underlying exposures. A cash flow hedge requires that the change in the fair value of a derivative instrument be recognized in other comprehensive income, a component of shareholders’ equity, and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings and is presented in the same income statement line item as the earnings effect of the hedged item. 15 . Derivative Financial Instruments (continued) Certain of our derivative instruments contain provisions that require the current credit relationship between us and our counterparty to be maintained throughout the term of the derivative instruments. If that credit relationship changes, certain provisions could be triggered, and the counterparty could request immediate collateralization of derivative instruments in net liability position above a certain threshold. There are derivative instruments with a credit-risk-related contingent feature that are in a liability position on June 28, 2019 , however they are immaterial to our financial condition and results of operation. As of June 28, 2019 , no triggering event has occurred and thus we are not required to post collateral. If the credit-risk-related contingent features underlying these agreements were triggered on June 28, 2019 , we would not be required to post collateral to the counterparty, because the collateralization threshold has not been met. Derivative instruments are disclosed on a gross basis. There are various rights of setoff associated with our derivative instruments that are subject to an enforceable master netting arrangement or similar agreements. Although various rights of setoff and master netting arrangements or similar agreements may exist with the individual counterparties, individually, these financial rights are not material. Foreign Currency Hedges We are exposed to fluctuations in currency exchange rates against the U.S. dollar on our results of operations and financial condition, and we mitigate that exposure by entering into foreign currency forward contracts. Certain of our subsidiaries periodically enter into foreign currency forward contracts in order to hedge portions of forecasted sales or cost of sales denominated in foreign currencies, which generally mature within one year. Our foreign currency hedges were entered into for the purpose of hedging portions of our 2019 and 2020 foreign currency exposure. The foreign currency forward contracts qualifying as cash flow hedges were designated as single-purpose cash flow hedges of forecasted cash flows. We had the following outstanding foreign currency forward contracts as of June 28, 2019 (in millions): Foreign currency contracts qualifying as cash flow hedges: Notional amount Euro EUR 81.7 British pound GBP 3.7 Japanese yen JPY 5,024.6 Korean won KRW 14,985.6 15 . Derivative Financial Instruments (continued) Interest Rate Contracts We are exposed to fluctuations in variable interest rates on our results of operations and financial condition and we mitigate that exposure by entering into interest rate swaps. We entered into interest rate swaps in order to hedge the risk of the fluctuation on future interest payments related to our variable rate LIBOR-based borrowings through 2028. Gains or losses on interest rate swaps are recorded in other comprehensive income and will be subsequently reclassified into earnings as interest expense as the interest expense on debt is recognized in earnings. At June 28, 2019 , the notional value of interest rate contracts outstanding was $400.0 million , $200.0 million maturing in 2024 and the remaining $200.0 million maturing in 2028 . Refer to Note 10 , “ Debt and Finance Lease Obligations. ” The following table reflects the fair values of derivative instruments, which are designated as level 2 in the fair value hierarchy, as of June 28, 2019 and December 28, 2018 (U.S. dollars in millions): Derivatives designated as hedging instruments (1) Foreign exchange contracts Interest rate swaps Total Balance Sheet location: June 28, 2019 (2) December 28, June 28, December 28, June 28, December 28, Asset derivatives: Prepaid expenses and other current assets $ 3.0 $ 1.6 $ — $ — $ 3.0 $ 1.6 Total asset derivatives $ 3.0 $ 1.6 $ — $ — $ 3.0 $ 1.6 Liability derivatives: Accounts payable and accrued expenses $ 0.4 $ 0.8 $ — $ — $ 0.4 $ 0.8 Other long-term liabilities — — 28.9 7.6 28.9 7.6 Total liability derivatives $ 0.4 $ 0.8 $ 28.9 $ 7.6 $ 29.3 $ 8.4 (1) See Note 16 , " Fair Value Measurements ", for fair value disclosures. (2) We expect that $2.6 million of the net fair value of hedges recognized as a net gain in accumulated other comprehensive income ("AOCI") will be transferred to earnings during the next 12 months and the remaining net loss of $28.9 million over a period of 10 years, along with the earnings effect of the related forecasted transactions. 15 . Derivative Financial Instruments (continued) The following table reflects the effect of derivative instruments on the Consolidated Statements of Operations for the quarters and six months ended June 28, 2019 and June 29, 2018 (U.S. dollars in millions): Derivatives in effective cash flow hedging relationships Amount of gain (loss) recognized in other Location of (loss) income Amount of (loss) income reclassified from Quarter ended Quarter ended June 28, June 29, June 28, June 29, Foreign exchange $ (2.2 ) $ 6.0 Net sales $ 1.7 $ 0.9 Foreign exchange 0.1 0.7 Cost of products sold 0.5 0.1 Interest rate swaps (12.1 ) (2.0 ) Interest expense (0.4 ) (0.1 ) Total $ (14.2 ) $ 4.7 $ 1.8 $ 0.9 Six months ended Six months ended June 28, June 29, June 28, June 29, Foreign exchange $ 1.0 $ 4.2 Net sales $ 2.4 $ 0.2 Foreign exchange 0.8 0.7 Cost of products sold 0.6 0.3 Interest rate swaps (21.3 ) (2.0 ) Interest expense (0.7 ) (0.1 ) Total $ (19.5 ) $ 2.9 $ 2.3 $ 0.4

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 28, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We measure fair value for financial instruments, such as derivatives and equity securities, on an ongoing basis. We measure fair value for non-financial assets when a valuation is necessary, such as for impairment of long-lived and indefinite-lived assets. Fair value is measured in accordance with the ASC on “ Fair Value Measurements and Disclosures. ” The ASC on “ Fair Value Measurements and Disclosures ” defines fair value, establishes a framework for measuring fair value and enhances disclosures about fair value measures required under other accounting pronouncements, but does not change existing guidance as to whether or not an instrument is carried at fair value. Derivative Instruments We may choose to mitigate the risk of fluctuations in currency exchange rates and interest rates on our results of operations and financial condition by entering into foreign currency and interest rate swap cash flow hedges. We account for the fair value of the related hedge contracts as prepaid expenses and other current assets, other non-current assets, accounts payable and accrued expenses or other non-current liabilities. We use an income approach to value our outstanding foreign currency and interest rate hedges. An income approach consists of a discounted cash flow model that takes into account the present value of future cash flows under the terms of the contract using current market information as of the measurement date such as foreign currency, spot and forward rates, interest rates and interest rate curves. Additionally, we include an element of default risk based on observable inputs into the fair value calculation. Due to the fact that certain inputs to fair value these derivative instruments can be observed, they are classified as Level 2. 16 . Fair Value Measurements (continued) The following table provides a summary of the fair values of assets and liabilities measured on a recurring basis under the ASC on “ Fair Value Measurements and Disclosures ” (U.S. dollars in millions): Fair value measurements Foreign currency forward contracts, net asset (liability) Interest rate contracts, net (liability) asset June 28, December 28, June 28, December 28, Quoted prices in active markets for identical assets (Level 1) $ — $ — $ — $ — Significant observable inputs (Level 2) 2.6 0.8 (28.9 ) (7.6 ) Significant unobservable inputs (Level 3) — — — — In estimating our fair value disclosures for financial instruments, we use the following methods and assumptions: Cash and cash equivalents: The carrying amount reported in the Consolidated Balance Sheets for these items approximates fair value due to their liquid nature and are classified as Level 1. Trade accounts receivable and other accounts receivable, net: The carrying value reported in the Consolidated Balance Sheets for these items is net of allowances, which includes a degree of counterparty non-performance risk and are classified as Level 2. Accounts payable and other current liabilities: The carrying value reported in the Consolidated Balance Sheets for these items approximates their fair value, which is the likely amount for which the liability with short settlement periods would be transferred to a market participant with a similar credit standing as ours and are classified as Level 2. Finance and Operating leases: The carrying value of our finance leases reported in the Consolidated Balance Sheets approximates their fair value based on current interest rates, which contain an element of default risk. The fair value of our finance leases is estimated using Level 2 inputs based on quoted prices for those or similar instruments. For the operating leases we use the rate implicit in the lease to discount lease payments to present value; however, most of our leases do not provide a readily determinable implicit rate. Therefore, we must estimate our incremental borrowing rate to discount the lease payments based on information available at lease commencement. Refer to Note 10 , “ Debt and Finance Lease Obligations ” and Note 9 , " Leases." Long-term debt: The carrying value of our long-term debt reported in the Consolidated Balance Sheets approximates their fair value since they bear interest at variable rates which contain an element of default risk. The fair value of our long-term debt is estimated using Level 2 inputs based on quoted prices for those or similar instruments. Refer to Note 10 , “ Debt and Finance Lease Obligations. ” Fair Value of Non-Financial Assets The purchase price allocation for the Mann Packing acquisition reflected in the accompanying financial statements and includes $162.0 million allocated to goodwill representing the excess of the purchase price over the fair values of assets acquired and liabilities assumed and is subject to revision. The fair value of the net assets acquired are estimated using Level 3 inputs based on unobservable inputs except for items such as working capital which are valued using Level 2 inputs due to mix of quoted prices for similar instruments and cash and cash equivalents valued as Level 1 due to its highly liquid nature. We primarily utilized the cost approach for the valuation of the personal and real property. For the definite-lived intangible assets including customer list intangibles and trade names and trademark were valued primarily using an income approach methodology. 16 . Fair Value Measurements (continued) The Mann Packing acquisition includes a put option exercisable by the 25% shareholder of one of the acquired subsidiaries. The put option allows the noncontrolling owner to sell his 25% noncontrolling interest to us for a multiple of the subsidiary's adjusted earnings. As the put option is outside of our control, the estimated value of the 25% noncontrolling interest is presented as a redeemable noncontrolling interest outside of permanent equity on our Consolidated Balance Sheets. The fair value of the redeemable noncontrolling interest and put option at the acquisition date was valued based on a mix of the income approach for determining the value of the redeemable noncontrolling interest and market approach for determining the most advantageous redemption point for the put option using a Monte Carlo simulation method. The fair value assigned to this interest is estimated using Level 3 inputs based on unobservable inputs. Refer to Note 4 " Acquisition " for further discussion on the acquisition of Mann Packing and also refer to further information regarding the Mann Packing acquisition in the notes to the consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 28, 2018 . The fair value of the banana reporting unit's goodwill and the prepared food unit's remaining trade names and trademarks are highly sensitive to differences between estimated and actual cash flows and changes in the related discount rate used to evaluate the fair value of these assets. We disclosed the sensitivity related to the banana reporting unit's goodwill and the prepared food reporting unit's trade names and trademarks in our notes to the consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 28, 2018 . As of June 28, 2019 , we have $26.4 million of property, plant and equipment meeting the criteria of assets held for sale primarily related to the discontinuance of tomato production assets including land, buildings and machinery and equipment in the United States in the fresh and value-added products segment. These assets are recognized at the lower of cost or fair value less cost to sell. During the quarter ended June 28, 2019 , we received proceeds of $21.8 million from the sale of certain tomato lands and recorded a gain on disposal of property, plant and equipment, net of $5.7 million . The Company recorded asset impairment and other charges during the quarter ended June 28, 2019 , that do not fall under the scope of fair value measurement. Refer to Note 3 , "Asset Impairment and Other Charges, Net" . The following is a tabular presentation of the non-recurring fair value measurements recorded during the first six months of 2019, along with the level within the fair value hierarchy in which the fair value measurement in their entirety fall (U.S. dollars in millions): Fair value measurements for the six months ended June 28, 2019 Total Quoted Prices in Significant Other Significant Equity Investment $ 1.4 $ — $ — $ 1.4 $ 1.4 $ — $ — $ 1.4 During the first quarter of 2019, we had a charge of $2.8 million in asset impairment and other charges, net related to an equity investment of $ 4.2 million in Purple Carrot. We calculated the fair value of $1.4 million using the market approach. The fair value of these assets are classified as Level 3 in the fair value hierarchy due to the mix of unobservable inputs utilized. During the second quarter of 2019, we sold the equity investment in Purple Carrot, and we also had an additional charge of $0.1 million in asset impairment and other charges, net related to the sale.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 28, 2019
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The following table includes the changes in accumulated other comprehensive (loss) income attributable to U.S. by component under the ASC on “ Comprehensive Income ” (U.S. dollars in millions): Changes in accumulated other comprehensive income (loss) by component (1) Six months ended June 28, 2019 Changes in fair Value of Effective cash Flow hedges Foreign Currency Translation Adjustment Retirement Benefit Adjustment Total Balance at December 28, 2018 $ (5.8 ) $ (14.9 ) $ (20.9 ) $ (41.6 ) Other comprehensive (loss) before reclassifications (14.5 ) (3) (0.3 ) (2) (0.2 ) (15.0 ) Amounts reclassified from accumulated other comprehensive (loss) income (2.3 ) — 0.3 (2.0 ) Net current period other comprehensive (loss) (16.8 ) (0.3 ) 0.1 (17.0 ) Balance at June 28, 2019 $ (22.6 ) $ (15.2 ) $ (20.8 ) $ (58.6 ) Six months ended June 29, 2018 Balance at December 29, 2017 $ (1.4 ) $ (6.7 ) $ (22.5 ) $ (30.6 ) Other comprehensive income (loss) before reclassifications 3.3 (4.8 ) (2) 0.1 (1.4 ) Amounts reclassified from accumulated other comprehensive (loss) income (0.4 ) — 0.4 — Net current period other comprehensive income (loss) 2.9 (4.8 ) 0.5 (1.4 ) Balance at June 29, 2018 $ 1.5 $ (11.5 ) $ (22.0 ) $ (32.0 ) (1) All amounts are net of tax and noncontrolling interest. (2) Includes a gain of $2.2 million and a loss of $1.0 million for the six months ended June 28, 2019 and six months ended June 29, 2018 , on intra-entity foreign currency transactions that are of a long-term-investment nature. (3) Includes a tax effect of $2.8 million for the six months ended June 28, 2019 . 17 . Accumulated Other Comprehensive Income (Loss) (continued) The following table includes details about amounts reclassified from accumulated other comprehensive (loss) income by component (U.S. dollars in millions): Amount reclassified from accumulated other comprehensive income (loss) June 28, 2019 June 29, 2018 Details about accumulated other comprehensive income (loss) components Quarter ended Six months ended Quarter ended Six months ended Affected line item in the statement where net income is present Changes in fair value of effective cash flow hedges: Foreign currency cash flow hedges $ (1.7 ) $ (2.4 ) $ (0.9 ) $ (0.2 ) Net sales Foreign currency cash flow hedges (0.5 ) (0.6 ) (0.1 ) (0.3 ) Cost of products sold Interest rate swaps 0.4 0.7 0.1 0.1 Interest expense Total $ (1.8 ) $ (2.3 ) $ (0.9 ) $ (0.4 ) Amortization of retirement benefits: Actuarial losses (1) 0.1 0.3 0.2 0.4 Other expense, net Total $ 0.1 $ 0.3 $ 0.2 $ 0.4 (1) Refer to Note 13 , " Retirement and Other Employee Benefits " for additional information on reclassification of certain net periodic pension costs due to adoption of ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost regarding the presentation of components of net periodic pension costs.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 28, 2019
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders’ Equity Our shareholders have authorized 50,000,000 preferred shares at $0.01 par value, of which none are issued or outstanding at June 28, 2019 , and 200,000,000 ordinary shares at $0.01 par value, of which 48,301,093 are issued and outstanding at June 28, 2019 . Ordinary share activity is summarized as follows: Six months ended June 28, June 29, Ordinary shares issued (retired) as a result of: Stock option exercises 18,250 36,500 Restricted stock grants 33,721 21,304 Restricted and performance 172,395 180,254 Ordinary shares (365,569 ) (218,232 ) 18 . Shareholders’ Equity (continued) On February 21, 2018, our Board of Directors approved a three-year stock repurchase program of up to $300 million of our ordinary shares. We have repurchased $28.8 million of ordinary shares, or 877,869 ordinary shares, under the aforementioned repurchase program and retired all the repurchased shares. As of June 28, 2019 , we have a maximum dollar value of $271.2 million that we can purchase under the approved stock repurchase program. Subsequent to the quarter ended June 28, 2019 , we repurchased 356,549 ordinary shares for $8.7 million with an average price per share of $24.35 . Dividend activity is summarized as follows: Six months ended June 29, 2018 Dividend Date Cash Dividend Declared, per Ordinary Share June 1, 2018 $ 0.150 March 30, 2018 $ 0.150 We paid no dividends in the six months ended June 28, 2019 and $14.6 million in dividends in the six months ended June 29, 2018

Recently Issued Accounting Pr_2

Recently Issued Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 28, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements New Accounting Pronouncements Adopted In October 2018, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU" ) 2018-16, Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes . This ASU expands the list of U.S. benchmark interest rates permitted in the application of hedge accounting. The provisions of ASU 2018-16 are effective for fiscal years beginning after December 15, 2018, with early adoption permitted. This ASU is effective for us beginning the first day of our 2019 fiscal year. We will not substitute the benchmark rates in use for the SOFR or OIS rates. Thus, the adoption of this ASU does not have an impact to our financial condition, results of operations and cash flows. In July 2018, the FASB issued ASU 2018-09, Codification Improvements . The FASB issued this ASU to facilitate amendments to a variety of topics to clarify, correct errors in, or make minor improvements to the accounting standards codification. The effective date of the standard is dependent on the facts and circumstances of each amendment. Some amendments do not require transition guidance and will be effective upon the issuance of this standard. A majority of the amendments in ASU 2018-09 will be effective in annual periods beginning after December 29, 2018. We adopted this standard the first day of our 2019 fiscal year. We evaluated the impact of the amendment to the advertising expense recognition for collaborative agreements and concluded the amendment follows our current accounting practice. Furthermore, we assessed the potential impact of the amendment to Subtopic 805-740 for tax allocations relating to the Mann Packing acquisition; given separate financial statements are not being issued for Mann Packing the amendment did not apply. The adoption of this ASU did not have an impact to our financial condition, results of operations and cash flows. In June 2018, the FASB issued ASU 2018-07, Improvements to Nonemployee Share-Based Payment Accounting . The FASB is issuing this update to simplify the accounting for share-based payments to nonemployees by aligning it with the accounting for share-based payments to employees, with certain exceptions. This ASU is effective for us beginning the first day of our 2019 fiscal year. The adoption of this ASU did not have a material impact on our financial condition, results of operations and cash flows. In February 2018, the FASB issued ASU 2018-02, Reclassification of Certain Tax Effects From Accumulated Other Comprehensive Income, which amends Accounting Standards Codification ("ASC") 220, Income Statement — Reporting Comprehensive Income , to allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act, (the "Act"). In addition, under the ASU, an entity is required to provide certain disclosures regarding stranded tax effects. This ASU is effective for us the first day of our 2019 fiscal year. We made the election not to reclassify stranded tax effects to retained earnings. The tax effects unrelated to the Act are released from accumulated other comprehensive income using either the specific identification approach or the portfolio approach based on the nature of the underlying item. In February 2016, the FASB issued ASU 2016-02, Leases , and has subsequently issued several supplemental and/or clarifying ASU's (collectively, "Topic 842"), which requires a dual approach for lease accounting under which a lessee would account for leases as finance leases or operating leases. Both finance leases and operating leases may result in the lessee recognizing a right of use asset and a corresponding lease liability. For finance leases, the lessee would recognize interest expense and amortization of the right-of-use asset, and for operating leases, the lessee would recognize lease expense on a straight-line basis. We adopted Topic 842 on the first day of our 2019 fiscal year, utilizing the modified retrospective adoption method with an effective date of December 29, 2018 (the first day of our 2019 fiscal year). Therefore, the Consolidated Financial Statements for 2019 are presented under the new standard, while the comparative periods presented are not adjusted and continue to be reported in accordance with the Company's historical accounting policy. Due to the adoption of Topic 842, we booked a retained earnings adjustment of $3.0 million due to deferred taxes. 2 . Recently Issued Accounting Pronouncements (continued) The standard provides a number of optional practical expedients and policy elections in transition. We have elected to apply the package of practical expedients under which we will not reassess under the standard our prior conclusions about lease classification and initial direct costs, and the expedient to not assess existing or expired land easements. We have elected the short-term lease recognition exemption for all leases that qualify, meaning we will recognize expense on a straight-line basis and will not include the recognition of a right-of-use asset or lease liability. We have elected the policy to combine lease and non-lease components for all asset classes. See Note 9 , "Leases " for more information. New Accounting Pronouncements Not Yet Adopted In April 2019, the FASB issued ASU 2019-04, Codification Improvements , Codification Improvements to Topic 326, Financial Instruments - Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. This ASU provides amendments which will affect the recognition and measurement of financial instruments, including derivatives and hedging.These amendments will be effective for us beginning the first day of our 2020 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. In November 2018, the FASB issued ASU 2018-18, Collaborative Arrangements (Topic 808): Clarifying the Interaction between Topic 808 and Topic 606 . This ASU resolves the diversity in practice concerning the manner in which entities account for transactions based on their assessment of the economics of a collaborative arrangement. This ASU clarifies that certain transactions between collaborative arrangement participants should be accounted for as revenue when the collaborative arrangement participant is a customer and precludes recognizing as revenue consideration received from a collaborative arrangement if the participant is not a customer. This ASU will be effective for us beginning the first day of our 2020 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. In October 2018, the FASB issued ASU 2018-17, Targeted Improvements to Related Party Guidance for Variable Interest Entities . This ASU provides that indirect interests held through related parties in common control arrangements should be considered on a proportional basis for determining whether fees paid to decision makers and service providers are variable interests. The new guidance is effective for fiscal years beginning after December 15, 2019. This ASU will be effective for us beginning the first day of our 2020 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. In September 2018, the FASB issued ASU 2018-15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40), Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract. This ASU requires implementation costs incurred by customers in cloud computing arrangements (i.e., hosting arrangements) to be capitalized under the same premises of authoritative guidance for internal-use software and deferred over the non-cancellable term of the cloud computing arrangements plus any option renewal periods that are reasonably certain to be exercised by the customer or for which the exercise is controlled by the service provider. This ASU will be effective for us beginning the first day of our 2020 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. In August 2018, the FASB issued ASU 2018-14 , Compensation-Retirement Benefits-Defined Benefit Plans-General (Subtopic 715-20) . This ASU amends Accounting Standards Codification (ASC) 715 to add additional disclosures, remove certain disclosures that are not considered cost beneficial and to clarify certain required disclosures. Early adoption is permitted. This ASU will be effective for us beginning the first day of our 2021 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. 2 . Recently Issued Accounting Pronouncements (continued) In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820), Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurements. This ASU includes additional disclosure requirements for recurring Level 3 fair value measurements, including disclosure of changes in unrealized gains and losses for the period included in other comprehensive income, disclosure of the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements and narrative description of measurement uncertainty related to Level 3 measurements. Early adoption is permitted. This ASU will be effective for us beginning the first day of our 2020 fiscal year. We are evaluating the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and, as such, we are not able to estimate the effect the adoption of the new standard will have on our financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Measurement of Credit Losses on Financial Instruments, and subsequent amendments to the guidance, ASU 2018-19 in November 2018 and ASU 2019-05 in May 2019 including codification improvements to Topic 326 in ASU 2019-04. The standard significantly changes how entities will measure credit losses for most financial assets and certain other instruments that aren’t measured at fair value through net income. The standard will replace today’s “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. For available-for-sale debt securities, entities will be required to record allowances rather than reduce the carrying amount, as they do today under the other-than-temporary impairment model. It also simplifies the accounting model for purchased credit-impaired debt securities and loans. The amendment will affect loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. ASU 2018-19 clarifies that receivables arising from operating leases are accounted for using lease guidance and not as financial instruments. ASU 2019-05 provides entities that have certain instruments with an option to irrevocably elect the fair value option. The amendments should be applied on either a prospective transition or modified-retrospective approach depending on the subtopic. This ASU will be effective for us beginning the first day of our 2020 fiscal year. Early adoption is permitted beginning the first day of our 2019 fiscal year. We have commenced an initial analysis, conducted internal learning initiatives and have a team in place to evaluate the disclosure requirements and analyze the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, and we are not able to estimate the effect the adoption of the new standard will have on our financial statements.

Asset Impairment and Other Ch_2

Asset Impairment and Other Charges, Net (Tables)	6 Months Ended
	Jun. 28, 2019
Asset Impairment and Other Charges, Net [Abstract]
Summary of asset impairment and exit activity and other charges (credits)	The following represents a summary of asset impairment and other charges, net recorded during the quarters and six months ended June 28, 2019 and June 29, 2018 (U.S. dollars in millions): Quarter ended Six months ended June 28, 2019 June 28, 2019 Long-lived Total Long-lived Total Banana segment: Philippine previously announced exit activities of certain low-yield areas $ — $ 0.3 $ 0.3 $ — $ 0.5 $ 0.5 Fresh and value-added products segment: Other fresh and value-added products segment charges 0.4 — 0.4 0.4 — 0.4 Impairment of equity investment (1) 0.1 — 0.1 2.9 — 2.9 Total asset impairment and other charges, net $ 0.5 $ 0.3 $ 0.8 $ 3.3 $ 0.5 $ 3.8 Quarter ended Six months ended June 29, 2018 June 29, 2018 Long-lived Total Long-lived Total Banana segment: Philippine exit activities of certain low-yield areas $ 18.3 $ — $ 18.3 $ 18.3 $ — $ 18.3 Fresh and value added products segment: Chile severance due to restructuring as a result of cost reduction initiatives — 1.6 1.6 — 1.6 1.6 Acquisition costs related to — 0.1 0.1 — 2.6 2.6 Sanger insurance recoveries due to inclement weather conditions — — — — (0.9 ) (0.9 ) Other fresh and value-added segment charges — 0.3 0.3 — 0.3 0.3 Total asset impairment and other charges (credits), net $ 18.3 $ 2.0 $ 20.3 $ 18.3 $ 3.6 $ 21.9 (1) Equity investment relates to our 10% equity ownership interest in Three Limes, Inc., d/b/a The Purple Carrot, which was sold at a loss during the quarter ended June 28, 2019 . Refer to Note 16 , "Fair Value Measurements." (2) Acquisition costs relate to the Mann Packing Co. Inc. and subsidiaries ("Mann Packing") Acquisition. Refer to Note 4 , "Acquisition."
Rollforward of exit activity and other reserves	The following is a rollforward of 2019 exit activity and other reserves (U.S. dollars in millions): Exit activity and Impact to Cash paid Foreign exchange impact Exit activity and Contract termination and other exit activity charges $ 0.5 0.5 (0.9 ) — $ 0.1 $ 0.5 $ 0.5 $ (0.9 ) $ — $ 0.1

Acquisition (Tables)

Acquisition (Tables)	6 Months Ended
	Jun. 28, 2019
Business Combinations [Abstract]
Schedule of pro forma information	Our consolidated results include the following financial information of Mann Packing for the partial period from February 27, 2018 to June 29, 2018 : Period from February 27, 2018 to June 29, 2018 Net sales $ 197.5 Net income attributable to $ 3.7 The following unaudited pro forma combined financial information presents our results including Mann Packing as if the business combination had occurred at the beginning of fiscal year 2018: Six months ended June 29, Net sales $ 2,457.7 Net income attributable to $ 37.6 (1) (1) Unaudited pro forma results for the six months ended June 29, 2018 were positively adjusted by $9.6 million , consisting of $11.5 million of nonrecurring transaction related compensation benefits, advisory, legal, accounting, valuation and other professional fees, partially offset by $1.9 million of interest expense as a result of increased borrowings under our Credit Facility.

Financing Receivables (Tables)

Financing Receivables (Tables)	6 Months Ended
	Jun. 28, 2019
Receivables [Abstract]
Financing receivables including the related allowance for doubtful accounts	The following table details the advances to growers and suppliers including the related allowance based on their credit risk profile (U.S. dollars in millions): June 28, 2019 December 28, 2018 Short-term Long-term Short-term Long-term Gross advances to growers and suppliers $ 37.9 $ 6.1 $ 51.9 $ 3.7 Allowance for advances to growers and suppliers (past due) (1.8 ) (1.0 ) (2.1 ) (0.7 ) Net advances to growers and suppliers $ 36.1 $ 5.1 $ 49.8 $ 3.0
Allowance for doubtful accounts and related financing receivables	The allowance for advances to growers and suppliers and the related financing receivables for the quarters and six months ended June 28, 2019 and June 29, 2018 were as follows (U.S. dollars in millions): Quarter ended Six months ended June 28, June 29, June 28, June 29, Allowance for advances to growers and suppliers: Balance, beginning of period $ 2.8 $ 2.3 $ 2.8 $ 2.9 Provision for uncollectible amounts — 0.5 — 0.8 Deductions to allowance related to write-offs — — — (0.9 ) Balance, end of period $ 2.8 $ 2.8 $ 2.8 $ 2.8

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 28, 2019
Share-based Payment Arrangement, Noncash Expense [Abstract]
Stock-based compensation expense included in selling, general and administrative expenses	Stock-based compensation expense related to stock options, restricted stock awards ("RSAs"), restricted stock units ("RSUs") and performance stock units ("PSUs") is included in selling, general and administrative expenses in the accompanying Consolidated Statements of Operations and is comprised as follows (U.S. dollars in millions): Quarter ended Six months ended June 28, June 29, June 28, June 29, Stock options $ — $ — $ — $ 0.1 RSUs/PSUs 1.8 2.3 5.1 5.9 RSAs 0.1 — 1.0 1.0 Total $ 1.9 $ 2.3 $ 6.1 $ 7.0
Restricted stock awards and related compensation expense	The following table lists RSAs awarded under the 2014 plan for the six months ended June 28, 2019 and June 29, 2018 : Date of award Shares of Price per share May 1, 2019 2,830 $ 29.44 January 2, 2019 30,891 28.32 January 2, 2018 21,304 46.93
RSU and PSUs awarded	The following table lists the various RSUs and PSUs awarded under the 2014 Plan for the six months ended June 28, 2019 and June 29, 2018 (U.S. dollars in millions, except share and per share data): Date of award Type of award Units awarded Price per share March 25, 2019 RSU 5,000 $ 26.55 February 20, 2019 PSU 85,000 27.71 February 20, 2019 RSU 133,750 27.71 February 21, 2018 (1) PSU 85,000 46.35 February 21, 2018 RSU 125,000 46.35 (1) The 2018 PSU's were forefeited as a result of not meeting the performance metric.

Inventories, net (Tables)

Inventories, net (Tables)	6 Months Ended
	Jun. 28, 2019
Inventory Disclosure [Abstract]
Schedule of inventory	Inventories consisted of the following (U.S. dollars in millions): June 28, December 28, 2018 Finished goods $ 204.3 $ 217.4 Raw materials and packaging supplies 171.7 167.0 Growing crops 154.7 180.9 Total inventories, net $ 530.7 $ 565.3

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 28, 2019
Leases [Abstract]
Lease Assets and Liabilities	The following table presents the lease-related assets and liabilities recorded on the balance sheet as of June 28, 2019 (U.S. dollars in millions): Classification on the Balance Sheet June 28, 2019 Assets Operating lease assets Operating lease right-of-use assets $ 182.1 Finance lease assets Property, plant and equipment, net 1.2 Total lease assets $ 183.3 Liabilities Current Operating Current maturities of operating leases $ 49.9 Finance Current maturities of debt and finance leases 0.4 Noncurrent Operating Operating leases, less current maturities 104.6 Finance Long-term debt and finance leases, less current maturities 0.4 Total lease liabilities $ 155.3 Weighted-average remaining lease term: Operating leases 7.4 years Finance leases 1.9 years Weighted-average discount rate: Operating leases (1) 8.92 % Finance leases 4.44 % (1) Upon adoption of the new lease standard, discount rates used for existing leases were established at December 29, 2018.
Lease Costs	The following table presents certain information related to the lease costs for finance and operating leases for the quarter and six months ended June 28, 2019 (U.S. dollars in millions): June 28, Quarter ended Six months ended Finance lease cost Amortization of lease assets $ — $ 0.1 Operating lease cost 23.4 $ 46.7 Short-term lease cost 1.9 $ 4.3 Variable lease cost 1.6 $ 2.9 Total lease cost $ 26.9 $ 54.0 9 . Leases (continued) Other Information The following table presents supplemental cash flow information related to the leases for the quarter and six months ended June 28, 2019 (U.S. dollars in millions): June 28, Quarter ended Six months ended Cash paid for amounts included in the measurement of lease liabilities Operating cash flows for operating leases $ 21.6 $ 42.1 Financing cash flows for finance leases 0.2 $ 0.3
Operating Lease Liability Maturity	The following table reconciles the undiscounted cash flows for each of the first five years and total remaining years to the finance lease liabilities and operating lease liabilities recorded on the balance sheet as of June 28, 2019 (U.S. dollars in millions): Operating Leases Finance Leases Remainder of 2019 $ 44.1 $ 0.2 2020 37.7 0.3 2021 25.3 0.3 2022 17.5 — 2023 15.3 — Thereafter 78.3 — Total lease payments 218.2 0.8 Less: imputed interest 63.7 — Total lease liabilities $ 154.5 $ 0.8
Finance Lease Liability Maturity	The following table reconciles the undiscounted cash flows for each of the first five years and total remaining years to the finance lease liabilities and operating lease liabilities recorded on the balance sheet as of June 28, 2019 (U.S. dollars in millions): Operating Leases Finance Leases Remainder of 2019 $ 44.1 $ 0.2 2020 37.7 0.3 2021 25.3 0.3 2022 17.5 — 2023 15.3 — Thereafter 78.3 — Total lease payments 218.2 0.8 Less: imputed interest 63.7 — Total lease liabilities $ 154.5 $ 0.8

Debt and Finance Lease Obliga_2

Debt and Finance Lease Obligations (Tables)	6 Months Ended
	Jun. 28, 2019
Long-term Debt and Lease Obligation [Abstract]
Schedule of long-term debt and finance lease obligation	The following is a summary of long-term debt and finance lease obligations (U.S. dollars in millions): June 28, December 28, Senior unsecured revolving credit facility (1) (see Credit Facility below) $ 639.6 $ 661.3 Finance lease obligations 0.8 1.1 Total debt and finance lease obligations 640.4 662.4 Less: Current maturities (1) (640.0 ) (0.5 ) Long-term debt and finance lease obligations $ 0.4 $ 661.9 (1) The Senior unsecured revolving credit facility matures April 15, 2020 and is classified as current.
Material terms of the credit facility and other working capital facilities	The following is a summary of the material terms of the Credit Facility and other working capital facilities at June 28, 2019 (U.S. dollars in millions): Term Maturity Interest rate Borrowing Available Bank of America credit facility 5 years April 15, 2020 3.95% $ 1,100.0 $ 460.4 Rabobank letter of credit facility 364 days June 18, 2019 Varies 25.0 16.6 Other working capital facilities Varies Varies Varies 23.3 13.9 $ 1,148.3 $ 490.9

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 28, 2019
Earnings Per Share [Abstract]
Schedule of earnings per share	Basic and diluted net income per ordinary share is calculated as follows (U.S. dollars in millions, except share and per share data): Quarter ended Six months ended June 28, June 29, June 28, June 29, Numerator: Net income (loss) attributable to Fresh Del Monte Produce Inc. $ 38.1 $ (7.9 ) $ 74.2 $ 33.6 Denominator: Weighted average number of ordinary shares - Basic 48,533,444 48,753,227 48,540,571 48,767,411 Effect of dilutive securities - share-based employee options and awards 48,691 — 84,385 244,986 Weighted average number of ordinary shares - Diluted 48,582,135 48,753,227 48,624,956 49,012,397 Antidilutive awards (1) 162,922 739,106 162,922 30,562 Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc.: Basic $ 0.79 $ (0.16 ) $ 1.53 $ 0.69 Diluted $ 0.78 $ (0.16 ) $ 1.53 $ 0.69 (1) Certain unvested RSUs and PSUs are not included in the calculation of net income per ordinary share because the effect would have been antidilutive.

Retirement and Other Employee_2

Retirement and Other Employee Benefits (Tables)	6 Months Ended
	Jun. 28, 2019
Retirement Benefits [Abstract]
Net periodic benefit costs of pension plans and post-retirement plans	The following table sets forth the net periodic benefit costs of our defined benefit pension plans and post-retirement benefit plans (U.S. dollars in millions): Quarter ended Six months ended June 28, June 29, June 28, June 29, Service cost $ 1.4 $ 1.5 $ 2.8 $ 3.0 Interest cost 1.7 1.6 3.4 3.2 Expected return on assets (0.8 ) (0.9 ) (1.6 ) (1.8 ) Amortization of net actuarial loss 0.1 0.2 0.2 0.4 Net periodic benefit costs $ 2.4 $ 2.4 $ 4.8 $ 4.8

Business Segment Data (Tables)

Business Segment Data (Tables)	6 Months Ended
	Jun. 28, 2019
Segment Reporting [Abstract]
Net sales and gross profit by geographic region	We evaluate performance based on several factors, of which net sales and gross profit by product are the primary financial measures (U.S. dollars in millions): Quarter ended June 28, 2019 June 29, 2018 Segments: Net Sales Gross Profit Net Sales Gross Profit Fresh and value-added products $ 764.3 $ 58.1 $ 780.7 $ 51.3 Banana 440.0 35.0 457.8 23.8 Other products and services 35.1 3.2 33.9 3.2 Totals $ 1,239.4 $ 96.3 $ 1,272.4 $ 78.3 Six months ended June 28, 2019 June 29, 2018 Segments: Net Sales Gross Profit Net Sales Gross Profit Fresh and value-added products $ 1,454.3 $ 119.5 $ 1,397.3 (1 ) $ 102.6 (1 ) Banana 871.5 68.0 910.9 75.9 Other products and services 67.8 2.1 70.3 6.3 Totals $ 2,393.6 $ 189.6 $ 2,378.5 $ 184.8
Net sales by geographic region	Quarter ended Six months ended Net Sales by geographic region: June 28, June 29, June 28, June 29, North America $ 816.8 $ 814.8 $ 1,565.6 $ 1,478.3 (1) Europe 171.2 175.8 342.5 369.9 Asia 131.1 135.8 251.8 248.4 Middle East 109.3 126.0 207.1 241.9 Other 11.0 20.0 26.6 40.0 Totals $ 1,239.4 $ 1,272.4 $ 2,393.6 $ 2,378.5 (1) Includes Net Sales of $197.5 million and Gross Profit of $17.9 million for the period from February 27, 2018 to June 29, 2018 related to Mann Packing. Refer to Note 4 , “ Acquisition ”, for further discussion on the Mann Packing acquisition.
Net sales by product	The following table indicates our net sales by product: Quarter ended Six months ended June 28, June 29, June 28, June 29, Fresh and value-added products: Fresh-cut fruit 147.0 12 % 146.9 12 % 265.6 11 % 264.7 11 % Fresh-cut vegetables 121.4 10 % 125.2 10 % 243.9 10 % 187.8 8 % Gold pineapples 126.1 10 % 139.4 11 % 237.4 10 % 259.5 11 % Avocados 124.9 10 % 95.1 7 % 213.5 9 % 179.2 8 % Non-tropical fruit 69.5 6 % 86.5 7 % 130.9 6 % 152.6 6 % Prepared foods 66.8 5 % 68.2 5 % 132.5 6 % 123.2 5 % Melons 25.0 2 % 34.3 3 % 69.7 3 % 85.5 4 % Tomatoes 15.4 1 % 19.0 1 % 28.9 1 % 35.1 2 % Vegetables 40.6 3 % 38.7 3 % 79.3 3 % 57.6 2 % Other fruit and vegetables 27.6 2 % 27.4 2 % 52.6 2 % 52.1 2 % Total fresh and value-added products $ 764.3 61 % $ 780.7 61 % $ 1,454.3 61 % $ 1,397.3 59 % Banana 440.0 36 % 457.8 36 % $ 871.5 36 % $ 910.9 38 % Other products and services 35.1 3 % 33.9 3 % $ 67.8 3 % $ 70.3 3 % Totals $ 1,239.4 100 % $ 1,272.4 100 % $ 2,393.6 100 % $ 2,378.5 100 %

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Outstanding foreign currency forward contracts	We had the following outstanding foreign currency forward contracts as of June 28, 2019 (in millions): Foreign currency contracts qualifying as cash flow hedges: Notional amount Euro EUR 81.7 British pound GBP 3.7 Japanese yen JPY 5,024.6 Korean won KRW 14,985.6
Fair values of derivative instruments	The following table reflects the fair values of derivative instruments, which are designated as level 2 in the fair value hierarchy, as of June 28, 2019 and December 28, 2018 (U.S. dollars in millions): Derivatives designated as hedging instruments (1) Foreign exchange contracts Interest rate swaps Total Balance Sheet location: June 28, 2019 (2) December 28, June 28, December 28, June 28, December 28, Asset derivatives: Prepaid expenses and other current assets $ 3.0 $ 1.6 $ — $ — $ 3.0 $ 1.6 Total asset derivatives $ 3.0 $ 1.6 $ — $ — $ 3.0 $ 1.6 Liability derivatives: Accounts payable and accrued expenses $ 0.4 $ 0.8 $ — $ — $ 0.4 $ 0.8 Other long-term liabilities — — 28.9 7.6 28.9 7.6 Total liability derivatives $ 0.4 $ 0.8 $ 28.9 $ 7.6 $ 29.3 $ 8.4 (1) See Note 16 , " Fair Value Measurements ", for fair value disclosures. (2) We expect that $2.6 million of the net fair value of hedges recognized as a net gain in accumulated other comprehensive income ("AOCI") will be transferred to earnings during the next 12 months and the remaining net loss of $28.9 million over a period of 10
Effect of derivative instruments on Consolidated Statements of Income	The following table reflects the effect of derivative instruments on the Consolidated Statements of Operations for the quarters and six months ended June 28, 2019 and June 29, 2018 (U.S. dollars in millions): Derivatives in effective cash flow hedging relationships Amount of gain (loss) recognized in other Location of (loss) income Amount of (loss) income reclassified from Quarter ended Quarter ended June 28, June 29, June 28, June 29, Foreign exchange $ (2.2 ) $ 6.0 Net sales $ 1.7 $ 0.9 Foreign exchange 0.1 0.7 Cost of products sold 0.5 0.1 Interest rate swaps (12.1 ) (2.0 ) Interest expense (0.4 ) (0.1 ) Total $ (14.2 ) $ 4.7 $ 1.8 $ 0.9 Six months ended Six months ended June 28, June 29, June 28, June 29, Foreign exchange $ 1.0 $ 4.2 Net sales $ 2.4 $ 0.2 Foreign exchange 0.8 0.7 Cost of products sold 0.6 0.3 Interest rate swaps (21.3 ) (2.0 ) Interest expense (0.7 ) (0.1 ) Total $ (19.5 ) $ 2.9 $ 2.3 $ 0.4

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 28, 2019
Fair Value Disclosures [Abstract]
Summary of fair values of assets and liabilities measured on a recurring basis	The following table provides a summary of the fair values of assets and liabilities measured on a recurring basis under the ASC on “ Fair Value Measurements and Disclosures ” (U.S. dollars in millions): Fair value measurements Foreign currency forward contracts, net asset (liability) Interest rate contracts, net (liability) asset June 28, December 28, June 28, December 28, Quoted prices in active markets for identical assets (Level 1) $ — $ — $ — $ — Significant observable inputs (Level 2) 2.6 0.8 (28.9 ) (7.6 ) Significant unobservable inputs (Level 3) — — — —
Schedule of non-recurring fair value measurements	The following is a tabular presentation of the non-recurring fair value measurements recorded during the first six months of 2019, along with the level within the fair value hierarchy in which the fair value measurement in their entirety fall (U.S. dollars in millions): Fair value measurements for the six months ended June 28, 2019 Total Quoted Prices in Significant Other Significant Equity Investment $ 1.4 $ — $ — $ 1.4 $ 1.4 $ — $ — $ 1.4

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 28, 2019
Equity [Abstract]
Schedule of accumulated other comprehensive income (loss)	The following table includes the changes in accumulated other comprehensive (loss) income attributable to U.S. by component under the ASC on “ Comprehensive Income ” (U.S. dollars in millions): Changes in accumulated other comprehensive income (loss) by component (1) Six months ended June 28, 2019 Changes in fair Value of Effective cash Flow hedges Foreign Currency Translation Adjustment Retirement Benefit Adjustment Total Balance at December 28, 2018 $ (5.8 ) $ (14.9 ) $ (20.9 ) $ (41.6 ) Other comprehensive (loss) before reclassifications (14.5 ) (3) (0.3 ) (2) (0.2 ) (15.0 ) Amounts reclassified from accumulated other comprehensive (loss) income (2.3 ) — 0.3 (2.0 ) Net current period other comprehensive (loss) (16.8 ) (0.3 ) 0.1 (17.0 ) Balance at June 28, 2019 $ (22.6 ) $ (15.2 ) $ (20.8 ) $ (58.6 ) Six months ended June 29, 2018 Balance at December 29, 2017 $ (1.4 ) $ (6.7 ) $ (22.5 ) $ (30.6 ) Other comprehensive income (loss) before reclassifications 3.3 (4.8 ) (2) 0.1 (1.4 ) Amounts reclassified from accumulated other comprehensive (loss) income (0.4 ) — 0.4 — Net current period other comprehensive income (loss) 2.9 (4.8 ) 0.5 (1.4 ) Balance at June 29, 2018 $ 1.5 $ (11.5 ) $ (22.0 ) $ (32.0 ) (1) All amounts are net of tax and noncontrolling interest. (2) Includes a gain of $2.2 million and a loss of $1.0 million for the six months ended June 28, 2019 and six months ended June 29, 2018 , on intra-entity foreign currency transactions that are of a long-term-investment nature. (3) Includes a tax effect of $2.8 million for the six months ended June 28, 2019 .
Amounts reclassified from accumulated other comprehensive (loss) income	The following table includes details about amounts reclassified from accumulated other comprehensive (loss) income by component (U.S. dollars in millions): Amount reclassified from accumulated other comprehensive income (loss) June 28, 2019 June 29, 2018 Details about accumulated other comprehensive income (loss) components Quarter ended Six months ended Quarter ended Six months ended Affected line item in the statement where net income is present Changes in fair value of effective cash flow hedges: Foreign currency cash flow hedges $ (1.7 ) $ (2.4 ) $ (0.9 ) $ (0.2 ) Net sales Foreign currency cash flow hedges (0.5 ) (0.6 ) (0.1 ) (0.3 ) Cost of products sold Interest rate swaps 0.4 0.7 0.1 0.1 Interest expense Total $ (1.8 ) $ (2.3 ) $ (0.9 ) $ (0.4 ) Amortization of retirement benefits: Actuarial losses (1) 0.1 0.3 0.2 0.4 Other expense, net Total $ 0.1 $ 0.3 $ 0.2 $ 0.4 (1) Refer to Note 13 , " Retirement and Other Employee Benefits " for additional information on reclassification of certain net periodic pension costs due to adoption of ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost regarding the presentation of components of net periodic pension costs.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jun. 28, 2019
Stockholders' Equity Note [Abstract]
Schedule of ordinary share activity	Ordinary share activity is summarized as follows: Six months ended June 28, June 29, Ordinary shares issued (retired) as a result of: Stock option exercises 18,250 36,500 Restricted stock grants 33,721 21,304 Restricted and performance 172,395 180,254 Ordinary shares (365,569 ) (218,232 )
Schedule of dividend activity	Dividend activity is summarized as follows: Six months ended June 29, 2018 Dividend Date Cash Dividend Declared, per Ordinary Share June 1, 2018 $ 0.150 March 30, 2018 $ 0.150

Recently Issued Accounting Pr_3

Recently Issued Accounting Pronouncements (Details) $ in Millions	3 Months Ended
	Mar. 29, 2019USD ($)
Adjustment of ASC 842 related to leases | Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect adjustment	$ (3)

Asset Impairment and Other Ch_3

Asset Impairment and Other Charges, Net - Asset Impairment and Exit Activity Charges (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	$ 0.5	$ 18.3	$ 3.3	$ 18.3
Exit activity and other charges	0.3	2	0.5	3.6
Total	$ 0.8	20.3	$ 3.8	21.9
The Purple Carrot
Schedule of Asset Impairment and Other Charges [Line Items]
Percentage of voting interests acquired	10.00%		10.00%
Banana | Exit activities of certain low-yield areas | Philippines
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	$ 0	18.3	$ 0	18.3
Exit activity and other charges	0.3	0	0.5	0
Total	0.3	18.3	0.5	18.3
Fresh and value-added products
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	0.4	0	0.4	0
Exit activity and other charges	0	0.3	0	0.3
Total	0.4	0.3	0.4	0.3
Fresh and value-added products | Chile severance due to restructuring as a result of cost reduction initiatives | Chile
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment		0		0
Exit activity and other charges		1.6		1.6
Total		1.6		1.6
Fresh and value-added products | Acquisition costs related to Mann Packing
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment		0		0
Exit activity and other charges		0.1		2.6
Total		0.1		2.6
Fresh and value-added products | Insurance recoveries
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment		0		0
Exit activity and other charges		0		(0.9)
Total		$ 0		$ (0.9)
Fresh and value-added products | Impairment of equity investment
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	0.1		2.9
Exit activity and other charges	0		0
Total	$ 0.1		$ 2.9

Asset Impairment and Other Ch_4

Asset Impairment and Other Charges, Net - Exit Activity and Other Reserves (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Restructuring Reserve [Roll Forward]
Exit activity and other reserve balance at December 28, 2018			$ 0.5
Impact to earnings	$ 0.3	$ 2	0.5	$ 3.6
Cash paid			(0.9)
Foreign exchange impact			0
Exit activity and other reserve balance at June 28, 2019	0.1		0.1
Contract termination and other exit activity charges
Restructuring Reserve [Roll Forward]
Exit activity and other reserve balance at December 28, 2018			0.5
Impact to earnings			0.5
Cash paid			(0.9)
Foreign exchange impact			0
Exit activity and other reserve balance at June 28, 2019	0.1		0.1
Contract termination and other exit activity charges | Philippines
Restructuring Reserve [Roll Forward]
Expected remaining payment	$ 0.1		$ 0.1

Acquisition (Details)

Acquisition (Details) - USD ($) $ in Millions	Feb. 26, 2018	Jun. 28, 2019	Jun. 29, 2018	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018	Dec. 28, 2018
Business Acquisition [Line Items]
Goodwill		$ 423.7			$ 423.7		$ 423.4
Business Combination, Additional Disclosures [Abstract]
Interest expense		6.9	$ 6.1		13.8	$ 9.8
Mann Packing
Business Acquisition [Line Items]
Consideration transferred	$ 357.2
Cash purchase price	127.5
Net assets acquired	357.2
Redeemable noncontrolling interest at acquisition date	47.4
Definite-lived intangible assets, net	139.8
Goodwill	162	$ 162			$ 162
Results From Acquiree Since Acquisition Date, Actual [Abstract]
Net sales				$ 197.5
Net income attributable to Fresh Del Monte Produce, Inc.				$ 3.7
Pro Forma Information [Abstract]
Net sales						2,457.7
Net income attributable to Fresh Del Monte Produce, Inc.						37.6
Mann Packing | Promissory Note
Business Acquisition [Line Items]
Liabilities incurred for business acquisition	$ 229.7
Term	3 days
Mann Packing | Adjustments
Pro Forma Information [Abstract]
Net income attributable to Fresh Del Monte Produce, Inc.						9.6
Business Combination, Additional Disclosures [Abstract]
Non-recurring acquisition transactions						11.5
Interest expense						$ 1.9
Subsidiary | Mann Packing
Business Acquisition [Line Items]
Percentage of voting interests acquired	25.00%

Income Taxes (Details)

Income Taxes (Details) - Foreign tax authority $ in Millions	6 Months Ended
	Jun. 28, 2019USD ($)jurisdiction
Income Taxes [Line Items]
Number of jurisdictions under examination | jurisdiction	2
Income tax examination, estimate of tax deficiencies | $	$ 148.9

Financing Receivables - Narrati

Financing Receivables - Narrative (Details) - Maximum	6 Months Ended
	Jun. 28, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Advances to growers, maximum term	1 year
Longer Term Advances to Growers
Accounts, Notes, Loans and Financing Receivable [Line Items]
Advances to growers, maximum term	4 years

Financing Receivables - Advance

Financing Receivables - Advances to Growers Along with the Related Allowance for Doubtful Accounts (Details) - Advances to Growers - USD ($) $ in Millions	Jun. 28, 2019	Dec. 28, 2018
Short-term
Gross advances to growers and suppliers	$ 37.9	$ 51.9
Allowance for advances to growers and suppliers (past due)	(1.8)	(2.1)
Net advances to growers and suppliers	36.1	49.8
Long-term
Gross advances to growers and suppliers	6.1	3.7
Allowance for advances to growers and suppliers (past due)	(1)	(0.7)
Net advances to growers and suppliers	$ 5.1	$ 3

Financing Receivables - Allowan

Financing Receivables - Allowance for Doubtful Accounts and Related Financing Receivables (Details) - Advances to Growers - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance, beginning of period	$ 2.8	$ 2.3	$ 2.8	$ 2.9
Provision for uncollectible amounts	0	0.5	0	0.8
Deductions to allowance related to write-offs	0	0	0	(0.9)
Balance, end of period	$ 2.8	$ 2.8	$ 2.8	$ 2.8

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from stock options exercised	$ 0.3	$ 0.8
2014 Omnibus Share Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares issued on contingent right to receive, per RSU or PSU	1
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, vest in equal installments	4 years
Restricted Stock Units (RSUs) | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of units granted	100.00%
Restricted Stock Units (RSUs) | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of units granted	0.00%
Restricted Stock Units (RSUs) | 2014 Omnibus Share Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage at each anniversaries	20.00%
Options, percent that vest immediately	20.00%
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, vest in equal installments	3 years
Immediate Vesting [Member] | RSAs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage at each anniversaries	50.00%
Six-month Anniversary Upon Ceasing to be Member of Board of Directors [Member] | RSAs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting rights percentage at each anniversaries	50.00%
Award vesting period	6 months

Share-Based Compensation - Expe

Share-Based Compensation - Expenses (Details) - Selling, General and Administrative Expenses - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 1.9	$ 2.3	$ 6.1	$ 7
Stock Options
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	0	0	0	0.1
RSUs/PSUs
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	1.8	2.3	5.1	5.9
RSAs
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 0.1	$ 0	$ 1	$ 1

Share-Based Compensation - Awar

Share-Based Compensation - Awards Granted (Details) - 2014 Plan - $ / shares	May 01, 2019	Mar. 25, 2019	Feb. 20, 2019	Jan. 02, 2019	Feb. 21, 2018	Jan. 02, 2018
RSAs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of restricted stock awarded (shares)	2,830			30,891		21,304
Price per share (usd per share)	$ 29.44			$ 28.32		$ 46.93
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of restricted stock awarded (shares)		5,000	133,750		125,000
Price per share (usd per share)		$ 26.55	$ 27.71		$ 46.35
Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of restricted stock awarded (shares)			85,000		85,000
Price per share (usd per share)			$ 27.71		$ 46.35

Inventories, net (Details)

Inventories, net (Details) - USD ($) $ in Millions	Jun. 28, 2019	Dec. 28, 2018
Inventory Disclosure [Abstract]
Finished goods	$ 204.3	$ 217.4
Raw materials and packaging supplies	171.7	167
Growing crops	154.7	180.9
Total inventories, net	$ 530.7	$ 565.3

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 28, 2019USD ($)
Lessee, Lease, Description [Line Items]
Increase in operating lease, right-of-use assets	$ 26.1
Increase in operating lease liabilities	21.5
Panama
Lessee, Lease, Description [Line Items]
Annual payments	$ 0.5
Operating lease term of contract	40 years

Leases - Lease Assets and Liabi

Leases - Lease Assets and Liabilities (Details) - USD ($) $ in Millions	Jun. 28, 2019	Dec. 28, 2018
Leases [Abstract]
Operating lease right-of-use assets	$ 182.1	$ 0
Finance lease assets	1.2
Total lease assets	183.3
Current maturities of operating leases	49.9	0
Finance lease liabilities	0.4
Operating leases, less current maturities	104.6	$ 0
Finance lease liabilities, less current maturities	0.4
Lease Liabilities	$ 155.3
Operating leases, Weighted-average remaining lease term	7 years 4 months 24 days
Finance leases, Weighted-average remaining lease term	1 year 10 months 24 days
Operating leases, Weighted-average discount rate	8.92%
Finance leases, Weighted-average discount rate	4.44%

Leases - Lease Costs (Details)

Leases - Lease Costs (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 28, 2019	Jun. 28, 2019
Leases [Abstract]
Amortization of lease assets	$ 0	$ 0.1
Operating lease cost	23.4	46.7
Short-term lease cost	1.9	4.3
Variable lease cost	1.6	2.9
Total lease cost	26.9	54
Operating cash flows for operating leases	21.6	42.1
Financing cash flows for finance leases	$ 0.2	$ 0.3

Leases - Operating and Finance

Leases - Operating and Finance Lease Maturities (Details) - USD ($) $ in Millions	Jun. 28, 2019	Dec. 28, 2018
Operating Leases
Remainder of 2019	$ 44.1
2020	37.7
2021	25.3
2022	17.5
2023	15.3
Thereafter	78.3
Total lease payments	218.2
Less: imputed interest	63.7
Total lease liabilities	154.5
Finance Leases
Remainder of 2019	0.2
2020	0.3
2021	0.3
2022	0
2023	0
Thereafter	0
Total lease payments	0.8
Less: imputed interest	0
Total lease liabilities	$ 0.8	$ 1.1

Debt and Finance Lease Obliga_3

Debt and Finance Lease Obligations - Schedule of Debt and Finance Lease Obligations (Details) - USD ($) $ in Millions	Jun. 28, 2019	Dec. 28, 2018
Long-term Debt and Lease Obligation [Abstract]
Senior unsecured revolving credit facility	$ 639.6	$ 661.3
Finance lease obligations	0.8	1.1
Total debt and finance lease obligations	640.4	662.4
Less: Current maturities	(640)	(0.5)
Long-term debt and finance lease obligations	$ 0.4	$ 661.9

Debt and Finance Lease Obliga_4

Debt and Finance Lease Obligations - Schedule of Line of Credit Facilities (Details) - USD ($)	Apr. 16, 2015	Jun. 28, 2019	Feb. 27, 2018
Line of Credit Facility [Line Items]
Borrowing limit		$ 1,148,300,000
Available borrowings		490,900,000
Other Working Capital Facilities
Line of Credit Facility [Line Items]
Borrowing limit		23,300,000
Available borrowings		13,900,000
Letters of credit and bank guarantees outstanding		$ 17,500,000
Revolving Credit Facility | Unsecured Debt
Line of Credit Facility [Line Items]
Term	5 years	5 years
Borrowing limit	$ 800,000,000	$ 1,100,000,000	$ 1,100,000,000
Interest rate		3.95%
Available borrowings		$ 460,400,000
Rabobank Nederland
Line of Credit Facility [Line Items]
Term		364 years
Borrowing limit		$ 25,000,000
Expiration period	364 days
Amount outstanding	$ 25,000,000	8,400,000
Available borrowings		$ 16,600,000
London Interbank Offered Rate (LIBOR) | Revolving Credit Facility | Unsecured Debt
Line of Credit Facility [Line Items]
Basis spread on variable rate		1.50%
Other long-term receivables | Revolving Credit Facility | Unsecured Debt
Line of Credit Facility [Line Items]
Capitalized debt issuance costs		$ 300,000

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	Mar. 14, 2019USD ($)	Sep. 25, 2003USD ($)	Sep. 27, 2002USD ($)	Sep. 28, 2001USD ($)	Dec. 30, 2016USD ($)	Dec. 31, 1980subsidiary	Jun. 28, 2019USD ($)
Commitments and Contingencies Disclosure [Line Items]
Award from litigation settlement	$ 17
Gain on litigation settlement	16.7
Litigation expense	$ 0.3
Kunia Well Site
Commitments and Contingencies Disclosure [Line Items]
Number of plaintiffs | subsidiary						1
Accrual for environmental loss contingencies, period increase (decrease)			$ 7	$ 15	$ 0.4
Kunia Well Site cleanup operation, accrual for the expected future clean-up costs			$ 26.1	$ 19.1
Accrual for environmental loss contingencies, term		10 years
Kunia Well Site cleanup operation, undiscounted estimated remediation costs associated with the cleanup							$ 13.4
Accrual for environmental loss contingencies, undiscounted, due within one year							0.3
Accrual for environmental loss contingencies, undiscounted, due in second year							1.1
Accrual for environmental loss contingencies, undiscounted, due in third year							1
Accrual for environmental loss contingencies, undiscounted, due in fourth year							0.9
Accrual for environmental loss contingencies, undiscounted, due in fifth year							0.9
Kunia Well Site | Other long-term liabilities
Commitments and Contingencies Disclosure [Line Items]
Kunia Well Site cleanup operation, accrual for the expected future clean-up costs							13.1
Kunia Well Site | Accounts payable and accrued expenses
Commitments and Contingencies Disclosure [Line Items]
Kunia Well Site cleanup operation, accrual for the expected future clean-up costs							0.3
Kunia Well Site | Minimum
Commitments and Contingencies Disclosure [Line Items]
Kunia Well Site cleanup operation, accrual for the expected future clean-up costs		$ 12.9
Kunia Well Site cleanup operation, undiscounted estimated remediation costs associated with the cleanup							13.4
Kunia Well Site | Maximum
Commitments and Contingencies Disclosure [Line Items]
Kunia Well Site cleanup operation, accrual for the expected future clean-up costs		$ 25.4
Kunia Well Site cleanup operation, undiscounted estimated remediation costs associated with the cleanup							$ 28.7

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Numerator:
Net income attributable to Fresh Del Monte Produce Inc.	$ 38.1	$ (7.9)	$ 74.2	$ 33.6
Denominator:
Weighted average number of ordinary shares - Basic (shares)	48,533,444	48,753,227	48,540,571	48,767,411
Effect of dilutive securities - share-based employee options and awards (shares)	48,691	0	84,385	244,986
Weighted average number of ordinary shares - Diluted (shares)	48,582,135	48,753,227	48,624,956	49,012,397
Antidilutive awards (shares)	162,922	739,106	162,922	30,562
Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc.:
Basic (usd per share)	$ 0.79	$ (0.16)	$ 1.53	$ 0.69
Diluted (usd per share)	$ 0.78	$ (0.16)	$ 1.53	$ 0.69

Retirement and Other Employee_3

Retirement and Other Employee Benefits (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Domestic Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 1.4	$ 1.5	$ 2.8	$ 3
Interest cost	1.7	1.6	3.4	3.2
Expected return on assets	(0.8)	(0.9)	(1.6)	(1.8)
Amortization of net actuarial loss	0.1	0.2	0.2	0.4
Net periodic benefit costs	2.4	2.4	4.8	4.8
Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit costs	$ 0.8	$ 0.7	$ 1.6	$ 1.4

Business Segment Data - Segment

Business Segment Data - Segment Reconciliations (Details) $ in Millions	3 Months Ended		4 Months Ended	6 Months Ended
	Jun. 28, 2019USD ($)	Jun. 29, 2018USD ($)	Jun. 29, 2018USD ($)	Jun. 28, 2019USD ($)major_business_linesegment	Jun. 29, 2018USD ($)
Segment Reporting Information [Line Items]
Number of major business lines | major_business_line				1
Number of business segments | segment				2
Net sales	$ 1,239.4	$ 1,272.4		$ 2,393.6	$ 2,378.5
Gross profit	96.3	78.3		189.6	184.8
Fresh and value-added products
Segment Reporting Information [Line Items]
Net sales	764.3	780.7		1,454.3	1,397.3
Gross profit	58.1	51.3		119.5	102.6
Banana
Segment Reporting Information [Line Items]
Net sales	440	457.8		871.5	910.9
Gross profit	35	23.8		68	75.9
Other products and services
Segment Reporting Information [Line Items]
Net sales	35.1	33.9		67.8	70.3
Gross profit	3.2	3.2		2.1	6.3
North America
Segment Reporting Information [Line Items]
Net sales	816.8	814.8		1,565.6	1,478.3
Europe
Segment Reporting Information [Line Items]
Net sales	171.2	175.8		342.5	369.9
Asia
Segment Reporting Information [Line Items]
Net sales	131.1	135.8		251.8	248.4
Middle East
Segment Reporting Information [Line Items]
Net sales	109.3	126		207.1	241.9
Other
Segment Reporting Information [Line Items]
Net sales	$ 11	$ 20		$ 26.6	$ 40
Mann Packing
Segment Reporting Information [Line Items]
Net sales			$ 197.5
Gross profit			$ 17.9

Business Segment Data - Net Sal

Business Segment Data - Net Sales By Product (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Segment Reporting Information [Line Items]
Net sales	$ 1,239.4	$ 1,272.4	$ 2,393.6	$ 2,378.5
Fresh and value-added products
Segment Reporting Information [Line Items]
Net sales	764.3	780.7	1,454.3	1,397.3
Fresh and value-added products | Fresh-cut fruit
Segment Reporting Information [Line Items]
Net sales	147	146.9	265.6	264.7
Fresh and value-added products | Fresh-cut vegetables
Segment Reporting Information [Line Items]
Net sales	121.4	125.2	243.9	187.8
Fresh and value-added products | Gold pineapples
Segment Reporting Information [Line Items]
Net sales	126.1	139.4	237.4	259.5
Fresh and value-added products | Avocados
Segment Reporting Information [Line Items]
Net sales	124.9	95.1	213.5	179.2
Fresh and value-added products | Non-tropical fruit
Segment Reporting Information [Line Items]
Net sales	69.5	86.5	130.9	152.6
Fresh and value-added products | Prepared foods
Segment Reporting Information [Line Items]
Net sales	66.8	68.2	132.5	123.2
Fresh and value-added products | Melons
Segment Reporting Information [Line Items]
Net sales	25	34.3	69.7	85.5
Fresh and value-added products | Tomatoes
Segment Reporting Information [Line Items]
Net sales	15.4	19	28.9	35.1
Fresh and value-added products | Vegetables
Segment Reporting Information [Line Items]
Net sales	40.6	38.7	79.3	57.6
Fresh and value-added products | Other fruit and vegetables
Segment Reporting Information [Line Items]
Net sales	27.6	27.4	52.6	52.1
Banana
Segment Reporting Information [Line Items]
Net sales	440	457.8	871.5	910.9
Other products and services
Segment Reporting Information [Line Items]
Net sales	$ 35.1	$ 33.9	$ 67.8	$ 70.3
Sales | Product Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk	100.00%	100.00%	100.00%	100.00%
Sales | Product Concentration Risk | Fresh and value-added products
Segment Reporting Information [Line Items]
Concentration risk	61.00%	61.00%	61.00%	59.00%
Sales | Product Concentration Risk | Fresh and value-added products | Fresh-cut fruit
Segment Reporting Information [Line Items]
Concentration risk	12.00%	12.00%	11.00%	11.00%
Sales | Product Concentration Risk | Fresh and value-added products | Fresh-cut vegetables
Segment Reporting Information [Line Items]
Concentration risk	10.00%	10.00%	10.00%	8.00%
Sales | Product Concentration Risk | Fresh and value-added products | Gold pineapples
Segment Reporting Information [Line Items]
Concentration risk	10.00%	11.00%	10.00%	11.00%
Sales | Product Concentration Risk | Fresh and value-added products | Avocados
Segment Reporting Information [Line Items]
Concentration risk	10.00%	7.00%	9.00%	8.00%
Sales | Product Concentration Risk | Fresh and value-added products | Non-tropical fruit
Segment Reporting Information [Line Items]
Concentration risk	6.00%	7.00%	6.00%	6.00%
Sales | Product Concentration Risk | Fresh and value-added products | Prepared foods
Segment Reporting Information [Line Items]
Concentration risk	5.00%	5.00%	6.00%	5.00%
Sales | Product Concentration Risk | Fresh and value-added products | Melons
Segment Reporting Information [Line Items]
Concentration risk	2.00%	3.00%	3.00%	4.00%
Sales | Product Concentration Risk | Fresh and value-added products | Tomatoes
Segment Reporting Information [Line Items]
Concentration risk	1.00%	1.00%	1.00%	2.00%
Sales | Product Concentration Risk | Fresh and value-added products | Vegetables
Segment Reporting Information [Line Items]
Concentration risk	3.00%	3.00%	3.00%	2.00%
Sales | Product Concentration Risk | Fresh and value-added products | Other fruit and vegetables
Segment Reporting Information [Line Items]
Concentration risk	2.00%	2.00%	2.00%	2.00%
Sales | Product Concentration Risk | Banana
Segment Reporting Information [Line Items]
Concentration risk	36.00%	36.00%	36.00%	38.00%
Sales | Product Concentration Risk | Other products and services
Segment Reporting Information [Line Items]
Concentration risk	3.00%	3.00%	3.00%	3.00%

Derivative Financial Instrume_3

Derivative Financial Instruments - Outstanding Foreign Currency Forward Contracts that were Entered into to Hedge Forecasted Cash Flows (Details) - Jun. 28, 2019 € in Millions, ₩ in Millions, ¥ in Millions, £ in Millions	EUR (€)	GBP (£)	JPY (¥)	KRW (₩)
Foreign Exchange Contract
Derivative [Line Items]
Notional Amount	€ 81.7	£ 3.7	¥ 5,024.6	₩ 14,985.6

Derivative Financial Instrume_4

Derivative Financial Instruments - Fair Values of Derivative Instruments (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 28, 2019	Dec. 28, 2018
Derivatives, Fair Value [Line Items]
Foreign currency forward contracts, assets	$ 3	$ 1.6
Interest rate swaps, asset	0	0
Total	3	1.6
Foreign currency forward contracts, Liability	0.4	0.8
Interest rate swaps, liability	28.9	7.6
Total	29.3	8.4
Foreign currency cash flow hedge gain (loss) to be reclassified during next 12 months	2.6
Interest rate cash flow hedge gain (loss) to be reclassified during next 10 years	$ 28.9
Reclassification period	10 years
Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Foreign currency forward contracts, assets	$ 3	1.6
Interest rate swaps, asset	0	0
Total	3	1.6
Accounts payable and accrued expenses
Derivatives, Fair Value [Line Items]
Foreign currency forward contracts, Liability	0.4	0.8
Interest rate swaps, liability	0	0
Total	0.4	0.8
Other long-term liabilities
Derivatives, Fair Value [Line Items]
Foreign currency forward contracts, Liability	0	0
Interest rate swaps, liability	28.9	7.6
Total	28.9	$ 7.6
Interest Rate Contracts
Derivatives, Fair Value [Line Items]
Notional Amount	400
Interest Rate Contracts | 2024
Derivatives, Fair Value [Line Items]
Notional Amount	200
Interest Rate Contracts | 2028
Derivatives, Fair Value [Line Items]
Notional Amount	$ 200

Derivative Financial Instrume_5

Derivative Financial Instruments - Effect on Income (Details) € in Millions, ₩ in Millions, ¥ in Millions, £ in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2019USD ($)	Jun. 29, 2018USD ($)	Jun. 28, 2019USD ($)	Jun. 29, 2018USD ($)	Jun. 28, 2019EUR (€)	Jun. 28, 2019GBP (£)	Jun. 28, 2019JPY (¥)	Jun. 28, 2019KRW (₩)
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in other comprehensive income on derivatives (effective portion)	$ (14.2)	$ 4.7	$ (19.5)	$ 2.9
Amount of (loss) income reclassified from AOCI into income (effective portion)	1.8	0.9	2.3	0.4
Foreign Exchange Contract
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount					€ 81.7	£ 3.7	¥ 5,024.6	₩ 14,985.6
Foreign Exchange Contract | Net Sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in other comprehensive income on derivatives (effective portion)	(2.2)	6	1	4.2
Amount of (loss) income reclassified from AOCI into income (effective portion)	1.7	0.9	2.4	0.2
Foreign Exchange Contract | Cost of Products Sold
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in other comprehensive income on derivatives (effective portion)	0.1	0.7	0.8	0.7
Amount of (loss) income reclassified from AOCI into income (effective portion)	0.5	0.1	0.6	0.3
Interest Rate Swaps | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in other comprehensive income on derivatives (effective portion)	(12.1)	(2)	(21.3)	(2)
Amount of (loss) income reclassified from AOCI into income (effective portion)	$ (0.4)	$ (0.1)	$ (0.7)	$ (0.1)

Fair Value Measurements - Recur

Fair Value Measurements - Recurring (Details) - USD ($) $ in Millions	3 Months Ended
	Jun. 28, 2019	Dec. 28, 2018	Feb. 26, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill	$ 423.7	$ 423.4
Property, Plant and Equipment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held for sale related to discontinuance of tomato production	26.4
Proceeds from sale of assets held for sale	21.8
Gain on disposal of property, plant and equipment, net	5.7
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency forward contracts, net asset (liability)	0	0
Interest rate contracts, net (liability) asset	0	0
Fair Value, Measurements, Recurring | Significant Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency forward contracts, net asset (liability)	2.6	0.8
Interest rate contracts, net (liability) asset	(28.9)	(7.6)
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency forward contracts, net asset (liability)	0	0
Interest rate contracts, net (liability) asset	0	$ 0
Mann Packing
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill	$ 162		$ 162
Subsidiary | Mann Packing
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percent of subsidiary acquired			25.00%

Fair Value Measurements - Nonre

Fair Value Measurements - Nonrecurring (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 28, 2019	Mar. 29, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset impairment, net	$ 0.5		$ 18.3	$ 3.3	$ 18.3
Fair Value Measurements Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure	1.4			1.4
Fair Value Measurements Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure	0			0
Fair Value Measurements Nonrecurring | Significant Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure	0			0
Fair Value Measurements Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure	1.4			1.4
Fair Value Measurements Nonrecurring | Significant Unobservable Inputs (Level 3) | Impairment of equity investment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset impairment, net	0.1	$ 2.8
Fair Value Measurements Nonrecurring | Reported Value Measurement | Significant Unobservable Inputs (Level 3) | Impairment of equity investment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure		4.2
Equity Securities | Fair Value Measurements Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure	0			0
Equity Securities | Fair Value Measurements Nonrecurring | Significant Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure	0			0
Equity Securities | Fair Value Measurements Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure	$ 1.4	$ 1.4		$ 1.4

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Changes in OCI (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, value	$ 1,717.8
Other comprehensive (loss) income, before reclassifications	(15)	$ (1.4)
Amounts reclassified from accumulated other comprehensive (loss) income	(2)	0
Net current period other comprehensive (loss) income	(17)	(1.4)
Balance, value	1,768.6
Tax effect of effective cash flow hedges	2.8
Changes in fair Value of Effective cash Flow hedges
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, value	(5.8)	(1.4)
Other comprehensive (loss) income, before reclassifications	(14.5)	3.3
Amounts reclassified from accumulated other comprehensive (loss) income	(2.3)	(0.4)
Net current period other comprehensive (loss) income	(16.8)	2.9
Balance, value	(22.6)	1.5
Foreign Currency Translation Adjustment
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, value	(14.9)	(6.7)
Other comprehensive (loss) income, before reclassifications	(0.3)	(4.8)
Amounts reclassified from accumulated other comprehensive (loss) income	0	0
Net current period other comprehensive (loss) income	(0.3)	(4.8)
Balance, value	(15.2)	(11.5)
Foreign currency transaction and translation gain (loss)	2.2	(1)
Retirement Benefit Adjustment
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, value	(20.9)	(22.5)
Other comprehensive (loss) income, before reclassifications	(0.2)	0.1
Amounts reclassified from accumulated other comprehensive (loss) income	0.3	0.4
Net current period other comprehensive (loss) income	0.1	0.5
Balance, value	(20.8)	(22)
Total
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, value	(41.6)	(30.6)
Balance, value	$ (58.6)	$ (32)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Reclassification from OCI (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net sales	$ 1,239.4	$ 1,272.4	$ 2,393.6	$ 2,378.5
Cost of products sold	(1,143.1)	(1,194.1)	(2,204)	(2,193.7)
Interest expense	(6.9)	(6.1)	(13.8)	(9.8)
Total	38.1	(7.9)	74.2	33.6
Reclassification out of Accumulated Other Comprehensive Income | Changes in fair value of effective cash flow hedges:
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net sales	(1.7)	(0.9)	(2.4)	(0.2)
Cost of products sold	(0.5)	(0.1)	(0.6)	(0.3)
Interest expense	0.4	0.1	0.7	0.1
Total	(1.8)	(0.9)	(2.3)	(0.4)
Reclassification out of Accumulated Other Comprehensive Income | Amortization of retirement benefits:
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other expense, net	0.1	0.2	0.3	0.4
Total	$ 0.1	$ 0.2	$ 0.3	$ 0.4

Shareholders' Equity - Narrativ

Shareholders' Equity - Narrative (Details) - USD ($)	Jul. 29, 2015	Jul. 30, 2019	Jun. 28, 2019	Jun. 29, 2018	Dec. 28, 2018	Feb. 21, 2018
Class of Stock [Line Items]
Preferred shares, shares authorized (shares)			50,000,000		50,000,000
Preferred shares, par value (usd per share)			$ 0.01		$ 0.01
Preferred shares, issued (shares)			0		0
Preferred shares, outstanding (shares)			0		0
Ordinary shares, authorized (shares)			200,000,000		200,000,000
Ordinary shares, par value (usd per share)			$ 0.01		$ 0.01
Ordinary shares, issued (shares)			48,301,093		48,442,296
Ordinary shares, outstanding (shares)			48,301,093		48,442,296
Stock Repurchase Program:
Duration of share repurchase program	3 years
Stock repurchase program, ordinary shares authorized						$ 300,000,000
Stock repurchase program, value of ordinary shares repurchased and retired			$ 28,800,000
Stock repurchase program, ordinary shares repurchased and retired (shares)			877,869
Stock repurchase program, remaining authorized repurchase amount			$ 271,200,000
Stock repurchased during period (shares)			365,569	218,232
Payments of dividends, common stock			$ 0	$ 14,600,000
Subsequent Event
Stock Repurchase Program:
Stock repurchased during period (shares)		356,549
Amount of stock repurchased during period		$ 8,700,000
Share price (in usd per share)		$ 24.35

Shareholders' Equity - Ordinary

Shareholders' Equity - Ordinary Shares Activity (Details) - shares	6 Months Ended
	Jun. 28, 2019	Jun. 29, 2018
Stockholders' Equity Note [Abstract]
Stock option exercises (shares)	18,250	36,500
Restricted stock grants (shares)	33,721	21,304
Restricted and performance stock units (shares)	172,395	180,254
Ordinary shares repurchased and retired (shares)	(365,569)	(218,232)

Shareholders' Equity - Dividend

Shareholders' Equity - Dividends (Details) - $ / shares	Jun. 01, 2018	Mar. 30, 2018	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Stockholders' Equity Note [Abstract]
Cash Dividend Declared, per Ordinary Share (usd per share)	$ 0.150	$ 0.150	$ 0	$ 0.15	$ 0	$ 0.30