Fresh Del Monte Produce (FDP) 10-K 24 Feb 21 2020 FY Annual report Financial data

Cover Page Cover Page

Cover Page Cover Page - USD ($)	12 Months Ended
	Jan. 01, 2021	Feb. 12, 2021	Jun. 26, 2020
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jan. 1, 2021
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 SPV (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, Par Value $0.01 Per Share
Trading Symbol	FDP
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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 Public Float			$ 766,108,706
Share Price			$ 23.34
Entity Common Stock, Shares Outstanding		47,375,570
Documents Incorporated by Reference	Portions of the Registrant’s definitive Proxy Statement for the 2021 Annual General Meeting of Shareholders to be filed with the Securities and Exchange Commission within 120 days after the end of the registrant’s fiscal year are incorporated by reference in Part III of this report.
Entity Central Index Key	0001047340
Current Fiscal Year End Date	--01-01
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Amendment Flag	false
ICFR Auditor Attestation Flag	true

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019
Current assets:
Cash and cash equivalents	$ 16.5	$ 33.3
Trade accounts receivable, net of allowance of $28.5 and $19.6, respectively	359	363.9
Other accounts receivable, net of allowance of $3.7 and $3.4, respectively	76.2	75.1
Inventories, net	507.7	551.8
Assets held for sale	18	7.6
Prepaid expenses and other current assets	34.9	19.8
Total current assets	1,012.3	1,051.5
Investments in and advances to unconsolidated companies	1.9	1.9
Property, plant and equipment, net	1,420.3	1,403.2
Operating lease right-of-use assets	170.5	162.1
Goodwill	424	423.7
Intangible assets, net	150.4	158.2
Deferred income taxes	117	100.3
Other noncurrent assets	46.9	49
Total assets	3,343.3	3,349.9
Current liabilities:
Accounts payable and accrued expenses	511.8	522.2
Current maturities of debt and finance leases	0.2	0.3
Current maturities of operating leases	28.8	32.5
Income taxes and other taxes payable	14	7.9
Total current liabilities	554.8	562.9
Long-term debt and finance leases	541.8	586.8
Operating leases, less current maturities	114.4	102.7
Retirement benefits	99	98.1
Other noncurrent liabilities	93	70.9
Deferred income taxes	140.4	129.5
Total liabilities	1,543.4	1,550.9
Commitments and contingencies (See note 15)
Redeemable noncontrolling interest	50.2	55.3
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; 47,372,419 and 48,014,628 issued and outstanding, respectively	0.5	0.5
Paid-in capital	533.1	531.4
Retained earnings	1,271.4	1,252.7
Accumulated other comprehensive loss	(77)	(65.4)
Total Fresh Del Monte Produce Inc. shareholders' equity	1,728	1,719.2
Noncontrolling interests	21.7	24.5
Total shareholders' equity	1,749.7	1,743.7
Total liabilities, redeemable noncontrolling interest and shareholders' equity	$ 3,343.3	$ 3,349.9

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019
Statement of Financial Position [Abstract]
Accounts Receivable, Allowance for Credit Loss, Current	$ 28.5	$ 19.6
Other accounts receivable, net of allowance of $3.7 and $3.4, respectively	$ 3.7	$ 3.4
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]
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)	47,372,419	48,014,628
Ordinary shares, outstanding (shares)	47,372,419	48,014,628
Preferred shares, par value (usd per share)	$ 0.01	$ 0.01
Preferred shares, shares authorized (shares)	50,000,000	50,000,000
Preferred shares, issued (shares)	0	0
Preferred Stock, Shares Outstanding	0	0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Income Statement [Abstract]
Net sales	$ 4,202.3	$ 4,489	$ 4,493.9
Cost of products sold	3,951.4	4,182.6	4,208
Gross profit	250.9	306.4	285.9
Selling, general and administrative expenses	196.2	201.5	200.8
Gain on disposal of property, plant and equipment, net	22.2	18.6	7.1
Goodwill and trademarks impairment charges	0	0.3	11.3
Asset impairment and other charges, net	0.4	9.1	42.3
Operating income	76.5	114.1	38.6
Interest expense	21.4	25.4	23.6
Interest income	0.7	1.1	0.9
Other expense (income), net	4.5	(0.9)	15.7
Income before income taxes	51.3	90.7	0.2
Provision for income taxes	5	21.4	16.1
Net income (loss)	46.3	69.3	(15.9)
Less: Net (loss) income attributable to redeemable and  noncontrolling interests	(2.9)	2.8	6
Net income (loss) attributable to Fresh Del Monte Produce Inc.	$ 49.2	$ 66.5	$ (21.9)
Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc. - Basic	$ 1.03	$ 1.38	$ (0.45)
Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc. - Diluted	1.03	1.37	(0.45)
Dividends declared per ordinary share (usd per share)	$ 0.30	$ 0.14	$ 0.60
Weighted average number of ordinary shares:
Basic (in shares)	47,569,794	48,291,345	48,625,175
Diluted (in shares)	47,660,600	48,394,113	48,625,175

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 46.3	$ 69.3	$ (15.9)
Other comprehensive income (loss):
Net unrealized loss on derivatives, net of tax	(24.1)	(19.7)	(4.4)
Net unrealized foreign currency translation gain (loss)	12.5	(0.9)	(8.2)
Net change in retirement benefit adjustment, net of tax	0	(3.2)	1.6
Comprehensive income (loss)	34.7	45.5	(26.9)
Less: comprehensive (loss) income attributable to redeemable and noncontrolling interests	(2.9)	2.8	6
Comprehensive income (loss) attributable to Fresh Del Monte Produce Inc.	$ 37.6	$ 42.7	$ (32.9)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Net Cash Provided by (Used in) Operating Activities [Abstract]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ 46.3	$ 69.3	$ (15.9)
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Depreciation and amortization	95	97.9	100.5
Amortization of debt issuance costs	0.5	1	0.7
Share-based compensation expense	7.5	8.4	11.5
Goodwill and trademarks impairment charges	0	0.3	11.3
Asset impairment charges	11.8	8.1	35.1
Change in uncertain tax positions	0.6	(0.8)	0
Gain on disposal of property, plant and equipment, net	(22.2)	(18.6)	(7.1)
Deferred income taxes	(0.5)	5.2	3.6
Foreign currency translation adjustment	7.7	6.2	(5.7)
Other, net	(2.7)	0	0
Changes in operating assets and liabilities, net of acquisitions:
Receivables	16.1	22.1	(2.4)
Inventories	38.7	8.1	(2.8)
Prepaid expenses and other current assets	(12.7)	8	(7.6)
Accounts payable and accrued expenses	(11.7)	(53.3)	131.3
Other noncurrent assets and liabilities	6.2	7.2	(5.9)
Net Cash Provided by Operating Activities, Total	180.6	169.1	246.6
Net Cash Provided by (Used in) Investing Activities [Abstract]
Payments to Acquire Productive Assets	(150)	(122.3)	(150.5)
Payments to Acquire Interest in Subsidiaries and Affiliates	0	0	4.2
Proceeds from Sale of Property, Plant, and Equipment	39.5	69.4	17.4
Proceeds from sale of investment	0.5	0.7	0
Purchase of businesses, net of cash acquired	0	0	(357.5)
Other investing activities	1.2	0	0
Net cash used in investing activities	(108.8)	(52.2)	(494.8)
Net Cash (Used in) Provided by Financing Activities [Abstract]
Proceeds from long-term debt	751.8	736.4	1,103.1
Payments on long-term debt	(796.8)	(811.2)	(798.1)
Distributions to noncontrolling interests, net	(6.9)	(4.8)	(2.7)
Proceeds from stock options exercised	0	1.1	0.8
Repurchase and retirement of ordinary shares	(20.8)	(17.9)	(29.4)
Share-based awards settled in cash for taxes	(0.6)	(2.9)	(2.2)
Dividends paid	(14.3)	(6.7)	(29)
Other Financing Activities	1.8	(2.9)	(0.5)
Net cash (used) provided by financing activities	(85.8)	(108.9)	242
Effect of exchange rate changes on cash	(2.8)	4	2.4
Net (decrease) increase in cash and cash equivalents	(16.8)	12	(3.8)
Cash and cash equivalents, beginning	33.3	21.3	25.1
Cash and cash equivalents, ending	16.5	33.3	21.3
Supplemental cash flow information:
Cash paid for interest	20.6	23.2	19.3
Cash paid for income taxes	9.2	9.8	17
Non-cash financing and investing activities:
Right-of-use assets obtained in exchange for new operating lease obligations	50.7	40	0
Retirement of ordinary shares	20.8	17.9	29.4
Purchases of assets under financing lease obligations	0	0.4	0.2
Dividends on restricted stock units	0.4	0.3	0.3
Sale of an investment	$ 0	$ 0.6	$ 0

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND REDEEMABLE NONCONTROLLING INTERST - 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
Exercises of stock options (shares)		38,500
Exercises of stock options			0.9			0.9		0.9
Issuance of restricted stock awards (shares)		22,991
Settlement of restricted stock awards								0
Issuance of restricted stock units (shares)		351,856
Settlement of restricted stock units			0	0				0
Share-based payment expense			11.5			11.5		11.5
Cumulative effect adjustment of ASU 2016-16 related to deferred tax on trademarks			0					(0.1)
Cumulative effect adjustment of ASU 2016-16 related to deferred tax on trademarks | Accounting Standards Update 2016-16								3.2
Distribution to noncontrolling interests			0.5			0.5	0.4	0.9
Repurchase and retirement of ordinary shares (shares)		(730,532)
Repurchase and retirement of ordinary shares			(8.6)	(20.8)		(29.4)		(29.4)
Dividend declared			0.3	(29.4)		(29.1)	0	(29.1)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest							1.6
Cumulative effect adjustment | Accounting Standards Update 2016-06				(0.1)		(0.1)
Cumulative effect adjustment | Accounting Standards Update 2016-16				(3.2)		3.2
Fair value of redeemable noncontrolling interest resulting from business combination									$ 47.4
Comprehensive income:
Net income (loss)	$ (15.9)			(21.9)		(21.9)		(20.3)	4.4
Unrealized loss on derivatives					(4.4)	(4.4)		(4.4)
Net unrealized foreign currency translation loss					(8.2)	(8.2)		(8.2)
Change in retirement benefit adjustment, net of tax					1.6	1.6		1.6
Comprehensive income (loss)	$ (26.9)					(32.9)	1.6	(31.3)	4.4
Balance, shares (shares) at Dec. 28, 2018		48,442,296
Balance, value at Dec. 28, 2018		$ 0.5	527.1	1,206	(41.6)	1,692	25.8	1,717.8	51.8
Exercises of stock options (shares)		50,250
Exercises of stock options			1.1			1.1		1.1
Issuance of restricted stock awards (shares)		33,721
Settlement of restricted stock awards								0
Issuance of restricted stock units (shares)		211,423
Settlement of restricted stock units								0
Share-based payment expense			8.4			8.4		8.4
Cumulative effect adjustment of ASU 2016-16 related to deferred tax on trademarks				(0.6)				(0.6)
Distribution to noncontrolling interests			(0.1)			(0.1)	(0.5)	(0.6)	(0.1)
Repurchase and retirement of ordinary shares (shares)	(723,062)	(723,062)
Repurchase and retirement of ordinary shares			(5.4)	(12.5)		(17.9)		(17.9)
Dividend declared			0.3	(6.7)		(6.4)		(6.4)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest							(0.8)
Cumulative effect adjustment | Accounting Standards Update 2016-06						(0.6)
Comprehensive income:
Net income (loss)	$ 69.3			66.5		66.5		65.7	3.6
Unrealized loss on derivatives					(19.7)	(19.7)		(19.7)
Net unrealized foreign currency translation loss					(0.9)	(0.9)		(0.9)
Change in retirement benefit adjustment, net of tax					(3.2)	(3.2)		(3.2)
Comprehensive income (loss)	$ 45.5					42.7	(0.8)	41.9	3.6
Balance, shares (shares) at Dec. 27, 2019	48,014,628	48,014,628
Balance, value at Dec. 27, 2019	$ 1,743.7	$ 0.5	531.4	1,252.7	(65.4)	1,719.2	24.5	1,743.7	55.3
Issuance of restricted stock awards (shares)		7,609
Settlement of restricted stock awards								0
Issuance of restricted stock units (shares)		191,417
Settlement of restricted stock units								0
Share-based payment expense			7.5			7.5		7.5
Distribution to noncontrolling interests			0			0	0	0	(5)
Repurchase and retirement of ordinary shares (shares)	(841,235)	(841,235)
Repurchase and retirement of ordinary shares			(6.2)	(14.6)		(20.8)		(20.8)
Dividend declared			0.4	(14.7)		(14.3)		(14.3)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest							(2.8)
Cumulative effect adjustment | Accounting Standards Update 2016-06				(1.2)		(1.2)		(1.2)
Comprehensive income:
Net income (loss)	$ 46.3			49.2		49.2		46.4	(0.1)
Unrealized loss on derivatives					(24.1)	(24.1)		(24.1)
Net unrealized foreign currency translation loss					12.5	12.5		12.5
Comprehensive income (loss)	$ 34.7					37.6	(2.8)	34.8	(0.1)
Balance, shares (shares) at Jan. 01, 2021	47,372,419	47,372,419
Balance, value at Jan. 01, 2021	$ 1,749.7	$ 0.5	$ 533.1	$ 1,271.4	$ (77)	$ 1,728	$ 21.7	$ 1,749.7	$ 50.2

General

General	12 Months Ended
	Jan. 01, 2021
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. Nature of Business We are one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and marketer of prepared fruit and vegetables, juices, beverages and snacks in Europe, Africa and the Middle East. We market our products worldwide under the Del Monte ® brand, a symbol of product innovation, quality, freshness and reliability since 1892. Our major sales markets are organized as follows: North America, Europe (which includes Kenya), the Middle East (which includes North Africa) and Asia. Our global sourcing and logistics system allows us to provide regular delivery of consistently high-quality produce and value-added services to our customers. Our major producing operations are located in North, Central and South America, Asia and Africa. Our products are sourced from company-owned operations, through joint venture arrangements and through supply contracts with independent growers. Our business is comprised of three reportable segments, two of which represent our primary businesses of fresh and value-added products and banana, and one that represents our other ancillary businesses. • Fresh and value-added products - includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries and kiwis), other fruit and vegetables, avocados, and prepared foods (including prepared fruit and vegetables, juices, other beverages, and meals and snacks). • Banana • Other products and services - includes our ancillary businesses consisting of sales of poultry and meat products, a plastic product business, and third-party freight services. Fiscal Year Our fiscal year end is the last Friday of the calendar year or the first Friday subsequent to the end of the calendar year, whichever is closest to the end of the calendar year. Fiscal year 2020 had 53 weeks and ended on January 1, 2021. Fiscal year 2019 had 52 weeks and ended on December 27, 2019. Fiscal year 2018 had 52 weeks and ended on December 28, 2018. Basis of Presentation The accompanying Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). The preparation of our Consolidated Financial Statements in accordance with U.S. GAAP requires us to make estimates and assumptions that affect the amounts reported in our Consolidated Financial Statements and accompanying notes. Actual results could differ from these estimates. Our Consolidated Financial Statements include the accounts of our majority owned subsidiaries, which we control due to ownership of a majority voting interest. Additionally, we consolidate variable interest entities ("VIEs") when we have variable interests and are the primary beneficiary. All significant intercompany accounts and transactions are eliminated in consolidation. Certain reclassification of prior period balances have been made to conform to current presentation. Specifically, our segment data disclosures for the years ended December 27, 2019 and December 28, 2018 have been adjusted to reflect a reclassification of cost of products sold between our banana and fresh and value-added products segments as the result of a refinement in our overhead costs allocation methodology. Refer to Note 20. " Business Segment Data " for further information on our segment disclosures. 1. General (continued) Our Consolidated Statement of Operations for the years ended December 27, 2019 and December 28, 2018 reflects a $5.8 million and $6.1 million adjustment, respectively, to correct the presentation of payroll and payroll-related costs associated with sales personnel from cost of products sold to selling, general, and administrative expenses. This reclassification adjustment was identified in connection with an internal reorganization of our sales force and is not material to our Consolidated Financial Statements. Refer to Note 20. " Business Segment Data " for further information. We are required to evaluate events occurring after January 1, 2021, our fiscal year end, for recognition and disclosure in the Consolidated Financial Statements for the year ended fiscal 2020. Events are evaluated based on whether they represent information existing as of January 1, 2021, which require recognition in the Consolidated Financial Statements, or new events occurring after January 1, 2021, which do not require recognition but require disclosure if the event is significant to the Consolidated Financial Statements. We evaluated events occurring subsequent to January 1, 2021 through the date of issuance of these Consolidated Financial Statements.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jan. 01, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Cash and Cash Equivalents We classify as cash equivalents all highly liquid investments with a maturity of three months or less at the time of purchase. Trade Receivables Trade receivables less allowances are recognized on our accompanying Consolidated Balance Sheets at net realizable value, which reflects the net amount expected to be collected from customers. Our allowance for trade receivables consists of two components: a $15.1 million allowance for credit losses and a $13.4 million allowance for customer claims, which are accounted for under the scope of ASC 606 - Revenue Recognition . We estimate expected credit losses on our trade receivables in accordance with Accounting Standards Codification ("ASC") 326 - Financial Instruments - Credit Losses . We adopted this accounting standard on the first day of our 2020 fiscal year, using a modified-retrospective approach. As a result, the consolidated financial statements for 2020 are presented under the new standard, while the comparative prior year period is not adjusted, and continues to be reported in accordance with our historical accounting policy. We perform ongoing credit evaluations of our customers and adjust credit limits based upon payment history and customers’ credit worthiness, as determined by our review of their current credit information. We measure the allowance for credit losses on trade receivables on a collective (pool) basis when similar risk characteristics exist. We generally pool our trade receivables based on geographic region or country to which the receivables relate. Receivables that do not share similar risk characteristics are evaluated for collectibility on an individual basis. Our historical credit loss experience provides the basis for our estimation of expected credit losses. We generally use a three-year average of annual loss rates as a starting point for our estimation, and make adjustments to the historical loss rates to account for differences in current conditions impacting the collectibility of our receivable pools. We generally monitor macroeconomic indicators to assess whether adjustments are necessary to reflect current conditions. Our allowances for identified claims are recorded as a reduction to both trade accounts receivable and net sales. Write-off of accounts receivable is done only when all collection efforts have been exhausted without success. Accounts receivable from one customer represents approximately 12% of trade accounts receivable, net of allowance. This customer is current with its payments. Other Accounts Receivable Other accounts receivable less allowances are recognized on our accompanying Consolidated Balance Sheets at net realizable value, which reflects the net amount expected to be collected. Other accounts receivable includes value-added taxes (“VAT”) 2. Summary of Significant Accounting Policies (continued) receivables, seasonal advances to growers and suppliers, which are usually short-term in nature, and other financing receivables. VAT receivables are primarily related to purchases by production units and are refunded by the taxing authorities. As of January 1, 2021, we had $25.2 million, net of allowance of $0.1 million, classified as current in other accounts receivable and $22.8 million, net of allowance of $5.9 million, classified as other noncurrent assets on our Consolidated Balance Sheets. As of December 27, 2019, we had $28.8 million, net of allowance of $0.1 million, classified as current in other accounts receivable and $22.5 million, net of allowance of $6.5 million, classified as other noncurrent assets in our Consolidated Balance Sheets. Advances to growers and suppliers are generally repaid to us as produce is harvested and sold. We generally require property liens and pledges of the current season’s produce as collateral to support the advances. Refer to Note 6, “ Allowance for Credit Losses ” for further discussion on advances to growers and suppliers. We measure the allowance for credits losses on advances to suppliers and growers on a collective (pool) basis when similar risk characteristics exist. We generally pool our advances based on the country which they relate to, and further disaggregate them based on their current or past-due status. We generally consider an advance to a grower to be past due when the advance is not fully paid within the respective growing season. The allowance for advances to growers and suppliers that do not share similar risk characteristics are determined on a case-by-case basis, depending on the expected production for the season and other contributing factors. The advances are typically collateralized by property liens and pledges of the respective season's produce. Occasionally, we agree to a payment plan with certain growers or take steps to recover the advance via established collateral. We may write-off uncollectible financing receivables after our collection efforts are exhausted. Our historical credit loss experience provides the basis for our estimation of expected credit losses. We generally use a three-year average annual loss rate as the starting point for our estimation, and make adjustments to the historical loss rate to account for differences in current or expected future conditions. We generally monitor macroeconomic indicators as well as other factors, including unfavorable weather conditions and crop diseases, which may impact the collectibility of the advances when assessing whether adjustments to the historical loss rate are necessary. Recoveries of other accounts receivable previously reserved in the allowance are credited to operating income. Inventories Inventories are valued at the lower of cost or net realizable value. Cost is computed using the weighted average cost or first-in first-out methods for finished goods, which includes fresh produce and prepared food and the first-in first-out, actual cost or average cost methods for raw materials and packaging supplies. Raw materials and packaging supplies inventory consists primarily of agricultural supplies, containerboard, packaging materials, spare parts and fuel. Inventories consisted of the following (U.S. dollars in millions): January 1, 2021 December 27, 2019 Finished goods $ 190.7 $ 203.5 Raw materials and packaging supplies 136.8 155.8 Growing crops 180.2 192.5 Total inventories $ 507.7 $ 551.8 Expenditures on pineapple, melon, vegetables and non-tropical fruit growing crops are valued at the lower of cost or net realizable value and are deferred and charged to cost of products sold when the related crop is harvested and sold. The deferred growing costs included in inventories in our Consolidated Balance Sheets consist primarily of land preparation, cultivation, irrigation and fertilization costs. Expenditures related to banana crops are expensed in the year incurred due to the continuous nature of the crop. 2. Summary of Significant Accounting Policies (continued) Accounting for Planned Major Maintenance Activities We account for planned major maintenance activities, such as ship dry-dock activities, consistent with ASC guidance related to “Other Assets and Deferred Costs.” We utilize the deferral method of accounting for ship dry-dock activities whereby actual costs incurred are deferred and amortized on a straight-line basis over the period until the next scheduled dry-dock activity. Property, Plant and Equipment and Other Long-Lived Assets Property, plant and equipment additions are recorded at cost. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, which range from 10 to 40 years for buildings, five three three five Property, Plant and Equipment ” for further information. When assets are retired or disposed of, the costs and accumulated depreciation or amortization are removed from the respective accounts and any related gain or loss is recognized. Maintenance and repairs are charged to expense as incurred. Significant expenditures, which extend the useful lives of assets, are capitalized. Interest is capitalized as part of the cost of construction. Our long-lived assets other than property, plant and equipment consist of definite-lived intangible assets. Intangible assets determined to have finite lives are amortized over their estimated useful lives to reflect the pattern of economic benefits consumed, either on a straight-line or accelerated basis. Our definite-lived intangibles have a remaining weighted average amortization period of 19.9 years. Amortization expense related to definite-lived intangible assets totaled $7.8 million for 2020, $8.5 million for 2019 and $7.0 million for 2018, and is included in selling, general, and administrative expenses. Refer to Note 5, “ Goodwill and Other Intangible Assets. ” for further information. We review long-lived assets (or asset groups) with identifiable cash flows for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. In the event that an asset is not recoverable, and the carrying amount of an asset exceeds the asset’s fair value, we measure and record an impairment loss for the excess. The fair value of an asset is measured by either determining the expected future discounted cash flow of the asset or by independent appraisal. For long-lived assets held for sale, we record impairment losses when the carrying amount is greater than the fair value less the cost to sell. We discontinue depreciation of long-lived assets when these assets are classified as held for sale and include these assets as assets held for sale on our Consolidated Balance Sheets. Our long-lived assets are primarily composed of property, plant and equipment and definite-lived intangible assets. See Note 4, “ Property, Plant and Equipment ” and Note 5, “ Goodwill and Other Intangible Assets. ” We incurred charges related to impairment of long-lived assets of $11.8 million in 2020, $8.1 million in 2019, and $35.1 million in 2018. Such charges are included in asset impairment and other charges, net in the accompanying Consolidated Statements of Operations for the years ended January 1, 2021, December 27, 2019 and December 28, 2018 and as described further in Note 3, “ Asset Impairment and Other Charges, Net. ” The gain on disposal of property, plant and equipment, net during fiscal 2020 of $22.2 million primarily related to the sale of three farms in Chile, a facility in the Middle East, and two facilities in North America, which were accounted for using the guidance in ASC 610. Goodwill and Indefinite-Lived Intangible Assets Goodwill represents the excess of the purchase price of an acquired entity over the fair value of the net tangible and identifiable intangible assets acquired and liabilities assumed in a business combination. We assess goodwill at the reporting unit level on an annual basis as of the first day of our fourth quarter, or more frequently if events or changes in circumstances suggest that goodwill may not be recoverable. A significant amount of judgment is involved in determining if an indicator of impairment has occurred. 2. Summary of Significant Accounting Policies (continued) For those reporting units where events or change in circumstances indicate that potential impairment indicators exist, we perform a quantitative assessment to determine whether the carrying amount of goodwill can be recovered. When performing the annual goodwill impairment test, we may start with an optional qualitative assessment as allowed for under the accounting guidance. As part of the qualitative assessment, we evaluate all events and circumstances, including both positive and negative events, in their totality, to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If we bypass the qualitative assessment, or if the qualitative assessment indicates that a quantitative analysis should be performed, we evaluate goodwill for impairment by comparing the fair value of a reporting unit to its carrying value, including the associated goodwill. We generally estimate a reporting unit’s fair value using a discounted cash flow approach which is dependent on several significant estimates and assumptions related to forecasts of future revenues, cost of sales, expenses and the weighted-average cost of capital for each reporting unit. If the carrying amount of the reporting unit exceeds the estimated fair value, an impairment charge is recorded to reduce the carrying value to the estimated fair value. The impairment of goodwill is limited to the total amount of goodwill allocated to the reporting unit. Any adverse changes in the significant estimates and assumptions used in our goodwill impairment test could have a significant impact on the recoverability of goodwill and could have a material impact on our Consolidated Financial Statements. An intangible asset with an indefinite useful life is not amortized but assessed for impairment annually. We evaluate our indefinite-lived intangible assets for impairment annually, or sooner if indications of possible impairment are identified. When performing the annual impairment test, we first may start with an optional qualitative assessment to determine whether it is not more likely than not that our indefinite-lived intangible assets are impaired. As part of a qualitative assessment, we evaluate relevant events and circumstances that could affect the significant inputs used to determine the fair value of the indefinite-lived intangible asset. If we bypass the qualitative assessment, or if the qualitative assessment indicates that a quantitative analysis should be performed, we evaluate our indefinite-lived intangible assets for impairment by comparing the fair value of the asset to its carrying amount. We generally estimate the fair value of our indefinite-lived intangible assets using a discounted cash flow approach. See Note 5, " Goodwill and Other Intangible Assets ” for further discussion. Revenue Recognition Revenue is recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration we expect to be entitled to in exchange for those products or services. We record revenue based on a five-step model in accordance with the accounting guidance. For our customer contracts, we identify the performance obligations (products or services), determine the transaction price, allocate the contract transaction price to the performance obligations, and recognize the revenue when the performance obligation is fulfilled, which is when the product is shipped to or received by the customer, depending on the specific terms of the arrangement. Our revenues are recorded at a point in time. Product sales are recorded net of variable consideration, such as provisions for returns, discounts and allowances. Such provisions are calculated using historical averages adjusted for any expected changes due to current business conditions. Consideration given to customers for cooperative advertising is recognized as a reduction of revenue except to the extent that there is a distinct good or service, in which case the expense is classified as selling, general, and administrative expense. Provisions for customer volume rebates are based on achieving a certain level of purchases and other performance criteria that are established on a program by program basis. These rebates are estimated based on the expected amount to be provided to the customers and are recognized as a reduction of revenue. We elected the practical expedient to expense incremental costs of obtaining a contract, if the contract period is for one year or less. These costs are included in selling, general and administrative expenses. Otherwise, incremental contract costs are recognized as an asset on our Consolidated Balance Sheets and amortized over time as promised goods and services are transferred to a customer. We account for shipping and handling costs as costs to fulfill a contract and not as performance obligations to our customers. We also exclude taxes collected from our customers, assessed by government authorities that are both imposed on and concurrent with a specific revenue-producing transaction, from our determination of the transaction price. We utilize a practical expedient and do not adjust the promised amount of consideration for the effects of a significant financing component if the period between the transfer of the promised good or service to a customer and the customer payment is one year or less. 2. Summary of Significant Accounting Policies (continued) Cost of Products Sold Cost of products sold is primarily made up of two elements: product costs and logistics costs. Product costs - primarily composed of cultivation (the cost of growing crops), harvesting, packaging, labor, depreciation and farm administration. Product cost for produce obtained from independent growers is composed of procurement and packaging costs. Logistics costs - include land and sea transportation and expenses related to port facilities and distribution centers. Sea transportation cost is the most significant component of logistics costs and is comprised of: • Ship operating expenses - include operations, maintenance, depreciation, insurance, fuel, and port charges. • Chartered ship costs - include the cost of chartering the ships, fuel and port charges. • Container equipment-related costs - include leasing expense and in the case of owned equipment, also depreciation expense. • Third-party containerized shipping costs - include the cost of using third-party shipping in our logistics operations. Advertising and Promotional Cost s We expense advertising and promotional costs as incurred. Advertising and promotional costs, which are included in selling, general and administrative expenses, were $14.6 million for 2020, $14.9 million for 2019 and $15.2 million for 2018. Income Taxes Deferred income taxes are recognized for the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts at each year end, based on enacted tax laws and statutory tax rates applicable to the year in which the differences are expected to affect taxable income. Valuation allowances are established when it is deemed more likely than not that some portion or all of the deferred tax assets will not be realized. We account for income tax uncertainties consistent with the ASC guidance included in “ Income Taxes, ” which clarifies the accounting for uncertainty in income taxes recognized in a company’s financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The ASC also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. See Note 8, “ Income Taxes. ” Contingencies Estimated losses from contingencies are recognized if it is probable that an asset has been impaired or a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Gain contingencies are not reflected in the financial statements until realized. We use judgment in assessing whether a loss contingency is probable and estimable. Actual results may differ from these estimates. See Note 15, “ Commitments and Contingencies. ” Foreign Currency Translations and Transactions For our operations in countries where the functional currency is other than the U.S. dollar, balance sheet amounts are translated using the exchange rate in effect at the balance sheet date. Income statement amounts are translated monthly using the average exchange rate for the respective month. The gains and losses resulting from the changes in exchange rates from year-to-year 2. Summary of Significant Accounting Policies (continued) and the effect of exchange rate changes on intercompany transactions of long-term investment nature are recorded as a component of accumulated other comprehensive income or loss as currency translation adjustments. For our operations where the functional currency is the U.S. dollar, non-monetary balance sheet amounts are translated at historical exchange rates. Other balance sheet amounts are translated at the exchange rates in effect at the balance sheet date. Income statement accounts, excluding those items of income and expenses that relate to non-monetary assets and liabilities, are translated at the average exchange rate for the month. These remeasurement adjustments are included in the determination of net income and are included in other expense (income), net. Other expense (income), net, in the accompanying Consolidated Statements of Operations includes a net foreign exchange loss of $0.8 million for 2020, $8.9 million for 2019, and $10.4 million for 2018. These amounts include the effect of foreign currency remeasurement and realized foreign currency transaction gains and losses. Other Expense (Income), Net In addition to foreign currency gains and losses described above, other expense (income), net, also includes other non-operating income and expense items. Leases We lease property, plant and equipment for use in our operations including agricultural land, office facilities and refrigerated containers. 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, and therefore information for periods prior to fiscal year 2019 is presented in accordance with the previous accounting standard. 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 also have lease agreements with lease and non-lease components, and we have made an accounting policy election to account for these as a single lease component. We evaluate our leases at inception or at any subsequent modification and classify them as either finance or operating leases. For leases with terms greater than 12 months, we recognize a related asset ("right-of-use asset") and obligation ("lease liability") on the lease commencement date, calculated as the present value of lease payments over the lease term. Right-of-use assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Certain leases include one or more options to renew or options to terminate, which are generally at our discretion. Any option or renewal periods that we determine are reasonably certain of being exercised are included in the lease term, and are used in calculating the right-of-use asset and lease liabilities. Many of our leases also include predetermined fixed escalation clauses. We recognize rental expense for operating leases that contain predetermined fixed escalation clauses on a straight-line basis over the expected term of the lease. Our lease agreements do not contain any residual value guarantees. 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. For finance leases, we recognize interest expense and amortization of the right-of-use asset, and for operating leases, we recognize lease expense on a straight-line basis over the lease term. See Note 9, “ Leases ” for more information. 2. Summary of Significant Accounting Policies (continued) Fair Value Measurements Fair value is measured as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In developing its fair value estimates, we use the following hierarchy: • Level 1 - Quoted prices in active markets for identical assets or liabilities. • Level 2 - Observable market-based inputs or unobservable inputs that are corroborated by market data. • Level 3 - Significant unobservable inputs that are not corroborated by market data. Generally, these fair value measures are model-based valuation techniques such as discounted cash flows using our own estimates and assumptions or those expected to be used by market participants. We measure fair value for financial instruments, such as derivatives, 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 when indicators of impairment exist. See Note 17, “ Fair Value Measurements ” for more information. Share-Based Compensation Compensation expense for all share-based awards expected to vest is measured at fair value on the date of grant and recognized on a straight-line basis over the related service period, which is generally the vesting period of each award. Our shared-based awards primarily consist of performance stock units and restricted stock units, and are granted to employees and members of our Board of Directors which meet the definition of employees under the accounting guidance. The fair value of our share-based awards is determined based on our stock price on the date of grant. See Note 14, “ Stock-Based Compensation ” for more information. Derivative Financial Instruments We recognize the value of derivative instruments as either assets or liabilities in the statement of financial position at fair value. The accounting for changes in the fair value (i.e., gains or losses) of a derivative instrument depends on whether it has been designated as a hedge and qualifies as part of a hedging relationship. The accounting also depends on the type of hedging relationship, whether a cash flow hedge, a fair value hedge, or hedge of a net investment in a foreign operation. We use derivative financial instruments primarily to reduce our exposure to adverse fluctuations in foreign exchange rates, variable interest rates and bunker fuel prices. Upon entry into a derivative instrument, we formally designate and document the financial instrument as a hedge of a specific underlying exposure, as well as the risk management objectives and strategies for undertaking the hedge transaction. Derivatives are recorded in the Consolidated Balance Sheets at fair value in prepaid expenses and other current assets, other non-current assets, accounts payable and accrued expenses or other non-current liabilities, depending on whether the amount is an asset or liability and is of a short-term or long-term nature. We designate our derivative financial instruments as cash flow hedges. 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. We also classify the cash flows from our cash flow hedges in the same category as the items being hedged on our Consolidated Statements of Cash Flows based on the fact that our cash flow hedges do not contain an other-than-insignificant financing element at inception. In the event that hedge accounting is discontinued, any changes in fair value of the associated derivatives since the date of dedesignation are recognized in other income (expense), net. Cash flows subsequent to the date of dedesignation are classified within investing activities in our Consolidated Statements of Cash Flows. 2. Summary of Significant Accounting Policies (continued) See Note 16, “ Derivative Financial Instruments ” for more information. Share Repurchases When stock is retired or purchased for constructive retirement, the purchase price is initially recorded as a reduction to the par value of the shares repurchased, with any excess purchase price over par value recorded as a reduction to additional paid-in capital and retained earnings. Retirement and Other Employee Benefits We sponsor a number of defined benefit pension plans and post-retirement plans. The most significant of these plans cover employees in the United States, United Kingdom, Costa Rica and Guatemala. We recognize the funded status of our defined benefit pension and post-retirement plans in our Consolidated Balance Sheets, with changes in the funded status recognized primarily through accumulated other comprehensive income (loss) in the year in which the changes occur. Actuarially-determined liabilities related to pension and post-retirement benefits are recorded based on estimates and assumptions. Factors used in developing estimates of these liabilities include assumptions related to discount rates, rates of return on investments, benefit payment patterns and other factors, and are periodically updated. We provide disclosures about our plan assets, including investment strategies, major categories of plan assets, concentrations of risk within plan assets, and valuation techniques used to measure the fair value of plan assets consistent with the fair value hierarchy framework. See Note 13, “ Retirement and Other Employee Benefits ” for more information. Redeemable Noncontrolling Interest As part of the Mann Packing acquisition in 2018, we acquired a put option exercisable by the 25% shareholder of one of the acquired subsidiaries. The put option allows the noncontrolling shareholder to sell its 25% noncontrolling interest to us for a multiple of the subsidiary's adjusted earnings. The noncontrolling shareholder can exercise this put option on or after April 1, 2023. Following a five New Accounting Pronouncements - Adopted In April 2019, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("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 affect the recognition and measurement of financial instruments, including derivatives and fair value hedges. We adopted this ASU on the first day of our 2020 fiscal year. The adoption of this ASU did not have a material impact on our consolidated 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. We adopted this ASU on the first day of our 2020 fiscal year. The adoption of this ASU did not have a material impact on our consolidated 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 2. Summary of Significant Accounting Policies (continued) interests. We adopted this ASU on the first day of our 2020 fiscal year. The adoption of this ASU did not have a material impact on our consolidated 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 s

Asset Impairment and Other Char

Asset Impairment and Other Charges, Net	12 Months Ended
	Jan. 01, 2021
Asset Impairment and Other Charges, Net [Abstract]
Asset Impairment and Other Charges, Net	Asset Impairment and Other Charges, Net We incurred asset impairment and other charges, net totaling $0.4 million for 2020, $9.1 million for 2019 and $42.3 million for 2018. The following represents the detail of asset impairment and other charges, net for fiscal 2020 by reportable segment (U.S. dollars in millions): Long-lived Exit activity and other Total Banana segment: California Air Resource Board settlement (1) $ — $ 1.3 $ 1.3 Philippine asset impairment of low-yield areas 1.8 — 1.8 Impairment of property and equipment due to hurricanes (2) 4.8 — 4.8 Fresh and value-added products segment: California Air Resource Board settlement (1) — 0.7 0.7 Impairment of property and related equipment (3) 5.2 — 5.2 Insurance recovery related to product recall (4) — (15.0) (15.0) North America reorganization charges (5) — 1.5 1.5 Other fresh and value-added products segment charges — 0.1 0.1 Total asset impairment and other charges, net $ 11.8 $ (11.4) $ 0.4 (1) $2.0 million charge for fiscal 2020 relating to a settlement with the California Air Resource Board. This charge relates to both our banana and fresh and value-added products segments. Refer to Note 15. " Commitments and Contingencies " for further information regarding this matter. (2) $4.8 million charge for fiscal 2020 relating to asset impairments incurred in Central America. In the fourth quarter of 2020, hurricanes Eta and Iota impacted our farm operations in the country of Guatemala, which resulted in damages to property and equipment including to our banana plantations, levees, drainage equipment, and other related fixed assets. (3) $5.2 million asset impairment charges for fiscal 2020 primarily relating to impairment of property and related equipment in North America, the Middle East, and Europe. (4) $(15.0) million insurance recovery for fiscal 2020 relating to a voluntary recall of vegetable products in North America which was announced in the fourth quarter of 2019. (5) $1.5 million charge for fiscal 2020 relating to severance expenses incurred in connection with the reorganization of our sales and marketing function in North America. 3. Asset Impairment and Other Charges, Net (continued) The following represents the detail of asset impairment and other charges, net for the year ended December 27, 2019 by reportable segment (U.S. dollars in millions): Long-lived Total Banana segment: Philippine asset impairment of low-yield areas $ 4.7 $ — $ 4.7 Philippine exit activities of certain low-yield areas — 0.5 0.5 Fresh and value-added products segment: Impairment of equity investment (1) 2.9 — 2.9 North America vegetable product recall — 0.5 0.5 Other fresh and value-added products segment charges 0.5 — 0.5 Total asset impairment and other charges, net $ 8.1 $ 1.0 $ 9.1 (1) $2.9 million impairment of equity investment for the year ended December 27, 2019 related to our 10% equity ownership interest in The Purple Carrot, which we sold within the same year. The following represents the detail of asset impairment and other charges, net for the year ended December 28, 2018 by reportable segment (U.S. dollars in millions): Long-lived Exit activity and other charges (credits) Total Banana segment: Philippine exit activities of certain low-yield areas $ 30.0 $ 2.3 $ 32.3 Underutilized assets in Central America 1.8 — 1.8 Cost reduction initiatives in Central America 1.8 — 1.8 Fresh and value-added products segment: Chile severance due to restructuring as a result of cost reduction initiatives — 2.4 2.4 Underutilized assets in Central America 0.5 — 0.5 Acquisition costs (1) — 4.1 4.1 Tomato production assets impairment 1.0 — 1.0 Other fresh and value-added segment credits — (1.6) (1.6) Total asset impairment and other charges, net $ 35.1 $ 7.2 $ 42.3 (1) Acquisition costs primarily relate to our acquisition of Mann Packing Co., Inc. ("Mann Packing").

Property, Plant and Equipment,

Property, Plant and Equipment, Net	12 Months Ended
	Jan. 01, 2021
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net	Property, Plant and Equipment, Net Property, plant and equipment, net consisted of the following (U.S. dollars in millions): January 1, 2021 December 27, 2019 Land and land improvements $ 704.8 $ 704.4 Buildings and leasehold improvements 666.9 610.5 Machinery and equipment 632.0 611.4 Maritime equipment (including containers) 170.6 115.8 Furniture, fixtures and office equipment 101.9 99.8 Automotive equipment 74.7 80.0 Construction-in-progress 77.5 200.4 2,428.4 2,422.3 Less: accumulated depreciation and amortization (1,008.1) (1,019.1) Property, plant and equipment, net $ 1,420.3 $ 1,403.2 Depreciation expense on property, plant and equipment, including assets under finance leases, was $87.2 million for 2020, $89.6 million for 2019 and $92.2 million for 2018. Shipping containers, machinery and equipment and automotive equipment under finance leases totaled $1.7 million at January 1, 2021 and $2.1 million at December 27, 2019. Accumulated amortization for assets under finance leases was $1.1 million at January 1, 2021 and $0.8 million at December 27, 2019. The gain on disposal of property, plant and equipment, net was a gain of $22.2 million for 2020, a gain of $18.6 million for 2019 and gain of $7.1 million for 2018. The gain on disposal of property, plant and equipment, net in 2020 is primarily related to the sale of underutilized land in Chile, a facility in Dubai, and two facilities in North America. Partially offsetting these gains was a net loss on disposal of assets, mainly in Central America. The gain on disposal of property, plant and equipment, net in 2019 primarily related to the sale of surplus land in Florida and a refrigerated vessel. Partially offsetting these gains was the loss on disposal of low-yielding banana plants in Costa Rica in order to replant and improve productivity and other losses on disposal of surplus assets.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Jan. 01, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The following table reflects our indefinite-lived intangible assets, including goodwill and our definite-lived intangible assets along with related accumulated amortization by major category (U.S. dollars in millions): January 1, 2021 December 27, 2019 Goodwill $ 424.0 $ 423.7 Indefinite-lived intangible assets: Trademarks 31.7 31.7 Definite-lived intangible assets: Definite-lived intangible assets 150.4 150.4 Accumulated amortization (31.7) (23.9) Definite-lived intangible assets, net 118.7 126.5 Goodwill and other intangible assets, net $ 574.4 $ 581.9 Indefinite-lived and definite-lived intangible assets are included in intangible assets, net, in the Consolidated Balance Sheets. 5. Goodwill and Other Intangible Assets (continued) The following table reflects the changes in the carrying amount of goodwill by business segment (U.S. dollars in millions): Bananas Fresh and Value-Added Products Totals Balance at December 28, 2018 $ 64.5 $ 358.9 $ 423.4 Foreign exchange and other (0.1) 0.4 0.3 Balance at December 27, 2019 $ 64.4 $ 359.3 $ 423.7 Foreign exchange and other 0.1 0.2 0.3 Balance at January 1, 2021 $ 64.5 $ 359.5 $ 424.0 In the table above, goodwill is presented net of accumulated impairment losses of $88.1 million, relating strictly to the fresh and value-added products segment. There were no impairment charges recorded to goodwill during 2020, 2019, or 2018. Results of Impairment Tests We review goodwill for impairment on an annual basis or earlier if indicators of impairment arise. We performed our fourth quarter 2020 annual goodwill impairment test using a quantitative assessment for all reporting units, and specifically an income approach valuation methodology. The results of our impairment test resulted in the fair value of each reporting unit exceeding its respective carrying amount as of the assessment date. We also evaluated both Del Monte ® trade names and trademarks related to our prepared food reporting unit for impairment as of the first day of our fourth quarter of 2020 using the royalty savings method, an income approach valuation methodology. The royalty savings method estimated the fair value of the intangible assets by capitalizing the royalties saved. Both Del Monte ® trade names and trademarks had fair values that exceeded their carrying amounts. The fair value of the banana reporting unit's goodwill, prepared reporting unit's goodwill and the Del Monte ® prepared food reporting unit’s trade names and trademarks are 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. If the banana and the prepared food reporting unit do not perform to expected levels, the related goodwill and the Del Monte ® trade names and trademarks associated with the prepared food reporting unit may be at risk for impairment in the future. During 2019, also based on the annual impairment review of trade names and trademarks performed on the first day of our fourth quarter, we incurred an impairment charge of $0.3 million related to our Del Monte ® perpetual, royalty-free brand name license for beverage products in the United Kingdom due to the underperformance of our prepared ambient juice business. The following table highlights the sensitivities of the indefinite-lived intangibles as of January 1, 2021 (U.S. dollars in millions): Banana Prepared Food Reporting Unit Goodwill Prepared Food Reporting Unit Del Monte ® Carrying value of indefinite-lived intangible assets $ 64.5 $ 48.8 $ 30.8 Approximate percentage by which the fair value exceeds the carrying value based on the annual impairment test 7.0 % 7.5 % 6.9 % Amount that a one percentage point increase in the discount rate and a 5% decrease in cash flows would cause the carrying value to exceed the fair value and trigger an impairment $ 64.5 $ 35.5 $ 2.2 5. Goodwill and Other Intangible Assets (continued) The estimated amortization expense related to definite-lived intangible assets for the five succeeding years is as follows (U.S. dollars in millions): Year Estimated Amortization Expense 2021 $ 7.8 2022 7.8 2023 6.9 2024 6.5 2025 6.4

Allowance for Credit Losses

Allowance for Credit Losses	12 Months Ended
	Jan. 01, 2021
Receivables [Abstract]
Financing Receivables	Allowance for Credit Losses We estimate expected credit losses on our trade receivables and financing receivables in accordance with Accounting Standards Codification ("ASC") 326 - Financial Instruments - Credit Losses . We adopted this accounting standard on the first day of our 2020 fiscal year, using a modified-retrospective approach. As a result, the consolidated financial statements for 2020 are presented under the new standard, while the comparative prior year period is not adjusted, and continues to be reported in accordance with our historical accounting policy. Trade Receivables Trade receivables as of January 1, 2021 were $359.0 million, net of an allowance of $28.5 million. Our allowance for trade receivables consists of two components: a $15.1 million allowance for credit losses and a $13.4 million allowance for customer claims, which are accounted for under the scope of ASC 606 - Revenue Recognition . As a result of our robust credit monitoring practices, the industry in which we operate, and the nature of our customer base, the credit losses associated with our trade receivables have historically been insignificant in comparison to our annual net sales. We measure the allowance for credit losses on trade receivables based on the geographic region or country to which the receivables relate. Receivables that do not share similar risk characteristics are evaluated for collectibility on an individual basis. Our historical credit loss experience provides the basis for our estimation of expected credit losses. We generally use a three-year average of annual loss rates as a starting point for our estimation, and make adjustments to the historical loss rates to account for differences in current conditions impacting the collectibility of our receivable pools. We generally monitor macroeconomic indicators to assess whether adjustments are necessary to reflect current conditions. The table below presents a rollforward of our trade receivables allowance for credit losses for fiscal 2020. Year ended Trade Receivables January 1, 2021 Allowance for Credit Losses Balance, beginning of period (1) $ 8.9 Provision for uncollectible amounts 3.9 Deductions to allowance related to write-offs — Recoveries of amounts previously written off — Reclassifications (2) 2.3 Balance, end of period $ 15.1 6. Allowance for Credit Losses (Continued) (1) Beginning balance includes $1.0 million increase reflecting the impact of our adoption of ASC 326 on the first day of fiscal 2020. See Note 2. " Summary of Significant Accounting Policies " for additional information. (2) $2.3 million reclassification from the long-term allowance for credit losses, presented in other non-current assets on our Consolidated Balance Sheets, to short-term during fiscal 2020. Amount remaining in the long-term allowance for credit losses related to customer receivables as of the year ended January 1, 2021 is not material to our Consolidated Financial Statements. Financing Receivables Financing receivables are included in other accounts receivable, net on our Consolidated Balance Sheet and are recognized at amortized cost less an allowance for estimated credit losses. Financing receivables include 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 four years. We measure the allowance for credits losses on advances to suppliers and growers on a collective (pool) basis when similar risk characteristics exist. We generally pool our advances based on the country which they relate to, and further disaggregate them based on their current or past-due status. We generally consider an advance to a grower to be past due when the advance is not fully paid within the respective growing season. The allowance for advances to growers and suppliers that do not share similar risk characteristics are determined on a case-by-case basis, depending on the expected production for the season and other contributing factors. The advances are typically collateralized by property liens and pledges of the respective season's produce. Occasionally, we agree to a payment plan with certain growers or take steps to recover the advance via established collateral. We may write-off uncollectible financing receivables after our collection efforts are exhausted. Historically, our credit losses associated with advances to suppliers and growers have not been significant. Our historical credit loss experience provides the basis for our estimation of expected credit losses. We generally use a three-year average of annual loss rates as the starting point for our estimation, and make adjustments to the historical loss rate to account for differences in current or expected future conditions. We generally monitor macroeconomic indicators as well as other factors, including unfavorable weather conditions and crop diseases, which may impact the collectibility of the advances when assessing whether adjustments to the historical loss rate are necessary. The following table details the advances to growers and suppliers based on their credit risk profile (U.S. dollars in millions): January 01, 2021 December 27, 2019 Current Past-Due Current Past-Due Gross advances to growers and suppliers $ 34.3 $ 4.0 $ 33.8 $ 8.3 6. Allowance for Credit Losses (Continued) The allowance for advances to growers and suppliers and the related financing receivables for the years ended January 1, 2021 and December 27, 2019 were as follows (U.S. dollars in millions): Year ended January 01, 2021 December 27, 2019 Allowance for advances to growers and suppliers: Balance, beginning of period (1) $ 2.3 $ 2.8 Provision for uncollectible amounts — — Deductions to allowance related to write-offs (0.2) (0.7) Balance, end of period $ 2.1 $ 2.1 (1) Beginning balance includes $0.2 million increase reflecting the impact of our adoption of ASC 326 on the first day of fiscal 2020. See Note 2. " Summary of Significant Accounting Policies " for additional information.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	12 Months Ended
	Jan. 01, 2021
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	Accounts Payable and Accrued Expenses Accounts payable and accrued expenses consisted of the following (U.S. dollars in millions): January 1, December 27, 2019 Trade payables $ 266.5 $ 284.9 Accrued fruit purchases 45.7 51.1 Ship and port operating expenses 13.0 17.0 Warehouse and distribution costs 28.9 23.7 Payroll and employee benefits 74.9 70.9 Accrued promotions 25.6 21.2 Other accrued expenses 57.2 53.4 Accounts payable and accrued expenses $ 511.8 $ 522.2

Income Taxes

Income Taxes	12 Months Ended
	Jan. 01, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The provision for income taxes consisted of the following (U.S. dollars in millions): Year ended January 1, 2021 December 27, 2019 December 28, 2018 Current: U.S. federal income tax $ (10.6) $ 2.1 $ (0.4) State 0.5 1.9 0.1 Non-U.S. 15.6 12.2 12.8 5.5 16.2 12.5 Deferred: U.S. federal income tax 2.8 3.0 2.1 State 3.3 1.1 1.3 Non-U.S. (6.6) 1.1 0.2 (0.5) 5.2 3.6 $ 5.0 $ 21.4 $ 16.1 Income (loss) before income taxes consisted of the following (U.S. dollars in millions): Year ended January 1, 2021 December 27, 2019 December 28, U.S. $ 1.0 $ 32.0 $ 11.9 Non-U.S. 50.3 58.7 (11.7) $ 51.3 $ 90.7 $ 0.2 8. Income Taxes (continued) The differences between the reported provision for income taxes and income taxes computed at the U.S. statutory federal income tax rate are explained in the following reconciliation (U.S. dollars in millions): Year ended January 1, 2021 December 27, 2019 December 28, 2018 Income tax provision (benefit) computed at the U.S. statutory federal rate $ 10.8 $ 19.1 $ — Effect of tax rates on non-U.S. operations (54.6) (47.4) (33.2) Provision for uncertain tax positions 0.6 0.8 — Non-deductible interest 2.5 1.9 2.3 Foreign exchange (10.1) (3.7) (11.5) Non-deductible intercompany charges — 0.1 (0.1) Non-deductible differences 1.6 1.8 0.6 Non-taxable income/loss 0.1 (2.5) (1.5) Non-deductible impairment charges 0.2 0.4 3.6 Adjustment to deferred balances 0.5 — 0.4 Other 3.1 2.4 2.2 Other taxes in lieu of income 3.8 2.9 2.4 Change in deferred rate (10.1) 7.4 (1.3) Benefit from net operating loss carryback provision (C.A.R.E.S. Act) (4.6) — — Increase (decrease) in valuation allowance (1) 61.2 38.2 52.2 Provision for income taxes $ 5.0 $ 21.4 $ 16.1 _____________ (1) The increase in valuation allowance includes effects of foreign exchange and adjustments to deferred tax balances which were fully offset by valuation allowance. 8. Income Taxes (continued) Deferred income tax assets and liabilities consisted of the following (U.S. dollars in millions): January 1, December 27, Deferred tax liabilities: 2021 2019 Allowances and other accrued liabilities $ (3.7) $ (1.5) Inventories (13.7) (16.3) Property, plant and equipment (75.1) (70.6) Equity in earnings of unconsolidated companies (0.1) (0.1) Pension obligations (3.6) (3.1) Other noncurrent deferred tax liabilities (16.4) (12.3) ROU Assets (27.8) (25.6) Total noncurrent deferred tax liabilities $ (140.4) $ (129.5) Deferred tax assets: Allowances and other accrued assets $ 11.6 $ 13.5 Inventories 6.2 5.5 Pension obligations 28.5 27.7 Property, plant and equipment 2.1 2.1 Post-retirement benefits other than pension 1.1 1.0 Net operating loss carryforwards 363.7 318.0 Capital loss carryover 1.8 1.5 Other noncurrent assets 44.0 28.5 Operating lease 28.7 25.8 Total noncurrent deferred tax assets 487.7 423.6 Valuation allowance (370.7) (323.3) Total deferred tax assets, net $ 117.0 $ 100.3 Net deferred tax liabilities $ (23.4) $ (29.2) The valuation allowance increased by $47.4 million in 2020 and by $31.6 million in 2019. The increase in 2020 and 2019 relates primarily to valuation allowance on additional net operating loss carryforwards offset by the effect of a change in judgment about our ability to realize deferred tax assets in future years, due to our current and foreseeable operations. At January 1, 2021, undistributed earnings of our foreign subsidiaries amounted to $1,576.0 million. Those earnings are considered to be either indefinitely reinvested, or the earnings could be distributed tax free. Accordingly, no taxes have been provided thereon. To the extent the earnings are considered indefinitely reinvested, determination of the amount of unrecognized deferred tax liability is not practicable due to the complexities associated with its hypothetical calculation. 8. Income Taxes (continued) At January 1, 2021, we had approximately $1,389.4 million of federal and foreign tax operating loss carryforwards expiring as follows (U.S. dollars in millions): Expires: 2021 $ 21.7 2022 26.7 2023 16.5 2024 4.4 2025 and beyond 22.8 No expiration 1,297.3 $ 1,389.4 A reconciliation of the beginning and ending amount of uncertain tax positions excluding interest and penalties is as follows (U.S. dollars in millions): January 1, 2021 December 27, 2019 December 28, 2018 Beginning balance $ 3.5 $ 2.9 $ 3.2 Gross decreases - tax position in prior period (0.1) — — Gross increases - current-period tax positions 0.2 0.7 0.1 Settlements — (0.1) — Lapse of statute of limitations — — (0.3) Foreign exchange (0.1) — (0.1) Ending balance $ 3.5 $ 3.5 $ 2.9 We accrued $5.5 million in 2020 and $5.0 million in 2019, for uncertain tax positions, including interest and penalties that, if recognized would affect the effective income tax rate. The tax years 2012-2020 remain subject to examination by taxing authorities throughout the world in major jurisdictions, such as Costa Rica, Luxembourg, Switzerland and the United States. We classify interest and penalties on uncertain tax positions as a component of income tax expense in the Consolidated Statements of Operations. Accrued interest and penalties related to uncertain tax positions are $1.9 million and $1.4 million for January 1, 2021 and December 27, 2019, respectively and are included in other noncurrent liabilities. 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 $145.5 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. On September 10, 2020, we were notified that we lost our final appeal at the Administrative level in one of the foreign jurisdictions under audit for the years 2012-2015 and likewise on December 21, 2020 for the audit year 2016. For 2012-2015, we have filed a request for an injunction in the judicial courts which would defer payment, if any, until the end of the judicial process. We intend to follow the same procedure for 2016. Additionally, we also plan to file an administrative injunction with the Tax Administration. In parallel with the administrative procedure, we filed an appeal in judicial court on April 30, 2020. We strongly believe we will prevail at the judicial level. If not, we will appeal to the Supreme Court. We will continue to vigorously contest the adjustments and expect to exhaust all administrative and judicial remedies necessary in both jurisdictions to resolve the matters, which could be a lengthy process. 8. Income Taxes (continued) 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.

Leases

Leases	12 Months Ended
	Jan. 01, 2021
Leases [Abstract]
Leases	9. 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. 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 operating and finance leases. We evaluate our leases at inception or at any subsequent modification and classify them as either finance or operating leases. For leases with terms greater than 12 months, we recognize a related right-of-use asset and lease liability on the lease commencement date, calculated as the present value of lease payments over the lease term. Right-of-use assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Certain leases include one or more options to renew or options to terminate, which are generally at our discretion. Any option or renewal periods that we determine are reasonably certain of being exercised are included in the lease term, and are used in calculating the right-of-use asset and lease liability. Many of our leases also include predetermined fixed escalation clauses. We recognize rental expense for operating leases on a straight-line basis over the expected term of the lease. Our lease agreements do not contain any residual value guarantees. We do not separate lease and non-lease components of contracts. 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. Our operating lease arrangements include leases of agricultural land and certain property, plant, and equipment, including office facilities and refrigerated containers. We also enter into ship charter agreements for the transport of our fresh produce to markets worldwide. The remaining terms for ship charter agreements range between four 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. During the fourth quarter of 2020, we entered into a transaction to sell a Middle East production facility and related assets for a total purchase price of $15.4 million. This transaction resulted in a gain on sale of property, plant, and equipment, net of $5.6 million which is reflected in our consolidated statement of operations for fiscal 2020. Contemporaneously with the closing of the sale, we entered into an operating lease agreement in which we leased back approximately 40% of the facility for a term of six years. The lease agreement also includes options to renew for additional six-year terms at our discretion. 9. Leases (continued) Lease Position The following table presents the lease-related assets and liabilities recorded on our Consolidated Balance Sheets as of January 1, 2021 and December 27, 2019 (U.S. dollars in millions): Classification on the Balance Sheet January 1, 2021 December 27, 2019 Assets Operating lease assets Operating lease right-of-use assets $ 170.5 $ 162.1 Finance lease assets Property, plant and equipment, net 0.6 1.3 Total lease assets $ 171.1 $ 163.4 Liabilities Current Operating Current maturities of operating leases $ 28.8 $ 32.5 Finance Current maturities of debt and finance leases 0.2 0.3 Noncurrent Operating Operating leases, less current maturities 114.4 102.7 Finance Long-term debt and finance leases, less current maturities 0.1 0.2 Total lease liabilities $ 143.5 $ 135.7 Weighted-average remaining lease term: Operating leases 6.8 years 8.4 years Finance leases 2.1 years 1.9 years Weighted-average discount rate: Operating leases (1) 6.03 % 8.31 % Finance leases 3.84 % 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 years ended January 1, 2021 and December 27, 2019 (U.S. dollars in millions): January 1, December 27, Finance lease cost Amortization of lease assets $ — $ 0.1 Operating lease cost 69.4 92.5 Short-term lease cost 10.2 7.5 Variable lease cost 7.4 6.1 Total lease cost $ 87.0 $ 106.2 Total expense for all operating leases and ship charter agreements, including leases with initial terms of less than one year, amounted to $79.6 million for 2020, $100.0 million for 2019 and $84.3 million for 2018. 9. Leases (continued) Other Information The following table presents supplemental cash flow information related to the leases for fiscal 2020 (U.S. dollars in millions): January 1, December 27, Cash paid for amounts included in the measurement of lease liabilities Operating cash flows for operating leases $ 56.3 $ 82.1 Financing cash flows for finance leases 0.3 0.5 Right-of-use assets obtained in exchange for new operating lease liabilities 50.7 40.0 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 January 1, 2021 (U.S. dollars in millions): Operating Leases Finance Leases 2021 $ 36.7 $ 0.2 2022 29.1 0.1 2023 26.4 — 2024 22.8 — 2025 18.6 — Thereafter 71.4 — Total lease payments 205.0 0.3 Less: imputed interest 61.8 — Total lease liabilities $ 143.2 $ 0.3

Debt

Debt	12 Months Ended
	Jan. 01, 2021
Debt Disclosure [Abstract]
Debt	Debt 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 "Prior 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 Prior Credit Facility bear interest at a spread over LIBOR that varies with our leverage ratio. The Prior Credit Facility also includes a swing line facility, and a letter of credit facility. On February 27, 2018, we exercised an option to increase the total commitments under the Prior Credit Facility from $800 million to $1.1 billion. On September 27, 2018, we amended certain covenant ratios of our Prior Credit Facility. On October 1, 2019, we entered into a Second Amended and Restated Credit Agreement (as amended, the “Second A&R Credit Agreement”) with Bank of America, N.A. as administrative agent and BofA Securities, Inc. as sole lead arranger and sole bookrunner and certain other lenders. The Second A&R Credit Agreement provides for a five-year, $1.1 billion syndicated senior unsecured revolving credit facility maturing on October 1, 2024 (the “Revolving Credit Facility”), which replaces our Prior Credit Facility entered into on April 16, 2015, which was scheduled to expire on April 15, 2020. As a result, we reclassified our current maturing debt to long-term. Certain of our direct and indirect subsidiaries have guaranteed the obligations under the Second A&R Credit Agreement. 10. Debt (continued) Amounts borrowed under the Revolving Credit Facility accrue interest, at our election, at either (i) the Eurocurrency Rate (as defined in the Second A&R Credit Agreement) plus a margin that ranges from 1.0% to 1.5% or (ii) the Base Rate (as defined in the Second A&R Credit Agreement) plus a margin that ranges from 0% to 0.500%, in each case based on our Consolidated Leverage Ratio (as defined in the Second A&R Credit Agreement). The Second A&R Credit Agreement revised the interest rate grid to provide for five pricing levels for interest rate margins, as compared to three pricing levels in the prior credit facility. The Second A&R Credit Agreement provides for an accordion feature that permits us, without the consent of the other lenders, to request that one or more lenders provide us with increases in revolving credit facility or term loans up to an aggregate of $300 million (“Incremental Increases”). The aggregate amount of Incremental Increases can be further increased to the extent that after giving effect to the proposed increase in revolving credit facility commitments or term loans our Consolidated Leverage Ratio, on a pro forma basis, would not exceed 2.5 to 1. Our ability to request such increases in the revolving credit facility or term loans is subject to our compliance with customary conditions set forth in the Second A&R Credit Agreement including compliance, on a pro forma basis, with the financial covenants and ratios set forth therein. Upon our request, each lender may decide, in its sole discretion, whether to increase all or a portion of its revolving credit facility commitment or provide term loans. The Second A&R Credit Agreement provides covenants substantially the same as those contained in the prior credit agreement, except that (1) the restricted payments covenant has been revised to permit us to declare or pay cash dividends in any fiscal year up to an amount that does not exceed the greater of (i) an amount equal to the greater of (A) 50% of the Consolidated Net Income (as defined in the Second A&R Credit Agreement) for the immediately preceding fiscal year or (B) $25 million or (ii) the greatest amount which would not cause the Consolidated Leverage Ratio (determined on a pro forma basis) to exceed 3.25 to 1.00 and (2) the restricted payments covenant has been revised to provide an allowance for stock repurchases to be an amount not exceeding the greater of (i) $150 million in the aggregate or (ii) the amount that, after giving pro forma effect thereto and any related borrowings, will not cause the Consolidated Leverage Ratio to exceed 3.25 to 1.00. All other material terms of the prior credit agreement remain unchanged. Debt issuance costs of $1.8 million are included in other noncurrent assets on our Consolidated Balance Sheets as of the year ended January 1, 2021. We have a renewable 364-day, $25 million commercial and stand-by letter of credit facility with Rabobank Nederland. The following is a summary of the material terms of the Revolving Credit Facility and other working capital facilities at January 1, 2021 (U.S. dollars in millions): Term Maturity Interest Rate Borrowing Available Bank of America credit facility 5.0 years October 1, 2024 1.59% $ 1,100.0 $ 558.3 Rabobank letter of credit facility 364 days June 16, 2021 Varies 25.0 14.7 Other working capital facilities Varies Varies Varies 20.2 9.8 $ 1,145.2 $ 582.8 The current margin for LIBOR advances is 1.375%. We intend to use funds borrowed under the Revolving 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. The Second A&R Credit Agreement 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 January 1, 2021, we were in compliance with all of the covenants contained in the Second A&R Credit Agreement. The Revolving Credit Facility is unsecured and is guaranteed by certain of our subsidiaries. The Revolving 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. 10. Debt (continued) As of January 1, 2021, we applied $10.3 million to letters of credit under the Rabobank Nederland and Bank of America revolving 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 $18.4 million in other letter of credit and bank guarantees not included in the Rabobank letter of credit or Bank of America revolving credit facilities. During 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 Revolving Credit Facility. Refer to Note 16, “ Derivatives ”. Maturities of long-term debt obligations during the next five years are as follows (U.S. dollars in millions): Fiscal Years Long-Term 2021 $ 10.8 2022 15.2 2023 17.1 2024 565.1 2025 — 608.2 Less: Amounts representing interest (1) (66.5) 541.7 Less: Current portion $ — Totals, net of current portion of long-term debt and finance lease obligations $ 541.7 (1) We utilize a variable interest rate on our long-term debt, and for presentation purposes we have used an assumed average rate of 2.2%. Cash payments of interest on long-term debt, net of amounts capitalized, were $20.6 million for 2020, $23.2 million for 2019 and $19.3 million for 2018. Capitalized interest expense was $2.3 million for 2020 and $5.3 million for 2019 and $1 million for 2018.

Earnings (Loss) Per Ordinary Sh

Earnings (Loss) Per Ordinary Share	12 Months Ended
	Jan. 01, 2021
Earnings Per Share [Abstract]
Earnings (Loss) Income Per Ordinary Share	Earnings (Loss) Per Ordinary Share Basic net income per share is computed using the weighted average number of common shares outstanding for the period. Basic and diluted net income (loss) per ordinary share is calculated as follows (U.S. dollars in millions, except share and per share data): Year ended January 1, 2021 December 27, 2019 December 28, 2018 Numerator: Net income (loss) attributable to Fresh Del Monte Produce Inc. $ 49.2 $ 66.5 $ (21.9) Denominator: Weighted average number of ordinary shares - Basic 47,569,794 48,291,345 48,625,175 Effect of dilutive securities - share-based awards 90,806 102,768 — Weighted average number of ordinary shares - Diluted 47,660,600 48,394,113 48,625,175 Antidilutive awards (1) 55,153 124,448 851,645 Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc.: Basic $ 1.03 $ 1.38 $ (0.45) Diluted $ 1.03 $ 1.37 $ (0.45) (1) Awards of certain unvested shares and options are not included in the calculation of diluted weighted average shares outstanding because their effect would have been anti-dilutive.

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	12 Months Ended
	Jan. 01, 2021
Equity [Abstract]
Accumulated Other Comprehensive (Loss) Income	Accumulated Other Comprehensive Loss The following table includes the changes in accumulated other comprehensive loss by component for the years ended January 1, 2021 and December 27, 2019 (U.S. dollars in millions): Changes in Accumulated Other Comprehensive Loss by Component (1) Changes in Fair Value of 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) income before reclassifications (12.5) (3) (0.9) (2) (3.7) (17.1) Amounts reclassified from accumulated other comprehensive loss (7.2) — 0.5 (6.7) Net current period other comprehensive (loss) income (19.7) (0.9) (3.2) (23.8) Balance at December 27, 2019 $ (25.5) $ (15.8) $ (24.1) $ (65.4) Other comprehensive (loss) income before reclassifications (41.4) (3) 12.5 (2) (1.4) (30.3) Amounts reclassified from accumulated other comprehensive loss 17.3 (4) — 1.4 18.7 Net current period other comprehensive (loss) income (24.1) 12.5 — (11.6) Balance at January 1, 2021 $ (49.6) $ (3.3) $ (24.1) $ (77.0) (1) All amounts are net of tax and noncontrolling interests. (2) Includes a gain of $6.0 million for fiscal 2020 and a loss of $1.2 million for the year ended December 27, 2019 related to intra-entity foreign currency transactions that are of a long-term-investment nature. (3) Includes a tax effect of $2.7 million and $2.9 million for the for the years ended January 1, 2021 and December 27, 2019, respectively. Additionally, includes the bunker fuel swap contracts entered into in the first quarter of 2020. Refer to Note 16, " Derivative Financial Instruments ", for further information on our derivatives. (4) Includes amounts reclassified for both designated and dedesignated cash flow hedges. Refer to the following table for the amounts of each. 12. Accumulated Other Comprehensive Loss (continued) The following table includes details about amounts reclassified from accumulated other comprehensive loss by component for the years ended January 1, 2021 and December 27, 2019 (U.S. dollars in millions): January 1, 2021 December 27, 2019 Details about accumulated other comprehensive loss components Amount reclassified from accumulated other comprehensive loss Amount reclassified from accumulated other comprehensive loss Affected line item in the statement where net income is presented Changes in fair value of cash flow hedges: Designated as hedging instruments: Foreign currency cash flow hedges $ 7.0 $ (8.1) Net sales Foreign currency cash flow hedges 0.3 (1.5) Cost of products sold Bunker fuel swaps 0.6 — Cost of products sold Interest rate swaps 9.0 2.4 Interest expense Bunker fuel swaps no longer designated as hedging instruments 0.2 — Cost of products sold Bunker fuel swaps no longer designated as hedging instruments 0.2 — Other expense (income), net Total $ 17.3 $ (7.2) Amortization of retirement benefits: Actuarial losses 1.4 0.5 Other expense (income), net Total $ 1.4 $ 0.5

Retirement and Other Employee B

Retirement and Other Employee Benefits	12 Months Ended
	Jan. 01, 2021
Retirement Benefits [Abstract]
Retirement and Other Employee Benefits	Retirement and Other Employee Benefits We sponsor a number of defined benefit pension plans and post-retirement plans. The most significant of these plans cover employees in the United States, United Kingdom, Costa Rica and Guatemala. The benefit obligation is the projected benefit obligation for defined benefit pension plans and the accumulated post-retirement benefit obligation for post-retirement benefit plans other than pensions. U.S. Defined Benefit Pension Plan We sponsor a defined benefit pension plan, which covers a portion of our U.S.-based employees under a collective bargaining agreement. As a result of the accelerated closing of our Hawaii facility announced in 2006, the ILWU Local 42 collective bargaining agreement was not re-negotiated and expired in 2009 and as such the U.S.-based defined benefit pension plan has ceased accruing benefits. Our funding policy for this plan is to contribute amounts sufficient to meet the minimum funding requirements of the Employee Retirement Income Security Act of 1974, as amended, or such additional amounts as determined appropriate to assure that the assets of the plan would be adequate to provide benefits. Substantially all of the plan’s assets are invested in mutual funds. United Kingdom Defined Benefit Pension Plan We sponsor a defined benefit pension plan, which covers a portion of our employees in the United Kingdom (the “U.K. plan”). The U.K. plan provides benefits based on the employees’ years of service and qualifying compensation and has ceased accruing benefits. Benefit payments are based on a final pay calculation as of November 30, 2005 and are adjusted for inflation annually. Our funding policy for the U.K. plan is to contribute amounts into the plan in accordance with a recovery plan agreed by the Trustees and us in order to meet the statutory funding objectives of occupational trust-based arrangements of the United Kingdom or such additional amounts as determined appropriate to assure that assets of the U.K. plan are adequate to provide benefits. Substantially all of the U.K. plan’s assets are primarily invested in fixed income and equity funds. Central American Plans We provide retirement benefits to a portion of our employees of certain Costa Rican and Guatemalan subsidiaries (“Central American plans”). Generally, benefits under these programs are based on an employee’s length of service and level of compensation. These programs are commonly referred to as termination indemnities, which provide retirement benefits in accordance with regulations mandated by the respective governments. Funding generally occurs when employees cease active service. 13. Retirement and Other Employee Benefits (continued) The following table sets forth a reconciliation of benefit obligations, plan assets and funded status for our defined benefit pension plans and post-retirement plans as of January 1, 2021 and December 27, 2019, which are also their measurement dates (U.S. dollars in millions): Pension plans (1) Post-retirement plans January 1, 2021 December 27, January 1, 2021 December 27, 2019 U.S. U.K. U.S. U.K. Central America Central America Change in Benefit Obligation: Beginning benefit obligation $ 16.0 $ 58.9 $ 15.2 $ 58.4 $ 71.1 $ 61.2 Service cost — — — — 6.3 5.4 Interest cost 0.5 1.1 0.6 1.4 4.2 4.7 Actuarial loss (gain) 1.2 8.6 1.5 3.6 (4.7) 6.6 Benefits paid (1.3) (1.8) (1.3) (1.9) (6.9) (8.1) Exchange rate changes (2) — 2.1 — 1.8 (2.0) 1.3 Settlement gain — — — (4.4) — — Plan amendment — 0.1 — — — — Ending benefit obligation 16.4 69.0 16.0 58.9 68.0 71.1 Change in Plan Assets: Beginning fair value 13.0 58.0 11.9 52.3 — — Actual return on plan assets 1.4 7.0 2.2 8.4 — — Company contributions 0.6 1.8 0.2 1.8 6.9 8.1 Effect of settlements — — — (4.4) — — Benefits paid (1.3) (1.8) (1.3) (1.9) (6.9) (8.1) Exchange rate changes (2) — 2.1 — 1.8 — — Ending fair value 13.7 67.1 13.0 58.0 — — Amounts recognized in the Consolidated Balance Sheets: Accounts payable and accrued expenses (current liability) — — — — 8.3 8.2 Retirement benefits liability (noncurrent liability) 2.7 1.8 3.0 0.9 59.7 62.9 Net amount recognized in the Consolidated Balance Sheets $ 2.7 $ 1.8 $ 3.0 $ 0.9 $ 68.0 $ 71.1 Amounts recognized in Accumulated other comprehensive loss: (3) Net actuarial loss (9.6) (7.4) (9.3) (4.6) (7.5) (13.1) Net amount recognized in accumulated other comprehensive loss $ (9.6) $ (7.4) $ (9.3) $ (4.6) $ (7.5) $ (13.1) (1) The accumulated benefit obligation is the same as the projected benefit obligation. (2) The exchange rate difference included in the reconciliation of the change in benefit obligation and the change in plan assets above results from currency fluctuations of the U.S. dollar relative to the British pound for the U.K. plan and the U.S. dollar versus Central American currencies such as the Costa Rican colon and Guatemalan quetzal for the Central American plans as of January 1, 2021 and December 27, 2019, when compared to the previous year. (3) We had accumulated other comprehensive income of $5.2 million as of January 1, 2021 and $5.9 million as of December 27, 2019 related to the tax effect of unamortized pension gains. 13. Retirement and Other Employee Benefits (continued) Actuarial losses (gains) for fiscal 2020 associated with our U.S., U.K. and Central America plans were primarily due to movements in the respective discount rates for each plan as a result of changes in underlying market conditions. The following table provides a rollforward of the accumulated other comprehensive (loss) income ("AOCI") balances (U.S. dollars in millions): Pension plans Post-retirement plans Year ended Year ended January 1, 2021 December 27, January 1, December 27, Reconciliation of AOCI U.S. U.K. U.S. U.K. Central America Central America AOCI (loss) at beginning of plan year $ (9.3) $ (4.6) $ (9.4) $ (7.7) $ (13.1) $ (6.4) Amortization of net losses recognized during the year 0.5 0.1 0.4 0.1 0.7 0.1 Net (losses) gains occurring during the year (0.8) (2.9) (0.3) 3.0 4.7 (6.6) Currency exchange rate changes — — — — 0.2 (0.2) AOCI (loss) at end of plan year $ (9.6) $ (7.4) $ (9.3) $ (4.6) $ (7.5) $ (13.1) The following table sets forth the net periodic pension cost of our defined benefit pension and post-retirement benefit plans (U.S. dollars in millions): Pension plans Post-retirement plans Year ended Year ended January 1, 2021 December 27, 2019 December 28, 2018 January 1, 2021 December 27, 2019 December 28, 2018 U.S. U.K. U.S. U.K. U.S. U.K. Central Central America Central Service cost $ — $ — $ — $ — $ — $ — $ 6.3 $ 5.4 $ 5.9 Interest cost 0.5 1.1 0.6 1.4 0.5 1.5 4.2 4.7 4.0 Expected return on assets (1.0) (1.5) (1.0) (2.0) (1.0) (2.5) — — — Net amortization 0.5 0.1 0.4 0.1 0.4 (0.4) 0.7 0.1 0.8 Settlement loss — — — 0.4 — — — — — Net periodic cost (income) $ — $ (0.3) $ — $ (0.1) $ (0.1) $ (1.4) $ 11.2 $ 10.2 $ 10.7 The expected return on assets is calculated using the fair value of plan assets for both the U.S. and U.K. plans. Service costs are presented in the same line item in the Consolidated Statements of Operations as other compensation costs arising from services rendered by the employees during the period. With the exception of service cost, the other components of net periodic benefit costs (which include interest costs, expected return on assets, amortization of net actuarial losses) are recorded in the Consolidated Statements of Operations in other expense (income), net. 13. Retirement and Other Employee Benefits (continued) Actuarial Assumptions The assumptions used in the calculation of the benefit obligations of our U.S. and U.K. defined benefit pension plans and Central American plans consisted of the following: January 1, 2021 December 27, 2019 December 28, 2018 Pension plans Post- Pension plans Post- Pension plans Post- U.S. U.K. Central U.S. U.K. Central U.S. U.K. Central Weighted average discount rate 2.15 % 1.40 % 7.98 % 3.00 % 2.00 % 6.27 % 4.10 % 2.80 % 8.06 % Rate of increase in compensation levels — — 4.74 % — — 4.71 % — — 4.75 % The assumptions used in the calculation of the net periodic pension costs for our U.S. and U.K. defined benefit pension plans and Central American plans consisted of the following: January 1, 2021 December 27, 2019 December 28, 2018 Pension plans Post- Pension plans Post- Pension plans Post- U.S. U.K. Central U.S. U.K. Central U.S. U.K. Central America Weighted average discount rate 3.00 % 2.00 % 6.27 % 4.10 % 2.80 % 8.12 % 3.45 % 2.45 % 6.51 % Rate of increase in compensation levels — — 4.74 % — — 4.71 % — — 4.75 % Expected long-term rate of return on assets 7.50 % 2.58 % — 7.50 % 4.22 % — 7.50 % 4.22 % — 13. Retirement and Other Employee Benefits (continued) Cash Flows Pension plans Post-retirement U.S. U.K. Central America Expected benefit payments for: 2021 $ 1.2 $ 1.9 $ 8.3 2022 1.2 2.0 6.4 2023 1.1 2.1 6.4 2024 1.1 2.4 7.3 2025 1.1 2.3 7.1 Next 5 years 4.7 13.2 29.3 Expected benefit payments over the next 10 years $ 10.4 $ 23.9 $ 64.8 For 2021, expected contributions are $0.3 million for the U.S. pension plans and $1.8 million for the U.K. pensions plans. Contributions for the U.S. and U.K. pension plans are actuarially determined based on funding regulations. U.S. Defined Benefit Pension Plan Plan Assets Our overall investment strategy is to achieve a mix of between 50%-70% equity securities for long-term growth and 30%-50% fixed income securities for near-term benefit payments. Asset allocation targets promote optimal expected return and volatility characteristics given the long-term time horizon for fulfilling the obligations of the pension plans. Selection of the targeted asset allocation for U.S. plan assets was based upon a review of the expected return and risk characteristics of each asset class, as well as the correlation of returns among asset classes. The fair values of our U.S. plan assets by asset category are as follows as of the year ended January 1, 2021: Fair Value Measurements at Quoted Prices in Significant Significant Asset Category Total (Level 1) (Level 2) (Level 3) Mutual Funds: Fixed income securities $ 5.2 $ 5.2 $ — $ — Value securities 2.8 2.8 — — Growth securities 5.7 5.7 — — Total $ 13.7 $ 13.7 $ — $ — 13. Retirement and Other Employee Benefits (continued) The fair values of our U.S. plan assets by asset category are as follows as of the year ended December 27, 2019: Fair Value Measurements at Quoted Prices in Significant Significant Asset Category Total (Level 1) (Level 2) (Level 3) Mutual Funds: Fixed income securities $ 5.6 $ 5.6 $ — $ — Value securities 2.9 2.9 — — Growth securities 4.5 4.5 — — Total $ 13.0 $ 13.0 $ — $ — Mutual Funds – This category includes investments in mutual funds that encompass both equity and fixed income securities that are designed to provide a diverse portfolio. The plan’s mutual funds are designed to track exchange indices, and invest in diverse industries. Some mutual funds are classified as regulated investment companies. Investment managers have the ability to shift investments from value to growth strategies, from small to large capitalization funds, and from U.S. to international investments. These investments are valued at the closing price reported on the active market on which the individual securities are traded. These investments are classified within Level 1 of the fair value hierarchy. Investment managers agree to operate the plan's investments within certain criteria that determine eligible and ineligible securities, diversification requirements and credit quality standards, where applicable. Unless exceptions have been approved or are part of a permitted mutual fund strategy, investment managers are prohibited from buying or selling commodities, futures or option contracts, as well as from short selling of securities. Furthermore, investment managers agree to obtain written approval for deviations from stated investment style or guidelines. We considered historical returns and the future expectations for returns for each asset class as well as the target asset allocation of plan assets to develop the expected long-term rate of return on assets assumption. The expected long-term rate of return assumption for U.S. plan assets is based upon the target asset allocation and is determined using forward-looking assumptions in the context of historical returns and volatilities for each asset class, as well as correlations among asset classes. We evaluate the rate of return assumption on an annual basis. 13. Retirement and Other Employee Benefits (continued) United Kingdom Defined Benefit Pension Plan Plan Assets The fair values of our U.K. plan assets by asset category are as follows as of the years ended January 1, 2021 and December 27, 2020: Fair Value Measurements at Asset Category Total Fair Quoted Prices Significant Observable Significant Unobservable Cash $ 0.4 $ 0.4 $ — $ — Equity securities: Diversified growth funds 18.1 — 18.1 — Other international companies 10.0 — 10.0 — Fixed income securities: United Kingdom government bonds 14.0 — 14.0 — Liability-driven investments 24.6 — 24.6 — Total $ 67.1 $ 0.4 $ 66.7 $ — Fair Value Measurements at Asset Category Total Fair Quoted Prices Significant Observable Significant Unobservable Cash $ 0.5 $ 0.5 $ — $ — Equity securities: Diversified growth funds 16.7 — 16.7 — Other international companies 9.2 — 9.2 — Fixed income securities: United Kingdom government bonds 13.0 — 13.0 — Liability-driven investments 18.6 — 18.6 — Total $ 58.0 $ 0.5 $ 57.5 $ — Equity securities – This category includes pooled investments in global equities, emerging market equities and diversified growth funds. The investments are spread across a range of diverse industries including financials, information technology, consumer discretionary and consumer staples. The diversified growth funds seek to provide a long-term equity-like return, with a managed level of volatility. The diversified growth funds invest across a wide range of asset classes, both traditional and alternative. Units of the pooled investment accounts are not traded on an exchange or in an active market; however, valuation is based on the underlying investments of the units and are classified as Level 2 inputs within the fair value hierarchy. 13. Retirement and Other Employee Benefits (continued) Fixed income securities – This category includes pooled investments in multi-asset credit and liability-driven investments. These investments are valued at the closing price reported on the active market on which the individual securities are traded. Units of the pooled investment accounts are not traded on an exchange or in an active market; however, valuation is based on the underlying investments of the units and are classified as Level 2 inputs within the fair value hierarchy. The expected long-term rate of return assumption for U.K. plan assets is adjusted based on asset allocation and is determined by reference to U.K. long dated government bond yields. According to the plan’s investment policy, approximately 27% of the U.K. plan’s assets are invested in diversified growth funds, and 15% in global equities. Approximately 36% are invested in liability-driven investments and 21% of the U.K. plan’s assets are invested in U.K. government bonds. Fund managers have no discretion to make asset allocation decisions with the exception of the diversified growth fund. The trustees try to rebalance any discrepancies through selective allocations of future contributions. Performance benchmarks for each asset class are based on various indices. Investment performance is reviewed quarterly. Plan Settlement During 2019, the U.K. Plan undertook an Enhanced Transfer Value ("ETV") exercise where it paid $4.2 million (including $3.8 million of transfer values and $0.4 million of enhancements) to members electing to transfer out of the plan. We recorded $4.2 million in reduction to our projected benefit obligations, with a corresponding decrease in accumulated other comprehensive income. The UK Plan recognized $0.4 million in net periodic pension costs related to the ETV in the year ended December 27, 2019. Plan Amendment During 2018, The English High Court ruling in Lloyds Banking Group Pension Trustees Limited v. Lloyds Bank plc and others, held that UK pension schemes with Guaranteed Minimum Pensions (“GMP”) accrued from May 17, 1990, must equalize for different effects on GMP between male and female plan participants. Accordingly, the GMP equalization was treated as a plan amendment and included in our actuarial valuation. The GMP equalization impact for the UK pension plan was an increase of approximately $1.4 million to our projected benefit obligations, with a corresponding increase in accumulated other comprehensive income. The amount recognized under accumulated other comprehensive income will be amortized as prior service cost over the average life expectancy of the plan’s participants. Other Employee Benefits We also sponsor a defined contribution plan established pursuant to Section 401(k) of the Internal Revenue Code. Subject to certain dollar limits, employees may contribute a percentage of their salaries to the plan, and we will match a portion of each employee’s contribution. This plan is in effect for U.S.-based employees only. The expense pertaining to this plan was $1.4 million for 2020, $1.3 million for 2019 and $1.1 million for 2018. On August 31, 1997, one of our subsidiaries ceased accruing benefits under its salary continuation plan covering certain of our Central American management personnel. At January 1, 2021 we had $3.3 million accrued for this plan, including $0.4 million in accumulated other comprehensive income (loss) related to unamortized pension gains. At December 27, 2019 we had $3.7 million accrued for this plan, including $0.5 million in accumulated other comprehensive loss related to unamortized pension gains. There were no net periodic pension costs for fiscal 2020 or for the year ended December 27, 2019 and $0.1 million for the year ended December 28, 2018. Expected benefit payments under the plan for 2021 through 2025 total $2.6 million. For 2026 through 2030 the expected benefit payments under the plan total $0.8 million. We sponsor a service gratuity plan covering certain of our Kenyan personnel. At January 1, 2021 we had $8.2 million accrued for this plan, including a $2.1 million in accumulated other comprehensive loss related to unamortized pension losses. At December 27, 2019 we had $8.6 million accrued for this plan, including a $2.6 million in accumulated other comprehensive loss related to unamortized pension losses. Net periodic pension costs were $1.5 million for fiscal 2020, $1.3 million for the year ended December 27, 2019 and $1.2 million for the year ended December 28, 2018. 13. Retirement and Other Employee Benefits (continued) Expected benefit payments under the plan from 2021 through 2025 total $4.5 million. Benefit payments under the plan from 2026 through 2030 are expected to total $4.6 million. We provide retirement benefits to certain employees who are not U.S.-based. Generally, benefits under these programs are based on an employee’s length of service and level of compensation. Included in retirement benefits on our consolidated balance sheets is $22.2 million at January 1, 2021 and $18.0 million at December 27, 2019 related to these programs. The unamortized pension losses related to other non-U.S.-based plans included in accumulated other comprehensive loss, a component of shareholders’ equity was $2.5 million for the year ending January 1, 2021 and $1.3 million for the year ending December 27, 2019. We also offer certain post-employment benefits to former executives and have $2.3 million at January 1, 2021 and $2.3 million at December 27, 2019 in retirement benefits on our consolidated balance sheets related to these benefits.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Jan. 01, 2021
Share-based Payment Arrangement, Noncash Expense [Abstract]
Share-Based Compensation	Share-Based Compensation We maintain various compensation plans for officers, other employees, and non-employee members of our Board of Directors. On April 30, 2014, our shareholders approved and ratified the 2014 Omnibus Share Incentive Plan (the “2014 Plan”). The 2014 Plan allows us to grant equity-based compensation awards, including stock options, restricted stock awards, restricted stock units and performance stock units. Under the 2014 Plan, the Board of Directors is authorized to award up to 3,000,000 ordinary shares. The 2014 Plan replaced and superseded the 2011 Omnibus Share Incentive Plan (the "2011 Plan"), and the 2010 Non-Employee Directors Equity Plan, collectively referred to as Prior Plans. Share-based compensation expense included in selling, general and administrative expenses related to stock options, restricted stock awards ("RSAs"), restricted stock units ("RSUs") and performance stock units ("PSUs") is included in the accompanying Consolidated Statements of Operations as follows (U.S. dollars in millions): Year ended Types of Awards January 1, 2021 December 27, 2019 December 28, 2018 Stock options $ — $ — $ 0.1 RSUs/PSUs 7.2 7.4 10.3 RSAs 0.3 1.0 1.1 Total $ 7.5 $ 8.4 $ 11.5 There were no proceeds received from the exercise of stock options for 2020, $1.1 million for 2019 and $0.8 million for 2018. Restricted Stock Awards (RSA) A share of “restricted stock” is one of our ordinary shares that has restrictions on transferability until certain vesting conditions are met. For RSAs under the 2014 Plan and Prior Plans, 50% of each award of our restricted stock vested on the date it was granted. The remaining 50% of each award vests upon the 6 months anniversary of the date on which the recipient ceases to serve as a member of our Board of Directors. Restricted stock awards 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 accounting guidance. Accordingly, we recognize compensation cost immediately for restricted stock awards granted to non-management members of the Board of Directors. Subsequent to fiscal 2020, members of our Board of Directors will no longer receive RSAs and will instead receive RSUs. The following table lists the RSAs for the years ended January 1, 2021, December 27, 2019, and December 28, 2018: Date of Award Shares of Price Per Share Awards for the year ended 2020: April 10, 2020 235 $ 32.00 January 2, 2020 7,374 34.42 Awards for the year ended 2019: May 1, 2019 2,830 29.44 January 2, 2019 30,891 28.32 Awards for the year ended 2018: August 2, 2018 1,687 49.38 January 2, 2018 21,304 46.93 14. Share-Based Compensation (continued) Restricted Stock Units (RSU)/Performance Stock Units (PSU) 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 our 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 PSU will vest in three four RSUs/PSUs do not have the voting rights of ordinary shares, and the shares underlying the RSUs/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. The fair market value for RSUs/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/PSUs awarded under the 2014 Plan and Prior Plans for the years ended January 1, 2021, December 27, 2019, and December 28, 2018: Date of Award Type of Award Units Awarded Price Per Share Awards for the year ended 2020: December 1, 2020 RSU 10,000 $ 25.16 April 28, 2020 RSU 21,348 35.13 March 30, 2020 RSU 2,500 29.61 March 23, 2020 RSU 2,500 33.53 March 2, 2020 PSU 86,954 28.74 March 2, 2020 RSU 161,093 28.74 Awards for the year ended 2019: July 31, 2019 PSU 4,250 30.33 March 25, 2019 RSU 5,000 26.55 February 20, 2019 PSU 85,000 27.71 February 20, 2019 RSU 133,750 27.71 Awards for the year ended 2018: June 25, 2018 RSU 2,000 44.78 February 21, 2018 RSU 125,000 46.35 February 21, 2018 PSU 85,000 46.35 RSUs/PSUs are eligible to earn Dividends 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/PSUs and are forfeitable. 14. Share-Based Compensation (continued) The following table summarizes RSUs/PSUs activity for the years ended January 1, 2021, December 27, 2019, December 28, 2018: Number of Weighted RSUs/PSUs outstanding at December 29, 2017 761,152 $ 41.13 Granted 138,531 46.10 Vested (279,440) 41.31 Canceled (17,948) 50.40 RSUs/PSUs outstanding at December 28, 2018 602,295 42.39 Granted 230,037 27.83 Vested (384,717) 37.65 Canceled (33,008) 42.93 RSUs/PSUs outstanding at December 27, 2019 414,607 38.09 Granted 290,253 29.22 Vested (167,888) 40.54 Canceled (51,399) 32.70 RSUs/PSUs outstanding at January 1, 2021 485,573 $ 32.55 Vested at December 28, 2018 249,767 $ 31.28 Vested at December 27, 2019 52,903 $ 32.65 Vested at January 1, 2021 87,809 $ 37.33 As of January 1, 2021, the total remaining unrecognized compensation cost related to non-vested RSUs/PSUs is $7.1 million, which will be amortized over the weighted-average remaining requisite service period of 1.9 years.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jan. 01, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments We have agreements to purchase the entire or partial production of certain products of our independent growers primarily in Guatemala, Costa Rica, Philippines, Ecuador, Chile, and Colombia that meet our quality standards. Total purchases under these agreements amounted to $744.9 million for 2020, $691.8 million for 2019 and $763.9 million for 2018. 15. Commitments and Contingencies (continued) In addition, during 2017 and 2018, we entered into a definitive agreement for the building of six new refrigerated container ships. We received four of the ships during, and one ship subsequent to, fiscal 2020. We expect the final ship to be delivered during our 2021 fiscal year. The agreement requires a remaining payment of approximately $41.3 million in 2021. Refer to Note 9. " Leases ", for further a discussion on lease commitments. Voluntary Product Recall During the fourth quarter of 2019, our Mann Packing business voluntarily recalled a series of vegetable products sold to select customers in the United States and Canada primarily in our fresh and value-added products segment. The voluntary recall had a negative effect on net sales, primarily of fresh-cut vegetables, and also resulted in approximately $6.0 million of customer claims and customer-related charges and $4.4 million in inventory write-offs during the fourth quarter of 2019. During fiscal 2020, we recognized a $15.0 million insurance recovery associated with the voluntary product recall, presented in asset impairments and other charges (credits), net in our Consolidated Statement of Operations. 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”). In 2005, our subsidiary signed a Consent Decree ("Consent Decree") with the Environmental Protection Agency ("EPA") for the performance of the clean-up work for the Kunia Well Site. Based on findings from remedial investigations, our subsidiary continues to evaluate with the EPA the clean-up work currently in progress in accordance with the Consent Decree. The estimates associated with the clean-up costs are between $13.0 million and $28.7 million. The estimate on which our accrual is based, totals $13.0 million. As of January 1, 2021, $12.7 million was included in other noncurrent liabilities and $0.3 million was included in accounts payable and accrued expenses in the Consolidated Balance Sheets for the Kunia Well Site clean-up. We expect to expend approximately $0.4 million in 2021, $1.1 million in 2022 and $0.9 million in each of the years 2023, 2024 and 2025. California Air Resource Board On June 8, 2018, the California Air Resource Board (“CARB”) issued a Notice of Violation (“NOV”) to the Company regarding violations of certain California anti-air pollution regulations by ships that were subject to a time charter by the Company from Star Reefers Pool, Inc. (“Star”), an unrelated non-U.S. third party. In accordance with the terms of the time charter, Star was contractually required to maintain compliance with the CARB requirements, Star’s personnel managed the relevant vessels, Star supplied the crew and Star maintained at all times possession and control of their ships. Pursuant to the terms of the charter agreement, the Company had the temporary right to have its goods loaded and conveyed and made available at the relevant California berth equipment necessary for Star’s compliance with the CARB regulations. Since receiving the NOV, the Company sought to enforce its contractual rights to have Star engage with CARB regarding potential liability and resolve any open violations. The Company ultimately terminated its commercial relationship with Star. While a formal complaint by CARB had not been filed, several tolling agreements had been executed and the Company discussed a settlement of the allegations with CARB directly as liability under the regulations is considered joint and several. The Company fully cooperated with and assisted CARB in its audits for alleged violations over 2015-2019. On August 2, 2020, after having gone back and forth with respect to the merits raised in its settlement discussions, the Company, without any admission of liability, accepted CARB’s counter-proposal and agreed to pay a civil penalty of $1.0 million and to fund a Supplemental Environmental Project (SEP) entitled Marine Vessel Speed Reduction Incentive Program Phase 2 in the amount of $1.0 million, for a total settlement of $2.0 million. This settlement charge is reflected in asset impairment and other charges, net in our Consolidated Statement of Operations for fiscal 2020. 15. Commitments and Contingencies (continued) 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 $16.0 million, net of $1.0 million related to other miscellaneous expenses and is included in other expense (income), net on our Consolidated Statements of Operations. 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.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Jan. 01, 2021
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, variable interest rates and bunker fuel prices. We 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. Fluctuations in the value of the derivative instruments are generally offset by changes in the cash flows of the underlying exposures being hedged. A cash flow hedge requires that the change in the fair value of a derivative instrument be recognized in other comprehensive income (loss), 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. 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 a net liability position above a certain threshold. The aggregate fair value of all derivative instruments with a credit-risk-related contingent feature that are in a liability position on January 1, 2021 is $59.6 million. As of January 1, 2021, no triggering event has occurred and thus we are not required to post collateral. 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. As of January 1, 2021, our foreign currency hedges were entered into for the purpose of hedging portions of our 2021 and 2022 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. 16. Derivative Financial Instruments (continued) We had the following outstanding foreign currency forward contracts as of January 1, 2021 (U.S. dollars in millions): Foreign Currency Contracts Qualifying as Cash Flow Hedges: Notional Amount British pound GBP 18.4 Chilean peso CLP 34,789.6 Euro EUR 123.1 Japanese yen JPY 7,608.2 Costa Rican colon CRC 20,512.8 Korean won KRW 50,862.5 Kenyan shilling KES 3,522.4 Bunker Fuel Hedges We are exposed to fluctuations in bunker fuel prices on our results of operations and financial condition, and we mitigate that exposure by entering into bunker fuel swap agreements which permit us to lock in bunker fuel prices. During fiscal 2020, one of our subsidiaries entered into bunker fuel swap agreements in order to hedge portions of our fuel expenses incurred by our owned and chartered vessels throughout 2020 and 2021. We designated our bunker fuel swap agreements as cash flow hedges. We had the following outstanding bunker fuel swap contracts as of January 1, 2021: Bunker Fuel Swap Contracts: Notional Amount 0.5% U.S. Gulf Coast (1) 33,815 barrels 3% U.S. Gulf Coast (1) 41,605 metric tons 0.5% Singapore 28,412 metric tons (1) During fiscal 2020, we dedesignated portions of our bunker fuel cash flow hedges due to decreases in our forecasted fuel consumption for certain fuel types which was partially driven by the delay of the receipt of three of our six new refrigerated container vessels due to the COVID-19 pandemic. The outstanding notional amounts which were dedesignated consist of 22,715 barrels of fuel related to our 0.5% U.S. Gulf Coast contracts and 20,963 metric tons of fuel related to our 3% U.S. Gulf Coast contracts. When hedges are dedesignated, any changes in fair value of the associated derivatives since the date of dedesignation are recognized in other expense (income), net. Additionally, in the case that the hedged forecasted fuel consumption is not probable of occurring in the originally specified time period or within the following two months, the related accumulated other comprehensive gain or loss associated with the hedge is reclassified to other expense (income), net immediately. We recorded a gain of $2.6 million during fiscal 2020 related to our dedesignated cash flow hedges in other expense (income), net. 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 (loss) and will be subsequently reclassified into earnings as the interest expense on debt is recognized in earnings. At January 1, 2021, the notional value of interest rate contracts outstanding was $400 million, $200 million maturing in 2024 and the remaining $200 million maturing in 2028. Refer to Note 10, “ Debt. ” 16. Derivative Financial Instruments (continued) The following table reflects the fair values of derivative instruments, which are designated as level 2 in the fair value hierarchy, as of January 1, 2021 and December 27, 2019 (U.S. dollars in millions): Derivatives Designated as Hedging Instruments (1) Foreign exchange contracts Bunker fuel swaps Interest rate swaps Total Balance Sheet Location: January 1, 2021 December 27, 2019 January 1, 2021 December 27, 2019 January 1, 2021 December 27, 2019 January 1, 2021 December 27, 2019 Asset derivatives: Prepaid expenses and other current assets $ 1.3 $ 1.7 $ 1.6 $ — $ — $ — $ 2.9 $ 1.7 Other noncurrent assets 0.3 — — — — — 0.3 — Total asset derivatives $ 1.6 $ 1.7 $ 1.6 $ — $ — $ — $ 3.2 $ 1.7 Liability derivatives: Accounts payable and accrued expenses $ 8.5 $ 0.7 $ 0.2 $ — $ — $ — $ 8.7 $ 0.7 Other noncurrent liabilities — — — — 50.6 30.3 50.6 30.3 Total liability derivatives $ 8.5 $ 0.7 $ 0.2 $ — $ 50.6 $ 30.3 $ 59.3 $ 31.0 (1) See Note 17, " Fair Value Measurements, " for fair value disclosures. At January 1, 2021, $1.3 million is included in prepaid expenses and other current assets and $0.3 million is included in accounts payable and accrued expenses for the portions of our bunker fuel swap contracts which are no longer designated as hedging instruments. We expect that $15.9 million of the net fair value of designated and dedesignated hedges recognized as a net loss in accumulated other comprehensive income ("AOCI") will be transferred to earnings during the next 12 months, and the remaining net loss of $40.0 million in AOCI over a period of 8 years, along with the earnings effect of the related forecasted transactions. The following table reflects the effect of derivative instruments on the Consolidated Statements of Operations for the years ended January 1, 2021 and December 27, 2019 (U.S. dollars in millions): Derivatives in Cash Flow Amount of (Loss) Gain Recognized in Other Location of (Loss) Gain Reclassified Amount of (Loss) Gain Reclassified from Year ended Year ended January 1, 2021 December 27, 2019 January 1, 2021 December 27, 2019 Foreign exchange contracts $ (6.9) $ (0.1) Net sales $ (7.0) $ 8.1 Foreign exchange contracts (1.0) 0.2 Cost of products sold (0.3) 1.5 Bunker fuel swaps 1.7 — Cost of products sold (0.8) — Interest rate swaps, net of tax (17.9) (19.8) Interest expense (9.0) (2.4) Total $ (24.1) $ (19.7) $ (17.1) $ 7.2

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Jan. 01, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair Value of Financial Instruments Our derivative assets or liabilities include foreign exchange, bunker fuel and interest rate derivatives that are measured at fair value using observable market inputs such as forward rates, interest rates, our own credit risk as well as an evaluation of our counterparties’ credit risks. We use an income approach to value our outstanding foreign currency, interest rate and bunker fuel hedges, which consists of a discounted cash flow model that takes into account the present value of future cash flows under the terms of the contracts using current market information as of the measurement date such as foreign currency and bunker fuel spot rates, forward rates and interest rates. Additionally, we include an element of default risk based on observable inputs into the fair value calculation. Based on these inputs, the derivative assets or liabilities are classified within Level 2 of the valuation hierarchy. The following table provides a summary of the fair values of our derivative financial instruments 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 (liability) asset Bunker fuel contracts, net asset (1) Interest rate contracts, net liability January 1, December 27, January 1, December 27, January 1, December 27, Quoted prices in active markets for identical assets (Level 1) $ — $ — $ — $ — $ — $ — Significant other observable inputs (Level 2) (6.9) 1.0 2.4 — (50.6) (30.3) Significant unobservable inputs (Level 3) — — — — — — (1) Includes both designated and dedesignated cash flow hedges. Refer to Note 16, “ Derivative Financial Instruments ”, for the balances of each. Refer to Note 13, “ Retirement and Other Employee Benefits ” for further fair value disclosures related to pension assets. 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. 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. ” 17. Fair Value Measurements (continued) Fair Value of Non-Financial Assets During fiscal 2020, we performed a comprehensive review of our asset portfolio aimed at identifying non-strategic assets to dispose of while driving further efficiencies in our operations. As a result, we identified certain property, plant, and equipment across various of our regions which we intend to sell over the next 12 months and which met the held for sale criteria as of January 1, 2021. These assets primarily relate to our fresh and value-added products segment. Included in the $18.0 million of assets held for sale as of January 1, 2021 were the following: $0.4 million consists of facilities and related assets in the Middle East, $6.3 million is related to vacant land located in the Kingdom of Saudi Arabia and Mexico, $4.7 million consists of an office, farm land and associated assets in Chile, $5.8 million consists of farm land and associated assets in Asia and Central America, and the remaining $0.8 million relates to a refrigerated vessel. These assets are recognized at the lower of cost or fair value less cost to sell. During 2020, we received proceeds of $34.8 million from the sale of assets previously held for sale including surplus land in Chile, facilities and related assets in the Middle East and the United States, and a refrigerated vessel. We recorded a gain on disposal of property, plant and equipment, net of $22.7 million. Subsequent to fiscal 2020 and in connection with our ongoing asset optimization efforts, we finalized a transaction to sell a refrigerated vessel reflected in assets held for sale for a total purchase price of $3.4 million. We received cash proceeds of $3.4 million associated with the sale during fiscal 2020, which is reflected as a liability within accounts payable and accrued expenses in our Consolidated Balance Sheet. We recorded asset impairment and other charges during the years ended January 1, 2021 and December 27, 2019, that do not fall under the scope of fair value measurement. Refer to Note 3, " Asset Impairment and Other Charges, Net ". As of January 1, 2021, we recognized $5.2 million in asset impairment and other charges, net which primarily related to property and related equipment in North America, Europe and the Middle East. We estimated the fair value of these assets primarily using the market approach. The fair value of these assets are classified as Level 3 due to the mix of unobservable inputs utilized. During 2019, we recorded a $2.9 million impairment related to an equity investment. The fair value of this asset is 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 investment.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jan. 01, 2021
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions There were no receivables from related parties in 2020 and in 2019 there were $0.1 million. Payables to related parties were $21.9 million in 2020 and $47.4 million in 2019, of which one Mann Packing grower had $21.1 million in accounts payable in 2020 and $46.9 million in 2019. Other purchases from related parties were $130.3 million in 2020 compared to $158.4 million in 2019 and $133.5 million in 2018, of which $125.0 million for 2020, $150.9 million for 2019 and $124.6 million for 2018 were related to one Mann Packing grower. Related party leases include a building and land in North America. The expenses incurred were $1.4 million for 2020 and $1.3 million for 2019. The right-of-use asset and liabilities was $7.5 million in 2020 and $8.3 million in 2019, which primarily relates to one Mann Packing grower. Sales to related parties amounted to $0.1 million in 2020 and $0.7 million in 2019. Cash distributions to noncontrolling interests were $6.9 million in 2020 and $4.8 million in 2019. We have reflected the cash in distributions to noncontrolling interests under financing activities in our Consolidated Statements of Cash Flows. We have $8.5 million as of January 1, 2021 and $10.5 million as of December 27, 2019 in other noncurrent liabilities in our Consolidated Balance Sheets related to one of our noncontrolling interests.

Unaudited Quarterly Financial I

Unaudited Quarterly Financial Information	12 Months Ended
	Jan. 01, 2021
Quarterly Financial Data [Abstract]
Unaudited Quarterly Financial Information	Unaudited Quarterly Financial Information Our fiscal quarter-ends correspond to the last Friday of the 13-week period, beginning the day following our fiscal year end. The following summarizes certain quarterly operating data (U.S. dollars in millions, except per share data): Quarter ended March 27, 2020 June 26, 2020 September 25, 2020 January 1, 2021 Net sales $ 1,118.0 $ 1,092.3 $ 989.7 $ 1,002.3 Gross profit 68.5 78.7 67.3 36.4 Net income (loss) 13.0 18.1 16.2 (1.0) Net income attributable to Fresh Del Monte 13.0 17.9 17.4 0.9 Net income per ordinary share attributable to (1) $ 0.27 $ 0.38 $ 0.37 $ 0.02 Net income per ordinary share attributable to (1) $ 0.27 $ 0.38 $ 0.37 $ 0.02 Dividends declared per ordinary share $ 0.10 $ 0.05 $ 0.05 $ 0.10 March 29, 2019 June 28, 2019 September 27, 2019 December 27, 2019 (2) Net sales $ 1,154.2 $ 1,239.4 $ 1,070.2 $ 1,025.2 Gross profit (3) 95.1 97.6 76.2 37.5 Net income (loss) 37.2 39.0 18.2 (25.1) Net income (loss) attributable to Fresh Del Monte 36.1 38.1 18.1 (25.8) Net income (loss) per ordinary share attributable to (1) $ 0.74 $ 0.79 $ 0.38 $ (0.54) Net income (loss) per ordinary share attributable to (1) $ 0.74 $ 0.78 $ 0.38 $ (0.54) Dividends declared per ordinary share $ — $ — $ 0.06 $ 0.08 (1) Basic and diluted earnings per share for each of the quarters presented above is based on the respective weighted average number of shares for the quarters. The sum of the quarters may not necessarily be equal to the full year basic and diluted earnings per share amounts due to rounding. (2) Diluted earnings per share for the quarter ended December 27, 2019 excludes the impact of antidilutive share-based payment awards for 235,106 ordinary shares, as they were antidilutive. (3) Gross profit for the year ended December 27, 2019 has been adjusted for a reclassification to correct the presentation of payroll and payroll-related costs associated with our sales personnel from cost of products sold to selling, general, and administrative expenses. For the year ended December 27, 2019, the adjustment results in an increase to gross profit of $5.8 million.

Business Segment Data

Business Segment Data	12 Months Ended
	Jan. 01, 2021
Segment Reporting [Abstract]
Business Segment Data	Business Segment Data We are principally engaged in the production, distribution and marketing of fresh and value-added products and bananas. Our products are sold in markets throughout the world and our major producing operations are located in North, Central and South America, Europe, Asia and Africa. Following our acquisition of Mann Packing in 2018 and the realignment of our business strategy to increase focus on our fresh and value-added products business as well as our core banana business, we changed our reportable segments in fiscal 2019 to better reflect the way we manage our operations. Our business is comprised of three reportable segments, two of which represent our primary businesses of fresh and value-added products and banana, and one that represents our other ancillary businesses. Prior period amounts were adjusted retrospectively to reflect the changes in our segment data. • Fresh and value-added products - includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries and kiwis), other fruit and vegetables, avocados, and prepared foods (including prepared fruit and vegetables, juices, other beverages, and meals and snacks). • Banana • Other products and services - includes our ancillary businesses consisting of sales of poultry and meat products, a plastic product business, and third-party freight services. We evaluate performance based on several factors, of which net sales and gross profit are the primary financial measures (U.S. dollars in millions): Year ended January 1, 2021 December 27, 2019 December 28, 2018 Net Sales Gross Profit Net Sales Gross Profit Net Sales Gross Profit Fresh and value-added products $ 2,484.1 $ 158.4 $ 2,704.4 $ 193.2 $ 2,654.7 $ 187.3 Banana 1,602.6 84.3 1,656.0 104.4 1,703.1 92.9 Other products and services 115.6 8.2 128.6 8.8 136.1 5.7 Totals $ 4,202.3 $ 250.9 $ 4,489.0 $ 306.4 $ 4,493.9 $ 285.9 Our segment data disclosures for the years ended December 27, 2019 and December 28, 2018 have been adjusted to reflect a reclassification of cost of products sold between our banana and fresh and value-added products segments as the result of a refinement in our overhead cost allocation methodology. For the year ended December 27, 2019, the reclassification results in an increase to our banana segment gross profit and corresponding decrease to our fresh and value-added products segment gross profit of $5.6 million. For the year ended December 28, 2018, the reclassification results in an increase to our banana segment gross profit and corresponding decrease to our fresh and value-added products segment gross profit of $7.3 million. Our segment data disclosures for the years ended December 27, 2019 and December 28, 2018 also reflect the impact of a reclassification adjustment to correct the presentation of payroll and payroll-related costs associated with our sales personnel from cost of products sold to selling, general, and administrative expenses. For the year ended December 27, 2019, the adjustment results in an increase to our banana segment gross profit of $1.6 million, and an increase of $4.2 million to our fresh and value-added products segment gross profit. For the year ended December 28, 2018, the adjustment results in an increase to our banana segment gross profit of $1.5 million, and an increase of $4.6 million to our fresh and value-added products segment gross profit. 20. Business Segment Data (continued) The following table indicates our net sales by product (U.S. dollars in millions) and, in each case, the percentage of the total represented thereby: Year ended January 1, 2021 December 27, 2019 December 28, 2018 Segments: Fresh and value-added products: Fresh-cut fruit $ 469.0 11 % $ 524.4 12 % $ 507.5 11 % Fresh-cut vegetables 383.8 9 % 455.9 10 % 419.8 10 % Pineapples 458.9 11 % 454.8 10 % 487.9 11 % Avocados 332.0 8 % 380.7 9 % 329.2 8 % Non-tropical fruit 210.6 5 % 195.9 4 % 226.7 5 % Prepared food 264.3 6 % 279.6 6 % 267.1 6 % Melons 75.5 2 % 92.4 2 % 107.8 2 % Tomatoes 40.5 1 % 52.3 1 % 62.5 1 % Vegetables 155.6 4 % 176.6 4 % 150.8 3 % Other fruit and vegetables 93.9 2 % 91.8 2 % 95.4 2 % Total fresh and value-added products 2,484.1 59 % 2,704.4 60 % 2,654.7 59 % Banana 1,602.6 38 % 1,656.0 37 % 1,703.1 38 % Other products and services 115.6 3 % 128.6 3 % 136.1 3 % Total $ 4,202.3 100 % $ 4,489.0 100 % $ 4,493.9 100 % The following tables indicate our (i) net sales by geographic region, (ii) property, plant, and equipment, net by location and (iii) total assets by location (U.S. dollars in millions): Year ended Net sales by geographic region: January 1, 2021 December 27, 2019 December 28, North America $ 2,601.7 $ 2,923.8 $ 2,871.3 Europe 648.6 645.2 653.7 Asia 466.1 453.0 465.7 Middle East 432.9 425.8 445.6 Other 53.0 41.2 57.6 Total net sales $ 4,202.3 $ 4,489.0 $ 4,493.9 20. Business Segment Data (continued) Property, plant and equipment, net: January 1, 2021 December 27, 2019 North America $ 226.5 $ 238.7 Europe 37.4 35.2 Middle East 108.4 130.9 Africa 40.3 44.6 Asia 124.3 130.9 Central America 648.3 664.7 South America 76.0 84.8 Maritime equipment (including containers) 152.4 66.2 Corporate 6.7 7.2 Total property, plant and equipment, net $ 1,420.3 $ 1,403.2 Total assets: January 1, 2021 December 27, 2019 North America $ 889.3 $ 925.3 Europe 310.5 279.9 Middle East 270.6 301.4 Africa 143.0 174.9 Asia 270.4 268.0 Central America 1,049.9 1,066.5 South America 149.7 159.9 Maritime equipment (including containers) 163.9 78.0 Corporate 96.0 96.0 Total assets $ 3,343.3 $ 3,349.9 North America accounted for approximately 62% of our net sales for 2020, 65% for 2019 and 64% in 2018. Our earnings are heavily dependent on operations located worldwide; however, our net sales are not dependent on any particular country other than the United States, with no other country accounting for greater than 10% of our net sales for 2020, 2019 and 2018. These operations are a significant factor in the economies of some of the countries in which we operate and are subject to the risks that are inherent in operating in such countries, including government regulations, currency and ownership restrictions and risk of expropriation. Management reviews assets on the basis of geographic region and not by reportable segment, which more closely aligns our capital investment with demand for our products. Costa Rica is our most significant sourcing location, representing approximately 33% of our property, plant and equipment as of January 1, 2021. Excluding the U.S., no other country other than Costa Rica accounted for greater than 10% of our property, plant and equipment as of the years ended January 1, 2021 and December 27, 2019. Walmart accounted for 9% of our net sales in 2020, 9% of net sales in 2019 and 10% in 2018. These sales are reported in the banana and fresh and value-added segments. In 2020, our top 10 customers accounted for approximately 33% of net sales as compared with 30% during 2019 and 32% for 2018. Total assets by geographic area represent those assets used in the operations of each geographic area. Corporate assets consist of building, leasehold improvements and furniture and fixtures.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Jan. 01, 2021
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders’ Equity Our shareholders authorized 50,000,000 preferred shares at $0.01 par value, of which none are issued or outstanding, and 200,000,000 ordinary shares of common stock at $0.01 par value, of which 47,372,419 are issued and outstanding at January 1, 2021. 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 repurchased $58.3 million of ordinary shares, or 2,294,829 ordinary shares, under the aforementioned repurchase program and retired all the repurchased shares. As of January 1, 2021, we have a maximum dollar value of $241.7 million that we can purchase under the approved stock repurchase program. The following represents a summary of repurchase activity during years ended January 1, 2021 and December 27, 2019 (U.S. dollars in millions, except share and per share data): Year ended January 1, 2021 December 27, 2019 Shares USD Average price per share Shares USD Average price per share Year ended: 841,235 $ 20.8 $ 24.71 723,062 $ 17.8 $ 24.68 The below is a summary of the dividends paid per share for the years ended January 1, 2021 and December 27, 2019. These dividends were declared and paid within the same fiscal quarter. Year ended January 1, 2021 December 27, 2019 Dividend Payment Date Cash Dividend per Ordinary Share Dividend Payment Date Cash Dividend per Ordinary Share December 4, 2020 $ 0.10 December 6, 2019 $ 0.08 September 4, 2020 0.05 September 6, 2019 0.06 June 5, 2020 0.05 March 27, 2020 0.10 We paid $14.3 million in dividends during fiscal 2020 and $6.7 million during the year ended December 27, 2019. Subsequent to fiscal 2020, there were no ordinary share repurchases. In addition, on February 23, 2021, our Board of Directors declared a cash dividend of ten cents $0.10 per share, payable on April 2, 2021 to shareholders of record on March 10, 2021.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Jan. 01, 2021
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	Schedule II - Valuation and Qualifying Accounts Fresh Del Monte Produce Inc. and Subsidiaries (U.S. dollars in millions) Additions Description Balance at Charged to Charged to Deductions Balance at Year ended January 1, 2021 Deducted from asset accounts: Valuation accounts: Trade accounts receivable (1) $ 20.6 $ 5.6 $ 2.3 $ — $ 28.5 Advances to growers and other receivables (2) 3.6 0.4 — (0.3) 3.7 Deferred tax asset valuation allowance 323.3 54.6 — (7.2) 370.7 Current and noncurrent accrued liabilities: Provision for Kunia Well Site 13.2 (0.2) — — 13.0 Total $ 360.7 $ 60.4 $ 2.3 $ (7.5) $ 415.9 Year ended December 27, 2019 Deducted from asset accounts: Valuation accounts: Trade accounts receivable $ 14.6 $ 5.2 $ — $ (0.2) $ 19.6 Advances to growers and other receivables 7.2 0.1 — (3.9) 3.4 Deferred tax asset valuation allowance 291.8 35.0 1.0 (4.5) 323.3 Current and noncurrent accrued liabilities: Provision for Kunia Well Site 13.5 (0.3) — — 13.2 Total $ 327.1 $ 40.0 $ 1.0 $ (8.6) $ 359.5 Year ended December 28, 2018 Deducted from asset accounts: Valuation accounts: Trade accounts receivable $ 12.9 $ 2.1 $ — $ (0.4) $ 14.6 Advances to growers and other receivables 8.8 0.5 — (2.1) 7.2 Deferred tax asset valuation allowance 257.1 38.6 0.8 (4.7) 291.8 Current and noncurrent accrued liabilities: Provision for Kunia Well Site 13.9 (0.1) (0.3) — 13.5 Total $ 292.7 $ 41.1 $ 0.5 $ (7.2) $ 327.1 (1) Beginning balance for the year ended January 1, 2021 includes $1.0 million increase reflecting the impact of our adoption of ASC 326 on the first day of fiscal 2020. See Note 2. " Summary of Significant Accounting Policies " for additional information. (2) Beginning balance includes $0.2 million increase reflecting the impact of our adoption of ASC 326 on the first day of fiscal 2020. See Note 2. " Summary of Significant Accounting Policies " for additional information.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 01, 2021
Accounting Policies [Abstract]
Cash and Cash Equivalents	Cash and Cash Equivalents We classify as cash equivalents all highly liquid investments with a maturity of three months or less at the time of purchase.
Other Accounts Receivable	Trade Receivables Trade receivables less allowances are recognized on our accompanying Consolidated Balance Sheets at net realizable value, which reflects the net amount expected to be collected from customers. Our allowance for trade receivables consists of two components: a $15.1 million allowance for credit losses and a $13.4 million allowance for customer claims, which are accounted for under the scope of ASC 606 - Revenue Recognition . We estimate expected credit losses on our trade receivables in accordance with Accounting Standards Codification ("ASC") 326 - Financial Instruments - Credit Losses . We adopted this accounting standard on the first day of our 2020 fiscal year, using a modified-retrospective approach. As a result, the consolidated financial statements for 2020 are presented under the new standard, while the comparative prior year period is not adjusted, and continues to be reported in accordance with our historical accounting policy. We perform ongoing credit evaluations of our customers and adjust credit limits based upon payment history and customers’ credit worthiness, as determined by our review of their current credit information. We measure the allowance for credit losses on trade receivables on a collective (pool) basis when similar risk characteristics exist. We generally pool our trade receivables based on geographic region or country to which the receivables relate. Receivables that do not share similar risk characteristics are evaluated for collectibility on an individual basis. Our historical credit loss experience provides the basis for our estimation of expected credit losses. We generally use a three-year average of annual loss rates as a starting point for our estimation, and make adjustments to the historical loss rates to account for differences in current conditions impacting the collectibility of our receivable pools. We generally monitor macroeconomic indicators to assess whether adjustments are necessary to reflect current conditions. Our allowances for identified claims are recorded as a reduction to both trade accounts receivable and net sales. Write-off of accounts receivable is done only when all collection efforts have been exhausted without success. Accounts receivable from one customer represents approximately 12% of trade accounts receivable, net of allowance. This customer is current with its payments. Other Accounts Receivable Other accounts receivable less allowances are recognized on our accompanying Consolidated Balance Sheets at net realizable value, which reflects the net amount expected to be collected. Other accounts receivable includes value-added taxes (“VAT”) 2. Summary of Significant Accounting Policies (continued) receivables, seasonal advances to growers and suppliers, which are usually short-term in nature, and other financing receivables. VAT receivables are primarily related to purchases by production units and are refunded by the taxing authorities. As of January 1, 2021, we had $25.2 million, net of allowance of $0.1 million, classified as current in other accounts receivable and $22.8 million, net of allowance of $5.9 million, classified as other noncurrent assets on our Consolidated Balance Sheets. As of December 27, 2019, we had $28.8 million, net of allowance of $0.1 million, classified as current in other accounts receivable and $22.5 million, net of allowance of $6.5 million, classified as other noncurrent assets in our Consolidated Balance Sheets. Advances to growers and suppliers are generally repaid to us as produce is harvested and sold. We generally require property liens and pledges of the current season’s produce as collateral to support the advances. Refer to Note 6, “ Allowance for Credit Losses ” for further discussion on advances to growers and suppliers. We measure the allowance for credits losses on advances to suppliers and growers on a collective (pool) basis when similar risk characteristics exist. We generally pool our advances based on the country which they relate to, and further disaggregate them based on their current or past-due status. We generally consider an advance to a grower to be past due when the advance is not fully paid within the respective growing season. The allowance for advances to growers and suppliers that do not share similar risk characteristics are determined on a case-by-case basis, depending on the expected production for the season and other contributing factors. The advances are typically collateralized by property liens and pledges of the respective season's produce. Occasionally, we agree to a payment plan with certain growers or take steps to recover the advance via established collateral. We may write-off uncollectible financing receivables after our collection efforts are exhausted. Our historical credit loss experience provides the basis for our estimation of expected credit losses. We generally use a three-year average annual loss rate as the starting point for our estimation, and make adjustments to the historical loss rate to account for differences in current or expected future conditions. We generally monitor macroeconomic indicators as well as other factors, including unfavorable weather conditions and crop diseases, which may impact the collectibility of the advances when assessing whether adjustments to the historical loss rate are necessary. Recoveries of other accounts receivable previously reserved in the allowance are credited to operating income.
Inventories	Inventories Inventories are valued at the lower of cost or net realizable value. Cost is computed using the weighted average cost or first-in first-out methods for finished goods, which includes fresh produce and prepared food and the first-in first-out, actual cost or average cost methods for raw materials and packaging supplies. Raw materials and packaging supplies inventory consists primarily of agricultural supplies, containerboard, packaging materials, spare parts and fuel.
Growing Crops	Expenditures on pineapple, melon, vegetables and non-tropical fruit growing crops are valued at the lower of cost or net realizable value and are deferred and charged to cost of products sold when the related crop is harvested and sold. The deferred growing costs included in inventories in our Consolidated Balance Sheets consist primarily of land preparation, cultivation, irrigation and fertilization costs. Expenditures related to banana crops are expensed in the year incurred due to the continuous nature of the crop.
Accounting for Planned Major Maintenance Activities	Accounting for Planned Major Maintenance Activities We account for planned major maintenance activities, such as ship dry-dock activities, consistent with ASC guidance related to “Other Assets and Deferred Costs.” We utilize the deferral method of accounting for ship dry-dock activities whereby actual costs incurred are deferred and amortized on a straight-line basis over the period until the next scheduled dry-dock activity.
Property, Plant and Equipment and Other Definite-Lived or Long-Lived Assets	Property, Plant and Equipment and Other Long-Lived Assets Property, plant and equipment additions are recorded at cost. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, which range from 10 to 40 years for buildings, five three three five Property, Plant and Equipment ” for further information. When assets are retired or disposed of, the costs and accumulated depreciation or amortization are removed from the respective accounts and any related gain or loss is recognized. Maintenance and repairs are charged to expense as incurred. Significant expenditures, which extend the useful lives of assets, are capitalized. Interest is capitalized as part of the cost of construction.
Impairment or Disposal of Long-Lived Assets	We review long-lived assets (or asset groups) with identifiable cash flows for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. In the event that an asset is not recoverable, and the carrying amount of an asset exceeds the asset’s fair value, we measure and record an impairment loss for the excess. The fair value of an asset is measured by either determining the expected future discounted cash flow of the asset or by independent appraisal. For long-lived assets held for sale, we record impairment losses when the carrying amount is greater than the fair value less the cost to sell. We discontinue depreciation of long-lived assets when these assets are classified as held for sale and include these assets as assets held for sale on our Consolidated Balance Sheets. Our long-lived assets are primarily composed of property, plant and equipment and definite-lived intangible assets. See Note 4, “ Property, Plant and Equipment ” and Note 5, “ Goodwill and Other Intangible Assets. ” We incurred charges related to impairment of long-lived assets of $11.8 million in 2020, $8.1 million in 2019, and $35.1 million in 2018. Such charges are included in asset impairment and other charges, net in the accompanying Consolidated Statements of Operations for the years ended January 1, 2021, December 27, 2019 and December 28, 2018 and as described further in Note 3, “ Asset Impairment and Other Charges, Net. ” The gain on disposal of property, plant and equipment, net during fiscal 2020 of $22.2 million primarily related to the sale of three farms in Chile, a facility in the Middle East, and two facilities in North America, which were accounted for using the guidance in ASC 610.
Goodwill and Indefinite-Lived Intangible Assets	Goodwill and Indefinite-Lived Intangible Assets Goodwill represents the excess of the purchase price of an acquired entity over the fair value of the net tangible and identifiable intangible assets acquired and liabilities assumed in a business combination. We assess goodwill at the reporting unit level on an annual basis as of the first day of our fourth quarter, or more frequently if events or changes in circumstances suggest that goodwill may not be recoverable. A significant amount of judgment is involved in determining if an indicator of impairment has occurred. 2. Summary of Significant Accounting Policies (continued) For those reporting units where events or change in circumstances indicate that potential impairment indicators exist, we perform a quantitative assessment to determine whether the carrying amount of goodwill can be recovered. When performing the annual goodwill impairment test, we may start with an optional qualitative assessment as allowed for under the accounting guidance. As part of the qualitative assessment, we evaluate all events and circumstances, including both positive and negative events, in their totality, to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If we bypass the qualitative assessment, or if the qualitative assessment indicates that a quantitative analysis should be performed, we evaluate goodwill for impairment by comparing the fair value of a reporting unit to its carrying value, including the associated goodwill. We generally estimate a reporting unit’s fair value using a discounted cash flow approach which is dependent on several significant estimates and assumptions related to forecasts of future revenues, cost of sales, expenses and the weighted-average cost of capital for each reporting unit. If the carrying amount of the reporting unit exceeds the estimated fair value, an impairment charge is recorded to reduce the carrying value to the estimated fair value. The impairment of goodwill is limited to the total amount of goodwill allocated to the reporting unit. Any adverse changes in the significant estimates and assumptions used in our goodwill impairment test could have a significant impact on the recoverability of goodwill and could have a material impact on our Consolidated Financial Statements. An intangible asset with an indefinite useful life is not amortized but assessed for impairment annually. We evaluate our indefinite-lived intangible assets for impairment annually, or sooner if indications of possible impairment are identified. When performing the annual impairment test, we first may start with an optional qualitative assessment to determine whether it is not more likely than not that our indefinite-lived intangible assets are impaired. As part of a qualitative assessment, we evaluate relevant events and circumstances that could affect the significant inputs used to determine the fair value of the indefinite-lived intangible asset. If we bypass the qualitative assessment, or if the qualitative assessment indicates that a quantitative analysis should be performed, we evaluate our indefinite-lived intangible assets for impairment by comparing the fair value of the asset to its carrying amount. We generally estimate the fair value of our indefinite-lived intangible assets using a discounted cash flow approach.
Revenue Recognition	Revenue Recognition Revenue is recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration we expect to be entitled to in exchange for those products or services. We record revenue based on a five-step model in accordance with the accounting guidance. For our customer contracts, we identify the performance obligations (products or services), determine the transaction price, allocate the contract transaction price to the performance obligations, and recognize the revenue when the performance obligation is fulfilled, which is when the product is shipped to or received by the customer, depending on the specific terms of the arrangement. Our revenues are recorded at a point in time. Product sales are recorded net of variable consideration, such as provisions for returns, discounts and allowances. Such provisions are calculated using historical averages adjusted for any expected changes due to current business conditions. Consideration given to customers for cooperative advertising is recognized as a reduction of revenue except to the extent that there is a distinct good or service, in which case the expense is classified as selling, general, and administrative expense. Provisions for customer volume rebates are based on achieving a certain level of purchases and other performance criteria that are established on a program by program basis. These rebates are estimated based on the expected amount to be provided to the customers and are recognized as a reduction of revenue. We elected the practical expedient to expense incremental costs of obtaining a contract, if the contract period is for one year or less. These costs are included in selling, general and administrative expenses. Otherwise, incremental contract costs are recognized as an asset on our Consolidated Balance Sheets and amortized over time as promised goods and services are transferred to a customer. We account for shipping and handling costs as costs to fulfill a contract and not as performance obligations to our customers. We also exclude taxes collected from our customers, assessed by government authorities that are both imposed on and concurrent with a specific revenue-producing transaction, from our determination of the transaction price. We utilize a practical expedient and do not adjust the promised amount of consideration for the effects of a significant financing component if the period between the transfer of the promised good or service to a customer and the customer payment is one year or less.
Cost of Products Sold	Cost of Products Sold Cost of products sold is primarily made up of two elements: product costs and logistics costs. Product costs - primarily composed of cultivation (the cost of growing crops), harvesting, packaging, labor, depreciation and farm administration. Product cost for produce obtained from independent growers is composed of procurement and packaging costs. Logistics costs - include land and sea transportation and expenses related to port facilities and distribution centers. Sea transportation cost is the most significant component of logistics costs and is comprised of: • Ship operating expenses - include operations, maintenance, depreciation, insurance, fuel, and port charges. • Chartered ship costs - include the cost of chartering the ships, fuel and port charges. • Container equipment-related costs - include leasing expense and in the case of owned equipment, also depreciation expense.
Advertising and Promotional Costs	Advertising and Promotional Cost s
Income Taxes	Income Taxes Deferred income taxes are recognized for the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts at each year end, based on enacted tax laws and statutory tax rates applicable to the year in which the differences are expected to affect taxable income. Valuation allowances are established when it is deemed more likely than not that some portion or all of the deferred tax assets will not be realized. We account for income tax uncertainties consistent with the ASC guidance included in “ Income Taxes,
Contingencies	Contingencies Estimated losses from contingencies are recognized if it is probable that an asset has been impaired or a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Gain contingencies are not reflected in the financial statements until realized. We use judgment in assessing whether a loss contingency is probable and estimable. Actual results may differ from these estimates.
Currency Translation	Foreign Currency Translations and Transactions For our operations in countries where the functional currency is other than the U.S. dollar, balance sheet amounts are translated using the exchange rate in effect at the balance sheet date. Income statement amounts are translated monthly using the average exchange rate for the respective month. The gains and losses resulting from the changes in exchange rates from year-to-year 2. Summary of Significant Accounting Policies (continued) and the effect of exchange rate changes on intercompany transactions of long-term investment nature are recorded as a component of accumulated other comprehensive income or loss as currency translation adjustments. For our operations where the functional currency is the U.S. dollar, non-monetary balance sheet amounts are translated at historical exchange rates. Other balance sheet amounts are translated at the exchange rates in effect at the balance sheet date. Income statement accounts, excluding those items of income and expenses that relate to non-monetary assets and liabilities, are translated at the average exchange rate for the month. These remeasurement adjustments are included in the determination of net income and are included in other expense (income), net. Other expense (income), net, in the accompanying Consolidated Statements of Operations includes a net foreign exchange loss of $0.8 million for 2020, $8.9 million for 2019, and $10.4 million for 2018. These amounts include the effect of foreign currency remeasurement and realized foreign currency transaction gains and losses.
Other Expense, Net	Other Expense (Income), Net In addition to foreign currency gains and losses described above, other expense (income), net, also includes other non-operating income and expense items.
Leases	Leases We lease property, plant and equipment for use in our operations including agricultural land, office facilities and refrigerated containers. 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, and therefore information for periods prior to fiscal year 2019 is presented in accordance with the previous accounting standard. 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 also have lease agreements with lease and non-lease components, and we have made an accounting policy election to account for these as a single lease component. We evaluate our leases at inception or at any subsequent modification and classify them as either finance or operating leases. For leases with terms greater than 12 months, we recognize a related asset ("right-of-use asset") and obligation ("lease liability") on the lease commencement date, calculated as the present value of lease payments over the lease term. Right-of-use assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Certain leases include one or more options to renew or options to terminate, which are generally at our discretion. Any option or renewal periods that we determine are reasonably certain of being exercised are included in the lease term, and are used in calculating the right-of-use asset and lease liabilities. Many of our leases also include predetermined fixed escalation clauses. We recognize rental expense for operating leases that contain predetermined fixed escalation clauses on a straight-line basis over the expected term of the lease. Our lease agreements do not contain any residual value guarantees. 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.
Fair Value Measurements	Fair Value Measurements Fair value is measured as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In developing its fair value estimates, we use the following hierarchy: • Level 1 - Quoted prices in active markets for identical assets or liabilities. • Level 2 - Observable market-based inputs or unobservable inputs that are corroborated by market data. • Level 3 - Significant unobservable inputs that are not corroborated by market data. Generally, these fair value measures are model-based valuation techniques such as discounted cash flows using our own estimates and assumptions or those expected to be used by market participants.
Share-Based Compensation	Share-Based CompensationCompensation expense for all share-based awards expected to vest is measured at fair value on the date of grant and recognized on a straight-line basis over the related service period, which is generally the vesting period of each award. Our shared-based awards primarily consist of performance stock units and restricted stock units, and are granted to employees and members of our Board of Directors which meet the definition of employees under the accounting guidance. The fair value of our share-based awards is determined based on our stock price on the date of grant.
Derivative Financial Instruments	Derivative Financial Instruments We recognize the value of derivative instruments as either assets or liabilities in the statement of financial position at fair value. The accounting for changes in the fair value (i.e., gains or losses) of a derivative instrument depends on whether it has been designated as a hedge and qualifies as part of a hedging relationship. The accounting also depends on the type of hedging relationship, whether a cash flow hedge, a fair value hedge, or hedge of a net investment in a foreign operation. We use derivative financial instruments primarily to reduce our exposure to adverse fluctuations in foreign exchange rates, variable interest rates and bunker fuel prices. Upon entry into a derivative instrument, we formally designate and document the financial instrument as a hedge of a specific underlying exposure, as well as the risk management objectives and strategies for undertaking the hedge transaction. Derivatives are recorded in the Consolidated Balance Sheets at fair value in prepaid expenses and other current assets, other non-current assets, accounts payable and accrued expenses or other non-current liabilities, depending on whether the amount is an asset or liability and is of a short-term or long-term nature. We designate our derivative financial instruments as cash flow hedges. 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. We also classify the cash flows from our cash flow hedges in the same category as the items being hedged on our Consolidated Statements of Cash Flows based on the fact that our cash flow hedges do not contain an other-than-insignificant financing element at inception. In the event that hedge accounting is discontinued, any changes in fair value of the associated derivatives since the date of dedesignation are recognized in other income (expense), net. Cash flows subsequent to the date of dedesignation are classified within investing activities in our Consolidated Statements of Cash Flows.
Share Repurchases	Share Repurchases When stock is retired or purchased for constructive retirement, the purchase price is initially recorded as a reduction to the par value of the shares repurchased, with any excess purchase price over par value recorded as a reduction to additional paid-in capital and retained earnings.
Retirement and Other Employee Benefits	Retirement and Other Employee Benefits We sponsor a number of defined benefit pension plans and post-retirement plans. The most significant of these plans cover employees in the United States, United Kingdom, Costa Rica and Guatemala. We recognize the funded status of our defined benefit pension and post-retirement plans in our Consolidated Balance Sheets, with changes in the funded status recognized primarily through accumulated other comprehensive income (loss) in the year in which the changes occur. Actuarially-determined liabilities related to pension and post-retirement benefits are recorded based on estimates and assumptions. Factors used in developing estimates of these liabilities include assumptions related to discount rates, rates of return on investments, benefit payment patterns and other factors, and are periodically updated. We provide disclosures about our plan assets, including investment strategies, major categories of plan assets, concentrations of risk within plan assets, and valuation techniques used to measure the fair value of plan assets consistent with the fair value hierarchy framework.
New Accounting Pronouncements	New Accounting Pronouncements - Adopted In April 2019, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("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 affect the recognition and measurement of financial instruments, including derivatives and fair value hedges. We adopted this ASU on the first day of our 2020 fiscal year. The adoption of this ASU did not have a material impact on our consolidated 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. We adopted this ASU on the first day of our 2020 fiscal year. The adoption of this ASU did not have a material impact on our consolidated 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 2. Summary of Significant Accounting Policies (continued) interests. We adopted this ASU on the first day of our 2020 fiscal year. The adoption of this ASU did not have a material impact on our consolidated 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. We adopted this ASU prospectively on the first day of our 2020 fiscal year. The adoption of this ASU did not have a material impact on our consolidated 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. We adopted this ASU on the first day of our 2020 fiscal year. The adoption of this ASU did not have a material impact on our financial statement disclosures. 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 (loss) income, disclosure of the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements and a narrative description of measurement uncertainty related to Level 3 measurements. We adopted this ASU on the first day of our 2020 fiscal year. The adoption of this ASU did not have a material impact on our consolidated 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 measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The standard replaces the previous “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost, generally resulting in the earlier recognition of credit losses in the financial statements. The amendment affects 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. We adopted this standard on the first day of our 2020 fiscal year using a modified-retrospective approach, and recorded a $1.2 million cumulative-effect adjustment to the opening balance of retained earnings in connection with the adoption. As a result, the consolidated financial statements for fiscal year 2020 are presented under the new standard, while the comparative prior year period is not adjusted and continues to be reported in accordance with our previous accounting policy. The adoption of this standard did not have a material impact on our consolidated financial statements. See Note 6. " Allowance for Credit Losses " for additional information. New Accounting Pronouncements - Not Yet Adopted In March 2020, FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, and a subsequent amendment to the guidance, ASU 2021-01 in January 2021. The ASU provides optional guidance to companies to ease the potential burden associated with transitioning away from reference rates that are expected to be discontinued. The new guidance provides optional expedients and exceptions to apply generally accepted accounting principles to contract modifications and hedging relationships, subject to certain criteria, that reference LIBOR or another reference rate expected to be discontinued. Companies can adopt the ASU immediately, however the guidance will only be available through December 31, 2022. While we are continuing to evaluate the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, we do not expect its impact will be material at this time. 2. Summary of Significant Accounting Policies (continued) In January 2020, the FASB issued ASU 2020-01, Investments-Equity Securities (Topic 321), Investments-Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815)- Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 . The amendments in this update clarify certain interactions between the guidance to account for certain equity securities under Topic 321, the guidance to account for investments under the equity method of accounting in Topic 323, and the guidance in Topic 815, which could change how an entity accounts for an equity security under the measurement alternative or a forward contract or purchased option to purchase securities that, upon settlement of the forward contract or exercise of the purchased option, would be accounted for under the equity method of accounting or the fair value option in accordance with Topic 825, Financial Instruments. This ASU will be effective for us beginning the first day of our 2021 fiscal year. While we are continuing to evaluate the impact of the adoption of this ASU on our financial condition, results of operations and cash flows, we do not expect its impact will be material at this time. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . The ASU introduces new guidance to evaluate whether a step-up in tax basis of goodwill relates to a business combination in which book goodwill was recognized or a separate transaction, and also provides a policy election to not allocate consolidated income taxes when a member of a consolidated tax return is not subject to income tax. The ASU also makes changes to the current guidance for making intraperiod allocations and determining when a deferred tax liability is recognized after an investor in a foreign entity transitions to or from the equity method of accounting, among other changes. This ASU will be effective for us beginning the first day of our 2021 fiscal year. We have evaluated the impact of the adoption of this ASU and concluded it has no impact on our financial condition, results of operations and cash flows.
Business Combinations Policy	Redeemable Noncontrolling Interest As part of the Mann Packing acquisition in 2018, we acquired a put option exercisable by the 25% shareholder of one of the acquired subsidiaries. The put option allows the noncontrolling shareholder to sell its 25% noncontrolling interest to us for a multiple of the subsidiary's adjusted earnings. The noncontrolling shareholder can exercise this put option on or after April 1, 2023. Following a five

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jan. 01, 2021
Accounting Policies [Abstract]
Schedule of Inventory	Inventories consisted of the following (U.S. dollars in millions): January 1, 2021 December 27, 2019 Finished goods $ 190.7 $ 203.5 Raw materials and packaging supplies 136.8 155.8 Growing crops 180.2 192.5 Total inventories $ 507.7 $ 551.8

Asset Impairment and Other Ch_2

Asset Impairment and Other Charges, Net (Tables)	12 Months Ended
	Jan. 01, 2021
Asset Impairment and Other Charges, Net [Abstract]
Asset Impairment and Other Charges	The following represents the detail of asset impairment and other charges, net for fiscal 2020 by reportable segment (U.S. dollars in millions): Long-lived Exit activity and other Total Banana segment: California Air Resource Board settlement (1) $ — $ 1.3 $ 1.3 Philippine asset impairment of low-yield areas 1.8 — 1.8 Impairment of property and equipment due to hurricanes (2) 4.8 — 4.8 Fresh and value-added products segment: California Air Resource Board settlement (1) — 0.7 0.7 Impairment of property and related equipment (3) 5.2 — 5.2 Insurance recovery related to product recall (4) — (15.0) (15.0) North America reorganization charges (5) — 1.5 1.5 Other fresh and value-added products segment charges — 0.1 0.1 Total asset impairment and other charges, net $ 11.8 $ (11.4) $ 0.4 (1) $2.0 million charge for fiscal 2020 relating to a settlement with the California Air Resource Board. This charge relates to both our banana and fresh and value-added products segments. Refer to Note 15. " Commitments and Contingencies " for further information regarding this matter. (2) $4.8 million charge for fiscal 2020 relating to asset impairments incurred in Central America. In the fourth quarter of 2020, hurricanes Eta and Iota impacted our farm operations in the country of Guatemala, which resulted in damages to property and equipment including to our banana plantations, levees, drainage equipment, and other related fixed assets. (3) $5.2 million asset impairment charges for fiscal 2020 primarily relating to impairment of property and related equipment in North America, the Middle East, and Europe. (4) $(15.0) million insurance recovery for fiscal 2020 relating to a voluntary recall of vegetable products in North America which was announced in the fourth quarter of 2019. (5) $1.5 million charge for fiscal 2020 relating to severance expenses incurred in connection with the reorganization of our sales and marketing function in North America. The following represents the detail of asset impairment and other charges, net for the year ended December 27, 2019 by reportable segment (U.S. dollars in millions): Long-lived Total Banana segment: Philippine asset impairment of low-yield areas $ 4.7 $ — $ 4.7 Philippine exit activities of certain low-yield areas — 0.5 0.5 Fresh and value-added products segment: Impairment of equity investment (1) 2.9 — 2.9 North America vegetable product recall — 0.5 0.5 Other fresh and value-added products segment charges 0.5 — 0.5 Total asset impairment and other charges, net $ 8.1 $ 1.0 $ 9.1 (1) $2.9 million impairment of equity investment for the year ended December 27, 2019 related to our 10% equity ownership interest in The Purple Carrot, which we sold within the same year. The following represents the detail of asset impairment and other charges, net for the year ended December 28, 2018 by reportable segment (U.S. dollars in millions): Long-lived Exit activity and other charges (credits) Total Banana segment: Philippine exit activities of certain low-yield areas $ 30.0 $ 2.3 $ 32.3 Underutilized assets in Central America 1.8 — 1.8 Cost reduction initiatives in Central America 1.8 — 1.8 Fresh and value-added products segment: Chile severance due to restructuring as a result of cost reduction initiatives — 2.4 2.4 Underutilized assets in Central America 0.5 — 0.5 Acquisition costs (1) — 4.1 4.1 Tomato production assets impairment 1.0 — 1.0 Other fresh and value-added segment credits — (1.6) (1.6) Total asset impairment and other charges, net $ 35.1 $ 7.2 $ 42.3 (1) Acquisition costs primarily relate to our acquisition of Mann Packing Co., Inc. ("Mann Packing").

Property, Plant and Equipment_2

Property, Plant and Equipment, Net (Tables)	12 Months Ended
	Jan. 01, 2021
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment, net consisted of the following (U.S. dollars in millions): January 1, 2021 December 27, 2019 Land and land improvements $ 704.8 $ 704.4 Buildings and leasehold improvements 666.9 610.5 Machinery and equipment 632.0 611.4 Maritime equipment (including containers) 170.6 115.8 Furniture, fixtures and office equipment 101.9 99.8 Automotive equipment 74.7 80.0 Construction-in-progress 77.5 200.4 2,428.4 2,422.3 Less: accumulated depreciation and amortization (1,008.1) (1,019.1) Property, plant and equipment, net $ 1,420.3 $ 1,403.2

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Jan. 01, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	The following table reflects our indefinite-lived intangible assets, including goodwill and our definite-lived intangible assets along with related accumulated amortization by major category (U.S. dollars in millions): January 1, 2021 December 27, 2019 Goodwill $ 424.0 $ 423.7 Indefinite-lived intangible assets: Trademarks 31.7 31.7 Definite-lived intangible assets: Definite-lived intangible assets 150.4 150.4 Accumulated amortization (31.7) (23.9) Definite-lived intangible assets, net 118.7 126.5 Goodwill and other intangible assets, net $ 574.4 $ 581.9
Schedule of Goodwill	The following table reflects the changes in the carrying amount of goodwill by business segment (U.S. dollars in millions): Bananas Fresh and Value-Added Products Totals Balance at December 28, 2018 $ 64.5 $ 358.9 $ 423.4 Foreign exchange and other (0.1) 0.4 0.3 Balance at December 27, 2019 $ 64.4 $ 359.3 $ 423.7 Foreign exchange and other 0.1 0.2 0.3 Balance at January 1, 2021 $ 64.5 $ 359.5 $ 424.0
Schedule of Sensitivities of Goodwill and Intangible Assets at Risk	The following table highlights the sensitivities of the indefinite-lived intangibles as of January 1, 2021 (U.S. dollars in millions): Banana Prepared Food Reporting Unit Goodwill Prepared Food Reporting Unit Del Monte ® Carrying value of indefinite-lived intangible assets $ 64.5 $ 48.8 $ 30.8 Approximate percentage by which the fair value exceeds the carrying value based on the annual impairment test 7.0 % 7.5 % 6.9 % Amount that a one percentage point increase in the discount rate and a 5% decrease in cash flows would cause the carrying value to exceed the fair value and trigger an impairment $ 64.5 $ 35.5 $ 2.2
Schedule of Expected Amortization Expense	The estimated amortization expense related to definite-lived intangible assets for the five succeeding years is as follows (U.S. dollars in millions): Year Estimated Amortization Expense 2021 $ 7.8 2022 7.8 2023 6.9 2024 6.5 2025 6.4

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	12 Months Ended
	Jan. 01, 2021
Receivables [Abstract]
Financing Receivable Including the Related Allowance for Doubtful Accounts	The following table details the advances to growers and suppliers based on their credit risk profile (U.S. dollars in millions): January 01, 2021 December 27, 2019 Current Past-Due Current Past-Due Gross advances to growers and suppliers $ 34.3 $ 4.0 $ 33.8 $ 8.3
Allowance for Doubtful Accounts and Related Financing Receivables	The allowance for advances to growers and suppliers and the related financing receivables for the years ended January 1, 2021 and December 27, 2019 were as follows (U.S. dollars in millions): Year ended January 01, 2021 December 27, 2019 Allowance for advances to growers and suppliers: Balance, beginning of period (1) $ 2.3 $ 2.8 Provision for uncollectible amounts — — Deductions to allowance related to write-offs (0.2) (0.7) Balance, end of period $ 2.1 $ 2.1 (1) Beginning balance includes $0.2 million increase reflecting the impact of our adoption of ASC 326 on the first day of fiscal 2020. See Note 2. " Summary of Significant Accounting Policies
Accounts Receivable, Allowance for Credit Loss	The table below presents a rollforward of our trade receivables allowance for credit losses for fiscal 2020. Year ended Trade Receivables January 1, 2021 Allowance for Credit Losses Balance, beginning of period (1) $ 8.9 Provision for uncollectible amounts 3.9 Deductions to allowance related to write-offs — Recoveries of amounts previously written off — Reclassifications (2) 2.3 Balance, end of period $ 15.1 6. Allowance for Credit Losses (Continued) (1) Beginning balance includes $1.0 million increase reflecting the impact of our adoption of ASC 326 on the first day of fiscal 2020. See Note 2. " Summary of Significant Accounting Policies " for additional information. (2) $2.3 million reclassification from the long-term allowance for credit losses, presented in other non-current assets on our Consolidated Balance Sheets, to short-term during fiscal 2020. Amount remaining in the long-term allowance for credit losses related to customer receivables as of the year ended January 1, 2021 is not material to our Consolidated Financial Statements.

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	12 Months Ended
	Jan. 01, 2021
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	Accounts payable and accrued expenses consisted of the following (U.S. dollars in millions): January 1, December 27, 2019 Trade payables $ 266.5 $ 284.9 Accrued fruit purchases 45.7 51.1 Ship and port operating expenses 13.0 17.0 Warehouse and distribution costs 28.9 23.7 Payroll and employee benefits 74.9 70.9 Accrued promotions 25.6 21.2 Other accrued expenses 57.2 53.4 Accounts payable and accrued expenses $ 511.8 $ 522.2

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jan. 01, 2021
Income Tax Disclosure [Abstract]
Provision for (Benefit from) Income Taxes	The provision for income taxes consisted of the following (U.S. dollars in millions): Year ended January 1, 2021 December 27, 2019 December 28, 2018 Current: U.S. federal income tax $ (10.6) $ 2.1 $ (0.4) State 0.5 1.9 0.1 Non-U.S. 15.6 12.2 12.8 5.5 16.2 12.5 Deferred: U.S. federal income tax 2.8 3.0 2.1 State 3.3 1.1 1.3 Non-U.S. (6.6) 1.1 0.2 (0.5) 5.2 3.6 $ 5.0 $ 21.4 $ 16.1
Schedule of Income Before Income Tax, Domestic and Foreign	Income (loss) before income taxes consisted of the following (U.S. dollars in millions): Year ended January 1, 2021 December 27, 2019 December 28, U.S. $ 1.0 $ 32.0 $ 11.9 Non-U.S. 50.3 58.7 (11.7) $ 51.3 $ 90.7 $ 0.2
Differences Between Reported Provision for (Benefit from) Income Taxes and Income Taxes Computed at U.S. Statutory Federal Income Tax Rate	The differences between the reported provision for income taxes and income taxes computed at the U.S. statutory federal income tax rate are explained in the following reconciliation (U.S. dollars in millions): Year ended January 1, 2021 December 27, 2019 December 28, 2018 Income tax provision (benefit) computed at the U.S. statutory federal rate $ 10.8 $ 19.1 $ — Effect of tax rates on non-U.S. operations (54.6) (47.4) (33.2) Provision for uncertain tax positions 0.6 0.8 — Non-deductible interest 2.5 1.9 2.3 Foreign exchange (10.1) (3.7) (11.5) Non-deductible intercompany charges — 0.1 (0.1) Non-deductible differences 1.6 1.8 0.6 Non-taxable income/loss 0.1 (2.5) (1.5) Non-deductible impairment charges 0.2 0.4 3.6 Adjustment to deferred balances 0.5 — 0.4 Other 3.1 2.4 2.2 Other taxes in lieu of income 3.8 2.9 2.4 Change in deferred rate (10.1) 7.4 (1.3) Benefit from net operating loss carryback provision (C.A.R.E.S. Act) (4.6) — — Increase (decrease) in valuation allowance (1) 61.2 38.2 52.2 Provision for income taxes $ 5.0 $ 21.4 $ 16.1 _____________ (1) The increase in valuation allowance includes effects of foreign exchange and adjustments to deferred tax balances which were fully offset by valuation allowance.
Deferred Income Tax Assets and Liabilities	Deferred income tax assets and liabilities consisted of the following (U.S. dollars in millions): January 1, December 27, Deferred tax liabilities: 2021 2019 Allowances and other accrued liabilities $ (3.7) $ (1.5) Inventories (13.7) (16.3) Property, plant and equipment (75.1) (70.6) Equity in earnings of unconsolidated companies (0.1) (0.1) Pension obligations (3.6) (3.1) Other noncurrent deferred tax liabilities (16.4) (12.3) ROU Assets (27.8) (25.6) Total noncurrent deferred tax liabilities $ (140.4) $ (129.5) Deferred tax assets: Allowances and other accrued assets $ 11.6 $ 13.5 Inventories 6.2 5.5 Pension obligations 28.5 27.7 Property, plant and equipment 2.1 2.1 Post-retirement benefits other than pension 1.1 1.0 Net operating loss carryforwards 363.7 318.0 Capital loss carryover 1.8 1.5 Other noncurrent assets 44.0 28.5 Operating lease 28.7 25.8 Total noncurrent deferred tax assets 487.7 423.6 Valuation allowance (370.7) (323.3) Total deferred tax assets, net $ 117.0 $ 100.3 Net deferred tax liabilities $ (23.4) $ (29.2)
Federal and Foreign Tax Operating Loss Carry-Forwards Expiring	At January 1, 2021, we had approximately $1,389.4 million of federal and foreign tax operating loss carryforwards expiring as follows (U.S. dollars in millions): Expires: 2021 $ 21.7 2022 26.7 2023 16.5 2024 4.4 2025 and beyond 22.8 No expiration 1,297.3 $ 1,389.4
Reconciliation of Beginning and Ending Amount of Uncertain Tax Positions Excluding Interest and Penalties	A reconciliation of the beginning and ending amount of uncertain tax positions excluding interest and penalties is as follows (U.S. dollars in millions): January 1, 2021 December 27, 2019 December 28, 2018 Beginning balance $ 3.5 $ 2.9 $ 3.2 Gross decreases - tax position in prior period (0.1) — — Gross increases - current-period tax positions 0.2 0.7 0.1 Settlements — (0.1) — Lapse of statute of limitations — — (0.3) Foreign exchange (0.1) — (0.1) Ending balance $ 3.5 $ 3.5 $ 2.9

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jan. 01, 2021
Leases [Abstract]
Lease Assets and Liabilities	The following table presents the lease-related assets and liabilities recorded on our Consolidated Balance Sheets as of January 1, 2021 and December 27, 2019 (U.S. dollars in millions): Classification on the Balance Sheet January 1, 2021 December 27, 2019 Assets Operating lease assets Operating lease right-of-use assets $ 170.5 $ 162.1 Finance lease assets Property, plant and equipment, net 0.6 1.3 Total lease assets $ 171.1 $ 163.4 Liabilities Current Operating Current maturities of operating leases $ 28.8 $ 32.5 Finance Current maturities of debt and finance leases 0.2 0.3 Noncurrent Operating Operating leases, less current maturities 114.4 102.7 Finance Long-term debt and finance leases, less current maturities 0.1 0.2 Total lease liabilities $ 143.5 $ 135.7 Weighted-average remaining lease term: Operating leases 6.8 years 8.4 years Finance leases 2.1 years 1.9 years Weighted-average discount rate: Operating leases (1) 6.03 % 8.31 % Finance leases 3.84 % 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 years ended January 1, 2021 and December 27, 2019 (U.S. dollars in millions): January 1, December 27, Finance lease cost Amortization of lease assets $ — $ 0.1 Operating lease cost 69.4 92.5 Short-term lease cost 10.2 7.5 Variable lease cost 7.4 6.1 Total lease cost $ 87.0 $ 106.2 The following table presents supplemental cash flow information related to the leases for fiscal 2020 (U.S. dollars in millions): January 1, December 27, Cash paid for amounts included in the measurement of lease liabilities Operating cash flows for operating leases $ 56.3 $ 82.1 Financing cash flows for finance leases 0.3 0.5 Right-of-use assets obtained in exchange for new operating lease liabilities 50.7 40.0
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 January 1, 2021 (U.S. dollars in millions): Operating Leases Finance Leases 2021 $ 36.7 $ 0.2 2022 29.1 0.1 2023 26.4 — 2024 22.8 — 2025 18.6 — Thereafter 71.4 — Total lease payments 205.0 0.3 Less: imputed interest 61.8 — Total lease liabilities $ 143.2 $ 0.3
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 January 1, 2021 (U.S. dollars in millions): Operating Leases Finance Leases 2021 $ 36.7 $ 0.2 2022 29.1 0.1 2023 26.4 — 2024 22.8 — 2025 18.6 — Thereafter 71.4 — Total lease payments 205.0 0.3 Less: imputed interest 61.8 — Total lease liabilities $ 143.2 $ 0.3

Debt (Tables)

Debt (Tables)	12 Months Ended
	Jan. 01, 2021
Debt Disclosure [Abstract]
Schedule of Line of Credit Facilities	The following is a summary of the material terms of the Revolving Credit Facility and other working capital facilities at January 1, 2021 (U.S. dollars in millions): Term Maturity Interest Rate Borrowing Available Bank of America credit facility 5.0 years October 1, 2024 1.59% $ 1,100.0 $ 558.3 Rabobank letter of credit facility 364 days June 16, 2021 Varies 25.0 14.7 Other working capital facilities Varies Varies Varies 20.2 9.8 $ 1,145.2 $ 582.8
Schedule of Maturities of Long-term Debt	Maturities of long-term debt obligations during the next five years are as follows (U.S. dollars in millions): Fiscal Years Long-Term 2021 $ 10.8 2022 15.2 2023 17.1 2024 565.1 2025 — 608.2 Less: Amounts representing interest (1) (66.5) 541.7 Less: Current portion $ — Totals, net of current portion of long-term debt and finance lease obligations $ 541.7 (1) We utilize a variable interest rate on our long-term debt, and for presentation purposes we have used an assumed average rate of 2.2%.

Earnings (Loss) Per Ordinary _2

Earnings (Loss) Per Ordinary Share (Tables)	12 Months Ended
	Jan. 01, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Basic and diluted net income (loss) per ordinary share is calculated as follows (U.S. dollars in millions, except share and per share data): Year ended January 1, 2021 December 27, 2019 December 28, 2018 Numerator: Net income (loss) attributable to Fresh Del Monte Produce Inc. $ 49.2 $ 66.5 $ (21.9) Denominator: Weighted average number of ordinary shares - Basic 47,569,794 48,291,345 48,625,175 Effect of dilutive securities - share-based awards 90,806 102,768 — Weighted average number of ordinary shares - Diluted 47,660,600 48,394,113 48,625,175 Antidilutive awards (1) 55,153 124,448 851,645 Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc.: Basic $ 1.03 $ 1.38 $ (0.45) Diluted $ 1.03 $ 1.37 $ (0.45) (1) Awards of certain unvested shares and options are not included in the calculation of diluted weighted average shares outstanding because their effect would have been anti-dilutive.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive (Loss) Income (Tables)	12 Months Ended
	Jan. 01, 2021
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table includes the changes in accumulated other comprehensive loss by component for the years ended January 1, 2021 and December 27, 2019 (U.S. dollars in millions): Changes in Accumulated Other Comprehensive Loss by Component (1) Changes in Fair Value of 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) income before reclassifications (12.5) (3) (0.9) (2) (3.7) (17.1) Amounts reclassified from accumulated other comprehensive loss (7.2) — 0.5 (6.7) Net current period other comprehensive (loss) income (19.7) (0.9) (3.2) (23.8) Balance at December 27, 2019 $ (25.5) $ (15.8) $ (24.1) $ (65.4) Other comprehensive (loss) income before reclassifications (41.4) (3) 12.5 (2) (1.4) (30.3) Amounts reclassified from accumulated other comprehensive loss 17.3 (4) — 1.4 18.7 Net current period other comprehensive (loss) income (24.1) 12.5 — (11.6) Balance at January 1, 2021 $ (49.6) $ (3.3) $ (24.1) $ (77.0) (1) All amounts are net of tax and noncontrolling interests. (2) Includes a gain of $6.0 million for fiscal 2020 and a loss of $1.2 million for the year ended December 27, 2019 related to intra-entity foreign currency transactions that are of a long-term-investment nature. (3) Includes a tax effect of $2.7 million and $2.9 million for the for the years ended January 1, 2021 and December 27, 2019, respectively. Additionally, includes the bunker fuel swap contracts entered into in the first quarter of 2020. Refer to Note 16, " Derivative Financial Instruments ", for further information on our derivatives. (4) Includes amounts reclassified for both designated and dedesignated cash flow hedges. Refer to the following table for the amounts of each.
Reclassification out of Accumulated Other Comprehensive Income	The following table includes details about amounts reclassified from accumulated other comprehensive loss by component for the years ended January 1, 2021 and December 27, 2019 (U.S. dollars in millions): January 1, 2021 December 27, 2019 Details about accumulated other comprehensive loss components Amount reclassified from accumulated other comprehensive loss Amount reclassified from accumulated other comprehensive loss Affected line item in the statement where net income is presented Changes in fair value of cash flow hedges: Designated as hedging instruments: Foreign currency cash flow hedges $ 7.0 $ (8.1) Net sales Foreign currency cash flow hedges 0.3 (1.5) Cost of products sold Bunker fuel swaps 0.6 — Cost of products sold Interest rate swaps 9.0 2.4 Interest expense Bunker fuel swaps no longer designated as hedging instruments 0.2 — Cost of products sold Bunker fuel swaps no longer designated as hedging instruments 0.2 — Other expense (income), net Total $ 17.3 $ (7.2) Amortization of retirement benefits: Actuarial losses 1.4 0.5 Other expense (income), net Total $ 1.4 $ 0.5

Retirement and Other Employee_2

Retirement and Other Employee Benefits (Tables)	12 Months Ended
	Jan. 01, 2021
Retirement Benefits [Abstract]
Reconciliation of Benefit Obligations, Plan Assets and Funded Status for Defined Benefit Pension Plans and Post-Retirement Plans	The following table sets forth a reconciliation of benefit obligations, plan assets and funded status for our defined benefit pension plans and post-retirement plans as of January 1, 2021 and December 27, 2019, which are also their measurement dates (U.S. dollars in millions): Pension plans (1) Post-retirement plans January 1, 2021 December 27, January 1, 2021 December 27, 2019 U.S. U.K. U.S. U.K. Central America Central America Change in Benefit Obligation: Beginning benefit obligation $ 16.0 $ 58.9 $ 15.2 $ 58.4 $ 71.1 $ 61.2 Service cost — — — — 6.3 5.4 Interest cost 0.5 1.1 0.6 1.4 4.2 4.7 Actuarial loss (gain) 1.2 8.6 1.5 3.6 (4.7) 6.6 Benefits paid (1.3) (1.8) (1.3) (1.9) (6.9) (8.1) Exchange rate changes (2) — 2.1 — 1.8 (2.0) 1.3 Settlement gain — — — (4.4) — — Plan amendment — 0.1 — — — — Ending benefit obligation 16.4 69.0 16.0 58.9 68.0 71.1 Change in Plan Assets: Beginning fair value 13.0 58.0 11.9 52.3 — — Actual return on plan assets 1.4 7.0 2.2 8.4 — — Company contributions 0.6 1.8 0.2 1.8 6.9 8.1 Effect of settlements — — — (4.4) — — Benefits paid (1.3) (1.8) (1.3) (1.9) (6.9) (8.1) Exchange rate changes (2) — 2.1 — 1.8 — — Ending fair value 13.7 67.1 13.0 58.0 — — Amounts recognized in the Consolidated Balance Sheets: Accounts payable and accrued expenses (current liability) — — — — 8.3 8.2 Retirement benefits liability (noncurrent liability) 2.7 1.8 3.0 0.9 59.7 62.9 Net amount recognized in the Consolidated Balance Sheets $ 2.7 $ 1.8 $ 3.0 $ 0.9 $ 68.0 $ 71.1 Amounts recognized in Accumulated other comprehensive loss: (3) Net actuarial loss (9.6) (7.4) (9.3) (4.6) (7.5) (13.1) Net amount recognized in accumulated other comprehensive loss $ (9.6) $ (7.4) $ (9.3) $ (4.6) $ (7.5) $ (13.1) (1) The accumulated benefit obligation is the same as the projected benefit obligation. (2) The exchange rate difference included in the reconciliation of the change in benefit obligation and the change in plan assets above results from currency fluctuations of the U.S. dollar relative to the British pound for the U.K. plan and the U.S. dollar versus Central American currencies such as the Costa Rican colon and Guatemalan quetzal for the Central American plans as of January 1, 2021 and December 27, 2019, when compared to the previous year. (3) We had accumulated other comprehensive income of $5.2 million as of January 1, 2021 and $5.9 million as of December 27, 2019 related to the tax effect of unamortized pension gains.
Roll Forward of AOCI Balances	The following table provides a rollforward of the accumulated other comprehensive (loss) income ("AOCI") balances (U.S. dollars in millions): Pension plans Post-retirement plans Year ended Year ended January 1, 2021 December 27, January 1, December 27, Reconciliation of AOCI U.S. U.K. U.S. U.K. Central America Central America AOCI (loss) at beginning of plan year $ (9.3) $ (4.6) $ (9.4) $ (7.7) $ (13.1) $ (6.4) Amortization of net losses recognized during the year 0.5 0.1 0.4 0.1 0.7 0.1 Net (losses) gains occurring during the year (0.8) (2.9) (0.3) 3.0 4.7 (6.6) Currency exchange rate changes — — — — 0.2 (0.2) AOCI (loss) at end of plan year $ (9.6) $ (7.4) $ (9.3) $ (4.6) $ (7.5) $ (13.1)
Net Periodic Pension Cost of Defined Benefit Pension and Post-Retirement Benefit Plans	The following table sets forth the net periodic pension cost of our defined benefit pension and post-retirement benefit plans (U.S. dollars in millions): Pension plans Post-retirement plans Year ended Year ended January 1, 2021 December 27, 2019 December 28, 2018 January 1, 2021 December 27, 2019 December 28, 2018 U.S. U.K. U.S. U.K. U.S. U.K. Central Central America Central Service cost $ — $ — $ — $ — $ — $ — $ 6.3 $ 5.4 $ 5.9 Interest cost 0.5 1.1 0.6 1.4 0.5 1.5 4.2 4.7 4.0 Expected return on assets (1.0) (1.5) (1.0) (2.0) (1.0) (2.5) — — — Net amortization 0.5 0.1 0.4 0.1 0.4 (0.4) 0.7 0.1 0.8 Settlement loss — — — 0.4 — — — — — Net periodic cost (income) $ — $ (0.3) $ — $ (0.1) $ (0.1) $ (1.4) $ 11.2 $ 10.2 $ 10.7
Assumptions Used in the Calculation of Benefit Obligations and Net Periodic Pension Costs of U.S. and U.K. Defined Benefit Pension Plans and Central American Plans	The assumptions used in the calculation of the benefit obligations of our U.S. and U.K. defined benefit pension plans and Central American plans consisted of the following: January 1, 2021 December 27, 2019 December 28, 2018 Pension plans Post- Pension plans Post- Pension plans Post- U.S. U.K. Central U.S. U.K. Central U.S. U.K. Central Weighted average discount rate 2.15 % 1.40 % 7.98 % 3.00 % 2.00 % 6.27 % 4.10 % 2.80 % 8.06 % Rate of increase in compensation levels — — 4.74 % — — 4.71 % — — 4.75 % The assumptions used in the calculation of the net periodic pension costs for our U.S. and U.K. defined benefit pension plans and Central American plans consisted of the following: January 1, 2021 December 27, 2019 December 28, 2018 Pension plans Post- Pension plans Post- Pension plans Post- U.S. U.K. Central U.S. U.K. Central U.S. U.K. Central America Weighted average discount rate 3.00 % 2.00 % 6.27 % 4.10 % 2.80 % 8.12 % 3.45 % 2.45 % 6.51 % Rate of increase in compensation levels — — 4.74 % — — 4.71 % — — 4.75 % Expected long-term rate of return on assets 7.50 % 2.58 % — 7.50 % 4.22 % — 7.50 % 4.22 % —
Expected Benefit Payments	Cash Flows Pension plans Post-retirement U.S. U.K. Central America Expected benefit payments for: 2021 $ 1.2 $ 1.9 $ 8.3 2022 1.2 2.0 6.4 2023 1.1 2.1 6.4 2024 1.1 2.4 7.3 2025 1.1 2.3 7.1 Next 5 years 4.7 13.2 29.3 Expected benefit payments over the next 10 years $ 10.4 $ 23.9 $ 64.8
Fair Values of Plan Assets by Asset Category	The fair values of our U.S. plan assets by asset category are as follows as of the year ended January 1, 2021: Fair Value Measurements at Quoted Prices in Significant Significant Asset Category Total (Level 1) (Level 2) (Level 3) Mutual Funds: Fixed income securities $ 5.2 $ 5.2 $ — $ — Value securities 2.8 2.8 — — Growth securities 5.7 5.7 — — Total $ 13.7 $ 13.7 $ — $ — 13. Retirement and Other Employee Benefits (continued) The fair values of our U.S. plan assets by asset category are as follows as of the year ended December 27, 2019: Fair Value Measurements at Quoted Prices in Significant Significant Asset Category Total (Level 1) (Level 2) (Level 3) Mutual Funds: Fixed income securities $ 5.6 $ 5.6 $ — $ — Value securities 2.9 2.9 — — Growth securities 4.5 4.5 — — Total $ 13.0 $ 13.0 $ — $ — The fair values of our U.K. plan assets by asset category are as follows as of the years ended January 1, 2021 and December 27, 2020: Fair Value Measurements at Asset Category Total Fair Quoted Prices Significant Observable Significant Unobservable Cash $ 0.4 $ 0.4 $ — $ — Equity securities: Diversified growth funds 18.1 — 18.1 — Other international companies 10.0 — 10.0 — Fixed income securities: United Kingdom government bonds 14.0 — 14.0 — Liability-driven investments 24.6 — 24.6 — Total $ 67.1 $ 0.4 $ 66.7 $ — Fair Value Measurements at Asset Category Total Fair Quoted Prices Significant Observable Significant Unobservable Cash $ 0.5 $ 0.5 $ — $ — Equity securities: Diversified growth funds 16.7 — 16.7 — Other international companies 9.2 — 9.2 — Fixed income securities: United Kingdom government bonds 13.0 — 13.0 — Liability-driven investments 18.6 — 18.6 — Total $ 58.0 $ 0.5 $ 57.5 $ —

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Jan. 01, 2021
Share-based Payment Arrangement, Noncash Expense [Abstract]
Stock-Based Compensation Expense Included in Selling, General and Administrative Expenses Related to Stock Options and Restricted Stock Awards	Share-based compensation expense included in selling, general and administrative expenses related to stock options, restricted stock awards ("RSAs"), restricted stock units ("RSUs") and performance stock units ("PSUs") is included in the accompanying Consolidated Statements of Operations as follows (U.S. dollars in millions): Year ended Types of Awards January 1, 2021 December 27, 2019 December 28, 2018 Stock options $ — $ — $ 0.1 RSUs/PSUs 7.2 7.4 10.3 RSAs 0.3 1.0 1.1 Total $ 7.5 $ 8.4 $ 11.5
Restricted Stock Units Award Activity	The following table lists the RSAs for the years ended January 1, 2021, December 27, 2019, and December 28, 2018: Date of Award Shares of Price Per Share Awards for the year ended 2020: April 10, 2020 235 $ 32.00 January 2, 2020 7,374 34.42 Awards for the year ended 2019: May 1, 2019 2,830 29.44 January 2, 2019 30,891 28.32 Awards for the year ended 2018: August 2, 2018 1,687 49.38 January 2, 2018 21,304 46.93
Schedule of RSUs / PSUs Awarded	The following table lists the various RSUs/PSUs awarded under the 2014 Plan and Prior Plans for the years ended January 1, 2021, December 27, 2019, and December 28, 2018: Date of Award Type of Award Units Awarded Price Per Share Awards for the year ended 2020: December 1, 2020 RSU 10,000 $ 25.16 April 28, 2020 RSU 21,348 35.13 March 30, 2020 RSU 2,500 29.61 March 23, 2020 RSU 2,500 33.53 March 2, 2020 PSU 86,954 28.74 March 2, 2020 RSU 161,093 28.74 Awards for the year ended 2019: July 31, 2019 PSU 4,250 30.33 March 25, 2019 RSU 5,000 26.55 February 20, 2019 PSU 85,000 27.71 February 20, 2019 RSU 133,750 27.71 Awards for the year ended 2018: June 25, 2018 RSU 2,000 44.78 February 21, 2018 RSU 125,000 46.35 February 21, 2018 PSU 85,000 46.35
Schedule of RSUs / PSUs Activity	The following table summarizes RSUs/PSUs activity for the years ended January 1, 2021, December 27, 2019, December 28, 2018: Number of Weighted RSUs/PSUs outstanding at December 29, 2017 761,152 $ 41.13 Granted 138,531 46.10 Vested (279,440) 41.31 Canceled (17,948) 50.40 RSUs/PSUs outstanding at December 28, 2018 602,295 42.39 Granted 230,037 27.83 Vested (384,717) 37.65 Canceled (33,008) 42.93 RSUs/PSUs outstanding at December 27, 2019 414,607 38.09 Granted 290,253 29.22 Vested (167,888) 40.54 Canceled (51,399) 32.70 RSUs/PSUs outstanding at January 1, 2021 485,573 $ 32.55 Vested at December 28, 2018 249,767 $ 31.28 Vested at December 27, 2019 52,903 $ 32.65 Vested at January 1, 2021 87,809 $ 37.33

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	12 Months Ended
	Jan. 01, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Outstanding Foreign Currency Forward Contracts that were Entered into to Hedge Forecasted Cash Flows	We had the following outstanding foreign currency forward contracts as of January 1, 2021 (U.S. dollars in millions): Foreign Currency Contracts Qualifying as Cash Flow Hedges: Notional Amount British pound GBP 18.4 Chilean peso CLP 34,789.6 Euro EUR 123.1 Japanese yen JPY 7,608.2 Costa Rican colon CRC 20,512.8 Korean won KRW 50,862.5 Kenyan shilling KES 3,522.4 We had the following outstanding bunker fuel swap contracts as of January 1, 2021: Bunker Fuel Swap Contracts: Notional Amount 0.5% U.S. Gulf Coast (1) 33,815 barrels 3% U.S. Gulf Coast (1) 41,605 metric tons 0.5% Singapore 28,412 metric tons (1) During fiscal 2020, we dedesignated portions of our bunker fuel cash flow hedges due to decreases in our forecasted fuel consumption for certain fuel types which was partially driven by the delay of the receipt of three of our six new refrigerated container vessels due to the COVID-19 pandemic. The outstanding notional amounts which were dedesignated consist of 22,715 barrels of fuel related to our 0.5% U.S. Gulf Coast contracts and 20,963 metric tons of fuel related to our 3% U.S. Gulf Coast contracts. When hedges are dedesignated, any changes in fair value of the associated derivatives since the date of dedesignation are recognized in other expense (income), net. Additionally, in the case that the hedged forecasted fuel consumption is not probable of occurring in the originally specified time period or within the following two months, the related accumulated other comprehensive gain or loss associated with the hedge is reclassified to other expense (income), net immediately. We recorded a gain of $2.6 million during fiscal 2020 related to our dedesignated cash flow hedges in other expense (income), net.
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 January 1, 2021 and December 27, 2019 (U.S. dollars in millions): Derivatives Designated as Hedging Instruments (1) Foreign exchange contracts Bunker fuel swaps Interest rate swaps Total Balance Sheet Location: January 1, 2021 December 27, 2019 January 1, 2021 December 27, 2019 January 1, 2021 December 27, 2019 January 1, 2021 December 27, 2019 Asset derivatives: Prepaid expenses and other current assets $ 1.3 $ 1.7 $ 1.6 $ — $ — $ — $ 2.9 $ 1.7 Other noncurrent assets 0.3 — — — — — 0.3 — Total asset derivatives $ 1.6 $ 1.7 $ 1.6 $ — $ — $ — $ 3.2 $ 1.7 Liability derivatives: Accounts payable and accrued expenses $ 8.5 $ 0.7 $ 0.2 $ — $ — $ — $ 8.7 $ 0.7 Other noncurrent liabilities — — — — 50.6 30.3 50.6 30.3 Total liability derivatives $ 8.5 $ 0.7 $ 0.2 $ — $ 50.6 $ 30.3 $ 59.3 $ 31.0 (1) See Note 17, " Fair Value Measurements, " for fair value disclosures. At January 1, 2021, $1.3 million is included in prepaid expenses and other current assets and $0.3 million is included in accounts payable and accrued expenses for the portions of our bunker fuel swap contracts which are no longer designated as hedging instruments.
Effect of Derivative Instruments on the Consolidated Statements of Income	The following table reflects the effect of derivative instruments on the Consolidated Statements of Operations for the years ended January 1, 2021 and December 27, 2019 (U.S. dollars in millions): Derivatives in Cash Flow Amount of (Loss) Gain Recognized in Other Location of (Loss) Gain Reclassified Amount of (Loss) Gain Reclassified from Year ended Year ended January 1, 2021 December 27, 2019 January 1, 2021 December 27, 2019 Foreign exchange contracts $ (6.9) $ (0.1) Net sales $ (7.0) $ 8.1 Foreign exchange contracts (1.0) 0.2 Cost of products sold (0.3) 1.5 Bunker fuel swaps 1.7 — Cost of products sold (0.8) — Interest rate swaps, net of tax (17.9) (19.8) Interest expense (9.0) (2.4) Total $ (24.1) $ (19.7) $ (17.1) $ 7.2

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Jan. 01, 2021
Fair Value Disclosures [Abstract]
Fair Values of Assets and Liabilities Measured on a Recurring Basis	The following table provides a summary of the fair values of our derivative financial instruments 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 (liability) asset Bunker fuel contracts, net asset (1) Interest rate contracts, net liability January 1, December 27, January 1, December 27, January 1, December 27, Quoted prices in active markets for identical assets (Level 1) $ — $ — $ — $ — $ — $ — Significant other observable inputs (Level 2) (6.9) 1.0 2.4 — (50.6) (30.3) Significant unobservable inputs (Level 3) — — — — — —

Unaudited Quarterly Financial_2

Unaudited Quarterly Financial Information (Tables)	12 Months Ended
	Jan. 01, 2021
Quarterly Financial Data [Abstract]
Schedule of Quarterly Financial Information	Our fiscal quarter-ends correspond to the last Friday of the 13-week period, beginning the day following our fiscal year end. The following summarizes certain quarterly operating data (U.S. dollars in millions, except per share data): Quarter ended March 27, 2020 June 26, 2020 September 25, 2020 January 1, 2021 Net sales $ 1,118.0 $ 1,092.3 $ 989.7 $ 1,002.3 Gross profit 68.5 78.7 67.3 36.4 Net income (loss) 13.0 18.1 16.2 (1.0) Net income attributable to Fresh Del Monte 13.0 17.9 17.4 0.9 Net income per ordinary share attributable to (1) $ 0.27 $ 0.38 $ 0.37 $ 0.02 Net income per ordinary share attributable to (1) $ 0.27 $ 0.38 $ 0.37 $ 0.02 Dividends declared per ordinary share $ 0.10 $ 0.05 $ 0.05 $ 0.10 March 29, 2019 June 28, 2019 September 27, 2019 December 27, 2019 (2) Net sales $ 1,154.2 $ 1,239.4 $ 1,070.2 $ 1,025.2 Gross profit (3) 95.1 97.6 76.2 37.5 Net income (loss) 37.2 39.0 18.2 (25.1) Net income (loss) attributable to Fresh Del Monte 36.1 38.1 18.1 (25.8) Net income (loss) per ordinary share attributable to (1) $ 0.74 $ 0.79 $ 0.38 $ (0.54) Net income (loss) per ordinary share attributable to (1) $ 0.74 $ 0.78 $ 0.38 $ (0.54) Dividends declared per ordinary share $ — $ — $ 0.06 $ 0.08 (1) Basic and diluted earnings per share for each of the quarters presented above is based on the respective weighted average number of shares for the quarters. The sum of the quarters may not necessarily be equal to the full year basic and diluted earnings per share amounts due to rounding. (2) Diluted earnings per share for the quarter ended December 27, 2019 excludes the impact of antidilutive share-based payment awards for 235,106 ordinary shares, as they were antidilutive. (3) Gross profit for the year ended December 27, 2019 has been adjusted for a reclassification to correct the presentation of payroll and payroll-related costs associated with our sales personnel from cost of products sold to selling, general, and administrative expenses. For the year ended December 27, 2019, the adjustment results in an increase to gross profit of $5.8 million.

Business Segment Data (Tables)

Business Segment Data (Tables)	12 Months Ended
	Jan. 01, 2021
Segment Reporting [Abstract]
Net sales and gross profit by segment	We evaluate performance based on several factors, of which net sales and gross profit are the primary financial measures (U.S. dollars in millions): Year ended January 1, 2021 December 27, 2019 December 28, 2018 Net Sales Gross Profit Net Sales Gross Profit Net Sales Gross Profit Fresh and value-added products $ 2,484.1 $ 158.4 $ 2,704.4 $ 193.2 $ 2,654.7 $ 187.3 Banana 1,602.6 84.3 1,656.0 104.4 1,703.1 92.9 Other products and services 115.6 8.2 128.6 8.8 136.1 5.7 Totals $ 4,202.3 $ 250.9 $ 4,489.0 $ 306.4 $ 4,493.9 $ 285.9 Our segment data disclosures for the years ended December 27, 2019 and December 28, 2018 have been adjusted to reflect a reclassification of cost of products sold between our banana and fresh and value-added products segments as the result of a refinement in our overhead cost allocation methodology. For the year ended December 27, 2019, the reclassification results in an increase to our banana segment gross profit and corresponding decrease to our fresh and value-added products segment gross profit of $5.6 million. For the year ended December 28, 2018, the reclassification results in an increase to our banana segment gross profit and corresponding decrease to our fresh and value-added products segment gross profit of $7.3 million. Our segment data disclosures for the years ended December 27, 2019 and December 28, 2018 also reflect the impact of a reclassification adjustment to correct the presentation of payroll and payroll-related costs associated with our sales personnel from cost of products sold to selling, general, and administrative expenses. For the year ended December 27, 2019, the adjustment results in an increase to our banana segment gross profit of $1.6 million, and an increase of $4.2 million to our fresh and value-added products segment gross profit. For the year ended December 28, 2018, the adjustment results in an increase to our banana segment gross profit of $1.5 million, and an increase of $4.6 million to our fresh and value-added products segment gross profit.
Net sales by product	The following table indicates our net sales by product (U.S. dollars in millions) and, in each case, the percentage of the total represented thereby: Year ended January 1, 2021 December 27, 2019 December 28, 2018 Segments: Fresh and value-added products: Fresh-cut fruit $ 469.0 11 % $ 524.4 12 % $ 507.5 11 % Fresh-cut vegetables 383.8 9 % 455.9 10 % 419.8 10 % Pineapples 458.9 11 % 454.8 10 % 487.9 11 % Avocados 332.0 8 % 380.7 9 % 329.2 8 % Non-tropical fruit 210.6 5 % 195.9 4 % 226.7 5 % Prepared food 264.3 6 % 279.6 6 % 267.1 6 % Melons 75.5 2 % 92.4 2 % 107.8 2 % Tomatoes 40.5 1 % 52.3 1 % 62.5 1 % Vegetables 155.6 4 % 176.6 4 % 150.8 3 % Other fruit and vegetables 93.9 2 % 91.8 2 % 95.4 2 % Total fresh and value-added products 2,484.1 59 % 2,704.4 60 % 2,654.7 59 % Banana 1,602.6 38 % 1,656.0 37 % 1,703.1 38 % Other products and services 115.6 3 % 128.6 3 % 136.1 3 % Total $ 4,202.3 100 % $ 4,489.0 100 % $ 4,493.9 100 %
Long-lived assets by geographical region	Property, plant and equipment, net: January 1, 2021 December 27, 2019 North America $ 226.5 $ 238.7 Europe 37.4 35.2 Middle East 108.4 130.9 Africa 40.3 44.6 Asia 124.3 130.9 Central America 648.3 664.7 South America 76.0 84.8 Maritime equipment (including containers) 152.4 66.2 Corporate 6.7 7.2 Total property, plant and equipment, net $ 1,420.3 $ 1,403.2 Total assets: January 1, 2021 December 27, 2019 North America $ 889.3 $ 925.3 Europe 310.5 279.9 Middle East 270.6 301.4 Africa 143.0 174.9 Asia 270.4 268.0 Central America 1,049.9 1,066.5 South America 149.7 159.9 Maritime equipment (including containers) 163.9 78.0 Corporate 96.0 96.0 Total assets $ 3,343.3 $ 3,349.9
Net Sales by Geographic Region	The following tables indicate our (i) net sales by geographic region, (ii) property, plant, and equipment, net by location and (iii) total assets by location (U.S. dollars in millions): Year ended Net sales by geographic region: January 1, 2021 December 27, 2019 December 28, North America $ 2,601.7 $ 2,923.8 $ 2,871.3 Europe 648.6 645.2 653.7 Asia 466.1 453.0 465.7 Middle East 432.9 425.8 445.6 Other 53.0 41.2 57.6 Total net sales $ 4,202.3 $ 4,489.0 $ 4,493.9

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Jan. 01, 2021
Stockholders' Equity Note [Abstract]
Schedule of Repurchase Activity	The following represents a summary of repurchase activity during years ended January 1, 2021 and December 27, 2019 (U.S. dollars in millions, except share and per share data): Year ended January 1, 2021 December 27, 2019 Shares USD Average price per share Shares USD Average price per share Year ended: 841,235 $ 20.8 $ 24.71 723,062 $ 17.8 $ 24.68
Schedule of Dividends Declared	The below is a summary of the dividends paid per share for the years ended January 1, 2021 and December 27, 2019. These dividends were declared and paid within the same fiscal quarter. Year ended January 1, 2021 December 27, 2019 Dividend Payment Date Cash Dividend per Ordinary Share Dividend Payment Date Cash Dividend per Ordinary Share December 4, 2020 $ 0.10 December 6, 2019 $ 0.08 September 4, 2020 0.05 September 6, 2019 0.06 June 5, 2020 0.05 March 27, 2020 0.10

General (Details)

General (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jan. 01, 2021	Sep. 25, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Gross Profit	$ 36.4	$ 67.3	$ 78.7	$ 68.5	$ 37.5	$ 76.2	$ 97.6	$ 95.1	$ 250.9	$ 306.4	$ 285.9
Restatement Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Gross Profit										$ 5.8	$ 6.1

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018	Dec. 29, 2017
Significant Accounting Policies [Line Items]
Other accounts receivable, value added taxes receivable current	$ 25.2	$ 28.8
Other accounts receivable, allowance for value added tax receivable current	0.1	0.1
Other accounts receivable, value added taxes receivable noncurrent	22.8	22.5
Other accounts receivable, allowance for value added tax receivable noncurrent	$ 5.9	6.5
Useful life	19 years 10 months 24 days
Amortization expense for definite-lived intangible assets	$ 7.8	8.5	$ 7
Asset impairment charges	11.8	8.1	35.1
Advertising and promotional costs	14.6	14.9	15.2
Amortization of debt issuance costs	0.5	1	0.7
Foreign exchange loss	0.8	8.9	10.4
Excess tax benefit reclassified from financing activities	85.8	108.9	(242)
Deferred income taxes	117	100.3
Retained earnings	1,271.4	1,252.7
Gain on disposal of property, plant and equipment, net	22.2	18.6	7.1
Accounts Receivable, Allowance for Credit Loss	15.1	8.9
Contract with Customer, Asset, Allowance for Credit Loss	13.4
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ (1,749.7)	(1,743.7)
Put Option Expiration Period	5 years
Percentage of voting interests acquired	25.00%
Minimum | Buildings
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum estimated useful lives (in years)	10 years
Minimum | Maritime and other equipment, including ships and containers
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum estimated useful lives (in years)	5 years
Minimum | Machinery and equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum estimated useful lives (in years)	3 years
Minimum | Furniture, fixtures and office equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum estimated useful lives (in years)	3 years
Minimum | Automotive equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum estimated useful lives (in years)	5 years
Maximum | Buildings
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum estimated useful lives (in years)	40 years
Maximum | Maritime and other equipment, including ships and containers
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum estimated useful lives (in years)	20 years
Maximum | Machinery and equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum estimated useful lives (in years)	20 years
Maximum | Furniture, fixtures and office equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum estimated useful lives (in years)	7 years
Maximum | Automotive equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum estimated useful lives (in years)	10 years
Accounts Receivable
Significant Accounting Policies [Line Items]
Percentage of Trade accounts Receivable	12.00%
Accounting Standards Update 2016-13 [Member]
Significant Accounting Policies [Line Items]
Accounts Receivable, Allowance for Credit Loss		1
Retained Earnings
Significant Accounting Policies [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ (1,271.4)	(1,252.7)	(1,206)	$ (1,275)
Fresh Del Monte Produce Inc. Shareholders' Equity
Significant Accounting Policies [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(1,728)	$ (1,719.2)	$ (1,692)	$ (1,767.4)
Fresh Del Monte Produce Inc. Shareholders' Equity | Cumulative Effect, Period of Adoption, Adjustment [Member]
Significant Accounting Policies [Line Items]
Retained earnings	$ 1.2

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Inventory (Details) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019
Accounting Policies [Abstract]
Finished goods	$ 190.7	$ 203.5
Raw materials and packaging supplies	136.8	155.8
Growing crops	180.2	192.5
Total inventories	$ 507.7	$ 551.8

Asset Impairment and Other Ch_3

Asset Impairment and Other Charges, Net - Asset Impairment and Exit Activity Charges (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Schedule of Asset Impairment and Other Charges [Line Items]
Asset impairment and other charges, net	$ 0.4	$ 9.1	$ 42.3
Long-lived and other asset impairment	11.8	8.1	35.1
Exit activity and other charges (credits)	(11.4)	1	7.2
Total	$ 0.4	$ 9.1	42.3
Percentage of voting interests acquired	25.00%
The Purple Carrot [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Percentage of voting interests acquired		10.00%
Central America
Schedule of Asset Impairment and Other Charges [Line Items]
Exit activity and other charges (credits)	$ 0
Central America | Hurricanes [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Total	4.8
Banana | Philippines | Exit Activities of Low-yield Areas [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment			30
Exit activity and other charges (credits)		$ 0.5	2.3
Total		0.5	32.3
Banana | Philippines | Previously Announced Exit Activities Of Certain Areas [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	1.8
Exit activity and other charges (credits)	0
Total	1.8
Banana | Philippines | Underutilized assets
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment		4.7
Total		4.7
Banana | Central America
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment			1.8
Exit activity and other charges (credits)			0
Banana | Central America | Underutilized assets
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment			1.8
Exit activity and other charges (credits)			0
Total			1.8
Banana | Central America | Cost reduction initiatives
Schedule of Asset Impairment and Other Charges [Line Items]
Total			1.8
Banana | Central America | Hurricanes [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	4.8
Total	4.8
Fresh and value-added products | Other Fresh And Value-Added Products Charges [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	0
Exit activity and other charges (credits)	0.1
Total	0.1
Fresh and value-added products | Other fresh produce segment charges (credits)
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment		0.5	0
Exit activity and other charges (credits)		0	(1.6)
Total		0.5	(1.6)
Fresh and value-added products | Central America | Underutilized assets
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment		0	0.5
Exit activity and other charges (credits)			0
Total			0.5
Fresh and value-added products | United States | Acquisition costs
Schedule of Asset Impairment and Other Charges [Line Items]
Exit activity and other charges (credits)			4.1
Total			4.1
Fresh and value-added products | United States | Underutilized assets
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment			1
Total			1
Fresh and value-added products | United States | Floods
Schedule of Asset Impairment and Other Charges [Line Items]
Exit activity and other charges (credits)			0
Fresh and value-added products | Chile | Cost reduction initiatives
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment			0
Exit activity and other charges (credits)			2.4
Total			$ 2.4
Fresh and value-added products | North America | Vegetable Product Recall [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Exit activity and other charges (credits)		0.5
Total		0.5
Fresh and value-added products | North America | Equity Method Investments [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment		2.9
Total		$ 2.9
Fresh and value-added products | United States, Middle East and Europe [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	5.2
Exit activity and other charges (credits)	0
Total	5.2
Equity Method Investments [Member] | Fresh and Value-Added Products [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	2.9
Non-Compliance With Regulations [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Total	2
Non-Compliance With Regulations [Member] | Banana
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	0
Exit activity and other charges (credits)	1.3
Total	1.3
Non-Compliance With Regulations [Member] | Fresh and Value-Added Products [Member]
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	0
Exit activity and other charges (credits)	0.7
Total	0.7
Vegetable Product Recall [Member] | Fresh and Value-Added Products [Member] | Insurance recoveries
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	0
Exit activity and other charges (credits)	(15)
Total	(15)
Cost reduction initiatives | Fresh and Value-Added Products [Member] | North America
Schedule of Asset Impairment and Other Charges [Line Items]
Long-lived and other asset impairment	0
Exit activity and other charges (credits)	1.5
Total	$ 1.5

Property, Plant and Equipment_3

Property, Plant and Equipment, Net (Details) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,428.4	$ 2,422.3
Less: accumulated depreciation and amortization	(1,008.1)	(1,019.1)
Property, plant and equipment, net	1,420.3	1,403.2
Land and land improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	704.8	704.4
Buildings and leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	666.9	610.5
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	632	611.4
Maritime equipment (including containers)
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	170.6	115.8
Property, plant and equipment, net	152.4	66.2
Furniture, fixtures and office equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	101.9	99.8
Automotive equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	74.7	80
Construction-in-progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 77.5	$ 200.4

Property, Plant and Equipment_4

Property, Plant and Equipment, Net - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Property, Plant and Equipment [Abstract]
Depreciation	$ 87.2	$ 89.6	$ 92.2
Containers, machinery and equipment and automotive equipment under capital leases	1.7	2.1
Assets under capital leases, accumulated amortization	1.1	0.8
Gain on disposal of property, plant and equipment, net	$ (22.2)	$ (18.6)	$ (7.1)

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Intangible Assets and Goodwill (Details) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 424	$ 423.7	$ 423.4
Indefinite-lived intangible assets:
Trademarks	31.7	31.7
Definite-lived intangible assets:
Definite-lived intangible assets	150.4	150.4
Accumulated amortization	(31.7)	(23.9)
Definite-lived intangible assets, net	118.7	126.5
Goodwill and other intangible assets, net	$ 574.4	$ 581.9

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Changes in the Carrying Amount of Goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Goodwill [Roll Forward]
Goodwill, beginning	$ 423.7	$ 423.4
Foreign exchange and other	0.3	0.3
Goodwill, ending	424	423.7
Bananas
Goodwill [Roll Forward]
Goodwill, beginning	64.4	64.5
Foreign exchange and other	0.1	(0.1)
Goodwill, ending	64.5	64.4
Fresh and Value-Added Products
Goodwill [Roll Forward]
Goodwill, beginning	359.3	358.9
Foreign exchange and other	0.2	0.4
Goodwill, ending	$ 359.5	$ 359.3

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Sensitivities of Goodwill and Indefinite-Lived Intangibles at Risk (Details) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 28, 2018
Banana | Goodwill
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible assets, including goodwill		$ 64.5
Approximate percentage by which the fair value exceeds the carrying value based on the annual impairment test	7.00%
Amount that a one percentage point increase in the discount rate and a 5% decrease in cash flows would cause the carrying value to exceed the fair value and trigger an impairment	$ 64.5
Prepared Food | Remaining Del Monte Trademarks
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible assets, including goodwill	$ 48.8
Approximate percentage by which the fair value exceeds the carrying value based on the annual impairment test	7.50%
Amount that a one percentage point increase in the discount rate and a 5% decrease in cash flows would cause the carrying value to exceed the fair value and trigger an impairment	$ 35.5
Prepared Food Reporting Unit | Trademarks and Trade Names
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible assets, including goodwill	$ 30.8
Approximate percentage by which the fair value exceeds the carrying value based on the annual impairment test	6.90%
Amount that a one percentage point increase in the discount rate and a 5% decrease in cash flows would cause the carrying value to exceed the fair value and trigger an impairment	$ 2.2

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets - Estimated Amortization Expense (Details) $ in Millions	Jan. 01, 2021USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2020	$ 7.8
2021	7.8
2022	6.9
2023	6.5
2024	$ 6.4

Goodwill and Other Intangible_7

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Finite-Lived Intangible Assets [Line Items]
Goodwill accumulated impairment loss	$ 88.1
Goodwill and trademarks impairment charges	$ 0	$ 0.3	$ 11.3
Trademarks and Trade Names | United Kingdom
Finite-Lived Intangible Assets [Line Items]
Goodwill and trademarks impairment charges		$ 0.3

Allowance for Credit Losses - N

Allowance for Credit Losses - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current	$ 28.5	$ 19.6
Accounts Receivable, Allowance for Credit Loss	$ 15.1	8.9
Accounting Standards Update 2016-13 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss		$ 1
Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable term	1 year
Long Term Advances to Growers | Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable term	4 years

Allowance for Credit Losses - A

Allowance for Credit Losses - Advances to Growers Along with the Related Allowance for Doubtful Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss	$ 15.1	$ 8.9
Provision for Loan, Lease, and Other Losses	3.9
Accounts Receivable, Allowance for Credit Loss, Writeoff	0
Accounts Receivable, Allowance for Credit Loss, Recovery	0
Accounts Receivable, Credit Loss Expense (Reversal)	2.3
Accounting Standards Update 2016-13 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss		1
Advances to Growers
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for Loan, Lease, and Other Losses	0	0
Financing Receivable, before Allowance for Credit Loss, Current	34.3	33.8
Financing Receivable, before Allowance for Credit Loss, Noncurrent	4	8.3
Financing Receivable, Allowance for Credit Loss	2.1	2.1	$ 2.8
Financing Receivable, Allowance for Credit Loss, Writeoff	$ (0.2)	(0.7)
Advances to Growers | Accounting Standards Update 2016-13 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Allowance for Credit Loss		$ 2.3

Financing Receivables - Allowan

Financing Receivables - Allowance for Doubtful Accounts and Related Financing Receivables (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Provision for Loan, Lease, and Other Losses	$ 3.9
Advances to Growers
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for advances to growers and suppliers, beginning of period	2.1	$ 2.8
Provision for Loan, Lease, and Other Losses	0	0
Allowance for advances to growers and suppliers, end of period	2.1	2.1
Advances to Growers | Accounting Standards Update 2016-13 [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	0.2
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for advances to growers and suppliers, beginning of period	$ 2.3
Allowance for advances to growers and suppliers, end of period		$ 2.3

Accounts Payable and Accrued _3

Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019
Payables and Accruals [Abstract]
Trade payables	$ 266.5	$ 284.9
Accrued fruit purchases	45.7	51.1
Ship and port operating expenses	13	17
Warehouse and distribution costs	28.9	23.7
Payroll and employee benefits	74.9	70.9
Accrued promotions	25.6	21.2
Other accrued expenses	57.2	53.4
Accounts payable and accrued expenses	$ 511.8	$ 522.2
Other accrued expenses and accounts payable maximum risk percentage	5.00%

Income Taxes - Provision for (B

Income Taxes - Provision for (Benefit from) Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Current:
U.S. federal income tax	$ (10.6)	$ 2.1	$ (0.4)
State	0.5	1.9	0.1
Non-U.S.	15.6	12.2	12.8
Total	5.5	16.2	12.5
Deferred:
U.S. federal income tax	2.8	3	2.1
State	3.3	1.1	1.3
Non-U.S.	(6.6)	1.1	0.2
Total	(0.5)	5.2	3.6
Provision for income taxes	5	$ 21.4	$ 16.1
Benefit from net operating loss carryback provision (C.A.R.E.S. Act)	$ (4.6)

Income Taxes - Income Before In

Income Taxes - Income Before Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Income Tax Disclosure [Abstract]
U.S.	$ 1	$ 32	$ 11.9
Non-U.S.	50.3	58.7	(11.7)
Income before income taxes	$ 51.3	$ 90.7	$ 0.2

Income Taxes - Differences Betw

Income Taxes - Differences Between Reported Provision for (Benefit from) Income Taxes and Income Taxes Computed at U.S. Statutory Federal Income Tax Rate (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Income Tax Disclosure [Abstract]
Income tax provision (benefit) computed at the U.S. statutory federal rate	$ 10.8	$ 19.1	$ 0
Effect of tax rates on non-U.S. operations	(54.6)	(47.4)	(33.2)
Provision for uncertain tax positions	0.6	0.8	0
Non-deductible interest	2.5	1.9	2.3
Foreign exchange	(10.1)	(3.7)	(11.5)
Non-deductible intercompany charges	0	0.1	(0.1)
Non-deductible differences	1.6	1.8	0.6
Non-taxable income/loss	0.1	(2.5)	(1.5)
Non-deductible impairment charges	0.2	0.4	3.6
Adjustment to deferred balances	0.5	0	0.4
Other	3.1	2.4	2.2
Other taxes in lieu of income	3.8	2.9	2.4
Change in deferred rate	(10.1)	7.4	(1.3)
Benefit from net operating loss carryback provision (C.A.R.E.S. Act)	4.6
Increase (decrease) in valuation allowance	61.2	38.2	52.2
Provision for income taxes	$ 5	$ 21.4	$ 16.1

Income Taxes - Deferred Income

Income Taxes - Deferred Income Tax Assets and Liabilities (Detail) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019
Deferred tax liabilities:
Allowances and other accrued liabilities	$ (3.7)	$ (1.5)
Inventories	(13.7)	(16.3)
Property, plant and equipment	(75.1)	(70.6)
Equity in earnings of unconsolidated companies	(0.1)	(0.1)
Pension obligations	(3.6)	(3.1)
Other noncurrent deferred tax liabilities	(16.4)	(12.3)
ROU Assets	(27.8)	(25.6)
Total noncurrent deferred tax liabilities	(140.4)	(129.5)
Deferred tax assets:
Allowances and other accrued assets	11.6	13.5
Inventories	6.2	5.5
Pension obligations	28.5	27.7
Property, plant and equipment	2.1	2.1
Post-retirement benefits other than pension	1.1	1
Net operating loss carryforwards	363.7	318
Capital loss carryover	1.8	1.5
Other noncurrent assets	44	28.5
Operating lease	28.7	25.8
Total noncurrent deferred tax assets	487.7	423.6
Valuation allowance	(370.7)	(323.3)
Total deferred tax assets, net	117	100.3
Net deferred tax liabilities	$ (23.4)	$ (29.2)

Income Taxes - Federal and Fore

Income Taxes - Federal and Foreign Tax Operating Loss Carry-Forwards Expiring (Detail) $ in Millions	Jan. 01, 2021USD ($)
Income Tax Disclosure [Abstract]
2019	$ 21.7
2020	26.7
2021	16.5
2022	4.4
2025 and beyond	22.8
No expiration	1,297.3
Federal and foreign tax operating loss carry-forwards	$ 1,389.4

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Beginning and Ending Amount of Uncertain Tax Positions Excluding Interest and Penalties (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	$ 3.5	$ 2.9	$ 3.2
Gross decreases - tax position in prior period	(0.1)	0	0
Gross increases - current-period tax positions	0.2	0.7	0.1
Settlements	0	(0.1)	0
Lapse of statute of limitations	0	0	(0.3)
Foreign exchange	(0.1)	0	(0.1)
Ending balance	$ 3.5	$ 3.5	$ 2.9

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Income Tax Contingency [Line Items]
Increased (decrease) in valuation allowance	$ 47.4	$ 31.6
Undistributed earnings of foreign subsidiaries	1,576
Federal and foreign tax operating loss carry-forwards	1,389.4
Accrual for uncertain tax positions, that, if recognized would affect the effective income tax rate	5.5	5
Interest on income taxes accrued	1.9	$ 1.4
Foreign Tax Authority [Member]
Income Tax Contingency [Line Items]
Estimate of possible loss	$ 145.5

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	3 Months Ended	12 Months Ended
	Jan. 01, 2021USD ($)	Jan. 01, 2021USD ($)	Dec. 27, 2019USD ($)	Dec. 28, 2018USD ($)
Lessee, Lease, Description [Line Items]
Rent expense		$ 69.4	$ 92.5
Total expense for all operating leases and vessel charter agreements		79.6	100	$ 84.3
Proceeds from Sale of Property, Plant, and Equipment		39.5	69.4	17.4
Gain on disposal of property, plant and equipment, net		$ 22.2	$ 18.6	$ 7.1
Lessee, Operating Lease, Renewal Term	12 months	12 months
Panama
Lessee, Lease, Description [Line Items]
Annual payments	$ 0.5	$ 0.5
Operating lease term of contract	40 years	40 years
Middle East
Lessee, Lease, Description [Line Items]
Gain on disposal of property, plant and equipment, net	$ 5.6
Middle East | Property, Plant and Equipment
Lessee, Lease, Description [Line Items]
Proceeds from Sale of Property, Plant, and Equipment	$ 15.4
Sale Leaseback Transaction, percentage leased	0.40	0.40
Sale Leaseback Transaction, Lease Terms	six years
Minimum
Lessee, Lease, Description [Line Items]
Terms for vessel charter agreements (in years)		4 months
Maximum
Lessee, Lease, Description [Line Items]
Terms for vessel charter agreements (in years)		6 months

Leases - Lease Assets and Liabi

Leases - Lease Assets and Liabilities (Details) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019
Leases [Abstract]
Operating lease right-of-use assets	$ 170.5	$ 162.1
Property, plant and equipment, net	0.6	1.3
Total lease assets	171.1	163.4
Current maturities of operating leases	28.8	32.5
Current maturities of debt and finance leases	0.2	0.3
Operating leases, less current maturities	114.4	102.7
Long-term debt and finance leases, less current maturities	0.1	0.2
Total lease liabilities	$ 143.5	$ 135.7
Operating leases, Weighted-average remaining lease term (years)	6 years 9 months 18 days	8 years 4 months 24 days
Finance leases, Weighted-average remaining lease term (years)	2 years 1 month 6 days	1 year 10 months 24 days
Operating leases, Weighted-average discount rate (percentage)	6.03%	8.31%
Finance leases, Weighted-average discount rate (percentage)	3.84%	4.44%

Leases - Lease Costs (Details)

Leases - Lease Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Leases [Abstract]
Finance lease cost, Amortization of lease assets	$ 0	$ 0.1
Operating lease cost	69.4	92.5
Short-term lease cost	10.2	7.5
Variable lease cost	7.4	6.1
Total lease cost	87	106.2
Operating cash flows for operating leases	56.3	82.1
Financing cash flows for finance leases	0.3	0.5
Right-of-use assets obtained in exchange for new operating lease obligations	$ 50.7	$ 40	$ 0

Leases - Operating and Finance

Leases - Operating and Finance Lease Maturities (Details) $ in Millions	Jan. 01, 2021USD ($)
Operating Leases
2020	$ 36.7
2021	29.1
2022	26.4
2023	22.8
2024	18.6
Thereafter	71.4
Total lease payments	205
Less: imputed interest	61.8
Total lease liabilities	143.2
Finance Leases
2020	0.2
2021	0.1
2022	0
2023	0
2024	0
Thereafter	0
Total lease payments	0.3
Less: imputed interest	0
Total lease liabilities	$ 0.3

Debt - Narrative (Detail)

Debt - Narrative (Detail)	Oct. 01, 2019USD ($)	Apr. 16, 2015USD ($)	Jan. 01, 2021USD ($)	Dec. 27, 2019USD ($)	Dec. 28, 2018USD ($)	Feb. 27, 2018USD ($)
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 1,145,200,000
Payments of dividends, common stock			14,300,000	$ 6,700,000	$ 29,000,000
Amount of committed working capital facilities applied to letter of credit facility			10,300,000
Other letters of credit and bank guarantees			18,400,000
Cash payments of interest on long-term debt, net of amounts capitalized			20,600,000	23,200,000	19,300,000
Cash payments of interest on long-term debt, amounts capitalized			$ 2,300,000	$ 5,300,000	$ 1,000,000
Revolving Credit Facility | Unsecured Debt
Debt Instrument [Line Items]
Term	5 years	5 years	5 years
Line of credit facility, maximum borrowing capacity	$ 1,100,000,000	$ 800,000,000	$ 1,100,000,000			$ 1,100,000,000
Line of credit facility, increase (decrease)	$ 300,000,000
Debt covenant, consolidated leverage ratio	3.25
Line of credit facility, capacity available for trade purchases	$ 150,000,000
Standby Letters of Credit
Debt Instrument [Line Items]
Term			364 days
Line of credit facility, maximum borrowing capacity			$ 25,000,000
LIBOR | Revolving Credit Facility | Unsecured Debt
Debt Instrument [Line Items]
Variable rate			1.375%
Other noncurrent assets | Revolving Credit Facility | Unsecured Debt
Debt Instrument [Line Items]
Capitalized debt issuance costs			$ 1,800,000
Minimum | Eurodollar
Debt Instrument [Line Items]
Assumed variable interest rate	1.00%
Minimum | Base Rate
Debt Instrument [Line Items]
Assumed variable interest rate	0.00%
Maximum | Revolving Credit Facility | Unsecured Debt
Debt Instrument [Line Items]
Debt covenant, consolidated leverage ratio	2.5
Debt covenant, percentage of consolidate net income	50.00%
Payments of dividends, common stock	$ 25,000,000
Maximum | Eurodollar
Debt Instrument [Line Items]
Assumed variable interest rate	1.50%
Maximum | Base Rate
Debt Instrument [Line Items]
Assumed variable interest rate	0.50%

Debt - Schedule of Long-Term De

Debt - Schedule of Long-Term Debt and Finance Lease Obligations (Details) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019
Debt Disclosure [Abstract]
Less: Current portion	$ (0.2)	$ (0.3)
Long-term debt and finance leases	$ 541.8	$ 586.8

Debt - Schedule of Line of Cred

Debt - Schedule of Line of Credit Facilities (Details) - USD ($)	Oct. 01, 2019	Apr. 16, 2015	Jan. 01, 2021	Feb. 27, 2018
Line of Credit Facility [Line Items]
Borrowing Limit			$ 1,145,200,000
Available Borrowings at January 1, 2021			582,800,000
Other working capital facilities
Line of Credit Facility [Line Items]
Borrowing Limit			20,200,000
Available Borrowings at January 1, 2021			$ 9,800,000
Revolving Credit Facility | Unsecured Debt
Line of Credit Facility [Line Items]
Term	5 years	5 years	5 years
Interest Rate			1.59%
Borrowing Limit	$ 1,100,000,000	$ 800,000,000	$ 1,100,000,000	$ 1,100,000,000
Available Borrowings at January 1, 2021			$ 558,300,000
Standby Letters of Credit
Line of Credit Facility [Line Items]
Term			364 days
Borrowing Limit			$ 25,000,000
Available Borrowings at January 1, 2021			$ 14,700,000

Debt - Maturities of Long-Term

Debt - Maturities of Long-Term Debt and Finance Lease Obligations (Detail) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019
Debt Instrument [Line Items]
Less: Current portion	$ (0.2)	$ (0.3)
Totals, net of current portion of long-term debt and finance lease obligations	541.8	$ 586.8
Long-Term Debt
Debt Instrument [Line Items]
2020	10.8
2021	15.2
2022	17.1
2023	565.1
2024	0
Total	608.2
Less: Amounts representing interest	(66.5)
Total long-term debt and finance lease obligations	541.7
Less: Current portion	0
Totals, net of current portion of long-term debt and finance lease obligations	$ 541.7
Assumed variable interest rate	2.20%

Earnings (Loss) Per Ordinary _3

Earnings (Loss) Per Ordinary Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Jan. 01, 2021	Sep. 25, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Numerator:
Net income (loss) attributable to Fresh Del Monte Produce Inc.	$ 0.9	$ 17.4	$ 17.9	$ 13	$ (25.8)	$ 18.1	$ 38.1	$ 36.1	$ 49.2	$ 66.5	$ (21.9)
Denominator:
Weighted average number of ordinary share - Basic (shares)									47,569,794	48,291,345	48,625,175
Effect of dilutive securities - share-based employee options and awards (shares)									90,806	102,768	0
Weighted average number of ordinary share - Diluted (shares)									47,660,600	48,394,113	48,625,175
Antidilutive Options and Awards (shares)									55,153	124,448	851,645
Net (loss) income per ordinary share attributable to Fresh Del Monte Produce Onc.:
Basic (usd per share)	$ 0.02	$ 0.37	$ 0.38	$ 0.27	$ (0.54)	$ 0.38	$ 0.79	$ 0.74	$ 1.03	$ 1.38	$ (0.45)
Diluted (usd per share)	$ 0.02	$ 0.37	$ 0.38	$ 0.27	$ (0.54)	$ 0.38	$ 0.78	$ 0.74	$ 1.03	$ 1.37	$ (0.45)

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive (Loss) Income - Changes in OCI (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, value	$ 1,743.7
Balance, value	1,749.7	$ 1,743.7
Net unrealized foreign currency translation gain (loss)	(12.5)	0.9	$ 8.2
Changes in Fair Value of Cash Flow Hedges
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, value	(25.5)	(5.8)
Other comprehensive (loss) income before reclassifications	(41.4)	(12.5)
Amounts reclassified from accumulated other comprehensive loss	17.3	(7.2)
Net current period other comprehensive (loss) income	(24.1)	(19.7)
Balance, value	(49.6)	(25.5)	(5.8)
Tax on other comprehensive income (loss) before reclassifications	2.7	2.9
Foreign Currency Translation Adjustment
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, value	(15.8)	(14.9)
Other comprehensive (loss) income before reclassifications	12.5	(0.9)
Amounts reclassified from accumulated other comprehensive loss	0	0
Net current period other comprehensive (loss) income	12.5	(0.9)
Balance, value	(3.3)	(15.8)	(14.9)
Net unrealized foreign currency translation gain (loss)	(6)	1.2
Retirement Benefit Adjustment
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, value	(24.1)	(20.9)
Other comprehensive (loss) income before reclassifications	(1.4)	(3.7)
Amounts reclassified from accumulated other comprehensive loss	1.4	0.5
Net current period other comprehensive (loss) income	0	(3.2)
Balance, value	(24.1)	(24.1)	(20.9)
Accumulated Other Comprehensive Loss
Changes in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, value	(65.4)	(41.6)	(30.6)
Other comprehensive (loss) income before reclassifications	(30.3)	(17.1)
Amounts reclassified from accumulated other comprehensive loss	18.7	(6.7)
Net current period other comprehensive (loss) income	(11.6)	(23.8)
Balance, value	$ (77)	$ (65.4)	$ (41.6)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive (Loss) Income - Reclassification from OCI (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jan. 01, 2021	Sep. 25, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net sales	$ 1,002.3	$ 989.7	$ 1,092.3	$ 1,118	$ 1,025.2	$ 1,070.2	$ 1,239.4	$ 1,154.2	$ 4,202.3	$ 4,489	$ 4,493.9
Cost of products sold									(3,951.4)	(4,182.6)	(4,208)
Interest expense									(21.4)	(25.4)	(23.6)
Selling, general and administrative expenses									(196.2)	(201.5)	$ (200.8)
Reclassification out of Accumulated Other Comprehensive Income | Changes in Fair Value of Cash Flow Hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net sales									7	(8.1)
Cost of products sold									0.3	(1.5)
Interest expense									9	2.4
Total									17.3	(7.2)
Reclassification out of Accumulated Other Comprehensive Income | Changes in Fair Value of Cash Flow Hedges | Price Risk Derivative
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold									0.6	0
Reclassification out of Accumulated Other Comprehensive Income | Retirement Benefit Adjustment
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other expense (income), net									1.4	0.5
Total									1.4	0.5
Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent | Not Designated as Hedging Instrument
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of products sold									0.2	0
Other expense (income), net									$ 0.2	$ 0

Retirement and Other Employee_3

Retirement and Other Employee Benefits - Reconciliation of Benefit Obligations, Plan Assets and Funded Status for Defined Benefit Pension Plans and Post-Retirement Plans (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Change in Plan Assets:
Beginning fair value	$ 13
Ending fair value		$ 13
Amounts recognized in Accumulated other comprehensive loss:
Net gains occurring during the year	5.2	5.9
Foreign Plan | Pension plans
Amounts recognized in Accumulated other comprehensive loss:
Net gains occurring during the year	2.5	1.3
United States | Pension plans
Change in Benefit Obligation:
Beginning benefit obligation	16	15.2
Service cost	0	0	$ 0
Interest cost	0.5	0.6	0.5
Actuarial loss (gain)	1.2	1.5
Benefits paid	(1.3)	(1.3)
Exchange rate changes	0	0
Settlement gain	0	0
Plan amendment	0	0
Ending benefit obligation	16.4	16	15.2
Change in Plan Assets:
Beginning fair value	13	11.9
Actual return on plan assets	1.4	2.2
Company contributions	0.6	0.2
Effect of settlements	0	0
Benefits paid	(1.3)	(1.3)
Exchange rate changes	0	0
Ending fair value	13.7	13	11.9
Amounts recognized in the Consolidated Balance Sheets:
Accounts payable and accrued expenses (current liability)	0	0
Retirement benefits liability (noncurrent liability)	2.7	3
Net amount recognized in the Consolidated Balance Sheets	2.7	3
Amounts recognized in Accumulated other comprehensive loss:
Net actuarial loss	(9.6)	(9.3)
Net amount recognized in accumulated other comprehensive loss	(9.6)	(9.3)	(9.4)
Net gains occurring during the year	0.8	0.3
United Kingdom | Pension plans
Change in Benefit Obligation:
Beginning benefit obligation	58.9	58.4
Service cost	0	0	0
Interest cost	1.1	1.4	1.5
Actuarial loss (gain)	8.6	3.6
Benefits paid	(1.8)	(1.9)
Exchange rate changes	2.1	1.8
Settlement gain	0	(4.4)
Plan amendment	0.1	0	1.4
Ending benefit obligation	69	58.9	58.4
Change in Plan Assets:
Beginning fair value	58	52.3
Actual return on plan assets	7	8.4
Company contributions	1.8	1.8
Effect of settlements	0	(4.4)
Benefits paid	(1.8)	(1.9)
Exchange rate changes	2.1	1.8
Ending fair value	67.1	58	52.3
Amounts recognized in the Consolidated Balance Sheets:
Accounts payable and accrued expenses (current liability)	0	0
Retirement benefits liability (noncurrent liability)	1.8	0.9
Net amount recognized in the Consolidated Balance Sheets	1.8	0.9
Amounts recognized in Accumulated other comprehensive loss:
Net actuarial loss	(7.4)	(4.6)
Net amount recognized in accumulated other comprehensive loss	(7.4)	(4.6)	(7.7)
Net gains occurring during the year	2.9	(3)
Central America | Post-retirement plans
Change in Benefit Obligation:
Beginning benefit obligation	71.1	61.2
Service cost	6.3	5.4	5.9
Interest cost	4.2	4.7	4
Actuarial loss (gain)	(4.7)	6.6
Benefits paid	(6.9)	(8.1)
Exchange rate changes	(2)	1.3
Settlement gain	0	0
Plan amendment	0	0
Ending benefit obligation	68	71.1	61.2
Change in Plan Assets:
Beginning fair value	0	0
Actual return on plan assets	0	0
Company contributions	6.9	8.1
Effect of settlements	0	0
Benefits paid	(6.9)	(8.1)
Exchange rate changes	0	0
Ending fair value	0	0	0
Amounts recognized in the Consolidated Balance Sheets:
Accounts payable and accrued expenses (current liability)	8.3	8.2
Retirement benefits liability (noncurrent liability)	59.7	62.9
Net amount recognized in the Consolidated Balance Sheets	68	71.1
Amounts recognized in Accumulated other comprehensive loss:
Net actuarial loss	(7.5)	(13.1)
Net amount recognized in accumulated other comprehensive loss	(7.5)	(13.1)	$ (6.4)
Net gains occurring during the year	$ (4.7)	$ 6.6

Retirement and Other Employee_4

Retirement and Other Employee Benefits - Roll Forward of AOCI Balances (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
(Decrease) Increase In Accumulated Other Comprehensive Income Loss Before Tax [Roll Forward]
Net (losses) gains occurring during the year	$ (5.2)	$ (5.9)
Pension plans | Foreign Plan
(Decrease) Increase In Accumulated Other Comprehensive Income Loss Before Tax [Roll Forward]
Net (losses) gains occurring during the year	(2.5)	(1.3)
Pension plans | United States
(Decrease) Increase In Accumulated Other Comprehensive Income Loss Before Tax [Roll Forward]
AOCI (loss) at beginning of plan year	(9.3)	(9.4)
Amortization of net losses recognized during the year	0.5	0.4
Net (losses) gains occurring during the year	(0.8)	(0.3)
Currency exchange rate changes	0	0
AOCI (loss) at end of plan year	(9.6)	(9.3)
Pension plans | United Kingdom
(Decrease) Increase In Accumulated Other Comprehensive Income Loss Before Tax [Roll Forward]
AOCI (loss) at beginning of plan year	(4.6)	(7.7)
Amortization of net losses recognized during the year	0.1	0.1
Net (losses) gains occurring during the year	(2.9)	3
Currency exchange rate changes	0	0
AOCI (loss) at end of plan year	(7.4)	(4.6)
Post-retirement plans | Central America
(Decrease) Increase In Accumulated Other Comprehensive Income Loss Before Tax [Roll Forward]
AOCI (loss) at beginning of plan year	(13.1)	(6.4)
Amortization of net losses recognized during the year	0.7	0.1
Net (losses) gains occurring during the year	4.7	(6.6)
Currency exchange rate changes	0.2	(0.2)
AOCI (loss) at end of plan year	$ (7.5)	$ (13.1)

Retirement and Other Employee_5

Retirement and Other Employee Benefits - Net Periodic Pension Cost of Defined Benefit Pension and Post-Retirement Benefit Plans (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Pension plans | United States
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 0	$ 0
Interest cost	0.5	0.6	0.5
Expected return on assets	(1)	(1)	(1)
Net amortization	0.5	0.4	0.4
Settlement loss	0	0	0
Net periodic cost (income)	0	0	(0.1)
Pension plans | United Kingdom
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0	0
Interest cost	1.1	1.4	1.5
Expected return on assets	(1.5)	(2)	(2.5)
Net amortization	0.1	0.1	(0.4)
Settlement loss	0	0.4	0
Net periodic cost (income)	(0.3)	(0.1)	(1.4)
Post-retirement plans | Central America
Defined Benefit Plan Disclosure [Line Items]
Service cost	6.3	5.4	5.9
Interest cost	4.2	4.7	4
Expected return on assets	0	0	0
Net amortization	0.7	0.1	0.8
Settlement loss	0	0	0
Net periodic cost (income)	$ 11.2	$ 10.2	$ 10.7

Retirement and Other Employee_6

Retirement and Other Employee Benefits - Assumptions Used in the Calculation of Benefit Obligations and Net Periodic Pension Costs of U.S. and U.K. Defined Benefit Pension Plans and Central American Plans (Detail)	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Pension plans | United States
Defined Benefit Plan Disclosure [Line Items]
Weighted average discount rate	2.15%	3.00%	4.10%
Rate of increase in compensation levels	0.00%	0.00%	0.00%
Weighted average discount rate	3.00%	4.10%	3.45%
Rate of increase in compensation levels	0.00%	0.00%	0.00%
Expected long-term rate of return on assets	7.50%	7.50%	7.50%
Pension plans | United Kingdom
Defined Benefit Plan Disclosure [Line Items]
Weighted average discount rate	1.40%	2.00%	2.80%
Rate of increase in compensation levels	0.00%	0.00%	0.00%
Weighted average discount rate	2.00%	2.80%	2.45%
Rate of increase in compensation levels	0.00%	0.00%	0.00%
Expected long-term rate of return on assets	2.58%	4.22%	4.22%
Post-retirement plans | Central America
Defined Benefit Plan Disclosure [Line Items]
Weighted average discount rate	7.98%	6.27%	8.06%
Rate of increase in compensation levels	4.74%	4.71%	4.75%
Weighted average discount rate	6.27%	8.12%	6.51%
Rate of increase in compensation levels	4.74%	4.71%	4.75%
Expected long-term rate of return on assets	0.00%	0.00%	0.00%

Retirement and Other Employee_7

Retirement and Other Employee Benefits - Expected Benefit Payments (Detail) $ in Millions	Jan. 01, 2021USD ($)
Pension plans | United States
Expected benefit payments for:
2019	$ 1.2
2020	1.2
2021	1.1
2022	1.1
2023	1.1
Next 5 years	4.7
Expected benefit payments over the next 10 years	10.4
Pension plans | United Kingdom
Expected benefit payments for:
2019	1.9
2020	2
2021	2.1
2022	2.4
2023	2.3
Next 5 years	13.2
Expected benefit payments over the next 10 years	23.9
Post-retirement plans | Central America
Expected benefit payments for:
2019	8.3
2020	6.4
2021	6.4
2022	7.3
2023	7.1
Next 5 years	29.3
Expected benefit payments over the next 10 years	$ 64.8

Retirement and Other Employee_8

Retirement and Other Employee Benefits - Fair Values of Plan Assets by Asset Category (Detail) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		$ 13
Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		5.6
Value securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		2.9
Growth securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		4.5
Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		13
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		5.6
Quoted Prices in Active Markets for Identical Assets (Level 1) | Value securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		2.9
Quoted Prices in Active Markets for Identical Assets (Level 1) | Growth securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		4.5
Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		0
Significant Observable Inputs (Level 2) | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		0
Significant Observable Inputs (Level 2) | Value securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		0
Significant Observable Inputs (Level 2) | Growth securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		0
Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		0
Significant Unobservable Inputs (Level 3) | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		0
Significant Unobservable Inputs (Level 3) | Value securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		0
Significant Unobservable Inputs (Level 3) | Growth securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets		0
United States | Pension plans
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	$ 13.7	13	$ 11.9
United States | Pension plans | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	5.2
United States | Pension plans | Value securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	2.8
United States | Pension plans | Growth securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	5.7
United States | Pension plans | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	13.7
United States | Pension plans | Quoted Prices in Active Markets for Identical Assets (Level 1) | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	5.2
United States | Pension plans | Quoted Prices in Active Markets for Identical Assets (Level 1) | Value securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	2.8
United States | Pension plans | Quoted Prices in Active Markets for Identical Assets (Level 1) | Growth securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	5.7
United States | Pension plans | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0
United States | Pension plans | Significant Observable Inputs (Level 2) | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0
United States | Pension plans | Significant Observable Inputs (Level 2) | Value securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0
United States | Pension plans | Significant Observable Inputs (Level 2) | Growth securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0
United States | Pension plans | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0
United States | Pension plans | Significant Unobservable Inputs (Level 3) | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0
United States | Pension plans | Significant Unobservable Inputs (Level 3) | Value securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0
United States | Pension plans | Significant Unobservable Inputs (Level 3) | Growth securities
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0
United Kingdom | Pension plans
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	67.1	58	$ 52.3
United Kingdom | Pension plans | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0.4	0.5
United Kingdom | Pension plans | Diversified growth funds
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	18.1	16.7
United Kingdom | Pension plans | Other international companies
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	10	9.2
United Kingdom | Pension plans | United Kingdom government bonds
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	14	13
United Kingdom | Pension plans | Liability-driven investments
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	24.6	18.6
United Kingdom | Pension plans | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0.4	0.5
United Kingdom | Pension plans | Quoted Prices in Active Markets for Identical Assets (Level 1) | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0.4	0.5
United Kingdom | Pension plans | Quoted Prices in Active Markets for Identical Assets (Level 1) | Diversified growth funds
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0	0
United Kingdom | Pension plans | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other international companies
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0	0
United Kingdom | Pension plans | Quoted Prices in Active Markets for Identical Assets (Level 1) | United Kingdom government bonds
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0	0
United Kingdom | Pension plans | Quoted Prices in Active Markets for Identical Assets (Level 1) | Liability-driven investments
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0	0
United Kingdom | Pension plans | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	66.7	57.5
United Kingdom | Pension plans | Significant Observable Inputs (Level 2) | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0	0
United Kingdom | Pension plans | Significant Observable Inputs (Level 2) | Diversified growth funds
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	18.1	16.7
United Kingdom | Pension plans | Significant Observable Inputs (Level 2) | Other international companies
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	10	9.2
United Kingdom | Pension plans | Significant Observable Inputs (Level 2) | United Kingdom government bonds
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	14	13
United Kingdom | Pension plans | Significant Observable Inputs (Level 2) | Liability-driven investments
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	24.6	18.6
United Kingdom | Pension plans | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0	0
United Kingdom | Pension plans | Significant Unobservable Inputs (Level 3) | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0	0
United Kingdom | Pension plans | Significant Unobservable Inputs (Level 3) | Diversified growth funds
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0	0
United Kingdom | Pension plans | Significant Unobservable Inputs (Level 3) | Other international companies
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0	0
United Kingdom | Pension plans | Significant Unobservable Inputs (Level 3) | United Kingdom government bonds
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	0	0
United Kingdom | Pension plans | Significant Unobservable Inputs (Level 3) | Liability-driven investments
Defined Benefit Plan Disclosure [Line Items]
Fair values of plan assets	$ 0	$ 0

Retirement and Other Employee_9

Retirement and Other Employee Benefits - Narrative (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net gains occurring during the year	$ 5.2	$ 5.9
Retirement benefits	$ 99	98.1
Equity Securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan asset target allocation percentage	15.00%
Fixed income securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan asset target allocation percentage	21.00%
Diversified growth funds
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan asset target allocation percentage	27.00%
Liability-driven investments
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan asset target allocation percentage	36.00%
Foreign Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Retirement benefits	$ 22.2	18
Pension plans | Foreign Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net gains occurring during the year	2.5	1.3
Pension plans | United States
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Expected contributions in next fiscal year	0.3
Plan amendment due to GMP equalization	0	0
Net gains occurring during the year	0.8	0.3
Net periodic pension costs	0	0	$ (0.1)
Expected future benefit payments, thereafter	4.7
Pension plans | United Kingdom
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Expected contributions in next fiscal year	1.8
Payments to members electing transfer out of benefit plan	4.2
Payments for transfers to members electing out of benefit plan	3.8
Payments for enhancements to members electing out of benefit plan	0.4
Plan amendment due to GMP equalization	0.1	0	1.4
Net gains occurring during the year	2.9	(3)
Net periodic pension costs	(0.3)	(0.1)	(1.4)
Expected future benefit payments, thereafter	13.2
Post-retirement plans | Foreign Plan | Former Executives
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Retirement benefits	2.3	2.3
Post-retirement plans | United States
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined contribution plan expense	1.4	1.3	1.1
Post-retirement plans | Central America
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan amendment due to GMP equalization	0	0
Net gains occurring during the year	(4.7)	6.6
Net periodic pension costs	11.2	10.2	10.7
Expected future benefit payments, thereafter	29.3
Post-retirement plans | Kenya
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accrued benefits	8.2	8.6
Net gains occurring during the year	(2.1)	(2.6)
Net periodic pension costs	1.5	1.3	1.2
Expected future benefit payments, next five years	4.5
Expected future benefit payments, thereafter	4.6
Supplemental unemployment benefits | Central America
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accrued benefits	3.3	3.7
Net gains occurring during the year	0.4	$ 0.5
Net periodic pension costs	0		$ 0.1
Expected future benefit payments, next five years	2.6
Expected future benefit payments, thereafter	$ 0.8
Minimum | Equity Securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan asset target allocation percentage	50.00%
Minimum | Fixed income securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan asset target allocation percentage	30.00%
Maximum | Equity Securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan asset target allocation percentage	70.00%
Maximum | Fixed income securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Plan asset target allocation percentage	50.00%

Share-Based Compensation - Expe

Share-Based Compensation - Expense Included in Selling, General and Administrative Expenses Related to Stock Options and Restricted Stock Awards (Detail) - Selling, General and Administrative Expenses - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 7.5	$ 8.4	$ 11.5
Stock options
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	0	0	0.1
RSUs/PSUs
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	7.2	7.4	10.3
RSAs
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 0.3	$ 1	$ 1.1

Share-Based Compensation - Rest

Share-Based Compensation - Restricted Stock Units, PSU and RSU Awards (Details) - $ / shares	Dec. 01, 2020	Apr. 28, 2020	Apr. 10, 2020	Mar. 30, 2020	Mar. 23, 2020	Mar. 02, 2020	Jan. 02, 2020	Jul. 31, 2019	May 01, 2019	Mar. 25, 2019	Feb. 20, 2019	Jan. 02, 2019	Aug. 02, 2018	Jun. 25, 2018	Feb. 21, 2018	Jan. 02, 2018
Restricted Stock | Non Employee Directors Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares awarded (shares)			235				7,374		2,830			30,891	1,687			21,304
Price per share (usd per share)			$ 32				$ 34.42		$ 29.44			$ 28.32	$ 49.38			$ 46.93
PSU | 2014 Omnibus Share Incentive Plan (2014 Plan)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares awarded (shares)						86,954		4,250			85,000				85,000
Price per share (usd per share)						$ 28.74		$ 30.33			$ 27.71				$ 46.35
RSU | 2014 Omnibus Share Incentive Plan (2014 Plan)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares awarded (shares)	10,000	21,348		2,500	2,500	161,093				5,000	133,750			2,000	125,000
Price per share (usd per share)	$ 25.16	$ 35.13		$ 29.61	$ 33.53	$ 28.74				$ 26.55	$ 27.71			$ 44.78	$ 46.35

Share-Based Compensation - RSU

Share-Based Compensation - RSU and PSU Activity (Details) - RSUs/PSUs - $ / shares	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Number of Shares
RSUs/PSUs outstanding at beginning of period (shares)	414,607	602,295	761,152
Granted (shares)	290,253	230,037	138,531
Converted (shares)	(167,888)	(384,717)	(279,440)
Canceled (shares)	(51,399)	(33,008)	(17,948)
RSUs/PSUs outstanding at end of period (shares)	485,573	414,607	602,295
Vested as of end of period (shares)	87,809	52,903	249,767
Weighted Average Grant Date Fair Value
RSUs/PSUs outstanding at beginning of period (usd per share)	$ 38.09	$ 42.39	$ 41.13
Granted (usd per share)	29.22	27.83	46.10
Converted (usd per share)	40.54	37.65	41.31
Canceled (usd per share)	32.70	42.93	50.40
RSUs/PSUs outstanding at end of period (usd per share)	32.55	38.09	42.39
Vested as of end of period (usd per share)	$ 37.33	$ 32.65	$ 31.28

Share-Based Compensation - RSUs

Share-Based Compensation - RSUs / PSUs Outstanding (Details) - RSUs/PSUs - shares	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018	Dec. 29, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding (shares)	485,573	414,607	602,295	761,152
Vested (shares)	87,809	52,903	249,767

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) $ / shares in Units, $ in Millions	Apr. 10, 2020$ / sharesshares	Jan. 02, 2020$ / sharesshares	May 01, 2019$ / sharesshares	Jan. 02, 2019$ / sharesshares	Aug. 02, 2018$ / sharesshares	Jan. 02, 2018$ / sharesshares	Jan. 01, 2021USD ($)tranche$ / sharesshares	Dec. 27, 2019USD ($)$ / sharesshares	Dec. 28, 2018USD ($)$ / sharesshares	Dec. 29, 2017shares	Apr. 30, 2014shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from stock options exercised | $							$ 0	$ 1.1	$ 0.8
RSUs/PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total remaining unrecognized compensation cost related to non-vested stock options | $							$ 7.1
Compensation cost not yet recognized, period for recognition							1 year 10 months 24 days
Number of shares awarded (shares)							290,253	230,037	138,531
Price per share (usd per share) | $ / shares							$ 29.22	$ 27.83	$ 46.10
RSUs/PSUs outstanding (shares)							485,573	414,607	602,295	761,152
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period							4 years
Number of vesting installments							4 years
Number of vesting tranches | tranche							1
PUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of vesting installments							3 years
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights percentage							50.00%
Maximum | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of award units granted, range							100.00%
Minimum | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of award units granted, range							0.00%
2014 Omnibus Share Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of ordinary shares that may be covered by awards (shares)											3,000,000
Number of shares issued per RSU/PSU (in shares)							1
2014 Omnibus Share Incentive Plan | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights percentage							20.00%
Percentage of awards that vest immediately							20.00%
2011 Omnibus Share Incentive Plan | Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period							4 years
Non Employee Directors Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares awarded (shares)	235	7,374	2,830	30,891	1,687	21,304
Price per share (usd per share) | $ / shares	$ 32	$ 34.42	$ 29.44	$ 28.32	$ 49.38	$ 46.93
Immediate Vesting | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights percentage							50.00%
Six-month Anniversary Upon Ceasing to be Member of Board of Directors | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period							6 months

Commitments and Contingencies (

Commitments and Contingencies (Detail) $ in Millions	Aug. 02, 2020USD ($)	Mar. 14, 2019USD ($)	Mar. 27, 2020USD ($)	Dec. 27, 2019USD ($)	Jan. 01, 2021USD ($)	Dec. 27, 2019USD ($)	Dec. 28, 2018USD ($)	Dec. 28, 2018USD ($)vessel
Commitments and Contingencies Disclosure [Line Items]
Total purchases under agreements to purchase certain products of our independent growers					$ 744.9	$ 691.8	$ 763.9
Kunia Well Site cleanup operation, accrual expected to be paid in the second year					1.1
Kunia Well Site cleanup operation, accrual expected to be paid in the third year					0.9
Kunia Well Site cleanup operation, accrual expected to be paid in the fourth year					0.9
Award from litigation settlement		$ 17
Gain on litigation settlement		16
Litigation expense		$ 1
Estimated Litigation Liability, Current	$ 1
Non-Compliance With Regulations [Member]
Commitments and Contingencies Disclosure [Line Items]
Award from litigation settlement	2
Estimated Litigation Liability, Current	$ 1
Capital Addition Purchase Commitments
Commitments and Contingencies Disclosure [Line Items]
Number of refrigerated container ships | vessel								6
Payments due in 2021					41.3
Mann Packing | Net sales
Commitments and Contingencies Disclosure [Line Items]
Customer claims and other charges from recalled vegetable products				$ 6
Mann Packing | Cost of sales
Commitments and Contingencies Disclosure [Line Items]
Customer claims and other charges from recalled vegetable products			$ 4.4
Kunia Well Site
Commitments and Contingencies Disclosure [Line Items]
Kunia Well Site cleanup operation, undiscounted estimated remediation costs associated with the cleanup							13	$ 13
Kunia Well Site cleanup operation, accrual expected to be paid in the next 12 months					0.4
Kunia Well Site cleanup operation, accrual expected to be paid in the fifth year					$ 0.9
Kunia Well Site | Minimum
Commitments and Contingencies Disclosure [Line Items]
Kunia Well Site cleanup operation, undiscounted estimated remediation costs associated with the cleanup							13	13
Kunia Well Site | Maximum
Commitments and Contingencies Disclosure [Line Items]
Kunia Well Site cleanup operation, undiscounted estimated remediation costs associated with the cleanup							28.7	28.7
Other noncurrent liabilities | Kunia Well Site
Commitments and Contingencies Disclosure [Line Items]
Kunia Well Site cleanup operation, undiscounted estimated remediation costs associated with the cleanup							12.7	12.7
Accounts payable and accrued expenses current | Kunia Well Site
Commitments and Contingencies Disclosure [Line Items]
Kunia Well Site cleanup operation, undiscounted estimated remediation costs associated with the cleanup							$ 0.3	$ 0.3

Derivative Financial Instrume_3

Derivative Financial Instruments - Narrative (Detail) - USD ($)	Jan. 01, 2021	Dec. 27, 2019
Derivative [Line Items]
Derivative, net liability position	$ 59,600,000
Derivative, collateral posted	0
Price Risk Derivative Liabilities, at Fair Value	200,000	$ 0
Prepaid expenses and other current assets
Derivative [Line Items]
Foreign currency forward contracts, liabilities	1,300,000	1,700,000
Prepaid expenses and other current assets | Not Designated as Hedging Instrument
Derivative [Line Items]
Price Risk Derivative Liabilities, at Fair Value	1,300,000
Accounts payable and accrued expenses
Derivative [Line Items]
Price Risk Derivative Liabilities, at Fair Value	200,000	0
Accounts payable and accrued expenses | Not Designated as Hedging Instrument
Derivative [Line Items]
Price Risk Derivative Liabilities, at Fair Value	300,000
Interest Rate Contract
Derivative [Line Items]
Notional amount	400,000,000
2024 | Interest Rate Contract
Derivative [Line Items]
Notional amount	200,000,000
2028 | Interest Rate Contract
Derivative [Line Items]
Notional amount	200,000,000
Significant Observable Inputs (Level 2) | Fair Value Measurements, Recurring Basis
Derivative [Line Items]
Foreign currency forward contracts, liabilities	$ (6,900,000)	$ 1,000,000

Derivative Financial Instrume_4

Derivative Financial Instruments - Outstanding Foreign Currency Forward Contracts that were Entered into to Hedge Forecasted Cash Flows (Detail) € in Millions, ₩ in Millions, ₡ in Millions, ¥ in Millions, £ in Millions, Ksh in Millions, $ in Millions, $ in Millions

12 Months Ended

Jan. 01, 2021USD ($)

Dec. 27, 2019USD ($)

Dec. 28, 2018USD ($)

Jan. 01, 2021GBP (£)

Jan. 01, 2021CLP ($)

Jan. 01, 2021EUR (€)

Jan. 01, 2021JPY (¥)

Jan. 01, 2021CRC (₡)

Jan. 01, 2021KRW (₩)

Jan. 01, 2021KES (Ksh)

Jan. 01, 2021bbl

Jan. 01, 2021t

Derivative [Line Items]

Other expense (income), net | $

$ (4.5)

$ 0.9

$ (15.7)

Not Designated as Hedging Instrument

Derivative [Line Items]

Derivative, Nonmonetary Notional Amount

22,715

20,963

Foreign Exchange Contract

Derivative [Line Items]

Derivative, Notional Amount

£ 18.4

$ 34,789.6

€ 123.1

¥ 7,608.2

₡ 20,512.8

₩ 50,862.5

Ksh 3,522.4

Fuel Hedges, 0.5% US Gulf Coast

Derivative [Line Items]

Derivative, Nonmonetary Notional Amount | bbl

33,815

Fuel Hedges, 0.5% US Gulf Coast | Not Designated as Hedging Instrument

Derivative [Line Items]

Other expense (income), net | $

$ 2.6

Fuel Hedges, 3% US Gulf Coast

Derivative [Line Items]

Derivative, Nonmonetary Notional Amount | t

41,605

Fuel Hedges, 0.5% Singapore

Derivative [Line Items]

Derivative, Nonmonetary Notional Amount | t

28,412

Derivative Financial Instrume_5

Derivative Financial Instruments - Fair Values of Derivative Instruments (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Derivatives, Fair Value [Line Items]
Bunker Fuel Hedge	$ 1.6	$ 0
Total	3.2	1.7
Foreign currency forward contracts, liability	8.5	0.7
Interest rate swaps, liability	50.6	30.3
Total	59.3	31
Fair value of hedges recognized as a net loss in AOCI that will be transferred to earnings during the next 12 months	15.9
Interest rate cash flow hedge gain (loss) to be reclassified during next 8 years	$ 40
Reclassification period	8 years
Foreign Currency Cash Flow Hedge Asset at Fair Value	$ 1.6	1.7
Price Risk Derivative Liabilities, at Fair Value	0.2	0
Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Foreign currency forward contracts, assets	1.3	1.7
Bunker Fuel Hedge	1.6	0
Total	2.9	1.7
Accounts payable and accrued expenses
Derivatives, Fair Value [Line Items]
Foreign currency forward contracts, liability	8.5	0.7
Interest rate swaps, liability	0	0
Total	8.7	0.7
Price Risk Derivative Liabilities, at Fair Value	0.2	0
Other noncurrent liabilities
Derivatives, Fair Value [Line Items]
Foreign currency forward contracts, liability	0	0
Interest rate swaps, liability	50.6	30.3
Total	50.6	30.3
Price Risk Derivative Liabilities, at Fair Value	0	0
Other noncurrent assets
Derivatives, Fair Value [Line Items]
Foreign currency forward contracts, assets	0.3	0
Bunker Fuel Hedge	0	0
Total	$ 0.3	$ 0

Derivative Financial Instrume_6

Derivative Financial Instruments - Effect of Derivative Instruments on the Consolidated Statements of Income (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Loss) Gain Recognized in Other Comprehensive Income	$ (24.1)	$ (19.7)
Amount of (Loss) Gain Reclassified from AOCI into Income	(17.1)	7.2
Foreign Exchange Contract | Net sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Loss) Gain Recognized in Other Comprehensive Income	(6.9)	(0.1)
Amount of (Loss) Gain Reclassified from AOCI into Income	(7)	8.1
Foreign Exchange Contract | Cost of products sold
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Loss) Gain Recognized in Other Comprehensive Income	(1)	0.2
Amount of (Loss) Gain Reclassified from AOCI into Income	(0.3)	1.5
Interest rate swaps, net of tax | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Loss) Gain Recognized in Other Comprehensive Income	(17.9)	(19.8)
Amount of (Loss) Gain Reclassified from AOCI into Income	(9)	(2.4)
Price Risk Derivative | Cost of products sold
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Loss) Gain Recognized in Other Comprehensive Income	1.7	0
Amount of (Loss) Gain Reclassified from AOCI into Income	$ (0.8)	$ 0

Fair Value Measurements - Fair

Fair Value Measurements - Fair Values of Assets and Liabilities Measured on a Recurring Basis (Detail) - USD ($) $ in Millions	Jan. 01, 2021	Dec. 27, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Bunker Fuel Hedge	$ 1.6	$ 0
Fair Value Measurements, Recurring Basis | 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 cash flow hedge derivative at fair value, net	0	0
Interest rate contracts, net asset (liability)	0	0
Fair Value Measurements, Recurring Basis | Significant Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency cash flow hedge derivative at fair value, net	(6.9)	1
Interest rate contracts, net asset (liability)	(50.6)	(30.3)
Bunker Fuel Hedge	2.4
Fair Value Measurements, Recurring Basis | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency cash flow hedge derivative at fair value, net	0	0
Interest rate contracts, net asset (liability)	$ 0	$ 0

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Detail) - USD ($) $ in Millions	Feb. 23, 2021	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Gain on disposal of property, plant and equipment, net		$ 22.7
Asset impairment charges		11.8	$ 8.1	$ 35.1
Goodwill		$ 424	423.7	423.4
Percentage of voting interests acquired		25.00%
United States
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Proceeds from sale of assets held-for-sale		$ 3.4
United States | Subsequent Event
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Proceeds from sale of assets held-for-sale	$ 3.4
Chile, Middle East, US [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Proceeds from sale of assets held-for-sale		34.8
Fresh and Value-Added Products
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill		359.5	359.3	358.9
Fresh and Value-Added Products | Underutilized assets | Central America
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset impairment charges			$ 0	0.5
Fresh and Value-Added Products | Underutilized assets | United States
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset impairment charges				$ 1
Property, Plant and Equipment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held-for-sale		18
Property, Plant and Equipment | Saudi Arabia and Mexico
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held-for-sale		6.3
Property, Plant and Equipment | Chile
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held-for-sale		4.7
Property, Plant and Equipment | United States
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held-for-sale		0.8
Property, Plant and Equipment | Middle East
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held-for-sale		0.4
Property, Plant and Equipment | Asia and Central America
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held-for-sale		5.8
Equity Investment | Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset impairment charges		$ 2.9

Related Party Transactions (Det

Related Party Transactions (Detail) $ in Millions	12 Months Ended
	Jan. 01, 2021USD ($)subsidiary	Dec. 27, 2019USD ($)	Dec. 28, 2018USD ($)
Related Party Transaction [Line Items]
Receivables from related parties	$ 0	$ 0.1
Payables to related parties	21.9	47.4
Distributions to noncontrolling interests	6.9	4.8	$ 2.7
Due to related party	8.5	10.5
Purchases from unconsolidated companies	130.3	158.4	133.5
Related Party Costs	1.4	1.3
Revenue from related parties	0.1	0.7
Mann Packing
Related Party Transaction [Line Items]
Related party expenses	7.5	8.3
Chairman and Chief Executive Officer
Related Party Transaction [Line Items]
Related party expenses	$ 1.3	2.2	2.3
Affiliated Entity | Mann Packing
Related Party Transaction [Line Items]
Number of subsidiaries | subsidiary	1
Payables to related parties	$ 21.1	46.9
Related party expenses	$ 125	$ 150.9	$ 124.6

Unaudited Quarterly Financial_3

Unaudited Quarterly Financial Information (Details) - USD ($) $ / shares in Units, $ in Millions	Dec. 04, 2020	Sep. 04, 2020	Jun. 05, 2020	Mar. 27, 2020	Dec. 06, 2019	Sep. 06, 2019	Jan. 01, 2021	Sep. 25, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Quarterly Financial Data [Abstract]
Net sales							$ 1,002.3	$ 989.7	$ 1,092.3	$ 1,118	$ 1,025.2	$ 1,070.2	$ 1,239.4	$ 1,154.2	$ 4,202.3	$ 4,489	$ 4,493.9
Gross profit							36.4	67.3	78.7	68.5	37.5	76.2	97.6	95.1	250.9	306.4	285.9
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest							(1)	16.2	18.1	13	(25.1)	18.2	39	37.2	46.3	69.3	(15.9)
Net income attributable to Fresh Del Monte Produce Inc.							$ 0.9	$ 17.4	$ 17.9	$ 13	$ (25.8)	$ 18.1	$ 38.1	$ 36.1	$ 49.2	$ 66.5	$ (21.9)
Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc. - Basic							$ 0.02	$ 0.37	$ 0.38	$ 0.27	$ (0.54)	$ 0.38	$ 0.79	$ 0.74	$ 1.03	$ 1.38	$ (0.45)
Net income (loss) per ordinary share attributable to Fresh Del Monte Produce Inc. - Diluted							0.02	0.37	0.38	0.27	(0.54)	0.38	0.78	0.74	1.03	1.37	(0.45)
Dividends declared per ordinary share (usd per share)	$ 0.10	$ 0.05	$ 0.05	$ 0.10	$ 0.08	$ 0.06	$ 0.10	$ 0.05	$ 0.05	$ 0.10	$ 0.08	$ 0.06	$ 0	$ 0	$ 0.30	$ 0.14	$ 0.60
Antidilutive options and awards (shares)															55,153	124,448	851,645
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Gross Profit							$ 36.4	$ 67.3	$ 78.7	$ 68.5	$ 37.5	$ 76.2	$ 97.6	$ 95.1	$ 250.9	$ 306.4	$ 285.9
Restatement Adjustment
Quarterly Financial Data [Abstract]
Gross profit																5.8	6.1
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Gross Profit																$ 5.8	$ 6.1

Business Segment Data - Narrati

Business Segment Data - Narrative (Detail) $ in Millions	3 Months Ended								12 Months Ended
	Jan. 01, 2021USD ($)	Sep. 25, 2020USD ($)	Jun. 26, 2020USD ($)	Mar. 27, 2020USD ($)	Dec. 27, 2019USD ($)	Sep. 27, 2019USD ($)	Jun. 28, 2019USD ($)	Mar. 29, 2019USD ($)	Jan. 01, 2021USD ($)segment	Dec. 27, 2019USD ($)	Dec. 28, 2018USD ($)
Segment Reporting Information [Line Items]
Gross Profit	$ 36.4	$ 67.3	$ 78.7	$ 68.5	$ 37.5	$ 76.2	$ 97.6	$ 95.1	$ 250.9	$ 306.4	$ 285.9
Number of reportable segments | segment									3
Banana
Segment Reporting Information [Line Items]
Gross Profit									$ 84.3	104.4	92.9
Other fresh produce
Segment Reporting Information [Line Items]
Gross Profit									$ 158.4	193.2	187.3
Restatement Adjustment
Segment Reporting Information [Line Items]
Gross Profit										5.8	6.1
Restatement Adjustment | Banana
Segment Reporting Information [Line Items]
Gross Profit										5.6	7.3
Restatement Adjustment | Banana | Selling, General and Administrative Expenses
Segment Reporting Information [Line Items]
Gross Profit										1.6	1.5
Restatement Adjustment | Other fresh produce | Selling, General and Administrative Expenses
Segment Reporting Information [Line Items]
Gross Profit										$ 4.2	$ 4.6
Property, Plant and Equipment | Costa Rica
Segment Reporting Information [Line Items]
Percentage of Net Sales									33.00%
Geographic Concentration Risk | Net sales | Walmart
Segment Reporting Information [Line Items]
Percentage of Net Sales									9.00%	9.00%	10.00%
Geographic Concentration Risk | Net sales | Top Ten Customers
Segment Reporting Information [Line Items]
Percentage of Net Sales									33.00%	30.00%	32.00%
Geographic Concentration Risk | Net sales | United States
Segment Reporting Information [Line Items]
Percentage of Net Sales									62.00%	65.00%	64.00%

Business Segment Data - Net Sal

Business Segment Data - Net Sales and Gross Profit by Product (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jan. 01, 2021	Sep. 25, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Segment Reporting Information [Line Items]
Net sales	$ 1,002.3	$ 989.7	$ 1,092.3	$ 1,118	$ 1,025.2	$ 1,070.2	$ 1,239.4	$ 1,154.2	$ 4,202.3	$ 4,489	$ 4,493.9
Gross Profit	36.4	$ 67.3	$ 78.7	$ 68.5	37.5	$ 76.2	$ 97.6	$ 95.1	250.9	306.4	285.9
Property, plant and equipment, net	1,420.3				1,403.2				1,420.3	1,403.2
Assets	3,343.3				3,349.9				3,343.3	3,349.9
Maritime equipment (including containers)
Segment Reporting Information [Line Items]
Property, plant and equipment, net	152.4				66.2				152.4	66.2
Assets	163.9				78				163.9	78
Corporate
Segment Reporting Information [Line Items]
Assets	96				96				96	96
North America
Segment Reporting Information [Line Items]
Net sales									2,601.7	2,923.8	2,871.3
Property, plant and equipment, net	226.5				238.7				226.5	238.7
Assets	889.3				925.3				889.3	925.3
Europe
Segment Reporting Information [Line Items]
Net sales									648.6	645.2	653.7
Property, plant and equipment, net	37.4				35.2				37.4	35.2
Assets	310.5				279.9				310.5	279.9
Middle East
Segment Reporting Information [Line Items]
Net sales									432.9	425.8	445.6
Property, plant and equipment, net	108.4				130.9				108.4	130.9
Assets	270.6				301.4				270.6	301.4
Asia
Segment Reporting Information [Line Items]
Net sales									466.1	453	465.7
Property, plant and equipment, net	124.3				130.9				124.3	130.9
Assets	270.4				268				270.4	268
Other
Segment Reporting Information [Line Items]
Net sales									53	41.2	57.6
Africa
Segment Reporting Information [Line Items]
Property, plant and equipment, net	40.3				44.6				40.3	44.6
Assets	143				174.9				143	174.9
Central America
Segment Reporting Information [Line Items]
Property, plant and equipment, net	648.3				664.7				648.3	664.7
Assets	1,049.9				1,066.5				1,049.9	1,066.5
South America
Segment Reporting Information [Line Items]
Property, plant and equipment, net	76				84.8				76	84.8
Assets	149.7				159.9				149.7	159.9
Corporate
Segment Reporting Information [Line Items]
Property, plant and equipment, net	$ 6.7				$ 7.2				6.7	7.2
Fresh and Value-Added Products
Segment Reporting Information [Line Items]
Net sales									2,484.1	2,704.4	2,654.7
Gross Profit									158.4	193.2	187.3
Banana
Segment Reporting Information [Line Items]
Net sales									1,602.6	1,656	1,703.1
Gross Profit									84.3	104.4	92.9
Other Products and Services
Segment Reporting Information [Line Items]
Net sales									115.6	128.6	136.1
Gross Profit									$ 8.2	$ 8.8	$ 5.7

Business Segment Data - Net S_2

Business Segment Data - Net Sales By Product (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jan. 01, 2021	Sep. 25, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Segment Reporting Information [Line Items]
Net sales	$ 1,002.3	$ 989.7	$ 1,092.3	$ 1,118	$ 1,025.2	$ 1,070.2	$ 1,239.4	$ 1,154.2	$ 4,202.3	$ 4,489	$ 4,493.9
Fresh and Value-Added Products
Segment Reporting Information [Line Items]
Net sales									2,484.1	2,704.4	2,654.7
Fresh and Value-Added Products | Fresh-cut fruit
Segment Reporting Information [Line Items]
Net sales									$ 469	$ 524.4	$ 507.5
Percentage of Net Sales									11.00%	12.00%	11.00%
Fresh and Value-Added Products | Fresh-cut vegetables
Segment Reporting Information [Line Items]
Net sales									$ 383.8	$ 455.9	$ 419.8
Percentage of Net Sales									9.00%	10.00%	10.00%
Fresh and Value-Added Products | Pineapples
Segment Reporting Information [Line Items]
Net sales									$ 458.9	$ 454.8	$ 487.9
Percentage of Net Sales									11.00%	10.00%	11.00%
Fresh and Value-Added Products | Avocados
Segment Reporting Information [Line Items]
Net sales									$ 332	$ 380.7	$ 329.2
Percentage of Net Sales									8.00%	9.00%	8.00%
Fresh and Value-Added Products | Non-tropical fruit
Segment Reporting Information [Line Items]
Net sales									$ 210.6	$ 195.9	$ 226.7
Percentage of Net Sales									5.00%	4.00%	5.00%
Fresh and Value-Added Products | Prepared food
Segment Reporting Information [Line Items]
Net sales									$ 264.3	$ 279.6	$ 267.1
Percentage of Net Sales									6.00%	6.00%	6.00%
Fresh and Value-Added Products | Melons
Segment Reporting Information [Line Items]
Net sales									$ 75.5	$ 92.4	$ 107.8
Percentage of Net Sales									2.00%	2.00%	2.00%
Fresh and Value-Added Products | Tomatoes
Segment Reporting Information [Line Items]
Net sales									$ 40.5	$ 52.3	$ 62.5
Percentage of Net Sales									1.00%	1.00%	1.00%
Fresh and Value-Added Products | Vegetables
Segment Reporting Information [Line Items]
Net sales									$ 155.6	$ 176.6	$ 150.8
Percentage of Net Sales									4.00%	4.00%	3.00%
Fresh and Value-Added Products | Other fruit and vegetables
Segment Reporting Information [Line Items]
Net sales									$ 93.9	$ 91.8	$ 95.4
Percentage of Net Sales									2.00%	2.00%	2.00%
Banana
Segment Reporting Information [Line Items]
Net sales									$ 1,602.6	$ 1,656	$ 1,703.1
Other Products and Services
Segment Reporting Information [Line Items]
Net sales									$ 115.6	$ 128.6	$ 136.1
Net Sales
Segment Reporting Information [Line Items]
Percentage of Net Sales									100.00%	100.00%	100.00%
Net Sales | Fresh and Value-Added Products
Segment Reporting Information [Line Items]
Percentage of Net Sales									59.00%	60.00%	59.00%
Net Sales | Banana
Segment Reporting Information [Line Items]
Percentage of Net Sales									38.00%	37.00%	38.00%
Net Sales | Other Products and Services
Segment Reporting Information [Line Items]
Percentage of Net Sales									3.00%	3.00%	3.00%

Business Segment Data - Mann Pa

Business Segment Data - Mann Packing (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jan. 01, 2021	Sep. 25, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Segment Reporting Information [Line Items]
Net sales	$ 1,002.3	$ 989.7	$ 1,092.3	$ 1,118	$ 1,025.2	$ 1,070.2	$ 1,239.4	$ 1,154.2	$ 4,202.3	$ 4,489	$ 4,493.9
Gross Profit	$ 36.4	$ 67.3	$ 78.7	$ 68.5	$ 37.5	$ 76.2	$ 97.6	$ 95.1	250.9	306.4	285.9
Fresh and Value-Added Products
Segment Reporting Information [Line Items]
Net sales									2,484.1	2,704.4	2,654.7
Gross Profit									158.4	193.2	187.3
Totals
Segment Reporting Information [Line Items]
Net sales									115.6	128.6	136.1
Gross Profit									8.2	8.8	5.7
North America
Segment Reporting Information [Line Items]
Net sales									$ 2,601.7	$ 2,923.8	$ 2,871.3

Shareholders' Equity (Detail)

Shareholders' Equity (Detail) - USD ($)	Feb. 23, 2021	Dec. 04, 2020	Sep. 04, 2020	Jun. 05, 2020	Mar. 27, 2020	Dec. 06, 2019	Sep. 06, 2019	Feb. 21, 2018	Jan. 01, 2021	Sep. 25, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
Subsequent Event [Line Items]
Preferred shares, shares authorized (shares)									50,000,000				50,000,000				50,000,000	50,000,000
Preferred shares, par value (usd per share)									$ 0.01				$ 0.01				$ 0.01	$ 0.01
Preferred shares, issued (shares)									0				0				0	0
Ordinary shares, authorized (shares)									200,000,000				200,000,000				200,000,000	200,000,000
Ordinary shares, par value (usd per share)									$ 0.01				$ 0.01				$ 0.01	$ 0.01
Ordinary shares, issued (shares)									47,372,419				48,014,628				47,372,419	48,014,628
Ordinary shares, outstanding (shares)									47,372,419				48,014,628				47,372,419	48,014,628
Stock Repurchase Program:
Stock repurchase program, term								3 years
Stock repurchase program, authorized amount								$ 300,000,000
Stock repurchase program, value of ordinary shares repurchased and retired									$ 58,300,000								$ 58,300,000
Stock repurchase program, ordinary shares repurchased and retired (shares)									2,294,829								2,294,829
Common stock repurchase program, maximum remaining amount									$ 241,700,000								$ 241,700,000
Ordinary shares issued/ (retired) as a result of:
Stock repurchased during period (shares)																	(841,235)	(723,062)
Stock repurchase program, ordinary shares value																	$ 20,800,000	$ 17,800,000
Stock repurchase program, average purchase price (usd per share)																	$ 24.71	$ 24.68
Dividends:
Dividends declared per ordinary share (usd per share)		$ (0.10)	$ (0.05)	$ (0.05)	$ (0.10)	$ (0.08)	$ (0.06)		$ (0.10)	$ (0.05)	$ (0.05)	$ (0.10)	$ (0.08)	$ (0.06)	$ 0	$ 0	$ (0.30)	$ (0.14)	$ (0.60)
Payments of dividends, common stock																	$ 14,300,000	$ 6,700,000	$ 29,000,000
Subsequent Event
Stock Repurchase Program:
Stock repurchase program, ordinary shares repurchased and retired (shares)	0
Dividends:
Dividends declared per ordinary share (usd per share)	$ (0.10)

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 01, 2021	Dec. 27, 2019	Dec. 28, 2018
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 359.5	$ 327.1	$ 292.7
Additions Charged to Costs and Expenses	60.4	40	41.1
Additions Charged to Other Accounts	2.3	1	0.5
Deductions	(7.5)	(8.6)	(7.2)
Balance at End of Period	415.9	359.5	327.1
Accounting Standards Update 2016-13 [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	360.7
Balance at End of Period		360.7
Trade accounts receivable
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	19.6	14.6	12.9
Additions Charged to Costs and Expenses	5.6	5.2	2.1
Additions Charged to Other Accounts	2.3	0	0
Deductions	0	(0.2)	(0.4)
Balance at End of Period	28.5	19.6	14.6
Trade accounts receivable | Accounting Standards Update 2016-13 [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	20.6
Balance at End of Period		20.6
Advances to growers and other receivables (2)
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	3.4	7.2	8.8
Additions Charged to Costs and Expenses	0.4	0.1	0.5
Additions Charged to Other Accounts	0	0	0
Deductions	(0.3)	(3.9)	(2.1)
Balance at End of Period	3.7	3.4	7.2
Advances to growers and other receivables (2) | Accounting Standards Update 2016-13 [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	3.6
Balance at End of Period		3.6
Deferred tax asset valuation allowance
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	323.3	291.8	257.1
Additions Charged to Costs and Expenses	54.6	35	38.6
Additions Charged to Other Accounts	0	1	0.8
Deductions	(7.2)	(4.5)	(4.7)
Balance at End of Period	370.7	323.3	291.8
Provision for Kunia Well Site
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	13.2	13.5	13.9
Additions Charged to Costs and Expenses	(0.2)	(0.3)	(0.1)
Additions Charged to Other Accounts	0	0	(0.3)
Deductions	0	0	0
Balance at End of Period	$ 13	$ 13.2	$ 13.5