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Fair Value Measurements (Tables)
12 Months Ended
Dec. 27, 2013
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 “Fair Value Measurements and Disclosures” (U.S. dollars in millions):
 
 
Fair Value Measurements
 
Foreign currency hedges (liability) assets
 
Bunker fuel hedges
(liability)
 
Equity securities
 
December 27, 2013
 
December 28, 2012
 
December 27, 2013
 
December 28, 2012
 
December 27, 2013
 
December 28, 2012
Quoted Prices in Active Markets for Identical Assets (Level 1)
$

 
$

 
$

 
$

 
$

 
$
8.3

 
 
 
 
 
 
 
 
 
 
 
 
Significant Other Observable Inputs (Level 2)
(3.3
)
 
(13.8
)
 

 
(0.1
)
 

 

 
 
 
 
 
 
 
 
 
 
 
 
Significant Unobservable Inputs (Level 3)

 

 

 

 

 

Fair Values of Assets and Liabilities Measured on a Non-Recurring Basis
The following is a tabular presentation of the non-recurring fair value measurement along with the level within the fair value hierarchy in which the fair value measurement in its entirety falls (U.S. dollars in millions):

 
Fair Value Measurements for the year ended December 28, 2012
 
Total
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable
Inputs
(Level 3)
United Kingdom under-utilized distribution center
$
4.4

 
$

 
$
4.4

 
$

 
$
4.4

 
$

 
$
4.4

 
$

The following is a tabular presentation of the non-recurring fair value measurement along with the level within the fair value hierarchy in which the fair value measurement in its entirety falls (U.S. dollars in millions):
 
 
Fair Value Measurements for the year ended December 27, 2013
 
Total
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Impairment of trademarks acquired in the 2004 prepared food acquisition
$
44.8

 
$

 
$

 
$
44.8

 
 
 
 
 
 
 
 
Brazil decision to discontinue banana operations
7.8

 

 

 
7.8

 
 
 
 
 
 
 
 
Germany under-utilized distribution center
0.6

 

 

 
0.6

 
$
53.2

 
$

 
$

 
$
53.2