Assets Held-For-Sale and Actively Marketed Property (Tables)

3 Months Ended

Mar. 23, 2013

Total Assets Held for Sale by Segment

Total assets held-for-sale by segment were as follows:

	Fresh Fruit			Fresh Vegetables		Discontinued Operations								Total Assets Held-for-Sale
						Packaged Foods			Asia Fresh		Fresh-Cut Flowers
	(In thousands)
Balance as of December 29, 2012	$	12,652		$	599	$	1,041,237		$	819,823	$	3,212		$	1,877,523
Activity		—			—		(15,033	)		6,762		—			(8,271	)
Sales		—			—		(578	)		—		—			(578	)
Reclassifications		(12,652	)		—		—			13,900		(3,212	)		(1,964	)
Balance as of March 23, 2013	$	—		$	599	$	1,025,626		$	840,485	$	—		$	1,866,710

Total Liabilities Related to Assets Held-for-Sale by Segment

Total liabilities related to assets held-for-sale by segment were as follows:

					Discontinued Operations
	Fresh Fruit		Fresh Vegetables		Packaged Foods		Asia Fresh		Fresh-Cut Flowers		Total Liabilities Held-for-Sale
	(In thousands)
Balance as of December 29, 2012	$	—	$	—	$	245,972	$	202,952	$	—	$	448,924
Activity		—		—		3,839		8,634		—		12,473
Balance as of March 23, 2013	$	—	$	—	$	249,811	$	211,586	$	—	$	461,397

Major Assets and Liabilities Held for Sale Included in Consolidated Balance Sheet

The major classes of assets held-for-sale included in Dole’s condensed consolidated balance sheet at March 23, 2013 were as follows:

					Discontinued Operations
	Fresh Fruit		Fresh Vegetables		Packaged Foods		Asia Fresh		Fresh-Cut Flowers		Total Assets Held-for-Sale
	(In thousands)
Assets held-for-sale:
Receivables	$	—	$	—	$	126,707	$	124,337	$	—	$	251,044
Inventories		—		—		399,984		196,238		—		596,222
Prepaid expenses and other assets		—		—		7,254		22,220		—		29,474
Deferred tax assets		—		—		1,200		754		—		1,954
Investments		—		—		1,083		17,319		—		18,402
Property, plant and equipment, net of accumulated depreciation		—		599		164,445		74,655		—		239,699
Goodwill		—		—		67,464		86,496		—		153,960
Intangibles, net		—		—		245,891		225,943		—		471,834
Other assets, net		—		—		11,598		92,523		—		104,121
Total assets held-for-sale	$	—	$	599	$	1,025,626	$	840,485	$	—	$	1,866,710

The major classes of liabilities held-for-sale included in Dole’s condensed consolidated balance sheet at March 23, 2013 were as follows:

					Discontinued Operations
	Fresh Fruit		Fresh Vegetables		Packaged Foods		Asia Fresh		Fresh-Cut Flowers		Total Liabilities Held-for-Sale
	(In thousands)
Liabilities related to assets held-for-sale:
Accounts payable	$	—	$	—	$	118,038	$	95,024	$	—	$	213,062
Accrued liabilities		—		—		57,077		73,213		—		130,290
Current portion of long-term debt		—		—		335		566		—		901
Notes payable		—		—		34,064		9,000		—		43,064
Long-term debt		—		—		375		2,806		—		3,181
Deferred income tax liabilities		—		—		—		27		—		27
Other long-term liabilities		—		—		39,922		30,950		—		70,872
Total liabilities related to assets held-for-sale	$	—	$	—	$	249,811	$	211,586	$	—	$	461,397

Gains on Asset Sales by Segment

Gains on asset sales by segment were as follows:

	March 23, 2013		March 24, 2012
	(In thousands)
Fresh Fruit	$	1,321	$	4,203
Fresh Vegetables		—		—
Total from Continuing Operations		1,321		4,203
Packaged Foods — Discontinued Operations		260		—
	$	1,581	$	4,203

Proceeds from Asset Sales by Segment

Proceeds from asset sales by segment were as follows:

	March 23, 2013		March 24, 2012
	(In thousands)
Fresh Fruit	$	1,321	$	22,442
Fresh Vegetables		—		—
Total from Continuing Operations		1,321		22,442
Packaged Foods — Discontinued Operations		838		—
	$	2,159	$	22,442

Actively Marketed Property by Segment

Total Actively Marketed Property by segment was as follows:

	Fresh Fruit		Discontinued Operations Fresh-Cut Flowers		Total  Actively Marketed Property
	(In thousands)
Balance as of December 29, 2012	$	74,814	$	—	$	74,814
Additions		60,408		—		60,408
Reclassifications		12,652		3,212		15,864
Balance as of March 23, 2013	$	147,874	$	3,212	$	151,086