DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Dole had the following derivative instruments outstanding as of March 31, 2026:


			Aggregate Notional Amount
Foreign currency forward contracts by currency:
United States dollar			$145.6 million
Euro			€388.3 million
British pound sterling			£16.9 million
Swedish krona			SEK 165.6 million
Canadian dollar			C$35.9 million
Chilean peso			CLP$15.6 billion
South African rand			ZAR 175.0 million
Interest rate swap contracts			$645.0 million

Schedule of Derivative Instruments in the Balance Sheet at Fair Value

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


	Fair Value Measurements as of March 31, 2026
	Other Receivables, net		Other Assets		Accrued Liabilities		Other Long-Term Liabilities

Foreign currency forward contracts:	(U.S. Dollars in thousands)
Cash flow hedges	$	7,004	$	—	$	(424)	$	—
Non-designated cash flow hedges	805		—		(1,264)		—
Fair value hedges	1,046		—		(731)		—
Interest rate swap contracts	4,306		1,103		—		—
	$	13,161	$	1,103	$	(2,419)	$	—


	Fair Value Measurements as of December 31, 2025
	Other Receivables, net		Other Assets		Accrued Liabilities		Other Long-Term Liabilities

Foreign currency forward contracts:	(U.S. Dollars in thousands)
Cash flow hedges	$	456	$	—	$	(3,040)	$	—
Non-designated cash flow hedges	498		—		(855)		—
Fair value hedges	122		—		(976)		—
Interest rate swap contracts	6,504		204		—		(302)
Bunker fuel hedges	—		—		(231)		—
	$	7,580	$	204	$	(5,102)	$	(302)

Schedule of Realized and Unrealized Derivative Gains (Losses)

The following tables represent all of Dole’s realized and unrealized derivative gains (losses) and respective location in the financial statements for the three months ended March 31, 2026 and March 31, 2025:


	Three Months Ended March 31, 2026						Three Months Ended March 31, 2025
	Accumulated Other Comprehensive Loss		Cost of Sales		Other Income (Expense), net		Accumulated Other Comprehensive Loss		Cost of Sales		Other Income (Expense), net

Realized net (losses) gains:	(U.S. Dollars in thousands)
Cash flow hedges	$	—	$	(1,289)	$	—	$	—	$	781	$	—
Non-designated cash flow hedges	—		137		—		—		768		—
Fair value hedges	—		(301)		298		—		(1,052)		(161)
Bunker fuel hedges	—		—		—		—		79		—

Total net realized (losses) gains	$	—	$	(1,453)	$	298	$	—	$	576	$	(161)
Unrealized net gains (losses):
Cash flow hedges	$	8,696	$	—	$	—	$	(9,185)	$	—	$	—
Non-designated cash flow hedges	—		(389)		—		—		(197)		—
Fair value hedges	—		1,640		308		—		(891)		72
Bunker fuel hedges	—		—		—		—		115		—
Interest rate swap contracts	(1,109)		—		112		(6,905)		—		—
Total net unrealized gains (losses)	$	7,587	$	1,251	$	420	$	(16,090)	$	(973)	$	72