v3.24.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 29, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 825,655 $ 1,170,893
Short-term investments 0 98,146
Accounts receivable, less allowance for doubtful accounts of $2,549 in 2024 and $2,830 in 2023 522,572 351,561
Inventories 406,217 380,248
Other current assets 50,347 39,173
Total current assets 1,804,791 2,040,021
Property, plant, and equipment, net 471,443 385,165
Operating lease right-of-use assets 34,534 35,170
Goodwill, net 608,919 151,820
Intangible assets, net 43,466 46,208
Investments in unconsolidated affiliates 77,450 83,436
Other assets 25,582 17,481
Total assets 3,066,185 2,759,301
Current liabilities:    
Current portion of debt 785 796
Accounts payable 198,537 120,485
Accrued wages and other employee costs 42,259 55,644
Current portion of operating lease liabilities 8,000 7,893
Other current liabilities 137,647 132,320
Total current liabilities 387,228 317,138
Long-term debt, less current portion 74 185
Pension liabilities 2,708 2,832
Postretirement benefits other than pensions 8,988 9,230
Environmental reserves 14,808 15,030
Deferred income taxes 20,023 19,134
Noncurrent operating lease liabilities 26,330 26,683
Other noncurrent liabilities 33,168 10,353
Total liabilities 493,327 400,585
Mueller Industries, Inc. stockholders' equity:    
Preferred stock - $1.00 par value; shares authorized 5,000,000; none outstanding 0 0
Common stock - $.01 par value; shares authorized 250,000,000; issued 160,366,008; outstanding 113,403,336 in 2024 and 114,157,918 in 2023 1,604 1,604
Additional paid-in capital 325,763 312,171
Retained earnings 2,847,420 2,594,300
Accumulated other comprehensive loss (60,162) (47,221)
Treasury common stock, at cost (568,522) (523,409)
Total Mueller Industries, Inc. stockholders' equity 2,546,103 2,337,445
Noncontrolling interests 26,755 21,271
Total equity 2,572,858 2,358,716
Commitments and contingencies 0 0
Total liabilities and equity $ 3,066,185 $ 2,759,301

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