Balance Sheet

v3.25.3

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 27, 2025	Dec. 28, 2024
Current assets:
Cash and cash equivalents	$ 1,261,130	$ 1,037,229
Short-term investments	54,432	21,874
Accounts receivable, less allowance for doubtful accounts of $2,510 in 2025 and $3,724 in 2024	556,632	450,113
Inventories	510,012	462,279
Other current assets	45,938	40,734
Total current assets	2,428,144	2,012,229
Property, plant, and equipment, net	530,702	515,131
Operating lease right-of-use assets	28,616	32,702
Goodwill, net	297,812	311,165
Intangible assets, net	292,074	306,357
Investments in unconsolidated affiliates	86,222	88,037
Other assets	32,753	25,285
Total assets	3,696,323	3,290,906
Current liabilities:
Current portion of debt	0	1,094
Accounts payable	187,561	173,743
Accrued wages and other employee costs	53,781	60,136
Current portion of operating lease liabilities	8,387	8,117
Other current liabilities	253,517	154,897
Total current liabilities	503,246	397,987
Long-term debt, less current portion	0	0
Pension liabilities	216	3,059
Postretirement benefits other than pensions	8,573	8,140
Environmental reserves	15,147	15,423
Deferred income taxes	37,878	25,742
Noncurrent operating lease liabilities	20,555	24,547
Other noncurrent liabilities	15,126	11,600
Total liabilities	600,741	486,498
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 111,013,631 in 2025 and 113,751,127 in 2024	1,604	1,604
Additional paid-in capital	341,408	330,532
Retained earnings	3,635,616	3,107,838
Accumulated other comprehensive loss	(58,475)	(80,279)
Treasury common stock, at cost	(850,222)	(586,530)
Total Mueller Industries, Inc. stockholders' equity	3,069,931	2,773,165
Noncontrolling interests	25,651	31,243
Total equity	3,095,582	2,804,408
Commitments and contingencies	0	0
Total liabilities and equity	$ 3,696,323	$ 3,290,906

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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