v3.24.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,170,893 $ 461,018
Short-term investments 98,146 217,863
Accounts receivable, less allowance for doubtful accounts of $2,830 in 2023 and $2,687 in 2022 351,561 380,352
Inventories 380,248 448,919
Other current assets 39,173 26,501
Total current assets 2,040,021 1,534,653
Property, plant, and equipment, net 385,165 379,950
Operating lease right-of-use assets 35,170 22,892
Goodwill, net 151,820 157,588
Intangible assets, net 46,208 54,785
Investment in unconsolidated affiliates 83,436 72,364
Other noncurrent assets 17,481 20,167
Total Assets 2,759,301 2,242,399
Current liabilities:    
Current portion of debt 796 811
Accounts payable 120,485 128,000
Accrued wages and other employee costs 55,644 61,915
Current portion of operating lease liabilities 7,893 4,942
Other current liabilities 132,320 152,627
Total current liabilities 317,138 348,295
Long-term debt, less current portion 185 1,218
Pension liabilities 2,832 4,078
Postretirement benefits other than pensions 9,230 8,977
Environmental reserves 15,030 16,380
Deferred income taxes 19,134 16,258
Noncurrent operating lease liabilities 26,683 16,880
Other noncurrent liabilities 10,353 16,349
Total liabilities 400,585 428,435
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 in 2023 and 100,000,000 in 2022; issued 160,366,008; outstanding 114,157,918 in 2023 and 114,003,234 in 2022 1,604 802
Additional paid-in capital 312,171 297,270
Retained earnings 2,594,300 2,059,796
Accumulated other comprehensive loss (47,221) (64,175)
Treasury common stock, at cost (523,409) (502,779)
Total Mueller Industries, Inc. stockholders' equity 2,337,445 1,790,914
Noncontrolling interests 21,271 23,050
Total equity 2,358,716 1,813,964
Commitments and contingencies 0 0
Total Liabilities and Equity $ 2,759,301 $ 2,242,399

Source