Subsidiary Guarantors of the Public Bonds (Consolidated Condensed Balance Sheets) (Details) (USD $) In Millions, unless otherwise specified
|
Sep. 06, 2014
|
Dec. 28, 2013
|
Sep. 07, 2013
|
Dec. 29, 2012
|
Current assets: |
|
|
|
|
Cash and cash equivalents |
$ 231.5 |
$ 214.2 |
$ 147.8 |
$ 171.4 |
Accounts receivable, net |
483.9 |
398.1 |
478.9 |
|
Inventories: |
|
|
|
|
Finished products, net |
446.7 |
406.0 |
432.9 |
|
Raw materials and work-in-process, net |
19.6 |
22.2 |
29.7 |
|
Total inventories |
466.3 |
428.2 |
462.6 |
|
Deferred income taxes |
27.2 |
29.1 |
26.7 |
|
Prepaid expenses and other current assets |
40.1 |
48.4 |
34.1 |
|
Total current assets |
1,249.0 |
1,118.0 |
1,150.1 |
|
Property, plant and equipment: |
|
|
|
|
Gross cost |
425.8 |
416.1 |
411.2 |
|
Accumulated depreciation |
(284.3) |
(264.2) |
(255.9) |
|
Property plant and equipment net |
141.5 |
151.9 |
155.3 |
|
Other assets: |
|
|
|
|
Goodwill |
443.9 |
445.3 |
445.8 |
459.9 |
Indefinite-lived intangibles |
690.5 |
690.5 |
692.7 |
679.8 |
Amortizable intangibles, net |
116.8 |
126.7 |
130.5 |
|
Deferred income taxes |
3.3 |
3.4 |
0.4 |
|
Deferred financing costs, net |
19.1 |
22.0 |
34.3 |
|
Other |
63.6 |
64.4 |
61.1 |
|
Total other assets |
1,337.2 |
1,352.3 |
1,364.8 |
|
Total assets |
2,727.7 |
2,622.2 |
2,670.2 |
|
Current liabilities: |
|
|
|
|
Accounts payable |
162.3 |
135.2 |
182.8 |
|
Accrued salaries and wages |
36.3 |
41.5 |
40.8 |
|
Other accrued liabilities |
112.0 |
99.3 |
111.3 |
|
Current maturities of long-term debt |
51.6 |
53.3 |
40.2 |
|
Total current liabilities |
362.2 |
329.3 |
375.1 |
|
Long-term debt, less current maturities |
1,045.0 |
1,096.7 |
1,101.9 |
|
Accrued pension liabilities |
74.0 |
74.2 |
167.4 |
|
Deferred income taxes |
253.8 |
253.9 |
236.1 |
|
Other liabilities |
26.5 |
26.7 |
21.7 |
|
Stockholders’ equity |
|
|
|
|
Wolverine World Wide, Inc. stockholders’ equity |
962.1 |
837.6 |
766.5 |
|
Non-controlling interest |
4.1 |
3.8 |
1.5 |
|
Total stockholders’ equity |
966.2 |
841.4 |
768.0 |
|
Total liabilities and stockholders’ equity |
2,727.7 |
2,622.2 |
2,670.2 |
|
Parent [Member]
|
|
|
|
|
Current assets: |
|
|
|
|
Cash and cash equivalents |
28.5 |
18.8 |
(3.4) |
21.3 |
Accounts receivable, net |
43.6 |
63.9 |
101.8 |
|
Inventories: |
|
|
|
|
Finished products, net |
70.1 |
55.0 |
64.7 |
|
Raw materials and work-in-process, net |
2.5 |
(0.1) |
0.8 |
|
Total inventories |
72.6 |
54.9 |
65.5 |
|
Deferred income taxes |
15.2 |
15.3 |
9.4 |
|
Prepaid expenses and other current assets |
60.3 |
26.9 |
17.6 |
|
Total current assets |
220.2 |
179.8 |
190.9 |
|
Property, plant and equipment: |
|
|
|
|
Gross cost |
228.4 |
223.7 |
220.5 |
|
Accumulated depreciation |
(179.6) |
(174.4) |
(170.2) |
|
Property plant and equipment net |
48.8 |
49.3 |
50.3 |
|
Other assets: |
|
|
|
|
Goodwill |
7.8 |
7.7 |
7.6 |
|
Indefinite-lived intangibles |
4.2 |
4.4 |
4.1 |
|
Amortizable intangibles, net |
0.4 |
0.2 |
0.4 |
|
Deferred income taxes |
|
|
0.2 |
|
Deferred financing costs, net |
19.1 |
22.0 |
34.3 |
|
Other |
49.9 |
46.0 |
45.4 |
|
Intercompany accounts receivable |
|
|
0 |
|
Investment in affiliates |
3,209.9 |
3,033.2 |
2,701.9 |
|
Total other assets |
3,291.3 |
3,113.5 |
2,793.9 |
|
Total assets |
3,560.3 |
3,342.6 |
3,035.1 |
|
Current liabilities: |
|
|
|
|
Accounts payable |
39.7 |
31.6 |
44.5 |
|
Accrued salaries and wages |
19.2 |
27.0 |
22.0 |
|
Other accrued liabilities |
37.8 |
40.8 |
59.9 |
|
Current maturities of long-term debt |
51.6 |
53.3 |
40.2 |
|
Total current liabilities |
148.3 |
152.7 |
166.6 |
|
Long-term debt, less current maturities |
1,044.3 |
1,096.7 |
1,101.9 |
|
Accrued pension liabilities |
64.0 |
60.9 |
131.8 |
|
Deferred income taxes |
(37.9) |
(38.2) |
(49.7) |
|
Other liabilities |
13.0 |
12.4 |
9.5 |
|
Intercompany accounts payable |
1,366.5 |
1,220.5 |
908.5 |
|
Stockholders’ equity |
|
|
|
|
Wolverine World Wide, Inc. stockholders’ equity |
962.1 |
837.6 |
766.5 |
|
Non-controlling interest |
|
|
0 |
|
Total stockholders’ equity |
962.1 |
837.6 |
766.5 |
|
Total liabilities and stockholders’ equity |
3,560.3 |
3,342.6 |
3,035.1 |
|
Subsidiary Guarantors [Member]
|
|
|
|
|
Current assets: |
|
|
|
|
Cash and cash equivalents |
3.9 |
15.0 |
13.1 |
48.5 |
Accounts receivable, net |
285.8 |
213.2 |
230.1 |
|
Inventories: |
|
|
|
|
Finished products, net |
287.1 |
270.8 |
279.3 |
|
Raw materials and work-in-process, net |
1.1 |
0.9 |
0.6 |
|
Total inventories |
288.2 |
271.7 |
279.9 |
|
Deferred income taxes |
12.6 |
12.6 |
16.9 |
|
Prepaid expenses and other current assets |
(34.3) |
11.1 |
3.8 |
|
Total current assets |
556.2 |
523.6 |
543.8 |
|
Property, plant and equipment: |
|
|
|
|
Gross cost |
156.9 |
143.2 |
136.5 |
|
Accumulated depreciation |
(77.5) |
(57.4) |
(49.0) |
|
Property plant and equipment net |
79.4 |
85.8 |
87.5 |
|
Other assets: |
|
|
|
|
Goodwill |
353.1 |
354.3 |
354.7 |
|
Indefinite-lived intangibles |
674.9 |
674.7 |
677.3 |
|
Amortizable intangibles, net |
116.3 |
126.4 |
129.9 |
|
Deferred income taxes |
|
|
|
|
Deferred financing costs, net |
|
|
|
|
Other |
11.5 |
12.3 |
9.4 |
|
Intercompany accounts receivable |
1,947.9 |
1,445.4 |
1,209.2 |
|
Investment in affiliates |
680.8 |
555.6 |
566.3 |
|
Total other assets |
3,784.5 |
3,168.7 |
2,946.8 |
|
Total assets |
4,420.1 |
3,778.1 |
3,578.1 |
|
Current liabilities: |
|
|
|
|
Accounts payable |
74.5 |
61.7 |
90.2 |
|
Accrued salaries and wages |
8.0 |
8.6 |
11.2 |
|
Other accrued liabilities |
33.1 |
22.1 |
8.5 |
|
Current maturities of long-term debt |
|
|
|
|
Total current liabilities |
115.6 |
92.4 |
109.9 |
|
Long-term debt, less current maturities |
0.7 |
|
|
|
Accrued pension liabilities |
10.0 |
13.3 |
35.6 |
|
Deferred income taxes |
287.5 |
287.7 |
284.1 |
|
Other liabilities |
10.5 |
11.5 |
9.2 |
|
Intercompany accounts payable |
555.3 |
153.7 |
80.9 |
|
Stockholders’ equity |
|
|
|
|
Wolverine World Wide, Inc. stockholders’ equity |
3,440.5 |
3,219.5 |
3,058.4 |
|
Non-controlling interest |
|
|
0 |
|
Total stockholders’ equity |
3,440.5 |
3,219.5 |
3,058.4 |
|
Total liabilities and stockholders’ equity |
4,420.1 |
3,778.1 |
3,578.1 |
|
Non-Guarantor Subsidiaries [Member]
|
|
|
|
|
Current assets: |
|
|
|
|
Cash and cash equivalents |
199.1 |
180.4 |
138.1 |
101.6 |
Accounts receivable, net |
154.5 |
121.0 |
147.0 |
|
Inventories: |
|
|
|
|
Finished products, net |
89.5 |
81.0 |
90.3 |
|
Raw materials and work-in-process, net |
16.0 |
21.4 |
28.3 |
|
Total inventories |
105.5 |
102.4 |
118.6 |
|
Deferred income taxes |
(0.6) |
1.2 |
0.4 |
|
Prepaid expenses and other current assets |
14.1 |
10.4 |
12.1 |
|
Total current assets |
472.6 |
415.4 |
416.2 |
|
Property, plant and equipment: |
|
|
|
|
Gross cost |
40.5 |
49.2 |
54.2 |
|
Accumulated depreciation |
(27.2) |
(32.4) |
(36.7) |
|
Property plant and equipment net |
13.3 |
16.8 |
17.5 |
|
Other assets: |
|
|
|
|
Goodwill |
83.0 |
83.3 |
83.5 |
|
Indefinite-lived intangibles |
11.4 |
11.4 |
11.3 |
|
Amortizable intangibles, net |
0.1 |
0.1 |
0.2 |
|
Deferred income taxes |
3.3 |
3.4 |
0.2 |
|
Deferred financing costs, net |
|
|
|
|
Other |
2.2 |
5.3 |
4.0 |
|
Intercompany accounts receivable |
651.0 |
347.5 |
132.8 |
|
Investment in affiliates |
1,249.4 |
393.5 |
379.0 |
|
Total other assets |
2,000.4 |
844.5 |
611.0 |
|
Total assets |
2,486.3 |
1,276.7 |
1,044.7 |
|
Current liabilities: |
|
|
|
|
Accounts payable |
48.1 |
41.9 |
48.1 |
|
Accrued salaries and wages |
9.1 |
5.9 |
7.6 |
|
Other accrued liabilities |
41.1 |
36.4 |
41.4 |
|
Current maturities of long-term debt |
|
|
|
|
Total current liabilities |
98.3 |
84.2 |
97.1 |
|
Long-term debt, less current maturities |
|
|
|
|
Accrued pension liabilities |
|
|
|
|
Deferred income taxes |
4.2 |
4.4 |
1.7 |
|
Other liabilities |
3.0 |
2.8 |
3.0 |
|
Intercompany accounts payable |
677.1 |
418.7 |
352.6 |
|
Stockholders’ equity |
|
|
|
|
Wolverine World Wide, Inc. stockholders’ equity |
1,699.6 |
762.8 |
588.8 |
|
Non-controlling interest |
4.1 |
3.8 |
1.5 |
|
Total stockholders’ equity |
1,703.7 |
766.6 |
590.3 |
|
Total liabilities and stockholders’ equity |
2,486.3 |
1,276.7 |
1,044.7 |
|
Eliminations [Member]
|
|
|
|
|
Current assets: |
|
|
|
|
Cash and cash equivalents |
0 |
0 |
0 |
0 |
Inventories: |
|
|
|
|
Finished products, net |
|
(0.8) |
(1.4) |
|
Total inventories |
|
(0.8) |
(1.4) |
|
Prepaid expenses and other current assets |
|
|
0.6 |
|
Total current assets |
|
(0.8) |
(0.8) |
|
Other assets: |
|
|
|
|
Other |
|
0.8 |
2.3 |
|
Intercompany accounts receivable |
(2,598.9) |
(1,792.9) |
(1,342.0) |
|
Investment in affiliates |
(5,140.1) |
(3,982.3) |
(3,647.2) |
|
Total other assets |
(7,739.0) |
(5,774.4) |
(4,986.9) |
|
Total assets |
(7,739.0) |
(5,775.2) |
(4,987.7) |
|
Current liabilities: |
|
|
|
|
Other accrued liabilities |
|
|
1.5 |
|
Total current liabilities |
|
|
1.5 |
|
Intercompany accounts payable |
(2,598.9) |
(1,792.9) |
(1,342.0) |
|
Stockholders’ equity |
|
|
|
|
Wolverine World Wide, Inc. stockholders’ equity |
(5,140.1) |
(3,982.3) |
(3,647.2) |
|
Total stockholders’ equity |
(5,140.1) |
(3,982.3) |
(3,647.2) |
|
Total liabilities and stockholders’ equity |
$ (7,739.0) |
$ (5,775.2) |
$ (4,987.7) |
|