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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 100,338 $ 72,616
Accounts receivable, less allowance for doubtful accounts of $757 in 2019 and $836 in 2018 319,562 273,417
Inventories 277,567 329,795
Other current assets 33,242 26,790
Total current assets 730,709 702,618
Property, plant, and equipment, net 361,308 370,633
Operating lease right-of-use assets 25,855 0
Goodwill, net 152,445 150,335
Intangible assets, net 60,609 61,971
Investments in unconsolidated affiliates 46,369 58,042
Other assets 25,470 25,950
Total assets 1,402,765 1,369,549
Current liabilities:    
Current portion of debt 7,387 7,101
Accounts payable 102,084 103,754
Accrued wages and other employee costs 38,282 38,549
Current portion of operating lease liabilities 3,832 0
Other current liabilities 95,184 83,397
Total current liabilities 246,769 232,801
Long-term debt, less current portion 434,082 489,597
Pension liabilities 12,783 14,237
Postretirement benefits other than pensions 14,616 14,818
Environmental reserves 19,774 20,009
Deferred income taxes 17,260 16,615
Noncurrent operating lease liabilities 22,712 0
Other noncurrent liabilities 10,173 18,212
Total liabilities 778,169 806,289
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 100,000,000; issued 80,183,004; outstanding 56,952,083 in 2019 and 56,702,997 in 2018 802 802
Additional paid-in capital 276,198 276,849
Retained earnings 880,537 824,737
Accumulated other comprehensive loss (79,823) (79,792)
Treasury common stock, at cost (470,066) (474,240)
Total Mueller Industries, Inc. stockholders' equity 607,648 548,356
Noncontrolling interests 16,948 14,904
Total equity 624,596 563,260
Commitments and contingencies 0 0
Total liabilities and equity $ 1,402,765 $ 1,369,549