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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 97,944 $ 72,616
Accounts receivable, less allowance for doubtful accounts of $770 in 2019 and $836 in 2018 269,943 273,417
Inventories 292,107 329,795
Other current assets 33,778 26,790
Total current assets 693,772 702,618
Property, plant, and equipment, net 363,128 370,633
Operating lease right-of-use assets 26,922  
Goodwill, net 153,276 150,335
Intangible assets, net 60,082 61,971
Investment in unconsolidated affiliates 48,363 58,042
Other noncurrent assets 25,397 25,950
Total Assets 1,370,940 1,369,549
Current liabilities:    
Current portion of debt 7,530 7,101
Accounts payable 85,644 103,754
Accrued wages and other employee costs 41,673 38,549
Current portion of operating lease liabilities 5,250  
Other current liabilities 94,190 83,397
Total current liabilities 234,287 232,801
Long-term debt, less current portion 378,724 489,597
Pension liabilities 9,126 14,237
Postretirement benefits other than pensions 13,082 14,818
Environmental reserves 19,972 20,009
Deferred income taxes 21,094 16,615
Noncurrent operating lease liabilities 22,388  
Other noncurrent liabilities 10,131 18,212
Total liabilities 708,804 806,289
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 56,949,246 in 2019 and 56,702,997 in 2018 802 802
Additional paid-in capital 278,609 276,849
Retained earnings 903,070 824,737
Accumulated other comprehensive loss (68,770) (79,792)
Treasury common stock, at cost (470,243) (474,240)
Total Mueller Industries, Inc. stockholders' equity 643,468 548,356
Noncontrolling interests 18,668 14,904
Total equity 662,136 563,260
Commitments and contingencies
Total Liabilities and Equity $ 1,370,940 $ 1,369,549