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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 25, 2021
Dec. 26, 2020
Current assets:    
Cash and cash equivalents $ 104,789 $ 119,075
Accounts receivable, less allowance for doubtful accounts of $2,687 in 2021 and $1,538 in 2020 493,960 357,532
Inventories 405,590 315,002
Other current assets 33,604 33,752
Total current assets 1,037,943 825,361
Property, plant, and equipment, net 370,222 376,572
Operating lease right-of-use assets 24,147 29,301
Goodwill, net 159,988 167,764
Intangible assets, net 63,579 77,207
Investments in unconsolidated affiliates 65,000 37,976
Other assets 7,658 14,387
Total assets 1,728,537 1,528,568
Current liabilities:    
Current portion of debt 1,110 41,283
Accounts payable 180,509 147,741
Accrued wages and other employee costs 49,932 46,299
Current portion of operating lease liabilities 6,193 6,259
Other current liabilities 142,354 98,061
Total current liabilities 380,098 339,643
Long-term debt, less current portion 121,012 286,593
Pension liabilities 10,901 13,552
Postretirement benefits other than pensions 13,231 13,289
Environmental reserves 20,902 21,256
Deferred income taxes 13,393 16,842
Noncurrent operating lease liabilities 17,399 21,602
Other noncurrent liabilities 25,369 14,731
Total liabilities 602,305 727,508
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 57,367,709 in 2021 and 57,087,432 in 2020 802 802
Additional paid-in capital 283,285 280,051
Retained earnings 1,340,337 1,019,694
Accumulated other comprehensive loss (52,155) (54,883)
Treasury common stock, at cost (464,707) (468,919)
Total Mueller Industries, Inc. stockholders' equity 1,107,562 776,745
Noncontrolling interests 18,670 24,315
Total equity 1,126,232 801,060
Commitments and contingencies 0 0
Total liabilities and equity $ 1,728,537 $ 1,528,568