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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 25, 2021
Dec. 26, 2020
Current assets:    
Cash and cash equivalents $ 87,924 $ 119,075
Accounts receivable, less allowance for doubtful accounts of $2,590 in 2021 and $1,538 in 2020 471,859 357,532
Inventories 430,244 315,002
Other current assets 28,976 33,752
Total current assets 1,019,003 825,361
Property, plant, and equipment, net 385,562 376,572
Operating lease right-of-use assets 23,510 29,301
Goodwill, net 171,330 167,764
Intangible assets, net 61,714 77,207
Investment in unconsolidated affiliates 61,133 37,976
Other noncurrent assets 6,684 14,387
Total Assets 1,728,936 1,528,568
Current liabilities:    
Current portion of debt 811 41,283
Accounts payable 180,793 147,741
Accrued wages and other employee costs 49,629 46,299
Current portion of operating lease liabilities 6,015 6,259
Other current liabilities 145,191 98,061
Total current liabilities 382,439 339,643
Long-term debt, less current portion 1,064 286,593
Pension liabilities 5,572 13,552
Postretirement benefits other than pensions 11,961 13,289
Environmental reserves 17,678 21,256
Deferred income taxes 14,347 16,842
Noncurrent operating lease liabilities 17,099 21,602
Other noncurrent liabilities 21,813 14,731
Total liabilities 471,973 727,508
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 57,295,961 in 2021 and 57,087,432 in 2020 802 802
Additional paid-in capital 286,208 280,051
Retained earnings 1,458,489 1,019,694
Accumulated other comprehensive loss (53,347) (54,883)
Treasury common stock, at cost (470,034) (468,919)
Total Mueller Industries, Inc. stockholders' equity 1,222,118 776,745
Noncontrolling interests 34,845 24,315
Total equity 1,256,963 801,060
Commitments and contingencies 0 0
Total Liabilities and Equity $ 1,728,936 $ 1,528,568