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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 25, 2022
Dec. 25, 2021
Current assets:    
Cash and cash equivalents $ 202,501 $ 87,924
Accounts receivable, less allowance for doubtful accounts of $2,577 in 2022 and $2,590 in 2021 611,578 471,859
Inventories 475,951 430,244
Other current assets 45,726 28,976
Total current assets 1,335,756 1,019,003
Property, plant, and equipment, net 388,139 385,562
Operating lease right-of-use assets 22,870 23,510
Goodwill, net 162,630 171,330
Intangible assets, net 60,508 61,714
Investments in unconsolidated affiliates 70,225 61,133
Other assets 6,844 6,684
Total assets 2,046,972 1,728,936
Current liabilities:    
Current portion of debt 1,112 811
Accounts payable 208,869 180,793
Accrued wages and other employee costs 43,586 49,629
Current portion of operating lease liabilities 5,725 6,015
Other current liabilities 159,479 145,191
Total current liabilities 418,771 382,439
Long-term debt, less current portion 1,131 1,064
Pension liabilities 4,684 5,572
Postretirement benefits other than pensions 11,924 11,961
Environmental reserves 16,300 17,678
Deferred income taxes 11,712 14,347
Noncurrent operating lease liabilities 15,899 17,099
Other noncurrent liabilities 20,928 21,813
Total liabilities 501,349 471,973
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 56,730,133 in 2022 and 57,295,961 in 2021 802 802
Additional paid-in capital 291,228 286,208
Retained earnings 1,794,811 1,458,489
Accumulated other comprehensive loss (72,930) (53,347)
Treasury common stock, at cost (503,448) (470,034)
Total Mueller Industries, Inc. stockholders' equity 1,510,463 1,222,118
Noncontrolling interests 35,160 34,845
Total equity 1,545,623 1,256,963
Commitments and contingencies 0 0
Total liabilities and equity $ 2,046,972 $ 1,728,936