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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 24, 2022
Dec. 25, 2021
Current assets:    
Cash and cash equivalents $ 483,496 $ 87,924
Accounts receivable, less allowance for doubtful accounts of $2,691 in 2022 and $2,590 in 2021 441,287 471,859
Inventories 454,511 430,244
Other current assets 41,630 28,976
Total current assets 1,420,924 1,019,003
Property, plant, and equipment, net 374,160 385,562
Operating lease right-of-use assets 24,297 23,510
Goodwill, net 156,938 171,330
Intangible assets, net 55,540 61,714
Investments in unconsolidated affiliates 70,439 61,133
Other assets 7,453 6,684
Total assets 2,109,751 1,728,936
Current liabilities:    
Current portion of debt 1,123 811
Accounts payable 166,978 180,793
Accrued wages and other employee costs 54,252 49,629
Current portion of operating lease liabilities 5,271 6,015
Other current liabilities 147,323 145,191
Total current liabilities 374,947 382,439
Long-term debt, less current portion 1,184 1,064
Pension liabilities 5,419 5,572
Postretirement benefits other than pensions 11,786 11,961
Environmental reserves 15,612 17,678
Deferred income taxes 11,428 14,347
Noncurrent operating lease liabilities 18,431 17,099
Other noncurrent liabilities 16,295 21,813
Total liabilities 455,102 471,973
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 56,863,688 in 2022 and 57,295,961 in 2021 802 802
Additional paid-in capital 294,402 286,208
Retained earnings 1,935,137 1,458,489
Accumulated other comprehensive loss (99,452) (53,347)
Treasury common stock, at cost (505,647) (470,034)
Total Mueller Industries, Inc. stockholders' equity 1,625,242 1,222,118
Noncontrolling interests 29,407 34,845
Total equity 1,654,649 1,256,963
Commitments and contingencies 0 0
Total liabilities and equity $ 2,109,751 $ 1,728,936