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Consolidated Condensed Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 06, 2014
Dec. 28, 2013
Sep. 07, 2013
Current assets:      
Cash and cash equivalents $ 231.5 $ 214.2 $ 147.8
Accounts receivable, less allowances: September 6, 2014 – $38.7; December 28, 2013 – $37.8; September 7, 2013 – $38.5 483.9 398.1 478.9
Inventories:      
Finished products, net 446.7 406.0 432.9
Raw materials and work-in-process, net 19.6 22.2 29.7
Total inventories 466.3 428.2 462.6
Deferred income taxes 27.2 29.1 26.7
Prepaid expenses and other current assets 40.1 48.4 34.1
Total current assets 1,249.0 1,118.0 1,150.1
Property, plant and equipment:      
Gross cost 425.8 416.1 411.2
Accumulated depreciation (284.3) (264.2) (255.9)
Property plant and equipment net 141.5 151.9 155.3
Other assets:      
Goodwill 443.9 445.3 445.8
Indefinite-lived intangibles 690.5 690.5 692.7
Amortizable intangibles, net 116.8 126.7 130.5
Deferred income taxes 3.3 3.4 0.4
Deferred financing costs, net 19.1 22.0 34.3
Other 63.6 64.4 61.1
Total other assets 1,337.2 1,352.3 1,364.8
Total assets 2,727.7 2,622.2 2,670.2
Current liabilities:      
Accounts payable 162.3 135.2 182.8
Accrued salaries and wages 36.3 41.5 40.8
Other accrued liabilities 112.0 99.3 111.3
Current maturities of long-term debt 51.6 53.3 40.2
Total current liabilities 362.2 329.3 375.1
Long-term debt, less current maturities 1,045.0 1,096.7 1,101.9
Accrued pension liabilities 74.0 74.2 167.4
Deferred income taxes 253.8 253.9 236.1
Other liabilities 26.5 26.7 21.7
Wolverine World Wide, Inc. stockholders’ equity:      
Common Stock - par value $1, authorized 320,000,000 shares; shares issued (including shares in treasury): September 6, 2014 – 102,050,349 shares; December 28, 2013 – 100,817,972 shares; September 7, 2013 – 100,645,938 shares 102.1 100.8 100.7
Additional paid-in capital 30.2 5.0 0
Retained earnings 847.6 743.1 746.3
Accumulated other comprehensive loss (6.3) (9.2) (78.4)
Cost of shares in treasury: September 6, 2014 – 411,016 shares; December 28, 2013 – 72,514 shares; September 7, 2013 – 77,284 shares (11.5) (2.1) (2.1)
Total Wolverine World Wide, Inc. stockholders’ equity 962.1 837.6 766.5
Non-controlling interest 4.1 3.8 1.5
Total stockholders’ equity 966.2 841.4 768.0
Total liabilities and stockholders’ equity $ 2,727.7 $ 2,622.2 $ 2,670.2