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Consolidated Condensed Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 28, 2015
Jan. 03, 2015
Mar. 22, 2014
Current assets:      
Cash and cash equivalents $ 121.3us-gaap_CashAndCashEquivalentsAtCarryingValue $ 223.8us-gaap_CashAndCashEquivalentsAtCarryingValue $ 166.8us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, less allowances: March 28, 2015 – $40.8; January 3, 2015 – $41.0; March 22, 2014 – $34.6 357.2us-gaap_AccountsReceivableNetCurrent 312.7us-gaap_AccountsReceivableNetCurrent 484.1us-gaap_AccountsReceivableNetCurrent
Inventories:      
Finished products, net 404.3us-gaap_InventoryFinishedGoods 398.1us-gaap_InventoryFinishedGoods 443.5us-gaap_InventoryFinishedGoods
Raw materials and work-in-process, net 15.5us-gaap_InventoryWorkInProcessAndRawMaterials 15.9us-gaap_InventoryWorkInProcessAndRawMaterials 22.1us-gaap_InventoryWorkInProcessAndRawMaterials
Total inventories 419.8us-gaap_InventoryNet 414.0us-gaap_InventoryNet 465.6us-gaap_InventoryNet
Deferred income taxes 27.9us-gaap_DeferredTaxAssetsNetCurrent 28.1us-gaap_DeferredTaxAssetsNetCurrent 28.3us-gaap_DeferredTaxAssetsNetCurrent
Prepaid expenses and other current assets 61.9us-gaap_PrepaidExpenseAndOtherAssets 63.6us-gaap_PrepaidExpenseAndOtherAssets 40.3us-gaap_PrepaidExpenseAndOtherAssets
Total current assets 988.1us-gaap_AssetsCurrent 1,042.2us-gaap_AssetsCurrent 1,185.1us-gaap_AssetsCurrent
Property, plant and equipment:      
Gross cost 420.3us-gaap_PropertyPlantAndEquipmentGross 415.3us-gaap_PropertyPlantAndEquipmentGross 414.9us-gaap_PropertyPlantAndEquipmentGross
Accumulated depreciation (285.0)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (278.5)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (267.3)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Property plant and equipment net 135.3us-gaap_PropertyPlantAndEquipmentNet 136.8us-gaap_PropertyPlantAndEquipmentNet 147.6us-gaap_PropertyPlantAndEquipmentNet
Other assets:      
Goodwill 434.1us-gaap_Goodwill 438.8us-gaap_Goodwill 442.3us-gaap_Goodwill
Indefinite-lived intangibles 690.5us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill 690.5us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill 690.2us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill
Amortizable intangibles, net 108.7us-gaap_FiniteLivedIntangibleAssetsNet 112.1us-gaap_FiniteLivedIntangibleAssetsNet 123.7us-gaap_FiniteLivedIntangibleAssetsNet
Deferred income taxes 2.7us-gaap_DeferredTaxAssetsNetNoncurrent 2.8us-gaap_DeferredTaxAssetsNetNoncurrent 3.4us-gaap_DeferredTaxAssetsNetNoncurrent
Deferred financing costs, net 15.5us-gaap_DeferredFinanceCostsNoncurrentNet 16.5us-gaap_DeferredFinanceCostsNoncurrentNet 21.0us-gaap_DeferredFinanceCostsNoncurrentNet
Other 65.6us-gaap_OtherAssetsNoncurrent 64.8us-gaap_OtherAssetsNoncurrent 66.1us-gaap_OtherAssetsNoncurrent
Total other assets 1,317.1www_OtherAssetsNoncurrentTotal 1,325.5www_OtherAssetsNoncurrentTotal 1,346.7www_OtherAssetsNoncurrentTotal
Total assets 2,440.5us-gaap_Assets 2,504.5us-gaap_Assets 2,679.4us-gaap_Assets
Current liabilities:      
Accounts payable 96.4us-gaap_AccountsPayableCurrent 149.4us-gaap_AccountsPayableCurrent 137.4us-gaap_AccountsPayableCurrent
Accrued salaries and wages 18.1us-gaap_AccruedSalariesCurrent 36.1us-gaap_AccruedSalariesCurrent 27.3us-gaap_AccruedSalariesCurrent
Other accrued liabilities 121.3us-gaap_OtherAccruedLiabilitiesCurrent 108.5us-gaap_OtherAccruedLiabilitiesCurrent 110.2us-gaap_OtherAccruedLiabilitiesCurrent
Current maturities of long-term debt 42.0us-gaap_LongTermDebtCurrent 46.7us-gaap_LongTermDebtCurrent 43.6us-gaap_LongTermDebtCurrent
Borrowings under revolving credit agreement 14.5us-gaap_LinesOfCreditCurrent 0us-gaap_LinesOfCreditCurrent 34.0us-gaap_LinesOfCreditCurrent
Total current liabilities 292.3us-gaap_LiabilitiesCurrent 340.7us-gaap_LiabilitiesCurrent 352.5us-gaap_LiabilitiesCurrent
Long-term debt, less current maturities 800.8us-gaap_LongTermDebtNoncurrent 854.1us-gaap_LongTermDebtNoncurrent 1,096.7us-gaap_LongTermDebtNoncurrent
Accrued pension liabilities 129.1us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 128.1us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 74.5us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
Deferred income taxes 220.0us-gaap_DeferredTaxLiabilitiesNoncurrent 217.0us-gaap_DeferredTaxLiabilitiesNoncurrent 256.7us-gaap_DeferredTaxLiabilitiesNoncurrent
Other liabilities 26.9us-gaap_OtherLiabilitiesNoncurrent 26.6us-gaap_OtherLiabilitiesNoncurrent 27.4us-gaap_OtherLiabilitiesNoncurrent
Wolverine World Wide, Inc. stockholders’ equity:      
Common Stock - par value $1, authorized 320,000,000 shares; shares issued (including shares in treasury): March 28, 2015 - 103,856,676 shares; January 3, 2015 - 102,253,150 shares; March 22, 2014 - 101,784,796 shares 103.9us-gaap_CommonStockValue 102.3us-gaap_CommonStockValue 101.8us-gaap_CommonStockValue
Additional paid-in capital 54.8us-gaap_AdditionalPaidInCapitalCommonStock 40.1us-gaap_AdditionalPaidInCapitalCommonStock 14.9us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 886.3us-gaap_RetainedEarningsAccumulatedDeficit 852.2us-gaap_RetainedEarningsAccumulatedDeficit 774.3us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (59.2)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (49.5)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (12.1)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Cost of shares in treasury: March 28, 2015 - 668,988; January 3, 2015 - 416,812 shares; March 22, 2014 - 396,690 (18.7)us-gaap_TreasuryStockValue (11.6)us-gaap_TreasuryStockValue (11.1)us-gaap_TreasuryStockValue
Total Wolverine World Wide, Inc. stockholders’ equity 967.1us-gaap_StockholdersEquity 933.5us-gaap_StockholdersEquity 867.8us-gaap_StockholdersEquity
Noncontrolling interest 4.3us-gaap_MinorityInterest 4.5us-gaap_MinorityInterest 3.8us-gaap_MinorityInterest
Total stockholders’ equity 971.4us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 938.0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 871.6us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and stockholders’ equity $ 2,440.5us-gaap_LiabilitiesAndStockholdersEquity $ 2,504.5us-gaap_LiabilitiesAndStockholdersEquity $ 2,679.4us-gaap_LiabilitiesAndStockholdersEquity