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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 180.6 $ 143.1
Accounts receivable, less allowances of $26.7 and $26.6 331.2 361.2
Inventories:    
Finished products, net 342.0 301.4
Raw materials and work-in-process, net 6.2 16.2
Total inventories 348.2 317.6
Prepaid expenses and other current assets 107.1 45.8
Total current assets 967.1 867.7
Property, plant and equipment:    
Gross cost 325.0 381.8
Accumulated depreciation (184.0) (250.9)
Property, plant and equipment, net 141.0 130.9
Lease right-of-use assets 160.8 0.0
Other assets:    
Goodwill 438.9 424.4
Indefinite-lived intangibles 604.5 604.5
Amortizable intangibles, net 77.8 71.9
Deferred income taxes 2.9 3.1
Other 87.0 80.6
Total other assets 1,211.1 1,184.5
Total assets 2,480.0 2,183.1
Current liabilities:    
Accounts payable 202.1 202.3
Accrued salaries and wages 20.8 31.9
Other accrued liabilities 157.9 106.4
Lease liabilities 34.1 0.0
Current maturities of long-term debt 12.5 7.5
Borrowings under revolving credit agreements 360.0 125.0
Total current liabilities 787.4 473.1
Long-term debt, less current maturities 425.9 438.0
Accrued pension liabilities 109.7 92.0
Deferred income taxes 99.0 107.9
Lease liabilities, noncurrent 147.2 0.0
Other liabilities 132.4 80.5
Wolverine World Wide, Inc. stockholders’ equity:    
Common stock – par value $1, authorized 320,000,000 shares; 108,329,250 and 107,609,206 shares issued 108.3 107.6
Additional paid-in capital 233.4 201.4
Retained earnings 1,263.3 1,169.7
Accumulated other comprehensive loss (102.1) (88.3)
Cost of shares in treasury; 27,181,512 and 15,905,681 shares (736.2) (404.4)
Total Wolverine World Wide, Inc. stockholders’ equity 766.7 986.0
Noncontrolling interest 11.7 5.6
Total stockholders’ equity 778.4 991.6
Total liabilities and stockholders’ equity $ 2,480.0 $ 2,183.1