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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Mar. 29, 2025
Dec. 28, 2024
Mar. 30, 2024
Current assets:      
Cash and cash equivalents $ 106.5 $ 152.1 $ 169.7
Accounts receivable, less allowances 239.2 209.4 231.2
Inventories:      
Finished products, net 268.4 237.8 352.6
Raw materials and work-in-process, net 2.3 2.8 1.7
Total inventories 270.7 240.6 354.3
Prepaid expenses and other current assets 76.0 86.4 70.7
Total current assets 692.4 688.5 825.9
Noncurrent assets:      
Property plant and equipment net of accumulated depreciation 94.6 89.7 92.6
Lease right-of-use assets, net 102.2 102.1 112.9
Goodwill 427.1 424.6 426.0
Indefinite-lived intangibles 175.8 173.0 173.3
Amortizable intangibles, net 31.0 31.5 33.9
Deferred Income Tax Assets, Net 94.0 93.7 116.3
Other assets 67.4 65.7 72.1
Total assets 1,684.5 1,668.8 1,853.0
Current liabilities:      
Accounts payable 174.6 200.9 202.3
Accrued salaries and wages 23.5 35.1 28.9
Other accrued liabilities 173.9 183.4 187.6
Lease liabilities 34.1 33.7 36.5
Current maturities of long-term debt 10.0 10.0 10.0
Borrowings under revolving credit agreements 135.0 70.0 265.0
Total current liabilities 551.1 533.1 730.3
Noncurrent liabilities:      
Long-term debt, less current maturities 565.8 568.0 581.9
Accrued pension liabilities 70.6 71.4 77.7
Deferred Income Tax Liabilities, Net 28.3 29.0 27.4
Operating Lease, Liability, Noncurrent 115.2 116.0 126.6
Other liabilities 32.7 34.8 49.0
Stockholders’ equity:      
Common Stock, Value, Issued 114.4 113.7 113.3
Additional paid-in capital 380.3 382.7 366.1
Retained earnings 851.9 849.5 812.0
Accumulated other comprehensive loss (145.3) (147.8) (147.9)
Treasury Stock, Value (890.7) (890.8) (891.0)
Total Wolverine World Wide, Inc. stockholders’ equity 310.6 307.3 252.5
Noncontrolling interest 10.2 9.2 7.6
Total stockholders’ equity 320.8 316.5 260.1
Total liabilities and stockholders’ equity $ 1,684.5 $ 1,668.8 $ 1,853.0