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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Current Assets:    
Cash and cash equivalents $ 20.7 $ 22.5
Short-term investments 7.4 6.4
Receivables 257.4 248.4
Allowance for doubtful accounts (1.8) (2.0)
Inventories, net 194.5 194.3
Prepaid expenses and other current assets 64.6 54.9
Total Current Assets 542.9 524.5
Property, Plant, and Equipment:    
Land and land improvements 57.7 58.5
Buildings 418.6 407.9
Machinery and equipment 665.1 685.9
Construction in progress 31.2 25.9
Property plant and equipment 1,172.6 1,178.2
Less accumulated depreciation (659.2) (648.6)
Net Property, Plant, and Equipment 513.4 529.6
Right-of-use - Finance Leases 12.7 14.3
Right-of-use - Operating Leases 106.0 121.8
Goodwill and Other Intangible Assets, net 603.9 624.3
Other Assets 64.1 60.7
Total Assets 1,843.0 1,875.1
Current Liabilities:    
Accounts payable and accrued expenses 371.5 391.2
Current maturities of debt 0.0 50.3
Current maturities of other long-term obligations 3.0 2.3
Current lease obligations - Finance 4.8 5.6
Current lease obligations - Operating 29.6 28.1
Total Current Liabilities 409.0 477.5
Long-Term Debt 324.2 294.3
Long-Term Lease Obligations - Finance 8.2 8.9
Long-Term Lease Obligations - Operating 92.6 109.6
Other Long-Term Liabilities 75.1 72.9
Deferred Income Taxes 98.1 71.6
Total Liabilities 1,007.1 1,034.7
Equity:    
HNI Corporation shareholders’ equity 835.9 840.1
Non-controlling interest 0.0 0.3
Total Equity 835.9 840.4
Total Liabilities and Equity $ 1,843.0 $ 1,875.1