Fortune Brands Innovations Inc
For the period ended Dec 28, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
FBIN$51.64+7.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| Consolidated Balance Sheets | Fortune Brands Innovations, Inc. and Subsidiaries |
|---|
| (In millions) · December 28, 2024 · December 30, 2023 | |||
|---|---|---|---|
| ASSETS | |||
| Current assets | |||
| Cash and cash equivalents | $381.1 | $366.4 | |
| Accounts receivable less allowances for discounts and credit losses | 514.4 | 534.2 | |
| Inventories | 960.3 | 982.3 | |
| Other current assets | 151.6 | 162.8 | |
| TOTAL CURRENT ASSETS | 2,007.4 | 2,045.7 | |
| Property, plant and equipment, net of accumulated depreciation | 999.2 | 975.0 | |
| Operating lease assets | 148.1 | 173.8 | |
| Goodwill | 1,992.0 | 1,906.8 | |
| Other intangible assets, net of accumulated amortization | 1,297.2 | 1,354.7 | |
| Other assets | 117.9 | 109.0 | |
| TOTAL ASSETS | $6,561.8 | $6,565.0 | |
| LIABILITIES AND EQUITY | |||
| Current liabilities | |||
| Short-term debt | $499.6 | $ | - |
| Accounts payable | 513.9 | 568.1 | |
| Other current liabilities | 588.8 | 632.3 | |
| TOTAL CURRENT LIABILITIES | 1,602.3 | 1,200.4 | |
| Long-term debt | 2,173.7 | 2,670.1 | |
| Deferred income taxes | 117.4 | 111.3 | |
| Accrued defined benefit plans | 32.5 | 47.3 | |
| Operating lease liabilities | 121.6 | 143.3 | |
| Other non-current liabilities | 92.3 | 99.2 | |
| TOTAL LIABILITIES | 4,139.8 | 4,271.6 | |
| Commitments (Note 18) and Contingencies (Note 22) | |||
| Equity | |||
| Common stock (a) | 1.9 | 1.9 | |
| Paid-in capital | 3,189.3 | 3,134.5 | |
| Accumulated other comprehensive income | 42.4 | 63.3 | |
| Retained earnings | 2,956.8 | 2,605.3 | |
| Treasury stock | (3,768.4) | (3,511.6) | |
| TOTAL EQUITY | 2,422.0 | 2,293.4 | |
| TOTAL LIABILITIES AND EQUITY | $6,561.8 | $6,565.0 | |
(a)
Common stock, par value $0.01 per share,187.9 million shares and 187.1 million shares issued at December 28, 2024 and December 30, 2023, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.