MasterBrand Inc
For the period ended Sep 29, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 29, 2024 · Filed Nov 6, 2024
MBC$7.10+5.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| (U.S. Dollars presented in millions) | September 29,2024 | December 31,2023 |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $108.4 | $148.7 |
| Accounts receivable, net | 216.1 | 203.0 |
| Inventories | 299.4 | 249.8 |
| Other current assets | 63.0 | 75.7 |
| TOTAL CURRENT ASSETS | 686.9 | 677.2 |
| Property, plant and equipment, net of accumulated depreciation | 456.7 | 356.6 |
| Operating lease right-of-use assets, net of accumulated amortization | 71.3 | 60.1 |
| Goodwill | 1,129.4 | 925.1 |
| Other intangible assets, net of accumulated amortization | 577.9 | 335.5 |
| Other assets | 38.0 | 27.2 |
| TOTAL ASSETS | $2,960.2 | $2,381.7 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable | $175.3 | $151.4 |
| Current portion of long-term debt | — | 17.6 |
| Current operating lease liabilities | 16.8 | 16.1 |
| Other current liabilities | 186.3 | 164.3 |
| TOTAL CURRENT LIABILITIES | 378.4 | 349.4 |
| Long-term debt | 1,062.3 | 690.2 |
| Deferred income taxes | 154.0 | 83.6 |
| Pension and other postretirement plan liabilities | 7.5 | 7.9 |
| Operating lease liabilities | 56.7 | 46.3 |
| Other non-current liabilities | 13.7 | 10.5 |
| TOTAL LIABILITIES | 1,672.6 | 1,187.9 |
| Contingencies and Accrued Losses (Note 14) | ||
| Equity | ||
| Common stock (par value $0.01 per share; authorized 750.0 million shares; 130.1 million issued and 127.1 million outstanding as of September 29, 2024; 129.1 million issued and 126.8 million outstanding as of December 31, 2023) | 1.3 | 1.3 |
| Paid-in capital | 34.6 | 17.8 |
| Treasury stock, at cost | (37.9) | (26.1) |
| Accumulated other comprehensive loss | (26.8) | (3.7) |
| Retained earnings | 1,316.4 | 1,204.5 |
| TOTAL EQUITY | 1,287.6 | 1,193.8 |
| TOTAL LIABILITIES AND EQUITY | $2,960.2 | $2,381.7 |
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