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v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions |
|
|
Current Assets: |
|
|
Cash and cash equivalents |
$ 21.1
|
$ 52.3
|
Short-term investments |
2.0
|
1.4
|
Receivables |
243.8
|
240.0
|
Allowance for doubtful accounts |
(2.4)
|
(2.8)
|
Inventories, net |
222.2
|
181.6
|
Prepaid expenses and other current assets |
53.4
|
51.1
|
Total Current Assets |
540.0
|
523.5
|
Property, Plant, and Equipment: |
|
|
Land and land improvements |
31.0
|
30.9
|
Buildings |
292.3
|
294.5
|
Machinery and equipment |
589.3
|
593.6
|
Construction in progress |
31.9
|
29.7
|
Property plant and equipment |
944.5
|
948.7
|
Less: Accumulated depreciation |
(595.4)
|
(581.9)
|
Net Property, Plant, and Equipment |
349.1
|
366.8
|
Right-of-use Finance Leases |
11.0
|
10.2
|
Right-of-use Operating Leases |
92.3
|
82.9
|
Goodwill and Other Intangible Assets, Net |
451.9
|
471.5
|
Other Assets |
54.3
|
43.1
|
Total Assets |
1,498.6
|
1,497.9
|
Current Liabilities: |
|
|
Accounts payable and accrued expenses |
435.0
|
473.8
|
Current maturities of debt |
1.2
|
3.2
|
Current maturities of other long-term obligations |
2.0
|
3.9
|
Current lease obligations - Finance |
3.3
|
2.8
|
Current lease obligations - Operating |
18.8
|
22.8
|
Total Current Liabilities |
460.4
|
506.4
|
Long-Term Debt |
199.7
|
174.6
|
Long-Term Lease Obligations - Finance |
7.7
|
7.4
|
Long-Term Lease Obligations - Operating |
82.3
|
63.8
|
Other Long-Term Liabilities |
77.5
|
80.7
|
Deferred Income Taxes |
64.6
|
75.0
|
Total Liabilities |
892.2
|
907.9
|
Equity: |
|
|
HNI Corporation shareholders' equity |
606.1
|
589.6
|
Non-controlling interest |
0.3
|
0.3
|
Total Equity |
606.4
|
590.0
|
Total Liabilities and Equity |
$ 1,498.6
|
$ 1,497.9
|
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