THE MIDDLEBY CORPORATION MIDD Balance Sheet

The middleby corporation (MIDD)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value
381	94	87	81	81	71	76	92	103	89	81	64	76	68	61	74	55	55	55	38	54	43	38	32	39	36	29	34	43	34	35	35	28	40	13	21	9	7	5	7	8
Accounts receivable, net of reserve for doubtful accounts of $16,350 and $14,886
425	447	417	411	388	398	410	400	331	328	336	327	307	325	329	316	300	282	296	239	239	229	228	229	224	205	195	194	189	162	145	140	138	151	136	130	111	112	102	94	78
Inventories, net
623	585	614	611	580	521	512	493	459	424	425	421	396	368	385	389	367	354	373	291	276	255	260	260	260	220	209	204	187	153	147	131	138	124	123	122	116	106	106	90	90
Prepaid expenses and other
63	61	63	62	54	50	50	48	48	55	46	50	49	42	42	46	43	39	35	26	30	27	25	33	32	32	31	29	25	19	20	19	20	12	9	11	10	11	9	10	9
Prepaid Taxes
13	20	18	17	7	18	28	45	17	33	10	19	7	6	10	8	6	11	7	3	10	5	0	6	24	0	3	12	-	0	-	-	-	-	-	-	-	-	4	5	5
Current deferred taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	51	51	54	53	51	51	48	48	48	50	44	43	43	43	37	36	39	39	25	25	25	25	25	25	23
Total current assets
1,507	1,209	1,200	1,184	1,111	1,061	1,078	1,080	959	931	901	884	837	811	830	834	825	795	823	653	661	614	602	611	629	545	514	518	490	412	384	363	365	367	309	311	273	263	253	233	217
Property, plant and equipment, net of accumulated depreciation of $202,863 and $197,629
345	352	342	336	318	314	311	317	296	281	275	264	224	221	227	216	199	199	209	148	142	129	128	130	127	125	117	111	139	63	64	62	62	62	59	57	44	43	44	44	47
Goodwill
1,835	1,849	1,809	1,781	1,738	1,743	1,823	1,824	1,293	1,264	1,158	1,134	1,098	1,092	1,109	1,051	983	983	977	833	819	808	723	719	701	687	635	690	667	526	505	484	487	477	439	426	370	369	372	357	358
Other intangibles
1,434	1,443	1,440	1,442	1,371	1,361	1,275	1,292	787	780	786	774	691	696	701	792	734	749	669	494	494	492	437	441	445	447	419	376	379	233	230	226	231	234	216	216	187	189	191	184	189
Long-term deferred tax assets
33	36	26	28	30	32	39	40	46	44	45	46	46	51	16	11	10	11	8	4	3	2	2	3	2	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term deferred liability
-	-	-	-	-	-	-	-	-	-	-	-	-	51	-	-	-	11	-	-	-	2	-	-	-	1	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Other assets
121	110	108	111	118	37	50	46	43	36	34	34	43	43	30	24	23	22	21	20	21	18	18	20	8	10	12	13	21	8	10	4	3	4	5	6	6	6	5	4	3
Total assets
5,277	5,002	4,928	4,886	4,688	4,549	4,578	4,602	3,426	3,339	3,201	3,140	2,943	2,917	2,915	2,931	2,777	2,761	2,710	2,155	2,142	2,066	1,913	1,926	1,915	1,819	1,700	1,710	1,697	1,244	1,194	1,141	1,151	1,146	1,030	1,019	881	873	866	823	816
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Current maturities of long-term debt
21	2	3	3	3	3	3	6	5	5	5	4	4	5	6	53	57	32	37	10	8	9	8	8	6	1	0	0	1	1	3	5	315	315	6	7	6	5	5	5	7
Accounts payable
191	173	181	193	194	188	197	188	145	146	144	148	145	146	147	158	156	157	181	109	111	98	101	105	100	96	94	92	88	69	74	66	60	63	52	55	46	52	51	44	38
Accrued expenses
393	416	400	368	363	367	373	361	305	322	316	290	299	335	331	305	300	320	300	221	213	220	219	202	193	213	187	179	199	170	155	147	146	170	130	119	102	125	113	95	100
Total current liabilities
607	593	585	565	561	558	574	556	455	473	466	444	449	488	485	517	513	510	519	341	333	328	329	316	300	311	282	272	290	242	233	219	522	549	190	182	155	183	170	146	146
Long-term debt
2,177	1,870	1,955	1,991	1,889	1,888	1,955	2,060	1,043	1,023	945	798	723	726	826	862	706	734	717	564	630	588	506	584	648	570	536	617	636	258	265	268	1	1	296	302	233	208	238	243	268
Long-term deferred tax liability
130	133	124	128	115	113	110	102	91	87	108	102	88	77	68	67	121	113	84	91	92	88	68	72	71	61	45	44	43	44	36	40	42	37	21	26	12	11	14	14	14
Liability, Defined Benefit Pension Plan, Noncurrent
261	289	226	239	253	253	298	309	338	334	325	323	320	322	157	166	182	207	-	-	-	21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current liabilities
206	169	181	163	142	69	65	72	56	58	44	43	37	36	31	32	30	29	254	63	58	32	45	42	38	37	54	51	52	48	51	46	45	46	46	45	44	43	44	43	45
Stockholders' equity:
Preferred stock, $0.01 par value; nonvoting; 2,000,000 shares authorized; none issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.01 par value; 63,206,417 and 63,129,775 shares issued in 2020 and 2019, respectively
0	0	0	0	0	0	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Value, Issued
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Paid-in capital
395	387	382	380	378	377	380	376	375	374	374	374	358	355	345	339	332	328	324	320	314	310	304	299	295	268	264	253	237	233	225	220	214	202	192	187	181	179	175	169	162
Treasury stock, at cost; 7,896,428 and 6,940,089 shares in 2020 and 2019
525	451	451	451	450	445	445	445	445	445	430	229	229	205	205	205	205	200	200	200	200	196	196	196	196	151	150	149	148	147	142	141	137	126	124	120	120	111	110	105	102
Retained earnings
2,435	2,361	2,252	2,170	2,078	2,009	1,914	1,841	1,757	1,697	1,622	1,547	1,470	1,399	1,318	1,242	1,169	1,115	1,064	1,016	961	923	871	812	763	730	680	639	602	576	538	508	477	455	421	397	378	360	339	318	287
Accumulated Other Comprehensive Income (Loss), Net of Tax
-410	-350	-327	-301	-280	-276	-275	-272	-246	-266	-254	-264	-275	-284	-112	-91	-73	-76	-54	-40	-47	-31	-17	-5	-6	-8	-13	-19	-17	-12	-15	-21	-14	-20	-13	-2	-3	-4	-4	-7	-4
Total stockholders' equity
1,894	1,946	1,856	1,798	1,726	1,665	1,573	1,501	1,440	1,361	1,311	1,427	1,323	1,265	1,346	1,284	1,224	1,166	1,134	1,094	1,028	1,006	963	911	856	838	781	724	674	650	606	566	539	510	475	462	435	424	399	376	342
Total liabilities and stockholders' equity
5,277	5,002	4,928	4,886	4,688	4,549	4,578	4,602	3,426	3,339	3,201	3,140	2,943	2,917	2,915	2,931	2,777	2,761	2,710	2,155	2,142	2,066	1,913	1,926	1,915	1,819	1,700	1,710	1,697	1,244	1,194	1,141	1,151	1,146	1,030	1,019	881	873	866	823	816
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Inventories, net
-	-	-	-	-	-	507	487	453	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other
-	-	-	-	-	-	51	51	51	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued Liabilities, Current
-	-	-	-	-	-	377	365	310	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Tax Liabilities, Net, Noncurrent
-	-	-	-	-	-	110	102	90	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained earnings
-	-	-	-	-	-	1,913	1,840	1,756	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-