Company: MWA
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001350593-25-000029
Chunk: 8

Company: Mueller Water Products, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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Item 1.      FINANCIAL STATEMENTS

MUELLER WATER PRODUCTS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

 March 31,September 30, 20252024 (in millions, except share amounts)Assets:Cash and cash equivalents$329.2 $309.9 Receivables, net of allowance for credit losses of $8.1 million and $8.3 million215.3 208.9 Inventories, net305.5 301.7 Other current assets40.7 37.9 Total current assets890.7 858.4 Property, plant and equipment, net324.8 318.8 Intangible assets, net306.6 309.7 Goodwill, net80.9 80.7 Other noncurrent assets67.6 68.3 Total assets$1,670.6 $1,635.9 Liabilities and stockholders’ equity:Current portion of long-term debt$1.0 $0.8 Accounts payable118.1 109.9 Other current liabilities116.2 147.3 Total current liabilities235.3 258.0 Long-term debt449.5 448.7 Deferred income taxes53.4 55.4 Other noncurrent liabilities58.8 63.7 Total liabilities797.0 825.8 Commitments and contingencies (Note 10.)Preferred stock: par value $0.01 per share; 60,000,000 shares authorized; none outstanding at March 31, 2025, and September 30, 2024— — Common stock: par value $0.01 per share; 600,000,000 shares authorized; 156,655,939 and 156,227,170 shares outstanding at March 31, 2025, and September 30, 2024, respectively1.6 1.6 Additional paid-in capital1,183.8 1,205.2 Accumulated deficit(279.3)(365.9)Accumulated other comprehensive loss(32.5)(30.8)Total stockholders' equity873.6 810.1 Total liabilities and stockholders' equity$1,670.6 $1,635.9