Company: THS
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001320695-25-000099
Chunk: 27

Company: TreeHouse Foods, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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Item 1. Financial Statements

TREEHOUSE FOODS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited, in millions, except per share data)

June 30, 2025December 31, 2024Assets  Current assets:  Cash and cash equivalents$17.1 $289.6 Receivables, net212.0 146.8 Inventories634.8 539.3 Prepaid expenses and other current assets44.2 34.0 Total current assets908.1 1,009.7 Property, plant, and equipment, net758.5 748.6 Operating lease right-of-use assets183.8 154.4 Goodwill1,892.1 1,819.3 Intangible assets, net266.8 212.9 Other assets, net34.8 35.1 Total assets$4,044.1 $3,980.0 Liabilities and Stockholders' Equity  Current liabilities:  Accounts payable$534.5 $602.5 Accrued expenses179.9 141.3 Current portion of long-term debt5.8 1.1 Total current liabilities720.2 744.9 Long-term debt1,496.7 1,401.3 Operating lease liabilities144.9 125.4 Deferred income taxes106.3 105.8 Other long-term liabilities50.9 53.7 Total liabilities2,519.0 2,431.1 Commitments and contingencies (Note 16)Stockholders' equity:  Preferred stock, par value $0.01 per share, 10.0 shares authorized, none issued— — Common stock, par value $0.01 per share, 90.0 shares authorized, 50.5 and 50.2    shares outstanding as of June 30, 2025 and December 31, 2024, respectively0.6 0.6 Treasury stock(385.4)(385.4)Additional paid-in capital2,244.7 2,238.4 Accumulated deficit(256.7)(222.0)Accumulated other comprehensive loss(78.1)(82.7)Total stockholders' equity1,525.1 1,548.9 Total liabilities