Company: MWA
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001350593-25-000043
Chunk: 7

Company: Mueller Water Products, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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Item 1.      FINANCIAL STATEMENTS

MUELLER WATER PRODUCTS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

 June 30,September 30, 20252024 (in millions, except share amounts)Assets:Cash and cash equivalents$372.0 $309.9 Receivables, net of allowance for credit losses of $5.3 million and $8.3 million205.4 208.9 Inventories, net316.6 301.7 Other current assets43.8 37.9 Total current assets937.8 858.4 Property, plant and equipment, net327.8 318.8 Intangible assets, net308.1 309.7 Goodwill, net87.6 80.7 Other noncurrent assets69.1 68.3 Total assets$1,730.4 $1,635.9 Liabilities and stockholders’ equity:Current portion of long-term debt$1.0 $0.8 Accounts payable118.6 109.9 Other current liabilities123.2 147.3 Total current liabilities242.8 258.0 Long-term debt449.8 448.7 Deferred income taxes49.9 55.4 Other noncurrent liabilities58.9 63.7 Total liabilities801.4 825.8 Commitments and contingencies (Note 10.)Preferred stock: par value $0.01 per share; 60,000,000 shares authorized; none outstanding at June 30, 2025, and September 30, 2024— — Common stock: par value $0.01 per share; 600,000,000 shares authorized; 156,272,099 and 156,227,170 shares outstanding at June 30, 2025, and September 30, 2024, respectively1.6 1.6 Additional paid-in capital1,166.1 1,205.2 Accumulated deficit(226.8)(365.9)Accumulated other comprehensive loss(11.9)(30.8)Total stockholders' equity929.0 810.1 Total liabilities and stockholders' equity$1,730.4 $1,635.9