Company: THS
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001320695-25-000107
Chunk: 33

Company: TreeHouse Foods, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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Item 1. Financial Statements

TREEHOUSE FOODS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited, in millions, except per share data)

September 30, 2025December 31, 2024Assets  Current assets:  Cash and cash equivalents$21.0 $289.6 Receivables, net231.4 146.8 Inventories668.2 539.3 Prepaid expenses and other current assets48.0 34.0 Total current assets968.6 1,009.7 Property, plant, and equipment, net744.8 748.6 Operating lease right-of-use assets172.8 154.4 Goodwill1,601.4 1,819.3 Intangible assets, net254.3 212.9 Other assets, net34.1 35.1 Total assets$3,776.0 $3,980.0 Liabilities and Stockholders' Equity  Current liabilities:  Accounts payable$554.7 $602.5 Accrued expenses180.7 141.3 Current portion of long-term debt13.4 1.1 Total current liabilities748.8 744.9 Long-term debt1,486.1 1,401.3 Operating lease liabilities133.4 125.4 Deferred income taxes95.3 105.8 Other long-term liabilities49.9 53.7 Total liabilities2,513.5 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 September 30, 2025 and December 31, 2024, respectively0.6 0.6 Treasury stock(385.4)(385.4)Additional paid-in capital2,249.5 2,238.4 Accumulated deficit(522.5)(222.0)Accumulated other comprehensive loss(79.7)(82.7)Total stockholders' equity1,262.5 1,548.9 Total liabilities