v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 04, 2026
Jan. 03, 2026
Current Assets:    
Cash and cash equivalents $ 105.0 $ 209.2
Short-term investments 3.2 6.5
Receivables 630.9 571.1
Allowance for credit losses (1.5) (1.1)
Inventories, net 498.8 475.3
Prepaid expenses and other current assets 174.3 150.9
Total Current Assets 1,410.6 1,411.9
Property, Plant, and Equipment:    
Land and land improvements 84.1 99.1
Buildings 533.6 529.1
Machinery and equipment 1,089.6 1,128.5
Construction in progress 55.1 58.5
Property plant and equipment 1,762.4 1,815.2
Less accumulated depreciation (737.8) (678.0)
Net Property, Plant, and Equipment 1,024.6 1,137.2
Right-of-use - Finance Leases 11.8 11.3
Right-of-use - Operating Leases 246.0 274.5
Goodwill and Other Intangible Assets, net 1,792.6 1,702.6
Other Assets 331.9 347.6
Total Assets 4,817.6 4,885.0
Current Liabilities:    
Accounts payable and accrued expenses 914.9 1,016.4
Current maturities of debt 18.1 16.2
Current maturities of other long-term obligations 32.7 38.2
Current lease obligations - Finance 4.2 4.2
Current lease obligations - Operating 65.6 64.4
Total Current Liabilities 1,035.6 1,139.3
Long-Term Debt 1,357.1 1,276.9
Long-Term Lease Obligations - Finance 7.9 7.3
Long-Term Lease Obligations - Operating 191.2 224.6
Other Long-Term Liabilities 190.7 220.4
Deferred Income Taxes 230.0 180.9
Total Liabilities 3,012.4 3,049.5
Equity:    
HNI Corporation shareholders’ equity 1,805.2 1,835.6
Total Equity 1,805.2 1,835.6
Total Liabilities and Equity $ 4,817.6 $ 4,885.0