Wolverine World Wide (WWW) 10-Q 29 Jul 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 20, 2015	Jul. 17, 2015
Document Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 20, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Entity Registrant Name	WOLVERINE WORLD WIDE INC /DE/
Entity Central Index Key	110,471
Current Fiscal Year End Date	--01-02
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		103,100,759

Consolidated Condensed Statemen

Consolidated Condensed Statements of Operations and Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014
Income Statement [Abstract]
Revenue	$ 630.1	$ 613.5	$ 1,261.5	$ 1,241.1
Cost of goods sold	383.7	367.7	753.7	739.1
Restructuring costs	0	0.1	0	0.5
Gross profit	246.4	245.7	507.8	501.5
Selling, general and administrative expenses	195.1	190.8	393.9	381.3
Acquisition-related integration costs	0	2.5	0	4.1
Restructuring and impairment costs	3.7	3.4	2.7	3.4
Operating profit	47.6	49	111.2	112.7
Other expenses:
Interest expense, net	9	10.5	18.5	21.4
Other expense, net	1.8	0	0.8	0.8
Total other expenses	10.8	10.5	19.3	22.2
Earnings before income taxes	36.8	38.5	91.9	90.5
Income taxes	11.6	10.9	26.6	25.7
Net earnings	25.2	27.6	65.3	64.8
Less: net (loss) earnings attributable to noncontrolling interest	(0.1)	0.1	(0.1)	0.2
Net earnings attributable to Wolverine World Wide, Inc.	$ 25.3	$ 27.5	$ 65.4	$ 64.6
Net earnings per share (see Note 3):
Basic	$ 0.25	$ 0.28	$ 0.65	$ 0.65
Diluted	$ 0.24	$ 0.27	$ 0.63	$ 0.64
Comprehensive income	$ 28.4	$ 33.4	$ 58.6	$ 67.7
Less: comprehensive (loss) income attributable to noncontrolling interest	(0.2)	0.3	(0.4)	0.2
Comprehensive income attributable to Wolverine World Wide, Inc.	$ 28.6	$ 33.1	$ 59	$ 67.5
Cash dividends declared per share	$ 0.06	$ 0.06	$ 0.12	$ 0.12

Consolidated Condensed Balance

Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Jun. 20, 2015	Jan. 03, 2015	Jun. 14, 2014
Current assets:
Cash and cash equivalents	$ 220.7	$ 223.8	$ 232.4
Accounts receivable, less allowances: June 20, 2015 – $41.3; January 3, 2015 – $41.0; June 14, 2014 – $35.7	355.3	312.7	434.3
Inventories:
Finished products, net	439.2	398.1	439.6
Raw materials and work-in-process, net	13	15.9	20.2
Total inventories	452.2	414	459.8
Deferred income taxes	28.2	28.1	28.5
Prepaid expenses and other current assets	51.6	63.6	38
Total current assets	1,108	1,042.2	1,193
Property, plant and equipment:
Gross cost	429.3	415.3	417.8
Accumulated depreciation	(292)	(278.5)	(271.8)
Property plant and equipment net	137.3	136.8	146
Other assets:
Goodwill	436.5	438.8	444.8
Indefinite-lived intangibles	687.9	690.5	690.5
Amortizable intangibles, net	105.3	112.1	120.2
Deferred income taxes	2.9	2.8	3.4
Deferred financing costs, net	14.5	16.5	20
Other	62.2	64.8	63.3
Total other assets	1,309.3	1,325.5	1,342.2
Total assets	2,554.6	2,504.5	2,681.2
Current liabilities:
Accounts payable	202.1	149.4	165.9
Accrued salaries and wages	26.8	36.1	31.5
Other accrued liabilities	116.9	108.5	89.3
Current maturities of long-term debt	45.2	46.7	48.4
Total current liabilities	391	340.7	335.1
Long-term debt, less current maturities	787.9	854.1	1,082.9
Accrued pension liabilities	130.3	128.1	74.3
Deferred income taxes	219.3	217	254.9
Other liabilities	27.3	26.6	26.1
Wolverine World Wide, Inc. stockholders’ equity:
Common Stock - par value $1, authorized 320,000,000 shares; shares issued (including shares in treasury): June 20, 2015 - 103,987,155 shares; January 3, 2015 - 102,253,150 shares; June 14, 2014 - 101,895,474 shares	104	102.3	101.9
Additional paid-in capital	65.6	40.1	23.3
Retained earnings	905.5	852.2	796
Accumulated other comprehensive loss	(55.9)	(49.5)	(6.3)
Cost of shares in treasury: June 20, 2015 - 861,374; January 3, 2015 - 416,812 shares; June 14, 2014 - 393,288	(24.5)	(11.6)	(11)
Total Wolverine World Wide, Inc. stockholders’ equity	994.7	933.5	903.9
Noncontrolling interest	4.1	4.5	4
Total stockholders’ equity	998.8	938	907.9
Total liabilities and stockholders’ equity	$ 2,554.6	$ 2,504.5	$ 2,681.2

Consolidated Condensed Balance4

Consolidated Condensed Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 20, 2015	Jan. 03, 2015	Jun. 14, 2014
Statement of Financial Position [Abstract]
Accounts receivable allowance	$ 41.3	$ 41	$ 35.7
Common stock, par value	$ 1	$ 1	$ 1
Common stock, shares authorized	320,000,000	320,000,000	320,000,000
Common stock, shares issued (including treasury shares)	103,987,155	102,253,150	101,895,474
Treasury shares	861,374	416,812	393,288

Consolidated Condensed Stateme5

Consolidated Condensed Statements of Cash Flow - USD ($) $ in Millions	6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014
OPERATING ACTIVITIES
Net earnings	$ 65.3	$ 64.8
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	21.7	25
Deferred income taxes	(0.1)	0.6
Stock-based compensation expense	14.1	11.2
Excess tax benefits from stock-based compensation	(3.8)	(3.7)
Pension contribution	0	(1.5)
Pension expense	12.9	5.9
Restructuring and impairment costs	2.7	3.9
Cash payments related to restructuring costs	(4.6)	(0.5)
Other	(2.3)	2.5
Changes in operating assets and liabilities:
Accounts receivable	(44.4)	(37.8)
Inventories	(42.2)	(32.9)
Other operating assets	16.7	9.5
Accounts payable	53.3	31
Other operating liabilities	5.6	(12.4)
Net cash provided by operating activities	94.9	65.6
INVESTING ACTIVITIES
Additions to property, plant and equipment	(15.8)	(12.5)
Investment in joint venture	0	(0.7)
Other	3.2	(1.6)
Net cash used in investing activities	(12.6)	(14.8)
FINANCING ACTIVITIES
Payments on long-term debt	(67.7)	(19.4)
Cash dividends paid	(12.3)	(12)
Purchase of common stock for treasury	(5.9)	0
Purchases of shares under employee stock plans	(7.5)	(9.4)
Proceeds from the exercise of stock options	8.5	3.8
Excess tax benefits from stock-based compensation	3.8	3.7
Net cash used in financing activities	(81.1)	(33.3)
Effect of foreign exchange rate changes	(4.3)	0.7
(Decrease) increase in cash and cash equivalents	(3.1)	18.2
Cash and cash equivalents at beginning of the year	223.8	214.2
Cash and cash equivalents at end of the period	$ 220.7	$ 232.4

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 20, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Wolverine World Wide, Inc. (the “Company”) is a leading designer, manufacturer and marketer of a broad range of quality casual footwear and apparel; performance outdoor and athletic footwear and apparel; children’s footwear, industrial work shoes, boots and apparel; and uniform shoes and boots. The Company’s portfolio of owned and licensed brands includes: Bates ® , Cat ® , Chaco ® , Cushe ® , Harley-Davidson ® , Hush Puppies ® , HyTest ® , Keds ® , Merrell ® , Saucony ® , Sebago ® , Soft Style ® , Sperry ® , Stride Rite ® and Wolverine ® . Third-party distributors, licensees and joint ventures extend the global reach of the Company’s brand portfolio. The Company also operates a consumer-direct division that markets both its own brands and branded footwear and apparel from other manufacturers, as well as a leathers division that markets Wolverine Performance Leathers™ . Basis of Presentation The accompanying unaudited consolidated condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and with the instructions to the Quarterly Report on Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for a complete presentation of the financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included in the accompanying financial statements. For further information, refer to the consolidated financial statements and footnotes included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 3, 2015 . Revenue Recognition Revenue is recognized on the sale of products manufactured or sourced by the Company when the related goods have been shipped, legal title has passed to the customer and collectability is reasonably assured. Revenue generated through licensees and distributors involving products bearing the Company’s trademarks is recognized as earned according to stated contractual terms upon either the purchase or shipment of branded products by licensees and distributors. Retail store revenue is recognized at time of sale. The Company records provisions for estimated sales returns and allowances at the time of sale based on historical rates of returns and allowances and specific identification of outstanding returns not yet received from customers. However, estimates of actual returns and allowances in any future period are inherently uncertain and actual returns and allowances may differ from these estimates. If actual or expected future returns and allowances were significantly greater or less than established reserves, a reduction or increase to net revenues would be recorded in the period this determination was made. Cost of Goods Sold Cost of goods sold includes the actual product costs, including inbound freight charges and certain outbound freight charges, purchasing, sourcing, inspection and receiving costs. Warehousing costs are included in selling, general and administrative expenses. Seasonality The Company’s business is subject to seasonal influences and the Company’s fiscal year has 12 weeks in each of the first three fiscal quarters and, depending on the fiscal calendar, 16 or 17 weeks in the fourth fiscal quarter. Both of these factors can cause significant differences in revenue, earnings and cash flows from quarter to quarter; however, the differences have followed a consistent pattern in recent years.

New Accounting Standards

New Accounting Standards	6 Months Ended
	Jun. 20, 2015
Accounting Policies [Abstract]
New Accounting Standards	NEW ACCOUNTING STANDARDS In May 2014, Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”) that updates the principles for recognizing revenue. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 also amends the required disclosures of the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. The Company is evaluating the potential impacts of the new standard on its existing revenue recognition policies and procedures. In June 2014, FASB issued ASU 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (“ASU 2014-12”). ASU 2014-12 requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. ASU 2014-12 is effective for annual reporting periods beginning after December 15, 2015, with early adoption permitted. The Company is evaluating the potential impacts of the new standard on its existing stock-based compensation plans. In August 2014, FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”). ASU 2014-15 requires that an entity’s management evaluate whether there are conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. ASU 2014-15 is effective for annual periods ending after December 15, 2016 and for interim periods thereafter. The Company does not expect the new standard to have a significant impact on its quarterly reporting process. In April 2015, FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs (“ASU 2015-03”). ASU 2015-03 will require that debt issuance costs be presented in the balance sheet as a deduction from the carrying amount of the debt. The recognition and measurement guidance for debt issuance costs are not affected by ASU 2015-03. ASU 2015-03 is effective for annual reporting periods beginning after December 15, 2015, including interim periods within that reporting period, with early adoption permitted. ASU 2015-03 will require the Company to reclassify its deferred financing costs from other assets to long-term debt on a retrospective basis. The new standard will not affect the Company’s results of operations or cash flows. In April 2015, FASB issued ASU 2015-04, Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets (“ASU 2015-04”). ASU 2015-04 allows employers with a fiscal year end that does not coincide with a calendar month end to make an accounting policy election to measure defined benefit plan assets and obligations as of the end of the month closest to their fiscal year end. ASU 2015-24 is effective for interim and fiscal periods beginning after December 15, 2015. Prospective application is required, and early adoption is permitted. The Company plans to adopt the new standard during its fourth quarter of fiscal 2015.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 20, 2015
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE The Company calculates earnings per share in accordance with FASB Accounting Standards Codification (“ASC”) Topic 260, Earnings Per Share (“ASC 260”). ASC 260 addresses whether instruments granted in share-based payment transactions are participating securities prior to vesting and, therefore, need to be included in the earnings allocation in computing earnings per share under the two-class method. Under the guidance in ASC 260, the Company’s unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are participating securities and must be included in the computation of earnings per share pursuant to the two-class method. The following table sets forth the computation of basic and diluted earnings per share. 12 Weeks Ended 24 Weeks Ended (In millions, except per share data) June 20, June 14, June 20, June 14, Numerator: Net earnings attributable to Wolverine World Wide, Inc. $ 25.3 $ 27.5 $ 65.4 $ 64.6 Adjustment for earnings allocated to non-vested restricted common stock (0.4 ) (0.5 ) (1.2 ) (1.2 ) Net earnings used in calculating basic earnings per share 24.9 27.0 64.2 63.4 Adjustment for earnings reallocated from non-vested restricted common stock — 0.1 0.1 0.1 Net earnings used in calculating diluted earnings per share $ 24.9 $ 27.1 $ 64.3 $ 63.5 Denominator: Weighted average shares outstanding 103.2 101.4 102.8 101.2 Adjustment for non-vested restricted common stock (3.4 ) (3.3 ) (3.4) (3.2) Shares used in calculating basic earnings per share 99.8 98.1 99.4 98.0 Effect of dilutive stock options 1.8 1.9 1.9 1.9 Shares used in calculating diluted earnings per share 101.6 100.0 101.3 99.9 Net earnings per share: Basic $ 0.25 $ 0.28 $ 0.65 $ 0.65 Diluted $ 0.24 $ 0.27 $ 0.63 $ 0.64 For the 12 and 24 weeks ended June 20, 2015 , options relating to 1,637,793 and 1,382,502 shares of common stock outstanding, respectively, have not been included in the denominator for the computation of diluted earnings per share because they were anti-dilutive. For the 12 and 24 weeks ended June 14, 2014, options relating to 1,268,136 and 914,886 shares of common stock outstanding, respectively, have not been included in the denominator for the computation of diluted earnings per share because they were anti-dilutive.

Goodwill and Indefinite-Lived I

Goodwill and Indefinite-Lived Intangibles	6 Months Ended
	Jun. 20, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Indefinite-Lived Intangibles	GOODWILL AND INDEFINITE-LIVED INTANGIBLES The changes in the carrying amount of goodwill and indefinite-lived intangibles are as follows: (In millions) Goodwill Indefinite-lived intangibles Total Balance at December 28, 2013 $ 445.3 $ 690.5 $ 1,135.8 Foreign currency translation effects (0.5 ) — (0.5 ) Balance at June 14, 2014 $ 444.8 $ 690.5 $ 1,135.3 Balance at January 3, 2015 $ 438.8 $ 690.5 $ 1,129.3 Impairment (see Note 14) — (2.6 ) (2.6 ) Foreign currency translation effects (2.3 ) — (2.3 ) Balance at June 20, 2015 $ 436.5 $ 687.9 $ 1,124.4

Accounts Receivable (Notes)

Accounts Receivable (Notes)	6 Months Ended
	Jun. 20, 2015
Accounts Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	ACCOUNTS RECEIVABLE During the fourth quarter of fiscal 2014, the Company executed a three-year agreement with a financial institution to sell selected trade accounts receivable on a recurring, nonrecourse basis. Under the agreement, up to $ 200.0 million of accounts receivable may be sold to the financial institution and remain outstanding at any point in time. After the sale, the Company does not retain any interests in the accounts receivable and removes them from its consolidated balance sheets, but continues to service and collect the outstanding accounts receivable on behalf of the financial institution. The Company recognizes a servicing asset or servicing liability, initially measured at fair value, each time it undertakes an obligation to service the accounts receivable under the agreement. The fair value of this obligation resulted in a nominal servicing liability at June 20, 2015 and January 3, 2015 . For receivables sold under the agreement, 90 % of the stated amount is paid for in cash to the Company at the time of sale, with the remainder paid to the Company at the completion of the collection process. As of June 20, 2015 and January 3, 2015 , this program had reduced the Company's accounts receivable by $ 82.6 million and $ 60.9 million , respectively. The Company sold a total of $ 156.8 million and $ 314.1 million of accounts receivable at their stated amounts, less a $ 0.4 million and $ 0.7 million fee charged by the financial institution, during the 12 and 24 weeks ended June 20, 2015 , respectively. The fee is recorded in other expense. Net proceeds of this program are classified in operating activities in the consolidated statements of cash flows.

Debt

Debt	6 Months Ended
	Jun. 20, 2015
Debt Disclosure [Abstract]
Debt	DEBT Total debt consists of the following obligations: (In millions) June 20, January 3, June 14, Term Loan A Facility, due October 10, 2018 $ 457.5 $ 525.2 $ 755.6 Public Bonds, 6.125% interest, due October 15, 2020 375.0 375.0 375.0 Capital lease obligation 0.6 0.6 0.7 Total debt $ 833.1 $ 900.8 $ 1,131.3 The Company’s amended credit agreement (the “Credit Agreement”) established a term loan facility (the “Term Loan A Facility”) with an original principal balance of $775.0 million , of which $ 457.5 million is currently outstanding. The Credit Agreement provides for a maximum debt capacity (including outstanding term loan principal and Revolving Credit Facility commitment amounts in addition to permitted incremental debt) not to exceed $1,350.0 million . The Revolving Credit Facility allows the Company to borrow up to an aggregate amount of $200.0 million and includes a $100.0 million foreign currency subfacility under which borrowings may be made, subject to certain conditions, in Canadian dollars, British pounds, euros, Hong Kong dollars, Swedish kronor, Swiss francs and such additional currencies as are determined in accordance with the Credit Agreement. The Revolving Credit Facility also includes a $50.0 million swingline subfacility and a $50.0 million letter of credit subfacility. The interest rates applicable to amounts outstanding under the Term Loan A Facility and to U.S. dollar denominated amounts outstanding under the Revolving Credit Facility will be, at the Company’s option, either (1) the Alternate Base Rate plus an Applicable Margin as determined by the Company’s Consolidated Leverage Ratio, within a range of 0.375% to 1.25% , or (2) the Eurocurrency Rate plus an Applicable Margin as determined by the Company’s Consolidated Leverage Ratio, within a range of 1.375% to 2.25% (all capitalized terms used in this sentence are as defined in the Credit Agreement). As required by the Credit Agreement, the Company has an interest rate swap arrangement that reduces the Company’s exposure to fluctuations in interest rates on its variable rate debt. The Company had outstanding letters of credit under the Revolving Credit Facility of $ 3.6 million , $ 3.6 million and $ 3.3 million as of June 20, 2015 , January 3, 2015 and June 14, 2014 , respectively. These outstanding letters of credit reduce the borrowing capacity under the Revolving Credit Facility. The obligations of the Company pursuant to the Credit Agreement are guaranteed by substantially all of the Company’s material domestic subsidiaries and secured by substantially all of the personal and real property of the Company and its material domestic subsidiaries, subject to certain exceptions. The Credit Agreement also contains certain affirmative and negative covenants, including covenants that limit the ability of the Company and its Restricted Subsidiaries to, among other things: incur or guarantee indebtedness; incur liens; pay dividends or repurchase stock; enter into transactions with affiliates; consummate asset sales, acquisitions or mergers; prepay certain other indebtedness; or make investments, as well as covenants restricting the activities of certain foreign subsidiaries of the Company that hold intellectual property related assets. Further, the Credit Agreement requires compliance with the following financial covenants: a maximum Consolidated Leverage Ratio; a maximum Consolidated Secured Leverage Ratio; and a minimum Consolidated Interest Coverage Ratio (all capitalized terms used in this paragraph are as defined in the Credit Agreement). As of June 20, 2015 , the Company was in compliance with all covenants and performance ratios under the Credit Agreement. Subsequent to the end of the second fiscal quarter, on July 13, 2015, the Company executed an amendment to the Credit Agreement (the "Amended Agreement"), which replaced the existing Term Loan A Facility and Revolving Credit Facility with a new $ 450.0 million term loan facility and a new $ 500.0 million revolving credit facility, and extended the maturity date of these facilities to July 13, 2020. The Amended Agreement provides for increased debt capacity limited to an aggregate debt amount (including outstanding term loan principal and revolver commitment amounts in addition to permitted incremental debt) not to exceed $ 1,425.0 million , unless certain specified conditions set forth in the Credit Agreement are met. The Company has $375.0 million of senior notes outstanding that may be traded in the public market (the “Public Bonds”) that are due on October 15, 2020. The Public Bonds bear interest at 6.125% with the related interest payments due semi-annually. The Public Bonds are guaranteed by substantially all of the Company’s domestic subsidiaries. The Company has a $ 5.0 million (or the equivalent amount in Chinese renminbi) revolving line of credit facility that is uncommitted and, therefore, each borrowing against the facility is subject to approval by the lender. There were no borrowings against this facility for all periods presented. The Company has a capital lease obligation with payments scheduled to continue through February 2022. The Company included in interest expense the amortization of deferred financing costs of $ 1.0 million and $2.0 million for the 12 and 24 weeks ended June 20, 2015, respectively. The Company included in interest expense the amortization of deferred financing costs of $0.9 million and $1.9 million for the 12 and 24 weeks ended June 14, 2014, respectively.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 20, 2015
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Accumulated other comprehensive income (loss) represents net earnings and any revenue, expenses, gains and losses that, under U.S. GAAP, are excluded from net earnings and recognized directly as a component of stockholders’ equity. The change in accumulated other comprehensive income (loss) during the 12 weeks ended June 20, 2015 and June 14, 2014 is as follows: (In millions) Foreign currency translation adjustments Foreign exchange contracts Interest rate swap Pension adjustments Total Balance of accumulated other comprehensive income (loss) as of March 22, 2014 $ (5.3 ) $ 0.9 $ 0.7 $ (8.4 ) $ (12.1 ) Other comprehensive income (loss) before reclassifications (1) 5.6 (0.5 ) (0.5 ) — 4.6 Amounts reclassified from accumulated other comprehensive income (loss) — 0.2 (2) — 1.8 (3) 2.0 Income tax expense (benefit) — (0.1 ) — (0.7 ) (0.8 ) Net reclassifications — 0.1 — 1.1 1.2 Net current-period other comprehensive income (loss) (1) 5.6 (0.4 ) (0.5 ) 1.1 5.8 Balance of accumulated other comprehensive income (loss) as of June 14, 2014 $ 0.3 $ 0.5 $ 0.2 $ (7.3 ) $ (6.3 ) Balance of accumulated other comprehensive income (loss) as of March 28, 2015 $ (34.3 ) $ 13.9 $ (0.3 ) $ (38.5 ) $ (59.2 ) Other comprehensive income (loss) before reclassifications (1) 8.2 (4.6 ) — — 3.6 Amounts reclassified from accumulated other comprehensive income (loss) — (4.9 ) (2) — 4.9 (3) — Income tax expense (benefit) — 1.5 — (1.8 ) (0.3 ) Net reclassifications — (3.4 ) — 3.1 (0.3 ) Net current-period other comprehensive income (loss) (1) 8.2 (8.0 ) — 3.1 3.3 Balance of accumulated other comprehensive income (loss) as of June 20, 2015 $ (26.1 ) $ 5.9 $ (0.3 ) $ (35.4 ) $ (55.9 ) (1) Other comprehensive income is reported net of taxes and noncontrolling interest. (2) Amounts reclassified are included in cost of goods sold. (3) Amounts reclassified are included in the computation of net pension expense. The change in accumulated other comprehensive income (loss) during the 24 weeks ended June 20, 2015 and June 14, 2014 is as follows: (In millions) Foreign currency translation adjustments Foreign exchange contracts Interest rate swap Pension adjustments Total Balance of accumulated other comprehensive income (loss) as of December 28, 2013 $ 0.5 $ (0.8 ) $ 0.6 $ (9.5 ) $ (9.2 ) Other comprehensive income (loss) before reclassifications (1) (0.2 ) 0.8 (0.4 ) — 0.2 Amounts reclassified from accumulated other comprehensive income (loss) — 0.8 (2) — 3.5 (3) 4.3 Income tax expense (benefit) — (0.3 ) — (1.3 ) (1.6 ) Net reclassifications — 0.5 — 2.2 2.7 Net current-period other comprehensive income (loss) (1) (0.2 ) 1.3 (0.4 ) 2.2 2.9 Balance of accumulated other comprehensive income (loss) as of June 14, 2014 $ 0.3 $ 0.5 $ 0.2 $ (7.3 ) $ (6.3 ) Balance of accumulated other comprehensive income (loss) as of January 3, 2015 $ (16.9 ) $ 8.6 $ 0.4 $ (41.6 ) $ (49.5 ) Other comprehensive income (loss) before reclassifications (1) (9.2 ) 2.5 (0.7 ) — (7.4 ) Amounts reclassified from accumulated other comprehensive income (loss) — (7.4 ) (2) — 9.7 (3) 2.3 Income tax expense (benefit) — 2.2 — (3.5 ) (1.3 ) Net reclassifications — (5.2 ) — 6.2 1.0 Net current-period other comprehensive income (loss) (1) (9.2 ) (2.7 ) (0.7 ) 6.2 (6.4 ) Balance of accumulated other comprehensive income (loss) as of June 20, 2015 $ (26.1 ) $ 5.9 $ (0.3 ) $ (35.4 ) $ (55.9 ) (1) Other comprehensive income is reported net of taxes and noncontrolling interest. (2) Amounts reclassified are included in cost of goods sold. (3) Amounts reclassified are included in the computation of net pension expense.

Financial Instruments and Risk

Financial Instruments and Risk Management	6 Months Ended
	Jun. 20, 2015
Investments, All Other Investments [Abstract]
Financial Instruments and Risk Management	FINANCIAL INSTRUMENTS AND RISK MANAGEMENT The Company follows FASB ASC Topic 820, Fair Value Measurements and Disclosures (“ASC 820”), which provides a consistent definition of fair value, focuses on exit price, prioritizes the use of market-based inputs over entity-specific inputs for measuring fair value and establishes a three-tier hierarchy for fair value measurements. ASC 820 requires fair value measurements to be classified and disclosed in one of the following three categories: Level 1: Fair value is measured using quoted prices (unadjusted) in active markets for identical assets and liabilities. Level 2: Fair value is measured using either direct or indirect inputs, other than quoted prices included within Level 1, which are observable for similar assets or liabilities. Level 3: Fair value is measured using valuation techniques in which one or more significant inputs are unobservable. The Company’s financial instruments consist of cash and cash equivalents, accounts and notes receivable, accounts payable, foreign currency forward exchange contracts, an interest rate swap arrangement, borrowings under the Revolving Credit Facility and long-term debt. The carrying amount of the Company’s financial instruments is historical cost, which approximates fair value, except for the interest rate swap and foreign currency forward exchange contracts, which are carried at fair value. The carrying value and the fair value of the Company’s long-term debt, excluding capital leases, are as follows: (In millions) June 20, 2015 January 3, 2015 June 14, 2014 Carrying value $ 832.5 $ 900.2 $ 1,130.6 Fair value 863.1 928.4 1,167.2 The fair value of the fixed rate debt was based on third-party quotes (Level 2). The fair value of the variable rate debt was calculated by discounting the future cash flows to its present value using a discount rate based on the risk-free rate of the same maturity (Level 3). The Company follows FASB ASC Topic 815, Derivatives and Hedging (“ASC 815”), which is intended to improve transparency in financial reporting and requires that all derivative instruments be recorded on the consolidated condensed balance sheets at fair value by establishing criteria for designation and effectiveness of hedging relationships. The Company utilizes foreign currency forward exchange contracts to manage the volatility associated primarily with U.S. dollar inventory purchases made by non-U.S. wholesale operations in the normal course of business. The Company has one interest rate swap arrangement which exchanges floating rate for fixed rate interest payments over the life of the agreement without the exchange of the underlying notional amounts. This derivative instrument, which, unless otherwise terminated, will mature on October 6, 2017 , has been designated as a cash flow hedge of the debt. The notional amounts of the interest rate swap arrangement are used to measure interest to be paid or received and do not represent the amount of exposure to credit loss. The Company does not hold or issue financial instruments for trading purposes. The notional amounts of the Company’s derivative instruments are as follows: June 20, 2015 January 3, 2015 June 14, 2014 Foreign exchange contracts: Notional amount (in millions) $ 202.6 $ 141.6 $ 162.2 Maturities (in days) 356 336 336 Interest rate swap: Notional amount (in millions) $ 364.7 $ 405.4 $ 430.9 The following table sets forth financial assets and liabilities measured at fair value in the consolidated condensed balance sheets and the respective pricing levels to which the fair value measurements are classified within the fair value hierarchy. Fair Value Measurements Quoted Prices With Other Observable Inputs (Level 2) (In millions) June 20, 2015 January 3, 2015 June 14, 2014 Financial assets: Foreign exchange contracts asset $ 2.4 $ 8.6 $ 0.9 Interest rate swap asset — 0.6 0.4 Financial liabilities: Foreign exchange contracts liability 2.0 — 0.3 Interest rate swap liability 0.4 — — The fair value of the foreign currency forward exchange contracts represents the estimated receipts or payments necessary to terminate the contracts. Hedge effectiveness is evaluated by the hypothetical derivative method. Any hedge ineffectiveness is reported within the cost of goods sold line item in the consolidated condensed statements of operations and comprehensive income. Hedge ineffectiveness was not material to the Company’s consolidated financial statements for the 24 weeks ended June 20, 2015 or June 14, 2014 . If, in the future, the foreign exchange contracts are determined to be ineffective hedges or terminated before their contractual termination dates, the Company would be required to reclassify into earnings all or a portion of the unrealized amounts related to the cash flow hedges that are currently included in accumulated other comprehensive loss within stockholders’ equity. The differential paid or received on the interest rate swap arrangement is recognized as interest expense. In accordance with ASC 815, the Company has formally documented the relationship between the interest rate swap and the variable rate borrowings, as well as its risk management objective and strategy for undertaking the hedge transaction. This process included linking the derivative to the specific liability or asset on the balance sheet. The Company also assessed at the hedge’s inception, and continues to assess on an ongoing basis, whether the derivative used in the hedging transaction is highly effective in offsetting changes in the cash flows of the hedged item. The effective portion of unrealized gains (losses) is deferred as a component of accumulated other comprehensive loss and will be recognized in earnings at the time the hedged item affects earnings. Any ineffective portion of the change in fair value will be immediately recognized in earnings.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 20, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	STOCK-BASED COMPENSATION The Company accounts for stock-based compensation in accordance with the fair value recognition provisions of FASB ASC Topic 718, Compensation – Stock Compensation (“ASC 718”). The Company recognized compensation expense of $ 7.4 million and $ 14.1 million , and related income tax benefits of $ 2.5 million and $ 4.7 million , for grants under its stock-based compensation plans for the 12 and 24 weeks ended June 20, 2015 , respectively. The Company recognized compensation expense of $ 6.6 million and $ 11.2 million , and related income tax benefits of $ 2.1 million and $ 3.6 million , for grants under its stock-based compensation plans for the 12 and 24 weeks ended June 14, 2014 . Stock-based compensation expense recognized in the consolidated condensed statements of operations and comprehensive income is based on awards ultimately expected to vest and, as such, has been reduced for estimated forfeitures. ASC 718 requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. Forfeitures were estimated based on historical experience. The Company estimated the fair value of employee stock options on the date of grant using the Black-Scholes model. The estimated weighted average fair value for each option granted during the 24 weeks ended June 20, 2015 and June 14, 2014 was $ 6.37 and $ 6.21 , respectively, with the following weighted average assumptions: 24 Weeks Ended June 20, June 14, Expected market price volatility (1) 28.8 % 29.6 % Risk-free interest rate (2) 1.3 % 1.2 % Dividend yield (3) 0.9 % 0.9 % Expected term (4) 4 years 4 years (1) Based on historical volatility of the Company’s common stock. The expected volatility is based on the daily percentage change in the price of the stock over the four years prior to the grant. (2) Represents the U.S. Treasury yield curve in effect for the expected term of the option at the time of grant. (3) Represents the Company’s estimated cash dividend yield for the expected term. (4) Represents the period of time that options granted are expected to be outstanding. As part of the determination of the expected term, the Company concluded that all employee groups exhibit similar exercise and post-vesting termination behavior. The Company issued 191,470 and 132,373 shares of common stock in connection with new restricted stock grants made and the exercise of stock options during the 12 weeks ended June 20, 2015 and June 14, 2014 , respectively. During the 12 weeks ended June 20, 2015 and June 14, 2014 , the Company canceled 60,991 and 30,309 shares, respectively, of common stock issued under restricted stock awards as a result of forfeitures. The Company issued 1,938,006 and 1,360,024 shares of common stock in connection with new restricted stock grants made and the exercise of stock options during the 24 weeks ended June 20, 2015 and June 14, 2014 , respectively. During the 24 weeks ended June 20, 2015 and June 14, 2014 , the Company canceled 204,001 and 282,522 shares, respectively, of common stock issued under restricted stock awards as a result of forfeitures.

Retirement Plans

Retirement Plans	6 Months Ended
	Jun. 20, 2015
Compensation and Retirement Disclosure [Abstract]
Retirement Plans	RETIREMENT PLANS A summary of net pension and Supplemental Executive Retirement Plan expense recognized by the Company is as follows: 12 Weeks Ended 24 Weeks Ended (In millions) June 20, June 14, June 20, June 14, Service cost pertaining to benefits earned during the period $ 2.1 $ 1.6 $ 4.2 $ 3.3 Interest cost on projected benefit obligations 4.3 4.6 8.5 9.3 Expected return on pension assets (4.8 ) (5.1 ) (9.5 ) (10.2 ) Net amortization loss 4.9 1.8 9.7 3.5 Net pension expense $ 6.5 $ 2.9 $ 12.9 $ 5.9

Income Taxes

Income Taxes	6 Months Ended
	Jun. 20, 2015
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company maintains certain strategic management and operational activities in overseas subsidiaries, and its foreign earnings are taxed at rates that are generally lower than the U.S. federal statutory income tax rate. A significant amount of the Company’s earnings are generated by its Canadian, European and Asia Pacific subsidiaries and, to a lesser extent, in other foreign jurisdictions that are not subject to income tax. The Company has not provided for U.S. taxes for earnings generated in foreign jurisdictions because it plans to reinvest these earnings indefinitely outside the U.S. However, if certain foreign earnings previously treated as permanently reinvested are repatriated, the additional U.S. tax liability could have a material adverse effect on the Company’s after-tax results of operations, financial position and cash flows. The Company’s effective tax rate for the 12 weeks ended June 20, 2015 and June 14, 2014 was 31.4 % and 28.2 %, respectively. For the 24 weeks ended June 20, 2015 and June 14, 2014 , the Company’s effective tax rate was 28.9% and 28.4% , respectively. The higher effective tax rate in the current year periods reflects a shift in income between tax jurisdictions with differing tax rates. The Company is subject to periodic audits by domestic and foreign tax authorities. Currently, the Company is undergoing routine periodic audits in both domestic and foreign tax jurisdictions. It is reasonably possible that the amounts of unrecognized tax benefits could change in the next 12 months as a result of the audits; however, any payment of tax is not expected to be significant to the consolidated financial statements. The Company is no longer subject to U.S. federal, state and local or non-U.S. income tax examinations by tax authorities for years before 2010 in the majority of tax jurisdictions.

Litigation and Contingencies

Litigation and Contingencies	6 Months Ended
	Jun. 20, 2015
Commitments and Contingencies Disclosure [Abstract]
Litigation and Contingencies	LITIGATION AND CONTINGENCIES The Company is involved in various environmental claims and other legal actions arising in the normal course of business. The environmental claims include sites where the U.S. Environmental Protection Agency has notified the Company that it is a potentially responsible party with respect to environmental remediation. These remediation claims are subject to ongoing environmental impact studies, assessment of remediation alternatives, allocation of costs between responsible parties and concurrence by regulatory authorities and have not yet advanced to a stage where the Company’s liability is fixed. However, after taking into consideration legal counsel’s evaluation of all actions and claims against the Company, it is management’s opinion that the outcome of these matters will not have a material adverse effect on the Company’s consolidated financial position, results of operations or cash flows. The Company is also involved in routine non-environmental litigation incidental to its business and is a party to legal actions and claims, including, but not limited to, those related to employment and intellectual property. Some of the legal proceedings include claims for compensatory as well as punitive damages. While the final outcome of these matters cannot be predicted with certainty, considering, among other things, the meritorious legal defenses available and liabilities that have been recorded along with applicable insurance, it is management’s opinion that the outcome of these items will not have a material adverse effect on the Company’s consolidated financial position, results of operations or cash flows. Minimum future royalty and advertising obligations for the fiscal periods subsequent to June 20, 2015 under the terms of certain licenses held by the Company are as follows: (In millions) 2015 2016 2017 2018 2019 Thereafter Minimum royalties $ 0.8 $ — $ — $ — $ — $ — Minimum advertising 5.7 3.1 3.2 3.3 3.4 10.9 Minimum royalties are based on both fixed obligations and assumptions regarding the Consumer Price Index. Royalty obligations in excess of minimum requirements are based upon future sales levels. In accordance with these agreements, the Company incurred royalty expense of $ 0.4 million and $ 0.5 million for the 12 weeks ended June 20, 2015 and June 14, 2014 , respectively. For the 24 weeks ended June 20, 2015 and June 14, 2014 , the Company incurred royalty expense, in accordance with these agreements, of $ 0.9 million and $ 1.1 million , respectively. The terms of certain license agreements also require the Company to make advertising expenditures based on the level of sales of the licensed products. In accordance with these agreements, the Company incurred advertising expense of $ 1.0 million and $ 1.1 million for the 12 weeks ended June 20, 2015 and June 14, 2014 , respectively. For the 24 weeks ended June 20, 2015 and June 14, 2014 , the Company incurred advertising expense, in accordance with these agreements, of $ 1.8 million and $ 2.2 million , respectively.

Business Segments

Business Segments	6 Months Ended
	Jun. 20, 2015
Segment Reporting [Abstract]
Business Segments	BUSINESS SEGMENTS The Company’s portfolio of brands is organized into the following three operating segments, which the Company has determined are reportable operating segments. • Lifestyle Group , consisting of Sperry ® footwear and apparel, Stride Rite ® footwear and apparel, Hush Puppies ® footwear and apparel, Keds ® footwear and apparel and Soft Style ® footwear; • Performance Group , consisting of Merrell ® footwear and apparel, Saucony ® footwear and apparel, Chaco ® footwear and Cushe ® footwear and includes Patagonia ® footwear during fiscal 2014; and • Heritage Group , consisting of Wolverine ® footwear and apparel, Cat ® footwear, Bates ® uniform footwear, Sebago ® footwear and apparel, Harley-Davidson ® footwear and HyTest ® safety footwear. The reportable segments are engaged in designing, manufacturing, sourcing, marketing, licensing and distributing branded footwear, apparel and accessories. Reported revenue for the reportable operating segments includes revenue from the sale of branded footwear, apparel and accessories to third-party customers; revenue from third-party licensees and distributors; and revenue from the Company’s mono-branded consumer-direct business. The Company also reports “Other” and “Corporate” categories. The Other category consists of the Company’s multi-brand consumer-direct business, leather marketing operations and sourcing operations that include third-party commission revenues. The Corporate category consists of unallocated corporate expenses, including acquisition-related integration and restructuring and impairment costs. The Company’s operating segments are determined based on how the Company internally reports and evaluates financial information used to make operating decisions. Company management uses various financial measures to evaluate the performance of the reportable operating segments. The following is a summary of certain key financial measures for the respective fiscal periods indicated. 12 Weeks Ended 24 Weeks Ended (In millions) June 20, June 14, June 20, June 14, Revenue: Lifestyle Group $ 253.4 $ 264.1 $ 496.4 $ 502.1 Performance Group 223.3 211.2 466.7 460.0 Heritage Group 127.4 113.5 253.5 234.2 Other 26.0 24.7 44.9 44.8 Total $ 630.1 $ 613.5 $ 1,261.5 $ 1,241.1 Operating profit (loss): Lifestyle Group $ 37.2 $ 39.1 $ 66.7 $ 64.1 Performance Group 38.9 37.6 94.6 95.6 Heritage Group 14.2 14.5 32.3 32.2 Other 1.5 0.1 1.2 (1.3 ) Corporate (44.2 ) (42.3 ) (83.6 ) (77.9 ) Total $ 47.6 $ 49.0 $ 111.2 $ 112.7 (In millions) June 20, January 3, June 14, Total assets: Lifestyle Group $ 1,409.0 $ 1,378.8 $ 1,475.4 Performance Group 510.3 485.8 503.3 Heritage Group 255.3 246.4 214.6 Other 53.2 52.1 62.1 Corporate 326.8 341.4 425.8 Total $ 2,554.6 $ 2,504.5 $ 2,681.2 Goodwill: Lifestyle Group $ 321.2 $ 323.8 $ 327.9 Performance Group 92.5 92.5 92.8 Heritage Group 22.8 22.5 24.1 Total $ 436.5 $ 438.8 $ 444.8

Restructuring Activities

Restructuring Activities	6 Months Ended
	Jun. 20, 2015
Restructuring Activities [Abstract]
Restructuring Activities	RESTRUCTURING ACTIVITIES 2014 Plan On July 9, 2014, the Board of Directors of the Company approved a realignment of the Company’s consumer-direct operations (the “2014 Plan”). As a part of the 2014 Plan, the Company intends to close approximately 120 retail stores by the end of 2015, consolidate certain consumer-direct support functions and implement certain other organizational changes. The Company currently estimates pretax charges related to the 2014 Plan will range from $ 41.0 million to $ 45.0 million compared to the original estimate of $26.6 million to $32.0 million . The increase in estimated costs is driven by the Company's expansion of the Plan to further consolidate its international operations and higher retail store exit costs. The Company estimates it will record the remaining charges through the first quarter of fiscal 2016 as it executes specific components of the 2014 Plan. Approximately $ 11.0 million to $ 14.0 million of this estimate represents non-cash charges. Once fully implemented, the Company expects annual pretax benefits of approximately $ 12.5 million as a result of the 2014 Plan. The Company closed 58 retail stores in connection with the 2014 Plan during fiscal 2014 and nine retail stores during the 24 weeks ended June 20, 2015 . The balance of the estimated 120 total store closures is expected to occur in the second half of fiscal 2015, with the majority of closures occurring during the fourth quarter of fiscal 2015. The following is a summary of the activity with respect to a reserve established by the Company in connection with the 2014 Plan, by category of costs. (In millions) Severance and employee related Impairment of property and equipment Costs associated with exit or disposal activities Total Balance at January 3, 2015 $ 1.0 $ — $ 6.5 $ 7.5 Restructuring and impairment costs (gain) 1.4 0.3 (1.9 ) (0.2 ) Amounts paid (1.7 ) — (2.9 ) (4.6 ) Charges against assets — (0.3 ) (0.4 ) (0.7 ) Balance at June 20, 2015 $ 0.7 $ — $ 1.3 $ 2.0 The Company recorded these costs within its Corporate category in the restructuring and impairment costs line item as a component of operating expenses in the consolidated condensed statements of operations and comprehensive income. 2013 Plan On October 4, 2013, the Board of Directors of the Company approved a plan to restructure the Company’s Dominican Republic manufacturing operations in a manner intended to lower the Company’s cost of goods sold, as described below (the “2013 Plan”). During the fourth quarter of fiscal 2013, the Company sold a manufacturing facility in the Dominican Republic and closed a second manufacturing facility. The Company no longer maintains any Company-owned manufacturing operations in the Dominican Republic. The Company recognized $ 7.6 million of restructuring costs in fiscal 2013 and restructuring costs of $ 0.5 million during fiscal 2014. The Company does not expect to recognize any further significant costs for the 2013 Plan. The Company considers the 2013 Plan complete and all costs incurred have been recognized in the Company’s Corporate category and are included in the restructuring costs line item as a component of cost of goods sold in the consolidated condensed statements of operations and comprehensive income. The following is a summary of the activity with respect to a reserve established by the Company in connection with the 2013 Plan, by category of costs. (In millions) Severance and employee related Costs associated with exit or disposal activities Total Balance at December 28, 2013 $ — $ 0.5 $ 0.5 Restructuring costs 0.1 0.4 0.5 Amounts paid (0.1 ) (0.4 ) (0.5 ) Charges against assets — (0.2 ) (0.2 ) Balance at June 14, 2014 $ — $ 0.3 $ 0.3 Other Restructuring Activities During the second quarter of fiscal 2015, the Company recorded restructuring and impairment costs, primarily related to indefinite-lived intangibles, of $ 2.9 million in connection with the Company’s decision to wind-down operations of its Cushe brand. The Company recorded these costs within its Corporate category in the restructuring and impairment costs line item as a component of operating expenses in the consolidated condensed statements of operations and comprehensive income. During the second quarter of fiscal 2014, the Company recorded an impairment of an equity method investment and reserved certain receivables within the Company’s international operations. The impairment and asset charge were determined to be other-than-temporary and the Company recorded a non-cash charge of $ 3.4 million within its corporate category included in the restructuring and impairment costs line item as a component of selling, general and administrative expenses in the consolidated condensed statements of operations and comprehensive income

Subsidiary Guarantors of the Pu

Subsidiary Guarantors of the Public Bonds	6 Months Ended
	Jun. 20, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Subsidiary Guarantors of the Public Bonds	SUBSIDIARY GUARANTORS OF THE PUBLIC BONDS The following tables present consolidated condensed financial information for (a) the Company (for purposes of this discussion and table, “Parent”); (b) the guarantors of the Public Bonds, which include substantially all of the domestic, 100 % owned subsidiaries of the Parent (“Subsidiary Guarantors”); and (c) the wholly- and partially-owned foreign subsidiaries of the Parent, which do not guarantee the Public Bonds (“Non-Guarantor Subsidiaries”). Separate financial statements of the Subsidiary Guarantors are not presented because they are fully and unconditionally, jointly and severally liable under the guarantees, except for normal and customary release provisions. WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Operations and Comprehensive Income For the 12 Weeks Ended June 20, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ 133.5 $ 985.3 $ 182.3 $ (671.0 ) $ 630.1 Cost of goods sold 102.8 830.7 101.7 (651.5 ) 383.7 Gross profit 30.7 154.6 80.6 (19.5 ) 246.4 Selling, general and administrative expenses 43.6 109.2 61.7 (19.4 ) 195.1 Restructuring and impairment costs 1.1 0.6 2.0 — 3.7 Operating profit (loss) (14.0 ) 44.8 16.9 (0.1 ) 47.6 Other expenses: Interest expense, net 8.9 0.1 — — 9.0 Other expense (income), net 2.2 0.3 (0.7 ) — 1.8 Total other expenses (income) 11.1 0.4 (0.7 ) — 10.8 Earnings (loss) before income taxes (25.1 ) 44.4 17.6 (0.1 ) 36.8 Income tax expense (benefit) (10.1 ) 16.8 4.9 — 11.6 Earnings (loss) before equity in earnings of consolidated subsidiaries (15.0 ) 27.6 12.7 (0.1 ) 25.2 Equity in earnings of consolidated subsidiaries 40.3 32.0 7.1 (79.4 ) — Net earnings 25.3 59.6 19.8 (79.5 ) 25.2 Less: net loss attributable to noncontrolling interest — — (0.1 ) — (0.1 ) Net earnings attributable to Wolverine World Wide, Inc. $ 25.3 $ 59.6 $ 19.9 $ (79.5 ) $ 25.3 Comprehensive income $ 28.6 $ 59.6 $ 19.9 $ (79.7 ) $ 28.4 Less: comprehensive loss attributable to noncontrolling interest — — (0.2 ) — (0.2 ) Comprehensive income attributable to Wolverine World Wide, Inc. $ 28.6 $ 59.6 $ 20.1 $ (79.7 ) $ 28.6 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Operations and Comprehensive Income For the 12 Weeks Ended June 14, 2014 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ 110.2 $ 1,035.2 $ 170.3 $ (702.2 ) $ 613.5 Cost of goods sold 77.3 884.5 89.9 (684.0 ) 367.7 Restructuring costs — — 0.1 — 0.1 Gross profit 32.9 150.7 80.3 (18.2 ) 245.7 Selling, general and administrative expenses 43.2 105.3 60.8 (18.5 ) 190.8 Acquisition-related integration costs 1.9 0.6 — — 2.5 Restructuring costs 1.5 — 1.9 — 3.4 Operating profit (loss) (13.7 ) 44.8 17.6 0.3 49.0 Other expenses: Interest expense (income), net 10.5 0.1 (0.1 ) — 10.5 Other expense (income), net 0.1 (0.9 ) 0.8 — — Total other expenses 10.6 (0.8 ) 0.7 — 10.5 Earnings (loss) before income taxes (24.3 ) 45.6 16.9 0.3 38.5 Income tax expense (benefit) (9.1 ) 17.1 2.9 — 10.9 Earnings (loss) before equity in earnings (loss) of consolidated subsidiaries (15.2 ) 28.5 14.0 0.3 27.6 Equity in earnings (loss) of consolidated subsidiaries 42.7 (10.8 ) 2.2 (34.1 ) — Net earnings 27.5 17.7 16.2 (33.8 ) 27.6 Less: net earnings attributable to noncontrolling interest — — 0.1 — 0.1 Net earnings attributable to Wolverine World Wide, Inc. $ 27.5 $ 17.7 $ 16.1 $ (33.8 ) $ 27.5 Comprehensive income $ 33.3 $ 17.6 $ 21.3 $ (38.8 ) $ 33.4 Less: comprehensive income attributable to noncontrolling interest 0.2 — 0.1 — 0.3 Comprehensive income attributable to Wolverine World Wide, Inc. $ 33.1 $ 17.6 $ 21.2 $ (38.8 ) $ 33.1 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Operations and Comprehensive Income For the 24 Weeks Ended June 20, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ 269.3 $ 1,933.0 $ 373.5 $ (1,314.3 ) $ 1,261.5 Cost of goods sold 201.3 1,627.1 205.6 (1,280.3 ) 753.7 Gross profit 68.0 305.9 167.9 (34.0 ) 507.8 Selling, general and administrative expenses 90.2 215.2 122.4 (33.9 ) 393.9 Restructuring and impairment costs 1.5 1.2 — — 2.7 Operating (loss) profit (23.7 ) 89.5 45.5 (0.1 ) 111.2 Other expenses: Interest expense (income), net 18.4 0.2 (0.1 ) — 18.5 Other expense (income), net 2.2 (0.9 ) (0.5 ) — 0.8 Total other expenses (income) 20.6 (0.7 ) (0.6 ) — 19.3 Earnings (loss) before income taxes (44.3 ) 90.2 46.1 (0.1 ) 91.9 Income taxes (benefit) (17.0 ) 34.6 9.0 — 26.6 Earnings (loss) before equity in earnings of consolidated subsidiaries (27.3 ) 55.6 37.1 (0.1 ) 65.3 Equity in earnings of consolidated subsidiaries 92.7 39.1 62.1 (193.9 ) — Net earnings 65.4 94.7 99.2 (194.0 ) 65.3 Less: net loss attributable to noncontrolling interests — — (0.1 ) — (0.1 ) Net earnings attributable to Wolverine World Wide, Inc. $ 65.4 $ 94.7 $ 99.3 $ (194.0 ) $ 65.4 Comprehensive income $ 59.0 $ 94.7 $ 87.0 $ (182.1 ) $ 58.6 Less: comprehensive loss attributable to noncontrolling interest — — (0.4 ) — (0.4 ) Comprehensive income attributable to Wolverine World Wide, Inc. $ 59.0 $ 94.7 $ 87.4 $ (182.1 ) $ 59.0 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Operations and Comprehensive Income For the 24 Weeks Ended June 14, 2014 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ 224.7 $ 1,974.9 $ 370.1 $ (1,328.6 ) $ 1,241.1 Cost of goods sold 154.3 1,682.7 199.2 (1,297.1 ) 739.1 Restructuring costs — — 0.5 — 0.5 Gross profit 70.4 292.2 170.4 (31.5 ) 501.5 Selling, general and administrative expenses 81.6 210.2 121.4 (31.9 ) 381.3 Acquisition-related integration costs 2.9 1.2 — — 4.1 Restructuring costs 1.5 — 1.9 — 3.4 Operating profit (loss) (15.6 ) 80.8 47.1 0.4 112.7 Other expenses: Interest expense (income), net 21.3 0.2 (0.1 ) — 21.4 Other expense (income), net (0.3 ) (0.9 ) 2.0 — 0.8 Total other expenses (income) 21.0 (0.7 ) 1.9 — 22.2 Earnings (loss) before income taxes (36.6 ) 81.5 45.2 0.4 90.5 Income taxes (benefit) (13.7 ) 30.6 8.8 — 25.7 Earnings (loss) before equity in earnings of consolidated subsidiaries (22.9 ) 50.9 36.4 0.4 64.8 Equity in earnings of consolidated subsidiaries 87.5 48.8 35.8 (172.1 ) — Net earnings 64.6 99.7 72.2 (171.7 ) 64.8 Less: net earnings attributable to noncontrolling interests — — 0.2 — 0.2 Net earnings attributable to Wolverine World Wide, Inc. $ 64.6 $ 99.7 $ 72.0 $ (171.7 ) $ 64.6 Comprehensive income $ 67.5 $ 99.4 $ 73.2 $ (172.4 ) $ 67.7 Less: comprehensive income attributable to noncontrolling interest — — 0.2 — 0.2 Comprehensive income attributable to Wolverine World Wide, Inc. $ 67.5 $ 99.4 $ 73.0 $ (172.4 ) $ 67.5 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets As of June 20, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 60.3 $ 2.3 $ 158.1 $ — $ 220.7 Accounts receivable, net 6.8 222.2 126.3 — 355.3 Inventories: Finished products, net 79.5 277.3 82.4 — 439.2 Raw materials and work-in-process, net (0.4 ) 1.4 12.0 — 13.0 Total inventories 79.1 278.7 94.4 — 452.2 Deferred income taxes 12.8 14.0 1.4 — 28.2 Prepaid expenses and other current assets 62.3 (15.2 ) 4.5 — 51.6 Total current assets 221.3 502.0 384.7 — 1,108.0 Property, plant and equipment: Gross cost 237.2 156.8 35.3 — 429.3 Accumulated depreciation (187.2 ) (81.0 ) (23.8 ) — (292.0 ) Property, plant and equipment, net 50.0 75.8 11.5 — 137.3 Other assets: Goodwill 7.8 353.0 75.7 — 436.5 Indefinite-lived intangibles 3.8 674.9 9.2 — 687.9 Amortizable intangibles, net 0.5 104.7 0.1 — 105.3 Deferred income taxes — — 2.9 — 2.9 Deferred financing costs, net 14.5 — — — 14.5 Other 48.1 10.1 4.0 — 62.2 Intercompany accounts receivable 22.2 2,560.2 611.5 (3,193.9 ) — Investment in affiliates 3,233.9 1,039.3 967.0 (5,240.2 ) — Total other assets 3,330.8 4,742.2 1,670.4 (8,434.1 ) 1,309.3 Total assets $ 3,602.1 $ 5,320.0 $ 2,066.6 $ (8,434.1 ) $ 2,554.6 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets - continued As of June 20, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 51.9 $ 89.2 $ 61.0 $ — $ 202.1 Accrued salaries and wages 14.7 5.0 7.1 — 26.8 Other accrued liabilities 36.2 45.4 35.3 — 116.9 Current maturities of long-term debt 45.2 — — — 45.2 Total current liabilities 148.0 139.6 103.4 — 391.0 Long-term debt, less current maturities 787.3 0.6 — — 787.9 Accrued pension liabilities 109.4 20.9 — — 130.3 Deferred income taxes (58.2 ) 274.6 2.9 — 219.3 Other liabilities 14.7 10.4 2.2 — 27.3 Intercompany accounts payable 1,606.2 1,000.5 587.2 (3,193.9 ) — Stockholders’ equity: Wolverine World Wide, Inc. stockholders’ equity 994.7 3,873.4 1,366.8 (5,240.2 ) 994.7 Noncontrolling interest — — 4.1 — 4.1 Total stockholders’ equity 994.7 3,873.4 1,370.9 (5,240.2 ) 998.8 Total liabilities and stockholders’ equity $ 3,602.1 $ 5,320.0 $ 2,066.6 $ (8,434.1 ) $ 2,554.6 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets As of January 3, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 11.4 $ 3.3 $ 209.1 $ — $ 223.8 Accounts receivable, net 18.8 181.4 112.5 — 312.7 Inventories: Finished products, net 59.5 260.0 78.6 — 398.1 Raw materials and work-in-process, net 2.1 1.3 12.5 — 15.9 Total inventories 61.6 261.3 91.1 — 414.0 Deferred income taxes 12.8 14.0 1.3 — 28.1 Prepaid expenses and other current assets 24.8 21.4 17.4 — 63.6 Total current assets 129.4 481.4 431.4 — 1,042.2 Property, plant and equipment: Gross cost 230.7 150.7 33.9 — 415.3 Accumulated depreciation (183.3 ) (72.6 ) (22.6 ) — (278.5 ) Property, plant and equipment, net 47.4 78.1 11.3 — 136.8 Other assets: Goodwill 7.9 353.0 77.9 — 438.8 Indefinite-lived intangibles 4.3 674.9 11.3 — 690.5 Amortizable intangibles, net 0.6 111.5 — — 112.1 Deferred income taxes — — 2.8 — 2.8 Deferred financing costs, net 16.5 — — — 16.5 Other 49.8 11.9 3.1 — 64.8 Intercompany accounts receivable 22.1 2,225.4 621.1 (2,868.6 ) — Investment in affiliates 3,158.2 608.8 1,221.3 (4,988.3 ) — Total other assets 3,259.4 3,985.5 1,937.5 (7,856.9 ) 1,325.5 Total assets $ 3,436.2 $ 4,545.0 $ 2,380.2 $ (7,856.9 ) $ 2,504.5 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets - continued As of January 3, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 37.5 $ 66.4 $ 45.5 $ — $ 149.4 Accrued salaries and wages 23.2 6.0 6.9 — 36.1 Other accrued liabilities 31.6 40.9 36.0 — 108.5 Current maturities of long-term debt 46.7 — — — 46.7 Total current liabilities 139.0 113.3 88.4 — 340.7 Long-term debt, less current maturities 853.5 0.6 — — 854.1 Accrued pension liabilities 106.6 21.5 — — 128.1 Deferred income taxes (60.7 ) 274.7 3.0 — 217.0 Other liabilities 13.3 10.6 2.7 — 26.6 Intercompany accounts payable 1,451.0 734.5 683.1 (2,868.6 ) — Stockholders’ equity: Wolverine World Wide, Inc. stockholders’ equity 933.5 3,389.8 1,598.5 (4,988.3 ) 933.5 Noncontrolling interest — — 4.5 — 4.5 Total stockholders’ equity 933.5 3,389.8 1,603.0 (4,988.3 ) 938.0 Total liabilities and stockholders’ equity $ 3,436.2 $ 4,545.0 $ 2,380.2 $ (7,856.9 ) $ 2,504.5 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets As of June 14, 2014 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 29.0 $ 4.2 $ 199.2 $ — $ 232.4 Accounts receivable, net 19.4 286.1 128.8 — 434.3 Inventories: Finished products, net 61.9 301.5 76.5 (0.3 ) 439.6 Raw materials and work-in-process, net 1.4 1.3 17.5 — 20.2 Total inventories 63.3 302.8 94.0 (0.3 ) 459.8 Deferred income taxes 15.3 12.6 0.6 — 28.5 Prepaid expenses and other current assets 45.0 (17.5 ) 10.5 — 38.0 Total current assets 172.0 588.2 433.1 (0.3 ) 1,193.0 Property, plant and equipment: Gross cost 226.4 150.7 40.7 — 417.8 Accumulated depreciation (177.4 ) (67.8 ) (26.6 ) — (271.8 ) Property, plant and equipment, net 49.0 82.9 14.1 — 146.0 Other assets: Goodwill 7.8 353.0 84.0 — 444.8 Indefinite-lived intangibles 4.3 674.9 11.3 — 690.5 Amortizable intangibles, net 0.4 119.7 0.1 — 120.2 Deferred income taxes — — 3.4 — 3.4 Deferred financing costs, net 20.0 — — — 20.0 Other 48.8 11.5 2.7 0.3 63.3 Intercompany accounts receivable — 1,736.4 484.3 (2,220.7 ) — Investment in affiliates 3,148.5 635.4 403.5 (4,187.4 ) — Total other assets 3,229.8 3,530.9 989.3 (6,407.8 ) 1,342.2 Total assets $ 3,450.8 $ 4,202.0 $ 1,436.5 $ (6,408.1 ) $ 2,681.2 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets - continued As of June 14, 2014 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 37.1 $ 81.7 $ 47.1 $ — $ 165.9 Accrued salaries and wages 14.5 8.2 8.8 — 31.5 Other accrued liabilities 31.8 28.8 28.7 — 89.3 Current maturities of long-term debt 48.4 — — — 48.4 Total current liabilities 131.8 118.7 84.6 — 335.1 Long-term debt, less current maturities 1,082.2 0.7 — — 1,082.9 Accrued pension liabilities 63.1 11.2 — — 74.3 Deferred income taxes (37.0 ) 287.6 4.3 — 254.9 Other liabilities 13.4 10.3 2.4 — 26.1 Intercompany accounts payable 1,293.4 412.6 514.7 (2,220.7 ) — Stockholders’ equity: Wolverine World Wide, Inc. stockholders’ equity 903.9 3,360.9 826.5 (4,187.4 ) 903.9 Noncontrolling interest — — 4.0 — 4.0 Total stockholders’ equity 903.9 3,360.9 830.5 (4,187.4 ) 907.9 Total liabilities and stockholders’ equity $ 3,450.8 $ 4,202.0 $ 1,436.5 $ (6,408.1 ) $ 2,681.2 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Cash Flow For the 24 Weeks Ended June 20, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 136.1 $ 3.6 $ (44.8 ) $ — $ 94.9 INVESTING ACTIVITIES Additions to property, plant and equipment (7.6 ) (6.3 ) (1.9 ) — (15.8 ) Other 1.5 1.7 — — 3.2 Net cash used in investing activities (6.1 ) (4.6 ) (1.9 ) — (12.6 ) FINANCING ACTIVITIES Payments on long-term debt (67.7 ) — — — (67.7 ) Cash dividends paid (12.3 ) — — — (12.3 ) Purchase of common stock for treasury (5.9 ) — — — (5.9 ) Purchases of shares under employee stock plans (7.5 ) — — — (7.5 ) Proceeds from the exercise of stock options 8.5 — — — 8.5 Excess tax benefits from stock-based compensation 3.8 — — — 3.8 Net cash used in financing activities (81.1 ) — — — (81.1 ) Effect of foreign exchange rate changes — — (4.3 ) — (4.3 ) Increase (decrease) in cash and cash equivalents 48.9 (1.0 ) (51.0 ) — (3.1 ) Cash and cash equivalents at beginning of the year 11.4 3.3 209.1 — 223.8 Cash and cash equivalents at end of the period $ 60.3 $ 2.3 $ 158.1 $ — $ 220.7 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Cash Flow For the 24 Weeks Ended June 14, 2014 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 47.8 $ (2.1 ) $ 19.9 $ — $ 65.6 INVESTING ACTIVITIES Additions to property, plant and equipment (3.5 ) (7.9 ) (1.1 ) — (12.5 ) Investment in joint venture — — (0.7 ) — (0.7 ) Other (0.8 ) (0.8 ) — — (1.6 ) Net cash used in investing activities (4.3 ) (8.7 ) (1.8 ) — (14.8 ) FINANCING ACTIVITIES Payments on long-term debt (19.4 ) — — — (19.4 ) Cash dividends paid (12.0 ) — — — (12.0 ) Purchases of shares under employee stock plans (9.4 ) — — — (9.4 ) Proceeds from the exercise of stock options 3.8 — — — 3.8 Excess tax benefits from stock-based compensation 3.7 — — — 3.7 Net cash used in financing activities (33.3 ) — — — (33.3 ) Effect of foreign exchange rate changes — — 0.7 — 0.7 Increase (decrease) in cash and cash equivalents 10.2 (10.8 ) 18.8 — 18.2 Cash and cash equivalents at beginning of the year 18.8 15.0 180.4 — 214.2 Cash and cash equivalents at end of the period $ 29.0 $ 4.2 $ 199.2 $ — $ 232.4

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 20, 2015
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Wolverine World Wide, Inc. (the “Company”) is a leading designer, manufacturer and marketer of a broad range of quality casual footwear and apparel; performance outdoor and athletic footwear and apparel; children’s footwear, industrial work shoes, boots and apparel; and uniform shoes and boots. The Company’s portfolio of owned and licensed brands includes: Bates ® , Cat ® , Chaco ® , Cushe ® , Harley-Davidson ® , Hush Puppies ® , HyTest ® , Keds ® , Merrell ® , Saucony ® , Sebago ® , Soft Style ® , Sperry ® , Stride Rite ® and Wolverine ® . Third-party distributors, licensees and joint ventures extend the global reach of the Company’s brand portfolio. The Company also operates a consumer-direct division that markets both its own brands and branded footwear and apparel from other manufacturers, as well as a leathers division that markets Wolverine Performance Leathers™ .
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and with the instructions to the Quarterly Report on Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for a complete presentation of the financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included in the accompanying financial statements. For further information, refer to the consolidated financial statements and footnotes included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 3, 2015 .
Revenue Recognition	Revenue Recognition Revenue is recognized on the sale of products manufactured or sourced by the Company when the related goods have been shipped, legal title has passed to the customer and collectability is reasonably assured. Revenue generated through licensees and distributors involving products bearing the Company’s trademarks is recognized as earned according to stated contractual terms upon either the purchase or shipment of branded products by licensees and distributors. Retail store revenue is recognized at time of sale. The Company records provisions for estimated sales returns and allowances at the time of sale based on historical rates of returns and allowances and specific identification of outstanding returns not yet received from customers. However, estimates of actual returns and allowances in any future period are inherently uncertain and actual returns and allowances may differ from these estimates. If actual or expected future returns and allowances were significantly greater or less than established reserves, a reduction or increase to net revenues would be recorded in the period this determination was made.
Cost of Goods Sold	Cost of Goods Sold Cost of goods sold includes the actual product costs, including inbound freight charges and certain outbound freight charges, purchasing, sourcing, inspection and receiving costs. Warehousing costs are included in selling, general and administrative expenses.
Seasonality	Seasonality The Company’s business is subject to seasonal influences and the Company’s fiscal year has 12 weeks in each of the first three fiscal quarters and, depending on the fiscal calendar, 16 or 17 weeks in the fourth fiscal quarter. Both of these factors can cause significant differences in revenue, earnings and cash flows from quarter to quarter; however, the differences have followed a consistent pattern in recent years.

Earnings Per Share (Policies)

Earnings Per Share (Policies)	6 Months Ended
	Jun. 20, 2015
Earnings Per Share [Abstract]
Earnings Per Share	The Company calculates earnings per share in accordance with FASB Accounting Standards Codification (“ASC”) Topic 260, Earnings Per Share (“ASC 260”). ASC 260 addresses whether instruments granted in share-based payment transactions are participating securities prior to vesting and, therefore, need to be included in the earnings allocation in computing earnings per share under the two-class method. Under the guidance in ASC 260, the Company’s unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are participating securities and must be included in the computation of earnings per share pursuant to the two-class method.

Financial Instruments and Ris23

Financial Instruments and Risk Management (Policies)	6 Months Ended
	Jun. 20, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value Measurements and Disclosures	The Company follows FASB ASC Topic 820, Fair Value Measurements and Disclosures (“ASC 820”), which provides a consistent definition of fair value, focuses on exit price, prioritizes the use of market-based inputs over entity-specific inputs for measuring fair value and establishes a three-tier hierarchy for fair value measurements. ASC 820 requires fair value measurements to be classified and disclosed in one of the following three categories: Level 1: Fair value is measured using quoted prices (unadjusted) in active markets for identical assets and liabilities. Level 2: Fair value is measured using either direct or indirect inputs, other than quoted prices included within Level 1, which are observable for similar assets or liabilities. Level 3: Fair value is measured using valuation techniques in which one or more significant inputs are unobservable.
Derivatives and Hedging	The Company follows FASB ASC Topic 815, Derivatives and Hedging (“ASC 815”), which is intended to improve transparency in financial reporting and requires that all derivative instruments be recorded on the consolidated condensed balance sheets at fair value by establishing criteria for designation and effectiveness of hedging relationships. The Company utilizes foreign currency forward exchange contracts to manage the volatility associated primarily with U.S. dollar inventory purchases made by non-U.S. wholesale operations in the normal course of business.

Stock-Based Compensation (Polic

Stock-Based Compensation (Policies)	6 Months Ended
	Jun. 20, 2015
Share-based Compensation [Abstract]
Stock Based Compensation Policy	The Company accounts for stock-based compensation in accordance with the fair value recognition provisions of FASB ASC Topic 718, Compensation – Stock Compensation (“ASC 718”). The Company recognized compensation expense of $ 7.4 million and $ 14.1 million , and related income tax benefits of $ 2.5 million and $ 4.7 million , for grants under its stock-based compensation plans for the 12 and 24 weeks ended June 20, 2015 , respectively. The Company recognized compensation expense of $ 6.6 million and $ 11.2 million , and related income tax benefits of $ 2.1 million and $ 3.6 million , for grants under its stock-based compensation plans for the 12 and 24 weeks ended June 14, 2014 . Stock-based compensation expense recognized in the consolidated condensed statements of operations and comprehensive income is based on awards ultimately expected to vest and, as such, has been reduced for estimated forfeitures. ASC 718 requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. Forfeitures were estimated based on historical experience. The Company estimated the fair value of employee stock options on the date of grant using the Black-Scholes model.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 20, 2015
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share. 12 Weeks Ended 24 Weeks Ended (In millions, except per share data) June 20, June 14, June 20, June 14, Numerator: Net earnings attributable to Wolverine World Wide, Inc. $ 25.3 $ 27.5 $ 65.4 $ 64.6 Adjustment for earnings allocated to non-vested restricted common stock (0.4 ) (0.5 ) (1.2 ) (1.2 ) Net earnings used in calculating basic earnings per share 24.9 27.0 64.2 63.4 Adjustment for earnings reallocated from non-vested restricted common stock — 0.1 0.1 0.1 Net earnings used in calculating diluted earnings per share $ 24.9 $ 27.1 $ 64.3 $ 63.5 Denominator: Weighted average shares outstanding 103.2 101.4 102.8 101.2 Adjustment for non-vested restricted common stock (3.4 ) (3.3 ) (3.4) (3.2) Shares used in calculating basic earnings per share 99.8 98.1 99.4 98.0 Effect of dilutive stock options 1.8 1.9 1.9 1.9 Shares used in calculating diluted earnings per share 101.6 100.0 101.3 99.9 Net earnings per share: Basic $ 0.25 $ 0.28 $ 0.65 $ 0.65 Diluted $ 0.24 $ 0.27 $ 0.63 $ 0.64

Goodwill and Indefinite-Lived26

Goodwill and Indefinite-Lived Intangibles (Tables)	6 Months Ended
	Jun. 20, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in the Carrying Amount of Goodwill and Indefinite-Lived Intangibles	The changes in the carrying amount of goodwill and indefinite-lived intangibles are as follows: (In millions) Goodwill Indefinite-lived intangibles Total Balance at December 28, 2013 $ 445.3 $ 690.5 $ 1,135.8 Foreign currency translation effects (0.5 ) — (0.5 ) Balance at June 14, 2014 $ 444.8 $ 690.5 $ 1,135.3 Balance at January 3, 2015 $ 438.8 $ 690.5 $ 1,129.3 Impairment (see Note 14) — (2.6 ) (2.6 ) Foreign currency translation effects (2.3 ) — (2.3 ) Balance at June 20, 2015 $ 436.5 $ 687.9 $ 1,124.4

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 20, 2015
Debt Disclosure [Abstract]
Schedule of Borrowings	Total debt consists of the following obligations: (In millions) June 20, January 3, June 14, Term Loan A Facility, due October 10, 2018 $ 457.5 $ 525.2 $ 755.6 Public Bonds, 6.125% interest, due October 15, 2020 375.0 375.0 375.0 Capital lease obligation 0.6 0.6 0.7 Total debt $ 833.1 $ 900.8 $ 1,131.3

Accumulated Other Comprehensi28

Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 20, 2015
Equity [Abstract]
Changes in Accumulated Other Comprehensive Income (Loss)	The change in accumulated other comprehensive income (loss) during the 12 weeks ended June 20, 2015 and June 14, 2014 is as follows: (In millions) Foreign currency translation adjustments Foreign exchange contracts Interest rate swap Pension adjustments Total Balance of accumulated other comprehensive income (loss) as of March 22, 2014 $ (5.3 ) $ 0.9 $ 0.7 $ (8.4 ) $ (12.1 ) Other comprehensive income (loss) before reclassifications (1) 5.6 (0.5 ) (0.5 ) — 4.6 Amounts reclassified from accumulated other comprehensive income (loss) — 0.2 (2) — 1.8 (3) 2.0 Income tax expense (benefit) — (0.1 ) — (0.7 ) (0.8 ) Net reclassifications — 0.1 — 1.1 1.2 Net current-period other comprehensive income (loss) (1) 5.6 (0.4 ) (0.5 ) 1.1 5.8 Balance of accumulated other comprehensive income (loss) as of June 14, 2014 $ 0.3 $ 0.5 $ 0.2 $ (7.3 ) $ (6.3 ) Balance of accumulated other comprehensive income (loss) as of March 28, 2015 $ (34.3 ) $ 13.9 $ (0.3 ) $ (38.5 ) $ (59.2 ) Other comprehensive income (loss) before reclassifications (1) 8.2 (4.6 ) — — 3.6 Amounts reclassified from accumulated other comprehensive income (loss) — (4.9 ) (2) — 4.9 (3) — Income tax expense (benefit) — 1.5 — (1.8 ) (0.3 ) Net reclassifications — (3.4 ) — 3.1 (0.3 ) Net current-period other comprehensive income (loss) (1) 8.2 (8.0 ) — 3.1 3.3 Balance of accumulated other comprehensive income (loss) as of June 20, 2015 $ (26.1 ) $ 5.9 $ (0.3 ) $ (35.4 ) $ (55.9 ) (1) Other comprehensive income is reported net of taxes and noncontrolling interest. (2) Amounts reclassified are included in cost of goods sold. (3) Amounts reclassified are included in the computation of net pension expense. The change in accumulated other comprehensive income (loss) during the 24 weeks ended June 20, 2015 and June 14, 2014 is as follows: (In millions) Foreign currency translation adjustments Foreign exchange contracts Interest rate swap Pension adjustments Total Balance of accumulated other comprehensive income (loss) as of December 28, 2013 $ 0.5 $ (0.8 ) $ 0.6 $ (9.5 ) $ (9.2 ) Other comprehensive income (loss) before reclassifications (1) (0.2 ) 0.8 (0.4 ) — 0.2 Amounts reclassified from accumulated other comprehensive income (loss) — 0.8 (2) — 3.5 (3) 4.3 Income tax expense (benefit) — (0.3 ) — (1.3 ) (1.6 ) Net reclassifications — 0.5 — 2.2 2.7 Net current-period other comprehensive income (loss) (1) (0.2 ) 1.3 (0.4 ) 2.2 2.9 Balance of accumulated other comprehensive income (loss) as of June 14, 2014 $ 0.3 $ 0.5 $ 0.2 $ (7.3 ) $ (6.3 ) Balance of accumulated other comprehensive income (loss) as of January 3, 2015 $ (16.9 ) $ 8.6 $ 0.4 $ (41.6 ) $ (49.5 ) Other comprehensive income (loss) before reclassifications (1) (9.2 ) 2.5 (0.7 ) — (7.4 ) Amounts reclassified from accumulated other comprehensive income (loss) — (7.4 ) (2) — 9.7 (3) 2.3 Income tax expense (benefit) — 2.2 — (3.5 ) (1.3 ) Net reclassifications — (5.2 ) — 6.2 1.0 Net current-period other comprehensive income (loss) (1) (9.2 ) (2.7 ) (0.7 ) 6.2 (6.4 ) Balance of accumulated other comprehensive income (loss) as of June 20, 2015 $ (26.1 ) $ 5.9 $ (0.3 ) $ (35.4 ) $ (55.9 ) (1) Other comprehensive income is reported net of taxes and noncontrolling interest. (2) Amounts reclassified are included in cost of goods sold. (3) Amounts reclassified are included in the computation of net pension expense.

Financial Instruments and Ris29

Financial Instruments and Risk Management (Tables)	6 Months Ended
	Jun. 20, 2015
Investments, All Other Investments [Abstract]
Fair Value, by Balance Sheet Grouping [Table Text Block]	(In millions) June 20, 2015 January 3, 2015 June 14, 2014 Carrying value $ 832.5 $ 900.2 $ 1,130.6 Fair value 863.1 928.4 1,167.2
Schedule of Derivative Instruments [Table Text Block]	The notional amounts of the Company’s derivative instruments are as follows: June 20, 2015 January 3, 2015 June 14, 2014 Foreign exchange contracts: Notional amount (in millions) $ 202.6 $ 141.6 $ 162.2 Maturities (in days) 356 336 336 Interest rate swap: Notional amount (in millions) $ 364.7 $ 405.4 $ 430.9
Financial Assets and Liabilities Measured at Fair Value in Consolidated Condensed Balance Sheets	The following table sets forth financial assets and liabilities measured at fair value in the consolidated condensed balance sheets and the respective pricing levels to which the fair value measurements are classified within the fair value hierarchy. Fair Value Measurements Quoted Prices With Other Observable Inputs (Level 2) (In millions) June 20, 2015 January 3, 2015 June 14, 2014 Financial assets: Foreign exchange contracts asset $ 2.4 $ 8.6 $ 0.9 Interest rate swap asset — 0.6 0.4 Financial liabilities: Foreign exchange contracts liability 2.0 — 0.3 Interest rate swap liability 0.4 — —

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 20, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Weighted-Average Assumptions to Estimated Fair Value of Stock Options Granted	The estimated weighted average fair value for each option granted during the 24 weeks ended June 20, 2015 and June 14, 2014 was $ 6.37 and $ 6.21 , respectively, with the following weighted average assumptions: 24 Weeks Ended June 20, June 14, Expected market price volatility (1) 28.8 % 29.6 % Risk-free interest rate (2) 1.3 % 1.2 % Dividend yield (3) 0.9 % 0.9 % Expected term (4) 4 years 4 years (1) Based on historical volatility of the Company’s common stock. The expected volatility is based on the daily percentage change in the price of the stock over the four years prior to the grant. (2) Represents the U.S. Treasury yield curve in effect for the expected term of the option at the time of grant. (3) Represents the Company’s estimated cash dividend yield for the expected term. (4) Represents the period of time that options granted are expected to be outstanding. As part of the determination of the expected term, the Company concluded that all employee groups exhibit similar exercise and post-vesting termination behavior.

Retirement Plans (Tables)

Retirement Plans (Tables)	6 Months Ended
	Jun. 20, 2015
Compensation and Retirement Disclosure [Abstract]
Summary of Net Pension and SERP Expense Recognized	A summary of net pension and Supplemental Executive Retirement Plan expense recognized by the Company is as follows: 12 Weeks Ended 24 Weeks Ended (In millions) June 20, June 14, June 20, June 14, Service cost pertaining to benefits earned during the period $ 2.1 $ 1.6 $ 4.2 $ 3.3 Interest cost on projected benefit obligations 4.3 4.6 8.5 9.3 Expected return on pension assets (4.8 ) (5.1 ) (9.5 ) (10.2 ) Net amortization loss 4.9 1.8 9.7 3.5 Net pension expense $ 6.5 $ 2.9 $ 12.9 $ 5.9

Litigation and Contingencies (T

Litigation and Contingencies (Tables)	6 Months Ended
	Jun. 20, 2015
Commitments and Contingencies Disclosure [Abstract]
Minimum Royalty and Advertising Obligations Due Under Terms of Certain Licenses Held by Company	Minimum future royalty and advertising obligations for the fiscal periods subsequent to June 20, 2015 under the terms of certain licenses held by the Company are as follows: (In millions) 2015 2016 2017 2018 2019 Thereafter Minimum royalties $ 0.8 $ — $ — $ — $ — $ — Minimum advertising 5.7 3.1 3.2 3.3 3.4 10.9

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Jun. 20, 2015
Segment Reporting [Abstract]
Revenue and Operating Profit by Segment	12 Weeks Ended 24 Weeks Ended (In millions) June 20, June 14, June 20, June 14, Revenue: Lifestyle Group $ 253.4 $ 264.1 $ 496.4 $ 502.1 Performance Group 223.3 211.2 466.7 460.0 Heritage Group 127.4 113.5 253.5 234.2 Other 26.0 24.7 44.9 44.8 Total $ 630.1 $ 613.5 $ 1,261.5 $ 1,241.1 Operating profit (loss): Lifestyle Group $ 37.2 $ 39.1 $ 66.7 $ 64.1 Performance Group 38.9 37.6 94.6 95.6 Heritage Group 14.2 14.5 32.3 32.2 Other 1.5 0.1 1.2 (1.3 ) Corporate (44.2 ) (42.3 ) (83.6 ) (77.9 ) Total $ 47.6 $ 49.0 $ 111.2 $ 112.7
Assets and Goodwill by Segment	(In millions) June 20, January 3, June 14, Total assets: Lifestyle Group $ 1,409.0 $ 1,378.8 $ 1,475.4 Performance Group 510.3 485.8 503.3 Heritage Group 255.3 246.4 214.6 Other 53.2 52.1 62.1 Corporate 326.8 341.4 425.8 Total $ 2,554.6 $ 2,504.5 $ 2,681.2 Goodwill: Lifestyle Group $ 321.2 $ 323.8 $ 327.9 Performance Group 92.5 92.5 92.8 Heritage Group 22.8 22.5 24.1 Total $ 436.5 $ 438.8 $ 444.8

Restructuring Activities (Table

Restructuring Activities (Tables)	6 Months Ended
	Jun. 20, 2015
Consumer Direct Operations [Member]
Restructuring Cost and Reserve [Line Items]
Schedule of Restructuring Costs	The following is a summary of the activity with respect to a reserve established by the Company in connection with the 2014 Plan, by category of costs. (In millions) Severance and employee related Impairment of property and equipment Costs associated with exit or disposal activities Total Balance at January 3, 2015 $ 1.0 $ — $ 6.5 $ 7.5 Restructuring and impairment costs (gain) 1.4 0.3 (1.9 ) (0.2 ) Amounts paid (1.7 ) — (2.9 ) (4.6 ) Charges against assets — (0.3 ) (0.4 ) (0.7 ) Balance at June 20, 2015 $ 0.7 $ — $ 1.3 $ 2.0
Manufacturing Operations [Member]
Restructuring Cost and Reserve [Line Items]
Schedule of Restructuring Costs	The following is a summary of the activity with respect to a reserve established by the Company in connection with the 2013 Plan, by category of costs. (In millions) Severance and employee related Costs associated with exit or disposal activities Total Balance at December 28, 2013 $ — $ 0.5 $ 0.5 Restructuring costs 0.1 0.4 0.5 Amounts paid (0.1 ) (0.4 ) (0.5 ) Charges against assets — (0.2 ) (0.2 ) Balance at June 14, 2014 $ — $ 0.3 $ 0.3

Subsidiary Guarantors of the 35

Subsidiary Guarantors of the Public Bonds (Tables)	6 Months Ended
	Jun. 20, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Consolidated Condensed Statements of Operations and Comprehensive Income	WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Operations and Comprehensive Income For the 12 Weeks Ended June 20, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ 133.5 $ 985.3 $ 182.3 $ (671.0 ) $ 630.1 Cost of goods sold 102.8 830.7 101.7 (651.5 ) 383.7 Gross profit 30.7 154.6 80.6 (19.5 ) 246.4 Selling, general and administrative expenses 43.6 109.2 61.7 (19.4 ) 195.1 Restructuring and impairment costs 1.1 0.6 2.0 — 3.7 Operating profit (loss) (14.0 ) 44.8 16.9 (0.1 ) 47.6 Other expenses: Interest expense, net 8.9 0.1 — — 9.0 Other expense (income), net 2.2 0.3 (0.7 ) — 1.8 Total other expenses (income) 11.1 0.4 (0.7 ) — 10.8 Earnings (loss) before income taxes (25.1 ) 44.4 17.6 (0.1 ) 36.8 Income tax expense (benefit) (10.1 ) 16.8 4.9 — 11.6 Earnings (loss) before equity in earnings of consolidated subsidiaries (15.0 ) 27.6 12.7 (0.1 ) 25.2 Equity in earnings of consolidated subsidiaries 40.3 32.0 7.1 (79.4 ) — Net earnings 25.3 59.6 19.8 (79.5 ) 25.2 Less: net loss attributable to noncontrolling interest — — (0.1 ) — (0.1 ) Net earnings attributable to Wolverine World Wide, Inc. $ 25.3 $ 59.6 $ 19.9 $ (79.5 ) $ 25.3 Comprehensive income $ 28.6 $ 59.6 $ 19.9 $ (79.7 ) $ 28.4 Less: comprehensive loss attributable to noncontrolling interest — — (0.2 ) — (0.2 ) Comprehensive income attributable to Wolverine World Wide, Inc. $ 28.6 $ 59.6 $ 20.1 $ (79.7 ) $ 28.6 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Operations and Comprehensive Income For the 12 Weeks Ended June 14, 2014 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ 110.2 $ 1,035.2 $ 170.3 $ (702.2 ) $ 613.5 Cost of goods sold 77.3 884.5 89.9 (684.0 ) 367.7 Restructuring costs — — 0.1 — 0.1 Gross profit 32.9 150.7 80.3 (18.2 ) 245.7 Selling, general and administrative expenses 43.2 105.3 60.8 (18.5 ) 190.8 Acquisition-related integration costs 1.9 0.6 — — 2.5 Restructuring costs 1.5 — 1.9 — 3.4 Operating profit (loss) (13.7 ) 44.8 17.6 0.3 49.0 Other expenses: Interest expense (income), net 10.5 0.1 (0.1 ) — 10.5 Other expense (income), net 0.1 (0.9 ) 0.8 — — Total other expenses 10.6 (0.8 ) 0.7 — 10.5 Earnings (loss) before income taxes (24.3 ) 45.6 16.9 0.3 38.5 Income tax expense (benefit) (9.1 ) 17.1 2.9 — 10.9 Earnings (loss) before equity in earnings (loss) of consolidated subsidiaries (15.2 ) 28.5 14.0 0.3 27.6 Equity in earnings (loss) of consolidated subsidiaries 42.7 (10.8 ) 2.2 (34.1 ) — Net earnings 27.5 17.7 16.2 (33.8 ) 27.6 Less: net earnings attributable to noncontrolling interest — — 0.1 — 0.1 Net earnings attributable to Wolverine World Wide, Inc. $ 27.5 $ 17.7 $ 16.1 $ (33.8 ) $ 27.5 Comprehensive income $ 33.3 $ 17.6 $ 21.3 $ (38.8 ) $ 33.4 Less: comprehensive income attributable to noncontrolling interest 0.2 — 0.1 — 0.3 Comprehensive income attributable to Wolverine World Wide, Inc. $ 33.1 $ 17.6 $ 21.2 $ (38.8 ) $ 33.1 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Operations and Comprehensive Income For the 24 Weeks Ended June 20, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ 269.3 $ 1,933.0 $ 373.5 $ (1,314.3 ) $ 1,261.5 Cost of goods sold 201.3 1,627.1 205.6 (1,280.3 ) 753.7 Gross profit 68.0 305.9 167.9 (34.0 ) 507.8 Selling, general and administrative expenses 90.2 215.2 122.4 (33.9 ) 393.9 Restructuring and impairment costs 1.5 1.2 — — 2.7 Operating (loss) profit (23.7 ) 89.5 45.5 (0.1 ) 111.2 Other expenses: Interest expense (income), net 18.4 0.2 (0.1 ) — 18.5 Other expense (income), net 2.2 (0.9 ) (0.5 ) — 0.8 Total other expenses (income) 20.6 (0.7 ) (0.6 ) — 19.3 Earnings (loss) before income taxes (44.3 ) 90.2 46.1 (0.1 ) 91.9 Income taxes (benefit) (17.0 ) 34.6 9.0 — 26.6 Earnings (loss) before equity in earnings of consolidated subsidiaries (27.3 ) 55.6 37.1 (0.1 ) 65.3 Equity in earnings of consolidated subsidiaries 92.7 39.1 62.1 (193.9 ) — Net earnings 65.4 94.7 99.2 (194.0 ) 65.3 Less: net loss attributable to noncontrolling interests — — (0.1 ) — (0.1 ) Net earnings attributable to Wolverine World Wide, Inc. $ 65.4 $ 94.7 $ 99.3 $ (194.0 ) $ 65.4 Comprehensive income $ 59.0 $ 94.7 $ 87.0 $ (182.1 ) $ 58.6 Less: comprehensive loss attributable to noncontrolling interest — — (0.4 ) — (0.4 ) Comprehensive income attributable to Wolverine World Wide, Inc. $ 59.0 $ 94.7 $ 87.4 $ (182.1 ) $ 59.0 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Operations and Comprehensive Income For the 24 Weeks Ended June 14, 2014 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ 224.7 $ 1,974.9 $ 370.1 $ (1,328.6 ) $ 1,241.1 Cost of goods sold 154.3 1,682.7 199.2 (1,297.1 ) 739.1 Restructuring costs — — 0.5 — 0.5 Gross profit 70.4 292.2 170.4 (31.5 ) 501.5 Selling, general and administrative expenses 81.6 210.2 121.4 (31.9 ) 381.3 Acquisition-related integration costs 2.9 1.2 — — 4.1 Restructuring costs 1.5 — 1.9 — 3.4 Operating profit (loss) (15.6 ) 80.8 47.1 0.4 112.7 Other expenses: Interest expense (income), net 21.3 0.2 (0.1 ) — 21.4 Other expense (income), net (0.3 ) (0.9 ) 2.0 — 0.8 Total other expenses (income) 21.0 (0.7 ) 1.9 — 22.2 Earnings (loss) before income taxes (36.6 ) 81.5 45.2 0.4 90.5 Income taxes (benefit) (13.7 ) 30.6 8.8 — 25.7 Earnings (loss) before equity in earnings of consolidated subsidiaries (22.9 ) 50.9 36.4 0.4 64.8 Equity in earnings of consolidated subsidiaries 87.5 48.8 35.8 (172.1 ) — Net earnings 64.6 99.7 72.2 (171.7 ) 64.8 Less: net earnings attributable to noncontrolling interests — — 0.2 — 0.2 Net earnings attributable to Wolverine World Wide, Inc. $ 64.6 $ 99.7 $ 72.0 $ (171.7 ) $ 64.6 Comprehensive income $ 67.5 $ 99.4 $ 73.2 $ (172.4 ) $ 67.7 Less: comprehensive income attributable to noncontrolling interest — — 0.2 — 0.2 Comprehensive income attributable to Wolverine World Wide, Inc. $ 67.5 $ 99.4 $ 73.0 $ (172.4 ) $ 67.5
Consolidated Condensed Balance Sheets	WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets As of June 20, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 60.3 $ 2.3 $ 158.1 $ — $ 220.7 Accounts receivable, net 6.8 222.2 126.3 — 355.3 Inventories: Finished products, net 79.5 277.3 82.4 — 439.2 Raw materials and work-in-process, net (0.4 ) 1.4 12.0 — 13.0 Total inventories 79.1 278.7 94.4 — 452.2 Deferred income taxes 12.8 14.0 1.4 — 28.2 Prepaid expenses and other current assets 62.3 (15.2 ) 4.5 — 51.6 Total current assets 221.3 502.0 384.7 — 1,108.0 Property, plant and equipment: Gross cost 237.2 156.8 35.3 — 429.3 Accumulated depreciation (187.2 ) (81.0 ) (23.8 ) — (292.0 ) Property, plant and equipment, net 50.0 75.8 11.5 — 137.3 Other assets: Goodwill 7.8 353.0 75.7 — 436.5 Indefinite-lived intangibles 3.8 674.9 9.2 — 687.9 Amortizable intangibles, net 0.5 104.7 0.1 — 105.3 Deferred income taxes — — 2.9 — 2.9 Deferred financing costs, net 14.5 — — — 14.5 Other 48.1 10.1 4.0 — 62.2 Intercompany accounts receivable 22.2 2,560.2 611.5 (3,193.9 ) — Investment in affiliates 3,233.9 1,039.3 967.0 (5,240.2 ) — Total other assets 3,330.8 4,742.2 1,670.4 (8,434.1 ) 1,309.3 Total assets $ 3,602.1 $ 5,320.0 $ 2,066.6 $ (8,434.1 ) $ 2,554.6 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets - continued As of June 20, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 51.9 $ 89.2 $ 61.0 $ — $ 202.1 Accrued salaries and wages 14.7 5.0 7.1 — 26.8 Other accrued liabilities 36.2 45.4 35.3 — 116.9 Current maturities of long-term debt 45.2 — — — 45.2 Total current liabilities 148.0 139.6 103.4 — 391.0 Long-term debt, less current maturities 787.3 0.6 — — 787.9 Accrued pension liabilities 109.4 20.9 — — 130.3 Deferred income taxes (58.2 ) 274.6 2.9 — 219.3 Other liabilities 14.7 10.4 2.2 — 27.3 Intercompany accounts payable 1,606.2 1,000.5 587.2 (3,193.9 ) — Stockholders’ equity: Wolverine World Wide, Inc. stockholders’ equity 994.7 3,873.4 1,366.8 (5,240.2 ) 994.7 Noncontrolling interest — — 4.1 — 4.1 Total stockholders’ equity 994.7 3,873.4 1,370.9 (5,240.2 ) 998.8 Total liabilities and stockholders’ equity $ 3,602.1 $ 5,320.0 $ 2,066.6 $ (8,434.1 ) $ 2,554.6 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets As of January 3, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 11.4 $ 3.3 $ 209.1 $ — $ 223.8 Accounts receivable, net 18.8 181.4 112.5 — 312.7 Inventories: Finished products, net 59.5 260.0 78.6 — 398.1 Raw materials and work-in-process, net 2.1 1.3 12.5 — 15.9 Total inventories 61.6 261.3 91.1 — 414.0 Deferred income taxes 12.8 14.0 1.3 — 28.1 Prepaid expenses and other current assets 24.8 21.4 17.4 — 63.6 Total current assets 129.4 481.4 431.4 — 1,042.2 Property, plant and equipment: Gross cost 230.7 150.7 33.9 — 415.3 Accumulated depreciation (183.3 ) (72.6 ) (22.6 ) — (278.5 ) Property, plant and equipment, net 47.4 78.1 11.3 — 136.8 Other assets: Goodwill 7.9 353.0 77.9 — 438.8 Indefinite-lived intangibles 4.3 674.9 11.3 — 690.5 Amortizable intangibles, net 0.6 111.5 — — 112.1 Deferred income taxes — — 2.8 — 2.8 Deferred financing costs, net 16.5 — — — 16.5 Other 49.8 11.9 3.1 — 64.8 Intercompany accounts receivable 22.1 2,225.4 621.1 (2,868.6 ) — Investment in affiliates 3,158.2 608.8 1,221.3 (4,988.3 ) — Total other assets 3,259.4 3,985.5 1,937.5 (7,856.9 ) 1,325.5 Total assets $ 3,436.2 $ 4,545.0 $ 2,380.2 $ (7,856.9 ) $ 2,504.5 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets - continued As of January 3, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 37.5 $ 66.4 $ 45.5 $ — $ 149.4 Accrued salaries and wages 23.2 6.0 6.9 — 36.1 Other accrued liabilities 31.6 40.9 36.0 — 108.5 Current maturities of long-term debt 46.7 — — — 46.7 Total current liabilities 139.0 113.3 88.4 — 340.7 Long-term debt, less current maturities 853.5 0.6 — — 854.1 Accrued pension liabilities 106.6 21.5 — — 128.1 Deferred income taxes (60.7 ) 274.7 3.0 — 217.0 Other liabilities 13.3 10.6 2.7 — 26.6 Intercompany accounts payable 1,451.0 734.5 683.1 (2,868.6 ) — Stockholders’ equity: Wolverine World Wide, Inc. stockholders’ equity 933.5 3,389.8 1,598.5 (4,988.3 ) 933.5 Noncontrolling interest — — 4.5 — 4.5 Total stockholders’ equity 933.5 3,389.8 1,603.0 (4,988.3 ) 938.0 Total liabilities and stockholders’ equity $ 3,436.2 $ 4,545.0 $ 2,380.2 $ (7,856.9 ) $ 2,504.5 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets As of June 14, 2014 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 29.0 $ 4.2 $ 199.2 $ — $ 232.4 Accounts receivable, net 19.4 286.1 128.8 — 434.3 Inventories: Finished products, net 61.9 301.5 76.5 (0.3 ) 439.6 Raw materials and work-in-process, net 1.4 1.3 17.5 — 20.2 Total inventories 63.3 302.8 94.0 (0.3 ) 459.8 Deferred income taxes 15.3 12.6 0.6 — 28.5 Prepaid expenses and other current assets 45.0 (17.5 ) 10.5 — 38.0 Total current assets 172.0 588.2 433.1 (0.3 ) 1,193.0 Property, plant and equipment: Gross cost 226.4 150.7 40.7 — 417.8 Accumulated depreciation (177.4 ) (67.8 ) (26.6 ) — (271.8 ) Property, plant and equipment, net 49.0 82.9 14.1 — 146.0 Other assets: Goodwill 7.8 353.0 84.0 — 444.8 Indefinite-lived intangibles 4.3 674.9 11.3 — 690.5 Amortizable intangibles, net 0.4 119.7 0.1 — 120.2 Deferred income taxes — — 3.4 — 3.4 Deferred financing costs, net 20.0 — — — 20.0 Other 48.8 11.5 2.7 0.3 63.3 Intercompany accounts receivable — 1,736.4 484.3 (2,220.7 ) — Investment in affiliates 3,148.5 635.4 403.5 (4,187.4 ) — Total other assets 3,229.8 3,530.9 989.3 (6,407.8 ) 1,342.2 Total assets $ 3,450.8 $ 4,202.0 $ 1,436.5 $ (6,408.1 ) $ 2,681.2 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Balance Sheets - continued As of June 14, 2014 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 37.1 $ 81.7 $ 47.1 $ — $ 165.9 Accrued salaries and wages 14.5 8.2 8.8 — 31.5 Other accrued liabilities 31.8 28.8 28.7 — 89.3 Current maturities of long-term debt 48.4 — — — 48.4 Total current liabilities 131.8 118.7 84.6 — 335.1 Long-term debt, less current maturities 1,082.2 0.7 — — 1,082.9 Accrued pension liabilities 63.1 11.2 — — 74.3 Deferred income taxes (37.0 ) 287.6 4.3 — 254.9 Other liabilities 13.4 10.3 2.4 — 26.1 Intercompany accounts payable 1,293.4 412.6 514.7 (2,220.7 ) — Stockholders’ equity: Wolverine World Wide, Inc. stockholders’ equity 903.9 3,360.9 826.5 (4,187.4 ) 903.9 Noncontrolling interest — — 4.0 — 4.0 Total stockholders’ equity 903.9 3,360.9 830.5 (4,187.4 ) 907.9 Total liabilities and stockholders’ equity $ 3,450.8 $ 4,202.0 $ 1,436.5 $ (6,408.1 ) $ 2,681.2
Consolidated Condensed Statements of Cash Flow	WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Cash Flow For the 24 Weeks Ended June 20, 2015 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 136.1 $ 3.6 $ (44.8 ) $ — $ 94.9 INVESTING ACTIVITIES Additions to property, plant and equipment (7.6 ) (6.3 ) (1.9 ) — (15.8 ) Other 1.5 1.7 — — 3.2 Net cash used in investing activities (6.1 ) (4.6 ) (1.9 ) — (12.6 ) FINANCING ACTIVITIES Payments on long-term debt (67.7 ) — — — (67.7 ) Cash dividends paid (12.3 ) — — — (12.3 ) Purchase of common stock for treasury (5.9 ) — — — (5.9 ) Purchases of shares under employee stock plans (7.5 ) — — — (7.5 ) Proceeds from the exercise of stock options 8.5 — — — 8.5 Excess tax benefits from stock-based compensation 3.8 — — — 3.8 Net cash used in financing activities (81.1 ) — — — (81.1 ) Effect of foreign exchange rate changes — — (4.3 ) — (4.3 ) Increase (decrease) in cash and cash equivalents 48.9 (1.0 ) (51.0 ) — (3.1 ) Cash and cash equivalents at beginning of the year 11.4 3.3 209.1 — 223.8 Cash and cash equivalents at end of the period $ 60.3 $ 2.3 $ 158.1 $ — $ 220.7 WOLVERINE WORLD WIDE, INC. AND SUBSIDIARIES Consolidated Condensed Statements of Cash Flow For the 24 Weeks Ended June 14, 2014 (Unaudited) (In millions) Parent Subsidiary Guarantors Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided by (used in) operating activities $ 47.8 $ (2.1 ) $ 19.9 $ — $ 65.6 INVESTING ACTIVITIES Additions to property, plant and equipment (3.5 ) (7.9 ) (1.1 ) — (12.5 ) Investment in joint venture — — (0.7 ) — (0.7 ) Other (0.8 ) (0.8 ) — — (1.6 ) Net cash used in investing activities (4.3 ) (8.7 ) (1.8 ) — (14.8 ) FINANCING ACTIVITIES Payments on long-term debt (19.4 ) — — — (19.4 ) Cash dividends paid (12.0 ) — — — (12.0 ) Purchases of shares under employee stock plans (9.4 ) — — — (9.4 ) Proceeds from the exercise of stock options 3.8 — — — 3.8 Excess tax benefits from stock-based compensation 3.7 — — — 3.7 Net cash used in financing activities (33.3 ) — — — (33.3 ) Effect of foreign exchange rate changes — — 0.7 — 0.7 Increase (decrease) in cash and cash equivalents 10.2 (10.8 ) 18.8 — 18.2 Cash and cash equivalents at beginning of the year 18.8 15.0 180.4 — 214.2 Cash and cash equivalents at end of the period $ 29.0 $ 4.2 $ 199.2 $ — $ 232.4

Earnings Per Share (Computation

Earnings Per Share (Computation of Basic and Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014
Numerator:
Net earnings attributable to Wolverine World Wide, Inc.	$ 25.3	$ 27.5	$ 65.4	$ 64.6
Adjustment for earnings allocated to non-vested restricted common stock	(0.4)	(0.5)	(1.2)	(1.2)
Net earnings used in calculating basic earnings per share	24.9	27	64.2	63.4
Adjustment for earnings reallocated from non-vested restricted common stock	0	0.1	0.1	0.1
Net earnings used in calculating diluted earnings per share	$ 24.9	$ 27.1	$ 64.3	$ 63.5
Denominator:
Weighted average shares outstanding	103.2	101.4	102.8	101.2
Adjustment for non-vested restricted common stock	(3.4)	(3.3)	(3.4)	(3.2)
Shares used in calculating basic earnings per share	99.8	98.1	99.4	98
Effect of dilutive stock options	1.8	1.9	1.9	1.9
Shares used in calculating diluted earnings per share	101.6	100	101.3	99.9
Net earnings per share:
Basic	$ 0.25	$ 0.28	$ 0.65	$ 0.65
Diluted	$ 0.24	$ 0.27	$ 0.63	$ 0.64

Earnings Per Share (Additional

Earnings Per Share (Additional Information) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014
Earnings Per Share [Abstract]
Anti-dilutive stock options	1,637,793	1,268,136	1,382,502	914,886

Goodwill and Indefinite-Lived38

Goodwill and Indefinite-Lived Intangibles (Changes in the Carrying Amount of Goodwill and Indefinite-Lived Intangibles) (Details) - Segments [Domain] - USD ($) $ in Millions	6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014
Goodwill [Roll Forward]
Goodwill, Beginning balance	$ 438.8	$ 445.3
Goodwill, Impairment Loss	0
Foreign currency translation effects	(2.3)	(0.5)
Goodwill, Ending balance	436.5	444.8
Indefinite-lived Intangible Assets [Roll Forward]
Indefinite-lived Intangibles, Beginning balance	690.5	690.5
Impairment	(2.6)
Foreign currency translation effects	0	0
Indefinite-lived Intangibles, Ending balance	687.9	690.5
Goodwill and Indefinite-lived Intangible Assets [Roll Forward]
Goodwill and Indefinite-lived Intangibles, Beginning balance	1,129.3	1,135.8
Goodwill and Intangible Asset Impairment	(2.6)
Goodwill and Indefinite-lived Intangibles, Foreign currency translation effects	(2.3)	(0.5)
Goodwill and Indefinite-lived Intangibles, Ending balance	$ 1,124.4	$ 1,135.3

Accounts Receivable (Details)

Accounts Receivable (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 20, 2015	Jun. 20, 2015	Jan. 03, 2015
Accounts Receivables [Abstract]
Sale of accounts receivable, maximum amount under agreement	$ 200	$ 200
Sale of accounts receivable percent paid at sale	90.00%	90.00%
Accounts receivable, reduction due to sale	$ 82.6	$ 82.6	$ 60.9
Accounts receivable sold	156.8	314.1
Fee charged on sale of accounts receivable	$ 0.4	$ 0.7

Debt (Schedule of Borrowings) (

Debt (Schedule of Borrowings) (Details) - USD ($) $ in Millions	Jun. 20, 2015	Jan. 03, 2015	Jun. 14, 2014
Debt Instrument [Line Items]
Long-term debt	$ 832.5	$ 900.2	$ 1,130.6
Capital lease obligations	0.6	0.6	0.7
Total debt	833.1	900.8	1,131.3
Term Loan A [Member] | October Tenth Two Thousand Eighteen [Member]
Debt Instrument [Line Items]
Long-term debt	457.5	525.2	755.6
Public Bonds [Member] | October Fifteen Two Thousand Twenty [Member]
Debt Instrument [Line Items]
Long-term debt	$ 375	$ 375	$ 375

Debt (Additional Information) (

Debt (Additional Information) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014	Jul. 13, 2015	Jan. 03, 2015	Oct. 10, 2013
Debt Instrument [Line Items]
Long-term debt	$ 832.5	$ 1,130.6	$ 832.5	$ 1,130.6		$ 900.2
Amortization of deferred financing costs	1	0.9	$ 2	1.9
Maximum [Member]
Debt Instrument [Line Items]
Aggregate principal amount debt instrument							$ 1,350
Alternative Base Rate [Member] | Maximum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate			1.25%
Alternative Base Rate [Member] | Minimum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate			0.375%
Euro Currency Rate [Member] | Maximum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate			2.25%
Euro Currency Rate [Member] | Minimum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate			1.375%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Aggregate principal amount debt instrument	200		$ 200
Outstanding letters of credit	3.6	3.3	3.6	3.3		3.6
Foreign Currency Subfacility [Member]
Debt Instrument [Line Items]
Revolving credit facility amount	100		100
Swingline Subfacility [Member]
Debt Instrument [Line Items]
Revolving credit facility amount	50		50
Letter of Credit Subfacility [Member]
Debt Instrument [Line Items]
Revolving credit facility amount	50		50
Chinese Renminbi [Member]
Debt Instrument [Line Items]
Revolving credit facility amount	5		5
Borrowings under revolving credit agreement	0		0			0
Public Bonds [Member]
Debt Instrument [Line Items]
Aggregate principal amount debt instrument	$ 375		$ 375
Interest rate	6.125%		6.125%
October Tenth Two Thousand Eighteen [Member] | Term Loan A [Member]
Debt Instrument [Line Items]
Aggregate principal amount debt instrument							$ 775
Long-term debt	$ 457.5	$ 755.6	$ 457.5	$ 755.6		$ 525.2
Debt Refinance [Member] | Maximum [Member]
Debt Instrument [Line Items]
Aggregate principal amount debt instrument					$ 1,425
Debt Refinance [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Aggregate principal amount debt instrument					500
Debt Refinance [Member] | July Thirteenth Two Thousand Twenty [Member] [Member] | Term Loan A [Member]
Debt Instrument [Line Items]
Aggregate principal amount debt instrument					$ 450

Accumulated Other Comprehensi42

Accumulated Other Comprehensive Income (Changes in Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), Beginning balance		$ (59.2)	$ (12.1)	$ (49.5)	$ (9.2)
Other comprehensive income (loss) before reclassifications	[1]	3.6	4.6	(7.4)	0.2
Amounts reclassified from accumulated other comprehensive income (loss)		0	2	2.3	4.3
Income tax expense (benefit)		(0.3)	(0.8)	(1.3)	(1.6)
Net reclassifications		(0.3)	1.2	1	2.7
Other comprehensive income (loss)	[1]	3.3	5.8	(6.4)	2.9
Accumulated other comprehensive income (loss), Ending Balance		(55.9)	(6.3)	(55.9)	(6.3)
Foreign exchange contracts [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), Beginning balance		13.9	0.9	8.6	(0.8)
Other comprehensive income (loss) before reclassifications	[1]	(4.6)	(0.5)	2.5	0.8
Amounts reclassified from accumulated other comprehensive income (loss)	[2]	(4.9)	0.2	(7.4)	0.8
Income tax expense (benefit)		1.5	(0.1)	2.2	(0.3)
Net reclassifications		(3.4)	0.1	(5.2)	0.5
Other comprehensive income (loss)	[1]	(8)	(0.4)	(2.7)	1.3
Accumulated other comprehensive income (loss), Ending Balance		5.9	0.5	5.9	0.5
Interest Rate Swap [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), Beginning balance		(0.3)	0.7	0.4	0.6
Other comprehensive income (loss) before reclassifications	[1]		(0.5)	(0.7)	(0.4)
Other comprehensive income (loss)	[1]	0	(0.5)	(0.7)	(0.4)
Accumulated other comprehensive income (loss), Ending Balance		(0.3)	0.2	(0.3)	0.2
Foreign currency translation adjustments [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), Beginning balance		(34.3)	(5.3)	(16.9)	0.5
Other comprehensive income (loss) before reclassifications	[1]	8.2	5.6	(9.2)	(0.2)
Other comprehensive income (loss)	[1]	8.2	5.6	(9.2)	(0.2)
Accumulated other comprehensive income (loss), Ending Balance		(26.1)	0.3	(26.1)	0.3
Pension adjustments [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), Beginning balance		(38.5)	(8.4)	(41.6)	(9.5)
Amounts reclassified from accumulated other comprehensive income (loss)	[3]	4.9	1.8	9.7	3.5
Income tax expense (benefit)		(1.8)	(0.7)	(3.5)	(1.3)
Net reclassifications		3.1	1.1	6.2	2.2
Other comprehensive income (loss)	[1]	3.1	1.1	6.2	2.2
Accumulated other comprehensive income (loss), Ending Balance		$ (35.4)	$ (7.3)	$ (35.4)	$ (7.3)
[1]	Other comprehensive income is reported net of taxes and noncontrolling interest.
[2]	Amounts reclassified are included in cost of goods sold.
[3]	Amounts reclassified are included in the computation of net pension expense.

Financial Instruments and Ris43

Financial Instruments and Risk Management (Fair Value of Debt) (Details) - USD ($) $ in Millions	Jun. 20, 2015	Jan. 03, 2015	Jun. 14, 2014
Fair Value Disclosures [Abstract]
Long-term debt, including current maturities, excluding capital leases	$ 832.5	$ 900.2	$ 1,130.6
Fair value, long-term debt, including current maturities	$ 863.1	$ 928.4	$ 1,167.2

Financial Instruments and Ris44

Financial Instruments and Risk Management (Additional Information) (Details) - Jun. 20, 2015 - Interest Rate Swap [Member]	Total
Financial Instruments And Derivatives [Line Items]
Number of interest rate swap agreements	1
Financial instrument expiration date	Oct. 6, 2017

Financial Instruments and Ris45

Financial Instruments and Risk Management (Derivative Notional Amounts) (Details) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jan. 03, 2015
Foreign exchange contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	$ 202.6	$ 162.2	$ 141.6
Maximum remaining maturity of foreign currency derivatives	356 days	336 days	336 days
Interest Rate Swap [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	$ 364.7	$ 430.9	$ 405.4

Financial Instruments and Ris46

Financial Instruments and Risk Management (Financial Assets and Liabilities Measured at Fair Value) (Details) - Quoted Prices with Other Observable Inputs (Level 2) [Member] - USD ($) $ in Millions	Jun. 20, 2015	Jan. 03, 2015	Jun. 14, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign exchange contracts asset	$ 2.4	$ 8.6	$ 0.9
Interest rate swap asset	0	0.6	0.4
Foreign exchange contracts liability	2	0	0.3
Interest rate swap liability	$ 0.4	$ 0	$ 0

Stock-Based Compensation (Addit

Stock-Based Compensation (Additional Information) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based compensation expense	$ 7.4	$ 6.6	$ 14.1	$ 11.2
Related income tax benefits on share based compensation	$ 2.5	$ 2.1	$ 4.7	$ 3.6
Common stock issued in connection with new restricted stock grants and exercise of stock options	191,470	132,373	1,938,006	1,360,024
Common stock cancelled as result of forfeitures	60,991	30,309	204,001	282,522

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock Option Assumptions) (Details) - $ / shares		6 Months Ended
		Jun. 20, 2015	Jun. 14, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Weighted-average fair values of options granted		$ 6.37	$ 6.21
Expected market price volatility	[1]	28.80%	29.60%
Risk-free interest rate	[2]	1.30%	1.20%
Dividend yield	[3]	0.90%	0.90%
Expected term	[4]	4 years	4 years
Expected term, Historical volatility term		4 years	4 years
[1]	Based on historical volatility of the Company’s common stock. The expected volatility is based on the daily percentage change in the price of the stock over the four years prior to the grant.
[2]	Represents the U.S. Treasury yield curve in effect for the expected term of the option at the time of grant.
[3]	Represents the Company’s estimated cash dividend yield for the expected term.
[4]	Represents the period of time that options granted are expected to be outstanding. As part of the determination of the expected term, the Company concluded that all employee groups exhibit similar exercise and post-vesting termination behavior.

Retirement Plans (Summary of Ne

Retirement Plans (Summary of Net Pension and Supplemental Executive Retirement Plan Expense Recognized) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014
Compensation and Retirement Disclosure [Abstract]
Service cost pertaining to benefits earned during the period	$ 2.1	$ 1.6	$ 4.2	$ 3.3
Interest cost on projected benefit obligations	4.3	4.6	8.5	9.3
Expected return on pension assets	(4.8)	(5.1)	(9.5)	(10.2)
Net amortization loss	4.9	1.8	9.7	3.5
Net pension expense	$ 6.5	$ 2.9	$ 12.9	$ 5.9

Income Taxes (Additional Inform

Income Taxes (Additional Information) (Details)	3 Months Ended		6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014
Income Tax Disclosure [Abstract]
Effective tax rate	31.40%	28.20%	28.90%	28.40%

Litigation and Contingencies (M

Litigation and Contingencies (Minimum Royalty and Advertising Obligations Due Under Terms of Certain Licenses Held by Company) (Details) $ in Millions	Jun. 20, 2015USD ($)
Royalties [Member]
Unrecorded Unconditional Purchase Obligation [Line Items]
2,015	$ 0.8
2,016	0
2,017	0
2,018	0
2,019	0
Thereafter	0
Advertising [Member]
Unrecorded Unconditional Purchase Obligation [Line Items]
2,015	5.7
2,016	3.1
2,017	3.2
2,018	3.3
2,019	3.4
Thereafter	$ 10.9

Litigation and Contingencies (A

Litigation and Contingencies (Additional Information) (Details) - Licensing agreements [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014
Long-term Purchase Commitment [Line Items]
Royalty expense, licensing agreements	$ 0.4	$ 0.5	$ 0.9	$ 1.1
Advertising expense, licensing agreements	$ 1	$ 1.1	$ 1.8	$ 2.2

Business Segments (Additional I

Business Segments (Additional Information) (Details)	6 Months Ended
	Jun. 20, 2015Segment
Segment Reporting [Abstract]
Number of operating segments	3

Business Segments (Revenue and

Business Segments (Revenue and Operating Profit by Segment) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014
Segment Reporting Information [Line Items]
Revenue	$ 630.1	$ 613.5	$ 1,261.5	$ 1,241.1
Operating profit (loss)	47.6	49	111.2	112.7
Lifestyle Group [Member]
Segment Reporting Information [Line Items]
Revenue	253.4	264.1	496.4	502.1
Operating profit (loss)	37.2	39.1	66.7	64.1
Performance Group [Member]
Segment Reporting Information [Line Items]
Revenue	223.3	211.2	466.7	460
Operating profit (loss)	38.9	37.6	94.6	95.6
Heritage Group [Member]
Segment Reporting Information [Line Items]
Revenue	127.4	113.5	253.5	234.2
Operating profit (loss)	14.2	14.5	32.3	32.2
Other [Member]
Segment Reporting Information [Line Items]
Revenue	26	24.7	44.9	44.8
Operating profit (loss)	1.5	0.1	1.2	(1.3)
Corporate [Member]
Segment Reporting Information [Line Items]
Operating profit (loss)	$ (44.2)	$ (42.3)	$ (83.6)	$ (77.9)

Business Segments (Assets and G

Business Segments (Assets and Goodwill by Segment) (Details) - USD ($) $ in Millions	Jun. 20, 2015	Jan. 03, 2015	Jun. 14, 2014	Dec. 28, 2013
Segment Reporting Information [Line Items]
Total assets	$ 2,554.6	$ 2,504.5	$ 2,681.2
Goodwill	436.5	438.8	444.8	$ 445.3
Lifestyle Group [Member]
Segment Reporting Information [Line Items]
Total assets	1,409	1,378.8	1,475.4
Goodwill	321.2	323.8	327.9
Performance Group [Member]
Segment Reporting Information [Line Items]
Total assets	510.3	485.8	503.3
Goodwill	92.5	92.5	92.8
Heritage Group [Member]
Segment Reporting Information [Line Items]
Total assets	255.3	246.4	214.6
Goodwill	22.8	22.5	24.1
Other [Member]
Segment Reporting Information [Line Items]
Total assets	53.2	52.1	62.1
Corporate [Member]
Segment Reporting Information [Line Items]
Total assets	$ 326.8	$ 341.4	$ 425.8

Restructuring Activities (Restr

Restructuring Activities (Restructuring Rollforward) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014	Dec. 28, 2013
Restructuring Reserve [Roll Forward]
Restructuring costs	$ 0	$ 0.1	$ 0	$ 0.5
Restructuring and impairment costs (gain)	3.7	3.4	2.7	3.4
Amounts paid			(4.6)	(0.5)
Consumer Direct Operations [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance			7.5
Restructuring and impairment costs (gain)			(0.2)
Amounts paid			(4.6)
Charges against assets			(0.7)
Restructuring reserve, ending balance	2		2
Consumer Direct Operations [Member] | Severance and employee related [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance			1
Restructuring and impairment costs (gain)			1.4
Amounts paid			(1.7)
Restructuring reserve, ending balance	0.7		0.7
Consumer Direct Operations [Member] | Impairment of property and equipment [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance			0
Restructuring and impairment costs (gain)			0.3
Charges against assets			(0.3)
Restructuring reserve, ending balance	0		0
Consumer Direct Operations [Member] | Exit or disposal activities [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance			6.5
Restructuring and impairment costs (gain)			(1.9)
Amounts paid			(2.9)
Charges against assets			(0.4)
Restructuring reserve, ending balance	$ 1.3		$ 1.3
Manufacturing Operations [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance				0.5
Restructuring costs				0.5	$ 7.6
Amounts paid				(0.5)
Charges against assets				(0.2)
Restructuring reserve, ending balance		0.3		0.3	0.5
Manufacturing Operations [Member] | Severance and employee related [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance				0
Restructuring costs				0.1
Amounts paid				(0.1)
Restructuring reserve, ending balance		0		0	0
Manufacturing Operations [Member] | Exit or disposal activities [Member]
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance				0.5
Restructuring costs				0.4
Amounts paid				(0.4)
Charges against assets				(0.2)
Restructuring reserve, ending balance		$ 0.3		$ 0.3	$ 0.5

Restructuring Activities (Addit

Restructuring Activities (Additional Information) (Details) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 20, 2015USD ($)	Jun. 14, 2014USD ($)	Jun. 20, 2015USD ($)	Jun. 14, 2014USD ($)	Jan. 03, 2015USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 0	$ 0.1	$ 0	$ 0.5
Restructuring and impairment costs (gain)	$ 3.7	$ 3.4	2.7	3.4
Consumer Direct Operations [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment costs (gain)			$ (0.2)
Number Of Retail Stores Closed			9		58
Brand Discontinuation [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment costs (gain)			$ 2.9
Equity Method Investments [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment costs (gain)				$ 3.4
Impairment of property and equipment [Member] | Consumer Direct Operations [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment costs (gain)			$ 0.3
Maximum [Member] | Consumer Direct Operations [Member]
Restructuring Cost and Reserve [Line Items]
Number of retail stores expected to close	120		120
Estimated pretax restructuring charges	$ 45		$ 45		$ 32
Estimated non-cash charges			14
Estimated annualized pretax benefit			12.5
Minimum [Member] | Consumer Direct Operations [Member]
Restructuring Cost and Reserve [Line Items]
Estimated pretax restructuring charges	$ 41		41		$ 26.6
Estimated non-cash charges			$ 11

Subsidiary Guarantors of the 58

Subsidiary Guarantors of the Public Bonds (Additional Information) (Details)	Jun. 20, 2015
Condensed Financial Information of Parent Company [Abstract]
Ownership percentage of subsidiaries by parent	100.00%

Subsidiary Guarantors of the 59

Subsidiary Guarantors of the Public Bonds (Consolidated Condensed Statements of Operations and Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014	Jun. 20, 2015	Jun. 14, 2014
Condensed Income Statements, Captions [Line Items]
Revenue	$ 630.1	$ 613.5	$ 1,261.5	$ 1,241.1
Cost of goods sold	383.7	367.7	753.7	739.1
Restructuring costs	0	0.1	0	0.5
Gross profit	246.4	245.7	507.8	501.5
Selling, general and administrative expenses	195.1	190.8	393.9	381.3
Acquisition-related integration costs	0	2.5	0	4.1
Restructuring and impairment costs	3.7	3.4	2.7	3.4
Operating Income (Loss)	47.6	49	111.2	112.7
Other expenses:
Interest expense (income), net	9	10.5	18.5	21.4
Other expense (income), net	1.8	0	0.8	0.8
Total other expenses (income)	(10.8)	(10.5)	(19.3)	(22.2)
Earnings (loss) before income taxes	36.8	38.5	91.9	90.5
Income tax expense (benefit)	11.6	10.9	26.6	25.7
Earnings (loss) before equity in earnings of consolidated subsidiaries	25.2	27.6	65.3	64.8
Net earnings	25.2	27.6	65.3	64.8
Less: net earnings (loss) attributable to non-controlling interests	(0.1)	0.1	(0.1)	0.2
Net earnings attributable to Wolverine World Wide, Inc.	25.3	27.5	65.4	64.6
Comprehensive income	28.4	33.4	58.6	67.7
Less: comprehensive income (loss) attributable to non-controlling interest	(0.2)	0.3	(0.4)	0.2
Comprehensive income attributable to Wolverine World Wide, Inc.	28.6	33.1	59	67.5
Parent [Member]
Condensed Income Statements, Captions [Line Items]
Revenue	133.5	110.2	269.3	224.7
Cost of goods sold	102.8	77.3	201.3	154.3
Restructuring costs		0		0
Gross profit	30.7	32.9	68	70.4
Selling, general and administrative expenses	43.6	43.2	90.2	81.6
Acquisition-related integration costs		1.9		2.9
Restructuring and impairment costs	1.1	1.5	1.5	1.5
Operating Income (Loss)	(14)	(13.7)	(23.7)	(15.6)
Other expenses:
Interest expense (income), net	8.9	10.5	18.4	21.3
Other expense (income), net	2.2	0.1	2.2	(0.3)
Total other expenses (income)	(11.1)	(10.6)	(20.6)	(21)
Earnings (loss) before income taxes	(25.1)	(24.3)	(44.3)	(36.6)
Income tax expense (benefit)	(10.1)	(9.1)	(17)	(13.7)
Earnings (loss) before equity in earnings of consolidated subsidiaries	(15)	(15.2)	(27.3)	(22.9)
Equity in earnings (loss) of consolidated subsidiaries	40.3	42.7	92.7	87.5
Net earnings	25.3	27.5	65.4	64.6
Net earnings attributable to Wolverine World Wide, Inc.	25.3	27.5	65.4	64.6
Comprehensive income	28.6	33.3	59	67.5
Less: comprehensive income (loss) attributable to non-controlling interest		0.2
Comprehensive income attributable to Wolverine World Wide, Inc.	28.6	33.1	59	67.5
Subsidiary Guarantors [Member]
Condensed Income Statements, Captions [Line Items]
Revenue	985.3	1,035.2	1,933	1,974.9
Cost of goods sold	830.7	884.5	1,627.1	1,682.7
Restructuring costs		0		0
Gross profit	154.6	150.7	305.9	292.2
Selling, general and administrative expenses	109.2	105.3	215.2	210.2
Acquisition-related integration costs		0.6		1.2
Restructuring and impairment costs	0.6		1.2
Operating Income (Loss)	44.8	44.8	89.5	80.8
Other expenses:
Interest expense (income), net	0.1	0.1	0.2	0.2
Other expense (income), net	0.3	(0.9)	(0.9)	(0.9)
Total other expenses (income)	(0.4)	0.8	0.7	0.7
Earnings (loss) before income taxes	44.4	45.6	90.2	81.5
Income tax expense (benefit)	16.8	17.1	34.6	30.6
Earnings (loss) before equity in earnings of consolidated subsidiaries	27.6	28.5	55.6	50.9
Equity in earnings (loss) of consolidated subsidiaries	32	(10.8)	39.1	48.8
Net earnings	59.6	17.7	94.7	99.7
Net earnings attributable to Wolverine World Wide, Inc.	59.6	17.7	94.7	99.7
Comprehensive income	59.6	17.6	94.7	99.4
Comprehensive income attributable to Wolverine World Wide, Inc.	59.6	17.6	94.7	99.4
Non-Guarantor Subsidiaries [Member]
Condensed Income Statements, Captions [Line Items]
Revenue	182.3	170.3	373.5	370.1
Cost of goods sold	101.7	89.9	205.6	199.2
Restructuring costs		0.1		0.5
Gross profit	80.6	80.3	167.9	170.4
Selling, general and administrative expenses	61.7	60.8	122.4	121.4
Acquisition-related integration costs		0		0
Restructuring and impairment costs	2	1.9		1.9
Operating Income (Loss)	16.9	17.6	45.5	47.1
Other expenses:
Interest expense (income), net		(0.1)	(0.1)	(0.1)
Other expense (income), net	(0.7)	0.8	(0.5)	2
Total other expenses (income)	0.7	(0.7)	0.6	(1.9)
Earnings (loss) before income taxes	17.6	16.9	46.1	45.2
Income tax expense (benefit)	4.9	2.9	9	8.8
Earnings (loss) before equity in earnings of consolidated subsidiaries	12.7	14	37.1	36.4
Equity in earnings (loss) of consolidated subsidiaries	7.1	2.2	62.1	35.8
Net earnings	19.8	16.2	99.2	72.2
Less: net earnings (loss) attributable to non-controlling interests	(0.1)	0.1	(0.1)	0.2
Net earnings attributable to Wolverine World Wide, Inc.	19.9	16.1	99.3	72
Comprehensive income	19.9	21.3	87	73.2
Less: comprehensive income (loss) attributable to non-controlling interest	(0.2)	0.1	(0.4)	0.2
Comprehensive income attributable to Wolverine World Wide, Inc.	20.1	21.2	87.4	73
Eliminations [Member]
Condensed Income Statements, Captions [Line Items]
Revenue	(671)	(702.2)	(1,314.3)	(1,328.6)
Cost of goods sold	(651.5)	(684)	(1,280.3)	(1,297.1)
Restructuring costs		0		0
Gross profit	(19.5)	(18.2)	(34)	(31.5)
Selling, general and administrative expenses	(19.4)	(18.5)	(33.9)	(31.9)
Operating Income (Loss)	(0.1)	0.3	(0.1)	0.4
Other expenses:
Earnings (loss) before income taxes	(0.1)	0.3	(0.1)	0.4
Earnings (loss) before equity in earnings of consolidated subsidiaries	(0.1)	0.3	(0.1)	0.4
Equity in earnings (loss) of consolidated subsidiaries	(79.4)	(34.1)	(193.9)	(172.1)
Net earnings	(79.5)	(33.8)	(194)	(171.7)
Net earnings attributable to Wolverine World Wide, Inc.	(79.5)	(33.8)	(194)	(171.7)
Comprehensive income	(79.7)	(38.8)	(182.1)	(172.4)
Comprehensive income attributable to Wolverine World Wide, Inc.	$ (79.7)	$ (38.8)	$ (182.1)	$ (172.4)

Subsidiary Guarantors of the 60

Subsidiary Guarantors of the Public Bonds (Consolidated Condensed Balance Sheets) (Details) - USD ($) $ in Millions	Jun. 20, 2015	Jan. 03, 2015	Jun. 14, 2014	Dec. 28, 2013
Current assets:
Cash and cash equivalents	$ 220.7	$ 223.8	$ 232.4	$ 214.2
Accounts receivable, net	355.3	312.7	434.3
Inventories:
Finished products, net	439.2	398.1	439.6
Raw materials and work-in-process, net	13	15.9	20.2
Total inventories	452.2	414	459.8
Deferred income taxes	28.2	28.1	28.5
Prepaid expenses and other current assets	51.6	63.6	38
Total current assets	1,108	1,042.2	1,193
Property, plant and equipment:
Gross cost	429.3	415.3	417.8
Accumulated depreciation	(292)	(278.5)	(271.8)
Property plant and equipment net	137.3	136.8	146
Other assets:
Goodwill	436.5	438.8	444.8	445.3
Indefinite-lived intangibles	687.9	690.5	690.5	690.5
Amortizable intangibles, net	105.3	112.1	120.2
Deferred income taxes	2.9	2.8	3.4
Deferred financing costs, net	14.5	16.5	20
Other	62.2	64.8	63.3
Total other assets	1,309.3	1,325.5	1,342.2
Total assets	2,554.6	2,504.5	2,681.2
Current liabilities:
Accounts payable	202.1	149.4	165.9
Accrued salaries and wages	26.8	36.1	31.5
Other accrued liabilities	116.9	108.5	89.3
Current maturities of long-term debt	45.2	46.7	48.4
Total current liabilities	391	340.7	335.1
Long-term debt, less current maturities	787.9	854.1	1,082.9
Accrued pension liabilities	130.3	128.1	74.3
Deferred income taxes	219.3	217	254.9
Other liabilities	27.3	26.6	26.1
Stockholders’ equity
Wolverine World Wide, Inc. stockholders’ equity	994.7	933.5	903.9
Noncontrolling interest	4.1	4.5	4
Total stockholders’ equity	998.8	938	907.9
Total liabilities and stockholders’ equity	2,554.6	2,504.5	2,681.2
Parent [Member]
Current assets:
Cash and cash equivalents	60.3	11.4	29	18.8
Accounts receivable, net	6.8	18.8	19.4
Inventories:
Finished products, net	79.5	59.5	61.9
Raw materials and work-in-process, net	(0.4)	2.1	1.4
Total inventories	79.1	61.6	63.3
Deferred income taxes	12.8	12.8	15.3
Prepaid expenses and other current assets	62.3	24.8	45
Total current assets	221.3	129.4	172
Property, plant and equipment:
Gross cost	237.2	230.7	226.4
Accumulated depreciation	(187.2)	(183.3)	(177.4)
Property plant and equipment net	50	47.4	49
Other assets:
Goodwill	7.8	7.9	7.8
Indefinite-lived intangibles	3.8	4.3	4.3
Amortizable intangibles, net	0.5	0.6	0.4
Deferred income taxes			0
Deferred financing costs, net	14.5	16.5	20
Other	48.1	49.8	48.8
Intercompany accounts receivable	22.2	22.1	0
Investment in affiliates	3,233.9	3,158.2	3,148.5
Total other assets	3,330.8	3,259.4	3,229.8
Total assets	3,602.1	3,436.2	3,450.8
Current liabilities:
Accounts payable	51.9	37.5	37.1
Accrued salaries and wages	14.7	23.2	14.5
Other accrued liabilities	36.2	31.6	31.8
Current maturities of long-term debt	45.2	46.7	48.4
Total current liabilities	148	139	131.8
Long-term debt, less current maturities	787.3	853.5	1,082.2
Accrued pension liabilities	109.4	106.6	63.1
Deferred income taxes	(58.2)	(60.7)	(37)
Other liabilities	14.7	13.3	13.4
Intercompany accounts payable	1,606.2	1,451	1,293.4
Stockholders’ equity
Wolverine World Wide, Inc. stockholders’ equity	994.7	933.5	903.9
Noncontrolling interest			0
Total stockholders’ equity	994.7	933.5	903.9
Total liabilities and stockholders’ equity	3,602.1	3,436.2	3,450.8
Subsidiary Guarantors [Member]
Current assets:
Cash and cash equivalents	2.3	3.3	4.2	15
Accounts receivable, net	222.2	181.4	286.1
Inventories:
Finished products, net	277.3	260	301.5
Raw materials and work-in-process, net	1.4	1.3	1.3
Total inventories	278.7	261.3	302.8
Deferred income taxes	14	14	12.6
Prepaid expenses and other current assets	(15.2)	21.4	(17.5)
Total current assets	502	481.4	588.2
Property, plant and equipment:
Gross cost	156.8	150.7	150.7
Accumulated depreciation	(81)	(72.6)	(67.8)
Property plant and equipment net	75.8	78.1	82.9
Other assets:
Goodwill	353	353	353
Indefinite-lived intangibles	674.9	674.9	674.9
Amortizable intangibles, net	104.7	111.5	119.7
Other	10.1	11.9	11.5
Intercompany accounts receivable	2,560.2	2,225.4	1,736.4
Investment in affiliates	1,039.3	608.8	635.4
Total other assets	4,742.2	3,985.5	3,530.9
Total assets	5,320	4,545	4,202
Current liabilities:
Accounts payable	89.2	66.4	81.7
Accrued salaries and wages	5	6	8.2
Other accrued liabilities	45.4	40.9	28.8
Total current liabilities	139.6	113.3	118.7
Long-term debt, less current maturities	0.6	0.6	0.7
Accrued pension liabilities	20.9	21.5	11.2
Deferred income taxes	274.6	274.7	287.6
Other liabilities	10.4	10.6	10.3
Intercompany accounts payable	1,000.5	734.5	412.6
Stockholders’ equity
Wolverine World Wide, Inc. stockholders’ equity	3,873.4	3,389.8	3,360.9
Noncontrolling interest			0
Total stockholders’ equity	3,873.4	3,389.8	3,360.9
Total liabilities and stockholders’ equity	5,320	4,545	4,202
Non-Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	158.1	209.1	199.2	180.4
Accounts receivable, net	126.3	112.5	128.8
Inventories:
Finished products, net	82.4	78.6	76.5
Raw materials and work-in-process, net	12	12.5	17.5
Total inventories	94.4	91.1	94
Deferred income taxes	1.4	1.3	0.6
Prepaid expenses and other current assets	4.5	17.4	10.5
Total current assets	384.7	431.4	433.1
Property, plant and equipment:
Gross cost	35.3	33.9	40.7
Accumulated depreciation	(23.8)	(22.6)	(26.6)
Property plant and equipment net	11.5	11.3	14.1
Other assets:
Goodwill	75.7	77.9	84
Indefinite-lived intangibles	9.2	11.3	11.3
Amortizable intangibles, net	0.1		0.1
Deferred income taxes	2.9	2.8	3.4
Other	4	3.1	2.7
Intercompany accounts receivable	611.5	621.1	484.3
Investment in affiliates	967	1,221.3	403.5
Total other assets	1,670.4	1,937.5	989.3
Total assets	2,066.6	2,380.2	1,436.5
Current liabilities:
Accounts payable	61	45.5	47.1
Accrued salaries and wages	7.1	6.9	8.8
Other accrued liabilities	35.3	36	28.7
Total current liabilities	103.4	88.4	84.6
Deferred income taxes	2.9	3	4.3
Other liabilities	2.2	2.7	2.4
Intercompany accounts payable	587.2	683.1	514.7
Stockholders’ equity
Wolverine World Wide, Inc. stockholders’ equity	1,366.8	1,598.5	826.5
Noncontrolling interest	4.1	4.5	4
Total stockholders’ equity	1,370.9	1,603	830.5
Total liabilities and stockholders’ equity	2,066.6	2,380.2	1,436.5
Eliminations [Member]
Current assets:
Cash and cash equivalents	0	0	0	$ 0
Inventories:
Finished products, net			(0.3)
Total inventories			(0.3)
Total current assets			$ (0.3)
Other assets:
Goodwill
Indefinite-lived intangibles
Other			$ 0.3
Intercompany accounts receivable	(3,193.9)	(2,868.6)	(2,220.7)
Investment in affiliates	(5,240.2)	(4,988.3)	(4,187.4)
Total other assets	(8,434.1)	(7,856.9)	(6,407.8)
Total assets	(8,434.1)	(7,856.9)	(6,408.1)
Current liabilities:
Intercompany accounts payable	(3,193.9)	(2,868.6)	(2,220.7)
Stockholders’ equity
Wolverine World Wide, Inc. stockholders’ equity	(5,240.2)	(4,988.3)	(4,187.4)
Total stockholders’ equity	(5,240.2)	(4,988.3)	(4,187.4)
Total liabilities and stockholders’ equity	$ (8,434.1)	$ (7,856.9)	$ (6,408.1)

Subsidiary Guarantors of the 61

Subsidiary Guarantors of the Public Bonds (Consolidated Condensed Statements of Cash Flow) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 20, 2015	Jun. 14, 2014
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ 94.9	$ 65.6
INVESTING ACTIVITIES
Additions to property, plant and equipment	(15.8)	(12.5)
Investment in joint venture	0	(0.7)
Other	3.2	(1.6)
Net cash used in investing activities	(12.6)	(14.8)
FINANCING ACTIVITIES
Payments on long-term debt	(67.7)	(19.4)
Cash dividends paid	(12.3)	(12)
Purchase of common stock for treasury	(5.9)	0
Purchases of shares under employee stock plans	(7.5)	(9.4)
Proceeds from the exercise of stock options	8.5	3.8
Excess tax benefits from stock-based compensation	3.8	3.7
Net cash used in financing activities	(81.1)	(33.3)
Effect of foreign exchange rate changes	(4.3)	0.7
(Decrease) increase in cash and cash equivalents	(3.1)	18.2
Cash and cash equivalents at beginning of the year	223.8	214.2
Cash and cash equivalents at end of the period	220.7	232.4
Parent [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	136.1	47.8
INVESTING ACTIVITIES
Additions to property, plant and equipment	(7.6)	(3.5)
Other	1.5	(0.8)
Net cash used in investing activities	(6.1)	(4.3)
FINANCING ACTIVITIES
Payments on long-term debt	(67.7)	(19.4)
Cash dividends paid	(12.3)	(12)
Purchase of common stock for treasury	(5.9)
Purchases of shares under employee stock plans	(7.5)	(9.4)
Proceeds from the exercise of stock options	8.5	3.8
Excess tax benefits from stock-based compensation	3.8	3.7
Net cash used in financing activities	(81.1)	(33.3)
(Decrease) increase in cash and cash equivalents	48.9	10.2
Cash and cash equivalents at beginning of the year	11.4	18.8
Cash and cash equivalents at end of the period	60.3	29
Subsidiary Guarantors [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	3.6	(2.1)
INVESTING ACTIVITIES
Additions to property, plant and equipment	(6.3)	(7.9)
Other	1.7	(0.8)
Net cash used in investing activities	(4.6)	(8.7)
FINANCING ACTIVITIES
Purchase of common stock for treasury	0
(Decrease) increase in cash and cash equivalents	(1)	(10.8)
Cash and cash equivalents at beginning of the year	3.3	15
Cash and cash equivalents at end of the period	2.3	4.2
Non-Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(44.8)	19.9
INVESTING ACTIVITIES
Additions to property, plant and equipment	(1.9)	(1.1)
Investment in joint venture		(0.7)
Net cash used in investing activities	(1.9)	(1.8)
FINANCING ACTIVITIES
Purchase of common stock for treasury	0
Effect of foreign exchange rate changes	(4.3)	0.7
(Decrease) increase in cash and cash equivalents	(51)	18.8
Cash and cash equivalents at beginning of the year	209.1	180.4
Cash and cash equivalents at end of the period	158.1	199.2
Eliminations [Member]
FINANCING ACTIVITIES
(Decrease) increase in cash and cash equivalents		0
Cash and cash equivalents at beginning of the year	0	0
Cash and cash equivalents at end of the period	$ 0	$ 0