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Accounting Policies (Tables)

9 Months Ended

Sep. 27, 2025

Accounting Policies [Abstract]

Details of Impairment of Long-Lived Assets Held and Used by Asset

The following table provides details related to asset impairment charges recorded:

									Quarter Ended												Year-To-Date Ended
(In millions)									September 28, 2024												September 28, 2024
Lease right-of-use assets impairment									$	—											$	5.9
Property, plant and equipment impairment									—												3.4
Total impairment									$	—											$	9.3

Schedule of Error Corrections and Prior Period Adjustments

The tables below illustrate the impacts for the quarter and year-to-date periods ended September 27, 2025 and historical financial statement line items within the accompanying financial statements that were adjusted as a result of the retrospective application:

			Quarter Ended September 27, 2025																		Year-To-Date Ended September 27, 2025
(In millions, except share data)			As Computed under LIFO						Effect of Change						As Reported						As Computed under LIFO						Effect of Change						As Reported
Consolidated Condensed Statement of Operations and Comprehensive Income (Loss)
Cost of goods sold			$	249.5					$	(2.4)					$	247.1					$	717.2					$	(3.7)					$	713.5
Earnings (loss) before income taxes			30.7						2.4						33.1						77.5						3.7						81.2
Income tax expense (benefit)			6.2						0.6						6.8						11.8						0.9						12.7
Net earnings (loss)			24.5						1.8						26.3						65.7						2.8						68.5
Net earnings (loss) attributable to Wolverine World Wide, Inc.			23.3						1.8						25.1						61.2						2.8						64.0
Comprehensive income (loss)			17.4						1.8						19.2						69.9						2.8						72.7
Comprehensive income (loss) attributable to Wolverine World Wide, Inc.			16.1						1.8						17.9						64.8						2.8						67.6
Net earnings (loss) per share:
Basic			$	0.28					$	0.02					$	0.30					$	0.73					$	0.03					$	0.76
Diluted			$	0.28					$	0.02					$	0.30					$	0.73					$	0.03					$	0.76

			Quarter Ended September 28, 2024																		Year-To-Date Ended September 28, 2024
(In millions, except share data)			As Originally Reported						Effect of Change						As Adjusted						As Originally Reported						Effect of Change						As Adjusted
Consolidated Condensed Statement of Operations and Comprehensive Income (Loss)
Cost of goods sold			$	241.0					$	0.5					$	241.5					$	696.5					$	1.5					$	698.0
Earnings (loss) before income taxes			29.4						(0.5)						28.9						33.1						(1.5)						31.6
Income tax expense (benefit)			5.1						(0.1)						5.0						6.9						(0.3)						6.6
Net earnings (loss)			24.3						(0.4)						23.9						26.2						(1.2)						25.0
Net earnings (loss) attributable to Wolverine World Wide, Inc.			23.6						(0.4)						23.2						23.3						(1.2)						22.1
Comprehensive income (loss)			29.7						(0.4)						29.3						23.3						(1.2)						22.1
Comprehensive income (loss) attributable to Wolverine World Wide, Inc.			29.4						(0.4)						29.0						21.4						(1.2)						20.2
Net earnings (loss) per share:
Basic			$	0.28					$	—					$	0.28					$	0.28					$	(0.01)					$	0.27
Diluted			$	0.28					$	—					$	0.28					$	0.28					$	(0.01)					$	0.27

			Quarter Ended June 28, 2025																		Year-To-Date Ended June 28, 2025
(In millions, except share data)			As Originally Reported						Effect of Change						As Adjusted						As Originally Reported						Effect of Change						As Adjusted
Consolidated Condensed Statement of Operations and Comprehensive Income (Loss)
Cost of goods sold			$	250.2					$	—					$	250.2					$	467.7					$	(1.3)					$	466.4
Earnings (loss) before income taxes			33.6						—						33.6						46.8						1.3						48.1
Income tax expense (benefit)			4.6						—						4.6						5.6						0.3						5.9
Net earnings (loss)			29.0						—						29.0						41.2						1.0						42.2
Net earnings (loss) attributable to Wolverine World Wide, Inc.			26.8						—						26.8						37.9						1.0						38.9
Comprehensive income (loss)			37.9						—						37.9						52.5						1.0						53.5
Comprehensive income (loss) attributable to Wolverine World Wide, Inc.			35.1						—						35.1						48.7						1.0						49.7
Net earnings (loss) per share:
Basic			$	0.32					$	—					$	0.32					$	0.45					$	0.02					$	0.47
Diluted			$	0.32					$	—					$	0.32					$	0.45					$	0.02					$	0.47

			Quarter Ended June 29, 2024																		Year-To-Date Ended June 29, 2024
(In millions, except share data)			As Originally Reported						Effect of Change						As Adjusted						As Originally Reported						Effect of Change						As Adjusted
Consolidated Condensed Statement of Operations and Comprehensive Income (Loss)
Cost of goods sold			$	242.0					$	0.5					$	242.5					$	455.5					$	1.0					$	456.5
Earnings (loss) before income taxes			18.0						(0.5)						17.5						3.7						(1.0)						2.7
Income tax expense (benefit)			2.4						(0.1)						2.3						1.8						(0.2)						1.6
Net earnings (loss)			15.6						(0.4)						15.2						1.9						(0.8)						1.1
Net earnings (loss) attributable to Wolverine World Wide, Inc.			14.2						(0.4)						13.8						(0.3)						(0.8)						(1.1)
Comprehensive income (loss)			12.9						(0.4)						12.5						(6.4)						(0.8)						(7.2)
Comprehensive income (loss) attributable to Wolverine World Wide, Inc.			12.2						(0.4)						11.8						(8.0)						(0.8)						(8.8)
Net earnings (loss) per share:
Basic			$	0.17					$	—					$	0.17					$	(0.01)					$	(0.01)					$	(0.02)
Diluted			$	0.17					$	—					$	0.17					$	(0.01)					$	(0.01)					$	(0.02)

			Quarter Ended March 29, 2025																		Quarter Ended March 30, 2024
(In millions, except share data)			As Originally Reported						Effect of Change						As Adjusted						As Originally Reported						Effect of Change						As Adjusted
Consolidated Condensed Statement of Operations and Comprehensive Income (Loss)
Cost of goods sold			$	217.5					$	(1.3)					$	216.2					$	213.5					$	0.5					$	214.0
Earnings (loss) before income taxes			13.2						1.3						14.5						(14.3)						(0.5)						(14.8)
Income tax expense (benefit)			1.0						0.3						1.3						(0.6)						(0.1)						(0.7)
Net earnings (loss)			12.2						1.0						13.2						(13.7)						(0.4)						(14.1)
Net earnings (loss) attributable to Wolverine World Wide, Inc.			11.1						1.0						12.1						(14.5)						(0.4)						(14.9)
Comprehensive income (loss)			14.6						1.0						15.6						(19.3)						(0.4)						(19.7)
Comprehensive income (loss) attributable to Wolverine World Wide, Inc.			13.6						1.0						14.6						(20.2)						(0.4)						(20.6)
Net earnings (loss) per share:
Basic			$	0.13					$	0.02					$	0.15					$	(0.19)					$	—					$	(0.19)
Diluted			$	0.13					$	0.02					$	0.15					$	(0.19)					$	—					$	(0.19)

			September 27, 2025																		September 28, 2024
(In millions)			As Computed under LIFO						Effect of Change						As Reported						As Originally Reported						Effect of Change						As Adjusted
Consolidated Condensed Balance Sheets
Finished products, net			$	280.1					$	10.9					$	291.0					$	283.9					$	9.2					$	293.1
Deferred income taxes			96.9						(2.5)						94.4						93.1						(2.1)						91.0
Retained earnings			885.5						8.4						893.9						833.0						7.1						840.1

			December 28, 2024
(In millions)			As Originally Reported						Effect of Change						As Adjusted
Consolidated Condensed Balance Sheets
Finished products, net			$	237.8					$	7.2					$	245.0
Deferred income taxes			93.7						(1.6)						92.1
Retained earnings			849.5						5.6						855.1

			Year-To-Date Ended September 27, 2025															Year-To-Date Ended September 28, 2024
(In millions)			As Computed under LIFO						Effect of Change						As Reported			As Originally Reported						Effect of Change						As Adjusted
Consolidated Condensed Statement of Cash Flows
Net earnings (loss)			$	65.7					$	2.8					$	68.5		$	26.2					$	(1.2)					$	25.0
Deferred income taxes			(0.7)						0.9						0.2			23.5						(0.3)						23.2
Inventories			(38.2)						(3.7)						(41.9)			87.2						1.5						88.7

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Tabular disclosure for impairment of long-lived assets held and used by an entity which includes a description of the impaired long-lived asset and facts and circumstances leading to the impairment, aggregate amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired long-lived asset is reported.

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Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

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