10-Q Filing

MUELLER INDUSTRIES INC CIK: 89439 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0000089439-17-000042`
Period End Date	20170630
Filing Date	20170726
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	mli-20170701.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 76 Cash Flow Statement 82 Comprehensive Income 52

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$167.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$283.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$351.32M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$637.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$834.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$274.84M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $834 in 2017 and $637 in 2016	`AccountsReceivableNetCurrent`	$287.83M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $834 in 2017 and $637 in 2016	`AccountsReceivableNetCurrent`	$256.29M	USD	Point-in-time
Inventories	`InventoryNet`	$252.80M	USD	Point-in-time
Inventories	`InventoryNet`	$242.01M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$44.70M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$35.57M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$743.75M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$894.32M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$295.23M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$284.59M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill, net	`Goodwill`	$137.09M	USD	Point-in-time
Goodwill, net	`Goodwill`	$123.99M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$36.33M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$36.17M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	80.18M	shares	Point-in-time
Investment in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$75.21M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	80.18M	shares	Point-in-time
Investment in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$77.11M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$20.29M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.40M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.62M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$20.65M	USD	Point-in-time
Total assets	`Assets`	$1.45B	USD	Point-in-time
Total assets	`Assets`	$1.30B	USD	Point-in-time
Current portion of debt	`DebtCurrent`	$13.65M	USD	Point-in-time
Current portion of debt	`DebtCurrent`	$14.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$103.17M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$105.88M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$35.12M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$30.89M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$67.04M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$67.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$219.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$218.99M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$213.71M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$489.04M	USD	Point-in-time
Pension liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$14.82M	USD	Point-in-time
Pension liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$14.89M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$16.38M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$16.79M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$20.86M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$21.21M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$19.57M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$19.35M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$6.28M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$11.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$511.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$791.26M	USD	Point-in-time
Preferred stock - $1.00 par value; shares authorized 5,000,000; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - $1.00 par value; shares authorized 5,000,000; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $.01 par value; shares authorized 100,000,000; issued 80,183,004; outstanding 57,624,926 in 2017 and 57,395,209 in 2016	`CommonStockValue`	$802.00K	USD	Point-in-time
Common stock - $.01 par value; shares authorized 100,000,000; issued 80,183,004; outstanding 57,624,926 in 2017 and 57,395,209 in 2016	`CommonStockValue`	$802.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$274.75M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$273.35M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.14B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$727.11M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-66.96M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-60.45M	USD	Point-in-time
Treasury common stock, at cost	`TreasuryStockValue`	$450.34M	USD	Point-in-time
Treasury common stock, at cost	`TreasuryStockValue`	$448.84M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$493.37M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$898.68M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$12.63M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$37.75M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$506.01M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$936.44M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.30B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.45B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$614.27M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$544.07M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$1.19B	USD	2 Qtrs
Net sales	`SalesRevenueGoodsNet`	$1.08B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$1.01B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$524.31M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$902.70M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$456.06M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.98M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.95M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.06M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$34.51M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$34.56M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$70.29M	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$70.09M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$44.44M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$92.41M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$46.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$85.90M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.54M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.97M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.69M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.44M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$760.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$231.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$515.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$782.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$43.26M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$84.22M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$83.12M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$40.59M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$12.65M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$24.58M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$28.13M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$14.01M	USD	1 Quarter
(Loss) income from unconsolidated affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$-109.00K	USD	1 Quarter
(Loss) income from unconsolidated affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$1.93M	USD	2 Qtrs
(Loss) income from unconsolidated affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$-995.00K	USD	1 Quarter
(Loss) income from unconsolidated affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$-1.35M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$58.29M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$56.92M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$27.83M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$28.26M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$497.00K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$462.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$668.00K	USD	2 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$56.43M	USD	2 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$27.80M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$57.62M	USD	2 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$27.63M	USD	1 Quarter
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.49M	shares	2 Qtrs
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.91M	shares	1 Quarter
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.51M	shares	1 Quarter
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.84M	shares	2 Qtrs
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	418,000.00	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	456,000.00	shares	2 Qtrs
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	585,000.00	shares	2 Qtrs
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	511,000.00	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.93M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.43M	shares	2 Qtrs
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.42M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.95M	shares	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.00	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.01	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.00	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.99	USD	2 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$8.20	USD	2 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.17	USD	2 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$58.29M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$56.92M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$27.83M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$28.26M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$17.09M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$18.16M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.87M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$3.69M	USD	2 Qtrs
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-109.00K	USD	1 Quarter
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$1.93M	USD	2 Qtrs
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-995.00K	USD	1 Quarter
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-1.35M	USD	2 Qtrs
Gain on sale of business	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Gain on sale of business	`GainLossOnSaleOfBusiness`	$1.63M	USD	2 Qtrs
Loss (gain) on disposals of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-81.00K	USD	2 Qtrs
Loss (gain) on disposals of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$555.00K	USD	2 Qtrs
Gain on sales of securities	`GainLossOnSaleOfSecuritiesNet`	-	USD	2 Qtrs
Gain on sales of securities	`GainLossOnSaleOfSecuritiesNet`	$611.00K	USD	2 Qtrs
Impairment charges	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment charges	`AssetImpairmentCharges`	$411.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.55M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.00K	USD	2 Qtrs
Income tax benefit from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$186.00K	USD	2 Qtrs
Income tax benefit from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$47.11M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$52.33M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$10.87M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.18M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-17.01M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.72M	USD	2 Qtrs
Current liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-1.26M	USD	2 Qtrs
Current liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-1.31M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.09M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.44M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.08M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$72.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$12.55M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$41.87M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$10.25M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$11.91M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$18.42M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$20.53M	USD	2 Qtrs
Proceeds from sale of business, net of cash sold	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	2 Qtrs
Proceeds from sale of business, net of cash sold	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$17.48M	USD	2 Qtrs
Net withdrawals from restricted cash balances	`IncreaseDecreaseInRestrictedCash`	$-4.65M	USD	2 Qtrs
Net withdrawals from restricted cash balances	`IncreaseDecreaseInRestrictedCash`	$-1.51M	USD	2 Qtrs
Investment in unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.62M	USD	2 Qtrs
Investment in unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.48M	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.36M	USD	2 Qtrs
Proceeds from sales of securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Proceeds from sales of securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$1.79M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-6.66M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-27.79M	USD	2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividends`	$9.89M	USD	2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividends`	$185.54M	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	-	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$2.91M	USD	2 Qtrs
Issuance of long-term debt	`ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities`	$2.00M	USD	2 Qtrs
Issuance of long-term debt	`ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities`	-	USD	2 Qtrs
(Repayment) issuance of debt by consolidated joint ventures, net	`ProceedsFromRepaymentsOfDebt`	$4.43M	USD	2 Qtrs
(Repayment) issuance of debt by consolidated joint ventures, net	`ProceedsFromRepaymentsOfDebt`	$-3.32M	USD	2 Qtrs
Net cash (used) received to settle stock-based awards	`PaymentsForIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$785.00K	USD	2 Qtrs
Net cash (used) received to settle stock-based awards	`PaymentsForIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$-326.00K	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$500.00K	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$611.00K	USD	2 Qtrs
Income tax benefit from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$186.00K	USD	2 Qtrs
Income tax benefit from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-193.16M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-3.45M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.31M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$3.52M	USD	2 Qtrs
(Decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.32M	USD	2 Qtrs
(Decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-183.76M	USD	2 Qtrs
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$167.56M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$283.16M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$351.32M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$274.84M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$167.56M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$283.16M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$351.32M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$274.84M	USD	Point-in-time

Comprehensive Income 52 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$58.29M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$56.92M	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$185.00K	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$487.00K	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$27.83M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$89.00K	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$28.26M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$266.00K	USD	1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$172.00K	USD	1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-920.00K	USD	2 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$183.00K	USD	2 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-522.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$812.00K	USD	2 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$812.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.19M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$906.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$-199.00K	USD	2 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$704.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.12M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.30M	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $(89), $(266), $(185), $(487)	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$261.00K	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $(89), $(266), $(185), $(487)	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$317.00K	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $(89), $(266), $(185), $(487)	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$700.00K	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $(89), $(266), $(185), $(487)	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.29M	USD	2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $172, $(522), $183, $(920)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.53M	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $172, $(522), $183, $(920)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.70M	USD	2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $172, $(522), $183, $(920)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$405.00K	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $172, $(522), $183, $(920)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$365.00K	USD	2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(704), $(812), $199, $(812)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-351.00K	USD	2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(704), $(812), $199, $(812)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.44M	USD	2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(704), $(812), $199, $(812)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.44M	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(704), $(812), $199, $(812)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.25M	USD	1 Quarter
Other, net	`OtherComprehensiveIncomeOtherNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.00K	USD	2 Qtrs
Other, net	`OtherComprehensiveIncomeOtherNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-380.00K	USD	2 Qtrs
Other, net	`OtherComprehensiveIncomeOtherNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-236.00K	USD	1 Quarter
Other, net	`OtherComprehensiveIncomeOtherNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.00K	USD	1 Quarter
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$-5.84M	USD	2 Qtrs
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$7.34M	USD	2 Qtrs
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$1.77M	USD	1 Quarter
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$-6.51M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$65.62M	USD	2 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$21.75M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$51.08M	USD	2 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$29.61M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.50M	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-862.00K	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-123.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$386.00K	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$64.12M	USD	2 Qtrs
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$21.87M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$51.95M	USD	2 Qtrs
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$29.22M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.