10-Q Filing

MUELLER INDUSTRIES INC CIK: 89439 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0000089439-21-000030`
Period End Date	20210331
Filing Date	20210421
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	mli-20210327_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 42 Cash Flow Statement 62 Stockholders Equity 12 Comprehensive Income 24

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.17M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.54M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$119.08M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$129.88M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $3,168 in 2021 and $1,538 in 2020	`AccountsReceivableNetCurrent`	$447.49M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $3,168 in 2021 and $1,538 in 2020	`AccountsReceivableNetCurrent`	$357.53M	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
Inventories	`InventoryNet`	$315.00M	USD	Point-in-time
Inventories	`InventoryNet`	$365.46M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$33.75M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$43.71M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$986.53M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	80.18M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	80.18M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$825.36M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.12M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$376.57M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.09M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$384.85M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$28.49M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$29.30M	USD	Point-in-time
Goodwill, net	`Goodwill`	$167.76M	USD	Point-in-time
Goodwill, net	`Goodwill`	$168.21M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$77.78M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$77.21M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$37.98M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$38.89M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$13.56M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$14.39M	USD	Point-in-time
Total assets	`Assets`	$1.53B	USD	Point-in-time
Total assets	`Assets`	$1.70B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$106.16M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$41.28M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$147.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$177.17M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$46.30M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$39.43M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.57M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.26M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$98.06M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$115.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$339.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$444.49M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$286.58M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$286.59M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$13.55M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$12.18M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$13.29M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$13.29M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$21.32M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$21.26M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$16.84M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$17.13M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.60M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$20.83M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$14.73M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$14.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$830.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$727.51M	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 57,122,617 in 2021 and 57,087,432 in 2020	`CommonStockValue`	$802.00K	USD	Point-in-time
Common stock - $.01 par value; shares authorized 100,000,000; issued 80,183,004; outstanding 57,122,617 in 2021 and 57,087,432 in 2020	`CommonStockValue`	$802.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$280.05M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$282.71M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.08B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.53M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-54.88M	USD	Point-in-time
Treasury common stock, at cost	`TreasuryStockValue`	$468.92M	USD	Point-in-time
Treasury common stock, at cost	`TreasuryStockValue`	$469.25M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$776.75M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$841.15M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$24.32M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$26.87M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$868.01M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$801.06M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.53B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.70B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$602.92M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$818.15M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$668.42M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$508.71M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.04M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.76M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$42.75M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$45.44M	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	$3.04M	USD	1 Quarter
Litigation settlement, net	`GainLossRelatedToLitigationSettlement`	$21.93M	USD	1 Quarter
Litigation settlement, net	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$59.31M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$92.54M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.38M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.47M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$278.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$577.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$54.21M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$88.65M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.14M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$21.76M	USD	1 Quarter
Loss from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-1.65M	USD	1 Quarter
Loss from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-6.12M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$33.95M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$65.24M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.54M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.13M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$32.41M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$63.11M	USD	1 Quarter
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.92M	shares	1 Quarter
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.88M	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	756,000.00	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	583,000.00	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.46M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.67M	shares	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.13	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.11	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.13	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$33.95M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$65.24M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$11.78M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$11.12M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.99M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.11M	USD	1 Quarter
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.10M	USD	1 Quarter
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.63M	USD	1 Quarter
Loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-1.65M	USD	1 Quarter
Loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-6.12M	USD	1 Quarter
(Gain) loss on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$936.00K	USD	1 Quarter
(Gain) loss on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$-32.00K	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$3.04M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$213.00K	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$142.00K	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$46.29M	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$89.97M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$45.59M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-17.45M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-8.01M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.23M	USD	1 Quarter
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$33.94M	USD	1 Quarter
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-10.82M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-3.70M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.64M	USD	1 Quarter
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$95.00K	USD	1 Quarter
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.80M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.58M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.05M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$17.09M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$9.23M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$14.03M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.41M	USD	1 Quarter
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.73M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-32.50M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.53M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.57M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$110.00M	USD	1 Quarter
Issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$100.00M	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$20.57M	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$35.29M	USD	1 Quarter
Issuance of debt by consolidated joint ventures, net	`ProceedsFromIssuanceOfDebt`	$189.00K	USD	1 Quarter
Issuance of debt by consolidated joint ventures, net	`ProceedsFromIssuanceOfDebt`	$45.00K	USD	1 Quarter
Net cash received to settle stock-based awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$464.00K	USD	1 Quarter
Net cash received to settle stock-based awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$221.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$64.98M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$84.51M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$784.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-6.13M	USD	1 Quarter
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$73.92M	USD	1 Quarter
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$21.66M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$98.04M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.96M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$127.38M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$149.03M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$98.04M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.96M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$127.38M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$149.03M	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$868.01M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$801.06M	USD	Point-in-time
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$32.41M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$63.11M	USD	1 Quarter
Total other comprehensive income (loss) attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-21.99M	USD	1 Quarter
Total other comprehensive income (loss) attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$6.78M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.54M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.13M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.39M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.25M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$868.01M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$801.06M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-147.00K	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$960.00K	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$33.95M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$65.24M	USD	1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$56.00K	USD	1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-243.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.39M	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$577.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$548.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.25M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $(147) and $960	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$493.00K	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $(147) and $960	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.36M	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $56 and $(243)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-739.00K	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $56 and $(243)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$91.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(577) and $(548)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.99M	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(577) and $(548)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.89M	USD	1 Quarter
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$-21.99M	USD	1 Quarter
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$6.78M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$72.01M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$11.96M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$945.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.55M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$69.46M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$11.02M	USD	1 Quarter

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