10-Q Filing

MUELLER INDUSTRIES INC CIK: 89439 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000089439-21-000045`
Period End Date	20210630
Filing Date	20210721
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	mli-20210626_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 88 Cash Flow Statement 78 Stockholders Equity 20 Comprehensive Income 48

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.82M	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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$119.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$110.68M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $2,818 in 2021 and $1,538 in 2020	`AccountsReceivableNetCurrent`	$542.04M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $2,818 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
Inventories	`InventoryNet`	$384.98M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$44.29M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$33.75M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	80.18M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.08B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$825.36M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	80.18M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$376.57M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$385.25M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.09M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.15M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$29.30M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$26.87M	USD	Point-in-time
Goodwill, net	`Goodwill`	$169.36M	USD	Point-in-time
Goodwill, net	`Goodwill`	$167.76M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$76.89M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$77.21M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$36.90M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$37.98M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.18M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$14.39M	USD	Point-in-time
Total assets	`Assets`	$1.79B	USD	Point-in-time
Total assets	`Assets`	$1.53B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$41.28M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$6.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$190.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$147.74M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$46.30M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$39.50M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.26M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.55M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$119.55M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$98.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$339.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$362.43M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$286.59M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$351.00M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$13.55M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$11.80M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$13.37M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$13.29M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$21.26M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$21.02M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$16.36M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$16.84M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.60M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$19.43M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$14.73M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$20.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$727.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$815.52M	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 57,151,341 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 57,151,341 in 2021 and 57,087,432 in 2020	`CommonStockValue`	$802.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$285.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$280.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.18B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.26M	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`	$468.78M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$945.72M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$776.75M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$28.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$24.32M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$801.06M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$973.92M	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`	$1.53B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.79B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$500.17M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.01B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.83B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.10B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$403.16M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$911.87M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$799.71M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.47B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.13M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.14M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.89M	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$89.37M	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$43.93M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$76.37M	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$33.62M	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	-	USD	2 Qtrs
Asset impairments	`AssetImpairmentCharges`	$3.04M	USD	2 Qtrs
Litigation settlement, net	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Litigation settlement, net	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Litigation settlement, net	`GainLossRelatedToLitigationSettlement`	-	USD	2 Qtrs
Litigation settlement, net	`GainLossRelatedToLitigationSettlement`	$21.93M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$157.81M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$111.61M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$250.35M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$52.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.87M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.33M	USD	2 Qtrs
Interest expense	`InterestExpense`	$10.35M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.97M	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.67M	USD	2 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.67M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$3.11M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.26M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.83M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$683.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$104.37M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$239.60M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$50.16M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$150.96M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$13.03M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$39.01M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$60.77M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$27.17M	USD	2 Qtrs
Loss from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-2.67M	USD	2 Qtrs
Loss from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-14.76M	USD	2 Qtrs
Loss from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-1.02M	USD	1 Quarter
Loss from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-8.64M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$28.49M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$110.93M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$176.17M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$62.44M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.23M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$531.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.07M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.10M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$108.83M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$27.96M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$171.94M	USD	2 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$60.37M	USD	2 Qtrs
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.93M	shares	2 Qtrs
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.72M	shares	1 Quarter
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.80M	shares	2 Qtrs
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.95M	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	527,000.00	shares	2 Qtrs
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	471,000.00	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	811,000.00	shares	2 Qtrs
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	866,000.00	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.19M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.74M	shares	2 Qtrs
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.33M	shares	2 Qtrs
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.81M	shares	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.08	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.95	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.07	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.07	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.50	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.03	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.92	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
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	2 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.26	USD	2 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$28.49M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$110.93M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$176.17M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$62.44M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$22.98M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$22.30M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$4.82M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$4.20M	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.28M	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.85M	USD	2 Qtrs
Loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-2.67M	USD	2 Qtrs
Loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-14.76M	USD	2 Qtrs
Loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-1.02M	USD	1 Quarter
Loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-8.64M	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.67M	USD	2 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.67M	USD	1 Quarter
Gain on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$819.00K	USD	2 Qtrs
Gain on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$9.00K	USD	2 Qtrs
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment charges	`AssetImpairmentCharges`	$3.04M	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$764.00K	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$3.25M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$11.21M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$190.94M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$63.95M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-43.26M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-3.97M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.48M	USD	2 Qtrs
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$50.46M	USD	2 Qtrs
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-277.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$3.43M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-5.37M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.08M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$247.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$142.78M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.28M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$17.98M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$22.21M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.41M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$13.94M	USD	2 Qtrs
Payment received for notes receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	2 Qtrs
Payment received for notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$8.54M	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00K	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.73M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.64M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.63M	USD	2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividends`	$14.55M	USD	2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividends`	$11.17M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.57M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$425.00M	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$110.02M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$400.50M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$166.02M	USD	2 Qtrs
Issuance (repayment) of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	$-471.00K	USD	2 Qtrs
Issuance (repayment) of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	$463.00K	USD	2 Qtrs
Net cash received to settle stock-based awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$414.00K	USD	2 Qtrs
Net cash received to settle stock-based awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$696.00K	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.11M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-72.52M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.72M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$987.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-6.16M	USD	2 Qtrs
(Decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$26.47M	USD	2 Qtrs
(Decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.65M	USD	2 Qtrs
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`	$125.72M	USD	Point-in-time
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`	$124.51M	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`	$125.72M	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`	$124.51M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$801.06M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$973.92M	USD	Point-in-time
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$108.83M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$27.96M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$171.94M	USD	2 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$60.37M	USD	2 Qtrs
Total other comprehensive income (loss) attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$6.28M	USD	2 Qtrs
Total other comprehensive income (loss) attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-255.00K	USD	1 Quarter
Total other comprehensive income (loss) attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-501.00K	USD	1 Quarter
Total other comprehensive income (loss) attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-22.24M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.23M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$531.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.07M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.10M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$421.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.90M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.83M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.52M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$801.06M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$973.92M	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$814.00K	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$28.49M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-970.00K	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$961.00K	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$110.93M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-10.00K	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$176.17M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$62.44M	USD	2 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$375.00K	USD	1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$1.00K	USD	1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$57.00K	USD	2 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$132.00K	USD	2 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$-810.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$421.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$-262.00K	USD	2 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$358.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.90M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.83M	USD	2 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$-219.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.52M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $961, $(970), $814, and $(10)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.84M	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $961, $(970), $814, and $(10)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$41.00K	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $961, $(970), $814, and $(10)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.40M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $961, $(970), $814, and $(10)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.34M	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $1, $375, $57, and $132	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$17.00K	USD	2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $1, $375, $57, and $132	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-74.00K	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $1, $375, $57, and $132	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$545.00K	USD	2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $1, $375, $57, and $132	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.28M	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $219, $810, $(358), and $262	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.23M	USD	2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $219, $810, $(358), and $262	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-903.00K	USD	2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $219, $810, $(358), and $262	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-753.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $219, $810, $(358), and $262	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.79M	USD	1 Quarter
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$6.28M	USD	2 Qtrs
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$-255.00K	USD	1 Quarter
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$-501.00K	USD	1 Quarter
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$-22.24M	USD	2 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$182.44M	USD	2 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$28.23M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$40.20M	USD	2 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$110.43M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.88M	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$855.00K	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.33M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-90.00K	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$109.10M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$178.56M	USD	2 Qtrs
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$28.32M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$39.34M	USD	2 Qtrs

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