10-Q Filing

MUELLER INDUSTRIES INC CIK: 89439 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0000089439-21-000063`
Period End Date	20210930
Filing Date	20211020
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	mli-20210925_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 89 Cash Flow Statement 89 Stockholders Equity 20 Comprehensive Income 48

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.54M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$119.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.79M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $2,687 in 2021 and $1,538 in 2020	`AccountsReceivableNetCurrent`	$357.53M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $2,687 in 2021 and $1,538 in 2020	`AccountsReceivableNetCurrent`	$493.96M	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
Inventories	`InventoryNet`	$405.59M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Inventories	`InventoryNet`	$315.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$33.75M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$33.60M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$825.36M	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
Total current assets	`AssetsCurrent`	$1.04B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$376.57M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$370.22M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$24.15M	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
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$29.30M	USD	Point-in-time
Goodwill, net	`Goodwill`	$167.76M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.37M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.09M	shares	Point-in-time
Goodwill, net	`Goodwill`	$159.99M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$77.21M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$63.58M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$37.98M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$65.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$14.39M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.66M	USD	Point-in-time
Total assets	`Assets`	$1.53B	USD	Point-in-time
Total assets	`Assets`	$1.73B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$41.28M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$1.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$180.51M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$147.74M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$49.93M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$46.30M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.19M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.26M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$142.35M	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`	$380.10M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$286.59M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$121.01M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$13.55M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$10.90M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$13.23M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$13.29M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$20.90M	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`	$13.39M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.60M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$17.40M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$14.73M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$25.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$727.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$602.30M	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 57,367,709 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 57,367,709 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`	$283.29M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.34B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-52.16M	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`	$464.71M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$776.75M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$18.67M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$24.32M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$801.06M	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`	$1.73B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.53B	USD	Point-in-time

Income Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.72B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.81B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$619.11M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$982.25M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.41B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$744.26M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$500.78M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$2.21B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$33.76M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.89M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.87M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$117.75M	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$48.52M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$137.89M	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$38.35M	USD	1 Quarter
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	$54.76M	USD	3 Qtrs
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	$54.76M	USD	1 Quarter
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Litigation settlement, net	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Litigation settlement, net	`GainLossRelatedToLitigationSettlement`	-	USD	3 Qtrs
Litigation settlement, net	`GainLossRelatedToLitigationSettlement`	$21.93M	USD	3 Qtrs
Litigation settlement, net	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$233.35M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$180.83M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$483.70M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$69.23M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.45M	USD	3 Qtrs
Interest expense	`InterestExpense`	$15.24M	USD	3 Qtrs
Interest expense	`InterestExpense`	$4.88M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.12M	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.67M	USD	3 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.70M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$3.63M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-1.29M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-2.55M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$522.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$229.69M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$169.23M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$64.86M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$469.29M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$42.62M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$121.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$60.23M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.45M	USD	1 Quarter
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$2.80M	USD	1 Quarter
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-20.21M	USD	3 Qtrs
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-5.46M	USD	1 Quarter
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$131.00K	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$348.43M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$43.96M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$106.39M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$172.26M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.25M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.32M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.51M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.28M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$103.07M	USD	3 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$42.70M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$170.98M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$342.92M	USD	3 Qtrs
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.80M	shares	3 Qtrs
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.98M	shares	3 Qtrs
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.82M	shares	1 Quarter
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.08M	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	534,000.00	shares	3 Qtrs
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	550,000.00	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	731,000.00	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	784,000.00	shares	3 Qtrs
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.81M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.34M	shares	3 Qtrs
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.37M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.76M	shares	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$6.13	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.77	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.85	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.05	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.01	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$6.04	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.76	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.83	USD	3 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.39	USD	3 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.30	USD	3 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.13	USD	1 Quarter

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$348.43M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$43.96M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$106.39M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$172.26M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$33.13M	USD	3 Qtrs
Depreciation and amortization	`Depreciation`	$33.93M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.23M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.33M	USD	3 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.31M	USD	3 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$953.00K	USD	3 Qtrs
(Income) loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$2.80M	USD	1 Quarter
(Income) loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-20.21M	USD	3 Qtrs
(Income) loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-5.46M	USD	1 Quarter
(Income) loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$131.00K	USD	3 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.67M	USD	3 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.70M	USD	1 Quarter
(Gain) loss on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$-144.00K	USD	3 Qtrs
(Gain) loss on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$1.14M	USD	3 Qtrs
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	$54.76M	USD	3 Qtrs
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	$54.76M	USD	1 Quarter
Gain on sale of businesses	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$2.57M	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	$3.04M	USD	3 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$6.30M	USD	3 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-836.00K	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$45.53M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$155.10M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$96.50M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-41.60M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-9.05M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$9.34M	USD	3 Qtrs
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$85.52M	USD	3 Qtrs
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$25.91M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$8.34M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-5.81M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$851.00K	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.29M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$181.48M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$196.88M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$29.20M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$25.55M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$72.65M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$13.94M	USD	3 Qtrs
Proceeds from sale of businesses, net of cash sold	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	3 Qtrs
Proceeds from sale of businesses, net of cash sold	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$74.25M	USD	3 Qtrs
Investments in unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	3 Qtrs
Investments in unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.61M	USD	3 Qtrs
Payment received for (issuance of) notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$8.54M	USD	3 Qtrs
Payment received for (issuance of) notes receivable	`PaymentsToAcquireNotesReceivable`	$9.15M	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.12M	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.00K	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-111.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$43.82M	USD	3 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividendsCommonStock`	$21.85M	USD	3 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividendsCommonStock`	$16.75M	USD	3 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$9.72M	USD	3 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	-	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.57M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.25M	USD	3 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$7.00M	USD	3 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$475.00M	USD	3 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$150.03M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$680.57M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$186.49M	USD	3 Qtrs
Repayment of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	$-299.00K	USD	3 Qtrs
Repayment of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	$-4.87M	USD	3 Qtrs
Net cash received (used) to settle stock-based awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$219.00K	USD	3 Qtrs
Net cash received (used) to settle stock-based awards	`PaymentsForSettlementOfStockBasedAwards`	$160.00K	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.11M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-244.15M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-66.25M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.29M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-377.00K	USD	3 Qtrs
(Decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$16.34M	USD	3 Qtrs
(Decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-19.23M	USD	3 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`	$98.04M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$114.38M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.15M	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`	$98.04M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$114.38M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.15M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$801.06M	USD	Point-in-time
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$103.07M	USD	3 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$42.70M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$170.98M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$342.92M	USD	3 Qtrs
Total other comprehensive (loss) income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$1.30M	USD	3 Qtrs
Total other comprehensive (loss) income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-12.60M	USD	3 Qtrs
Total other comprehensive (loss) income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-4.98M	USD	1 Quarter
Total other comprehensive (loss) income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$9.64M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.25M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.32M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.51M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.28M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-667.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.32M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.57M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.51M	USD	3 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$801.06M	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$348.43M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$43.96M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$106.39M	USD	3 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-43.00K	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-610.00K	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$172.26M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$204.00K	USD	3 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-53.00K	USD	3 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$224.00K	USD	3 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-80.00K	USD	3 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-137.00K	USD	1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$92.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$284.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-667.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.32M	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$642.00K	USD	3 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$99.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.57M	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$-163.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.51M	USD	3 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $(610), $(43), $204, and $(53)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.12M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $(610), $(43), $204, and $(53)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$192.00K	USD	3 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $(610), $(43), $204, and $(53)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$151.00K	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $(610), $(43), $204, and $(53)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-722.00K	USD	3 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $(137), $92, $(80), and $224	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-476.00K	USD	3 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $(137), $92, $(80), and $224	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$715.00K	USD	3 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $(137), $92, $(80), and $224	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$170.00K	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(137), $92, $(80), and $224	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-493.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(284), $(99), $(642), and $163	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-564.00K	USD	3 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(284), $(99), $(642), and $163	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$977.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(284), $(99), $(642), and $163	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.21M	USD	3 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(284), $(99), $(642), and $163	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$339.00K	USD	1 Quarter
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$1.30M	USD	3 Qtrs
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$-12.60M	USD	3 Qtrs
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$-4.98M	USD	1 Quarter
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$9.64M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$349.72M	USD	3 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$53.60M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$167.28M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$93.79M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.06M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$192.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.21M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.08M	USD	3 Qtrs
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$167.09M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$90.73M	USD	3 Qtrs
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$51.39M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$345.65M	USD	3 Qtrs

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