10-Q Filing

MUELLER INDUSTRIES INC CIK: 89439 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0000089439-22-000022`
Period End Date	20220331
Filing Date	20220420
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	mli-20220326_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 40 Cash Flow Statement 62 Stockholders Equity 12 Comprehensive Income 24

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.56M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$87.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$139.25M	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 $2,564 in 2022 and $2,590 in 2021	`AccountsReceivableNetCurrent`	$471.86M	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 $2,564 in 2022 and $2,590 in 2021	`AccountsReceivableNetCurrent`	$588.40M	USD	Point-in-time
Inventories	`InventoryNet`	$471.95M	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
Inventories	`InventoryNet`	$430.24M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$40.95M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$28.98M	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.02B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.24B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$385.56M	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
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$380.71M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$21.96M	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`	$23.51M	USD	Point-in-time
Goodwill, net	`Goodwill`	$171.33M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.30M	shares	Point-in-time
Goodwill, net	`Goodwill`	$172.07M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.24M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$61.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$60.79M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$61.13M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$63.07M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.68M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.79M	USD	Point-in-time
Total assets	`Assets`	$1.95B	USD	Point-in-time
Total assets	`Assets`	$1.73B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$811.00K	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$812.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$180.79M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$226.71M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$35.00M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$49.63M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.65M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.01M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$183.42M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$145.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$451.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$382.44M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$1.10M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$1.06M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$5.57M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$4.41M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$12.11M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$11.96M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$17.14M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$17.68M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$14.35M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$15.86M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$17.10M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$16.01M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$21.81M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$21.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$471.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$539.81M	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 57,239,030 in 2022 and 57,295,961 in 2021	`CommonStockValue`	$802.00K	USD	Point-in-time
Common stock - $.01 par value; shares authorized 100,000,000; issued 80,183,004; outstanding 57,239,030 in 2022 and 57,295,961 in 2021	`CommonStockValue`	$802.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$288.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$286.21M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.60B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.46B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-53.35M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-47.44M	USD	Point-in-time
Treasury common stock, at cost	`TreasuryStockValue`	$474.26M	USD	Point-in-time
Treasury common stock, at cost	`TreasuryStockValue`	$470.03M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$1.37B	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$1.22B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$35.74M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$34.84M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	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`	$1.95B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$818.15M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.01B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$668.42M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$744.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.84M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$45.44M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$47.46M	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfBusiness`	$5.51M	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$212.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$92.54M	USD	1 Quarter
Interest expense	`InterestExpense`	$158.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$4.47M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$780.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$577.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$88.65M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$213.32M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$54.20M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$21.76M	USD	1 Quarter
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$124.00K	USD	1 Quarter
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-1.65M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$159.25M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$65.24M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$932.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.13M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$158.32M	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`	56.10M	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	810,000.00	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	756,000.00	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.67M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.91M	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`	$2.82	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.78	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.11	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.13	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$159.25M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$65.24M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$10.93M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$11.78M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.57M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.11M	USD	1 Quarter
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.63M	USD	1 Quarter
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$125.00K	USD	1 Quarter
(Income) loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$124.00K	USD	1 Quarter
(Income) loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-1.65M	USD	1 Quarter
Gain on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$936.00K	USD	1 Quarter
Gain on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$5.51M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$142.00K	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$258.00K	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$116.61M	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$89.97M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$40.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$45.59M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-314.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.23M	USD	1 Quarter
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$33.94M	USD	1 Quarter
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$54.34M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-3.70M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.75M	USD	1 Quarter
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$137.00K	USD	1 Quarter
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$95.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.58M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$62.86M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$9.23M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$5.26M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$14.03M	USD	1 Quarter
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.73M	USD	1 Quarter
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.22M	USD	1 Quarter
Dividends from unconsolidated affiliates	`ProceedsDividendsFromUnconsolidatedAffiliates`	$959.00K	USD	1 Quarter
Dividends from unconsolidated affiliates	`ProceedsDividendsFromUnconsolidatedAffiliates`	-	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.92M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.53M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$3.97M	USD	1 Quarter
Issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$100.00M	USD	1 Quarter
Issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$56.00K	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$35.29M	USD	1 Quarter
Issuance of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	$45.00K	USD	1 Quarter
Issuance of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	-	USD	1 Quarter
Net cash (used) received to settle stock-based awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$221.00K	USD	1 Quarter
Net cash (used) received to settle stock-based awards	`PaymentsForSettlementOfStockBasedAwards`	$230.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.26M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$64.98M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$301.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$784.00K	USD	1 Quarter
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$60.82M	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`	$149.03M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.20M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.38M	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 end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$149.03M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.20M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.38M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$127.38M	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	USD	Point-in-time
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$158.32M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$63.11M	USD	1 Quarter
Total other comprehensive income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$5.87M	USD	1 Quarter
Total other comprehensive income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$6.78M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$932.00K	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`	$1.21M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	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`	$-604.00K	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$159.25M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-147.00K	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`	$-134.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.39M	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$624.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.21M	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$577.00K	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $(604), $(147)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$493.00K	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $(604), $(147)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.09M	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(134), $56	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-420.00K	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(134), $56	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$91.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(624), $(577)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.99M	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(624), $(577)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.15M	USD	1 Quarter
Total other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTax`	$5.87M	USD	1 Quarter
Total other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTax`	$6.78M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$165.12M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$72.01M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$899.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.55M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$164.22M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$69.46M	USD	1 Quarter

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