10-Q Filing

MUELLER INDUSTRIES INC CIK: 89439 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000089439-22-000038`
Period End Date	20220630
Filing Date	20220720
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	mli-20220625_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 84 Cash Flow Statement 76 Stockholders Equity 20 Comprehensive Income 48

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.58M	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`	$202.50M	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
Accounts receivable, less allowance for doubtful accounts of $2,577 in 2022 and $2,590 in 2021	`AccountsReceivableNetCurrent`	$611.58M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $2,577 in 2022 and $2,590 in 2021	`AccountsReceivableNetCurrent`	$471.86M	USD	Point-in-time
Inventories	`InventoryNet`	$475.95M	USD	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 authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	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
Other current assets	`OtherAssetsCurrent`	$45.73M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$28.98M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.34B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.02B	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
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$385.56M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$388.14M	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
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$22.87M	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`	$162.63M	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
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.73M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$60.51M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$61.71M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$61.13M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$70.22M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.84M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.68M	USD	Point-in-time
Total assets	`Assets`	$2.05B	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`	$1.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$180.79M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$208.87M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$43.59M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$49.63M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.72M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.01M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$145.19M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$159.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$418.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$382.44M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$1.06M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$1.13M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$4.68M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$5.57M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$11.92M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$11.96M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$16.30M	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`	$11.71M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$17.10M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$15.90M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$20.93M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$21.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$471.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$501.35M	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 56,730,133 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 56,730,133 in 2022 and 57,295,961 in 2021	`CommonStockValue`	$802.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$286.21M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$291.23M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.79B	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`	$-72.93M	USD	Point-in-time
Treasury common stock, at cost	`TreasuryStockValue`	$503.45M	USD	Point-in-time
Treasury common stock, at cost	`TreasuryStockValue`	$470.03M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$1.22B	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$1.51B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$34.84M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$35.16M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	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`	$2.05B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.15B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.16B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.01B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.83B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$799.71M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$820.91M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.47B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.57B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.89M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.13M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.14M	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$48.96M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$96.41M	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
Gain on sale of assets	`GainLossOnSaleOfBusiness`	$5.51M	USD	2 Qtrs
Gain on sale of assets	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Gain on sale of assets	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$481.57M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$157.81M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$250.35M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$268.87M	USD	1 Quarter
Interest expense	`InterestExpense`	$147.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$6.33M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.87M	USD	1 Quarter
Interest expense	`InterestExpense`	$305.00K	USD	2 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.67M	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.67M	USD	2 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$683.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.98M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.26M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$484.25M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$239.60M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$270.93M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$150.96M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$122.49M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$68.29M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$60.77M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$39.01M	USD	1 Quarter
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$4.89M	USD	1 Quarter
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$5.01M	USD	2 Qtrs
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-1.02M	USD	1 Quarter
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-2.67M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$207.52M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$366.77M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$110.93M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$176.17M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$972.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.10M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.90M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.23M	USD	2 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$108.83M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$364.87M	USD	2 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$206.55M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$171.94M	USD	2 Qtrs
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.95M	shares	1 Quarter
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`	55.79M	shares	1 Quarter
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.94M	shares	2 Qtrs
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	866,000.00	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`	776,000.00	shares	2 Qtrs
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	741,000.00	shares	1 Quarter
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`	56.74M	shares	2 Qtrs
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.53M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.72M	shares	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$6.52	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.70	USD	1 Quarter
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
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$6.43	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.92	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.65	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.03	USD	2 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.50	USD	2 Qtrs
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
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.26	USD	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$207.52M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$366.77M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$110.93M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$176.17M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$22.98M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$22.32M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$4.82M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.17M	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$151.00K	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$1.28M	USD	2 Qtrs
(Income) loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$4.89M	USD	1 Quarter
(Income) loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$5.01M	USD	2 Qtrs
(Income) loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-1.02M	USD	1 Quarter
(Income) loss from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-2.67M	USD	2 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.67M	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	$-5.67M	USD	2 Qtrs
Redemption premium	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$819.00K	USD	2 Qtrs
Gain on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$6.80M	USD	2 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-373.00K	USD	2 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$3.25M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$190.94M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$146.44M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$49.35M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$63.95M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.09M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.48M	USD	2 Qtrs
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$50.46M	USD	2 Qtrs
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$28.91M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-4.28M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$3.43M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$433.00K	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$247.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$204.53M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.28M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$23.25M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$17.98M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$13.94M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Payment received for (issuance of) notes receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	2 Qtrs
Payment received for (issuance of) notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$8.54M	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.73M	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.56M	USD	2 Qtrs
Dividends from unconsolidated affiliates	`ProceedsDividendsFromUnconsolidatedAffiliates`	-	USD	2 Qtrs
Dividends from unconsolidated affiliates	`ProceedsDividendsFromUnconsolidatedAffiliates`	$1.61M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.64M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.08M	USD	2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividendsCommonStock`	$27.97M	USD	2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividendsCommonStock`	$14.55M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$33.47M	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$425.00M	USD	2 Qtrs
Issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$400.50M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$111.00K	USD	2 Qtrs
Issuance of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	$463.00K	USD	2 Qtrs
Issuance of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	$360.00K	USD	2 Qtrs
Net cash (used) received to settle stock-based awards	`PaymentsForSettlementOfStockBasedAwards`	$-414.00K	USD	2 Qtrs
Net cash (used) received to settle stock-based awards	`PaymentsForSettlementOfStockBasedAwards`	$95.00K	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.11M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-61.28M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.72M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.23M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$987.00K	USD	2 Qtrs
Increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.65M	USD	2 Qtrs
Increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$126.94M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$217.31M	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 beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$125.72M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$217.31M	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
Cash, cash equivalents, and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$125.72M	USD	Point-in-time

Stockholders Equity 20 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`	$1.55B	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`	$364.87M	USD	2 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$206.55M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$171.94M	USD	2 Qtrs
Total other comprehensive (loss) income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-501.00K	USD	1 Quarter
Total other comprehensive (loss) income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-21.17M	USD	2 Qtrs
Total other comprehensive (loss) income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-27.04M	USD	1 Quarter
Total other comprehensive (loss) income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$6.28M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$972.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.10M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.90M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.23M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.52M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.91M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-17.12M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.90M	USD	2 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	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`	$2.85M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$207.52M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$814.00K	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$961.00K	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$366.77M	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$3.45M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$110.93M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$176.17M	USD	2 Qtrs
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`	$-1.00K	USD	1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-31.00K	USD	1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$103.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.52M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.91M	USD	2 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$219.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-17.12M	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$-358.00K	USD	2 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$-1.28M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.90M	USD	2 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$-656.00K	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $3,450, $961, $2,846, and $814	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-11.89M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $3,450, $961, $2,846, and $814	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-9.79M	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $3,450, $961, $2,846, and $814	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.34M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $3,450, $961, $2,846, and $814	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.84M	USD	2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $31, $1, $(103), and $57	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-121.00K	USD	2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $31, $1, $(103), and $57	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$17.00K	USD	2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $31, $1, $(103), and $57	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$299.00K	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $31, $1, $(103), and $57	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-74.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(656), $219, $(1,280), and $(358)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.41M	USD	2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(656), $219, $(1,280), and $(358)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.23M	USD	2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(656), $219, $(1,280), and $(358)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-753.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(656), $219, $(1,280), and $(358)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.26M	USD	1 Quarter
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$-501.00K	USD	1 Quarter
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$-21.17M	USD	2 Qtrs
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$-27.04M	USD	1 Quarter
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$6.28M	USD	2 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$110.43M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$182.44M	USD	2 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$345.60M	USD	2 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$180.48M	USD	1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.33M	USD	1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$315.00K	USD	2 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-584.00K	USD	1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.88M	USD	2 Qtrs
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$109.10M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$181.06M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$345.29M	USD	2 Qtrs
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$178.56M	USD	2 Qtrs

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