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10-Q Filing

MUELLER INDUSTRIES INC CIK: 89439 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0000089439-22-000058
Period End Date 20220930
Filing Date 20221019
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance mli-20220924_htm.xml
Balance Sheet 90 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $2.69M 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 $483.50M USD Point-in-time
Accounts receivable, less allowance for doubtful accounts of $2,691 in 2022 and $2,590 in 2021 AccountsReceivableNetCurrent $441.29M 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 $2,691 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
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
Inventories InventoryNet $454.51M USD Point-in-time
Other current assets OtherAssetsCurrent $41.63M 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
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
Total current assets AssetsCurrent $1.42B 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
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 $374.16M USD Point-in-time
Property, plant, and equipment, net PropertyPlantAndEquipmentNet $385.56M 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
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $24.30M USD Point-in-time
Goodwill, net Goodwill $171.33M USD Point-in-time
Goodwill, net Goodwill $156.94M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 56.86M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 57.30M shares Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $55.54M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $61.71M USD Point-in-time
Investments in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $70.44M USD Point-in-time
Investments in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $61.13M USD Point-in-time
Other assets OtherAssetsNoncurrent $7.45M USD Point-in-time
Other assets OtherAssetsNoncurrent $6.68M USD Point-in-time
Total assets Assets $2.11B 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 $1.12M USD Point-in-time
Accounts payable AccountsPayableCurrent $166.98M USD Point-in-time
Accounts payable AccountsPayableCurrent $180.79M USD Point-in-time
Accrued wages and other employee costs EmployeeRelatedLiabilitiesCurrent $54.25M USD Point-in-time
Accrued wages and other employee costs EmployeeRelatedLiabilitiesCurrent $49.63M USD Point-in-time
Current portion of operating lease liabilities OperatingLeaseLiabilityCurrent $5.27M 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 $147.32M USD Point-in-time
Total current liabilities LiabilitiesCurrent $374.95M 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 $1.18M USD Point-in-time
Pension liabilities DefinedBenefitPensionPlanLiabilitiesNoncurrent $5.42M USD Point-in-time
Pension liabilities DefinedBenefitPensionPlanLiabilitiesNoncurrent $5.57M USD Point-in-time
Postretirement benefits other than pensions OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $11.79M USD Point-in-time
Postretirement benefits other than pensions OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $11.96M USD Point-in-time
Environmental reserves AccruedEnvironmentalLossContingenciesNoncurrent $17.68M USD Point-in-time
Environmental reserves AccruedEnvironmentalLossContingenciesNoncurrent $15.61M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $11.43M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $14.35M USD Point-in-time
Noncurrent operating lease liabilities OperatingLeaseLiabilityNoncurrent $18.43M USD Point-in-time
Noncurrent operating lease liabilities OperatingLeaseLiabilityNoncurrent $17.10M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $21.81M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $16.30M USD Point-in-time
Total liabilities Liabilities $471.97M USD Point-in-time
Total liabilities Liabilities $455.10M 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 56,863,688 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 56,863,688 in 2022 and 57,295,961 in 2021 CommonStockValue $802.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $294.40M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $286.21M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.46B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.94B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-53.35M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-99.45M USD Point-in-time
Treasury common stock, at cost TreasuryStockValue $470.03M USD Point-in-time
Treasury common stock, at cost TreasuryStockValue $505.65M USD Point-in-time
Total Mueller Industries, Inc. stockholders' equity StockholdersEquity $1.63B USD Point-in-time
Total Mueller Industries, Inc. stockholders' equity StockholdersEquity $1.22B USD Point-in-time
Noncontrolling interests MinorityInterest $34.84M USD Point-in-time
Noncontrolling interests MinorityInterest $29.41M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.26B 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 $2.11B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.73B USD Point-in-time
Income Statement 88 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $2.81B USD 3 Qtrs
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $3.10B USD 3 Qtrs
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $982.25M USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $944.83M USD 1 Quarter
Cost of goods sold CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization $2.21B USD 3 Qtrs
Cost of goods sold CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization $744.26M USD 1 Quarter
Cost of goods sold CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization $2.24B USD 3 Qtrs
Cost of goods sold CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization $678.64M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $33.76M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $32.99M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $10.87M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $10.85M USD 1 Quarter
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $137.89M USD 3 Qtrs
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $48.52M USD 1 Quarter
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $146.59M USD 3 Qtrs
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $50.18M USD 1 Quarter
Gain on sale of assets GainLossOnSaleOfOtherAssets - USD 1 Quarter
Gain on sale of assets GainLossOnSaleOfOtherAssets $5.51M USD 3 Qtrs
Gain on sale of assets GainLossOnSaleOfOtherAssets - USD 3 Qtrs
Gain on sale of assets GainLossOnSaleOfOtherAssets - USD 1 Quarter
Gain on sale of businesses GainLossOnSaleOfBusiness $54.76M USD 3 Qtrs
Gain on sale of businesses GainLossOnSaleOfBusiness - USD 3 Qtrs
Gain on sale of businesses GainLossOnSaleOfBusiness - USD 1 Quarter
Gain on sale of businesses GainLossOnSaleOfBusiness $54.76M USD 1 Quarter
Operating income OperatingIncomeLoss $233.35M USD 1 Quarter
Operating income OperatingIncomeLoss $483.70M USD 3 Qtrs
Operating income OperatingIncomeLoss $205.16M USD 1 Quarter
Operating income OperatingIncomeLoss $686.74M USD 3 Qtrs
Interest expense InterestExpense $1.12M USD 1 Quarter
Interest expense InterestExpense $7.45M USD 3 Qtrs
Interest expense InterestExpense $361.00K USD 1 Quarter
Interest expense InterestExpense $666.00K USD 3 Qtrs
Redemption premium GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Redemption premium GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Redemption premium GainsLossesOnExtinguishmentOfDebt $-5.67M USD 3 Qtrs
Redemption premium GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-1.29M USD 3 Qtrs
Other income (expense), net OtherNonoperatingIncomeExpense $-2.55M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $1.03M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $4.01M USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $229.69M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $205.83M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $469.29M USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $690.08M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $173.52M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $60.23M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $121.00M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $51.03M USD 1 Quarter
Income from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $1.01M USD 1 Quarter
Income from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $2.80M USD 1 Quarter
Income from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $131.00K USD 3 Qtrs
Income from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $6.03M USD 3 Qtrs
Consolidated net income ProfitLoss $522.59M USD 3 Qtrs
Consolidated net income ProfitLoss $348.43M USD 3 Qtrs
Consolidated net income ProfitLoss $172.26M USD 1 Quarter
Consolidated net income ProfitLoss $155.81M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.28M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $3.17M USD 3 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.27M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $5.51M USD 3 Qtrs
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $342.92M USD 3 Qtrs
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $154.54M USD 1 Quarter
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $519.41M USD 3 Qtrs
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $170.98M USD 1 Quarter
Weighted average shares for basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 55.59M shares 1 Quarter
Weighted average shares for basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 56.08M shares 1 Quarter
Weighted average shares for basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 55.83M shares 3 Qtrs
Weighted average shares for basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 55.98M shares 3 Qtrs
Effect of dilutive stock-based awards (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 796,000.00 shares 3 Qtrs
Effect of dilutive stock-based awards (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 731,000.00 shares 1 Quarter
Effect of dilutive stock-based awards (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 835,000.00 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 56.62M 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 56.42M 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 $2.78 USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $3.05 USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $6.13 USD 3 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $9.30 USD 3 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $6.04 USD 3 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $2.74 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 $9.17 USD 3 Qtrs
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.75 USD 3 Qtrs
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.39 USD 3 Qtrs
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.25 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.13 USD 1 Quarter
Cash Flow Statement 94 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $522.59M USD 3 Qtrs
Consolidated net income ProfitLoss $348.43M USD 3 Qtrs
Consolidated net income ProfitLoss $172.26M USD 1 Quarter
Consolidated net income ProfitLoss $155.81M USD 1 Quarter
Depreciation and amortization Depreciation $33.26M 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 $12.25M USD 3 Qtrs
Provision for doubtful accounts receivable ProvisionForDoubtfulAccounts $1.31M USD 3 Qtrs
Provision for doubtful accounts receivable ProvisionForDoubtfulAccounts $327.00K USD 3 Qtrs
Income from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $1.01M USD 1 Quarter
Income from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $2.80M USD 1 Quarter
Income from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $131.00K USD 3 Qtrs
Income from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $6.03M USD 3 Qtrs
Redemption premium GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Redemption premium GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Redemption premium GainsLossesOnExtinguishmentOfDebt $-5.67M USD 3 Qtrs
Redemption premium GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Gain on disposals of properties GainLossOnSaleOfPropertyPlantEquipment $7.11M USD 3 Qtrs
Gain on disposals of properties GainLossOnSaleOfPropertyPlantEquipment $1.14M USD 3 Qtrs
Gain on sale of businesses GainLossOnSaleOfBusiness $54.76M USD 3 Qtrs
Gain on sale of businesses GainLossOnSaleOfBusiness - USD 3 Qtrs
Gain on sale of businesses GainLossOnSaleOfBusiness - USD 1 Quarter
Gain on sale of businesses GainLossOnSaleOfBusiness $54.76M USD 1 Quarter
Impairment charges AssetImpairmentCharges $2.57M USD 3 Qtrs
Impairment charges AssetImpairmentCharges - USD 3 Qtrs
Insurance proceeds - non-capital related ProceedsFromInsuranceNonCapitalRelated - USD 3 Qtrs
Insurance proceeds - non-capital related ProceedsFromInsuranceNonCapitalRelated $1.65M USD 3 Qtrs
Deferred income tax expense DeferredIncomeTaxExpenseBenefit $6.30M USD 3 Qtrs
Deferred income tax expense DeferredIncomeTaxExpenseBenefit $226.00K USD 3 Qtrs
Receivables IncreaseDecreaseInAccountsReceivable $-15.74M USD 3 Qtrs
Receivables IncreaseDecreaseInAccountsReceivable $155.10M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $96.50M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $33.77M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $9.34M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $8.57M USD 3 Qtrs
Current liabilities IncreaseDecreaseInOtherCurrentLiabilities $-5.33M USD 3 Qtrs
Current liabilities IncreaseDecreaseInOtherCurrentLiabilities $85.52M USD 3 Qtrs
Other liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $8.34M USD 3 Qtrs
Other liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $-7.40M USD 3 Qtrs
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $851.00K USD 3 Qtrs
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $923.00K USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $181.48M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $516.91M USD 3 Qtrs
Capital expenditures PaymentsToAcquireProductiveAssets $29.55M USD 3 Qtrs
Capital expenditures PaymentsToAcquireProductiveAssets $25.55M USD 3 Qtrs
Insurance proceeds - capital related ProceedsFromInsuranceSettlementInvestingActivities - USD 3 Qtrs
Insurance proceeds - capital related ProceedsFromInsuranceSettlementInvestingActivities $3.35M USD 3 Qtrs
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - 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 notes receivable ProceedsFromCollectionOfNotesReceivable - USD 3 Qtrs
Payment received for notes receivable ProceedsFromCollectionOfNotesReceivable $8.54M USD 3 Qtrs
Proceeds from sales of assets ProceedsFromSaleOfPropertyPlantAndEquipment $7.84M USD 3 Qtrs
Proceeds from sales of assets ProceedsFromSaleOfPropertyPlantAndEquipment $2.12M USD 3 Qtrs
Dividends from unconsolidated affiliates ProceedsDividendsFromUnconsolidatedAffiliates - USD 3 Qtrs
Dividends from unconsolidated affiliates ProceedsDividendsFromUnconsolidatedAffiliates $2.09M USD 3 Qtrs
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $43.82M USD 3 Qtrs
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-16.27M 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 $41.88M USD 3 Qtrs
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest - USD 3 Qtrs
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $9.72M USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $38.05M 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 - USD 3 Qtrs
Issuance of debt ProceedsFromIssuanceOfLongTermDebt $475.00M USD 3 Qtrs
Issuance of debt ProceedsFromIssuanceOfLongTermDebt - USD 3 Qtrs
Repayments of debt RepaymentsOfLongTermDebt $148.00K USD 3 Qtrs
Repayments of debt RepaymentsOfLongTermDebt $680.57M USD 3 Qtrs
Issuance (repayment) of debt by consolidated joint ventures, net ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures $406.00K USD 3 Qtrs
Issuance (repayment) of debt by consolidated joint ventures, net ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures $-4.87M USD 3 Qtrs
Net cash (used) received to settle stock-based awards PaymentsForSettlementOfStockBasedAwards $1.62M USD 3 Qtrs
Net cash (used) received to settle stock-based awards PaymentsForSettlementOfStockBasedAwards $-219.00K USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts - USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $1.11M USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-81.29M USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-244.15M USD 3 Qtrs
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-10.31M USD 3 Qtrs
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-377.00K USD 3 Qtrs
Increase (decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-19.23M USD 3 Qtrs
Increase (decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $409.04M USD 3 Qtrs
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 $108.15M USD Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $499.42M 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 $90.38M USD Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $108.15M USD Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $499.42M 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 20 line items
Line Item Tag Value Unit Period
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.26B USD Point-in-time
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $342.92M USD 3 Qtrs
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $154.54M USD 1 Quarter
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $519.41M USD 3 Qtrs
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $170.98M USD 1 Quarter
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 $-4.98M USD 1 Quarter
Total other comprehensive (loss) income attributable to Mueller Industries, Inc. OtherComprehensiveIncomeLossNetOfTax $-49.11M USD 3 Qtrs
Total other comprehensive (loss) income attributable to Mueller Industries, Inc. OtherComprehensiveIncomeLossNetOfTax $-27.94M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.28M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $3.17M USD 3 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.27M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $5.51M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-28.18M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-8.57M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-44.09M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-667.00K USD 3 Qtrs
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.26B USD Point-in-time
Comprehensive Income 48 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $522.59M USD 3 Qtrs
Consolidated net income ProfitLoss $348.43M USD 3 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $352, $(610), $3,198, and $204 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $352.00K USD 1 Quarter
Consolidated net income ProfitLoss $172.26M USD 1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $352, $(610), $3,198, and $204 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $3.20M USD 3 Qtrs
Consolidated net income ProfitLoss $155.81M USD 1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $352, $(610), $3,198, and $204 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $-610.00K USD 1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $352, $(610), $3,198, and $204 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $204.00K USD 3 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $(573), $(137), $(676), and $(80) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $80.00K USD 3 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $(573), $(137), $(676), and $(80) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $573.00K USD 1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(573), $(137), $(676), and $(80) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $137.00K USD 1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(573), $(137), $(676), and $(80) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $676.00K USD 3 Qtrs
Attributable to unconsolidated affiliates, net of tax of $56, $(284), $(1,224), and $(642) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax $-642.00K USD 3 Qtrs
Attributable to unconsolidated affiliates, net of tax of $56, $(284), $(1,224), and $(642) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax $56.00K USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-28.18M USD 1 Quarter
Attributable to unconsolidated affiliates, net of tax of $56, $(284), $(1,224), and $(642) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax $-1.22M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-8.57M USD 1 Quarter
Attributable to unconsolidated affiliates, net of tax of $56, $(284), $(1,224), and $(642) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax $-284.00K USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-44.09M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-667.00K USD 3 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $352, $(610), $3,198, and $204 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-10.97M USD 3 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $352, $(610), $3,198, and $204 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-722.00K USD 3 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $352, $(610), $3,198, and $204 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.18M USD 1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $352, $(610), $3,198, and $204 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.12M USD 1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(573), $(137), $(676), and $(80) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-493.00K USD 1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(573), $(137), $(676), and $(80) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.73M USD 3 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $(573), $(137), $(676), and $(80) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.61M USD 1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(573), $(137), $(676), and $(80) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-476.00K USD 3 Qtrs
Attributable to unconsolidated affiliates, net of tax of $56, $(284), $(1,224), and $(642) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $977.00K USD 1 Quarter
Attributable to unconsolidated affiliates, net of tax of $56, $(284), $(1,224), and $(642) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-191.00K USD 1 Quarter
Attributable to unconsolidated affiliates, net of tax of $56, $(284), $(1,224), and $(642) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $4.22M USD 3 Qtrs
Attributable to unconsolidated affiliates, net of tax of $56, $(284), $(1,224), and $(642) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.21M USD 3 Qtrs
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $1.30M USD 3 Qtrs
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $-4.98M USD 1 Quarter
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $-49.11M USD 3 Qtrs
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $-27.94M USD 1 Quarter
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $473.47M USD 3 Qtrs
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $349.72M USD 3 Qtrs
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $127.87M USD 1 Quarter
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $167.28M USD 1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $167.00K USD 3 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-148.00K USD 1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $192.00K USD 1 Quarter
Comprehensive loss (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 $128.02M USD 1 Quarter
Comprehensive income attributable to Mueller Industries, Inc. ComprehensiveIncomeNetOfTax $345.65M USD 3 Qtrs
Comprehensive income attributable to Mueller Industries, Inc. ComprehensiveIncomeNetOfTax $473.31M USD 3 Qtrs

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

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