10-Q Filing

MUELLER INDUSTRIES INC CIK: 89439 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000089439-23-000053`
Period End Date	20230630
Filing Date	20230726
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	mli-20230701_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 92 Cash Flow Statement 80 Stockholders Equity 20 Comprehensive Income 48

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.90M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$771.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$461.02M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$217.86M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$127.05M	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 $2,905 in 2023 and $2,687 in 2022	`AccountsReceivableNetCurrent`	$380.35M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $2,905 in 2023 and $2,687 in 2022	`AccountsReceivableNetCurrent`	$459.47M	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
Inventories	`InventoryNet`	$448.92M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$465.73M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$26.50M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$28.17M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.85B	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
Total current assets	`AssetsCurrent`	$1.53B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	80.18M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$386.93M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$379.95M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	80.18M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.78M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.00M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$22.89M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$31.16M	USD	Point-in-time
Goodwill, net	`Goodwill`	$157.59M	USD	Point-in-time
Goodwill, net	`Goodwill`	$158.77M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$52.93M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$54.78M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$73.41M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$72.36M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$20.17M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$21.48M	USD	Point-in-time
Total assets	`Assets`	$2.58B	USD	Point-in-time
Total assets	`Assets`	$2.24B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$811.00K	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$670.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$155.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$128.00M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$45.15M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$61.91M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$4.94M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.95M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$152.63M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$136.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$344.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$348.30M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$1.22M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$1.27M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$2.93M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$4.08M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$9.24M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$8.98M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$16.38M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$15.73M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$18.82M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$16.26M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$16.88M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$23.60M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$17.36M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$16.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$433.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$428.44M	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 56,777,485 in 2023 and 57,001,617 in 2022	`CommonStockValue`	$802.00K	USD	Point-in-time
Common stock - $.01 par value; shares authorized 100,000,000; issued 80,183,004; outstanding 56,777,485 in 2023 and 57,001,617 in 2022	`CommonStockValue`	$802.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$297.27M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$309.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.38B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.06B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-46.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-64.17M	USD	Point-in-time
Treasury common stock, at cost	`TreasuryStockValue`	$502.78M	USD	Point-in-time
Treasury common stock, at cost	`TreasuryStockValue`	$524.65M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$1.79B	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$2.12B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$23.05M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$26.71M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.14B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.81B	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`	$2.24B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.58B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.15B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.87B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.16B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$896.98M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$639.27M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.57B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$820.91M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.32B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.42M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.14M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.07M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.30M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$108.69M	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$96.41M	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$48.96M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$56.06M	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfOtherAssets`	-	USD	2 Qtrs
Gain on sale of assets	`GainLossOnSaleOfOtherAssets`	-	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfOtherAssets`	$5.51M	USD	2 Qtrs
Gain on sale of assets	`GainLossOnSaleOfOtherAssets`	-	USD	1 Quarter
Gain on insurance settlement	`InsuredEventGainLoss`	$19.47M	USD	1 Quarter
Gain on insurance settlement	`InsuredEventGainLoss`	$19.47M	USD	2 Qtrs
Gain on insurance settlement	`InsuredEventGainLoss`	-	USD	1 Quarter
Gain on insurance settlement	`InsuredEventGainLoss`	-	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$268.87M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$439.81M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$210.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$481.57M	USD	2 Qtrs
Interest expense	`InterestExpense`	$147.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$305.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$135.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$278.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.73M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$13.97M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$103.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$263.00K	USD	2 Qtrs
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	$20.82M	USD	1 Quarter
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	$20.82M	USD	2 Qtrs
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	-	USD	2 Qtrs
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.84M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$4.08M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.72M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.10M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$240.96M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$484.25M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$478.39M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$270.93M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$62.12M	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`	$123.48M	USD	2 Qtrs
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$715.00K	USD	1 Quarter
Income (loss) from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-269.00K	USD	2 Qtrs
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
Consolidated net income	`ProfitLoss`	$207.52M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$366.77M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$179.55M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$354.64M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.90M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.84M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.69M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$972.00K	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$206.55M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$177.71M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$364.87M	USD	2 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$350.95M	USD	2 Qtrs
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.66M	shares	1 Quarter
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
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.68M	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
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.02M	shares	2 Qtrs
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.34M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.72M	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`	57.00M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.70M	shares	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`	$6.52	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.19	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$6.30	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$6.19	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.65	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$6.43	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.12	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.60	USD	2 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.50	USD	2 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.30	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter

Cash Flow Statement 80 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`	$179.55M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$354.64M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$21.25M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$22.32M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.17M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$12.46M	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$151.00K	USD	2 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$-80.00K	USD	2 Qtrs
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$715.00K	USD	1 Quarter
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-269.00K	USD	2 Qtrs
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$4.89M	USD	1 Quarter
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$5.01M	USD	2 Qtrs
Insurance proceeds - noncapital related	`ProceedsFromInsurancePremiumsCollected`	-	USD	2 Qtrs
Insurance proceeds - noncapital related	`ProceedsFromInsurancePremiumsCollected`	$9.85M	USD	2 Qtrs
Gain on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$6.80M	USD	2 Qtrs
Gain on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$141.00K	USD	2 Qtrs
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	$20.82M	USD	1 Quarter
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	$20.82M	USD	2 Qtrs
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	-	USD	2 Qtrs
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Gain on insurance settlement	`InsuredEventGainLoss`	$19.47M	USD	1 Quarter
Gain on insurance settlement	`InsuredEventGainLoss`	$19.47M	USD	2 Qtrs
Gain on insurance settlement	`InsuredEventGainLoss`	-	USD	1 Quarter
Gain on insurance settlement	`InsuredEventGainLoss`	-	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-373.00K	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$2.41M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$146.44M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$77.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$12.15M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$49.35M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.09M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.57M	USD	2 Qtrs
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-14.46M	USD	2 Qtrs
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$28.91M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-976.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-4.28M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.31M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$433.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$250.83M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$204.53M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$23.25M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$29.22M	USD	2 Qtrs
Insurance proceeds - capital related	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	2 Qtrs
Insurance proceeds - capital related	`ProceedsFromInsuranceSettlementInvestingActivities`	$24.65M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireOtherInvestments`	-	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireOtherInvestments`	$106.23M	USD	2 Qtrs
Proceeds from the maturity of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	-	USD	2 Qtrs
Proceeds from the maturity of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$217.86M	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$142.00K	USD	2 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.56M	USD	2 Qtrs
Dividends from unconsolidated affiliates	`ProceedsDividendsFromUnconsolidatedAffiliates`	$1.61M	USD	2 Qtrs
Dividends from unconsolidated affiliates	`ProceedsDividendsFromUnconsolidatedAffiliates`	$797.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$108.00M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.08M	USD	2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividendsCommonStock`	$33.40M	USD	2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividendsCommonStock`	$27.97M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$33.47M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$19.30M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$130.00K	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$111.00K	USD	2 Qtrs
(Repayment) issuance of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	$360.00K	USD	2 Qtrs
(Repayment) issuance of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	$-143.00K	USD	2 Qtrs
Net cash used to settle stock-based awards	`PaymentsForSettlementOfStockBasedAwards`	$2.59M	USD	2 Qtrs
Net cash used to settle stock-based awards	`PaymentsForSettlementOfStockBasedAwards`	$95.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-61.28M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-55.57M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.23M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.83M	USD	2 Qtrs
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$308.08M	USD	2 Qtrs
Increase 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`	$465.30M	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`	$773.38M	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`	$465.30M	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`	$773.38M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.14B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.81B	USD	Point-in-time
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$206.55M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$177.71M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$364.87M	USD	2 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$350.95M	USD	2 Qtrs
Total other comprehensive income (loss) attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$17.89M	USD	2 Qtrs
Total other comprehensive income (loss) attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$5.41M	USD	1 Quarter
Total other comprehensive income (loss) attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-27.04M	USD	1 Quarter
Total other comprehensive income (loss) attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-21.17M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.90M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.84M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.69M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$972.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.91M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$17.98M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-17.12M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.72M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.14B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.81B	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`	$503.00K	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`	$3.45M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$366.77M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$179.55M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$775.00K	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$354.64M	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$2.85M	USD	2 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-103.00K	USD	2 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$12.00K	USD	2 Qtrs
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`	$1.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.91M	USD	2 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$656.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$476.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$17.98M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-17.12M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.72M	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$-103.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$1.28M	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $775, $3,450, $503, and $2,846	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-11.89M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $775, $3,450, $503, and $2,846	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.73M	USD	2 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $775, $3,450, $503, and $2,846	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.68M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $775, $3,450, $503, and $2,846	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-9.79M	USD	2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $1, $31, $12, and $(103)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$299.00K	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $1, $31, $12, and $(103)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-9.00K	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $1, $31, $12, and $(103)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00K	USD	2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $1, $31, $12, and $(103)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-121.00K	USD	2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(103), $(656), $(476), and $(1,280)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.64M	USD	2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(103), $(656), $(476), and $(1,280)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.41M	USD	2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(103), $(656), $(476), and $(1,280)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.26M	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(103), $(656), $(476), and $(1,280)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$353.00K	USD	1 Quarter
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$17.89M	USD	2 Qtrs
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$5.41M	USD	1 Quarter
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$-27.04M	USD	1 Quarter
Total other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$-21.17M	USD	2 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$372.53M	USD	2 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$345.60M	USD	2 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$180.48M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$184.96M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-584.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.66M	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$315.00K	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.55M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$181.06M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$368.88M	USD	2 Qtrs
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$183.41M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$345.29M	USD	2 Qtrs

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