10-Q Filing

MUELLER INDUSTRIES INC CIK: 89439 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000089439-23-000070`
Period End Date	20230930
Filing Date	20231025
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	mli-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 100 Cash Flow Statement 90 Stockholders Equity 20 Comprehensive Income 48

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.92M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$461.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$979.79M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$124.68M	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
Short-term investments	`ShortTermInvestments`	$217.86M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $2,918 in 2023 and $2,687 in 2022	`AccountsReceivableNetCurrent`	$380.35M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $2,918 in 2023 and $2,687 in 2022	`AccountsReceivableNetCurrent`	$409.19M	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
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$391.74M	USD	Point-in-time
Inventories	`InventoryNet`	$448.92M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$26.50M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$31.37M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.53B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.94B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	160.37M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	160.37M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	113.53M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	114.00M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$379.95M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$376.68M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$22.89M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$33.90M	USD	Point-in-time
Goodwill, net	`Goodwill`	$150.92M	USD	Point-in-time
Goodwill, net	`Goodwill`	$157.59M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$46.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$54.78M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$72.36M	USD	Point-in-time
Investments in unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$97.03M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$20.17M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$21.65M	USD	Point-in-time
Total assets	`Assets`	$2.24B	USD	Point-in-time
Total assets	`Assets`	$2.66B	USD	Point-in-time
Stock split conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	2.00	pure	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$811.00K	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$556.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$128.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$141.93M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$61.91M	USD	Point-in-time
Accrued wages and other employee costs	`EmployeeRelatedLiabilitiesCurrent`	$49.06M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$7.43M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$4.94M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$123.52M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$152.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$322.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$348.30M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$1.30M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$1.22M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$4.08M	USD	Point-in-time
Pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$3.80M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$8.98M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$9.13M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$16.38M	USD	Point-in-time
Environmental reserves	`AccruedEnvironmentalLossContingenciesNoncurrent`	$15.42M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$18.50M	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`	$25.79M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$16.06M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$16.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$428.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$412.51M	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 250,000,000 in 2023 and 100,000,000 in 2022; issued 160,366,008; outstanding 113,528,010 in 2023 and 114,003,234 in 2022 (1)	`CommonStockValue`	$802.00K	USD	Point-in-time
Common stock - $.01 par value; shares authorized 250,000,000 in 2023 and 100,000,000 in 2022; issued 160,366,008; outstanding 113,528,010 in 2023 and 114,003,234 in 2022 (1)	`CommonStockValue`	$802.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$313.65M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$297.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.06B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.49B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-55.06M	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`	$530.30M	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$1.79B	USD	Point-in-time
Total Mueller Industries, Inc. stockholders' equity	`StockholdersEquity`	$2.22B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$29.99M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$23.05M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.25B	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`	$2.66B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$819.79M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.10B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$944.83M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.69B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$579.06M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$2.24B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$678.64M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.90B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.99M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.63M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.70M	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$156.99M	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$50.18M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$146.59M	USD	3 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$48.30M	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 assets	`GainLossOnSaleOfOtherAssets`	-	USD	1 Quarter
Gain on sale of business	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on sale of business	`GainLossOnSaleOfBusiness`	$4.14M	USD	1 Quarter
Gain on sale of business	`GainLossOnSaleOfBusiness`	$4.14M	USD	3 Qtrs
Gain on sale of business	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Asset impairments	`AssetImpairmentCharges`	$5.93M	USD	3 Qtrs
Asset impairments	`AssetImpairmentCharges`	-	USD	1 Quarter
Asset impairments	`AssetImpairmentCharges`	-	USD	3 Qtrs
Asset impairments	`AssetImpairmentCharges`	$5.93M	USD	1 Quarter
Gain on insurance settlement	`InsuredEventGainLoss`	-	USD	1 Quarter
Gain on insurance settlement	`InsuredEventGainLoss`	$19.47M	USD	3 Qtrs
Gain on insurance settlement	`InsuredEventGainLoss`	-	USD	3 Qtrs
Gain on insurance settlement	`InsuredEventGainLoss`	-	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$620.82M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$205.16M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$181.01M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$686.74M	USD	3 Qtrs
Interest expense	`InterestExpense`	$508.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$361.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$666.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$230.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.62M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.36M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$10.60M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$24.57M	USD	3 Qtrs
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	$18.45M	USD	3 Qtrs
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	$-2.37M	USD	1 Quarter
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	-	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-326.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-44.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$2.39M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$4.03M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$188.97M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$667.36M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$690.08M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$205.83M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$174.32M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$173.52M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$51.03M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$50.84M	USD	1 Quarter
(Loss) income from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-2.68M	USD	3 Qtrs
(Loss) income from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$-2.41M	USD	1 Quarter
(Loss) income from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$1.01M	USD	1 Quarter
(Loss) income from unconsolidated affiliates, net of foreign tax	`IncomeLossFromEquityMethodInvestments`	$6.03M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$490.35M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$155.81M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$522.59M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$135.71M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	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`	$6.69M	USD	3 Qtrs
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$132.71M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$483.66M	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
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	111.37M	shares	3 Qtrs
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	111.65M	shares	3 Qtrs
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	111.42M	shares	1 Quarter
Weighted average shares for basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	111.18M	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	2.18M	shares	3 Qtrs
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.59M	shares	3 Qtrs
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	2.45M	shares	1 Quarter
Effect of dilutive stock-based awards (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	1.67M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.56M	shares	3 Qtrs
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.85M	shares	1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.24M	shares	3 Qtrs
Adjusted weighted average shares for diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.87M	shares	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$4.34	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.39	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.19	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$4.65	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$4.59	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.17	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$4.26	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.37	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.45	USD	3 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.38	USD	3 Qtrs

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$490.35M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$155.81M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$522.59M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$135.71M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$33.26M	USD	3 Qtrs
Depreciation and amortization	`Depreciation`	$31.05M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$17.27M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$12.25M	USD	3 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$327.00K	USD	3 Qtrs
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$-63.00K	USD	3 Qtrs
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-2.68M	USD	3 Qtrs
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-2.41M	USD	1 Quarter
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$1.01M	USD	1 Quarter
Loss (income) from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$6.03M	USD	3 Qtrs
Insurance proceeds - noncapital related	`ProceedsFromInsurancePremiumsCollected`	$1.65M	USD	3 Qtrs
Insurance proceeds - noncapital related	`ProceedsFromInsurancePremiumsCollected`	$9.85M	USD	3 Qtrs
Gain on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$7.11M	USD	3 Qtrs
Gain on disposals of properties	`GainLossOnSaleOfPropertyPlantEquipment`	$106.00K	USD	3 Qtrs
Gain on sale of business	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on sale of business	`GainLossOnSaleOfBusiness`	$4.14M	USD	1 Quarter
Gain on sale of business	`GainLossOnSaleOfBusiness`	$4.14M	USD	3 Qtrs
Gain on sale of business	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	$18.45M	USD	3 Qtrs
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	$-2.37M	USD	1 Quarter
Unrealized gain on short-term investments	`UnrealizedGainLossOnInvestments`	-	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	$5.93M	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	$5.93M	USD	1 Quarter
Gain on insurance settlement	`InsuredEventGainLoss`	-	USD	1 Quarter
Gain on insurance settlement	`InsuredEventGainLoss`	$19.47M	USD	3 Qtrs
Gain on insurance settlement	`InsuredEventGainLoss`	-	USD	3 Qtrs
Gain on insurance settlement	`InsuredEventGainLoss`	-	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$226.00K	USD	3 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$3.80M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$36.85M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-15.74M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$33.77M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-53.37M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$12.90M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.57M	USD	3 Qtrs
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-5.33M	USD	3 Qtrs
Current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-25.50M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-7.40M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.83M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$923.00K	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.48M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$498.49M	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`	$39.47M	USD	3 Qtrs
Investments in unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$4.00M	USD	3 Qtrs
Investments in unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	3 Qtrs
Insurance proceeds - capital related	`ProceedsFromInsuranceSettlementInvestingActivities`	$3.35M	USD	3 Qtrs
Insurance proceeds - capital related	`ProceedsFromInsuranceSettlementInvestingActivities`	$24.65M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireOtherInvestments`	-	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireOtherInvestments`	$106.23M	USD	3 Qtrs
Proceeds from the maturity of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$217.86M	USD	3 Qtrs
Proceeds from the maturity of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	-	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.84M	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$214.00K	USD	3 Qtrs
Dividends from unconsolidated affiliates	`ProceedsDividendsFromUnconsolidatedAffiliates`	$1.09M	USD	3 Qtrs
Dividends from unconsolidated affiliates	`ProceedsDividendsFromUnconsolidatedAffiliates`	$2.09M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$94.12M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.27M	USD	3 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividendsCommonStock`	$41.88M	USD	3 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc.	`PaymentsOfDividendsCommonStock`	$50.13M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$19.30M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$38.05M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$185.00K	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$148.00K	USD	3 Qtrs
(Repayment) issuance of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	$406.00K	USD	3 Qtrs
(Repayment) issuance of debt by consolidated joint ventures, net	`ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures`	$-265.00K	USD	3 Qtrs
Net cash used to settle stock-based awards	`PaymentsForSettlementOfStockBasedAwards`	$1.62M	USD	3 Qtrs
Net cash used to settle stock-based awards	`PaymentsForSettlementOfStockBasedAwards`	$9.11M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-79.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-81.29M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.31M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.31M	USD	3 Qtrs
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$515.92M	USD	3 Qtrs
Increase 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`	$465.30M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$981.22M	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`	$499.42M	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`	$981.22M	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`	$499.42M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.25B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.81B	USD	Point-in-time
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$132.71M	USD	1 Quarter
Net income attributable to Mueller Industries, Inc.	`NetIncomeLoss`	$483.66M	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
Total other comprehensive (loss) income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$-27.94M	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`	$-8.53M	USD	1 Quarter
Total other comprehensive (loss) income attributable to Mueller Industries, Inc.	`OtherComprehensiveIncomeLossNetOfTax`	$9.36M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	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`	$6.69M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.08M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.90M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.18M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-44.09M	USD	3 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.25B	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`	$410.00K	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$490.35M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$155.81M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-93.00K	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$522.59M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$135.71M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$3.20M	USD	3 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$352.00K	USD	1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-676.00K	USD	3 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-15.00K	USD	1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-3.00K	USD	3 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-573.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$-56.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$540.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.08M	USD	1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$1.22M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.90M	USD	3 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax`	$-64.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.18M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-44.09M	USD	3 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $(93), $352, $410, and $3,198	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.18M	USD	1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $(93), $352, $410, and $3,198	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-10.97M	USD	3 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $(93), $352, $410, and $3,198	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.40M	USD	3 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $(93), $352, $410, and $3,198	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$324.00K	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(15), $(573), $(3), and $(676)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.73M	USD	3 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $(15), $(573), $(3), and $(676)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(15), $(573), $(3), and $(676)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00K	USD	3 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $(15), $(573), $(3), and $(676)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.61M	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(64), $56, $(540), and $(1,224)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.22M	USD	3 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(64), $56, $(540), and $(1,224)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-191.00K	USD	1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(64), $56, $(540), and $(1,224)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.86M	USD	3 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(64), $56, $(540), and $(1,224)	`OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$222.00K	USD	1 Quarter
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$-27.94M	USD	1 Quarter
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$-49.11M	USD	3 Qtrs
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$-8.53M	USD	1 Quarter
Total other comprehensive (loss) income, net	`OtherComprehensiveIncomeLossNetOfTax`	$9.36M	USD	3 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$473.47M	USD	3 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$127.87M	USD	1 Quarter
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$499.71M	USD	3 Qtrs
Consolidated comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$127.18M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-148.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$167.00K	USD	3 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.94M	USD	3 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.28M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$128.02M	USD	1 Quarter
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$492.77M	USD	3 Qtrs
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$473.31M	USD	3 Qtrs
Comprehensive income attributable to Mueller Industries, Inc.	`ComprehensiveIncomeNetOfTax`	$123.90M	USD	1 Quarter

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