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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 658.5 $ 642.6
Receivables, net 2,007.2 1,874.7
Inventories 2,527.7 2,551.9
Prepaid expenses 512.5 515.8
Other current assets 15.8 19.3
Total current assets 5,721.7 5,604.3
Property, plant and equipment 10,355.1 10,392.3
Less: accumulated depreciation 5,470.0 5,399.1
Property, plant and equipment, net 4,885.1 4,993.2
Right of use operating lease assets 413.6 428.5
Goodwill 1,140.2 1,159.7
Tradenames 694.2 705.7
Other intangible assets subject to amortization, net 159.6 169.6
Deferred income taxes and other non-current assets 517.1 498.8
Total assets 13,531.5 13,559.8
Current liabilities:    
Short-term debt and current portion of long-term debt 931.5 1,001.7
Accounts payable and accrued expenses 2,079.3 2,035.3
Current operating lease liabilities 109.3 108.9
Total current liabilities 3,120.1 3,145.9
Deferred income taxes 385.8 391.5
Long-term debt, less current portion 1,694.5 1,701.8
Non-current operating lease liabilities 321.8 337.5
Other long-term liabilities 361.5 354.0
Total liabilities 5,883.7 5,930.7
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred stock, $.01 par value; 60,000 shares authorized; no shares issued 0.0 0.0
Common stock, $.01 par value; 150.0 shares authorized; 71.2 and 71.0 shares issued and outstanding in 2024 and 2023, respectively 0.7 0.7
Additional paid-in capital 1,949.1 1,947.5
Retained earnings 7,075.2 6,970.2
Accumulated other comprehensive income (loss) (1,167.8) (1,080.0)
Stockholders' equity before treasury stock 7,857.2 7,838.4
Less: treasury stock at cost; 7.3 shares in 2024 and 2023 215.3 215.4
Total Mohawk Industries, Inc. stockholders’ equity 7,641.9 7,623.0
Noncontrolling interests 5.9 6.1
Total stockholders’ equity 7,647.8 7,629.1
Total liabilities and stockholders’ equity $ 13,531.5 $ 13,559.8