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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Cash flows from operating activities    
Consolidated net income $ 158,269 $ 66,927
Reconciliation of consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 24,583 23,713
Stock-based compensation expense 4,560 3,042
Insurance settlements (106,332) (1,500)
Insurance proceeds - noncapital related 32,395 14,250
Gain on sale of plastics fittings manufacturing assets (39,765) 0
(Gain) loss on disposal of properties (3,316) 175
Impairment charge 4,304 0
Deferred income taxes 14,152 2,319
Income tax benefit from exercise of stock options (670) (517)
Changes in assets and liabilities, net of business acquired:    
Receivables (38,370) (15,779)
Inventories (4,566) 585
Other assets 4,886 (8,434)
Current liabilities 19,649 (21,120)
Other liabilities (297) 7,834
Other, net 508 1,271
Net cash provided by operating activities 69,990 72,766
Cash flows from investing activities    
Capital expenditures (33,402) (43,841)
Acquisition of business 0 (11,503)
Insurance proceeds for property and equipment 29,910 42,250
Net (deposits into) withdrawals from restricted cash balances (2,473) 6,908
Proceeds from the sales of assets 64,966 502
Net provided by (used in) investing activities 59,001 (5,684)
Cash flows from financing activities    
Dividends paid to stockholders of Mueller Industries, Inc. (10,449) (11,415)
Debt issuance cost (50) 0
Issuance of long-term debt 0 200,000
Issuance (repayment) of debt by joint venture, net 4,940 (28,955)
Net cash used to settle stock-based awards (337) (740)
Repurchase of common stock 0 (427,448)
Repayments of long-term debt (750) (148,926)
Income tax benefit from exercise of stock options 670 517
Net cash used in financing activities (5,976) (416,967)
Effect of exchange rate changes on cash 228 1,478
Increase (decrease) in cash and cash equivalents 123,243 (348,407)
Cash and cash equivalents at the beginning of the period 198,934 514,162
Cash and cash equivalents at the end of the period $ 322,177 $ 165,755