XML 38 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Apr. 04, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 107,041us-gaap_CashAndCashEquivalentsAtCarryingValue $ 97,877us-gaap_CashAndCashEquivalentsAtCarryingValue
Receivables, net 1,158,858us-gaap_ReceivablesNetCurrent 1,081,963us-gaap_ReceivablesNetCurrent
Inventories 1,505,632us-gaap_InventoryNet 1,543,313us-gaap_InventoryNet
Prepaid expenses 247,494us-gaap_PrepaidExpenseCurrent 225,759us-gaap_PrepaidExpenseCurrent
Deferred income taxes 147,027us-gaap_DeferredTaxAssetsNetCurrent 151,784us-gaap_DeferredTaxAssetsNetCurrent
Other current assets 37,767us-gaap_OtherAssetsCurrent 31,574us-gaap_OtherAssetsCurrent
Total current assets 3,203,819us-gaap_AssetsCurrent 3,132,270us-gaap_AssetsCurrent
Property, plant and equipment 5,057,081us-gaap_PropertyPlantAndEquipmentGross 5,130,213us-gaap_PropertyPlantAndEquipmentGross
Less: accumulated depreciation 2,438,448us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment 2,427,003us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Property, plant and equipment, net 2,618,633us-gaap_PropertyPlantAndEquipmentNet 2,703,210us-gaap_PropertyPlantAndEquipmentNet
Goodwill 1,553,155us-gaap_Goodwill 1,604,352us-gaap_Goodwill
Tradenames 592,038us-gaap_IndefiniteLivedTradeNames 622,691us-gaap_IndefiniteLivedTradeNames
Other intangible assets subject to amortization, net 69,808us-gaap_FiniteLivedIntangibleAssetsNet 79,318us-gaap_FiniteLivedIntangibleAssetsNet
Deferred income taxes and other non-current assets 247,169us-gaap_OtherAssetsNoncurrent 143,703us-gaap_OtherAssetsNoncurrent
Total assets 8,284,622us-gaap_Assets 8,285,544us-gaap_Assets
Current liabilities:    
Current portion of long-term debt and commercial paper 1,806,175us-gaap_LongTermDebtCurrent 851,305us-gaap_LongTermDebtCurrent
Accounts payable and accrued expenses 1,085,805us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 1,104,509us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Total current liabilities 2,891,980us-gaap_LiabilitiesCurrent 1,955,814us-gaap_LiabilitiesCurrent
Deferred income taxes 394,312us-gaap_DeferredTaxLiabilitiesNoncurrent 401,674us-gaap_DeferredTaxLiabilitiesNoncurrent
Long-term debt, less current portion 606,080us-gaap_LongTermDebtNoncurrent 1,402,135us-gaap_LongTermDebtNoncurrent
Other long-term liabilities 168,455us-gaap_OtherLiabilitiesNoncurrent 103,108us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 4,060,827us-gaap_Liabilities 3,862,731us-gaap_Liabilities
Commitments and contingencies (Notes 7 and 13)      
Stockholders' equity:    
Preferred stock, $.01 par value; 60 shares authorized; no shares issued 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $.01 par value; 150,000 shares authorized; 81,247 and 81,070 shares issued in 2015 and 2014, respectively 812us-gaap_CommonStockValue 811us-gaap_CommonStockValue
Additional paid-in capital 1,604,149us-gaap_AdditionalPaidInCapitalCommonStock 1,598,887us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 3,509,814us-gaap_RetainedEarningsAccumulatedDeficit 3,487,079us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive (loss) (655,394)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (429,321)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Stockholders' Equity before Treasury Stock 4,459,381us-gaap_StockholdersEquityBeforeTreasuryStock 4,657,456us-gaap_StockholdersEquityBeforeTreasuryStock
Less treasury stock at cost; 8,157 shares in 2015 and 2014 239,450us-gaap_TreasuryStockValue 239,450us-gaap_TreasuryStockValue
Total Mohawk Industries, Inc. stockholders' equity 4,219,931us-gaap_StockholdersEquity 4,418,006us-gaap_StockholdersEquity
Noncontrolling interest 3,864us-gaap_MinorityInterest 4,807us-gaap_MinorityInterest
Total stockholders' equity 4,223,795us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 4,422,813us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and shareholders' equity $ 8,284,622us-gaap_LiabilitiesAndStockholdersEquity $ 8,285,544us-gaap_LiabilitiesAndStockholdersEquity