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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 134,785 $ 119,050
Receivables, net 1,526,619 1,606,159
Inventories 2,282,328 2,287,615
Prepaid expenses 415,546 421,553
Other current assets 70,179 74,919
Total current assets 4,429,457 4,509,296
Property, plant and equipment, net 4,698,917 4,699,902
Right of use operating lease assets 323,003  
Goodwill 2,570,027 2,520,966
Tradenames 702,732 707,380
Other intangible assets, net 226,147 254,430
Deferred income taxes and other non-current assets 436,397 407,149
Total assets 13,386,680 13,099,123
Current liabilities:    
Current portion of long-term debt 1,051,498 1,742,373
Accounts payable and accrued expenses 1,559,140 1,523,866
Current operating lease liabilities 101,945  
Total current liabilities 2,712,583 3,266,239
Deferred income taxes 473,886 413,740
Long-term debt, less current portion 1,518,388 1,515,601
Non-current operating lease liabilities 228,155  
Other long-term liabilities 327,220 463,484
Total liabilities 5,260,232 5,659,064
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Preferred stock, $.01 par value; 60 shares authorized; no shares issued 0 0
Common stock, $.01 par value; 150,000 shares authorized; 78,980 and 79,656 shares issued in 2019 and 2018, respectively 790 797
Additional paid-in capital 1,868,250 1,852,173
Retained earnings 7,232,337 6,588,197
Accumulated other comprehensive loss (765,824) (791,608)
Shareholder's equity before treasury stock 8,335,553 7,649,559
Less: treasury stock at cost; 7,348 and 7,349 shares in 2019 and 2018, respectively 215,712 215,745
Total Mohawk Industries, Inc. stockholders’ equity 8,119,841 7,433,814
Noncontrolling interest 6,607 6,245
Total stockholders’ equity 8,126,448 7,440,059
Total liabilities and shareholders' equity $ 13,386,680 $ 13,099,123