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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 27, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 737,712 $ 134,785
Receivables, net 1,586,398 1,526,619
Inventories 1,922,048 2,282,328
Prepaid expenses 399,967 415,546
Other current assets 99,873 70,179
Total current assets 4,745,998 4,429,457
Property, plant and equipment 8,405,227 8,496,008
Less: accumulated depreciation 3,970,683 3,797,091
Property, plant and equipment, net 4,434,544 4,698,917
Right of use operating lease assets 318,047 323,003
Goodwill 2,541,906 2,570,027
Tradenames 689,224 702,732
Other intangible assets subject to amortization, net 221,614 226,147
Deferred income taxes and other non-current assets 418,071 436,397
Total assets 13,369,404 13,386,680
Current liabilities:    
Short-term debt and current portion of long-term debt 135,350 1,051,498
Accounts payable and accrued expenses 1,618,584 1,559,140
Current operating lease liabilities 118,296 101,945
Total current liabilities 1,872,230 2,712,583
Deferred income taxes 434,264 473,886
Long-term debt, less current portion 2,573,155 1,518,388
Non-current operating lease liabilities 226,555 228,155
Other long-term liabilities 338,336 327,220
Total liabilities 5,444,540 5,260,232
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $.01 par value; 60 shares authorized; no shares issued 0 0
Common stock, $.01 par value; 150,000 shares authorized; 78,541 and 78,980 shares issued in 2020 and 2019, respectively 785 790
Additional paid-in capital 1,874,623 1,868,250
Retained earnings 7,225,828 7,232,337
Accumulated other comprehensive loss (966,776) (765,824)
Stockholders' equity before treasury stock 8,134,460 8,335,553
Less: treasury stock at cost; 7,346 and 7,348 shares in 2020 and 2019, respectively 215,648 215,712
Total Mohawk Industries, Inc. stockholders’ equity 7,918,812 8,119,841
Nonredeemable noncontrolling interest 6,052 6,607
Total stockholders’ equity 7,924,864 8,126,448
Total liabilities and stockholders' equity $ 13,369,404 $ 13,386,680