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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 768,625 $ 134,785
Short-term investments 571,741 42,500
Receivables, net 1,709,493 1,526,619
Inventories 1,913,020 2,282,328
Prepaid expenses 369,432 415,546
Other current assets 31,343 27,679
Total current assets 5,363,654 4,429,457
Property, plant and equipment, net 4,591,229 4,698,917
Right of use operating lease assets 323,138 323,003
Goodwill 2,650,831 2,570,027
Tradenames 727,268 702,732
Other intangible assets subject to amortization, net 224,339 226,147
Deferred income taxes and other non-current assets 447,292 436,397
Total assets 14,327,751 13,386,680
Current liabilities:    
Short-term debt and current portion of long-term debt 377,255 1,051,498
Accounts payable and accrued expenses 1,895,951 1,559,140
Current operating lease liabilities 98,042 101,945
Total current liabilities 2,371,248 2,712,583
Deferred income taxes 493,668 473,886
Long-term debt, less current portion 2,356,887 1,518,388
Non-current operating lease liabilities 234,726 228,155
Other long-term liabilities 330,064 327,220
Total liabilities 5,786,593 5,260,232
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred stock, $.01 par value; 60 shares authorized; no shares issued 0 0
Common stock, $.01 par value; 150,000 shares authorized; 77,624 and 78,980 shares issued in 2020 and 2019, respectively 776 790
Additional paid-in capital 1,885,142 1,868,250
Retained earnings 7,559,191 7,232,337
Accumulated other comprehensive loss (695,145) (765,824)
Shareholder's equity before treasury stock 8,749,964 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 8,534,316 8,119,841
Nonredeemable noncontrolling interests 6,842 6,607
Total stockholders’ equity 8,541,158 8,126,448
Total liabilities and shareholders' equity $ 14,327,751 $ 13,386,680