XML 24 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 666.6 $ 642.6
Receivables, net 1,804.2 1,874.7
Inventories 2,513.6 2,551.9
Prepaid expenses 490.2 515.8
Other current assets 22.3 19.3
Total current assets 5,496.9 5,604.3
Property, plant and equipment, net 4,579.9 4,993.2
Right of use operating lease assets 374.0 428.5
Goodwill 1,112.1 1,159.7
Tradenames 657.8 705.7
Other intangible assets subject to amortization, net 134.1 169.6
Deferred income taxes and other non-current assets 423.8 498.8
Total assets 12,778.6 13,559.8
Current liabilities:    
Short-term debt and current portion of long-term debt 559.4 1,001.7
Accounts payable and accrued expenses 2,004.4 2,035.3
Current operating lease liabilities 108.5 108.9
Total current liabilities 2,672.3 3,145.9
Deferred income taxes 255.2 391.5
Long-term debt, less current portion 1,677.4 1,701.8
Non-current operating lease liabilities 283.0 337.5
Other long-term liabilities 333.8 354.0
Total liabilities 5,221.7 5,930.7
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Preferred stock, $.01 par value; 60,000 shares authorized; no shares issued 0.0 0.0
Common stock, $.01 par value; 150.0 shares authorized; 69.9 and 71.0 shares issued in 2024 and 2023, respectively 0.7 0.7
Additional paid-in capital 1,968.8 1,947.5
Retained earnings 7,325.1 6,970.2
Accumulated other comprehensive income (loss) (1,527.9) (1,080.0)
Shareholder's equity before treasury stock 7,766.7 7,838.4
Less: treasury stock at cost; 7.3 and 7.3 shares in 2024 and 2023, respectively 215.3 215.3
Total Mohawk Industries, Inc. stockholders’ equity 7,551.4 7,623.1
Noncontrolling interests 5.5 6.0
Total stockholders’ equity 7,556.9 7,629.1
Total liabilities and stockholders' equity $ 12,778.6 $ 13,559.8