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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net earnings (loss) including noncontrolling interests $ 517.8 $ (439.4) $ 25.8
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Restructuring, excluding accelerated depreciation 60.0 82.7 47.7
Impairment of goodwill and indefinite-lived intangibles 8.2 877.7 695.8
Depreciation and amortization 638.3 630.3 595.5
Deferred income taxes (58.2) (109.9) (51.1)
(Gain) and loss on disposal of property, plant and equipment 13.8 (0.1) 0.7
Stock-based compensation expense 27.5 20.9 22.4
Changes in operating assets and liabilities, net of effects of acquisitions:      
Receivables, net (49.2) 150.6 (84.4)
Inventories (79.1) 281.3 (409.6)
Accounts payable and accrued expenses 43.8 (194.0) (94.1)
Other assets and prepaid expenses 56.8 (14.4) (49.6)
Other liabilities (45.8) 43.5 (29.9)
Net cash provided by operating activities 1,133.9 1,329.2 669.2
Cash flows from investing activities:      
Additions to property, plant and equipment (454.4) (612.9) (580.7)
Acquisitions, net of cash acquired 0.0 (515.4) (209.6)
Purchases of short-term investments 0.0 (775.0) (2,481.0)
Redemption of short-term investments 0.0 933.0 2,646.0
Net cash used in investing activities (454.4) (970.3) (625.3)
Cash flows from financing activities:      
Payments on Senior Credit Facility (353.4) (1,015.2) (5.0)
Proceeds from Senior Credit Facility 287.5 1,073.4 5.0
Payments on commercial paper (10,156.1) (16,402.4) (19,412.9)
Proceeds from commercial paper 10,693.4 15,578.8 19,633.1
Proceeds from Senior Notes issuance 0.0 600.0 0.0
Repayments on Senior Notes 0.0 0.0 (600.0)
Proceeds from Term Loan Facility 0.0 0.0 908.0
Payments on Term Loan Facility (912.3) 0.0 0.0
Net payments of other financing activities (24.2) (39.0) (23.5)
Debt issuance costs 0.0 (5.6) (2.5)
Purchase of Mohawk common stock (162.8) 0.0 (307.6)
Change in outstanding checks in excess of cash (1.6) (0.6) (0.3)
Net cash provided by (used in) financing activities (629.5) (210.6) 194.3
Effect of exchange rate changes on cash and cash equivalents (26.0) (15.3) 2.5
Net change in cash and cash equivalents 24.0 133.0 240.7
Cash and cash equivalents, beginning of year 642.6 509.6 268.9
Cash and cash equivalents, end of year $ 666.6 $ 642.6 $ 509.6