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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 546.7 $ 666.6
Receivables, net 2,254.8 1,804.2
Inventories 2,709.9 2,513.6
Prepaid expenses 534.8 490.2
Other current assets 18.7 22.3
Total current assets 6,064.9 5,496.9
Property, plant and equipment 10,797.4 10,133.5
Less: accumulated depreciation 6,019.4 5,553.6
Property, plant and equipment, net 4,778.0 4,579.9
Right of use operating lease assets 409.9 374.0
Goodwill 1,201.1 1,112.1
Tradenames 712.5 657.8
Other intangible assets subject to amortization, net 131.0 134.1
Deferred income taxes and other non-current assets 481.4 423.8
Total assets 13,778.8 12,778.6
Current liabilities:    
Short-term debt and current portion of long-term debt 458.8 559.4
Accounts payable and accrued expenses 2,278.2 2,004.4
Current operating lease liabilities 116.2 108.5
Total current liabilities 2,853.2 2,672.3
Deferred income taxes 239.5 255.2
Long-term debt, less current portion 1,742.2 1,677.4
Non-current operating lease liabilities 311.9 283.0
Other long-term liabilities 334.4 333.8
Total liabilities 5,481.2 5,221.7
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; 69.5 and 69.9 shares issued 2025 and 2024, respectively 0.7 0.7
Additional paid-in capital 1,978.1 1,968.8
Retained earnings 7,476.1 7,325.1
Accumulated other comprehensive income (loss) (947.6) (1,527.9)
Stockholders' equity before treasury stock 8,507.3 7,766.7
Less: treasury stock at cost; 7.3 shares in 2025 and 2024 215.2 215.3
Total Mohawk Industries, Inc. stockholders’ equity 8,292.1 7,551.4
Noncontrolling interests 5.5 5.5
Total stockholders’ equity 8,297.6 7,556.9
Total liabilities and stockholders’ equity $ 13,778.8 $ 12,778.6