Mohawk Industries, Inc. (MHK) financial statements (2020 and earlier)

Company profile

Business Address 160 S INDUSTRIAL BLVD
CALHOUN, GA 30701
State of Incorp. DE
Fiscal Year End December 31
SIC 2273 - Carpets and Rugs (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments135119851228298
Cash and cash equivalents135119851228298
Receivables1,5271,6061,5581,3761,2581,082
Inventory, net of allowances, customer advances and progress billings2,2822,2881,9491,6761,6071,543
Inventory2,2822,2881,9491,6761,6071,543
Prepaid expense416422377268259226
Other current assets7075104304532
Other undisclosed current assets     152
Total current assets:4,4294,5094,0733,4723,2503,132
Noncurrent Assets
Operating lease, right-of-use asset323
Property, plant and equipment4,6994,7004,2713,3703,1472,703
Intangible assets, net (including goodwill)3,4993,4833,3633,1093,2302,306
Goodwill2,5702,5212,4712,2742,2931,604
Intangible assets, net (excluding goodwill)929962892835937702
Other noncurrent assets436407388280315144
Other undisclosed noncurrent assets    (1,252)(846)
Total noncurrent assets:8,9578,5908,0226,7595,4404,308
Other undisclosed assets    1,252846
TOTAL ASSETS:13,38713,09912,09510,2319,9428,286
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,5591,5241,4521,3361,2561,105
Accounts payable825812810729697622
Accrued liabilities510478403380329299
Employee-related liabilities193198207193181139
Interest and dividends payable212222203528
Other undisclosed accounts payable and accrued liabilities10159121416
Debt1,1531,7421,2041,3832,003851
Deferred tax liabilities    9
Other undisclosed current liabilities     (9)
Total current liabilities:2,7133,2662,6552,7183,2591,956
Noncurrent Liabilities
Long-term debt and lease obligation1,7471,5161,5601,1291,1971,402
Long-term debt, excluding current maturities1,5181,5161,5601,1291,1971,402
Operating lease, liability228
Liabilities, other than long-term debt801463455215604508
Deferred tax liabilities, net   388402
Deferred income tax liabilities474
Liability, pension and other postretirement and postemployment benefits     3
Other liabilities327463455215215103
Other undisclosed noncurrent liabilities 414328361 (3)
Total noncurrent liabilities:2,5482,3932,3431,7051,8011,907
Total liabilities:5,2605,6594,9984,4235,0603,863
Temporary equity, carrying amount  292422 
Stockholders' equity
Stockholders' equity attributable to parent8,1207,4347,0595,7764,8544,418
Common stock111111
Treasury stock, value(216)(216)(216)(216)(216)(239)
Additional paid in capital1,8681,8521,8281,7921,7601,599
Accumulated other comprehensive loss(766)(792)(559)(833)(794)(429)
Retained earnings7,2326,5886,0055,0334,1033,487
Stockholders' equity attributable to noncontrolling interest768775
Total stockholders' equity:8,1267,4407,0675,7834,8614,423
TOTAL LIABILITIES AND EQUITY:13,38713,09912,09510,2319,9428,286

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues9,9719,9849,4918,9598,072(116)
Revenue, net9,4918,9598,0727,803
Cost of revenue
(Cost of Goods and Services Sold)
(7,295)(7,146)(6,495)(6,146)(5,661)(5,649)
Other undisclosed gross profit     7,920
Gross profit:2,6762,8382,9962,8132,4112,154
Operating expenses(1,849)(1,743)(1,642)(1,533)(1,573)(1,425)
Other undisclosed operating income     43
Operating income:8271,0951,3541,280838773
Nonoperating income (expense)(36)(7)(5)2(18)(23)
Investment income, nonoperating     (12)
Foreign currency transaction gain (loss), before tax7(10)(8)(1)  
Other nonoperating income (expense)16788(18)(11)
Interest and debt expense(41)(39)(31)(41)(71)(118)
Income from continuing operations before equity method investments, income taxes:7501,0491,3181,241749632
Other undisclosed income from continuing operations before income taxes     32
Income from continuing operations before income taxes:7501,0491,3181,241749664
Income tax expense(5)(184)(343)(308)(132)(132)
Net income:745865975934617532
Net loss attributable to noncontrolling interest(0)(3)  (2)(0)
Other undisclosed net loss attributable to parent  (3)(3)  
Net income attributable to parent:744862972930615532
Preferred stock dividends and other adjustments (4)(0)(0)  
Other undisclosed net loss available to common stockholders, basic    (0) 
Net income available to common stockholders, diluted:744858972930615532

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:745865975934617532
Other comprehensive income26     
Other undisclosed comprehensive income (loss) (236)279(39)(364)(608)
Comprehensive income (loss):7706291,253894253(76)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)0(7)(3)(2)(0)
Comprehensive income (loss), net of tax, attributable to parent:7706291,246891251(76)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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