Mueller Industries, Inc. (MLI) financial statements (2021 and earlier)

Company profile

Business Address SUITE 100
COLLIERVILLE, TN 38017
State of Incorp. DE
Fiscal Year End December 31
SIC 335 - Rolling, Drawing, And Extruding Of Nonferrous (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
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9873120351275352312
Cash and cash equivalents9873120351275352312
Receivables270273245256252275272
Inventory, net of allowances, customer advances and progress billings292330328242239257252
Inventory292330328242239257252
Prepaid expense and other current assets31
Assets held-for-sale16
Other current assets342746453557 
Other undisclosed current assets      (8)
Total current assets:694703739894800941875
Noncurrent Assets
Operating lease, right-of-use asset27
Property, plant and equipment363371304295280246244
Long-term investments and receivables4858767766  
Long-term investments4858767766  
Intangible assets, net (including goodwill)21321217216016112194
Goodwill15315013012412010394
Intangible assets, net (excluding goodwill)606242364118 
Other noncurrent assets252628213138 
Prepaid expense and other noncurrent assets34
Other undisclosed noncurrent assets     (18) 
Total noncurrent assets:677667581553538387373
TOTAL ASSETS:1,3711,3701,3201,4471,3391,3281,248
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities127142136138124142125
Accounts payable861041031038810181
Employee-related liabilities42393435364237
Taxes payable      7
Debt871614123629
Other liabilities94839067746072
Other undisclosed current liabilities5     (7)
Total current liabilities:234233242219209238219
Noncurrent Liabilities
Long-term debt and lease obligation401490449214204205206
Long-term debt, excluding current maturities379490449214204205206
Operating lease, liability22
Liabilities, other than long-term debt73525762486870
Pension and other postretirement defined benefit plans, liabilities11
Deferred tax liabilities, net  2072536
Deferred income tax liabilities21
Liability, pension and other postretirement and postemployment benefits221412151720
Accrued environmental loss contingencies20202421212222
Other liabilities1018216211
Other undisclosed noncurrent liabilities 313716172117
Total noncurrent liabilities:475573542292270295293
Total liabilities:709806784511479533512
Stockholders' equity
Stockholders' equity attributable to parent643548522899827762703
Common stock1111110
Treasury stock, value(470)(474)(446)(450)(453)(457)(462)
Additional paid in capital279277275273271269267
Accumulated other comprehensive loss(69)(80)(51)(67)(55)(43)(11)
Retained earnings9038257441,1421,064993908
Stockholders' equity attributable to noncontrolling interest19151438323332
Total stockholders' equity:662563536936860795736
TOTAL LIABILITIES AND EQUITY:1,3711,3701,3201,4471,3391,3281,248

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues2,4312,5082,2662,0562,1002,3642,159
Revenue, net2,2662,0562,1002,3642,159
Cost of revenue
(Cost of Goods and Services Sold)
(2,036)(2,150)(1,941)(1,723)(1,810)(2,044)(1,862)
Gross profit:395357325332290321296
Operating expenses(161)(145)(140)(144)(134)(172)(65)
Other undisclosed operating income (loss)(43)(40)(34)(35)(19)540
Operating income:191173152153137154271
Nonoperating income2421205
Investment income, nonoperating     11
Foreign currency transaction gain (loss), before tax     0(0)
Other nonoperating income (expense)24212(0)4
Interest and debt expense(26)(25)(20)(7)(8)(6)(4)
Other undisclosed loss from continuing operations before equity method investments, income taxes(1)(1)(7)  (1)(1)
Income from continuing operations before equity method investments, income taxes:166150127146132148271
Income (loss) from equity method investments(25)(13)(2)2   
Other undisclosed income (loss) from continuing operations before income taxes25132(2)   
Income from continuing operations before income taxes:166150127146132148271
Income tax expense(35)(31)(38)(48)(43)(45)(98)
Income before gain (loss) on sale of properties:131119899888103173
Other undisclosed net income (loss)(25)(13)(2)2   
Net income:1061078710088103173
Net loss attributable to noncontrolling interest(5)(2)(1)(0)(1)(1)(1)
Net income available to common stockholders, diluted:1011048610088102173

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:1061078710088103173
Other comprehensive income (loss)10(30)17(15)(13)(32)33
Comprehensive income:11777104857570206
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(5)(2)(3)31(1)1
Other undisclosed comprehensive loss, net of tax, attributable to parent      (3)
Comprehensive income, net of tax, attributable to parent:11275101887669204

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: