Mohawk Industries (MHK) 10-Q28 Apr 232023 Q1 Quarterly reportFinancial data

Company Profile

COVER PAGE

COVER PAGE - shares	3 Months Ended
COVER PAGE - shares	Apr. 01, 2023	Apr. 26, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 01, 2023
Document Transition Report	false
Entity File Number	01-13697
Entity Registrant Name	MOHAWK INDUSTRIES, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	52-1604305
Entity Address, Address Line One	160 S. Industrial Blvd.
Entity Address, City or Town	Calhoun
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30701
City Area Code	706
Local Phone Number	629-7721
Title of 12(b) Security	Common Stock, $.01 par value
Trading Symbol	MHK
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		63,679,590
Entity Central Index Key	0000851968
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 01, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 572,858	$ 509,623
Short-term investments	150,000	158,000
Receivables, net	2,052,362	1,904,786
Inventories	2,729,876	2,793,765
Prepaid expenses	534,144	498,222
Other current assets	21,899	30,703
Total current assets	6,061,139	5,895,099
Property, plant and equipment	10,092,799	9,647,779
Less: accumulated depreciation	5,146,847	4,986,601
Property, plant and equipment, net	4,945,952	4,661,178
Right of use operating lease assets	396,064	387,816
Goodwill	2,022,457	1,927,759
Tradenames	707,528	668,328
Other intangible assets subject to amortization, net	185,536	189,620
Deferred income taxes and other non-current assets	444,781	390,632
Total assets	14,763,457	14,120,432
Current liabilities:
Short-term debt and current portion of long-term debt	1,056,473	840,571
Accounts payable and accrued expenses	2,155,412	2,124,448
Current operating lease liabilities	106,488	105,266
Total current liabilities	3,318,373	3,070,285
Deferred income taxes	428,750	444,660
Long-term debt, less current portion	2,265,138	1,978,563
Non-current operating lease liabilities	304,123	296,136
Other long-term liabilities	341,367	312,874
Total liabilities	6,657,751	6,102,518
Commitments and contingencies (Note 17)
Stockholders’ equity:
Preferred stock, $.01 par value; 60 shares authorized; no shares issued	0	0
Common stock, $.01 par value; 150,000 shares authorized; 71,017 and 70,875 shares issued and outstanding in 2023 and 2022, respectively	710	709
Additional paid-in capital	1,931,987	1,930,789
Retained earnings	7,489,998	7,409,760
Accumulated other comprehensive loss	(1,107,825)	(1,114,258)
Less: treasury stock at cost; 7,338 and 7,341 shares in 2023 and 2022, respectively	215,397	215,491
Total Mohawk Industries, Inc. stockholders’ equity	8,099,473	8,011,509
Nonredeemable noncontrolling interests	6,233	6,405
Total stockholders’ equity	8,105,706	8,017,914
Total liabilities and stockholders’ equity	$ 14,763,457	$ 14,120,432

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Apr. 01, 2023	Dec. 31, 2022
Stockholders’ equity:
Preferred stock, par value (in usd per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	60,000	60,000
Preferred stock, issued (in shares)	0	0
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	150,000,000	150,000,000
Common stock, shares issued (in shares)	71,017,000	70,875,000
Common stock, shares outstanding (in shares)	71,017,000	70,875,000
Treasury stock, shares (in shares)	7,338,000	7,341,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Income Statement [Abstract]
Net sales	$ 2,806,223	$ 3,015,663
Cost of sales	2,162,781	2,213,535
Gross profit	643,442	802,128
Selling, general and administrative expenses	517,652	481,327
Operating income	125,790	320,801
Interest expense	17,137	11,481
Other (income) expense, net	(566)	2,438
Earnings before income taxes	109,219	306,882
Income tax expense	28,943	61,448
Net earnings including noncontrolling interests	80,276	245,434
Less: net earnings attributable to noncontrolling interests	38	105
Net earnings attributable to Mohawk Industries, Inc.	$ 80,238	$ 245,329
Basic earnings per share attributable to Mohawk Industries, Inc. (in usd per share)	$ 1.26	$ 3.79
Weighted-average common shares outstanding-basic (in shares)	63,582	64,686
Diluted earnings per share attributable to Mohawk Industries, Inc. (in usd per share)	$ 1.26	$ 3.78
Weighted-average common shares outstanding-diluted (in shares)	63,846	64,970

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Statement of Comprehensive Income [Abstract]
Net earnings including noncontrolling interests	$ 80,276	$ 245,434
Other comprehensive income (loss):
Foreign currency translation adjustments	6,872	(82,447)
Prior pension and post-retirement benefit service cost and actuarial gain, net of tax	(496)	537
Other comprehensive income (loss)	6,376	(81,910)
Comprehensive income (loss)	86,652	163,524
Comprehensive income (loss)	(19)	(158)
Comprehensive income (loss) attributable to Mohawk Industries, Inc.	$ 86,671	$ 163,682

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Cash flows from operating activities:
Net earnings including noncontrolling interests	$ 80,276	$ 245,434
Adjustments to reconcile net earnings to net cash provided by operating activities:
Restructuring	6,222	898
Depreciation and amortization	169,909	141,415
Deferred income taxes	(28,698)	13,989
Loss (gain) on disposal of property, plant and equipment	1,154	(365)
Stock-based compensation expense	5,033	5,655
Changes in operating assets and liabilities, net of effects of acquisitions:
Receivables, net	(67,663)	(225,922)
Inventories	113,814	(141,344)
Accounts payable and accrued expenses	(33,089)	39,908
Other assets and prepaid expenses	4,283	(23,259)
Other liabilities	6,035	(1,455)
Net cash provided by operating activities	257,276	54,954
Cash flows from investing activities:
Additions to property, plant and equipment	(128,493)	(129,470)
Acquisitions, net of cash acquired	(519,397)	951
Purchases of short-term investments	(625,000)	(933,000)
Redemption of short-term investments	633,000	946,000
Net cash used in investing activities	(639,890)	(115,519)
Cash flows from financing activities:
Proceeds from Senior Credit Facilities	357,442	0
Payments on commercial paper	(6,876,331)	(2,667,668)
Proceeds from commercial paper	6,989,267	2,990,240
Net payments of other financing activities	(18,287)	(6,516)
Purchase of Mohawk common stock	0	(306,577)
Change in outstanding checks in excess of cash	(1,141)	(522)
Net cash provided by financing activities	450,950	8,957
Effect of exchange rate changes on cash and cash equivalents	(5,101)	13,272
Net change in cash and cash equivalents	63,235	(38,336)
Cash and cash equivalents, beginning of period	509,623	268,895
Cash and cash equivalents, end of period	$ 572,858	$ 230,559

General

General	3 Months Ended
General	Apr. 01, 2023
Accounting Policies [Abstract]
General	General Unless this Form 10-Q indicates otherwise or the context otherwise requires, the terms “we,” “our,” “us,” “Mohawk,” or “the Company” as used in this Form 10-Q refer to Mohawk Industries, Inc. Interim Reporting

Acquisitions

Acquisitions	3 Months Ended
Acquisitions	Apr. 01, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions 2023 Acquisitions During the first quarter of 2023, the Company completed the acquisitions of two ceramic tile businesses in Brazil and Mexico within Global Ceramic for $519,310. The Company’s acquisitions resulted in a goodwill allocation of $86,786. A portion of the goodwill is expected to be deductible for tax purposes. The factors contributing to the recognition of the amount of goodwill are based on several strategic and synergistic benefits that are expected to be realized from the acquisitions. These benefits include opportunities to improve the Company's ceramic performance by leveraging best practices, operational expertise, product innovation and manufacturing assets across the segment. The following table presents the preliminary allocation of the purchase price by major class of assets acquired and liabilities assumed as of the acquisition date. Amounts recognized as of the acquisition date Working capital $ 108,177 Property, plant and equipment 336,137 Tradenames 38,539 Customer relationships 2,010 Goodwill 86,786 Long-term debt, including current portion (26,072) Deferred tax liabilities (19,006) 526,571 Less: cash acquired (7,261) Net consideration transferred (net of cash acquired) $ 519,310 The purchase price allocation is preliminary until the Company obtains information necessary to finalize its valuation of the fair value of net assets acquired during the measurement period. The supplemental pro forma information is immaterial to the Company's financial statements. 2022 Acquisitions During the third and fourth quarters of 2022, the Company completed two acquisitions in Flooring North America (“Flooring NA”) for $164,475. The Company’s acquisitions resulted in a goodwill allocation of $60,738 and intangible assets subject to amortization of $19,900. Approximately half of the goodwill is deductible for tax purposes. During the third and fourth quarters of 2022, the Company also completed three acquisitions in Flooring Rest of the World (“Flooring ROW”) for $47,964, which resulted in a goodwill allocation of $11,542 and intangible assets subject to amortization of $3,376. An immaterial amount of goodwill is deductible for tax purposes.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	3 Months Ended
Revenue from Contracts with Customers	Apr. 01, 2023
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers Contract Liabilities The Company records contract liabilities when it receives payment prior to fulfilling a performance obligation. Contract liabilities related to revenues are recorded in accounts payable and accrued expenses on the accompanying Condensed Consolidated Balance Sheets. The Company had contract liabilities of $68,409 and $72,572 as of April 1, 2023 and December 31, 2022, respectively. Performance Obligations Substantially all of the Company’s revenue is recognized at a point in time when the product is either shipped or received from the Company’s facilities and control of the product is transferred to the customer. Accordingly, the Company does not recognize a significant amount of revenue from performance obligations satisfied, or partially satisfied, in prior periods, and the amount of such revenue recognized during the three months ended April 1, 2023 and April 2, 2022 was immaterial. Costs to Obtain a Contract The Company incurs certain incremental costs to obtain revenue contracts. These costs relate to marketing display structures and are capitalized when the amortization period is greater than one year, with the amount recorded in other assets on the accompanying Condensed Consolidated Balance Sheets. Capitalized costs to obtain contracts were $63,082 and $59,015 as of April 1, 2023 and December 31, 2022, respectively. Straight-line amortization expense recognized during the three months ended April 1, 2023 and April 2, 2022 related to these capitalized costs were $13,099 and $12,340, respectively. Revenue Disaggregation The following table presents the Company’s segment revenues disaggregated by the geographical market location of customer sales and product categories for the three months ended April 1, 2023 and April 2, 2022: April 1, 2023 Global Ceramic Flooring NA Flooring ROW Total Geographical Markets United States $ 596,642 925,808 1,233 1,523,683 Europe 205,441 221 598,659 804,321 Russia 68,028 — 32,939 100,967 Other 189,223 27,388 160,641 377,252 Total $ 1,059,334 953,417 793,472 2,806,223 Product Categories Ceramic & Stone $ 1,050,124 8,617 — 1,058,741 Carpet & Resilient 9,210 750,505 222,031 981,746 Laminate & Wood — 194,295 252,659 446,954 Other (1) — — 318,782 318,782 Total $ 1,059,334 953,417 793,472 2,806,223 April 2, 2022 Global Ceramic Flooring NA Flooring ROW Total Geographical Markets United States $ 585,231 1,035,880 2,786 1,623,897 Europe 245,236 2,132 637,363 884,731 Russia 66,518 23 39,736 106,277 Other 167,772 33,875 199,111 400,758 Total $ 1,064,757 1,071,910 878,996 3,015,663 Product Categories Ceramic & Stone $ 1,059,711 8,988 — 1,068,699 Carpet & Resilient 5,046 843,082 244,128 1,092,256 Laminate & Wood — 219,840 297,137 516,977 Other (1) — — 337,731 337,731 Total $ 1,064,757 1,071,910 878,996 3,015,663 (1) Other includes roofing elements, insulation boards, chipboards and IP contracts.

Restructuring, Acquisition and

Restructuring, Acquisition and Integration-Related Costs	3 Months Ended
Restructuring, Acquisition and Integration-Related Costs	Apr. 01, 2023
Restructuring and Related Activities [Abstract]
Restructuring, Acquisition and Integration-Related Costs	Restructuring, Acquisition and Integration-Related Costs The Company incurs costs in connection with acquiring, integrating and restructuring acquisitions and in connection with its global cost-reduction/productivity initiatives. For example: • In connection with acquisition activity, the Company typically incurs costs associated with executing the transactions, integrating the acquired operations (which may include expenditures for consulting and the integration of systems and processes), and restructuring the combined company (which may include charges related to employees, assets and activities that will not continue in the combined company); and • In connection with the Company’s cost-reduction/productivity initiatives, it typically incurs costs and charges associated with site closings and other facility rationalization actions, including accelerated depreciation (“Asset write-downs”) and workforce reductions. Restructuring, acquisition transaction and integration-related costs consisted of the following during the three months ended April 1, 2023 and April 2, 2022: Three Months Ended April 1, 2023 April 2, 2022 Cost of sales Restructuring costs $ 29,044 898 Acquisition integration-related costs 12 40 Restructuring and acquisition integration-related costs $ 29,056 938 Selling, general and administrative expenses Restructuring costs $ 197 — Acquisition transaction-related costs 375 696 Acquisition integration-related costs 2,496 284 Restructuring, acquisition transaction and integration-related costs $ 3,068 980 The restructuring activity for the three months ended April 1, 2023 is as follows: Asset write- Severance Other Total Balances as of December 31, 2022 $ — 10,037 — 10,037 Restructuring costs Global Ceramic — — — — Flooring NA (514) 50 7,377 6,913 Flooring ROW 21,966 1 361 22,328 Total restructuring costs 21,452 51 7,738 29,241 Cash payments — (2,011) (7,052) (9,063) Non-cash items (21,452) (20) (686) (22,158) Balances as of April 1, 2023 $ — 8,057 — 8,057 Restructuring costs recorded in: Cost of sales $ 21,452 50 7,542 29,044 Selling, general and administrative expenses — 1 196 197 Total restructuring costs $ 21,452 51 7,738 29,241

Fair Value

Fair Value	3 Months Ended
Fair Value	Apr. 01, 2023
Fair Value Disclosures [Abstract]
Fair Value	Fair Value The Company’s wholly-owned captive insurance company may invest in the Company’s commercial paper. These short-term commercial paper investments are classified as trading securities and carried at fair value based upon the Level 2 fair value hierarchy. Items Measured at Fair Value April 1, 2023 December 31, 2022 Short-term investments: Commercial paper (Level 2) $ 150,000 158,000 The fair values and carrying values of the Company’s debt are disclosed in Note 18, Debt

Receivables, net

Receivables, net	3 Months Ended
Receivables, net	Apr. 01, 2023
Receivables [Abstract]
Receivables, net	Receivables, net April 1, 2023 December 31, 2022 Customers, trade $ 1,919,496 1,699,130 Income tax receivable 23,838 60,080 Other 190,876 219,355 Less: allowance for discounts, claims and doubtful accounts 81,848 73,779 Receivables, net $ 2,052,362 1,904,786

Inventories

Inventories	3 Months Ended
Inventories	Apr. 01, 2023
Inventory Disclosure [Abstract]
Inventories	Inventories April 1, 2023 December 31, 2022 Finished goods $ 1,933,428 1,986,005 Work in process 169,030 160,757 Raw materials 627,418 647,003 Total inventories $ 2,729,876 2,793,765

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
Goodwill and Intangible Assets	Apr. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill: Global Ceramic Flooring NA Flooring ROW Total Balance as of December 31, 2022 (1) $ 339,834 591,985 995,940 1,927,759 Goodwill adjustments related to acquisitions — (1,145) — (1,145) Goodwill recognized during the period 86,786 — — 86,786 Currency translation during the period (1,511) — 10,568 9,057 Balance as of April 1, 2023 (1) $ 425,109 590,840 1,006,508 2,022,457 (1) Net of accumulated impairment losses of $2,015,939 ($1,220,444 in Global Ceramic, $343,054 in Flooring NA and $452,441 in Flooring ROW). Intangible assets not subject to amortization: Tradenames Balance as of December 31, 2022 $ 668,328 Intangible assets acquired during the period 38,539 Currency translation during the period 661 Balance as of April 1, 2023 $ 707,528 Intangible assets subject to amortization: Customer Patents Other Total Balance as of December 31, 2022 Gross carrying amount $ 673,586 242,089 8,511 924,186 Accumulated amortization (493,361) (239,010) (2,195) (734,566) Net intangible assets subject to amortization 180,225 3,079 6,316 189,620 Balance as of April 1, 2023 Gross carrying amount 680,715 245,258 8,605 934,578 Accumulated amortization (504,447) (242,296) (2,299) (749,042) Net intangible assets subject to amortization $ 176,268 2,962 6,306 185,536 Three Months Ended April 1, 2023 April 2, 2022 Amortization expense $ 7,169 7,173

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	3 Months Ended
Accounts Payable and Accrued Expenses	Apr. 01, 2023
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	Accounts Payable and Accrued Expenses April 1, 2023 December 31, 2022 Outstanding checks in excess of cash $ 1,653 2,791 Accounts payable, trade 1,211,652 1,094,038 Accrued expenses 657,915 742,099 Product warranties 39,572 38,425 Accrued interest 16,849 8,748 Accrued compensation and benefits 227,771 238,347 Total accounts payable and accrued expenses $ 2,155,412 2,124,448

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
Accumulated Other Comprehensive Income (Loss)	Apr. 01, 2023
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Foreign currency Prior pension and post- Total Balance as of December 31, 2022 $ (1,114,629) 371 (1,114,258) Current period other comprehensive income (loss) 6,929 (496) 6,433 Balance as of April 1, 2023 $ (1,107,700) (125) (1,107,825) The following tables reflect the changes in stockholders’ equity for the three months ended April 1, 2023 and April 2, 2022 (in thousands). Total Stockholders’ Equity Common Stock Additional Retained Accumulated Treasury Stock Nonredeemable Total Shares Amount Shares Amount Balances as of December 31, 2022 70,875 $709 $1,930,789 $7,409,760 ($1,114,258) (7,341) ($215,491) $6,405 $8,017,914 Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards 142 1 (3,888) — — 3 94 — (3,793) Stock-based compensation expense — — 5,033 — — — — — 5,033 Net earnings attributable to noncontrolling interests — — — — — — — 38 38 Currency translation adjustment on noncontrolling interests — — — — — — — (57) (57) Purchase of noncontrolling interest — — 53 — — — — (153) (100) Currency translation adjustment — — — — 6,929 — — — 6,929 Prior pension and post-retirement benefit service cost and actuarial gain — — — — (496) — — — (496) Net earnings — — — 80,238 — — — — 80,238 Balances as of April 1, 2023 71,017 $710 $1,931,987 $7,489,998 ($1,107,825) (7,338) ($215,397) $6,233 $8,105,706 Total Stockholders’ Equity Common Stock Additional Retained Accumulated Treasury Stock Nonredeemable Total Shares Amount Shares Amount Balances as of December 31, 2021 72,952 $729 $1,911,131 $7,692,064 ($966,952) (7,343) ($215,547) $6,791 $8,428,216 Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards 105 1 (3,268) — — 2 52 — (3,215) Stock-based compensation expense — — 5,655 — — — — — 5,655 Repurchases of common stock (2,177) (21) — (306,556) — — — — (306,577) Net earnings attributable to noncontrolling interests — — — — — — — 105 105 Currency translation adjustment on noncontrolling interests — — — — — — — (263) (263) Currency translation adjustment — — — — (82,184) — — — (82,184) Prior pension and post-retirement benefit service cost and actuarial gain — — — — 537 — — — 537 Net earnings — — — 245,329 — — — — 245,329 Balances as of April 2, 2022 70,880 $709 $1,913,518 $7,630,837 ($1,048,599) (7,341) ($215,495) $6,633 $8,287,603

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
Stock-Based Compensation	Apr. 01, 2023
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company recognizes compensation expense for all share-based payments granted based on the grant-date fair value estimated in accordance with the provisions of ASC 718-10. Compensation expense is recognized on a straight-line basis over the awards’ estimated lives for fixed awards with ratable vesting provisions. The Company granted 231 restricted stock units (“RSUs”) at a weighted average grant-date fair value of $103.02 per unit for the three months ended April 1, 2023. The Company granted 189 RSUs at a weighted average grant-date fair value of $137.99 per unit for the three months ended April 2, 2022. The Company recognized stock-based compensation expense related to the issuance of RSUs of $5,033 ($3,724 net of taxes) and $5,655 ($4,184 net of taxes) for the three months ended April 1, 2023 and April 2, 2022, respectively, which has been allocated to cost of sales and selling, general and administrative expenses. Pre-tax unrecognized compensation expense for unvested RSUs granted to employees, net of estimated forfeitures, was $31,830 as of April 1, 2023, and will be recognized as expense over a weighted-average period of approximately 2.16 years.

Other (Income) Expense, net

Other (Income) Expense, net	3 Months Ended
Other (Income) Expense, net	Apr. 01, 2023
Other Nonoperating Income (Expense) [Abstract]
Other (Income) Expense, net	Other (Income) Expense, net Three Months Ended April 1, 2023 April 2, 2022 Foreign currency (gains) losses, net $ 4,954 736 Release of indemnification asset — 7,212 All other, net (5,520) (5,510) Total other (income) expense, net $ (566) 2,438

Income Taxes

Income Taxes	3 Months Ended
Income Taxes	Apr. 01, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesFor the three months ended April 1, 2023, the Company recorded income tax expense of $28,943 on earnings before income taxes of $109,219 for an effective tax rate of 26.5%. For the three months ended April 2, 2022, the Company recorded income tax expense of $61,448 on earnings before income taxes of $306,882, for an effective tax rate of 20.0%. The increase in the effective tax rate was primarily driven by the Company’s geographic dispersion of profits and losses for the respective periods, the write-off of an income tax receivable no longer expected in the three months ended April 1, 2023 and an Italian benefit associated with the release of an uncertain tax liability in the three months ended April 2, 2022, partially offset by lower earnings before income taxes.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
Stockholders' Equity	Apr. 01, 2023
Equity [Abstract]
Stockholders' Equity	Accumulated Other Comprehensive Income (Loss) Foreign currency Prior pension and post- Total Balance as of December 31, 2022 $ (1,114,629) 371 (1,114,258) Current period other comprehensive income (loss) 6,929 (496) 6,433 Balance as of April 1, 2023 $ (1,107,700) (125) (1,107,825) The following tables reflect the changes in stockholders’ equity for the three months ended April 1, 2023 and April 2, 2022 (in thousands). Total Stockholders’ Equity Common Stock Additional Retained Accumulated Treasury Stock Nonredeemable Total Shares Amount Shares Amount Balances as of December 31, 2022 70,875 $709 $1,930,789 $7,409,760 ($1,114,258) (7,341) ($215,491) $6,405 $8,017,914 Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards 142 1 (3,888) — — 3 94 — (3,793) Stock-based compensation expense — — 5,033 — — — — — 5,033 Net earnings attributable to noncontrolling interests — — — — — — — 38 38 Currency translation adjustment on noncontrolling interests — — — — — — — (57) (57) Purchase of noncontrolling interest — — 53 — — — — (153) (100) Currency translation adjustment — — — — 6,929 — — — 6,929 Prior pension and post-retirement benefit service cost and actuarial gain — — — — (496) — — — (496) Net earnings — — — 80,238 — — — — 80,238 Balances as of April 1, 2023 71,017 $710 $1,931,987 $7,489,998 ($1,107,825) (7,338) ($215,397) $6,233 $8,105,706 Total Stockholders’ Equity Common Stock Additional Retained Accumulated Treasury Stock Nonredeemable Total Shares Amount Shares Amount Balances as of December 31, 2021 72,952 $729 $1,911,131 $7,692,064 ($966,952) (7,343) ($215,547) $6,791 $8,428,216 Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards 105 1 (3,268) — — 2 52 — (3,215) Stock-based compensation expense — — 5,655 — — — — — 5,655 Repurchases of common stock (2,177) (21) — (306,556) — — — — (306,577) Net earnings attributable to noncontrolling interests — — — — — — — 105 105 Currency translation adjustment on noncontrolling interests — — — — — — — (263) (263) Currency translation adjustment — — — — (82,184) — — — (82,184) Prior pension and post-retirement benefit service cost and actuarial gain — — — — 537 — — — 537 Net earnings — — — 245,329 — — — — 245,329 Balances as of April 2, 2022 70,880 $709 $1,913,518 $7,630,837 ($1,048,599) (7,341) ($215,495) $6,633 $8,287,603

Earnings_Per Share

Earnings Per Share	3 Months Ended
Earnings Per Share	Apr. 01, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per common share is computed by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted earnings per common share assumes the exercise of outstanding stock options and the vesting of RSUs using the treasury stock method when the effects of such assumptions are dilutive. A reconciliation of net earnings attributable to Mohawk Industries, Inc. and weighted-average common shares outstanding for purposes of calculating basic and diluted earnings per share is as follows: Three Months Ended April 1, 2023 April 2, 2022 Net earnings attributable to Mohawk Industries, Inc. $ 80,238 245,329 Weighted-average common shares outstanding—basic and diluted: Weighted-average common shares outstanding—basic 63,582 64,686 Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net 264 284 Weighted-average common shares outstanding-diluted 63,846 64,970 Earnings per share attributable to Mohawk Industries, Inc. Basic $ 1.26 3.79 Diluted $ 1.26 3.78

Segment Reporting

Segment Reporting	3 Months Ended
Segment Reporting	Apr. 01, 2023
Segment Reporting [Abstract]
Segment Reporting	Segment ReportingThe Company has three reporting segments: Global Ceramic, Flooring NA and Flooring ROW. Global Ceramic designs, manufactures, sources and markets a broad line of ceramic tile, porcelain tile, natural stone tile and other products including natural stone, porcelain slabs and quartz countertops, which it distributes primarily in North America, Europe, Brazil and Russia through various selling channels, which include company-owned stores, independent distributors and home centers. Flooring NA designs, manufactures, sources and markets its floor covering products, including broadloom carpet, carpet tile, carpet cushion, rugs, laminate, vinyl products, including luxury vinyl tile (“LVT”) and sheet vinyl, and wood flooring, all of which it distributes through its network of regional distribution centers and satellite warehouses using Company-operated trucks, common carriers or rail transportation. The Segment’s product lines are sold through various channels, including independent floor covering retailers, independent distributors, home centers, mass merchandisers, department stores, shop at home, online retailers, buying groups, commercial contractors and commercial end users. Flooring ROW designs, manufactures, sources, licenses and markets laminate, vinyl products, including LVT and sheet vinyl, wood flooring, roofing panels, insulation boards, medium-density fiberboard (“MDF”) and chipboards, which it distributes primarily in Europe, Russia, Australia and New Zealand through various channels, including independent floor covering retailers, independent distributors, company-owned distributors, home centers, commercial contractors and commercial end users. The accounting policies for each operating segment are consistent with the Company’s policies for the Consolidated Financial Statements. Amounts disclosed for each segment are prior to any elimination or consolidation entries. Corporate general and administrative expenses attributable to each segment are estimated and allocated accordingly. Segment performance is evaluated based on operating income. Three Months Ended April 1, 2023 April 2, 2022 Net sales: Global Ceramic $ 1,059,334 1,064,757 Flooring NA 953,417 1,071,910 Flooring ROW 793,472 878,996 Total $ 2,806,223 3,015,663 Operating income (loss): Global Ceramic $ 63,317 100,338 Flooring NA (2,013) 95,324 Flooring ROW 75,245 134,650 Corporate and intersegment eliminations (10,759) (9,511) Total $ 125,790 320,801 April 1, 2023 December 31, 2022 Assets: Global Ceramic $ 5,499,366 4,841,310 Flooring NA 4,265,140 4,299,360 Flooring ROW 4,314,799 4,275,519 Corporate and intersegment eliminations 684,152 704,243 Total $ 14,763,457 14,120,432

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Apr. 01, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies From time to time in the regular course of its business, the Company is involved in various lawsuits, claims, investigations and other legal matters. Except as noted below, there are no material legal proceedings pending or known by the Company to be contemplated to which the Company is a party or to which any of its property is subject. Perfluorinated Compounds (“PFCs”) Litigation In September 2016, the Water Works and Sewer Board of the City of Gadsden, Alabama (the “Gadsden Water Board”) filed an individual complaint in the Circuit Court of Etowah County, Alabama against certain manufacturers, suppliers, and users of chemicals containing specific PFCs, including the Company. In May 2017, the Water Works and Sewer Board of the Town of Centre, Alabama (the “Centre Water Board”) filed a similar complaint in the Circuit Court of Cherokee County, Alabama. The Gadsden Water Board and the Centre Water Board both sought monetary damages and injunctive relief claiming that their water supplies contain excessive amounts of PFCs. Certain defendants, including the Company, filed dispositive motions in each case arguing that the Alabama state courts lack personal jurisdiction over them. These motions were denied. In June and September 2018, certain defendants, including the Company, petitioned the Alabama Supreme Court for Writs of Mandamus directing each lower court to enter an order granting the defendants’ dispositive motions on personal jurisdiction grounds. The Alabama Supreme Court denied the petitions on December 20, 2019. Certain defendants, including the Company, filed an Application for Rehearing with the Alabama Supreme Court asking the court to reconsider its December 2019 decision. The Alabama Supreme Court denied the application for rehearing. On August 21, 2020, certain defendants, including the Company, petitioned the Supreme Court of the United States for review of the matter. On January 19, 2021, the Supreme Court denied the defendants’ petition for review. On October 14, 2022, the Gadsden Water Board settled its claims against Mohawk Industries, Inc. and Mohawk Carpet, LLC. On March 21, 2023, the Centre Water Board settled its claims against Mohawk Industries, Inc., Mohawk Carpet, LLC, and Aladdin Manufacturing Corporation. In April 2023, Shelby County, Alabama and Talladega County, Alabama filed a complaint in the Circuit Court of Talladega County, Alabama against Aladdin Manufacturing Corporation, Aladdin Manufacturing Corporation of Alabama, LLC, Mohawk Carpet, LLC, and Mohawk Industries, Inc., among other defendants, that contains allegations substantially similar to those that were made by the Gadsden Water Board and Centre Water Board. This case remains pending. In December 2019, the City of Rome, Georgia (“Rome”) filed a complaint in the Superior Court of Floyd County, Georgia that is similar to the Gadsden Water Board and Centre Water Board complaints, again seeking monetary damages and injunctive relief related to PFCs. Also in December 2019, Jarrod Johnson filed a putative class action in the Superior Court of Floyd County, Georgia purporting to represent all water subscribers with the Rome (Georgia) Water and Sewer Division and/or the Floyd County (Georgia) Water Department and seeking to recover, among other things, damages in the form of alleged increased rates and surcharges incurred by ratepayers for the costs associated with eliminating certain PFCs from their drinking water. In January 2020, defendant 3M Company removed the class action to federal court. The Company filed motions to dismiss in both of these cases. On December 17, 2020, the Superior Court of Floyd County denied the Company’s motion to dismiss in the Rome case. On September 20, 2021, the Northern District of Georgia denied the Company’s motion to dismiss in the class action. The Company denies all liability in these matters and intends to defend all pending matters vigorously. Putative Securities Class Action On January 3, 2020, the Company and certain of its executive officers were named as defendants in a putative shareholder class action lawsuit filed in the United States District Court for the Northern District of Georgia (the “Securities Class Action”). The complaint alleged that defendants violated the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by making materially false and misleading statements and that the officers are control persons under Section 20(a) of the Securities Exchange Act of 1934. The complaint was filed on behalf of shareholders who purchased shares of the Company’s common stock between April 28, 2017 and July 25, 2019 (“Class Period”). On June 29, 2020, an amended complaint was filed in the Securities Class Action against Mohawk and its CEO Jeff Lorberbaum, based on the same claims and the same Class Period. The amended complaint alleges that the Company (1) engaged in fabricating revenues by attempting delivery to customers that were closed and recognizing these attempts as sales; (2) overproduced product to report higher operating margins and maintained significant inventory that was not salable; and (3) valued certain inventory improperly or improperly delivered inventory with knowledge that it was defective and customers would return it. On October 27, 2020, defendants filed a motion to dismiss the amended complaint. On September 29, 2021, the court issued an order granting in part and denying the defendants’ motion to dismiss the amended complaint. Defendants filed an answer to the amended complaint on November 12, 2021, and fact discovery commenced. On January 26, 2022, Lead Plaintiff moved for class certification, to appoint itself as class representative, and for appointment of class counsel. The court granted plaintiff’s motion for class certification on November 28, 2022. On December 13, 2022, the parties reached an agreement in principle to settle the Securities Class Action for $60,000, of which a significant portion is covered by insurance, in exchange for the dismissal and a release of all claims against the defendants (the “Agreement”). The Agreement, which is subject to court approval, is without admission of fault or wrongdoing by defendants. On February 6, 2023, the court issued an order granting Lead Plaintiff’s motion to preliminarily approve the settlement and setting May 31, 2023 as the date of the final settlement hearing. The Company believes the allegations in the Securities Class Action are without merit. Government Subpoenas As previously disclosed, on June 25, 2020, the Company received subpoenas issued by the U.S. Attorney’s Office for the Northern District of Georgia (the “USAO”) and the U.S. Securities and Exchange Commission (the “SEC”) relating to matters similar to the allegations of wrongdoing raised by the Securities Class Action. The Company’s Audit Committee, with the assistance of outside legal counsel, conducted a thorough internal investigation into these allegations. The Audit Committee has completed the investigation and concluded that the allegations of wrongdoing are without merit. The USAO and SEC investigations are ongoing, and the Company is cooperating fully with those authorities. The Company will continue to vigorously defend against the allegations of wrongdoing and does not believe they have merit. Delaware State Court Action The Company and certain of its present and former executive officers were named as defendants in a putative state securities class action lawsuit filed in the Superior Court of the State of Delaware on January 30, 2020. The complaint alleged that defendants violated Sections 11 and 12 of the Securities Act of 1933. The complaint was filed on behalf of shareholders who purchased shares of the Company’s common stock in Mohawk Industries Retirement Plan 1 and Mohawk Industries Retirement Plan 2 between April 27, 2017 and July 25, 2019. On March 27, 2020, the court granted a temporary stay of the litigation. The stay may be lifted according to the terms set forth in the court’s order to stay litigation. The parties reached an agreement in principle to settle the lawsuit, which will be funded in full by Mohawk’s insurers, in exchange for the dismissal and a release of all claims against the defendants (the “Settlement Agreement”). The Settlement Agreement, which is subject to court approval, is without admission of fault or wrongdoing by defendants. The Company believes the allegations in the lawsuit are without merit. Georgia State Court Investor Actions The Company and certain of its present and former executive officers were named as defendants in certain investor actions, filed in the State Court of Fulton County of the State of Georgia on April 22, 2021, April 23, 2021, and May 11, 2022. Five complaints brought on behalf of purported former Mohawk stockholders each allege that defendants defrauded the respective plaintiffs through false or misleading statements and thereby induced plaintiffs to purchase Company stock at artificially inflated prices. The allegations are similar to those of the Securities Class Action. The claims alleged include fraud, negligent misrepresentation, violations of the Georgia Securities Act, and violations of the Georgia Racketeering and Corrupt Organizations statute. Plaintiffs in the investor actions seek compensatory and punitive damages. On June 28, 2021, defendants filed motions to dismiss each of the four complaints filed in April 2021 and answers to the same. On October 5, 2021, all four investor actions filed in April 2021 were transferred by the State Court of Fulton County to the Metro Atlanta Business Case Division, where fact discovery is ongoing. On January 28, 2022, the Court granted in part and denied in part the motions to dismiss the four actions filed in April 2021, dismissing the Georgia Securities Act claims as to all defendants, and the negligent misrepresentation claim as to the Company. On May 19, 2022, the parties in the last-filed action filed a joint motion to transfer the investor action initiated on May 11, 2022 to the Metro Atlanta Business Case Division where the other four actions were and are pending. On August 2, 2022, this motion was granted and the last-filed investor action initiated on May 11, 2022 was transferred to the Metro Atlanta Business Case Division. On September 1, 2022, defendants in the last-filed investor action filed motions to dismiss the complaint filed on May 2022 and answers to the same. On November 16, 2022, plaintiffs in the last-filed investor action voluntarily dismissed the suit. The Company intends to vigorously defend against the claims in these actions. Federal Investor Actions The Company and certain of its present and former executive officers were named as defendants in three additional non-class action lawsuits filed in the United States District Court for the Northern District of Georgia on June 22, 2021, March 25, 2022, and April 26, 2022 (collectively, “Federal Investor Actions”), respectively. Each complaint is brought on behalf of one or more purported former Mohawk stockholders and alleges that defendants defrauded the plaintiffs through false or misleading statements and thereby induced plaintiffs to purchase Company stock at artificially inflated prices. The allegations are similar to those of the Securities Class Action. The federal law claims alleged include violations of Sections 10(b) and 18 of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by making materially false and misleading statements and that the officers are control persons under Section 20(a) of the Securities Exchange Act of 1934. The state law claims alleged include fraud, negligent misrepresentation, violations of the Georgia Securities Act, and violations of the Georgia Racketeering and Corrupt Organizations statute. Plaintiffs in the lawsuits seek compensatory and punitive damages and attorneys’ fees. On December 13, 2021, defendants filed motions to dismiss the June 22, 2021 complaint. On July 6, 2022, defendants filed motions to dismiss the March 25, 2022 complaint. On July 27, 2022, defendants filed motions to dismiss the April 26, 2022 complaint. On August 9, 2022, defendants filed a motion to consolidate all three Federal Investor Actions for pre-trial purposes. On March 31, 2023, the court issued orders in each of the Federal Investor Actions granting in part and denying in part defendants’ motions to dismiss the three Federal Investor Actions, and granting defendants’ motion to consolidate the three Federal Investor Actions for pre-trial purposes. Defendants filed answers to each of the three complaints on April 14, 2023. The Company intends to vigorously defend against the claims asserted in the Federal Investor Actions. Derivative Actions The Company and certain of its executive officers and directors were named as defendants in certain derivative actions filed in the United States District Court for the Northern District of Georgia on May 18, 2020 and August 6, 2020, respectively (the “NDGA Derivative Actions”), in the Superior Court of Gordon County of the State of Georgia on March 3, 2021 and July 12, 2021 (the “Georgia Derivative Actions”), and in the Delaware Court of Chancery on March 10, 2022 (the “Delaware Derivative Action”). The complaints allege that defendants breached their fiduciary duties to the Company by causing the Company to issue materially false and misleading statements. The complaints are filed on behalf of the Company and seek to remedy fiduciary duty breaches occurring from April 28, 2017 to July 25, 2019. On July 20, 2020, the court in the NDGA Derivative Actions granted a temporary stay of the litigation. On October 21, 2020, the court entered an order consolidating the NDGA Derivative Actions and appointing Lead Counsel. Other shareholders of record jointly moved to intervene in the derivative actions to stay the proceedings. On September 28, 2021, the court in the NDGA Derivative Actions issued an order granting the request to intervene. On April 8, 2021, the court in the first-filed of the Georgia Derivative Actions granted a temporary stay of the litigation. On January 18, 2022, the Court in the NDGA Derivative Actions lifted the temporary stay of the litigation. On January 20, 2022, the court in the second-filed of the Georgia Derivative Actions entered an order on scheduling requiring defendants to file and serve their response to the complaint on February 21, 2022. On February 28, 2022, the court granted a stay of the Georgia Derivative Actions until the entry of a final judgment in the NDGA Derivative Actions and stipulating that the prevailing party in the NDGA Derivative Actions would be the prevailing party in the Georgia Derivative Actions. On April 6, 2022, the court granted a stay of the Delaware Derivative Action until the entry of a final judgment in the NDGA Derivative Actions and stipulating that the prevailing party in the NDGA Derivative Actions would be the prevailing party in the Delaware Derivative Action. On March 22, 2023, the temporary stay of the NDGA Derivative Actions expired. The Company intends to vigorously defend against the claims. General The Company believes that adequate provisions for resolution of all contingencies, claims and pending litigation have been made for probable losses that are reasonably estimable. These contingencies are subject to significant uncertainties and the Company is unable to estimate the amount or range of loss, if any, in excess of amounts accrued. The Company does not believe that the ultimate outcome of these actions will have a material adverse effect on its financial condition but could have a material adverse effect on its results of operations, cash flows or liquidity in a given quarter or year.

Debt

Debt	3 Months Ended
Debt	Apr. 01, 2023
Debt Disclosure [Abstract]
Debt	Debt Senior Credit Facility On August 12, 2022, the Company entered into a fourth amendment (the “Amendment”) to its existing senior revolving credit facility (the “Senior Credit Facility”). The Amendment, among other things, (i) extended the maturity of the Senior Credit Facility from October 18, 2024 to August 12, 2027, (ii) renewed the Company’s option to extend the maturity of the Senior Credit Facility up to two times for an additional one-year period each, (iii) increased the Consolidated Interest Coverage Ratio financial maintenance covenant from 3.00:1.00 to 3.50:1.00, (iv) eliminated certain covenants applicable to the Company and its subsidiaries, including, but not limited to, restrictions on dispositions, restricted payments, and transactions with affiliates, and the Consolidated Net Leverage Ratio financial covenant, and (v) increased the amount available under the Senior Credit Facility to $1,950,000 until October 18, 2024, after which the amount available under the Senior Credit Facility will decrease to $1,485,000. The Amendment also permits the Company to increase the commitments under the Senior Credit Facility by an aggregate amount not to exceed $600,000. At the Company’s election, U.S.-dollar denominated revolving loans under the Senior Credit Facility bear interest at annual rates equal to either (a) SOFR (plus a 0.10% SOFR adjustment) for 1, 3 or 6 month periods, as selected by the Company, plus an applicable margin ranging between 1.00% and 1.75% (1.13% as of April 1, 2023), or (b) the Base Rate (defined as the higher of the Wells Fargo Bank, National Association prime rate, the Federal Funds Effective Rate plus 0.5%, or SOFR (plus a 0.10% SOFR adjustment) for a 1 month period rate plus 1.0%), plus an applicable margin ranging between 0.00% and 0.75% (0.13% as of April 1, 2023). At the Company’s election, revolving loans under the Senior Credit Facility denominated in Canadian dollars, Australian dollars, Hong Kong dollars or euros bear interest at annual rates equal to either (a) the applicable benchmark for such currency plus an applicable margin ranging between 1.00% and 1.75% (1.13% as of April 1, 2023), or (b) the Base Rate plus an applicable margin ranging between 0.00% and 0.75% (0.13% as of April 1, 2023). The Company also pays a commitment fee to the lenders under the Senior Credit Facility on the average amount by which the aggregate commitments of the lenders exceed utilization of the Senior Credit Facility ranging from 0.09% to 0.20% per annum (0.11% as of April 1, 2023). The applicable margins and the commitment fee are determined based on whichever of the Company’s Consolidated Net Leverage Ratio or its senior unsecured debt rating (or if not available, corporate family rating) results in the lower applicable margins and commitment fee (with applicable margins and the commitment fee increasing as that ratio increases or those ratings decline, as applicable). On October 28, 2021, the Company amended the Senior Credit Facility to replace LIBOR for euros with the EURIBOR benchmark rate. The obligations of the Company and its subsidiaries in respect of the Senior Credit Facility are unsecured. The Senior Credit Facility includes certain affirmative and negative covenants that impose restrictions on the Company’s financial and business operations, including limitations on liens, subsidiary indebtedness, fundamental changes, future negative pledges, and changes in the nature of the Company’s business. The limitations contain customary exceptions or, in certain cases, do not apply as long as the Company is in compliance with the financial ratio requirement and is not otherwise in default. As described above, the Consolidated Net Leverage Ratio financial covenant was eliminated on August 12, 2022. The Senior Credit Facility also contains customary representations and warranties and events of default, subject to customary grace periods. In 2022, the Company paid financing costs of $1,879 in connection with the Amendment of its Senior Credit Facility. These costs were deferred and, along with previously unamortized costs of $2,663, are being amortized over the term of the Senior Credit Facility. As of April 1, 2023, amounts utilized under the Senior Credit Facility included $362,138 borrowings and $19,951 of standby letters of credit related to various insurance contracts and foreign vendor commitments. Any outstanding borrowings under the Company’s U.S. and European commercial paper programs reduce the availability of the Senior Credit Facility. Including commercial paper borrowings, the Company has utilized $1,325,099 under the Senior Credit Facility, resulting in a total of $624,901 available as of April 1, 2023. Commercial Paper On February 28, 2014 and July 31, 2015, the Company established programs for the issuance of unsecured commercial paper in the United States and Eurozone capital markets, respectively. Commercial paper issued under the U.S. and European programs will have maturities ranging up to 397 and 183 days, respectively. None of the commercial paper notes may be voluntarily prepaid or redeemed by the Company and rank pari passu with the Company’s other unsecured and unsubordinated indebtedness. To the extent that the Company issues European commercial paper notes through a subsidiary of the Company, the notes will be fully and unconditionally guaranteed by the Company. The Company uses its Senior Credit Facility as a liquidity backstop for its commercial paper programs. Accordingly, the total amount outstanding under the Company’s commercial paper programs may not exceed $1,950,000 (less any amounts drawn on the Senior Credit Facility) at any time. The proceeds from the issuance of commercial paper notes will be available for general corporate purposes. As of April 1, 2023, there was $812,900 outstanding under the U.S. commercial paper program, and the euro equivalent of $130,110 under the European program. The weighted-average interest rate and maturity period for the U.S. program were 5.38% and 20.3 days, respectively. The weighted-average interest rate and maturity period for the European program were 2.78% and 10.5 days, respectively. Senior Notes On June 12, 2020, Mohawk Capital Finance S.A. (“Mohawk Finance”), an indirect wholly-owned finance subsidiary of the Company, completed the issuance and sale of €500,000 aggregate principal amount of 1.750% Senior Notes (“1.750% Senior Notes”) due June 12, 2027. The 1.750% Senior Notes are senior unsecured obligations of Mohawk Finance and rank pari passu with Mohawk Finance’s other existing and future senior unsecured indebtedness. The 1.750% Senior Notes are fully, unconditionally and irrevocably guaranteed by the Company on a senior unsecured basis. Interest on the 1.750% Senior Notes is payable annually in cash on June 12 of each year, commencing on June 12, 2021. The Company paid financing costs of $4,400 in connection with the 1.750% Senior Notes. These costs were deferred and are being amortized over the term of the 1.750% Senior Notes. On May 14, 2020, the Company completed the issuance and sale of $500,000 aggregate principal amount of 3.625% Senior Notes (“3.625% Senior Notes”) due May 15, 2030. The 3.625% Senior Notes are senior unsecured obligations of the Company and rank pari passu with the Company’s existing and future unsecured indebtedness. Interest on the 3.625% Senior Notes is payable semi-annually in cash on May 15 and November 15 of each year, commencing on November 15, 2020. The Company paid financing costs of $5,476 in connection with the 3.625% Senior Notes. These costs were deferred and are being amortized over the term of the 3.625% Senior Notes. On January 31, 2013, the Company issued $600,000 aggregate principal amount of 3.85% Senior Notes (“3.85% Senior Notes”) due February 1, 2023. The 3.85% Senior Notes were senior unsecured obligations of the Company and ranked pari passu with the Company’s existing and future unsecured indebtedness. Interest on the 3.85% Senior Notes was payable semi-annually in cash on February 1 and August 1 of each year. The Company paid financing costs of $6,000 in connection with the 3.85% Senior Notes. These costs were deferred and were amortized over the term of the 3.85% Senior Notes. On November 1, 2022, the Company redeemed at par all of the 3.85% Senior Notes. As defined in the related agreements, the Company’s senior notes contain covenants, representations and warranties and events of default, subject to exceptions, and restrictions on the Company’s financial and business operations, including limitations on liens, restrictions on entering into sale and leaseback transactions, fundamental changes, and a provision allowing the holder of the notes to require repayment upon a change of control triggering event. Term Loan On August 12, 2022, the Company and its indirect wholly-owned subsidiary, Mohawk International Holdings S.à r.l. (“Mohawk International”), entered into an agreement that provides for a delayed draw term loan facility (the “Term Loan Facility”), consisting of borrowings of up to $575,000 and €220,000. On October 3, 2022, an additional $100,000 of borrowing capacity was added to the Term Loan Facility. The Term Loan Facility could be drawn upon in up to two advances on any business day on or before December 31, 2022, with the proceeds being used for funding working capital and general corporate purposes. On October 31, 2022 and December 6, 2022, the Company made draws of $675,000 and €220,000, respectively. The Company must pay the outstanding principal amount of the Term Loan Facility, plus accrued and unpaid interest, not later than the maturity date of August 12, 2024. The Company may prepay all or a portion of the Term Loan Facility, plus accrued and unpaid interest, from time to time, without premium or penalty. At the Company’s election, U.S. dollar-denominated loans under the Term Loan Facility bear interest at an annual rate equal to either (a) SOFR (plus a 0.10% SOFR adjustment) for 1, 3 or 6 month periods, as selected by the Company, plus an applicable margin ranging between 0.825% and 1.50% (0.900% as of April 1, 2023), determined based upon the Company’s consolidated net leverage ratio, or (b) the base rate (defined as the higher of the Wells Fargo Bank, National Association prime rate, the Federal Funds Effective Rate plus 0.5%, and SOFR (plus a 0.10% SOFR adjustment) for a 1 month period plus 1.0%) plus an applicable margin ranging between 0.00% and 0.50% (0.00% as of April 1, 2023), determined based upon the Company’s consolidated net leverage ratio. Euro-denominated loans under the Term Loan Facility bear interest at an annual rate equal to EURIBOR for 1, 3 or 6 month periods, as selected by the Company, plus an applicable margin ranging between 0.825% and 1.50% (0.900% as of April 1, 2023), determined based upon the Company’s consolidated net leverage ratio. In 2022, the Company paid financing costs of $664 in connection with the Term Loan Facility. These costs were deferred and are being amortized over the term of the Term Loan Facility. The obligations of the Company and its subsidiaries in respect of the Term Loan Facility are unsecured. The Term Loan Facility includes certain affirmative and negative covenants that impose restrictions on the Company’s financial and business operations, including limitations on liens, indebtedness, fundamental changes, and changes in the nature of the Company’s business. Many of these limitations are subject to numerous exceptions. The Company is also required to maintain a Consolidated Interest Coverage Ratio of at least 3.5 to 1.0 as of the last day of any fiscal quarter. The Term Loan Facility also contains customary representations and warranties. The Term Loan Facility contains events of default customary for this type of financing, including a cross default and cross acceleration provision to certain other material indebtedness of the Company. Upon the occurrence of an event of default, the outstanding obligations under the Term Loan Facility may be accelerated and become due and payable immediately. In addition, if certain change of control events occur with respect to the Company, the Company is required to repay the loans outstanding under the Term Loan Facility. The fair values and carrying values of the Company’s debt instruments are detailed as follows: April 1, 2023 December 31, 2022 Fair Value Carrying Fair Value Carrying 1.750% Senior Notes, payable June 12, 2027; interest payable annually $ 499,127 542,123 482,139 535,103 3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually 454,700 500,000 431,605 500,000 U.S. commercial paper 812,900 812,900 785,998 785,998 European commercial paper 130,110 130,110 42,808 42,808 Senior credit facility, payable August 12, 2027 362,139 362,139 — — U.S. Term Loan Facility 675,000 675,000 675,000 675,000 European Term Loan Facility 238,534 238,534 235,445 235,445 Finance leases and other 67,719 67,719 52,050 52,050 Unamortized debt issuance costs (6,914) (6,914) (7,270) (7,270) Total debt 3,233,315 3,321,611 2,697,775 2,819,134 Less current portion of long term-debt and commercial paper 1,056,473 1,056,473 840,571 840,571 Long-term debt, less current portion $ 2,176,842 2,265,138 1,857,204 1,978,563 The fair values of the Company’s debt instruments were estimated using market observable inputs, including quoted prices in active markets, market indices and interest rate measurements. Within the hierarchy of fair value measurements, these are Level 2 fair values.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	3 Months Ended
Supplemental Cash Flow Information	Apr. 01, 2023
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information Three Months Ended April 1, 2023 April 2, 2022 Net cash paid during the periods for: Interest $ 14,222 12,737 Income taxes $ 8,592 52,469 Supplemental schedule of non-cash investing and financing activities: Unpaid property plant and equipment in accounts payable and accrued expenses $ 87,990 81,633 ROU assets obtained in exchange for lease obligations: Operating leases $ 38,026 21,769 Finance leases $ 6,327 4,710

Subsequent Events

Subsequent Events	3 Months Ended
Subsequent Events	Apr. 01, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsSubsequent to the quarter end, an additional $100,000 of borrowing capacity was added to the Term Loan Facility on October 3, 2022.

General (Policies)

General (Policies)	3 Months Ended
General (Policies)	Apr. 01, 2023
Accounting Policies [Abstract]
Interim Reporting	Interim ReportingThe accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with instructions to Form 10-Q and do not include all of the information and footnotes required by U.S. generally accepted accounting principles (“U.S. GAAP”) for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These statements should be read in conjunction with the Consolidated Financial Statements and notes thereto, and the Company’s description of critical accounting policies, included in the Company’s 2022 Annual Report on Form 10-K, as filed with the Securities and Exchange Commission. Results for interim periods are not necessarily indicative of the results for the year.

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
Acquisitions (Tables)	Apr. 01, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table presents the preliminary allocation of the purchase price by major class of assets acquired and liabilities assumed as of the acquisition date. Amounts recognized as of the acquisition date Working capital $ 108,177 Property, plant and equipment 336,137 Tradenames 38,539 Customer relationships 2,010 Goodwill 86,786 Long-term debt, including current portion (26,072) Deferred tax liabilities (19,006) 526,571 Less: cash acquired (7,261) Net consideration transferred (net of cash acquired) $ 519,310

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	3 Months Ended
Revenue from Contracts with Customers (Tables)	Apr. 01, 2023
Revenue from Contract with Customer [Abstract]
Summary Of Segment Revenues Disaggregated By Geography And Product Line	The following table presents the Company’s segment revenues disaggregated by the geographical market location of customer sales and product categories for the three months ended April 1, 2023 and April 2, 2022: April 1, 2023 Global Ceramic Flooring NA Flooring ROW Total Geographical Markets United States $ 596,642 925,808 1,233 1,523,683 Europe 205,441 221 598,659 804,321 Russia 68,028 — 32,939 100,967 Other 189,223 27,388 160,641 377,252 Total $ 1,059,334 953,417 793,472 2,806,223 Product Categories Ceramic & Stone $ 1,050,124 8,617 — 1,058,741 Carpet & Resilient 9,210 750,505 222,031 981,746 Laminate & Wood — 194,295 252,659 446,954 Other (1) — — 318,782 318,782 Total $ 1,059,334 953,417 793,472 2,806,223 April 2, 2022 Global Ceramic Flooring NA Flooring ROW Total Geographical Markets United States $ 585,231 1,035,880 2,786 1,623,897 Europe 245,236 2,132 637,363 884,731 Russia 66,518 23 39,736 106,277 Other 167,772 33,875 199,111 400,758 Total $ 1,064,757 1,071,910 878,996 3,015,663 Product Categories Ceramic & Stone $ 1,059,711 8,988 — 1,068,699 Carpet & Resilient 5,046 843,082 244,128 1,092,256 Laminate & Wood — 219,840 297,137 516,977 Other (1) — — 337,731 337,731 Total $ 1,064,757 1,071,910 878,996 3,015,663 (1) Other includes roofing elements, insulation boards, chipboards and IP contracts.

Restructuring, Acquisition an_2

Restructuring, Acquisition and Integration-Related Costs (Tables)	3 Months Ended
	Apr. 01, 2023
Restructuring and Related Activities [Abstract]
Schedule Of Restructuring, Acquisition Transaction And Integration-related Costs	Restructuring, acquisition transaction and integration-related costs consisted of the following during the three months ended April 1, 2023 and April 2, 2022: Three Months Ended April 1, 2023 April 2, 2022 Cost of sales Restructuring costs $ 29,044 898 Acquisition integration-related costs 12 40 Restructuring and acquisition integration-related costs $ 29,056 938 Selling, general and administrative expenses Restructuring costs $ 197 — Acquisition transaction-related costs 375 696 Acquisition integration-related costs 2,496 284 Restructuring, acquisition transaction and integration-related costs $ 3,068 980
Schedule Of Restructuring Activity	The restructuring activity for the three months ended April 1, 2023 is as follows: Asset write- Severance Other Total Balances as of December 31, 2022 $ — 10,037 — 10,037 Restructuring costs Global Ceramic — — — — Flooring NA (514) 50 7,377 6,913 Flooring ROW 21,966 1 361 22,328 Total restructuring costs 21,452 51 7,738 29,241 Cash payments — (2,011) (7,052) (9,063) Non-cash items (21,452) (20) (686) (22,158) Balances as of April 1, 2023 $ — 8,057 — 8,057 Restructuring costs recorded in: Cost of sales $ 21,452 50 7,542 29,044 Selling, general and administrative expenses — 1 196 197 Total restructuring costs $ 21,452 51 7,738 29,241

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
Fair Value (Tables)	Apr. 01, 2023
Fair Value Disclosures [Abstract]
Schedule Of Fair Value Measurements	Items Measured at Fair Value April 1, 2023 December 31, 2022 Short-term investments: Commercial paper (Level 2) $ 150,000 158,000

Receivables, net (Tables)

Receivables, net (Tables)	3 Months Ended
Receivables, net (Tables)	Apr. 01, 2023
Receivables [Abstract]
Schedule Of Net Components Of Receivables	April 1, 2023 December 31, 2022 Customers, trade $ 1,919,496 1,699,130 Income tax receivable 23,838 60,080 Other 190,876 219,355 Less: allowance for discounts, claims and doubtful accounts 81,848 73,779 Receivables, net $ 2,052,362 1,904,786

Inventories (Tables)

Inventories (Tables)	3 Months Ended
Inventories (Tables)	Apr. 01, 2023
Inventory Disclosure [Abstract]
Schedule Of Net Components Of Inventories	April 1, 2023 December 31, 2022 Finished goods $ 1,933,428 1,986,005 Work in process 169,030 160,757 Raw materials 627,418 647,003 Total inventories $ 2,729,876 2,793,765

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
Goodwill and Intangible Assets (Tables)	Apr. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule Of Goodwill	Goodwill: Global Ceramic Flooring NA Flooring ROW Total Balance as of December 31, 2022 (1) $ 339,834 591,985 995,940 1,927,759 Goodwill adjustments related to acquisitions — (1,145) — (1,145) Goodwill recognized during the period 86,786 — — 86,786 Currency translation during the period (1,511) — 10,568 9,057 Balance as of April 1, 2023 (1) $ 425,109 590,840 1,006,508 2,022,457 (1) Net of accumulated impairment losses of $2,015,939 ($1,220,444 in Global Ceramic, $343,054 in Flooring NA and $452,441 in Flooring ROW).
Schedule Of Indefinite Life Assets Not Subject To Amortization	Intangible assets not subject to amortization: Tradenames Balance as of December 31, 2022 $ 668,328 Intangible assets acquired during the period 38,539 Currency translation during the period 661 Balance as of April 1, 2023 $ 707,528
Schedule Of Intangible Assets Subject To Amortization	Intangible assets subject to amortization: Customer Patents Other Total Balance as of December 31, 2022 Gross carrying amount $ 673,586 242,089 8,511 924,186 Accumulated amortization (493,361) (239,010) (2,195) (734,566) Net intangible assets subject to amortization 180,225 3,079 6,316 189,620 Balance as of April 1, 2023 Gross carrying amount 680,715 245,258 8,605 934,578 Accumulated amortization (504,447) (242,296) (2,299) (749,042) Net intangible assets subject to amortization $ 176,268 2,962 6,306 185,536
Schedule Of Intangible Assets Amortization Expense	Three Months Ended April 1, 2023 April 2, 2022 Amortization expense $ 7,169 7,173

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	3 Months Ended
Accounts Payable and Accrued Expenses (Tables)	Apr. 01, 2023
Payables and Accruals [Abstract]
Schedule Of Accounts Payable And Accrued Expenses	April 1, 2023 December 31, 2022 Outstanding checks in excess of cash $ 1,653 2,791 Accounts payable, trade 1,211,652 1,094,038 Accrued expenses 657,915 742,099 Product warranties 39,572 38,425 Accrued interest 16,849 8,748 Accrued compensation and benefits 227,771 238,347 Total accounts payable and accrued expenses $ 2,155,412 2,124,448

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
Accumulated Other Comprehensive Income (Loss) (Tables)	Apr. 01, 2023
Equity [Abstract]
Schedule Of Accumulated Other Comprehensive Income (Loss)	Foreign currency Prior pension and post- Total Balance as of December 31, 2022 $ (1,114,629) 371 (1,114,258) Current period other comprehensive income (loss) 6,929 (496) 6,433 Balance as of April 1, 2023 $ (1,107,700) (125) (1,107,825)

Other (Income) Expense, net (Ta

Other (Income) Expense, net (Tables)	3 Months Ended
Other (Income) Expense, net (Tables)	Apr. 01, 2023
Other Nonoperating Income (Expense) [Abstract]
Schedule Of Other (Income) Expense, Net	Three Months Ended April 1, 2023 April 2, 2022 Foreign currency (gains) losses, net $ 4,954 736 Release of indemnification asset — 7,212 All other, net (5,520) (5,510) Total other (income) expense, net $ (566) 2,438

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
Stockholders' Equity (Tables)	Apr. 01, 2023
Equity [Abstract]
Schedule Of Changes In Stockholders' Equity	The following tables reflect the changes in stockholders’ equity for the three months ended April 1, 2023 and April 2, 2022 (in thousands). Total Stockholders’ Equity Common Stock Additional Retained Accumulated Treasury Stock Nonredeemable Total Shares Amount Shares Amount Balances as of December 31, 2022 70,875 $709 $1,930,789 $7,409,760 ($1,114,258) (7,341) ($215,491) $6,405 $8,017,914 Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards 142 1 (3,888) — — 3 94 — (3,793) Stock-based compensation expense — — 5,033 — — — — — 5,033 Net earnings attributable to noncontrolling interests — — — — — — — 38 38 Currency translation adjustment on noncontrolling interests — — — — — — — (57) (57) Purchase of noncontrolling interest — — 53 — — — — (153) (100) Currency translation adjustment — — — — 6,929 — — — 6,929 Prior pension and post-retirement benefit service cost and actuarial gain — — — — (496) — — — (496) Net earnings — — — 80,238 — — — — 80,238 Balances as of April 1, 2023 71,017 $710 $1,931,987 $7,489,998 ($1,107,825) (7,338) ($215,397) $6,233 $8,105,706 Total Stockholders’ Equity Common Stock Additional Retained Accumulated Treasury Stock Nonredeemable Total Shares Amount Shares Amount Balances as of December 31, 2021 72,952 $729 $1,911,131 $7,692,064 ($966,952) (7,343) ($215,547) $6,791 $8,428,216 Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards 105 1 (3,268) — — 2 52 — (3,215) Stock-based compensation expense — — 5,655 — — — — — 5,655 Repurchases of common stock (2,177) (21) — (306,556) — — — — (306,577) Net earnings attributable to noncontrolling interests — — — — — — — 105 105 Currency translation adjustment on noncontrolling interests — — — — — — — (263) (263) Currency translation adjustment — — — — (82,184) — — — (82,184) Prior pension and post-retirement benefit service cost and actuarial gain — — — — 537 — — — 537 Net earnings — — — 245,329 — — — — 245,329 Balances as of April 2, 2022 70,880 $709 $1,913,518 $7,630,837 ($1,048,599) (7,341) ($215,495) $6,633 $8,287,603

Earnings_Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
Earnings Per Share (Tables)	Apr. 01, 2023
Earnings Per Share [Abstract]
Schedule Of Earnings Per Share	A reconciliation of net earnings attributable to Mohawk Industries, Inc. and weighted-average common shares outstanding for purposes of calculating basic and diluted earnings per share is as follows: Three Months Ended April 1, 2023 April 2, 2022 Net earnings attributable to Mohawk Industries, Inc. $ 80,238 245,329 Weighted-average common shares outstanding—basic and diluted: Weighted-average common shares outstanding—basic 63,582 64,686 Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net 264 284 Weighted-average common shares outstanding-diluted 63,846 64,970 Earnings per share attributable to Mohawk Industries, Inc. Basic $ 1.26 3.79 Diluted $ 1.26 3.78

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
Segment Reporting (Tables)	Apr. 01, 2023
Segment Reporting [Abstract]
Schedule of Segment Information	Three Months Ended April 1, 2023 April 2, 2022 Net sales: Global Ceramic $ 1,059,334 1,064,757 Flooring NA 953,417 1,071,910 Flooring ROW 793,472 878,996 Total $ 2,806,223 3,015,663 Operating income (loss): Global Ceramic $ 63,317 100,338 Flooring NA (2,013) 95,324 Flooring ROW 75,245 134,650 Corporate and intersegment eliminations (10,759) (9,511) Total $ 125,790 320,801 April 1, 2023 December 31, 2022 Assets: Global Ceramic $ 5,499,366 4,841,310 Flooring NA 4,265,140 4,299,360 Flooring ROW 4,314,799 4,275,519 Corporate and intersegment eliminations 684,152 704,243 Total $ 14,763,457 14,120,432

Debt (Tables)

Debt (Tables)	3 Months Ended
Debt (Tables)	Apr. 01, 2023
Debt Disclosure [Abstract]
Schedule of carrying values and estimated fair values of debt instruments	The fair values and carrying values of the Company’s debt instruments are detailed as follows: April 1, 2023 December 31, 2022 Fair Value Carrying Fair Value Carrying 1.750% Senior Notes, payable June 12, 2027; interest payable annually $ 499,127 542,123 482,139 535,103 3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually 454,700 500,000 431,605 500,000 U.S. commercial paper 812,900 812,900 785,998 785,998 European commercial paper 130,110 130,110 42,808 42,808 Senior credit facility, payable August 12, 2027 362,139 362,139 — — U.S. Term Loan Facility 675,000 675,000 675,000 675,000 European Term Loan Facility 238,534 238,534 235,445 235,445 Finance leases and other 67,719 67,719 52,050 52,050 Unamortized debt issuance costs (6,914) (6,914) (7,270) (7,270) Total debt 3,233,315 3,321,611 2,697,775 2,819,134 Less current portion of long term-debt and commercial paper 1,056,473 1,056,473 840,571 840,571 Long-term debt, less current portion $ 2,176,842 2,265,138 1,857,204 1,978,563

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	3 Months Ended
Supplemental Cash Flow Information (Tables)	Apr. 01, 2023
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	Three Months Ended April 1, 2023 April 2, 2022 Net cash paid during the periods for: Interest $ 14,222 12,737 Income taxes $ 8,592 52,469 Supplemental schedule of non-cash investing and financing activities: Unpaid property plant and equipment in accounts payable and accrued expenses $ 87,990 81,633 ROU assets obtained in exchange for lease obligations: Operating leases $ 38,026 21,769 Finance leases $ 6,327 4,710

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) $ in Thousands	3 Months Ended	6 Months Ended
Acquisitions - Narrative (Details) $ in Thousands	Apr. 01, 2023 USD ($) acquisition	Dec. 31, 2022 USD ($) acquisition
Business Acquisition [Line Items]
Goodwill	$ 2,022,457	$ 1,927,759
2023 Acquisitions
Business Acquisition [Line Items]
Goodwill	86,786
Net consideration transferred (net of cash acquired)	$ 519,310
Global Ceramic \| 2023 Acquisitions
Business Acquisition [Line Items]
Number of acquisitions \| acquisition	2
Net consideration transferred (net of cash acquired)	$ 519,310
Flooring North America Segment \| 2022 Acquisitions
Business Acquisition [Line Items]
Number of acquisitions \| acquisition		2
Purchase agreement price		$ 164,475
Goodwill		60,738
Intangible assets subject to amortization		$ 19,900
Flooring ROW
Business Acquisition [Line Items]
Number of acquisitions \| acquisition		3
Flooring ROW \| 2022 Acquisitions
Business Acquisition [Line Items]
Purchase agreement price		$ 47,964
Goodwill		11,542
Intangible assets subject to amortization		$ 3,376
Elizabeth Revestlmentos Segment \| 2023 Acquisitions
Business Acquisition [Line Items]
Goodwill	$ 86,786

Acquisitions - Assets Acquired

Acquisitions - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Apr. 01, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Goodwill	$ 2,022,457	$ 1,927,759
2023 Acquisitions
Business Acquisition [Line Items]
Working capital	108,177
Property, plant and equipment	336,137
Goodwill	86,786
Long-term debt, including current portion	(26,072)
Deferred tax liabilities	(19,006)
Net assets acquired	526,571
Less: cash acquired	(7,261)
Net consideration transferred (net of cash acquired)	519,310
2023 Acquisitions \| Tradenames
Business Acquisition [Line Items]
Intangible assets	38,539
2023 Acquisitions \| Customer relationships
Business Acquisition [Line Items]
Intangible assets	$ 2,010

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Narrative (Details) - USD ($)	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Contract liability	$ 68,409,000		$ 72,572,000
Revenue recognized related to contract liabilities	0	$ 0
Capitalized contract cost	63,082,000		$ 59,015,000
Amortization of capitalized contract costs	$ 13,099,000	$ 12,340,000

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Summary of Disaggregated Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Disaggregation of Revenue [Line Items]
Net sales	$ 2,806,223	$ 3,015,663
Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales	1,058,741	1,068,699
Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales	981,746	1,092,256
Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales	446,954	516,977
Other
Disaggregation of Revenue [Line Items]
Net sales	318,782	337,731
United States
Disaggregation of Revenue [Line Items]
Net sales	1,523,683	1,623,897
Europe
Disaggregation of Revenue [Line Items]
Net sales	804,321	884,731
Russia
Disaggregation of Revenue [Line Items]
Net sales	100,967	106,277
Other
Disaggregation of Revenue [Line Items]
Net sales	377,252	400,758
Global Ceramic
Disaggregation of Revenue [Line Items]
Net sales		1,064,757
Flooring NA
Disaggregation of Revenue [Line Items]
Net sales		1,071,910
Flooring ROW
Disaggregation of Revenue [Line Items]
Net sales		878,996
Operating segments \| Global Ceramic
Disaggregation of Revenue [Line Items]
Net sales	1,059,334	1,064,757
Operating segments \| Global Ceramic \| Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales	1,050,124	1,059,711
Operating segments \| Global Ceramic \| Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales	9,210	5,046
Operating segments \| Global Ceramic \| Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales	0	0
Operating segments \| Global Ceramic \| Other
Disaggregation of Revenue [Line Items]
Net sales	0	0
Operating segments \| Global Ceramic \| United States
Disaggregation of Revenue [Line Items]
Net sales	596,642	585,231
Operating segments \| Global Ceramic \| Europe
Disaggregation of Revenue [Line Items]
Net sales	205,441	245,236
Operating segments \| Global Ceramic \| Russia
Disaggregation of Revenue [Line Items]
Net sales	68,028	66,518
Operating segments \| Global Ceramic \| Other
Disaggregation of Revenue [Line Items]
Net sales	189,223	167,772
Operating segments \| Flooring NA
Disaggregation of Revenue [Line Items]
Net sales	953,417	1,071,910
Operating segments \| Flooring NA \| Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales	8,617	8,988
Operating segments \| Flooring NA \| Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales	750,505	843,082
Operating segments \| Flooring NA \| Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales	194,295	219,840
Operating segments \| Flooring NA \| Other
Disaggregation of Revenue [Line Items]
Net sales	0	0
Operating segments \| Flooring NA \| United States
Disaggregation of Revenue [Line Items]
Net sales	925,808	1,035,880
Operating segments \| Flooring NA \| Europe
Disaggregation of Revenue [Line Items]
Net sales	221	2,132
Operating segments \| Flooring NA \| Russia
Disaggregation of Revenue [Line Items]
Net sales	0	23
Operating segments \| Flooring NA \| Other
Disaggregation of Revenue [Line Items]
Net sales	27,388	33,875
Operating segments \| Flooring ROW
Disaggregation of Revenue [Line Items]
Net sales	793,472	878,996
Operating segments \| Flooring ROW \| Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales	0	0
Operating segments \| Flooring ROW \| Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales	222,031	244,128
Operating segments \| Flooring ROW \| Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales	252,659	297,137
Operating segments \| Flooring ROW \| Other
Disaggregation of Revenue [Line Items]
Net sales	318,782	337,731
Operating segments \| Flooring ROW \| United States
Disaggregation of Revenue [Line Items]
Net sales	1,233	2,786
Operating segments \| Flooring ROW \| Europe
Disaggregation of Revenue [Line Items]
Net sales	598,659	637,363
Operating segments \| Flooring ROW \| Russia
Disaggregation of Revenue [Line Items]
Net sales	32,939	39,736
Operating segments \| Flooring ROW \| Other
Disaggregation of Revenue [Line Items]
Net sales	$ 160,641	$ 199,111

Restructuring, Acquisition an_3

Restructuring, Acquisition and Integration-Related Costs - Schedule of Restructuring, Acquisition Transaction and Integration-Related Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 29,241
Cost of sales
Restructuring Cost and Reserve [Line Items]
Restructuring costs	29,044	$ 898
Acquisition integration-related costs	12	40
Restructuring, acquisition transaction and integration-related costs	29,056	938
Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring costs	197	0
Acquisition transaction-related costs	375	696
Acquisition integration-related costs	2,496	284
Restructuring, acquisition transaction and integration-related costs	$ 3,068	$ 980

Restructuring, Acquisition an_4

Restructuring, Acquisition and Integration-Related Costs - Restructuring Activity (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Restructuring Reserve [Roll Forward]
Beginning balance	$ 10,037
Restructuring costs	29,241
Cash payments	(9,063)
Non-cash items	(22,158)
Ending balance	8,057
Cost of sales
Restructuring Reserve [Roll Forward]
Restructuring costs	29,044	$ 898
Selling, general and administrative expenses
Restructuring Reserve [Roll Forward]
Restructuring costs	197	$ 0
Asset write- downs and gains on disposals
Restructuring Reserve [Roll Forward]
Beginning balance	0
Restructuring costs	21,452
Cash payments	0
Non-cash items	(21,452)
Ending balance	0
Asset write- downs and gains on disposals \| Cost of sales
Restructuring Reserve [Roll Forward]
Restructuring costs	21,452
Asset write- downs and gains on disposals \| Selling, general and administrative expenses
Restructuring Reserve [Roll Forward]
Restructuring costs	0
Severance
Restructuring Reserve [Roll Forward]
Beginning balance	10,037
Restructuring costs	51
Cash payments	(2,011)
Non-cash items	(20)
Ending balance	8,057
Severance \| Cost of sales
Restructuring Reserve [Roll Forward]
Restructuring costs	50
Severance \| Selling, general and administrative expenses
Restructuring Reserve [Roll Forward]
Restructuring costs	1
Other restructuring costs
Restructuring Reserve [Roll Forward]
Beginning balance	0
Restructuring costs	7,738
Cash payments	(7,052)
Non-cash items	(686)
Ending balance	0
Other restructuring costs \| Cost of sales
Restructuring Reserve [Roll Forward]
Restructuring costs	7,542
Other restructuring costs \| Selling, general and administrative expenses
Restructuring Reserve [Roll Forward]
Restructuring costs	196
Operating segments \| Global Ceramic
Restructuring Reserve [Roll Forward]
Restructuring costs	0
Operating segments \| Flooring NA
Restructuring Reserve [Roll Forward]
Restructuring costs	6,913
Operating segments \| Flooring ROW
Restructuring Reserve [Roll Forward]
Restructuring costs	22,328
Operating segments \| Asset write- downs and gains on disposals \| Global Ceramic
Restructuring Reserve [Roll Forward]
Restructuring costs	0
Operating segments \| Asset write- downs and gains on disposals \| Flooring NA
Restructuring Reserve [Roll Forward]
Restructuring costs	(514)
Operating segments \| Asset write- downs and gains on disposals \| Flooring ROW
Restructuring Reserve [Roll Forward]
Restructuring costs	21,966
Operating segments \| Severance \| Global Ceramic
Restructuring Reserve [Roll Forward]
Restructuring costs	0
Operating segments \| Severance \| Flooring NA
Restructuring Reserve [Roll Forward]
Restructuring costs	50
Operating segments \| Severance \| Flooring ROW
Restructuring Reserve [Roll Forward]
Restructuring costs	1
Operating segments \| Other restructuring costs \| Global Ceramic
Restructuring Reserve [Roll Forward]
Restructuring costs	0
Operating segments \| Other restructuring costs \| Flooring NA
Restructuring Reserve [Roll Forward]
Restructuring costs	7,377
Operating segments \| Other restructuring costs \| Flooring ROW
Restructuring Reserve [Roll Forward]
Restructuring costs	$ 361

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Value Measurements (Details) - USD ($) $ in Thousands	Apr. 01, 2023	Dec. 31, 2022
Fair value, recurring \| Level 2 \| Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	$ 150,000	$ 158,000

Receivables, net (Details)

Receivables, net (Details) - USD ($) $ in Thousands	Apr. 01, 2023	Dec. 31, 2022
Receivables [Abstract]
Customers, trade	$ 1,919,496	$ 1,699,130
Income tax receivable	23,838	60,080
Other	190,876	219,355
Less: allowance for discounts, claims and doubtful accounts	81,848	73,779
Receivables, net	$ 2,052,362	$ 1,904,786

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Apr. 01, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Finished goods	$ 1,933,428	$ 1,986,005
Work in process	169,030	160,757
Raw materials	627,418	647,003
Total inventories	$ 2,729,876	$ 2,793,765

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Goodwill (Details)	3 Months Ended
	Apr. 01, 2023 USD ($)
Goodwill [Roll Forward]
Goodwill, net, beginning balance	$ 1,927,759,000
Goodwill adjustments related to acquisitions	(1,145,000)
Goodwill recognized during the period	86,786,000
Currency translation during the period	9,057,000
Goodwill, net, ending balance	2,022,457,000
Operating segments
Goodwill [Roll Forward]
Impairment loss	2,015,939,000
Operating segments \| Global Ceramic
Goodwill [Roll Forward]
Goodwill, net, beginning balance	339,834,000
Goodwill adjustments related to acquisitions	0
Goodwill recognized during the period	86,786,000
Currency translation during the period	(1,511,000)
Goodwill, net, ending balance	425,109,000
Impairment loss	1,220,444,000
Operating segments \| Flooring NA
Goodwill [Roll Forward]
Goodwill, net, beginning balance	591,985,000
Goodwill adjustments related to acquisitions	(1,145,000)
Goodwill recognized during the period	0
Currency translation during the period	0
Goodwill, net, ending balance	590,840,000
Impairment loss	343,054,000
Operating segments \| Flooring ROW
Goodwill [Roll Forward]
Goodwill, net, beginning balance	995,940,000
Goodwill adjustments related to acquisitions	0
Goodwill recognized during the period	0
Currency translation during the period	10,568,000
Goodwill, net, ending balance	1,006,508,000
Impairment loss	$ 452,441,000

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Indefinite Life Assets Not Subject to Amortization (Details) - Tradenames $ in Thousands	3 Months Ended
	Apr. 01, 2023 USD ($)
Indefinite-lived Intangible Assets [Roll Forward]
Balance as of December 31, 2022	$ 668,328
Intangible assets acquired during the period	38,539
Currency translation during the period	661
Balance as of April 1, 2023	$ 707,528

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Intangible Assets Subject to Amortization (Details) - USD ($) $ in Thousands	Apr. 01, 2023	Dec. 31, 2022
Finite-lived Intangible Assets [Roll Forward]
Gross carrying amount	$ 934,578	$ 924,186
Accumulated amortization	(749,042)	(734,566)
Net value	185,536	189,620
Customer relationships
Finite-lived Intangible Assets [Roll Forward]
Gross carrying amount	680,715	673,586
Accumulated amortization	(504,447)	(493,361)
Net value	176,268	180,225
Patents
Finite-lived Intangible Assets [Roll Forward]
Gross carrying amount	245,258	242,089
Accumulated amortization	(242,296)	(239,010)
Net value	2,962	3,079
Other
Finite-lived Intangible Assets [Roll Forward]
Gross carrying amount	8,605	8,511
Accumulated amortization	(2,299)	(2,195)
Net value	$ 6,306	$ 6,316

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Intangible Assets Amortization Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 7,169	$ 7,173

Accounts Payable and Accrued _3

Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Thousands	Apr. 01, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Outstanding checks in excess of cash	$ 1,653	$ 2,791
Accounts payable, trade	1,211,652	1,094,038
Accrued expenses	657,915	742,099
Product warranties	39,572	38,425
Accrued interest	16,849	8,748
Accrued compensation and benefits	227,771	238,347
Total accounts payable and accrued expenses	$ 2,155,412	$ 2,124,448

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) $ in Thousands	3 Months Ended
	Apr. 01, 2023 USD ($)
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Beginning balance	$ 8,017,914
Current period other comprehensive income (loss)	6,433
Ending balance	8,105,706
Foreign currency translation adjustments
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Beginning balance	(1,114,629)
Current period other comprehensive income (loss)	6,929
Ending balance	(1,107,700)
Prior pension and post- retirement benefit service cost and actuarial gain (loss)
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Beginning balance	371
Current period other comprehensive income (loss)	(496)
Ending balance	(125)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Beginning balance	(1,114,258)
Ending balance	$ (1,107,825)

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - RSUs - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Number of shares granted in period (in shares)	231,000	189,000
Weighted-average grant-date fair value (in usd per share)	$ 103.02	$ 137.99
Recognized stock-based compensation costs	$ 5,033	$ 5,655
Recognized stock-based compensation costs, net of tax	3,724	$ 4,184
Pre-tax unrecognized compensation expense, net of forfeitures	$ 31,830
Recognized expense over a weighted-average period (years)	2 years 1 month 28 days

Other (Income) Expense, net (De

Other (Income) Expense, net (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Other Nonoperating Income (Expense) [Abstract]
Foreign currency (gains) losses, net	$ 4,954	$ 736
Release of indemnification asset	0	7,212
All other, net	(5,520)	(5,510)
Total other (income) expense, net	$ (566)	$ 2,438

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Apr. 01, 2023	Apr. 02, 2022
Income Tax Disclosure [Abstract]
Income tax expense	$ 28,943	$ 61,448
Earnings (loss) before income taxes	$ 109,219	$ 306,882
Effective tax rate	26.50%	20%

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 8,017,914	$ 8,428,216
Beginning balance (in shares)	70,875
Beginning balance, treasury stock (in shares)	(7,341)
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards	$ (3,793)	(3,215)
Stock-based compensation expense	5,033	5,655
Repurchases of common stock		(306,577)
Net earnings attributable to noncontrolling interests	38	105
Currency translation adjustment on non-controlling interests	(57)	(263)
Purchase of noncontrolling interest	(100)
Currency translation adjustment	6,929	(82,184)
Prior pension and post-retirement benefit service cost and actuarial gain	(496)	537
Net earnings	80,238	245,329
Ending balance	$ 8,105,706	8,287,603
Ending balance (in shares)	71,017
Ending balance, treasury stock (in shares)	(7,338)
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 709	$ 729
Beginning balance (in shares)	70,875	72,952
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards	$ 1	$ 1
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards (in shares)	142	105
Repurchases of common stock		$ (21)
Repurchases of common stock (in shares)		(2,177)
Ending balance	$ 710	$ 709
Ending balance (in shares)	71,017	70,880
Additional Paid-in Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 1,930,789	$ 1,911,131
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards	(3,888)	(3,268)
Stock-based compensation expense	5,033	5,655
Purchase of noncontrolling interest	53
Ending balance	1,931,987	1,913,518
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	7,409,760	7,692,064
Repurchases of common stock		(306,556)
Net earnings	80,238	245,329
Ending balance	7,489,998	7,630,837
Accumulated Other Comprehensive Income (Loss)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(1,114,258)	(966,952)
Currency translation adjustment	6,929	(82,184)
Prior pension and post-retirement benefit service cost and actuarial gain	(496)	537
Ending balance	(1,107,825)	(1,048,599)
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ (215,491)	$ (215,547)
Beginning balance, treasury stock (in shares)	(7,341)	(7,343)
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards	$ 94	$ 52
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards (in shares)	3	2
Ending balance	$ (215,397)	$ (215,495)
Ending balance, treasury stock (in shares)	(7,338)	(7,341)
Nonredeemable Noncontrolling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 6,405	$ 6,791
Net earnings attributable to noncontrolling interests	38	105
Currency translation adjustment on non-controlling interests	(57)	(263)
Purchase of noncontrolling interest	(153)
Ending balance	$ 6,233	$ 6,633

Earnings_Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Earnings Per Share [Abstract]
Net earnings attributable to Mohawk Industries, Inc.	$ 80,238	$ 245,329
Weighted-average common shares outstanding—basic and diluted:
Weighted-average common shares outstanding-basic (in shares)	63,582	64,686
Add weighted-average dilutive potential common shares-options to purchase common shares and RSUs, net (in shares)	264	284
Weighted-average common shares outstanding-diluted (in shares)	63,846	64,970
Earnings per share attributable to Mohawk Industries, Inc.
Basic (in usd per share)	$ 1.26	$ 3.79
Diluted (in usd per share)	$ 1.26	$ 3.78

Segment Reporting (Details)

Segment Reporting (Details) $ in Thousands	3 Months Ended
Segment Reporting (Details) $ in Thousands	Apr. 01, 2023 USD ($) segment	Apr. 02, 2022 USD ($)	Dec. 31, 2022 USD ($)
Segment Reporting [Abstract]
Number of reportable segments \| segment	3
Segment Reporting Information [Line Items]
Net sales	$ 2,806,223	$ 3,015,663
Operating (loss) income	125,790	320,801
Assets	14,763,457		$ 14,120,432
Global Ceramic
Segment Reporting Information [Line Items]
Net sales		1,064,757
Flooring NA
Segment Reporting Information [Line Items]
Net sales		1,071,910
Flooring ROW
Segment Reporting Information [Line Items]
Net sales		878,996
Operating segments \| Global Ceramic
Segment Reporting Information [Line Items]
Net sales	1,059,334	1,064,757
Operating (loss) income	63,317	100,338
Assets	5,499,366		4,841,310
Operating segments \| Flooring NA
Segment Reporting Information [Line Items]
Net sales	953,417	1,071,910
Operating (loss) income	(2,013)	95,324
Assets	4,265,140		4,299,360
Operating segments \| Flooring ROW
Segment Reporting Information [Line Items]
Net sales	793,472	878,996
Operating (loss) income	75,245	134,650
Assets	4,314,799		4,275,519
Corporate and intersegment eliminations
Segment Reporting Information [Line Items]
Operating (loss) income	(10,759)	$ (9,511)
Assets	$ 684,152		$ 704,243

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Thousands						10 Months Ended	13 Months Ended
Commitments and Contingencies (Details) $ in Thousands	Dec. 13, 2022 USD ($)	May 19, 2022 complaint	Jan. 28, 2022 complaint	Oct. 05, 2021 complaint	Jun. 28, 2021 complaint	Apr. 26, 2022 complaint	May 11, 2022 complaint
Schedule Of Commitments And Contingencies [Line Items]
Settlement amount \| $	$ 60,000
Number of complaints							5
Pending litigation
Schedule Of Commitments And Contingencies [Line Items]
Number of class action lawsuits						3
Georgia State Court Investor Actions
Schedule Of Commitments And Contingencies [Line Items]
Number of complaints					4
Georgia State Court Investor Actions \| Pending litigation
Schedule Of Commitments And Contingencies [Line Items]
Number of complaints		4		4
Georgia State Court Investor Actions \| Partially granted and denied litigation
Schedule Of Commitments And Contingencies [Line Items]
Number of complaints			4

Debt - Senior Credit Facility (

Debt - Senior Credit Facility (Details)			3 Months Ended
Debt - Senior Credit Facility (Details)	Aug. 12, 2022 USD ($)	Oct. 18, 2019 time	Apr. 01, 2023 USD ($)	Oct. 18, 2024 USD ($)	Dec. 31, 2022 USD ($)
Secured Credit Facility
Line of Credit Facility [Line Items]
Extension period multiplier (in times) \| time		2
Extension period		1 year
Consolidated interest coverage ratio		3
Unamortized financing costs					$ 2,663,000
Utilized borrowings under credit facility			$ 1,325,099,000
Available amount under credit facility			624,901,000
Secured Credit Facility \| Borrowings
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility			362,138,000
Secured Credit Facility \| Standby letters of credit
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility			$ 19,951,000
2022 Amended Senior Secured Credit Facility
Line of Credit Facility [Line Items]
Consolidated interest coverage ratio	3.50
Maximum borrowing capacity under credit facility	$ 1,950,000,000
Maximum commitment amount	$ 600,000,000
Commitment fee percentage			0.11%
Unamortized financing costs					$ 1,879,000
2022 Amended Senior Secured Credit Facility \| Forecast
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility				$ 1,485,000,000
2022 Amended Senior Secured Credit Facility \| Secured Overnight Financing Rate (SOFR)
Line of Credit Facility [Line Items]
Basis spread on debt instrument (as a percent)	0.10%		1.13%
2022 Amended Senior Secured Credit Facility \| Federal Funds Effective Swap Rate
Line of Credit Facility [Line Items]
Basis spread on debt instrument (as a percent)	0.50%
2022 Amended Senior Secured Credit Facility \| Monthly LIBOR
Line of Credit Facility [Line Items]
Basis spread on debt instrument (as a percent)	1%		0.13%
2022 Amended Senior Secured Credit Facility \| Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage	0.09%
2022 Amended Senior Secured Credit Facility \| Minimum \| Secured Overnight Financing Rate (SOFR)
Line of Credit Facility [Line Items]
Basis spread on debt instrument (as a percent)	1%
2022 Amended Senior Secured Credit Facility \| Minimum \| Monthly LIBOR
Line of Credit Facility [Line Items]
Basis spread on debt instrument (as a percent)	0%
2022 Amended Senior Secured Credit Facility \| Minimum \| Foreign Currencies Rate
Line of Credit Facility [Line Items]
Basis spread on debt instrument (as a percent)	1%
2022 Amended Senior Secured Credit Facility \| Minimum \| Base Rate
Line of Credit Facility [Line Items]
Basis spread on debt instrument (as a percent)	0%
2022 Amended Senior Secured Credit Facility \| Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage	0.20%
2022 Amended Senior Secured Credit Facility \| Maximum \| Secured Overnight Financing Rate (SOFR)
Line of Credit Facility [Line Items]
Basis spread on debt instrument (as a percent)	1.75%
2022 Amended Senior Secured Credit Facility \| Maximum \| Monthly LIBOR
Line of Credit Facility [Line Items]
Basis spread on debt instrument (as a percent)	0.75%
2022 Amended Senior Secured Credit Facility \| Maximum \| Foreign Currencies Rate
Line of Credit Facility [Line Items]
Basis spread on debt instrument (as a percent)	1.75%
2022 Amended Senior Secured Credit Facility \| Maximum \| Base Rate
Line of Credit Facility [Line Items]
Basis spread on debt instrument (as a percent)	0.75%

Debt - Commercial Paper (Detail

Debt - Commercial Paper (Details) - USD ($)			3 Months Ended
Debt - Commercial Paper (Details) - USD ($)	Jul. 31, 2015	Feb. 28, 2014	Apr. 01, 2023	Dec. 31, 2022	Oct. 18, 2019
United States \| Carrying Value
Line of Credit Facility [Line Items]
Commercial paper			$ 812,900,000	$ 785,998,000
United States \| Commercial paper
Line of Credit Facility [Line Items]
Maturity period of debt		397 days
Maximum borrowing capacity under credit facility					$ 1,950,000,000
United States \| Commercial paper \| Carrying Value
Line of Credit Facility [Line Items]
Maturity period of debt			20 years 3 months 18 days
Weighted average interest rate on debt (as a percent)			5.38%
Europe \| Carrying Value
Line of Credit Facility [Line Items]
Commercial paper			$ 130,110,000	$ 42,808,000
Europe \| Commercial paper
Line of Credit Facility [Line Items]
Maturity period of debt	183 days
Europe \| Commercial paper \| Carrying Value
Line of Credit Facility [Line Items]
Maturity period of debt			10 years 6 months
Weighted average interest rate on debt (as a percent)			2.78%

Debt - Senior Notes (Details)

Debt - Senior Notes (Details)	Jun. 12, 2020 USD ($)	May 14, 2020 USD ($)	Jan. 31, 2013 USD ($)	Nov. 01, 2022	Jun. 12, 2020 EUR (€)
1.750% Senior Notes Due June 12, 2027
Debt Instrument [Line Items]
Aggregate principal amount of debts \| €					€ 500,000,000
Interest rate (as a percent)					1.75%
Payment of financing costs	$ 4,400,000
3.625% Senior Notes Due May 15, 2030
Debt Instrument [Line Items]
Aggregate principal amount of debts		$ 500,000,000
Interest rate (as a percent)		3.625%
Payment of financing costs		$ 5,476,000
3.85% Senior Notes Due February 1, 2023
Debt Instrument [Line Items]
Aggregate principal amount of debts			$ 600,000,000
Interest rate (as a percent)			3.85%	3.85%
Payment of financing costs			$ 6,000,000

Debt - Term Loan (Details)

Debt - Term Loan (Details) - Secured debt				3 Months Ended	12 Months Ended
Debt - Term Loan (Details) - Secured debt	Dec. 06, 2022 EUR (€)	Oct. 31, 2022 USD ($)	Aug. 12, 2022 USD ($)	Apr. 01, 2023	Dec. 31, 2022 USD ($)	Aug. 12, 2022 EUR (€)
Term Loan One
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 575,000,000
Line of credit facility, maximum amount outstanding during period		$ 675,000,000
Payments of financing costs					$ 664,000
Term Loan Two
Debt Instrument [Line Items]
Maximum borrowing capacity \| €						€ 220,000,000
Line of credit facility, maximum amount outstanding during period \| €	€ 220,000,000
Term loan
Debt Instrument [Line Items]
Consolidated interest coverage ratio			3.5			3.5
Term loan \| Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on debt instrument (as a percent)			0.10%
Term loan \| Federal Funds Effective Swap Rate
Debt Instrument [Line Items]
Basis spread on debt instrument (as a percent)			0.50%
Term loan \| Monthly SOFR
Debt Instrument [Line Items]
Basis spread on debt instrument (as a percent)			1%
Term loan \| Minimum \| Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on debt instrument (as a percent)			0.825%	0.90%
Term loan \| Minimum \| Base Rate
Debt Instrument [Line Items]
Basis spread on debt instrument (as a percent)			0%	0%
Term loan \| Minimum \| Euro Interbank Offered Rate (EURIBOR)
Debt Instrument [Line Items]
Basis spread on debt instrument (as a percent)			0.825%
Term loan \| Maximum \| Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on debt instrument (as a percent)			1.50%
Term loan \| Maximum \| Base Rate
Debt Instrument [Line Items]
Basis spread on debt instrument (as a percent)			0.50%
Term loan \| Maximum \| Euro Interbank Offered Rate (EURIBOR)
Debt Instrument [Line Items]
Basis spread on debt instrument (as a percent)			1.50%

Debt - Fair Value and Carrying

Debt - Fair Value and Carrying Value of Debt Instruments (Details) - USD ($) $ in Thousands	Apr. 01, 2023	Dec. 31, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Less current portion of long term-debt and commercial paper	$ 1,056,473	$ 840,571
1.750% Senior Notes, payable June 12, 2027; interest payable annually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate (as a percent)	1.75%
3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate (as a percent)	3.625%
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Finance leases and other	$ 67,719	52,050
Unamortized debt issuance costs	(6,914)	(7,270)
Total debt	3,233,315	2,697,775
Less current portion of long term-debt and commercial paper	1,056,473	840,571
Long-term debt, less current portion	2,176,842	1,857,204
Fair Value \| United States
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper	812,900	785,998
Term Loan Facility	675,000	675,000
Fair Value \| Europe
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper	130,110	42,808
Term Loan Facility	238,534	235,445
Fair Value \| 1.750% Senior Notes, payable June 12, 2027; interest payable annually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	499,127	482,139
Fair Value \| 3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	454,700	431,605
Fair Value \| Senior credit facility, payable August 12, 2027
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	362,139	0
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Finance leases and other	67,719	52,050
Unamortized debt issuance costs	(6,914)	(7,270)
Total debt	3,321,611	2,819,134
Less current portion of long term-debt and commercial paper	1,056,473	840,571
Long-term debt, less current portion	2,265,138	1,978,563
Carrying Value \| United States
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper	812,900	785,998
Term Loan Facility	675,000	675,000
Carrying Value \| Europe
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper	130,110	42,808
Term Loan Facility	238,534	235,445
Carrying Value \| 1.750% Senior Notes, payable June 12, 2027; interest payable annually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	542,123	535,103
Carrying Value \| 3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	500,000	500,000
Carrying Value \| Senior credit facility, payable August 12, 2027
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	$ 362,139	$ 0

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Net cash paid during the periods for:
Interest	$ 14,222	$ 12,737
Income taxes	8,592	52,469
Supplemental schedule of non-cash investing and financing activities:
Unpaid property plant and equipment in accounts payable and accrued expenses	87,990	81,633
ROU assets obtained in exchange for lease obligations:
Operating leases	38,026	21,769
Finance leases	$ 6,327	$ 4,710

Subsequent Events (Details)

Subsequent Events (Details)	Apr. 02, 2023 USD ($)
Secured debt \| Term loan \| Subsequent event
Subsequent Event [Line Items]
Additional borrowing capacity	$ 100,000,000