$MLI
MUELLER INDUSTRIES INC

2023 Q4 Form 10-Q Financial Statement

#000008943923000070 Filed on October 25, 2023

View on sec.gov

Income Statement

Concept 2023 Q4
Revenue $732.4M
YoY Change -16.55%
Cost Of Revenue $536.4M
YoY Change -13.6%
Gross Profit $196.0M
YoY Change -23.67%
Gross Profit Margin 26.76%
Selling, General & Admin $51.18M
YoY Change -7.99%
% of Gross Profit 26.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.724M
YoY Change -10.19%
% of Gross Profit 4.96%
Operating Expenses $60.43M
YoY Change -8.94%
Operating Profit $135.6M
YoY Change -28.81%
Interest Expense $34.43M
YoY Change -24011.11%
% of Operating Profit 25.4%
Other Income/Expense, Net $673.0K
YoY Change -92.33%
Pretax Income $177.9M
YoY Change -4.34%
Income Tax $46.44M
% Of Pretax Income 26.11%
Net Earnings $119.2M
YoY Change -14.16%
Net Earnings / Revenue 16.28%
Basic Earnings Per Share $1.07
Diluted Earnings Per Share $1.05
COMMON SHARES
Basic Shares Outstanding 113.5M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.269B
YoY Change 86.93%
Cash & Equivalents $1.171B
Short-Term Investments $98.15M
Other Short-Term Assets $39.17M
YoY Change 47.82%
Inventory $380.2M
Prepaid Expenses
Receivables $351.6M
Other Receivables $0.00
Total Short-Term Assets $2.040B
YoY Change 32.93%
LONG-TERM ASSETS
Property, Plant & Equipment $420.3M
YoY Change 10.63%
Goodwill $151.8M
YoY Change -3.66%
Intangibles $46.21M
YoY Change -15.66%
Long-Term Investments $83.44M
YoY Change 15.3%
Other Assets $298.9M
YoY Change 1382.35%
Total Long-Term Assets $719.3M
YoY Change 1.63%
TOTAL ASSETS
Total Short-Term Assets $2.040B
Total Long-Term Assets $719.3M
Total Assets $2.759B
YoY Change 23.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $120.5M
YoY Change -5.87%
Accrued Expenses $7.893M
YoY Change 59.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $796.0K
YoY Change -1.85%
Total Short-Term Liabilities $317.1M
YoY Change -8.95%
LONG-TERM LIABILITIES
Long-Term Debt $185.0K
YoY Change -84.81%
Other Long-Term Liabilities $64.13M
YoY Change 292.24%
Total Long-Term Liabilities $64.31M
YoY Change 266.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $317.1M
Total Long-Term Liabilities $64.31M
Total Liabilities $421.9M
YoY Change -1.54%
SHAREHOLDERS EQUITY
Retained Earnings $2.594B
YoY Change 25.95%
Common Stock $1.604M
YoY Change 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $523.4M
YoY Change 4.1%
Treasury Stock Shares
Shareholders Equity $2.337B
YoY Change
Total Liabilities & Shareholders Equity $2.759B
YoY Change 23.05%

Cashflow Statement

Concept 2023 Q4
OPERATING ACTIVITIES
Net Income $119.2M
YoY Change -14.16%
Depreciation, Depletion And Amortization $9.724M
YoY Change -10.19%
Cash From Operating Activities $174.3M
YoY Change -15.83%
INVESTING ACTIVITIES
Capital Expenditures $14.52M
YoY Change 79.68%
Acquisitions
YoY Change
Other Investing Activities $55.50M
YoY Change -125.5%
Cash From Investing Activities $40.98M
YoY Change -118.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.51M
YoY Change 19.4%
NET CHANGE
Cash From Operating Activities 174.3M
Cash From Investing Activities 40.98M
Cash From Financing Activities -25.51M
Net Change In Cash 189.7M
YoY Change -573.55%
FREE CASH FLOW
Cash From Operating Activities $174.3M
Capital Expenditures $14.52M
Free Cash Flow $159.7M
YoY Change -19.71%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q3 mli Insured Event Gain Loss Per Diluted Share After Tax
InsuredEventGainLossPerDilutedShareAfterTax
0.13
CY2023Q3 ecd Trd Arr Duration
TrdArrDuration
P641D
CY2023Q3 us-gaap Interest Expense
InterestExpense
230000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
361000 usd
us-gaap Interest Expense
InterestExpense
508000 usd
CY2023Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-2371000 usd
CY2022Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
18449000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
-93000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
324000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-15000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 usd
CY2023Q3 mli Other Comprehensive Income Loss Attributable To Unconsolidated Affiliates Tax
OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax
-64000 usd
CY2023Q3 mli Other Comprehensive Income Loss Attributable To Unconsolidated Affiliates Net Of Tax Including Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
222000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8532000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
127177000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3280000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
123897000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
979790000 usd
CY2023Q3 us-gaap Short Term Investments
ShortTermInvestments
124680000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2918000 usd
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
409187000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
391740000 usd
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
31373000 usd
CY2023Q3 us-gaap Assets Current
AssetsCurrent
1936770000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
376678000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
33898000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
150921000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
46798000 usd
CY2023Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
97025000 usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
21651000 usd
CY2023Q3 us-gaap Assets
Assets
2663741000 usd
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
556000 usd
CY2023Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
141930000 usd
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
49065000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7431000 usd
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
123523000 usd
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
322505000 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1301000 usd
CY2023Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
3797000 usd
CY2023Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
9131000 usd
CY2023Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
15420000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
18502000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25793000 usd
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
16063000 usd
CY2023Q3 us-gaap Liabilities
Liabilities
412512000 usd
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1.00
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
160366008 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
113528010 shares
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
802000 usd
CY2023Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
313647000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2492157000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-55061000 usd
CY2023Q3 us-gaap Treasury Stock Value
TreasuryStockValue
530304000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2221241000 usd
CY2023Q3 us-gaap Minority Interest
MinorityInterest
29988000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2251229000 usd
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2663741000 usd
us-gaap Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
9854000 usd
us-gaap Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
1646000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
106000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
7107000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
4137000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
18449000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
5934000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Insured Event Gain Loss
InsuredEventGainLoss
19466000 usd
us-gaap Insured Event Gain Loss
InsuredEventGainLoss
0 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3803000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
226000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
36855000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-15741000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-53372000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
33768000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
12897000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8574000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-25503000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-5331000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1828000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-7399000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-3475000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
923000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
498490000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
516912000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
39469000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
29555000 usd
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
3999000 usd
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
24646000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
3354000 usd
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
106231000 usd
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 usd
us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
217863000 usd
us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
0 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
214000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7841000 usd
mli Proceeds Dividends From Unconsolidated Affiliates
ProceedsDividendsFromUnconsolidatedAffiliates
1093000 usd
mli Proceeds Dividends From Unconsolidated Affiliates
ProceedsDividendsFromUnconsolidatedAffiliates
2091000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
94117000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16269000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
50133000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
41876000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
19303000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
38054000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
185000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
148000 usd
mli Proceeds From Issuance Repayments Of Debt By Consolidated Joint Ventures
ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures
-265000 usd
mli Proceeds From Issuance Repayments Of Debt By Consolidated Joint Ventures
ProceedsFromIssuanceRepaymentsOfDebtByConsolidatedJointVentures
406000 usd
mli Payments For Settlement Of Stock Based Awards
PaymentsForSettlementOfStockBasedAwards
9113000 usd
mli Payments For Settlement Of Stock Based Awards
PaymentsForSettlementOfStockBasedAwards
1619000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-78999000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-81291000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2312000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-10310000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
515920000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
409042000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
465296000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90376000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
981216000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
499418000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
620817000 usd
us-gaap Interest Expense
InterestExpense
508000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
24566000 usd
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2023Q3 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
2
CY2023Q3 mli Stock Dividend Issued
StockDividendIssued
1 shares
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
819792000 usd
CY2023Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
579058000 usd
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9631000 usd
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
48295000 usd
CY2023Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
4137000 usd
CY2023Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
5934000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
181011000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
230000 usd
CY2023Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
10599000 usd
CY2023Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-2371000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-44000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
188965000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
944830000 usd
CY2022Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
678637000 usd
CY2022Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10850000 usd
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
50178000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
205165000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
361000 usd
CY2022Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1356000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-326000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
205834000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2687968000 usd
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
1897128000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30704000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
156988000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
4137000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
5934000 usd
us-gaap Insured Event Gain Loss
InsuredEventGainLoss
19466000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
18449000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4033000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
667357000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3104874000 usd
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
2244062000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32993000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
146590000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
5507000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
686736000 usd
us-gaap Interest Expense
InterestExpense
666000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
1619000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2394000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
690083000 usd
CY2023Q3 us-gaap Assets
Assets
2663741000 usd
CY2022Q4 us-gaap Assets
Assets
2242399000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
819792000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
944830000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2687968000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3104874000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
979790000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
461018000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1324000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
4176000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
102000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
102000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
981216000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
465296000 usd
CY2023Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
107081000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
133189000 usd
CY2023Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
68737000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
64177000 usd
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
226255000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
265842000 usd
CY2023Q3 us-gaap Inventory Adjustments
InventoryAdjustments
10333000 usd
CY2022Q4 us-gaap Inventory Adjustments
InventoryAdjustments
14289000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
391740000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
448919000 usd
CY2023Q3 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
1300000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
4000000 usd
mli Term Of Guarantees
TermOfGuarantees
P1Y
CY2023Q3 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
28700000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.27
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.25
CY2023Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
6500000 usd
CY2023Q3 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
6100000 usd
CY2023Q3 mli Effective Income Tax Rate Reconciliation Other Adjustment Amount
EffectiveIncomeTaxRateReconciliationOtherAdjustmentAmount
1500000 usd
CY2022Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
7300000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.26
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.25
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
21500000 usd
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
10700000 usd
mli Effective Income Tax Rate Reconciliation Other Adjustment Amount
EffectiveIncomeTaxRateReconciliationOtherAdjustmentAmount
2000000 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
24200000 usd
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
4300000 usd
CY2023Q3 mli Proceeds From Insurance Settlement Gross
ProceedsFromInsuranceSettlementGross
29500000 usd
CY2023Q3 mli Insurance Deductible
InsuranceDeductible
250000 usd
CY2023Q3 mli Insured Event Gain Loss Pretax
InsuredEventGainLossPretax
19500000 usd
us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
24500000 usd
us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
5000000 usd
CY2023Q3 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
10000000 usd
CY2023Q3 mli Insurance Advances Net
InsuranceAdvancesNet
1400000 usd

Files In Submission

Name View Source Status
mli-20230930_cal.xml Edgar Link unprocessable
0000089439-23-000070-index-headers.html Edgar Link pending
0000089439-23-000070-index.html Edgar Link pending
0000089439-23-000070.txt Edgar Link pending
0000089439-23-000070-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mli-20230930.htm Edgar Link pending
mli-20230930.xsd Edgar Link pending
mli-20230930_g1.jpg Edgar Link pending
mli-20230930_g2.jpg Edgar Link pending
q32023exhibit311.htm Edgar Link pending
q32023exhibit312.htm Edgar Link pending
q32023exhibit321.htm Edgar Link pending
q32023exhibit322.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
mli-20230930_def.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
mli-20230930_pre.xml Edgar Link unprocessable
mli-20230930_lab.xml Edgar Link unprocessable
mli-20230930_htm.xml Edgar Link completed
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending