Mohawk Industries (MHK) 10-Q 5 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 01, 2017	May 03, 2017
Document And Entity Information [Abstract]
Entity Registrant Name	MOHAWK INDUSTRIES INC
Entity Central Index Key	851,968
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Apr. 1, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		74,320,034

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 01, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 188,436	$ 121,665
Receivables, net	1,497,908	1,376,151
Inventories	1,740,880	1,675,751
Prepaid expenses	279,153	267,724
Other current assets	28,605	30,221
Total current assets	3,734,982	3,471,512
Property, plant and equipment	6,459,487	6,243,775
Less: accumulated depreciation	2,953,333	2,873,427
Property, plant and equipment, net	3,506,154	3,370,348
Goodwill	2,293,107	2,274,426
Tradenames	587,997	580,147
Other intangible assets subject to amortization, net	247,764	254,459
Deferred income taxes and other non-current assets	357,513	279,704
Total assets	10,727,517	10,230,596
Current liabilities:
Short-term debt and current portion of long-term debt	1,497,986	1,382,738
Accounts payable and accrued expenses	1,330,341	1,335,582
Total current liabilities	2,828,327	2,718,320
Deferred income taxes	385,398	361,416
Long-term debt, less current portion	1,132,268	1,128,747
Other long-term liabilities	292,499	214,930
Total liabilities	4,638,492	4,423,413
Commitments and contingencies (Note 13)
Redeemable noncontrolling interest	24,201	23,696
Stockholders’ equity:
Preferred stock, $.01 par value; 60 shares authorized; no shares issued	0	0
Common stock, $.01 par value; 150,000 shares authorized; 81,652 and 81,519 shares issued in 2017 and 2016, respectively	817	815
Additional paid-in capital	1,788,883	1,791,540
Retained earnings	5,233,468	5,032,914
Accumulated other comprehensive loss	(749,986)	(833,027)
Stockholders' equity before treasury stock	6,273,182	5,992,242
Less treasury stock at cost; 7,350 and 7,351 shares in 2017 and 2016, respectively	215,770	215,791
Total Mohawk Industries, Inc. stockholders' equity	6,057,412	5,776,451
Nonredeemable noncontrolling interest	7,412	7,036
Total stockholders' equity	6,064,824	5,783,487
Total liabilities and stockholders' equity	$ 10,727,517	$ 10,230,596

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Apr. 01, 2017	Dec. 31, 2016
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)	81,652,000	81,519,000
Treasury stock, shares (in shares)	7,350,000	7,351,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 01, 2017	Apr. 02, 2016
Income Statement [Abstract]
Net sales	$ 2,220,645	$ 2,172,046
Cost of sales	1,540,292	1,532,367
Gross profit	680,353	639,679
Selling, general and administrative expenses	405,569	394,007
Operating income	274,784	245,672
Interest expense	8,202	12,301
Other (income) expense, net	(2,832)	3,429
Earnings before income taxes	269,414	229,942
Income tax expense	68,358	57,825
Net earnings including noncontrolling interests	201,056	172,117
Net income attributable to noncontrolling interests	502	569
Net earnings attributable to Mohawk Industries, Inc.	$ 200,554	$ 171,548
Basic earnings per share attributable to Mohawk Industries, Inc.
Basic earnings per share attributable to Mohawk Industries, Inc. (in usd per share)	$ 2.70	$ 2.32
Weighted-average common shares outstanding-basic (in shares)	74,212	73,976
Diluted earnings per share attributable to Mohawk Industries, Inc.
Diluted earnings per share attributable to Mohawk Industries, Inc. (in usd per share)	$ 2.68	$ 2.30
Weighted-average common shares outstanding-diluted (in shares)	74,754	74,490

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2017	Apr. 02, 2016
Statement of Comprehensive Income [Abstract]
Net earnings including noncontrolling interests	$ 201,056	$ 172,117
Other comprehensive income (loss):
Foreign currency translation adjustments	83,623	120,768
Pension prior service cost and actuarial (loss)	(582)	(20)
Other comprehensive income	83,041	120,748
Comprehensive income	284,097	292,865
Comprehensive income attributable to noncontrolling interests	502	569
Comprehensive income attributable to Mohawk Industries, Inc.	$ 283,595	$ 292,296

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2017	Apr. 02, 2016
Cash flows from operating activities:
Net earnings	$ 201,056	$ 172,117
Adjustments to reconcile net earnings to net cash provided by operating activities:
Restructuring	3,025	5,253
Depreciation and amortization	105,024	100,194
Deferred income taxes	20,194	9,878
Loss on disposal of property, plant and equipment	547	2,332
Stock-based compensation expense	9,467	9,059
Changes in operating assets and liabilities, net of effects of acquisitions:
Receivables, net	(109,761)	(144,119)
Inventories	(51,466)	(23,501)
Other assets and prepaid expenses	(3,005)	24,835
Accounts payable and accrued expenses	(12,188)	(5,251)
Other liabilities	2,989	1,074
Net cash provided by operating activities	165,882	151,871
Cash flows from investing activities:
Additions to property, plant and equipment	(201,270)	(140,833)
Acquisitions, net of cash acquired	(827)	0
Net cash used in investing activities	(202,097)	(140,833)
Cash flows from financing activities:
Payments on Senior Credit Facilities	(185,722)	(175,017)
Proceeds from Senior Credit Facilities	157,957	66,658
Payments on Commercial Paper	(3,155,448)	(7,046,615)
Proceeds from Commercial Paper	3,788,003	7,812,624
Repayment of senior notes	0	(645,555)
Change in asset securitization borrowings	(500,000)	0
Debt issuance costs	(522)	(1,002)
Change in outstanding checks in excess of cash	(1,158)	(1,711)
Shares redeemed for taxes	(12,255)	(10,402)
Proceeds and net tax benefit from stock transactions	13	790
Net cash provided by (used in) financing activities	90,868	(230)
Effect of exchange rate changes on cash and cash equivalents	12,118	5,805
Net change in cash and cash equivalents	66,771	16,613
Cash and cash equivalents, beginning of period	121,665	81,692
Cash and cash equivalents, end of period	$ 188,436	$ 98,305

General

General	3 Months Ended
	Apr. 01, 2017
Accounting Policies [Abstract]
General	General Interim Reporting The 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 2016 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. Hedges of Net Investments in Non-U.S. Operations The Company has numerous investments outside the United States. The net assets of these subsidiaries are exposed to changes and volatility in currency exchange rates. The Company uses foreign currency denominated debt to hedge some of its non-U.S. net investments against adverse movements in exchange rates. The gains and losses on the Company's net investments in its non-U.S. operations are partially economically offset by gains and losses on its foreign currency borrowings. The Company designated its €500,000 2.00% Senior Notes borrowing as a net investment hedge of a portion of its European operations. For the three months ended April 1, 2017 , the change in the U.S. dollar value of the Company's euro denominated debt was an increase of $6,781 ( $4,238 net of taxes), which is recorded in the foreign currency translation adjustment component of other comprehensive income (loss). The increase in the U.S. dollar value of the Company's debt partially offsets the euro-to-dollar translation of the Company's net investment in its European operations. Recent Accounting Pronouncements - Effective in Future Years In May 2014, the FASB issued Accounting Standards Codification ("ASC") 606, Revenue from Contracts with Customers . This topic converges the guidance within U.S. GAAP and International Financial Reporting Standards ("IFRS") and supersedes ASC 605, Revenue Recognition. The new standard requires companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services. The new standard will also result in enhanced disclosures about revenue, provide guidance for transactions that were not previously addressed comprehensively, and improve guidance for multiple-element arrangements. The new guidance is effective for annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period and early application is not permitted. On July 9, 2015, the FASB decided to defer the effective date of ASC 606 for one year. The deferral results in the new revenue standard being effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2017. The Company will adopt the provisions of this new accounting standard at the beginning of fiscal year 2018, using the cumulative effect method, and continues to evaluate the impact of the adoption of ASC 606 on its consolidated financial statements. The Company expects to complete its assessment of the impact of adoption of ASC 606 during the first half of 2017. In February 2016, the FASB issued ASU 2016-02, Leases . The amendments in this Update create Topic 842, Leases, and supersede the requirements in Topic 840, Leases. Topic 842 specifies the accounting for leases. The objective of Topic 842 is to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount, timing, and uncertainty of cash flows arising from a lease. The guidance in this update is effective for annual reporting periods beginning after December 15, 2018 including interim periods within that reporting period and early adoption is permitted. The Company plans to adopt the provisions of this update at the beginning of fiscal year 2019. Based on a preliminary assessment, the Company expects the adoption of this guidance to have a material impact on its assets and liabilities due to the recognition of right-of-use assets and lease liabilities on its consolidated balance sheets at the beginning of the earliest period presented. The Company is continuing its assessment, which may identify additional impacts this guidance will have on its consolidated financial statements and disclosures. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of credit losses on financial instruments. Topic 326 amends guidance on reporting credit losses by replacing the current incurred loss model with a forward-looking expected loss model. Current accounting delays the recognition of credit losses until it is probable a loss has been incurred. The update will require a financial asset measured at amortized cost to be presented at the net amount expected to be collected by means of an allowance for credit losses that runs through net income. ASU 2016-13 is effective for annual and interim reporting periods beginning after December 15, 2019. Early adoption is permitted beginning after December 15, 2018. The Company plans to adopt the provisions of this update at the beginning of fiscal year 2020, and is currently assessing the impact on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230). This update clarifies how entities should classify certain cash receipts and cash payments on the statement of cash flows. ASU 2016-15 also clarifies how the predominance principle should be applied when cash receipts and cash payments have aspects of more than one class of cash flows. Additionally, the FASB issued ASU 2016-18 in November 2016 to address the classification and presentation of changes in restricted cash on the statement of cash flows. The guidance in these updates should be applied retrospectively and are effective for fiscal years beginning after December 15, 2017, and interim periods within those years. Early adoption is permitted. The Company plans to adopt the provisions of these updates at the beginning of fiscal year 2018 and is currently assessing the impact on its consolidated statement of cash flows. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the definition of a business. The amendments in this Update clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of businesses. The guidance in this update is effective for fiscal years beginning after December 15, 2017, and interim periods within those years. In January 2017, the FASB also issued ASU 2017-04, Intangibles - Goodwill and other (Topic 350): Simplifying the test for goodwill impairment. The amendments in this Update remove the second step of the current goodwill impairment test. An entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit's carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. The new guidance does not amend the optional qualitative assessment of goodwill impairment. This guidance is effective for impairment tests in fiscal years beginning after December 15, 2019. Recent Accounting Pronouncements - Recently Adopted In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory . This update changes the measurement principle for inventory for entities using FIFO or average cost from the lower of cost or market to lower of cost and net realizable value. Entities that measure inventory using LIFO or the retail inventory method are not affected. This update will more closely align the accounting for inventory under U.S. GAAP with IFRS. The Company currently accounts for inventory using the FIFO method. The Company adopted the provisions of this update at the beginning of fiscal year 2017. This update did not have a material impact on the Company's consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting. This update simplifies several aspects of the accounting for employee share-based payment transactions for both public and nonpublic entities, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. The Company adopted the provisions of this update at the beginning of fiscal year 2017, with the statement of cash flows classifications applied retrospectively. Accordingly, cash paid for shares redeemed for taxes of $10,402 was reclassed to financing activities from operating activities in 2016. Additionally, excess tax benefits are now classified with other tax flows as an operating activity with $3,709 reclassified from financing activities in 2016. The Company has also elected to continue to estimate the number of awards that are expected to vest when accounting for forfeitures.

Acquisitions

Acquisitions	3 Months Ended
	Apr. 01, 2017
Business Combinations [Abstract]
Acquisitions	Acquisitions On January 20, 2017, the Company and its subsidiary, Marazzi Acquisition S.r.l, entered into a share purchase agreement to acquire a ceramic company in Italy for approximately €189,900 , subject to certain adjustments set forth in the share purchase agreement. The Company anticipates product, sales and manufacturing synergies that will enhance its cost position and strengthen its combined brands and distribution. The acquisition was completed on April 4, 2017. The Company has not completed the purchase price allocation for this acquisition.

Restructuring, acquisition and

Restructuring, acquisition and integration-related costs	3 Months Ended
	Apr. 01, 2017
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 and workforce reductions. Restructuring, acquisition transaction and integration-related costs consisted of the following during the three months ended April 1, 2017 and April 2, 2016 : Three Months Ended April 1, 2017 April 2, 2016 Cost of sales Restructuring costs (a) $ 2,898 5,026 Acquisition integration-related costs (86 ) 822 Restructuring and integration-related costs $ 2,812 5,848 Selling, general and administrative expenses Restructuring costs (a) $ 127 227 Acquisition integration-related costs 1,039 967 Restructuring, acquisition and integration-related costs $ 1,166 1,194 (a) The restructuring costs for 2017 and 2016 primarily relate to the Company's actions taken to lower its cost structure and improve efficiencies of manufacturing and distribution operations as well as actions related to the Company's recent acquisitions. The restructuring activity for the three months ended April 1, 2017 is as follows: Asset write-downs Severance Other restructuring costs Total Balance as of December 31, 2016 $ — 5,183 6,243 11,426 Provision - Global Ceramic segment — — 58 58 Provision - Flooring NA segment 258 — 1,969 2,227 Provision - Flooring ROW segment 43 229 468 740 Cash payments (47 ) (2,971 ) (4,630 ) (7,648 ) Non-cash items (254 ) 15 (136 ) (375 ) Balance as of April 1, 2017 $ — 2,456 3,972 6,428 The Company expects the remaining severance and other restructuring costs to be paid over the next year.

Receivables, net

Receivables, net	3 Months Ended
	Apr. 01, 2017
Receivables [Abstract]
Receivables, net	Receivables, net Receivables, net are as follows: April 1, December 31, Customers, trade $ 1,508,927 1,386,306 Income tax receivable 6,192 8,616 Other 64,029 59,564 1,579,148 1,454,486 Less: allowance for discounts, returns, claims and doubtful accounts 81,240 78,335 Receivables, net $ 1,497,908 1,376,151

Inventories

Inventories	3 Months Ended
	Apr. 01, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories The components of inventories are as follows: April 1, December 31, Finished goods $ 1,207,029 1,127,573 Work in process 147,038 137,310 Raw materials 386,813 410,868 Total inventories $ 1,740,880 1,675,751

Goodwill and intangible assets

Goodwill and intangible assets	3 Months Ended
	Apr. 01, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and intangible assets	Goodwill and intangible assets The components of goodwill and other intangible assets are as follows: Goodwill: Global Ceramic segment Flooring NA segment Flooring ROW segment Total Balance as of December 31, 2016 Goodwill $ 1,482,226 869,764 1,249,861 3,601,851 Accumulated impairment losses (531,930 ) (343,054 ) (452,441 ) (1,327,425 ) $ 950,296 526,710 797,420 2,274,426 Currency translation during the period $ 7,790 — 10,891 18,681 Balance as of April 1, 2017 Goodwill 1,490,016 869,764 1,260,752 3,620,532 Accumulated impairment losses (531,930 ) (343,054 ) (452,441 ) (1,327,425 ) $ 958,086 526,710 808,311 2,293,107 Intangible assets not subject to amortization: Tradenames Balance as of December 31, 2016 $ 580,147 Intangible assets impaired during the period — Currency translation during the period 7,850 Balance as of April 1, 2017 $ 587,997 Intangible assets subject to amortization: During the first quarter of 2017, the Company acquired certain assets of a distribution business in the Flooring ROW segment for $1,407 , resulting in intangible assets subject to amortization of $827 . Gross carrying amounts: Customer Patents Other Total Balance as of December 31, 2016 $ 569,980 234,022 6,330 810,332 Intangible assets recognized or adjusted during the period 827 — — 827 Currency translation during the period 5,049 3,020 73 8,142 Balance as of April 1, 2017 $ 575,856 237,042 6,403 819,301 Accumulated amortization: Customer Patents Other Total Balance as of December 31, 2016 $ 334,276 220,598 999 555,873 Amortization during the period 6,397 3,652 10 10,059 Currency translation during the period 2,762 2,841 2 5,605 Balance as of April 1, 2017 $ 343,435 227,091 1,011 571,537 Intangible assets subject to amortization, net $ 232,421 9,951 5,392 247,764 Three Months Ended April 1, April 2, Amortization expense $ 10,059 9,564

Accounts payable and accrued ex

Accounts payable and accrued expenses	3 Months Ended
	Apr. 01, 2017
Payables and Accruals [Abstract]
Accounts payable and accrued expenses	Accounts payable and accrued expenses Accounts payable and accrued expenses are as follows: April 1, December 31, Outstanding checks in excess of cash $ 11,111 12,269 Accounts payable, trade 780,467 729,415 Accrued expenses 328,612 333,942 Product warranties 46,563 46,347 Accrued interest 6,794 20,396 Accrued compensation and benefits 156,794 193,213 Total accounts payable and accrued expenses $ 1,330,341 1,335,582

Accumulated other comprehensive

Accumulated other comprehensive income (loss)	3 Months Ended
	Apr. 01, 2017
Equity [Abstract]
Accumulated other comprehensive income (loss)	Accumulated other comprehensive income (loss) The changes in accumulated other comprehensive income (loss) by component, net of tax, for the three months ended April 1, 2017 are as follows: Foreign currency translation adjustments Pensions Total Balance as of December 31, 2016 $ (825,354 ) (7,673 ) (833,027 ) Current period other comprehensive income (loss) before reclassifications 83,623 (582 ) 83,041 Balance as of April 1, 2017 $ (741,731 ) (8,255 ) (749,986 )

Stock-based compensation

Stock-based compensation	3 Months Ended
	Apr. 01, 2017
Share-based Compensation [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 the FASB ASC 718-10. Compensation expense is recognized on a straight-line basis over the options’ or other awards’ estimated lives for fixed awards with ratable vesting provisions. The Company granted 153 restricted stock units ("RSUs") at a weighted average grant-date fair value of $226.85 for the three months ended April 1, 2017 . The Company granted 182 RSUs at a weighted average grant-date fair value of $184.88 per unit for the three months ended April 2, 2016 . The Company recognized stock-based compensation costs related to the issuance of RSUs of $9,465 ( $5,743 net of taxes) and $9,049 ( $5,491 net of taxes) for the three months ended April 1, 2017 and April 2, 2016 , 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 $51,948 as of April 1, 2017 , and will be recognized as expense over a weighted-average period of approximately 1.90 years. The Company also recognized stock-based compensation costs related to stock options of $2 ( $1 net of taxes) and $10 ( $6 net of taxes) for the three months ended April 1, 2017 and April 2, 2016 , respectively, which has been allocated to cost of sales and selling, general and administrative expenses.

Other (income) expense, net

Other (income) expense, net	3 Months Ended
	Apr. 01, 2017
Other Nonoperating Income (Expense) [Abstract]
Other (income) expense, net	Other (income) expense, net Other (income) expense, net is as follows: Three Months Ended April 1, April 2, Foreign currency (income) losses, net $ (2,323 ) 5,042 All other, net (509 ) (1,613 ) Total other (income) expense, net $ (2,832 ) 3,429

Earnings per share

Earnings per share	3 Months Ended
	Apr. 01, 2017
Earnings Per Share [Abstract]
Earnings per share	Earnings per share Basic earnings per common share is computed by dividing earnings from continuing operations attributable to Mohawk Industries, Inc. 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 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, April 2, Net earnings attributable to Mohawk Industries, Inc. $ 200,554 171,548 Accretion of redeemable noncontrolling interest — — Net earnings available to common stockholders $ 200,554 171,548 Weighted-average common shares outstanding-basic and diluted: Weighted-average common shares outstanding—basic 74,212 73,976 Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net 542 514 Weighted-average common shares outstanding-diluted 74,754 74,490 Earnings per share attributable to Mohawk Industries, Inc. Basic $ 2.70 2.32 Diluted $ 2.68 2.30

Segment reporting

Segment reporting	3 Months Ended
	Apr. 01, 2017
Segment Reporting [Abstract]
Segment reporting	Segment reporting The Company has three reporting segments: the Global Ceramic segment, the Flooring NA segment and the Flooring ROW segment. The Global Ceramic segment designs, manufactures, sources and markets a broad line of ceramic tile, porcelain tile, natural stone and other products, which it distributes primarily in North America, Europe and Russia through its network of regional distribution centers and Company-operated service centers using company-operated trucks, common carriers or rail transportation. The segment’s product lines are sold through Company-operated service centers, independent distributors, home center retailers, tile and flooring retailers and contractors. The Flooring NA segment designs, manufactures, sources and markets its floor covering product lines, including carpets, rugs, carpet pad, hardwood, laminate and vinyl products, including LVT, which it distributes through its network of regional distribution centers and satellite warehouses using company-operated trucks, common carrier or rail transportation. The segment’s product lines are sold through various selling channels, including independent floor covering retailers, home centers, mass merchandisers, department stores, shop at home, buying groups, commercial dealers and commercial end users. The Flooring ROW segment designs, manufactures, sources, licenses and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard, chipboards, other wood products, sheet vinyl and LVT, which it distributes primarily in Europe and Russia through various selling channels, which include retailers, independent distributors and home centers. 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. Segment information is as follows: Three Months Ended April 1, April 2, Net sales: Global Ceramic segment $ 784,969 773,726 Flooring NA segment 939,496 906,364 Flooring ROW segment 496,180 491,956 Intersegment sales — — $ 2,220,645 2,172,046 Operating income (loss): Global Ceramic segment $ 116,036 99,777 Flooring NA segment 92,142 75,351 Flooring ROW segment 76,095 79,537 Corporate and intersegment eliminations (9,489 ) (8,993 ) $ 274,784 245,672 April 1, December 31, Assets: Global Ceramic segment $ 4,229,183 4,024,859 Flooring NA segment 3,528,062 3,410,856 Flooring ROW segment 2,801,782 2,689,592 Corporate and intersegment eliminations 168,490 105,289 $ 10,727,517 10,230,596

Commitments and contingencies

Commitments and contingencies	3 Months Ended
	Apr. 01, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	Commitments and contingencies The Company is involved in litigation from time to time in the regular course of its business. 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. Gadsden, Alabama Litigation In September 2016, the Water Works and Sewer Board of the City of Gadsden, Alabama (the “Water Board”) filed an individual complaint in the Circuit Court of Etowah County, Alabama against certain manufacturers, suppliers and users of chemicals containing perfluorinated compounds, including the Company. On October 26, 2016, the defendants removed the case to the United States District Court for the Northern District of Alabama, Middle Division, alleging diversity of citizenship and fraudulent joinder. The Water Board filed a motion to remand the case back to the state court and the defendants have opposed the Water Board’s motion. The parties await a ruling from the federal court on the motion to remand. The Company has never manufactured perfluorinated compounds, but purchased them for use in the manufacture of its carpets prior to 2007. The Water Board is not alleging that chemical levels in the Company’s wastewater discharge exceeded legal limits. Instead, the Water Board is seeking lost profits based on allegations that its customers decreased water purchases, reimbursement for the cost of a filter and punitive damages. The Company intends to pursue all available defenses related to this matter. The Company does not believe that the ultimate outcome of this case will have a material adverse effect on its financial condition, but there can be no assurances at this stage that the outcome will not have a material adverse effect on the Company’s results of operations, liquidity or cash flows in a given period. Furthermore, the Company cannot predict whether any additional civil or regulatory actions against it may arise from the allegations in this matter. Belgian Tax Matter In January 2012, the Company received a €23,789 assessment from the Belgian tax authority related to its year ended December 31, 2008, asserting that the Company had understated its Belgian taxable income for that year. The Company filed a formal protest in the first quarter of 2012 refuting the Belgian tax authority's position. The Belgian tax authority set aside the assessment in the third quarter of 2012 and refunded all related deposits, including interest income of €1,583 earned on such deposits. However, on October 23, 2012, the Belgian tax authority notified the Company of its intent to increase the Company's taxable income for the year ended December 31, 2008 under a revised theory. On December 28, 2012, the Belgian tax authority issued assessments for the years ended December 31, 2005 and December 31, 2009, in the amounts of €46,135 and €35,567 , respectively, including penalties, but excluding interest. The Company filed a formal protest during the first quarter of 2013 relating to the new assessments. In September 2013, the Belgian tax authority denied the Company's protests, and the Company has brought these two years before the Court of First Appeal in Bruges. In December 2013, the Belgian tax authority issued additional assessments related to the years ended December 31, 2006, 2007, and 2010, in the amounts of €38,817 , €39,635 , and €43,117 , respectively, including penalties, but excluding interest. The Company filed formal protests during the first quarter of 2014, refuting the Belgian tax authority's position for each of the years assessed. In the quarter ended June 28, 2014, the Company received a formal assessment for the year ended December 31, 2008, totaling €30,131 , against which the Company also submitted its formal protest. All 4 additional years were brought before the Court of First Appeal in November 2014. In January of 2015, the Company met with the Court of First Appeal in Bruges and agreed with the Belgian tax authorities to consolidate and argue the issues regarding the years 2005 and 2009, and apply the ruling to all of the open years (to the extent there are no additional facts/procedural arguments in the other years). On January 27, 2016, the Court of First Appeal in Bruges, Belgium ruled in favor of the Company with respect to the calendar years ending December 31, 2005 and December 31, 2009. On March 9, 2016, the Belgian tax authority lodged its Notification of Appeal with the Ghent Court of Appeal. The Company disagrees with the views of the Belgian tax authority on this matter and will persist in its vigorous defense. Nevertheless, on May 24, 2016, the tax collector representing the Belgian tax authorities imposed a lien on the Company's properties in Wielsbeke (Ooigemstraat and Breestraat), Oostrozebeke (Ingelmunstersteenweg) and Desselgem (Waregemstraat) included in the Flooring ROW segment. The purpose of the lien is to provide security for payment should the Belgian tax authority prevail on its appeal. The lien does not interfere with the Company's operations at these properties. 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 we are unable to estimate the amount or range of loss, if any, in excess of amounts accrued. Although there can be no assurances, 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
	Apr. 01, 2017
Debt Disclosure [Abstract]
Debt	Debt Senior Credit Facility On March 26, 2015, the Company amended and restated its 2013 Senior Credit Facility increasing its size from $1,000,000 to $1,800,000 and extending the maturity from September 25, 2018 to March 26, 2020 (as amended and restated, the "2015 Senior Credit Facility"). The 2015 Senior Credit Facility eliminated certain provisions in the 2013 Senior Credit Facility, including those that: (a) accelerated the maturity date to 90 days prior to the maturity of senior notes due in January 2016 if certain specified liquidity levels were not met; and (b) required that certain subsidiaries guarantee the Company's obligations if the Company’s credit ratings fell below investment grade. The 2015 Senior Credit Facility also modified certain negative covenants to provide the Company with additional flexibility, including flexibility to make acquisitions and incur additional indebtedness. On March 1, 2016, the Company amended the 2015 Senior Credit Facility to, among other things, carve out from the general limitation on subsidiary indebtedness with respect to the issuance of Euro-denominated commercial paper notes by subsidiaries. Additionally, at several points in 2016, the Company extended the maturity date of the 2015 Senior Credit Facility from March 26, 2020 to March 26, 2021. In March 2017, the Company amended the 2015 Senior Credit Facility to extend the maturity date from March 26, 2021 to March 26, 2022 with respect to all but $75,000 of the total amount committed under the 2015 Senior Credit Facility. In April 2017, the Company extended the maturity for an additional $60,000 to March 26, 2022. Of the total amount committed under the 2015 Senior Credit Facility, $1,785,000 now matures on March 26, 2022, and $15,000 matures on March 26, 2021. At the Company's election, revolving loans under the 2015 Senior Credit Facility bear interest at annual rates equal to either (a) LIBOR for 1, 2, 3 or 6 month periods, as selected by the Company, plus an applicable margin ranging between 1.00% and 1.75% ( 1.125% as of April 1, 2017 ), or (b) the higher of the Wells Fargo Bank, National Association prime rate, the Federal Funds rate plus 0.5% , or a monthly LIBOR rate plus 1.0% , plus an applicable margin ranging between 0.00% and 0.75% ( 0.125% as of April 1, 2017 ). The Company also pays a commitment fee to the lenders under the 2015 Senior Credit Facility on the average amount by which the aggregate commitments of the lenders' exceed utilization of the 2015 Senior Credit Facility ranging from 0.10% to 0.225% per annum ( 0.125% as of April 1, 2017 ). 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). The obligations of the Company and its subsidiaries in respect of the 2015 Senior Credit Facility are unsecured. The 2015 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, asset dispositions, dividends and other similar restricted payments, transactions with affiliates, future negative pledges, and changes in the nature of the Company's business. The Company is also required to maintain a Consolidated Interest Coverage Ratio of at least 3.0 to 1.0 and a Consolidated Net Leverage Ratio of no more than 3.75 to 1.0, each as of the last day of any fiscal quarter. The limitations contain customary exceptions or, in certain cases, do not apply as long as the Company is in compliance with the financial ratio requirements and is not otherwise in default. The 2015 Senior Credit Facility also contains customary representations and warranties and events of default, subject to customary grace periods. The Company paid financing costs of $522 in connection with the extension of its 2015 Senior Credit Facility from March 26, 2021 to March 26, 2022. These costs were deferred and, along with unamortized costs of $6,873 are being amortized over the term of the 2015 Senior Credit Facility. As of April 1, 2017 , amounts utilized under the 2015 Senior Credit Facility included $38,615 of borrowings and $380 of standby letters of credit related to various insurance contracts and foreign vendor commitments. The outstanding borrowings of $1,458,328 under the Company's U.S. and European commercial paper programs as of April 1, 2017 reduce the availability of the 2015 Senior Credit Facility. Including commercial paper borrowings, the Company has utilized $1,497,323 under the 2015 Senior Credit Facility resulting in a total of $302,677 available as of April 1, 2017 . 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 days and 183 days, respectively. None of the commercial paper may be voluntarily prepaid or redeemed by the Company and all rank pari passu with all of 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 2015 Senior Credit Facility as a liquidity backstop for its commercial paper programs. Accordingly, the total amount outstanding under all of the Company's commercial paper programs may not exceed $1,800,000 (less any amounts drawn on the 2015 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, 2017 , there was $578,200 outstanding under the U.S. program, and the euro equivalent of $880,128 was outstanding under the European program. The weighted-average interest rate and maturity period for the U.S. program were 1.23% and 19.44 days, respectively. The weighted average interest rate and maturity period for the European program were (0.15)% and 41.59 days, respectively. Senior Notes On June 9, 2015, the Company issued €500,000 aggregate principal amount of 2.00% Senior Notes due January 14, 2022 . The 2.00% Senior Notes are senior unsecured obligations of the Company and rank pari passu with all of the Company’s existing and future unsecured indebtedness. Interest on the 2.00% Senior Notes is payable annually in cash on January 14 of each year. The Company paid financing costs of $4,218 in connection with the 2.00% Senior Notes. These costs were deferred and are being amortized over the term of the 2.00% Senior Notes. On January 31, 2013, the Company issued $600,000 aggregate principal amount of 3.85% Senior Notes due February 1, 2023 . The 3.85% Senior Notes are senior unsecured obligations of the Company and rank pari passu with all the Company's existing and future unsecured indebtedness. Interest on the 3.85% Senior Notes is 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 are being amortized over the term of the 3.85% Senior Notes. On January 17, 2006, the Company issued $900,000 aggregate principal amount of 6.125% Senior Notes due January 15, 2016 . During 2014, the Company purchased for cash $254,445 aggregate principal amount of its outstanding 6.125% Senior Notes due January 15, 2016 . On January 15, 2016 , the Company paid the remaining $645,555 outstanding principal of its 6.125% Senior Notes (plus accrued but unpaid interest) utilizing cash on hand and borrowings under its U.S. commercial paper program Accounts Receivable Securitization On December 19, 2012, the Company entered into a three -year on-balance sheet trade accounts receivable securitization agreement (the "Securitization Facility"). On September 11, 2014, the Company made certain modifications to its Securitization Facility, which modifications, among other things, increased the aggregate borrowings available under the facility from $300,000 to $500,000 and decreased the interest margins on certain borrowings. On December 10, 2015 , the Company amended the terms of the Securitization Facility, reducing the applicable margin and extending the termination date from December 19, 2015 to December 19, 2016 . The Company further amended the terms of the Securitization Facility on December 13, 2016, extending the termination date to December 19, 2017 . The Company paid financing costs of $250 in connection with this extension. These costs were deferred and are being amortized over the remaining term of the Securitization Facility. Under the terms of the Securitization Facility, certain subsidiaries of the Company sell at a discount certain of their trade accounts receivable (the “Receivables”) to Mohawk Factoring, LLC (“Factoring”) on a revolving basis. Factoring is a wholly owned, bankruptcy remote subsidiary of the Company, meaning that Factoring is a separate legal entity whose assets are available to satisfy the claims of the creditors of Factoring only, not the creditors of the Company or the Company’s other subsidiaries. To fund such purchases, Factoring may borrow up to $500,000 based on the amount of eligible Receivables owned by Factoring, and Factoring has granted a security interest in all of such Receivables to the third-party lending group as collateral for such borrowings. Amounts loaned to Factoring under the Securitization Facility bear interest at commercial paper interest rates, in the case of lenders that are commercial paper conduits, or LIBOR, in the case of lenders that are not commercial paper conduits, in each case, plus an applicable margin of 0.70% per annum. Factoring also pays a commitment fee at a per annum rate of 0.30% on the unused amount of each lender’s commitment. At April 1, 2017 , the amount utilized under the Securitization Facility was $0 . The fair values and carrying values of our debt instruments are detailed as follows: April 1, 2017 December 31, 2016 Fair Value Carrying Value Fair Value Carrying Value 3.85% Senior Notes, payable February 1, 2023; interest payable semiannually $ 615,810 600,000 615,006 600,000 2.00% Senior Notes, payable January 14, 2022; interest payable annually 565,285 532,765 556,460 525,984 U.S. commercial paper 578,200 578,200 283,800 283,800 European commercial paper 880,128 880,128 536,503 536,503 2015 Senior Credit Facility 38,615 38,615 60,672 60,672 Securitization facility, due December 19, 2017 — — 500,000 500,000 Capital leases and other 6,972 6,972 11,643 11,643 Unamortized debt issuance costs (6,426 ) (6,426 ) (7,117 ) (7,117 ) Total debt 2,678,584 2,630,254 2,556,967 2,511,485 Less current portion of long term debt and commercial paper 1,497,986 1,497,986 1,382,738 1,382,738 Long-term debt, less current portion $ 1,180,598 1,132,268 1,174,229 1,128,747 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.

General (Policies)

General (Policies)	3 Months Ended
	Apr. 01, 2017
Accounting Policies [Abstract]
Interim Reporting	Interim Reporting The 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 2016 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.
Hedges of Net Investments in Non-U.S. Operations	Hedges of Net Investments in Non-U.S. Operations The Company has numerous investments outside the United States. The net assets of these subsidiaries are exposed to changes and volatility in currency exchange rates. The Company uses foreign currency denominated debt to hedge some of its non-U.S. net investments against adverse movements in exchange rates. The gains and losses on the Company's net investments in its non-U.S. operations are partially economically offset by gains and losses on its foreign currency borrowings.
Recent Accounting Pronouncements	Recent Accounting Pronouncements - Effective in Future Years In May 2014, the FASB issued Accounting Standards Codification ("ASC") 606, Revenue from Contracts with Customers . This topic converges the guidance within U.S. GAAP and International Financial Reporting Standards ("IFRS") and supersedes ASC 605, Revenue Recognition. The new standard requires companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services. The new standard will also result in enhanced disclosures about revenue, provide guidance for transactions that were not previously addressed comprehensively, and improve guidance for multiple-element arrangements. The new guidance is effective for annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period and early application is not permitted. On July 9, 2015, the FASB decided to defer the effective date of ASC 606 for one year. The deferral results in the new revenue standard being effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2017. The Company will adopt the provisions of this new accounting standard at the beginning of fiscal year 2018, using the cumulative effect method, and continues to evaluate the impact of the adoption of ASC 606 on its consolidated financial statements. The Company expects to complete its assessment of the impact of adoption of ASC 606 during the first half of 2017. In February 2016, the FASB issued ASU 2016-02, Leases . The amendments in this Update create Topic 842, Leases, and supersede the requirements in Topic 840, Leases. Topic 842 specifies the accounting for leases. The objective of Topic 842 is to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount, timing, and uncertainty of cash flows arising from a lease. The guidance in this update is effective for annual reporting periods beginning after December 15, 2018 including interim periods within that reporting period and early adoption is permitted. The Company plans to adopt the provisions of this update at the beginning of fiscal year 2019. Based on a preliminary assessment, the Company expects the adoption of this guidance to have a material impact on its assets and liabilities due to the recognition of right-of-use assets and lease liabilities on its consolidated balance sheets at the beginning of the earliest period presented. The Company is continuing its assessment, which may identify additional impacts this guidance will have on its consolidated financial statements and disclosures. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of credit losses on financial instruments. Topic 326 amends guidance on reporting credit losses by replacing the current incurred loss model with a forward-looking expected loss model. Current accounting delays the recognition of credit losses until it is probable a loss has been incurred. The update will require a financial asset measured at amortized cost to be presented at the net amount expected to be collected by means of an allowance for credit losses that runs through net income. ASU 2016-13 is effective for annual and interim reporting periods beginning after December 15, 2019. Early adoption is permitted beginning after December 15, 2018. The Company plans to adopt the provisions of this update at the beginning of fiscal year 2020, and is currently assessing the impact on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230). This update clarifies how entities should classify certain cash receipts and cash payments on the statement of cash flows. ASU 2016-15 also clarifies how the predominance principle should be applied when cash receipts and cash payments have aspects of more than one class of cash flows. Additionally, the FASB issued ASU 2016-18 in November 2016 to address the classification and presentation of changes in restricted cash on the statement of cash flows. The guidance in these updates should be applied retrospectively and are effective for fiscal years beginning after December 15, 2017, and interim periods within those years. Early adoption is permitted. The Company plans to adopt the provisions of these updates at the beginning of fiscal year 2018 and is currently assessing the impact on its consolidated statement of cash flows. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the definition of a business. The amendments in this Update clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of businesses. The guidance in this update is effective for fiscal years beginning after December 15, 2017, and interim periods within those years. In January 2017, the FASB also issued ASU 2017-04, Intangibles - Goodwill and other (Topic 350): Simplifying the test for goodwill impairment. The amendments in this Update remove the second step of the current goodwill impairment test. An entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit's carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. The new guidance does not amend the optional qualitative assessment of goodwill impairment. This guidance is effective for impairment tests in fiscal years beginning after December 15, 2019. Recent Accounting Pronouncements - Recently Adopted In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory . This update changes the measurement principle for inventory for entities using FIFO or average cost from the lower of cost or market to lower of cost and net realizable value. Entities that measure inventory using LIFO or the retail inventory method are not affected. This update will more closely align the accounting for inventory under U.S. GAAP with IFRS. The Company currently accounts for inventory using the FIFO method. The Company adopted the provisions of this update at the beginning of fiscal year 2017. This update did not have a material impact on the Company's consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting. This update simplifies several aspects of the accounting for employee share-based payment transactions for both public and nonpublic entities, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. The Company adopted the provisions of this update at the beginning of fiscal year 2017, with the statement of cash flows classifications applied retrospectively. Accordingly, cash paid for shares redeemed for taxes of $10,402 was reclassed to financing activities from operating activities in 2016. Additionally, excess tax benefits are now classified with other tax flows as an operating activity with $3,709 reclassified from financing activities in 2016. The Company has also elected to continue to estimate the number of awards that are expected to vest when accounting for forfeitures.

Restructuring, acquisition an22

Restructuring, acquisition and integration-related costs (Tables)	3 Months Ended
	Apr. 01, 2017
Restructuring and Related Activities [Abstract]
Schedule of restructuring reserve by type of cost	Restructuring, acquisition transaction and integration-related costs consisted of the following during the three months ended April 1, 2017 and April 2, 2016 : Three Months Ended April 1, 2017 April 2, 2016 Cost of sales Restructuring costs (a) $ 2,898 5,026 Acquisition integration-related costs (86 ) 822 Restructuring and integration-related costs $ 2,812 5,848 Selling, general and administrative expenses Restructuring costs (a) $ 127 227 Acquisition integration-related costs 1,039 967 Restructuring, acquisition and integration-related costs $ 1,166 1,194 (a) The restructuring costs for 2017 and 2016 primarily relate to the Company's actions taken to lower its cost structure and improve efficiencies of manufacturing and distribution operations as well as actions related to the Company's recent acquisitions.
Schedule of restructuring and related costs	The restructuring activity for the three months ended April 1, 2017 is as follows: Asset write-downs Severance Other restructuring costs Total Balance as of December 31, 2016 $ — 5,183 6,243 11,426 Provision - Global Ceramic segment — — 58 58 Provision - Flooring NA segment 258 — 1,969 2,227 Provision - Flooring ROW segment 43 229 468 740 Cash payments (47 ) (2,971 ) (4,630 ) (7,648 ) Non-cash items (254 ) 15 (136 ) (375 ) Balance as of April 1, 2017 $ — 2,456 3,972 6,428

Receivables, net (Tables)

Receivables, net (Tables)	3 Months Ended
	Apr. 01, 2017
Receivables [Abstract]
Net components of receivables	Receivables, net are as follows: April 1, December 31, Customers, trade $ 1,508,927 1,386,306 Income tax receivable 6,192 8,616 Other 64,029 59,564 1,579,148 1,454,486 Less: allowance for discounts, returns, claims and doubtful accounts 81,240 78,335 Receivables, net $ 1,497,908 1,376,151

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Apr. 01, 2017
Inventory Disclosure [Abstract]
Net components of inventories	The components of inventories are as follows: April 1, December 31, Finished goods $ 1,207,029 1,127,573 Work in process 147,038 137,310 Raw materials 386,813 410,868 Total inventories $ 1,740,880 1,675,751

Goodwill and intangible assets

Goodwill and intangible assets (Tables)	3 Months Ended
	Apr. 01, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill	Global Ceramic segment Flooring NA segment Flooring ROW segment Total Balance as of December 31, 2016 Goodwill $ 1,482,226 869,764 1,249,861 3,601,851 Accumulated impairment losses (531,930 ) (343,054 ) (452,441 ) (1,327,425 ) $ 950,296 526,710 797,420 2,274,426 Currency translation during the period $ 7,790 — 10,891 18,681 Balance as of April 1, 2017 Goodwill 1,490,016 869,764 1,260,752 3,620,532 Accumulated impairment losses (531,930 ) (343,054 ) (452,441 ) (1,327,425 ) $ 958,086 526,710 808,311 2,293,107
Schedule of indefinite life assets not subject to amortization	Tradenames Balance as of December 31, 2016 $ 580,147 Intangible assets impaired during the period — Currency translation during the period 7,850 Balance as of April 1, 2017 $ 587,997
Schedule of intangible assets subject to amortization	Gross carrying amounts: Customer Patents Other Total Balance as of December 31, 2016 $ 569,980 234,022 6,330 810,332 Intangible assets recognized or adjusted during the period 827 — — 827 Currency translation during the period 5,049 3,020 73 8,142 Balance as of April 1, 2017 $ 575,856 237,042 6,403 819,301 Accumulated amortization: Customer Patents Other Total Balance as of December 31, 2016 $ 334,276 220,598 999 555,873 Amortization during the period 6,397 3,652 10 10,059 Currency translation during the period 2,762 2,841 2 5,605 Balance as of April 1, 2017 $ 343,435 227,091 1,011 571,537 Intangible assets subject to amortization, net $ 232,421 9,951 5,392 247,764
Schedule of intangible assets amortization expense	Three Months Ended April 1, April 2, Amortization expense $ 10,059 9,564

Accounts payable and accrued 26

Accounts payable and accrued expenses (Tables)	3 Months Ended
	Apr. 01, 2017
Payables and Accruals [Abstract]
Components of accounts payable and accrued expenses	Accounts payable and accrued expenses are as follows: April 1, December 31, Outstanding checks in excess of cash $ 11,111 12,269 Accounts payable, trade 780,467 729,415 Accrued expenses 328,612 333,942 Product warranties 46,563 46,347 Accrued interest 6,794 20,396 Accrued compensation and benefits 156,794 193,213 Total accounts payable and accrued expenses $ 1,330,341 1,335,582

Accumulated other comprehensi27

Accumulated other comprehensive income (loss) (Tables)	3 Months Ended
	Apr. 01, 2017
Equity [Abstract]
Schedule of accumulated other comprehensive income (loss)	The changes in accumulated other comprehensive income (loss) by component, net of tax, for the three months ended April 1, 2017 are as follows: Foreign currency translation adjustments Pensions Total Balance as of December 31, 2016 $ (825,354 ) (7,673 ) (833,027 ) Current period other comprehensive income (loss) before reclassifications 83,623 (582 ) 83,041 Balance as of April 1, 2017 $ (741,731 ) (8,255 ) (749,986 )

Other (income) expense, net (Ta

Other (income) expense, net (Tables)	3 Months Ended
	Apr. 01, 2017
Other Nonoperating Income (Expense) [Abstract]
Summary of other (income) expense, net	Other (income) expense, net is as follows: Three Months Ended April 1, April 2, Foreign currency (income) losses, net $ (2,323 ) 5,042 All other, net (509 ) (1,613 ) Total other (income) expense, net $ (2,832 ) 3,429

Earnings per share (Tables)

Earnings per share (Tables)	3 Months Ended
	Apr. 01, 2017
Earnings Per Share [Abstract]
Schedule of earnings per share	A reconciliation of 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, April 2, Net earnings attributable to Mohawk Industries, Inc. $ 200,554 171,548 Accretion of redeemable noncontrolling interest — — Net earnings available to common stockholders $ 200,554 171,548 Weighted-average common shares outstanding-basic and diluted: Weighted-average common shares outstanding—basic 74,212 73,976 Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net 542 514 Weighted-average common shares outstanding-diluted 74,754 74,490 Earnings per share attributable to Mohawk Industries, Inc. Basic $ 2.70 2.32 Diluted $ 2.68 2.30

Segment reporting (Tables)

Segment reporting (Tables)	3 Months Ended
	Apr. 01, 2017
Segment Reporting [Abstract]
Summary of segment information	Segment information is as follows: Three Months Ended April 1, April 2, Net sales: Global Ceramic segment $ 784,969 773,726 Flooring NA segment 939,496 906,364 Flooring ROW segment 496,180 491,956 Intersegment sales — — $ 2,220,645 2,172,046 Operating income (loss): Global Ceramic segment $ 116,036 99,777 Flooring NA segment 92,142 75,351 Flooring ROW segment 76,095 79,537 Corporate and intersegment eliminations (9,489 ) (8,993 ) $ 274,784 245,672 April 1, December 31, Assets: Global Ceramic segment $ 4,229,183 4,024,859 Flooring NA segment 3,528,062 3,410,856 Flooring ROW segment 2,801,782 2,689,592 Corporate and intersegment eliminations 168,490 105,289 $ 10,727,517 10,230,596

Debt (Tables)

Debt (Tables)	3 Months Ended
	Apr. 01, 2017
Debt Disclosure [Abstract]
Schedule of carrying values and estimated fair values of debt instruments	The fair values and carrying values of our debt instruments are detailed as follows: April 1, 2017 December 31, 2016 Fair Value Carrying Value Fair Value Carrying Value 3.85% Senior Notes, payable February 1, 2023; interest payable semiannually $ 615,810 600,000 615,006 600,000 2.00% Senior Notes, payable January 14, 2022; interest payable annually 565,285 532,765 556,460 525,984 U.S. commercial paper 578,200 578,200 283,800 283,800 European commercial paper 880,128 880,128 536,503 536,503 2015 Senior Credit Facility 38,615 38,615 60,672 60,672 Securitization facility, due December 19, 2017 — — 500,000 500,000 Capital leases and other 6,972 6,972 11,643 11,643 Unamortized debt issuance costs (6,426 ) (6,426 ) (7,117 ) (7,117 ) Total debt 2,678,584 2,630,254 2,556,967 2,511,485 Less current portion of long term debt and commercial paper 1,497,986 1,497,986 1,382,738 1,382,738 Long-term debt, less current portion $ 1,180,598 1,132,268 1,174,229 1,128,747

General (Details)

General (Details) $ in Thousands	Jan. 01, 2017USD ($)	Apr. 01, 2017USD ($)	Apr. 02, 2016USD ($)	Dec. 31, 2016	Jun. 09, 2015EUR (€)
Debt Instrument [Line Items]
Net cash provided by (used in) operating activities		$ 165,882	$ 151,871
Net cash provided by (used in) financing activities		$ 90,868	$ (230)
2.00% Senior Notes due January 14, 2022
Debt Instrument [Line Items]
Aggregate principal amount of debts | €					€ 500,000,000
Interest rate percentage		2.00%		2.00%	2.00%
Change in debt value		$ 6,781
Change in debt value, net of taxes		$ 4,238
Accounting Standards Update 2016-09, Statutory tax withholding component
Debt Instrument [Line Items]
Net cash provided by (used in) operating activities	$ (10,402)
Net cash provided by (used in) financing activities	10,402
Accounting Standards Update 2016-09, Excess tax benefit component
Debt Instrument [Line Items]
Net cash provided by (used in) operating activities	3,709
Net cash provided by (used in) financing activities	$ (3,709)

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) € in Thousands	Jan. 20, 2017EUR (€)
Ceramic Company
Business Acquisition [Line Items]
Purchase agreement price	€ 189,900

Restructuring, acquisition an34

Restructuring, acquisition and integration-related costs - Restructuring and Related Costs by Type of Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2017	Apr. 02, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring, acquisition and integration-related costs	$ 3,025	$ 5,253
Cost of sales
Restructuring Cost and Reserve [Line Items]
Restructuring costs	2,898	5,026
Acquisition integration-related costs	(86)	822
Restructuring, acquisition and integration-related costs	2,812	5,848
Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring costs	127	227
Acquisition integration-related costs	1,039	967
Restructuring, acquisition and integration-related costs	$ 1,166	$ 1,194

Restructuring, acquisition an35

Restructuring, acquisition and integration-related costs - Restructuring Reserve (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2017	Apr. 02, 2016
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2016	$ 11,426
Provision	3,025	$ 5,253
Cash payments	(7,648)
Non-cash items	(375)
Balance as of April 1, 2017	6,428
Asset write-downs
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2016	0
Cash payments	(47)
Non-cash items	(254)
Balance as of April 1, 2017	0
Severance
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2016	5,183
Cash payments	(2,971)
Non-cash items	15
Balance as of April 1, 2017	2,456
Other restructuring costs
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2016	6,243
Cash payments	(4,630)
Non-cash items	(136)
Balance as of April 1, 2017	3,972
Operating segments | Provision - Global Ceramic segment
Restructuring Reserve [Roll Forward]
Provision	58
Operating segments | Provision - Global Ceramic segment | Asset write-downs
Restructuring Reserve [Roll Forward]
Provision	0
Operating segments | Provision - Global Ceramic segment | Severance
Restructuring Reserve [Roll Forward]
Provision	0
Operating segments | Provision - Global Ceramic segment | Other restructuring costs
Restructuring Reserve [Roll Forward]
Provision	58
Operating segments | Provision - Flooring NA segment
Restructuring Reserve [Roll Forward]
Provision	2,227
Operating segments | Provision - Flooring NA segment | Asset write-downs
Restructuring Reserve [Roll Forward]
Provision	258
Operating segments | Provision - Flooring NA segment | Severance
Restructuring Reserve [Roll Forward]
Provision	0
Operating segments | Provision - Flooring NA segment | Other restructuring costs
Restructuring Reserve [Roll Forward]
Provision	1,969
Operating segments | Provision - Flooring ROW segment
Restructuring Reserve [Roll Forward]
Provision	740
Operating segments | Provision - Flooring ROW segment | Asset write-downs
Restructuring Reserve [Roll Forward]
Provision	43
Operating segments | Provision - Flooring ROW segment | Severance
Restructuring Reserve [Roll Forward]
Provision	229
Operating segments | Provision - Flooring ROW segment | Other restructuring costs
Restructuring Reserve [Roll Forward]
Provision	$ 468

Receivables, net (Details)

Receivables, net (Details) - USD ($) $ in Thousands	Apr. 01, 2017	Dec. 31, 2016
Receivables [Abstract]
Customers, trade	$ 1,508,927	$ 1,386,306
Income tax receivable	6,192	8,616
Other	64,029	59,564
Receivables, gross	1,579,148	1,454,486
Less: allowance for discounts, returns, claims and doubtful accounts	81,240	78,335
Receivables, net	$ 1,497,908	$ 1,376,151

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Apr. 01, 2017	Dec. 31, 2016
Inventory Disclosure [Abstract]
Finished goods	$ 1,207,029	$ 1,127,573
Work in process	147,038	137,310
Raw materials	386,813	410,868
Total inventories	$ 1,740,880	$ 1,675,751

Goodwill and intangible asset38

Goodwill and intangible assets - Schedule of goodwill (Details) $ in Thousands	3 Months Ended
	Apr. 01, 2017USD ($)
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	$ 3,601,851
Accumulated impairment losses	(1,327,425)
Goodwill, net, beginning balance	2,274,426
Currency translation during the period	18,681
Goodwill, gross, ending balance	3,620,532
Accumulated impairment losses	(1,327,425)
Goodwill, net, ending balance	2,293,107
Operating segments | Global Ceramic segment
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	1,482,226
Accumulated impairment losses	(531,930)
Goodwill, net, beginning balance	950,296
Currency translation during the period	7,790
Goodwill, gross, ending balance	1,490,016
Accumulated impairment losses	(531,930)
Goodwill, net, ending balance	958,086
Operating segments | Flooring NA segment
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	869,764
Accumulated impairment losses	(343,054)
Goodwill, net, beginning balance	526,710
Currency translation during the period	0
Goodwill, gross, ending balance	869,764
Accumulated impairment losses	(343,054)
Goodwill, net, ending balance	526,710
Operating segments | Flooring ROW segment
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	1,249,861
Accumulated impairment losses	(452,441)
Goodwill, net, beginning balance	797,420
Currency translation during the period	10,891
Goodwill, gross, ending balance	1,260,752
Accumulated impairment losses	(452,441)
Goodwill, net, ending balance	$ 808,311

Goodwill and intangible asset39

Goodwill and intangible assets - Schedule of indefinite life assets not subject to amortization (Details) - Tradenames $ in Thousands	3 Months Ended
	Apr. 01, 2017USD ($)
Indefinite-lived Intangible Assets [Roll Forward]
Balance as of December 31, 2016	$ 580,147
Intangible assets impaired during the period	0
Currency translation during the period	7,850
Balance as of April 1, 2017	$ 587,997

Goodwill and intangible asset40

Goodwill and intangible assets - Narrative (Details) $ in Thousands	3 Months Ended
	Apr. 01, 2017USD ($)
Indefinite-lived Intangible Assets [Line Items]
Amortization expense	$ 827
Distribution Business | Flooring ROW segment
Indefinite-lived Intangible Assets [Line Items]
Purchase agreement price	1,407
Amortization expense	$ 827

Goodwill and intangible asset41

Goodwill and intangible assets - Schedule of intangible assets subject to amortization (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2017	Apr. 02, 2016	Dec. 31, 2016
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance	$ 810,332
Intangible assets recognized or adjusted during the period	827
Currency translation during the period	8,142
Intangible assets subject to amortization, ending balance	819,301
Accumulated amortization, beginning balance	555,873
Amortization during the period	10,059	$ 9,564
Currency translation during the period	5,605
Accumulated amortization, ending balance	571,537
Intangible assets subject to amortization, net	247,764		$ 254,459
Customer relationships
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance	569,980
Intangible assets recognized or adjusted during the period	827
Currency translation during the period	5,049
Intangible assets subject to amortization, ending balance	575,856
Accumulated amortization, beginning balance	334,276
Amortization during the period	6,397
Currency translation during the period	2,762
Accumulated amortization, ending balance	343,435
Intangible assets subject to amortization, net	232,421
Patents
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance	234,022
Intangible assets recognized or adjusted during the period	0
Currency translation during the period	3,020
Intangible assets subject to amortization, ending balance	237,042
Accumulated amortization, beginning balance	220,598
Amortization during the period	3,652
Currency translation during the period	2,841
Accumulated amortization, ending balance	227,091
Intangible assets subject to amortization, net	9,951
Other
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance	6,330
Intangible assets recognized or adjusted during the period	0
Currency translation during the period	73
Intangible assets subject to amortization, ending balance	6,403
Accumulated amortization, beginning balance	999
Amortization during the period	10
Currency translation during the period	2
Accumulated amortization, ending balance	1,011
Intangible assets subject to amortization, net	$ 5,392

Goodwill and intangible asset42

Goodwill and intangible assets - Schedule of intangible assets amortization expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2017	Apr. 02, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 10,059	$ 9,564

Accounts payable and accrued 43

Accounts payable and accrued expenses (Details) - USD ($) $ in Thousands	Apr. 01, 2017	Dec. 31, 2016
Payables and Accruals [Abstract]
Outstanding checks in excess of cash	$ 11,111	$ 12,269
Accounts payable, trade	780,467	729,415
Accrued expenses	328,612	333,942
Product warranties	46,563	46,347
Accrued interest	6,794	20,396
Accrued compensation and benefits	156,794	193,213
Total accounts payable and accrued expenses	$ 1,330,341	$ 1,335,582

Accumulated other comprehensi44

Accumulated other comprehensive income (loss) (Details) $ in Thousands	3 Months Ended
	Apr. 01, 2017USD ($)
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Balance as of December 31, 2016	$ 5,783,487
Balance as of April 1, 2017	6,064,824
Foreign currency translation adjustments
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Balance as of December 31, 2016	(825,354)
Current period other comprehensive income (loss) before reclassifications	83,623
Balance as of April 1, 2017	(741,731)
Pensions
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Balance as of December 31, 2016	(7,673)
Current period other comprehensive income (loss) before reclassifications	(582)
Balance as of April 1, 2017	(8,255)
AOCI attributable to parent
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Balance as of December 31, 2016	(833,027)
Current period other comprehensive income (loss) before reclassifications	83,041
Balance as of April 1, 2017	$ (749,986)

Stock-based compensation (Detai

Stock-based compensation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 01, 2017	Apr. 02, 2016
Restricted stock units (RSUs)
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Number of options granted in period (in shares)	153	182
Weighted-average grant-date fair value (in usd per share)	$ 226.85	$ 184.88
Recognized stock-based compensation costs	$ 9,465	$ 9,049
Recognized stock-based compensation costs, net of tax	5,743	5,491
Pre-tax unrecognized compensation expense	$ 51,948
Recognized expense over a weighted-average period (years)	1 year 10 months 24 days
Stock options
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Recognized stock-based compensation costs	$ 2	10
Recognized stock-based compensation costs, net of tax	$ 1	$ 6

Other (income) expense, net (De

Other (income) expense, net (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2017	Apr. 02, 2016
Other Nonoperating Income (Expense) [Abstract]
Foreign currency (income) losses, net	$ (2,323)	$ 5,042
All other, net	(509)	(1,613)
Total other (income) expense, net	$ (2,832)	$ 3,429

Earnings per share (Details)

Earnings per share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 01, 2017	Apr. 02, 2016
Earnings Per Share [Abstract]
Net earnings attributable to Mohawk Industries, Inc.	$ 200,554	$ 171,548
Accretion of redeemable noncontrolling interest	0	0
Net earnings available to common stockholders	$ 200,554	$ 171,548
Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding-basic (in shares)	74,212	73,976
Add weighted-average dilutive potential common shares-options to purchase common shares and RSUs, net (in shares)	542	514
Weighted-average common shares outstanding-diluted (in shares)	74,754	74,490
Earnings per share attributable to Mohawk Industries, Inc.
Basic (in usd per share)	$ 2.70	$ 2.32
Diluted (in usd per share)	$ 2.68	$ 2.30

Segment reporting (Details)

Segment reporting (Details) $ in Thousands	3 Months Ended
	Apr. 01, 2017USD ($)segment	Apr. 02, 2016USD ($)	Dec. 31, 2016USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment	3
Segment Reporting Information [Line Items]
Net sales	$ 2,220,645	$ 2,172,046
Operating income (loss)	274,784	245,672
Assets	10,727,517		$ 10,230,596
Operating segments | Global Ceramic segment
Segment Reporting Information [Line Items]
Net sales	784,969	773,726
Operating income (loss)	116,036	99,777
Assets	4,229,183		4,024,859
Operating segments | Flooring NA segment
Segment Reporting Information [Line Items]
Net sales	939,496	906,364
Operating income (loss)	92,142	75,351
Assets	3,528,062		3,410,856
Operating segments | Flooring ROW segment
Segment Reporting Information [Line Items]
Net sales	496,180	491,956
Operating income (loss)	76,095	79,537
Assets	2,801,782		2,689,592
Intersegment sales
Segment Reporting Information [Line Items]
Net sales	0	0
Corporate and intersegment eliminations
Segment Reporting Information [Line Items]
Operating income (loss)	(9,489)	$ (8,993)
Assets	$ 168,490		$ 105,289

Commitments and contingencies (

Commitments and contingencies (Details) - Belgium - Foreign tax authority € in Thousands	Dec. 28, 2012EUR (€)	Nov. 30, 2014yr	Dec. 31, 2013EUR (€)	Jan. 31, 2012EUR (€)	Jun. 28, 2014EUR (€)	Sep. 29, 2012EUR (€)
Commitments And Contingencies [Line Items]
Interest income earned on deposits related to tax assessment (in euros)						€ 1,583
Number of years of assessments appealed | yr		4
2,008
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)				€ 23,789	€ 30,131
2,005
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)	€ 46,135
2,009
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)	€ 35,567
2,006
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)			€ 38,817
2,007
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)			39,635
2,010
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)			€ 43,117

Debt - Senior Credit Facility a

Debt - Senior Credit Facility and Term Loan (Details)	Mar. 26, 2015USD ($)	Apr. 01, 2017USD ($)	Apr. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Sep. 25, 2013USD ($)
2013 Senior Secured Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility					$ 1,000,000,000
2015 Senior Secured Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility	$ 1,800,000,000
Unamortized financing costs	$ 6,873,000
Maturity date extension commitment amount excluded				$ 75,000,000
Commitment fee percentage		0.125%
Utilized borrowings under credit facility		$ 1,497,323,000
Available amount under credit facility		302,677,000
2015 Senior Secured Credit Facility | Borrowings
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility		38,615,000
2015 Senior Secured Credit Facility | Standby letters of credit
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility		$ 380,000
2015 Senior Secured Credit Facility | Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage	0.10%
Consolidated interest coverage ratio	3
2015 Senior Secured Credit Facility | Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage	0.225%
Consolidated net leverage ratio	3.75
2015 Senior Secured Credit Facility | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Basis spread on debt instrument		1.125%
2015 Senior Secured Credit Facility | London Interbank Offered Rate (LIBOR) | Minimum
Line of Credit Facility [Line Items]
Basis spread on debt instrument	1.00%
2015 Senior Secured Credit Facility | London Interbank Offered Rate (LIBOR) | Maximum
Line of Credit Facility [Line Items]
Basis spread on debt instrument	1.75%
2015 Senior Secured Credit Facility | Federal funds
Line of Credit Facility [Line Items]
Basis spread on debt instrument	0.50%
2015 Senior Secured Credit Facility | Monthly LIBOR
Line of Credit Facility [Line Items]
Basis spread on debt instrument	1.00%	0.125%
2015 Senior Secured Credit Facility | Monthly LIBOR | Minimum
Line of Credit Facility [Line Items]
Basis spread on debt instrument	0.00%
2015 Senior Secured Credit Facility | Monthly LIBOR | Maximum
Line of Credit Facility [Line Items]
Basis spread on debt instrument	0.75%
2015 Senior Secured Credit Facility Amendment, Maturing March 26, 2022
Line of Credit Facility [Line Items]
Unamortized financing costs	$ 522,000
Commercial Paper
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility		$ 1,458,328,000
Subsequent event | 2015 Senior Secured Credit Facility Amendment, Maturing March 26, 2021
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility			$ 15,000,000
Subsequent event | 2015 Senior Secured Credit Facility Amendment, Maturing March 26, 2022
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility			1,785,000,000
Maturity date extension commitment amount included from initial exclusion			$ 60,000,000

Debt - Commercial Paper (Detail

Debt - Commercial Paper (Details) - USD ($)	Jul. 31, 2015	Feb. 28, 2014	Apr. 01, 2017	Dec. 31, 2016
Commercial Paper
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility			$ 1,458,328,000
Commercial Paper | United States
Line of Credit Facility [Line Items]
Maturity period of debt			19 years 5 months 8 days
Maximum borrowing capacity under credit facility			$ 1,800,000,000
Weighted average interest rate on debt			1.23%
Commercial Paper | United States | Maximum
Line of Credit Facility [Line Items]
Maturity period of debt		397 days
Commercial Paper | Europe
Line of Credit Facility [Line Items]
Maturity period of debt			41 years 7 months 3 days
Weighted average interest rate on debt			0.15%
Commercial Paper | Europe | Maximum
Line of Credit Facility [Line Items]
Maturity period of debt	183 days
Carrying value | United States
Line of Credit Facility [Line Items]
U.S. commercial paper			$ 578,200,000	$ 283,800,000
Carrying value | Europe
Line of Credit Facility [Line Items]
U.S. commercial paper			$ 880,128,000	$ 536,503,000

Debt - Senior Notes (Details)

Debt - Senior Notes (Details)	Jan. 15, 2016USD ($)	Jun. 09, 2015USD ($)	Jan. 31, 2013USD ($)	Apr. 01, 2017	Dec. 31, 2016	Jun. 09, 2015EUR (€)	Dec. 31, 2014USD ($)	Jan. 17, 2006USD ($)
2.00% Senior Notes due January 14, 2022
Debt Instrument [Line Items]
Aggregate principal amount of debts | €						€ 500,000,000
Interest rate percentage				2.00%	2.00%	2.00%
Payment of financing costs		$ 4,218,000
3.85% Senior Notes due February 1, 2023
Debt Instrument [Line Items]
Aggregate principal amount of debts			$ 600,000,000
Interest rate percentage			3.85%	3.85%	3.85%
Payment of financing costs			$ 6,000,000
6.125% Senior Notes Payable January 14, 2022
Debt Instrument [Line Items]
Aggregate principal amount of debts								$ 900,000,000
Interest rate percentage								6.125%
Aggregate principal amount							$ 254,445,000
Repayment of outstanding principal	$ 645,555,000

Debt - Accounts Receivable Secu

Debt - Accounts Receivable Securitization (Details) - Secured Credit Facility - USD ($)	Dec. 10, 2015	Sep. 11, 2014	Dec. 19, 2012	Apr. 01, 2017	Dec. 31, 2016
Line of Credit Facility [Line Items]
Debt instrument term			3 years
Maximum borrowing capacity under credit facility		$ 500,000,000	$ 300,000,000
Payment of financing costs	$ 250,000
Basis spread on securitization agreement		0.70%
Commitment fee percentage on unused amount of each lender's commitment		0.30%
Carrying value
Line of Credit Facility [Line Items]
Amount utilized under securitization facility				$ 0	$ 500,000,000

Debt - Fair Value and Carrying

Debt - Fair Value and Carrying Value of Debt Instruments (Details) - USD ($) $ in Thousands	Dec. 19, 2012	Apr. 01, 2017	Dec. 31, 2016	Jun. 09, 2015	Jan. 31, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Less current portion of long term debt and commercial paper		$ 1,497,986	$ 1,382,738
Secured Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument term	3 years
3.85% Senior Notes due February 1, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate percentage		3.85%	3.85%		3.85%
2.00% Senior Notes due January 14, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate percentage		2.00%	2.00%	2.00%
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Capital leases and other		$ 6,972	$ 11,643
Unamortized debt issuance costs		(6,426)	(7,117)
Total debt		2,678,584	2,556,967
Less current portion of long term debt and commercial paper		1,497,986	1,382,738
Long-term debt, less current portion		1,180,598	1,174,229
Fair Value | Secured Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securitization facility, due December 19, 2017		0	500,000
Fair Value | 3.85% Senior Notes due February 1, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		615,810	615,006
Fair Value | 2.00% Senior Notes due January 14, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		565,285	556,460
Fair Value | 5-year Senior Secured Credit Facility due March 26, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		38,615	60,672
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Capital leases and other		6,972	11,643
Unamortized debt issuance costs		(6,426)	(7,117)
Total debt		2,630,254	2,511,485
Less current portion of long term debt and commercial paper		1,497,986	1,382,738
Long-term debt, less current portion		1,132,268	1,128,747
Carrying Value | Secured Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securitization facility, due December 19, 2017		0	500,000
Carrying Value | 3.85% Senior Notes due February 1, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		600,000	600,000
Carrying Value | 2.00% Senior Notes due January 14, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		532,765	525,984
Carrying Value | 5-year Senior Secured Credit Facility due March 26, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		38,615	60,672
United States | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
U.S. commercial paper		578,200	283,800
United States | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
U.S. commercial paper		578,200	283,800
Europe | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
U.S. commercial paper		880,128	536,503
Europe | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
U.S. commercial paper		$ 880,128	$ 536,503