Mohawk Industries (MHK) 10-Q 1 Nov 19 2019 Q3 Quarterly report Financial data

COVER PAGE

COVER PAGE - shares	9 Months Ended
	Sep. 28, 2019	Oct. 30, 2019
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 28, 2019
Document Transition Report	false
Entity File Number	01-13697
Entity Registrant Name	MOHAWK INDUSTRIES, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	52-1604305
Entity Address, Address Line One	160 S. Industrial Blvd.
Entity Address, City or Town	Calhoun
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30701
City Area Code	706
Local Phone Number	629-7721
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		71,622,235
Entity Central Index Key	0000851968
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Amendment Flag	false
Common Stock, $.01 par value
Entity Information [Line Items]
Title of 12(b) Security	Common Stock, $.01 par value
Trading Symbol	MHK
Security Exchange Name	NYSE
Floating Rate Notes due 2020
Entity Information [Line Items]
Title of 12(b) Security	Floating Rate Notes due 2020
No Trading Symbol Flag	true
Security Exchange Name	NYSE
Floating Rate Notes due 2021
Entity Information [Line Items]
Title of 12(b) Security	Floating Rate Notes due 2021
No Trading Symbol Flag	true
Security Exchange Name	NYSE
2.000% Senior Notes due 2022
Entity Information [Line Items]
Title of 12(b) Security	2.000% Senior Notes due 2022
No Trading Symbol Flag	true
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 28, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 111,303	$ 119,050
Receivables, net	1,787,158	1,606,159
Inventories	2,337,952	2,287,615
Prepaid expenses	425,595	421,553
Other current assets	65,772	74,919
Total current assets	4,727,780	4,509,296
Property, plant and equipment	8,357,331	8,227,074
Less: accumulated depreciation	3,756,701	3,527,172
Property, plant and equipment, net	4,600,630	4,699,902
Right of use operating lease assets	334,083
Goodwill	2,519,214	2,520,966
Tradenames	689,788	707,380
Other intangible assets subject to amortization, net	227,165	254,430
Deferred income taxes and other non-current assets	294,102	407,149
Total assets	13,392,762	13,099,123
Current liabilities:
Short-term debt and current portion of long-term debt	1,273,158	1,742,373
Accounts payable and accrued expenses	1,738,859	1,523,866
Current operating lease liabilities	102,682
Total current liabilities	3,114,699	3,266,239
Deferred income taxes	434,912	413,740
Long-term debt, less current portion	1,483,581	1,515,601
Non-current operating lease liabilities	238,560
Other long-term liabilities	355,731	463,484
Total liabilities	5,627,483	5,659,064
Commitments and contingencies (Note 17)
Stockholders’ equity:
Preferred stock, $.01 par value; 60 shares authorized; no shares issued	0	0
Common stock, $.01 par value; 150,000 shares authorized; 79,193 and 79,656 shares issued in 2019 and 2018, respectively	792	797
Additional paid-in capital	1,864,899	1,852,173
Retained earnings	6,991,076	6,588,197
Accumulated other comprehensive loss	(882,287)	(791,608)
Stockholders' equity before treasury stock	7,974,480	7,649,559
Less: treasury stock at cost; 7,348 and 7,349 shares in 2019 and 2018, respectively	215,712	215,745
Total Mohawk Industries, Inc. stockholders’ equity	7,758,768	7,433,814
Nonredeemable noncontrolling interest	6,511	6,245
Total stockholders’ equity	7,765,279	7,440,059
Total liabilities and stockholders' equity	$ 13,392,762	$ 13,099,123

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 28, 2019	Dec. 31, 2018
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)	79,193,000	79,656,000
Treasury stock, shares (in shares)	7,348,000	7,349,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Income Statement [Abstract]
Net sales	$ 2,519,185	$ 2,545,800	$ 7,546,160	$ 7,535,016
Cost of sales	1,827,494	1,825,367	5,492,924	5,343,336
Gross profit	691,691	720,433	2,053,236	2,191,680
Selling, general and administrative expenses	451,471	433,189	1,380,826	1,309,730
Operating income	240,220	287,244	672,410	881,950
Interest expense	9,316	9,025	30,310	24,416
Other expense, net	52,713	706	45,929	6,794
Earnings before income taxes	178,191	277,513	596,171	850,740
Income tax expense	22,522	49,487	116,273	215,928
Net earnings including noncontrolling interests	155,669	228,026	479,898	634,812
Net income attributable to noncontrolling interests	151	1,013	354	2,447
Net earnings attributable to Mohawk Industries, Inc.	$ 155,518	$ 227,013	$ 479,544	$ 632,365
Basic earnings per share attributable to Mohawk Industries, Inc.
Basic earnings per share attributable to Mohawk Industries, Inc. (in usd per share)	$ 2.16	$ 3.03	$ 6.63	$ 8.46
Weighted-average common shares outstanding-basic (in shares)	72,106	74,603	72,302	74,599
Diluted earnings per share attributable to Mohawk Industries, Inc.
Diluted earnings per share attributable to Mohawk Industries, Inc. (in usd per share)	$ 2.15	$ 3.02	$ 6.61	$ 8.42
Weighted-average common shares outstanding-diluted (in shares)	72,392	74,945	72,578	74,977

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Statement of Comprehensive Income [Abstract]
Net earnings including noncontrolling interests	$ 155,669	$ 228,026	$ 479,898	$ 634,812
Other comprehensive income (loss):
Foreign currency translation adjustments	(150,139)	(33,671)	(91,050)	(147,628)
Pension prior service cost and actuarial gain (loss), net of tax	216	68	283	291
Other comprehensive income (loss)	(149,923)	(33,603)	(90,767)	(147,337)
Comprehensive income	5,746	194,423	389,131	487,475
Comprehensive income (loss) attributable to noncontrolling interests	(7)	656	266	962
Comprehensive income attributable to Mohawk Industries, Inc.	$ 5,753	$ 193,767	$ 388,865	$ 486,513

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Cash flows from operating activities:
Net earnings	$ 479,898	$ 634,812
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Restructuring	45,533	42,791
Depreciation and amortization	422,693	382,673
Deferred income taxes	9,303	75,694
(Gain) loss on disposal of property, plant and equipment	1,571	(1,253)
Stock-based compensation expense	17,228	26,697
Impairment of net investment in a manufacturer and distributor of ceramic tile in China	65,172	0
Changes in operating assets and liabilities, net of effects of acquisitions:
Receivables, net	(203,447)	(180,830)
Inventories	(60,477)	(209,815)
Other assets and prepaid expenses	(38,942)	(68,122)
Accounts payable and accrued expenses	250,637	190,090
Other liabilities	(11,083)	1,748
Net cash provided by operating activities	978,086	894,485
Cash flows from investing activities:
Additions to property, plant and equipment	(405,614)	(642,949)
Acquisitions, net of cash acquired	(76,847)	(425,304)
Purchases of short-term investments	(451,000)	(526,096)
Redemption of short-term investments	459,000	566,000
Net cash used in investing activities	(474,461)	(1,028,349)
Cash flows from financing activities:
Payments on Senior Credit Facilities	(465,811)	(600,926)
Proceeds from Senior Credit Facilities	419,957	554,408
Payments on Commercial Paper	(11,919,636)	(12,119,516)
Proceeds from Commercial Paper	11,540,489	11,976,223
Proceeds from Floating Rate Notes	331,325	353,648
Payments on Floating Rate Notes	(331,325)	0
Proceeds from other debt	7,355	0
Debt issuance costs	(757)	(864)
Purchase of Mohawk common stock	(76,671)	0
Change in outstanding checks in excess of cash	(10,523)	(2,242)
Shares redeemed for taxes	(4,711)	(9,188)
Proceeds from stock transactions	1	2
Net cash (used in) provided by financing activities	(510,307)	151,545
Effect of exchange rate changes on cash and cash equivalents	(1,065)	(11,214)
Net change in cash and cash equivalents	(7,747)	6,467
Cash and cash equivalents, beginning of period	119,050	84,884
Cash and cash equivalents, end of period	$ 111,303	$ 91,351

General

General	9 Months Ended
	Sep. 28, 2019
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 2018 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 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 economically offset by losses and gains 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 nine months ended September 28, 2019 and September 29, 2018 , the change in the U.S. dollar value of the Company’s euro denominated debt was a decrease of $25,102 ( $19,067 net of taxes) and a decrease of $19,848 ( $14,223 net of taxes), respectively, which is recorded in the foreign currency translation adjustment component of accumulated other comprehensive income or (loss). The change 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 - Recently Adopted In February 2016, the FASB issued a new standard ASU 2016-02, Leases , and subsequently issued additional ASUs amending this ASU (collectively ASC 842, Leases ). ASC 842 was issued to increase transparency and comparability among organizations by requiring the recognition of right of use (“ROU”) assets and lease liabilities on the balance sheet. Most prominent among the changes in the standard is the recognition of ROU assets and lease liabilities by lessees for those leases classified as operating leases. Under the standard, disclosures are required to meet the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. The Company adopted the provisions of ASC 842 on January 1, 2019 using a modified retrospective approach through a cumulative effect adjustment to retained earnings as of the beginning of the period of adoption in line with the new transition method allowed under ASU 2018-11. ASC 842 provides a number of optional practical expedients in transition. The Company elected the “package of practical expedients” which permits the Company not to reassess under the new standard its prior conclusions about lease identification, lease classification and initial direct costs. The Company did not elect the use-of-hindsight and elected the practical expedient pertaining to land easements. The new standard also provides practical expedients for an entity’s ongoing accounting for leases. The Company elected the short-term lease exemption for all leases that qualify, meaning the Company will not recognize ROU assets or lease liabilities for leases with terms shorter than twelve months. The Company also elected the practical expedient to not separate lease and non-lease components for a majority of its asset classes, including real estate and most equipment. The adoption of ASC 842 had a material impact on the Company’s condensed consolidated balance sheets, but did not have a material impact on our condensed consolidated statements of operations or cashflow. The most significant impact was the recognition of ROU assets of $328,169 and lease liabilities for operating leases of $332,286 at January 1, 2019, based on the present value of the future minimum rental payments for existing operating leases. The difference in the balances is due to deferred rent, tenant incentive allowances and prepaid amounts taken into account for adoption. Our accounting for finance leases remained substantially unchanged, See Note 10 - Leases. On January 1, 2019, the Company adopted the new accounting standard, ASU 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . The standard permits entities to reclassify, to retained earnings, the one-time income tax effects stranded in accumulated other comprehensive income arising from the change in the U.S. federal corporate tax rate as a result of the Tax Cuts and Jobs Act of 2017. The effect of adopting the new standard was not material. On January 1, 2018, the Company adopted the new accounting standard, ASC 606, Revenue from Contracts with Customers and all the related amendments (“ASC 606”) and applied the provisions of the standard to all contracts using the modified retrospective method. The cumulative effect of adopting the new revenue standard was immaterial and no adjustment has been recorded to the opening balance of retained earnings. Prior year information has not been restated and continues to be reported under the accounting standards in effect for those periods. Substantially all of the Company’s revenue continues to be recognized at a point in time when the product is either shipped or received from the Company’s facilities and control of the product is transferred to the customer. The Company reviewed all of its revenue product categories under ASC 606 and the only changes identified were that an immaterial amount of revenue from intellectual property (“IP”) contracts results in earlier recognition of revenue, new controls and processes designed to meet the requirements of the standard were implemented, and the required new disclosures are presented in Note 3, Revenue from Contracts with Customers. The adoption of ASC 606 did not have a material impact on the amounts reported in the Company’s consolidated financial position, results of operations or cash flows. On January 1, 2018, the Company adopted the new accounting standard, ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. The effect of adopting the new standard was not material. On January 1, 2018, the Company adopted the new accounting standard, ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business. The effect of adopting the new standard was not material. Recent Accounting Pronouncements - Effective in Future Years In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and other (Topic 350): Simplifying the test for goodwill impairment. The amendments 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. Currently, the Company is assessing the impact of the new guidance. The Company does not expect the adoption of the guidance to have a significant impact on its financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and in November 2018 issued ASU 2018-19, which amended the standard. The standard introduces an approach, based on expected losses, to estimate credit losses on certain types of financial instruments and modifies the impairment model for available-for-sale debt securities. The new approach to estimating credit losses (referred to as the current expected credit losses model) applies to most financial assets measured at amortized cost and certain other instruments, including trade and other receivables, loans, held-to-maturity debt securities, net investments in leases and off-balance-sheet credit exposures. This standard is effective for the Company on January 1, 2020. Entities are required to apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. Currently, the Company is assessing the impact of the new guidance. The Company does not expect the adoption of the guidance to have a significant impact on its financial statements.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 28, 2019
Business Combinations [Abstract]
Acquisitions	Acquisitions 2019 Acquisitions On January 31, 2019 , the Company acquired a hard surface flooring distribution company based in the Netherlands for $72,001 , resulting in a preliminary goodwill allocation of $45,931 . The results have been included in the Flooring Rest of the World (“Flooring ROW”) segment and are not material to the Company’s consolidated results of operations. 2018 Acquisitions On November 16, 2018 , the Company completed its purchase of Eliane S/A Revestimentos Ceramicos (“Eliane”), one of the largest ceramic tile companies in Brazil. Pursuant to the purchase agreement, the Company (i) acquired the entire issued share capital of Eliane and (ii) acquired $99,037 of net indebtedness of Eliane, with total cash consideration paid of $ 148,741 . The Company’s acquisition of Eliane resulted in allocations of goodwill of $ 18,062 , indefinite-lived tradename intangible assets of $ 32,238 and intangible assets subject to amortization of $ 5,818 . The goodwill is expected to be deductible for tax purposes. Eliane’s results of operations have been included in the consolidated financial statements since the date of acquisition in the Global Ceramic reporting segment. On July 2, 2018 , the Company completed its acquisition of Godfrey Hirst Group, the leading flooring company in Australia and New Zealand, further extending Mohawk’s global position. The total value of the acquisition was $400,894 . The Company’s acquisition of Godfrey Hirst Group resulted in allocations of goodwill of $88,655 , indefinite-lived tradename intangible assets of $58,671 and intangible assets subject to amortization of $43,635 . The goodwill is deductible for tax purposes. The factors contributing to the recognition of the amount of goodwill include product, sales and manufacturing synergies. The Godfrey Hirst Group’s results have been included in the condensed consolidated financial statements since the date of acquisition in the Flooring NA and Flooring ROW segments. During the first quarter of 2018, the Company completed the acquisition of three businesses in the Flooring ROW segment for $24,610 , resulting in a goodwill allocation of $12,874 and intangibles subject to amortization of $7 . 2017 Acquisitions On April 4, 2017, the Company completed its purchase of Emilceramica S.r.l (“Emil”), a ceramic company in Italy. The total value of the acquisition was $186,099 . The Emil acquisition will enhance the Company’s cost position and strengthen its combined brand and distribution in Europe. The acquisition’s results and purchase price allocation have been included in the condensed consolidated financial statements since the date of the acquisition. The Company’s acquisition of Emil resulted in a goodwill allocation of $59,491 , indefinite-lived tradename intangible asset of $16,196 and an intangible asset subject to amortization of $2,348 . The goodwill was not directly deductible for tax purposes. The Emil results are reflected in the Global Ceramic segment and the results of Emil’s operations are not material to the Company’s consolidated results of operations. During the second quarter of 2017, the Company completed the acquisition of two businesses in the Global Ceramic segment for $37,250 , resulting in a goodwill allocation of $1,002 . The Company also completed the acquisition of a business in the Flooring NA segment for $26,623 . 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 .

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
	Sep. 28, 2019
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers Revenue recognition and accounts receivable The Company recognizes revenues when it satisfies performance obligations as evidenced by the transfer of control of the promised goods to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods. The nature of the promised goods are ceramic, stone, carpet, resilient, laminate, wood and other flooring products. Payment is typically received 90 days or less from the invoice date. The Company adjusts the amounts of revenue for expected cash discounts, sales allowances, returns, and claims, based upon historical experience. The Company adjusts accounts receivable for doubtful account allowances based upon historical bad debt, claims experience, periodic evaluation of specific customer accounts, and the aging of accounts receivable. If the financial condition of the Company’s customers were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required. Contract liabilities The Company historically records contract liabilities when it receives payment prior to fulfilling a performance obligation. Contract liabilities related to revenues are recorded in accounts payable and accrued expenses on the accompanying condensed consolidating balance sheets. The Company had contract liabilities of $39,284 and $34,486 as of September 28, 2019 and January 1, 2019 , respectively. Performance obligations Substantially all of the Company’s revenue is recognized at a point in time when the product is either shipped or received from the Company’s facilities and control of the product is transferred to the customer. Accordingly, in any period, the Company does not recognize a significant amount of revenue from performance obligations satisfied or partially satisfied in prior periods and the amount of such revenue recognized during the three and nine months ended September 28, 2019 was immaterial. Costs to obtain a contract The Company historically incurs certain incremental costs to obtain revenue contracts. These costs relate to marketing display structures and are capitalized when the amortization period is greater than one year, with the amount recorded in other assets on the accompanying condensed consolidated balance sheets. Capitalized costs to obtain contracts were $54,900 and $57,840 as of September 28, 2019 and January 1, 2019 , respectively. Amortization expense recognized during the nine months ended September 28, 2019 related to these capitalized costs was $41,889 . Practical expedients and policy elections The Company elected the following practical expedients and policy elections: • Incremental costs of obtaining a contract is recorded as an expense when incurred in selling, general and administrative expenses if the amortization period is less than one year . • Shipping and handling activities performed after control has been transferred is accounted for as a fulfillment cost in cost of sales. Revenue disaggregation The following table presents the Company’s segment revenues disaggregated by the geographical market location of customer sales and product categories for the three months ended September 28, 2019 and September 29, 2018 : September 28, 2019 Global Ceramic segment Flooring NA segment Flooring ROW segment Total Geographical Markets United States $ 537,247 963,784 475 1,501,506 Europe 168,032 1,901 424,230 594,163 Russia 77,024 15 32,614 109,653 Other 134,119 36,208 143,536 313,863 $ 916,422 1,001,908 600,855 2,519,185 Product Categories Ceramic & Stone $ 916,422 13,570 — 929,992 Carpet & Resilient — 816,190 193,941 1,010,131 Laminate & Wood — 172,148 204,241 376,389 Other (1) — — 202,673 202,673 $ 916,422 1,001,908 600,855 2,519,185 September 29, 2018 Global Ceramic segment Flooring NA segment Flooring ROW segment Total Geographical Markets United States $ 565,616 998,488 421 1,564,525 Europe 175,026 1,217 438,585 614,828 Russia 68,113 — 27,435 95,548 Other 77,018 47,835 146,046 270,899 $ 885,773 1,047,540 612,487 2,545,800 Product Categories Ceramic & Stone $ 885,773 16,779 — 902,552 Carpet & Resilient — 851,970 192,001 1,043,971 Laminate & Wood — 178,791 200,499 379,290 Other (1) — — 219,987 219,987 $ 885,773 1,047,540 612,487 2,545,800 (1) Other includes roofing elements, insulation boards, chipboards and IP contracts. The following table presents the Company’s segment revenues disaggregated by the geographical market location of customer sales and product categories for the nine months ended September 28, 2019 and September 29, 2018 : September 28, 2019 Global Ceramic segment Flooring NA segment Flooring ROW segment Total Geographical Markets United States $ 1,633,583 2,793,110 1,252 4,427,945 Europe 552,546 5,902 1,369,908 1,928,356 Russia 196,731 66 83,315 280,112 Other 389,945 108,249 411,553 909,747 $ 2,772,805 2,907,327 1,866,028 7,546,160 Product Categories Ceramic & Stone $ 2,772,805 41,928 — 2,814,733 Carpet & Resilient — 2,360,014 586,388 2,946,402 Laminate & Wood — 505,385 629,500 1,134,885 Other (1) — — 650,140 650,140 $ 2,772,805 2,907,327 1,866,028 7,546,160 September 29, 2018 Global Ceramic segment Flooring NA segment Flooring ROW segment Total Geographical Markets United States $ 1,700,338 2,920,604 421 4,621,363 Europe 573,932 4,737 1,424,113 2,002,782 Russia 183,244 — 73,417 256,661 Other 234,104 130,127 289,979 654,210 $ 2,691,618 3,055,468 1,787,930 7,535,016 Product Categories Ceramic & Stone $ 2,691,618 52,500 — 2,744,118 Carpet & Resilient — 2,466,695 453,597 2,920,292 Laminate & Wood — 536,273 643,389 1,179,662 Other (1) — — 690,944 690,944 $ 2,691,618 3,055,468 1,787,930 7,535,016 (1) Other includes roofing elements, insulation boards, chipboards and IP contracts.

Restructuring, acquisition and

Restructuring, acquisition and integration-related costs	9 Months Ended
	Sep. 28, 2019
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 and nine months ended September 28, 2019 and September 29, 2018 : Three Months Ended Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Cost of sales Restructuring costs (1) $ 7,284 10,004 43,197 33,425 Acquisition integration-related costs 180 198 2,736 3,293 Restructuring and acquisition integration-related costs $ 7,464 10,202 45,933 36,718 Selling, general and administrative expenses Restructuring costs (1) $ 491 1,476 2,336 9,366 Acquisition transaction-related costs 413 3,032 1,330 3,095 Acquisition integration-related costs 1,147 5,180 4,554 8,857 Restructuring, acquisition transaction and integration-related costs $ 2,051 9,688 8,220 21,318 (1) The restructuring costs for 2019 and 2018 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 nine months ended September 28, 2019 is as follows: Lease impairments Asset write-downs Severance Other restructuring costs Total Balance as of December 31, 2018 $ 397 — 7,866 250 8,513 Provision - Global Ceramic segment — — 4,879 — 4,879 Provision - Flooring NA segment — 21,791 1,168 12,087 35,046 Provision - Flooring ROW segment — 2,515 2,367 726 5,608 Cash payments (361 ) — (11,715 ) (12,702 ) (24,778 ) Non-cash items — (24,306 ) (130 ) (111 ) (24,547 ) Balance as of September 28, 2019 $ 36 — 4,435 250 4,721

Receivables, net

Receivables, net	9 Months Ended
	Sep. 28, 2019
Receivables [Abstract]
Receivables, net	Receivables, net Receivables, net are as follows: At September 28, 2019 At December 31, 2018 Customers, trade $ 1,763,435 1,562,284 Income tax receivable 15,781 17,217 Other 78,399 101,376 1,857,615 1,680,877 Less: allowance for discounts, claims and doubtful accounts 70,457 74,718 Receivables, net $ 1,787,158 1,606,159

Inventories

Inventories	9 Months Ended
	Sep. 28, 2019
Inventory Disclosure [Abstract]
Inventories	Inventories The components of inventories are as follows: At September 28, 2019 At December 31, 2018 Finished goods $ 1,637,525 1,582,112 Work in process 150,089 165,616 Raw materials 550,338 539,887 Total inventories $ 2,337,952 2,287,615

Goodwill and intangible assets

Goodwill and intangible assets	9 Months Ended
	Sep. 28, 2019
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, 2018 Goodwill $ 1,564,987 874,198 1,409,206 3,848,391 Accumulated impairment losses (531,930 ) (343,054 ) (452,441 ) (1,327,425 ) 1,033,057 531,144 956,765 2,520,966 Goodwill recognized during the period (1,758 ) — 47,543 45,785 Currency translation during the period (2,740 ) — (44,797 ) (47,537 ) Balance as of September 28, 2019 Goodwill 1,560,489 874,198 1,411,952 3,846,639 Accumulated impairment losses (531,930 ) (343,054 ) (452,441 ) (1,327,425 ) $ 1,028,559 531,144 959,511 2,519,214 Intangible assets not subject to amortization: Tradenames Balance as of December 31, 2018 $ 707,380 Intangible assets acquired during the period (874 ) Currency translation during the period (16,718 ) Balance as of September 28, 2019 $ 689,788 Intangible assets subject to amortization: Gross carrying amounts: Customer Patents Other Total Balance as of December 31, 2018 $ 651,012 254,483 6,535 912,030 Intangible assets recognized during the period 2,092 — — 2,092 Currency translation during the period (20,143 ) (11,213 ) (173 ) (31,529 ) Balance as of September 28, 2019 $ 632,961 243,270 6,362 882,593 Accumulated amortization: Customer Patents Other Total Balance as of December 31, 2018 $ 406,386 249,988 1,227 657,601 Amortization during the period 19,027 1,606 (37 ) 20,596 Currency translation during the period (11,722 ) (11,028 ) (19 ) (22,769 ) Balance as of September 28, 2019 $ 413,691 240,566 1,171 655,428 Intangible assets subject to amortization, net $ 219,270 2,704 5,191 227,165 Three Months Ended Nine Months Ended September 28, September 29, September 28, September 29, Amortization expense $ 6,912 8,148 20,596 23,198

Accounts payable and accrued ex

Accounts payable and accrued expenses	9 Months Ended
	Sep. 28, 2019
Payables and Accruals [Abstract]
Accounts payable and accrued expenses	Accounts payable and accrued expenses Accounts payable and accrued expenses are as follows: At September 28, 2019 At December 31, 2018 Outstanding checks in excess of cash $ 4,064 14,624 Accounts payable, trade 964,098 811,879 Accrued expenses 490,094 430,431 Product warranties 46,984 47,511 Accrued interest 12,293 21,908 Accrued compensation and benefits 221,326 197,513 Total accounts payable and accrued expenses $ 1,738,859 1,523,866

Accumulated other comprehensive

Accumulated other comprehensive income (loss)	9 Months Ended
	Sep. 28, 2019
Equity [Abstract]
Accumulated other comprehensive income (loss)	Accumulated other comprehensive income (loss) The changes in accumulated other comprehensive income (loss) by component, for the nine months ended September 28, 2019 are as follows: Foreign currency translation adjustments Pensions, net of tax Total Balance as of December 31, 2018 $ (782,102 ) (9,506 ) (791,608 ) Current period other comprehensive income (90,962 ) 283 (90,679 ) Balance as of September 28, 2019 $ (873,064 ) (9,223 ) (882,287 ) The following tables reflect the changes in stockholders’ equity for the three months ended September 28, 2019 and September 29, 2018 (in thousands). Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount June 29, 2019 $ — 79,712 $ 797 $ 1,859,248 $ 6,903,261 $ (732,521 ) (7,348 ) $ (215,712 ) $ 6,518 $ 7,821,591 Shares issued under employee and director stock plans — — — — — — — — — — Stock-based compensation expense — — — 5,651 — — — — — 5,651 Repurchases of common stock — (519 ) (5 ) — (67,703 ) — — — — (67,708 ) Accretion of redeemable noncontrolling interest — — — — — — — — — — Noncontrolling earnings — — — — — — — — 150 150 Currency translation adjustment on non-controlling interests — — — — — — — — (157 ) (157 ) Currency translation adjustment — — — — — (149,982 ) — — — (149,982 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 216 — — — 216 Net income — — — — 155,518 — — — — 155,518 September 28, 2019 $ — 79,193 $ 792 $ 1,864,899 $ 6,991,076 $ (882,287 ) (7,348 ) $ (215,712 ) $ 6,511 $ 7,765,279 Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount June 30, 2018 $ 30,043 81,952 $ 820 $ 1,842,060 $ 6,409,552 $ (671,133 ) (7,350 ) $ (215,745 ) $ 7,880 $ 7,373,434 Shares issued under employee and director stock plans — — — — — — — — — — Stock-based compensation expense — — — 5,104 — — — — — 5,104 Repurchases of common stock — — — — — — — — — — Accretion of redeemable noncontrolling interest 670 — — — (669 ) — — — — (669 ) Noncontrolling earnings 817 — — — — — — — 195 195 Currency translation adjustment on non-controlling interests (303 ) — — — — — — — (54 ) (54 ) Currency translation adjustment — — — — — (33,314 ) — — — (33,314 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 68 — — — 68 Net income — — — — 227,013 — — — — 227,013 September 29, 2018 $ 31,227 81,952 $ 820 $ 1,847,164 $ 6,635,896 $ (704,379 ) (7,350 ) $ (215,745 ) $ 8,021 $ 7,571,777 The following tables reflect the changes in stockholders’ equity for the nine months ended September 28, 2019 and September 29, 2018 (in thousands). Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount January 1, 2019 $ — 79,656 $ 797 $ 1,852,173 $ 6,588,197 $ (791,608 ) (7,349 ) $ (215,745 ) $ 6,245 $ 7,440,059 Shares issued under employee and director stock plans — 122 1 (4,502 ) — — 1 33 — (4,468 ) Stock-based compensation expense — — — 17,228 — — — — — 17,228 Repurchases of common stock — (585 ) (6 ) — (76,665 ) — — — — (76,671 ) Accretion of redeemable noncontrolling interest — — — — — — — — — — Noncontrolling earnings — — — — — — — — 354 354 Currency translation adjustment on non-controlling interests — — — — — — — — (88 ) (88 ) Currency translation adjustment — — — — — (90,962 ) — — — (90,962 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 283 — — — 283 Net income — — — — 479,544 — — — — 479,544 September 28, 2019 $ — 79,193 $ 792 $ 1,864,899 $ 6,991,076 $ (882,287 ) (7,348 ) $ (215,712 ) $ 6,511 $ 7,765,279 Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount January 1, 2018 $ 29,463 81,771 $ 818 $ 1,828,131 $ 6,004,506 $ (558,527 ) (7,350 ) $ (215,766 ) $ 7,847 $ 7,067,009 Shares issued under employee and director stock plans — 181 2 (7,664 ) — — — 21 — (7,641 ) Stock-based compensation expense — — — 26,697 — — — — — 26,697 Repurchases of common stock — — — — — — — — — — Accretion of redeemable noncontrolling interest 975 — — — (975 ) — — — — (975 ) Noncontrolling earnings 2,043 — — — — — — — 404 404 Currency translation adjustment on non-controlling interests (1,254 ) — — — — — — — (230 ) (230 ) Currency translation adjustment — — — — (146,143 ) — — — (146,143 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 291 — — — 291 Net income — — — — 632,365 — — — — 632,365 September 29, 2018 $ 31,227 81,952 $ 820 $ 1,847,164 $ 6,635,896 $ (704,379 ) (7,350 ) $ (215,745 ) $ 8,021 $ 7,571,777

Leases

Leases	9 Months Ended
	Sep. 28, 2019
Leases [Abstract]
Leases	Leases Effective January 1, 2019 the Company adopted ASC 842, which requires recognition of right of use (“ROU”) assets and lease liabilities on the balance sheet, based on the present value of the future minimum rental payments for existing operating leases. The Company adopted the provisions of ASC 842 on January 1, 2019 using a modified retrospective approach through a cumulative effect adjustment to retained earnings as of the beginning of the period of adoption in line with the new transition method allowed under ASU 2018-11. ASC 842 provides a number of optional practical expedients in transition. The Company elected the “package of practical expedients” which permits the Company not to reassess under the new standard its prior conclusions about lease identification, lease classification and initial direct costs. The Company did not elect the use-of-hindsight and elected the practical expedient pertaining to land easements. The new standard also provides practical expedients for an entity’s ongoing accounting for leases. The Company elected the short-term lease exemption for all leases that qualify, meaning the Company will not recognize ROU assets or lease liabilities for leases with terms shorter than twelve months. The Company also elected the practical expedient to not separate lease and non-lease components for a majority of its asset classes, including real estate and most equipment. The Company measures the ROU assets and liabilities based on the present value of the future minimum lease payments over the lease term at the commencement date. Minimum lease payments include the fixed lease and non-lease components of the agreement, as well as any variable rent payments that depend on an index, initially measured using the index at the lease commencement date. The ROU assets are adjusted for any initial direct costs incurred less any lease incentives received, in addition to payments made on or before the commencement date of the lease. The Company recognizes lease expense for leases on a straight-line basis over the lease term. As the implicit rate is not readily determinable for most of the Company’s lease agreements, the Company uses an estimated incremental borrowing rate to determine the initial present value of lease payments. These discount rates for leases are calculated using the Company’s credit spread adjusted for current market factors and foreign currency rates. The Company also made a policy election to determine its incremental borrowing rate, at the initial application date, using the total lease term and the total minimum rental payments, as the Company believes this rate is more indicative of the implied financing cost. The Company determines if a contract is or contains a lease at inception. The Company has operating and finance leases for service centers, warehouses, showrooms, and machinery and equipment. Leases with an initial term of 12 months or less are not recorded on the balance sheet. The Company enters into lease contracts ranging from 1 to 60 years with a majority of the Company’s lease terms ranging from 1 to 8 years . Some leases include one or more options to renew, with renewal terms that can extend the lease term from 3 to 10 years or more. The exercise of these lease renewal options is at the Company’s sole discretion. An insignificant number of our leases include options to purchase the leased property. The depreciable life of assets and leasehold improvements are limited by the expected lease term. Certain of our leases include rental payments that will adjust periodically for inflation or certain adjustments based on step increases. An insignificant number of our leases contain residual value guarantees and none of our agreements contain material restrictive covenants. Variable rent expenses consist primarily of maintenance, property taxes and charges based on usage. We rent or sublease certain real estate to third parties. Our sublease portfolio consists mainly of operating leases. The components of lease costs are as follows: Three Months Ended September 28, 2019 Nine Months Ended September 28, 2019 Cost of Goods Sold Selling, General and Administrative Total Cost of Goods Sold Selling, General and Administrative Total Operating lease costs Fixed $ 8,068 25,316 33,384 23,925 72,578 96,503 Short-term 1,092 2,640 3,732 4,083 9,126 13,209 Variable 1,475 7,053 8,528 5,846 21,601 27,447 Sub-leases (114 ) (113 ) (227 ) (239 ) (397 ) (636 ) 10,521 34,896 45,417 33,615 102,908 136,523 Finance lease costs Amortization of leased assets — 404 404 — 1,228 1,228 Interest on lease liabilities — 102 102 — 191 191 — 506 506 — 1,419 1,419 Net lease costs $ 10,521 35,402 45,923 33,615 104,327 137,942 Supplemental balance sheet information related to leases is as follows: Classification At September 28, 2019 Assets Operating Leases Right of use operating lease assets Right of use operating lease assets $ 334,083 Finance Leases Property, plant and equipment, gross Property, plant and equipment 14,727 Accumulated depreciation Accumulated depreciation (2,809 ) Property, plant and equipment, net Property, plant and equipment, net 11,918 Total lease assets $ 346,001 Liabilities Operating Leases Other current Current operating lease liabilities $ 102,682 Non-current Non-current operating lease liabilities 238,560 Total operating liabilities 341,242 Finance Leases Short-term debt Short-term debt and current portion of long-term debt 1,351 Long-term debt Long-term debt, less current portion 11,319 Total finance liabilities 12,670 Total lease liabilities $ 353,912 Maturities of lease liabilities are as follows: Year ending December 31, Finance Leases Operating Leases Total 2019 (excluding the nine months ended September 28, 2019) $ 432 31,316 31,748 2020 1,647 116,032 117,679 2021 1,258 88,122 89,380 2022 1,022 59,951 60,973 2023 926 32,688 33,614 Thereafter 8,987 42,182 51,169 Total lease payments 14,272 370,291 384,563 Less imputed interest 1,602 29,049 Present value, Total $ 12,670 341,242 The Company had approximately $2,709 of leases that commenced after September 28, 2019 that created rights and obligations to the Company. These leases are not included in the above maturity schedule. For additional information regarding the Company’s Commitments and Contingencies as of December 31, 2018 as disclosed for capital and operating leases, see Note 14 in its 2018 Annual Report filed on Form 10-K. Lease term and discount rate are as follows: At September 28, 2019 Weighted Average Remaining Lease Term Operating Leases 4.37 Finance Leases 12.32 Weighted Average Discount Rate Operating Leases 3.3 % Finance Leases 2.4 % Supplemental cash flow information related to leases was as follows: Nine Months Ended September 28, Cash paid for amounts included in measurement of lease liabilities: Operating cash flows from operating leases $ 96,752 Operating cash flows from finance leases 123 Financing cash flows from finance leases 1,224 Right-of-use assets obtained in exchange for lease obligations: Operating Leases 113,253 Finance Leases 7,636 Amortization: Amortization of Right of use operating lease assets (1) 85,061 (1) Amortization of Right of use operating lease assets during the period is reflected in Other assets and prepaid expenses on the Condensed Consolidated Statements of Cash Flows.
Leases	Leases Effective January 1, 2019 the Company adopted ASC 842, which requires recognition of right of use (“ROU”) assets and lease liabilities on the balance sheet, based on the present value of the future minimum rental payments for existing operating leases. The Company adopted the provisions of ASC 842 on January 1, 2019 using a modified retrospective approach through a cumulative effect adjustment to retained earnings as of the beginning of the period of adoption in line with the new transition method allowed under ASU 2018-11. ASC 842 provides a number of optional practical expedients in transition. The Company elected the “package of practical expedients” which permits the Company not to reassess under the new standard its prior conclusions about lease identification, lease classification and initial direct costs. The Company did not elect the use-of-hindsight and elected the practical expedient pertaining to land easements. The new standard also provides practical expedients for an entity’s ongoing accounting for leases. The Company elected the short-term lease exemption for all leases that qualify, meaning the Company will not recognize ROU assets or lease liabilities for leases with terms shorter than twelve months. The Company also elected the practical expedient to not separate lease and non-lease components for a majority of its asset classes, including real estate and most equipment. The Company measures the ROU assets and liabilities based on the present value of the future minimum lease payments over the lease term at the commencement date. Minimum lease payments include the fixed lease and non-lease components of the agreement, as well as any variable rent payments that depend on an index, initially measured using the index at the lease commencement date. The ROU assets are adjusted for any initial direct costs incurred less any lease incentives received, in addition to payments made on or before the commencement date of the lease. The Company recognizes lease expense for leases on a straight-line basis over the lease term. As the implicit rate is not readily determinable for most of the Company’s lease agreements, the Company uses an estimated incremental borrowing rate to determine the initial present value of lease payments. These discount rates for leases are calculated using the Company’s credit spread adjusted for current market factors and foreign currency rates. The Company also made a policy election to determine its incremental borrowing rate, at the initial application date, using the total lease term and the total minimum rental payments, as the Company believes this rate is more indicative of the implied financing cost. The Company determines if a contract is or contains a lease at inception. The Company has operating and finance leases for service centers, warehouses, showrooms, and machinery and equipment. Leases with an initial term of 12 months or less are not recorded on the balance sheet. The Company enters into lease contracts ranging from 1 to 60 years with a majority of the Company’s lease terms ranging from 1 to 8 years . Some leases include one or more options to renew, with renewal terms that can extend the lease term from 3 to 10 years or more. The exercise of these lease renewal options is at the Company’s sole discretion. An insignificant number of our leases include options to purchase the leased property. The depreciable life of assets and leasehold improvements are limited by the expected lease term. Certain of our leases include rental payments that will adjust periodically for inflation or certain adjustments based on step increases. An insignificant number of our leases contain residual value guarantees and none of our agreements contain material restrictive covenants. Variable rent expenses consist primarily of maintenance, property taxes and charges based on usage. We rent or sublease certain real estate to third parties. Our sublease portfolio consists mainly of operating leases. The components of lease costs are as follows: Three Months Ended September 28, 2019 Nine Months Ended September 28, 2019 Cost of Goods Sold Selling, General and Administrative Total Cost of Goods Sold Selling, General and Administrative Total Operating lease costs Fixed $ 8,068 25,316 33,384 23,925 72,578 96,503 Short-term 1,092 2,640 3,732 4,083 9,126 13,209 Variable 1,475 7,053 8,528 5,846 21,601 27,447 Sub-leases (114 ) (113 ) (227 ) (239 ) (397 ) (636 ) 10,521 34,896 45,417 33,615 102,908 136,523 Finance lease costs Amortization of leased assets — 404 404 — 1,228 1,228 Interest on lease liabilities — 102 102 — 191 191 — 506 506 — 1,419 1,419 Net lease costs $ 10,521 35,402 45,923 33,615 104,327 137,942 Supplemental balance sheet information related to leases is as follows: Classification At September 28, 2019 Assets Operating Leases Right of use operating lease assets Right of use operating lease assets $ 334,083 Finance Leases Property, plant and equipment, gross Property, plant and equipment 14,727 Accumulated depreciation Accumulated depreciation (2,809 ) Property, plant and equipment, net Property, plant and equipment, net 11,918 Total lease assets $ 346,001 Liabilities Operating Leases Other current Current operating lease liabilities $ 102,682 Non-current Non-current operating lease liabilities 238,560 Total operating liabilities 341,242 Finance Leases Short-term debt Short-term debt and current portion of long-term debt 1,351 Long-term debt Long-term debt, less current portion 11,319 Total finance liabilities 12,670 Total lease liabilities $ 353,912 Maturities of lease liabilities are as follows: Year ending December 31, Finance Leases Operating Leases Total 2019 (excluding the nine months ended September 28, 2019) $ 432 31,316 31,748 2020 1,647 116,032 117,679 2021 1,258 88,122 89,380 2022 1,022 59,951 60,973 2023 926 32,688 33,614 Thereafter 8,987 42,182 51,169 Total lease payments 14,272 370,291 384,563 Less imputed interest 1,602 29,049 Present value, Total $ 12,670 341,242 The Company had approximately $2,709 of leases that commenced after September 28, 2019 that created rights and obligations to the Company. These leases are not included in the above maturity schedule. For additional information regarding the Company’s Commitments and Contingencies as of December 31, 2018 as disclosed for capital and operating leases, see Note 14 in its 2018 Annual Report filed on Form 10-K. Lease term and discount rate are as follows: At September 28, 2019 Weighted Average Remaining Lease Term Operating Leases 4.37 Finance Leases 12.32 Weighted Average Discount Rate Operating Leases 3.3 % Finance Leases 2.4 % Supplemental cash flow information related to leases was as follows: Nine Months Ended September 28, Cash paid for amounts included in measurement of lease liabilities: Operating cash flows from operating leases $ 96,752 Operating cash flows from finance leases 123 Financing cash flows from finance leases 1,224 Right-of-use assets obtained in exchange for lease obligations: Operating Leases 113,253 Finance Leases 7,636 Amortization: Amortization of Right of use operating lease assets (1) 85,061 (1) Amortization of Right of use operating lease assets during the period is reflected in Other assets and prepaid expenses on the Condensed Consolidated Statements of Cash Flows.

Stock-based compensation

Stock-based compensation	9 Months Ended
	Sep. 28, 2019
Share-based Payment Arrangement, Noncash Expense [Abstract]
Stock-based compensation	Stock-based compensation The Company recognizes compensation expense for all share-based payments granted based on the grant-date fair value estimated in accordance with the provisions of ASC 718-10. Compensation expense is recognized on a straight-line basis over the options’ or other awards’ estimated lives for fixed awards with ratable vesting provisions. The Company granted no restricted stock units (“RSUs”) for the three months ended September 28, 2019 . The Company granted 187 RSUs at a weighted average grant-date fair value of $137.30 per unit for the nine months ended September 28, 2019 . The Company granted 3 RSUs at a weighted average grant-date fair value of $189.39 per unit for the three months ended September 29, 2018 . The Company granted 130 at a weighted average grant-date fair value of $ 236.82 per unit for the nine months ended September 29, 2018 . The Company recognized stock-based compensation costs related to the issuance of RSUs of $5,651 ( $4,182 net of taxes) and $5,104 ( $3,777 net of taxes) for the three months ended September 28, 2019 and September 29, 2018 , respectively, which has been allocated to cost of sales and selling, general and administrative expenses. The Company recognized stock-based compensation costs related to the issuance of RSUs of $17,228 ( $12,749 net of taxes) and $26,697 ( $19,756 net of taxes) for the nine months ended September 28, 2019 and September 29, 2018 , 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 $20,598 as of September 28, 2019 , and will be recognized as expense over a weighted-average period of approximately 1.46 years . The Company did not recognize any stock-based compensation costs related to stock options for the nine months ended September 28, 2019 and September 29, 2018 , respectively.

Other expense (income), net

Other expense (income), net	9 Months Ended
	Sep. 28, 2019
Other Nonoperating Income (Expense) [Abstract]
Other expense (income), net	Other expense (income), net Other expense (income), net is as follows: Three Months Ended Nine Months Ended September 28, September 29, September 28, September 29, Foreign currency losses (gains), net $ (1,181 ) 2,456 (203 ) 7,178 Release of indemnification asset (659 ) — (659 ) 1,749 Impairment of net investment in a manufacturer and distributor of Ceramic tile in China (1) 65,172 — 65,172 — All other, net (10,619 ) (1,750 ) (18,381 ) (2,133 ) Total other expense, net $ 52,713 706 45,929 6,794 (1) During the quarter, the Company determined that its net investment in a manufacturer and distributor of ceramic tile in China was impaired and therefore recorded a net impairment charge of $65,172 .

Income Taxes

Income Taxes	9 Months Ended
	Sep. 28, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the quarter ended September 28, 2019 , the Company recorded income tax expense of $22,522 on earnings before income taxes of $178,191 for an effective tax rate of 12.6% , as compared to an income tax expense of $49,487 on earnings before income taxes of $277,513 , for an effective tax rate of 17.8% for the quarter ended September 29, 2018 . For the nine months ended September 28, 2019 , the Company recorded income tax expense of $116,273 on earnings before income taxes of $596,171 for an effective tax rate of 19.5% , as compared to an income tax expense of $215,928 on earnings before income taxes of $850,740 , for an effective tax rate of 25.4% for the nine months ended September 29, 2018 . The difference in the effective tax rates for the comparative periods was caused by the geographical dispersion of profits and losses, a discrete one-time benefit in Q3 of 2019 related to the impairment of the Company's net investment in a manufacturer and distributor of ceramic tile in China, and the issuance of IRS Notice 2018-26 which caused the Company to record $54,674

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 28, 2019
Equity [Abstract]
Stockholders' Equity	Accumulated other comprehensive income (loss) The changes in accumulated other comprehensive income (loss) by component, for the nine months ended September 28, 2019 are as follows: Foreign currency translation adjustments Pensions, net of tax Total Balance as of December 31, 2018 $ (782,102 ) (9,506 ) (791,608 ) Current period other comprehensive income (90,962 ) 283 (90,679 ) Balance as of September 28, 2019 $ (873,064 ) (9,223 ) (882,287 ) The following tables reflect the changes in stockholders’ equity for the three months ended September 28, 2019 and September 29, 2018 (in thousands). Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount June 29, 2019 $ — 79,712 $ 797 $ 1,859,248 $ 6,903,261 $ (732,521 ) (7,348 ) $ (215,712 ) $ 6,518 $ 7,821,591 Shares issued under employee and director stock plans — — — — — — — — — — Stock-based compensation expense — — — 5,651 — — — — — 5,651 Repurchases of common stock — (519 ) (5 ) — (67,703 ) — — — — (67,708 ) Accretion of redeemable noncontrolling interest — — — — — — — — — — Noncontrolling earnings — — — — — — — — 150 150 Currency translation adjustment on non-controlling interests — — — — — — — — (157 ) (157 ) Currency translation adjustment — — — — — (149,982 ) — — — (149,982 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 216 — — — 216 Net income — — — — 155,518 — — — — 155,518 September 28, 2019 $ — 79,193 $ 792 $ 1,864,899 $ 6,991,076 $ (882,287 ) (7,348 ) $ (215,712 ) $ 6,511 $ 7,765,279 Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount June 30, 2018 $ 30,043 81,952 $ 820 $ 1,842,060 $ 6,409,552 $ (671,133 ) (7,350 ) $ (215,745 ) $ 7,880 $ 7,373,434 Shares issued under employee and director stock plans — — — — — — — — — — Stock-based compensation expense — — — 5,104 — — — — — 5,104 Repurchases of common stock — — — — — — — — — — Accretion of redeemable noncontrolling interest 670 — — — (669 ) — — — — (669 ) Noncontrolling earnings 817 — — — — — — — 195 195 Currency translation adjustment on non-controlling interests (303 ) — — — — — — — (54 ) (54 ) Currency translation adjustment — — — — — (33,314 ) — — — (33,314 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 68 — — — 68 Net income — — — — 227,013 — — — — 227,013 September 29, 2018 $ 31,227 81,952 $ 820 $ 1,847,164 $ 6,635,896 $ (704,379 ) (7,350 ) $ (215,745 ) $ 8,021 $ 7,571,777 The following tables reflect the changes in stockholders’ equity for the nine months ended September 28, 2019 and September 29, 2018 (in thousands). Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount January 1, 2019 $ — 79,656 $ 797 $ 1,852,173 $ 6,588,197 $ (791,608 ) (7,349 ) $ (215,745 ) $ 6,245 $ 7,440,059 Shares issued under employee and director stock plans — 122 1 (4,502 ) — — 1 33 — (4,468 ) Stock-based compensation expense — — — 17,228 — — — — — 17,228 Repurchases of common stock — (585 ) (6 ) — (76,665 ) — — — — (76,671 ) Accretion of redeemable noncontrolling interest — — — — — — — — — — Noncontrolling earnings — — — — — — — — 354 354 Currency translation adjustment on non-controlling interests — — — — — — — — (88 ) (88 ) Currency translation adjustment — — — — — (90,962 ) — — — (90,962 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 283 — — — 283 Net income — — — — 479,544 — — — — 479,544 September 28, 2019 $ — 79,193 $ 792 $ 1,864,899 $ 6,991,076 $ (882,287 ) (7,348 ) $ (215,712 ) $ 6,511 $ 7,765,279 Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount January 1, 2018 $ 29,463 81,771 $ 818 $ 1,828,131 $ 6,004,506 $ (558,527 ) (7,350 ) $ (215,766 ) $ 7,847 $ 7,067,009 Shares issued under employee and director stock plans — 181 2 (7,664 ) — — — 21 — (7,641 ) Stock-based compensation expense — — — 26,697 — — — — — 26,697 Repurchases of common stock — — — — — — — — — — Accretion of redeemable noncontrolling interest 975 — — — (975 ) — — — — (975 ) Noncontrolling earnings 2,043 — — — — — — — 404 404 Currency translation adjustment on non-controlling interests (1,254 ) — — — — — — — (230 ) (230 ) Currency translation adjustment — — — — (146,143 ) — — — (146,143 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 291 — — — 291 Net income — — — — 632,365 — — — — 632,365 September 29, 2018 $ 31,227 81,952 $ 820 $ 1,847,164 $ 6,635,896 $ (704,379 ) (7,350 ) $ (215,745 ) $ 8,021 $ 7,571,777

Earnings per share

Earnings per share	9 Months Ended
	Sep. 28, 2019
Earnings Per Share [Abstract]
Earnings per share	Earnings per share Basic earnings per common share is computed by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted earnings per common share assumes the exercise of outstanding stock options and the vesting of RSUs using the treasury stock method when the effects of such assumptions are dilutive. A reconciliation of net earnings available to common stockholders and weighted-average common shares outstanding for purposes of calculating basic and diluted earnings per share is as follows: Three Months Ended Nine Months Ended September 28, September 29, September 28, September 29, Net earnings attributable to Mohawk Industries, Inc. $ 155,518 227,013 479,544 632,365 Accretion of redeemable noncontrolling interest (1) — (670 ) — (975 ) Net earnings available to common stockholders $ 155,518 226,343 479,544 631,390 Weighted-average common shares outstanding-basic and diluted: Weighted-average common shares outstanding—basic 72,106 74,603 72,302 74,599 Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net 286 342 276 378 Weighted-average common shares outstanding-diluted 72,392 74,945 72,578 74,977 Earnings per share attributable to Mohawk Industries, Inc. Basic $ 2.16 3.03 6.63 8.46 Diluted $ 2.15 3.02 6.61 8.42 (1) Represents the accretion of the Company’s redeemable noncontrolling interest to redemptive value. The holder put this option to the Company on December 20, 2018 for $33,884 .

Segment reporting

Segment reporting	9 Months Ended
	Sep. 28, 2019
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 tile and other products including natural stone, quartz and porcelain slab countertops, which it distributes primarily in North America, Europe, Brazil and Russia through various selling channels, which include Company-owned stores, independent distributors, independent retailers, home centers, commercial contractors and commercial end users. The Flooring NA Segment designs, manufactures, sources and markets its floor covering product lines, including carpets, rugs, carpet cushion, wood flooring, laminate and vinyl products, including luxury vinyl tile (LVT), which it distributes to its residential and commercial sales channels 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 independent floor covering retailers, independent distributors, home centers, mass merchandisers, department stores, shop at home, online retailers, buying groups, commercial contractors and commercial end users. The Flooring ROW Segment designs, manufactures, sources, licenses and markets laminate, wood flooring, carpets, roofing elements, insulation boards, medium-density fiberboard (“MDF”), chipboards, other wood products and vinyl products, including LVT, which it distributes primarily in Europe, Russia, Australia and New Zealand through various selling channels, which include independent floor covering retailers, independent distributors, company-owned distributors, home centers, commercial contractors and commercial end users. The accounting policies for each operating segment are consistent with the Company’s policies for the consolidated financial statements. Amounts disclosed for each segment are prior to any elimination or consolidation entries. Corporate general and administrative expenses attributable to each segment are estimated and allocated accordingly. Segment performance is evaluated based on operating income. Segment information is as follows: Three Months Ended Nine Months Ended September 28, September 29, September 28, September 29, Net sales: Global Ceramic segment $ 916,422 885,773 2,772,805 2,691,618 Flooring NA segment 1,001,908 1,047,540 2,907,327 3,055,468 Flooring ROW segment 600,855 612,487 1,866,028 1,787,930 Intersegment sales — — — — Total $ 2,519,185 2,545,800 7,546,160 7,535,016 Operating income (loss): Global Ceramic segment $ 84,410 118,716 286,886 366,893 Flooring NA segment 80,223 93,369 140,374 268,779 Flooring ROW segment 84,428 84,108 276,392 273,334 Corporate and intersegment eliminations (8,841 ) (8,949 ) (31,242 ) (27,056 ) Total $ 240,220 287,244 672,410 881,950 At September 28, 2019 At December 31, 2018 Assets: Global Ceramic segment $ 5,385,279 5,194,030 Flooring NA segment 4,020,205 3,938,639 Flooring ROW segment 3,736,296 3,666,617 Corporate and intersegment eliminations 250,982 299,837 Total $ 13,392,762 13,099,123

Commitments and contingencies

Commitments and contingencies	9 Months Ended
	Sep. 28, 2019
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. Alabama Municipal Litigation In September 2016, the Water Works and Sewer Board of the City of Gadsden, Alabama (the “Gadsden Water Board”) filed an individual complaint in the Circuit Court of Etowah County, Alabama against certain manufacturers, suppliers, and users of chemicals containing specific 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 Gadsden Water Board filed a motion to remand the case back to the state court, and the defendants opposed the Gadsden Water Board’s motion. The federal court granted Gadsden Water Board’s motion for remand. In May 2017, the Water Works and Sewer Board of the Town of Centre, Alabama (the “Centre Water Board”) filed a very similar complaint to the Gadsden Water Board complaint in the Circuit Court of Cherokee County. On June 19, 2017, the defendants removed this case to the United States District Court for the Northern District of Alabama, Middle Division, again alleging diversity of citizenship and fraudulent joinder. The Centre Water Board filed a motion to remand the case back to state court, and the defendants opposed the Centre Water Board’s motion. The federal court granted Centre Water Board's motion for remand. Certain defendants, including the Company, filed dispositive motions in each case arguing that the state court lacks personal jurisdiction over them. Both state courts denied those motions. In June and September 2018, certain defendants, including the Company, petitioned the Alabama Supreme Court for Writs of Mandamus directing each lower court to enter an order granting the defendants’ dispositive motions on personal jurisdiction grounds. Those petitions have been fully briefed and the Company awaits a decision from the Alabama Supreme Court. The Company has never manufactured the perfluorinated compounds at issue but purchased them for use in the manufacture of its carpets prior to 2007. The Gadsden and Centre Water Boards are not alleging that chemical levels in the Company’s wastewater discharge exceeded legal limits. Instead, the Gadsden and Centre Water Boards are seeking lost profits based on allegations that their customers decreased water purchases, as well as reimbursement for the cost of a filter and punitive damages. Belgian Tax Matter Between 2012 and 2014, the Company received assessments from the Belgian tax authority for the calendar years 2005 through 2010 in the amounts of € 46,135 , €38,817 , €39,635 , € 30,131 , € 35,567 and €43,117 respectively, including penalties, but excluding interest. The Belgian tax authority denied the Company’s formal protests against these assessments and the Company brought all six years before the Court of First Appeal in Bruges. The Court of First Appeal in Bruges ruled in favor of the Company on January 27, 2016, with respect to the calendar years ending December 31, 2005 and December 31, 2009; and on June 13, 2018, the Court of First Appeal in Bruges ruled in favor of the Company with respect to the calendar years ending December 31, 2006, December 31, 2007, December 31, 2008 and December 31, 2010. The Belgian tax authority has lodged its Notification of Appeal for all six years with the Ghent Court of Appeal. On September 17, 2019, the Company pled its case to the Ghent Court of Special (Tax) Appeals and on October 1, 2019, the Court ruled in favor of the Company, re-confirming the rulings of the Court of First Appeals in Bruges with respect to the calendar years ending December 31, 2005 and December 31, 2009. The Belgian Tax Authority has three months within which to appeal to the Belgium Supreme Court. In March 2019, the Company received assessments from the Belgian tax authority for tax years 2011 through 2017 in the amount of € 40,617 , € 39,732 , € 11,358 , € 23,919 , € 30,610 , € 93,145 and € 79,933 respectively, including penalties, but excluding interest. The Company intends to file formal protests based on these assessments in a timely manner. The assessments are largely based on the same facts underlying the positive rulings, which the Belgian tax authority may appeal. The Company continues to disagree 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. General

Debt

Debt	9 Months Ended
	Sep. 28, 2019
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 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 the first half of 2017, the Company amended the 2015 Senior Credit Facility to extend the maturity date from March 26, 2021 to March 26, 2022. 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 September 28, 2019 ), or (b) the higher of the Wells Fargo Bank, National Association prime rate, the Federal Funds rate plus 0.5% , or the Eurocurrency Rate (as defined in the 2015 Senior Credit Facility) rate plus 1.0% , plus an applicable margin ranging between 0.00% and 0.75% ( 0.125% as of September 28, 2019 ). 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 September 28, 2019 ). 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. In 2017, the Company paid financing costs of $567 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 September 28, 2019 , amounts utilized under the 2015 Senior Credit Facility included $2,500 of borrowings and $22,787 of standby letters of credit related to various insurance contracts and foreign vendor commitments. The outstanding borrowings of $932,776 under the Company’s U.S. and European commercial paper programs as of September 28, 2019 reduce the availability of the 2015 Senior Credit Facility. Including commercial paper borrowings, the Company has utilized $958,063 under the 2015 Senior Credit Facility resulting in a total of $841,937 available as of September 28, 2019 . Senior Credit Facility Subsequent Event On October 18, 2019, the Company amended and restated its 2015 Senior Credit Facility, extending the maturity from March 26, 2022 to October 17, 2024 (as amended and restated, the “2019 Senior Credit Facility”). The modifications also included (but were not limited to) renewing the Company’s option to extend the maturity of the 2019 Senior Credit Facility up to two times for an additional one-year period each, reducing commitment fees, and modifying certain of the negative covenants to provide the Company with additional flexibility, including additional flexibility to make acquisitions and incur indebtedness. Commercial Paper On February 28, 2014 and July 31, 2015 , the Company established programs for the issuance of unsecured commercial paper in the United States and Eurozone capital markets, respectively. Commercial paper issued under the U.S. and European programs will have maturities ranging up to 397 and 183 days, respectively. None of the commercial paper notes may be voluntarily prepaid or redeemed by the Company and 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 Senior Credit Facility) at any time. The proceeds from the issuance of commercial paper notes will be available for general corporate purposes. As of September 28, 2019 , there was $409,800 outstanding under the U.S. commercial paper program, and the euro equivalent of $522,976 under the European program. The weighted-average interest rate and maturity period for the U.S. program were 2.32% and 25.07 days, respectively. The weighted average interest rate and maturity period for the European program were (0.22)% and 30.7 days, respectively. Senior Notes On September 4, 2019 , Mohawk Capital Finance S.A. (“Mohawk Finance”), an indirect wholly-owned finance subsidiary of the Company, completed the issuance and sale of €300,000 aggregate principal amount of its Floating Rate Notes due September 4, 2021 (“2021 Floating Rate Notes”). The 2021 Floating Rate Notes are senior unsecured obligations of Mohawk Finance and rank pari passu with all of Mohawk Finance’s other existing and future senior unsecured indebtedness. The 2021 Floating Rate Notes are fully, unconditionally and irrevocably guaranteed by the Company on a senior unsecured basis. These notes bear interest at a rate per annum, reset quarterly, equal to three-month EURIBOR plus 0.2% (but in no event shall the interest rate be less than zero). Interest on the 2021 Floating Rate Notes is payable quarterly on December 4 , March 4 , June 4 , and September 4 of each year. Mohawk Finance received an issuance premium of €744 and paid financing cost of $754 in connection with the 2021 Floating Rate Notes. The issuance premium and financing costs have been deferred and are being amortized over the term of the 2021 Floating Rate Notes. On May 18, 2018 , Mohawk Finance, an indirect wholly-owned finance subsidiary of the Company, completed the issuance and sale of €300,000 aggregate principal amount of its Floating Rate Notes due May 18, 2020 (“2020 Floating Rate Notes”). The 2020 Floating Rate Notes are senior unsecured obligations of Mohawk Finance and rank pari passu with all of Mohawk Finance’s other existing and future senior unsecured indebtedness. The 2020 Floating Rate Notes are fully, unconditionally and irrevocably guaranteed by the Company on a senior unsecured basis. These notes bear interest at a rate per annum, reset quarterly, equal to three-month EURIBOR plus 0.3% (but in no event shall the interest rate be less than zero). Interest on the 2020 Floating Rate Notes is payable quarterly on August 18 , November 18 , February 18 , and May 18 of each year. Mohawk Finance paid financing costs of $890 in connection with the 2020 Floating Rate Notes. These costs were deferred and are being amortized over the term of the 2020 Floating Rate Notes. On September 11, 2017 , Mohawk Finance completed the issuance and sale of €300,000 aggregate principal amount of its Floating Rate Notes due September 11, 2019 (“2019 Floating Rate Notes”). The 2019 Floating Rate Notes are senior unsecured obligations of Mohawk Finance and rank pari passu with all of Mohawk Finance’s other existing and future senior unsecured indebtedness. The 2019 Floating Rate Notes are fully, unconditionally and irrevocably guaranteed by the Company on a senior unsecured basis. These notes bear interest at a rate per annum, reset quarterly, equal to three-month EURIBOR plus 0.3% (but in no event shall the interest rate be less than zero). Interest on the 2019 Floating Rate Notes is payable quarterly on September 11 , December 11 , March 11 , and June 11 of each year. Mohawk Finance paid financing costs of $911 in connection with the 2019 Floating Rate Notes. These costs were deferred and are being amortized over the term of the 2019 Floating Rate Notes. On September 11, 2019, the Company paid the remaining €300,000 outstanding principal of the 2019 Floating Rate Notes utilizing cash on hand and borrowings under its European commercial paper program. On June 9, 2015, the Company issued €500,000 aggregate principal amount of 2.00% Senior Notes (“ 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, commencing on January 14, 2016. 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 (“ 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 of 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. As defined in the related agreements, the Company’s senior notes contain covenants, representations and warranties and events of default, subject to exceptions, and restrictions on the Company’s financial and business operations, including limitations on liens, restrictions on entering into sale and leaseback transactions, fundamental changes, and a provision allowing the holder of the notes to require repayment upon a change of control triggering event. The fair values and carrying values of our debt instruments are detailed as follows: At September 28, 2019 At December 31, 2018 Fair Value Carrying Value Fair Value Carrying Value 3.85% senior notes, payable February 1, 2023; interest payable semiannually $ 626,491 600,000 599,904 600,000 2.00% senior notes, payable January 14, 2022; interest payable annually 569,037 547,046 587,487 572,148 Floating Rate Notes, payable May 18, 2020, interest payable quarterly 328,002 328,228 343,004 343,289 Floating Rate Notes, payable September 11, 2019, interest payable quarterly — — 343,560 343,289 Floating rate notes, payable September 04, 2021, interest payable quarterly 324,650 328,228 — — U.S. commercial paper 409,800 409,800 632,668 632,668 European commercial paper 522,976 522,976 707,175 707,175 Five-year senior secured credit facility, due March 26, 2022 2,500 2,500 57,896 57,896 Capital leases and other 21,469 21,469 6,664 6,664 Unamortized debt issuance costs (3,508 ) (3,508 ) (5,155 ) (5,155 ) Total debt 2,801,417 2,756,739 3,273,203 3,257,974 Less current portion of long-term debt and commercial paper 1,273,158 1,273,158 1,742,373 1,742,373 Long-term debt, less current portion $ 1,528,259 1,483,581 1,530,830 1,515,601 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.

Subsequent Event

Subsequent Event	9 Months Ended
	Sep. 28, 2019
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On October 18, 2019, the Company amended and restated its 2015 Senior Credit Facility, extending the maturity from March 26, 2022 to October 17, 2024 (as amended and restated, the “2019 Senior Credit Facility”). The modifications also included (but were not limited to) renewing the Company’s option to extend the maturity of the 2019 Senior Credit Facility up to two

General (Policies)

General (Policies)	9 Months Ended
	Sep. 28, 2019
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 2018
Hedges of Net Investments in Non-U.S. Operations	Hedges of Net Investments in Non-U.S. Operations
Recent Accounting Pronouncements	Recent Accounting Pronouncements - Recently Adopted In February 2016, the FASB issued a new standard ASU 2016-02, Leases , and subsequently issued additional ASUs amending this ASU (collectively ASC 842, Leases ). ASC 842 was issued to increase transparency and comparability among organizations by requiring the recognition of right of use (“ROU”) assets and lease liabilities on the balance sheet. Most prominent among the changes in the standard is the recognition of ROU assets and lease liabilities by lessees for those leases classified as operating leases. Under the standard, disclosures are required to meet the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. The Company adopted the provisions of ASC 842 on January 1, 2019 using a modified retrospective approach through a cumulative effect adjustment to retained earnings as of the beginning of the period of adoption in line with the new transition method allowed under ASU 2018-11. ASC 842 provides a number of optional practical expedients in transition. The Company elected the “package of practical expedients” which permits the Company not to reassess under the new standard its prior conclusions about lease identification, lease classification and initial direct costs. The Company did not elect the use-of-hindsight and elected the practical expedient pertaining to land easements. The new standard also provides practical expedients for an entity’s ongoing accounting for leases. The Company elected the short-term lease exemption for all leases that qualify, meaning the Company will not recognize ROU assets or lease liabilities for leases with terms shorter than twelve months. The Company also elected the practical expedient to not separate lease and non-lease components for a majority of its asset classes, including real estate and most equipment. The adoption of ASC 842 had a material impact on the Company’s condensed consolidated balance sheets, but did not have a material impact on our condensed consolidated statements of operations or cashflow. The most significant impact was the recognition of ROU assets of $328,169 and lease liabilities for operating leases of $332,286 at January 1, 2019, based on the present value of the future minimum rental payments for existing operating leases. The difference in the balances is due to deferred rent, tenant incentive allowances and prepaid amounts taken into account for adoption. Our accounting for finance leases remained substantially unchanged, See Note 10 - Leases. On January 1, 2019, the Company adopted the new accounting standard, ASU 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . The standard permits entities to reclassify, to retained earnings, the one-time income tax effects stranded in accumulated other comprehensive income arising from the change in the U.S. federal corporate tax rate as a result of the Tax Cuts and Jobs Act of 2017. The effect of adopting the new standard was not material. On January 1, 2018, the Company adopted the new accounting standard, ASC 606, Revenue from Contracts with Customers and all the related amendments (“ASC 606”) and applied the provisions of the standard to all contracts using the modified retrospective method. The cumulative effect of adopting the new revenue standard was immaterial and no adjustment has been recorded to the opening balance of retained earnings. Prior year information has not been restated and continues to be reported under the accounting standards in effect for those periods. Substantially all of the Company’s revenue continues to be recognized at a point in time when the product is either shipped or received from the Company’s facilities and control of the product is transferred to the customer. The Company reviewed all of its revenue product categories under ASC 606 and the only changes identified were that an immaterial amount of revenue from intellectual property (“IP”) contracts results in earlier recognition of revenue, new controls and processes designed to meet the requirements of the standard were implemented, and the required new disclosures are presented in Note 3, Revenue from Contracts with Customers. The adoption of ASC 606 did not have a material impact on the amounts reported in the Company’s consolidated financial position, results of operations or cash flows. On January 1, 2018, the Company adopted the new accounting standard, ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. The effect of adopting the new standard was not material. On January 1, 2018, the Company adopted the new accounting standard, ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business. The effect of adopting the new standard was not material. Recent Accounting Pronouncements - Effective in Future Years In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and other (Topic 350): Simplifying the test for goodwill impairment. The amendments 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. Currently, the Company is assessing the impact of the new guidance. The Company does not expect the adoption of the guidance to have a significant impact on its financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and in November 2018 issued ASU 2018-19, which amended the standard. The standard introduces an approach, based on expected losses, to estimate credit losses on certain types of financial instruments and modifies the impairment model for available-for-sale debt securities. The new approach to estimating credit losses (referred to as the current expected credit losses model) applies to most financial assets measured at amortized cost and certain other instruments, including trade and other receivables, loans, held-to-maturity debt securities, net investments in leases and off-balance-sheet credit exposures. This standard is effective for the Company on January 1, 2020. Entities are required to apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. Currently, the Company is assessing the impact of the new guidance. The Company does not expect the adoption of the guidance to have a significant impact on its financial statements.

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Sep. 28, 2019
Revenue from Contract with Customer [Abstract]
Summary of segment revenues disaggregated by geography and product line	The following table presents the Company’s segment revenues disaggregated by the geographical market location of customer sales and product categories for the three months ended September 28, 2019 and September 29, 2018 : September 28, 2019 Global Ceramic segment Flooring NA segment Flooring ROW segment Total Geographical Markets United States $ 537,247 963,784 475 1,501,506 Europe 168,032 1,901 424,230 594,163 Russia 77,024 15 32,614 109,653 Other 134,119 36,208 143,536 313,863 $ 916,422 1,001,908 600,855 2,519,185 Product Categories Ceramic & Stone $ 916,422 13,570 — 929,992 Carpet & Resilient — 816,190 193,941 1,010,131 Laminate & Wood — 172,148 204,241 376,389 Other (1) — — 202,673 202,673 $ 916,422 1,001,908 600,855 2,519,185 September 29, 2018 Global Ceramic segment Flooring NA segment Flooring ROW segment Total Geographical Markets United States $ 565,616 998,488 421 1,564,525 Europe 175,026 1,217 438,585 614,828 Russia 68,113 — 27,435 95,548 Other 77,018 47,835 146,046 270,899 $ 885,773 1,047,540 612,487 2,545,800 Product Categories Ceramic & Stone $ 885,773 16,779 — 902,552 Carpet & Resilient — 851,970 192,001 1,043,971 Laminate & Wood — 178,791 200,499 379,290 Other (1) — — 219,987 219,987 $ 885,773 1,047,540 612,487 2,545,800 (1) Other includes roofing elements, insulation boards, chipboards and IP contracts. The following table presents the Company’s segment revenues disaggregated by the geographical market location of customer sales and product categories for the nine months ended September 28, 2019 and September 29, 2018 : September 28, 2019 Global Ceramic segment Flooring NA segment Flooring ROW segment Total Geographical Markets United States $ 1,633,583 2,793,110 1,252 4,427,945 Europe 552,546 5,902 1,369,908 1,928,356 Russia 196,731 66 83,315 280,112 Other 389,945 108,249 411,553 909,747 $ 2,772,805 2,907,327 1,866,028 7,546,160 Product Categories Ceramic & Stone $ 2,772,805 41,928 — 2,814,733 Carpet & Resilient — 2,360,014 586,388 2,946,402 Laminate & Wood — 505,385 629,500 1,134,885 Other (1) — — 650,140 650,140 $ 2,772,805 2,907,327 1,866,028 7,546,160 September 29, 2018 Global Ceramic segment Flooring NA segment Flooring ROW segment Total Geographical Markets United States $ 1,700,338 2,920,604 421 4,621,363 Europe 573,932 4,737 1,424,113 2,002,782 Russia 183,244 — 73,417 256,661 Other 234,104 130,127 289,979 654,210 $ 2,691,618 3,055,468 1,787,930 7,535,016 Product Categories Ceramic & Stone $ 2,691,618 52,500 — 2,744,118 Carpet & Resilient — 2,466,695 453,597 2,920,292 Laminate & Wood — 536,273 643,389 1,179,662 Other (1) — — 690,944 690,944 $ 2,691,618 3,055,468 1,787,930 7,535,016 (1) Other includes roofing elements, insulation boards, chipboards and IP contracts.

Restructuring, acquisition an_2

Restructuring, acquisition and integration-related costs (Tables)	9 Months Ended
	Sep. 28, 2019
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 and nine months ended September 28, 2019 and September 29, 2018 : Three Months Ended Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Cost of sales Restructuring costs (1) $ 7,284 10,004 43,197 33,425 Acquisition integration-related costs 180 198 2,736 3,293 Restructuring and acquisition integration-related costs $ 7,464 10,202 45,933 36,718 Selling, general and administrative expenses Restructuring costs (1) $ 491 1,476 2,336 9,366 Acquisition transaction-related costs 413 3,032 1,330 3,095 Acquisition integration-related costs 1,147 5,180 4,554 8,857 Restructuring, acquisition transaction and integration-related costs $ 2,051 9,688 8,220 21,318 (1) The restructuring costs for 2019 and 2018 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 nine months ended September 28, 2019 is as follows: Lease impairments Asset write-downs Severance Other restructuring costs Total Balance as of December 31, 2018 $ 397 — 7,866 250 8,513 Provision - Global Ceramic segment — — 4,879 — 4,879 Provision - Flooring NA segment — 21,791 1,168 12,087 35,046 Provision - Flooring ROW segment — 2,515 2,367 726 5,608 Cash payments (361 ) — (11,715 ) (12,702 ) (24,778 ) Non-cash items — (24,306 ) (130 ) (111 ) (24,547 ) Balance as of September 28, 2019 $ 36 — 4,435 250 4,721

Receivables, net (Tables)

Receivables, net (Tables)	9 Months Ended
	Sep. 28, 2019
Receivables [Abstract]
Schedule of net components of receivables	Receivables, net are as follows: At September 28, 2019 At December 31, 2018 Customers, trade $ 1,763,435 1,562,284 Income tax receivable 15,781 17,217 Other 78,399 101,376 1,857,615 1,680,877 Less: allowance for discounts, claims and doubtful accounts 70,457 74,718 Receivables, net $ 1,787,158 1,606,159

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 28, 2019
Inventory Disclosure [Abstract]
Schedule of net components of inventories	The components of inventories are as follows: At September 28, 2019 At December 31, 2018 Finished goods $ 1,637,525 1,582,112 Work in process 150,089 165,616 Raw materials 550,338 539,887 Total inventories $ 2,337,952 2,287,615

Goodwill and intangible assets

Goodwill and intangible assets (Tables)	9 Months Ended
	Sep. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill	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, 2018 Goodwill $ 1,564,987 874,198 1,409,206 3,848,391 Accumulated impairment losses (531,930 ) (343,054 ) (452,441 ) (1,327,425 ) 1,033,057 531,144 956,765 2,520,966 Goodwill recognized during the period (1,758 ) — 47,543 45,785 Currency translation during the period (2,740 ) — (44,797 ) (47,537 ) Balance as of September 28, 2019 Goodwill 1,560,489 874,198 1,411,952 3,846,639 Accumulated impairment losses (531,930 ) (343,054 ) (452,441 ) (1,327,425 ) $ 1,028,559 531,144 959,511 2,519,214
Schedule of indefinite life assets not subject to amortization	Intangible assets not subject to amortization: Tradenames Balance as of December 31, 2018 $ 707,380 Intangible assets acquired during the period (874 ) Currency translation during the period (16,718 ) Balance as of September 28, 2019 $ 689,788
Schedule of intangible assets subject to amortization	Intangible assets subject to amortization: Gross carrying amounts: Customer Patents Other Total Balance as of December 31, 2018 $ 651,012 254,483 6,535 912,030 Intangible assets recognized during the period 2,092 — — 2,092 Currency translation during the period (20,143 ) (11,213 ) (173 ) (31,529 ) Balance as of September 28, 2019 $ 632,961 243,270 6,362 882,593 Accumulated amortization: Customer Patents Other Total Balance as of December 31, 2018 $ 406,386 249,988 1,227 657,601 Amortization during the period 19,027 1,606 (37 ) 20,596 Currency translation during the period (11,722 ) (11,028 ) (19 ) (22,769 ) Balance as of September 28, 2019 $ 413,691 240,566 1,171 655,428 Intangible assets subject to amortization, net $ 219,270 2,704 5,191 227,165
Schedule of intangible assets amortization expense	Three Months Ended Nine Months Ended September 28, September 29, September 28, September 29, Amortization expense $ 6,912 8,148 20,596 23,198

Accounts payable and accrued _2

Accounts payable and accrued expenses (Tables)	9 Months Ended
	Sep. 28, 2019
Payables and Accruals [Abstract]
Components of accounts payable and accrued expenses	Accounts payable and accrued expenses are as follows: At September 28, 2019 At December 31, 2018 Outstanding checks in excess of cash $ 4,064 14,624 Accounts payable, trade 964,098 811,879 Accrued expenses 490,094 430,431 Product warranties 46,984 47,511 Accrued interest 12,293 21,908 Accrued compensation and benefits 221,326 197,513 Total accounts payable and accrued expenses $ 1,738,859 1,523,866

Accumulated other comprehensi_2

Accumulated other comprehensive income (loss) (Tables)	9 Months Ended
	Sep. 28, 2019
Equity [Abstract]
Schedule of accumulated other comprehensive income (loss)	The changes in accumulated other comprehensive income (loss) by component, for the nine months ended September 28, 2019 are as follows: Foreign currency translation adjustments Pensions, net of tax Total Balance as of December 31, 2018 $ (782,102 ) (9,506 ) (791,608 ) Current period other comprehensive income (90,962 ) 283 (90,679 ) Balance as of September 28, 2019 $ (873,064 ) (9,223 ) (882,287 )

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 28, 2019
Leases [Abstract]
Schedule of components of lease expense, lease term, and discount rate	Lease term and discount rate are as follows: At September 28, 2019 Weighted Average Remaining Lease Term Operating Leases 4.37 Finance Leases 12.32 Weighted Average Discount Rate Operating Leases 3.3 % Finance Leases 2.4 % The components of lease costs are as follows: Three Months Ended September 28, 2019 Nine Months Ended September 28, 2019 Cost of Goods Sold Selling, General and Administrative Total Cost of Goods Sold Selling, General and Administrative Total Operating lease costs Fixed $ 8,068 25,316 33,384 23,925 72,578 96,503 Short-term 1,092 2,640 3,732 4,083 9,126 13,209 Variable 1,475 7,053 8,528 5,846 21,601 27,447 Sub-leases (114 ) (113 ) (227 ) (239 ) (397 ) (636 ) 10,521 34,896 45,417 33,615 102,908 136,523 Finance lease costs Amortization of leased assets — 404 404 — 1,228 1,228 Interest on lease liabilities — 102 102 — 191 191 — 506 506 — 1,419 1,419 Net lease costs $ 10,521 35,402 45,923 33,615 104,327 137,942
Schedule of supplemental balance sheet information	Supplemental balance sheet information related to leases is as follows: Classification At September 28, 2019 Assets Operating Leases Right of use operating lease assets Right of use operating lease assets $ 334,083 Finance Leases Property, plant and equipment, gross Property, plant and equipment 14,727 Accumulated depreciation Accumulated depreciation (2,809 ) Property, plant and equipment, net Property, plant and equipment, net 11,918 Total lease assets $ 346,001 Liabilities Operating Leases Other current Current operating lease liabilities $ 102,682 Non-current Non-current operating lease liabilities 238,560 Total operating liabilities 341,242 Finance Leases Short-term debt Short-term debt and current portion of long-term debt 1,351 Long-term debt Long-term debt, less current portion 11,319 Total finance liabilities 12,670 Total lease liabilities $ 353,912
Schedule of finance lease maturities	Maturities of lease liabilities are as follows: Year ending December 31, Finance Leases Operating Leases Total 2019 (excluding the nine months ended September 28, 2019) $ 432 31,316 31,748 2020 1,647 116,032 117,679 2021 1,258 88,122 89,380 2022 1,022 59,951 60,973 2023 926 32,688 33,614 Thereafter 8,987 42,182 51,169 Total lease payments 14,272 370,291 384,563 Less imputed interest 1,602 29,049 Present value, Total $ 12,670 341,242
Schedule of operating lease maturities	Maturities of lease liabilities are as follows: Year ending December 31, Finance Leases Operating Leases Total 2019 (excluding the nine months ended September 28, 2019) $ 432 31,316 31,748 2020 1,647 116,032 117,679 2021 1,258 88,122 89,380 2022 1,022 59,951 60,973 2023 926 32,688 33,614 Thereafter 8,987 42,182 51,169 Total lease payments 14,272 370,291 384,563 Less imputed interest 1,602 29,049 Present value, Total $ 12,670 341,242
Schedule of supplemental cash flow information	Supplemental cash flow information related to leases was as follows: Nine Months Ended September 28, Cash paid for amounts included in measurement of lease liabilities: Operating cash flows from operating leases $ 96,752 Operating cash flows from finance leases 123 Financing cash flows from finance leases 1,224 Right-of-use assets obtained in exchange for lease obligations: Operating Leases 113,253 Finance Leases 7,636 Amortization: Amortization of Right of use operating lease assets (1) 85,061 (1) Amortization of Right of use operating lease assets during the period is reflected in Other assets and prepaid expenses on the Condensed Consolidated Statements of Cash Flows.

Other expense (income), net (Ta

Other expense (income), net (Tables)	9 Months Ended
	Sep. 28, 2019
Other Nonoperating Income (Expense) [Abstract]
Summary of other expense (income), net	Other expense (income), net is as follows: Three Months Ended Nine Months Ended September 28, September 29, September 28, September 29, Foreign currency losses (gains), net $ (1,181 ) 2,456 (203 ) 7,178 Release of indemnification asset (659 ) — (659 ) 1,749 Impairment of net investment in a manufacturer and distributor of Ceramic tile in China (1) 65,172 — 65,172 — All other, net (10,619 ) (1,750 ) (18,381 ) (2,133 ) Total other expense, net $ 52,713 706 45,929 6,794 (1) During the quarter, the Company determined that its net investment in a manufacturer and distributor of ceramic tile in China was impaired and therefore recorded a net impairment charge of $65,172 .

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 28, 2019
Equity [Abstract]
Schedule of changes in stockholders' equity	The following tables reflect the changes in stockholders’ equity for the three months ended September 28, 2019 and September 29, 2018 (in thousands). Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount June 29, 2019 $ — 79,712 $ 797 $ 1,859,248 $ 6,903,261 $ (732,521 ) (7,348 ) $ (215,712 ) $ 6,518 $ 7,821,591 Shares issued under employee and director stock plans — — — — — — — — — — Stock-based compensation expense — — — 5,651 — — — — — 5,651 Repurchases of common stock — (519 ) (5 ) — (67,703 ) — — — — (67,708 ) Accretion of redeemable noncontrolling interest — — — — — — — — — — Noncontrolling earnings — — — — — — — — 150 150 Currency translation adjustment on non-controlling interests — — — — — — — — (157 ) (157 ) Currency translation adjustment — — — — — (149,982 ) — — — (149,982 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 216 — — — 216 Net income — — — — 155,518 — — — — 155,518 September 28, 2019 $ — 79,193 $ 792 $ 1,864,899 $ 6,991,076 $ (882,287 ) (7,348 ) $ (215,712 ) $ 6,511 $ 7,765,279 Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount June 30, 2018 $ 30,043 81,952 $ 820 $ 1,842,060 $ 6,409,552 $ (671,133 ) (7,350 ) $ (215,745 ) $ 7,880 $ 7,373,434 Shares issued under employee and director stock plans — — — — — — — — — — Stock-based compensation expense — — — 5,104 — — — — — 5,104 Repurchases of common stock — — — — — — — — — — Accretion of redeemable noncontrolling interest 670 — — — (669 ) — — — — (669 ) Noncontrolling earnings 817 — — — — — — — 195 195 Currency translation adjustment on non-controlling interests (303 ) — — — — — — — (54 ) (54 ) Currency translation adjustment — — — — — (33,314 ) — — — (33,314 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 68 — — — 68 Net income — — — — 227,013 — — — — 227,013 September 29, 2018 $ 31,227 81,952 $ 820 $ 1,847,164 $ 6,635,896 $ (704,379 ) (7,350 ) $ (215,745 ) $ 8,021 $ 7,571,777 The following tables reflect the changes in stockholders’ equity for the nine months ended September 28, 2019 and September 29, 2018 (in thousands). Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount January 1, 2019 $ — 79,656 $ 797 $ 1,852,173 $ 6,588,197 $ (791,608 ) (7,349 ) $ (215,745 ) $ 6,245 $ 7,440,059 Shares issued under employee and director stock plans — 122 1 (4,502 ) — — 1 33 — (4,468 ) Stock-based compensation expense — — — 17,228 — — — — — 17,228 Repurchases of common stock — (585 ) (6 ) — (76,665 ) — — — — (76,671 ) Accretion of redeemable noncontrolling interest — — — — — — — — — — Noncontrolling earnings — — — — — — — — 354 354 Currency translation adjustment on non-controlling interests — — — — — — — — (88 ) (88 ) Currency translation adjustment — — — — — (90,962 ) — — — (90,962 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 283 — — — 283 Net income — — — — 479,544 — — — — 479,544 September 28, 2019 $ — 79,193 $ 792 $ 1,864,899 $ 6,991,076 $ (882,287 ) (7,348 ) $ (215,712 ) $ 6,511 $ 7,765,279 Total Stockholders’ Equity Redeemable Noncontrolling Interest Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss) Treasury Stock Noncontrolling Interest Total Stockholders’ Equity Shares Amount Shares Amount January 1, 2018 $ 29,463 81,771 $ 818 $ 1,828,131 $ 6,004,506 $ (558,527 ) (7,350 ) $ (215,766 ) $ 7,847 $ 7,067,009 Shares issued under employee and director stock plans — 181 2 (7,664 ) — — — 21 — (7,641 ) Stock-based compensation expense — — — 26,697 — — — — — 26,697 Repurchases of common stock — — — — — — — — — — Accretion of redeemable noncontrolling interest 975 — — — (975 ) — — — — (975 ) Noncontrolling earnings 2,043 — — — — — — — 404 404 Currency translation adjustment on non-controlling interests (1,254 ) — — — — — — — (230 ) (230 ) Currency translation adjustment — — — — (146,143 ) — — — (146,143 ) Prior pension and post-retirement benefit service cost and actuarial gain / loss — — — — — 291 — — — 291 Net income — — — — 632,365 — — — — 632,365 September 29, 2018 $ 31,227 81,952 $ 820 $ 1,847,164 $ 6,635,896 $ (704,379 ) (7,350 ) $ (215,745 ) $ 8,021 $ 7,571,777

Earnings per share (Tables)

Earnings per share (Tables)	9 Months Ended
	Sep. 28, 2019
Earnings Per Share [Abstract]
Schedule of earnings per share	A reconciliation of net earnings available to common stockholders and weighted-average common shares outstanding for purposes of calculating basic and diluted earnings per share is as follows: Three Months Ended Nine Months Ended September 28, September 29, September 28, September 29, Net earnings attributable to Mohawk Industries, Inc. $ 155,518 227,013 479,544 632,365 Accretion of redeemable noncontrolling interest (1) — (670 ) — (975 ) Net earnings available to common stockholders $ 155,518 226,343 479,544 631,390 Weighted-average common shares outstanding-basic and diluted: Weighted-average common shares outstanding—basic 72,106 74,603 72,302 74,599 Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net 286 342 276 378 Weighted-average common shares outstanding-diluted 72,392 74,945 72,578 74,977 Earnings per share attributable to Mohawk Industries, Inc. Basic $ 2.16 3.03 6.63 8.46 Diluted $ 2.15 3.02 6.61 8.42 (1) Represents the accretion of the Company’s redeemable noncontrolling interest to redemptive value. The holder put this option to the Company on December 20, 2018 for $33,884 .

Segment reporting (Tables)

Segment reporting (Tables)	9 Months Ended
	Sep. 28, 2019
Segment Reporting [Abstract]
Summary of segment information	Segment information is as follows: Three Months Ended Nine Months Ended September 28, September 29, September 28, September 29, Net sales: Global Ceramic segment $ 916,422 885,773 2,772,805 2,691,618 Flooring NA segment 1,001,908 1,047,540 2,907,327 3,055,468 Flooring ROW segment 600,855 612,487 1,866,028 1,787,930 Intersegment sales — — — — Total $ 2,519,185 2,545,800 7,546,160 7,535,016 Operating income (loss): Global Ceramic segment $ 84,410 118,716 286,886 366,893 Flooring NA segment 80,223 93,369 140,374 268,779 Flooring ROW segment 84,428 84,108 276,392 273,334 Corporate and intersegment eliminations (8,841 ) (8,949 ) (31,242 ) (27,056 ) Total $ 240,220 287,244 672,410 881,950 At September 28, 2019 At December 31, 2018 Assets: Global Ceramic segment $ 5,385,279 5,194,030 Flooring NA segment 4,020,205 3,938,639 Flooring ROW segment 3,736,296 3,666,617 Corporate and intersegment eliminations 250,982 299,837 Total $ 13,392,762 13,099,123

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 28, 2019
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: At September 28, 2019 At December 31, 2018 Fair Value Carrying Value Fair Value Carrying Value 3.85% senior notes, payable February 1, 2023; interest payable semiannually $ 626,491 600,000 599,904 600,000 2.00% senior notes, payable January 14, 2022; interest payable annually 569,037 547,046 587,487 572,148 Floating Rate Notes, payable May 18, 2020, interest payable quarterly 328,002 328,228 343,004 343,289 Floating Rate Notes, payable September 11, 2019, interest payable quarterly — — 343,560 343,289 Floating rate notes, payable September 04, 2021, interest payable quarterly 324,650 328,228 — — U.S. commercial paper 409,800 409,800 632,668 632,668 European commercial paper 522,976 522,976 707,175 707,175 Five-year senior secured credit facility, due March 26, 2022 2,500 2,500 57,896 57,896 Capital leases and other 21,469 21,469 6,664 6,664 Unamortized debt issuance costs (3,508 ) (3,508 ) (5,155 ) (5,155 ) Total debt 2,801,417 2,756,739 3,273,203 3,257,974 Less current portion of long-term debt and commercial paper 1,273,158 1,273,158 1,742,373 1,742,373 Long-term debt, less current portion $ 1,528,259 1,483,581 1,530,830 1,515,601

General (Details)

General (Details) $ in Thousands	9 Months Ended
	Sep. 28, 2019USD ($)	Sep. 29, 2018USD ($)	Jan. 01, 2019USD ($)	Jun. 09, 2015EUR (€)
Debt Instrument [Line Items]
Right of use operating lease assets	$ 334,083
Operating lease liability	$ 341,242
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%
Change in debt value	$ 25,102	$ 19,848
Change in debt value, net of taxes	$ 19,067	$ 14,223
Accounting Standards Update 2016-02
Debt Instrument [Line Items]
Right of use operating lease assets			$ 328,169
Operating lease liability			$ 332,286

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) $ in Thousands	Jan. 31, 2019USD ($)	Nov. 16, 2018USD ($)	Jul. 02, 2018USD ($)	Apr. 04, 2017USD ($)	Mar. 31, 2018USD ($)business	Jul. 01, 2017USD ($)business	Apr. 01, 2017USD ($)	Sep. 28, 2019USD ($)	Dec. 31, 2018USD ($)
Business Acquisition [Line Items]
Goodwill								$ 2,519,214	$ 2,520,966
Peitsman
Business Acquisition [Line Items]
Purchase agreement price	$ 72,001
Goodwill	$ 45,931
Eliane
Business Acquisition [Line Items]
Purchase agreement price		$ 148,741
Indebtedness acquired		99,037
Goodwill		18,062
Intangible assets subject to amortization		5,818
Godfrey Hirst Group
Business Acquisition [Line Items]
Purchase agreement price			$ 400,894
Goodwill			88,655
Intangible assets subject to amortization			43,635
Emilceramica S.r.l
Business Acquisition [Line Items]
Purchase agreement price				$ 186,099
Goodwill				59,491
Intangible assets subject to amortization				2,348
Tradenames | Eliane
Business Acquisition [Line Items]
Indefinite-lived tradename intangible asset		$ 32,238
Tradenames | Godfrey Hirst Group
Business Acquisition [Line Items]
Indefinite-lived tradename intangible asset			$ 58,671
Tradenames | Emilceramica S.r.l
Business Acquisition [Line Items]
Indefinite-lived tradename intangible asset				$ 16,196
Flooring ROW segment
Business Acquisition [Line Items]
Purchase agreement price					$ 24,610
Goodwill					12,874			959,511	956,765
Intangible assets subject to amortization					$ 7
Number of acquisitions | business					3
Flooring ROW segment | Flooring ROW Acquisition
Business Acquisition [Line Items]
Purchase agreement price							$ 1,407
Intangible assets subject to amortization							$ 827
Global Ceramic segment
Business Acquisition [Line Items]
Goodwill								1,028,559	1,033,057
Global Ceramic segment | Global Ceramic Acquisitions
Business Acquisition [Line Items]
Purchase agreement price						$ 37,250
Goodwill						$ 1,002
Number of acquisitions | business						2
Flooring NA segment
Business Acquisition [Line Items]
Goodwill								$ 531,144	$ 531,144
Flooring NA segment | Flooring NA Acquisition
Business Acquisition [Line Items]
Purchase agreement price						$ 26,623

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 28, 2019	Sep. 28, 2019	Jan. 01, 2019
Revenue from Contract with Customer [Abstract]
Contract liability	$ 39,284	$ 39,284	$ 34,486
Revenue recognized related to contract liabilities	0	0
Capitalized contract cost	$ 54,900	54,900	$ 57,840
Amortization of capitalized contract costs		$ 41,889
Capitalized contract costs, amortization period		1 year

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Summary of Disaggregated Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Disaggregation of Revenue [Line Items]
Net sales	$ 2,519,185	$ 2,545,800	$ 7,546,160	$ 7,535,016
Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales	929,992	902,552	2,814,733	2,744,118
Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales	1,010,131	1,043,971	2,946,402	2,920,292
Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales	376,389	379,290	1,134,885	1,179,662
Other
Disaggregation of Revenue [Line Items]
Net sales	202,673	219,987	650,140	690,944
United States
Disaggregation of Revenue [Line Items]
Net sales	1,501,506	1,564,525	4,427,945	4,621,363
Europe
Disaggregation of Revenue [Line Items]
Net sales	594,163	614,828	1,928,356	2,002,782
Russia
Disaggregation of Revenue [Line Items]
Net sales	109,653	95,548	280,112	256,661
Other
Disaggregation of Revenue [Line Items]
Net sales	313,863	270,899	909,747	654,210
Global Ceramic segment
Disaggregation of Revenue [Line Items]
Net sales	916,422	885,773	2,772,805	2,691,618
Flooring NA segment
Disaggregation of Revenue [Line Items]
Net sales	1,001,908	1,047,540	2,907,327	3,055,468
Flooring ROW segment
Disaggregation of Revenue [Line Items]
Net sales	600,855	612,487	1,866,028	1,787,930
Operating segments | Global Ceramic segment
Disaggregation of Revenue [Line Items]
Net sales	916,422	885,773	2,772,805	2,691,618
Operating segments | Global Ceramic segment | Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales	916,422	885,773	2,772,805	2,691,618
Operating segments | Global Ceramic segment | Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Operating segments | Global Ceramic segment | Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Operating segments | Global Ceramic segment | Other
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Operating segments | Global Ceramic segment | United States
Disaggregation of Revenue [Line Items]
Net sales	537,247	565,616	1,633,583	1,700,338
Operating segments | Global Ceramic segment | Europe
Disaggregation of Revenue [Line Items]
Net sales	168,032	175,026	552,546	573,932
Operating segments | Global Ceramic segment | Russia
Disaggregation of Revenue [Line Items]
Net sales	77,024	68,113	196,731	183,244
Operating segments | Global Ceramic segment | Other
Disaggregation of Revenue [Line Items]
Net sales	134,119	77,018	389,945	234,104
Operating segments | Flooring NA segment
Disaggregation of Revenue [Line Items]
Net sales	1,001,908	1,047,540	2,907,327	3,055,468
Operating segments | Flooring NA segment | Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales	13,570	16,779	41,928	52,500
Operating segments | Flooring NA segment | Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales	816,190	851,970	2,360,014	2,466,695
Operating segments | Flooring NA segment | Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales	172,148	178,791	505,385	536,273
Operating segments | Flooring NA segment | Other
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Operating segments | Flooring NA segment | United States
Disaggregation of Revenue [Line Items]
Net sales	963,784	998,488	2,793,110	2,920,604
Operating segments | Flooring NA segment | Europe
Disaggregation of Revenue [Line Items]
Net sales	1,901	1,217	5,902	4,737
Operating segments | Flooring NA segment | Russia
Disaggregation of Revenue [Line Items]
Net sales	15	0	66	0
Operating segments | Flooring NA segment | Other
Disaggregation of Revenue [Line Items]
Net sales	36,208	47,835	108,249	130,127
Operating segments | Flooring ROW segment
Disaggregation of Revenue [Line Items]
Net sales	600,855	612,487	1,866,028	1,787,930
Operating segments | Flooring ROW segment | Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Operating segments | Flooring ROW segment | Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales	193,941	192,001	586,388	453,597
Operating segments | Flooring ROW segment | Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales	204,241	200,499	629,500	643,389
Operating segments | Flooring ROW segment | Other
Disaggregation of Revenue [Line Items]
Net sales	202,673	219,987	650,140	690,944
Operating segments | Flooring ROW segment | United States
Disaggregation of Revenue [Line Items]
Net sales	475	421	1,252	421
Operating segments | Flooring ROW segment | Europe
Disaggregation of Revenue [Line Items]
Net sales	424,230	438,585	1,369,908	1,424,113
Operating segments | Flooring ROW segment | Russia
Disaggregation of Revenue [Line Items]
Net sales	32,614	27,435	83,315	73,417
Operating segments | Flooring ROW segment | Other
Disaggregation of Revenue [Line Items]
Net sales	$ 143,536	$ 146,046	$ 411,553	$ 289,979

Restructuring, acquisition an_3

Restructuring, acquisition and integration-related costs - Restructuring and Related Costs by Type of Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Restructuring Cost and Reserve [Line Items]
Restructuring costs			$ 45,533	$ 42,791
Cost of sales
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 7,284	$ 10,004	43,197	33,425
Acquisition integration-related costs	180	198	2,736	3,293
Restructuring, acquisition transaction and integration-related costs	7,464	10,202	45,933	36,718
Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring costs	491	1,476	2,336	9,366
Acquisition transaction-related costs	413	3,032	1,330	3,095
Acquisition integration-related costs	1,147	5,180	4,554	8,857
Restructuring, acquisition transaction and integration-related costs	$ 2,051	$ 9,688	$ 8,220	$ 21,318

Restructuring, acquisition an_4

Restructuring, acquisition and integration-related costs - Restructuring Reserve (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2018	$ 8,513
Restructuring costs	45,533	$ 42,791
Cash payments	(24,778)
Non-cash items	(24,547)
Balance as of September 28, 2019	4,721
Lease impairments
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2018	397
Cash payments	(361)
Non-cash items	0
Balance as of September 28, 2019	36
Asset write-downs
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2018	0
Cash payments	0
Non-cash items	(24,306)
Balance as of September 28, 2019	0
Severance
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2018	7,866
Cash payments	(11,715)
Non-cash items	(130)
Balance as of September 28, 2019	4,435
Other restructuring costs
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2018	250
Cash payments	(12,702)
Non-cash items	(111)
Balance as of September 28, 2019	250
Operating segments | Provision - Global Ceramic segment
Restructuring Reserve [Roll Forward]
Restructuring costs	4,879
Operating segments | Provision - Global Ceramic segment | Lease impairments
Restructuring Reserve [Roll Forward]
Restructuring costs	0
Operating segments | Provision - Global Ceramic segment | Asset write-downs
Restructuring Reserve [Roll Forward]
Restructuring costs	0
Operating segments | Provision - Global Ceramic segment | Severance
Restructuring Reserve [Roll Forward]
Restructuring costs	4,879
Operating segments | Provision - Global Ceramic segment | Other restructuring costs
Restructuring Reserve [Roll Forward]
Restructuring costs	0
Operating segments | Provision - Flooring NA segment
Restructuring Reserve [Roll Forward]
Restructuring costs	35,046
Operating segments | Provision - Flooring NA segment | Lease impairments
Restructuring Reserve [Roll Forward]
Restructuring costs	0
Operating segments | Provision - Flooring NA segment | Asset write-downs
Restructuring Reserve [Roll Forward]
Restructuring costs	21,791
Operating segments | Provision - Flooring NA segment | Severance
Restructuring Reserve [Roll Forward]
Restructuring costs	1,168
Operating segments | Provision - Flooring NA segment | Other restructuring costs
Restructuring Reserve [Roll Forward]
Restructuring costs	12,087
Operating segments | Provision - Flooring ROW segment
Restructuring Reserve [Roll Forward]
Restructuring costs	5,608
Operating segments | Provision - Flooring ROW segment | Lease impairments
Restructuring Reserve [Roll Forward]
Restructuring costs	0
Operating segments | Provision - Flooring ROW segment | Asset write-downs
Restructuring Reserve [Roll Forward]
Restructuring costs	2,515
Operating segments | Provision - Flooring ROW segment | Severance
Restructuring Reserve [Roll Forward]
Restructuring costs	2,367
Operating segments | Provision - Flooring ROW segment | Other restructuring costs
Restructuring Reserve [Roll Forward]
Restructuring costs	$ 726

Receivables, net (Details)

Receivables, net (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Dec. 31, 2018
Receivables [Abstract]
Customers, trade	$ 1,763,435	$ 1,562,284
Income tax receivable	15,781	17,217
Other	78,399	101,376
Receivables, gross	1,857,615	1,680,877
Less: allowance for discounts, claims and doubtful accounts	70,457	74,718
Receivables, net	$ 1,787,158	$ 1,606,159

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Finished goods	$ 1,637,525	$ 1,582,112
Work in process	150,089	165,616
Raw materials	550,338	539,887
Total inventories	$ 2,337,952	$ 2,287,615

Goodwill and intangible asset_2

Goodwill and intangible assets - Schedule of goodwill (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 28, 2019	Dec. 31, 2018
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	$ 3,848,391
Accumulated impairment losses	(1,327,425)	$ (1,327,425)
Goodwill, net, beginning balance	2,520,966
Goodwill recognized during the period	45,785
Currency translation during the period	(47,537)
Goodwill, gross, ending balance	3,846,639
Accumulated impairment losses	(1,327,425)	(1,327,425)
Goodwill, net, ending balance	2,519,214
Global Ceramic segment
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	1,564,987
Accumulated impairment losses	(531,930)	(531,930)
Goodwill, net, beginning balance	1,033,057
Goodwill recognized during the period	(1,758)
Currency translation during the period	(2,740)
Goodwill, gross, ending balance	1,560,489
Accumulated impairment losses	(531,930)	(531,930)
Goodwill, net, ending balance	1,028,559
Flooring NA segment
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	874,198
Accumulated impairment losses	(343,054)	(343,054)
Goodwill, net, beginning balance	531,144
Goodwill recognized during the period	0
Currency translation during the period	0
Goodwill, gross, ending balance	874,198
Accumulated impairment losses	(343,054)	(343,054)
Goodwill, net, ending balance	531,144
Flooring ROW segment
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	1,409,206
Accumulated impairment losses	(452,441)	(452,441)
Goodwill, net, beginning balance	956,765
Goodwill recognized during the period	47,543
Currency translation during the period	(44,797)
Goodwill, gross, ending balance	1,411,952
Accumulated impairment losses	(452,441)	$ (452,441)
Goodwill, net, ending balance	$ 959,511

Goodwill and intangible asset_3

Goodwill and intangible assets - Schedule of indefinite life assets not subject to amortization (Details) - Tradenames $ in Thousands	9 Months Ended
	Sep. 28, 2019USD ($)
Indefinite-lived Intangible Assets [Roll Forward]
Balance as of December 31, 2018	$ 707,380
Intangible assets acquired during the period	(874)
Currency translation during the period	(16,718)
Balance as of September 28, 2019	$ 689,788

Goodwill and intangible asset_4

Goodwill and intangible assets - Schedule of intangible assets subject to amortization (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018	Dec. 31, 2018
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance			$ 912,030
Intangible assets recognized during the period			2,092
Currency translation during the period			(31,529)
Intangible assets subject to amortization, ending balance	$ 882,593		882,593
Accumulated amortization, beginning balance			657,601
Amortization during the period	6,912	$ 8,148	20,596	$ 23,198
Currency translation during the period			(22,769)
Accumulated amortization, ending balance	655,428		655,428
Intangible assets subject to amortization, net	227,165		227,165		$ 254,430
Customer relationships
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance			651,012
Intangible assets recognized during the period			2,092
Currency translation during the period			(20,143)
Intangible assets subject to amortization, ending balance	632,961		632,961
Accumulated amortization, beginning balance			406,386
Amortization during the period			19,027
Currency translation during the period			(11,722)
Accumulated amortization, ending balance	413,691		413,691
Intangible assets subject to amortization, net	219,270		219,270
Patents
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance			254,483
Intangible assets recognized during the period			0
Currency translation during the period			(11,213)
Intangible assets subject to amortization, ending balance	243,270		243,270
Accumulated amortization, beginning balance			249,988
Amortization during the period			1,606
Currency translation during the period			(11,028)
Accumulated amortization, ending balance	240,566		240,566
Intangible assets subject to amortization, net	2,704		2,704
Other
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance			6,535
Intangible assets recognized during the period			0
Currency translation during the period			(173)
Intangible assets subject to amortization, ending balance	6,362		6,362
Accumulated amortization, beginning balance			1,227
Amortization during the period			(37)
Currency translation during the period			(19)
Accumulated amortization, ending balance	1,171		1,171
Intangible assets subject to amortization, net	$ 5,191		$ 5,191

Goodwill and intangible asset_5

Goodwill and intangible assets - Schedule of intangible assets amortization expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 6,912	$ 8,148	$ 20,596	$ 23,198

Accounts payable and accrued _3

Accounts payable and accrued expenses (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Dec. 31, 2018
Payables and Accruals [Abstract]
Outstanding checks in excess of cash	$ 4,064	$ 14,624
Accounts payable, trade	964,098	811,879
Accrued expenses	490,094	430,431
Product warranties	46,984	47,511
Accrued interest	12,293	21,908
Accrued compensation and benefits	221,326	197,513
Total accounts payable and accrued expenses	$ 1,738,859	$ 1,523,866

Accumulated other comprehensi_3

Accumulated other comprehensive income (loss) (Details) $ in Thousands	9 Months Ended
	Sep. 28, 2019USD ($)
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Beginning balance	$ 7,440,059
Current period other comprehensive income	(90,679)
Ending balance	7,765,279
Foreign currency translation adjustments
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Beginning balance	(782,102)
Current period other comprehensive income	(90,962)
Ending balance	(873,064)
Pensions, net of tax
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Beginning balance	(9,506)
Current period other comprehensive income	283
Ending balance	(9,223)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Beginning balance	(791,608)
Ending balance	$ (882,287)

Leases (Details)

Leases (Details) $ in Thousands	9 Months Ended
	Sep. 28, 2019USD ($)
Lessee, Lease, Description [Line Items]
Leases not yet commenced	$ 2,709
Minimum
Lessee, Lease, Description [Line Items]
Term of contracts	1 year
Term of contracts, majority	1 year
Lease extensions	3 years
Maximum
Lessee, Lease, Description [Line Items]
Term of contracts	60 years
Term of contracts, majority	8 years
Lease extensions	10 years

Leases - Components of lease ex

Leases - Components of lease expense (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 28, 2019	Sep. 28, 2019
Operating lease costs
Fixed	$ 33,384	$ 96,503
Short-term	3,732	13,209
Variable	8,528	27,447
Sub-leases	(227)	(636)
Operating lease costs	45,417	136,523
Finance lease costs
Amortization of leased assets	404	1,228
Interest on lease liabilities	102	191
Finance lease costs	506	1,419
Net lease costs	45,923	137,942
Cost of sales
Operating lease costs
Fixed	8,068	23,925
Short-term	1,092	4,083
Variable	1,475	5,846
Sub-leases	(114)	(239)
Operating lease costs	10,521	33,615
Finance lease costs
Amortization of leased assets	0	0
Interest on lease liabilities	0	0
Finance lease costs	0	0
Net lease costs	10,521	33,615
Selling, general and administrative expenses
Operating lease costs
Fixed	25,316	72,578
Short-term	2,640	9,126
Variable	7,053	21,601
Sub-leases	(113)	(397)
Operating lease costs	34,896	102,908
Finance lease costs
Amortization of leased assets	404	1,228
Interest on lease liabilities	102	191
Finance lease costs	506	1,419
Net lease costs	$ 35,402	$ 104,327

Leases - Supplemental balance s

Leases - Supplemental balance sheet information (Details) $ in Thousands	Sep. 28, 2019USD ($)
Operating Leases
Right of use operating lease assets	$ 334,083
Finance Leases
Property, plant and equipment, gross	14,727
Accumulated depreciation	(2,809)
Property, plant and equipment, net	11,918
Total lease assets	346,001
Operating Leases
Other current	102,682
Non-current	238,560
Total operating liabilities	341,242
Finance Leases
Short-term debt	1,351
Long-term debt	11,319
Total finance liabilities	12,670
Total lease liabilities	$ 353,912

Leases - Maturities of lease li

Leases - Maturities of lease liabilities (Details) $ in Thousands	Sep. 28, 2019USD ($)
Finance Leases
2019 (excluding the nine months ended September 28, 2019)	$ 432
2020	1,647
2021	1,258
2022	1,022
2023	926
Thereafter	8,987
Total lease payments	14,272
Less imputed interest	1,602
Present value, Total	12,670
Operating Leases
2019 (excluding the nine months ended September 28, 2019)	31,316
2020	116,032
2021	88,122
2022	59,951
2023	32,688
Thereafter	42,182
Total lease payments	370,291
Less imputed interest	29,049
Present value, Total	341,242
Total
2019 (excluding the nine months ended September 28, 2019)	31,748
2020	117,679
2021	89,380
2022	60,973
2023	33,614
Thereafter	51,169
Total lease payments	$ 384,563

Leases - Lease term and discoun

Leases - Lease term and discount rate (Details)	Sep. 28, 2019
Weighted Average Remaining Lease Term
Operating Leases	4 years 4 months 13 days
Finance Leases	12 years 3 months 25 days
Weighted Average Discount Rate
Operating Leases	3.30%
Finance Leases	2.40%

Leases - Supplemental cash flow

Leases - Supplemental cash flow information (Details) $ in Thousands	9 Months Ended
	Sep. 28, 2019USD ($)
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$ 96,752
Operating cash flows from finance leases	123
Financing cash flows from finance leases	1,224
Right-of-use assets obtained in exchange for lease obligations:
Operating Leases	113,253
Finance Leases	7,636
Amortization of right of use operating lease assets	$ 85,061

Stock-based compensation (Detai

Stock-based compensation (Details) - Restricted Stock Units (RSUs) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Number of shares granted in period (in shares)	0	3	187	130
Weighted-average grant-date fair value (in usd per share)		$ 189.39	$ 137.30	$ 236.82
Recognized stock-based compensation costs	$ 5,651	$ 5,104	$ 17,228	$ 26,697
Recognized stock-based compensation costs, net of tax	4,182	$ 3,777	12,749	$ 19,756
Pre-tax unrecognized compensation expense, net of forfeitures	$ 20,598		$ 20,598
Recognized expense over a weighted-average period (years)			1 year 5 months 15 days

Other expense (income), net (De

Other expense (income), net (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Other Nonoperating Income (Expense) [Abstract]
Foreign currency losses (gains), net	$ (1,181)	$ 2,456	$ (203)	$ 7,178
Release of indemnification asset	(659)	0	(659)	1,749
Impairment of net investment in a manufacturer and distributor of Ceramic tile in China	65,172	0	65,172	0
All other, net	(10,619)	(1,750)	(18,381)	(2,133)
Total other expense, net	$ 52,713	$ 706	$ 45,929	$ 6,794

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended	9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Jun. 30, 2018	Sep. 28, 2019	Sep. 29, 2018
Income Tax Disclosure [Abstract]
Income tax expense	$ 22,522	$ 49,487		$ 116,273	$ 215,928
Earnings before income taxes	$ 178,191	$ 277,513		$ 596,171	$ 850,740
Effective tax rate	12.60%	17.80%		19.50%	25.40%
Additional net tax expense			$ 54,674

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 7,821,591	$ 7,373,434	$ 7,440,059	$ 7,067,009
Shares issued under employee and director stock plans	0	0	(4,468)	(7,641)
Stock-based compensation expense	5,651	5,104	17,228	26,697
Repurchases of common stock	(67,708)	0	(76,671)	0
Accretion of redeemable noncontrolling interest	0	(669)	0	(975)
Noncontrolling earnings	150	195	354	404
Currency translation adjustment on non-controlling interests	(157)	(54)	(88)	(230)
Currency translation adjustment	(149,982)	(33,314)	(90,962)	(146,143)
Prior pension and post-retirement benefit service cost and actuarial gain / loss	216	68	283	291
Net income	155,518	227,013	479,544	632,365
Ending balance	7,765,279	7,571,777	7,765,279	7,571,777
Redeemable Noncontrolling Interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	0	30,043	0	29,463
Accretion of redeemable noncontrolling interest		670		975
Noncontrolling earnings		817		2,043
Currency translation adjustment on non-controlling interests		(303)		(1,254)
Ending balance	0	31,227	0	31,227
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 797	$ 820	$ 797	$ 818
Beginning balance (in shares)	79,712	81,952	79,656	81,771
Shares issued under employee and director stock plans			$ 1	$ 2
Shares issued under employee and director stock plans (in shares)			122	181
Repurchases of common stock	$ (5)		$ (6)
Repurchases of common stock (in shares)	(519)		(585)
Ending balance	$ 792	$ 820	$ 792	$ 820
Ending balance (in shares)	79,193	81,952	79,193	81,952
Additional Paid-in Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 1,859,248	$ 1,842,060	$ 1,852,173	$ 1,828,131
Shares issued under employee and director stock plans			(4,502)	(7,664)
Stock-based compensation expense	5,651	5,104	17,228	26,697
Ending balance	1,864,899	1,847,164	1,864,899	1,847,164
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	6,903,261	6,409,552	6,588,197	6,004,506
Repurchases of common stock	(67,703)		(76,665)
Accretion of redeemable noncontrolling interest		(669)		(975)
Net income	155,518	227,013	479,544	632,365
Ending balance	6,991,076	6,635,896	6,991,076	6,635,896
Accumulated Other Comprehensive Income (Loss)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(732,521)	(671,133)	(791,608)	(558,527)
Currency translation adjustment	(149,982)	(33,314)	(90,962)	(146,143)
Prior pension and post-retirement benefit service cost and actuarial gain / loss	216	68	283	291
Ending balance	(882,287)	(704,379)	(882,287)	(704,379)
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ (215,712)	$ (215,745)	$ (215,745)	$ (215,766)
Beginning balance (in shares)	(7,348)	(7,350)	(7,349)	(7,350)
Shares issued under employee and director stock plans			$ 33	$ 21
Shares issued under employee and director stock plans (in shares)			1
Ending balance	$ (215,712)	$ (215,745)	$ (215,712)	$ (215,745)
Ending balance (in shares)	(7,348)	(7,350)	(7,348)	(7,350)
Noncontrolling Interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 6,518	$ 7,880	$ 6,245	$ 7,847
Noncontrolling earnings	150	195	354	404
Currency translation adjustment on non-controlling interests	(157)	(54)	(88)	(230)
Ending balance	$ 6,511	$ 8,021	$ 6,511	$ 8,021

Earnings per share (Details)

Earnings per share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Dec. 20, 2018	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Earnings Per Share [Abstract]
Net earnings attributable to Mohawk Industries, Inc.		$ 155,518	$ 227,013	$ 479,544	$ 632,365
Accretion of redeemable noncontrolling interest		0	(670)	0	(975)
Net earnings available to common stockholders		$ 155,518	$ 226,343	$ 479,544	$ 631,390
Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding-basic (in shares)		72,106	74,603	72,302	74,599
Add weighted-average dilutive potential common shares-options to purchase common shares and RSUs, net (in shares)		286	342	276	378
Weighted-average common shares outstanding-diluted (in shares)		72,392	74,945	72,578	74,977
Earnings per share attributable to Mohawk Industries, Inc.
Basic (in usd per share)		$ 2.16	$ 3.03	$ 6.63	$ 8.46
Diluted (in usd per share)		$ 2.15	$ 3.02	$ 6.61	$ 8.42
Put of option by holder	$ 33,884

Segment reporting (Details)

Segment reporting (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 28, 2019USD ($)	Sep. 29, 2018USD ($)	Sep. 28, 2019USD ($)segment	Sep. 29, 2018USD ($)	Dec. 31, 2018USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			3
Segment Reporting Information [Line Items]
Net sales	$ 2,519,185	$ 2,545,800	$ 7,546,160	$ 7,535,016
Operating income (loss)	240,220	287,244	672,410	881,950
Assets	13,392,762		13,392,762		$ 13,099,123
Global Ceramic segment
Segment Reporting Information [Line Items]
Net sales	916,422	885,773	2,772,805	2,691,618
Flooring NA segment
Segment Reporting Information [Line Items]
Net sales	1,001,908	1,047,540	2,907,327	3,055,468
Flooring ROW segment
Segment Reporting Information [Line Items]
Net sales	600,855	612,487	1,866,028	1,787,930
Operating segments | Global Ceramic segment
Segment Reporting Information [Line Items]
Net sales	916,422	885,773	2,772,805	2,691,618
Operating income (loss)	84,410	118,716	286,886	366,893
Assets	5,385,279		5,385,279		5,194,030
Operating segments | Flooring NA segment
Segment Reporting Information [Line Items]
Net sales	1,001,908	1,047,540	2,907,327	3,055,468
Operating income (loss)	80,223	93,369	140,374	268,779
Assets	4,020,205		4,020,205		3,938,639
Operating segments | Flooring ROW segment
Segment Reporting Information [Line Items]
Net sales	600,855	612,487	1,866,028	1,787,930
Operating income (loss)	84,428	84,108	276,392	273,334
Assets	3,736,296		3,736,296		3,666,617
Intersegment sales
Segment Reporting Information [Line Items]
Net sales	0	0	0	0
Corporate and intersegment eliminations
Segment Reporting Information [Line Items]
Operating income (loss)	(8,841)	$ (8,949)	(31,242)	$ (27,056)
Assets	$ 250,982		$ 250,982		$ 299,837

Commitments and contingencies (

Commitments and contingencies (Details) - Belgium - Foreign tax authority - EUR (€) € in Thousands	1 Months Ended	36 Months Ended
	Mar. 30, 2019	Dec. 31, 2014
2005
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)		€ 46,135
2006
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)		38,817
2007
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)		39,635
2008
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)		30,131
2009
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)		35,567
2010
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)		€ 43,117
2011
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)	€ 40,617
2012
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)	39,732
2013
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)	11,358
2014
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)	23,919
2015
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)	30,610
2016
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)	93,145
2017
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)	€ 79,933

Debt - Senior Credit Facility a

Debt - Senior Credit Facility and Term Loan (Details)	Oct. 18, 2019renewal_option	Mar. 26, 2015USD ($)	Sep. 28, 2019USD ($)	Dec. 31, 2017USD ($)	Mar. 25, 2015USD ($)
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
Commitment fee percentage			0.125%
Consolidated interest coverage ratio, at least		3
Consolidated net leverage ratio, no more than		3.75
Unamortized financing costs		$ 6,873,000
Utilized borrowings under credit facility			$ 958,063,000
Available amount under credit facility			841,937,000
2015 Senior Secured Credit Facility | Borrowings
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility			2,500,000
2015 Senior Secured Credit Facility | Standby letters of credit
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility			$ 22,787,000
2015 Senior Secured Credit Facility | Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage		0.10%
2015 Senior Secured Credit Facility | Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage		0.225%
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				$ 567,000
Commercial Paper
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility			$ 932,776,000
Subsequent Event | 2019 Senior Secured Credit Facility
Line of Credit Facility [Line Items]
Number of options to extend maturity (up to) | renewal_option	2
Additional maturity period extended	1 year

Debt - Commercial Paper (Detail

Debt - Commercial Paper (Details) - USD ($)	Jul. 31, 2015	Feb. 28, 2014	Sep. 28, 2019	Dec. 31, 2018	Mar. 26, 2015
Commercial Paper | United States
Line of Credit Facility [Line Items]
Maturity period of debt		397 days	25 days 1 hour 40 minutes 48 seconds
Maximum borrowing capacity under credit facility					$ 1,800,000,000
Weighted average interest rate on debt			2.32%
Commercial Paper | Europe
Line of Credit Facility [Line Items]
Maturity period of debt	183 days		30 days 16 hours 8 minutes 48 seconds
Weighted average interest rate on debt			(0.22%)
Carrying value | United States
Line of Credit Facility [Line Items]
Commercial paper			$ 409,800,000	$ 632,668,000
Carrying value | Europe
Line of Credit Facility [Line Items]
Commercial paper			$ 522,976,000	$ 707,175,000

Debt - Senior Notes (Details)

Debt - Senior Notes (Details)	Sep. 04, 2019USD ($)	May 18, 2018USD ($)	Sep. 11, 2017USD ($)	Jun. 09, 2015USD ($)	Jan. 31, 2013USD ($)	Sep. 28, 2019USD ($)	Sep. 29, 2018USD ($)	Sep. 04, 2019EUR (€)	May 18, 2018EUR (€)	Sep. 11, 2017EUR (€)	Jun. 09, 2015EUR (€)
Debt Instrument [Line Items]
Payment of financing costs						$ 757,000	$ 864,000
Floating rate notes due September 04, 2021
Debt Instrument [Line Items]
Aggregate principal amount of debts | €								€ 300,000,000
Issuance premium received | €								€ 744,000
Payment of financing costs	$ 754,000
Floating Rate Notes due May 18, 2020
Debt Instrument [Line Items]
Aggregate principal amount of debts | €									€ 300,000,000
Payment of financing costs		$ 890,000
Floating Rate Notes due September 11, 2019
Debt Instrument [Line Items]
Aggregate principal amount of debts | €										€ 300,000,000
Payment of financing costs			$ 911,000
2.00% Senior Notes due January 14, 2022
Debt Instrument [Line Items]
Aggregate principal amount of debts | €											€ 500,000,000
Payment of financing costs				$ 4,218,000
Interest rate percentage						2.00%					2.00%
3.85% Senior Notes due February 1, 2023
Debt Instrument [Line Items]
Aggregate principal amount of debts					$ 600,000,000
Payment of financing costs					$ 6,000,000
Interest rate percentage					3.85%	3.85%
Euro Interbank Offered Rate (EURIBOR) | Floating rate notes due September 04, 2021
Debt Instrument [Line Items]
Basis spread on debt instrument	0.20%
Euro Interbank Offered Rate (EURIBOR) | Floating Rate Notes due May 18, 2020
Debt Instrument [Line Items]
Basis spread on debt instrument		0.30%
Euro Interbank Offered Rate (EURIBOR) | Floating Rate Notes due September 11, 2019
Debt Instrument [Line Items]
Basis spread on debt instrument			0.30%

Debt - Fair Value and Carrying

Debt - Fair Value and Carrying Value of Debt Instruments (Details) - USD ($) $ in Thousands	Sep. 28, 2019	Dec. 31, 2018	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	$ 1,273,158	$ 1,742,373
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%
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%
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Capital leases and other	$ 21,469	6,664
Unamortized debt issuance costs	(3,508)	(5,155)
Total debt	2,801,417	3,273,203
Less current portion of long-term debt and commercial paper	1,273,158	1,742,373
Long-term debt, less current portion	1,528,259	1,530,830
Fair Value | 3.85% Senior Notes due February 1, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	626,491	599,904
Fair Value | 2.00% Senior Notes due January 14, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	569,037	587,487
Fair Value | Floating Rate Notes due May 18, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	328,002	343,004
Fair Value | Floating Rate Notes due September 11, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	0	343,560
Fair Value | Floating rate notes due September 04, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	324,650	0
Fair Value | Five-year senior secured credit facility, due March 26, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	2,500	57,896
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Capital leases and other	21,469	6,664
Unamortized debt issuance costs	(3,508)	(5,155)
Total debt	2,756,739	3,257,974
Less current portion of long-term debt and commercial paper	1,273,158	1,742,373
Long-term debt, less current portion	1,483,581	1,515,601
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	547,046	572,148
Carrying Value | Floating Rate Notes due May 18, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	328,228	343,289
Carrying Value | Floating Rate Notes due September 11, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	0	343,289
Carrying Value | Floating rate notes due September 04, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	328,228	0
Carrying Value | Five-year senior secured credit facility, due March 26, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	2,500	57,896
United States | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper	409,800	632,668
United States | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper	409,800	632,668
Europe | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper	522,976	707,175
Europe | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper	$ 522,976	$ 707,175

Subsequent Event (Details)

Subsequent Event (Details) - 2019 Senior Secured Credit Facility - Subsequent Event	Oct. 18, 2019renewal_option
Subsequent Event [Line Items]
Number of options to extend maturity (up to)	2
Additional maturity period extended	1 year