XML 82 R67.htm IDEA: XBRL DOCUMENT
v3.22.4

Long-Term Debt - Senior Notes and Term Loan (Details) |  |  |  |  |  |  |  | 12 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 06, 2022 EUR (€) | Oct. 31, 2022 USD ($) | Aug. 12, 2022 USD ($) | Jun. 12, 2020 USD ($) | May 14, 2020 USD ($) | Apr. 07, 2020 USD ($) | Jan. 31, 2013 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | Nov. 01, 2022 | Oct. 03, 2022 USD ($) | Aug. 12, 2022 EUR (€) | Jun. 12, 2020 EUR (€) | May 15, 2020
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt issuance costs |  |  |  |  |  |  |  | $ 2,543,000 | $ 0 | $ 11,413,000 |  |  |  |  |
1.750% Senior Notes, payable June 12, 2027; interest payable annually |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate principal amount of debts | € |  |  |  |  |  |  |  |  |  |  |  |  |  | € 500,000,000 |
Interest rate (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.75% |
Debt issuance costs |  |  |  | $ 4,400,000 |  |  |  |  |  |  |  |  |  |  |
3.625% Senior Notes, payable May 15, 2030; interest payable semi-annually |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate principal amount of debts |  |  |  |  | $ 500,000,000 |  |  |  |  |  |  |  |  |  |
Interest rate (as a percent) |  |  |  |  | 3.625% |  |  |  |  |  |  |  |  |  | 3.625%
Debt issuance costs |  |  |  |  | $ 5,476,000 |  |  |  |  |  |  |  |  |  |
3.85% Senior Notes, payable February 1, 2023; interest payable semi-annually |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate principal amount of debts |  |  |  |  |  |  | $ 600,000,000 |  |  |  |  |  |  |  |
Interest rate (as a percent) |  |  |  |  |  |  | 3.85% |  |  |  | 3.85% |  |  |  |
Debt issuance costs |  |  |  |  |  |  | $ 6,000,000 |  |  |  |  |  |  |  |
Secured Debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt issuance costs |  |  |  |  |  | $ 1,088,000 |  |  |  |  |  |  |  |  |
Securitization agreement, maximum borrowing capacity |  |  |  |  |  | $ 500,000,000 |  |  |  |  |  |  |  |  |
Secured Debt | Term Loan One |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securitization agreement, maximum borrowing capacity |  |  | $ 575,000,000 |  |  |  |  |  |  |  |  |  |  |  |
Line of credit facility, maximum amount outstanding during period |  | $ 675,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |
Payments of financing costs |  |  |  |  |  |  |  | $ 664,000 |  |  |  |  |  |  |
Secured Debt | Term Loan Two |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securitization agreement, maximum borrowing capacity | € |  |  |  |  |  |  |  |  |  |  |  |  | € 220,000,000 |  |
Line of credit facility, maximum amount outstanding during period | € | € 220,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Secured Debt | Term Loan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Line of credit facility maximum borrowing capacity |  |  |  |  |  |  |  |  |  |  |  | $ 100,000,000 |  |  |
Consolidated interest coverage ratio |  |  | 3.5 |  |  |  |  |  |  |  |  |  | 3.5 |  |
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Secured Debt | Term Loan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on debt instrument (as a percent) |  |  | 0.10% |  |  |  |  |  |  |  |  |  |  |  |
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Secured Debt | Term Loan | Minimum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on debt instrument (as a percent) |  |  | 0.825% |  |  |  |  | 0.825% |  |  |  |  |  |  |
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Secured Debt | Term Loan | Maximum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on debt instrument (as a percent) |  |  | 1.50% |  |  |  |  |  |  |  |  |  |  |  |
Federal Funds Effective Swap Rate | Secured Debt | Term Loan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on debt instrument (as a percent) |  |  | 0.50% |  |  |  |  |  |  |  |  |  |  |  |
Monthly Sofr | Secured Debt | Term Loan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on debt instrument (as a percent) |  |  | 1.00% |  |  |  |  |  |  |  |  |  |  |  |
Base Rate | Secured Debt | Term Loan | Minimum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on debt instrument (as a percent) |  |  | 0.00% |  |  |  |  | 0.00% |  |  |  |  |  |  |
Base Rate | Secured Debt | Term Loan | Maximum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on debt instrument (as a percent) |  |  | 0.50% |  |  |  |  |  |  |  |  |  |  |  |
Euro Interbank Offered Rate (EURIBOR) | Secured Debt | Term Loan | Minimum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on debt instrument (as a percent) |  |  | 0.825% |  |  |  |  |  |  |  |  |  |  |  |
Euro Interbank Offered Rate (EURIBOR) | Secured Debt | Term Loan | Maximum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on debt instrument (as a percent) |  |  | 1.50% |  |  |  |  |  |  |  |  |  |  |  |

X
- Definition Consolidated interest coverage ratio + References No definition available. + Details
Name: | mhk_ConsolidatedInterestCoverageRatio
Namespace Prefix: | mhk_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line Of Credit Facility Maximum Borrowing Capacity Additional Amount + References No definition available. + Details
Name: | mhk_LineOfCreditFacilityMaximumBorrowingCapacityAdditionalAmount
Namespace Prefix: | mhk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum amount borrowed under the credit facility at any time during the period. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfDebtIssuanceCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow for loan and debt issuance costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfFinancingCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=mhk_OnePointSevenFivePercentSeniorNotesDueJuneTwelveTwoThousandTwentySevenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=mhk_ThreePointSixTwoFivePercentSeniorNotesDueMayFifteenTwoThousandThirtyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=mhk_ThreePointEightFivePercentSeniorNotesDueFebruaryOneTwoThousandTwentyThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_SecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=mhk_TermLoanOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=mhk_TermLoanTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=mhk_TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_FederalFundsEffectiveSwapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=mhk_MonthlySofrMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_BaseRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=mhk_EuroInterbankOfferedRateEURIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |