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COVER PAGE - USD ($)	12 Months Ended
COVER PAGE - USD ($)	Dec. 31, 2019	Feb. 25, 2020	Jun. 28, 2019
Entity Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 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 Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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 Public Float			$ 8,763,305,060
Entity Common Stock, Shares Outstanding		71,672,772
Documents Incorporated by Reference	Portions of the definitive Proxy Statement for the 2020 Annual Meeting of Stockholders-Part III.
Entity Central Index Key	0000851968
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
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

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 134,785	$ 119,050
Receivables, net	1,526,619	1,606,159
Inventories	2,282,328	2,287,615
Prepaid expenses	415,546	421,553
Other current assets	70,179	74,919
Total current assets	4,429,457	4,509,296
Property, plant and equipment, net	4,698,917	4,699,902
Right of use operating lease assets	323,003
Goodwill	2,570,027	2,520,966
Tradenames	702,732	707,380
Other intangible assets, net	226,147	254,430
Deferred income taxes and other non-current assets	436,397	407,149
Total assets	13,386,680	13,099,123
Current liabilities:
Current portion of long-term debt	1,051,498	1,742,373
Accounts payable and accrued expenses	1,559,140	1,523,866
Current operating lease liabilities	101,945
Total current liabilities	2,712,583	3,266,239
Deferred income taxes	473,886	413,740
Long-term debt, less current portion	1,518,388	1,515,601
Non-current operating lease liabilities	228,155
Other long-term liabilities	327,220	463,484
Total liabilities	5,260,232	5,659,064
Commitments and contingencies (Note 15)
Stockholders’ equity:
Preferred stock, $.01 par value; 60 shares authorized; no shares issued	0	0
Common stock, $.01 par value; 150,000 shares authorized; 78,980 and 79,656 shares issued in 2019 and 2018, respectively	790	797
Additional paid-in capital	1,868,250	1,852,173
Retained earnings	7,232,337	6,588,197
Accumulated other comprehensive loss	(765,824)	(791,608)
Shareholder's equity before treasury stock	8,335,553	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	8,119,841	7,433,814
Noncontrolling interest	6,607	6,245
Total stockholders’ equity	8,126,448	7,440,059
Total liabilities and shareholders' equity	$ 13,386,680	$ 13,099,123

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 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 issues (in shares)	78,980,000	79,656,000
Treasury stock, shares (in shares)	7,348,000	7,349,000

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Statement [Abstract]
Net sales	$ 9,970,672	$ 9,983,634	$ 9,491,290
Cost of sales	7,294,629	7,145,564	6,494,876
Gross profit	2,676,043	2,838,070	2,996,414
Selling, general and administrative expenses	1,848,819	1,742,744	1,642,241
Operating income	827,224	1,095,326	1,354,173
Interest expense	41,272	38,827	31,111
Other expense	36,407	7,298	5,205
Earnings before income taxes	749,545	1,049,201	1,317,857
Income tax expense	4,974	184,346	343,165
Net earnings including noncontrolling interest	744,571	864,855	974,692
Net earnings attributable to noncontrolling interest	360	3,151	3,054
Net earnings attributable to Mohawk Industries, Inc.	$ 744,211	$ 861,704	$ 971,638
Basic earnings per share attributable to Mohawk Industries, Inc.
Basic earnings per share attributable to Mohawk Industries, Inc. (usd per share)	$ 10.34	$ 11.53	$ 13.07
Weighted-average common shares outstanding—basic (in shares)	71,986	74,413	74,357
Diluted earnings per share attributable to Mohawk Industries, Inc.
Diluted earnings per share attributable to Mohawk Industries, Inc. (usd per share)	$ 10.30	$ 11.47	$ 12.98
Weighted-average common shares outstanding—diluted (in shares)	72,264	74,773	74,839

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net earnings including noncontrolling interest	$ 744,571	$ 864,855	$ 974,692
Other comprehensive (loss) income:
Foreign currency translation adjustments	28,996	(237,339)	281,655
Prior pension and post-retirement benefit service cost and actuarial loss (gain)	(3,210)	1,094	(2,927)
Other comprehensive income (loss)	25,786	(236,245)	278,728
Comprehensive income	770,357	628,610	1,253,420
Comprehensive income (loss) attributable to the non-controlling interest	360	(13)	7,282
Comprehensive income attributable to Mohawk Industries, Inc.	$ 769,997	$ 628,623	$ 1,246,138

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Redeemable Noncontrolling Interest	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Noncontrolling Interest
Beginning balance at Dec. 31, 2016	$ 5,783,487	$ 23,696	$ 815	$ 1,791,540	$ 5,032,914	$ (833,027)	$ (215,791)	$ 7,036
Beginning balance (in shares) at Dec. 31, 2016			81,519,000				(7,351,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued under employee and director stock plans	297		$ 3	269			$ 25
Shares issued under employee and director stock plans (in shares)			252,000				1,000
Stock-based compensation expense	36,322			36,322
Distribution to noncontrolling interest, net of adjustments	(750)							(750)
Accretion of redeemable noncontrolling interest	(46)	46			(46)
Noncontrolling earnings	510	2,544						510
Currency translation adjustment on noncontrolling interests	1,051	3,177						1,051
Currency translation adjustment	277,427					277,427
Prior pension and post-retirement benefit service cost and actuarial gain (loss)	(2,927)					(2,927)
Net income	971,638				971,638
Ending balance at Dec. 31, 2017	7,067,009	29,463	$ 818	1,828,131	6,004,506	(558,527)	$ (215,766)	7,847
Ending balance (in shares) at Dec. 31, 2017			81,771,000				(7,350,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued under employee and director stock plans	(8,377)		$ 2	(8,400)			$ 21
Shares issued under employee and director stock plans (in shares)			191,000				1,000
Stock-based compensation expense	31,382			31,382
Repurchases of common stock	(274,144)		$ (23)		(274,121)
Repurchases of common stock (in shares)			(2,306,000)
Accretion of redeemable noncontrolling interest	(3,892)	3,892			(3,892)
Noncontrolling earnings	677	2,474						677
Currency translation adjustment on noncontrolling interests	(1,219)	(1,945)						(1,219)
Purchase of redeemable noncontrolling interest and noncontrolling interest, net of taxes	0	(33,884)		1,060				(1,060)
Currency translation adjustment	(234,175)					(234,175)
Prior pension and post-retirement benefit service cost and actuarial gain (loss)	1,094					1,094
Net income	861,704				861,704
Ending balance at Dec. 31, 2018	7,440,059	0	$ 797	1,852,173	6,588,197	(791,608)	$ (215,745)	6,245
Ending balance (in shares) at Dec. 31, 2018			79,656,000				(7,349,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued under employee and director stock plans	(7,509)		$ 1	(7,543)			$ 33
Shares issued under employee and director stock plans (in shares)			130,000				1,000
Stock-based compensation expense	23,620			23,620
Repurchases of common stock	(100,079)		$ (8)		(100,071)
Repurchases of common stock (in shares)			(806,000)
Noncontrolling earnings	360							360
Currency translation adjustment	28,996					28,994		2
Prior pension and post-retirement benefit service cost and actuarial gain (loss)	(3,210)					(3,210)
Net income	744,211				744,211
Ending balance at Dec. 31, 2019	$ 8,126,448	$ 0	$ 790	$ 1,868,250	$ 7,232,337	$ (765,824)	$ (215,712)	$ 6,607
Ending balance (in shares) at Dec. 31, 2019			78,980,000				(7,348,000)

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net earnings	$ 744,571	$ 864,855	$ 974,692
Adjustments to reconcile net earnings to net cash provided by operating activities:
Restructuring	90,341	58,991	37,085
Depreciation and amortization	576,452	521,765	446,672
Deferred income taxes	(107,842)	88,456	(75,591)
Loss on disposal of property, plant and equipment	1,608	(205)	4,303
Stock-based compensation expense	23,620	31,382	36,322
Impairment of net investment in a manufacturer and distributor of ceramic tile in China	59,906	0	0
Changes in operating assets and liabilities, net of effects of acquisitions:
Receivables, net	81,953	13,856	(60,566)
Inventories	7,212	(255,391)	(153,245)
Accounts payable and accrued expenses	(52,065)	(69,847)	25,365
Other assets and prepaid expenses	3,625	(79,482)	(52,115)
Other liabilities	(10,620)	6,964	10,673
Net cash provided by operating activities	1,418,761	1,181,344	1,193,595
Cash flows from investing activities:
Additions to property, plant and equipment	(545,462)	(794,110)	(905,998)
Acquisitions, net of cash acquired	(81,082)	(568,960)	(250,799)
Purchases of short-term investments	(581,500)	(664,133)	(83,904)
Redemption of short-term investments	592,000	695,000	0
Net cash used in investing activities	(616,044)	(1,332,203)	(1,240,701)
Cash flows from financing activities:
Payments on Senior Credit Facilities	(488,978)	(813,182)	(454,637)
Proceeds from Senior Credit Facilities	448,587	809,287	447,884
Payments on Commercial Paper	(15,168,820)	(16,756,404)	(15,584,017)
Proceeds from Commercial Paper	14,540,177	16,988,398	15,761,954
Proceeds from Floating Rate Notes	331,325	353,649	357,569
Payments on asset securitization borrowings	0	0	(500,000)
Payments on Floating Rate Notes	(331,325)	0	0
Payments on other debt	(4,295)	0	0
Payments on acquired debt and other financings	0	(69,571)	(18,811)
Debt issuance costs	(3,028)	(890)	(1,478)
Purchase of redeemable non-controlling and non-controlling interest	0	(34,944)	0
Repurchases of common stock	(100,080)	(274,144)	0
Change in outstanding checks in excess of cash	(4,664)	5,753	(3,402)
Shares redeemed for taxes	(8,777)	(9,925)	(13,902)
Proceeds and net tax benefit from stock transactions	1	2	1,845
Net cash (used in) provided by financing activities	(789,877)	198,029	(6,995)
Effect of exchange rate changes on cash and cash equivalents	2,895	(13,004)	17,320
Net change in cash and cash equivalents	15,735	34,166	(36,781)
Cash and cash equivalents, beginning of year	119,050	84,884	121,665
Cash and cash equivalents, end of year	$ 134,785	$ 119,050	$ 84,884

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

(a) Basis of Presentation

Mohawk Industries, Inc. (“Mohawk” or the “Company”), a term which includes the Company and its subsidiaries, is a leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. The Company's vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs, ceramic tile, laminate, wood, stone, luxury vinyl tile (“LVT”) and sheet vinyl flooring.

The consolidated financial statements include the accounts of the Company and its subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

(b) Cash and Cash Equivalents

The Company considers investments with an original maturity of three months or less when purchased to be cash equivalents. As of December 31, 2019, the Company had cash of $134,785 of which $110,033 was held outside the United States. As of December 31, 2018, the Company had cash of $119,050 of which $88,100 was held outside the United States.

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.

The Company recognizes revenues when it satisfies performance obligations as evidenced by the transfer of control of the promised goods to customers, when the product is either shipped or received from the Company’s facilities, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods. 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.

(d) Inventories

The Company accounts for all inventories on the first-in, first-out (“FIFO”) method. Inventories are stated at the lower of cost or net realizable value. Cost has been determined using the FIFO method. Costs included in inventory include raw materials, direct and indirect labor and employee benefits, depreciation, general manufacturing overhead and various other costs of manufacturing. Inventories on hand are compared against anticipated future usage, which is a function of historical usage, anticipated future selling price, expected sales below cost, excessive quantities and an evaluation for obsolescence.

(e) Property, Plant and Equipment

Property, plant and equipment are stated at cost, including capitalized interest. Depreciation is calculated on a straight-line basis over the estimated remaining useful lives, which are 15-40 years for buildings and improvements, 3-25 years for machinery and equipment, the shorter of the estimated useful life or lease term for leasehold improvements and 3-7 years for furniture and fixtures.

(f) Accounting for Business Combinations

The Company accounts for business combinations under the acquisition method of accounting which requires it to recognize separately from goodwill the assets acquired and the liabilities assumed at their acquisition date fair values. While the Company uses its best estimates and assumptions to accurately value assets acquired and liabilities assumed at the acquisition date as well as contingent consideration, where applicable, the estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the acquisition date, the Company records adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the Company’s consolidated statements of operations.

(g) Goodwill and Other Intangible Assets

In accordance with the provisions of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic (“ASC”) 350, Intangibles-Goodwill and Other, the Company tests goodwill and other intangible assets with indefinite lives for impairment on an annual basis on the first day of the fourth quarter (or on an interim basis if an event occurs that might reduce the fair value of the reporting unit below its carrying value). The Company considers the relationship between its market capitalization and its book value, among other factors, when reviewing for indicators of impairment. The goodwill impairment tests are based on determining the fair value of the specified reporting units based on management’s judgments and assumptions using the discounted cash flows and comparable company market valuation approaches. The Company has identified Global Ceramic, Flooring NA, and Flooring ROW as its reporting units for the purposes of allocating goodwill and intangibles as well as assessing impairments. The valuation approaches are subject to key judgments and assumptions that are sensitive to change such as judgments and assumptions about appropriate sales growth rates, operating margins, weighted average cost of capital (“WACC”), and comparable company market multiples.

When developing these key judgments and assumptions, the Company considers economic, operational and market conditions that could impact the fair value of the reporting unit. However, estimates are inherently uncertain and represent only management’s reasonable expectations regarding future developments. These estimates and the judgments and assumptions upon which the estimates are based will, in all likelihood, differ in some respects from actual future results. Should a significant or prolonged deterioration in economic conditions occur, such as continued declines in spending for new construction, remodeling and replacement activities; the inability to pass increases in the costs of raw materials and fuel on to customers; or a decline in comparable company market multiples, then key judgments and assumptions could be impacted.

The impairment evaluation for indefinite lived intangible assets, which for the Company are its trademarks, is conducted on the first day of the fourth quarter of each year, or more frequently if events or changes in circumstances indicate that an asset might be impaired. The first step of the impairment tests for indefinite lived intangible assets may be completed through an assessment of qualitative factors to determine the existence of events or circumstances that would indicate that it is not more likely than not that the fair value of these assets is less than their carrying amounts. If the qualitative assessment indicates it is not more likely than not that the fair value of these assets is less than their carrying amounts, a quantitative impairment test is not required. If a quantitative test is necessary, the Company estimates the fair value of the intangible asset and compares it to its carrying amount. If the carrying value of the intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess. The Company may also elect to bypass the qualitative assessment and perform a quantitative impairment test in any period. If the Company elects to perform a quantitative impairment test, it may resume the qualitative assessment in subsequent periods.

The determination of fair value used in the impairment evaluation is based on discounted estimates of future sales projections attributable to ownership of the trademarks. Significant judgments inherent in this analysis include assumptions about appropriate sales growth rates, royalty rates, applicable discount rate and the amount of expected future cash flows. The judgments and assumptions used in the estimate of fair value are generally consistent with past performance and are also consistent with the projections and assumptions that are used in current operating plans. Such assumptions are subject to change as a result of changing economic and competitive conditions. The determination of fair value is highly sensitive to differences between estimated and actual cash flows and changes in the related discount rate used to evaluate the fair value of the trademarks. Estimated cash flows are sensitive to changes in the economy among other things.

Intangible assets that do not have indefinite lives are amortized based on average lives, which range from 7-16 years.

(h) Income Taxes

Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company records interest and penalties related to unrecognized tax benefits in income tax expense.

(i) Financial Instruments

The Company’s financial instruments consist primarily of receivables, accounts payable, accrued expenses and long-term debt. The carrying amounts of receivables, accounts payable and accrued expenses approximate their fair value because of the short-term maturity of such instruments. The Company formed a wholly-owned captive insurance company during 2017 that invests in the Company’s commercial paper. These short-term commercial paper investments are classified as trading securities and carried at fair value based upon level two fair value hierarchy. The carrying amount of the Company’s floating rate debt approximates its fair value based upon level two fair value hierarchy. Interest rates that are currently available to the Company for issuance of long-term debt with similar terms and remaining maturities are used to estimate the fair value of the Company’s long-term debt.

(j) Advertising Costs and Vendor Consideration

Advertising and promotion expenses are charged to earnings during the period in which they are incurred. Advertising and promotion expenses included in selling, general, and administrative expenses were $130,207 in 2019, $116,854 in 2018 and $119,560 in 2017.

Vendor consideration, generally cash, is classified as a reduction of net sales, unless specific criteria are met regarding goods or services that the Company may receive in return for this consideration. The Company makes various payments to customers, including rebates, slotting fees, advertising allowances, buy-downs and co-op advertising. All of these payments reduce gross sales with the exception of co-op advertising. Co-op advertising is classified as a selling, general and administrative expense. Co-op advertising expenses, a component of advertising and promotion expenses, were $11,418 in 2019, $13,332 in 2018 and $10,891 in 2017.

(k) Product Warranties

The Company warrants certain qualitative attributes of its flooring products. The Company has recorded a provision for estimated warranty and related costs, based on historical experience and periodically adjusts these provisions to reflect actual experience.

(l) Impairment of Long-Lived Assets

The Company reviews its long-lived asset groups, which include intangible assets subject to amortization, which for the Company are its patents and customer relationships, for impairment whenever events or changes in circumstances indicate that the carrying amount of such asset groups may not be recoverable. Recoverability of asset groups to be held and used is measured by a comparison of the carrying amount of long-lived assets to future undiscounted net cash flows expected to be generated by these asset groups. If such asset groups are considered to be impaired, the impairment recognized is the amount by which the carrying amount of the asset group exceeds the fair value of the asset group. Assets held for sale are reported at the lower of the carrying amount or fair value less estimated costs of disposal and are no longer depreciated.

(m) Foreign Currency Translation

The Company’s subsidiaries that operate outside the United States use their local currency as the functional currency. The functional currency is translated into U.S. Dollars for balance sheet accounts using the month end rates in effect as of the balance sheet date and average exchange rate for revenue and expense accounts for each respective period. The translation

adjustments are deferred as a separate component of stockholders’ equity, within accumulated other comprehensive income (loss). Gains or losses resulting from transactions denominated in foreign currencies are included in other income or expense, within the consolidated statements of operations.

(n) 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 years ended December 31, 2019, December 31, 2018 and December 31, 2017 the change in the U.S. dollar value of the Company’s euro denominated debt was a decrease of $12,049 ($9,153 net of taxes), a decrease of $27,948 ($20,376 net of taxes) and an increase of $74,112 ($46,320 net of taxes), respectively, which is recorded in the foreign currency translation adjustment component of accumulated other comprehensive income (loss). The increase in the U.S. dollar value of the Company’s debt partially offsets the euro-to-dollar translation of the Company’s net investment in its European operations.

(o) Earnings per Share (“EPS”)

Basic net earnings per share (“EPS”) is calculated using net earnings available to common stockholders divided by the weighted-average number of shares of common stock outstanding during the year. Diluted EPS is similar to basic EPS except that the weighted-average number of shares is increased to include the number of additional common shares that would have been outstanding if the potentially dilutive common shares had been issued.

Dilutive common stock options are included in the diluted EPS calculation using the treasury stock method. There were no common stock options and unvested restricted shares (units) that were excluded from the diluted EPS computation because the price was greater than the average market price of the common shares for the periods presented for 2019, 2018 and 2017.

Computations of basic and diluted earnings per share are presented in the following table:



	2019		2018		2017
Earnings attributable to Mohawk Industries, Inc.	$	744,211	861,704		971,638
Accretion of redeemable noncontrolling interest ^(a)	—		(3,892	)	(46	)
Net earnings available to common stockholders	$	744,211	857,812		971,592

Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding - basic	71,986		74,413		74,357
Add weighted-average dilutive potential common shares - options and RSUs to purchase common shares, net	278		360		482
Weighted-average common shares outstanding-diluted	72,264		74,773		74,839
Earnings per share attributable to Mohawk Industries, Inc.
Basic	$	10.34	11.53		13.07
Diluted	$	10.30	11.47		12.98

^(a) Represents the accretion of the Company’s redeemable noncontrolling interest to redemption value. The holder put this option to the Company on December 20, 2018 for $33,884.

(p) 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 ASC 718-10, “Stock Compensation”. Compensation expense is generally recognized on a straight-line basis over the awards’ estimated lives for fixed awards with ratable vesting provisions.

(q) Employee Benefit Plans

The Company has a 401(k) retirement savings plan (the “Mohawk Plan”) open to substantially all U.S. and Puerto Rico based employees who have completed 60 days of eligible service. The Company contributes $.50 for every $1.00 of employee contributions up to a maximum of 6% of the employee’s salary based upon each individual participants election. Employee and

employer contributions to the Mohawk Plan were $57,354 and $23,008 in 2019, $55,796 and $22,689 in 2018 and $53,544 and $22,039 in 2017, respectively.

The Company also has various pension plans covering employees in Belgium, France, and the Netherlands (the “Non-U.S. Plans”) within the Flooring ROW segment. Benefits under the Non-U.S. Plans depend on compensation and years of service. The Non-U.S. Plans are funded in accordance with local regulations. The Company uses December 31 as the measurement date for its Non-U.S. Plans. The Company’s projected benefit obligation and plan assets as of December 31, 2019 were $73,510 and $60,040, respectively. The Company’s projected benefit obligation and plan assets as of December 31, 2018 were $63,569 and $54,315, respectively. As of December 31, 2019, the funded status of the Non-U.S. Plans was a liability of $13,470 of which $8,303 was recorded in accumulated other comprehensive income, for a net liability of $5,167 recorded in other long-term liabilities within the consolidated balance sheets. As of December 31, 2018, the funded status of the Non-U.S. Plans was a liability of $9,254 of which $5,092 was recorded in accumulated other comprehensive income, for a net liability of $4,162 recorded in other long-term liabilities within the consolidated balance sheets.

(r) Comprehensive Income (Loss)

Comprehensive income (loss) includes foreign currency translation of assets and liabilities of foreign subsidiaries, effects of exchange rate changes on intercompany balances of a long-term nature and pensions. The Company does not provide income taxes on currency translation adjustments, as earnings from foreign subsidiaries are considered to be indefinitely reinvested. The Company presents currency translation adjustments on non-controlling interests separately from currency translation adjustments on controlling interests in accumulated other comprehensive income (loss) within stockholders’ equity.

The changes in accumulated other comprehensive income (loss) by component, net of tax, for years ended December 31, 2019, 2018 and 2017 are as follows:



	Foreign currency translation adjustments			Pensions and post-retirement benefits		Total
Balance as of December 31, 2016	$	(825,354	)	(7,673	)	(833,027	)
Current period other comprehensive income (loss) before reclassifications	277,427			(2,927	)	274,500
Amounts reclassified from accumulated other comprehensive loss	—			—		—
Balance as of December 31, 2017	(547,927		)	(10,600	)	(558,527	)
Current period other comprehensive income (loss) before reclassifications	(234,175		)	1,094		(233,081	)
Amounts reclassified from accumulated other comprehensive income	—			—		—
Balance as of December 31, 2018	(782,102		)	(9,506	)	(791,608	)
Current period other comprehensive income (loss) before reclassifications	28,994			(3,210	)	25,784
Amounts reclassified from accumulated other comprehensive income (loss)	—			—		—
Balance as of December 31, 2019	$	(753,108	)	(12,716	)	(765,824	)

(s) Self-Insurance Reserves

The Company is self-insured in the U.S. for various levels of general liability, auto liability, workers’ compensation and employee medical coverage. Insurance reserves are calculated on an undiscounted basis based on actual claim data and estimates of incurred but not reported claims developed utilizing historical claim trends. Projected settlements and incurred but not reported claims are estimated based on pending claims and historical trends and data. Though the Company does not expect them to do so, actual settlements and claims could differ materially from those estimated. Material differences in actual settlements and claims could have an adverse effect on the Company’s results of operations and financial condition.

In the fourth quarter of 2017, the Company formed a wholly-owned captive insurance company, Mohawk Assurance Services, Inc. (“MAS”). MAS insures the retained portion of the Company’s U.S. workers’ compensation, automobile liability and general liability exposures. The Company funded MAS with an initial cash contribution of $16,876 as a contribution to equity and $67,391 as the net present value of premiums owed by the Company for the insurance provided by MAS. MAS began providing coverage to the Company as of December 22, 2017. MAS had investments of $42,500 and $53,000 in the Company’s commercial paper as of December 31, 2019 and 2018, respectively.

(t) Fiscal Year

The Company ends its fiscal year on December 31. Each of the first three quarters in the fiscal year ends on the Saturday nearest the calendar quarter end with a thirteen week fiscal quarter.

(u) Recent Accounting Pronouncements

- Effective in Future Years

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.

In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes which simplified the accounting for income taxes in several areas by removing certain exceptions and by clarifying and amending existing guidance applicable to accounting for income taxes. The amendment is effective commencing in 2021 with early adoption permitted. The Company is currently evaluating the impact that the adoption of this accounting standards update will have on its consolidated financial statements.

- Recently Adopted

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. The effect of adopting the new standard was not material.

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 the Company’s 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. The Company’s accounting for finance leases remained substantially unchanged. See Note 11, 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. 2017 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.

Acquisitions	12 Months Ended
Acquisitions	Dec. 31, 2019
Business Combinations [Abstract]
Acquisitions	Acquisitions 2019 Acquisitions During 2019, the Company acquired two businesses in the Flooring ROW segment for hard surface flooring distribution companies based in the Netherlands and Czech Republic for $76,237, resulting in a preliminary goodwill allocation of $48,008. The results have been included in the 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 indebtedness of Eliane, with total cash consideration paid of $148,302. The Company’s acquisition of Eliane resulted in allocations of goodwill of $33,019, indefinite-lived tradename intangible assets of $32,238 and intangible assets subject to amortization of $5,818. The majority of the goodwill is deductible for tax purposes. The factors contributing to the recognition of the amount of goodwill include product, sales and manufacturing synergies. 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 Customers

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

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 (includes sheet vinyl and LVT), 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 $34,959 and $34,486 as of December 31, 2019 and December 31, 2018, 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 years ended December 31, 2019, 2018, and 2017 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 $69,039 and $57,840 as of December 31, 2019 and December 31, 2018, respectively. Amortization expense recognized during 2019 related to these capitalized costs was $41,819.

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 during the years ended December 31, 2019, 2018 and 2017, respectively:



December 31, 2019	Global Ceramic segment		Flooring NA segment	Flooring ROW segment	Intersegment sales	Total
Geographical Markets
United States	$	2,131,029	3,688,691	2,873	—	5,822,593
Europe	711,762		6,922	1,813,555	—	2,532,239
Russia	269,142		66	116,187	—	385,395
Other	519,209		148,035	563,201	—	1,230,445
Total	$	3,631,142	3,843,714	2,495,816	—	9,970,672

Product Categories
Ceramic & Stone	$	3,631,142	55,503	—	—	3,686,645
Carpet & Resilient	—		3,136,474	785,295	—	3,921,769
Laminate & Wood	—		651,737	849,340	—	1,501,077
Other ⁽¹⁾	—		—	861,181	—	861,181
Total	$	3,631,142	3,843,714	2,495,816	—	9,970,672



December 31, 2018	Global Ceramic segment		Flooring NA segment	Flooring ROW segment	Intersegment sales	Total
Geographical Markets
United States	$	2,251,233	3,851,267	1,289	—	6,103,789
Europe	714,315		6,487	1,861,890	—	2,582,692
Russia	245,867		2	103,351	—	349,220
Other	341,441		171,392	435,100	—	947,933
Total	$	3,552,856	4,029,148	2,401,630	—	9,983,634

Product Categories
Ceramic & Stone	$	3,552,856	68,337	—	—	3,621,193
Carpet & Resilient	—		3,258,029	645,669	—	3,903,698
Laminate & Wood	—		702,782	850,250	—	1,553,032
Other ⁽¹⁾	—		—	905,711	—	905,711
Total	$	3,552,856	4,029,148	2,401,630	—	9,983,634



December 31, 2017	Global Ceramic segment		Flooring NA segment		Flooring ROW segment	Intersegment sales		Total
Geographical Markets
United States	$	2,223,998	3,809,211		2,111	(120	)	6,035,200
Europe	645,341		19,100		1,698,628	—		2,363,069
Russia	235,043		(1	)	91,033	—		326,075
Other	300,718		182,548		283,680	—		766,946
Total	$	3,405,100	4,010,858		2,075,452	(120	)	9,491,290

Product Categories
Ceramic & Stone	$	3,405,100	80,145		—	—		3,485,245
Carpet & Resilient	—		3,219,971		435,931	—		3,655,902
Laminate & Wood	—		710,742		808,675	—		1,519,417
Other ⁽¹⁾	—		—		830,846	(120	)	830,726
Total	$	3,405,100	4,010,858		2,075,452	(120	)	9,491,290

⁽¹⁾ Other includes roofing elements, insulation boards, chipboards and IP contracts.

Restructuring, Acquisition Transaction and Integration-Related Costs

12 Months Ended

Dec. 31, 2019

Restructuring and Related Activities [Abstract]

Restructuring, Acquisition Transaction and Integration-Related Costs

The Company incurs costs in connection with acquiring, integrating and restructuring acquisitions and in connection with its global cost-reduction/productivity initiatives. For example:

•

In connection with acquisition activity, the Company typically incurs costs associated with executing the transactions, integrating the acquired operations (which may include expenditures for consulting and the integration of systems and processes), and restructuring the combined company (which may include charges related to employees, assets and activities that will not continue in the combined company); and


•	In connection with the Company’s cost-reduction/productivity initiatives, it typically incurs costs and charges associated with site closings and other facility rationalization actions including accelerated depreciation and workforce reductions.

Restructuring, acquisition transaction and integration-related costs consisted of the following during the year ended December 31, 2019, 2018 and 2017, respectively (in thousands):



	2019		2018	2017
Cost of sales
Restructuring costs	$	84,844	43,733	33,109
Acquisition integration-related costs	3,458		3,330	2,916
Restructuring and integration-related costs	$	88,302	47,063	36,025

Selling, general and administrative expenses
Restructuring costs	$	5,497	15,259	3,976
Acquisition transaction-related costs	1,502		4,977	2,751
Acquisition integration-related costs	5,871		11,351	6,188
Restructuring, acquisition and integration-related costs	$	12,870	31,587	12,915

The restructuring activity for the years ended December 31, 2019 and 2018, respectively is as follows (in thousands):



	Lease impairments			Asset write-downs		Severance		Other restructuring costs		Total
Balance as of December 31, 2017	$	359		—		584		152		1,095
Provision - Global Ceramic segment	528			1,131		7,113		337		9,109
Provision - Flooring NA segment	236			2,940		4,985		33,807		41,968
Provision - Flooring ROW segment	—			—		4,741		(104	)	4,637
Provision - Corporate	—			—		3,278		—		3,278
Cash payments	(726		)	—		(12,605	)	(30,385	)	(43,716	)
Non-cash items	—			(4,071	)	(230	)	(3,557	)	(7,858	)
Balance as of December 31, 2018	397			—		7,866		250		8,513
Provision - Global Ceramic segment	—			—		5,264		—		5,264
Provision - Flooring NA segment	—			37,820		2,617		33,975		74,412
Provision - Flooring ROW segment	—			3,936		4,615		2,099		10,650
Provision - Corporate	—			—		15		—		15
Cash payments	(376		)	—		(16,113	)	(19,165	)	(35,654	)
Non-cash items	—			(41,756	)	(142	)	(17,043	)	(58,941	)
Balance as of December 31, 2019	$	21		—		4,122		116		4,259

The Company expects the remaining severance and other restructuring costs to be paid over the next year.

Receivables

12 Months Ended

Dec. 31, 2019

Receivables [Abstract]

Receivables



	December 31, 2019		December 31, 2018
Customers, trade	$	1,491,592	1,562,284
Income tax receivable	8,428		17,217
Other	88,520		101,376
	1,588,540		1,680,877
Less allowance for discounts, returns, claims and doubtful accounts	61,921		74,718
Receivables, net	$	1,526,619	1,606,159

The following table reflects the activity of allowances for discounts, returns, claims and doubtful accounts for the years ended December 31:



	Balance at beginning of year		Acquisitions	Additions charged to net sales or costs and expenses	Deductions⁽¹⁾	Balance at end of year
2017	$	78,335	6,510	308,507	307,249	86,103
2018	86,103		4,240	317,716	333,341	74,718
2019	74,718		382	387,253	400,432	61,921

⁽¹⁾

Represents charge-offs, net of recoveries.

Inventories

12 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Inventories

The components of inventories are as follows:



	December 31, 2019		December 31, 2018
Finished goods	$	1,610,742	1,582,112
Work in process	144,639		165,616
Raw materials	526,947		539,887
Total inventories	$	2,282,328	2,287,615

Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

The Company conducted its annual impairment assessment on the first day of the fourth quarter of 2019 and determined the fair values of its reporting units and trademarks exceeded their carrying values. As a result, no impairment was indicated.

The following table summarizes the components of intangible assets:

Goodwill:



	Global Ceramic			Flooring NA		Flooring ROW		Total
Balances as of December 31, 2017
Goodwill	$	1,567,872		869,764		1,361,248		3,798,884
Accumulated impairments losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	1,035,942			526,710		908,807		2,471,459
Goodwill recognized during the year	19,821			4,434		95,483		119,738
Currency translation during the year	(22,706		)	—		(47,525	)	(70,231	)
Balances as of December 31, 2018
Goodwill	1,564,987			874,198		1,409,206		3,848,391
Accumulated impairments losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	1,033,057			531,144		956,765		2,520,966
Goodwill recognized during the year	13,197			—		49,619		62,816
Currency translation during the year	5,392			—		(19,147	)	(13,755	)
Balances as of December 31, 2019
Goodwill	1,583,576			874,198		1,439,678		3,897,452
Accumulated impairments losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	$	1,051,646		531,144		987,237		2,570,027

Intangible assets:



	Tradenames
Indefinite life assets not subject to amortization:
Balance as of December 31, 2017	$	644,208
Intangible assets acquired during the year	91,782
Currency translation during the year	(28,610		)
Balance as of December 31, 2018	707,380
Intangible assets acquired during the year⁽¹⁾	(874		)
Currency translation during the year	(3,774		)
Balance as of December 31, 2019	$	702,732

⁽¹⁾Includes adjustments on previously acquired intangible assets.



	Customer relationships			Patents		Other		Total
Intangible assets subject to amortization:
Balances as of December 31, 2017	$	234,835		7,061		5,663		247,559
Intangible assets acquired during the year	47,361			—		7		47,368
Amortization during the year	(28,389		)	(2,272	)	(84	)	(30,745	)
Currency translation during the year	(9,179		)	(294	)	(279	)	(9,752	)
Balances as of December 31, 2018	244,628			4,495		5,307		254,430
Intangible assets acquired during the year	2,092			—		—		2,092
Amortization during the year	(25,527		)	(2,156	)	70		(27,613	)
Currency translation during the year	(2,752		)	(111	)	101		(2,762	)
Balances as of December 31, 2019	$	218,441		2,228		5,478		226,147



	December 31, 2019
	Cost		Acquisitions	Currency translation		Accumulated amortization	Net Value
Customer Relationships	$	651,014	2,092	(7,900	)	426,765	218,441
Patents	254,483		—	(5,383	)	246,872	2,228
Other	6,534		—	97		1,153	5,478
Total	$	912,031	2,092	(13,186	)	674,790	226,147



	December 31, 2018
	Cost		Acquisitions	Currency translation		Accumulated amortization	Net Value
Customer Relationships	$	625,263	47,361	(21,610	)	406,386	244,628
Patents	266,969		—	(12,486	)	249,988	4,495
Other	6,825		7	(298	)	1,227	5,307
Total	$	899,057	47,368	(34,394	)	657,601	254,430



	Years Ended December 31,
	2019		2018	2017
Amortization expense	$	27,613	30,745	34,279

Estimated amortization expense for the years ending December 31 are as follows:



2020	$	27,847
2021	27,846
2022	25,866
2023	24,234
2024	23,511

Property, Plant and Equipment

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Following is a summary of property, plant and equipment:



	December 31, 2019		December 31, 2018
Land	$	469,837	407,780
Buildings and improvements	1,790,781		1,584,240
Machinery and equipment	5,602,474		5,334,060
Furniture and fixtures	163,017		230,644
Leasehold improvements	103,755		94,683
Construction in progress	366,144		575,667
	8,496,008		8,227,074
Less accumulated depreciation and amortization	3,797,091		3,527,172
Net property, plant and equipment	$	4,698,917	4,699,902

Additions to property, plant and equipment included capitalized interest of $7,214, $10,684 and $8,543 in 2019, 2018 and 2017, respectively. Depreciation expense was $544,733, $487,411 and $408,646 for 2019, 2018 and 2017, respectively. Included in property, plant and equipment are finance leases with a cost of $35,271 and $7,106 and accumulated depreciation of $5,664 and $2,333 as of December 31, 2019 and 2018, respectively.

Long-Term Debt

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Long-Term Debt

Senior Credit Facility

On October 18, 2019, the Company amended and restated its $1,800,000 senior credit facility, extending the maturity from March 26, 2022 to October 18, 2024 (as amended and restated, the “Senior Credit Facility”). The Senior Credit Facility marginally reduced the commitment fee and modified certain negative covenants to provide the Company with additional flexibility, including flexibility to make acquisitions and incur additional indebtedness. The amendment also renewed the Company’s option to extend the maturity of the Senior Credit Facility up to two times for an additional one-year period each.

At the Company’s election, revolving loans under the 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 December 31, 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 Senior Credit Facility) rate plus 1.0%, plus an applicable margin ranging between 0.00% and 0.75% (0.125% as of December 31, 2019). The Company also pays a commitment fee to the lenders under the Senior Credit Facility on the average amount by which the aggregate commitments of the lenders exceed utilization of

the Senior Credit Facility ranging from 0.09% to 0.20% per annum (0.11% as of December 31, 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 Senior Credit Facility are unsecured.

The Senior Credit Facility includes certain affirmative and negative covenants that impose restrictions on the Company’s financial and business operations, including limitations on liens, subsidiary indebtedness, fundamental changes, 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. However, at the Company’s election upon the occurrence of certain material acquisitions, a step up of the maximum permitted Consolidated Net Leverage Ratio to 4.00 to 1.00 for the four (4) fiscal quarter period of the Company commencing with the fiscal quarter during which said acquisition(s) closes.

The Senior Credit Facility also contains customary representations and warranties and events of default, subject to customary grace periods.

In 2019, the Company paid financing costs of $2,264 in connection with the amendment and restatement of its Senior Credit Facility. These costs were deferred and, along with previously unamortized costs of $3,405 are being amortized over the term of the Senior Credit Facility.

As of December 31, 2019, amounts utilized under the Senior Credit Facility included $16,803 of borrowings and $22,787 of standby letters of credit related to various insurance contracts and foreign vendor commitments. The outstanding borrowings of $693,946 under the Company’s U.S. and European commercial paper programs as of December 31, 2019 reduce the availability of the Senior Credit Facility. Including commercial paper borrowings, the Company has utilized $733,536 under the Senior Credit Facility resulting in a total of $1,066,464 available as of December 31, 2019.

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 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 Senior Credit Facility) at any time.

The proceeds from the issuance of commercial paper notes will be available for general corporate purposes. As of December 31, 2019, there was $317,000 outstanding under the U.S. commercial paper program, and the euro equivalent of $376,946 under the European program. The weighted-average interest rate and maturity period for the U.S. program were 2.03% and 21 days, respectively. The weighted-average interest rate and maturity period for the European program were (0.24)% and 24.5 days, respectively.

Senior Notes

On September 4, 2019, Mohawk Finance 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 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 ranked pari passu with all of Mohawk Finance’s other existing and future senior unsecured indebtedness. The 2019 Floating Rate Notes were fully, unconditionally and irrevocably guaranteed by the Company on a senior unsecured basis. These notes bore interest at a rate per annum, reset quarterly, equal to three-month EURIBOR plus 0.3% (but in no event would the interest rate be less than zero). Interest on the 2019 Floating Rate Notes was 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 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.

Accounts Receivable Securitization

On December 19, 2012, the Company entered into a three-year on-balance sheet trade accounts receivable securitization agreement (the “Securitization Facility”). On September 11, 2014, the Company made certain modifications to its Securitization Facility, which modifications, among other things, increased the aggregate borrowings available under the facility from $300,000 to $500,000 and decreased the interest margins on certain borrowings. Amounts borrowed under the Securitization Facility bore

interest at LIBOR plus an applicable margin of 0.70% per annum and the borrower paid a commitment fee at a per annum rate of 0.30% on the unused amount of each lender’s commitment. On December 10, 2015, the Company extended the termination date to December 19, 2016, and on December 13, 2016, the Company extended the termination date to December 19, 2017. The Company paid financing costs of $250 in connection with the second extension. These costs were deferred and amortized over the term of the Securitization Facility. The Securitization Facility expired in accordance with its terms on December 19, 2017.

The fair values and carrying values of the Company’s debt instruments are detailed as follows:



	At December 31, 2019					At December 31, 2018
	Fair Value			Carrying Value		Fair Value		Carrying Value
3.85% senior notes, payable February 1, 2023; interest payable semiannually	$	627,144		600,000		599,904		600,000
2.00% senior notes, payable January 14, 2022; interest payable annually	580,235			560,099		587,487		572,148
Floating Rate Notes, payable May 18, 2020, interest payable quarterly	336,066			336,059		343,004		343,289
Floating Rate Notes, payable September 11, 2019, interest payable quarterly	—			—		343,560		343,289
Floating rate notes, payable September 4, 2021, interest payable quarterly	335,965			336,059		—		—
U.S. commercial paper	317,000			317,000		632,668		632,668
European commercial paper	376,946			376,946		707,175		707,175
Five-year senior unsecured credit facility, due October 18, 2024	16,803			16,803		57,896		57,896
Finance leases and other	30,049			30,049		6,664		6,664
Unamortized debt issuance costs	(3,129		)	(3,129	)	(5,155	)	(5,155	)
Total debt	2,617,079			2,569,886		3,273,203		3,257,974
Less current portion of long-term debt and commercial paper	1,051,498			1,051,498		1,742,373		1,742,373
Long-term debt, less current portion	$	1,565,581		1,518,388		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.

The aggregate maturities of total debt as of December 31, 2019 are as follows⁽¹⁾:



2020	$	1,051,643
2021	340,555
2022	564,339
2023	603,770
2024	2,635
Thereafter	10,073
	$	2,573,015

⁽¹⁾ Debt maturity table excludes deferred loan costs.

Accounts Payable and Accrued Expenses

12 Months Ended

Dec. 31, 2019

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses are as follows:



	December 31, 2019		December 31, 2018
Outstanding checks in excess of cash	$	9,924	14,624
Accounts payable, trade	824,956		811,879
Accrued expenses	461,035		430,431
Product warranties	49,184		47,511
Accrued interest	21,050		21,908
Accrued compensation and benefits	192,991		197,513
Total accounts payable and accrued expenses	$	1,559,140	1,523,866

Leases

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

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 the Company’s 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 the Company’s leases include rental payments that will adjust periodically for inflation or certain adjustments based on step increases. An insignificant number of the Company’s leases contain residual value guarantees and none of the

Company’s agreements contain material restrictive covenants. Variable rent expenses consist primarily of maintenance, property taxes and charges based on usage.

The Company rents or subleases certain real estate to third parties. The Company’s sublease portfolio consists mainly of operating leases.

The components of lease costs are as follows:



	Twelve Months Ended December 31, 2019
	Cost of Goods Sold			Selling, General and Administrative		Total
Operating lease costs
Fixed	$	30,002		97,988		127,990
Short-term	9,725			13,933		23,658
Variable	8,123			29,852		37,975
Sub-leases	(311		)	(537	)	(848	)
	$	47,539		141,236		188,775


	Twelve Months Ended December 31, 2019
	Depreciation and Amortization			Interest		Total
Finance lease costs
Amortization of leased assets	$	4,015		—		4,015
Interest on lease liabilities	—			491		491
	$	4,015		491		4,506
Net lease costs						193,281

Supplemental balance sheet information related to leases is as follows:



	Classification	At December 31, 2019
Assets
Operating Leases
Right of use operating lease assets	Right of use operating lease assets	$	323,003
Finance Leases
Property, plant and equipment, gross	Property, plant and equipment	35,271
Accumulated depreciation	Accumulated depreciation	(5,664		)
Property, plant and equipment, net	Property, plant and equipment, net	29,607
Total lease assets		$	352,610

Liabilities
Operating Leases
Other current	Current operating lease liabilities	$	101,945
Non-current	Non-current operating lease liabilities	228,155
Total operating liabilities		330,100
Finance Leases
Short-term debt	Short-term debt and current portion of long-term debt	4,835
Long-term debt	Long-term debt, less current portion	25,214
Total finance liabilities		30,049
Total lease liabilities		$	360,149

Maturities of lease liabilities are as follows:

As of December 31, 2019



Year ending December 31,	Finance Leases		Operating Leases	Total
2020	$	5,355	119,745	125,100
2021	4,955		94,169	99,124
2022	4,612		66,090	70,702
2023	4,077		36,965	41,042
2024	2,894		20,118	23,012
Thereafter	10,884		26,105	36,989
Total lease payments	32,777		363,192	395,969
Less imputed interest	2,728		33,092
Present value, Total	$	30,049	330,100

As of December 31, 2018



Year ending December 31,	Finance Leases		Operating Leases	Total
2019	$	1,494	116,110	117,604
2020	1,195		93,724	94,919
2021	766		66,129	66,895
2022	562		42,247	42,809
2023	555		22,207	22,762
Thereafter	3,215		26,097	29,312
Total payments	7,787		366,514	374,301
Less amount representing interest	1,123
Present value of capitalized lease payments	$	6,664

The Company had approximately $13,932 of leases that commenced after December 31, 2019 that created rights and obligations to the Company. These leases are not included in the above maturity schedule.

Lease term and discount rate are as follows:



	At December 31, 2019
Weighted Average Remaining Lease Term
Operating Leases	4.27
Finance Leases	8.44

Weighted Average Discount Rate
Operating Leases	3.3	%
Finance Leases	1.4	%

Supplemental cash flow information related to leases was as follows:



	Twelve Months Ended
	December 31, 2019
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	127,213
Operating cash flows from finance leases	349
Financing cash flows from finance leases	3,975
Right-of-use assets obtained in exchange for lease obligations:
Operating Leases	133,959
Finance Leases	20,464
Amortization:
Amortization of Right of use operating lease assets ⁽¹⁾	109,884

⁽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.

Rental expense under fixed operating leases was $127,990, $143,513 and $145,176 in 2019, 2018 and 2017, respectively.

Leases

Company’s agreements contain material restrictive covenants. Variable rent expenses consist primarily of maintenance, property taxes and charges based on usage.

The Company rents or subleases certain real estate to third parties. The Company’s sublease portfolio consists mainly of operating leases.

The components of lease costs are as follows:



	Twelve Months Ended December 31, 2019
	Cost of Goods Sold			Selling, General and Administrative		Total
Operating lease costs
Fixed	$	30,002		97,988		127,990
Short-term	9,725			13,933		23,658
Variable	8,123			29,852		37,975
Sub-leases	(311		)	(537	)	(848	)
	$	47,539		141,236		188,775


	Twelve Months Ended December 31, 2019
	Depreciation and Amortization			Interest		Total
Finance lease costs
Amortization of leased assets	$	4,015		—		4,015
Interest on lease liabilities	—			491		491
	$	4,015		491		4,506
Net lease costs						193,281

Supplemental balance sheet information related to leases is as follows:



	Classification	At December 31, 2019
Assets
Operating Leases
Right of use operating lease assets	Right of use operating lease assets	$	323,003
Finance Leases
Property, plant and equipment, gross	Property, plant and equipment	35,271
Accumulated depreciation	Accumulated depreciation	(5,664		)
Property, plant and equipment, net	Property, plant and equipment, net	29,607
Total lease assets		$	352,610

Liabilities
Operating Leases
Other current	Current operating lease liabilities	$	101,945
Non-current	Non-current operating lease liabilities	228,155
Total operating liabilities		330,100
Finance Leases
Short-term debt	Short-term debt and current portion of long-term debt	4,835
Long-term debt	Long-term debt, less current portion	25,214
Total finance liabilities		30,049
Total lease liabilities		$	360,149

Maturities of lease liabilities are as follows:

As of December 31, 2019



Year ending December 31,	Finance Leases		Operating Leases	Total
2020	$	5,355	119,745	125,100
2021	4,955		94,169	99,124
2022	4,612		66,090	70,702
2023	4,077		36,965	41,042
2024	2,894		20,118	23,012
Thereafter	10,884		26,105	36,989
Total lease payments	32,777		363,192	395,969
Less imputed interest	2,728		33,092
Present value, Total	$	30,049	330,100

As of December 31, 2018



Year ending December 31,	Finance Leases		Operating Leases	Total
2019	$	1,494	116,110	117,604
2020	1,195		93,724	94,919
2021	766		66,129	66,895
2022	562		42,247	42,809
2023	555		22,207	22,762
Thereafter	3,215		26,097	29,312
Total payments	7,787		366,514	374,301
Less amount representing interest	1,123
Present value of capitalized lease payments	$	6,664

Lease term and discount rate are as follows:



	At December 31, 2019
Weighted Average Remaining Lease Term
Operating Leases	4.27
Finance Leases	8.44

Weighted Average Discount Rate
Operating Leases	3.3	%
Finance Leases	1.4	%

Supplemental cash flow information related to leases was as follows:



	Twelve Months Ended
	December 31, 2019
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	127,213
Operating cash flows from finance leases	349
Financing cash flows from finance leases	3,975
Right-of-use assets obtained in exchange for lease obligations:
Operating Leases	133,959
Finance Leases	20,464
Amortization:
Amortization of Right of use operating lease assets ⁽¹⁾	109,884

⁽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.

Rental expense under fixed operating leases was $127,990, $143,513 and $145,176 in 2019, 2018 and 2017, respectively.

Stock-Based Compensation

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement, Noncash Expense [Abstract]

Stock-Based Compensation

The Company recognizes compensation expense for all share-based payments granted for the years ended December 31, 2019, 2018 and 2017 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.

Under the Company’s 2012 Incentive Plan (“2012 Plan”), the Company reserved up to a maximum of 3,200 shares of common stock for issuance upon the grant or exercise of stock options, restricted stock, restricted stock units (“RSUs”) and other types of awards, to directors and key employees through December 31, 2022. Option awards are granted with an exercise price equal to the market price of the Company’s common stock on the date of the grant and generally vest between three and five years with a 10-year contractual term. The grant date fair value of restricted stock and RSUs is equal to the market price of the Company’s common stock on the date of the grant and generally vest between three and five years.

On May 19, 2017, the Company’s stockholders approved the 2017 Long-Term Incentive Plan (“2017 Plan”), which allows the Company to reserve up to a maximum of 3,000 shares of common stock for issuance upon the grant or exercise of awards under the 2017 Plan. No additional awards may be granted under the 2012 Plan after May 19, 2017.

Stock Option Plans

Additional information relating to the Company’s stock option plans follows:



	2019		2018	2017
Options outstanding at beginning of year	63		63	91
Options exercised	—		—	(28	)
Options forfeited and expired	—		—	—
Options outstanding at end of year	63		63	63
Options exercisable at end of year	63		63	63
Option prices per share:
Options exercised during the year	$	—	—	57.34-66.14
Options forfeited and expired during the year	$	—	—	—
Options outstanding at end of year	57.34-66.14		57.34-66.14	57.34-66.14
Options exercisable at end of year	57.34-66.14		57.34-66.14	57.34-66.14

A summary of the Company’s options under it’s long-term incentive plans as of December 31, 2019, and changes during the year then ended is presented as follows:



	Shares	Weighted average exercise price		Weighted average remaining contractual term (years)	Aggregate intrinsic value
Options outstanding, December 31, 2018	63	$	62.86
Granted	—	—
Exercised	—	—
Forfeited and expired	—	—
Options outstanding, December 31, 2019	63	$	62.86	1.8	$	4,640
Vested and expected to vest as of December 31, 2019	63	$	62.86	1.8	$	4,640
Exercisable as of December 31, 2019	63	$	62.86	1.8	$	4,640

The Company has not granted options since the year ended December 31, 2012. The total intrinsic value of options exercised during the years ended December 31, 2019, 2018, and 2017 was $0, $0 and $5,005, respectively. Total compensation expense recognized for the years ended December 31, 2019, 2018 and 2017 was $0 ($0, net of tax), $0 ($0, net of tax) and $6 ($4, net of tax), respectively, which was allocated to selling, general and administrative expenses. The remaining unamortized expense for non-vested compensation expense as of December 31, 2019 was $0.

The following table summarizes information about the Company’s stock options outstanding as of December 31, 2019:



	Outstanding				Exercisable
Exercise price range	Number of shares	Average life	Average price		Number of shares	Average price
$57.34-$57.34	23	1.15	57.34		23	57.34
$66.14-$66.14	40	2.14	66.14		40	66.14
Total	63	1.77	$	62.86	63	$	62.86

Restricted Stock Plans

A summary of the Company’s RSUs under the Company’s long-term incentive plans as of December 31, 2019, and changes during the year then ended is presented as follows:



	Shares		Weighted average grant date fair value		Weighted average remaining contractual term (years)	Aggregate intrinsic value
Restricted Stock Units outstanding, December 31, 2018	446		$	166.56
Granted	187		137.30
Released	(230	)	152.00
Forfeited	(41	)	189.23
Restricted Stock Units outstanding, December 31, 2019	362		$	158.13	1.3	$	48,914
Expected to vest as of December 31, 2019	356				1.3	$	48,060

The Company recognized stock-based compensation costs related to the issuance of RSUs of $23,620 ($17,479, net of taxes), $31,382 ($24,436, net of taxes) and $36,316 ($22,037, net of taxes) for the years ended December 31, 2019, 2018 and 2017, respectively, which has been allocated to 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 December 31, 2019, and will be recognized as expense over a weighted-average period of approximately 1.67 years.

Additional information relating to the Company’s RSUs under the Company’s long-term incentive plans are as follows:



	2019		2018		2017
Restricted Stock Units outstanding, January 1	446		555		695
Granted	187		136		154
Released	(230	)	(235	)	(284	)
Forfeited	(41	)	(10	)	(10	)
Restricted Stock Units outstanding, December 31	362		446		555
Expected to vest as of December 31	356		440		546

During 2019, 2018 and 2017, a total of 1 shares were awarded each year to certain non-employee directors in lieu of cash for their annual retainers.

Other Expense (Income)

12 Months Ended

Dec. 31, 2019

Other Nonoperating Income (Expense) [Abstract]

Other Expense (Income)

Following is a summary of other expense (income):



	2019			2018		2017
Foreign currency losses	(7,190		)	9,613		8,395
Release of indemnification asset	(304		)	4,606		4,459
Impairment of net investment in a manufacturer and distributor of Ceramic tile in China⁽¹⁾	59,906			—		—
All other, net	(16,005		)	(6,921	)	(7,649	)
Total other expense (income)	$	36,407		7,298		5,205

⁽¹⁾ During 2019, 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 $59,906.

Income Taxes

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Income Taxes

Following is a summary of earnings before income taxes for United States and foreign operations:



	2019		2018	2017
United States	$	163,764	387,564	754,562
Foreign	585,781		661,637	563,295
Earnings before income taxes	$	749,545	1,049,201	1,317,857

Income tax expense (benefit) for the years ended December 31, 2019, 2018 and 2017 consists of the following:



	2019			2018	2017
Current income taxes:
U.S. federal	$	19,936		22,700	327,697
State and local	12,659			14,521	17,811
Foreign	80,221			58,669	73,248
Total current	112,816			95,890	418,756
Deferred income taxes:
U.S. federal	11,993			54,983	(17,419	)
State and local	15,371			19,076	(3,046	)
Foreign	(135,206		)	14,397	(55,126	)
Total deferred	(107,842		)	88,456	(75,591	)
Total	$	4,974		184,346	343,165

The geographic dispersion of earnings and losses contributes to the annual changes in the Company’s effective tax rates. Approximately 22% of the Company’s current year earnings before income taxes was generated in the United States at a combined federal and state effective tax rate that is higher than the Company’s overall effective tax rate. The Company is also subject to taxation in other jurisdictions where it has operations, including Australia, Belgium, Brazil, Bulgaria, France, Ireland, Italy, Luxembourg, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Russia, Spain, the U.K. and the Ukraine. The effective tax rates that the Company accrues in these jurisdictions vary widely, but they are generally lower than the Company’s overall effective tax rate. The Company’s domestic effective tax rates for the years ended December 31, 2019, 2018 and 2017 were 36.6%, 28.7%, and 43.1%, respectively, and its non-U.S. effective tax rates for the years ended December 31, 2019, 2018 and 2017 were (9.4)%, 11.0%, and 3.2%, respectively. The difference in rates applicable in foreign jurisdictions results from a number of factors, including lower statutory rates, historical loss carry-forwards, financing arrangements, and other factors. The Company’s effective tax rate has been and will continue to be impacted by the geographical dispersion of the Company’s earnings and losses. To the extent that domestic earnings increase while the foreign earnings remain flat or decrease, or increase at a lower rate, the Company’s effective tax rate will increase.

Income tax expense (benefit) attributable to earnings before income taxes differs from the amounts computed by applying the U.S. statutory federal income tax rate to earnings before income taxes as follows:



	2019			2018		2017
Income taxes at statutory rate	$	157,404		220,332		461,250
State and local income taxes, net of federal income tax benefit	22,185			22,315		10,133
Foreign income taxes^(a)	(17,276		)	(39,915	)	(113,520	)
Change in valuation allowance	(21,975		)	2,472		10,008
European Restructuring^(b)	(136,194		)	—		—
Manufacturing deduction	—			—		(11,911	)
2017 revaluation of deferred tax assets and liabilities ^(c)	—			—		(150,546	)
Transition Tax	—			28,201		105,165
Transition tax planning initiatives	—			(18,706	)	14,825
Tax contingencies and audit settlements, net	6,686			(31,874	)	23,097
Other, net	(5,856		)	1,521		(5,336	)
	$	4,974		184,346		343,165

(a) Foreign income taxes include statutory rate differences, financing arrangements, withholding taxes, local income taxes, notional deductions, and other miscellaneous items. The significant decrease in foreign income taxes for 2018 is primarily due to the impact of the U.S. statutory rate reduction from 35% to 21% as a result of the Tax Cuts and Jobs Act (“TCJA”) discussed below.

(b) The Company implemented select operational, administrative and financial restructurings that centralized certain business processes and intangible assets in various European jurisdictions into a new entity. The European Restructuring resulted in a current income tax liability of $148,240, calculated in part by measuring the fair value of intangible assets transferred. The Company offset the income tax liability with the utilization of $148,240 of deferred tax assets from accumulated net operating loss carry forwards. The European Restructuring also resulted in the Company recording a $136,194 deferred tax asset, and a corresponding deferred tax benefit, related to the tax basis of the intangible assets in the new entity.

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities as of December 31, 2019 and 2018 are presented below:



	2019			2018
Deferred tax assets:
Accounts receivable	$	7,063		8,312
Inventories	50,585			47,212
Employee benefits	36,068			37,335
Accrued expenses and other	67,638			71,621
Deductible state tax and interest benefit	3,665			2,904
Intangibles	146,953			16,134
Lease liabilities	86,717			—
Federal, foreign and state net operating losses and credits	376,375			575,625
Gross deferred tax assets	775,064			759,143
Valuation allowance	(232,196		)	(347,786	)
Net deferred tax assets	542,868			411,357
Deferred tax liabilities:
Inventories	(12,885		)	(18,332	)
Plant and equipment	(510,952		)	(477,734	)
Intangibles	(182,424		)	(181,436	)
Right of use assets	(83,271		)	—
Other liabilities	(24,220		)	(96,134	)
Gross deferred tax liabilities	(813,752		)	(773,636	)
Net deferred tax liability	$	(270,884	)	(362,279	)

The Company evaluates its ability to realize the tax benefits associated with deferred tax assets by analyzing its forecasted taxable income using both historic and projected future operating results, the reversal of existing temporary differences, taxable income in prior carry-back years (if permitted) and the availability of tax planning strategies. The valuation allowance as of December 31, 2019, and 2018 is $232,196 and $347,786, respectively. The valuation allowance as of December 31, 2019 relates to the net deferred tax assets of certain of the Company’s foreign subsidiaries as well as certain state net operating losses and tax credits. The total change in the 2019 valuation allowance was a decrease of $115,590 which includes $148,240 related to the tax liability resulting from the European Restructuring, with remaining $32,650 related to tax rate changes, foreign currency translation, and other activities. The total change in the 2018 valuation allowance was a decrease of $15,177, which includes $15,357 related to foreign currency translation.

Management believes it is more likely than not that the Company will realize the benefits of its deferred tax assets, net of valuation allowances, based upon the expected reversal of deferred tax liabilities and the level of historic and forecasted taxable income over periods in which the deferred tax assets are deductible.

As of December 31, 2019, the Company has state net operating loss carry forwards and state tax credits with potential tax benefits of $51,175, net of federal income tax benefit; these carry forwards expire over various periods based on taxing jurisdiction. A valuation allowance totaling $31,349 has been recorded against these state deferred tax assets as of December 31, 2019. In addition, as of December 31, 2019, the Company has credits and net operating loss carry forwards in various foreign jurisdictions with potential tax benefits of $1,549,745. A valuation allowance totaling $200,847 has been recorded against these deferred tax assets as of December 31, 2019. In 2018 the Company redeemed hybrid instruments in response to changes in global tax regimes. The changes were triggered by the EU’s Base Erosion and Profit Shifting “BEPS” and Anti-Tax Avoidance Directives “ATAD” I and II initiatives. As a result of the redemption, the Company recorded an ASC 740-10 liability of $1,224,545 for the full tax effected loss in the Tax Uncertainties section below. This ASC 740-10-45 liability is recorded as a reduction to the related deferred tax asset in the financial statements as a result of management’s determination that it is not more likely than not that the benefit will be realized.

Due to the passage of the Tax Cuts and Jobs Act (“TCJA”) on December 22, 2017, the Company was required to recognize U.S. federal and state taxes on the higher of its accumulated earnings as of November 2, 2017, or December 31, 2017. The TCJA imposed U.S. tax on all post-1986 foreign unrepatriated earnings accumulated through December 31, 2017. Accordingly, as of December 31, 2018, the Company recognized $133,366 of income tax expense on its foreign earnings. As of December 31, 2018, the Company has recognized net income tax expense on earnings of approximately $1,936,000. As of December 31, 2019, the Company has accrued an additional $6,000 of income tax expense on additional foreign earnings of approximately $177,000. Should these earnings be distributed in the form of dividends in the future, the Company might be subject to withholding taxes (possibly offset by U.S. foreign tax credits) in various foreign jurisdictions, but the Company would not expect incremental U.S. federal or state taxes to be accrued on these previously taxed earnings. Despite the new territorial tax regime created by the TCJA, Company continues to assert that earnings of its foreign subsidiaries are permanently reinvested.

Tax Uncertainties

In the normal course of business, the Company’s tax returns are subject to examination by various taxing authorities. Such examinations may result in future tax and interest assessments by these taxing jurisdictions. Accordingly, the Company accrues liabilities when it believes that it is not more likely than not that it will realize the benefits of tax positions that it has taken in its tax returns or for the amount of any tax benefit that exceeds the cumulative probability threshold in accordance with ASC 740-10. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company records interest and penalties related to unrecognized tax benefits in income tax expense (benefit). Differences between the estimated and actual amounts determined upon ultimate resolution, individually or in the aggregate, are not expected to have a material adverse effect on the Company’s consolidated financial position but could possibly be material to the Company’s consolidated results of operations or cash flow in any given quarter or annual period.

As of December 31, 2019, the Company’s gross amount of unrecognized tax benefits is $1,260,970, excluding interest and penalties. If the Company were to prevail on all uncertain tax positions, $29,420 of the unrecognized tax benefits would affect the Company’s effective tax rate, exclusive of any benefits related to interest and penalties.

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:



	2019			2018
Balance as of January 1	$	1,330,713		65,631
Additions based on tax positions related to the current year ^(a)	2,302			1,304,447
Additions for tax positions of acquired companies	2,094			1,413
Additions for tax positions of prior years	4,744			5,098
Transition tax planning initiatives	—			(27,470	)
Reductions resulting from the lapse of the statute of limitations	(2,729		)	(8,110	)
Reductions due to Luxembourg tax rate change	(46,841		)	—
Settlements with taxing authorities	(1,929		)	(9,773	)
Effects of foreign currency translation	(27,384		)	(523	)
Balance as of December 31	$	1,260,970		1,330,713

(a) 2018 includes tax effected loss of $1,298,737 on Luxembourg hybrid instruments redemptions. The tax effected loss was adjusted for tax rate and foreign currency translation changes in 2019, resulting in an updated balance of $1,224,545 as of December 31, 2019. This $1,224,545 of unrecognized benefit is presented as a reduction to the related deferred tax asset in the balance sheet.

The Company will continue to recognize interest and penalties related to unrecognized tax benefits as a component of its income tax provision. As of December 31, 2019 and 2018, the Company has $12,555 and $7,184, respectively, accrued for the payment of interest and penalties, excluding the federal tax benefit of interest deductions where applicable. During the years ended December 31, 2019, 2018 and 2017, the Company accrued interest and penalties through the consolidated statements of operations of $5,368, $(1,085) and $165, respectively.

The Company believes that its unrecognized tax benefits could decrease by $6,772 within the next twelve months. The Internal Revenue Service has completed its audit of the Company’s 2014 & 2015 tax years, therefore Federal income tax matters

related to years prior to 2016 has been effectively settled. Various other state and foreign income tax returns are open to examination for various years.

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.

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.

In January 2020, the Belgian tax authority set aside its tax assessments for the years 2011 through 2017, inclusively. These assessments were still in the administrative phase of the audit. At this time, the Company is uncertain what the Belgian tax authority intends to do with these years, if anything.

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.

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company had approximately $22,787 and $54,591 in standby letters of credit for various insurance contracts and commitments to foreign vendors as of December 31, 2019 and 2018, respectively that expire within two years. The Company is involved in litigation from time to time in the regular course of its business. Except as noted below and in Note 14, Income Taxes Belgian Tax Matter, there are no material legal proceedings pending or known by the Company to be contemplated to which the Company is a party or to which any of its property is subject. Perfluorinated Compounds (“PFCs”) Litigation In September 2016, the Water Works and Sewer Board of the City of Gadsden, Alabama (the “Gadsden Water Board”) filed an individual complaint in the Circuit Court of Etowah County, Alabama against certain manufacturers, suppliers, and users of chemicals containing specific PFCs, including the Company. In May 2017, the Water Works and Sewer Board of the Town of Centre, Alabama (the “Centre Water Board”) filed a similar complaint in the Circuit Court of Cherokee County, Alabama. The Gadsden Water Board and the Centre Water Board both seek monetary damages and injunctive relief claiming that their water supplies contain excessive amounts of PFCs. Certain defendants, including the Company, filed dispositive motions in each case arguing that the Alabama state courts lack personal jurisdiction over them. These motions were denied. In June and September 2018, certain defendants, including the Company, petitioned the Alabama Supreme Court for Writs of Mandamus directing each lower court to enter an order granting the defendants’ dispositive motions on personal jurisdiction grounds. The Alabama Supreme Court denied the petitions on December 20, 2019. Certain defendants, including the Company, filed an Application for Rehearing with the Alabama Supreme Court asking the Court to reconsider its December 2019 decision. In December 2019, the City of Rome, Georgia (“Rome”) filed a complaint in the Superior Court of Floyd County, Georgia that is similar to the Gadsden Water Board and Centre Water Board complaints, again seeking monetary damages and injunctive relief related to PFCs. Also in December 2019, Jarrod Johnson filed a putative class action in the Superior Court of Floyd County, Georgia purporting to represent all water subscribers with the Rome (Georgia) Water and Sewer Division and/or the Floyd County (Georgia) Water Department and seeking to recover, among other things, damages in the form of alleged increased rates and surcharges incurred by ratepayers for the costs associated with eliminating certain PFCs from their drinking water. In January 2020, defendant 3M Company removed the class action to federal court. The Company denies all liability in these matters and intends to defend them vigorously. Putative Securities Class Action The Company and certain of its present and former executive officers were named as defendants in a putative shareholder class action lawsuit filed in the United States District Court for the Northern District of Georgia. The complaint alleges that defendants violated the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by making materially false and misleading statements and that the officers are control persons under Section 20(a) of the Securities Exchange Act of 1934. The complaint is filed on behalf of shareholders who purchased shares of the Company’s common stock between April 28, 2017 and July 25, 2019. The Company believes the claims are frivolous and intends to defend them vigorously. Delaware State Court Action The Company and certain of its present and former executive officers were named as defendants in a putative state securities class action lawsuit filed in the Superior Court of the State of Delaware on January 30, 2020. The complaint alleges that defendants violated Sections 11 and 12 of the Securities Act of 1933. The complaint is filed on behalf of shareholders who purchased shares of the Company’s common stock in Mohawk Industries Retirement Plan 1 and Mohawk Industries Retirement Plan 2 between April 27, 2017 and July 25, 2019. The Company believes the claims are frivolous and intends to defend them vigorously. General The Company believes that adequate provisions for resolution of all contingencies, claims and pending litigation have been made for probable losses that are reasonably estimable. These contingencies are subject to significant uncertainties and we are unable to estimate the amount or range of loss, if any, in excess of amounts accrued. The Company does not believe that the ultimate outcome of these actions will have a material adverse effect on its financial condition but could have a material adverse effect on its results of operations, cash flows or liquidity in a given quarter or year. The Company is subject to various federal, state, local and foreign environmental health and safety laws and regulations, including those governing air emissions, wastewater discharges, the use, storage, treatment, recycling and disposal of solid and hazardous materials and finished product, and the cleanup of contamination associated therewith. Because of the nature of the Company’s business, the Company has incurred, and will continue to incur, costs relating to compliance with such laws and regulations. The Company is involved in various proceedings relating to environmental matters and is currently engaged in environmental investigation, remediation and post-closure care programs at certain sites. The Company has provided accruals for such activities that it has determined to be both probable and reasonably estimable. The Company does not expect that the ultimate liability with respect to such activities will have a material adverse effect on its financial condition but could have a material adverse effect on its results of operations, cash flows or liquidity in a given quarter or year.

Consolidated Statements of Cash Flows Information

12 Months Ended

Dec. 31, 2019

Supplemental Cash Flow Information [Abstract]

Consolidated Statements of Cash Flows Information

Supplemental disclosures of cash flow information are as follows:



	2019			2018		2017
Net cash paid (received) during the years for:
Interest	$	45,241		46,186		33,952
Income taxes	$	123,974		196,193		373,900

Supplemental schedule of non-cash investing and financing activities:
Additions to property, plant and equipment	$	6,387		(4,672	)	30,643

Fair value of net assets acquired in acquisition	$	107,290		831,760		369,956
Liabilities assumed in acquisition	(31,053		)	(257,515	)	(119,157	)
	$	76,237		574,245		250,799

Segment Reporting

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

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, quartz, porcelain slab countertops and other products, which it distributes primarily in North America, Europe, South America and Russia through its network of regional distribution centers and Company-operated service centers using company-operated trucks, common carriers or rail transportation. The segment’s product lines are sold through Company-operated service centers, independent distributors, home center retailers, tile and flooring retailers and contractors. The Flooring NA segment designs, manufactures, sources and markets its floor covering product lines, including carpets, rugs, carpet pad, hardwood, laminate and resilient (includes sheet vinyl and LVT), which it distributes through its network of regional distribution centers and satellite warehouses using company-operated trucks, common carrier or rail transportation. The segment’s product lines are sold through various selling channels, including independent floor covering retailers, distributors, home centers, mass merchandisers, department stores, shop at home, buying groups, commercial contractors and commercial end users. The Flooring ROW segment designs, manufactures, sources, licenses and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard (“MDF”), chipboards, other wood products, sheet vinyl and LVT, which it distributes primarily in Europe, Australia, New Zealand and Russia through various selling channels, which include retailers, independent distributors and home centers.

The accounting policies for each operating segment are consistent with the Company’s policies for the consolidated financial statements. Amounts disclosed for each segment are prior to any elimination or consolidation entries. Corporate general

and administrative expenses attributable to each segment are estimated and allocated accordingly. Segment performance is evaluated based on operating income. No single customer accounted for more than 10% of net sales for the years ended December 31, 2019, 2018 or 2017.

Segment information is as follows:



	2019		2018	2017
Assets:
Global Ceramic	$	5,419,896	5,194,030	4,838,310
Flooring NA	3,823,654		3,938,639	3,702,137
Flooring ROW	3,925,246		3,666,617	3,245,424
Corporate and intersegment eliminations	217,884		299,837	308,982
Total	$	13,386,680	13,099,123	12,094,853

Geographic net sales:
United States	$	5,822,593	6,103,789	6,035,200
Europe	2,532,239		2,582,692	2,363,069
Russia	385,395		349,220	326,075
Other	1,230,445		947,933	766,946
Total	$	9,970,672	9,983,634	9,491,290

Long-lived assets: ⁽¹⁾
United States	$	3,391,676	3,485,046	3,339,363
Belgium	1,645,104		1,663,470	1,705,947
Other	2,232,164		2,072,353	1,696,939
Total	$	7,268,944	7,220,869	6,742,249

Net sales by product categories:
Ceramic & Stone	$	3,686,645	3,621,193	3,485,245
Carpet & Resilient	3,921,769		3,903,698	3,655,902
Laminate & Wood	1,501,077		1,553,032	1,519,417
Other ⁽²⁾	861,181		905,711	830,726
Total	$	9,970,672	9,983,634	9,491,290

Net sales:
Global Ceramic	$	3,631,142	3,552,856	3,405,100
Flooring NA	3,843,714		4,029,148	4,010,858
Flooring ROW	2,495,816		2,401,630	2,075,452
Intersegment sales	—		—	(120	)
Total	$	9,970,672	9,983,634	9,491,290


⁽¹⁾	Long-lived assets are composed of property, plant and equipment - net, and goodwill.


⁽²⁾	Other includes roofing elements, insulation boards, chipboards and IP contracts.



	2019			2018		2017
Operating income:
Global Ceramic	$	340,058		442,898		525,401
Flooring NA	167,385			347,937		540,337
Flooring ROW	359,428			345,801		329,054
Corporate and intersegment eliminations	(39,647		)	(41,310	)	(40,619	)
Total	$	827,224		1,095,326		1,354,173

Depreciation and amortization:
Global Ceramic	$	211,679		189,904		161,913
Flooring NA	204,689			184,455		159,980
Flooring ROW	145,417			135,350		114,794
Corporate	14,667			12,056		9,985
Total	$	576,452		521,765		446,672

Capital expenditures (excluding acquisitions):
Global Ceramic	$	244,026		281,125		310,650
Flooring NA	148,820			262,676		355,941
Flooring ROW	147,118			232,949		221,763
Corporate	5,498			17,360		17,644
Total	$	545,462		794,110		905,998

Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

The supplemental quarterly financial data are as follows:



	Quarters Ended
	March 30, 2019		June 29, 2019	September 28, 2019	December 31, 2019
Net sales	$	2,442,490	2,584,485	2,519,185	2,424,512
Gross profit	624,927		736,618	691,691	622,807
Net earnings	121,585		202,441	155,518	264,667
Basic earnings per share	1.68		2.80	2.16	3.69
Diluted earnings per share	1.67		2.79	2.15	3.68



	Quarters Ended
	March 31, 2018		June 30, 2018	September 29, 2018	December 31, 2018
Net sales	$	2,412,202	2,577,014	2,545,800	2,448,618
Gross profit	704,692		766,555	720,433	646,390
Net earnings	208,766		196,586	227,013	229,339
Basic earnings per share	2.80		2.64	3.03	3.07
Diluted earnings per share	2.78		2.62	3.02	3.05

Summary of Significant Accounting Policies (Policy)	12 Months Ended
Summary of Significant Accounting Policies (Policy)	Dec. 31, 2019
Accounting Policies [Abstract]
Basis Of Presentation	Basis of Presentation Mohawk Industries, Inc. (“Mohawk” or the “Company”), a term which includes the Company and its subsidiaries, is a leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. The Company's vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs, ceramic tile, laminate, wood, stone, luxury vinyl tile (“LVT”) and sheet vinyl flooring. The consolidated financial statements include the accounts of the Company and its subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash And Cash Equivalents	Cash and Cash Equivalents The Company considers investments with an original maturity of three months or less when purchased to be cash equivalents.
Accounts Receivable and Revenue Recognition	Accounts Receivable and Revenue Recognition 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. The Company recognizes revenues when it satisfies performance obligations as evidenced by the transfer of control of the promised goods to customers, when the product is either shipped or received from the Company’s facilities, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods. 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.
Inventories	Inventories The Company accounts for all inventories on the first-in, first-out (“FIFO”) method. Inventories are stated at the lower of cost or net realizable value. Cost has been determined using the FIFO method. Costs included in inventory include raw materials, direct and indirect labor and employee benefits, depreciation, general manufacturing overhead and various other costs of manufacturing. Inventories on hand are compared against anticipated future usage, which is a function of historical usage, anticipated future selling price, expected sales below cost, excessive quantities and an evaluation for obsolescence.
Property, Plant And Equipment	Property, Plant and Equipment Property, plant and equipment are stated at cost, including capitalized interest. Depreciation is calculated on a straight-line basis over the estimated remaining useful lives, which are 15-40 years for buildings and improvements, 3-25 years for machinery and equipment, the shorter of the estimated useful life or lease term for leasehold improvements and 3-7 years for furniture and fixtures.
Accounting for Business Combinations	Accounting for Business Combinations The Company accounts for business combinations under the acquisition method of accounting which requires it to recognize separately from goodwill the assets acquired and the liabilities assumed at their acquisition date fair values. While the Company uses its best estimates and assumptions to accurately value assets acquired and liabilities assumed at the acquisition date as well as contingent consideration, where applicable, the estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the acquisition date, the Company records adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the Company’s consolidated statements of operations.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets In accordance with the provisions of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic (“ASC”) 350, Intangibles-Goodwill and Other, the Company tests goodwill and other intangible assets with indefinite lives for impairment on an annual basis on the first day of the fourth quarter (or on an interim basis if an event occurs that might reduce the fair value of the reporting unit below its carrying value). The Company considers the relationship between its market capitalization and its book value, among other factors, when reviewing for indicators of impairment. The goodwill impairment tests are based on determining the fair value of the specified reporting units based on management’s judgments and assumptions using the discounted cash flows and comparable company market valuation approaches. The Company has identified Global Ceramic, Flooring NA, and Flooring ROW as its reporting units for the purposes of allocating goodwill and intangibles as well as assessing impairments. The valuation approaches are subject to key judgments and assumptions that are sensitive to change such as judgments and assumptions about appropriate sales growth rates, operating margins, weighted average cost of capital (“WACC”), and comparable company market multiples. When developing these key judgments and assumptions, the Company considers economic, operational and market conditions that could impact the fair value of the reporting unit. However, estimates are inherently uncertain and represent only management’s reasonable expectations regarding future developments. These estimates and the judgments and assumptions upon which the estimates are based will, in all likelihood, differ in some respects from actual future results. Should a significant or prolonged deterioration in economic conditions occur, such as continued declines in spending for new construction, remodeling and replacement activities; the inability to pass increases in the costs of raw materials and fuel on to customers; or a decline in comparable company market multiples, then key judgments and assumptions could be impacted. The impairment evaluation for indefinite lived intangible assets, which for the Company are its trademarks, is conducted on the first day of the fourth quarter of each year, or more frequently if events or changes in circumstances indicate that an asset might be impaired. The first step of the impairment tests for indefinite lived intangible assets may be completed through an assessment of qualitative factors to determine the existence of events or circumstances that would indicate that it is not more likely than not that the fair value of these assets is less than their carrying amounts. If the qualitative assessment indicates it is not more likely than not that the fair value of these assets is less than their carrying amounts, a quantitative impairment test is not required. If a quantitative test is necessary, the Company estimates the fair value of the intangible asset and compares it to its carrying amount. If the carrying value of the intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess. The Company may also elect to bypass the qualitative assessment and perform a quantitative impairment test in any period. If the Company elects to perform a quantitative impairment test, it may resume the qualitative assessment in subsequent periods. The determination of fair value used in the impairment evaluation is based on discounted estimates of future sales projections attributable to ownership of the trademarks. Significant judgments inherent in this analysis include assumptions about appropriate sales growth rates, royalty rates, applicable discount rate and the amount of expected future cash flows. The judgments and assumptions used in the estimate of fair value are generally consistent with past performance and are also consistent with the projections and assumptions that are used in current operating plans. Such assumptions are subject to change as a result of changing economic and competitive conditions. The determination of fair value is highly sensitive to differences between estimated and actual cash flows and changes in the related discount rate used to evaluate the fair value of the trademarks. Estimated cash flows are sensitive to changes in the economy among other things. Intangible assets that do not have indefinite lives are amortized based on average lives, which range from 7-16 years.
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company records interest and penalties related to unrecognized tax benefits in income tax expense.
Financial Instruments	Financial Instruments The Company’s financial instruments consist primarily of receivables, accounts payable, accrued expenses and long-term debt. The carrying amounts of receivables, accounts payable and accrued expenses approximate their fair value because of the short-term maturity of such instruments. The Company formed a wholly-owned captive insurance company during 2017 that invests in the Company’s commercial paper. These short-term commercial paper investments are classified as trading securities and carried at fair value based upon level two fair value hierarchy. The carrying amount of the Company’s floating rate debt approximates its fair value based upon level two fair value hierarchy. Interest rates that are currently available to the Company for issuance of long-term debt with similar terms and remaining maturities are used to estimate the fair value of the Company’s long-term debt.
Advertising Costs and Vendor Consideration	Vendor consideration, generally cash, is classified as a reduction of net sales, unless specific criteria are met regarding goods or services that the Company may receive in return for this consideration. The Company makes various payments to customers, including rebates, slotting fees, advertising allowances, buy-downs and co-op advertising. All of these payments reduce gross sales with the exception of co-op advertising. Co-op advertising is classified as a selling, general and administrative expense. Advertising Costs and Vendor ConsiderationAdvertising and promotion expenses are charged to earnings during the period in which they are incurred.
Product Warranties	Product Warranties The Company warrants certain qualitative attributes of its flooring products. The Company has recorded a provision for estimated warranty and related costs, based on historical experience and periodically adjusts these provisions to reflect actual experience.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company reviews its long-lived asset groups, which include intangible assets subject to amortization, which for the Company are its patents and customer relationships, for impairment whenever events or changes in circumstances indicate that the carrying amount of such asset groups may not be recoverable. Recoverability of asset groups to be held and used is measured by a comparison of the carrying amount of long-lived assets to future undiscounted net cash flows expected to be generated by these asset groups. If such asset groups are considered to be impaired, the impairment recognized is the amount by which the carrying amount of the asset group exceeds the fair value of the asset group. Assets held for sale are reported at the lower of the carrying amount or fair value less estimated costs of disposal and are no longer depreciated.
Foreign Currency Translation	Foreign Currency Translation The Company’s subsidiaries that operate outside the United States use their local currency as the functional currency. The functional currency is translated into U.S. Dollars for balance sheet accounts using the month end rates in effect as of the balance sheet date and average exchange rate for revenue and expense accounts for each respective period. The translation adjustments are deferred as a separate component of stockholders’ equity, within accumulated other comprehensive income (loss). Gains or losses resulting from transactions denominated in foreign currencies are included in other income or expense, within the consolidated statements of operations.
Hedges of Net Investments in Non-U.S. Operations	Hedges of Net Investments in Non-U.S. Operations The Company has numerous investments outside the United States. The net assets of these subsidiaries are exposed to changes and volatility in currency exchange rates. The Company uses foreign currency denominated debt to hedge 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 years ended December 31, 2019, December 31, 2018 and December 31, 2017 the change in the U.S. dollar value of the Company’s euro denominated debt was a decrease of $12,049 ($9,153 net of taxes), a decrease of $27,948 ($20,376 net of taxes) and an increase of $74,112 ($46,320 net of taxes), respectively, which is recorded in the foreign currency translation adjustment component of accumulated other comprehensive income (loss). The increase in the U.S. dollar value of the Company’s debt partially offsets the euro-to-dollar translation of the Company’s net investment in its European operations.
Earnings Per Share ("EPS")	Earnings per Share (“EPS”) Basic net earnings per share (“EPS”) is calculated using net earnings available to common stockholders divided by the weighted-average number of shares of common stock outstanding during the year. Diluted EPS is similar to basic EPS except that the weighted-average number of shares is increased to include the number of additional common shares that would have been outstanding if the potentially dilutive common shares had been issued. Dilutive common stock options are included in the diluted EPS calculation using the treasury stock method. There were no common stock options and unvested restricted shares (units) that were excluded from the diluted EPS computation because the price was greater than the average market price of the common shares for the periods presented for 2019, 2018 and 2017.
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 ASC 718-10, “Stock Compensation”. Compensation expense is generally recognized on a straight-line basis over the awards’ estimated lives for fixed awards with ratable vesting provisions.
Employee Benefit Plans	Employee Benefit Plans The Company has a 401(k) retirement savings plan (the “Mohawk Plan”) open to substantially all U.S. and Puerto Rico based employees who have completed 60 days of eligible service. The Company contributes $.50 for every $1.00 of employee contributions up to a maximum of 6% of the employee’s salary based upon each individual participants election. Employee and employer contributions to the Mohawk Plan were $57,354 and $23,008 in 2019, $55,796 and $22,689 in 2018 and $53,544 and $22,039 in 2017, respectively. The Company also has various pension plans covering employees in Belgium, France, and the Netherlands (the “Non-U.S. Plans”) within the Flooring ROW segment. Benefits under the Non-U.S. Plans depend on compensation and years of service. The Non-U.S. Plans are funded in accordance with local regulations. The Company uses December 31 as the measurement date for its Non-U.S. Plans.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) includes foreign currency translation of assets and liabilities of foreign subsidiaries, effects of exchange rate changes on intercompany balances of a long-term nature and pensions. The Company does not provide income taxes on currency translation adjustments, as earnings from foreign subsidiaries are considered to be indefinitely reinvested. The Company presents currency translation adjustments on non-controlling interests separately from currency translation adjustments on controlling interests in accumulated other comprehensive income (loss) within stockholders’ equity.
Self-Insurance Reserves	Self-Insurance Reserves The Company is self-insured in the U.S. for various levels of general liability, auto liability, workers’ compensation and employee medical coverage. Insurance reserves are calculated on an undiscounted basis based on actual claim data and estimates of incurred but not reported claims developed utilizing historical claim trends. Projected settlements and incurred but not reported claims are estimated based on pending claims and historical trends and data. Though the Company does not expect them to do so, actual settlements and claims could differ materially from those estimated. Material differences in actual settlements and claims could have an adverse effect on the Company’s results of operations and financial condition. In the fourth quarter of 2017, the Company formed a wholly-owned captive insurance company, Mohawk Assurance Services, Inc. (“MAS”). MAS insures the retained portion of the Company’s U.S. workers’ compensation, automobile liability and general liability exposures. The Company funded MAS with an initial cash contribution of $16,876 as a contribution to equity and $67,391 as the net present value of premiums owed by the Company for the insurance provided by MAS. MAS began providing coverage to the Company as of December 22, 2017. MAS had investments of $42,500 and $53,000 in the Company’s commercial paper as of December 31, 2019 and 2018, respectively.
Fiscal Year	Fiscal Year The Company ends its fiscal year on December 31. Each of the first three quarters in the fiscal year ends on the Saturday nearest the calendar quarter end with a thirteen week fiscal quarter.
Recent Accounting Pronouncements	Recent Accounting Pronouncements - Effective in Future Years 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. In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes which simplified the accounting for income taxes in several areas by removing certain exceptions and by clarifying and amending existing guidance applicable to accounting for income taxes. The amendment is effective commencing in 2021 with early adoption permitted. The Company is currently evaluating the impact that the adoption of this accounting standards update will have on its consolidated financial statements. - Recently Adopted 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. The effect of adopting the new standard was not material. 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 the Company’s 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. The Company’s accounting for finance leases remained substantially unchanged. See Note 11, 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. 2017 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.

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Computations of Basic and Diluted Earnings (Loss) Per Share

Computations of basic and diluted earnings per share are presented in the following table:



	2019		2018		2017
Earnings attributable to Mohawk Industries, Inc.	$	744,211	861,704		971,638
Accretion of redeemable noncontrolling interest ^(a)	—		(3,892	)	(46	)
Net earnings available to common stockholders	$	744,211	857,812		971,592

Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding - basic	71,986		74,413		74,357
Add weighted-average dilutive potential common shares - options and RSUs to purchase common shares, net	278		360		482
Weighted-average common shares outstanding-diluted	72,264		74,773		74,839
Earnings per share attributable to Mohawk Industries, Inc.
Basic	$	10.34	11.53		13.07
Diluted	$	10.30	11.47		12.98

^(a) Represents the accretion of the Company’s redeemable noncontrolling interest to redemption value. The holder put this option to the Company on December 20, 2018 for $33,884

Changes in Accumulated Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss) by component, net of tax, for years ended December 31, 2019, 2018 and 2017 are as follows:



	Foreign currency translation adjustments			Pensions and post-retirement benefits		Total
Balance as of December 31, 2016	$	(825,354	)	(7,673	)	(833,027	)
Current period other comprehensive income (loss) before reclassifications	277,427			(2,927	)	274,500
Amounts reclassified from accumulated other comprehensive loss	—			—		—
Balance as of December 31, 2017	(547,927		)	(10,600	)	(558,527	)
Current period other comprehensive income (loss) before reclassifications	(234,175		)	1,094		(233,081	)
Amounts reclassified from accumulated other comprehensive income	—			—		—
Balance as of December 31, 2018	(782,102		)	(9,506	)	(791,608	)
Current period other comprehensive income (loss) before reclassifications	28,994			(3,210	)	25,784
Amounts reclassified from accumulated other comprehensive income (loss)	—			—		—
Balance as of December 31, 2019	$	(753,108	)	(12,716	)	(765,824	)

Revenue from Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Summary of Segment Revenues Disaggregated by Geography and Product Line



December 31, 2019	Global Ceramic segment		Flooring NA segment	Flooring ROW segment	Intersegment sales	Total
Geographical Markets
United States	$	2,131,029	3,688,691	2,873	—	5,822,593
Europe	711,762		6,922	1,813,555	—	2,532,239
Russia	269,142		66	116,187	—	385,395
Other	519,209		148,035	563,201	—	1,230,445
Total	$	3,631,142	3,843,714	2,495,816	—	9,970,672

Product Categories
Ceramic & Stone	$	3,631,142	55,503	—	—	3,686,645
Carpet & Resilient	—		3,136,474	785,295	—	3,921,769
Laminate & Wood	—		651,737	849,340	—	1,501,077
Other ⁽¹⁾	—		—	861,181	—	861,181
Total	$	3,631,142	3,843,714	2,495,816	—	9,970,672



December 31, 2018	Global Ceramic segment		Flooring NA segment	Flooring ROW segment	Intersegment sales	Total
Geographical Markets
United States	$	2,251,233	3,851,267	1,289	—	6,103,789
Europe	714,315		6,487	1,861,890	—	2,582,692
Russia	245,867		2	103,351	—	349,220
Other	341,441		171,392	435,100	—	947,933
Total	$	3,552,856	4,029,148	2,401,630	—	9,983,634

Product Categories
Ceramic & Stone	$	3,552,856	68,337	—	—	3,621,193
Carpet & Resilient	—		3,258,029	645,669	—	3,903,698
Laminate & Wood	—		702,782	850,250	—	1,553,032
Other ⁽¹⁾	—		—	905,711	—	905,711
Total	$	3,552,856	4,029,148	2,401,630	—	9,983,634



December 31, 2017	Global Ceramic segment		Flooring NA segment		Flooring ROW segment	Intersegment sales		Total
Geographical Markets
United States	$	2,223,998	3,809,211		2,111	(120	)	6,035,200
Europe	645,341		19,100		1,698,628	—		2,363,069
Russia	235,043		(1	)	91,033	—		326,075
Other	300,718		182,548		283,680	—		766,946
Total	$	3,405,100	4,010,858		2,075,452	(120	)	9,491,290

Product Categories
Ceramic & Stone	$	3,405,100	80,145		—	—		3,485,245
Carpet & Resilient	—		3,219,971		435,931	—		3,655,902
Laminate & Wood	—		710,742		808,675	—		1,519,417
Other ⁽¹⁾	—		—		830,846	(120	)	830,726
Total	$	3,405,100	4,010,858		2,075,452	(120	)	9,491,290

⁽¹⁾ Other includes roofing elements, insulation boards, chipboards and IP contracts.

Restructuring, Acquisition Transaction and Integration-Related Costs (Tables)

12 Months Ended

Dec. 31, 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 year ended December 31, 2019, 2018 and 2017, respectively (in thousands):



	2019		2018	2017
Cost of sales
Restructuring costs	$	84,844	43,733	33,109
Acquisition integration-related costs	3,458		3,330	2,916
Restructuring and integration-related costs	$	88,302	47,063	36,025

Selling, general and administrative expenses
Restructuring costs	$	5,497	15,259	3,976
Acquisition transaction-related costs	1,502		4,977	2,751
Acquisition integration-related costs	5,871		11,351	6,188
Restructuring, acquisition and integration-related costs	$	12,870	31,587	12,915

Schedule of Restructuring and Related Costs

The restructuring activity for the years ended December 31, 2019 and 2018, respectively is as follows (in thousands):



	Lease impairments			Asset write-downs		Severance		Other restructuring costs		Total
Balance as of December 31, 2017	$	359		—		584		152		1,095
Provision - Global Ceramic segment	528			1,131		7,113		337		9,109
Provision - Flooring NA segment	236			2,940		4,985		33,807		41,968
Provision - Flooring ROW segment	—			—		4,741		(104	)	4,637
Provision - Corporate	—			—		3,278		—		3,278
Cash payments	(726		)	—		(12,605	)	(30,385	)	(43,716	)
Non-cash items	—			(4,071	)	(230	)	(3,557	)	(7,858	)
Balance as of December 31, 2018	397			—		7,866		250		8,513
Provision - Global Ceramic segment	—			—		5,264		—		5,264
Provision - Flooring NA segment	—			37,820		2,617		33,975		74,412
Provision - Flooring ROW segment	—			3,936		4,615		2,099		10,650
Provision - Corporate	—			—		15		—		15
Cash payments	(376		)	—		(16,113	)	(19,165	)	(35,654	)
Non-cash items	—			(41,756	)	(142	)	(17,043	)	(58,941	)
Balance as of December 31, 2019	$	21		—		4,122		116		4,259

Receivables (Tables)

12 Months Ended

Dec. 31, 2019

Receivables [Abstract]

Net Components Of Receivables



	December 31, 2019		December 31, 2018
Customers, trade	$	1,491,592	1,562,284
Income tax receivable	8,428		17,217
Other	88,520		101,376
	1,588,540		1,680,877
Less allowance for discounts, returns, claims and doubtful accounts	61,921		74,718
Receivables, net	$	1,526,619	1,606,159

Allowances For Discounts, Returns, Claims And Doubtful Accounts

The following table reflects the activity of allowances for discounts, returns, claims and doubtful accounts for the years ended December 31:



	Balance at beginning of year		Acquisitions	Additions charged to net sales or costs and expenses	Deductions⁽¹⁾	Balance at end of year
2017	$	78,335	6,510	308,507	307,249	86,103
2018	86,103		4,240	317,716	333,341	74,718
2019	74,718		382	387,253	400,432	61,921

⁽¹⁾

Represents charge-offs, net of recoveries.

Inventories (Tables)

12 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Net components of inventories

The components of inventories are as follows:



	December 31, 2019		December 31, 2018
Finished goods	$	1,610,742	1,582,112
Work in process	144,639		165,616
Raw materials	526,947		539,887
Total inventories	$	2,282,328	2,287,615

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The following table summarizes the components of intangible assets:

Goodwill:



	Global Ceramic			Flooring NA		Flooring ROW		Total
Balances as of December 31, 2017
Goodwill	$	1,567,872		869,764		1,361,248		3,798,884
Accumulated impairments losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	1,035,942			526,710		908,807		2,471,459
Goodwill recognized during the year	19,821			4,434		95,483		119,738
Currency translation during the year	(22,706		)	—		(47,525	)	(70,231	)
Balances as of December 31, 2018
Goodwill	1,564,987			874,198		1,409,206		3,848,391
Accumulated impairments losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	1,033,057			531,144		956,765		2,520,966
Goodwill recognized during the year	13,197			—		49,619		62,816
Currency translation during the year	5,392			—		(19,147	)	(13,755	)
Balances as of December 31, 2019
Goodwill	1,583,576			874,198		1,439,678		3,897,452
Accumulated impairments losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	$	1,051,646		531,144		987,237		2,570,027

Schedule of indefinite life assets not subject to amortization



	Tradenames
Indefinite life assets not subject to amortization:
Balance as of December 31, 2017	$	644,208
Intangible assets acquired during the year	91,782
Currency translation during the year	(28,610		)
Balance as of December 31, 2018	707,380
Intangible assets acquired during the year⁽¹⁾	(874		)
Currency translation during the year	(3,774		)
Balance as of December 31, 2019	$	702,732

⁽¹⁾Includes adjustments on previously acquired intangible assets.

Schedule of intangible assets subject to amortization



	Customer relationships			Patents		Other		Total
Intangible assets subject to amortization:
Balances as of December 31, 2017	$	234,835		7,061		5,663		247,559
Intangible assets acquired during the year	47,361			—		7		47,368
Amortization during the year	(28,389		)	(2,272	)	(84	)	(30,745	)
Currency translation during the year	(9,179		)	(294	)	(279	)	(9,752	)
Balances as of December 31, 2018	244,628			4,495		5,307		254,430
Intangible assets acquired during the year	2,092			—		—		2,092
Amortization during the year	(25,527		)	(2,156	)	70		(27,613	)
Currency translation during the year	(2,752		)	(111	)	101		(2,762	)
Balances as of December 31, 2019	$	218,441		2,228		5,478		226,147



	December 31, 2019
	Cost		Acquisitions	Currency translation		Accumulated amortization	Net Value
Customer Relationships	$	651,014	2,092	(7,900	)	426,765	218,441
Patents	254,483		—	(5,383	)	246,872	2,228
Other	6,534		—	97		1,153	5,478
Total	$	912,031	2,092	(13,186	)	674,790	226,147



	December 31, 2018
	Cost		Acquisitions	Currency translation		Accumulated amortization	Net Value
Customer Relationships	$	625,263	47,361	(21,610	)	406,386	244,628
Patents	266,969		—	(12,486	)	249,988	4,495
Other	6,825		7	(298	)	1,227	5,307
Total	$	899,057	47,368	(34,394	)	657,601	254,430

Schedule of intangible assets amortization expense



	Years Ended December 31,
	2019		2018	2017
Amortization expense	$	27,613	30,745	34,279

Schedule of expected amortization expense

Estimated amortization expense for the years ending December 31 are as follows:



2020	$	27,847
2021	27,846
2022	25,866
2023	24,234
2024	23,511

Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Summary of property, plant and equipment

Following is a summary of property, plant and equipment:



	December 31, 2019		December 31, 2018
Land	$	469,837	407,780
Buildings and improvements	1,790,781		1,584,240
Machinery and equipment	5,602,474		5,334,060
Furniture and fixtures	163,017		230,644
Leasehold improvements	103,755		94,683
Construction in progress	366,144		575,667
	8,496,008		8,227,074
Less accumulated depreciation and amortization	3,797,091		3,527,172
Net property, plant and equipment	$	4,698,917	4,699,902

Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of carrying values and estimated fair values of debt instruments

The fair values and carrying values of the Company’s debt instruments are detailed as follows:



	At December 31, 2019					At December 31, 2018
	Fair Value			Carrying Value		Fair Value		Carrying Value
3.85% senior notes, payable February 1, 2023; interest payable semiannually	$	627,144		600,000		599,904		600,000
2.00% senior notes, payable January 14, 2022; interest payable annually	580,235			560,099		587,487		572,148
Floating Rate Notes, payable May 18, 2020, interest payable quarterly	336,066			336,059		343,004		343,289
Floating Rate Notes, payable September 11, 2019, interest payable quarterly	—			—		343,560		343,289
Floating rate notes, payable September 4, 2021, interest payable quarterly	335,965			336,059		—		—
U.S. commercial paper	317,000			317,000		632,668		632,668
European commercial paper	376,946			376,946		707,175		707,175
Five-year senior unsecured credit facility, due October 18, 2024	16,803			16,803		57,896		57,896
Finance leases and other	30,049			30,049		6,664		6,664
Unamortized debt issuance costs	(3,129		)	(3,129	)	(5,155	)	(5,155	)
Total debt	2,617,079			2,569,886		3,273,203		3,257,974
Less current portion of long-term debt and commercial paper	1,051,498			1,051,498		1,742,373		1,742,373
Long-term debt, less current portion	$	1,565,581		1,518,388		1,530,830		1,515,601

Schedule of maturities of long-term debt

The aggregate maturities of total debt as of December 31, 2019 are as follows⁽¹⁾:



2020	$	1,051,643
2021	340,555
2022	564,339
2023	603,770
2024	2,635
Thereafter	10,073
	$	2,573,015

⁽¹⁾ Debt maturity table excludes deferred loan costs.

Accounts Payable and Accrued Expenses (Tables)

12 Months Ended

Dec. 31, 2019

Payables and Accruals [Abstract]

Components of accounts payable and accrued expenses

Accounts payable and accrued expenses are as follows:



	December 31, 2019		December 31, 2018
Outstanding checks in excess of cash	$	9,924	14,624
Accounts payable, trade	824,956		811,879
Accrued expenses	461,035		430,431
Product warranties	49,184		47,511
Accrued interest	21,050		21,908
Accrued compensation and benefits	192,991		197,513
Total accounts payable and accrued expenses	$	1,559,140	1,523,866

Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases is as follows:



	Classification	At December 31, 2019
Assets
Operating Leases
Right of use operating lease assets	Right of use operating lease assets	$	323,003
Finance Leases
Property, plant and equipment, gross	Property, plant and equipment	35,271
Accumulated depreciation	Accumulated depreciation	(5,664		)
Property, plant and equipment, net	Property, plant and equipment, net	29,607
Total lease assets		$	352,610

Liabilities
Operating Leases
Other current	Current operating lease liabilities	$	101,945
Non-current	Non-current operating lease liabilities	228,155
Total operating liabilities		330,100
Finance Leases
Short-term debt	Short-term debt and current portion of long-term debt	4,835
Long-term debt	Long-term debt, less current portion	25,214
Total finance liabilities		30,049
Total lease liabilities		$	360,149

Maturity of Operating Lease Liabilities

Maturities of lease liabilities are as follows:

As of December 31, 2019



Year ending December 31,	Finance Leases		Operating Leases	Total
2020	$	5,355	119,745	125,100
2021	4,955		94,169	99,124
2022	4,612		66,090	70,702
2023	4,077		36,965	41,042
2024	2,894		20,118	23,012
Thereafter	10,884		26,105	36,989
Total lease payments	32,777		363,192	395,969
Less imputed interest	2,728		33,092
Present value, Total	$	30,049	330,100

Maturity of Finance Lease Liabilities

Maturities of lease liabilities are as follows:

As of December 31, 2019



Year ending December 31,	Finance Leases		Operating Leases	Total
2020	$	5,355	119,745	125,100
2021	4,955		94,169	99,124
2022	4,612		66,090	70,702
2023	4,077		36,965	41,042
2024	2,894		20,118	23,012
Thereafter	10,884		26,105	36,989
Total lease payments	32,777		363,192	395,969
Less imputed interest	2,728		33,092
Present value, Total	$	30,049	330,100

Maturity of Operating Leases

As of December 31, 2018



Year ending December 31,	Finance Leases		Operating Leases	Total
2019	$	1,494	116,110	117,604
2020	1,195		93,724	94,919
2021	766		66,129	66,895
2022	562		42,247	42,809
2023	555		22,207	22,762
Thereafter	3,215		26,097	29,312
Total payments	7,787		366,514	374,301
Less amount representing interest	1,123
Present value of capitalized lease payments	$	6,664

Maturity of Finance Leases

As of December 31, 2018



Year ending December 31,	Finance Leases		Operating Leases	Total
2019	$	1,494	116,110	117,604
2020	1,195		93,724	94,919
2021	766		66,129	66,895
2022	562		42,247	42,809
2023	555		22,207	22,762
Thereafter	3,215		26,097	29,312
Total payments	7,787		366,514	374,301
Less amount representing interest	1,123
Present value of capitalized lease payments	$	6,664

Components of Lease Expense

The components of lease costs are as follows:



	Twelve Months Ended December 31, 2019
	Cost of Goods Sold			Selling, General and Administrative		Total
Operating lease costs
Fixed	$	30,002		97,988		127,990
Short-term	9,725			13,933		23,658
Variable	8,123			29,852		37,975
Sub-leases	(311		)	(537	)	(848	)
	$	47,539		141,236		188,775


	Twelve Months Ended December 31, 2019
	Depreciation and Amortization			Interest		Total
Finance lease costs
Amortization of leased assets	$	4,015		—		4,015
Interest on lease liabilities	—			491		491
	$	4,015		491		4,506
Net lease costs						193,281

Lease term and discount rate are as follows:



	At December 31, 2019
Weighted Average Remaining Lease Term
Operating Leases	4.27
Finance Leases	8.44

Weighted Average Discount Rate
Operating Leases	3.3	%
Finance Leases	1.4	%

Supplemental Cash Flow Information

Supplemental cash flow information related to leases was as follows:



	Twelve Months Ended
	December 31, 2019
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	127,213
Operating cash flows from finance leases	349
Financing cash flows from finance leases	3,975
Right-of-use assets obtained in exchange for lease obligations:
Operating Leases	133,959
Finance Leases	20,464
Amortization:
Amortization of Right of use operating lease assets ⁽¹⁾	109,884

⁽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 (Tables)

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement, Noncash Expense [Abstract]

Schedule of stock option plans activity

Additional information relating to the Company’s stock option plans follows:



	2019		2018	2017
Options outstanding at beginning of year	63		63	91
Options exercised	—		—	(28	)
Options forfeited and expired	—		—	—
Options outstanding at end of year	63		63	63
Options exercisable at end of year	63		63	63
Option prices per share:
Options exercised during the year	$	—	—	57.34-66.14
Options forfeited and expired during the year	$	—	—	—
Options outstanding at end of year	57.34-66.14		57.34-66.14	57.34-66.14
Options exercisable at end of year	57.34-66.14		57.34-66.14	57.34-66.14

Summary of the stock options under the 2002, 2007 and 2012 plans

A summary of the Company’s options under it’s long-term incentive plans as of December 31, 2019, and changes during the year then ended is presented as follows:



	Shares	Weighted average exercise price		Weighted average remaining contractual term (years)	Aggregate intrinsic value
Options outstanding, December 31, 2018	63	$	62.86
Granted	—	—
Exercised	—	—
Forfeited and expired	—	—
Options outstanding, December 31, 2019	63	$	62.86	1.8	$	4,640
Vested and expected to vest as of December 31, 2019	63	$	62.86	1.8	$	4,640
Exercisable as of December 31, 2019	63	$	62.86	1.8	$	4,640

Summary of stock options outstanding

The following table summarizes information about the Company’s stock options outstanding as of December 31, 2019:



	Outstanding				Exercisable
Exercise price range	Number of shares	Average life	Average price		Number of shares	Average price
$57.34-$57.34	23	1.15	57.34		23	57.34
$66.14-$66.14	40	2.14	66.14		40	66.14
Total	63	1.77	$	62.86	63	$	62.86

Summary of RSUs under the 2007 and 2012 plans

A summary of the Company’s RSUs under the Company’s long-term incentive plans as of December 31, 2019, and changes during the year then ended is presented as follows:



	Shares		Weighted average grant date fair value		Weighted average remaining contractual term (years)	Aggregate intrinsic value
Restricted Stock Units outstanding, December 31, 2018	446		$	166.56
Granted	187		137.30
Released	(230	)	152.00
Forfeited	(41	)	189.23
Restricted Stock Units outstanding, December 31, 2019	362		$	158.13	1.3	$	48,914
Expected to vest as of December 31, 2019	356				1.3	$	48,060

Additional information for RSUs under the 2007 and 2012 plans

Additional information relating to the Company’s RSUs under the Company’s long-term incentive plans are as follows:



	2019		2018		2017
Restricted Stock Units outstanding, January 1	446		555		695
Granted	187		136		154
Released	(230	)	(235	)	(284	)
Forfeited	(41	)	(10	)	(10	)
Restricted Stock Units outstanding, December 31	362		446		555
Expected to vest as of December 31	356		440		546

Other Expense (Income) (Tables)

12 Months Ended

Dec. 31, 2019

Other Nonoperating Income (Expense) [Abstract]

Summary of other expense (income)

Following is a summary of other expense (income):



	2019			2018		2017
Foreign currency losses	(7,190		)	9,613		8,395
Release of indemnification asset	(304		)	4,606		4,459
Impairment of net investment in a manufacturer and distributor of Ceramic tile in China⁽¹⁾	59,906			—		—
All other, net	(16,005		)	(6,921	)	(7,649	)
Total other expense (income)	$	36,407		7,298		5,205

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Earnings (loss) from continuing operations before income taxes

Following is a summary of earnings before income taxes for United States and foreign operations:



	2019		2018	2017
United States	$	163,764	387,564	754,562
Foreign	585,781		661,637	563,295
Earnings before income taxes	$	749,545	1,049,201	1,317,857

Income tax expense (benefit)

Income tax expense (benefit) for the years ended December 31, 2019, 2018 and 2017 consists of the following:



	2019			2018	2017
Current income taxes:
U.S. federal	$	19,936		22,700	327,697
State and local	12,659			14,521	17,811
Foreign	80,221			58,669	73,248
Total current	112,816			95,890	418,756
Deferred income taxes:
U.S. federal	11,993			54,983	(17,419	)
State and local	15,371			19,076	(3,046	)
Foreign	(135,206		)	14,397	(55,126	)
Total deferred	(107,842		)	88,456	(75,591	)
Total	$	4,974		184,346	343,165

Reconciliation of income tax expense (benefit)



	2019			2018		2017
Income taxes at statutory rate	$	157,404		220,332		461,250
State and local income taxes, net of federal income tax benefit	22,185			22,315		10,133
Foreign income taxes^(a)	(17,276		)	(39,915	)	(113,520	)
Change in valuation allowance	(21,975		)	2,472		10,008
European Restructuring^(b)	(136,194		)	—		—
Manufacturing deduction	—			—		(11,911	)
2017 revaluation of deferred tax assets and liabilities ^(c)	—			—		(150,546	)
Transition Tax	—			28,201		105,165
Transition tax planning initiatives	—			(18,706	)	14,825
Tax contingencies and audit settlements, net	6,686			(31,874	)	23,097
Other, net	(5,856		)	1,521		(5,336	)
	$	4,974		184,346		343,165

Deferred tax assets and deferred tax liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities as of December 31, 2019 and 2018 are presented below:



	2019			2018
Deferred tax assets:
Accounts receivable	$	7,063		8,312
Inventories	50,585			47,212
Employee benefits	36,068			37,335
Accrued expenses and other	67,638			71,621
Deductible state tax and interest benefit	3,665			2,904
Intangibles	146,953			16,134
Lease liabilities	86,717			—
Federal, foreign and state net operating losses and credits	376,375			575,625
Gross deferred tax assets	775,064			759,143
Valuation allowance	(232,196		)	(347,786	)
Net deferred tax assets	542,868			411,357
Deferred tax liabilities:
Inventories	(12,885		)	(18,332	)
Plant and equipment	(510,952		)	(477,734	)
Intangibles	(182,424		)	(181,436	)
Right of use assets	(83,271		)	—
Other liabilities	(24,220		)	(96,134	)
Gross deferred tax liabilities	(813,752		)	(773,636	)
Net deferred tax liability	$	(270,884	)	(362,279	)

Reconciliation of unrecognized tax benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:



	2019			2018
Balance as of January 1	$	1,330,713		65,631
Additions based on tax positions related to the current year ^(a)	2,302			1,304,447
Additions for tax positions of acquired companies	2,094			1,413
Additions for tax positions of prior years	4,744			5,098
Transition tax planning initiatives	—			(27,470	)
Reductions resulting from the lapse of the statute of limitations	(2,729		)	(8,110	)
Reductions due to Luxembourg tax rate change	(46,841		)	—
Settlements with taxing authorities	(1,929		)	(9,773	)
Effects of foreign currency translation	(27,384		)	(523	)
Balance as of December 31	$	1,260,970		1,330,713

Consolidated Statements of Cash Flows Information (Tables)

12 Months Ended

Dec. 31, 2019

Supplemental Cash Flow Information [Abstract]

Schedule of supplemental disclosures of cash flow information

Supplemental disclosures of cash flow information are as follows:



	2019			2018		2017
Net cash paid (received) during the years for:
Interest	$	45,241		46,186		33,952
Income taxes	$	123,974		196,193		373,900

Supplemental schedule of non-cash investing and financing activities:
Additions to property, plant and equipment	$	6,387		(4,672	)	30,643

Fair value of net assets acquired in acquisition	$	107,290		831,760		369,956
Liabilities assumed in acquisition	(31,053		)	(257,515	)	(119,157	)
	$	76,237		574,245		250,799

Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Summary of segment information

Segment information is as follows:



	2019		2018	2017
Assets:
Global Ceramic	$	5,419,896	5,194,030	4,838,310
Flooring NA	3,823,654		3,938,639	3,702,137
Flooring ROW	3,925,246		3,666,617	3,245,424
Corporate and intersegment eliminations	217,884		299,837	308,982
Total	$	13,386,680	13,099,123	12,094,853

Geographic net sales:
United States	$	5,822,593	6,103,789	6,035,200
Europe	2,532,239		2,582,692	2,363,069
Russia	385,395		349,220	326,075
Other	1,230,445		947,933	766,946
Total	$	9,970,672	9,983,634	9,491,290

Long-lived assets: ⁽¹⁾
United States	$	3,391,676	3,485,046	3,339,363
Belgium	1,645,104		1,663,470	1,705,947
Other	2,232,164		2,072,353	1,696,939
Total	$	7,268,944	7,220,869	6,742,249

Net sales by product categories:
Ceramic & Stone	$	3,686,645	3,621,193	3,485,245
Carpet & Resilient	3,921,769		3,903,698	3,655,902
Laminate & Wood	1,501,077		1,553,032	1,519,417
Other ⁽²⁾	861,181		905,711	830,726
Total	$	9,970,672	9,983,634	9,491,290

Net sales:
Global Ceramic	$	3,631,142	3,552,856	3,405,100
Flooring NA	3,843,714		4,029,148	4,010,858
Flooring ROW	2,495,816		2,401,630	2,075,452
Intersegment sales	—		—	(120	)
Total	$	9,970,672	9,983,634	9,491,290


⁽¹⁾	Long-lived assets are composed of property, plant and equipment - net, and goodwill.


⁽²⁾	Other includes roofing elements, insulation boards, chipboards and IP contracts.



	2019			2018		2017
Operating income:
Global Ceramic	$	340,058		442,898		525,401
Flooring NA	167,385			347,937		540,337
Flooring ROW	359,428			345,801		329,054
Corporate and intersegment eliminations	(39,647		)	(41,310	)	(40,619	)
Total	$	827,224		1,095,326		1,354,173

Depreciation and amortization:
Global Ceramic	$	211,679		189,904		161,913
Flooring NA	204,689			184,455		159,980
Flooring ROW	145,417			135,350		114,794
Corporate	14,667			12,056		9,985
Total	$	576,452		521,765		446,672

Capital expenditures (excluding acquisitions):
Global Ceramic	$	244,026		281,125		310,650
Flooring NA	148,820			262,676		355,941
Flooring ROW	147,118			232,949		221,763
Corporate	5,498			17,360		17,644
Total	$	545,462		794,110		905,998

Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of supplemental quarterly financial data

The supplemental quarterly financial data are as follows:



	Quarters Ended
	March 30, 2019		June 29, 2019	September 28, 2019	December 31, 2019
Net sales	$	2,442,490	2,584,485	2,519,185	2,424,512
Gross profit	624,927		736,618	691,691	622,807
Net earnings	121,585		202,441	155,518	264,667
Basic earnings per share	1.68		2.80	2.16	3.69
Diluted earnings per share	1.67		2.79	2.15	3.68



	Quarters Ended
	March 31, 2018		June 30, 2018	September 29, 2018	December 31, 2018
Net sales	$	2,412,202	2,577,014	2,545,800	2,448,618
Gross profit	704,692		766,555	720,433	646,390
Net earnings	208,766		196,586	227,013	229,339
Basic earnings per share	2.80		2.64	3.03	3.07
Diluted earnings per share	2.78		2.62	3.02	3.05

Summary of Significant Accounting Policies (Narrative) (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2017 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Jan. 01, 2019 USD ($)	Jun. 09, 2015 EUR (€)
Significant Accounting Policies [Line Items]
Cash and cash equivalents		$ 134,785	$ 119,050
Advertising and promotion expenses		130,207	116,854	$ 119,560
Co-op advertising expenses		$ 11,418	13,332	10,891
Minimum eligible service period (days)		60 days
Employer matching contribution, percent of match		50.00%
Maximum percentage of employee salary company matches at disclosed ratio		6.00%
Employee contributions		$ 57,354	55,796	53,544
Employer contributions to employee benefit plan		23,008	22,689	22,039
Projected benefit obligation		73,510	63,569
Projected plan assets		60,040	54,315
Funded status of plan		13,470	9,254
Purchases of short-term investments		581,500	664,133	83,904
Right-of-use asset		323,003
Lease liability		330,100
Accumulated other comprehensive income (loss)
Significant Accounting Policies [Line Items]
Funded status of plan		8,303	5,092
Other noncurrent liabilities
Significant Accounting Policies [Line Items]
Funded status of plan		5,167	4,162
2.00% senior notes, payable January 14, 2022; interest payable annually
Significant Accounting Policies [Line Items]
Aggregate principal amount of debts \| €						€ 500,000,000
Interest rate percentage						2.00%
Change in U.S. dollar value of euro denominated debt		12,049	27,948	74,112
Change in U.S. dollar value of euro denominated debt, net of tax		$ 9,153	20,376	$ 46,320
Minimum
Significant Accounting Policies [Line Items]
Finite intangible assets useful life, minimum (years)		7 years
Minimum \| Buildings and improvements
Significant Accounting Policies [Line Items]
Estimated useful lives of property, plant and equipment, minimum (years)		15 years
Minimum \| Machinery and equipment
Significant Accounting Policies [Line Items]
Estimated useful lives of property, plant and equipment, minimum (years)		3 years
Minimum \| Furniture and fixtures
Significant Accounting Policies [Line Items]
Estimated useful lives of property, plant and equipment, minimum (years)		3 years
Maximum
Significant Accounting Policies [Line Items]
Finite intangible assets useful life, minimum (years)		16 years
Maximum \| Buildings and improvements
Significant Accounting Policies [Line Items]
Estimated useful lives of property, plant and equipment, minimum (years)		40 years
Maximum \| Machinery and equipment
Significant Accounting Policies [Line Items]
Estimated useful lives of property, plant and equipment, minimum (years)		25 years
Maximum \| Furniture and fixtures
Significant Accounting Policies [Line Items]
Estimated useful lives of property, plant and equipment, minimum (years)		7 years
Non-US
Significant Accounting Policies [Line Items]
Cash and cash equivalents		$ 110,033	88,100
Accounting Standards Update 2016-02
Significant Accounting Policies [Line Items]
Right-of-use asset					$ 328,169
Lease liability					$ 332,286
MAS
Significant Accounting Policies [Line Items]
Purchases of short-term investments		$ 42,500	$ 53,000
MAS \| Formation Of Wholly Owned Captive Insurance Company
Significant Accounting Policies [Line Items]
Initial cash contribution	$ 16,876
Contribution for net present value of insurance premiums	$ 67,391

Summary of Significant Accounting Policies (Computations Of Basic And Diluted Earnings (Loss) Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended								12 Months Ended
	Dec. 20, 2018	Dec. 31, 2019	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Dec. 31, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Earnings attributable to Mohawk Industries, Inc.		$ 264,667	$ 155,518	$ 202,441	$ 121,585	$ 229,339	$ 227,013	$ 196,586	$ 208,766	$ 744,211	$ 861,704	$ 971,638
Accretion of redeemable noncontrolling interest										0	(3,892)	(46)
Net earnings available to common stockholders										$ 744,211	$ 857,812	$ 971,592
Weighted-average common shares outstanding-basic (in shares)										71,986	74,413	74,357
Add weighted-average dilutive potential common shares - options and RSU’s to purchase common shares, net (in shares)										278	360	482
Weighted-average common shares outstanding-diluted (in shares)										72,264	74,773	74,839
Basic earnings per share (usd per share)		$ 3.69	$ 2.16	$ 2.80	$ 1.68	$ 3.07	$ 3.03	$ 2.64	$ 2.80	$ 10.34	$ 11.53	$ 13.07
Diluted earnings per share (usd per share)		$ 3.68	$ 2.15	$ 2.79	$ 1.67	$ 3.05	$ 3.02	$ 2.62	$ 2.78	$ 10.30	$ 11.47	$ 12.98
Put option of redeemable noncontrolling interest	$ 33,884										$ 0

Summary of Significant Accounting Policies (Schedule of Change in Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	$ 7,440,059	$ 7,067,009	$ 5,783,487
Ending balance	8,126,448	7,440,059	7,067,009
Foreign currency translation adjustments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(782,102)	(547,927)	(825,354)
Current period other comprehensive income (loss) before reclassifications	28,994	(234,175)	277,427
Amounts reclassified from accumulated other comprehensive loss	0	0	0
Ending balance	(753,108)	(782,102)	(547,927)
Pensions and post-retirement benefits
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(9,506)	(10,600)	(7,673)
Current period other comprehensive income (loss) before reclassifications	(3,210)	1,094	(2,927)
Amounts reclassified from accumulated other comprehensive loss	0	0	0
Ending balance	(12,716)	(9,506)	(10,600)
AOCI including portion attributable to noncontrolling interest
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(791,608)	(558,527)	(833,027)
Current period other comprehensive income (loss) before reclassifications	25,784	(233,081)	274,500
Amounts reclassified from accumulated other comprehensive loss	0	0	0
Ending balance	$ (765,824)	$ (791,608)	$ (558,527)

Acquisitions (Narrative) (Details) $ in Thousands				3 Months Ended			12 Months Ended
Acquisitions (Narrative) (Details) $ in Thousands	Nov. 16, 2018 USD ($)	Jul. 02, 2018 USD ($)	Apr. 04, 2017 USD ($)	Mar. 31, 2018 USD ($) business	Jul. 01, 2017 USD ($) business	Apr. 01, 2017 USD ($)	Dec. 31, 2019 USD ($) business	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)
Business Acquisition [Line Items]
Preliminary goodwill allocation							$ 2,570,027	$ 2,520,966	$ 2,471,459
Distribution Companies in the Netherlands and Czech Republic
Business Acquisition [Line Items]
Purchase agreement price							76,237
Preliminary goodwill allocation							$ 48,008
Eliane S/A Revestimentos Ceramicos
Business Acquisition [Line Items]
Purchase agreement price	$ 148,302
Preliminary goodwill allocation	33,019
Acquired indebtedness	99,037
Intangible assets subject to amortization	5,818
Godfrey Hirst Group
Business Acquisition [Line Items]
Purchase agreement price		$ 400,894
Preliminary goodwill allocation		88,655
Intangible assets subject to amortization		43,635
Emilceramica S.r.l
Business Acquisition [Line Items]
Purchase agreement price			$ 186,099
Preliminary goodwill allocation			59,491
Intangible assets subject to amortization			2,348
Tradenames \| Eliane S/A Revestimentos Ceramicos
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
Business Acquisition [Line Items]
Number of acquisitions \| business				3			2
Purchase agreement price				$ 24,610
Preliminary goodwill allocation				12,874
Intangible assets subject to amortization				$ 7
Flooring ROW \| Flooring ROW Acquisition
Business Acquisition [Line Items]
Purchase agreement price						$ 1,407
Intangible assets subject to amortization						$ 827
Global Ceramic \| Global Ceramic Acquisitions
Business Acquisition [Line Items]
Number of acquisitions \| business					2
Purchase agreement price					$ 37,250
Preliminary goodwill allocation					1,002
Flooring NA \| Flooring NA Acquisition
Business Acquisition [Line Items]
Purchase agreement price					$ 26,623

Revenue from Contracts with Customers (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Revenue from Contract with Customer [Abstract]
Contract liability	$ 34,959		$ 34,486
Capitalized contract cost	69,039	$ 57,840
Amortization of capitalized contract costs	$ 41,819
Capitalized contract costs, amortization period	1 year

Revenue from Contracts with Customers (Summary of Disaggregated Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Dec. 31, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Net sales	$ 2,424,512	$ 2,519,185	$ 2,584,485	$ 2,442,490	$ 2,448,618	$ 2,545,800	$ 2,577,014	$ 2,412,202	$ 9,970,672	$ 9,983,634	$ 9,491,290
Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales									3,686,645	3,621,193	3,485,245
Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales									3,921,769	3,903,698	3,655,902
Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales									1,501,077	1,553,032	1,519,417
Other
Disaggregation of Revenue [Line Items]
Net sales									861,181	905,711	830,726
United States
Disaggregation of Revenue [Line Items]
Net sales									5,822,593	6,103,789	6,035,200
Europe
Disaggregation of Revenue [Line Items]
Net sales									2,532,239	2,582,692	2,363,069
Russia
Disaggregation of Revenue [Line Items]
Net sales									385,395	349,220	326,075
Other
Disaggregation of Revenue [Line Items]
Net sales									1,230,445	947,933	766,946
Operating segments \| Global Ceramic segment
Disaggregation of Revenue [Line Items]
Net sales									3,631,142	3,552,856	3,405,100
Operating segments \| Global Ceramic segment \| Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales									3,631,142	3,552,856	3,405,100
Operating segments \| Global Ceramic segment \| Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales									0	0	0
Operating segments \| Global Ceramic segment \| Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales									0	0	0
Operating segments \| Global Ceramic segment \| Other
Disaggregation of Revenue [Line Items]
Net sales									0	0	0
Operating segments \| Global Ceramic segment \| United States
Disaggregation of Revenue [Line Items]
Net sales									2,131,029	2,251,233	2,223,998
Operating segments \| Global Ceramic segment \| Europe
Disaggregation of Revenue [Line Items]
Net sales									711,762	714,315	645,341
Operating segments \| Global Ceramic segment \| Russia
Disaggregation of Revenue [Line Items]
Net sales									269,142	245,867	235,043
Operating segments \| Global Ceramic segment \| Other
Disaggregation of Revenue [Line Items]
Net sales									519,209	341,441	300,718
Operating segments \| Flooring NA segment
Disaggregation of Revenue [Line Items]
Net sales									3,843,714	4,029,148	4,010,858
Operating segments \| Flooring NA segment \| Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales									55,503	68,337	80,145
Operating segments \| Flooring NA segment \| Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales									3,136,474	3,258,029	3,219,971
Operating segments \| Flooring NA segment \| Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales									651,737	702,782	710,742
Operating segments \| Flooring NA segment \| Other
Disaggregation of Revenue [Line Items]
Net sales									0	0	0
Operating segments \| Flooring NA segment \| United States
Disaggregation of Revenue [Line Items]
Net sales									3,688,691	3,851,267	3,809,211
Operating segments \| Flooring NA segment \| Europe
Disaggregation of Revenue [Line Items]
Net sales									6,922	6,487	19,100
Operating segments \| Flooring NA segment \| Russia
Disaggregation of Revenue [Line Items]
Net sales									66	2	(1)
Operating segments \| Flooring NA segment \| Other
Disaggregation of Revenue [Line Items]
Net sales									148,035	171,392	182,548
Operating segments \| Flooring ROW segment
Disaggregation of Revenue [Line Items]
Net sales									2,495,816	2,401,630	2,075,452
Operating segments \| Flooring ROW segment \| Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales									0	0	0
Operating segments \| Flooring ROW segment \| Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales									785,295	645,669	435,931
Operating segments \| Flooring ROW segment \| Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales									849,340	850,250	808,675
Operating segments \| Flooring ROW segment \| Other
Disaggregation of Revenue [Line Items]
Net sales									861,181	905,711	830,846
Operating segments \| Flooring ROW segment \| United States
Disaggregation of Revenue [Line Items]
Net sales									2,873	1,289	2,111
Operating segments \| Flooring ROW segment \| Europe
Disaggregation of Revenue [Line Items]
Net sales									1,813,555	1,861,890	1,698,628
Operating segments \| Flooring ROW segment \| Russia
Disaggregation of Revenue [Line Items]
Net sales									116,187	103,351	91,033
Operating segments \| Flooring ROW segment \| Other
Disaggregation of Revenue [Line Items]
Net sales									563,201	435,100	283,680
Intersegment sales
Disaggregation of Revenue [Line Items]
Net sales									0	0	(120)
Intersegment sales \| Ceramic & Stone
Disaggregation of Revenue [Line Items]
Net sales									0	0	0
Intersegment sales \| Carpet & Resilient
Disaggregation of Revenue [Line Items]
Net sales									0	0	0
Intersegment sales \| Laminate & Wood
Disaggregation of Revenue [Line Items]
Net sales									0	0	0
Intersegment sales \| Other
Disaggregation of Revenue [Line Items]
Net sales									0	0	(120)
Intersegment sales \| United States
Disaggregation of Revenue [Line Items]
Net sales									0	0	(120)
Intersegment sales \| Europe
Disaggregation of Revenue [Line Items]
Net sales									0	0	0
Intersegment sales \| Russia
Disaggregation of Revenue [Line Items]
Net sales									0	0	0
Intersegment sales \| Other
Disaggregation of Revenue [Line Items]
Net sales									$ 0	$ 0	$ 0

Restructuring, Acquisition Transaction and Integration-Related Costs (Related Costs by Type of Cost) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Restructuring Cost and Reserve [Line Items]
Restructuring	$ 90,341	$ 58,991	$ 37,085
Cost of sales
Restructuring Cost and Reserve [Line Items]
Restructuring	84,844	43,733	33,109
Acquisition integration-related costs	3,458	3,330	2,916
Restructuring, acquisition and integration-related costs	88,302	47,063	36,025
Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring	5,497	15,259	3,976
Acquisition transaction-related costs	1,502	4,977	2,751
Acquisition integration-related costs	5,871	11,351	6,188
Restructuring, acquisition and integration-related costs	$ 12,870	$ 31,587	$ 12,915

Restructuring, Acquisition Transaction and Integration-Related Costs (Related Costs Restructuring Reserve) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Restructuring Reserve [Roll Forward]
Beginning balance	$ 8,513	$ 1,095
Provision	90,341	58,991	$ 37,085
Cash payments	(35,654)	(43,716)
Non-cash items	(58,941)	(7,858)
Ending balance	4,259	8,513	1,095
Lease impairments
Restructuring Reserve [Roll Forward]
Beginning balance	397	359
Cash payments	(376)	(726)
Non-cash items	0	0
Ending balance	21	397	359
Asset write-downs
Restructuring Reserve [Roll Forward]
Beginning balance	0	0
Cash payments	0	0
Non-cash items	(41,756)	(4,071)
Ending balance	0	0	0
Severance
Restructuring Reserve [Roll Forward]
Beginning balance	7,866	584
Cash payments	(16,113)	(12,605)
Non-cash items	(142)	(230)
Ending balance	4,122	7,866	584
Other restructuring costs
Restructuring Reserve [Roll Forward]
Beginning balance	250	152
Cash payments	(19,165)	(30,385)
Non-cash items	(17,043)	(3,557)
Ending balance	116	250	$ 152
Corporate
Restructuring Reserve [Roll Forward]
Provision	15	3,278
Corporate \| Lease impairments
Restructuring Reserve [Roll Forward]
Provision	0	0
Corporate \| Asset write-downs
Restructuring Reserve [Roll Forward]
Provision	0	0
Corporate \| Severance
Restructuring Reserve [Roll Forward]
Provision	15	3,278
Corporate \| Other restructuring costs
Restructuring Reserve [Roll Forward]
Provision	0	0
Operating segments \| Global Ceramic
Restructuring Reserve [Roll Forward]
Provision	5,264	9,109
Operating segments \| Global Ceramic \| Lease impairments
Restructuring Reserve [Roll Forward]
Provision	0	528
Operating segments \| Global Ceramic \| Asset write-downs
Restructuring Reserve [Roll Forward]
Provision	0	1,131
Operating segments \| Global Ceramic \| Severance
Restructuring Reserve [Roll Forward]
Provision	5,264	7,113
Operating segments \| Global Ceramic \| Other restructuring costs
Restructuring Reserve [Roll Forward]
Provision	0	337
Operating segments \| Flooring NA
Restructuring Reserve [Roll Forward]
Provision	74,412	41,968
Operating segments \| Flooring NA \| Lease impairments
Restructuring Reserve [Roll Forward]
Provision	0	236
Operating segments \| Flooring NA \| Asset write-downs
Restructuring Reserve [Roll Forward]
Provision	37,820	2,940
Operating segments \| Flooring NA \| Severance
Restructuring Reserve [Roll Forward]
Provision	2,617	4,985
Operating segments \| Flooring NA \| Other restructuring costs
Restructuring Reserve [Roll Forward]
Provision	33,975	33,807
Operating segments \| Flooring ROW
Restructuring Reserve [Roll Forward]
Provision	10,650	4,637
Operating segments \| Flooring ROW \| Lease impairments
Restructuring Reserve [Roll Forward]
Provision	0	0
Operating segments \| Flooring ROW \| Asset write-downs
Restructuring Reserve [Roll Forward]
Provision	3,936	0
Operating segments \| Flooring ROW \| Severance
Restructuring Reserve [Roll Forward]
Provision	4,615	4,741
Operating segments \| Flooring ROW \| Other restructuring costs
Restructuring Reserve [Roll Forward]
Provision	$ 2,099	$ (104)

Receivables (Net Components Of Receivables) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Receivables [Abstract]
Customers, trade	$ 1,491,592	$ 1,562,284
Income tax receivable	8,428	17,217
Other	88,520	101,376
Receivables, gross	1,588,540	1,680,877
Less allowance for discounts, returns, claims and doubtful accounts	61,921	74,718
Receivables, net	$ 1,526,619	$ 1,606,159

Receivables (Allowances For Discounts, Returns, Claims And Doubtful Accounts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of year	$ 74,718	$ 86,103	$ 78,335
Acquisitions	382	4,240	6,510
Additions charged to net sales or costs and expenses	387,253	317,716	308,507
Deductions	400,432	333,341	307,249
Balance at end of year	$ 61,921	$ 74,718	$ 86,103

Inventories (Net components of inventories) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Finished goods	$ 1,610,742	$ 1,582,112
Work in process	144,639	165,616
Raw materials	526,947	539,887
Total inventories	$ 2,282,328	$ 2,287,615

Goodwill and Other Intangible Assets (Schedule of goodwill) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Goodwill [Line Items]
Goodwill, impairment loss	$ 0
Goodwill [Roll Forward]
Goodwill, beginning balance	3,848,391,000	$ 3,798,884,000
Accumulated impairments losses, beginning balance	(1,327,425,000)	(1,327,425,000)
Goodwill	2,570,027,000	2,520,966,000		$ 2,471,459,000
Goodwill recognized during the year	62,816,000	119,738,000
Currency translation during the year	(13,755,000)	(70,231,000)
Goodwill, ending balance	3,897,452,000	3,848,391,000
Accumulated impairments losses, ending balance	(1,327,425,000)	(1,327,425,000)
Goodwill, net, ending balance	2,570,027,000	2,520,966,000		2,471,459,000
Global Ceramic
Goodwill [Roll Forward]
Goodwill recognized during the year	13,197,000
Currency translation during the year	5,392,000
Flooring NA
Goodwill [Roll Forward]
Goodwill recognized during the year	0
Currency translation during the year	0
Flooring ROW
Goodwill [Roll Forward]
Goodwill			$ 12,874,000
Goodwill recognized during the year	49,619,000
Currency translation during the year	(19,147,000)
Goodwill, net, ending balance			$ 12,874,000
Operating segments \| Global Ceramic
Goodwill [Roll Forward]
Goodwill, beginning balance	1,564,987,000	1,567,872,000
Accumulated impairments losses, beginning balance	(531,930,000)	(531,930,000)
Goodwill	1,051,646,000	1,033,057,000		1,035,942,000
Goodwill recognized during the year		19,821,000
Currency translation during the year		(22,706,000)
Goodwill, ending balance	1,583,576,000	1,564,987,000
Accumulated impairments losses, ending balance	(531,930,000)	(531,930,000)
Goodwill, net, ending balance	1,051,646,000	1,033,057,000		1,035,942,000
Operating segments \| Flooring NA
Goodwill [Roll Forward]
Goodwill, beginning balance	874,198,000	869,764,000
Accumulated impairments losses, beginning balance	(343,054,000)	(343,054,000)
Goodwill	531,144,000	531,144,000		526,710,000
Goodwill recognized during the year		4,434,000
Currency translation during the year		0
Goodwill, ending balance	874,198,000	874,198,000
Accumulated impairments losses, ending balance	(343,054,000)	(343,054,000)
Goodwill, net, ending balance	531,144,000	531,144,000		526,710,000
Operating segments \| Flooring ROW
Goodwill [Roll Forward]
Goodwill, beginning balance	1,409,206,000	1,361,248,000
Accumulated impairments losses, beginning balance	(452,441,000)	(452,441,000)
Goodwill	987,237,000	956,765,000		908,807,000
Goodwill recognized during the year		95,483,000
Currency translation during the year		(47,525,000)
Goodwill, ending balance	1,439,678,000	1,409,206,000
Accumulated impairments losses, ending balance	(452,441,000)	(452,441,000)
Goodwill, net, ending balance	$ 987,237,000	$ 956,765,000		$ 908,807,000

Goodwill and Other Intangible Assets (Schedule of indefinite life assets not subject to amortization) (Details) - Tradenames - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Indefinite-lived Intangible Assets [Roll Forward]
Indefinite life assets not subject to amortization, beginning balance	$ 707,380	$ 644,208
Intangible assets acquired during the year(1)		91,782
Currency translation during the year	(3,774)	(28,610)
Intangible assets acquired during the year	(874)
Indefinite life assets not subject to amortization, ending balance	$ 702,732	$ 707,380

Goodwill and Other Intangible Assets (Schedule of intangible assets subject to amortization) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance	$ 254,430	$ 247,559
Intangible assets acquired during the year	2,092	47,368
Amortization during the year	(27,613)	(30,745)	$ (34,279)
Currency translation during the year	(2,762)	(9,752)
Intangible assets subject to amortization, ending balance	226,147	254,430	247,559
Customer relationships
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance	244,628	234,835
Intangible assets acquired during the year	2,092	47,361
Amortization during the year	(25,527)	(28,389)
Currency translation during the year	(2,752)	(9,179)
Intangible assets subject to amortization, ending balance	218,441	244,628	234,835
Patents
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance	4,495	7,061
Intangible assets acquired during the year	0	0
Amortization during the year	(2,156)	(2,272)
Currency translation during the year	(111)	(294)
Intangible assets subject to amortization, ending balance	2,228	4,495	7,061
Other
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance	5,307	5,663
Intangible assets acquired during the year	0	7
Amortization during the year	70	(84)
Currency translation during the year	101	(279)
Intangible assets subject to amortization, ending balance	$ 5,478	$ 5,307	$ 5,663

Goodwill and Other Intangible Assets (Net intangible assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Intangible Assets, Net:
Cost	$ 912,031	$ 899,057
Acquisitions	2,092	47,368
Currency translation	(13,186)	(34,394)
Accumulated amortization	674,790	657,601
Net Value	226,147	254,430	$ 247,559
Customer relationships
Intangible Assets, Net:
Cost	651,014	625,263
Acquisitions	2,092	47,361
Currency translation	(7,900)	(21,610)
Accumulated amortization	426,765	406,386
Net Value	218,441	244,628	234,835
Patents
Intangible Assets, Net:
Cost	254,483	266,969
Acquisitions	0	0
Currency translation	(5,383)	(12,486)
Accumulated amortization	246,872	249,988
Net Value	2,228	4,495	$ 7,061
Other
Intangible Assets, Net:
Cost	6,534	6,825
Acquisitions	0	7
Currency translation	97	(298)
Accumulated amortization	1,153	1,227
Net Value	$ 5,478	$ 5,307

Goodwill and Other Intangible Assets (Schedule of intangible assets amortization expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 27,613	$ 30,745	$ 34,279

Goodwill and Other Intangible Assets (Schedule of estimated amortization expense) (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2020	$ 27,847
2021	27,846
2022	25,866
2023	24,234
2024	$ 23,511

Property, Plant and Equipment (Summary Of Property, Plant And Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	$ 8,496,008	$ 8,227,074
Less accumulated depreciation and amortization	3,797,091	3,527,172
Net property, plant and equipment	4,698,917	4,699,902
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	469,837	407,780
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	1,790,781	1,584,240
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	5,602,474	5,334,060
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	163,017	230,644
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	103,755	94,683
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	$ 366,144	$ 575,667

Property, Plant and Equipment (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Capitalized interest included in property, plant and equipment	$ 7,214	$ 10,684	$ 8,543
Depreciation expense	544,733	487,411	$ 408,646
Finance leases	35,271	7,106
Accumulated depreciation of finance leases	$ 5,664	$ 2,333

Long-Term Debt (Senior Credit Facility) (Details)			12 Months Ended
Long-Term Debt (Senior Credit Facility) (Details)	Oct. 18, 2019 USD ($)	Sep. 11, 2014 USD ($)	Dec. 31, 2019 USD ($)	Dec. 19, 2012 USD ($)
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility		$ 500,000		$ 300,000
Basis spread on debt instrument		0.70%
Commitment fee percentage		0.30%
Senior Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility	$ 1,800,000,000
Commitment fee percentage			0.11%
Maximum permitted consolidated net leverage ratio	4.00
Unamortized financing costs	$ 3,405,000
Utilized borrowings under credit facility			$ 733,536,000
Available amount under credit facility			1,066,464,000
Senior Credit Facility \| Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage	0.09%
Consolidated interest coverage ratio	3.0
Senior Credit Facility \| Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage	0.20%
Consolidated net leverage ratio	3.75
Senior Credit Facility \| Borrowings
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility			16,803,000
Senior Credit Facility \| Standby letters of credit related to various insurance contracts and foreign vendor commitments
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility			$ 22,787,000
Senior Credit Facility \| London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Basis spread on debt instrument			1.125%
Senior Credit Facility \| London Interbank Offered Rate (LIBOR) \| Minimum
Line of Credit Facility [Line Items]
Basis spread on debt instrument	1.00%
Senior Credit Facility \| London Interbank Offered Rate (LIBOR) \| Maximum
Line of Credit Facility [Line Items]
Basis spread on debt instrument	1.75%
Senior Credit Facility \| Federal Funds Effective Swap Rate
Line of Credit Facility [Line Items]
Basis spread on debt instrument	0.50%
Senior Credit Facility \| Monthly LIBOR
Line of Credit Facility [Line Items]
Basis spread on debt instrument	1.00%		0.125%
Senior Credit Facility \| Monthly LIBOR \| Minimum
Line of Credit Facility [Line Items]
Basis spread on debt instrument	0.00%
Senior Credit Facility \| Monthly LIBOR \| Maximum
Line of Credit Facility [Line Items]
Basis spread on debt instrument	0.75%
2019 Senior Secured Credit Facility Amendment
Line of Credit Facility [Line Items]
Unamortized financing costs			$ 2,264,000
Commercial Paper
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility			$ 693,946,000

Long-Term Debt (Commercial Paper) (Details) - USD ($)				9 Months Ended	12 Months Ended
Long-Term Debt (Commercial Paper) (Details) - USD ($)	Jul. 31, 2015	Feb. 28, 2014	Dec. 19, 2012	Sep. 28, 2019	Dec. 31, 2019	Oct. 18, 2019	Dec. 31, 2018	Sep. 11, 2014
Line of Credit Facility [Line Items]
Maturity period of debt			3 years
Maximum borrowing capacity under credit facility			$ 300,000					$ 500,000
United States \| Commercial Paper
Line of Credit Facility [Line Items]
Maturity period of debt					21 days
Maximum borrowing capacity under credit facility						$ 1,800,000,000
Weighted average interest rate on debt					2.03%
United States \| Maximum \| Commercial Paper
Line of Credit Facility [Line Items]
Maturity period of debt		397 days
Europe \| Commercial Paper
Line of Credit Facility [Line Items]
Maturity period of debt	183 days			24 days 12 hours
Weighted average interest rate on debt					(0.24%)
Carrying Value \| United States
Line of Credit Facility [Line Items]
Commercial paper					$ 317,000,000		$ 632,668,000
Carrying Value \| Europe
Line of Credit Facility [Line Items]
Commercial paper					$ 376,946,000		$ 707,175,000

Long-Term Debt (Senior Notes) (Details)							12 Months Ended
Long-Term Debt (Senior Notes) (Details)	Sep. 04, 2019 USD ($)	May 18, 2018 USD ($)	Sep. 11, 2017 USD ($)	Jun. 09, 2015 USD ($)	Sep. 11, 2014	Jan. 31, 2013 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Sep. 04, 2019 EUR (€)	May 18, 2018 EUR (€)	Sep. 11, 2017 EUR (€)	Jun. 09, 2015 EUR (€)
Debt Instrument [Line Items]
Basis spread on debt instrument					0.70%
Debt issuance costs							$ 3,028,000	$ 890,000	$ 1,478,000
Floating Rate Notes Due September Four Twenty Twenty One
Debt Instrument [Line Items]
Aggregate principal amount of debts \| €										€ 300,000,000
Issuance premium received \| €										€ 744,000
Debt issuance costs	$ 754,000
3.85% senior notes, payable February 1, 2023; interest payable semiannually
Debt Instrument [Line Items]
Aggregate principal amount of debts						$ 600,000,000
Debt issuance costs						$ 6,000,000
Interest rate percentage						3.85%
Floating Rate Notes, payable May 18, 2020; interest payable quarterly
Debt Instrument [Line Items]
Aggregate principal amount of debts \| €											€ 300,000,000
Debt issuance costs		$ 890,000
2.00% senior notes, payable January 14, 2022; interest payable annually
Debt Instrument [Line Items]
Aggregate principal amount of debts \| €													€ 500,000,000
Debt issuance costs				$ 4,218,000
Interest rate percentage													2.00%
Floating Rate Notes, payable September 11, 2019, interest payable quarterly
Debt Instrument [Line Items]
Aggregate principal amount of debts \| €												€ 300,000,000
Debt issuance costs			$ 911,000
Euro Interbank Offered Rate (EURIBOR) \| Floating Rate Notes Due September Four Twenty Twenty One
Debt Instrument [Line Items]
Basis spread on debt instrument	0.20%
Euro Interbank Offered Rate (EURIBOR) \| Floating Rate Notes, payable May 18, 2020; interest payable quarterly
Debt Instrument [Line Items]
Basis spread on debt instrument		0.30%
Euro Interbank Offered Rate (EURIBOR) \| Floating Rate Notes, payable September 11, 2019, interest payable quarterly
Debt Instrument [Line Items]
Basis spread on debt instrument			0.30%

Long-Term Debt (Accounts Receivable Securitization) (Details) - USD ($)	Dec. 10, 2015	Sep. 11, 2014	Dec. 19, 2012
Debt Disclosure [Abstract]
Securitization agreement, maximum borrowing capacity		$ 500,000	$ 300,000
Basis spread on securitization agreement		0.70%
Commitment fee percentage		0.30%
Payments of financing costs	$ 250,000

Long-Term Debt (Fair Value and Carrying Value of Debt Instruments) (Details) - USD ($) $ in Thousands	Sep. 25, 2013	Dec. 31, 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		$ 1,051,498	$ 1,742,373
Long-term debt, less current portion		2,573,015
Senior Secured Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term of line of credit	5 years
3.85% senior notes, payable February 1, 2023; interest payable semiannually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate percentage					3.85%
2.00% senior notes, payable January 14, 2022; interest payable annually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate percentage				2.00%
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Finance leases and other		30,049	6,664
Unamortized debt issuance costs		(3,129)	(5,155)
Total debt		2,617,079	3,273,203
Less current portion of long term debt and commercial paper		1,051,498	1,742,373
Long-term debt, less current portion		1,565,581	1,530,830
Fair Value \| 3.85% senior notes, payable February 1, 2023; interest payable semiannually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		627,144	599,904
Fair Value \| 2.00% senior notes, payable January 14, 2022; interest payable annually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		580,235	587,487
Fair Value \| Floating Rate Notes, payable May 18, 2020; interest payable quarterly
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		336,066	343,004
Fair Value \| Floating Rate Notes, payable September 11, 2019, interest payable quarterly
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		0	343,560
Fair Value \| Floating rate notes, payable September 4, 2021, interest payable quarterly
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		335,965	0
Fair Value \| Five-year senior unsecured credit facility, due October 18, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		16,803	57,896
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Finance leases and other		30,049	6,664
Unamortized debt issuance costs		(3,129)	(5,155)
Total debt		2,569,886	3,257,974
Less current portion of long term debt and commercial paper		1,051,498	1,742,373
Long-term debt, less current portion		1,518,388	1,515,601
Carrying Value \| 3.85% senior notes, payable February 1, 2023; interest payable semiannually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		600,000	600,000
Carrying Value \| 2.00% senior notes, payable January 14, 2022; interest payable annually
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		560,099	572,148
Carrying Value \| Floating Rate Notes, payable May 18, 2020; interest payable quarterly
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		336,059	343,289
Carrying Value \| Floating Rate Notes, payable September 11, 2019, interest payable quarterly
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		0	343,289
Carrying Value \| Floating rate notes, payable September 4, 2021, interest payable quarterly
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		336,059	0
Carrying Value \| Five-year senior unsecured credit facility, due October 18, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable		16,803	57,896
United States \| Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper		317,000	632,668
United States \| Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper		317,000	632,668
Europe \| Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper		376,946	707,175
Europe \| Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper		$ 376,946	$ 707,175

Long-Term Debt (Aggregate Maturities Of Long-Term Debt) (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Debt Disclosure [Abstract]
2020	$ 1,051,643
2021	340,555
2022	564,339
2023	603,770
2024	2,635
Thereafter	10,073
Aggregate maturities of long-term debt	$ 2,573,015

Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Payables and Accruals [Abstract]
Outstanding checks in excess of cash	$ 9,924	$ 14,624
Accounts payable, trade	824,956	811,879
Accrued expenses	461,035	430,431
Product warranties	49,184	47,511
Accrued interest	21,050	21,908
Accrued compensation and benefits	192,991	197,513
Total accounts payable and accrued expenses	$ 1,559,140	$ 1,523,866

Leases (Details) - USD ($) $ in Thousands	12 Months Ended
Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Lessee, Lease, Description [Line Items]
Amount of leases not yet commenced	$ 13,932
Rent expense under operating leases	$ 127,990
Rent expense under operating leases		$ 143,513	$ 145,176
Minimum
Lessee, Lease, Description [Line Items]
Term of lease contracts (in years)	1 year
Term of lease contracts, majority (in years)	1 year
Lease extensions (in years)	3 years
Maximum
Lessee, Lease, Description [Line Items]
Term of lease contracts (in years)	60 years
Term of lease contracts, majority (in years)	8 years
Lease extensions (in years)	10 years

Leases - Components of Lease Expense (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019 USD ($)
Operating lease costs
Fixed	$ 127,990
Short-term	23,658
Variable	37,975
Sub-leases	(848)
Operating lease costs	188,775
Finance lease costs
Amortization of leased assets	4,015
Interest on lease liabilities	491
Finance lease costs	4,506
Lease, Cost	193,281
Cost of Sales
Operating lease costs
Fixed	30,002
Short-term	9,725
Variable	8,123
Sub-leases	(311)
Operating lease costs	47,539
Finance lease costs
Amortization of leased assets	4,015
Interest on lease liabilities	0
Finance lease costs	4,015
Lease, Cost
Selling, General and Administrative Expenses
Operating lease costs
Fixed	97,988
Short-term	13,933
Variable	29,852
Sub-leases	(537)
Operating lease costs	141,236
Finance lease costs
Amortization of leased assets	0
Interest on lease liabilities	491
Finance lease costs	491
Lease, Cost

Leases - Supplemental Balance Sheet Information (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Operating Leases
Right of use operating lease assets	$ 323,003
Finance Leases
Property, plant and equipment, gross	35,271
Accumulated depreciation	(5,664)
Property, plant and equipment, net	29,607
Total lease assets	352,610
Operating Leases
Other current	101,945
Non-current	228,155
Total operating liabilities	330,100
Finance Leases
Short-term debt	4,835
Long-term debt	25,214
Total finance liabilities	30,049
Total lease liabilities	$ 360,149

Leases - Maturities of Lease Liabilities (Details) $ in Thousands	Dec. 31, 2019 USD ($)
Finance Leases
2020	$ 5,355
2021	4,955
2022	4,612
2023	4,077
2024	2,894
Thereafter	10,884
Total lease payments	32,777
Less imputed interest	2,728
Present value, Total	30,049
Operating Leases
2020	119,745
2021	94,169
2022	66,090
2023	36,965
2024	20,118
Thereafter	26,105
Total lease payments	363,192
Less imputed interest	33,092
Present value, Total	330,100
Total
2020	125,100
2021	99,124
2022	70,702
2023	41,042
2024	23,012
Thereafter	36,989
Total lease payments	$ 395,969

Leases - Maturities of Finance Leases and Operating Leases (Details) $ in Thousands	Dec. 31, 2018 USD ($)
Finance Leases [Abstract]
2019	$ 1,494
2020	1,195
2021	766
2022	562
2023	555
Thereafter	3,215
Total payments	7,787
Less amount representing interest	1,123
Present value of capitalized lease payments	6,664
Operating Leases
2019	116,110
2020	93,724
2021	66,129
2022	42,247
2023	22,207
Thereafter	26,097
Total payments	366,514
Total
2019	117,604
2020	94,919
2021	66,895
2022	42,809
2023	22,762
Thereafter	29,312
Total payments	$ 374,301

Leases - Lease Term and Discount Rate (Details)	Dec. 31, 2019
Weighted Average Remaining Lease Term
Operating Leases	4 years 3 months 7 days
Finance Leases	8 years 5 months 8 days
Weighted Average Discount Rate
Operating Leases	3.30%
Finance Leases	1.40%

Leases - Supplemental Cash Flow Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019 USD ($)
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$ 127,213
Operating cash flows from finance leases	349
Financing cash flows from finance leases	3,975
Right-of-use assets obtained in exchange for lease obligations:
Operating Leases	133,959
Finance Leases	20,464
Amortization of Right of use operating lease assets	$ 109,884

Stock-Based Compensation (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	May 19, 2017	May 09, 2012
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Total intrinsic value of options exercised	$ 0	$ 0	$ 5,005
Options granted (in shares)	0
Stock Options Plans
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Recognized stock-based compensation costs	$ 0	0	6
Recognized stock-based compensation costs, net of tax	0	0	4
Pre-tax unrecognized compensation expense	0
Restricted Stock Units (RSUs)
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Recognized stock-based compensation costs	23,620	31,382	36,316
Recognized stock-based compensation costs, net of tax	17,479	$ 24,436	$ 22,037
Pre-tax unrecognized compensation expense	$ 20,598
Recognized expense over a weighted-average period, years	1 year 8 months 1 day
2012 Long-Term Incentive Plan
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Common stock reserved for issuance (in shares)					3,200,000
Additional awards available to be granted (in shares)				0
2012 Long-Term Incentive Plan \| Stock Options Plans
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Option awards contractual term (years)	10 years
2012 Long-Term Incentive Plan \| Minimum \| Stock Options Plans
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Vesting period (years)	3 years
2012 Long-Term Incentive Plan \| Minimum \| Restricted Stock Units (RSUs)
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Vesting period (years)	3 years
2012 Long-Term Incentive Plan \| Maximum \| Stock Options Plans
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Vesting period (years)	5 years
2012 Long-Term Incentive Plan \| Maximum \| Restricted Stock Units (RSUs)
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Vesting period (years)	5 years
2017 Long-Term Incentive Plan
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Common stock reserved for issuance (in shares)				3,000
Non-employee director
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Options granted (in shares)	1	1	1

Stock-Based Compensation (Schedule Of Stock Option Plans Activity) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Shares
Options outstanding, beginning balance (in shares)	63,000
Options exercised (in shares)	0
Options forfeited and expired (in shares)	0
Options outstanding, ending balance (in shares)	63,000	63,000
Options exercisable at end of year (in shares)	63,000
Weighted average exercise price
Exercised (usd per share)	$ 0
Options outstanding, ending balance (usd per share)	62.86	$ 62.86
Options exercisable at end of year (usd per share)	$ 62.86
Stock Options Plans
Shares
Options outstanding, beginning balance (in shares)	63,000	63,000	91,000
Options exercised (in shares)	0	0	(28,000)
Options forfeited and expired (in shares)	0	0	0
Options outstanding, ending balance (in shares)	63,000	63,000	63,000
Options exercisable at end of year (in shares)	63,000	63,000	63,000
Minimum \| Stock Options Plans
Weighted average exercise price
Exercised (usd per share)	$ 0.00	$ 0.00	$ 57.34
Options forfeited and expired during the year (usd per share)	0.00	0.00	0.00
Options outstanding, ending balance (usd per share)	57.34	57.34	57.34
Options exercisable at end of year (usd per share)	57.34	57.34	57.34
Maximum \| Stock Options Plans
Weighted average exercise price
Exercised (usd per share)	0.00	0.00	66.14
Options forfeited and expired during the year (usd per share)	0.00	0.00	0.00
Options outstanding, ending balance (usd per share)	66.14	66.14	66.14
Options exercisable at end of year (usd per share)	$ 66.14	$ 66.14	$ 66.14

Stock-Based Compensation (Summary Of Stock Options Under The 2007 Plan) (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019 USD ($) $ / shares shares
Shares
Options outstanding, beginning balance (in shares) \| shares	63,000
Granted (in shares) \| shares	0
Exercised (in shares) \| shares	0
Forfeited and expired (in shares) \| shares	0
Options outstanding, ending balance (in shares) \| shares	63,000
Vested and expected to vest as of December 31, 2018 (in shares) \| shares	63,000
Exercisable as of December 31, 2018 (in shares) \| shares	63,000
Weighted average exercise price
Options outstanding, beginning balance (usd per share) \| $ / shares	$ 62.86
Granted (usd per share) \| $ / shares	0
Exercised (usd per share) \| $ / shares	0
Forfeited and expired (usd per share) \| $ / shares	0
Options outstanding, ending balance (usd per share) \| $ / shares	62.86
Vested and expected to vest as of December 31, 2018 (usd per share) \| $ / shares	62.86
Exercisable as of December 31, 2018 (usd per share) \| $ / shares	$ 62.86
Additional Disclosures
Options outstanding, weighted average remaining contractual term (years)	1 year 9 months 18 days
Vested and expected to vest, weighted average remaining contractual term (years)	1 year 9 months 18 days
Exercisable, weighted average remaining contractual term (years)	1 year 9 months 18 days
Options outstanding, aggregate intrinsic value \| $	$ 4,640
Vested and expected to vest, aggregate intrinsic value \| $	4,640
Exercisable, aggregate intrinsic value \| $	$ 4,640

Stock-Based Compensation (Summary Of Stock Options By Exercise Price Range) (Details)	12 Months Ended
	Dec. 31, 2019 $ / shares shares
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Outstanding, number of shares (in shares) \| shares	63,000
Outstanding, average life	1 year 9 months 7 days
Outstanding, average price (usd per share)	$ 62.86
Exercisable, number of shares (in shares) \| shares	63,000
Exercisable, average price (usd per share)	$ 62.86
$57.34-$57.34
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price range, lower limit (usd per share)	57.34
Exercise price range, upper limit (usd per share)	$ 57.34
Outstanding, number of shares (in shares) \| shares	23,000
Outstanding, average life	1 year 1 month 24 days
Outstanding, average price (usd per share)	$ 57.34
Exercisable, number of shares (in shares) \| shares	23,000
Exercisable, average price (usd per share)	$ 57.34
$66.14-$66.14
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price range, lower limit (usd per share)	66.14
Exercise price range, upper limit (usd per share)	$ 66.14
Outstanding, number of shares (in shares) \| shares	40,000
Outstanding, average life	2 years 1 month 20 days
Outstanding, average price (usd per share)	$ 66.14
Exercisable, number of shares (in shares) \| shares	40,000
Exercisable, average price (usd per share)	$ 66.14

Stock-Based Compensation (Summary Of RSUs Under The 2007 Plan) (Details) - 2007 and 2012 Incentive plan - Restricted Stock Units (RSUs) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Shares
Restricted Stock Units outstanding, beginning balance (in shares)	446,000	555,000	695,000
Granted (in shares)	187,000	136,000	154,000
Released (in shares)	(230,000)	(235,000)	(284,000)
Forfeited (in shares)	(41,000)	(10,000)	(10,000)
Restricted Stock Units outstanding, ending balance (in shares)	362,000	446,000	555,000
Expected to vest as of December 31, 2018 (in shares)	356,000	440,000	546,000
Weighted average grant date fair value
Restricted Stock Units outstanding, beginning balance (usd per share)	$ 166.56
Granted (usd per share)	137.30
Released (usd per share)	152.00
Forfeited (usd per share)	189.23
Restricted Stock Units outstanding, ending balance (usd per share)	$ 158.13	$ 166.56
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Ending balance, weighted average remaining contractual term (years)	1 year 3 months 18 days
Expected to vest, weighted average remaining contractual term (years)	1 year 3 months 18 days
Ending balance, aggregate intrinsic value	$ 48,914
Expected to vest, aggregate intrinsic value	$ 48,060

Stock-Based Compensation (Additional Information For RSU's Under The 2007 Plan) (Details) - 2007 and 2012 Incentive plan - Restricted Stock Units (RSUs) - shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Shares
Restricted Stock Units outstanding, beginning balance (in shares)	446,000	555,000	695,000
Granted (in shares)	187,000	136,000	154,000
Released (in shares)	(230,000)	(235,000)	(284,000)
Forfeited (in shares)	(41,000)	(10,000)	(10,000)
Restricted Stock Units outstanding, ending balance (in shares)	362,000	446,000	555,000
Expected to vest at end of year (in shares)	356,000	440,000	546,000

Other Expense (Income) (Summary of other expense (income)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Other Nonoperating Income (Expense) [Abstract]
Foreign currency losses	$ (7,190)	$ 9,613	$ 8,395
Release of indemnification asset	(304)	4,606	4,459
Impairment of net investment in a manufacturer and distributor of Ceramic tile in China	59,906	0	0
All other, net	(16,005)	(6,921)	(7,649)
Total other expense (income)	$ 36,407	$ 7,298	$ 5,205

Income Taxes (Earnings (Loss) From Continuing Operations Before Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
United States	$ 163,764	$ 387,564	$ 754,562
Foreign	585,781	661,637	563,295
Earnings before income taxes	$ 749,545	$ 1,049,201	$ 1,317,857

Income Taxes (Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Current income taxes:
Current income taxes: U.S. federal	$ 19,936	$ 22,700	$ 327,697
Current income taxes: State and local	12,659	14,521	17,811
Current income taxes: Foreign	80,221	58,669	73,248
Total current income taxes	112,816	95,890	418,756
Deferred income taxes:
Deferred income taxes: U.S. federal	11,993	54,983	(17,419)
Deferred income taxes: State and local	15,371	19,076	(3,046)
Deferred income taxes: Foreign	(135,206)	14,397	(55,126)
Total deferred income taxes	(107,842)	88,456	(75,591)
Income tax expense (benefit)	$ 4,974	$ 184,346	$ 343,165

Income Taxes (Narrative) (Details) € in Thousands, $ in Thousands	1 Months Ended	12 Months Ended			36 Months Ended
	Mar. 30, 2019 EUR (€)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2014 EUR (€)
Income Taxes [Line Items]
Percentage of earnings from continuing operations before income taxes attributable to the United States		22.00%
Deferred tax asset resulting from restructuring		$ 775,064	$ 759,143
Deferred tax benefit related to tax basis of intangible assets		107,842	(88,456)	$ 75,591
Valuation allowance against deferred tax asset		232,196	347,786
Increase (decrease) in the valuation allowance		(115,590)	(15,177)
Net operating loss carryforwards and tax credit		376,375	575,625
Net operating loss carryforwards in various foreign jurisdictions		1,549,745
Repatriation transition tax expense		6,000	133,366
Accumulated earnings		177,000	1,936,000
TCJA revaluation of deferred tax assets and liabilities				106,107
Belgium tax reform, income tax expense (benefit)			44,439
Gross unrecognized tax benefits		1,260,970	1,330,713	65,631
Unrecognized tax benefits that would impact effective tax rate		29,420
Interest and penalties		12,555	7,184
Accrued/(reversed) interest and penalties		5,368	(1,085)	$ 165
Expected decrease in unrecognized tax benefits within next twelve months		6,772
Luxembourg
Income Taxes [Line Items]
Net operating loss carryforwards in various foreign jurisdictions		$ 1,224,545	$ 1,298,737
Domestic tax authority
Income Taxes [Line Items]
Effective income tax rate		36.60%	28.70%	43.10%
Foreign tax authority
Income Taxes [Line Items]
Effective income tax rate		(9.40%)	11.00%	3.20%
Foreign tax authority \| Tax year 2005 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €					€ 46,135
Foreign tax authority \| Tax year 2006 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €					38,817
Foreign tax authority \| Tax year 2007 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €					39,635
Foreign tax authority \| Tax year 2008 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €					30,131
Foreign tax authority \| Tax year 2009 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €					35,567
Foreign tax authority \| Tax year 2010 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €					€ 43,117
Foreign tax authority \| Tax year 2011 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €	€ 40,617
Foreign tax authority \| Tax year 2012 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €	39,732
Foreign tax authority \| Tax year 2013 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €	11,358
Foreign tax authority \| Tax year 2014 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €	23,919
Foreign tax authority \| Tax year 2015 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €	30,610
Foreign tax authority \| Tax year 2016 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €	93,145
Foreign tax authority \| Tax year 2017 \| Belgium
Income Taxes [Line Items]
Foreign tax assessment \| €	€ 79,933
State
Income Taxes [Line Items]
Net operating loss carryforwards and tax credit		$ 51,175
Tax Rate Changes, Foreign Currency Translations, and Other Activities
Income Taxes [Line Items]
Increase (decrease) in the valuation allowance		32,650
Restructuring Charges
Income Taxes [Line Items]
Deferred tax benefit related to tax basis of intangible assets		136,194
Foreign subsidiary and state net operating losses and tax credits
Income Taxes [Line Items]
Increase (decrease) in the valuation allowance			$ 15,357
State deferred tax assets
Income Taxes [Line Items]
Valuation allowance against deferred tax asset		31,349
Operating loss carryforward, foreign jurisdiction
Income Taxes [Line Items]
Valuation allowance against deferred tax asset		200,847
Restructuring Charges
Income Taxes [Line Items]
Current tax liability		148,240
Deferred tax asset resulting from restructuring		136,194
Increase (decrease) in the valuation allowance		$ 148,240

Income Taxes (Reconciliation Of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income taxes at statutory rate	$ 157,404	$ 220,332	$ 461,250
State and local income taxes, net of federal income tax benefit	22,185	22,315	10,133
Foreign income taxes	(17,276)	(39,915)	(113,520)
Change in valuation allowance	(21,975)	2,472	10,008
European Restructuring	(136,194)	0	0
Manufacturing deduction	0	0	(11,911)
2017 revaluation of deferred tax assets and liabilities	0	0	(150,546)
Transition Tax	0	28,201	105,165
Transition tax planning initiatives	0	(18,706)	14,825
Tax contingencies and audit settlements	6,686	(31,874)	23,097
Other, net	(5,856)	1,521	(5,336)
Income tax expense (benefit)	$ 4,974	$ 184,346	$ 343,165

Income Taxes (Deferred Tax Assets And Deferred Tax Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Accounts receivable	$ 7,063	$ 8,312
Inventories	50,585	47,212
Employee benefits	36,068	37,335
Accrued expenses and other	67,638	71,621
Deductible state tax and interest benefit	3,665	2,904
Intangibles	146,953	16,134
Lease liabilities	86,717
Federal, foreign and state net operating losses and credits	376,375	575,625
Gross deferred tax assets	775,064	759,143
Valuation allowance	(232,196)	(347,786)
Net deferred tax assets	542,868	411,357
Inventories	(12,885)	(18,332)
Plant and equipment	(510,952)	(477,734)
Intangibles	(182,424)	(181,436)
Right of use assets	(83,271)
Other liabilities	(24,220)	(96,134)
Gross deferred tax liabilities	(813,752)	(773,636)
Net deferred tax liability	$ (270,884)	$ (362,279)

Income Taxes (Reconciliation Of Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Reconciliation of Unrecognized Tax Benefits [Roll Forward]
Balance as of January 1	$ 1,330,713	$ 65,631
Additions based on tax positions related to the current year	2,302	1,304,447
Additions for tax positions of acquired companies	2,094	1,413
Additions for tax positions of prior years	4,744	5,098
Transition tax planning initiatives	0	(27,470)
Reductions resulting from the lapse of the statute of limitations	(2,729)	(8,110)
Reductions due to Luxembourg tax rate change	(46,841)	0
Settlements with taxing authorities	(1,929)	(9,773)
Effects of foreign currency translation	(27,384)	(523)
Balance as of December 31	$ 1,260,970	$ 1,330,713

Commitments and Contingencies (Narrative) (Details) - Standby letters of credit related to various insurance contracts and foreign vendor commitments - Senior Secured Credit Facility - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Commitments And Contingencies [Line Items]
Standby letters of credit for various insurance contracts and commitments to foreign vendors	$ 22,787	$ 54,591
Maximum
Commitments And Contingencies [Line Items]
Expiration period for standby letters of credit	2 years

Consolidated Statements of Cash Flows Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Supplemental Cash Flow Information [Abstract]
Interest	$ 45,241	$ 46,186	$ 33,952
Income taxes	123,974	196,193	373,900
Supplemental schedule of non-cash investing and financing activities:
Additions to property, plant and equipment	6,387	(4,672)	30,643
Fair value of net assets acquired in acquisition	107,290	831,760	369,956
Liabilities assumed in acquisition	(31,053)	(257,515)	(119,157)
Noncash investing and financing activities, total	$ 76,237	$ 574,245	$ 250,799

Segment Reporting (Summary of segment information) (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019 USD ($)	Sep. 28, 2019 USD ($)	Jun. 29, 2019 USD ($)	Mar. 30, 2019 USD ($)	Dec. 31, 2018 USD ($)	Sep. 29, 2018 USD ($)	Jun. 30, 2018 USD ($)	Mar. 31, 2018 USD ($)	Dec. 31, 2019 USD ($) segment	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)
Segment Reporting Information [Line Items]
Number of reporting segments \| segment									3
Assets	$ 13,386,680				$ 13,099,123				$ 13,386,680	$ 13,099,123	$ 12,094,853
Net sales	2,424,512	$ 2,519,185	$ 2,584,485	$ 2,442,490	2,448,618	$ 2,545,800	$ 2,577,014	$ 2,412,202	9,970,672	9,983,634	9,491,290
Long-lived assets	7,268,944				7,220,869				7,268,944	7,220,869	6,742,249
Operating income (loss)									827,224	1,095,326	1,354,173
Depreciation and amortization									576,452	521,765	446,672
Capital expenditures (excluding acquisitions)									545,462	794,110	905,998
Ceramic & Stone
Segment Reporting Information [Line Items]
Net sales									3,686,645	3,621,193	3,485,245
Carpet & Resilient
Segment Reporting Information [Line Items]
Net sales									3,921,769	3,903,698	3,655,902
Laminate & Wood
Segment Reporting Information [Line Items]
Net sales									1,501,077	1,553,032	1,519,417
Other
Segment Reporting Information [Line Items]
Net sales									861,181	905,711	830,726
United States
Segment Reporting Information [Line Items]
Net sales									5,822,593	6,103,789	6,035,200
Long-lived assets	3,391,676				3,485,046				3,391,676	3,485,046	3,339,363
Europe
Segment Reporting Information [Line Items]
Net sales									2,532,239	2,582,692	2,363,069
Russia
Segment Reporting Information [Line Items]
Net sales									385,395	349,220	326,075
Belgium
Segment Reporting Information [Line Items]
Long-lived assets	1,645,104				1,663,470				1,645,104	1,663,470	1,705,947
Other
Segment Reporting Information [Line Items]
Net sales									1,230,445	947,933	766,946
Long-lived assets	2,232,164				2,072,353				2,232,164	2,072,353	1,696,939
Operating segments \| Global Ceramic
Segment Reporting Information [Line Items]
Assets	5,419,896				5,194,030				5,419,896	5,194,030	4,838,310
Net sales									3,631,142	3,552,856	3,405,100
Operating income (loss)									340,058	442,898	525,401
Depreciation and amortization									211,679	189,904	161,913
Capital expenditures (excluding acquisitions)									244,026	281,125	310,650
Operating segments \| Global Ceramic \| Ceramic & Stone
Segment Reporting Information [Line Items]
Net sales									3,631,142	3,552,856	3,405,100
Operating segments \| Global Ceramic \| Carpet & Resilient
Segment Reporting Information [Line Items]
Net sales									0	0	0
Operating segments \| Global Ceramic \| Laminate & Wood
Segment Reporting Information [Line Items]
Net sales									0	0	0
Operating segments \| Global Ceramic \| Other
Segment Reporting Information [Line Items]
Net sales									0	0	0
Operating segments \| Global Ceramic \| Europe
Segment Reporting Information [Line Items]
Net sales									711,762	714,315	645,341
Operating segments \| Global Ceramic \| Russia
Segment Reporting Information [Line Items]
Net sales									269,142	245,867	235,043
Operating segments \| Flooring NA
Segment Reporting Information [Line Items]
Assets	3,823,654				3,938,639				3,823,654	3,938,639	3,702,137
Net sales									3,843,714	4,029,148	4,010,858
Operating income (loss)									167,385	347,937	540,337
Depreciation and amortization									204,689	184,455	159,980
Capital expenditures (excluding acquisitions)									148,820	262,676	355,941
Operating segments \| Flooring NA \| Ceramic & Stone
Segment Reporting Information [Line Items]
Net sales									55,503	68,337	80,145
Operating segments \| Flooring NA \| Carpet & Resilient
Segment Reporting Information [Line Items]
Net sales									3,136,474	3,258,029	3,219,971
Operating segments \| Flooring NA \| Laminate & Wood
Segment Reporting Information [Line Items]
Net sales									651,737	702,782	710,742
Operating segments \| Flooring NA \| Other
Segment Reporting Information [Line Items]
Net sales									0	0	0
Operating segments \| Flooring NA \| Europe
Segment Reporting Information [Line Items]
Net sales									6,922	6,487	19,100
Operating segments \| Flooring NA \| Russia
Segment Reporting Information [Line Items]
Net sales									66	2	(1)
Operating segments \| Flooring ROW
Segment Reporting Information [Line Items]
Assets	3,925,246				3,666,617				3,925,246	3,666,617	3,245,424
Net sales									2,495,816	2,401,630	2,075,452
Operating income (loss)									359,428	345,801	329,054
Depreciation and amortization									145,417	135,350	114,794
Capital expenditures (excluding acquisitions)									147,118	232,949	221,763
Operating segments \| Flooring ROW \| Ceramic & Stone
Segment Reporting Information [Line Items]
Net sales									0	0	0
Operating segments \| Flooring ROW \| Carpet & Resilient
Segment Reporting Information [Line Items]
Net sales									785,295	645,669	435,931
Operating segments \| Flooring ROW \| Laminate & Wood
Segment Reporting Information [Line Items]
Net sales									849,340	850,250	808,675
Operating segments \| Flooring ROW \| Other
Segment Reporting Information [Line Items]
Net sales									861,181	905,711	830,846
Operating segments \| Flooring ROW \| Europe
Segment Reporting Information [Line Items]
Net sales									1,813,555	1,861,890	1,698,628
Operating segments \| Flooring ROW \| Russia
Segment Reporting Information [Line Items]
Net sales									116,187	103,351	91,033
Corporate and intersegment eliminations
Segment Reporting Information [Line Items]
Assets	$ 217,884				$ 299,837				217,884	299,837	308,982
Operating income (loss)									(39,647)	(41,310)	(40,619)
Intersegment sales
Segment Reporting Information [Line Items]
Net sales									0	0	(120)
Intersegment sales \| Ceramic & Stone
Segment Reporting Information [Line Items]
Net sales									0	0	0
Intersegment sales \| Carpet & Resilient
Segment Reporting Information [Line Items]
Net sales									0	0	0
Intersegment sales \| Laminate & Wood
Segment Reporting Information [Line Items]
Net sales									0	0	0
Intersegment sales \| Other
Segment Reporting Information [Line Items]
Net sales									0	0	(120)
Intersegment sales \| Europe
Segment Reporting Information [Line Items]
Net sales									0	0	0
Intersegment sales \| Russia
Segment Reporting Information [Line Items]
Net sales									0	0	0
Corporate
Segment Reporting Information [Line Items]
Depreciation and amortization									14,667	12,056	9,985
Capital expenditures (excluding acquisitions)									$ 5,498	$ 17,360	$ 17,644

Quarterly Financial Data (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Dec. 31, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 2,424,512	$ 2,519,185	$ 2,584,485	$ 2,442,490	$ 2,448,618	$ 2,545,800	$ 2,577,014	$ 2,412,202	$ 9,970,672	$ 9,983,634	$ 9,491,290
Gross profit	622,807	691,691	736,618	624,927	646,390	720,433	766,555	704,692	2,676,043	2,838,070	2,996,414
Net income	$ 264,667	$ 155,518	$ 202,441	$ 121,585	$ 229,339	$ 227,013	$ 196,586	$ 208,766	$ 744,211	$ 861,704	$ 971,638
Basic earnings per share (usd per share)	$ 3.69	$ 2.16	$ 2.80	$ 1.68	$ 3.07	$ 3.03	$ 2.64	$ 2.80	$ 10.34	$ 11.53	$ 13.07
Diluted earnings per share (usd per share)	$ 3.68	$ 2.15	$ 2.79	$ 1.67	$ 3.05	$ 3.02	$ 2.62	$ 2.78	$ 10.30	$ 11.47	$ 12.98

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1337-109256

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=117327953&loc=d3e4984-109258

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1252-109256

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
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+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

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+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details