XML 52 R39.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidating Information - Balance Sheets (Details) - USD ($)
$ in Thousands
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Condensed Consolidating Balance Sheets            
Ownership interest in subsidiaries (as a percent) 100.00%          
Cash and equivalents $ 1,052,666 $ 976,951 $ 727,032 $ 419,401 $ 160,982 $ 361,363
Accounts receivable, net 794,003   613,605      
Inventories 1,175,716   1,149,390      
Other current assets 28,072   47,914      
Total current assets 3,050,457   2,537,941      
Property, plant and equipment, net 2,885,844   2,951,210      
Intangible assets, net 265,476   278,960      
Goodwill 394,275   397,470      
Other assets, including investments in subs 33,624   36,501      
Total assets 6,629,676   6,202,082 6,826,763    
Accounts payable 461,267   283,355      
Accrued expenses 299,910   235,255      
Current maturities of long-term debt 18,047   16,680      
Total current liabilities 779,224   535,290      
Long-term debt 2,573,186   2,577,976      
Other liabilities 452,660   417,365      
Redeemable noncontrolling interests 126,340   126,340      
Common stock 639   638      
Treasury stock (392,050)   (396,455)      
Additional paid-in capital 1,125,519   1,110,253      
Retained earnings (deficit) 2,101,729   1,965,291      
Total Steel Dynamics, Inc. equity 2,835,837   2,679,727      
Noncontrolling interests (137,571)   (134,616)      
Total equity 2,698,266   2,545,111      
Total liabilities and equity 6,629,676   6,202,082      
Reportable legal entity | Parent            
Condensed Consolidating Balance Sheets            
Cash and equivalents 947,018   636,877 351,996   265,313
Accounts receivable, net 263,090   200,094      
Inventories 561,567   539,963      
Other current assets 15,660   21,654      
Total current assets 1,787,335   1,398,588      
Property, plant and equipment, net 932,067   958,212      
Other assets, including investments in subs 2,811,879   2,941,710      
Total assets 5,531,281   5,298,510      
Accounts payable 169,025   100,751      
Accrued expenses 198,810   141,552      
Current maturities of long-term debt 13,147   13,122      
Total current liabilities 380,982   255,425      
Long-term debt 2,542,969   2,546,606      
Other liabilities (228,508)   (183,248)      
Common stock 640   638      
Treasury stock (392,050)   (396,455)      
Additional paid-in capital 1,125,519   1,110,253      
Retained earnings (deficit) 2,101,729   1,965,291      
Total Steel Dynamics, Inc. equity 2,835,838   2,679,727      
Total equity 2,835,838   2,679,727      
Total liabilities and equity 5,531,281   5,298,510      
Reportable legal entity | Guarantors            
Condensed Consolidating Balance Sheets            
Cash and equivalents 88,893   81,976 55,586   81,690
Accounts receivable, net 1,228,150   1,056,285      
Inventories 583,995   573,924      
Other current assets 12,345   25,415      
Total current assets 1,913,383   1,737,600      
Property, plant and equipment, net 1,668,643   1,703,932      
Intangible assets, net 265,476   278,960      
Goodwill 394,275   397,470      
Other assets, including investments in subs 8,986   10,040      
Total assets 4,250,763   4,128,002      
Accounts payable 306,782   183,344      
Accrued expenses 199,976   185,873      
Current maturities of long-term debt 700   700      
Total current liabilities 507,458   369,917      
Long-term debt     361      
Other liabilities 1,188,931   1,342,541      
Common stock 1,727,859   1,727,859      
Additional paid-in capital 117,737   117,737      
Retained earnings (deficit) 708,778   569,587      
Total Steel Dynamics, Inc. equity 2,554,374   2,415,183      
Total equity 2,554,374   2,415,183      
Total liabilities and equity 4,250,763   4,128,002      
Reportable legal entity | Combined Non-Guarantors            
Condensed Consolidating Balance Sheets            
Cash and equivalents 16,755   8,179 $ 11,819   $ 14,360
Accounts receivable, net 30,318   29,775      
Inventories 37,484   35,004      
Other current assets 1,753   1,676      
Total current assets 86,310   74,634      
Property, plant and equipment, net 287,042   291,077      
Other assets, including investments in subs 6,257   6,137      
Total assets 379,609   371,848      
Accounts payable 74,445   68,948      
Accrued expenses 5,257   4,779      
Current maturities of long-term debt 28,401   24,975      
Total current liabilities 108,103   98,702      
Long-term debt 174,689   177,897      
Other liabilities 70,488   63,020      
Redeemable noncontrolling interests 126,340   126,340      
Common stock 18,120   18,120      
Additional paid-in capital 653,787   646,787      
Retained earnings (deficit) (634,347)   (624,402)      
Total Steel Dynamics, Inc. equity 37,560   40,505      
Noncontrolling interests (137,571)   (134,616)      
Total equity (100,011)   (94,111)      
Total liabilities and equity 379,609   371,848      
Consolidating Adjustments            
Condensed Consolidating Balance Sheets            
Accounts receivable, net (727,555)   (672,549)      
Inventories (7,330)   499      
Other current assets (1,686)   (831)      
Total current assets (736,571)   (672,881)      
Property, plant and equipment, net (1,908)   (2,011)      
Other assets, including investments in subs (2,793,498)   (2,921,386)      
Total assets (3,531,977)   (3,596,278)      
Accounts payable (88,985)   (69,688)      
Accrued expenses (104,133)   (96,949)      
Current maturities of long-term debt (24,201)   (22,117)      
Total current liabilities (217,319)   (188,754)      
Long-term debt (144,472)   (146,888)      
Other liabilities (578,251)   (804,948)      
Common stock (1,745,980)   (1,745,979)      
Additional paid-in capital (771,524)   (764,524)      
Retained earnings (deficit) (74,431)   54,815      
Total Steel Dynamics, Inc. equity (2,591,935)   (2,455,688)      
Total equity (2,591,935)   (2,455,688)      
Total liabilities and equity $ (3,531,977)   $ (3,596,278)