XML 54 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Information - Balance Sheets (Details) - USD ($)
$ in Thousands
Sep. 30, 2017
Jun. 30, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Dec. 31, 2015
Condensed Consolidating Balance Sheets            
Cash and equivalents $ 1,101,964 $ 908,843 $ 841,483 $ 1,051,489 $ 1,052,666 $ 727,032
Accounts receivable, net 923,017   729,784      
Inventories 1,487,516   1,275,211      
Other current assets 59,648   83,197      
Total current assets 3,572,145   2,929,675      
Property, plant and equipment, net 2,708,777   2,787,215      
Intangible assets, net 263,357   283,977      
Goodwill 388,518   393,351      
Other assets, including investments in subs 27,940   29,514      
Total assets 6,960,737   6,423,732      
Accounts payable 528,683   395,196      
Accrued expenses 355,185   313,987      
Current maturities of long-term debt 182,661   3,632      
Total current liabilities 1,066,529   712,815      
Long-term debt 2,351,483   2,353,194      
Other liabilities 481,704   469,024      
Total liabilities 3,899,716   3,535,033      
Redeemable noncontrolling interests 111,240   111,240      
Common stock 641   641      
Treasury stock (650,210)   (416,829)      
Additional paid-in capital 1,147,463   1,132,749      
Retained earnings (deficit) 2,606,831   2,210,459      
Total Steel Dynamics, Inc. equity 3,104,725   2,927,020      
Noncontrolling interests (154,944)   (149,561)      
Total equity 2,949,781   2,777,459      
Total liabilities and equity 6,960,737   6,423,732      
Parent            
Condensed Consolidating Balance Sheets            
Cash and equivalents 1,064,499   766,685 972,610   636,877
Accounts receivable, net 294,753   229,148      
Inventories 669,076   587,319      
Other current assets 36,828   45,049      
Total current assets 2,065,156   1,628,201      
Property, plant and equipment, net 873,015   899,370      
Other assets, including investments in subs 2,611,965   2,769,884      
Total assets 5,550,136   5,297,455      
Accounts payable 196,177   141,089      
Accrued expenses 224,156   198,085      
Current maturities of long-term debt 167,840   674      
Total current liabilities 588,173   339,848      
Long-term debt 2,324,240   2,324,298      
Other liabilities (467,002)   (293,711)      
Total liabilities 2,445,411   2,370,435      
Common stock 641   641      
Treasury stock (650,210)   (416,829)      
Additional paid-in capital 1,147,463   1,132,749      
Retained earnings (deficit) 2,606,831   2,210,459      
Total Steel Dynamics, Inc. equity 3,104,725   2,927,020      
Total equity 3,104,725   2,927,020      
Total liabilities and equity 5,550,136   5,297,455      
Guarantors            
Condensed Consolidating Balance Sheets            
Cash and equivalents 32,968   54,677 61,054   81,976
Accounts receivable, net 1,450,968   1,257,245      
Inventories 754,526   639,148      
Other current assets 21,404   36,062      
Total current assets 2,259,866   1,987,132      
Property, plant and equipment, net 1,634,215   1,679,751      
Intangible assets, net 231,838   251,919      
Goodwill 380,695   385,527      
Other assets, including investments in subs 7,060   7,335      
Total assets 4,513,674   4,311,664      
Accounts payable 348,347   265,764      
Accrued expenses 251,694   220,917      
Current maturities of long-term debt     700      
Total current liabilities 600,041   487,381      
Other liabilities 983,737   1,219,444      
Total liabilities 1,583,778   1,706,825      
Common stock 1,727,859   1,727,859      
Additional paid-in capital 128,076   128,076      
Retained earnings (deficit) 1,073,961   748,904      
Total Steel Dynamics, Inc. equity 2,929,896   2,604,839      
Total equity 2,929,896   2,604,839      
Total liabilities and equity 4,513,674   4,311,664      
Combined Non-Guarantors            
Condensed Consolidating Balance Sheets            
Cash and equivalents 4,497   20,121 $ 17,825   $ 8,179
Accounts receivable, net 48,082   23,689      
Inventories 72,990   58,696      
Other current assets 5,124   4,447      
Total current assets 130,693   106,953      
Property, plant and equipment, net 201,547   208,094      
Intangible assets, net 31,519   32,058      
Goodwill 7,823   7,824      
Other assets, including investments in subs 5,578   5,832      
Total assets 377,160   360,761      
Accounts payable 106,208   89,659      
Accrued expenses 9,437   8,793      
Current maturities of long-term debt 40,482   29,347      
Total current liabilities 156,127   127,799      
Long-term debt 172,243   168,566      
Other liabilities 27,238   42,482      
Total liabilities 355,608   338,847      
Redeemable noncontrolling interests 111,240   111,240      
Common stock 14,908   14,908      
Additional paid-in capital 791,196   779,678      
Retained earnings (deficit) (740,848)   (734,351)      
Total Steel Dynamics, Inc. equity 65,256   60,235      
Noncontrolling interests (154,944)   (149,561)      
Total equity (89,688)   (89,326)      
Total liabilities and equity 377,160   360,761      
Consolidating Adjustments            
Condensed Consolidating Balance Sheets            
Accounts receivable, net (870,786)   (780,298)      
Inventories (9,076)   (9,952)      
Other current assets (3,708)   (2,361)      
Total current assets (883,570)   (792,611)      
Other assets, including investments in subs (2,596,663)   (2,753,537)      
Total assets (3,480,233)   (3,546,148)      
Accounts payable (122,049)   (101,316)      
Accrued expenses (130,102)   (113,808)      
Current maturities of long-term debt (25,661)   (27,089)      
Total current liabilities (277,812)   (242,213)      
Long-term debt (145,000)   (139,670)      
Other liabilities (62,269)   (499,191)      
Total liabilities (485,081)   (881,074)      
Common stock (1,742,767)   (1,742,767)      
Additional paid-in capital (919,272)   (907,754)      
Retained earnings (deficit) (333,113)   (14,553)      
Total Steel Dynamics, Inc. equity (2,995,152)   (2,665,074)      
Total equity (2,995,152)   (2,665,074)      
Total liabilities and equity $ (3,480,233)   $ (3,546,148)