CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets
Cash and equivalents	$ 972,561	$ 828,220
Short-term investments	114,154	228,783
Accounts receivable, net	1,069,061	1,040,220
Accounts receivable-related parties	3,818	3,536
Inventories	1,802,759	1,859,168
Other current assets	61,248	72,730
Total current assets	4,023,601	4,032,657
Property, plant and equipment, net	2,947,243	2,945,767
Intangible assets, net	256,302	270,328
Goodwill	526,462	429,645
Other assets	104,306	25,166
Total assets	7,857,914	7,703,563
Current liabilities
Accounts payable	516,109	536,743
Accounts payable-related parties	9,047	14,011
Income taxes payable	3,032	7,468
Accrued payroll and benefits	148,747	264,542
Accrued interest	25,509	25,526
Accrued expenses	151,161	146,613
Current maturities of long-term debt	72,131	24,234
Total current liabilities	925,736	1,019,137
Long-term debt	2,355,917	2,352,489
Deferred income taxes	457,784	435,838
Other liabilities	70,196	8,870
Total liabilities	3,809,633	3,816,334
Commitments and contingencies
Redeemable noncontrolling interests	139,930	111,240
Equity
Common stock voting, $.0025 par value; 900,000,000 shares authorized; 265,553,499 and 265,822,402 shares issued; and 219,797,547 and 225,272,174 shares outstanding, as of June 30, 2019 and December 31, 2018, respectively	645	645
Treasury stock, at cost; 45,755,952 and 40,550,228 shares, as of June 30, 2019 and December 31, 2018, respectively	(1,354,157)	(1,184,243)
Additional paid-in capital	1,167,505	1,160,048
Retained earnings	4,250,419	3,958,320
Accumulated other comprehensive income	78	301
Total Steel Dynamics, Inc. equity	4,064,490	3,935,071
Noncontrolling interests	(156,139)	(159,082)
Total equity	3,908,351	3,775,989
Total liabilities and equity	$ 7,857,914	$ 7,703,563