CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Current assets
Cash and equivalents	$ 1,243,868	$ 1,368,618
Accounts receivable, net of allowances for credit losses of $6,161 and $8,209 as of December 31, 2021, and December 31, 2020, respectively	1,911,385	967,981
Accounts receivable-related parties	5,049	3,937
Inventories	3,531,130	1,843,548
Other current assets	209,591	74,363
Total current assets	6,901,023	4,258,447
Property, plant and equipment, net	4,751,430	4,105,569
Intangible assets, net	295,345	324,577
Goodwill	453,835	457,226
Other assets	129,601	119,743
Total assets	12,531,234	9,265,562
Current liabilities
Accounts payable	1,266,833	760,536
Accounts payable-related parties	13,722	8,919
Income taxes payable	13,746	2,386
Accrued payroll and benefits	539,812	201,778
Accrued interest	17,533	19,656
Accrued expenses	278,549	178,618
Current maturities of long-term debt	97,174	86,894
Total current liabilities	2,227,369	1,258,787
Long-term debt	3,008,702	3,015,782
Deferred income taxes	854,905	536,288
Other liabilities	120,087	106,479
Total liabilities	6,211,063	4,917,336
Commitments and contingencies
Redeemable noncontrolling interests	211,414	158,614
Equity
Common stock voting, $.0025 par value; 900,000,000 shares authorized; 267,224,622 and 266,618,566 shares issued; and 194,997,922 and 210,914,264 shares outstanding, as of December 31, 2021, and December 31, 2020, respectively	649	648
Treasury stock, at cost; 72,226,700 and 55,704,302 shares, as of December 31, 2021, and December 31, 2020 respectively	(2,674,267)	(1,623,747)
Additional paid-in capital	1,218,933	1,207,392
Retained earnings	7,761,417	4,758,969
Accumulated other comprehensive income (loss)	(2,091)	1,902
Total Steel Dynamics, Inc. equity	6,304,641	4,345,164
Noncontrolling interests	(195,884)	(155,552)
Total equity	6,108,757	4,189,612
Total liabilities and equity	$ 12,531,234	$ 9,265,562