CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and equivalents	$ 1,007,085	$ 1,243,868
Short-term Investments	351,005
Accounts receivable, net	2,573,539	1,911,385
Accounts receivable-related parties	87,176	5,049
Inventories	3,647,061	3,531,130
Other current assets	90,144	209,591
Total current assets	7,756,010	6,901,023
Property, plant and equipment, net	4,886,555	4,751,430
Intangible assets, net	281,022	295,345
Goodwill	452,341	453,835
Other assets	335,286	129,601
Total assets	13,711,214	12,531,234
Current liabilities
Accounts payable	1,365,608	1,266,833
Accounts payable-related parties	15,206	13,722
Income taxes payable	36,976	13,746
Accrued payroll and benefits	428,758	539,812
Accrued interest	17,531	17,533
Accrued expenses	300,663	278,549
Current maturities of long-term debt	37,130	97,174
Total current liabilities	2,201,872	2,227,369
Long-term debt	3,011,116	3,008,702
Deferred income taxes	853,407	854,905
Other liabilities	95,929	120,087
Total liabilities	6,162,324	6,211,063
Commitments and contingencies
Redeemable noncontrolling interests	168,303	211,414
Equity
Common stock voting, $0.0025 par value; 900,000,000 shares authorized; 267,224,622 and 267,224,622 shares issued; and 182,610,729 and 194,997,922 shares outstanding, as of June 30, 2022 and December 31, 2021, respectively	649	649
Treasury stock, at cost; 84,613,893 and 72,226,700 shares, as of June 30, 2022 and December 31, 2021, respectively	(3,566,493)	(2,674,267)
Additional paid-in capital	1,213,481	1,218,933
Retained earnings	9,945,710	7,761,417
Accumulated other comprehensive income (loss)	(4,999)	(2,091)
Total Steel Dynamics, Inc. equity	7,588,348	6,304,641
Noncontrolling interests	(207,761)	(195,884)
Total equity	7,380,587	6,108,757
Total liabilities and equity	$ 13,711,214	$ 12,531,234