XML 40 R29.htm IDEA: XBRL DOCUMENT v3.23.2
Stockholders' Equity (Tables)
 6 Months Ended
Jul. 01, 2023
Equity [Abstract]  
Schedule Of Changes In Stock Holders Equity

The following tables reflect the changes in stockholders’ equity attributable to Nucor and the noncontrolling interests of Nucor’s joint ventures, Nucor-Yamato Steel Company (Limited Partnership) (“NYS”) and California Steel Industries, Inc. (“CSI”), in both of which Nucor owns 51%, for the three months and six months ended July 1, 2023 and July 2, 2022 (in thousands):

 

 

 

 

 

 

Three Months (13 Weeks) Ended July 1, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, April 1, 2023

 

$

19,929,870

 

 

 

380,154

 

 

$

152,061

 

 

$

2,168,770

 

 

$

25,762,032

 

 

$

(165,358

)

 

 

128,930

 

 

$

(8,900,124

)

 

$

19,017,381

 

 

$

912,489

 

Net earnings before noncontrolling interests

 

 

1,587,075

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,461,354

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,461,354

 

 

 

125,721

 

Other comprehensive income (loss)

 

 

36,386

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

36,386

 

 

 

-

 

 

 

-

 

 

 

36,386

 

 

 

-

 

Stock options exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Stock option expense

 

 

3,447

 

 

 

-

 

 

 

-

 

 

 

3,447

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,447

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

16,149

 

 

 

-

 

 

 

-

 

 

 

(24,025

)

 

 

-

 

 

 

-

 

 

 

(566

)

 

 

40,174

 

 

 

16,149

 

 

 

-

 

Amortization of unearned
   compensation

 

 

1,501

 

 

 

-

 

 

 

-

 

 

 

1,501

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,501

 

 

 

-

 

Treasury stock acquired

 

 

(454,814

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,067

 

 

 

(454,814

)

 

 

(454,814

)

 

 

-

 

Cash dividends declared

 

 

(127,725

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(127,725

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(127,725

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(50,961

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(50,961

)

BALANCES, July 1, 2023

 

$

20,940,928

 

 

 

380,154

 

 

$

152,061

 

 

$

2,149,693

 

 

$

27,095,661

 

 

$

(128,972

)

 

 

131,431

 

 

$

(9,314,764

)

 

$

19,953,679

 

 

$

987,249

 

 

 

 

 

 

 

 

Six Months (26 Weeks) Ended July 1, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, December 31, 2022

 

$

19,569,906

 

 

 

380,154

 

 

$

152,061

 

 

$

2,143,520

 

 

$

24,754,873

 

 

$

(137,517

)

 

 

126,661

 

 

$

(8,498,243

)

 

$

18,414,694

 

 

$

1,155,212

 

Net earnings before noncontrolling interests

 

 

2,818,704

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,597,896

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,597,896

 

 

 

220,808

 

Other comprehensive income (loss)

 

 

8,545

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

8,545

 

 

 

-

 

 

 

-

 

 

 

8,545

 

 

 

-

 

Stock options exercised

 

 

7,123

 

 

 

-

 

 

 

-

 

 

 

(1,749

)

 

 

-

 

 

 

-

 

 

 

(131

)

 

 

8,872

 

 

 

7,123

 

 

 

-

 

Stock option expense

 

 

3,922

 

 

 

-

 

 

 

-

 

 

 

3,922

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,922

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

59,969

 

 

 

-

 

 

 

-

 

 

 

735

 

 

 

-

 

 

 

-

 

 

 

(889

)

 

 

59,234

 

 

 

59,969

 

 

 

-

 

Amortization of unearned
   compensation

 

 

3,265

 

 

 

-

 

 

 

-

 

 

 

3,265

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,265

 

 

 

-

 

Treasury stock acquired

 

 

(884,627

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

5,790

 

 

 

(884,627

)

 

 

(884,627

)

 

 

-

 

Cash dividends declared

 

 

(257,108

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(257,108

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(257,108

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(388,771

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(388,771

)

BALANCES, July 1, 2023

 

$

20,940,928

 

 

 

380,154

 

 

$

152,061

 

 

$

2,149,693

 

 

$

27,095,661

 

 

$

(128,972

)

 

 

131,431

 

 

$

(9,314,764

)

 

$

19,953,679

 

 

$

987,249

 

 

 

 

 

 

 

 

 

Three Months (13 Weeks) Ended July 2, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, April 2, 2022

 

$

16,143,120

 

 

 

380,154

 

 

$

152,061

 

 

$

2,163,129

 

 

$

19,635,277

 

 

$

(44,504

)

 

 

114,092

 

 

$

(6,701,401

)

 

$

15,204,562

 

 

$

938,558

 

Net earnings before noncontrolling interests

 

 

2,727,237

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,561,233

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,561,233

 

 

 

166,004

 

Other comprehensive income (loss)

 

 

(26,306

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(26,306

)

 

 

-

 

 

 

-

 

 

 

(26,306

)

 

 

-

 

Stock options exercised

 

 

2,233

 

 

 

-

 

 

 

-

 

 

 

(802

)

 

 

-

 

 

 

-

 

 

 

(49

)

 

 

3,035

 

 

 

2,233

 

 

 

-

 

Stock option expense

 

 

3,964

 

 

 

-

 

 

 

-

 

 

 

3,964

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,964

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

(3,546

)

 

 

-

 

 

 

-

 

 

 

(52,313

)

 

 

-

 

 

 

-

 

 

 

(775

)

 

 

48,767

 

 

 

(3,546

)

 

 

-

 

Amortization of unearned
   compensation

 

 

1,200

 

 

 

-

 

 

 

-

 

 

 

1,200

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,200

 

 

 

-

 

Treasury stock acquired

 

 

(802,569

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

5,100

 

 

 

(802,569

)

 

 

(802,569

)

 

 

-

 

Cash dividends declared

 

 

(132,127

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(132,127

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(132,127

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(56,977

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(56,977

)

Acquisition of noncontrolling interest in CSI

 

 

(3,421

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(3,421

)

BALANCES, July 2, 2022

 

$

17,852,808

 

 

 

380,154

 

 

$

152,061

 

 

$

2,115,178

 

 

$

22,064,383

 

 

$

(70,810

)

 

 

118,368

 

 

$

(7,452,168

)

 

$

16,808,644

 

 

$

1,044,164

 

 

 

 

 

 

 

Six Months (26 Weeks) Ended July 2, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, December 31, 2021

 

$

14,603,794

 

 

 

380,154

 

 

$

152,061

 

 

$

2,140,608

 

 

$

17,674,100

 

 

$

(115,282

)

 

 

107,742

 

 

$

(5,835,098

)

 

$

14,016,389

 

 

$

587,405

 

Net earnings before noncontrolling interests

 

 

4,954,352

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,656,856

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,656,856

 

 

 

297,496

 

Other comprehensive income (loss)

 

 

44,472

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

44,472

 

 

 

-

 

 

 

-

 

 

 

44,472

 

 

 

-

 

Stock options exercised

 

 

18,819

 

 

 

-

 

 

 

-

 

 

 

(1,309

)

 

 

-

 

 

 

-

 

 

 

(359

)

 

 

20,128

 

 

 

18,819

 

 

 

-

 

Stock option expense

 

 

4,422

 

 

 

-

 

 

 

-

 

 

 

4,422

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,422

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

39,552

 

 

 

-

 

 

 

-

 

 

 

(31,143

)

 

 

-

 

 

 

-

 

 

 

(1,163

)

 

 

70,695

 

 

 

39,552

 

 

 

-

 

Amortization of unearned
   compensation

 

 

2,600

 

 

 

-

 

 

 

-

 

 

 

2,600

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,600

 

 

 

-

 

Treasury stock acquired

 

 

(1,707,893

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

12,148

 

 

 

(1,707,893

)

 

 

(1,707,893

)

 

 

-

 

Cash dividends declared

 

 

(266,573

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(266,573

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(266,573

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(268,535

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(268,535

)

Acquisition of noncontrolling interest in CSI

 

 

427,798

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

427,798

 

BALANCES, July 2, 2022

 

$

17,852,808

 

 

 

380,154

 

 

$

152,061

 

 

$

2,115,178

 

 

$

22,064,383

 

 

$

(70,810

)

 

 

118,368

 

 

$

(7,452,168

)

 

$

16,808,644

 

 

$

1,044,164