XML 39 R29.htm IDEA: XBRL DOCUMENT v3.23.3
Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 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 nine months ended September 30, 2023 and October 1, 2022 (in thousands):

 

 

 

 

 

 

Three Months (13 Weeks) Ended September 30, 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, 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

 

Net earnings before noncontrolling interests

 

 

1,221,255

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,141,506

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,141,506

 

 

 

79,749

 

Other comprehensive income (loss)

 

 

(19,855

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(19,855

)

 

 

-

 

 

 

-

 

 

 

(19,855

)

 

 

-

 

Stock options exercised

 

 

3,227

 

 

 

-

 

 

 

-

 

 

 

(386

)

 

 

-

 

 

 

-

 

 

 

(50

)

 

 

3,613

 

 

 

3,227

 

 

 

-

 

Stock option expense

 

 

392

 

 

 

-

 

 

 

-

 

 

 

392

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

392

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

16,353

 

 

 

-

 

 

 

-

 

 

 

14,337

 

 

 

-

 

 

 

-

 

 

 

(28

)

 

 

2,016

 

 

 

16,353

 

 

 

-

 

Amortization of unearned
   compensation

 

 

1,599

 

 

 

-

 

 

 

-

 

 

 

1,599

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,599

 

 

 

-

 

Treasury stock acquired and net impact of excise tax

 

 

(504,242

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,962

 

 

 

(504,242

)

 

 

(504,242

)

 

 

-

 

Cash dividends declared

 

 

(126,942

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(126,942

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(126,942

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(23,633

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(23,633

)

BALANCES, September 30, 2023

 

$

21,509,082

 

 

 

380,154

 

 

$

152,061

 

 

$

2,165,635

 

 

$

28,110,225

 

 

$

(148,827

)

 

 

134,315

 

 

$

(9,813,377

)

 

$

20,465,717

 

 

$

1,043,365

 

 

 

 

 

 

 

 

Nine Months (39 Weeks) Ended September 30, 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

 

 

4,039,959

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,739,402

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,739,402

 

 

 

300,557

 

Other comprehensive income (loss)

 

 

(11,310

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(11,310

)

 

 

-

 

 

 

-

 

 

 

(11,310

)

 

 

-

 

Stock options exercised

 

 

10,350

 

 

 

-

 

 

 

-

 

 

 

(2,135

)

 

 

-

 

 

 

-

 

 

 

(181

)

 

 

12,485

 

 

 

10,350

 

 

 

-

 

Stock option expense

 

 

4,314

 

 

 

-

 

 

 

-

 

 

 

4,314

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,314

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

76,322

 

 

 

-

 

 

 

-

 

 

 

15,072

 

 

 

-

 

 

 

-

 

 

 

(917

)

 

 

61,250

 

 

 

76,322

 

 

 

-

 

Amortization of unearned
   compensation

 

 

4,864

 

 

 

-

 

 

 

-

 

 

 

4,864

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,864

 

 

 

-

 

Treasury stock acquired and net impact of excise tax

 

 

(1,388,869

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

8,752

 

 

 

(1,388,869

)

 

 

(1,388,869

)

 

 

-

 

Cash dividends declared

 

 

(384,050

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(384,050

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(384,050

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(412,404

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(412,404

)

BALANCES, September 30, 2023

 

$

21,509,082

 

 

 

380,154

 

 

$

152,061

 

 

$

2,165,635

 

 

$

28,110,225

 

 

$

(148,827

)

 

 

134,315

 

 

$

(9,813,377

)

 

$

20,465,717

 

 

$

1,043,365

 

 

 

 

 

 

 

 

 

Three Months (13 Weeks) Ended October 1, 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, 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

 

Net earnings before noncontrolling interests

 

 

1,799,043

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,694,748

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,694,748

 

 

 

104,295

 

Other comprehensive income (loss)

 

 

(32,743

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(32,743

)

 

 

-

 

 

 

-

 

 

 

(32,743

)

 

 

-

 

Stock options exercised

 

 

2,784

 

 

 

-

 

 

 

-

 

 

 

(1,181

)

 

 

-

 

 

 

-

 

 

 

(62

)

 

 

3,965

 

 

 

2,784

 

 

 

-

 

Stock option expense

 

 

475

 

 

 

-

 

 

 

-

 

 

 

475

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

475

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

15,009

 

 

 

-

 

 

 

-

 

 

 

12,949

 

 

 

-

 

 

 

-

 

 

 

(31

)

 

 

2,060

 

 

 

15,009

 

 

 

-

 

Amortization of unearned
   compensation

 

 

1,100

 

 

 

-

 

 

 

-

 

 

 

1,100

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,100

 

 

 

-

 

Treasury stock acquired

 

 

(652,078

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

5,334

 

 

 

(652,078

)

 

 

(652,078

)

 

 

-

 

Cash dividends declared

 

 

(129,482

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(129,482

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(129,482

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(32,237

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(32,237

)

BALANCES, October 1, 2022

 

$

18,824,679

 

 

 

380,154

 

 

$

152,061

 

 

$

2,128,521

 

 

$

23,629,649

 

 

$

(103,553

)

 

 

123,609

 

 

$

(8,098,221

)

 

$

17,708,457

 

 

$

1,116,222

 

 

 

 

 

 

 

Nine Months (39 Weeks) Ended October 1, 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

 

 

6,753,395

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

6,351,604

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

6,351,604

 

 

 

401,791

 

Other comprehensive income (loss)

 

 

11,729

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

11,729

 

 

 

-

 

 

 

-

 

 

 

11,729

 

 

 

-

 

Stock options exercised

 

 

21,604

 

 

 

-

 

 

 

-

 

 

 

(2,489

)

 

 

-

 

 

 

-

 

 

 

(421

)

 

 

24,093

 

 

 

21,604

 

 

 

-

 

Stock option expense

 

 

4,897

 

 

 

-

 

 

 

-

 

 

 

4,897

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,897

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

54,560

 

 

 

-

 

 

 

-

 

 

 

(18,195

)

 

 

-

 

 

 

-

 

 

 

(1,194

)

 

 

72,755

 

 

 

54,560

 

 

 

-

 

Amortization of unearned
   compensation

 

 

3,700

 

 

 

-

 

 

 

-

 

 

 

3,700

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,700

 

 

 

-

 

Treasury stock acquired

 

 

(2,359,971

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

17,482

 

 

 

(2,359,971

)

 

 

(2,359,971

)

 

 

-

 

Cash dividends declared

 

 

(396,055

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(396,055

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(396,055

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(300,772

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(300,772

)

Acquisition of noncontrolling interest in CSI

 

 

427,798

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

427,798

 

BALANCES, October 1, 2022

 

$

18,824,679

 

 

 

380,154

 

 

$

152,061

 

 

$

2,128,521

 

 

$

23,629,649

 

 

$

(103,553

)

 

 

123,609

 

 

$

(8,098,221

)

 

$

17,708,457

 

 

$

1,116,222