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Segments (Tables)
 3 Months Ended
Mar. 30, 2024
Segment Reporting [Abstract]  
Segments

Nucor’s results by segment for the first quarter of 2024 and 2023 were as follows (in thousands):

 

 

 

Three Months (13 Weeks) Ended

 

 

 

March 30, 2024

 

 

April 1, 2023

 

Net sales to external customers:

 

 

 

 

 

 

Steel mills

 

$

5,168,778

 

 

$

4,979,257

 

Steel products

 

 

2,516,868

 

 

 

3,275,997

 

Raw materials

 

 

451,437

 

 

 

454,726

 

 

$

8,137,083

 

 

$

8,709,980

 

Intercompany sales:

 

 

 

 

 

 

Steel mills

 

$

1,250,863

 

 

$

1,163,632

 

Steel products

 

 

137,444

 

 

 

100,361

 

Raw materials

 

 

3,110,029

 

 

 

3,170,892

 

Corporate/eliminations

 

 

(4,498,336

)

 

 

(4,434,885

)

 

$

-

 

 

$

-

 

Earnings before income taxes and
   noncontrolling interests:

 

 

 

 

 

 

Steel mills

 

$

1,102,251

 

 

$

838,388

 

Steel products

 

 

511,559

 

 

 

970,802

 

Raw materials

 

 

9,581

 

 

 

58,140

 

Corporate/eliminations

 

 

(398,050

)

 

 

(270,546

)

 

$

1,225,341

 

 

$

1,596,784

 

 

 

 

March 30, 2024

 

 

Dec. 31, 2023

 

Assets:

 

 

 

 

 

 

Steel mills

 

$

15,557,704

 

 

$

15,407,266

 

Steel products

 

 

11,012,416

 

 

 

10,914,870

 

Raw materials

 

 

3,443,812

 

 

 

3,546,759

 

Corporate/eliminations

 

 

3,918,593

 

 

 

5,471,604

 

 

 

$

33,932,525

 

 

$

35,340,499