Segments |
Nucor’s results by segment for the first quarter of 2024 and 2023 were as follows (in thousands):
|
|
|
|
|
|
|
|
|
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|
Three Months (13 Weeks) Ended |
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|
March 30, 2024 |
|
|
April 1, 2023 |
|
Net sales to external customers: |
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|
|
|
|
|
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: |
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|
|
|
|
|
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 |
|
|