Segments (Tables)

12 Months Ended

Dec. 31, 2012

Segments

Nucor’s results by segment are as follows (in thousands):

	Year Ended December 31,
	2012				2011				2010
Net sales to external customers:
Steel mills		$	13,317,980			$	13,960,245			$	10,860,760
Steel products			3,738,381				3,431,490				2,831,209
Raw materials			1,909,095				2,128,391				1,814,329
All other			463,817				503,438				338,329
		$	19,429,273			$	20,023,564			$	15,844,627
Intercompany sales:
Steel mills		$	2,595,767			$	2,405,590			$	1,719,937
Steel products			71,277				55,646				43,565
Raw materials			9,514,163				10,436,379				8,052,986
All other			13,644				24,869				8,616
Corporate/eliminations			(12,194,851	)			(12,922,484	)			(9,825,104	)
		$	-			$	-			$	-
Depreciation expense:
Steel mills		$	366,117			$	371,984			$	370,458
Steel products			47,948				53,272				58,429
Raw materials			112,939				92,250				78,308
All other			65				56				90
Corporate			6,941				5,009				4,862
		$	534,010			$	522,571			$	512,147
Amortization expense:
Steel mills		$	7,879			$	-			$	262
Steel products			35,152				38,743				40,745
Raw materials			29,109				28,215				28,577
All other			871				871				871
Corporate			-				-				-
		$	73,011			$	67,829			$	70,455
Earnings (loss) before income taxes and noncontrolling interests:
Steel mills		$	1,161,449			$	1,808,859			$	872,566
Steel products			(17,140	)			(60,282	)			(173,433	)
Raw materials			55,264				156,180				112,306
All other			821				4,296				4,344
Corporate/eliminations			(347,454	)			(657,241	)			(548,668	)
		$	852,940			$	1,251,812			$	267,115
Segment assets:
Steel mills		$	7,669,917			$	6,440,868			$	6,061,823
Steel products			2,870,810				2,903,281				2,835,812
Raw materials			3,379,742				2,925,651				2,713,819
All other			200,775				152,107				170,174
Corporate/eliminations			30,815				2,148,443				2,140,282
		$	14,152,059			$	14,570,350			$	13,921,910
Capital expenditures:
Steel mills		$	369,314			$	181,178			$	186,236
Steel products			31,698				20,918				21,321
Raw materials			604,312				245,337				125,536
All other			149				15				24
Corporate			13,861				3,179				12,177
		$	1,019,334			$	450,627			$	345,294

Schedule of Net Sale by Product to External Customers

Net sales by product were as follows (in thousands). Further product group breakdown is impracticable.

	Year Ended December 31,
	2012			2011			2010
Net sales to external customers:
Sheet		$	5,540,868		$	5,967,756		$	4,952,236
Bar			3,536,094			3,733,716			2,668,706
Structural			2,301,778			2,049,907			1,633,203
Plate			1,939,240			2,208,866			1,606,615
Steel products			3,738,381			3,431,490			2,831,209
Raw materials			1,909,095			2,128,391			1,814,329
All other			463,817			503,438			338,329
		$	19,429,273		$	20,023,564		$	15,844,627