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Fair Value Measurements (Tables)
9 Months Ended
Sep. 28, 2013
Schedule of Financial Assets and Financial Liabilities Measured at Fair Value
The following table summarizes information regarding Nucor’s financial assets and financial liabilities that were measured at fair value as of September 28, 2013 and December 31, 2012 (in thousands). Nucor does not currently have any non-financial assets or liabilities that are measured at fair value on a recurring basis.

 

            Fair Value Measurements at Reporting Date Using  

Description

   Carrying
Amount in
Condensed
Consolidated
Balance Sheets
    Quoted Prices
in Active
Markets for
Identical
Assets

(Level 1)
     Significant
Other
Observable
Inputs
(Level 2)
    Significant
Unobservable
Inputs

(Level 3)
 

As of September 28, 2013

         

Assets:

         

Cash equivalents

   $ 1,590,572      $ 1,590,572       $      $   

Short-term investments

     48,476        48,476                  

Restricted cash

     393        393                  
  

 

 

   

 

 

    

 

 

   

 

 

 

Total assets

   $ 1,639,441      $ 1,639,441       $      $   
  

 

 

   

 

 

    

 

 

   

 

 

 

Liabilities:

         

Foreign exchange and commodity contracts

   $ (487   $       $ (487   $   
  

 

 

   

 

 

    

 

 

   

 

 

 

As of December 31, 2012

         

Assets:

         

Cash equivalents

   $ 830,011      $ 830,011       $      $   

Short-term investments

     104,167        104,167                  

Restricted cash and investments

     275,163        275,163                  
  

 

 

   

 

 

    

 

 

   

 

 

 

Total assets

   $ 1,209,341      $ 1,209,341       $      $   
  

 

 

   

 

 

    

 

 

   

 

 

 

Liabilities:

         

Foreign exchange and commodity contracts

   $ (318   $       $ (318   $