Segments (Tables)

12 Months Ended

Dec. 31, 2013

Segments

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

	Year Ended December 31,
	2013			2012			2011
Net sales to external customers:
Steel mills	$	13,311,948		$	13,781,797		$	14,463,683
Steel products		3,607,333			3,738,381			3,431,490
Raw materials		2,132,765			1,909,095			2,128,391
	$	19,052,046		$	19,429,273		$	20,023,564
Intercompany sales:
Steel mills	$	2,563,554		$	2,609,411		$	2,430,459
Steel products		97,090			71,277			55,646
Raw materials		9,116,860			9,514,163			10,436,379
Corporate/eliminations		(11,777,504	)		(12,194,851	)		(12,922,484	)
	$	—		$	—		$	—
Depreciation expense:
Steel mills	$	332,258		$	366,182		$	372,040
Steel products		42,737			47,948			53,272
Raw materials		154,065			112,939			92,250
Corporate		6,792			6,941			5,009
	$	535,852		$	534,010		$	522,571
Amortization expense:
Steel mills	$	13,911		$	8,750		$	871
Steel products		31,082			35,152			38,743
Raw materials		29,363			29,109			28,215
Corporate		—			—			—
	$	74,356		$	73,011		$	67,829
Earnings (loss) before income taxes and noncontrolling interests:
Steel mills	$	1,156,715		$	1,162,270		$	1,813,155
Steel products		82,129			(17,140	)		(60,282	)
Raw materials		13,686			55,264			156,180
Corporate/eliminations		(461,407	)		(347,454	)		(657,241	)
	$	791,123		$	852,940		$	1,251,812
Segment assets:
Steel mills	$	8,365,023		$	7,894,974		$	6,634,268
Steel products		2,861,403			2,935,146			2,972,004
Raw materials		3,956,913			3,400,690			2,946,549
Corporate/eliminations		19,944			(78,751	)		2,017,529
	$	15,203,283		$	14,152,059		$	14,570,350
Capital expenditures:
Steel mills	$	589,621		$	369,463		$	181,193
Steel products		22,472			31,698			20,918
Raw materials		610,745			604,312			245,337
Corporate		7,580			13,861			3,179
	$	1,230,418		$	1,019,334		$	450,627

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,
	2013		2012		2011
Net sales to external customers:
Sheet	$	5,219,464	$	5,540,868	$	5,967,756
Bar		3,730,328		3,999,911		4,237,154
Structural		2,558,538		2,301,778		2,049,907
Plate		1,803,618		1,939,240		2,208,866
Steel products		3,607,333		3,738,381		3,431,490
Raw materials		2,132,765		1,909,095		2,128,391
	$	19,052,046	$	19,429,273	$	20,023,564