Fair Value Measurements (Tables)

3 Months Ended

Apr. 04, 2015

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 are measured at fair value as of April 4, 2015, and December 31, 2014 (in thousands). Nucor does not 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 April 4, 2015
Assets:
Cash equivalents	$	796,987		$	796,987	$	—
Short-term investments		111,927			111,927		—
Foreign exchange contracts		12			—		12

Total assets	$	908,926		$	908,914	$	12		$	—


Liabilities:
Commodity contracts	$	(16,047	)	$	—	$	(16,047	)	$	—


As of December 31, 2014
Assets:
Cash equivalents	$	861,656		$	861,656	$	—
Short-term investments		100,000			100,000		—
Foreign exchange and commodity contracts		2,228			—		2,228

Total assets	$	963,884		$	961,656	$	2,228		$	—


Liabilities:
Commodity contracts	$	(12,700	)	$	—	$	(12,700	)	$	—