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Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2015
Valuation and Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts

NUCOR CORPORATION

Financial Statement Schedule

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS (in thousands)

 

Description

   Balance at
beginning of
Year
     Additions
charged to
costs and
expenses
     Deductions      Balance at
end of year
 

Year ended December 31, 2015 LIFO Reserve

   $ 567,396       $ 0       $ (466,834    $ 100,562   

Year ended December 31, 2014 LIFO Reserve

   $ 624,685       $ —         $ (57,289    $ 567,396   

Year ended December 31, 2013 LIFO Reserve

   $ 607,240       $ 17,445       $ —         $ 624,685