Employee Benefit Plan

6 Months Ended

Jul. 01, 2017

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plan

13.

EMPLOYEE BENEFIT PLAN: Nucor makes contributions to a Profit Sharing and Retirement Savings Plan for qualified employees based on the profitability of the Company. Nucor’s expense for these benefits totaled $48.5 million and $36.0 million in the second quarter of 2017 and 2016, respectively, and $102.5 million and $47.8 million in the first six months of 2017 and 2016, respectively. The related liability for these benefits is included in salaries, wages and related accruals in the condensed consolidated balance sheets.