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Segments (Tables)
6 Months Ended
Jun. 29, 2019
Segment Reporting [Abstract]  
Segments

Nucor’s results by segment for the second quarter and first six months of 2019 and 2018 were as follows (in thousands):

 

 

 

Three Months (13 Weeks) Ended

 

 

Six Months (26 Weeks) Ended

 

 

 

June 29, 2019

 

 

June 30, 2018

 

 

June 29, 2019

 

 

June 30, 2018

 

Net sales to external customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

3,703,447

 

 

$

4,169,539

 

 

$

7,652,849

 

 

$

7,750,233

 

Steel products

 

 

1,750,183

 

 

 

1,738,370

 

 

 

3,404,705

 

 

 

3,207,081

 

Raw materials

 

 

442,356

 

 

 

552,865

 

 

 

935,056

 

 

 

1,071,879

 

 

 

$

5,895,986

 

 

$

6,460,774

 

 

$

11,992,610

 

 

$

12,029,193

 

Intercompany sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

814,548

 

 

$

1,065,780

 

 

$

1,716,771

 

 

$

1,964,106

 

Steel products

 

 

54,396

 

 

 

50,907

 

 

 

117,201

 

 

 

86,677

 

Raw materials

 

 

2,430,487

 

 

 

3,155,268

 

 

 

4,854,356

 

 

 

5,764,212

 

Corporate/eliminations

 

 

(3,299,431

)

 

 

(4,271,955

)

 

 

(6,688,328

)

 

 

(7,814,995

)

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Earnings (loss) before income taxes and noncontrolling

   interests:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

578,920

 

 

$

961,784

 

 

$

1,268,318

 

 

$

1,522,287

 

Steel products

 

 

116,084

 

 

 

155,766

 

 

 

193,517

 

 

 

241,580

 

Raw materials

 

 

21,709

 

 

 

134,995

 

 

 

74,932

 

 

 

209,542

 

Corporate/eliminations

 

 

(182,091

)

 

 

(338,844

)

 

 

(312,529

)

 

 

(543,796

)

 

 

$

534,622

 

 

$

913,701

 

 

$

1,224,238

 

 

$

1,429,613

 

 

 

 

June 29, 2019

 

 

December 31, 2018

 

Segment assets:

 

 

 

 

 

 

 

 

Steel mills

 

$

9,204,020

 

 

$

9,244,086

 

Steel products

 

 

4,770,901

 

 

 

4,734,636

 

Raw materials

 

 

3,259,940

 

 

 

3,492,126

 

Corporate/eliminations

 

 

891,619

 

 

 

449,740

 

 

 

$

18,126,480

 

 

$

17,920,588