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Segments (Tables)
9 Months Ended
Sep. 28, 2019
Segment Reporting [Abstract]  
Segments

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

 

 

 

Three Months (13 Weeks) Ended

 

 

Nine Months (39 Weeks) Ended

 

 

 

Sept. 28, 2019

 

 

Sept. 29, 2018

 

 

Sept. 28, 2019

 

 

Sept. 29, 2018

 

Net sales to external customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

3,244,473

 

 

$

4,401,610

 

 

$

10,897,322

 

 

$

12,151,843

 

Steel products

 

 

1,820,359

 

 

 

1,849,218

 

 

 

5,225,064

 

 

 

5,056,299

 

Raw materials

 

 

399,670

 

 

 

491,374

 

 

 

1,334,726

 

 

 

1,563,253

 

 

 

$

5,464,502

 

 

$

6,742,202

 

 

$

17,457,112

 

 

$

18,771,395

 

Intercompany sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

825,237

 

 

$

1,055,093

 

 

$

2,542,008

 

 

$

3,019,199

 

Steel products

 

 

57,517

 

 

 

56,185

 

 

 

174,718

 

 

 

142,862

 

Raw materials

 

 

2,063,167

 

 

 

2,923,196

 

 

 

6,917,523

 

 

 

8,687,408

 

Corporate/eliminations

 

 

(2,945,921

)

 

 

(4,034,474

)

 

 

(9,634,249

)

 

 

(11,849,469

)

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Earnings (loss) before income taxes and noncontrolling

   interests:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

309,939

 

 

$

1,095,360

 

 

$

1,578,257

 

 

$

2,617,647

 

Steel products

 

 

170,214

 

 

 

138,688

 

 

 

363,731

 

 

 

380,268

 

Raw materials

 

 

(10,599

)

 

 

(29,074

)

 

 

64,333

 

 

 

180,468

 

Corporate/eliminations

 

 

(89,215

)

 

 

(282,472

)

 

 

(401,744

)

 

 

(826,268

)

 

 

$

380,339

 

 

$

922,502

 

 

$

1,604,577

 

 

$

2,352,115

 

 

 

 

Sept. 28, 2019

 

 

Dec. 31, 2018

 

Segment assets:

 

 

 

 

 

 

 

 

Steel mills

 

$

9,117,610

 

 

$

9,244,086

 

Steel products

 

 

4,730,410

 

 

 

4,734,636

 

Raw materials

 

 

3,225,367

 

 

 

3,492,126

 

Corporate/eliminations

 

 

1,432,878

 

 

 

449,740

 

 

 

$

18,506,265

 

 

$

17,920,588