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Segments (Tables)
6 Months Ended
Jul. 04, 2020
Segment Reporting [Abstract]  
Segments

Nucor’s results by segment for the second quarter and first six months of 2020 and 2019 were as follows (in thousands):

 

 

 

Three Months (13 Weeks) Ended

 

 

Six Months (26 Weeks) Ended

 

 

 

July 4, 2020

 

 

June 29, 2019

 

 

July 4, 2020

 

 

June 29, 2019

 

Net sales to external customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

2,513,961

 

 

$

3,703,447

 

 

$

6,033,231

 

 

$

7,652,849

 

Steel products

 

 

1,523,168

 

 

 

1,750,183

 

 

 

3,250,022

 

 

 

3,404,705

 

Raw materials

 

 

290,177

 

 

 

442,356

 

 

 

668,390

 

 

 

935,056

 

 

 

$

4,327,306

 

 

$

5,895,986

 

 

$

9,951,643

 

 

$

11,992,610

 

Intercompany sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

663,244

 

 

$

814,548

 

 

$

1,532,336

 

 

$

1,716,771

 

Steel products

 

 

63,205

 

 

 

54,396

 

 

 

146,574

 

 

 

117,201

 

Raw materials

 

 

1,484,982

 

 

 

2,430,487

 

 

 

3,908,787

 

 

 

4,854,356

 

Corporate/eliminations

 

 

(2,211,431

)

 

 

(3,299,431

)

 

 

(5,587,697

)

 

 

(6,688,328

)

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Earnings (loss) before income taxes and

   noncontrolling interests:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

150,424

 

 

$

578,920

 

 

$

306,930

 

 

$

1,268,318

 

Steel products

 

 

152,874

 

 

 

116,084

 

 

 

315,433

 

 

 

193,517

 

Raw materials

 

 

(1,389

)

 

 

21,709

 

 

 

(9,300

)

 

 

74,932

 

Corporate/eliminations

 

 

(120,852

)

 

 

(182,091

)

 

 

(285,709

)

 

 

(312,529

)

 

 

$

181,057

 

 

$

534,622

 

 

$

327,354

 

 

$

1,224,238

 

 

 

 

July 4, 2020

 

 

Dec. 31, 2019

 

Segment assets:

 

 

 

 

 

 

 

 

Steel mills

 

$

9,011,588

 

 

$

9,283,216

 

Steel products

 

 

4,414,063

 

 

 

4,610,628

 

Raw materials

 

 

3,125,590

 

 

 

3,316,479

 

Corporate/eliminations

 

 

2,214,724

 

 

 

1,134,343

 

 

 

$

18,765,965

 

 

$

18,344,666