XML 42 R31.htm IDEA: XBRL DOCUMENT v3.20.2
Stockholders' Equity (Tables)
9 Months Ended
Oct. 03, 2020
Equity [Abstract]  
Schedule of Changes in Stockholders' Equity

The following tables reflect the changes in stockholders’ equity attributable to both Nucor and the noncontrolling interests of Nucor’s joint ventures, primarily Nucor-Yamato Steel Company (Limited Partnership) of which Nucor owns 51%, for the three months and nine months ended October 3, 2020 and September 28, 2019 (in thousands):

 

 

 

 

 

 

 

Three Months (13 Weeks) Ended October 3, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, July 4, 2020

 

$

10,623,485

 

 

 

380,154

 

 

$

152,061

 

 

$

2,106,907

 

 

$

10,998,533

 

 

$

(340,836

)

 

 

78,259

 

 

$

(2,721,845

)

 

$

10,194,820

 

 

$

428,665

 

Net earnings

 

 

222,630

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

193,415

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

193,415

 

 

 

29,215

 

Other comprehensive income (loss)

 

 

25,367

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

25,367

 

 

 

-

 

 

 

-

 

 

 

25,367

 

 

 

-

 

Stock option expense

 

 

263

 

 

 

-

 

 

 

-

 

 

 

263

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

263

 

 

 

-

 

Issuance of stock under award

   plans, net of forfeitures

 

 

11,189

 

 

 

-

 

 

 

-

 

 

 

10,012

 

 

 

-

 

 

 

-

 

 

 

(34

)

 

 

1,177

 

 

 

11,189

 

 

 

-

 

Amortization of unearned

   compensation

 

 

400

 

 

 

-

 

 

 

-

 

 

 

400

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

400

 

 

 

-

 

Cash dividends declared

 

 

(123,039

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(123,039

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(123,039

)

 

 

-

 

Distributions to noncontrolling

   interests

 

 

(43,228

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(43,228

)

Other

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(1

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(1

)

 

 

1

 

BALANCES, October 3, 2020

 

$

10,717,067

 

 

 

380,154

 

 

$

152,061

 

 

$

2,117,582

 

 

$

11,068,908

 

 

$

(315,469

)

 

 

78,225

 

 

$

(2,720,668

)

 

$

10,302,414

 

 

$

414,653

 

 

 

 

 

 

 

 

Nine Months (39 Weeks) Ended October 3, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, December 31, 2019

 

$

10,791,176

 

 

 

380,154

 

 

$

152,061

 

 

$

2,107,646

 

 

$

11,115,056

 

 

$

(302,966

)

 

 

78,342

 

 

$

(2,713,931

)

 

$

10,357,866

 

 

$

433,310

 

Net earnings

 

 

410,162

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

322,627

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

322,627

 

 

 

87,535

 

Other comprehensive income (loss)

 

 

(12,503

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(12,503

)

 

 

-

 

 

 

-

 

 

 

(12,503

)

 

 

-

 

Stock option expense

 

 

2,402

 

 

 

-

 

 

 

-

 

 

 

2,402

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,402

 

 

 

-

 

Issuance of stock under award

   plans, net of forfeitures

 

 

38,996

 

 

 

-

 

 

 

-

 

 

 

6,234

 

 

 

-

 

 

 

-

 

 

 

(942

)

 

 

32,762

 

 

 

38,996

 

 

 

-

 

Amortization of unearned

   compensation

 

 

1,300

 

 

 

-

 

 

 

-

 

 

 

1,300

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,300

 

 

 

-

 

Treasury stock acquired

 

 

(39,499

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

825

 

 

 

(39,499

)

 

 

(39,499

)

 

 

-

 

Cash dividends declared

 

 

(368,774

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(368,774

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(368,774

)

 

 

-

 

Distributions to noncontrolling

   interests

 

 

(106,193

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(106,193

)

Other

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(1

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(1

)

 

 

1

 

BALANCES, October 3, 2020

 

$

10,717,067

 

 

 

380,154

 

 

$

152,061

 

 

$

2,117,582

 

 

$

11,068,908

 

 

$

(315,469

)

 

 

78,225

 

 

$

(2,720,668

)

 

$

10,302,414

 

 

$

414,653

 

 

 

 

 

 

 

 

Three Months (13 Weeks) Ended September 28, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, June 29, 2019

 

$

10,698,008

 

 

 

380,154

 

 

$

152,061

 

 

$

2,098,809

 

 

$

10,977,950

 

 

$

(297,760

)

 

 

76,997

 

 

$

(2,630,343

)

 

$

10,300,717

 

 

$

397,291

 

Net earnings

 

 

293,587

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

275,031

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

275,031

 

 

 

18,556

 

Other comprehensive income (loss)

 

 

(16,006

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(16,006

)

 

 

-

 

 

 

-

 

 

 

(16,006

)

 

 

-

 

Stock option expense

 

 

275

 

 

 

-

 

 

 

-

 

 

 

275

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

275

 

 

 

-

 

Issuance of stock under award

   plans, net of forfeitures

 

 

11,339

 

 

 

-

 

 

 

-

 

 

 

9,365

 

 

 

-

 

 

 

-

 

 

 

(58

)

 

 

1,974

 

 

 

11,339

 

 

 

-

 

Amortization of unearned

   compensation

 

 

500

 

 

 

-

 

 

 

-

 

 

 

500

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

500

 

 

 

-

 

Cash dividends declared

 

 

(122,809

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(122,809

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(122,809

)

 

 

-

 

Distributions to noncontrolling

   interests

 

 

(3,861

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(3,861

)

Other

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(1

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1

 

 

 

-

 

 

 

-

 

BALANCES, September 28, 2019

 

$

10,861,033

 

 

 

380,154

 

 

$

152,061

 

 

$

2,108,948

 

 

$

11,130,172

 

 

$

(313,766

)

 

 

76,939

 

 

$

(2,628,368

)

 

$

10,449,047

 

 

$

411,986

 

 

 

 

 

 

 

 

Nine Months (39 Weeks) Ended September 28, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, December 31, 2018

 

$

10,201,968

 

 

 

380,154

 

 

$

152,061

 

 

$

2,073,715

 

 

$

10,337,445

 

 

$

(304,133

)

 

 

74,562

 

 

$

(2,467,010

)

 

$

9,792,078

 

 

$

409,890

 

Net earnings

 

 

1,236,657

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,163,320

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,163,320

 

 

 

73,337

 

Other comprehensive income (loss)

 

 

(11,519

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(11,519

)

 

 

-

 

 

 

-

 

 

 

(11,519

)

 

 

-

 

Stock options exercised

 

 

5,892

 

 

 

-

 

 

 

-

 

 

 

808

 

 

 

-

 

 

 

-

 

 

 

(153

)

 

 

5,084

 

 

 

5,892

 

 

 

-

 

Stock option expense

 

 

4,387

 

 

 

-

 

 

 

-

 

 

 

4,387

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,387

 

 

 

-

 

Issuance of stock under award

   plans, net of forfeitures

 

 

59,608

 

 

 

-

 

 

 

-

 

 

 

28,540

 

 

 

-

 

 

 

-

 

 

 

(920

)

 

 

31,068

 

 

 

59,608

 

 

 

-

 

Amortization of unearned

   compensation

 

 

1,500

 

 

 

-

 

 

 

-

 

 

 

1,500

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,500

 

 

 

-

 

Treasury stock acquired

 

 

(197,511

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,450

 

 

 

(197,511

)

 

 

(197,511

)

 

 

-

 

Cash dividends declared

 

 

(368,707

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(368,707

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(368,707

)

 

 

-

 

Distributions to noncontrolling

   interests

 

 

(71,241

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(71,241

)

Other

 

 

(1

)

 

 

-

 

 

 

-

 

 

 

(2

)

 

 

(1,886

)

 

 

1,886

 

 

 

-

 

 

 

1

 

 

 

(1

)

 

 

-

 

BALANCES, September 28, 2019

 

$

10,861,033

 

 

 

380,154

 

 

$

152,061

 

 

$

2,108,948

 

 

$

11,130,172

 

 

$

(313,766

)

 

 

76,939

 

 

$

(2,628,368

)

 

$

10,449,047

 

 

$

411,986