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Segments (Tables)
9 Months Ended
Oct. 03, 2020
Segment Reporting [Abstract]  
Segments

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

 

 

 

Three Months (13 Weeks) Ended

 

 

Nine Months (39 Weeks) Ended

 

 

 

Oct. 3, 2020

 

 

Sept. 28, 2019

 

 

Oct. 3, 2020

 

 

Sept. 28, 2019

 

Net sales to external customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

2,842,625

 

 

$

3,244,473

 

 

$

8,875,856

 

 

$

10,897,322

 

Steel products

 

 

1,738,004

 

 

 

1,820,359

 

 

 

4,988,026

 

 

 

5,225,064

 

Raw materials

 

 

347,331

 

 

 

399,670

 

 

 

1,015,721

 

 

 

1,334,726

 

 

 

$

4,927,960

 

 

$

5,464,502

 

 

$

14,879,603

 

 

$

17,457,112

 

Intercompany sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

731,942

 

 

$

825,237

 

 

$

2,264,278

 

 

$

2,542,008

 

Steel products

 

 

51,029

 

 

 

57,517

 

 

 

197,603

 

 

 

174,718

 

Raw materials

 

 

1,863,796

 

 

 

2,063,167

 

 

 

5,772,583

 

 

 

6,917,523

 

Corporate/eliminations

 

 

(2,646,767)

 

 

 

(2,945,921

)

 

 

(8,234,464)

 

 

 

(9,634,249

)

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Earnings (loss) before income taxes and

   noncontrolling interests:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

205,152

 

 

$

309,939

 

 

$

512,082

 

 

$

1,578,257

 

Steel products

 

 

186,976

 

 

 

170,214

 

 

 

502,409

 

 

 

363,731

 

Raw materials

 

 

6,232

 

 

 

(10,599

)

 

 

(3,068)

 

 

 

64,333

 

Corporate/eliminations

 

 

(107,942)

 

 

 

(89,215

)

 

 

(393,651)

 

 

 

(401,744

)

 

 

$

290,418

 

 

$

380,339

 

 

$

617,772

 

 

$

1,604,577

 

 

 

 

Oct. 3, 2020

 

 

Dec. 31, 2019

 

Segment assets:

 

 

 

 

 

 

 

 

Steel mills

 

$

9,251,790

 

 

$

9,283,216

 

Steel products

 

 

4,399,501

 

 

 

4,610,628

 

Raw materials

 

 

3,172,464

 

 

 

3,316,479

 

Corporate/eliminations

 

 

2,695,522

 

 

 

1,134,343

 

 

 

$

19,519,277

 

 

$

18,344,666