XML 42 R29.htm IDEA: XBRL DOCUMENT v3.22.1
Stockholders' Equity (Tables)
 3 Months Ended
Apr. 02, 2022
Equity [Abstract]  
Schedule of Changes in Stockholders' Equity

The following tables reflect the changes in stockholders’ equity attributable to Nucor and the noncontrolling interests of Nucor’s joint ventures, Nucor-Yamato Steel Company (Limited Partnership) (“NYS”) and California Steel Industries, Inc. (“CSI”), both of which Nucor owns 51%, for the three months ended April 2, 2022 and April 3, 2021 (in thousands):

 

 

 

 

 

 

 

Three Months (13 Weeks) Ended April 2, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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, 2021

 

$

14,603,794

 

 

 

380,154

 

 

$

152,061

 

 

$

2,140,608

 

 

$

17,674,100

 

 

$

(115,282

)

 

 

107,742

 

 

$

(5,835,098

)

 

$

14,016,389

 

 

$

587,405

 

Net earnings

 

 

2,227,115

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,095,623

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,095,623

 

 

 

131,492

 

Other comprehensive income (loss)

 

 

70,778

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

70,778

 

 

 

-

 

 

 

-

 

 

 

70,778

 

 

 

-

 

Stock options exercised

 

 

16,586

 

 

 

-

 

 

 

-

 

 

 

(507

)

 

 

-

 

 

 

-

 

 

 

(310

)

 

 

17,093

 

 

 

16,586

 

 

 

-

 

Stock option expense

 

 

458

 

 

 

-

 

 

 

-

 

 

 

458

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

458

 

 

 

-

 

Issuance of stock under award plans,

   net of forfeitures

 

 

43,098

 

 

 

-

 

 

 

-

 

 

 

21,170

 

 

 

-

 

 

 

-

 

 

 

(388

)

 

 

21,928

 

 

 

43,098

 

 

 

-

 

Amortization of unearned

   compensation

 

 

1,400

 

 

 

-

 

 

 

-

 

 

 

1,400

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,400

 

 

 

-

 

Treasury stock acquired

 

 

(905,324

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

7,048

 

 

 

(905,324

)

 

 

(905,324

)

 

 

-

 

Cash dividends declared

 

 

(134,446

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(134,446

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(134,446

)

 

 

-

 

Distributions to noncontrolling

   interests

 

 

(211,558

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(211,558

)

Acquisition of noncontrolling interest in CSI

 

 

431,219

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

431,219

 

BALANCES, April 2, 2022

 

$

16,143,120

 

 

 

380,154

 

 

$

152,061

 

 

$

2,163,129

 

 

$

19,635,277

 

 

$

(44,504

)

 

 

114,092

 

 

$

(6,701,401

)

 

$

15,204,562

 

 

$

938,558

 

 

 

 

 

 

 

 

 

Three Months (13 Weeks) Ended April 3, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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, 2020

 

$

11,231,861

 

 

 

380,154

 

 

$

152,061

 

 

$

2,121,288

 

 

$

11,343,852

 

 

$

(118,861

)

 

 

77,909

 

 

$

(2,709,675

)

 

$

10,788,665

 

 

$

443,196

 

Net earnings

 

 

987,514

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

942,432

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

942,432

 

 

 

45,082

 

Other comprehensive income (loss)

 

 

15,301

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

15,301

 

 

 

-

 

 

 

-

 

 

 

15,301

 

 

 

-

 

Stock options exercised

 

 

107,524

 

 

 

-

 

 

 

-

 

 

 

30,488

 

 

 

-

 

 

 

-

 

 

 

(2,135

)

 

 

77,036

 

 

 

107,524

 

 

 

-

 

Stock option expense

 

 

333

 

 

 

-

 

 

 

-

 

 

 

333

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

333

 

 

 

-

 

Issuance of stock under award plans,

   net of forfeitures

 

 

15,602

 

 

 

-

 

 

 

-

 

 

 

6,900

 

 

 

-

 

 

 

-

 

 

 

(242

)

 

 

8,702

 

 

 

15,602

 

 

 

-

 

Amortization of unearned

   compensation

 

 

1,900

 

 

 

-

 

 

 

-

 

 

 

1,900

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,900

 

 

 

-

 

Treasury stock acquired

 

 

(301,859

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

5,380

 

 

 

(301,859

)

 

 

(301,859

)

 

 

-

 

Cash dividends declared

 

 

(122,658

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(122,658

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(122,658

)

 

 

-

 

Distributions to noncontrolling

   interests

 

 

(73,795

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(73,795

)

BALANCES, April 3, 2021

 

$

11,861,723

 

 

 

380,154

 

 

$

152,061

 

 

$

2,160,909

 

 

$

12,163,626

 

 

$

(103,560

)

 

 

80,912

 

 

$

(2,925,796

)

 

$

11,447,240

 

 

$

414,483