XML 16 R3.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Statement Of Comprehensive Income [Abstract]    
Net earnings $ 2,227,115 $ 987,514
Other comprehensive income:    
Net unrealized income on hedging derivatives, net of income taxes of $16,800 and $400 for the first quarter of 2022 and 2021, respectively 53,476 999
Reclassification adjustment for settlement of hedging derivatives included in net earnings, net of income taxes of $(1,700) and $100 for the first quarter of 2022 and 2021, respectively [1] (5,390) 501
Foreign currency translation gain, net of income taxes of $0 for the first quarter of 2022 and 2021 22,692 13,801
Net current-period other comprehensive income (loss) 70,778 15,301
Comprehensive income 2,297,893 1,002,815
Comprehensive income attributable to noncontrolling interests 131,492 45,082
Comprehensive income attributable to Nucor stockholders $ 2,166,401 $ 957,733
[1] Includes $(5,390) and $501 net-of-tax impact of accumulated other comprehensive income (loss) reclassifications into cost of products sold for net (gains) losses on commodity contracts in the first quarter of 2022 and 2021, respectively. The tax impact of those reclassifications was $(1,700) and $100 in the first quarter of 2022 and 2021, respectively.