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Segments (Tables)
3 Months Ended
Apr. 02, 2022
Segment Reporting [Abstract]  
Segments

Nucor’s results by segment for the first quarter of 2022 and 2021 were as follows (in thousands):

 

 

 

Three Months (13 Weeks) Ended

 

 

 

April 2, 2022

 

 

April 3, 2021

 

Net sales to external customers:

 

 

 

 

 

 

 

 

Steel mills

 

$

6,518,609

 

 

$

4,608,777

 

Steel products

 

 

3,323,088

 

 

 

1,810,055

 

Raw materials

 

 

651,585

 

 

 

598,308

 

 

 

$

10,493,282

 

 

$

7,017,140

 

Intercompany sales:

 

 

 

 

 

 

 

 

Steel mills

 

$

1,593,258

 

 

$

1,225,113

 

Steel products

 

 

134,706

 

 

 

71,219

 

Raw materials

 

 

3,546,519

 

 

 

3,646,195

 

Corporate/eliminations

 

 

(5,274,483

)

 

 

(4,942,527

)

 

 

$

-

 

 

$

-

 

Earnings before income taxes and

   noncontrolling interests:

 

 

 

 

 

 

 

 

Steel mills

 

$

2,578,854

 

 

$

1,314,974

 

Steel products

 

 

684,867

 

 

 

211,812

 

Raw materials

 

 

95,853

 

 

 

223,235

 

Corporate/eliminations

 

 

(461,459

)

 

 

(451,775

)

 

 

$

2,898,115

 

 

$

1,298,246

 

 

 

 

April 2, 2022

 

 

Dec. 31, 2021

 

Segment assets:

 

 

 

 

 

 

 

 

Steel mills

 

$

14,458,171

 

 

$

13,235,463

 

Steel products

 

 

8,014,507

 

 

 

7,845,010

 

Raw materials

 

 

3,709,087

 

 

 

3,870,806

 

Corporate/eliminations

 

 

2,451,103

 

 

 

871,793

 

 

 

$

28,632,868

 

 

$

25,823,072