Acquisitions (Tables)

3 Months Ended

Apr. 02, 2022

Summary of Fair Values of Assets and Liabilities

The following table summarizes the fair values of 100% of the assets and liabilities of CSI, as well as the fair value of the 49% noncontrolling interest not acquired by Nucor, as of February 1, 2022, the date of the acquisition of Nucor’s 51% controlling ownership position (in thousands):

Cash	$	98,537
Accounts receivable		159,257
Inventory		354,614
Other current assets		5,298
Property, plant and equipment		561,812
Goodwill		69,097
Other intangible assets	—
Other assets		11,973
Total assets acquired		1,260,588
Current portion of long-term debt		9,826
Other current liabilities		162,808
Long-term debt due after one year		67,866
Other liabilities		140,050
Total liabilities assumed		380,550
Net assets acquired at 100%		880,038
Less: Fair value of noncontrolling interest		431,219
Net assets acquired at 51%	$	448,819