XML 41 R29.htm IDEA: XBRL DOCUMENT v3.22.2
Stockholders' Equity (Tables)
 6 Months Ended
Jul. 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”), in both of which Nucor owns 51%, for the three months and six months ended July 2, 2022 and July 3, 2021 (in thousands):

 

 

 

 

 

 

 

Three Months (13 Weeks) Ended July 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, 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

 

Net earnings

 

 

2,727,237

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,561,233

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,561,233

 

 

 

166,004

 

Other comprehensive income (loss)

 

 

(26,306

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(26,306

)

 

 

-

 

 

 

-

 

 

 

(26,306

)

 

 

-

 

Stock options exercised

 

 

2,233

 

 

 

-

 

 

 

-

 

 

 

(802

)

 

 

-

 

 

 

-

 

 

 

(49

)

 

 

3,035

 

 

 

2,233

 

 

 

-

 

Stock option expense

 

 

3,964

 

 

 

-

 

 

 

-

 

 

 

3,964

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,964

 

 

 

-

 

Issuance of stock under award plans,

   net of forfeitures

 

 

(3,546

)

 

 

-

 

 

 

-

 

 

 

(52,313

)

 

 

-

 

 

 

-

 

 

 

(775

)

 

 

48,767

 

 

 

(3,546

)

 

 

-

 

Amortization of unearned

   compensation

 

 

1,200

 

 

 

-

 

 

 

-

 

 

 

1,200

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,200

 

 

 

-

 

Treasury stock acquired

 

 

(802,569

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

5,100

 

 

 

(802,569

)

 

 

(802,569

)

 

 

-

 

Cash dividends declared

 

 

(132,127

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(132,127

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(132,127

)

 

 

-

 

Distributions to noncontrolling

   interests

 

 

(56,977

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(56,977

)

Acquisition of noncontrolling interest in CSI

 

 

(3,421

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(3,421

)

BALANCES, July 2, 2022

 

$

17,852,808

 

 

 

380,154

 

 

$

152,061

 

 

$

2,115,178

 

 

$

22,064,383

 

 

$

(70,810

)

 

 

118,368

 

 

$

(7,452,168

)

 

$

16,808,644

 

 

$

1,044,164

 

 

 

 

 

 

 

 

 

Six Months (26 Weeks) Ended July 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

 

 

4,954,352

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,656,856

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,656,856

 

 

 

297,496

 

Other comprehensive income (loss)

 

 

44,472

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

44,472

 

 

 

-

 

 

 

-

 

 

 

44,472

 

 

 

-

 

Stock options exercised

 

 

18,819

 

 

 

-

 

 

 

-

 

 

 

(1,309

)

 

 

-

 

 

 

-

 

 

 

(359

)

 

 

20,128

 

 

 

18,819

 

 

 

-

 

Stock option expense

 

 

4,422

 

 

 

-

 

 

 

-

 

 

 

4,422

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,422

 

 

 

-

 

Issuance of stock under award plans,

   net of forfeitures

 

 

39,552

 

 

 

-

 

 

 

-

 

 

 

(31,143

)

 

 

-

 

 

 

-

 

 

 

(1,163

)

 

 

70,695

 

 

 

39,552

 

 

 

-

 

Amortization of unearned

   compensation

 

 

2,600

 

 

 

-

 

 

 

-

 

 

 

2,600

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,600

 

 

 

-

 

Treasury stock acquired

 

 

(1,707,893

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

12,148

 

 

 

(1,707,893

)

 

 

(1,707,893

)

 

 

-

 

Cash dividends declared

 

 

(266,573

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(266,573

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(266,573

)

 

 

-

 

Distributions to noncontrolling

   interests

 

 

(268,535

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(268,535

)

Acquisition of noncontrolling interest in CSI

 

 

427,798

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

427,798

 

BALANCES, July 2, 2022

 

$

17,852,808

 

 

 

380,154

 

 

$

152,061

 

 

$

2,115,178

 

 

$

22,064,383

 

 

$

(70,810

)

 

 

118,368

 

 

$

(7,452,168

)

 

$

16,808,644

 

 

$

1,044,164

 

 


 

 

 

 

 

 

 

 

Three Months (13 Weeks) Ended July 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, 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

 

Net earnings

 

 

1,571,459

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,506,868

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,506,868

 

 

 

64,591

 

Other comprehensive income (loss)

 

 

29,831

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

29,831

 

 

 

-

 

 

 

-

 

 

 

29,831

 

 

 

-

 

Stock options exercised

 

 

21,276

 

 

 

-

 

 

 

-

 

 

 

5,337

 

 

 

-

 

 

 

-

 

 

 

(419

)

 

 

15,939

 

 

 

21,276

 

 

 

-

 

Stock option expense

 

 

2,575

 

 

 

-

 

 

 

-

 

 

 

2,575

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,575

 

 

 

-

 

Issuance of stock under award plans,

   net of forfeitures

 

 

(18,338

)

 

 

-

 

 

 

-

 

 

 

(50,566

)

 

 

-

 

 

 

-

 

 

 

(799

)

 

 

32,228

 

 

 

(18,338

)

 

 

-

 

Amortization of unearned

   compensation

 

 

(1,100

)

 

 

-

 

 

 

-

 

 

 

(1,100

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(1,100

)

 

 

-

 

Treasury stock acquired

 

 

(614,286

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

6,765

 

 

 

(614,286

)

 

 

(614,286

)

 

 

-

 

Cash dividends declared

 

 

(120,088

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(120,088

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(120,088

)

 

 

-

 

Distributions to noncontrolling

   interests

 

 

(23,401

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(23,401

)

BALANCES, July 3, 2021

 

$

12,709,651

 

 

 

380,154

 

 

$

152,061

 

 

$

2,117,155

 

 

$

13,550,406

 

 

$

(73,729

)

 

 

86,459

 

 

$

(3,491,915

)

 

$

12,253,978

 

 

$

455,673

 

 

 

 

 

 

 

 

Six Months (26 Weeks) Ended July 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

 

 

2,558,973

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,449,300

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,449,300

 

 

 

109,673

 

Other comprehensive income (loss)

 

 

45,132

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

45,132

 

 

 

-

 

 

 

-

 

 

 

45,132

 

 

 

-

 

Stock options exercised

 

 

128,800

 

 

 

-

 

 

 

-

 

 

 

35,825

 

 

 

-

 

 

 

-

 

 

 

(2,554

)

 

 

92,975

 

 

 

128,800

 

 

 

-

 

Stock option expense

 

 

2,908

 

 

 

-

 

 

 

-

 

 

 

2,908

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,908

 

 

 

-

 

Issuance of stock under award plans,

   net of forfeitures

 

 

(2,736

)

 

 

-

 

 

 

-

 

 

 

(43,666

)

 

 

-

 

 

 

-

 

 

 

(1,041

)

 

 

40,930

 

 

 

(2,736

)

 

 

-

 

Amortization of unearned

   compensation

 

 

800

 

 

 

-

 

 

 

-

 

 

 

800

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

800

 

 

 

-

 

Treasury stock acquired

 

 

(916,145

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

12,145

 

 

 

(916,145

)

 

 

(916,145

)

 

 

-

 

Cash dividends declared

 

 

(242,746

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(242,746

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(242,746

)

 

 

-

 

Distributions to noncontrolling

   interests

 

 

(97,196

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(97,196

)

BALANCES, July 3, 2021

 

$

12,709,651

 

 

 

380,154

 

 

$

152,061

 

 

$

2,117,155

 

 

$

13,550,406

 

 

$

(73,729

)

 

 

86,459

 

 

$

(3,491,915

)

 

$

12,253,978

 

 

$

455,673