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Segments (Tables)
6 Months Ended
Jul. 02, 2022
Segment Reporting [Abstract]  
Segments

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

 

 

 

Three Months (13 Weeks) Ended

 

 

Six Months (26 Weeks) Ended

 

 

 

July 2, 2022

 

 

July 3, 2021

 

 

July 2, 2022

 

 

July 3, 2021

 

Net sales to external customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

7,256,067

 

 

$

5,909,909

 

 

$

13,774,676

 

 

$

10,518,686

 

Steel products

 

 

3,842,948

 

 

 

2,241,107

 

 

 

7,166,036

 

 

 

4,051,162

 

Raw materials

 

 

695,459

 

 

 

638,148

 

 

 

1,347,044

 

 

 

1,236,456

 

 

 

$

11,794,474

 

 

$

8,789,164

 

 

$

22,287,756

 

 

$

15,806,304

 

Intercompany sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

1,763,563

 

 

$

1,496,298

 

 

$

3,356,821

 

 

$

2,721,411

 

Steel products

 

 

117,289

 

 

 

80,394

 

 

 

251,995

 

 

 

151,613

 

Raw materials

 

 

4,145,690

 

 

 

4,009,808

 

 

 

7,692,209

 

 

 

7,656,003

 

Corporate/eliminations

 

 

(6,026,542

)

 

 

(5,586,500

)

 

 

(11,301,025

)

 

 

(10,529,027

)

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Earnings before income taxes and

   noncontrolling interests:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

2,815,723

 

 

$

2,174,807

 

 

$

5,394,577

 

 

$

3,489,781

 

Steel products

 

 

1,129,932

 

 

 

259,330

 

 

 

1,814,799

 

 

 

471,142

 

Raw materials

 

 

263,598

 

 

 

120,143

 

 

 

359,451

 

 

 

343,378

 

Corporate/eliminations

 

 

(718,851

)

 

 

(528,532

)

 

 

(1,180,310

)

 

 

(980,307

)

 

 

$

3,490,402

 

 

$

2,025,748

 

 

$

6,388,517

 

 

$

3,323,994

 

 

 

 

July 2, 2022

 

 

Dec. 31, 2021

 

Segment assets:

 

 

 

 

 

 

 

 

Steel mills

 

$

15,255,411

 

 

$

13,235,463

 

Steel products

 

 

12,464,340

 

 

 

7,845,010

 

Raw materials

 

 

3,678,516

 

 

 

3,870,806

 

Corporate/eliminations

 

 

270,190

 

 

 

871,793

 

 

 

$

31,668,457

 

 

$

25,823,072