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Segments (Tables)
9 Months Ended
Oct. 01, 2022
Segment Reporting [Abstract]  
Segments

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

 

 

 

Three Months (13 Weeks) Ended

 

 

Nine Months (39 Weeks) Ended

 

 

 

October 1, 2022

 

 

October 2, 2021

 

 

October 1, 2022

 

 

October 2, 2021

 

Net sales to external customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

5,908,153

 

 

$

6,862,133

 

 

$

19,682,829

 

 

$

17,380,819

 

Steel products

 

 

4,087,107

 

 

 

2,744,279

 

 

 

11,253,143

 

 

 

6,795,441

 

Raw materials

 

 

505,495

 

 

 

706,811

 

 

 

1,852,539

 

 

 

1,943,267

 

 

 

$

10,500,755

 

 

$

10,313,223

 

 

$

32,788,511

 

 

$

26,119,527

 

Intercompany sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

1,486,378

 

 

$

1,840,007

 

 

$

4,843,199

 

 

$

4,561,418

 

Steel products

 

 

139,146

 

 

 

93,910

 

 

 

391,141

 

 

 

245,523

 

Raw materials

 

 

3,690,120

 

 

 

4,355,702

 

 

 

11,382,329

 

 

 

12,011,705

 

Corporate/eliminations

 

 

(5,315,644

)

 

 

(6,289,619

)

 

 

(16,616,669

)

 

 

(16,818,646

)

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Earnings before income taxes and

   noncontrolling interests:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

1,287,855

 

 

$

3,116,539

 

 

$

6,682,432

 

 

$

6,606,320

 

Steel products

 

 

1,196,845

 

 

 

368,595

 

 

 

3,011,644

 

 

 

839,737

 

Raw materials

 

 

279,189

 

 

 

161,870

 

 

 

638,640

 

 

 

505,248

 

Corporate/eliminations

 

 

(440,967

)

 

 

(777,897

)

 

 

(1,621,277

)

 

 

(1,758,204

)

 

 

$

2,322,922

 

 

$

2,869,107

 

 

$

8,711,439

 

 

$

6,193,101

 

 

 

 

October 1, 2022

 

 

Dec. 31, 2021

 

Segment assets:

 

 

 

 

 

 

 

 

Steel mills

 

$

14,678,511

 

 

$

13,235,463

 

Steel products

 

 

12,556,428

 

 

 

7,845,010

 

Raw materials

 

 

3,616,466

 

 

 

3,870,806

 

Corporate/eliminations

 

 

1,221,299

 

 

 

871,793

 

 

 

$

32,072,704

 

 

$

25,823,072