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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and equivalents $ 1,189,528 $ 1,243,868
Accounts receivable, net 2,285,245 1,911,385
Accounts receivable-related parties 78,423 5,049
Inventories 3,516,815 3,531,130
Other current assets 79,624 209,591
Total current assets 7,149,635 6,901,023
Property, plant and equipment, net 4,827,962 4,751,430
Intangible assets, net 288,183 295,345
Goodwill 453,088 453,835
Other assets 337,769 129,601
Total assets 13,056,637 12,531,234
Current liabilities    
Accounts payable 1,202,033 1,266,833
Accounts payable-related parties 11,525 13,722
Income taxes payable 229,360 13,746
Accrued payroll and benefits 275,621 539,812
Accrued interest 33,539 17,533
Accrued expenses 270,178 278,549
Current maturities of long-term debt 68,390 97,174
Total current liabilities 2,090,646 2,227,369
Long-term debt 3,010,109 3,008,702
Deferred income taxes 856,790 854,905
Other liabilities 120,918 120,087
Total liabilities 6,078,463 6,211,063
Commitments and contingencies
Redeemable noncontrolling interests 227,914 211,414
Equity    
Common stock voting, $0.0025 par value; 900,000,000 shares authorized; 267,224,622 and 267,224,622 shares issued; and 189,247,115 and 194,997,922 shares outstanding, as of March 31, 2022 and December 31, 2021, respectively 649 649
Treasury stock, at cost; 77,977,507 and 72,226,700 shares, as of March 31, 2022 and December 31, 2021, respectively (3,050,497) (2,674,267)
Additional paid-in capital 1,204,023 1,218,933
Retained earnings 8,800,883 7,761,417
Accumulated other comprehensive income (loss) 9,296 (2,091)
Total Steel Dynamics, Inc. equity 6,964,354 6,304,641
Noncontrolling interests (214,094) (195,884)
Total equity 6,750,260 6,108,757
Total liabilities and equity $ 13,056,637 $ 12,531,234