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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and equivalents $ 1,420,497 $ 1,243,868
Short-term investments 583,211  
Accounts receivable, net 2,255,206 1,911,385
Accounts receivable-related parties 78,788 5,049
Inventories 3,376,532 3,531,130
Other current assets 99,210 209,591
Total current assets 7,813,444 6,901,023
Property, plant and equipment, net 5,146,606 4,751,430
Intangible assets, net 276,586 295,345
Goodwill 451,594 453,835
Other assets 359,468 129,601
Total assets 14,047,698 12,531,234
Current liabilities    
Accounts payable 1,153,299 1,266,833
Accounts payable-related parties 11,848 13,722
Income taxes payable 41,121 13,746
Accrued payroll and benefits 545,311 539,812
Accrued interest 33,535 17,533
Accrued expenses 323,331 278,549
Current maturities of long-term debt 22,951 97,174
Total current liabilities 2,131,396 2,227,369
Long-term debt 3,012,120 3,008,702
Deferred income taxes 856,650 854,905
Other liabilities 112,327 120,087
Total liabilities 6,112,493 6,211,063
Commitments and contingencies
Redeemable noncontrolling interests 172,403 211,414
Equity    
Common stock voting, $0.0025 par value; 900,000,000 shares authorized; 267,228,549 and 267,224,622 shares issued; and 176,563,632 and 194,997,922 shares outstanding, as of September 30, 2022 and December 31, 2021, respectively 649 649
Treasury stock, at cost; 90,664,917 and 72,226,700 shares, as of September 30, 2022 and December 31, 2021, respectively (4,046,555) (2,674,267)
Additional paid-in capital 1,219,947 1,218,933
Retained earnings 10,799,863 7,761,417
Accumulated other comprehensive income (loss) (2,748) (2,091)
Total Steel Dynamics, Inc. equity 7,971,156 6,304,641
Noncontrolling interests (208,354) (195,884)
Total equity 7,762,802 6,108,757
Total liabilities and equity $ 14,047,698 $ 12,531,234