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Segments (Tables)
6 Months Ended
Jun. 29, 2024
Segment Reporting [Abstract]  
Segments

Nucor’s results by segment for the second quarter and first six months of 2024 and 2023 were as follows (in thousands):

 

 

 

Three Months (13 Weeks) Ended

 

 

Six Months (26 Weeks) Ended

 

 

 

June 29, 2024

 

 

July 1, 2023

 

 

June 29, 2024

 

 

July 1, 2023

 

Net sales to external customers:

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

4,858,205

 

 

$

5,565,772

 

 

$

10,026,983

 

 

$

10,545,029

 

Steel products

 

 

2,702,776

 

 

 

3,442,862

 

 

 

5,219,644

 

 

 

6,718,859

 

Raw materials

 

 

516,191

 

 

 

514,622

 

 

 

967,628

 

 

 

969,348

 

 

$

8,077,172

 

 

$

9,523,256

 

 

$

16,214,255

 

 

$

18,233,236

 

Intercompany sales:

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

1,171,861

 

 

$

1,361,066

 

 

$

2,422,724

 

 

$

2,524,698

 

Steel products

 

 

155,025

 

 

 

100,257

 

 

 

292,469

 

 

 

200,618

 

Raw materials

 

 

2,749,174

 

 

 

3,588,629

 

 

 

5,859,203

 

 

 

6,759,521

 

Corporate/eliminations

 

 

(4,076,060

)

 

 

(5,049,952

)

 

 

(8,574,396

)

 

 

(9,484,837

)

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Earnings before income taxes and
   noncontrolling interests:

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

645,315

 

 

$

1,403,547

 

 

$

1,747,566

 

 

$

2,241,935

 

Steel products

 

 

441,391

 

 

 

1,010,789

 

 

 

952,950

 

 

 

1,981,591

 

Raw materials

 

 

39,396

 

 

 

138,411

 

 

 

48,977

 

 

 

196,551

 

Corporate/eliminations

 

 

(227,939

)

 

 

(502,965

)

 

 

(625,989

)

 

 

(773,511

)

 

$

898,163

 

 

$

2,049,782

 

 

$

2,123,504

 

 

$

3,646,566

 

 

 

 

June 29, 2024

 

 

Dec. 31, 2023

 

Segment assets:

 

 

 

 

 

 

Steel mills

 

$

15,754,570

 

 

$

15,407,266

 

Steel products

 

 

11,063,154

 

 

 

10,914,870

 

Raw materials

 

 

3,477,728

 

 

 

3,546,759

 

Corporate/eliminations

 

 

3,889,773

 

 

 

5,471,604

 

 

 

$

34,185,225

 

 

$

35,340,499