XML 37 R30.htm IDEA: XBRL DOCUMENT v3.24.3
Stockholders' Equity (Tables)
9 Months Ended
Sep. 28, 2024
Equity [Abstract]  
Schedule Of Changes In Stock Holders Equity

The following tables reflect the changes in stockholders’ equity attributable to Nucor and the noncontrolling interests of Nucor’s joint ventures, Nucor-Yamato Steel Company (Limited Partnership) (“NYS”), California Steel Industries, Inc. (“CSI”) and NJSM - in each of which Nucor owns 51% (the third of which Nucor acquired an additional 1% interest in the fourth quarter of 2023, bringing its total equity ownership to a 51% controlling interest), for the three months and nine months ended September 28, 2024 and September 30, 2023 (in thousands):

 

 

 

 

 

 

Three Months (13 Weeks) Ended September 28, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, June 29, 2024

 

$

21,772,508

 

 

 

380,154

 

 

$

152,061

 

 

$

2,189,371

 

 

$

29,991,834

 

 

$

(177,638

)

 

 

142,816

 

 

$

(11,432,103

)

 

$

20,723,525

 

 

$

1,048,983

 

Net earnings before noncontrolling interests

 

 

302,825

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

249,910

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

249,910

 

 

 

52,915

 

Other comprehensive income (loss)

 

 

9,405

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

9,405

 

 

 

-

 

 

 

-

 

 

 

9,405

 

 

 

-

 

Stock options exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Stock option expense

 

 

346

 

 

 

-

 

 

 

-

 

 

 

346

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

346

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

18,575

 

 

 

-

 

 

 

-

 

 

 

15,627

 

 

 

-

 

 

 

-

 

 

 

(40

)

 

 

2,948

 

 

 

18,575

 

 

 

-

 

Amortization of unearned
   compensation

 

 

2,584

 

 

 

-

 

 

 

-

 

 

 

2,584

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,584

 

 

 

-

 

Treasury stock acquired and net impact of excise tax

 

 

(403,409

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,565

 

 

 

(403,409

)

 

 

(403,409

)

 

 

-

 

Cash dividends declared

 

 

(128,078

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(128,078

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(128,078

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(18,215

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(18,215

)

BALANCES, September 28, 2024

 

$

21,556,541

 

 

 

380,154

 

 

$

152,061

 

 

$

2,207,928

 

 

$

30,113,666

 

 

$

(168,233

)

 

 

145,341

 

 

$

(11,832,564

)

 

$

20,472,858

 

 

$

1,083,683

 

 

 

 

 

 

 

 

Nine Months (39 Weeks) Ended September 28, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, December 31, 2023

 

$

22,123,754

 

 

 

380,154

 

 

$

152,061

 

 

$

2,176,243

 

 

$

28,762,045

 

 

$

(162,072

)

 

 

135,252

 

 

$

(9,987,643

)

 

$

20,940,634

 

 

$

1,183,120

 

Net earnings before noncontrolling interests

 

 

1,973,930

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,739,968

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,739,968

 

 

 

233,962

 

Other comprehensive income (loss)

 

 

(6,161

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(6,161

)

 

 

-

 

 

 

-

 

 

 

(6,161

)

 

 

-

 

Stock options exercised

 

 

2,880

 

 

 

-

 

 

 

-

 

 

 

(1,570

)

 

 

-

 

 

 

-

 

 

 

(58

)

 

 

4,450

 

 

 

2,880

 

 

 

-

 

Stock option expense

 

 

4,364

 

 

 

-

 

 

 

-

 

 

 

4,364

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,364

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

90,865

 

 

 

-

 

 

 

-

 

 

 

21,207

 

 

 

-

 

 

 

-

 

 

 

(886

)

 

 

69,658

 

 

 

90,865

 

 

 

-

 

Amortization of unearned
   compensation

 

 

7,684

 

 

 

-

 

 

 

-

 

 

 

7,684

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

7,684

 

 

 

-

 

Treasury stock acquired and net impact of excise tax

 

 

(1,919,029

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

11,033

 

 

 

(1,919,029

)

 

 

(1,919,029

)

 

 

-

 

Cash dividends declared

 

 

(388,347

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(388,347

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(388,347

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(333,399

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(333,399

)

BALANCES, September 28, 2024

 

$

21,556,541

 

 

 

380,154

 

 

$

152,061

 

 

$

2,207,928

 

 

$

30,113,666

 

 

$

(168,233

)

 

 

145,341

 

 

$

(11,832,564

)

 

$

20,472,858

 

 

$

1,083,683

 

 

 

 

 

 

 

 

Three Months (13 Weeks) Ended September 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, July 1, 2023

 

$

20,940,928

 

 

 

380,154

 

 

$

152,061

 

 

$

2,149,693

 

 

$

27,095,661

 

 

$

(128,972

)

 

 

131,431

 

 

$

(9,314,764

)

 

$

19,953,679

 

 

$

987,249

 

Net earnings before noncontrolling interests

 

 

1,221,255

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,141,506

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,141,506

 

 

 

79,749

 

Other comprehensive income (loss)

 

 

(19,855

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(19,855

)

 

 

-

 

 

 

-

 

 

 

(19,855

)

 

 

-

 

Stock options exercised

 

 

3,227

 

 

 

-

 

 

 

-

 

 

 

(386

)

 

 

-

 

 

 

-

 

 

 

(50

)

 

 

3,613

 

 

 

3,227

 

 

 

-

 

Stock option expense

 

 

392

 

 

 

-

 

 

 

-

 

 

 

392

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

392

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-

 

 

 

 

Issuance of stock under award plans,
   net of forfeitures

 

 

16,353

 

 

 

-

 

 

 

-

 

 

 

14,337

 

 

 

-

 

 

 

-

 

 

 

(28

)

 

 

2,016

 

 

 

16,353

 

 

 

-

 

Amortization of unearned
   compensation

 

 

1,599

 

 

 

-

 

 

 

-

 

 

 

1,599

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,599

 

 

 

-

 

Treasury stock acquired and net impact of excise tax

 

 

(504,242

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,962

 

 

 

(504,242

)

 

 

(504,242

)

 

 

-

 

Cash dividends declared

 

 

(126,942

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(126,942

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(126,942

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(23,633

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(23,633

)

BALANCES, September 30, 2023

 

$

21,509,082

 

 

 

380,154

 

 

$

152,061

 

 

$

2,165,635

 

 

$

28,110,225

 

 

$

(148,827

)

 

 

134,315

 

 

$

(9,813,377

)

 

$

20,465,717

 

 

$

1,043,365

 

 

 

 

 

 

 

Nine Months (39 Weeks) Ended September 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, December 31, 2022

 

$

19,569,906

 

 

 

380,154

 

 

$

152,061

 

 

$

2,143,520

 

 

$

24,754,873

 

 

$

(137,517

)

 

 

126,661

 

 

$

(8,498,243

)

 

$

18,414,694

 

 

$

1,155,212

 

Net earnings before noncontrolling interests

 

 

4,039,959

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,739,402

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,739,402

 

 

 

300,557

 

Other comprehensive income (loss)

 

 

(11,310

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(11,310

)

 

 

-

 

 

 

-

 

 

 

(11,310

)

 

 

-

 

Stock options exercised

 

 

10,350

 

 

 

-

 

 

 

-

 

 

 

(2,135

)

 

 

-

 

 

 

-

 

 

 

(181

)

 

 

12,485

 

 

 

10,350

 

 

 

-

 

Stock option expense

 

 

4,314

 

 

 

-

 

 

 

-

 

 

 

4,314

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,314

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

76,322

 

 

 

-

 

 

 

-

 

 

 

15,072

 

 

 

-

 

 

 

-

 

 

 

(917

)

 

 

61,250

 

 

 

76,322

 

 

 

-

 

Amortization of unearned
   compensation

 

 

4,864

 

 

 

-

 

 

 

-

 

 

 

4,864

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,864

 

 

 

-

 

Treasury stock acquired and net impact of excise tax

 

 

(1,388,869

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

8,752

 

 

 

(1,388,869

)

 

 

(1,388,869

)

 

 

-

 

Cash dividends declared

 

 

(384,050

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(384,050

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(384,050

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(412,404

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(412,404

)

BALANCES, September 30, 2023

 

$

21,509,082

 

 

 

380,154

 

 

$

152,061

 

 

$

2,165,635

 

 

$

28,110,225

 

 

$

(148,827

)

 

 

134,315

 

 

$

(9,813,377

)

 

$

20,465,717

 

 

$

1,043,365