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Segments (Tables)
9 Months Ended
Sep. 28, 2024
Segment Reporting [Abstract]  
Segments

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

 

 

 

Three Months (13 Weeks) Ended

 

 

Nine Months (39 Weeks) Ended

 

 

 

September 28, 2024

 

 

September 30, 2023

 

 

September 28, 2024

 

 

September 30, 2023

 

Net sales to external customers:

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

4,459,509

 

 

$

5,091,479

 

 

$

14,486,492

 

 

$

15,636,508

 

Steel products

 

 

2,496,160

 

 

 

3,235,969

 

 

 

7,715,804

 

 

 

9,954,828

 

Raw materials

 

 

488,491

 

 

 

448,286

 

 

 

1,456,119

 

 

 

1,417,634

 

 

$

7,444,160

 

 

$

8,775,734

 

 

$

23,658,415

 

 

$

27,008,970

 

Intercompany sales:

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

983,070

 

 

$

1,201,648

 

 

$

3,405,794

 

 

$

3,726,346

 

Steel products

 

 

124,159

 

 

 

132,481

 

 

 

416,628

 

 

 

333,099

 

Raw materials

 

 

2,743,191

 

 

 

2,894,079

 

 

 

8,602,394

 

 

 

9,653,600

 

Corporate/eliminations

 

 

(3,850,420

)

 

 

(4,228,208

)

 

 

(12,424,816

)

 

 

(13,713,045

)

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Earnings before income taxes and
   noncontrolling interests:

 

 

 

 

 

 

 

 

 

 

 

 

Steel mills

 

$

309,123

 

 

$

882,614

 

 

$

2,056,689

 

 

$

3,124,549

 

Steel products

 

 

313,972

 

 

 

806,731

 

 

 

1,266,922

 

 

 

2,788,322

 

Raw materials

 

 

(66,332

)

 

 

71,367

 

 

 

(17,355

)

 

 

267,918

 

Corporate/eliminations

 

 

(168,490

)

 

 

(212,630

)

 

 

(794,479

)

 

 

(986,141

)

 

$

388,273

 

 

$

1,548,082

 

 

$

2,511,777

 

 

$

5,194,648

 

 

 

 

September 28, 2024

 

 

December 31, 2023

 

Segment assets:

 

 

 

 

 

 

Steel mills

 

$

16,122,916

 

 

$

15,407,266

 

Steel products

 

 

11,516,513

 

 

 

10,914,870

 

Raw materials

 

 

3,406,496

 

 

 

3,546,759

 

Corporate/eliminations

 

 

3,300,266

 

 

 

5,471,604

 

 

 

$

34,346,191

 

 

$

35,340,499