0001193125-22-265817.txt : 20221020 0001193125-22-265817.hdr.sgml : 20221020 20221020120632 ACCESSION NUMBER: 0001193125-22-265817 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20221020 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20221020 DATE AS OF CHANGE: 20221020 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUCOR CORP CENTRAL INDEX KEY: 0000073309 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 131860817 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04119 FILM NUMBER: 221320488 BUSINESS ADDRESS: STREET 1: 1915 REXFORD RD CITY: CHARLOTTE STATE: NC ZIP: 28211 BUSINESS PHONE: 7043667000 MAIL ADDRESS: STREET 1: 1915 REXFORD ROAD CITY: CHARLOTTE STATE: NC ZIP: 28211 FORMER COMPANY: FORMER CONFORMED NAME: NUCLEAR CORP OF AMERICA INC DATE OF NAME CHANGE: 19680911 FORMER COMPANY: FORMER CONFORMED NAME: AZTEC MECHANICAL CONTRACTORS INC DATE OF NAME CHANGE: 19660629 8-K 1 d411100d8k.htm 8-K 8-K
NUCOR CORP false 0000073309 0000073309 2022-10-20 2022-10-20

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 20, 2022

 

 

NUCOR CORPORATION

(Exact name of Registrant as Specified in Its Charter)

 

 

 

Delaware   1-4119   13-1860817

(State or Other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

1915 Rexford Road,

Charlotte, NC

   28211
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s Telephone Number, Including Area Code: (704) 366-7000

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading

Symbol(s)

  

Name of each exchange

on which registered

Common Stock, par value $0.40 per share   NUE   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 

Item 2.02.

Results of Operations and Financial Condition.

On October 20, 2022, Nucor Corporation issued a news release reporting its financial results for the quarter ended October 1, 2022. A copy of the news release is furnished as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01.

Financial Statements and Exhibits.

 

  (d)

Exhibits

 

99.1    News Release of Nucor Corporation dated October 20, 2022
104    Cover Page from this Current Report on Form 8-K, formatted in Inline XBRL

The information contained in this Current Report on Form 8-K, including the exhibits attached hereto, is being furnished and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. Furthermore, the information contained in this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such registration statement or other document.

 

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  NUCOR CORPORATION
Date: October 20, 2022   By:  

/s/ Stephen D. Laxton

    Stephen D. Laxton
   

Chief Financial Officer, Treasurer and Executive

Vice President

 

2

EX-99.1 2 d411100dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

News Release    LOGO

Nucor Reports Results for the Third Quarter of 2022

CHARLOTTE, N.C. – October 20, 2022—Nucor Corporation (NYSE: NUE) today announced quarterly consolidated net earnings of $1.69 billion, or $6.50 per diluted share, for the third quarter of 2022. By comparison, Nucor reported consolidated net earnings of $2.56 billion, or $9.67 per diluted share, for the second quarter of 2022 and $2.13 billion, or $7.28 per diluted share, for the third quarter of 2021.

In the first nine months of 2022, Nucor reported consolidated net earnings of $6.35 billion, or $23.85 per diluted share, compared with consolidated net earnings of $4.58 billion, or $15.34 per diluted share, in the first nine months of 2021.

“Nucor has already achieved a record-breaking year for earnings per share through the first nine months of 2022 and we continue to believe that we will set a new record for full-year earnings in 2022. Additionally, Nucor set benchmarks with the Safest year in our history in both 2020 and 2021 and we are on track to have the Safest year in history in 2022. While economic uncertainty and inflation continue to put pressure across a myriad of sectors in the U.S., we believe the medium- and long-term outlook and fundamentals in our industry remain positive,” said Leon Topalian, Nucor’s Chair, President and Chief Executive Officer. “We believe our growth investments and acquisitions continue to position Nucor to meet and exceed our customers’ and shareholders’ expectations today and well into the future.”

Selected Segment Data

Earnings before income taxes and noncontrolling interests by segment for the third quarter and first nine months of 2022 and 2021 were as follows (in thousands):

 

         Three Months (13 Weeks) Ended              Nine Months (39 Weeks) Ended      
     Oct. 1, 2022      Oct. 2, 2021      Oct. 1, 2022      Oct. 2, 2021  

Steel mills

    $ 1,287,855      $ 3,116,539      $ 6,682,432      $ 6,606,320  

Steel products

      1,196,845        368,595        3,011,644        839,737  

Raw materials

      279,189        161,870        638,640        505,248  

Corporate/eliminations

      (440,967 )       (777,897 )       (1,621,277 )       (1,758,204 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 2,322,922      $ 2,869,107      $ 8,711,439      $ 6,193,101  
  

 

 

     

 

 

     

 

 

     

 

 

  

Financial Review

Nucor’s consolidated net sales decreased 11% to $10.50 billion in the third quarter of 2022 compared with $11.79 billion in the second quarter of 2022 and increased 2% compared with $10.31 billion in the third quarter of 2021. Average sales price per ton in the third quarter of 2022 decreased 3% compared with the second quarter of 2022 and increased 14% compared with the third quarter of 2021. A total of 6,415,000 tons were shipped to outside customers in the third quarter of 2022, an 8% decrease from the second quarter of 2022 and an 11% decrease from the third quarter of 2021. Total steel mill shipments in the third quarter of

 

Page 1 of 9

Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

News Release    LOGO
Nucor Reports Results for the Third Quarter of 2022 (Continued)

 

2022 decreased 9% as compared to the second quarter of 2022 and decreased 10% as compared to the third quarter of 2021. Steel mill shipments to internal customers represented 22% of total steel mill shipments in the third quarter of 2022, compared with 22% in the second quarter of 2022 and 21% in the third quarter of 2021. Downstream steel product shipments to outside customers in the third quarter of 2022 decreased 2% from the second quarter of 2022 and decreased 1% compared to the third quarter of 2021.

In the first nine months of 2022, Nucor’s consolidated net sales of $32.79 billion were an increase of 26% compared with consolidated net sales of $26.12 billion reported in the first nine months of 2021. Total tons shipped to outside customers in the first nine months of 2022 were 19,786,000, a decrease of 9% from the first nine months of 2021, while the average sales price per ton in the first nine months of 2022 increased 39% from the first nine months of 2021.

The average scrap and scrap substitute cost per gross ton used in the third quarter of 2022 was $502, a 6% decrease compared to $534 in the second quarter of 2022 and a 2% decrease compared to $511 in the third quarter of 2021. The average scrap and scrap substitute cost per gross ton used in the first nine months of 2022 was $511, a 12% increase compared to $457 in the first nine months of 2021.

Pre-operating and start-up costs related to the Company’s growth projects were approximately $52 million, or $0.15 per diluted share, in the third quarter of 2022, compared with approximately $60 million, or $0.17 per diluted share, in the second quarter of 2022 and approximately $36 million, or $0.09 per diluted share, in the third quarter of 2021.

In the first nine months of 2022, pre-operating and start-up costs related to the Company’s growth projects were approximately $174 million, or $0.50 per diluted share, compared with approximately $76 million, or $0.19 per diluted share, in the first nine months of 2021.

Overall operating rates at the Company’s steel mills decreased to 77% in the third quarter of 2022 as compared to 85% in the second quarter of 2022 and 96% in the third quarter of 2021. Operating rates in the first nine months of 2022 decreased to 80% as compared to 96% in the first nine months of 2021.

Financial Strength

At the end of the third quarter of 2022, we had $3.51 billion in cash and cash equivalents, short-term investments and restricted cash and cash equivalents on hand. The Company’s $1.75 billion revolving credit facility remains undrawn and does not expire until November 2026. Nucor continues to have the strongest credit rating in the North American steel sector (Baa1/A-) with stable outlooks at both Moody’s and Standard & Poor’s.

 

Page 2 of 9

Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

News Release    LOGO
Nucor Reports Results for the Third Quarter of 2022 (Continued)

 

Commitment to Returning Capital to Stockholders

During the third quarter of 2022, Nucor repurchased approximately 5.3 million shares of its common stock at an average price of $122.24 per share (approximately 17.5 million shares year-to-date at an average price of $134.99 per share). As of October 1, 2022, Nucor had approximately 257,000,000 shares outstanding and approximately $1.49 billion remaining for repurchases under its existing authorized share repurchase program. This share repurchase authorization is discretionary and has no scheduled expiration date.

On September 15, 2022, Nucor’s board of directors declared a cash dividend of $0.50 per share. This cash dividend is payable on November 10, 2022 to stockholders of record as of September 30, 2022 and is Nucor’s 198th consecutive quarterly cash dividend.

Third Quarter of 2022 Analysis

The primary driver for the decrease in earnings in the third quarter of 2022 as compared to the second quarter of 2022 was the decreased earnings of the steel mills segment. The decrease in the steel mills segment earnings was caused primarily by metal margin contraction and reduced shipping volumes, particularly at our sheet and plate mills. The steel products segment had another strong quarter in the third quarter of 2022, and its earnings increased modestly from the second quarter of 2022. Raw materials segment earnings increased in the third quarter of 2022 as compared to the second quarter of 2022 as decreased profitability in our scrap brokerage and processing operations was offset by the increased profitability of our direct reduced iron facilities.

Fourth Quarter of 2022 Outlook

We continue to believe that 2022 will be the most profitable year for earnings in Nucor’s history. As we approach the end of the year, we are seeing increasingly challenging market conditions amid economic uncertainty.

We expect fourth quarter of 2022 earnings to be decreased from the third quarter of 2022. In the steel mills segment, we expect considerably lower earnings in the fourth quarter of 2022 as compared to the third quarter of 2022 due to lower average selling prices and lower volumes, with the largest decrease in profitability expected at our sheet mills. The steel products segment is expected to have another strong quarter in the fourth quarter of 2022, but the segment’s profitability is anticipated to decrease from the third quarter of 2022 primarily due to typical seasonality experienced in the fourth quarter. The raw materials segment is expected to have significantly decreased earnings in the fourth quarter of 2022 as compared to the third quarter of 2022 due to decreased selling prices for raw materials.

 

Page 3 of 9

Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

News Release    LOGO
Nucor Reports Results for the Third Quarter of 2022 (Continued)

 

Earnings Conference Call

You are invited to listen to the live broadcast of Nucor’s conference call during which management will discuss Nucor’s third quarter results on October 20, 2022 at 2:00 p.m. Eastern Time. The conference call will be available over the Internet at www.nucor.com, under Investors.

About Nucor

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel — in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America’s largest recycler.

Forward-Looking Statements

Certain statements contained in this news release are “forward-looking statements” that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words “anticipate,” “believe,” “expect,” “intend,” “project,” “may,” “will,” “should,” “could” and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company’s best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company’s actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to general market conditions, and in particular, prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties and volatility surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including

 

Page 4 of 9

Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

News Release    LOGO
Nucor Reports Results for the Third Quarter of 2022 (Continued)

 

legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; (14) our ability to integrate businesses we acquire; and (15) the impact of the COVID-19 pandemic and any variants of the virus. These and other factors are discussed in Nucor’s regulatory filings with the United States Securities and Exchange Commission, including those in “Item 1A. Risk Factors” of Nucor’s Annual Report on Form 10-K for the year ended December 31, 2021. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.

Contact Information

For Investor/Analyst Inquiries—Paul Donnelly, 704-264-8807, or Gregg Lucas, 704-972-1841

For Media Inquiries—Katherine Miller, 704-353-9015

 

Page 5 of 9

Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

News Release    LOGO
Nucor Reports Results for the Third Quarter of 2022 (Continued)

 

Tonnage Data

(In thousands)

 

     Three Months (13 Weeks) Ended     Nine Months (39 Weeks) Ended  
     Oct. 1, 2022      Oct. 2, 2021      Percent
Change		     Oct. 1, 2022      Oct. 2, 2021      Percent
Change		  

Steel mills total shipments:

                 

Sheet

      2,677        2,789        -4 %      7,996        8,629        -7 % 

Bars

      2,169        2,350        -8 %      6,728        7,092        -5 % 

Structural

      583        738        -21 %      1,847        2,042        -10 % 

Plate

      379        605        -37 %      1,251        1,800        -31 % 

Other

      61        61        —         309        258        20 % 
  

 

 

     

 

 

     

 

 

    

 

 

     

 

 

     

 

 

  
     5,869        6,543        -10 %      18,131        19,821        -9 % 
  

 

 

     

 

 

     

 

 

    

 

 

     

 

 

     

 

 

  

Sales tons to outside customers:

                 

Steel mills

      4,553        5,144        -11 %      14,133        15,690        -10 % 

Joist

      160        190        -16 %      497        529        -6 % 

Deck

      129        139        -7 %      388        404        -4 % 

Cold finished

      112        123        -9 %      368        383        -4 % 

Rebar fabrication products

      350        323        8 %      980        943        4 % 

Piling

      119        144        -17 %      349        451        -23 % 

Tubular products

      231        260        -11 %      735        779        -6 % 

Other steel products

      190        128        48 %      520        337        54 % 

Raw materials

      571        721        -21 %      1,816        2,314        -22 % 
  

 

 

     

 

 

     

 

 

    

 

 

     

 

 

     

 

 

  
     6,415        7,172        -11 %      19,786        21,830        -9 % 
  

 

 

     

 

 

     

 

 

    

 

 

     

 

 

     

 

 

  

 

Page 6 of 9

Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

News Release    LOGO
Nucor Reports Results for the Third Quarter of 2022 (Continued)

 

Condensed Consolidated Statements of Earnings (Unaudited)

(In thousands, except per share data)

 

     Three Months (13 Weeks) Ended     Nine Months (39 Weeks) Ended  
     Oct. 1, 2022     Oct. 2, 2021     Oct. 1, 2022     Oct. 2, 2021  

Net sales

    $ 10,500,755     $ 10,313,223     $ 32,788,511     $ 26,119,527  
  

 

 

    

 

 

    

 

 

    

 

 

  

Costs, expenses and other:

         

Cost of products sold

      7,657,364       6,906,950       22,382,718       18,617,314  

Marketing, administrative and other expenses

      486,560       526,345       1,574,355       1,204,539  

Equity in earnings of unconsolidated affiliates

      (8,438 )      (32,464 )      (23,246 )      (65,106 ) 

Losses on assets

      —         —         —         50,970  

Interest expense, net

      42,347       43,285       143,245       118,709  
  

 

 

    

 

 

    

 

 

    

 

 

  
     8,177,833       7,444,116       24,077,072       19,926,426  
  

 

 

    

 

 

    

 

 

    

 

 

  

Earnings before income taxes and noncontrolling interests

      2,322,922       2,869,107       8,711,439       6,193,101  

Provision for income taxes

      523,879       645,842       1,958,044       1,410,863  
  

 

 

    

 

 

    

 

 

    

 

 

  

Net earnings

      1,799,043       2,223,265       6,753,395       4,782,238  

Earnings attributable to noncontrolling interests

      104,295       95,522       401,791       205,195  
  

 

 

    

 

 

    

 

 

    

 

 

  

Net earnings attributable to Nucor stockholders

    $ 1,694,748     $ 2,127,743     $ 6,351,604     $ 4,577,043  
  

 

 

    

 

 

    

 

 

    

 

 

  

Net earnings per share:

         

Basic

    $ 6.51     $ 7.29     $ 23.90     $ 15.37  

Diluted

    $ 6.50     $ 7.28     $ 23.85     $ 15.34  

Average shares outstanding:

         

Basic

      259,102       290,510       264,655       296,431  

Diluted

      259,526       291,152       265,239       296,928  

 

Page 7 of 9

Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

News Release    LOGO
Nucor Reports Results for the Third Quarter of 2022 (Continued)

 

Condensed Consolidated Balance Sheets (Unaudited)

(In thousands)

 

     Oct. 1, 2022     Dec. 31, 2021  

ASSETS

     

Current assets:

     

Cash and cash equivalents

    $ 3,049,864     $ 2,364,858  

Short-term investments

      377,426       253,005  

Accounts receivable, net

      4,200,643       3,853,972  

Inventories, net

      6,046,235       6,011,182  

Other current assets

      682,289       316,540  
  

 

 

    

 

 

  

Total current assets

      14,356,457       12,799,557  

Property, plant and equipment, net

      9,440,074       8,114,818  

Restricted cash and cash equivalents

      79,880       143,800  

Goodwill

      3,917,452       2,827,344  

Other intangible assets, net

      3,392,941       1,103,759  

Other assets

      885,900       833,794  
  

 

 

    

 

 

  

Total assets

    $ 32,072,704     $ 25,823,072  
  

 

 

    

 

 

  

LIABILITIES

     

Current liabilities:

     

Short-term debt

    $ 64,649     $ 107,723  

Current portion of long-term debt and finance lease obligations

      28,994       615,678  

Accounts payable

      1,810,388       1,974,041  

Salaries, wages and related accruals

      1,613,387       1,495,166  

Accrued expenses and other current liabilities

      1,114,671       964,805  
  

 

 

    

 

 

  

Total current liabilities

      4,632,089       5,157,413  

Long-term debt and finance lease obligations due after one year

      6,617,030       4,961,410  

Deferred credits and other liabilities

      1,998,906       1,100,455  
  

 

 

    

 

 

  

Total liabilities

      13,248,025       11,219,278  
  

 

 

    

 

 

  

Commitments and contingencies

     

EQUITY

     

Nucor stockholders’ equity:

     

Common stock

      152,061       152,061  

Additional paid-in capital

      2,128,521       2,140,608  

Retained earnings

      23,629,649       17,674,100  

Accumulated other comprehensive loss, net of income taxes

      (103,553 )      (115,282 ) 

Treasury stock

      (8,098,221 )      (5,835,098 ) 
  

 

 

    

 

 

  

Total Nucor stockholders’ equity

      17,708,457       14,016,389  

Noncontrolling interests

      1,116,222       587,405  
  

 

 

    

 

 

  

Total equity

      18,824,679       14,603,794  
  

 

 

    

 

 

  

Total liabilities and equity

    $ 32,072,704     $ 25,823,072  
  

 

 

    

 

 

  

 

Page 8 of 9

Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

News Release    LOGO
Nucor Reports Results for the Third Quarter of 2022 (Continued)

 

Condensed Consolidated Statements of Cash Flows (In thousands) (Unaudited)

 

     Nine Months (39 Weeks) Ended  
     Oct. 1, 2022     Oct. 2, 2021  

Operating activities:

     

Net earnings

    $ 6,753,395     $ 4,782,238  

Adjustments:

     

Depreciation

      609,933       546,619  

Amortization

      164,480       76,656  

Stock-based compensation

      99,838       97,652  

Deferred income taxes

      (33,116 )      166,748  

Distributions from affiliates

      25,571       200  

Equity in earnings of unconsolidated affiliates

      (23,246 )      (65,106 ) 

Losses on assets

      —         50,970  

Changes in assets and liabilities (exclusive of acquisitions and dispositions):

     

Accounts receivable

      (104,751 )      (1,622,668 ) 

Inventories

      371,068       (1,976,738 ) 

Accounts payable

      (299,760 )      343,014  

Federal income taxes

      (302,335 )      262,195  

Salaries, wages and related accruals

      121,243       835,381  

Other operating activities

      156,201       123,202  
  

 

 

    

 

 

  

Cash provided by operating activities

      7,538,521       3,620,363  
  

 

 

    

 

 

  

Investing activities:

     

Capital expenditures

      (1,430,125 )      (1,207,088 ) 

Investment in and advances to affiliates

      (246 )      (193 ) 

Sale of business

      99,681       —    

Disposition of plant and equipment

      27,278       15,581  

Acquisitions (net of cash acquired)

      (3,549,764 )      (1,346,608 ) 

Purchases of investments

      (563,770 )      (394,141 ) 

Proceeds from the sale of investments

      439,348       554,898  

Other investing activities

      (9,595 )      1,042  
  

 

 

    

 

 

  

Cash used in investing activities

      (4,987,193 )      (2,376,509 ) 
  

 

 

    

 

 

  

Financing activities:

     

Net change in short-term debt

      (43,074 )      44,831  

Proceeds from issuance of long-term debt, net of discount

      2,091,934       196,990  

Repayment of long-term debt

      (1,108,500 )      —    

Bond issuance costs

      (13,138 )      —    

Proceeds from exercise of stock options

      21,604       143,874  

Payment of tax withholdings on certain stock-based compensation

      (62,869 )      (71,494 ) 

Distributions to noncontrolling interests

      (300,772 )      (120,619 ) 

Cash dividends

      (404,150 )      (366,606 ) 

Acquisition of treasury stock

      (2,359,971 )      (1,773,848 ) 

Proceeds from government incentives

      275,000       —    

Other financing activities

      (21,085 )      (7,993 ) 
  

 

 

    

 

 

  

Cash used in financing activities

      (1,925,021 )      (1,954,865 ) 
  

 

 

    

 

 

  

Effect of exchange rate changes on cash

      (5,221 )      1,720  
  

 

 

    

 

 

  

(Decrease) increase in cash and cash equivalents and

restricted cash and cash equivalents

      621,086       (709,291 ) 

Cash and cash equivalents and restricted cash and cash

equivalents—beginning of year

      2,508,658       2,754,929  
  

 

 

    

 

 

  

Cash and cash equivalents and restricted cash and cash

equivalents—end of nine months

    $ 3,129,744     $ 2,045,638  
  

 

 

    

 

 

  

Non-cash investing activity:

     

Change in accrued plant and equipment purchases

    $ (31,469 )    $ 14,997  
  

 

 

    

 

 

  

 

Page 9 of 9

Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

EX-101.SCH 3 nue-20221020.xsd XBRL TAXONOMY EXTENSION SCHEMA 100000 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink EX-101.LAB 4 nue-20221020_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Cover [Abstract] Entity Registrant Name Entity Registrant Name Amendment Flag Amendment Flag Entity Central Index Key Entity Central Index Key Document Type Document Type Document Period End Date Document Period End Date Entity Incorporation State Country Code Entity Incorporation State Country Code Entity File Number Entity File Number Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address, Address Line One Entity Address, City or Town Entity Address, City or Town Entity Address, State or Province Entity Address, State or Province Entity Address, Postal Zip Code Entity Address, Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Written Communications Written Communications Soliciting Material Soliciting Material Pre Commencement Tender Offer Pre Commencement Tender Offer Pre Commencement Issuer Tender Offer Pre Commencement Issuer Tender Offer Security 12b Title Security 12b Title Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name Entity Emerging Growth Company Entity Emerging Growth Company EX-101.PRE 5 nue-20221020_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 6 g411100g1020044007157.jpg GRAPHIC begin 644 g411100g1020044007157.jpg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end XML 7 R1.htm IDEA: XBRL DOCUMENT v3.22.2.2
Document and Entity Information
Oct. 20, 2022
Cover [Abstract]  
Entity Registrant Name NUCOR CORP
Amendment Flag false
Entity Central Index Key 0000073309
Document Type 8-K
Document Period End Date Oct. 20, 2022
Entity Incorporation State Country Code DE
Entity File Number 1-4119
Entity Tax Identification Number 13-1860817
Entity Address, Address Line One 1915 Rexford Road
Entity Address, City or Town Charlotte
Entity Address, State or Province NC
Entity Address, Postal Zip Code 28211
City Area Code (704)
Local Phone Number 366-7000
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock, par value $0.40 per share
Trading Symbol NUE
Security Exchange Name NYSE
Entity Emerging Growth Company false
XML 8 d411100d8k_htm.xml IDEA: XBRL DOCUMENT 0000073309 2022-10-20 2022-10-20 NUCOR CORP false 0000073309 8-K 2022-10-20 DE 1-4119 13-1860817 1915 Rexford Road Charlotte NC 28211 (704) 366-7000 false false false false Common Stock, par value $0.40 per share NUE NYSE false EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0 ( ,]@5%4'04UB@0 +$ 0 9&]C4')O<',O87!P+GAM M;$V./0L",1!$_\IQO;=!P4)B0-!2L+(/>QLOD&1#LD)^OCG!CVX>;QA&WPIG M*N*I#BV&5(_C(I(/ !47BK9.7:=N')=HI6-Y #OGDK7A.YNJQ<&4GPZ4A!0W_J=0U[R;UEA_6\#MI7E!+ P04 M " #/8%15J.KR2^T K @ $0 &1O8U!R;W!S+V-O&ULS9+! M2L0P$(9?17)O)\U"P=#-1?&D(+B@> O)[&ZP:4(RTN[;F];=+J(/X#$S?[[Y M!J8S49J0\#F%B(D-- DUA73&6[/BXV?J%Y@U@#UZ'"A#4S? U#PQ MGJ:^@RM@AA$FG[\+:%?B4OT3NW2 G9-3=FMJ',=ZW"RYLD,#;T^/+\NZE1LR MZ<%@^96=I%/$+;M,?MW\>F!)"[II6\E>+V?7;]X7<5]L&ZO?O' MQA=!U<&ONU!?4$L#!!0 ( ,]@5%697)PC$ 8 )PG 3 >&PO=&AE M;64O=&AE;64Q+GAM;.U:6W/:.!1^[Z_0>&?V;0O&-H&VM!-S:7;;M)F$[4X? MA1%8C6QY9)&$?[]'-A#+E@WMDDVZFSP$+.G[SD5'Y^@X>?/N+F+HAHB4\GA@ MV2_;UKNW+][@5S(D$4$P&:>O\, *I4Q>M5II ,,X?+&A T%116F]?(+3E'S/X%/F7/Z3H=,H%N,!M8('_.;Z?D3EJ(X53"Q,!J9S]6:\?1 MTDB @LE]E 6Z2?:CTQ4(,@T[.IU8SG9\]L3MGXS*VG0T;1K@X_%X.+;+THMP M' 3@4;N>PIWT;+^D00FTHVG09-CVVJZ1IJJ-4T_3]WW?ZYMHG J-6T_3:W?= MTXZ)QJW0> V^\4^'PZZ)QJO0=.MI)B?]KFNDZ19H0D;CZWH2%;7E0-,@ %AP M=M;,T@.67BGZ=90:V1V[W4%<\%CN.8D1_L;%!-9ITAF6-$9RG9 %#@ WQ-%, M4'RO0;:*X,*2TER0UL\IM5 :")K(@?5'@B'%W*_]]9>[R:0S>IU].LYKE']I MJP&G[;N;SY/\<^CDGZ>3UTU"SG"\+ GQ^R-;88C'(CN]WV6'WV3T=N(]>IP+,BUY1&)$6?R"VZ MY!$XM4D-,A,_")V&F&I0' *D"3&6H8;XM,:L$> 3?;>^",C?C8CWJV^:/5>A M6$G:A/@01AKBG'/F<]%L^P>E1M'V5;SC MFED)O816:I^JAS0^J!XR"@7QN1X^Y7IX"C>6QKQ0KH)[ ?_1VC?"J_B"P#E_ M+GW/I>^Y]#VATK\>WZV22$KYI9+2,6D$N!LT$DN/R+RO JQ GH9%LE" M0AMNZ5/U2I77Y:^Y*+@\6^3IKZ%T/BS/^3Q?Y[3-"S-#MW)+ZK:4OK4F.$KT ML@'37[]EUVY".E,%.70[@:0KX#;;J=W#HXGIB1N0K3 M4I!OP_GIQ7@:XCG9!+E]F%=MY]C1T?OGP5&PH^\\EAW'B/*B(>ZAAIC/PT.' M>7M?F&>5QE T%&ULK"0L1K=@N-?Q+!3@9& MH >#KU$"\E)58#%;Q@,KD*)\ M3(Q%Z'#GEUQ?X]&2X]NF9;5NKREW&6TB4CG":9@39ZO*WF6QP54=SU5;\K"^ M:CVT%4[/_EFMR)\,$4X6"Q)(8Y07IDJB\QE3ON>;G*YZ(G;ZEW?! M8/+]<,E'#^4[YU_T74.N?O;=X_INDSM(3)QYQ1$!=$4"(Y4U#VT%SU&\Z.9X!ZSAW.;>KC"1:S_6-8>^3+?.7#;.MX#7N83 M+$.D?L%]BHJ $:MBOKJO3_DEG#NT>_&!()O\UMND]MW@#'S4JUJE9"L1/TL' M?!^2!F.,6_0T7X\48JVFL:W&VC$,>8!8\PRA9CC?AT6:&C/5BZPYC0IO0=5 MY3_;U UH]@TT')$%7C&9MC:CY$X*/-S^[PVPPL2.X>V+OP%02P,$% @ MSV!4546(_?8[! ?1 !@ !X;"]W;W)K_1XG M-.'NPA,J4>+$_N;CY[&_MNEOI7K3:\X-V<51H@?.VICTUG5UL.8QTUUW%C)A)GV,_O3=6P+S,3B81/%=%9'#.UO^.1 MW X&"L!(.O#1_S*+)*P/'M(.J4[[0-CZ_? MU1_SSD-G%DSSL8R^BM"L!T[/(2%?LBPR,[G]BQ\Z=&WU AGI_#_9%G7;GD." M3!L9'QH#02R2XIOM#H$XIX%_:.#GW,6+/"5%MB%J?=? 2VQ5-S@(WA6"_@G! MY\!<$=^[@(_O?]_(ZD]?Q M\XS 9XI M4NH-BHV@I2&>5H?([:J@\';+UFD.<)Q77)B6$-WS(*9<"6DG M7TA@"M?RX$KEE&N:<[T2K7=.VIZ20*I4JMP)R-P '!G+#'()*95A+2DN?/^ MT-V4=#?GT#V*B)-)%B^XJ@/!->AEFU)L*%&O,E#O')P7MB-/(>13+$501.PT M7(,D;5W27L?KT2Y&>&3Q]!S"41B"_>F+]POR">J1YZ0VCPV2](9>@^?M8*$( MR4RR$ .MK)ZB3OT3Z-B6I"(O@ MFRJY$4E0'\8&TQ]C:)7;4]RN?T2;2FW ;O\1Z](Z [(FP ;9 M1L#*]WWYBO_C)XNR I4V3#HHR37[VKMD=2 MZ*@&FT6!C[;ZN&&_*!;:@3??QPM9.^P:!":OV ;#K[S>QWVYC-S#+EBS9,5/ M;NH;A"9_SU&BRN+]LRS^(>9J94/T)RB8M1U_*4MJ]],-@B>'F7MTF+0'\\_, MOE&3B"]!R+OJ@EVKXJQ;%(Q,\_/E I9:&>>7:\Y@"M@*\'PII7DOV"-K^8O# M\']02P,$% @ SV!459^@&_"Q @ X@P T !X;"]S='EL97,N>&UL MW5=M:]LP$/XK0C]@;F)JXI$8MD!AL(U"\V%?E5AV!'KQ9+ES^NNGLVPG:75E MW8>QS:')W3VZNT=W)YFN6W>2_.'(N2.]DKK=T*-SS?LD:0]'KEC[SC1<>Z0R M5C'G55LG;6,Y*UMP4C)9WMQDB6)"TV*M.W6G7$L.IM-N0V]H4JPKH\^6E :# M7\H4)X],;NB62;&W8EC+E)"G8%Z"X6"DL<1Y*GQ#%V!IGP*\"!JP'.,HH8T% M8Q(RA._]N/P9,&FM5X64,\$E#89BW3#GN-5W7AD6#\87$!GEW:GQ#&O+3HOE M+3T[##\^R=[8DMLYS8).IF(M>05TK*B/\.M,DP#HG%%>* 6KC68#A\EC%'S8 M Y?R 5KXK;J*W5B'_2^FO-CT1=X=-8T\O1!BEHK'O;^RPF+-9O\R-%8\>2S MP:0)P:?EA6;/CO9NFJ:]PSLM_D/.?K7/--;=,7I+VH_\W5_DM MC)/Q]%PZC+N.HL?X;[:)'-M[#/)73)>UYN1]76^T$D M7O!9QP<&%Y_J?]K-#]! SCMHHB*]1GA?H$ MKQBR'3Y8GKA/[I_X3O,\3;,,J^AV&V6PQ>J69? 7CX9Q P\L#V1Z6ZWQ;N,3 M\OH<8#U];4*PG>*3B.T4KS4@\;J!1Y['NXWE 0^L"]CL0/YX'IBIN$^:0ERHY_U=3_ 102P,$% @ SV!459>*NQS $P( L !? M3T\$MP>:4#M.*2VBZD8_1!2:5K5N %(MB6/:(7->=I3W;+T]!;X"O.DQQ0FE(2S,.\,W2 M?S+W\PPU1>5*(Y5;&GC3Y?YVX$G1H2)8%II%R=.B':5_'FR-9V87YTC'?8Q']>5=2(6NF9MYEJ6R M!F_236P@R*2*Y U+2X3[+O,&@EXN1:T/9=1,92L88!.R M'<(Y_A^[<#K3P&]'@!6^AC(, M=D",Y1]XVXG\-/O4(VSV'T:$%'J6"V&%E+C?Z/F-:#R!+ ]=R_$)'0.M#,,S MQ;;!<.AHQ$5V9://8:Q#B'/Z3XRQJK"$52Q;#X&'' E<)S"D&IND53 >"CVN M*!.L>@PL(:EU&*ADMW,JI]=V<,TB]RI#FJ,,:&T'X:-:"Q4&L&]R( DNR94; M4EWI>::W=Y-[2:AU[D&P]_ :C1W-CQ^W_ %02P,$% @ SV!4520>FZ*M M ^ $ !H !X;"]?+7_OR4Z?:!1W;J"V M\R1&:P;*9,OL[P"D6[2*+L[C,$]J%ZSB688&O-*]:A"2*+I!V#-DGNZ9HIP\ M_D-T==UI?#C]LCCP#S"\7>BI160I2A4:Y$S":+8VP5+BRTR6HJ@R&8HJEG!: M(.+)(&UI5GVP3TZTYWD7-_=%KLWC":[?#'!X=/X!4$L#!!0 ( ,]@5%5E MD'F2&0$ ,\# 3 6T-O;G1E;G1?5'EP97-=+GAM;*V334[#,!"%KQ)E M6R4N+%B@IAM@"UUP 6-/&JO^DV=:TMLS3MI*H!(5A4VL>-Z\SYZ7K-Z/$;#H MG?78E!U1?!0"50=.8ATB>*ZT(3E)_)JV(DJUDUL0]\OE@U#!$WBJ*'N4Z]4S MM')OJ7CI>1M-\$V9P&)9/(W"S&I*&:,U2A+7Q<'K'Y3J1*BY<]!@9R(N6%"* MJX1<^1UPZGL[0$I&0[&1B5ZE8Y7HK4 Z6L!ZVN+*&4/;&@4ZJ+WCEAIC JFQ M R!GZ]%T,4TFGC",S[O9_,%F"LC*30H1.;$$?\>=(\G=560C2&2FKW@ALO7L M^T%.6X.^D&PO=&AE;64O M=&AE;64Q+GAM;%!+ 0(4 Q0 ( ,]@5%5%B/WV.P0 'T0 8 M " @0P( !X;"]W;W)K&PO&PO7W)E;',O=V]R M:V)O;VLN>&UL+G)E;'-02P$"% ,4 " #/8%1599!YDAD! #/ P $P M @ &3$@ 6T-O;G1E;G1?5'EP97-=+GAM;%!+!08 "0 ) + #X" #=$P ! end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 3.22.2.2 html 1 22 1 false 0 0 false 0 false false R1.htm 100000 - Document - Document and Entity Information Sheet http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false All Reports Book All Reports [ix-0514-Hidden-Fact-Eligible-For-Transform] WARN: 1 fact(s) appearing in ix:hidden were eligible for transformation: dei:EntityRegistrantName - d411100d8k.htm 7 d411100d8k.htm d411100dex991.htm nue-20221020.xsd nue-20221020_lab.xml nue-20221020_pre.xml http://xbrl.sec.gov/dei/2021 true false JSON 15 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "d411100d8k.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "inline": { "local": [ "d411100d8k.htm" ] }, "labelLink": { "local": [ "nue-20221020_lab.xml" ] }, "presentationLink": { "local": [ "nue-20221020_pre.xml" ] }, "schema": { "local": [ "nue-20221020.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://xbrl.sec.gov/dei/2021/dei-2021.xsd", "https://xbrl.sec.gov/naics/2021/naics-2021.xsd" ] } }, "elementCount": 23, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2021": 3, "total": 3 }, "keyCustom": 0, "keyStandard": 22, "memberCustom": 0, "memberStandard": 0, "nsprefix": "nue", "nsuri": "http://nucor.com/20221020", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "p", "div", "div", "body", "html" ], "baseRef": "d411100d8k.htm", "contextRef": "duration_2022-10-20_to_2022-10-20", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "100000 - Document - Document and Entity Information", "role": "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation", "shortName": "Document and Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "p", "div", "div", "body", "html" ], "baseRef": "d411100d8k.htm", "contextRef": "duration_2022-10-20_to_2022-10-20", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]", "terseLabel": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2021", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation State Country Code", "terseLabel": "Entity Incorporation State Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre Commencement Issuer Tender Offer", "terseLabel": "Pre Commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre Commencement Tender Offer", "terseLabel": "Pre Commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Security 12b Title", "terseLabel": "Security 12b Title" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://nucor.com//20221020/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } ZIP 16 0001193125-22-265817-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-22-265817-xbrl.zip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end