2017 Q4 Form 10-K Financial Statement

#000119312518064018 Filed on February 28, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 2016 Q4
Revenue $5.092B $20.25B $3.957B
YoY Change 28.71% 24.95% 14.46%
Cost Of Revenue $4.566B $17.68B $3.608B
YoY Change 26.56% 24.68% -2.53%
Gross Profit $520.6M $2.569B $443.4M
YoY Change 17.4% 26.83% 163.79%
Gross Profit Margin 10.22% 12.69% 11.21%
Selling, General & Admin $168.1M $687.5M $169.2M
YoY Change -0.66% 15.21% 36.1%
% of Gross Profit 32.29% 26.76% 38.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $183.8M $635.8M $171.5M
YoY Change 7.17% 3.69% -1.15%
% of Gross Profit 35.31% 24.75% 38.68%
Operating Expenses $168.1M $687.5M $169.2M
YoY Change -0.66% 15.21% 36.1%
Operating Profit $352.5M $1.882B $274.2M
YoY Change 28.54% 31.68% 526.66%
Interest Expense -$35.60M $187.3M $46.52M
YoY Change -176.53% 3.37% 0.24%
% of Operating Profit -10.1% 9.95% 16.97%
Other Income/Expense, Net
YoY Change
Pretax Income $322.2M $1.750B $484.2M
YoY Change -33.45% 34.75% 36.67%
Income Tax $102.3M $369.4M $152.8M
% Of Pretax Income 31.75% 21.11% 31.56%
Net Earnings $383.9M $1.319B $159.6M
YoY Change 140.47% 65.61% -185.15%
Net Earnings / Revenue 7.54% 6.51% 4.03%
Basic Earnings Per Share $1.20 $4.11 $0.50
Diluted Earnings Per Share $1.20 $4.10 $0.50
COMMON SHARES
Basic Shares Outstanding 320.0M 319.7M shares
Diluted Shares Outstanding 320.8M 320.0M shares

Balance Sheet

Concept 2017 Q4 2017 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $999.0M $999.0M $2.355B
YoY Change -57.58% -54.51% 18.05%
Cash & Equivalents $949.1M $949.0M $2.046B
Short-Term Investments $50.00M $50.00M $650.0M
Other Short-Term Assets $335.1M $335.0M $198.8M
YoY Change 68.56% 68.34% 7.09%
Inventory $3.462B $3.462B $2.480B
Prepaid Expenses
Receivables $2.029B $2.029B $1.632B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.824B $6.824B $6.506B
YoY Change 4.89% 4.89% 11.14%
LONG-TERM ASSETS
Property, Plant & Equipment $5.093B $5.093B $5.079B
YoY Change 0.29% 0.28% 3.83%
Goodwill $2.196B $2.053B
YoY Change 6.98% 2.06%
Intangibles
YoY Change
Long-Term Investments $750.1M $750.0M $663.4M
YoY Change 13.07% 13.12% -11.14%
Other Assets $813.0M $63.00M $718.9M
YoY Change 13.09% 12.5% -10.08%
Total Long-Term Assets $9.017B $9.017B $8.717B
YoY Change 3.44% 3.43% 2.89%
TOTAL ASSETS
Total Short-Term Assets $6.824B $6.824B $6.506B
Total Long-Term Assets $9.017B $9.017B $8.717B
Total Assets $15.84B $15.84B $15.22B
YoY Change 4.06% 4.05% 6.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.181B $1.042B $838.1M
YoY Change 40.95% 34.11% 47.94%
Accrued Expenses $573.9M $960.0M $505.1M
YoY Change 13.63% 18.23% 5.59%
Deferred Revenue $72.30M
YoY Change
Short-Term Debt $52.83M $53.00M $17.96M
YoY Change 194.19% 194.44% -65.0%
Long-Term Debt Due $500.0M $500.0M $600.0M
YoY Change -16.67% -16.67% 29900.0%
Total Short-Term Liabilities $2.825B $2.825B $2.390B
YoY Change 18.19% 18.2% 72.54%
LONG-TERM LIABILITIES
Long-Term Debt $3.242B $3.242B $3.739B
YoY Change -13.29% -13.29% -13.79%
Other Long-Term Liabilities $360.0M $360.0M $280.0M
YoY Change 28.57% 28.11% -71.83%
Total Long-Term Liabilities $3.242B $3.602B $3.739B
YoY Change -13.29% -10.4% -13.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.825B $2.825B $2.390B
Total Long-Term Liabilities $3.242B $3.602B $3.739B
Total Liabilities $6.756B $7.102B $6.969B
YoY Change -3.05% -3.3% 7.59%
SHAREHOLDERS EQUITY
Retained Earnings $8.464B $7.631B
YoY Change 10.91% 4.29%
Common Stock $2.173B $2.126B
YoY Change 2.21% 2.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 61.93M shares 60.60M shares
Shareholders Equity $8.739B $8.739B $7.880B
YoY Change
Total Liabilities & Shareholders Equity $15.84B $15.84B $15.22B
YoY Change 4.06% 4.05% 6.26%

Cashflow Statement

Concept 2017 Q4 2017 2016 Q4
OPERATING ACTIVITIES
Net Income $383.9M $1.319B $159.6M
YoY Change 140.47% 65.61% -185.15%
Depreciation, Depletion And Amortization $183.8M $635.8M $171.5M
YoY Change 7.17% 3.69% -1.15%
Cash From Operating Activities $288.7M $1.055B $315.7M
YoY Change -8.55% -39.7% -43.89%
INVESTING ACTIVITIES
Capital Expenditures -$156.3M $448.6M -$100.1M
YoY Change 56.14% -25.84% -7.14%
Acquisitions $544.0M
YoY Change 14.59%
Other Investing Activities -$26.10M -$7.389M -$173.4M
YoY Change -84.95% -47.62% -8770.0%
Cash From Investing Activities -$182.4M -$918.9M -$273.5M
YoY Change -33.31% -10.36% 158.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $83.23M
YoY Change -892.89%
Debt Paid & Issued, Net $600.0M
YoY Change
Cash From Financing Activities -724.8M -1.242B -115.8M
YoY Change 525.91% 98.31% -13.06%
NET CHANGE
Cash From Operating Activities 288.7M 1.055B 315.7M
Cash From Investing Activities -182.4M -918.9M -273.5M
Cash From Financing Activities -724.8M -1.242B -115.8M
Net Change In Cash -618.5M -1.097B -73.60M
YoY Change 740.35% -1129.99% -122.74%
FREE CASH FLOW
Cash From Operating Activities $288.7M $1.055B $315.7M
Capital Expenditures -$156.3M $448.6M -$100.1M
Free Cash Flow $445.0M $606.8M $415.8M
YoY Change 7.02% -47.01% -37.98%

Facts In Submission

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DocumentType
10-K
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.10
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.0024 pure
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
9003000
CY2017 dei Document Period End Date
DocumentPeriodEndDate
2017-12-31
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.11
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0122 pure
CY2017 dei Entity Registrant Name
EntityRegistrantName
NUCOR CORP
CY2017 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.036 pure
CY2017 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2037
CY2017 us-gaap Depreciation
Depreciation
635833000
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2111 pure
CY2017 us-gaap Dividends Cash
DividendsCash
485895000
CY2017 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2017 dei Entity Central Index Key
EntityCentralIndexKey
0000073309
CY2017 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.0258 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.0062 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.0124 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0055 pure
CY2017 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2017 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2017 us-gaap Interest Expense
InterestExpense
187282000
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
314817000
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
132332000
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-10998000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1610652000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1749957000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
139305000
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
699800000
CY2017 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
83625000
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-107577000
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
329501000
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
900946000
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-32576000
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
41661000
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
369386000
CY2017 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-173580000
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
13702000
CY2017 us-gaap Interest Paid
InterestPaid
186800000
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
90974000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-918892000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1051263000
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1314139000
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1314149000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-1238231000
CY2017 us-gaap Net Income Loss
NetIncomeLoss
1318688000
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
61883000
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
63162000
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1945000
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-279000
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-4523000
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-2600000
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
544041000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
448555000
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-7389000
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
68657000
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
1530000
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
415000
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
68657000
CY2017 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
62604000
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-3550000
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
767000
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-973000
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
400000
CY2017 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
4549000
CY2017 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
50000000
CY2017 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
4539000
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
485321000
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
14408000
CY2017 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
59000000
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
90304000
CY2017 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
90974000
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
11145000
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
25315000
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3241000
CY2017 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
34872000
CY2017 us-gaap Profit Loss
ProfitLoss
1380571000
CY2017 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
150000000
CY2017 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
49295000
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-558000
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
600000000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4500000
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
20252393000
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
183000 shares
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
37018000
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
64176000
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M0D
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
38.56
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
687531000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0256 pure
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0202 pure
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.61
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
59.07
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2653 pure
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
698000 shares
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7069000
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
11154000
CY2017 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
8200000
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
90304000
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
0
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
5461000
CY2017 dei Trading Symbol
TradingSymbol
NUE
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2556000
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
3492000
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
320773000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
783000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
319990000 shares
CY2017 nue Early Retiree Medical Plan Benefit Expense
EarlyRetireeMedicalPlanBenefitExpense
-2200000
CY2017 nue Costs And Expenses Operating And Nonoperating
CostsAndExpensesOperatingAndNonoperating
18502436000
CY2017 nue Net Realized Or Unrealized Gain Loss On Available For Sale Securities
NetRealizedOrUnrealizedGainLossOnAvailableForSaleSecurities
0
CY2017 nue Profit Sharing And Retirement Savings Plan Expense
ProfitSharingAndRetirementSavingsPlanExpense
169400000
CY2017 nue Unrecognized Tax Expenses Benefits For Income Tax Penalties And Interest
UnrecognizedTaxExpensesBenefitsForIncomeTaxPenaltiesAndInterest
-2200000
CY2017 nue Tax Benefit Due To Revaluation Of Net Deferred Income Tax Liabilities
TaxBenefitDueToRevaluationOfNetDeferredIncomeTaxLiabilities
186300000
CY2017 nue Payments To Acquire Property Plant And Equipment Including Non Cash Adjustments For Capital Expenditures
PaymentsToAcquirePropertyPlantAndEquipmentIncludingNonCashAdjustmentsForCapitalExpenditures
507074000
CY2017 nue Other Comprehensive Income Other Tax
OtherComprehensiveIncomeOtherTax
0
CY2017 nue Amortization Unearned Compensation
AmortizationUnearnedCompensation
1200000
CY2017 nue Fixed Term Deposits And Certificate Of Deposits Maturity Year
FixedTermDepositsAndCertificateOfDepositsMaturityYear
2018
CY2017 nue Cash Equivalent Maturity Period
CashEquivalentMaturityPeriod
Three months or less
CY2017 nue Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAverageExercisePrice
59.07
CY2017 nue Stock Option Exercise Price As Percentage Of Market Value
StockOptionExercisePriceAsPercentageOfMarketValue
1.00 pure
CY2017 nue Defined Benefit Plan Health Care Cost Trend Rate
DefinedBenefitPlanHealthCareCostTrendRate
0.066 pure
CY2017 nue Effective Income Tax Rate Reconciliation Equity In Losses Of Foreign Joint Venture
EffectiveIncomeTaxRateReconciliationEquityInLossesOfForeignJointVenture
0.0013 pure
CY2017 nue Ratio Of Funded Debt To Capital
RatioOfFundedDebtToCapital
0.29 pure
CY2017 nue Change In Accrued Plant And Equipment Purchases And Assets Recorded Under Capital Lease Arrangements
ChangeInAccruedPlantAndEquipmentPurchasesAndAssetsRecordedUnderCapitalLeaseArrangements
-58519000
CY2017 nue Net Tax Benefit Due To Effects Of Tax Reform Act
NetTaxBenefitDueToEffectsOfTaxReformAct
175200000
CY2017 nue Effective Income Tax Rate Continuing Operations Increase Decrease From Prior Year
EffectiveIncomeTaxRateContinuingOperationsIncreaseDecreaseFromPriorYear
-0.0956 pure
CY2017 nue Effective Income Tax Rate Reconciliation Change In Tax Law Primarily Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInTaxLawPrimarilyChangeInEnactedTaxRate
-0.1001 pure
CY2017 nue Expense Related To Valuation Allowance Foreign Tax Credit
ExpenseRelatedToValuationAllowanceForeignTaxCredit
11100000
CY2016 us-gaap Adjustment For Amortization
AdjustmentForAmortization
73862000
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
942000 shares
CY2016 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
7833000
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
73900000
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
106492000
CY2016 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
104145000
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.5025
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
829790000
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
933935000
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
286224000
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
13211000
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
326788000
CY2016 us-gaap Cost Of Goods Sold
CostOfGoodsSold
14182215000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
27353000
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-5515000
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
71777000
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
71455000
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
5193000
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.042 pure
CY2016 us-gaap Depreciation
Depreciation
613192000
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3067 pure
CY2016 us-gaap Dividends Cash
DividendsCash
482265000
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.48
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3500 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.0028 pure
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
8043000
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.48
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0167 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.0211 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.0105 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.0281 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0020 pure
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
29522000
CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-11928000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1241117000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1298659000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
57542000
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
329300000
CY2016 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
133544000
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
3555000
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
217736000
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
132639000
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-9127000
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
38757000
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
398243000
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
236788000
CY2016 us-gaap Interest Expense
InterestExpense
181179000
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
11935000
CY2016 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-169244000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1749920000
CY2016 us-gaap Interest Paid
InterestPaid
183400000
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
99588000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1025118000
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
793639000
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
793640000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-626353000
CY2016 us-gaap Net Income Loss
NetIncomeLoss
796271000
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
104145000
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
33519000
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
4426000
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-309000
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2570000
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
1500000
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
25495000
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
3589000
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
837000
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
25495000
CY2016 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
24476000
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
12450000
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
1291000
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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