2022 Q1 Form 10-K Financial Statement

#000156459022007679 Filed on February 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q3
Revenue $10.31B $8.789B
YoY Change 109.28% 103.11%
Cost Of Revenue $6.907B $6.316B
YoY Change 56.06% 59.92%
Gross Profit $3.523B $2.474B
YoY Change 390.34% 554.44%
Gross Profit Margin 34.16% 28.14%
Selling, General & Admin $526.3M $387.1M
YoY Change 218.03% 172.58%
% of Gross Profit 14.94% 15.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $218.9M $203.5M
YoY Change 11.3% 4.55%
% of Gross Profit 6.21% 8.23%
Operating Expenses $526.3M $387.1M
YoY Change 218.03% 172.39%
Operating Profit $2.997B $2.086B
YoY Change 441.9% 784.61%
Interest Expense $43.91M $37.66M
YoY Change 3.85% -3.06%
% of Operating Profit 1.47% 1.81%
Other Income/Expense, Net
YoY Change
Pretax Income $2.869B $2.026B
YoY Change 887.92% 1018.85%
Income Tax $645.8M $454.3M
% Of Pretax Income 22.51% 22.43%
Net Earnings $2.250B $1.507B
YoY Change 464.24% 1283.96%
Net Earnings / Revenue 21.82% 17.14%
Basic Earnings Per Share $7.99 $5.05
Diluted Earnings Per Share $7.28 $5.04
COMMON SHARES
Basic Shares Outstanding 269.1M 290.5M 296.8M
Diluted Shares Outstanding 291.2M 297.5M

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.012B $3.121B
YoY Change -38.65% 2.77%
Cash & Equivalents $2.365B $2.723B
Short-Term Investments $247.2M $398.4M
Other Short-Term Assets $316.5M $295.0M
YoY Change -44.76% -12.19%
Inventory $6.011B $5.241B
Prepaid Expenses
Receivables $3.854B $3.399B
Other Receivables $0.00 $0.00
Total Short-Term Assets $12.80B $12.06B
YoY Change 34.89% 39.62%
LONG-TERM ASSETS
Property, Plant & Equipment $8.115B $7.236B
YoY Change 17.62% 10.37%
Goodwill $2.827B $2.242B
YoY Change 26.81% 2.35%
Intangibles
YoY Change
Long-Term Investments $624.6M
YoY Change 20.12%
Other Assets $833.8M $751.0M
YoY Change 15.06% 9.48%
Total Long-Term Assets $13.02B $10.94B
YoY Change 22.44% 7.98%
TOTAL ASSETS
Total Short-Term Assets $12.80B $12.06B
Total Long-Term Assets $13.02B $10.94B
Total Assets $25.82B $23.00B
YoY Change 28.31% 22.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.974B $2.204B
YoY Change 37.84% 144.34%
Accrued Expenses $964.8M $712.7M
YoY Change 45.26% 16.91%
Deferred Revenue $251.9M $159.2M
YoY Change 109.57% 30.28%
Short-Term Debt $107.7M $100.7M
YoY Change 86.03% 55.74%
Long-Term Debt Due $601.0M $12.03M
YoY Change 5910.0% -59.91%
Total Short-Term Liabilities $5.157B $3.880B
YoY Change 96.26% 97.45%
LONG-TERM LIABILITIES
Long-Term Debt $4.950B $5.275B
YoY Change -9.21% -0.07%
Other Long-Term Liabilities $480.2M $428.6M
YoY Change 19.46% 13.99%
Total Long-Term Liabilities $5.430B $5.704B
YoY Change -7.24% 0.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.157B $3.880B
Total Long-Term Liabilities $5.430B $5.704B
Total Liabilities $11.22B $10.29B
YoY Change 26.15% 26.32%
SHAREHOLDERS EQUITY
Retained Earnings $17.67B
YoY Change 55.8%
Common Stock $2.293B
YoY Change 0.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $107.7M
Shareholders Equity $14.02B $12.25B
YoY Change
Total Liabilities & Shareholders Equity $25.82B $23.00B
YoY Change 28.31% 22.54%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q3
OPERATING ACTIVITIES
Net Income $2.250B $1.507B
YoY Change 464.24% 1283.96%
Depreciation, Depletion And Amortization $218.9M $203.5M
YoY Change 11.3% 4.55%
Cash From Operating Activities $1.737B $1.353B
YoY Change 103.04% 17.76%
INVESTING ACTIVITIES
Capital Expenditures -$504.7M -$388.9M
YoY Change 25.61% 7.81%
Acquisitions
YoY Change
Other Investing Activities -$1.190B $9.478M
YoY Change 456.0% -109.54%
Cash From Investing Activities -$1.695B -$379.4M
YoY Change 175.22% -17.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -797.1M -747.1M
YoY Change 2830.43% -187.65%
NET CHANGE
Cash From Operating Activities 1.737B 1.353B
Cash From Investing Activities -1.695B -379.4M
Cash From Financing Activities -797.1M -747.1M
Net Change In Cash -755.0M 226.3M
YoY Change -455.3% -85.32%
FREE CASH FLOW
Cash From Operating Activities $1.737B $1.353B
Capital Expenditures -$504.7M -$388.9M
Free Cash Flow $2.242B $1.742B
YoY Change 78.3% 15.38%

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DividendsPayableCurrent
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FinanceLeaseLiability
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CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
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LongTermDebtAndFinanceLeaseObligationsGrossBeforeDebtIssuanceCosts
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CY2020Q4 nue Long Term Debt And Finance Lease Obligations Gross Before Debt Issuance Costs
LongTermDebtAndFinanceLeaseObligationsGrossBeforeDebtIssuanceCosts
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ProceedsFromDebtNetOfIssuanceCosts
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DebtInstrumentUnamortizedDiscountPremiumNet
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DebtInstrumentUnamortizedDiscountPremiumNet
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DeferredFinanceCostsNet
27299000
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
30854000
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LongTermDebtIncludingCurrentMaturities
5577088000
CY2020Q4 nue Long Term Debt Including Current Maturities
LongTermDebtIncludingCurrentMaturities
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CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
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FinanceLeaseLiabilityCurrent
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CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
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LongTermDebtAndCapitalLeaseObligations
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CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
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LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
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CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
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CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
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LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
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CY2020Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
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CY2020Q4 nue Payment Of Premium Related To Debt Exchange
PaymentOfPremiumRelatedToDebtExchange
180300000
CY2020Q4 nue Payment Of Premium Related To Debt Exchange
PaymentOfPremiumRelatedToDebtExchange
180300000
CY2021 nue Ratio Of Funded Debt To Capital
RatioOfFundedDebtToCapital
0.28
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CommonStockParOrStatedValuePerShare
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CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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PreferredStockSharesAuthorized
250000
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PreferredStockParOrStatedValuePerShare
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CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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PreferredStockSharesOutstanding
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CommonStockDividendsPerShareDeclared
1.715
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.6125
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.6025
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PaymentsForRepurchaseOfCommonStock
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CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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PaymentsForRepurchaseOfCommonStock
298500000
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DerivativeAssets
6633000
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DerivativeLiabilities
2666000
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
14361000
CY2021Q4 us-gaap Derivative Nonmonetary Notional Amount
DerivativeNonmonetaryNotionalAmount
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ShortAndLongTermDebtFairValue
6060000000.00
CY2020Q4 nue Short And Long Term Debt Fair Value
ShortAndLongTermDebtFairValue
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AccrualForEnvironmentalLossContingenciesGross
13600000
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AccrualForEnvironmentalLossContingenciesGross
16000000.0
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AccruedEnvironmentalLossContingenciesCurrent
2300000
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AccruedEnvironmentalLossContingenciesCurrent
5600000
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AccruedEnvironmentalLossContingenciesNoncurrent
11300000
CY2020Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
10400000
CY2021 nue Stock Option Exercise Price As Percentage Of Market Value
StockOptionExercisePriceAsPercentageOfMarketValue
1
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3916000
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
50.03
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
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CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
42.46
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
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CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
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StockIssuedDuringPeriodSharesStockOptionsExercised
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
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CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
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CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
239000
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
51.58
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1186000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
55.58
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3916000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
50.03
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3892000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
50.78
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
523000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
54.71
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
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CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
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ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
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CY2021 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
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CY2020 nue Profit Sharing And Retirement Savings Plan Expense
ProfitSharingAndRetirementSavingsPlanExpense
86600000
CY2021Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
523000
CY2021Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
54.71
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
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CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
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CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
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CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0146
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0379
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0333
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3286
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3012
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2557
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0128
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
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StockOptionPlanExpense
3800000
CY2020 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2700000
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StockOptionPlanExpense
4700000
CY2021 nue Profit Sharing And Retirement Savings Plan Expense
ProfitSharingAndRetirementSavingsPlanExpense
869900000
CY2019 nue Profit Sharing And Retirement Savings Plan Expense
ProfitSharingAndRetirementSavingsPlanExpense
181400000
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DefinedBenefitPlanBenefitObligation
29300000
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
28200000
CY2021 nue Early Retiree Medical Plan Benefit Expense
EarlyRetireeMedicalPlanBenefitExpense
-1800000
CY2020 nue Early Retiree Medical Plan Benefit Expense
EarlyRetireeMedicalPlanBenefitExpense
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CY2019 nue Early Retiree Medical Plan Benefit Expense
EarlyRetireeMedicalPlanBenefitExpense
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CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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InterestPaid
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CY2019 us-gaap Interest Paid
InterestPaid
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InterestExpense
157358000
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InvestmentIncomeInterest
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InvestmentIncomeInterest
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InvestmentIncomeInterest
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InterestRevenueExpenseNet
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InterestRevenueExpenseNet
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InterestRevenueExpenseNet
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InterestPaid
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DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0323
CY2021 nue Defined Benefit Plan Health Care Cost Trend Rate
DefinedBenefitPlanHealthCareCostTrendRate
0.053
CY2020 nue Defined Benefit Plan Health Care Cost Trend Rate
DefinedBenefitPlanHealthCareCostTrendRate
0.057
CY2019 nue Defined Benefit Plan Health Care Cost Trend Rate
DefinedBenefitPlanHealthCareCostTrendRate
0.060
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DefinedBenefitPlanUltimateHealthCareCostTrendRate1
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DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2047
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InterestExpense
163121000
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InterestExpense
166613000
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CurrentForeignTaxExpenseBenefit
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
835538000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1782807000
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CurrentFederalTaxExpenseBenefit
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CurrentFederalTaxExpenseBenefit
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CurrentFederalTaxExpenseBenefit
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CurrentStateAndLocalTaxExpenseBenefit
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CurrentStateAndLocalTaxExpenseBenefit
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CurrentStateAndLocalTaxExpenseBenefit
62685000
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EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
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EffectiveIncomeTaxRateContinuingOperations
-0.0006
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EffectiveIncomeTaxRateContinuingOperations
0.2310
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EffectiveIncomeTaxRateContinuingOperations
0.2259
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0149
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0027
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EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CurrentForeignTaxExpenseBenefit
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CurrentForeignTaxExpenseBenefit
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CurrentIncomeTaxExpenseBenefit
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CurrentIncomeTaxExpenseBenefit
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CurrentIncomeTaxExpenseBenefit
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10916000
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DeferredFederalIncomeTaxExpenseBenefit
177035000
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DeferredFederalIncomeTaxExpenseBenefit
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DeferredStateAndLocalIncomeTaxExpenseBenefit
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DeferredForeignIncomeTaxExpenseBenefit
3791000
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DeferredForeignIncomeTaxExpenseBenefit
11301000
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DeferredForeignIncomeTaxExpenseBenefit
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DeferredIncomeTaxExpenseBenefit
11665000
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DeferredIncomeTaxExpenseBenefit
162836000
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DeferredIncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.0316
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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0.0007
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.0079
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.0034
CY2020 nue Effective Income Tax Rate Reconciliation Equity In Losses Of Foreign Joint Venture
EffectiveIncomeTaxRateReconciliationEquityInLossesOfForeignJointVenture
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CY2019 nue Effective Income Tax Rate Reconciliation Equity In Losses Of Foreign Joint Venture
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IncomeTaxesPaidNet
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CY2020Q4 nue Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities And Reserves
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CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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DeferredTaxAssetsOperatingLossCarryforwards
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DeferredTaxAssetsTaxCreditCarryforwards
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DeferredTaxAssetsTaxCreditCarryforwards
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DeferredTaxAssetsOther
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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DeferredTaxAssetsGross
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DeferredTaxAssetsGross
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DeferredTaxLiabilities
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IncomeTaxReceivable
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IncomeTaxesPaidNet
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CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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UnrecognizedTaxBenefits
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgingDerivativesEffectNetOfTax
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CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
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CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
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CY2020 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
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CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
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CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
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NetIncomeLoss
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CY2020 us-gaap Net Income Loss
NetIncomeLoss
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NetIncomeLoss
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CY2019 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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NetIncomeLossAvailableToCommonStockholdersBasic
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305040000
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EarningsPerShareBasic
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EarningsPerShareBasic
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EarningsPerShareBasic
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NetIncomeLoss
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CY2020 us-gaap Net Income Loss
NetIncomeLoss
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CY2019 us-gaap Net Income Loss
NetIncomeLoss
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CY2020 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
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CY2019 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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WeightedAverageNumberOfDilutedSharesOutstanding
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WeightedAverageNumberOfDilutedSharesOutstanding
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EarningsPerShareDiluted
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EarningsPerShareDiluted
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EarningsPerShareDiluted
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CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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963000
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91.06
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51.87
CY2019 nue Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Exercise Price
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60.92
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20139658000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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168500000
CY2020 nue Payments Of Restricted Cash For Qualified Expenditure
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CY2020Q4 us-gaap Assets
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CY2019Q4 us-gaap Assets
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CY2021 nue Payments To Acquire Property Plant And Equipment Including Non Cash Adjustments For Capital Expenditures
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1700364000
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1527116000
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1512070000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22588858000
CY2021 us-gaap Contract With Customer Timing Of Satisfaction Of Performance Obligation And Payment
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The durations of Nucor’s contracts with customers are generally one year or less. Customer payment terms are generally 30 days.
CY2021Q4 us-gaap Contract With Customer Liability Current
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CY2020Q4 us-gaap Contract With Customer Liability Current
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ContractWithCustomerLiabilityRevenueRecognized
83900000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
143800000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
115300000
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7017140000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8789164000
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10313223000
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10364412000
CY2021Q2 us-gaap Gross Profit
GrossProfit
1622437000
CY2021Q3 us-gaap Gross Profit
GrossProfit
2473503000
CY2021Q4 us-gaap Gross Profit
GrossProfit
3406273000
CY2021Q4 us-gaap Gross Profit
GrossProfit
3523201000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
987514000
CY2020Q2 us-gaap Gross Profit
GrossProfit
629268000
CY2020Q4 us-gaap Gross Profit
GrossProfit
502195000
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.97
CY2021Q3 us-gaap Profit Loss
ProfitLoss
1571459000
CY2021Q4 us-gaap Profit Loss
ProfitLoss
2223265000
CY2021Q4 us-gaap Profit Loss
ProfitLoss
2340132000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
942432000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
1506868000
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
2127743000
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
2250418000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.10
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.05
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.29
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.99
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.10
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.04
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.28
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5624337000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4327306000
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4927960000
CY2020Q4 us-gaap Gross Profit
GrossProfit
718528000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
54379000
CY2020Q3 us-gaap Profit Loss
ProfitLoss
133153000
CY2020Q4 us-gaap Profit Loss
ProfitLoss
222630000
CY2020Q4 us-gaap Profit Loss
ProfitLoss
425866000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
20331000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
108881000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
193415000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
398843000
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.31
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.30
CY2020Q4 nue Net Benefit Related To State Tax Credits
NetBenefitRelatedToStateTaxCredits
39700000
CY2020Q4 nue Net Benefit Related To Cares Act Carryback Provision
NetBenefitRelatedToCARESActCarrybackProvision
48200000

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