$STLD
STEEL DYNAMICS INC

2022 Q3 Form 10-Q Financial Statement

#000155837022011581 Filed on August 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $5.652B $6.213B $5.570B
YoY Change 11.07% 39.14% 57.14%
Cost Of Revenue $4.187B $4.330B $3.787B
YoY Change 20.06% 32.58% 38.01%
Gross Profit $1.464B $1.883B $1.783B
YoY Change -8.51% 56.99% 122.74%
Gross Profit Margin 25.91% 30.31% 32.0%
Selling, General & Admin $237.7M $258.1M $280.5M
YoY Change -12.4% 9.13% 41.23%
% of Gross Profit 16.23% 13.71% 15.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $98.71M $95.70M $87.55M
YoY Change 12.94% 9.94% 0.72%
% of Gross Profit 6.74% 5.08% 4.91%
Operating Expenses $244.6M $265.3M $287.6M
YoY Change -12.2% 8.74% 39.57%
Operating Profit $1.220B $1.618B $1.495B
YoY Change -7.73% 69.3% 151.58%
Interest Expense -$25.35M $25.67M $16.67M
YoY Change -299.52% 72.28% -3.47%
% of Operating Profit -2.08% 1.59% 1.12%
Other Income/Expense, Net $13.98M $4.021M -$20.47M
YoY Change -306.24% -140.05% 103.24%
Pretax Income $1.208B $1.596B $1.458B
YoY Change -7.22% 71.51% 157.16%
Income Tax $290.0M $381.8M $350.4M
% Of Pretax Income 24.0% 23.91% 24.04%
Net Earnings $914.3M $1.215B $1.107B
YoY Change -8.58% 70.55% 152.39%
Net Earnings / Revenue 16.18% 19.55% 19.88%
Basic Earnings Per Share $5.07 $6.49 $5.74
Diluted Earnings Per Share $5.034M $6.44 $5.71
COMMON SHARES
Basic Shares Outstanding 182.6M 186.4M 192.2M
Diluted Shares Outstanding 181.6M 187.7M 193.2M

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.004B $1.358B $1.190B
YoY Change 82.87% 21.94% -4.46%
Cash & Equivalents $1.420B $1.007B $1.190B
Short-Term Investments $583.2M $351.0M
Other Short-Term Assets $99.21M $90.14M $79.62M
YoY Change -4.7% -8.49% 17.54%
Inventory $3.377B $3.647B $3.517B
Prepaid Expenses
Receivables $2.334B $2.574B $2.285B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.813B $7.756B $7.150B
YoY Change 30.49% 47.31% 46.0%
LONG-TERM ASSETS
Property, Plant & Equipment $5.147B $4.887B $4.828B
YoY Change 10.58% 7.95% 11.23%
Goodwill $451.6M $452.3M $453.1M
YoY Change -0.68% -0.7% -0.72%
Intangibles $276.6M $281.0M $288.2M
YoY Change -8.57% -9.26% -9.13%
Long-Term Investments
YoY Change
Other Assets $359.5M $335.3M $337.8M
YoY Change 162.35% 157.71% 188.54%
Total Long-Term Assets $6.234B $5.955B $5.907B
YoY Change 12.36% 9.83% 12.92%
TOTAL ASSETS
Total Short-Term Assets $7.813B $7.756B $7.150B
Total Long-Term Assets $6.234B $5.955B $5.907B
Total Assets $14.05B $13.71B $13.06B
YoY Change 21.77% 28.29% 28.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.165B $1.366B $1.202B
YoY Change -3.59% 17.01% 7.98%
Accrued Expenses $902.2M $300.7M $270.2M
YoY Change 248.94% 49.7% 53.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $22.95M $37.13M $68.39M
YoY Change -58.31% -60.29% -15.8%
Total Short-Term Liabilities $2.131B $2.202B $2.091B
YoY Change 3.75% 18.88% 25.85%
LONG-TERM LIABILITIES
Long-Term Debt $3.012B $3.011B $3.010B
YoY Change -0.23% -0.18% -0.2%
Other Long-Term Liabilities $112.3M $95.93M $120.9M
YoY Change -4.29% -29.56% 6.89%
Total Long-Term Liabilities $3.124B $3.107B $3.131B
YoY Change -0.39% -1.45% 0.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.131B $2.202B $2.091B
Total Long-Term Liabilities $3.124B $3.107B $3.131B
Total Liabilities $6.077B $6.162B $6.078B
YoY Change 2.76% 8.93% 12.72%
SHAREHOLDERS EQUITY
Retained Earnings $10.80B $9.946B $8.801B
YoY Change 60.67% 71.98% 71.41%
Common Stock $1.221B $1.214B $1.205B
YoY Change 0.04% 0.22% 0.09%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.050B
YoY Change 88.9%
Treasury Stock Shares $77.98M
Shareholders Equity $7.971B $7.588B $6.964B
YoY Change
Total Liabilities & Shareholders Equity $14.05B $13.71B $13.06B
YoY Change 21.77% 28.29% 28.92%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $914.3M $1.215B $1.107B
YoY Change -8.58% 70.55% 152.39%
Depreciation, Depletion And Amortization $98.71M $95.70M $87.55M
YoY Change 12.94% 9.94% 0.72%
Cash From Operating Activities $1.496B $1.002B $819.0M
YoY Change 137.18% 70.61% 212.36%
INVESTING ACTIVITIES
Capital Expenditures -$241.2M $164.1M $159.3M
YoY Change -212.39% -40.79% -48.58%
Acquisitions
YoY Change
Other Investing Activities -$276.9M -$4.817M -$410.0K
YoY Change 26942.87% 159.12% 5.13%
Cash From Investing Activities -$518.1M -$510.8M -$381.4M
YoY Change 142.57% 85.52% 23.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $517.0M $389.2M
YoY Change 31.49%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -564.6M -673.5M -491.9M
YoY Change 29.72% 51.92% 545.8%
NET CHANGE
Cash From Operating Activities 1.496B 1.002B 819.0M
Cash From Investing Activities -518.1M -510.8M -381.4M
Cash From Financing Activities -564.6M -673.5M -491.9M
Net Change In Cash 413.4M -182.4M -54.34M
YoY Change -2391.26% 38.82% -55.98%
FREE CASH FLOW
Cash From Operating Activities $1.496B $1.002B $819.0M
Capital Expenditures -$241.2M $164.1M $159.3M
Free Cash Flow $1.737B $837.7M $659.6M
YoY Change 317.45% 170.21% -1483.7%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Address State Or Province
EntityAddressStateOrProvince
IN
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
46804
CY2022Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Entity Central Index Key
EntityCentralIndexKey
0001022671
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherAssetsNoncurrent
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherAssetsNoncurrent
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherAssetsNoncurrent
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherAssetsNoncurrent
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherAssetsNoncurrent
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2022#OtherAssetsNoncurrent
us-gaap Derivative Excluded Component Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeExcludedComponentGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#CostOfGoodsAndServicesSold
CY2021Q2 us-gaap Derivative Excluded Component Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeExcludedComponentGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#CostOfGoodsAndServicesSold
us-gaap Derivative Excluded Component Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeExcludedComponentGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#CostOfGoodsAndServicesSold
CY2022Q2 us-gaap Derivative Excluded Component Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeExcludedComponentGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#CostOfGoodsAndServicesSold
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
0-21719
dei Entity Registrant Name
EntityRegistrantName
Steel Dynamics, Inc
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
IN
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
35-1929476
dei Entity Address Address Line1
EntityAddressAddressLine1
7575 West Jefferson Blvd
dei Entity Address City Or Town
EntityAddressCityOrTown
Fort Wayne
dei City Area Code
CityAreaCode
260
dei Local Phone Number
LocalPhoneNumber
969-3500
us-gaap Gross Profit
GrossProfit
1999958000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
6009947000
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
182610729
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.44
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1007085000
dei Security12b Title
Security12bTitle
Common Stock voting, $0.0025 par value
dei Trading Symbol
TradingSymbol
STLD
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9912000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
120087000
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1243868000
CY2022Q2 us-gaap Short Term Investments
ShortTermInvestments
351005000
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2573539000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1911385000
CY2022Q2 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
87176000
CY2021Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
5049000
CY2022Q2 us-gaap Inventory Net
InventoryNet
3647061000
CY2021Q4 us-gaap Inventory Net
InventoryNet
3531130000
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
90144000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
209591000
CY2022Q2 us-gaap Assets Current
AssetsCurrent
7756010000
CY2021Q4 us-gaap Assets Current
AssetsCurrent
6901023000
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4886555000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4751430000
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
281022000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
295345000
CY2022Q2 us-gaap Goodwill
Goodwill
452341000
CY2021Q4 us-gaap Goodwill
Goodwill
453835000
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
335286000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
129601000
CY2022Q2 us-gaap Assets
Assets
13711214000
CY2021Q4 us-gaap Assets
Assets
12531234000
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1365608000
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1266833000
CY2022Q2 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
15206000
CY2021Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
13722000
CY2022Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
36976000
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
13746000
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
428758000
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
539812000
CY2022Q2 us-gaap Interest Payable Current
InterestPayableCurrent
17531000
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
17533000
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
300663000
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
278549000
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
37130000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
97174000
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
2201872000
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2227369000
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3011116000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3008702000
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
853407000
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
854905000
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
95929000
CY2022Q2 us-gaap Liabilities
Liabilities
6162324000
CY2021Q4 us-gaap Liabilities
Liabilities
6211063000
CY2022Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
168303000
us-gaap Revenues
Revenues
8009905000
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.32
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4329536000
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3265616000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
8116925000
CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
211414000
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0025
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0025
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
900000000
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
900000000
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
267224622
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
267224622
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
182610729
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
194997922
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
649000
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
649000
CY2022Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
84613893
CY2021Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
72226700
CY2022Q2 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
3566493000
CY2021Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
2674267000
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1213481000
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1218933000
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
9945710000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
7761417000
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4999000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2091000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
7588348000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
6304641000
CY2022Q2 us-gaap Minority Interest
MinorityInterest
-207761000
CY2021Q4 us-gaap Minority Interest
MinorityInterest
-195884000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7380587000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6108757000
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13711214000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12531234000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5964503000
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4453556000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11375304000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7991181000
CY2022Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
248375000
CY2021Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
11752000
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
407476000
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
18724000
CY2022Q2 us-gaap Revenues
Revenues
6212878000
CY2021Q2 us-gaap Revenues
Revenues
4465308000
us-gaap Revenues
Revenues
11782780000
CY2022Q2 us-gaap Gross Profit
GrossProfit
1883342000
CY2021Q2 us-gaap Gross Profit
GrossProfit
1199692000
us-gaap Gross Profit
GrossProfit
3665855000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8521000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
18160000
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1209554000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
12.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.35
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
702291000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2313485000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1132798000
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.49
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
190491000
CY2022Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
118377000
CY2021Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
154379000
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
270392000
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
304160000
CY2022Q2 us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
139742000
CY2021Q2 us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
82140000
us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
268211000
us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
130988000
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7160000
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7438000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14322000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14876000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1618063000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
955735000
us-gaap Operating Income Loss
OperatingIncomeLoss
3112930000
us-gaap Operating Income Loss
OperatingIncomeLoss
1549934000
CY2022Q2 us-gaap Interest Expense
InterestExpense
25667000
CY2021Q2 us-gaap Interest Expense
InterestExpense
14898000
us-gaap Interest Expense
InterestExpense
42336000
us-gaap Interest Expense
InterestExpense
32167000
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4021000
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-10039000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-16447000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-20110000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1596417000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
930798000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3054147000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1497657000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
381765000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
218595000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
732141000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
346699000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
1214652000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
712203000
us-gaap Profit Loss
ProfitLoss
2322006000
us-gaap Profit Loss
ProfitLoss
1150958000
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5098000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
12.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.39
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
186442000
us-gaap Share Based Compensation
ShareBasedCompensation
26848000
CY2022Q2 stld Deferred Income Tax Noncash Expense Benefit
DeferredIncomeTaxNoncashExpenseBenefit
-2636000
CY2021Q2 stld Deferred Income Tax Noncash Expense Benefit
DeferredIncomeTaxNoncashExpenseBenefit
50722000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
187740000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
211246000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
209647000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
189300000
stld Deferred Income Tax Noncash Expense Benefit
DeferredIncomeTaxNoncashExpenseBenefit
-4000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
210331000
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
11069000
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
9808000
CY2022Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
297047000
CY2021Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
204561000
us-gaap Share Based Compensation
ShareBasedCompensation
27588000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
211750000
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.26
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.68
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.52
CY2022Q2 us-gaap Profit Loss
ProfitLoss
1214652000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
712203000
us-gaap Profit Loss
ProfitLoss
2322006000
us-gaap Profit Loss
ProfitLoss
1150958000
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-4465000
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
8332000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-908000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
9508000
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-14295000
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
26677000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-2908000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
30442000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1200357000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
738880000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2319098000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1181400000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
5098000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
9912000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
8521000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
18160000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1195259000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
728968000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2310577000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1163240000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
1214652000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
712203000
us-gaap Profit Loss
ProfitLoss
2322006000
us-gaap Profit Loss
ProfitLoss
1150958000
CY2022Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
95701000
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
87047000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
183247000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
173966000
stld Deferred Income Tax Noncash Expense Benefit
DeferredIncomeTaxNoncashExpenseBenefit
117466000
CY2022Q2 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-640000
CY2021Q2 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-1472000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
10517000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-2134000
CY2022Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
130552000
CY2021Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
264935000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
744281000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
599106000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
116237000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
639523000
CY2022Q2 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
12887000
CY2021Q2 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4285000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-6515000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1543000
CY2022Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
414719000
CY2021Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
408565000
us-gaap Repayments Of Debt
RepaymentsOfDebt
763991000
us-gaap Repayments Of Debt
RepaymentsOfDebt
712849000
CY2022Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
64344000
CY2021Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
54916000
CY2022Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
187521000
CY2021Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
63155000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
111550000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
423836000
CY2022Q2 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-203352000
CY2021Q2 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
27551000
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
138553000
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
87144000
CY2022Q2 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
140023000
CY2021Q2 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
111997000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-118634000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
108423000
CY2022Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1001852000
CY2021Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
587230000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1820820000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
849421000
CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
164142000
CY2021Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
277206000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
323472000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
587069000
CY2022Q2 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
351510000
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
351510000
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
222480000
CY2022Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-4817000
CY2021Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1859000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-5227000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2249000
CY2022Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-510835000
CY2021Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-275347000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-892235000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-584820000
CY2022Q2 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
382868000
CY2021Q2 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
419464000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
702647000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
716905000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
115043000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
107645000
CY2022Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
517024000
CY2021Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
393198000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
906214000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
393198000
CY2022Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-60241000
CY2021Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6094000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-82768000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-22692000
CY2022Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-673460000
CY2021Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-443309000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1165369000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-519479000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-182443000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-131426000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-236784000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-254878000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1195028000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1250670000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1249369000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1374122000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1012585000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1119244000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1012585000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1119244000
CY2022Q2 us-gaap Interest Paid Net
InterestPaidNet
41114000
CY2021Q2 us-gaap Interest Paid Net
InterestPaidNet
41727000
us-gaap Interest Paid Net
InterestPaidNet
50282000
us-gaap Interest Paid Net
InterestPaidNet
53042000
CY2022Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
580454000
CY2021Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
146002000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
590402000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
148144000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">These consolidated financial statements are prepared in conformity with accounting principles generally accepted in the United States, and accordingly, include amounts that require management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and in the notes thereto. Significant items subject to such estimates and assumptions include the carrying value of property, plant and equipment, intangible assets, and goodwill; valuation allowances for trade receivables, inventories and deferred income tax assets; unrecognized tax benefits; potential environmental liabilities; and litigation claims and settlements. Actual results may differ from these estimates and assumptions.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">In the opinion of management, these financial statements reflect all normal recurring adjustments necessary for a fair presentation of the interim period results. These consolidated financial statements and notes should be read in conjunction with the audited financial statements and notes thereto included in the company’s Annual Report on Form 10-K for the year ended December 31, 2021.</p>
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1419000
CY2021Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
9905000
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5500000
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5500000
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5500000
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5500000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5500000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5500000
CY2022Q2 us-gaap Goodwill
Goodwill
452341000
CY2021Q4 us-gaap Goodwill
Goodwill
453835000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2313485000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
190491000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
12.14
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1132798000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
211750000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.35
CY2022Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
2700000000
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6300000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1209554000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
186442000
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.49
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
702291000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
209647000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.35
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1298000
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1599000
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1209554000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
187740000
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.44
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
702291000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
211246000
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.32
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2313485000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
189300000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
12.22
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1132798000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
210331000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.39
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1191000
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
389190000
CY2022Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
-2071000
CY2022Q1 us-gaap Profit Loss
ProfitLoss
1107354000
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
11387000
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6750260000
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
62088000
CY2022Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
630000
CY2022Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1948639000
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1870300000
CY2022Q2 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
585805000
CY2021Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
552616000
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
388830000
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
402207000
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
723787000
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
706007000
CY2022Q2 us-gaap Inventory Net
InventoryNet
3647061000
CY2021Q4 us-gaap Inventory Net
InventoryNet
3531130000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6108757000
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
64344000
CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
21633000
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
517024000
CY2022Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
9712000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
1214652000
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-14295000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7380587000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4189612000
CY2021Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
54917000
CY2021Q1 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
4273000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
438755000
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
3765000
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4571583000
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
53380000
CY2021Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
18879000
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
393198000
CY2021Q2 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
8932000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
712203000
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
26677000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4853938000
CY2022Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
36698000
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
5597000
CY2022Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
23262000
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
13601000
CY2022Q2 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
10000
CY2021Q2 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
1600000
us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
295000
us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
1600000
CY2022Q2 us-gaap Gain Loss From Components Excluded From Assessment Of Fair Value Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfFairValueHedgeEffectivenessNet
1600000
CY2021Q2 us-gaap Gain Loss From Components Excluded From Assessment Of Fair Value Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfFairValueHedgeEffectivenessNet
-3400000
us-gaap Gain Loss From Components Excluded From Assessment Of Fair Value Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfFairValueHedgeEffectivenessNet
1100000
us-gaap Gain Loss From Components Excluded From Assessment Of Fair Value Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfFairValueHedgeEffectivenessNet
1900000
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-21400000
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
34800000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-3200000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
44100000
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
2600000
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
2800000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-599000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
7200000
CY2022Q2 us-gaap Price Risk Cash Flow Hedge Unrealized Gain Loss To Be Reclassified During Next12 Months
PriceRiskCashFlowHedgeUnrealizedGainLossToBeReclassifiedDuringNext12Months
-6600000
stld Period With In Which Company Expects To Reclassify Net Gains On Derivative Instruments From Oci To Earnings
PeriodWithInWhichCompanyExpectsToReclassifyNetGainsOnDerivativeInstrumentsFromOciToEarnings
P12M
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
3100000000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
3100000000
CY2022Q2 us-gaap Revenues
Revenues
6212878000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1618063000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1596417000
CY2022Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
95701000
CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
164142000
CY2022Q2 us-gaap Assets
Assets
13711214000
CY2021Q2 us-gaap Revenues
Revenues
4465308000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
955735000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
930798000
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
87047000
CY2021Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
277206000
us-gaap Revenues
Revenues
11782780000
us-gaap Operating Income Loss
OperatingIncomeLoss
3112930000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3054147000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
183247000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
323472000
us-gaap Revenues
Revenues
8009905000
us-gaap Operating Income Loss
OperatingIncomeLoss
1549934000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1497657000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
173966000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
587069000

Files In Submission

Name View Source Status
0001558370-22-011581-index-headers.html Edgar Link pending
0001558370-22-011581-index.html Edgar Link pending
0001558370-22-011581.txt Edgar Link pending
0001558370-22-011581-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
stld-20220630.xsd Edgar Link pending
stld-20220630x10q.htm Edgar Link pending
stld-20220630x10q001.jpg Edgar Link pending
stld-20220630x10q002.jpg Edgar Link pending
stld-20220630x10q_htm.xml Edgar Link completed
stld-20220630xex31d1.htm Edgar Link pending
stld-20220630xex31d2.htm Edgar Link pending
stld-20220630xex32d1.htm Edgar Link pending
stld-20220630xex32d2.htm Edgar Link pending
stld-20220630_cal.xml Edgar Link unprocessable
stld-20220630_def.xml Edgar Link unprocessable
stld-20220630_lab.xml Edgar Link unprocessable
stld-20220630_pre.xml Edgar Link unprocessable