v3.25.2
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 05, 2025
Jun. 29, 2024
Jul. 05, 2025
Jun. 29, 2024
Statement Of Comprehensive Income [Abstract]        
Net earnings before noncontrolling interests $ 706 $ 712 $ 932 $ 1,671
Other comprehensive income (loss):        
Net unrealized income (loss) on hedging derivatives, net of income taxes of $(5) and $0 for the second quarter of 2025 and 2024, respectively, and $(2) for the first six months of 2025 and 2024. (16) 0 (6) (5)
Reclassification adjustment for settlement of hedging derivatives included in net earnings, net of income taxes of $1 and $2 for the second quarter of 2025 and 2024, respectively, and $2 and $4 for the first six months of 2025 and 2024, respectively 4 [1] 8 [2] 7 [1] 13 [2]
Foreign currency translation gain (loss), net of income taxes of $0 for the second quarter and first six months of 2025 and 2024 43 (9) 40 (24)
Net current-period other comprehensive income (loss) 31 (1) 41 (16)
Comprehensive income 737 711 973 1,655
Comprehensive income attributable to noncontrolling interests 103 67 173 181
Comprehensive income attributable to Nucor stockholders $ 634 $ 644 $ 800 $ 1,474
[1] Includes $4 million and $7 million net-of-tax impact of accumulated other comprehensive income (loss) reclassifications into cost of products sold for net losses on commodity contracts in the second quarter and first six months of 2025, respectively. The tax impact of those reclassifications was $1 million and $2 million in the second quarter and first six months of 2025, respectively.
[2] Includes $8 million and $13 million net-of-tax impact of accumulated other comprehensive income (loss) reclassifications into cost of products sold for net gains on commodity contracts in the second quarter and first six months of 2024, respectively. The tax impact of those reclassifications was $2 million and $4 million in the second quarter and first six months of 2024, respectively.