XML 67 R45.htm IDEA: XBRL DOCUMENT
v3.22.4

Long-Term Debt - Senior Unsecured Notes (Details) $ in Thousands | 1 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Jun. 30, 2020 | Dec. 31, 2022 USD ($) loan | Dec. 31, 2021 USD ($)
Long Term Debt |  |  |
Long-term Debt, Gross |  | $ 3,113,726 | $ 3,155,422
Carrying amount |  | $ 3,070,575 | 3,105,876
Senior Notes |  |  |
Long Term Debt |  |  |
Debt Instrument, Number of Tranches | loan |  | 7 |
5 1/4% Senior Notes due 2023 |  |  |
Long Term Debt |  |  |
Redemption price of debt instrument (as a percent) | 100.875% |  |
2.800% senior notes due 2024 |  |  |
Long Term Debt |  |  |
Long-term Debt, Gross |  | $ 400,000 | 400,000
Stated interest rate |  | 2.80% |
Redemption price of debt instrument (as a percent) |  | 100.00% |
2.400% senior notes due 2025 |  |  |
Long Term Debt |  |  |
Long-term Debt, Gross |  | $ 400,000 | 400,000
Stated interest rate |  | 2.40% |
Redemption price of debt instrument (as a percent) |  | 100.00% |
5.000% Senior Notes Due 2026 [Member] |  |  |
Long Term Debt |  |  |
Long-term Debt, Gross |  | $ 400,000 | 400,000
Stated interest rate |  | 5.00% |
5.000% Senior Notes Due 2026 [Member] | Debt Instrument, Redemption, Period Three [Member] |  |  |
Long Term Debt |  |  |
Redemption price of debt instrument (as a percent) |  | 101.667% |
5.000% Senior Notes Due 2026 [Member] | Debt Instrument, Redemption, Period Four [Member] |  |  |
Long Term Debt |  |  |
Redemption price of debt instrument (as a percent) |  | 100.833% |
5.000% Senior Notes Due 2026 [Member] | Debt Instrument, Redemption, Period Five [Member] |  |  |
Long Term Debt |  |  |
Redemption price of debt instrument (as a percent) |  | 100.00% |
1.650% senior notes due 2027 |  |  |
Long Term Debt |  |  |
Long-term Debt, Gross |  | $ 350,000 | 350,000
Stated interest rate |  | 1.65% |
Redemption price of debt instrument (as a percent) |  | 100.00% |
3.450% senior notes due 2030 |  |  |
Long Term Debt |  |  |
Long-term Debt, Gross |  | $ 600,000 | 600,000
Stated interest rate |  | 3.45% |
Redemption price of debt instrument (as a percent) |  | 100.00% |
3.250% senior notes due 2031 |  |  |
Long Term Debt |  |  |
Long-term Debt, Gross |  | $ 500,000 | 500,000
Stated interest rate |  | 3.25% |
Redemption price of debt instrument (as a percent) |  | 100.00% |
3.250% senior notes due 2050 |  |  |
Long Term Debt |  |  |
Long-term Debt, Gross |  | $ 400,000 | $ 400,000
Stated interest rate |  | 3.25% |
Redemption price of debt instrument (as a percent) |  | 100.00% |
US Treasury (UST) Interest Rate [Member] | 2.800% senior notes due 2024 |  |  |
Long Term Debt |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 0.20% |
US Treasury (UST) Interest Rate [Member] | 2.400% senior notes due 2025 |  |  |
Long Term Debt |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 0.35% |
US Treasury (UST) Interest Rate [Member] | 1.650% senior notes due 2027 |  |  |
Long Term Debt |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 0.20% |
US Treasury (UST) Interest Rate [Member] | 3.450% senior notes due 2030 |  |  |
Long Term Debt |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 0.25% |
US Treasury (UST) Interest Rate [Member] | 3.250% senior notes due 2031 |  |  |
Long Term Debt |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 0.40% |
US Treasury (UST) Interest Rate [Member] | 3.250% senior notes due 2050 |  |  |
Long Term Debt |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 0.30% |

X
- Definition Debt Instrument, Number of Tranches + References No definition available. + Details
Name: | stld_DebtInstrumentNumberOfTranches
Namespace Prefix: | stld_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage price of original principal amount of debt at which debt can be redeemed by the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph e -URI https://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentRedemptionPricePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, excluding unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=stld_SeniorNotes5.25PercentDue2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=stld_SeniorNotes2.80PercentDue2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=stld_SeniorNotes2.40PercentDue2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=stld_SeniorNotes5.500PercentDue2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentRedemptionPeriodAxis=us-gaap_DebtInstrumentRedemptionPeriodThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentRedemptionPeriodAxis=us-gaap_DebtInstrumentRedemptionPeriodFourMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentRedemptionPeriodAxis=us-gaap_DebtInstrumentRedemptionPeriodFiveMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=stld_SeniorNotes1.65PercentDue2027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=stld_SeniorNotes3.450PercentDue2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=stld_SeniorNotes3.25PercentDue2031Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=stld_SeniorNotes3.25PercentDue2050Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_UsTreasuryUstInterestRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |