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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and equivalents $ 1,628,417 $ 1,243,868
Short-term investments 628,215  
Accounts receivable, net of allowances for credit losses of $5,678 and $6,161 as of December 31, 2022, and December 31, 2021, respectively 1,976,282 1,911,385
Accounts receivable-related parties 79,769 5,049
Inventories 3,129,964 3,531,130
Other current assets 195,371 209,591
Total current assets 7,638,018 6,901,023
Property, plant and equipment, net 5,373,665 4,751,430
Intangible assets, net 267,507 295,345
Goodwill 502,067 453,835
Other assets 378,727 129,601
Total assets 14,159,984 12,531,234
Current liabilities    
Accounts payable 1,007,304 1,266,833
Accounts payable-related parties 9,934 13,722
Income taxes payable 6,520 13,746
Accrued payroll and benefits 610,558 539,812
Accrued expenses 340,646 296,082
Current maturities of long-term debt 57,334 97,174
Total current liabilities 2,032,296 2,227,369
Long-term debt 3,013,241 3,008,702
Deferred income taxes 889,103 854,905
Other liabilities 129,539 120,087
Total liabilities 6,064,179 6,211,063
Commitments and contingencies
Redeemable noncontrolling interests 181,503 211,414
Equity    
Common stock voting, $.0025 par value; 900,000,000 shares authorized; 267,762,488 and 267,224,622 shares issued; and 172,936,163 and 194,997,922 shares outstanding, as of December 31, 2022, and December 31, 2021, respectively 650 649
Treasury stock, at cost; 94,826,325 and 72,226,700 shares, as of December 31, 2022, and December 31, 2021, respectively (4,459,513) (2,674,267)
Additional paid-in capital 1,212,566 1,218,933
Retained earnings 11,375,765 7,761,417
Accumulated other comprehensive income (loss) 889 (2,091)
Total Steel Dynamics, Inc. equity 8,130,357 6,304,641
Noncontrolling interests (216,055) (195,884)
Total equity 7,914,302 6,108,757
Total liabilities and equity $ 14,159,984 $ 12,531,234