Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Steel Dynamics Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Accounts payable, unrelated parties	1,266,833)	760,536)	509,687)	536,743)	473,765)
Accounts payable, related parties	13,722)	8,919)	3,657)	14,011)	15,683)
Accounts payable	1,280,555)	769,455)	513,344)	550,754)	489,448)
Income taxes payable	13,746)	2,386)	2,014)	7,468)	3,696)
Accrued payroll and benefits	539,812)	201,778)	208,287)	264,542)	195,909)
Accrued interest	17,533)	19,656)	18,292)	25,526)	25,533)
Accrued expenses	278,549)	178,618)	175,405)	146,613)	125,138)
Current maturities of long-term debt	97,174)	86,894)	89,356)	24,234)	28,795)
Current liabilities	2,227,369)	1,258,787)	1,006,698)	1,019,137)	868,519)
Long-term debt, excluding current maturities	3,008,702)	3,015,782)	2,644,988)	2,352,489)	2,353,145)
Deferred income taxes	854,905)	536,288)	484,169)	435,838)	305,949)
Other liabilities	120,087)	106,479)	75,055)	8,870)	21,811)
Noncurrent liabilities	3,983,694)	3,658,549)	3,204,212)	2,797,197)	2,680,905)
Total liabilities	6,211,063)	4,917,336)	4,210,910)	3,816,334)	3,549,424)
Redeemable noncontrolling interests	211,414)	158,614)	143,614)	111,240)	111,240)
Common stock voting, $.0025 par value	649)	648)	646)	645)	644)
Treasury stock, at cost	(2,674,267)	(1,623,747)	(1,525,113)	(1,184,243)	(665,297)
Additional paid-in capital	1,218,933)	1,207,392)	1,181,012)	1,160,048)	1,141,534)
Retained earnings	7,761,417)	4,758,969)	4,419,296)	3,958,320)	2,874,693)
Accumulated other comprehensive income (loss)	(2,091)	1,902)	(7)	301)	—)
Total Steel Dynamics, Inc. equity	6,304,641)	4,345,164)	4,075,834)	3,935,071)	3,351,574)
Noncontrolling interests	(195,884)	(155,552)	(154,593)	(159,082)	(156,506)
Total equity	6,108,757)	4,189,612)	3,921,241)	3,775,989)	3,195,068)
Total liabilities and equity	12,531,234)	9,265,562)	8,275,765)	7,703,563)	6,855,732)

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

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Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Steel Dynamics Inc. current liabilities increased from 2019 to 2020 and from 2020 to 2021.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Steel Dynamics Inc. noncurrent liabilities increased from 2019 to 2020 and from 2020 to 2021.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Steel Dynamics Inc. total liabilities increased from 2019 to 2020 and from 2020 to 2021.
Total Steel Dynamics, Inc. equity	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Steel Dynamics Inc. total Steel Dynamics, Inc. equity increased from 2019 to 2020 and from 2020 to 2021.

Steel Dynamics Inc. (NASDAQ:STLD)

Balance Sheet: Liabilities and Stockholders’ Equity