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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 188.3 $ 11.0
Restricted cash 16.4 48.8
Receivables less provisions of $3.5 in 2020 and 2019 490.7 425.1
Inventories 742.8 742.9
Prepaid expenses and other current assets 54.2 52.2
Total current assets 1,492.4 1,280.0
Property, plant, and equipment, at cost 808.2 806.5
Less: Accumulated depreciation 374.5 366.8
Property, plant, and equipment, net 433.7 439.7
Operating lease assets 121.5 128.2
Other intangible assets 48.7 50.6
Goodwill 120.3 120.3
Deferred charges and other assets 2.7 2.7
Total assets 2,219.3 2,021.5
Current liabilities:    
Accounts payable 377.5 311.5
Salaries, wages, and commissions 29.9 35.3
Other accrued liabilities 83.7 68.0
Short-term debt 31.3 49.2
Current portion of operating lease liabilities 21.2 20.9
Current portion of deferred employee benefits 6.9 7.0
Total current liabilities 550.5 491.9
Long-term debt 1,064.8 932.6
Deferred employee benefits 206.4 217.5
Noncurrent operating lease liabilities 106.2 112.8
Deferred income taxes 79.5 65.2
Other noncurrent liabilities 26.5 22.9
Total liabilities 2,033.9 1,842.9
Commitments and contingencies
Ryerson Holding Corporation stockholders’ equity:    
Preferred stock, value
Common stock, $0.01 par value; 100,000,000 shares authorized; 37,996,261 shares issued at 2020 and 2019 0.4 0.4
Capital in excess of par value 381.8 381.2
Retained earnings 116.0 99.6
Treasury stock at cost - Common stock, value (6.6) (6.6)
Accumulated other comprehensive loss (312.2) (302.0)
Total Ryerson Holding Corporation stockholders’ equity 179.4 172.6
Noncontrolling interest 6.0 6.0
Total equity 185.4 178.6
Total liabilities and equity $ 2,219.3 $ 2,021.5