XML 18 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 43.3 $ 61.4
Restricted cash 1.1 1.1
Receivables less provisions of $2.1 at March 31, 2021 and $1.7 at December 31, 2020 544.1 378.9
Inventories 617.2 604.5
Prepaid expenses and other current assets 89.4 57.5
Total current assets 1,295.1 1,103.4
Property, plant, and equipment, at cost 819.1 822.9
Less: Accumulated depreciation 407.2 401.1
Property, plant, and equipment, net 411.9 421.8
Operating lease assets 110.6 108.3
Other intangible assets 42.2 43.2
Goodwill 121.2 120.3
Deferred charges and other assets 5.2 5.1
Total assets 1,986.2 1,802.1
Current liabilities:    
Accounts payable 493.2 365.1
Salaries, wages, and commissions 62.7 43.1
Other accrued liabilities 98.9 78.3
Short-term debt 18.1 13.8
Current portion of operating lease liabilities 21.8 20.7
Current portion of deferred employee benefits 6.6 6.6
Total current liabilities 701.3 527.6
Long-term debt 723.3 726.2
Deferred employee benefits 211.6 231.6
Noncurrent operating lease liabilities 92.3 93.0
Deferred income taxes 63.3 58.2
Other noncurrent liabilities 19.7 20.4
Total liabilities 1,811.5 1,657.0
Commitments and contingencies
Ryerson Holding Corporation stockholders’ equity:    
Preferred stock, value
Common stock, $0.01 par value; 100,000,000 shares authorized; 38,329,897 shares issued at March 31, 2021 and December 31, 2020 0.4 0.4
Capital in excess of par value 384.7 383.1
Retained earnings 59.1 33.8
Treasury stock at cost - Common stock, value (6.6) (6.6)
Accumulated other comprehensive loss (269.4) (271.9)
Total Ryerson Holding Corporation stockholders’ equity 168.2 138.8
Noncontrolling interest 6.5 6.3
Total equity 174.7 145.1
Total liabilities and equity $ 1,986.2 $ 1,802.1