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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 39.9 $ 61.4
Restricted cash 1.1 1.1
Receivables less provisions of $2.9 at September 30, 2021 and $1.7 at December 31, 2020 699.7 378.9
Inventories 855.8 604.5
Prepaid expenses and other current assets 98.0 57.5
Total current assets 1,694.5 1,103.4
Property, plant, and equipment, at cost 765.8 822.9
Less: Accumulated depreciation 399.6 401.1
Property, plant, and equipment, net 366.2 421.8
Operating lease assets 204.7 108.3
Other intangible assets 43.9 43.2
Goodwill 124.4 120.3
Deferred charges and other assets 6.3 5.1
Total assets 2,440.0 1,802.1
Current liabilities:    
Accounts payable 612.4 365.1
Salaries, wages, and commissions 84.8 43.1
Other accrued liabilities 135.5 78.3
Short-term debt 28.5 13.8
Current portion of operating lease liabilities 25.4 20.7
Current portion of deferred employee benefits 6.6 6.6
Total current liabilities 893.2 527.6
Long-term debt 644.1 726.2
Deferred employee benefits 178.6 231.6
Noncurrent operating lease liabilities 176.6 93.0
Deferred income taxes 99.7 58.2
Other noncurrent liabilities 19.5 20.4
Total liabilities 2,011.7 1,657.0
Commitments and contingencies
Ryerson Holding Corporation stockholders’ equity:    
Preferred stock, $0.01 par value; 7,000,000 shares authorized; no shares issued and outstanding at September 30, 2021 and December 31, 2020
Common stock, $0.01 par value; 100,000,000 shares authorized; 38,687,094 and 38,329,897 shares issued at September 30, 2021 and December 31, 2020, respectively 0.4 0.4
Capital in excess of par value 387.4 383.1
Retained earnings 218.6 33.8
Treasury stock at cost – Common stock, value (7.5) (6.6)
Accumulated other comprehensive loss (177.8) (271.9)
Total Ryerson Holding Corporation stockholders’ equity 421.1 138.8
Noncontrolling interest 7.2 6.3
Total equity 428.3 145.1
Total liabilities and equity $ 2,440.0 $ 1,802.1