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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 44.7 $ 51.2
Restricted cash 1.1 1.2
Receivables less provisions of $2.7 at March 31, 2022 and $2.2 at December 31, 2021 788.7 630.8
Inventories 839.1 832.1
Prepaid expenses and other current assets 96.9 77.7
Total current assets 1,770.5 1,593.0
Property, plant, and equipment, at cost 813.6 792.8
Less: Accumulated depreciation 414.3 404.5
Property, plant, and equipment, net 399.3 388.3
Operating lease assets 205.6 211.1
Other intangible assets 40.8 42.2
Goodwill 124.9 124.1
Deferred charges and other assets 7.6 6.9
Total assets 2,548.7 2,365.6
Current liabilities:    
Accounts payable 602.6 481.2
Salaries, wages, and commissions 56.5 76.6
Other accrued liabilities 149.7 133.4
Short-term debt 24.7 28.8
Current portion of operating lease liabilities 24.7 24.9
Current portion of deferred employee benefits 6.2 6.1
Total current liabilities 864.4 751.0
Long-term debt 526.6 610.5
Deferred employee benefits 159.1 163.3
Noncurrent operating lease liabilities 180.8 184.8
Deferred income taxes 95.0 94.1
Other noncurrent liabilities 17.3 17.3
Total liabilities 1,843.2 1,821.0
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 March 31, 2022 and December 31, 2021
Common stock, $0.01 par value; 100,000,000 shares authorized; 39,058,018 and 38,687,094 shares issued at March 31, 2022 and December 31, 2021, respectively 0.4 0.4
Capital in excess of par value 389.9 388.6
Retained earnings 481.4 321.7
Treasury stock at cost ? Common stock, value (11.6) (8.4)
Accumulated other comprehensive loss (162.2) (165.1)
Total Ryerson Holding Corporation stockholders’ equity 697.9 537.2
Noncontrolling interest 7.6 7.4
Total equity 705.5 544.6
Total liabilities and equity $ 2,548.7 $ 2,365.6