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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 97.6 $ 84.6
Accounts receivable, less allowance for doubtful accounts of $20.5 at December 31, 2012 and $22.2 at December 31, 2011 807.7 896.2
Inventories 1,272.3 1,212.8
Prepaid expenses and other current assets 40.9 47.8
Income taxes receivable 28.4  
Deferred income taxes 30.5 33.3
Total current assets 2,277.4 2,274.7
Property, plant and equipment:    
Land 155.6 145.8
Buildings 725.1 656.8
Machinery and equipment 1,124.7 982.9
Accumulated depreciation (764.7) (680.0)
Total property, plant and equipment 1,240.7 1,105.5
Goodwill 1,314.6 1,244.3
Intangible assets, net 936.5 895.9
Cash surrender value of life insurance policies, net 45.2 41.9
Investments in unconsolidated entities 15.5 16.2
Other assets 27.8 27.4
Total assets 5,857.7 5,605.9
Current liabilities:    
Accounts payable 255.6 335.2
Accrued expenses 87.4 54.0
Accrued compensation and retirement costs 112.8 111.0
Accrued insurance costs 38.8 42.1
Current maturities of long-term debt and short-term borrowings 83.6 12.2
Income taxes payable   21.9
Total current liabilities 578.2 576.4
Long-term debt 1,123.8 1,319.0
Long-term retirement costs 94.9 88.6
Other long-term liabilities 27.1 30.1
Deferred income taxes 466.3 439.8
Commitments and contingencies      
Equity:    
Preferred stock, no par value: Authorized shares - 5,000,000 None issued or outstanding      
Common stock, no par value: Authorized shares - 200,000,000 Issued and outstanding shares - 76,042,546 at December 31, 2012 and 75,007,694 at December 31, 2011, stated capital 722.2 657.1
Retained earnings 2,837.7 2,495.6
Accumulated other comprehensive loss (1.5) (8.8)
Total Reliance shareholders' equity 3,558.4 3,143.9
Noncontrolling interests 9.0 8.1
Total equity 3,567.4 3,152.0
Total liabilities and equity $ 5,857.7 $ 5,605.9