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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 94.1 $ 106.2
Accounts receivable, less allowance for doubtful accounts of $18.7 at September 30, 2015 and $18.3 at December 31, 2014 1,074.3 1,144.6
Inventories 1,587.3 1,752.1
Prepaid expenses and other current assets 49.3 71.8
Income taxes receivable 38.6  
Deferred income taxes 46.4 46.4
Total current assets 2,890.0 3,121.1
Property, plant and equipment:    
Land 196.6 197.5
Buildings 986.9 983.2
Machinery and equipment 1,553.8 1,479.8
Accumulated depreciation (1,111.3) (1,004.1)
Total property, plant and equipment 1,626.0 1,656.4
Goodwill 1,727.0 1,736.4
Intangible assets, net 1,140.7 1,227.4
Cash surrender value of life insurance policies, net 36.4 46.4
Other assets 35.5 34.7
Total assets 7,455.6 7,822.4
Current liabilities:    
Accounts payable 326.5 286.5
Accrued expenses 99.9 98.2
Accrued compensation and retirement costs 119.2 128.4
Accrued insurance costs 43.1 46.6
Current maturities of long-term debt and short-term borrowings 109.4 93.9
Income taxes payable   9.2
Total current liabilities 698.1 662.8
Long-term debt 1,986.1 2,208.1
Long-term retirement costs 103.9 102.2
Other long-term liabilities 29.1 28.5
Deferred income taxes $ 687.9 $ 692.9
Commitments and contingencies
Equity:    
Preferred stock, $0.001 par value: Authorized shares - 5,000,000 None issued or outstanding
Common stock and additional paid-in capital, $0.001 par value: Authorized shares - 200,000,000 Issued and outstanding shares - 72,400,959 at September 30, 2015 and 77,337,251 at December 31, 2014 $ 532.0 $ 819.4
Retained earnings 3,479.9 3,328.5
Accumulated other comprehensive loss (92.1) (48.9)
Total Reliance stockholders' equity 3,919.8 4,099.0
Noncontrolling interests 30.7 28.9
Total equity 3,950.5 4,127.9
Total liabilities and equity $ 7,455.6 $ 7,822.4