CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 112.1	$ 154.4
Accounts receivable, less allowance for doubtful accounts of $21.5 at September 30, 2018 and $15.5 at December 31, 2017	1,425.8	1,087.3
Inventories	2,083.7	1,726.0
Prepaid expenses and other current assets	71.0	80.7
Income taxes receivable		2.9
Total current assets	3,692.6	3,051.3
Property, plant and equipment:
Land	231.1	229.7
Buildings	1,136.3	1,095.3
Machinery and equipment	1,830.7	1,738.6
Accumulated depreciation	(1,516.7)	(1,407.3)
Property, plant and equipment, net	1,681.4	1,656.3
Goodwill	1,853.3	1,842.6
Intangible assets, net	1,064.5	1,112.1
Cash surrender value of life insurance policies, net	34.6	47.8
Other assets	46.2	40.9
Total assets	8,372.6	7,751.0
Current liabilities:
Accounts payable	461.2	346.7
Accrued expenses	89.0	83.6
Accrued compensation and retirement costs	156.7	139.3
Accrued insurance costs	41.4	42.1
Current maturities of long-term debt and short-term borrowings	89.1	92.0
Income taxes payable	2.6
Total current liabilities	840.0	703.7
Long-term debt	1,981.1	1,809.4
Long-term retirement costs	76.5	85.4
Other long-term liabilities	14.3	11.8
Deferred income taxes	430.4	440.8
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 – 71,443,121 at September 30, 2018 and 72,609,540 at December 31, 2017	495.6	594.6
Retained earnings	4,583.0	4,144.1
Accumulated other comprehensive loss	(83.1)	(71.6)
Total Reliance stockholders' equity	4,995.5	4,667.1
Noncontrolling interests	34.8	32.8
Total equity	5,030.3	4,699.9
Total liabilities and equity	$ 8,372.6	$ 7,751.0