CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 128.2	$ 154.4
Accounts receivable, less allowance for doubtful accounts of $18.8 at December 31, 2018 and $15.5 at December 31, 2017	1,242.3	1,087.3
Inventories	1,817.1	1,726.0
Prepaid expenses and other current assets	81.5	80.7
Income taxes receivable	15.9	2.9
Total current assets	3,285.0	3,051.3
Property, plant and equipment:
Land	233.9	229.7
Buildings	1,158.9	1,095.3
Machinery and equipment	1,880.1	1,738.6
Accumulated depreciation	(1,543.0)	(1,407.3)
Property, plant and equipment, net	1,729.9	1,656.3
Goodwill value	1,870.8	1,842.6
Intangible assets, net	1,072.0	1,112.1
Cash surrender value of life insurance policies, net	43.6	47.8
Other assets	43.6	40.9
Total assets	8,044.9	7,751.0
Current liabilities:
Accounts payable	338.8	346.7
Accrued expenses	77.4	83.6
Accrued compensation and retirement costs	174.8	139.3
Accrued insurance costs	42.9	42.1
Current maturities of long-term debt and short-term borrowings	65.2	92.0
Total current liabilities	699.1	703.7
Long-term debt	2,138.5	1,809.4
Long-term retirement costs	71.8	85.4
Other long-term liabilities	15.9	11.8
Deferred income taxes	440.1	440.8
Commitment and contingencies
Equity:
Preferred stock, $0.001 par value: Authorized shares — 5,000 None issued or outstanding
Common stock and additional paid-in capital, $0.001 par value: Authorized shares — 200,000 Issued and outstanding shares – 66,882 at December 31, 2018 and 72,610 at December 31, 2017	136.4	594.6
Retained earnings	4,637.9	4,144.1
Accumulated other comprehensive loss	(102.7)	(71.6)
Total Reliance stockholders' equity	4,671.6	4,667.1
Noncontrolling interests	7.9	32.8
Total equity	4,679.5	4,699.9
Total liabilities and equity	$ 8,044.9	$ 7,751.0