CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 141.5	$ 128.2
Accounts receivable, less allowance for doubtful accounts of $20.4 at June 30, 2019 and $18.8 at December 31, 2018	1,350.3	1,242.3
Inventories	1,787.1	1,817.1
Prepaid expenses and other current assets	73.4	81.5
Income taxes receivable	13.6	15.9
Total current assets	3,365.9	3,285.0
Property, plant and equipment:
Land	237.3	233.9
Buildings	1,180.7	1,158.9
Machinery and equipment	1,958.4	1,880.1
Accumulated depreciation	(1,613.1)	(1,543.0)
Property, plant and equipment, net	1,763.3	1,729.9
Operating lease right-of-use assets	188.0
Goodwill	1,873.8	1,870.8
Intangible assets, net	1,052.2	1,072.0
Cash surrender value of life insurance policies, net	34.4	43.6
Other assets	49.5	43.6
Total assets	8,327.1	8,044.9
Current liabilities:
Accounts payable	396.1	338.8
Accrued expenses	79.3	77.4
Accrued compensation and retirement costs	123.4	174.8
Accrued insurance costs	46.3	42.9
Current maturities of long-term debt and short-term borrowings	65.3	65.2
Current maturities of operating lease liabilities	50.4
Total current liabilities	760.8	699.1
Long-term debt	1,944.9	2,138.5
Operating lease liabilities	138.9
Long-term retirement costs	78.4	71.8
Other long-term liabilities	15.3	15.9
Deferred income taxes	439.3	440.1
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 - 66,654 at June 30, 2019 and 66,882 at December 31, 2018	99.7	136.4
Retained earnings	4,936.0	4,637.9
Accumulated other comprehensive loss	(94.7)	(102.7)
Total Reliance stockholders' equity	4,941.0	4,671.6
Noncontrolling interests	8.5	7.9
Total equity	4,949.5	4,679.5
Total liabilities and equity	$ 8,327.1	$ 8,044.9