CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 548.0	$ 300.5
Accounts receivable, less allowance for credit losses of $29.6 at March 31, 2022 and $26.7 at December 31, 2021	2,078.7	1,683.0
Inventories	2,010.3	2,065.0
Prepaid expenses and other current assets	107.0	111.6
Total current assets	4,744.0	4,160.1
Property, plant and equipment:
Land	259.1	260.1
Buildings	1,281.8	1,285.0
Machinery and equipment	2,292.1	2,241.4
Accumulated depreciation	(1,981.3)	(1,949.7)
Property, plant and equipment, net	1,851.7	1,836.8
Operating lease right-of-use assets	216.4	224.6
Goodwill	2,113.0	2,107.6
Intangible assets, net	1,059.9	1,077.7
Cash surrender value of life insurance policies, net	39.1	44.9
Other assets	90.1	84.3
Total assets	10,114.2	9,536.0
Current liabilities:
Accounts payable	636.2	453.9
Accrued expenses	132.1	148.2
Accrued compensation and retirement costs	184.6	294.0
Accrued insurance costs	44.2	41.0
Current maturities of long-term debt and short-term borrowings	5.0	5.0
Current maturities of operating lease liabilities	54.9	58.6
Income taxes payable	141.3	64.3
Total current liabilities	1,198.3	1,065.0
Long-term debt	1,642.8	1,642.0
Operating lease liabilities	159.2	162.5
Deferred compensation and retirement costs	85.2	81.0
Other long-term liabilities	6.8	7.0
Deferred income taxes	483.2	484.8
Commitments and contingencies
Equity:
Preferred stock, $0.001 par value: 5,000 shares authorized; none issued or outstanding
Common stock and additional paid-in capital, $0.001 par value and 200,000 shares authorized, Issued and outstanding shares-61,948 at March 31, 2022 and 61,806 at December 31, 2021	0.1	0.1
Retained earnings	6,599.5	6,155.3
Accumulated other comprehensive loss	(68.3)	(68.9)
Total Reliance stockholders' equity	6,531.3	6,086.5
Noncontrolling interests	7.4	7.2
Total equity	6,538.7	6,093.7
Total liabilities and equity	$ 10,114.2	$ 9,536.0