CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 504.5	$ 300.5
Accounts receivable, less allowance for credit losses of $31.8 at June 30, 2022 and $26.7 at December 31, 2021	2,053.3	1,683.0
Inventories	2,352.1	2,065.0
Prepaid expenses and other current assets	106.2	111.6
Income taxes receivable	7.8
Total current assets	5,023.9	4,160.1
Property, plant and equipment:
Land	260.7	260.1
Buildings	1,298.6	1,285.0
Machinery and equipment	2,346.0	2,241.4
Accumulated depreciation	(2,017.0)	(1,949.7)
Property, plant and equipment, net	1,888.3	1,836.8
Operating lease right-of-use assets	221.5	224.6
Goodwill	2,109.4	2,107.6
Intangible assets, net	1,045.8	1,077.7
Cash surrender value of life insurance policies, net	32.5	44.9
Other assets	81.3	84.3
Total assets	10,402.7	9,536.0
Current liabilities:
Accounts payable	663.8	453.9
Accrued expenses	175.8	148.2
Accrued compensation and retirement costs	222.9	294.0
Accrued insurance costs	39.5	41.0
Current maturities of long-term debt and short-term borrowings	509.7	5.0
Current maturities of operating lease liabilities	53.9	58.6
Income taxes payable		64.3
Total current liabilities	1,665.6	1,065.0
Long-term debt	1,138.0	1,642.0
Operating lease liabilities	166.8	162.5
Deferred compensation and retirement costs	80.2	81.0
Other long-term liabilities	6.9	7.0
Deferred income taxes	482.1	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-60,869 at June 30, 2022 and 61,806 at December 31, 2021	0.1	0.1
Retained earnings	6,942.5	6,155.3
Accumulated other comprehensive loss	(88.3)	(68.9)
Total Reliance stockholders' equity	6,854.3	6,086.5
Noncontrolling interests	8.8	7.2
Total equity	6,863.1	6,093.7
Total liabilities and equity	$ 10,402.7	$ 9,536.0