CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,173.4	$ 300.5
Accounts receivable, less allowance for credit losses of $26.1 at December 31, 2022 and $26.7 at December 31, 2021	1,565.7	1,683.0
Inventories	1,995.3	2,065.0
Prepaid expenses and other current assets	115.6	111.6
Income taxes receivable	36.6
Total current assets	4,886.6	4,160.1
Property, plant and equipment:
Land	262.7	260.1
Buildings	1,359.3	1,285.0
Machinery and equipment	2,446.9	2,241.4
Accumulated depreciation	(2,094.3)	(1,949.7)
Property, plant and equipment, net	1,974.6	1,836.8
Operating lease right-of-use assets	216.4	224.6
Goodwill	2,105.9	2,107.6
Intangible assets, net	1,019.6	1,077.7
Cash surrender value of life insurance policies, net	42.0	44.9
Other assets	84.8	84.3
Total assets	10,329.9	9,536.0
Current liabilities:
Accounts payable	412.4	453.9
Accrued expenses	118.8	148.2
Accrued compensation and retirement benefits	240.0	294.0
Accrued insurance costs	43.4	41.0
Current maturities of long-term debt and short-term borrowings	508.2	5.0
Current maturities of operating lease liabilities	52.5	58.6
Income taxes payable		64.3
Total current liabilities	1,375.3	1,065.0
Long-term debt	1,139.4	1,642.0
Operating lease liabilities	165.2	162.5
Long-term retirement benefits	26.1	37.8
Other long-term liabilities	51.4	50.2
Deferred income taxes	476.6	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-58,787 at December 31, 2022 and 61,806 at December 31, 2021	0.1	0.1
Retained earnings	7,173.6	6,155.3
Accumulated other comprehensive loss	(86.3)	(68.9)
Total Reliance stockholders' equity	7,087.4	6,086.5
Noncontrolling interests	8.5	7.2
Total equity	7,095.9	6,093.7
Total liabilities and equity	$ 10,329.9	$ 9,536.0