Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Segment Information

Schedule of segment revenue, profit or loss, significant expenses and other quantitative profit or loss information

	Metals Service Centers Segment
	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
	(in millions)
Revenues	$	3,659.8	$	3,643.3	$	7,144.5	$	7,288.1
Less:
Cost of sales (exclusive of depreciation and amortization shown below)		2,571.9		2,557.3		5,023.3		5,073.9
Compensation expense		434.6		403.2		854.7		817.0
Other segment items(1)		265.0		256.8		535.6		501.7
Depreciation and amortization expense		69.7		66.6		138.4		130.2
Interest expense		14.3		9.7		25.8		19.4
Income tax provision		70.1		81.4		132.0		173.8
Consolidated net income	$	234.2	$	268.3	$	434.7	$	572.1
Other Segment Disclosures:
Purchases of property, plant and equipment	$	87.6	$	98.2	$	174.5	$	206.9

(1) Other segment items included in Segment net income mainly includes warehousing and delivery costs, which include among others, third-party freight, gas and oil, utilities & rent, plant supplies, and repairs and maintenance.