UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 239.5	$ 318.1
Accounts receivable, less allowance for credit losses of $27.7 and $23.2	1,668.2	1,342.0
Inventories	2,254.8	2,026.8
Prepaid expenses and other current assets	126.7	148.2
Income taxes receivable	3.9	60.4
Total current assets	4,293.1	3,895.5
Property, plant and equipment, net	2,605.6	2,544.9
Operating lease right-of-use assets	303.8	275.2
Goodwill	2,170.4	2,161.8
Intangible assets, net	988.7	1,007.2
Cash surrender value of life insurance policies, net	35.2	46.0
Other long-term assets	93.2	91.2
Total assets	10,490.0	10,021.8
Current liabilities:
Accounts payable	516.6	361.9
Accrued expenses	133.7	144.4
Accrued compensation and retirement benefits	179.5	195.2
Accrued insurance costs	54.1	50.4
Current maturities of long-term debt	400.2	399.7
Current maturities of operating lease liabilities	64.0	61.4
Total current liabilities	1,348.1	1,213.0
Long-term debt	1,025.5	742.8
Operating lease liabilities	242.6	214.2
Long-term retirement benefits	29.8	26.9
Other long-term liabilities	62.2	56.8
Deferred income taxes	537.7	537.5
Total liabilities	3,245.9	2,791.2
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-52,593 and 53,715	0.1	0.1
Retained earnings	7,320.2	7,334.7
Accumulated other comprehensive loss	(86.2)	(115.2)
Total Reliance stockholders' equity	7,234.1	7,219.6
Noncontrolling interests	10.0	11.0
Total equity	7,244.1	7,230.6
Total liabilities and equity	$ 10,490.0	$ 10,021.8