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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 50.9 $ 51.2
Restricted cash 1.2 1.2
Receivables less provisions of $3.7 at September 30, 2022 and $2.2 at December 31, 2021 645.8 630.8
Inventories 933.1 832.1
Prepaid expenses and other current assets 70.0 77.7
Total current assets 1,701.0 1,593.0
Property, plant, and equipment, at cost 854.2 792.8
Less: Accumulated depreciation 426.3 404.5
Property, plant, and equipment, net 427.9 388.3
Operating lease assets 242.4 211.1
Other intangible assets 41.2 42.2
Goodwill 125.0 124.1
Deferred charges and other assets 9.7 6.9
Total assets 2,547.2 2,365.6
Current liabilities:    
Accounts payable 511.4 481.2
Salaries, wages, and commissions 61.6 76.6
Other accrued liabilities 91.5 133.4
Short-term debt 9.6 28.8
Current portion of operating lease liabilities 24.8 24.9
Current portion of deferred employee benefits 6.1 6.1
Total current liabilities 705.0 751.0
Long-term debt 467.3 610.5
Deferred employee benefits 152.6 163.3
Noncurrent operating lease liabilities 215.6 184.8
Deferred income taxes 98.5 94.1
Other noncurrent liabilities 15.6 17.3
Total liabilities 1,654.6 1,821.0
Commitments and contingencies
Ryerson Holding Corporation stockholders’ equity:    
Preferred stock, $0.01 par value; 7,000,000 shares authorized; no shares issued and outstanding at September 30, 2022 and December 31, 2021
Common stock, $0.01 par value; 100,000,000 shares authorized; 39,059,193 and 38,687,094 shares issued at September 30, 2022 and December 31, 2021, respectively 0.4 0.4
Capital in excess of par value 395.1 388.6
Retained earnings 722.6 321.7
Treasury stock at cost - Common stock, value (60.2) (8.4)
Accumulated other comprehensive loss (172.9) (165.1)
Total Ryerson Holding Corporation stockholders’ equity 885.0 537.2
Noncontrolling interest 7.6 7.4
Total equity 892.6 544.6
Total liabilities and equity $ 2,547.2 $ 2,365.6