Revenue

3 Months Ended

Apr. 01, 2023

Revenue from Contract with Customer [Abstract]

Revenue

15. Revenue

The following tables disaggregate our revenue by major source for the first quarter of 2023 and 2022 (in thousands):

	Three Months (13 Weeks) Ended April 1, 2023
	Steel Mills		Steel Products		Raw Materials		Total
Sheet	$	2,102,694	$	-	$	-	$	2,102,694
Bar		1,598,128		-		-		1,598,128
Structural		638,307		-		-		638,307
Plate		640,128		-		-		640,128
Tubular Products		-		438,983		-		438,983
Rebar Fabrication		-		498,117		-		498,117
Joist		-		635,816		-		635,816
Deck		-		485,443		-		485,443
Other Steel Products		-		1,217,638		-		1,217,638
Raw Materials		-		-		454,726		454,726
	$	4,979,257	$	3,275,997	$	454,726	$	8,709,980

	Three Months (13 Weeks) Ended April 2, 2022
	Steel Mills		Steel Products		Raw Materials		Total
Sheet	$	3,183,063	$	-	$	-	$	3,183,063
Bar		1,827,731		-		-		1,827,731
Structural		783,271		-		-		783,271
Plate		724,544		-		-		724,544
Tubular Products		-		610,300		-		610,300
Rebar Fabrication		-		445,232		-		445,232
Joist		-		612,235		-		612,235
Deck		-		550,909		-		550,909
Other Steel Products		-		1,104,412		-		1,104,412
Raw Materials		-		-		651,585		651,585
	$	6,518,609	$	3,323,088	$	651,585	$	10,493,282

Contract liabilities are primarily related to deferred revenue resulting from cash payments received in advance from customers to protect against credit risk. Contract liabilities totaled $329.5 million as of April 1, 2023 ($285.0 million as of December 31, 2022) and are included in accrued expenses and other current liabilities in the condensed consolidated balance sheets.