Revenue

3 Months Ended

Mar. 30, 2024

Revenue from Contract with Customer [Abstract]

Revenue

15. Revenue

The following tables disaggregate our revenue by major source for the first quarter of 2024 and 2023 (in thousands):

	Three Months (13 Weeks) Ended March 30, 2024
	Steel Mills		Steel Products		Raw Materials		Total
Sheet	$	2,710,337	$	-	$	-	$	2,710,337
Bar		1,334,898		-		-		1,334,898
Structural		611,007		-		-		611,007
Plate		512,536		-		-		512,536
Tubular Products		-		368,724		-		368,724
Rebar Fabrication		-		412,341		-		412,341
Joist		-		330,601		-		330,601
Deck		-		268,630		-		268,630
Building Systems		-		314,013		-		314,013
Other Steel Products		-		822,559		-		822,559
Raw Materials		-		-		451,437		451,437
	$	5,168,778	$	2,516,868	$	451,437	$	8,137,083

	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
Building Systems				281,910		-		281,910
Other Steel Products		-		935,728		-		935,728
Raw Materials		-		-		454,726		454,726
	$	4,979,257	$	3,275,997	$	454,726	$	8,709,980

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 $346.3 million as of March 30, 2024 ($313.8 million as of December 31, 2023) and are included in accrued expenses and other current liabilities in the condensed consolidated balance sheets.