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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Oct. 04, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Change in Net Carrying Amount of Goodwill by Segment
The change in the net carrying amount of goodwill for the nine months ended October 4, 2014 by segment is as follows (in thousands):

 

     Steel Mills      Steel Products     Raw Materials      Total  

Balance at December 31, 2013

   $ 495,897       $ 774,486      $ 703,225       $ 1,973,608   

Other

             311        26,352         26,663   

Translation

             (17,495             (17,495
  

 

 

    

 

 

   

 

 

    

 

 

 

Balance at October 4, 2014

   $ 495,897       $ 757,302      $ 729,577       $ 1,982,776   
  

 

 

    

 

 

   

 

 

    

 

 

 
Schedule of Intangible Assets

Intangible assets with estimated useful lives of 5 to 22 years are amortized on a straight-line or accelerated basis and were comprised of the following (in thousands):

 

     Oct. 4, 2014      Dec. 31, 2013  
     Gross
Amount
     Accumulated
Amortization
     Gross
Amount
     Accumulated
Amortization
 

Customer relationships

   $ 1,146,859       $ 438,649       $ 1,147,786       $ 391,254   

Trademarks and trade names

     150,355         46,100         151,332         40,397   

Other

     22,823         16,210         21,869         15,182   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 1,320,037       $ 500,959       $ 1,320,987       $ 446,833