XML 35 R22.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue
 6 Months Ended
Jul. 04, 2020
Revenue From Contract With Customer [Abstract]  
Revenue

16. Revenue

The following tables disaggregate our revenue by major source for the second quarter and first six months of 2020 and 2019 (in thousands):

 

 

 

Three Months (13 Weeks) Ended July 4, 2020

 

 

Six Months (26 Weeks) Ended July 4, 2020

 

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

Sheet

 

$

1,065,004

 

 

$

-

 

 

$

-

 

 

$

1,065,004

 

 

$

2,643,433

 

 

$

-

 

 

$

-

 

 

$

2,643,433

 

Bar

 

 

811,054

 

 

 

-

 

 

 

-

 

 

 

811,054

 

 

 

1,873,720

 

 

 

-

 

 

 

-

 

 

 

1,873,720

 

Structural

 

 

347,258

 

 

 

-

 

 

 

-

 

 

 

347,258

 

 

 

797,757

 

 

 

-

 

 

 

-

 

 

 

797,757

 

Plate

 

 

290,645

 

 

 

-

 

 

 

-

 

 

 

290,645

 

 

 

718,321

 

 

 

-

 

 

 

-

 

 

 

718,321

 

Tubular Products

 

 

-

 

 

 

250,311

 

 

 

-

 

 

 

250,311

 

 

 

-

 

 

 

555,368

 

 

 

-

 

 

 

555,368

 

Rebar Fabrication

 

 

-

 

 

 

413,916

 

 

 

-

 

 

 

413,916

 

 

 

-

 

 

 

837,232

 

 

 

-

 

 

 

837,232

 

Other Steel Products

 

 

-

 

 

 

858,941

 

 

 

-

 

 

 

858,941

 

 

 

-

 

 

 

1,857,422

 

 

 

-

 

 

 

1,857,422

 

Raw Materials

 

 

-

 

 

 

-

 

 

 

290,177

 

 

 

290,177

 

 

 

-

 

 

 

-

 

 

 

668,390

 

 

 

668,390

 

 

 

$

2,513,961

 

 

$

1,523,168

 

 

$

290,177

 

 

$

4,327,306

 

 

$

6,033,231

 

 

$

3,250,022

 

 

$

668,390

 

 

$

9,951,643

 

 

 

 

Three Months (13 Weeks) Ended June 29, 2019

 

 

Six Months (26 Weeks) Ended June 29, 2019

 

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

Sheet

 

$

1,749,840

 

 

$

-

 

 

$

-

 

 

$

1,749,840

 

 

$

3,557,143

 

 

$

-

 

 

$

-

 

 

$

3,557,143

 

Bar

 

 

1,079,077

 

 

 

-

 

 

 

-

 

 

 

1,079,077

 

 

 

2,194,207

 

 

 

-

 

 

 

-

 

 

 

2,194,207

 

Structural

 

 

401,756

 

 

 

-

 

 

 

-

 

 

 

401,756

 

 

 

835,685

 

 

 

-

 

 

 

-

 

 

 

835,685

 

Plate

 

 

472,774

 

 

 

-

 

 

 

-

 

 

 

472,774

 

 

 

1,065,814

 

 

 

-

 

 

 

-

 

 

 

1,065,814

 

Tubular Products

 

 

-

 

 

 

293,321

 

 

 

-

 

 

 

293,321

 

 

 

-

 

 

 

623,192

 

 

 

-

 

 

 

623,192

 

Rebar Fabrication

 

 

-

 

 

 

438,677

 

 

 

-

 

 

 

438,677

 

 

 

-

 

 

 

780,732

 

 

 

-

 

 

 

780,732

 

Other Steel Products

 

 

-

 

 

 

1,018,185

 

 

 

-

 

 

 

1,018,185

 

 

 

-

 

 

 

2,000,781

 

 

 

-

 

 

 

2,000,781

 

Raw Materials

 

 

-

 

 

 

-

 

 

 

442,356

 

 

 

442,356

 

 

 

-

 

 

 

-

 

 

 

935,056

 

 

 

935,056

 

 

 

$

3,703,447

 

 

$

1,750,183

 

 

$

442,356

 

 

$

5,895,986

 

 

$

7,652,849

 

 

$

3,404,705

 

 

$

935,056

 

 

$

11,992,610

 

 

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 $122.2 million as of July 4, 2020 ($108.6 million as of December 31, 2019), and are included in accrued expenses and other current liabilities in the condensed consolidated balance sheets.