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Revenue
 9 Months Ended
Oct. 03, 2020
Revenue From Contract With Customer [Abstract]  
Revenue

16. Revenue

 

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

 

 

 

Three Months (13 Weeks) Ended October 3, 2020

 

 

Nine Months (39 Weeks) Ended October 3, 2020

 

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

Sheet

 

$

1,256,537

 

 

$

-

 

 

$

-

 

 

$

1,256,537

 

 

$

3,899,970

 

 

$

-

 

 

$

-

 

 

$

3,899,970

 

Bar

 

 

957,216

 

 

 

-

 

 

 

-

 

 

 

957,216

 

 

 

2,830,936

 

 

 

-

 

 

 

-

 

 

 

2,830,936

 

Structural

 

 

362,192

 

 

 

-

 

 

 

-

 

 

 

362,192

 

 

 

1,159,949

 

 

 

-

 

 

 

-

 

 

 

1,159,949

 

Plate

 

 

266,680

 

 

 

-

 

 

 

-

 

 

 

266,680

 

 

 

985,001

 

 

 

-

 

 

 

-

 

 

 

985,001

 

Tubular Products

 

 

-

 

 

 

274,915

 

 

 

-

 

 

 

274,915

 

 

 

-

 

 

 

830,283

 

 

 

-

 

 

 

830,283

 

Rebar Fabrication

 

 

-

 

 

 

463,286

 

 

 

-

 

 

 

463,286

 

 

 

-

 

 

 

1,300,518

 

 

 

-

 

 

 

1,300,518

 

Other Steel Products

 

 

-

 

 

 

999,803

 

 

 

-

 

 

 

999,803

 

 

 

-

 

 

 

2,857,225

 

 

 

-

 

 

 

2,857,225

 

Raw Materials

 

 

-

 

 

 

-

 

 

 

347,331

 

 

 

347,331

 

 

 

-

 

 

 

-

 

 

 

1,015,721

 

 

 

1,015,721

 

 

 

$

2,842,625

 

 

$

1,738,004

 

 

$

347,331

 

 

$

4,927,960

 

 

$

8,875,856

 

 

$

4,988,026

 

 

$

1,015,721

 

 

$

14,879,603

 

 

 

 

Three Months (13 Weeks) Ended September 28, 2019

 

 

Nine Months (39 Weeks) Ended September 28, 2019

 

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

Sheet

 

$

1,513,884

 

 

$

-

 

 

$

-

 

 

$

1,513,884

 

 

$

5,071,027

 

 

$

-

 

 

$

-

 

 

$

5,071,027

 

Bar

 

 

979,082

 

 

 

-

 

 

 

-

 

 

 

979,082

 

 

 

3,173,289

 

 

 

-

 

 

 

-

 

 

 

3,173,289

 

Structural

 

 

378,670

 

 

 

-

 

 

 

-

 

 

 

378,670

 

 

 

1,214,355

 

 

 

-

 

 

 

-

 

 

 

1,214,355

 

Plate

 

 

372,837

 

 

 

-

 

 

 

-

 

 

 

372,837

 

 

 

1,438,651

 

 

 

-

 

 

 

-

 

 

 

1,438,651

 

Tubular Products

 

 

-

 

 

 

296,519

 

 

 

-

 

 

 

296,519

 

 

 

-

 

 

 

919,711

 

 

 

-

 

 

 

919,711

 

Rebar Fabrication

 

 

-

 

 

 

469,180

 

 

 

-

 

 

 

469,180

 

 

 

-

 

 

 

1,249,912

 

 

 

-

 

 

 

1,249,912

 

Other Steel Products

 

 

-

 

 

 

1,054,660

 

 

 

-

 

 

 

1,054,660

 

 

 

-

 

 

 

3,055,441

 

 

 

-

 

 

 

3,055,441

 

Raw Materials

 

 

-

 

 

 

-

 

 

 

399,670

 

 

 

399,670

 

 

 

-

 

 

 

-

 

 

 

1,334,726

 

 

 

1,334,726

 

 

 

$

3,244,473

 

 

$

1,820,359

 

 

$

399,670

 

 

$

5,464,502

 

 

$

10,897,322

 

 

$

5,225,064

 

 

$

1,334,726

 

 

$

17,457,112

 

 

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 $114.3 million as of October 3, 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.