Revenue

3 Months Ended

Apr. 03, 2021

Revenue From Contract With Customer [Abstract]

Revenue

15. Revenue

The following tables disaggregate our revenue by major source for the first quarter of 2021 and 2020 (in thousands):

	Three Months (13 Weeks) Ended April 3, 2021
	Steel Mills		Steel Products		Raw Materials		Total
Sheet	$	2,351,455	$	-	$	-	$	2,351,455
Bar		1,261,042		-		-		1,261,042
Structural		477,195		-		-		477,195
Plate		519,085		-		-		519,085
Tubular Products		-		374,653		-		374,653
Rebar Fabrication		-		386,557		-		386,557
Other Steel Products		-		1,048,845		-		1,048,845
Raw Materials		-		-		598,308		598,308
	$	4,608,777	$	1,810,055	$	598,308	$	7,017,140

	Three Months (13 Weeks) Ended April 4, 2020
	Steel Mills		Steel Products		Raw Materials		Total
Sheet	$	1,578,429	$	-	$	-	$	1,578,429
Bar		1,062,666		-		-		1,062,666
Structural		450,499		-		-		450,499
Plate		427,676		-		-		427,676
Tubular Products		-		305,057		-		305,057
Rebar Fabrication		-		423,316		-		423,316
Other Steel Products		-		998,481		-		998,481
Raw Materials		-		-		378,213		378,213
	$	3,519,270	$	1,726,854	$	378,213	$	5,624,337

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 $173.1 million as of April 3, 2021 ($120.2 million as of December 31, 2020), and are included in accrued expenses and other current liabilities in the condensed consolidated balance sheets.