Revenue

3 Months Ended

Apr. 02, 2022

Revenue From Contract With Customer [Abstract]

Revenue

The following tables disaggregate our revenue by major source for the first quarter of 2022 and 2021 (in thousands):

	Three Months (13 Weeks) Ended April 2, 2022
	Steel Mills		Steel Products		Raw Materials		Total
Sheet	$	3,183,063	$	-	$	-	$	3,183,063
Bar		1,827,731		-		-		1,827,731
Structural		783,271		-		-		783,271
Plate		724,544		-		-		724,544
Tubular Products		-		610,300		-		610,300
Rebar Fabrication		-		445,232		-		445,232
Joist		-		612,235		-		612,235
Deck		-		550,909		-		550,909
Other Steel Products		-		1,104,412		-		1,104,412
Raw Materials		-		-		651,585		651,585
	$	6,518,609	$	3,323,088	$	651,585	$	10,493,282

	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
Joist		-		229,129		-		229,129
Deck		-		193,413		-		193,413
Other Steel Products		-		626,303		-		626,303
Raw Materials		-		-		598,308		598,308
	$	4,608,777	$	1,810,055	$	598,308	$	7,017,140

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 $345.7 million as of April 2, 2022 ($251.9 million as of December 31, 2021) and are included in accrued expenses and other current liabilities in the condensed consolidated balance sheets.