XML 31 R21.htm IDEA: XBRL DOCUMENT v3.22.2.2
Revenue
9 Months Ended
Oct. 01, 2022
Revenue From Contract With Customer [Abstract]  
Revenue

15. Revenue

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

 

 

 

Three Months (13 Weeks) Ended October 1, 2022

 

 

Nine Months (39 Weeks) Ended October 1, 2022

 

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

Sheet

 

$

2,712,426

 

 

$

-

 

 

$

-

 

 

$

2,712,426

 

 

$

9,511,822

 

 

$

-

 

 

$

-

 

 

$

9,511,822

 

Bar

 

 

1,761,335

 

 

 

-

 

 

 

-

 

 

 

1,761,335

 

 

 

5,581,529

 

 

 

-

 

 

 

-

 

 

 

5,581,529

 

Structural

 

 

785,930

 

 

 

-

 

 

 

-

 

 

 

785,930

 

 

 

2,352,322

 

 

 

-

 

 

 

-

 

 

 

2,352,322

 

Plate

 

 

648,462

 

 

 

-

 

 

 

-

 

 

 

648,462

 

 

 

2,237,156

 

 

 

-

 

 

 

-

 

 

 

2,237,156

 

Tubular Products

 

 

-

 

 

 

459,427

 

 

 

-

 

 

 

459,427

 

 

 

-

 

 

 

1,583,818

 

 

 

-

 

 

 

1,583,818

 

Rebar Fabrication

 

 

-

 

 

 

628,923

 

 

 

-

 

 

 

628,923

 

 

 

-

 

 

 

1,653,155

 

 

 

-

 

 

 

1,653,155

 

Joist

 

 

-

 

 

 

789,249

 

 

 

-

 

 

 

789,249

 

 

 

-

 

 

 

2,089,366

 

 

 

-

 

 

 

2,089,366

 

Deck

 

 

-

 

 

 

634,901

 

 

 

-

 

 

 

634,901

 

 

 

-

 

 

 

1,768,224

 

 

 

-

 

 

 

1,768,224

 

Other Steel Products

 

 

-

 

 

 

1,574,607

 

 

 

-

 

 

 

1,574,607

 

 

 

-

 

 

 

4,158,580

 

 

 

-

 

 

 

4,158,580

 

Raw Materials

 

 

-

 

 

 

-

 

 

 

505,495

 

 

 

505,495

 

 

 

-

 

 

 

-

 

 

 

1,852,539

 

 

 

1,852,539

 

 

 

$

5,908,153

 

 

$

4,087,107

 

 

$

505,495

 

 

$

10,500,755

 

 

$

19,682,829

 

 

$

11,253,143

 

 

$

1,852,539

 

 

$

32,788,511

 

 

 

 

 

Three Months (13 Weeks) Ended October 2, 2021

 

 

Nine Months (39 Weeks) Ended October 2, 2021

 

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

 

Steel

Mills

 

 

Steel

Products

 

 

Raw

Materials

 

 

Total

 

Sheet

 

$

3,643,599

 

 

$

-

 

 

$

-

 

 

$

3,643,599

 

 

$

9,099,358

 

 

$

-

 

 

$

-

 

 

$

9,099,358

 

Bar

 

 

1,633,641

 

 

 

-

 

 

 

-

 

 

 

1,633,641

 

 

 

4,409,798

 

 

 

-

 

 

 

-

 

 

 

4,409,798

 

Structural

 

 

765,440

 

 

 

-

 

 

 

-

 

 

 

765,440

 

 

 

1,862,176

 

 

 

-

 

 

 

-

 

 

 

1,862,176

 

Plate

 

 

819,453

 

 

 

-

 

 

 

-

 

 

 

819,453

 

 

 

2,009,487

 

 

 

-

 

 

 

-

 

 

 

2,009,487

 

Tubular Products

 

 

-

 

 

 

595,689

 

 

 

-

 

 

 

595,689

 

 

 

-

 

 

 

1,482,845

 

 

 

-

 

 

 

1,482,845

 

Rebar Fabrication

 

 

-

 

 

 

475,861

 

 

 

-

 

 

 

475,861

 

 

 

-

 

 

 

1,343,145

 

 

 

-

 

 

 

1,343,145

 

Joist

 

 

-

 

 

 

381,737

 

 

 

-

 

 

 

381,737

 

 

 

-

 

 

 

868,068

 

 

 

-

 

 

 

868,068

 

Deck

 

 

-

 

 

 

326,436

 

 

 

-

 

 

 

326,436

 

 

 

-

 

 

 

747,597

 

 

 

-

 

 

 

747,597

 

Other Steel Products

 

 

-

 

 

 

964,556

 

 

 

-

 

 

 

964,556

 

 

 

-

 

 

 

2,353,786

 

 

 

-

 

 

 

2,353,786

 

Raw Materials

 

 

-

 

 

 

-

 

 

 

706,811

 

 

 

706,811

 

 

 

-

 

 

 

-

 

 

 

1,943,267

 

 

 

1,943,267

 

 

 

$

6,862,133

 

 

$

2,744,279

 

 

$

706,811

 

 

$

10,313,223

 

 

$

17,380,819

 

 

$

6,795,441

 

 

$

1,943,267

 

 

$

26,119,527

 

 

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 $280.5 million as of October 1, 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.