Stockholders' Equity And Other Comprehensive Income

6 Months Ended

Jun. 30, 2011

Stockholders' Equity And Other Comprehensive Income

Stockholders' Equity And Other Comprehensive Income

NOTE 10: STOCKHOLDERS' EQUITY AND OTHER COMPREHENSIVE INCOME

The following table details changes in capital accounts:

	Ryerson Inc. Stockholders
										Accumulated Other Comprehensive Income (Loss)
	Common Stock				Capital in Excess of Par Value		Accumulated Deficit			Foreign Currency Translation			Benefit Plan Liabilities			Unrealized Gain on Available- For-Sale Investments			Noncontrolling Interest			Total
	Shares		Dollars		Dollars		Dollars			Dollars			Dollars			Dollars			Dollars			Dollars
	(In millions, except shares)
Balance at December 31, 2010		100	$	—	$	456.2	$	(254.7	)	$	(7.4	)	$	(137.0	)	$	5.4		$	14.9		$	77.4
Net income (loss)		—		—		—		2.2			—			—			—			(1.6	)		0.6
Foreign currency translation		—		—		—		—			5.8			—			—			0.5			6.3
Benefit plan liabilities – adjustment for recognition of prior service cost and net loss, net of tax provision of $0.1		—		—		—		—			—			0.6			—			—			0.6
Unrealized loss on available-for-sale investment		—		—		—		—			—			—			(1.9	)		—			(1.9	)
Balance at June 30, 2011		100	$	—	$	456.2	$	(252.5	)	$	(1.6	)	$	(136.4	)	$	3.5		$	13.8		$	83.0

The following sets forth the components of comprehensive income:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
	(In millions)
Net income (loss)	$	(7.8	)	$	(12.1	)	$	0.6		$	(21.1	)
Other comprehensive income (loss):
Foreign currency translation adjustments		2.0			(7.7	)		6.3			(1.7	)
Benefit plan liabilities – adjustment for recognition of prior service cost and net loss, net of tax provision of $0.1 in 2011 and tax provision of $0.3 in 2010		0.3			0.3			0.6			0.5
Unrealized gain (loss) on available-for-sale investment, net of tax provision of $0.1 in 2010		(2.5	)		0.2			(1.9	)		0.2
Total comprehensive income (loss)		(8.0	)		(19.3	)		5.6			(22.1	)
Less: Comprehensive income (loss) attributable to noncontrolling interest		(0.3	)		0.1			(1.1	)		0.2
Comprehensive income (loss) attributable to Ryerson Inc.	$	(7.7	)	$	(19.4	)	$	6.7		$	(22.3	)