Stockholders' Equity And Other Comprehensive Income

9 Months Ended

Sep. 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 (Loss) 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)		—		—		—		14.3			—			—			—			(3.5	)		10.8
Foreign currency translation		—		—		—		—			(6.7	)		—			—			1.2			(5.5	)
Benefit plan liabilities – adjustment for recognition of prior service cost and net loss, net of tax provision of $0.1		—		—		—		—			—			0.9			—			—			0.9
Unrealized loss on available-for-sale investment		—		—		—		—			—			—			(8.2	)		—			(8.2	)
Balance at September 30, 2011		100	$	—	$	456.2	$	(240.4	)	$	(14.1	)	$	(136.1	)	$	(2.8	)	$	12.6		$	75.4

The following sets forth the components of comprehensive income:

	Three Months  Ended September 30,						Nine Months  Ended September 30,
	2011			2010			2011			2010
	(In millions)
Net income (loss)	$	10.2		$	(15.6	)	$	10.8		$	(36.7	)
Other comprehensive income (loss):
Foreign currency translation adjustments		(11.8	)		6.3			(5.5	)		4.6
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 $0.4 in 2010		0.3			0.2			0.9			0.7
Unrealized loss on available-for-sale investment, net of tax benefit of $0.1 in 2010		(6.3	)		(0.4	)		(8.2	)		(0.2	)
Total comprehensive loss		(7.6	)		(9.5	)		(2.0	)		(31.6	)
Less: Comprehensive loss attributable to noncontrolling interest		(1.2	)		(0.6	)		(2.3	)		(0.4	)
Comprehensive income (loss) attributable to Ryerson Inc.	$	(6.4	)	$	(8.9	)	$	0.3		$	(31.2	)