Employee Benefits

3 Months Ended

Mar. 31, 2012

Employee Benefits [Abstract]

Employee Benefits

NOTE 7: EMPLOYEE BENEFITS

The following table summarizes the components of net periodic benefit cost for the three-month period ended March 31, 2012 and 2011 for the Ryerson pension plans and postretirement benefits other than pension:

	Three Months Ended March 31,
	Pension Benefits						Other Benefits
	2012			2011			2012			2011
	(In millions)
Components of net periodic benefit cost
Service cost	$	1		$	1		$	—		$	—
Interest cost		10			11			2			2
Expected return on assets		(11	)		(12	)		—			—
Recognized actuarial net (gain) loss		2			1			(2	)		(1	)
Net periodic benefit cost	$	2		$	1		$	—		$	1

Contributions

The Company has contributed $10.1 million to the pension plan fund through the three months ended March 31, 2012 and anticipates that it will have a minimum required pension contribution funding of approximately $41 million for the remaining nine months of 2012.