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Employee Benefits (Tables)
9 Months Ended
Sep. 30, 2013
Compensation And Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Cost

The following table summarizes the components of net periodic benefit cost for the three and nine month periods ended September 30, 2013 and 2012 for the Ryerson pension plans and postretirement benefits other than pension:

 

     Three Months Ended September 30,  
     Pension Benefits     Other Benefits  
     2013     2012     2013     2012  
     (In millions)  

Components of net periodic benefit cost

        

Service cost

   $ 1      $ 1     $ —       $ 1  

Interest cost

     9        11        1        1   

Expected return on assets

     (11     (12     —         —    

Recognized actuarial net (gain) loss

     3        3        (2     (2
  

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost (credit)

   $ 2      $ 3      $ (1   $ —    
  

 

 

   

 

 

   

 

 

   

 

 

 
     Nine Months Ended September 30,  
     Pension Benefits     Other Benefits  
     2013     2012     2013     2012  
     (In millions)  

Components of net periodic benefit cost

        

Service cost

   $ 2      $ 2      $ —       $ 1   

Interest cost

     27        31        3        5   

Expected return on assets

     (33     (34     —         —    

Prior service credit

     —         —         (1     —    

Recognized actuarial net (gain) loss

     10        9        (5     (6
  

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost (credit)

   $ 6      $ 8      $ (3   $ —