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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 83.6 $ 97.6
Accounts receivable, less allowance for doubtful accounts of $18.9 at December 31, 2013 and $20.5 at December 31, 2012 983.5 807.7
Inventories 1,540.0 1,272.3
Prepaid expenses and other current assets 59.0 40.9
Income taxes receivable 33.9 28.4
Deferred income taxes 38.9 30.5
Total current assets 2,738.9 2,277.4
Property, plant and equipment:    
Land 191.7 155.6
Buildings 934.6 725.1
Machinery and equipment 1,350.3 1,124.7
Accumulated depreciation (872.7) (764.7)
Total property, plant and equipment 1,603.9 1,240.7
Goodwill 1,691.6 1,314.6
Intangible assets, net 1,213.8 936.5
Cash surrender value of life insurance policies, net 45.4 45.2
Investments in unconsolidated entities 14.1 15.5
Other assets 33.3 27.8
Total assets 7,341.0 5,857.7
Current liabilities:    
Accounts payable 280.3 255.6
Accrued expenses 91.1 87.4
Accrued compensation and retirement costs 119.5 112.8
Accrued insurance costs 46.0 38.8
Current maturities of long-term debt and short-term borrowings 36.5 83.6
Total current liabilities 573.4 578.2
Long-term debt 2,072.5 1,123.8
Long-term retirement costs 84.0 94.9
Other long-term liabilities 35.9 27.1
Deferred income taxes 690.8 466.3
Commitments and contingencies      
Equity:    
Preferred stock, no par value: Authorized shares - 5,000,000 None issued or outstanding      
Common stock, no par value: Authorized shares - 200,000,000 Issued and outstanding shares - 77,492,017 at December 31, 2013 and 76,042,546 at December 31, 2012, stated capital 818.3 722.2
Retained earnings 3,063.0 2,837.7
Accumulated other comprehensive loss (6.7) (1.5)
Total Reliance shareholders' equity 3,874.6 3,558.4
Noncontrolling interests 9.8 9.0
Total equity 3,884.4 3,567.4
Total liabilities and equity $ 7,341.0 $ 5,857.7