XML 70 R54.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Acquisitions (Details)
$ in Millions
12 Months Ended
Dec. 31, 2019
USD ($)
location
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Nov. 01, 2018
location
Oct. 23, 2018
Oct. 22, 2018
Dec. 31, 2016
USD ($)
Acquisitions              
Net sales $ 10,973.8 $ 11,534.5 $ 9,721.0        
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed              
Goodwill 2,003.8 1,870.8 1,842.6       $ 1,827.4
Summary purchase price allocation information for all acquisitions              
Tax deductible goodwill amount 817.4            
Trade names              
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed              
Intangible assets not subject to amortization   18.3 3.7        
Summary purchase price allocation information for all acquisitions              
Intangible assets not subject to amortization   18.3 3.7        
Customer relationships              
Summary purchase price allocation information for all acquisitions              
Intangible assets acquired subject to amortization   $ 24.8 $ 3.7        
Weighted average lives of identifiable intangible assets   10 years 10 years        
Fry Steel              
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed              
Cash 17.1            
Accounts receivable 5.7            
Inventories 38.8            
Property, plant and equipment 6.4            
Goodwill 130.8            
Other current and long-term assets 0.2            
Total assets acquired 199.0            
Other current and long-term liabilities 5.1            
Total liabilities assumed 5.1            
Net assets acquired 193.9            
All Metals              
Acquisitions              
Net sales 29.7            
Locations acquiree provides logistics services from | location       6      
Acero Prime S. de R.L. de C.V.              
Acquisitions              
Net sales $ 44.8            
Ownership interest acquired (as a percent)         40.00%    
Ownership interest prior to acquisition (as a percent)           60.00%  
Total ownership percentage (as a percent)         100.00%    
Number of locations of the acquiree entity | location 4            
Summary Information for Equity Method Transaction              
Consideration paid for additional ownership percentage   $ 29.0          
Decrease in noncontrolling interest   19.7          
Decrease in Reliance Stockholder's equity   9.3          
KMS              
Acquisitions              
Net sales $ 32.6            
DuBose              
Acquisitions              
Net sales 42.9            
All Metals, DuBose and KMS              
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed              
Cash   2.4          
Accounts receivable   13.1          
Inventories   10.0          
Property, plant and equipment   20.1          
Goodwill   32.9          
Intangible assets subject to amortization   25.0          
Intangible assets not subject to amortization   18.3          
Other current and long-term assets   1.1          
Total assets acquired   122.9          
Current and long-term debt   25.9          
Deferred taxes   5.4          
Other current and long-term liabilities   9.6          
Total liabilities assumed   40.9          
Net assets acquired   82.0          
Summary purchase price allocation information for all acquisitions              
Intangible assets not subject to amortization   $ 18.3          
Ferguson              
Acquisitions              
Sales since acquisition date 37.2            
2019 Acquisitions              
Summary purchase price allocation information for all acquisitions              
Tax deductible goodwill amount $ 131.0