CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 683.5	$ 174.3
Accounts receivable, less allowance for credit losses of $19.0 at December 31, 2020 and $17.8 at December 31, 2019	926.3	1,067.8
Inventories	1,420.4	1,645.7
Prepaid expenses and other current assets	80.5	85.2
Income taxes receivable	2.1	37.2
Total current assets	3,112.8	3,010.2
Property, plant and equipment:
Land	260.1	239.8
Buildings	1,240.0	1,195.1
Machinery and equipment	2,107.8	2,044.4
Accumulated depreciation	(1,815.7)	(1,684.1)
Property, plant and equipment, net	1,792.2	1,795.2
Operating lease right-of-use assets	204.0	201.5
Goodwill	1,935.2	2,003.8
Intangible assets, net	947.1	1,031.1
Cash surrender value of life insurance policies, net	43.7	42.7
Other assets	71.8	46.6
Total assets	8,106.8	8,131.1
Current liabilities:
Accounts payable	259.3	275.0
Accrued expenses	88.9	67.4
Accrued compensation and retirement costs	165.8	172.1
Accrued insurance costs	42.0	43.4
Current maturities of long-term debt and short-term borrowings	6.0	64.9
Current maturities of operating lease liabilities	51.0	52.5
Total current liabilities	613.0	675.3
Long-term debt	1,638.9	1,523.6
Operating lease liabilities	154.1	149.5
Long-term retirement costs	95.8	87.0
Other long-term liabilities	26.7	12.3
Deferred income taxes	455.6	469.3
Commitments and contingencies
Equity:
Preferred stock, $0.001 par value: Authorized shares - 5,000 None issued or outstanding
Common stock and additional paid-in capital, $0.001 par value: Authorized shares - 200,000 Issued and outstanding shares - 63,600 at December 31, 2020 and 66,854 at December 31, 2019	0.1	122.2
Retained earnings	5,193.2	5,189.5
Accumulated other comprehensive loss	(77.9)	(105.1)
Total Reliance stockholders' equity	5,115.4	5,206.6
Noncontrolling interests	7.3	7.5
Total equity	5,122.7	5,214.1
Total liabilities and equity	$ 8,106.8	$ 8,131.1