10-Q Filing

RELIANCE, INC. CIK: 861884 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-006143`
Period End Date	20180630
Filing Date	20180802
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	rs-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 64 Cash Flow Statement 67 Comprehensive Income 25

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$15.50M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.20M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.40M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$124.30M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $21.2 at June 30, 2018 and $15.5 at December 31, 2017	`AccountsReceivableNetCurrent`	$1.38B	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $21.2 at June 30, 2018 and $15.5 at December 31, 2017	`AccountsReceivableNetCurrent`	$1.09B	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$2.06B	USD	Point-in-time
Inventories	`InventoryNet`	$1.73B	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$80.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$82.60M	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$2.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.05B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.65B	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	72.35M	shares	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	72.61M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	72.35M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	72.61M	shares	Point-in-time
Land	`Land`	$229.70M	USD	Point-in-time
Land	`Land`	$230.50M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$1.10B	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$1.12B	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$1.80B	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$1.74B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.48B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.41B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.67B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.66B	USD	Point-in-time
Goodwill	`Goodwill`	$1.84B	USD	Point-in-time
Goodwill	`Goodwill`	$1.85B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.10B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.11B	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$47.80M	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$41.00M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$40.90M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$46.80M	USD	Point-in-time
Total assets	`Assets`	$8.35B	USD	Point-in-time
Total assets	`Assets`	$7.75B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$517.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$346.70M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$83.60M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$83.00M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$139.30M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$141.80M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$42.10M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$43.90M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`DebtCurrent`	$104.40M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`DebtCurrent`	$92.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$8.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$899.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$703.70M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.81B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.93B	USD	Point-in-time
Long-term retirement costs	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$85.40M	USD	Point-in-time
Long-term retirement costs	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$88.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.20M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$11.80M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$440.80M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$437.50M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value: Authorized shares 5,000,000 None issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value: Authorized shares 5,000,000 None issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock and additional paid-in capital, $0.001 par value: Authorized shares 200,000,000 Issued and outstanding shares 72,350,258 at June 30, 2018 and 72,609,540 at December 31, 2017	`CommonStocksIncludingAdditionalPaidInCapital`	$561.30M	USD	Point-in-time
Common stock and additional paid-in capital, $0.001 par value: Authorized shares 200,000,000 Issued and outstanding shares 72,350,258 at June 30, 2018 and 72,609,540 at December 31, 2017	`CommonStocksIncludingAdditionalPaidInCapital`	$594.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.47B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.14B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-85.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-71.60M	USD	Point-in-time
Total Reliance stockholders' equity	`StockholdersEquity`	$4.67B	USD	Point-in-time
Total Reliance stockholders' equity	`StockholdersEquity`	$4.95B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$34.60M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$32.80M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.70B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.98B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.75B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.35B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$5.75B	USD	2 Qtrs
Net sales	`Revenues`	$2.99B	USD	1 Quarter
Net sales	`Revenues`	$2.48B	USD	1 Quarter
Net sales	`Revenues`	$4.89B	USD	2 Qtrs
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServicesSold`	$1.77B	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServicesSold`	$4.01B	USD	2 Qtrs
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServicesSold`	$3.47B	USD	2 Qtrs
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServicesSold`	$2.07B	USD	1 Quarter
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.06B	USD	2 Qtrs
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$952.10M	USD	2 Qtrs
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$535.90M	USD	1 Quarter
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$475.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$110.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$108.40M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$55.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.30M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.30B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$5.17B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$4.53B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$2.66B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$573.70M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$171.20M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$327.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$361.40M	USD	2 Qtrs
Interest expense	`InterestExpense`	$18.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$40.60M	USD	2 Qtrs
Interest expense	`InterestExpense`	$21.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$35.80M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-300.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$600.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-1.30M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-4.70M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$306.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$320.90M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$152.40M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$531.80M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$47.60M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$102.70M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$127.60M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$73.50M	USD	1 Quarter
Net income	`ProfitLoss`	$218.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$104.80M	USD	1 Quarter
Net income	`ProfitLoss`	$404.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$233.10M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.80M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.40M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.30M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.50M	USD	2 Qtrs
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$399.80M	USD	2 Qtrs
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$214.70M	USD	2 Qtrs
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$103.00M	USD	1 Quarter
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$230.80M	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$1.40	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$2.92	USD	2 Qtrs
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$3.16	USD	1 Quarter
Diluted earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$5.46	USD	2 Qtrs
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$2.95	USD	2 Qtrs
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$3.19	USD	1 Quarter
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$5.51	USD	2 Qtrs
Basic earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$1.41	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.90	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.45	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.00	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.50	USD	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$218.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$104.80M	USD	1 Quarter
Net income	`ProfitLoss`	$404.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$233.10M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$110.20M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$108.40M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$55.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$54.30M	USD	1 Quarter
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$7.10M	USD	2 Qtrs
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$4.10M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-2.80M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-2.10M	USD	2 Qtrs
Gain on sales of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$100.00K	USD	2 Qtrs
Gain on sales of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$3.90M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$19.30M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$14.90M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-4.10M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-5.60M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$295.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$219.50M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$216.50M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$332.00M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.40M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.50M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$102.80M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$185.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$97.00M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$98.60M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$72.80M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.30M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$39.60M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.20M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-7.20M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-129.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.90M	USD	2 Qtrs
Net short-term debt (repayments) borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$3.30M	USD	2 Qtrs
Net short-term debt (repayments) borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$-2.10M	USD	2 Qtrs
Proceeds from long-term debt borrowings	`ProceedsFromDebtNetOfIssuanceCosts`	$541.00M	USD	2 Qtrs
Proceeds from long-term debt borrowings	`ProceedsFromDebtNetOfIssuanceCosts`	$670.00M	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$533.30M	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$406.70M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfOrdinaryDividendsCommonStockAndDividendEquivalents`	$74.60M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfOrdinaryDividendsCommonStockAndDividendEquivalents`	$66.50M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.80M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.80M	USD	2 Qtrs
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$50.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-8.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.30M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.80M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$70.60M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.80M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.90M	USD	2 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-30.10M	USD	2 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$23.70M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$124.30M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.50M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.80M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$124.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.40M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$39.70M	USD	2 Qtrs
Interest paid during the period	`InterestPaidNet`	$36.10M	USD	2 Qtrs
Income taxes paid during the period, net	`IncomeTaxesPaidNet`	$107.10M	USD	2 Qtrs
Income taxes paid during the period, net	`IncomeTaxesPaidNet`	$114.50M	USD	2 Qtrs

Comprehensive Income 25 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$218.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$104.80M	USD	1 Quarter
Net income	`ProfitLoss`	$404.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$233.10M	USD	1 Quarter
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.10M	USD	2 Qtrs
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.40M	USD	1 Quarter
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$14.00M	USD	2 Qtrs
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.20M	USD	1 Quarter
Pension and postretirement benefit adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.30M	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-11.20M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$16.30M	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$6.40M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-14.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$234.50M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$390.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$221.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$111.20M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.40M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.50M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.80M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.30M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$385.70M	USD	2 Qtrs
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$109.40M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$231.00M	USD	2 Qtrs
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$219.60M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.