10-Q Filing

RELIANCE, INC. CIK: 861884 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-23-017398`
Period End Date	20230930
Filing Date	20231102
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	rs-20230930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 68 Cash Flow Statement 64 Stockholders Equity 37 Comprehensive Income 28

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$27.10M	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$26.10M	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
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.17B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$976.90M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, less allowance for credit losses of $27.1 at September 30, 2023 and $26.1 at December 31, 2022	`AccountsReceivableNetCurrent`	$1.67B	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowance for credit losses of $27.1 at September 30, 2023 and $26.1 at December 31, 2022	`AccountsReceivableNetCurrent`	$1.57B	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$2.00B	USD	Point-in-time
Inventories	`InventoryNet`	$2.11B	USD	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$115.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$104.70M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$1.00M	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`	$36.60M	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	58.79M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.89B	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	58.09M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.86B	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	58.09M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	58.79M	shares	Point-in-time
Land	`Land`	$281.60M	USD	Point-in-time
Land	`Land`	$262.70M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$1.36B	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$1.47B	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.65B	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.45B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.21B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.09B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.19B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.97B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$216.40M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$227.70M	USD	Point-in-time
Goodwill	`Goodwill`	$2.11B	USD	Point-in-time
Goodwill	`Goodwill`	$2.11B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.02B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$990.10M	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$28.00M	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$42.00M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$84.80M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$90.30M	USD	Point-in-time
Total assets	`Assets`	$10.49B	USD	Point-in-time
Total assets	`Assets`	$10.33B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$412.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$445.40M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$130.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$118.80M	USD	Point-in-time
Accrued compensation and retirement benefits	`EmployeeRelatedLiabilitiesCurrent`	$240.00M	USD	Point-in-time
Accrued compensation and retirement benefits	`EmployeeRelatedLiabilitiesCurrent`	$203.30M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$43.40M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$43.70M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`LongTermDebtCurrentAndShortTermDebt`	$508.20M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`LongTermDebtCurrentAndShortTermDebt`	$300.00K	USD	Point-in-time
Current maturities of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$55.70M	USD	Point-in-time
Current maturities of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$52.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$878.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.38B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.14B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.14B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$165.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$174.70M	USD	Point-in-time
Long-term retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$30.40M	USD	Point-in-time
Long-term retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$26.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$56.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$51.40M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$476.60M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$475.50M	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: 5,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value: 5,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock and additional paid-in capital, $0.001 par value and 200,000 shares authorized Issued and outstanding shares-58,090 at September 30, 2023 and 58,787 at December 31, 2022	`CommonStocksIncludingAdditionalPaidInCapital`	$100.00K	USD	Point-in-time
Common stock and additional paid-in capital, $0.001 par value and 200,000 shares authorized Issued and outstanding shares-58,090 at September 30, 2023 and 58,787 at December 31, 2022	`CommonStocksIncludingAdditionalPaidInCapital`	$100.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.82B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.17B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-99.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-86.30M	USD	Point-in-time
Total Reliance stockholders' equity	`StockholdersEquity`	$7.72B	USD	Point-in-time
Total Reliance stockholders' equity	`StockholdersEquity`	$7.09B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$8.50M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$10.90M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.86B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.74B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.63B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.86B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.10B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$10.49B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$10.33B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.25B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.62B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.47B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$13.41B	USD	3 Qtrs
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$7.94B	USD	3 Qtrs
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$2.55B	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$9.29B	USD	3 Qtrs
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$3.01B	USD	1 Quarter
Warehouse, delivery, selling, general and administrative ("SG&A")	`SellingGeneralAndAdministrativeExpense`	$630.10M	USD	1 Quarter
Warehouse, delivery, selling, general and administrative ("SG&A")	`SellingGeneralAndAdministrativeExpense`	$1.89B	USD	3 Qtrs
Warehouse, delivery, selling, general and administrative ("SG&A")	`SellingGeneralAndAdministrativeExpense`	$626.90M	USD	1 Quarter
Warehouse, delivery, selling, general and administrative ("SG&A")	`SellingGeneralAndAdministrativeExpense`	$1.93B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$182.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$60.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$178.80M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$60.40M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$3.23B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$11.36B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$3.70B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$10.05B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$548.50M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.41B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$389.50M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.05B	USD	3 Qtrs
Interest expense	`InterestExpense`	$9.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$30.30M	USD	3 Qtrs
Interest expense	`InterestExpense`	$15.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$46.80M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-21.50M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-8.90M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$8.20M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$23.30M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.41B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$388.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$524.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.98B	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$129.60M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$340.70M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$92.00M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$490.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$394.40M	USD	1 Quarter
Net income	`ProfitLoss`	$1.49B	USD	3 Qtrs
Net income	`ProfitLoss`	$1.07B	USD	3 Qtrs
Net income	`ProfitLoss`	$296.00M	USD	1 Quarter
Less: net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.30M	USD	3 Qtrs
Less: net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$900.00K	USD	1 Quarter
Less: net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.50M	USD	3 Qtrs
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.49B	USD	3 Qtrs
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$393.50M	USD	1 Quarter
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.06B	USD	3 Qtrs
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$295.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.05	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$24.35	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$18.13	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.55	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$23.98	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$17.92	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.99	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.45	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	58.43M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	58.65M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.17M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.05M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.11M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.33M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.12M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.98M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$394.40M	USD	1 Quarter
Net income	`ProfitLoss`	$1.49B	USD	3 Qtrs
Net income	`ProfitLoss`	$1.07B	USD	3 Qtrs
Net income	`ProfitLoss`	$296.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$182.50M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$60.60M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$178.80M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$60.40M	USD	1 Quarter
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$4.20M	USD	3 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$5.60M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$48.40M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$48.40M	USD	3 Qtrs
Net loss on life insurance policies and deferred compensation plan assets	`NetGainLossOnLifeInsurancePoliciesAndDeferredCompensationPlanAssets`	$8.00M	USD	3 Qtrs
Net loss on life insurance policies and deferred compensation plan assets	`NetGainLossOnLifeInsurancePoliciesAndDeferredCompensationPlanAssets`	$22.80M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.90M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$4.70M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$102.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$191.60M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$126.60M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$113.50M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-91.10M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-20.00M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-143.30M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-35.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.15B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.31B	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$24.10M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$249.70M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$358.60M	USD	3 Qtrs
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.80M	USD	3 Qtrs
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.90M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.50M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-244.40M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-367.80M	USD	3 Qtrs
Net short-term debt repayments	`ProceedsFromRepaymentsOfShortTermDebt`	$-2.20M	USD	3 Qtrs
Net short-term debt repayments	`ProceedsFromRepaymentsOfShortTermDebt`	$-800.00K	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$505.70M	USD	3 Qtrs
Cash dividends and dividend equivalents	`PaymentsOfOrdinaryDividendsCommonStockAndDividendEquivalents`	$179.30M	USD	3 Qtrs
Cash dividends and dividend equivalents	`PaymentsOfOrdinaryDividendsCommonStockAndDividendEquivalents`	$163.50M	USD	3 Qtrs
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$547.70M	USD	3 Qtrs
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$239.20M	USD	3 Qtrs
Taxes paid related to net share settlement of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$41.30M	USD	3 Qtrs
Taxes paid related to net share settlement of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.60M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.00M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$22.50M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-711.10M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-970.70M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-3.70M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-11.20M	USD	3 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$343.20M	USD	3 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-196.50M	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$643.70M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.17B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$976.90M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$300.50M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$643.70M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.17B	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$976.90M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$300.50M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$39.10M	USD	3 Qtrs
Interest paid during the period	`InterestPaidNet`	$32.50M	USD	3 Qtrs
Income taxes paid during the period, net	`IncomeTaxesPaidNet`	$305.20M	USD	3 Qtrs
Income taxes paid during the period, net	`IncomeTaxesPaidNet`	$596.80M	USD	3 Qtrs

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.00	USD	3 Qtrs
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.62	USD	3 Qtrs
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.00	USD	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.88	USD	1 Quarter
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.86B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.74B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.63B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.86B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.09B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.10B	USD	Point-in-time
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.49B	USD	3 Qtrs
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$393.50M	USD	1 Quarter
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.06B	USD	3 Qtrs
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$295.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-12.80M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-25.60M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-13.10M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-45.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.50M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$900.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.30M	USD	3 Qtrs
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$146.70M	USD	Point-in-time
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$547.70M	USD	3 Qtrs
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$38.90M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$17.10M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$126.40M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$239.20M	USD	3 Qtrs
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$193.90M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$336.70M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$73.90M	USD	1 Quarter
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.86B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.74B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.63B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.86B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.09B	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.10B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$394.40M	USD	1 Quarter
Net income	`ProfitLoss`	$1.49B	USD	3 Qtrs
Net income	`ProfitLoss`	$1.07B	USD	3 Qtrs
Net income	`ProfitLoss`	$296.00M	USD	1 Quarter
Foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.70M	USD	3 Qtrs
Foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.90M	USD	1 Quarter
Foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-51.30M	USD	3 Qtrs
Foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-32.00M	USD	1 Quarter
Postretirement benefit plan adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.30M	USD	3 Qtrs
Postretirement benefit plan adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-6.40M	USD	1 Quarter
Postretirement benefit plan adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$2.40M	USD	3 Qtrs
Postretirement benefit plan adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$900.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-12.80M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-25.60M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-13.10M	USD	3 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-45.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$368.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.45B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$283.20M	USD	1 Quarter
Less: comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.50M	USD	3 Qtrs
Less: comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$900.00K	USD	1 Quarter
Less: comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.30M	USD	3 Qtrs
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$282.20M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$1.44B	USD	3 Qtrs
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$367.90M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$1.05B	USD	3 Qtrs

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