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Debt (Details 2) (USD $) In Millions, unless otherwise specified | 1 Months Ended |  |  |  |  |  | 1 Months Ended | 9 Months Ended |  |  | 1 Months Ended | 9 Months Ended | 1 Months Ended |  | 1 Months Ended |  |  |
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Jul. 31, 2011 year | Sep. 30, 2011 | Dec. 31, 2010 | Jul. 26, 2011 Unsecured revolving credit facility | Dec. 31, 2010 Unsecured revolving credit facility | Sep. 30, 2011 Unsecured revolving credit facility LIBOR | Sep. 30, 2011 Unsecured revolving credit facility Bank prime rate | Jul. 31, 2011 Unsecured revolving credit facility Amendment of credit agreement entity | Sep. 30, 2011 Unsecured revolving credit facility Amendment of credit agreement | Jul. 26, 2011 Unsecured revolving credit facility Amendment of credit agreement | Sep. 30, 2011 Senior unsecured notes due from July 1, 2011 to July 2, 2013. year | Nov. 30, 2006 Senior Unsecured Notes - Publicly Traded Tranche | Sep. 30, 2011 Senior Unsecured Notes - Publicly Traded | Nov. 30, 2006 Senior unsecured notes due November 15, 2016 | Sep. 30, 2011 Senior unsecured notes due November 15, 2016 | Nov. 30, 2006 Senior unsecured notes due November 15, 2036 | Sep. 30, 2011 Senior unsecured notes due November 15, 2036 | Sep. 30, 2011 Revolving Credit Facilities - Foreign Operations | Dec. 31, 2010 Revolving Credit Facilities - Foreign Operations | Sep. 30, 2011 Unsecured Revolving Credit Facility and Senior Unsecured Notes
Debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrowing capacity under revolving credit facility |  |  |  | $ 1,100.0 |  |  |  |  |  | $ 1,500.0 |  |  |  |  |  |  |  | $ 24.0 |  |
Period of extended term of existing syndicated credit agreement (in years) | 5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of banks as lenders |  |  |  |  |  |  |  | 26 |  |  |  |  |  |  |  |  |  |  |  |
Interest rate added to base (as a percent) |  |  |  |  |  | 1.50% | 0.50% |  |  |  |  |  |  |  |  |  |  |  |  |
Commitment fee on unused portion of revolving credit facility (as a percent) |  |  |  |  |  |  |  |  | 0.25% |  |  |  |  |  |  |  |  |  |  |
Weighted average fixed rate (as a percent) |  |  |  |  | 3.54% |  |  |  | 1.74% |  | 5.35% |  |  |  |  |  |  |  |  |
Letters of credit outstanding |  |  |  |  |  |  |  |  | 41.3 |  |  |  |  |  |  |  |  |  |  |
Additional amount of letters of credit available to be issued |  |  |  |  |  |  |  |  | 208.7 |  |  |  |  |  |  |  |  |  |  |
Combined outstanding balances of revolving credit facilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 13.7 | 11.8 |
Weighted average remaining life (in years) |  |  |  |  |  |  |  |  |  |  | 1.8 |  |  |  |  |  |  |  |  |
Issuance of debt |  |  |  |  |  |  |  |  |  |  |  | 600 |  | 350 |  | 250 |  |  |  |
Number of tranches comprising the debt issuance |  |  |  |  |  |  |  |  |  |  |  | 2 |  |  |  |  |  |  |  |
Interest rate (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6.20% |  | 6.85% |  |  |
Percentage of principal amount at which the notes may be required to be repurchased in event of a change of control and a downgrade of the entity's credit rating (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  | 101.00% |  |  |  |  |  |  |
Interest coverage ratio, actual (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8.8
Minimum interest coverage ratio required, debt covenant (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.0
Leverage ratio, actual (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 33.00%
Maximum leverage ratio required under financial covenant (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 60.00%
Minimum net worth requirement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 999.2
Reliance shareholders' equity |  | $ 3,084.7 | $ 2,823.7 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 3,080.0
Minimum percentage of consolidated EBITDA required for the entity and subsidiary guarantors (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 80.00%
Minimum percentage of consolidated tangible assets required for the entity and subsidiary guarantors (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 80.00%
Actual percentage of total consolidated EBITDA for the parent and subsidiary guarantors (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 86.00%
Actual percentage of consolidated tangible assets owned by the entity and subsidiary guarantors (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 89.00%

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- Definition Represents the actual percentage of EBITDA accounted for by the parent and subsidiary guarantors as of the reporting period date. + Details
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- Definition Represents the minimum percentage of consolidated earnings before interest, taxes, depreciation and amortization (EBITDA), which the subsidiary guarantors together with the entity are required to maintain. + Details
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- Definition Represents the percentage of consolidated tangible assets which the subsidiary guarantors together with the entity are required to own under the terms of the financial covenants. + Details
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- Definition Represents the percentage of consolidated tangible assets which the subsidiary guarantors together with the entity required to own under the terms of the financial covenants. + Details
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- Definition Represents the redemption price as a percentage of the principal amount at which the debt instrument may be required to be redeemed by the entity in the event of a change of control or downgrade of the entity's credit rating. + Details
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- Definition Represents the weighted average remaining life of debt. + Details
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- Definition The percentage points added to the reference rate to compute the variable rate on the debt instrument. + Details
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- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + Details
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- Definition Amount borrowed under the credit facility as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + Details
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph A3 -Appendix A Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707 + Details
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