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Quarterly Financial Information (Details) (USD $) In Millions, except Per Share data, unless otherwise specified | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2011 | Sep. 30, 2011 | Jun. 30, 2011 | Mar. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2010 | Jun. 30, 2010 | Mar. 31, 2010 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2009
Summary of the quarterly results of operations |  |  |  |  |  |  |  |  |  |  |
Net sales | $ 2,033.9 | $ 2,138.6 | $ 2,049.5 | $ 1,912.7 | $ 1,584.3 | $ 1,653.8 | $ 1,620.6 | $ 1,454.1 | $ 8,134.7 | $ 6,312.8 | $ 5,318.1
Cost of sales | 1,558.9 | 1,644.7 | 1,538.7 | 1,406.4 | 1,190.5 | 1,257.6 | 1,203.8 | 1,076.0 | 6,148.7 | 4,727.9 | 3,918.6
Gross profit | 475.0 | 493.9 | 510.8 | 506.3 | 393.8 | 396.2 | 416.8 | 378.1 |  |  |
Net income | 69.1 | 86.3 | 100.2 | 93.6 | 40.8 | 49.3 | 62.8 | 45.0 | 349.2 | 197.9 | 149.2
Net income attributable to Reliance | $ 67.9 | $ 84.9 | $ 98.7 | $ 92.3 | $ 39.5 | $ 48.7 | $ 61.5 | $ 44.7 | $ 343.8 | $ 194.4 | $ 148.2
Diluted earnings per common share attributable to Reliance shareholders (in dollars per share) | $ 0.91 | $ 1.13 | $ 1.31 | $ 1.23 | $ 0.53 | $ 0.65 | $ 0.83 | $ 0.60 | $ 4.58 | $ 2.61 | $ 2.01
Basic earnings per common share attributable to Reliance shareholders (in dollars per share) | $ 0.91 | $ 1.13 | $ 1.32 | $ 1.24 | $ 0.53 | $ 0.65 | $ 0.83 | $ 0.60 | $ 4.60 | $ 2.62 | $ 2.02

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