XML 47 R53.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt (Details 2) (USD $)
In Millions, unless otherwise specified
0 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Apr. 04, 2013
Third Amended and Restated Credit Agreement
item
Dec. 31, 2013
Unsecured revolving credit facility
Apr. 04, 2013
Unsecured revolving credit facility
Dec. 31, 2012
Unsecured revolving credit facility
Apr. 12, 2013
Unsecured revolving credit facility
Metals USA
Apr. 04, 2013
Unsecured revolving credit facility
Third Amended and Restated Credit Agreement
Dec. 31, 2013
Unsecured revolving credit facility
LIBOR
Dec. 31, 2013
Unsecured revolving credit facility
Bank prime rate
Dec. 31, 2012
Senior unsecured notes repaid on July 2, 2013
Dec. 31, 2013
Senior Unsecured Notes - Publicly Traded
Nov. 30, 2006
Senior unsecured notes due November 20, 2006
item
Nov. 30, 2006
Senior unsecured notes due November 15, 2016
Dec. 31, 2013
Senior unsecured notes due November 15, 2016
Dec. 31, 2012
Senior unsecured notes due November 15, 2016
Nov. 30, 2006
Senior unsecured notes due November 15, 2036
Dec. 31, 2013
Senior unsecured notes due November 15, 2036
Dec. 31, 2012
Senior unsecured notes due November 15, 2036
Apr. 12, 2013
Senior unsecured notes due April 15, 2023
Dec. 31, 2013
Senior unsecured notes due April 15, 2023
Dec. 31, 2013
Unsecured Revolving Credit Facility and Senior Unsecured Notes
Dec. 31, 2013
Term loan expiring April 4, 2018
Apr. 04, 2013
Term loan expiring April 4, 2018
Third Amended and Restated Credit Agreement
Dec. 31, 2013
Other separate revolving credit facilities
Dec. 31, 2012
Other separate revolving credit facilities
Dec. 31, 2013
IRB
Metals USA
Dec. 31, 2013
Mortgage obligations
Travel Main
Debt                                                        
Number of banks as lenders     26                                                  
Maximum borrowing capacity of the credit facility         $ 1,500.0   $ 1,500.0                                   $ 21.6      
Debt outstanding 2,112.3 1,208.9                 75.0       350.0 350.0   250.0 250.0   500.0           11.9 43.0
Annual amortization of term loan during the first year (as a percent)                                             5.00%          
Annual amortization of term loan during the second year (as a percent)                                             5.00%          
Annual amortization of term loan during the third year (as a percent)                                             10.00%          
Annual amortization of term loan during the fourth year (as a percent)                                             10.00%          
Annual amortization of term loan during the fifth year (as a percent)                                             10.00%          
Increased maximum borrowing capacity under the credit subject to approval of the lenders and certain other conditions               500.0                                        
Variable interest rate                 LIBOR Bank prime rate                                    
Interest rate added to base (as a percent)                 1.25% 0.25%                                    
Commitment fee on unused portion of revolving credit facility (as a percent)       0.20%                                                
Weighted average fixed interest rate (as a percent)       1.41%   1.46%                                            
Letters of credit outstanding       59.2                                                
Additional amount of letters of credit available to be issued       190.8                                                
Combined outstanding balances of revolving credit facilities                                                 9.5 8.3    
Interest rate (as a percent)                     5.35%     6.20%     6.85%     4.50%               6.40%
Lump sum payment on maturity                                                       39.2
Issuance of debt                         600.0 350.0     250.0     500.0       500.0        
Number of tranches comprising the debt issuance                         2                              
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                       101.00%                                
Ownership interest in domestic subsidiaries (as a percent) 100.00%                                         100.00%            
Minimum percentage of consolidated EBITDA required for the entity and subsidiary guarantors                                           80.00%            
Minimum percentage of consolidated tangible assets required for the entity and subsidiary guarantors                                           80.00%            
Reliance shareholders' equity 3,874.6 3,558.4                                                    
Aggregate maturities of long-term debt for each of the next five years and thereafter                                                        
2014 36.5                                                      
2015 45.5                                                      
2016 440.9                                                      
2017 50.5                                                      
2018 779.3                                                      
Thereafter 759.6                                                      
Total $ 2,112.3