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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 113.5 $ 83.6
Accounts receivable, less allowance for doubtful accounts of $20.6 at June 30, 2014 and $18.9 at December 31, 2013 1,169.2 983.5
Inventories 1,769.9 1,540.0
Prepaid expenses and other current assets 63.9 59.0
Income taxes receivable   33.9
Deferred income taxes 38.9 38.9
Total current assets 3,155.4 2,738.9
Property, plant and equipment:    
Land 192.5 191.7
Buildings 951.7 934.6
Machinery and equipment 1,406.3 1,350.3
Accumulated depreciation (942.7) (872.7)
Total property, plant and equipment 1,607.8 1,603.9
Goodwill 1,676.3 1,691.6
Intangible assets, net 1,186.2 1,213.8
Cash surrender value of life insurance policies, net 40.5 45.4
Investments in unconsolidated entities 15.1 14.1
Other assets 33.4 33.3
Total assets 7,714.7 7,341.0
Current liabilities:    
Accounts payable 457.8 280.3
Accrued expenses 108.1 91.1
Accrued compensation and retirement costs 105.0 119.5
Accrued insurance costs 45.7 46.0
Current maturities of long-term debt and short-term borrowings 39.2 36.5
Income taxes payable 6.7  
Total current liabilities 762.5 573.4
Long-term debt 2,093.2 2,072.5
Long-term retirement costs 84.7 84.0
Other long-term liabilities 30.7 35.9
Deferred income taxes 689.4 690.8
Commitments and contingencies      
Equity:    
Preferred stock, no par value: Authorized shares - 5,000,000 None issued or outstanding      
Common stock, no par value: Authorized shares - 200,000,000 Issued and outstanding shares - 77,941,158 at June 30, 2014 and 77,492,017 at December 31, 2013, stated capital 852.5 818.3
Retained earnings 3,193.1 3,063.0
Accumulated other comprehensive loss (1.3) (6.7)
Total Reliance shareholders' equity 4,044.3 3,874.6
Noncontrolling interests 9.9 9.8
Total equity 4,054.2 3,884.4
Total liabilities and equity $ 7,714.7 $ 7,341.0