XML 42 R30.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Debt - Other (Details) $ in Millions |  |  |  | 3 Months Ended |
--- | --- | --- | --- | --- | ---
Apr. 12, 2013 USD ($) | Apr. 04, 2013 USD ($) | Nov. 20, 2006 USD ($) item | Nov. 20, 2006 USD ($) | Mar. 31, 2016 USD ($) | Dec. 31, 2015 USD ($)
Debt |  |  |  |  |  |
Debt outstanding |  |  |  |  | $ 2,146.6 | $ 1,942.1
Ownership interest in domestic subsidiaries (as a percent) |  |  |  |  | 100.00% |
Third Amended and Restated Credit Agreement |  |  |  |  |  |
Debt |  |  |  |  |  |
Debt term |  | 5 years |  |  |  |
Unsecured revolving credit facility due April 4, 2018 |  |  |  |  |  |
Debt |  |  |  |  |  |
Debt outstanding |  |  |  |  | $ 556.0 | $ 332.0
Unsecured revolving credit facility due April 4, 2018 | Third Amended and Restated Credit Agreement |  |  |  |  |  |
Debt |  |  |  |  |  |
Maximum borrowing capacity of the credit facility |  | $ 1,500.0 |  |  |  |
Debt outstanding |  |  |  |  | $ 556.0 |
Increased maximum borrowing capacity under the credit subject to approval of the lenders and certain other conditions |  | 500.0 |  |  |  |
Commitment fee on unused portion of revolving credit facility (as a percent) |  |  |  |  | 0.20% |
Weighted average fixed interest rate (as a percent) |  |  |  |  | 1.73% | 1.81%
Letters of credit outstanding |  |  |  |  | $ 56.9 |
Available on the revolving credit facilities |  |  |  |  | $ 887.1 |
Unsecured revolving credit facility due April 4, 2018 | LIBOR | Third Amended and Restated Credit Agreement |  |  |  |  |  |
Debt |  |  |  |  |  |
Variable interest rate |  |  |  |  | LIBOR |
Interest rate added to base (as a percent) |  |  |  |  | 1.25% |
Unsecured revolving credit facility due April 4, 2018 | Bank prime rate | Third Amended and Restated Credit Agreement |  |  |  |  |  |
Debt |  |  |  |  |  |
Variable interest rate |  |  |  |  | bank prime rate |
Interest rate added to base (as a percent) |  |  |  |  | 0.25% |
Unsecured term loan due from June 30, 2016 to April 4, 2018 |  |  |  |  |  |
Debt |  |  |  |  |  |
Debt outstanding |  |  |  |  | $ 386.3 | $ 398.8
Unsecured term loan due from June 30, 2016 to April 4, 2018 | Third Amended and Restated Credit Agreement |  |  |  |  |  |
Debt |  |  |  |  |  |
Issuance of debt |  | $ 500.0 |  |  |  |
Annual amortization of term loan thereafter until March 2018 (as a percent) |  |  |  |  | 10.00% |
Weighted average fixed interest rate (as a percent) |  |  |  |  | 1.68% | 1.67%
Unsecured term loan due from June 30, 2016 to April 4, 2018 | LIBOR | Third Amended and Restated Credit Agreement |  |  |  |  |  |
Debt |  |  |  |  |  |
Variable interest rate |  |  |  |  | LIBOR |
Interest rate added to base (as a percent) |  |  |  |  | 1.25% |
Unsecured term loan due from June 30, 2016 to April 4, 2018 | Bank prime rate | Third Amended and Restated Credit Agreement |  |  |  |  |  |
Debt |  |  |  |  |  |
Variable interest rate |  |  |  |  | bank prime rate |
Interest rate added to base (as a percent) |  |  |  |  | 0.25% |
Senior Unsecured Notes |  |  |  |  |  |
Debt |  |  |  |  |  |
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% |
Senior unsecured notes issued November 20, 2006 |  |  |  |  |  |
Debt |  |  |  |  |  |
Issuance of debt |  |  |  | $ 600.0 |  |
Number of tranches comprising the debt issuance | item |  |  | 2 |  |  |
Senior unsecured notes due November 15, 2016 |  |  |  |  |  |
Debt |  |  |  |  |  |
Debt outstanding |  |  |  |  | $ 350.0 | $ 350.0
Interest rate (as a percent) |  |  | 6.20% | 6.20% |  |
Issuance of debt |  |  | $ 350.0 |  |  |
Senior unsecured notes due November 15, 2036 |  |  |  |  |  |
Debt |  |  |  |  |  |
Debt outstanding |  |  |  |  | 250.0 | 250.0
Interest rate (as a percent) |  |  | 6.85% | 6.85% |  |
Issuance of debt |  |  | $ 250.0 |  |  |
Senior unsecured notes due April 15, 2023 |  |  |  |  |  |
Debt |  |  |  |  |  |
Debt outstanding |  |  |  |  | $ 500.0 | 500.0
Interest rate (as a percent) | 4.50% |  |  |  |  |
Issuance of debt | $ 500.0 |  |  |  |  |
Unsecured Revolving Credit Facility and Senior Unsecured Notes |  |  |  |  |  |
Debt |  |  |  |  |  |
Ownership interest in domestic subsidiaries (as a percent) |  |  |  |  | 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% |
Other separate revolving credit facilities |  |  |  |  |  |
Debt |  |  |  |  |  |
Maximum borrowing capacity of the credit facility |  |  |  |  | $ 74.3 |
Debt outstanding |  |  |  |  | 53.2 | 59.9
IRB | Metals USA |  |  |  |  |  |
Debt |  |  |  |  |  |
Debt outstanding |  |  |  |  | 11.0 |
Mortgage obligations | Real Estate Properties Portfolio |  |  |  |  |  |
Debt |  |  |  |  |  |
Debt outstanding |  |  |  |  | $ 40.1 | $ 40.4
Interest rate (as a percent) |  |  |  |  | 6.40% |
Lump sum payment on maturity |  |  |  |  | $ 39.2 |

X
- 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. + References No definition available. + Details
Name: | rs_DebtInstrumentCovenantPercentageOfEBITDAParentAndSubsidiaryGuarantorsMinimum
Namespace Prefix: | rs_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- 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. + References No definition available. + Details
Name: | rs_DebtInstrumentCovenantPercentageOfTangibleAssetsParentAndSubsidiaryGuarantorsMinimum
Namespace Prefix: | rs_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Represents the number of tranches comprising the debt issuance. + References No definition available. + Details
Name: | rs_DebtInstrumentIssuedTranchesNumber
Namespace Prefix: | rs_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the lump sum amount payable at the maturity of the debt instrument. + References No definition available. + Details
Name: | rs_DebtInstrumentPaymentAtMaturity
Namespace Prefix: | rs_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the percentage of annual amortization of term loan after specified period. + References No definition available. + Details
Name: | rs_DebtInstrumentTermLoanAnnualAmortizationPercentageAfterSpecifiedPeriod
Namespace Prefix: | rs_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- 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. + References No definition available. + Details
Name: | rs_DebtRedemptionPriceDueToChangeOfControlAndDowngradeOfCreditRatingAsPercentageOfPrincipalAmount
Namespace Prefix: | rs_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Increased maximum borrowing capacity under the credit subject to approval of the lenders and certain other conditions. + References No definition available. + Details
Name: | rs_LineOfCreditFacilityContingentIncreaseToMaximumBorrowingCapacity
Namespace Prefix: | rs_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the parent entity's interest in net assets of the subsidiary, expressed as a percentage. + References No definition available. + Details
Name: | rs_MajorityInterestOwnershipPercentageByParent
Namespace Prefix: | rs_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. + 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 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentDescriptionOfVariableRateBasis
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + 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 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average interest rate of debt outstanding. + References No definition available. + Details
Name: | us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- 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 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
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + 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 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt. + References No definition available. + Details
Name: | us-gaap_ProceedsFromIssuanceOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=rs_ThirdAmendedAndRestatedCreditAgreementAndSeniorUnsecuredNotesDueApril2023IndentureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rs_UnsecuredRevolvingCreditFacilityDueApril2018Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_PrimeRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rs_UnsecuredTermLoanDueApril2018Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rs_SeniorUnsecuredNotesPubliclyTradedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rs_SeniorUnsecuredNotesIssuedNovember2006Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rs_SeniorUnsecuredNotesDueNovember2016Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rs_SeniorUnsecuredNotesDueNovember2036Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rs_SeniorUnsecuredNotesDue2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rs_UnsecuredRevolvingCreditFacilityAndSeniorUnsecuredNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rs_OtherRevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rs_IndustrialRevenueBondsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=rs_MetalsUSAHoldingCorpMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_MortgagesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=rs_RealEstatePropertiesPortfolioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |