XML 17 R6.htm IDEA: XBRL DOCUMENT
v3.20.2

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Millions | Common Stock | Common Stock and Additional Paid in Capital | Retained Earnings | Accumulated Other Comprehensive (Loss) Income | Non-controlling Interests | Total
--- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2018 |  | $ 136.4 | $ 4,637.9 | $ (102.7) | $ 7.9 | $ 4,679.5
Balance (in shares) at Dec. 31, 2018 | 66,882,000 |  |  |  |  |
Increase (Decrease) in Stockholders' Equity |  |  |  |  |  |
Net income |  |  | 190.1 |  | 1.5 | 191.6
Other comprehensive income (loss) |  |  |  | 6.8 |  | 6.8
Stock-based compensation, net |  | (1.3) |  |  |  | (1.3)
Stock-based compensation, net (in shares) | 333,000 |  |  |  |  |
Stock options exercised |  | 0.8 |  |  |  | 0.8
Stock options exercised (in shares) | 20,000 |  |  |  |  |
Cash dividends - $0.55 and $0.625 per share for the quarter ended March 31, 2019 and March 31, 2020, respectively, and $0.55 and $0.625 per share for the quarter ended June 30, 2019 and June 30, 2020, respectively |  |  | (38.2) |  |  | (38.2)
Balance at Mar. 31, 2019 |  | 135.9 | 4,789.8 | (95.9) | 9.4 | 4,839.2
Balance (in shares) at Mar. 31, 2019 | 67,235,000 |  |  |  |  |
Balance at Dec. 31, 2018 |  | 136.4 | 4,637.9 | (102.7) | 7.9 | 4,679.5
Balance (in shares) at Dec. 31, 2018 | 66,882,000 |  |  |  |  |
Increase (Decrease) in Stockholders' Equity |  |  |  |  |  |
Net income |  |  |  |  |  | 375.9
Other comprehensive income (loss) |  |  |  |  |  | 8.0
Repurchase of common shares |  |  |  |  |  | $ (50.0)
Repurchase of common shares (in shares) |  |  |  |  |  | 600,000
Balance at Jun. 30, 2019 |  | 99.7 | 4,936.0 | (94.7) | 8.5 | $ 4,949.5
Balance (in shares) at Jun. 30, 2019 | 66,654,000 |  |  |  |  |
Balance at Mar. 31, 2019 |  | 135.9 | 4,789.8 | (95.9) | 9.4 | 4,839.2
Balance (in shares) at Mar. 31, 2019 | 67,235,000 |  |  |  |  |
Increase (Decrease) in Stockholders' Equity |  |  |  |  |  |
Net income |  |  | 183.1 |  | 1.2 | 184.3
Other comprehensive income (loss) |  |  |  | 1.2 |  | 1.2
Noncontrolling interest purchased |  |  |  |  | (0.4) | (0.4)
Dividend to noncontrolling interest holder |  |  |  |  | (1.7) | (1.7)
Stock-based compensation, net |  | 13.8 |  |  |  | 13.8
Stock-based compensation, net (in shares) | 12,000 |  |  |  |  |
Repurchase of common shares |  | (50.0) |  |  |  | (50.0)
Repurchase of common shares (in shares) | (593,000) |  |  |  |  |
Cash dividends - $0.55 and $0.625 per share for the quarter ended March 31, 2019 and March 31, 2020, respectively, and $0.55 and $0.625 per share for the quarter ended June 30, 2019 and June 30, 2020, respectively |  |  | (36.9) |  |  | (36.9)
Balance at Jun. 30, 2019 |  | 99.7 | 4,936.0 | (94.7) | 8.5 | 4,949.5
Balance (in shares) at Jun. 30, 2019 | 66,654,000 |  |  |  |  |
Balance at Dec. 31, 2019 |  | 122.2 | 5,189.5 | (105.1) | 7.5 | $ 5,214.1
Balance (in shares) at Dec. 31, 2019 | 66,854,000 |  |  |  |  | 66,854,000
Increase (Decrease) in Stockholders' Equity |  |  |  |  |  |
Net income |  |  | 61.7 |  | 1.2 | $ 62.9
Other comprehensive income (loss) |  |  |  | (31.4) |  | (31.4)
Noncontrolling interest purchased |  | (6.9) |  |  | (1.1) | (8.0)
Dividend to noncontrolling interest holder |  |  |  |  | (0.5) | (0.5)
Stock-based compensation, net |  | 3.8 |  |  |  | 3.8
Stock-based compensation, net (in shares) | 111,000 |  |  |  |  |
Stock options exercised |  | 0.3 |  |  |  | 0.3
Stock options exercised (in shares) | 6,000 |  |  |  |  |
Repurchase of common shares |  | (119.3) | (180.7) |  |  | (300.0)
Repurchase of common shares (in shares) | (3,330,000) |  |  |  |  |
Cash dividends - $0.55 and $0.625 per share for the quarter ended March 31, 2019 and March 31, 2020, respectively, and $0.55 and $0.625 per share for the quarter ended June 30, 2019 and June 30, 2020, respectively |  |  | (41.9) |  |  | (41.9)
Balance at Mar. 31, 2020 |  | 0.1 | 5,028.6 | (136.5) | 7.1 | 4,899.3
Balance (in shares) at Mar. 31, 2020 | 63,641,000 |  |  |  |  |
Balance at Dec. 31, 2019 |  | 122.2 | 5,189.5 | (105.1) | 7.5 | $ 5,214.1
Balance (in shares) at Dec. 31, 2019 | 66,854,000 |  |  |  |  | 66,854,000
Increase (Decrease) in Stockholders' Equity |  |  |  |  |  |
Net income |  |  |  |  |  | $ 143.6
Other comprehensive income (loss) |  |  |  |  |  | (19.0)
Repurchase of common shares |  |  |  |  |  | $ (300.0)
Repurchase of common shares (in shares) |  |  |  |  |  | 3,300,000
Balance at Jun. 30, 2020 |  | 9.1 | 5,068.9 | (124.1) | 7.6 | $ 4,961.5
Balance (in shares) at Jun. 30, 2020 | 63,654,000 |  |  |  |  | 63,654,000
Balance at Mar. 31, 2020 |  | 0.1 | 5,028.6 | (136.5) | 7.1 | $ 4,899.3
Balance (in shares) at Mar. 31, 2020 | 63,641,000 |  |  |  |  |
Increase (Decrease) in Stockholders' Equity |  |  |  |  |  |
Net income |  |  | 80.2 |  | 0.5 | 80.7
Other comprehensive income (loss) |  |  |  | 12.4 |  | 12.4
Stock-based compensation, net |  | 9.0 |  |  |  | $ 9.0
Stock-based compensation, net (in shares) | 13,000 |  |  |  |  |
Repurchase of common shares (in shares) |  |  |  |  |  | 0
Cash dividends - $0.55 and $0.625 per share for the quarter ended March 31, 2019 and March 31, 2020, respectively, and $0.55 and $0.625 per share for the quarter ended June 30, 2019 and June 30, 2020, respectively |  |  | (39.9) |  |  | $ (39.9)
Balance at Jun. 30, 2020 |  | $ 9.1 | $ 5,068.9 | $ (124.1) | $ 7.6 | $ 4,961.5
Balance (in shares) at Jun. 30, 2020 | 63,654,000 |  |  |  |  | 63,654,000

X
- Definition This element represents the amount of recognized equity-based compensation during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized) offset by payments to tax authorities on employees' behalf for shares withheld related to net share settlements. Alternate captions include the words "stock-based compensation". + References No definition available. + Details
Name: | rs_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodNetRecognitionValue
Namespace Prefix: | rs_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of paid and unpaid common stock dividends and dividend equivalents declared with the form of settlement in cash. + References No definition available. + Details
Name: | rs_DividendsAndDividendEquivalentsCommonStockCash
Namespace Prefix: | rs_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Total net number of shares issued during the period, including shares forfeited, as a result of Restricted Stock Awards. + References No definition available. + Details
Name: | rs_StockIssuedDuringPeriodSharesRestrictedStockAwardNet
Namespace Prefix: | rs_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockSharesIssued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_IncreaseDecreaseInStockholdersEquityRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Decrease in noncontrolling interest balance from payment of dividends or other distributions by the non-wholly owned subsidiary or partially owned entity, included in the consolidation of the parent entity, to the noncontrolling interest holders. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
Name: | us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Decrease in noncontrolling interest (for example, but not limited to, redeeming or purchasing the interests of noncontrolling shareholders, issuance of shares (interests) by the non-wholly owned subsidiary to the parent entity for other than cash, and a buyback of shares (interest) by the non-wholly owned subsidiary from the noncontrolling interests). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569655-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4616395-111683 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
Name: | us-gaap_MinorityInterestDecreaseFromRedemptions
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 55 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=118951672&loc=d3e1436-108581 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossNetOfTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=116874947&loc=SL4591551-111686 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3000-108585 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=116874947&loc=SL4591552-111686 + Details
Name: | us-gaap_ProfitLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Number of share options (or share units) exercised during the current period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Value of stock issued as a result of the exercise of stock options. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -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 + Details
Name: | us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Number of shares that have been repurchased and retired during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 + Details
Name: | us-gaap_StockRepurchasedAndRetiredDuringPeriodShares
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
Name: | us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568740-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4I -URI http://asc.fasb.org/extlink&oid=116874947&loc=SL4590271-111686 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683 + Details
Name: | us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant