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v3.22.2.2

Acquisitions (Details) - USD ($) $ / shares in Units, $ in Millions | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | Dec. 31, 2021
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed |  |  |  |
Goodwill |  | $ 2,103.9 |  | $ 2,107.6
Pro forma: |  |  |  |
Net sales | $ 4,100.8 |  | $ 10,780.4 |
Net income attributable to Reliance | $ 435.5 |  | $ 1,091.2 |
Basic earnings per common share attributable to Reliance shareholders (in dollars per share) | $ 6.88 |  | $ 17.18 |
Diluted earnings per common share attributable to Reliance shareholders (in dollars per share) | $ 6.77 |  | $ 16.89 |
2021 Acquisitions |  |  |  |
Acquisitions |  |  |  |
Net sales |  | 681.7 |  |
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed |  |  |  |
Cash |  | 1.0 |  |
Accounts receivable |  | 107.2 |  |
Inventories |  | 134.4 |  |
Property, plant and equipment |  | 33.6 |  |
Operating lease right-of-use assets |  | 29.8 |  |
Goodwill |  | 177.0 |  |
Intangible assets subject to amortization |  | 116.3 |  |
Intangible assets not subject to amortization |  | 51.2 |  |
Other current and long-term assets |  | 4.0 |  |
Total assets acquired |  | 654.5 |  |
Deferred taxes |  | 49.3 |  |
Operating lease liabilities |  | 24.6 |  |
Other current and long-term liabilities |  | 140.3 |  |
Total liabilities assumed |  | 214.2 |  |
Net assets acquired |  | $ 440.3 |  |

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