Reliance Steel & Aluminum Co
(NYSE:RS)

Reliance Steel & Aluminum Co. operates as a metals service center company. The company provides alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products and processing services to general manufacturing, non-residential construction, transportation, aerosp...

Website: http://www.rsac.com

Founded: 1939

Full Time Employees: 15,300

Sector: Basic Materials

Industry: Steel

Materials Steel Aluminum

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At a glance:

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Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31

net sales	3,498,600,000	3,651,200,000	3,659,800,000	3,484,700,000	3,126,600,000	3,420,300,000	3,643,300,000	3,644,800,000	3,337,300,000	3,623,000,000	3,880,300,000	3,965,300,000	3,610,800,000	4,247,200,000	4,681,200,000	4,485,800,000	3,988,700,000	3,847,400,000	3,418,800,000	2,838,400,000	2,134,100,000	2,085,600,000	2,019,300,000	2,572,900,000	2,447,800,000	2,685,900,000	2,883,500,000	2,956,600,000	2,814,000,000	2,974,500,000	2,988,900,000	2,757,100,000	2,376,400,000	2,450,100,000	2,475,200,000	2,419,300,000	2,061,600,000	2,185,200,000	2,203,900,000	2,162,700,000	2,026,200,000	2,286,200,000	2,423,700,000	2,614,400,000	2,705,100,000	2,616,800,000	2,553,000,000	2,443,500,000	2,448,300,000	2,025,300,000	2,055,300,000	2,209,700,000	2,288,300,000	2,138,600,000	2,049,500,000	1,912,700,000	1,584,337,000	1,653,798,000	1,620,585,000	1,454,075,000	1,273,246,000	1,243,373,000	1,242,978,000	1,558,535,000	2,142,770,000	2,572,836,000	2,095,068,000	1,908,170,000	1,705,661,000	1,812,092,000	1,896,036,000	1,841,890,000	1,569,192,000	1,626,208,000	1,559,222,000	987,986,000	868,678,000	870,124,000	816,342,000	811,907,000	742,819,000	783,670,000	760,780,000	655,765,000	485,194,000	490,587,000	456,329,000	450,823,000	434,513,000	454,840,000	450,166,000	405,486,000
yoy	11.90%	6.75%	0.45%	-4.39%	-6.31%	-5.59%	-6.11%	-8.08%	-7.57%	-14.70%	-17.11%	-11.60%	-9.47%	10.39%	36.93%	58.04%	86.90%	84.47%	69.31%	10.32%	-12.82%	-22.35%	-29.97%	-12.98%	-13.01%	-9.70%	-3.53%	7.24%	18.41%	21.40%	20.75%	13.96%	15.27%	12.12%	12.31%	11.86%	1.75%	-4.42%	-9.07%	-17.28%	-25.10%	-12.63%	-5.06%	6.99%	10.49%	29.21%	24.22%	10.58%	6.99%	-5.30%	0.28%	15.53%	44.43%	29.31%	26.47%	31.54%	24.43%	33.01%	30.38%	-6.70%	-40.58%	-51.67%	-40.67%	-18.32%	25.63%	41.98%	10.50%	3.60%	8.70%	11.43%	21.60%	86.43%	80.64%	86.89%	91.00%	21.69%	16.94%	11.03%	7.30%	23.81%	53.10%	59.74%	66.72%	45.46%	11.66%	7.86%	1.37%	11.18%
qoq	-4.18%	-0.23%	5.02%	11.45%	-8.59%	-6.12%	-0.04%	9.21%	-7.89%	-6.63%	-2.14%	9.82%	-14.98%	-9.27%	4.36%	12.46%	3.67%	12.54%	20.45%	33.00%	2.33%	3.28%	-21.52%	5.11%	-8.86%	-6.85%	-2.47%	5.07%	-5.40%	-0.48%	8.41%	16.02%	-3.01%	-1.01%	2.31%	17.35%	-5.66%	-0.85%	1.91%	6.74%	-11.37%	-5.67%	-7.29%	-3.35%	3.37%	2.50%	4.48%	-0.20%	20.89%	-1.46%	-6.99%	-3.43%	7.00%	4.35%	7.15%	20.73%	-4.20%	2.05%	11.45%	14.20%	2.40%	0.03%	-20.25%	-27.27%	-16.72%	22.80%	9.79%	11.87%	-5.87%	-4.43%	2.94%	17.38%	-3.51%	4.30%	57.82%	13.73%	-0.17%	6.59%	0.55%	9.30%	-5.21%	3.01%	16.01%	35.16%	-1.10%	7.51%	1.22%	3.75%	-4.47%	1.04%	11.02%
costs and expenses:
cost of sales	2,543,900,000	2,619,600,000	2,571,900,000	2,451,400,000	2,240,500,000	2,414,000,000	2,557,300,000	2,516,600,000	2,315,700,000	2,546,000,000	2,657,600,000	2,739,300,000	2,481,000,000	3,008,200,000	3,185,800,000	3,098,700,000	2,745,400,000	2,636,300,000	2,336,600,000	1,884,700,000	1,430,500,000	1,409,500,000	1,404,600,000	1,792,200,000	1,653,600,000	1,871,200,000	2,029,900,000	2,089,700,000	2,104,200,000	2,140,200,000	2,071,400,000	1,937,200,000				1,697,700,000	1,447,700,000	1,530,600,000	1,518,800,000	1,526,000,000	1,444,200,000	1,647,900,000	1,767,800,000	1,943,700,000	2,026,900,000	1,943,500,000		1,800,500,000	1,826,700,000	1,496,500,000	1,520,000,000	1,640,300,000	1,710,500,000	1,644,700,000	1,538,700,000	1,406,400,000	1,190,486,000	1,257,629,000	1,203,810,000	1,075,962,000	867,521,000	886,904,000	960,093,000	1,204,093,000	1,683,935,000	1,948,788,000	1,508,134,000	1,415,891,000	1,278,056,000	1,372,128,000	1,398,539,000	1,369,438,000	1,180,097,000	1,194,139,000	1,139,349,000	717,801,000	617,526,000	641,396,000	594,107,000	595,971,000	541,452,000	568,748,000	532,313,000	468,335,000	349,556,000	354,377,000	336,957,000	331,420,000	320,866,000	329,321,000	324,123,000	293,941,000
warehouse, delivery, selling, general and administrative	709,200,000	701,300,000	706,000,000	690,200,000	662,000,000	665,000,000	667,700,000	671,500,000	633,600,000	626,900,000	650,600,000	651,300,000	613,600,000	630,100,000	648,600,000	611,900,000	617,900,000	606,800,000	563,300,000	518,500,000	463,600,000	449,200,000	438,500,000	522,700,000	513,200,000	518,700,000	531,400,000	532,100,000	505,500,000	531,000,000	535,900,000	519,400,000				476,200,000	441,700,000	454,300,000	456,500,000	450,800,000	412,700,000	428,900,000	440,800,000	446,100,000	472,900,000	444,900,000		430,000,000	426,000,000	357,700,000	345,400,000	346,700,000	357,700,000	319,600,000	313,700,000	318,500,000	283,988,000	278,135,000	272,187,000	269,274,000	253,975,000	251,761,000	247,875,000	276,634,000	303,481,000	328,446,000	297,582,000	281,692,000	262,021,000	252,017,000	264,549,000	255,552,000	234,368,000	224,703,000	225,267,000	137,048,000	132,292,000	130,260,000	123,571,000	121,782,000	123,611,000	121,047,000	120,723,000	118,506,000	100,699,000	100,198,000	97,146,000	97,884,000	98,991,000	96,375,000	96,214,000	87,709,000
depreciation and amortization	69,300,000	70,500,000	69,700,000	68,700,000	70,600,000	67,900,000	66,600,000	63,600,000	62,900,000	60,600,000	60,800,000	61,100,000	61,400,000	60,400,000	59,300,000	59,100,000	58,100,000	56,700,000	58,500,000	56,900,000	56,500,000	56,400,000	57,400,000	57,000,000	56,100,000	54,800,000	54,400,000	54,000,000	53,400,000	53,400,000	54,300,000	54,100,000	54,200,000	54,000,000	55,000,000	55,200,000	55,300,000	55,100,000	55,500,000	56,100,000	53,900,000	54,400,000	54,900,000	55,300,000	54,000,000	52,700,000	51,900,000	49,900,000	50,100,000	41,100,000	37,300,000	36,500,000	35,500,000	34,200,000	31,500,000	33,000,000	31,701,000	29,847,000	29,977,000	29,078,000	29,032,000	30,425,000	29,580,000	29,847,000	28,104,000	27,010,000	21,445,000	21,365,000	22,421,000	19,791,000	19,210,000	18,451,000	17,342,000	16,511,000	16,800,000	11,821,000	11,825,000	11,537,000	12,107,000	11,162,000	11,481,000	11,034,000	11,066,000	11,046,000					7,249,000	7,365,000	7,111,000	6,821,000
operating income	166,300,000	259,800,000	312,200,000	274,400,000	141,800,000	273,400,000	351,700,000	393,100,000	325,100,000	389,500,000	511,300,000	513,600,000	454,800,000	548,500,000	787,500,000	716,100,000	562,600,000	547,600,000	460,400,000	378,300,000	183,400,000	160,500,000	118,600,000	103,300,000	224,900,000	241,200,000	266,600,000	280,800,000	149,400,000	214,400,000	327,300,000	246,400,000	142,300,000	158,700,000	171,200,000	190,200,000	116,200,000	93,500,000	173,100,000	129,800,000	115,400,000	101,700,000	160,200,000	169,300,000	151,300,000	175,700,000	154,300,000	163,100,000	145,500,000	130,000,000	152,600,000	186,200,000	184,600,000	140,100,000	165,600,000	154,800,000	78,162,000	88,187,000	114,611,000	79,761,000	122,718,000	74,283,000	5,430,000	47,961,000	127,250,000	268,592,000	267,907,000
yoy	17.28%	-4.97%	-11.23%	-30.20%	-56.38%	-29.81%	-31.21%	-23.46%	-28.52%	-28.99%	-35.07%	-28.28%	-19.16%	0.16%	71.05%	89.29%	206.76%	241.18%	288.20%	266.21%	-18.45%	-33.46%	-55.51%	-63.21%	50.54%	12.50%	-18.55%	13.96%	4.99%	35.10%	91.18%	29.55%	22.46%	69.73%	-1.10%	46.53%	0.69%	-8.06%	8.05%	-23.33%	-23.73%	-42.12%	3.82%	3.80%	3.99%	35.15%	1.11%	-12.41%	-21.18%	-7.21%	-7.85%	20.28%	136.18%	58.87%	44.49%	94.08%	-36.31%	18.72%	2010.70%	66.30%	-3.56%	-72.34%	-97.97%
qoq	-35.99%	-16.78%	13.78%	93.51%	-48.13%	-22.26%	-10.53%	20.92%	-16.53%	-23.82%	-0.45%	12.93%	-17.08%	-30.35%	9.97%	27.28%	2.74%	18.94%	21.70%	106.27%	14.27%	35.33%	14.81%	-54.07%	-6.76%	-9.53%	-5.06%	87.95%	-30.32%	-34.49%	32.83%	73.16%	-10.33%	-7.30%	-9.99%	63.68%	24.28%	-45.98%	33.36%	12.48%	13.47%	-36.52%	-5.38%	11.90%	-13.89%	13.87%	-5.40%	12.10%	11.92%	-14.81%	-18.05%	0.87%	31.76%	-15.40%	6.98%	98.05%	-11.37%	-23.06%	43.69%	-35.00%	65.20%	1268.01%	-88.68%	-62.31%	-52.62%	0.26%
operating margin %	4.75%	7.12%	8.53%	7.87%	4.54%	7.99%	9.65%	10.79%	9.74%	10.75%	13.18%	12.95%	12.60%	12.91%	16.82%	15.96%	14.10%	14.23%	13.47%	13.33%	8.59%	7.70%	5.87%	4.01%	9.19%	8.98%	9.25%	9.50%	5.31%	7.21%	10.95%	8.94%	5.99%	6.48%	6.92%	7.86%	5.64%	4.28%	7.85%	6.00%	5.70%	4.45%	6.61%	6.48%	5.59%	6.71%	6.04%	6.67%	5.94%	6.42%	7.42%	8.43%	8.07%	6.55%	8.08%	8.09%	4.93%	5.33%	7.07%	5.49%	9.64%	5.97%	0.44%	3.08%	5.94%	10.44%	12.79%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
other expense:
interest expense	15,500,000	14,400,000	14,300,000	11,500,000	10,000,000	10,900,000	9,700,000	9,700,000	9,800,000	9,700,000	9,700,000	10,900,000	15,500,000	15,600,000	15,600,000	15,600,000	15,700,000	15,600,000	15,700,000	15,700,000	15,700,000	15,700,000	14,600,000	16,900,000	17,100,000	20,500,000	23,700,000	24,200,000	15,650,000	22,000,000	21,300,000	19,300,000	13,725,000	19,100,000	18,500,000																																					20,110,000									5,454,000	7,080,000	7,256,000		-4,769,750	-7,962,000	-5,511,000	-5,606,000
other expense	-2,050,000	-2,300,000		500,000	-1,700,000	2,000,000			-18,000,000	-8,200,000	-9,300,000	-5,800,000	-7,300,000	8,900,000	9,300,000	3,300,000	-500,000	-600,000	600,000	3,600,000	1,600,000	17,800,000		3,300,000			-2,900,000	1,100,000	1,900,000	-2,500,000	-600,000	1,900,000	2,600,000	-2,600,000	300,000	-4,400,000
income before income taxes	154,800,000	247,700,000	304,300,000	262,400,000	133,500,000	260,500,000	349,700,000	396,200,000	333,300,000	388,000,000	510,900,000	508,500,000	446,600,000	524,000,000	762,600,000	697,200,000	547,400,000	532,600,000	444,100,000	359,000,000	166,100,000	127,000,000	102,000,000	83,100,000	209,600,000	218,400,000	245,800,000	255,500,000	123,900,000	194,900,000	306,600,000	225,200,000	120,700,000	142,200,000	152,400,000	168,500,000	97,900,000	70,500,000	151,600,000	109,200,000	94,500,000	77,700,000	135,900,000	150,600,000	130,400,000	154,200,000	134,100,000	142,700,000	122,800,000	119,800,000	143,800,000	167,700,000	176,600,000	118,600,000	154,200,000	140,400,000	60,471,000	73,424,000	96,728,000	65,805,000	112,849,000	61,511,000
income tax provision	37,900,000	57,700,000	70,100,000	61,900,000	27,500,000	60,600,000	81,400,000	92,400,000	59,900,000	92,000,000	124,600,000	124,100,000	95,300,000	129,600,000	188,700,000	172,600,000	125,100,000	135,900,000	113,900,000	90,800,000	35,600,000	28,700,000	21,300,000	20,200,000	43,300,000	54,500,000	61,500,000	63,900,000	36,600,000	44,600,000	73,500,000	54,100,000	-183,100,000	43,200,000	47,600,000	55,100,000	35,000,000	19,900,000	49,500,000	15,700,000	25,600,000	24,900,000	44,300,000	47,700,000	33,500,000	56,400,000	46,200,000	46,700,000	40,900,000	35,300,000	44,400,000	57,500,000	58,700,000	32,300,000	54,000,000	46,800,000	19,699,000	24,139,000	33,923,000	20,818,000	20,582,000	19,434,000	-3,880,000
net income	116,900,000	190,000,000	234,200,000	200,500,000	106,000,000	199,900,000	268,300,000	303,800,000	273,400,000	296,000,000	386,300,000	384,400,000	351,300,000	394,400,000	573,900,000	524,600,000	422,300,000	396,700,000	330,200,000	268,200,000	130,500,000	98,300,000	80,700,000	62,900,000	166,300,000	163,900,000	184,300,000	191,600,000	87,300,000	150,300,000	233,100,000	171,100,000	303,800,000	99,000,000	104,800,000	113,400,000	62,900,000	50,600,000	102,100,000	93,500,000	68,900,000	52,800,000	91,600,000	102,900,000	96,900,000	97,800,000	87,900,000	96,000,000	81,900,000	84,500,000	99,400,000	110,200,000	117,900,000	86,300,000	100,200,000	93,600,000	40,772,000	49,285,000	62,805,000	44,987,000	92,267,000	42,077,000	-5,556,000	20,388,000	66,288,000	152,498,000	156,596,000	107,395,000	79,910,000	93,565,000	122,784,000	111,696,000	74,642,000	107,505,000	100,505,000	71,855,000	60,588,000	49,437,000	49,049,000	46,363,000	42,952,000	44,140,000	52,797,000	29,839,000	9,686,000	12,353,000	6,392,000	5,579,000	1,937,000	9,965,000	10,774,000	7,491,000
yoy	10.28%	-4.95%	-12.71%	-34.00%	-61.23%	-32.47%	-30.55%	-20.97%	-22.17%	-24.95%	-32.69%	-26.73%	-16.81%	-0.58%	73.80%	95.60%	223.60%	303.56%	309.17%	326.39%	-21.53%	-40.02%	-56.21%	-67.17%	90.49%	9.05%	-20.94%	11.98%	-71.26%	51.82%	122.42%	50.88%	382.99%	95.65%	2.64%	21.28%	-8.71%	-4.17%	11.46%	-9.14%	-28.90%	-46.01%	4.21%	7.19%	18.32%	15.74%	-11.57%	-12.89%	-30.53%	-2.09%	-0.80%	17.74%	189.17%	75.10%	59.54%	108.06%	-55.81%	17.13%	-1230.40%	120.65%	39.19%	-72.41%	-103.55%	-81.02%	-17.05%	62.99%	27.54%	-3.85%	7.06%	-12.97%	22.17%	55.45%	23.20%	117.46%	104.91%	54.98%	41.06%	12.00%	-7.10%	55.38%	343.44%	257.32%	725.99%	434.84%	400.05%	23.96%	-40.67%	-25.52%
qoq	-38.47%	-18.87%	16.81%	89.15%	-46.97%	-25.49%	-11.69%	11.12%	-7.64%	-23.38%	0.49%	9.42%	-10.93%	-31.28%	9.40%	24.22%	6.45%	20.14%	23.12%	105.52%	32.76%	21.81%	28.30%	-62.18%	1.46%	-11.07%	-3.81%	119.47%	-41.92%	-35.52%	36.24%	-43.68%	206.87%	-5.53%	-7.58%	80.29%	24.31%	-50.44%	9.20%	35.70%	30.49%	-42.36%	-10.98%	6.19%	-0.92%	11.26%	-8.44%	17.22%	-3.08%	-14.99%	-9.80%	-6.53%	36.62%	-13.87%	7.05%	129.57%	-17.27%	-21.53%	39.61%	-51.24%	119.28%	-857.33%	-127.25%	-69.24%	-56.53%	-2.62%	45.81%	34.39%	-14.59%	-23.80%	9.93%	49.64%	-30.57%	6.96%	39.87%	18.60%	22.56%	0.79%	5.79%	7.94%	-2.69%	-16.40%	76.94%	208.06%	-21.59%	93.26%	14.57%	188.02%	-80.56%	-7.51%	43.83%
net income margin %	3.34%	5.20%	6.40%	5.75%	3.39%	5.84%	7.36%	8.34%	8.19%	8.17%	9.96%	9.69%	9.73%	9.29%	12.26%	11.69%	10.59%	10.31%	9.66%	9.45%	6.11%	4.71%	4.00%	2.44%	6.79%	6.10%	6.39%	6.48%	3.10%	5.05%	7.80%	6.21%	12.78%	4.04%	4.23%	4.69%	3.05%	2.32%	4.63%	4.32%	3.40%	2.31%	3.78%	3.94%	3.58%	3.74%	3.44%	3.93%	3.35%	4.17%	4.84%	4.99%	5.15%	4.04%	4.89%	4.89%	2.57%	2.98%	3.88%	3.09%	7.25%	3.38%	-0.45%	1.31%	3.09%	5.93%	7.47%	5.63%	4.68%	5.16%	6.48%	6.06%	4.76%	6.61%	6.45%	7.27%	6.97%	5.68%	6.01%	5.71%	5.78%	5.63%	6.94%	4.55%	2.00%	2.52%	1.40%	1.24%	0.45%	2.19%	2.39%	1.85%
less: net income attributable to noncontrolling interests	400,000	500,000	500,000	800,000	700,000	700,000	500,000	900,000	700,000	1,000,000	1,200,000	1,300,000	800,000	900,000	1,100,000	1,300,000	1,000,000	1,000,000	1,100,000	1,300,000	900,000	700,000	500,000	1,200,000	700,000	1,200,000	1,200,000	1,500,000	1,700,000	2,000,000	2,300,000	2,100,000				1,700,000	1,200,000	1,100,000	1,200,000	1,300,000	300,000	1,400,000	1,400,000	1,600,000	1,400,000	1,300,000	700,000	900,000	900,000	800,000	1,300,000	1,400,000	1,700,000	1,400,000	1,500,000	1,300,000	1,318,000	635,000	1,206,000	337,000
net income attributable to reliance	116,500,000	189,500,000	233,700,000	199,700,000	105,300,000	199,200,000	267,800,000	302,900,000	272,700,000	295,000,000	385,100,000	383,100,000	350,500,000	393,500,000	572,800,000	523,300,000	421,300,000	395,700,000	329,100,000	266,900,000	129,600,000	97,600,000	80,200,000	61,700,000	165,600,000	162,700,000	183,100,000	190,100,000	85,600,000	148,300,000	230,800,000	169,000,000	301,400,000	97,300,000	103,000,000	111,700,000	61,700,000	49,500,000	100,900,000	92,200,000	68,600,000	51,400,000	90,200,000	101,300,000	95,500,000	96,500,000	87,200,000	95,100,000	81,000,000	83,700,000	98,100,000	108,800,000	116,200,000	84,900,000	98,700,000	92,300,000	39,454,000	48,650,000	61,599,000	44,650,000	92,070,000	41,757,000	-5,787,000	20,118,000
earnings per share attributable to reliance stockholders:
basic	2.25	3.61	4.44	3.76	2.02	3.64	4.71	5.28	4.77	5.05	6.56	6.51	6.04	6.55
diluted	2.24	3.59	4.42	3.74	2.01	3.61	4.67	5.23	4.72	4.99	6.49	6.43	5.94	6.45
shares used in computing earnings per share:
basic	-165	52,482	52,610	53,075	-551	54,691	56,878	57,340	-320	58,427	58,688	58,832	-616	60,055
diluted	-169	52,817	52,923	53,399	-567	55,182	57,394	57,882	-318	59,124	59,346	59,534	-619	60,984
other income			-6,400,000				-7,700,000	-12,800,000																													700,000	-800,000	200,000	1,100,000				1,900,000				1,200,000		2,900,000	5,900,000		6,500,000		4,100,000	200,000	-2,522,000	513,000	-2,236,000	1,127,000	5,724,000	3,144,000	1,832,000	1,924,000	-2,886,000	-68,000	-499,000	-387,000	5,161,000	2,063,000	2,333,000	374,000	2,127,000	1,987,000	376,000	1,278,000	962,000	1,345,000	699,000	665,000	1,792,000	483,000	1,386,000	507,000	548,000	585,000	1,141,000	563,000	1,646,000	384,000	603,000	634,000
earnings per share attributable to reliance stockholders:
diluted															9.15	8.33	6.62	6.15	5.08	4.12	2	1.51	1.24	0.92	2.44	2.4	2.69	2.8	1.26	2.03	3.16	2.3	4.1	1.32	1.4	1.52	0.84	0.68	1.38	1.27	0.95	0.69	1.2	1.3
basic															9.29	8.46	6.74	6.25	5.17	4.19	2.03	1.53	1.26	0.93	2.48	2.44	2.73	2.83	1.28	2.06	3.19	2.32	4.14	1.33	1.41	1.53	0.85	0.68	1.39	1.28	0.96	0.7	1.21	1.31
shares used in computing earnings per share:
diluted															62,594	62,784	-290	64,350	64,793	64,711	-240	64,688	64,582	67,248	-13	67,704	67,977
cash dividends per share																0.875	0.688	0.688	0.688	0.688	0.625	0.625	0.625	0.625	0.55	0.55	0.55	0.55	0.5	0.5	0.5	0.5	0.45	0.45	0.45	0.45	0.425	0.425	0.4	0.4	0.4	0.4	0.4	0.4	0.35	0.35	0.35	0.33	0.3	0.3	0.25	0.15	0.15	0.12	0.12	0.12	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.08	0.08	0.08	0.08	0.06	0.06	0.05	0.1	0.1	0.1	0.09	0.09	0.07	0.07	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06
impairment of long-lived assets																					100,000	10,000,000	200,000	97,700,000			1,200,000		1,500,000	35,500,000			1,400,000	2,800,000			700,000	51,700,000				53,300,000
other expense																							2,000,000		125,000	2,300,000
cost of sales (exclusive of depreciation
and amortization shown below)																																	1,308,850,000	1,764,600,000	1,773,100,000												1,905,800,000
warehouse, delivery, selling, general and
administrative																																	355,525,000	470,000,000	475,900,000												441,000,000
interests																																	1,300,000	1,700,000	1,800,000
interest																																				-17,300,000	-19,000,000	-22,200,000	-21,700,000	-21,700,000																-14,600,000	-15,169,000	-15,276,000	-15,647,000	-15,083,000	-15,593,000	-15,916,000	-16,698,000	-19,316,000	-25,902,000	-23,899,000	-16,161,000	16,613,000	18,468,000	20,517,000	19,615,000		19,696,000	19,354,000	16,933,000	5,709,000	5,932,000	6,783,000	6,206,000	6,301,000				7,480,000					5,819,000	5,749,000	5,668,000	5,370,000
other income:
earnings per share attributable to reliance shareholders:
diluted															9.15	8.33	6.62	6.15	5.08	4.12	2	1.51	1.24	0.92	2.44	2.4	2.69	2.8	1.26	2.03	3.16	2.3	4.1	1.32	1.4	1.52	0.84	0.68	1.38	1.27	0.95	0.69	1.2	1.3
basic															9.29	8.46	6.74	6.25	5.17	4.19	2.03	1.53	1.26	0.93	2.48	2.44	2.73	2.83	1.28	2.06	3.19	2.32	4.14	1.33	1.41	1.53	0.85	0.68	1.39	1.28	0.96	0.7	1.21	1.31
earnings per share:
diluted earnings per common share attributable to reliance shareholders																																													1.21	1.22		1.22	1.05	1.09	1.3	1.44	1.54	1.13	1.31	1.23	0.53	0.65	0.83	0.6
basic earnings per common share attributable to reliance shareholders																																													1.23	1.24		1.23	1.06	1.1	1.3	1.45	1.55	1.13	1.32	1.24	0.53	0.65	0.83	0.6
diluted earnings per common share attributable to
reliance shareholders																																															1.11
basic earnings per common share attributable to
costs and expenses: - sum																																																									1,506,175,000	1,565,611,000	1,505,974,000	1,374,314,000	1,150,528,000	1,169,090,000	1,237,548,000	1,510,574,000	2,015,520,000	2,304,244,000	1,827,161,000	1,735,561,000	1,580,966,000	1,664,453,000	1,701,913,000	1,663,551,000	1,451,503,000	1,454,707,000	1,398,349,000	872,379,000	767,575,000	789,976,000	735,991,000	735,216,000	683,418,000	707,909,000	671,358,000	605,367,000					432,925,000	438,810,000	433,116,000	393,841,000
weighted-average shares outstanding - diluted																																																										74,400,359	74,517,743
weighted-average shares outstanding - basic																																																										74,292,161	74,220,164
weighted-average shares outstanding – diluted																																																												74,184,403							73,757,864	73,548,014			77,181,651	76,452,752	73,599,681	76,016,596	75,874,992				33,086,102	32,972,593	32,675,379	32,802,503		32,469,082	31,866,334	31,857,794	31,767,381	31,755,609
weighted-average shares outstanding – basic																																																												73,862,445							73,015,855	72,857,477			76,219,670	75,862,219	73,134,102	75,451,585	75,115,438				32,915,847	32,781,391	32,480,101	32,545,999		32,293,160	31,852,842	31,815,214	31,766,497	31,755,609
less: net income attributable to the noncontrolling interests																																																													205,250	320,000	231,000	270,000
net income per share																																																													0.19	0.57
weighted-average shares outstanding — diluted																																																									74,472,380				73,701,979	73,784,086	73,376,023	73,323,713	73,597,717	73,775,991			76,064,616	76,476,928						33,598,332	33,097,362	33,166,083					32,674,395						31,798,801	31,815,003	31,920,602	31,728,721
weighted-average shares outstanding — basic																																																									74,230,452				73,445,583	73,478,197	73,376,023	73,317,140	73,102,215	73,238,881			75,622,799	75,609,783						33,139,762	32,935,034	32,966,902					32,446,394						31,687,161	31,719,972	31,683,600	31,590,853
income from continuing operations before income taxes																																																															-9,436,000	30,569,000	97,604,000	244,625,000	251,247,000	172,222,000	129,522,000	149,702,000	196,456,000	178,713,000	119,737,000	173,393,000	161,164,000	116,838,000	99,584,000	79,738,000	79,110,000	74,780,000	52,264,750	72,891,000	87,010,000	49,158,000
income from continuing operations attributable to reliance — diluted																																																															-0.08	0.27
income from continuing operations attributable to reliance — basic																																																															-0.08	0.27
provision for income taxes																																																																10,181,000	31,316,000	92,127,000	94,651,000	64,827,000	49,612,000	56,137,000	73,672,000	67,017,000	45,095,000	65,888,000	60,659,000	44,983,000	38,996,000	30,301,000	30,061,000	28,417,000	17,957,000	28,751,000	34,213,000	19,319,000	5,077,000	8,011,000	4,140,000	3,618,000	1,045,000	6,534,000	7,062,000	4,912,000
income from continuing operations — diluted																																																																	0.91	2.07			1.08	1.22						2.14	1.83	1.49					1.62
income from continuing operations — basic																																																																	0.9	2.08			1.07	1.24						2.17	1.84	1.5					1.63
income from continuing operations – diluted																																																																			2.12	1.46			1.59	1.46	0.99	1.41	1.32				1.48	1.41	1.31	1.35		0.92
income from continuing operations – basic																																																																			2.14	1.47			1.61	1.47	0.98	1.42	1.34				1.49	1.41	1.32	1.36		0.92
income before minority interest and income taxes																																																																									119,816,000	173,488,000	161,249,000	116,885,000	102,065,000	81,493,000	81,050,000	77,356,000	54,489,250	76,244,000	90,808,000	50,905,000		20,264,000
minority interest																																																																									-79,000	-95,000	-85,000	-47,000	-2,481,000	-1,755,000	-1,940,000	-2,576,000	-284,000	-3,353,000	-3,798,000	-1,747,000	405,000	100,000	208,000	225,000	-252,000	85,000	43,000
gross profit																																																																																					93,746,250	136,210,000	119,372,000	119,403,000
yoy
qoq																																																																																					-31.18%	14.11%	-0.03%
gross margin %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	19.32%	27.76%	26.16%	26.49%	0%	0%	0%	0%
operating expenses:
depreciation																																																																																					5,479,500	7,499,000	7,221,000	7,198,000
income from operations																																																																																					14,459,750	28,513,000	15,005,000	14,321,000
amortization expense																																																																																					-372,250	-872,000	-311,000	-306,000
income before provision for income taxes																																																																																					10,023,250	20,364,000	10,532,000	9,197,000	11,684,500	16,499,000	17,836,000	12,403,000
earnings per share – diluted																																																																																					0.193	0.39	0.2	0.18
earnings per share – basic																																																																																					0.193	0.39	0.2	0.18
income before equity in earnings of 50%-owned company, minority interest and income taxes																																																																																					9,890,000		10,324,000	8,972,000	3,234,000	16,414,000	17,653,000
equity in earnings of 50%-owned company																																																																																											140,000	124,000
earnings per share — diluted																																																																																									0.06	0.31	0.34	0.24
earnings per share — basic																																																																																									0.06	0.31	0.34	0.24
income before equity in earnings of 50%-owned company and income taxes																																																																																												12,279,000

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2002-01-01

assets
current assets:
cash and cash equivalents	216,600,000	261,200,000	239,500,000	277,800,000	318,100,000	314,600,000	350,800,000	934,900,000	1,080,200,000	976,900,000	816,300,000	816,200,000	1,173,400,000	643,700,000	504,500,000	548,000,000	300,500,000	638,400,000	727,600,000	760,300,000	683,500,000	591,600,000	222,700,000	172,100,000	174,300,000	166,000,000	141,500,000	133,600,000	128,200,000	112,100,000	124,300,000	145,400,000	154,400,000	170,200,000	146,500,000	133,800,000	122,800,000	143,300,000	116,500,000	120,500,000	104,300,000	94,100,000	131,900,000	101,600,000	100,700,000	113,500,000	113,600,000	104,900,000	100,800,000	100,100,000	120,600,000	93,600,000	70,000,000	91,100,000	92,000,000	76,800,000	72,915,000	186,463,000	47,403,000	52,306,000	43,002,000	87,864,000	179,413,000	33,643,000	51,995,000	43,682,000	89,843,000	96,730,000	77,023,000	106,003,000	74,950,000	28,578,000	57,475,000	22,041,000	10,104,000	34,459,000	35,022,000	10,419,000	16,210,000	12,995,000	11,659,000	2,225,000	2,592,000	12,529,000	2,166,000	11,183,000	19,063,000	12,168,000	9,305,000	9,277,000	5,644,000	687,000
accounts receivables	1,539,900,000	1,674,100,000	1,668,200,000	1,671,800,000	1,342,000,000	1,566,700,000	1,650,900,000	1,686,000,000	1,472,400,000	1,666,300,000	1,729,900,000	1,800,300,000	1,565,700,000	1,856,900,000	2,053,300,000	2,078,700,000	1,683,000,000	1,693,500,000	1,492,600,000	1,272,300,000	926,300,000	943,900,000	922,500,000	1,216,100,000	1,067,800,000	1,250,900,000	1,350,300,000	1,422,000,000	1,242,300,000	1,425,800,000	1,379,200,000	1,323,700,000	1,087,300,000	1,166,000,000	1,177,500,000	1,147,700,000	960,200,000	1,042,900,000	1,036,000,000	1,009,000,000	916,600,000	1,074,300,000	1,117,100,000	1,214,100,000	1,253,200,000	1,169,200,000	1,160,100,000	1,073,500,000	1,143,500,000	940,400,000	978,500,000	1,013,500,000	1,044,200,000	1,019,500,000	958,100,000	913,500,000	697,033,000	761,955,000	736,404,000	691,983,000	533,871,000	588,293,000	561,355,000	690,249,000	851,214,000	1,254,181,000	946,081,000	829,203,000	691,462,000	807,798,000	837,936,000	835,204,000	666,273,000	746,007,000	683,566,000	437,319,000	369,931,000	394,326,000	362,030,000	371,869,000	329,991,000	358,574,000	344,494,000	321,154,000	221,793,000
inventories	2,187,800,000	2,307,900,000	2,254,800,000	2,114,300,000	2,026,800,000	2,205,800,000	2,288,700,000	2,166,900,000	2,043,200,000	2,110,200,000	2,202,300,000	1,981,400,000	1,995,300,000	2,175,800,000	2,352,100,000	2,010,300,000	2,065,000,000	1,877,800,000	1,644,800,000	1,477,000,000	1,420,400,000	1,423,000,000	1,492,600,000	1,630,000,000	1,645,700,000	1,669,500,000	1,787,100,000	1,936,900,000	1,817,100,000	2,083,700,000	2,062,100,000	1,902,900,000	1,726,000,000	1,772,500,000	1,751,300,000	1,680,200,000	1,532,600,000	1,600,100,000	1,623,800,000	1,525,700,000	1,436,000,000	1,587,300,000	1,672,800,000	1,803,300,000	1,944,400,000	1,769,900,000	1,656,200,000	1,582,900,000	1,587,100,000	1,317,600,000	1,382,500,000	1,424,000,000	1,399,400,000	1,276,600,000	1,160,400,000	1,089,600,000	860,215,000	921,225,000	896,660,000	845,275,000	719,915,000	792,119,000	817,154,000	1,088,277,000	1,284,468,000	1,759,519,000	1,106,532,000	948,280,000	911,315,000	1,007,349,000	1,100,470,000	1,063,840,000	904,318,000	987,505,000	861,125,000	444,406,000	387,385,000	367,112,000	369,665,000	383,149,000	349,779,000	376,709,000	342,114,000	313,048,000	288,080,000	292,514,000	291,679,000	305,449,000	307,385,000	320,730,000	301,266,000	292,360,000
prepaid expenses and other current assets	165,600,000	112,500,000	126,700,000	135,600,000	148,200,000	123,500,000	132,300,000	135,600,000	140,400,000	104,700,000	109,800,000	114,200,000	115,600,000	87,300,000	106,200,000	107,000,000	111,600,000	74,300,000	79,600,000	75,100,000	80,500,000	66,600,000	88,900,000	68,200,000	85,200,000	69,600,000	73,400,000	68,300,000	81,500,000	71,000,000	82,600,000	65,600,000	80,700,000	60,400,000	69,100,000	63,900,000	72,900,000	57,500,000	60,600,000	55,400,000	60,800,000	49,300,000	56,000,000	49,600,000	57,200,000	63,900,000	56,300,000	50,000,000	47,700,000	34,600,000	31,600,000	39,700,000	38,900,000	42,500,000	46,100,000	36,400,000	42,442,000	38,181,000	34,836,000	35,057,000	37,855,000	27,367,000	27,995,000	27,967,000	33,782,000	28,293,000	23,915,000	22,202,000	24,028,000	20,820,000	22,157,000	24,980,000	22,179,000	19,554,000	22,015,000	17,650,000	19,009,000	17,631,000	15,183,000	16,439,000	17,216,000	15,661,000	16,837,000	14,992,000	14,593,000	12,929,000	11,124,000	11,709,000	10,874,000	9,730,000	8,168,000	8,366,000
income taxes receivable	31,200,000		3,900,000	11,500,000	60,400,000	1,900,000	9,800,000		35,600,000	1,000,000			36,600,000	47,500,000	7,800,000						2,100,000	6,900,000			37,200,000	9,000,000	13,600,000		15,900,000				2,900,000					5,100,000	16,900,000	29,300,000	36,500,000	38,600,000	14,700,000					22,000,000	17,600,000	3,200,000	33,300,000	2,100,000					28,292,000	13,333,000	7,030,000	36,309,000	54,020,000		21,078,000	20,311,000	9,980,000				17,575,000	14,696,000			25,144,000
total current assets	4,141,100,000	4,355,700,000	4,293,100,000	4,211,000,000	3,895,500,000	4,212,500,000	4,432,500,000	4,923,400,000	4,771,800,000	4,859,100,000	4,858,300,000	4,712,100,000	4,886,600,000	4,811,200,000	5,023,900,000	4,744,000,000	4,160,100,000	4,284,000,000	3,944,600,000	3,584,700,000	3,112,800,000	3,032,000,000	2,726,700,000	3,086,400,000	3,010,200,000	3,165,000,000	3,365,900,000	3,560,800,000	3,285,000,000	3,692,600,000	3,648,200,000	3,437,600,000	3,051,300,000	3,169,100,000	3,144,400,000	3,025,600,000	2,688,500,000	2,848,900,000	2,853,800,000	2,739,900,000	2,554,200,000	2,890,000,000	3,038,900,000	3,215,000,000	3,394,400,000	3,155,400,000	3,025,100,000	2,869,100,000	2,932,500,000	2,426,400,000	2,580,200,000	2,608,200,000	2,585,900,000	2,429,700,000	2,256,600,000	2,116,300,000	1,700,897,000	1,921,157,000	1,722,333,000	1,660,930,000	1,390,904,000	1,576,183,000	1,677,837,000	1,931,283,000	2,302,372,000	3,085,675,000	2,166,371,000	1,896,415,000	1,721,403,000	1,956,666,000	2,035,513,000	1,952,602,000	1,675,389,000	1,810,731,000	1,612,466,000	969,816,000	847,348,000	814,061,000	787,680,000	809,036,000	733,229,000	771,116,000	723,984,000	679,659,000	544,586,000
property, plant and equipment	2,633,300,000	2,623,900,000	2,605,600,000	2,573,400,000	2,544,900,000	2,503,000,000	2,437,600,000	2,309,300,000	2,248,400,000	2,189,000,000	2,116,100,000	2,024,800,000	1,974,600,000	1,929,800,000	1,888,300,000	1,851,700,000	1,836,800,000	1,802,600,000	1,797,100,000	1,769,700,000	1,792,200,000	1,799,400,000	1,809,300,000	1,791,700,000	1,795,200,000	1,775,800,000	1,763,300,000	1,738,700,000	1,729,900,000	1,681,400,000	1,666,400,000	1,654,300,000	1,656,300,000	1,651,100,000	1,648,800,000	1,651,400,000	1,662,200,000
operating lease right-of-use assets	315,200,000	303,700,000	303,800,000	286,300,000	275,200,000	271,000,000	241,700,000	230,700,000	231,600,000	227,700,000	222,900,000	217,300,000	216,400,000	217,600,000	221,500,000	216,400,000	224,600,000	199,800,000	209,700,000	201,900,000	204,000,000	195,000,000	200,500,000	201,500,000	201,500,000	198,900,000	188,000,000	185,000,000
goodwill	2,169,900,000	2,168,600,000	2,170,400,000	2,165,600,000	2,161,800,000	2,170,900,000	2,167,000,000	2,125,300,000	2,111,100,000	2,108,700,000	2,109,800,000	2,106,100,000	2,105,900,000	2,103,900,000	2,109,400,000	2,113,000,000	2,107,600,000	1,935,300,000	1,936,300,000	1,935,700,000	1,935,200,000	1,924,800,000	1,923,700,000	1,998,800,000	2,003,800,000	1,872,800,000	1,873,800,000	1,871,700,000	1,870,800,000	1,853,300,000	1,848,700,000	1,850,400,000	1,842,600,000	1,834,000,000	1,831,200,000	1,829,200,000	1,827,400,000	1,828,900,000	1,830,900,000	1,824,600,000	1,724,800,000	1,727,000,000	1,732,400,000	1,730,300,000	1,707,500,000	1,676,300,000	1,690,300,000	1,710,000,000	1,658,800,000	1,312,400,000	1,281,200,000	1,277,600,000	1,249,600,000	1,231,600,000	1,110,800,000	1,111,300,000	1,109,600,000	1,082,256,000	1,081,319,000	1,082,469,000	1,081,324,000	1,079,127,000	1,075,476,000	1,066,582,000	1,065,527,000	1,136,118,000	890,727,000	882,958,000	886,152,000	937,446,000	918,076,000	932,281,000	784,871,000	759,665,000	723,450,000	392,276,000	384,730,000	404,464,000	341,780,000	341,780,000	341,780,000	341,780,000	341,780,000		325,305,000	333,026,000	284,304,000	284,276,000
intangible assets	960,100,000	977,600,000	988,700,000	997,000,000	1,007,200,000	1,031,500,000	1,036,200,000	986,100,000	981,100,000	990,100,000	1,002,800,000	1,008,000,000	1,019,600,000	1,030,400,000	1,045,800,000	1,059,900,000	1,077,700,000	919,500,000	928,900,000	938,000,000	947,100,000	955,800,000	974,300,000	928,000,000	1,031,100,000	1,040,700,000	1,052,200,000	1,062,400,000	1,072,000,000	1,064,500,000	1,101,500,000	1,115,500,000	1,112,100,000	1,116,800,000	1,126,700,000	1,138,500,000	1,151,300,000	1,166,200,000	1,205,300,000	1,205,000,000	1,125,400,000	1,140,700,000	1,195,900,000	1,220,200,000	1,222,300,000	1,186,200,000	1,196,700,000	1,241,300,000	1,313,900,000	922,300,000	909,900,000	915,600,000	890,900,000	909,800,000	741,300,000	749,400,000	755,768,000	707,664,000	711,864,000	720,582,000	726,255,000	731,694,000	730,280,000	733,648,000	741,681,000	781,720,000	464,312,000	461,693,000	464,291,000	402,000,000	382,836,000	371,061,000	354,195,000	351,659,000	325,237,000
cash surrender value of life insurance policies	48,000,000	30,100,000	35,200,000	40,500,000	46,000,000	29,800,000	34,400,000	39,500,000	43,800,000	28,000,000	33,200,000	37,600,000	42,000,000	26,900,000	32,500,000	39,100,000	44,900,000	30,800,000	35,700,000	39,500,000	43,700,000	29,600,000	33,200,000	35,200,000	42,700,000	30,200,000	34,400,000	40,200,000	43,600,000	34,600,000	41,000,000	44,300,000	47,800,000	36,800,000	41,000,000	44,000,000	46,900,000	36,800,000	39,200,000	42,200,000	45,800,000	36,400,000	40,400,000	43,900,000	37,800,000	40,500,000	42,900,000	36,700,000	38,600,000	40,700,000	37,900,000	37,600,000	40,300,000	34,600,000	38,000,000	40,300,000	42,011,000	88,013,000	87,507,000	90,522,000	92,860,000	56,053,000	55,466,000	56,024,000	57,410,000	67,820,000	67,396,000	73,617,000	73,953,000	43,861,000	44,319,000	44,162,000	41,190,000	38,223,000	55,836,000
other long-term assets	105,700,000	90,100,000	93,200,000	91,200,000	91,200,000	82,100,000	98,700,000	97,900,000	92,500,000
total assets	10,373,300,000	10,549,700,000	10,490,000,000	10,365,000,000	10,021,800,000	10,300,800,000	10,448,100,000	10,712,200,000	10,480,300,000	10,492,900,000	10,440,400,000	10,203,200,000	10,329,900,000	10,202,200,000	10,402,700,000	10,114,200,000	9,536,000,000	9,252,400,000	8,930,000,000	8,549,000,000	8,106,800,000	7,998,700,000	7,724,100,000	8,085,500,000	8,131,100,000	8,130,900,000	8,327,100,000	8,504,200,000	8,044,900,000	8,372,600,000	8,352,600,000	8,147,900,000	7,751,000,000	7,846,900,000	7,831,200,000	7,724,400,000	7,411,300,000	7,584,900,000	7,644,600,000	7,519,500,000	7,121,600,000	7,455,600,000	7,691,200,000	7,887,600,000	8,034,700,000	7,714,700,000	7,596,700,000	7,492,300,000	7,575,600,000	5,981,100,000	6,030,400,000	6,035,300,000	5,931,800,000	5,728,000,000	5,218,500,000	5,088,500,000	4,668,893,000	4,817,523,000	4,618,520,000	4,571,701,000	4,306,777,000	4,464,342,000	4,564,459,000	4,807,504,000	5,195,485,000	6,085,144,000	4,473,253,000	4,165,271,000	3,983,477,000	4,151,071,000	4,176,580,000	4,075,325,000	3,614,173,000	3,732,685,000	3,460,694,000	1,926,875,000	1,769,070,000	1,728,216,000	1,617,072,000	1,638,033,000	1,563,331,000	1,604,600,000	1,557,844,000	1,501,445,000	1,369,424,000
liabilities and equity
current liabilities:
accounts payable	375,200,000	507,800,000	516,600,000	520,800,000	361,900,000	440,900,000	458,400,000	449,700,000	410,300,000	445,400,000	499,800,000	545,000,000	412,400,000	481,600,000	663,800,000	636,200,000	453,900,000	519,400,000	473,600,000	361,000,000	259,300,000	260,000,000	247,100,000	347,000,000	275,000,000	385,900,000	396,100,000	485,300,000	338,800,000	461,200,000	517,800,000	483,900,000	346,700,000	407,200,000	421,200,000	402,400,000	302,200,000	312,200,000	360,800,000	350,400,000	247,000,000	326,500,000	371,000,000	417,400,000	475,200,000	457,800,000	457,300,000	406,600,000	419,300,000	389,500,000	381,900,000	375,200,000	433,700,000	412,700,000	398,800,000	405,100,000	244,988,000	326,359,000	291,704,000	299,294,000	169,113,000	221,774,000	203,621,000	248,366,000	248,312,000	546,904,000	486,630,000	464,341,000	333,986,000	402,796,000	455,950,000	445,002,000	340,356,000	377,736,000	377,250,000	238,356,000	188,584,000	159,575,000	157,446,000	204,181,000	140,323,000	161,407,000	158,246,000	163,055,000	98,438,000	132,328,000	113,392,000	105,524,000	77,511,000	97,568,000	88,804,000	75,199,000
accrued expenses	150,000,000	147,500,000	133,700,000	136,700,000	144,400,000	132,800,000	146,600,000	118,300,000	118,500,000	130,300,000	134,600,000	113,700,000	118,800,000	160,400,000	175,800,000	132,100,000	148,200,000	117,000,000	116,600,000	122,600,000	88,900,000	103,200,000	76,800,000	85,800,000	67,400,000	94,400,000	79,300,000	84,600,000	77,400,000	89,000,000	83,000,000	91,500,000	83,600,000	103,500,000	88,800,000	94,700,000	83,700,000	101,800,000	79,900,000	94,700,000	83,000,000	99,900,000	82,700,000	93,800,000	138,100,000	108,100,000	107,800,000	110,400,000	97,400,000	88,900,000	84,100,000	56,700,000	62,600,000	66,900,000	55,200,000	56,800,000	45,774,000	65,782,000	50,317,000	54,632,000	51,730,000	59,842,000	54,597,000	59,132,000	59,982,000	244,073,000	125,982,000	47,866,000	37,863,000	59,589,000	51,542,000	58,662,000	36,481,000	51,827,000	56,016,000	27,973,000	19,234,000	22,784,000	19,066,000	18,790,000	17,561,000	63,567,000	56,620,000	55,992,000	53,265,000	54,888,000	41,955,000	44,512,000	40,894,000	45,683,000	41,523,000	35,887,000
accrued compensation and retirement benefits	198,100,000	201,200,000	179,500,000	155,900,000	195,200,000	194,100,000	173,800,000	139,800,000	213,900,000	203,300,000	181,800,000	143,700,000	240,000,000
accrued insurance costs	56,400,000	53,100,000	54,100,000	53,700,000	50,400,000	45,100,000	47,000,000	46,100,000	44,400,000	43,700,000	45,500,000	45,200,000	43,400,000	39,500,000	39,500,000	44,200,000	41,000,000	40,800,000	42,800,000	45,500,000	42,000,000	45,200,000	45,200,000	46,500,000	43,400,000	45,300,000	46,300,000	43,800,000	42,900,000	41,400,000	43,900,000	48,300,000	42,100,000	42,600,000	43,200,000	43,500,000	40,600,000	43,500,000	44,000,000	41,500,000	40,200,000	43,100,000	43,700,000	45,100,000	45,500,000	45,700,000	48,000,000	44,600,000	46,900,000	39,200,000	41,200,000	41,000,000	44,100,000	36,300,000	36,700,000	38,900,000	36,972,000	37,955,000	38,514,000	39,552,000	39,134,000	40,006,000	41,221,000	40,684,000	40,700,000	42,009,000	36,625,000	36,640,000	36,884,000	36,123,000	36,812,000	36,673,000	34,475,000	35,413,000	33,770,000	23,205,000	23,372,000	24,691,000	24,502,000	22,731,000	20,297,000
current maturities of long-term debt	700,000	300,000	400,200,000	399,900,000	399,700,000	399,500,000	300,000	300,000																																																				86,934,000	86,383,000	7,825,000	81,411,000	82,053,000	93,877,000	119,001,000	45,522,000	51,476,000	71,815,000	33,684,000	33,840,000	32,257,000	22,257,000	96,358,000	46,556,000	44,525,000	49,525,000	48,525,000	48,525,000	48,400,000	46,400,000	23,400,000	23,400,000	23,400,000	22,400,000	22,400,000	22,325,000	22,325,000	325,000	325,000	325,000	325,000
current maturities of operating lease liabilities	67,700,000	64,500,000	64,000,000	62,900,000	61,400,000	60,100,000	57,400,000	56,300,000	56,200,000	55,700,000	54,600,000	53,200,000	52,500,000	53,300,000	53,900,000	54,900,000	58,600,000	48,900,000	50,100,000	51,100,000	51,000,000	50,200,000	51,700,000	52,400,000	52,500,000	51,400,000	50,400,000	50,900,000
total current liabilities	848,100,000	984,000,000	1,348,100,000	1,329,900,000	1,213,000,000	1,272,500,000	883,500,000	857,400,000	843,600,000	878,700,000	937,800,000	975,400,000	1,375,300,000	1,479,200,000	1,665,600,000	1,198,300,000	1,065,000,000	1,007,100,000	904,900,000	823,700,000	613,000,000	601,900,000	642,000,000	735,600,000	675,300,000	788,500,000	760,800,000	877,400,000	699,100,000	840,000,000	899,400,000	874,100,000	703,700,000	781,200,000	747,800,000	766,000,000	656,000,000	1,003,700,000	1,078,000,000	1,071,400,000	989,700,000	698,100,000	711,300,000	784,800,000	878,200,000	762,500,000	746,200,000	713,700,000	776,800,000	671,200,000	699,900,000	575,400,000	675,700,000	644,500,000	702,600,000	695,600,000	508,595,000	658,934,000	538,517,000	544,654,000	417,569,000	448,276,000	484,854,000	546,098,000	650,165,000	1,113,116,000	830,497,000	727,957,000	599,864,000	639,118,000	680,661,000	697,220,000	550,739,000	665,186,000	602,465,000	411,793,000	333,819,000	303,607,000	286,599,000	324,999,000	288,780,000	292,267,000	276,215,000	273,486,000	202,824,000
long-term debt	1,420,200,000	1,381,500,000	1,025,500,000	1,073,100,000	742,800,000	867,800,000	1,143,300,000	1,142,600,000	1,141,900,000	1,141,600,000	1,140,900,000	1,140,200,000	1,139,400,000	1,138,800,000	1,138,000,000	1,642,800,000	1,642,000,000	1,641,400,000	1,640,600,000	1,639,700,000	1,638,900,000	1,638,300,000	1,426,900,000	1,772,300,000	1,523,600,000	1,578,200,000	1,944,900,000	2,122,200,000	2,138,500,000	1,981,100,000	1,932,700,000	1,947,100,000	1,809,400,000	1,896,000,000	1,990,100,000	1,951,900,000	1,846,700,000	1,679,700,000	1,684,700,000	1,640,300,000	1,427,900,000	1,986,100,000	2,094,300,000	2,268,500,000	2,230,300,000	2,093,200,000	2,091,000,000	2,112,900,000	2,219,900,000	1,063,800,000	1,278,800,000	1,519,000,000	1,419,000,000	1,463,900,000	1,012,800,000	990,500,000	855,085,000	944,231,000	923,446,000	928,410,000	849,375,000	1,062,339,000	1,181,303,000	1,374,018,000	1,671,732,000	2,153,222,000	1,105,386,000	1,075,351,000	1,008,765,000	1,239,551,000	1,241,716,000	1,266,806,000	1,083,095,000	1,153,001,000	1,036,088,000	325,950,000	301,275,000	365,275,000	325,475,000	351,600,000	380,850,000	478,850,000	492,000,000	497,000,000	469,250,000	483,655,000	283,175,000	308,940,000	344,080,000	358,390,000	345,015,000	328,800,000
operating lease liabilities	250,900,000	242,300,000	242,600,000	224,100,000	214,200,000	210,800,000	187,600,000	177,800,000	178,900,000	174,700,000	170,000,000	165,500,000	165,200,000	165,200,000	166,800,000	159,200,000	162,500,000	151,900,000	160,600,000	152,000,000	154,100,000	145,900,000	149,600,000	149,700,000	149,500,000	148,500,000	138,900,000	135,500,000
long-term retirement benefits	24,900,000	28,400,000	29,800,000	28,200,000	26,900,000	29,100,000	27,700,000	27,800,000	25,100,000	30,400,000	30,600,000	29,600,000	26,100,000
other long-term liabilities	74,100,000	60,700,000	62,200,000	58,900,000	56,800,000	57,600,000	71,300,000	70,800,000	64,000,000	56,800,000	59,300,000	61,900,000	51,400,000	8,900,000	6,900,000	6,800,000	7,000,000	22,300,000	23,300,000	26,500,000	26,700,000	32,300,000	21,900,000	12,600,000	12,300,000	14,000,000	15,300,000	14,400,000	15,900,000	14,300,000	14,200,000	14,300,000	11,800,000	13,000,000	13,400,000	11,300,000	13,000,000	14,800,000	15,300,000	30,200,000	30,400,000	29,100,000	28,000,000	28,300,000	30,100,000	30,700,000	36,100,000	34,800,000	34,100,000	27,300,000	27,300,000	27,400,000	29,000,000	29,200,000	27,200,000	27,400,000	27,787,000	28,307,000	28,592,000
deferred income taxes	575,600,000	537,000,000	537,700,000	537,200,000	537,500,000	501,800,000	501,700,000	493,100,000	494,000,000	475,500,000	476,300,000	476,200,000	476,600,000	480,500,000	482,100,000	483,200,000	484,800,000	456,000,000	456,200,000	456,200,000	455,600,000	445,700,000	436,300,000	434,800,000	469,300,000	439,000,000	439,300,000	439,300,000	440,100,000	430,400,000	437,500,000	441,800,000	440,800,000	624,600,000	626,800,000	628,600,000	626,900,000	627,600,000	629,000,000	630,000,000		46,400,000	46,400,000	46,400,000	38,900,000	38,900,000	38,900,000	35,800,000	35,800,000	30,500,000	33,700,000	35,300,000	33,400,000	9,600,000	9,600,000	9,600,000		333,029,000	334,062,000	335,466,000	2,241,000	80,540,000	70,842,000	70,836,000	70,933,000	22,915,000	23,143,000	23,141,000	23,136,000	23,721,000	19,693,000	23,707,000		35,624,000	35,656,000	35,982,000	36,001,000	24,573,000	24,592,000	24,584,000	24,584,000	17,947,000	17,947,000	17,936,000	17,954,000	14,954,000	14,789,000	14,789,000	14,789,000	18,648,000	18,648,000	18,463,000
total liabilities	3,193,800,000	3,233,900,000	3,245,900,000	3,251,400,000	2,791,200,000	2,939,600,000	2,815,100,000	2,769,500,000	2,747,500,000
commitments and contingencies
equity:
preferred stock, 0.001 par value: 5,000 shares authorized; none issued or outstanding
common shares, ...
issued and outstanding shares—51,735 and 53,715	100,000
retained earnings	7,257,600,000	7,400,200,000	7,320,200,000	7,214,500,000	7,334,700,000	7,433,500,000	7,724,400,000	8,025,600,000	7,798,900,000	7,823,600,000	7,702,100,000	7,432,100,000	7,173,600,000	6,960,500,000	6,942,500,000	6,599,500,000	6,155,300,000	5,943,500,000	5,700,600,000	5,415,300,000	5,193,200,000	5,125,500,000	5,068,900,000	5,028,600,000	5,189,500,000	5,061,900,000	4,936,000,000	4,789,800,000	4,637,900,000	4,583,000,000	4,470,600,000	4,275,900,000	4,144,100,000	3,876,600,000	3,812,200,000	3,742,000,000	3,663,200,000	3,633,200,000	3,614,500,000	3,542,600,000	3,480,000,000	3,479,900,000	3,457,600,000	3,397,800,000	3,261,300,000	3,193,100,000	3,123,400,000	3,026,400,000	2,955,600,000	2,897,700,000	2,776,500,000	2,697,500,000	2,599,800,000	2,437,300,000	2,360,700,000	2,271,500,000	2,188,725,000	2,156,322,000	2,114,688,000	2,059,953,000	2,020,343,000	1,934,732,000	1,900,534,000	1,913,146,000	1,900,360,000	1,841,090,000	1,695,722,000	1,542,216,000	1,439,598,000	1,362,230,000	1,274,574,000	1,154,352,000	1,046,339,000	974,557,000	871,393,000	775,164,000	704,530,000	645,905,000	599,145,000	552,936,000	508,147,000	467,108,000	424,902,000	373,484,000	344,962,000	335,955,000	325,348,000	320,862,000	317,189,000	317,157,000	309,051,000	299,777,000
accumulated other comprehensive loss	-87,600,000	-95,000,000	-86,200,000	-112,800,000	-115,200,000	-83,100,000	-101,500,000	-93,300,000	-76,700,000	-99,400,000	-86,600,000	-86,500,000	-86,300,000	-113,900,000	-88,300,000	-68,300,000	-68,900,000	-82,900,000	-74,600,000	-79,100,000	-77,900,000	-96,800,000	-124,100,000	-136,500,000	-105,100,000	-103,400,000	-94,700,000	-95,900,000	-102,700,000	-83,100,000	-85,700,000	-74,500,000	-71,600,000	-77,900,000	-88,400,000	-94,800,000	-104,700,000	-92,000,000	-88,800,000	-84,000,000	-99,700,000																		-2,565,000		-1,523,000	-11,827,000	-22,648,000	-37,157,000																		-807,000	-832,000	-838,000	-930,000	-731,000	-906,000	-1,462,000	-1,838,000	-949,000	-487,000	-1,043,000
total reliance stockholders’ equity	7,170,100,000	7,305,300,000	7,234,100,000	7,101,800,000	7,219,600,000	7,350,500,000	7,623,000,000	7,932,400,000	7,722,300,000	7,724,300,000	7,615,600,000	7,345,700,000	7,087,400,000	6,846,700,000	6,854,300,000	6,531,300,000	6,086,500,000	5,860,700,000	5,631,700,000	5,342,800,000	5,115,400,000	5,039,800,000	4,953,900,000	4,892,200,000	5,206,600,000	5,073,400,000	4,941,000,000	4,829,800,000	4,671,600,000	4,995,500,000	4,946,200,000	4,750,500,000	4,667,100,000	4,414,900,000	4,331,100,000	4,245,100,000	4,148,800,000	4,123,400,000	4,100,800,000	4,012,000,000	3,914,100,000	3,919,800,000	4,032,300,000
noncontrolling interests	9,400,000	10,500,000	10,000,000	11,800,000	11,000,000	10,700,000	10,000,000	10,300,000	10,500,000	10,900,000	9,900,000	8,700,000	8,500,000	8,800,000	8,800,000	7,400,000	7,200,000	7,200,000	7,300,000	6,200,000	7,300,000	7,500,000	7,600,000	7,100,000	7,500,000	8,300,000	8,500,000	9,400,000	7,900,000	34,800,000	34,600,000	33,100,000	32,800,000	31,000,000	31,200,000	30,900,000	30,300,000	29,800,000	28,600,000	28,400,000	28,600,000	30,700,000	30,000,000	29,900,000	10,300,000	9,900,000	10,500,000	9,800,000	9,300,000	9,100,000	10,400,000	9,800,000	9,100,000	8,000,000	8,200,000	6,900,000	6,382,000	5,862,000	4,113,000	2,027,000	1,690,000	2,227,000	2,642,000	2,264,000
total equity	7,179,500,000	7,315,800,000	7,244,100,000	7,113,600,000	7,230,600,000	7,361,200,000	7,633,000,000	7,942,700,000	7,732,800,000	7,735,200,000	7,625,500,000	7,354,400,000	7,095,900,000	6,855,500,000	6,863,100,000	6,538,700,000	6,093,700,000	5,867,900,000	5,639,000,000	5,349,000,000	5,122,700,000	5,047,300,000	4,961,500,000	4,899,300,000	5,214,100,000	5,081,700,000	4,949,500,000	4,839,200,000	4,679,500,000	5,030,300,000	4,980,800,000	4,783,600,000	4,699,900,000	4,445,900,000	4,362,300,000	4,276,000,000	4,179,100,000	4,153,200,000	4,129,400,000	4,040,400,000	3,942,700,000	3,950,500,000	4,062,300,000	4,010,600,000	4,119,600,000	4,054,200,000	3,950,000,000	3,831,000,000	3,722,800,000	3,655,900,000	3,485,500,000	3,375,200,000	3,274,500,000	3,092,700,000	3,030,600,000	2,928,800,000	2,830,114,000	2,781,450,000	2,724,887,000	2,665,748,000	2,608,122,000	2,502,239,000	2,453,043,000	2,445,262,000
total liabilities and equity	10,373,300,000	10,549,700,000	10,490,000,000	10,365,000,000	10,021,800,000	10,300,800,000	10,448,100,000	10,712,200,000	10,480,300,000	10,492,900,000	10,440,400,000	10,203,200,000	10,329,900,000	10,202,200,000	10,402,700,000	10,114,200,000	9,536,000,000	9,252,400,000	8,930,000,000	8,549,000,000	8,106,800,000	7,998,700,000	7,724,100,000	8,085,500,000	8,131,100,000	8,130,900,000	8,327,100,000	8,504,200,000	8,044,900,000	8,372,600,000	8,352,600,000	8,147,900,000	7,751,000,000	7,846,900,000	7,831,200,000	7,724,400,000	7,411,300,000	7,584,900,000	7,644,600,000	7,519,500,000	7,121,600,000	7,455,600,000	7,691,200,000	7,887,600,000	8,034,700,000	7,714,700,000	7,596,700,000	7,492,300,000	7,575,600,000	5,981,100,000	6,030,400,000	6,035,300,000	5,931,800,000	5,728,000,000	5,218,500,000	5,088,500,000	4,668,893,000	4,817,523,000	4,618,520,000	4,571,701,000	4,306,777,000	4,464,342,000	4,564,459,000	4,807,504,000
income taxes payable		9,600,000						46,900,000			21,200,000	66,400,000				141,300,000	64,300,000	36,500,000	17,900,000	81,500,000			21,200,000	11,200,000				41,200,000		2,600,000	8,500,000	40,800,000		19,700,000	2,700,000	57,600,000	6,200,000							33,200,000	3,000,000	6,700,000	8,400,000						49,600,000	4,700,000	18,300,000	18,800,000						7,930,000				12,533,000	26,064,000	34,045,000			1,918,000	36,741,000		17,055,000	17,059,000	42,969,000
issued and outstanding shares—52,383 and 53,715		100,000
issued and outstanding shares—52,593 and 53,715			100,000
issued and outstanding shares—52,889 and 53,715				100,000
issued and outstanding shares—53,715 at december 31, 2024 and 57,271 at december 31, 2023					100,000
property, plant and equipment:
land						294,300,000	292,800,000	282,600,000	281,700,000	281,600,000	270,000,000	263,300,000	262,700,000	260,800,000	260,700,000	259,100,000	260,100,000	256,200,000	256,400,000	255,500,000	260,100,000	258,200,000	256,700,000	239,500,000	239,800,000	236,500,000	237,300,000	234,400,000	233,900,000	231,100,000	230,500,000	229,500,000	229,700,000	232,800,000	230,200,000	230,000,000	228,200,000	226,800,000	206,400,000	202,700,000	196,200,000	196,600,000	197,200,000	197,500,000	192,900,000	192,500,000	191,700,000	186,100,000	170,800,000	155,400,000	148,300,000	149,500,000	147,500,000	142,700,000	138,800,000	139,400,000	137,140,000	136,099,000	133,103,000	131,172,000	131,009,000	131,115,000	128,515,000	126,901,000	125,096,000	122,182,000	118,816,000	116,253,000	115,294,000	117,879,000	110,435,000	108,994,000	108,022,000	107,148,000	106,237,000	64,539,000	60,207,000	59,176,000	58,887,000	57,907,000	57,982,000	57,148,000	56,803,000	57,077,000	57,077,000	57,088,000	52,016,000	52,479,000	52,469,000	51,815,000	49,730,000	48,944,000
buildings						1,648,100,000	1,627,100,000	1,534,500,000	1,510,900,000	1,469,300,000	1,434,900,000	1,381,000,000	1,359,300,000	1,338,100,000	1,298,600,000	1,281,800,000	1,285,000,000	1,266,200,000	1,253,100,000	1,233,000,000	1,240,000,000	1,231,900,000	1,215,800,000	1,211,500,000	1,195,100,000	1,183,700,000	1,180,700,000	1,166,800,000	1,158,900,000	1,136,300,000	1,122,600,000	1,106,600,000	1,095,300,000	1,087,100,000	1,076,200,000	1,067,900,000	1,059,200,000	1,045,700,000	1,037,400,000	1,029,900,000	1,006,300,000	986,900,000	990,500,000	986,700,000	967,800,000	951,700,000	945,300,000	911,400,000	925,500,000	734,600,000	677,500,000	672,700,000	660,900,000	634,300,000	612,800,000	613,500,000	594,329,000	574,708,000	567,976,000	555,926,000	543,590,000	530,967,000	521,380,000	511,416,000	506,781,000	464,636,000	450,089,000	426,997,000	417,677,000	415,263,000	407,469,000	396,412,000	385,851,000	386,075,000	371,561,000	291,868,000	281,986,000	273,346,000	262,917,000	260,994,000	261,228,000	260,383,000	256,286,000	257,202,000	256,708,000	253,657,000	180,769,000	181,491,000	180,995,000	182,841,000	176,489,000	169,642,000
machinery and equipment						2,902,100,000	2,813,600,000	2,743,600,000	2,700,400,000	2,645,900,000	2,578,900,000	2,507,900,000	2,446,900,000	2,385,000,000	2,346,000,000	2,292,100,000	2,241,400,000	2,208,600,000	2,184,800,000	2,137,800,000	2,107,800,000	2,086,900,000	2,075,200,000	2,062,500,000	2,044,400,000	2,005,700,000	1,958,400,000	1,916,300,000	1,880,100,000	1,830,700,000	1,797,400,000	1,765,400,000	1,738,600,000	1,712,200,000	1,689,400,000	1,663,700,000	1,647,300,000	1,643,400,000	1,649,500,000	1,617,100,000	1,569,800,000	1,553,800,000	1,539,400,000	1,502,000,000	1,441,300,000	1,406,300,000	1,363,800,000	1,330,200,000	1,305,000,000	1,136,000,000	1,097,000,000	1,056,300,000	1,013,900,000	969,300,000	926,400,000	909,300,000	898,077,000	860,136,000	859,332,000	838,906,000	829,154,000	829,785,000	830,931,000	815,443,000	810,054,000	830,483,000	712,497,000	689,127,000	669,671,000	631,364,000	612,201,000	586,100,000	565,951,000	547,087,000	520,817,000	423,327,000	403,403,000	395,827,000	383,521,000	378,121,000	370,229,000	365,508,000	359,608,000	354,042,000	349,933,000	346,273,000	242,447,000	239,759,000	237,912,000	243,970,000	239,603,000	209,657,000
accumulated depreciation						-2,341,500,000	-2,295,900,000	-2,251,400,000	-2,244,600,000	-2,207,800,000	-2,167,700,000	-2,127,400,000	-2,094,300,000	-2,054,100,000	-2,017,000,000	-1,981,300,000	-1,949,700,000	-1,928,400,000	-1,897,200,000	-1,856,600,000	-1,815,700,000	-1,777,600,000	-1,738,400,000	-1,721,800,000	-1,684,100,000	-1,650,100,000	-1,613,100,000	-1,578,800,000	-1,543,000,000	-1,516,700,000	-1,484,100,000	-1,447,200,000	-1,407,300,000	-1,381,000,000	-1,347,000,000	-1,310,200,000	-1,272,500,000	-1,250,500,000	-1,216,100,000	-1,177,800,000	-1,136,800,000															-626,100,000	-604,241,000	-585,583,000	-577,523,000	-543,499,000	-522,494,000	-504,183,000	-486,145,000	-463,867,000	-443,225,000	-425,602,000	-409,833,000	-393,747,000	-378,007,000	-368,533,000	-348,307,000	-333,188,000	-317,152,000	-304,130,000	-288,718,000	-275,096,000	-265,877,000	-257,425,000	-247,383,000	-238,753,000	-230,626,000	-221,211,000	-212,177,000	-204,150,000	-196,847,000	-187,345,000	-177,531,000	-171,507,000	-165,187,000	-176,260,000	-168,469,000	-140,463,000
issued and outstanding shares—54,119 at september 30, 2024 and 57,271 at december 31, 2023						100,000
issued and outstanding shares—55,627 at june 30, 2024 and 57,271 at december 31, 2023							100,000
issued and outstanding shares—57,426 at march 31, 2024 and 57,271 at december 31, 2023								100,000
current maturities of long-term debt and short-term borrowings									300,000	300,000	300,000	8,200,000	508,200,000	509,500,000	509,700,000	5,000,000	5,000,000	4,900,000	5,300,000	5,200,000	6,000,000	5,800,000	64,900,000	64,800,000	64,900,000	65,200,000	65,300,000	65,300,000	65,200,000	89,100,000	104,400,000	101,200,000	92,000,000	79,700,000	78,900,000	71,300,000	82,500,000	426,200,000	484,700,000	493,800,000	500,800,000	109,400,000	107,100,000	100,200,000	91,700,000	39,200,000	36,800,000	39,300,000	114,600,000	86,600,000	88,800,000	12,200,000	12,100,000	14,200,000	99,600,000	96,900,000	86,232,000	150,816,000	86,966,000
issued and outstanding shares—57,271 at december 31, 2023 and 58,787 at december 31, 2022									100,000
other assets										90,300,000	97,300,000	97,300,000	84,800,000	82,400,000	81,300,000	90,100,000	84,300,000	80,400,000	77,700,000	79,500,000	71,800,000	62,100,000	56,400,000	43,900,000	46,600,000	47,500,000	49,500,000	45,400,000	43,600,000	46,200,000	46,800,000	45,800,000	40,900,000	39,100,000	39,100,000	35,700,000	35,000,000	38,700,000	38,200,000	35,900,000	35,900,000	35,500,000	35,000,000	34,300,000	32,400,000	33,400,000	33,000,000	33,600,000	29,500,000	28,200,000	29,700,000	27,800,000	28,100,000	17,900,000	16,600,000	17,000,000	17,038,000	17,432,000	16,632,000	13,468,000	13,295,000	13,411,000	9,845,000	9,404,000	29,789,000	22,112,000	12,878,000	11,958,000	13,043,000	15,125,000	14,038,000	16,901,000	15,856,000	26,864,000	24,445,000	60,145,000	57,273,000	38,767,000	29,670,000	28,948,000	29,509,000	29,876,000	31,560,000	32,181,000	32,662,000	24,065,000	14,422,000	15,382,000	16,238,000	14,702,000	13,704,000	11,401,000
issued and outstanding shares—58,090 at september 30, 2023 and 58,787 at december 31, 2022										100,000
issued and outstanding shares—58,536 at june 30, 2023 and 58,787 at december 31, 2022											100,000
issued and outstanding shares—58,840 at march 31, 2023 and 58,787 at december 31, 2022												100,000
issued and outstanding shares—58,787 at december 31, 2022 and 61,806 at december 31, 2021													100,000
accrued compensation and retirement costs														234,900,000	222,900,000	184,600,000	294,000,000	239,600,000	198,600,000	156,800,000	165,800,000	137,500,000	135,100,000	127,900,000	172,100,000	146,300,000	123,400,000	106,300,000	174,800,000	156,700,000	141,800,000	108,400,000	139,300,000	128,500,000	113,000,000	96,500,000	140,800,000	120,000,000	108,600,000	91,000,000	118,700,000	119,200,000	106,800,000	95,100,000	124,700,000	105,000,000	87,900,000	112,800,000	98,600,000	67,000,000	103,900,000	90,300,000	73,600,000	100,100,000	84,400,000	69,500,000	85,065,000	78,022,000	71,016,000	63,579,000	67,012,000	61,459,000	55,047,000	54,700,000	123,707,000	125,044,000	85,900,000	69,823,000	95,539,000	82,571,000	80,282,000	63,613,000	92,905,000	82,409,000	67,432,000	34,009,000	52,354,000	47,255,000	36,922,000	30,759,000	64,061,000
deferred compensation and retirement costs														74,100,000	80,200,000	85,200,000
issued and outstanding shares—59,022 at september 30, 2022 and 61,806 at december 31, 2021														100,000
issued and outstanding shares—60,869 at june 30, 2022 and 61,806 at december 31, 2021															100,000
issued and outstanding shares—61,948 at march 31, 2022 and 61,806 at december 31, 2021																100,000
long-term retirement costs																	81,000,000	105,800,000	105,400,000	101,900,000	95,800,000	87,300,000	85,900,000	81,200,000	87,000,000	81,000,000	78,400,000	76,200,000	71,800,000	76,500,000	88,000,000	87,000,000	85,400,000	86,200,000	90,800,000	90,600,000	89,600,000	105,900,000	108,200,000	107,200,000	103,800,000	103,900,000	104,700,000	103,700,000	82,500,000	84,700,000	83,800,000	102,000,000	100,900,000	95,600,000	88,700,000	88,900,000	91,500,000	72,000,000	74,300,000	74,200,000	74,749,000	71,572,000	69,016,000											55,854,000	54,576,000			35,739,000	35,851,000	14,979,000	15,660,000	16,030,000	15,435,000	14,731,000
issued and outstanding shares—61,806 at december 31, 2021 and 63,600 at december 31, 2020																	100,000
issued and outstanding shares — 62,694 at september 30, 2021 and 63,600 at december 31, 2020																		100,000
preferred stock, 0.001 par value:
authorized shares — 5,000
none issued or outstanding
authorized shares — 200,000
issued and outstanding shares — 63,568 at june 30, 2021 and 63,600 at december 31, 2020																			5,700,000
issued and outstanding shares — 63,707 at march 31, 2021 and 63,600 at december 31, 2020																				6,600,000
issued and outstanding shares — 63,600 at december 31, 2020 and 66,854 at december 31, 2019																					100,000
issued and outstanding shares — 63,756 at september 30, 2020 and 66,854 at december 31, 2019																						11,100,000
issued and outstanding shares — 63,654 at june 30, 2020 and 66,854 at december 31, 2019																							9,100,000
issued and outstanding shares — 63,641 at march 31, 2020 and 66,854 at december 31, 2019																								100,000
issued and outstanding shares — 66,854 at december 31, 2019 and 66,882 at december 31, 2018																									122,200,000
issued and outstanding shares — 66,656 at september 30, 2019 and 66,882 at december 31, 2018																										114,900,000
issued and outstanding shares — 66,654 at june 30, 2019 and 66,882 at december 31, 2018																											99,700,000
issued and outstanding shares — 67,235 at march 31, 2019 and 66,882 at december 31, 2018																												135,900,000
issued and outstanding shares – 66,882 at december 31, 2018 and 72,610 at december 31, 2017																													136,400,000
authorized shares — 5,000,000
authorized shares — 200,000,000
issued and outstanding shares – 71,443,121 at september 30, 2018 and 72,609,540 at december 31, 2017																														495,600,000
issued and outstanding shares – 72,350,258 at june 30, 2018 and 72,609,540 at december 31, 2017																															561,300,000
issued and outstanding shares – 72,342,804 at march 31, 2018 and 72,609,540 at december 31, 2017																																549,100,000
issued and outstanding shares – 72,609,540 at december 31, 2017 and 72,682,793 at december 31, 2016																																	594,600,000
issued and outstanding shares – 72,913,683 at september 30, 2017 and 72,682,793 at december 31, 2016																																		616,200,000
issued and outstanding shares – 72,901,625 at june 30, 2017 and 72,682,793 at december 31, 2016																																			607,300,000
issued and outstanding shares – 72,879,606 at march 31, 2017 and 72,682,793 at december 31, 2016																																				597,900,000
issued and outstanding shares – 72,682,793 at december 31, 2016 and 71,739,072 at december 31, 2015																																					590,300,000
issued and outstanding shares – 72,563,344 at september 30, 2016 and 71,739,072 at december 31, 2015																																						582,200,000
issued and outstanding shares – 72,503,979 at june 30, 2016 and 71,739,072 at december 31, 2015																																							575,100,000
issued and outstanding shares – 72,222,793 at march 31, 2016 and 71,739,072 at december 31, 2015																																								553,400,000
issued and outstanding shares – 71,739,072 at december 31, 2015 and 77,337,251 at december 31, 2014																																									533,800,000
issued and outstanding shares — 72,400,959 at september 30, 2015 and 77,337,251 at december 31, 2014																																										532,000,000
issued and outstanding shares — 74,379,301 at june 30, 2015 and 77,337,251 at december 31, 2014																																											641,000,000
preferred stock, no par value:
common stock																																															831,600,000	805,000,000				678,300,000													563,092,000	559,618,000			646,406,000			709,122,000							320,402,000
issued and outstanding shares — 74,749,917 at march 31, 2015 and 77,337,251 at december 31, 2014, stated capital																																												656,600,000
total reliance shareholders’ equity																																												3,980,700,000	4,109,300,000	4,044,300,000	3,939,500,000	3,821,200,000	3,713,500,000	3,646,800,000	3,475,100,000	3,365,400,000	3,265,400,000	3,084,700,000	3,022,400,000	2,921,900,000	2,823,732,000	2,775,588,000	2,720,774,000	2,663,721,000	2,606,432,000	2,500,012,000	2,450,401,000	2,442,998,000
investments in unconsolidated entities																																													15,400,000	15,100,000	14,700,000	16,400,000	16,000,000	15,500,000	16,800,000	16,700,000	16,400,000	16,800,000	16,500,000	18,100,000	18,274,000	15,641,000	15,977,000	21,225,000	20,880,000	20,190,000	20,874,000	20,670,000
issued and outstanding shares — 78,074,226 at september 30, 2014 and 77,492,017 at december 31, 2013, stated capital																																													866,300,000
issued and outstanding shares – 77,941,158 at june 30, 2014 and 77,492,017 at december 31, 2013, stated capital																																														852,500,000
preferred stock, no par value: authorized shares — 5,000,000 none issued or outstanding
issued and outstanding shares — 76,920,713 at june 30, 2013 and 76,042,546 at december 31, 2012, stated capital																																																	779,100,000
issued and outstanding shares – 76,647,562 at march 31, 2013 and 76,042,546 at december 31, 2012, stated capital																																																		760,500,000
authorized shares — 5,000,000 none issued or outstanding
issued and outstanding shares – 75,540,898 at september 30, 2012 and 75,007,694 at december 31, 2011, stated capital																																																			694,900,000
accumulated other comprehensive income																																																			3,700,000				16,800,000	17,000,000	10,275,000	2,966,000		3,695,000					-32,016,000	5,735,000	13,668,000	12,507,000	20,245,000	23,343,000	13,444,000	784,000	-1,631,000	2,931,000	2,678,000	781,000	325,000	-351,000	521,000	632,000	452,000
authorized shares — 100,000,000 issued and outstanding shares — 75,122,110 at march 31, 2012 and 75,007,694 at december 31, 2011, stated capital																																																					666,600,000
authorized shares — 100,000,000 issued and outstanding shares — 74,967,048 at september 30, 2011 and 74,639,223 at december 31, 2010, stated capital																																																						650,700,000
authorized shares — 100,000,000 issued and outstanding shares — 74,875,228 at june 30, 2011 and 74,639,223 at december 31, 2010, stated capital																																																							644,900,000
authorized shares — 100,000,000
issued and outstanding shares — 74,733,404 at march 31, 2011 and 74,639,223 at december 31, 2010, stated capital																																																								633,400,000
property, plant and equipment: - sum																																																									1,025,305,000	985,360,000	982,888,000	982,505,000	981,259,000	987,684,000	994,681,000	989,893,000	998,706,000
authorized shares — 100,000,000 issued and outstanding shares — 74,639,223 at december 31, 2010 and 73,750,771 at december 31, 2009, stated capital																																																									624,732,000
issued and outstanding shares — 74,501,093 at september 30, 2010 and 73,750,771 at december 31, 2009, stated capital																																																										616,300,000
authorized shares — 100,000,000 issued and outstanding shares — 74,258,946 at june 30, 2010 and 73,750,771 at december 31, 2009, stated capital																																																											608,651,000
current maturities of capital lease obligations																																																												663,000	663,000	655,000	647,000	638,000	638,000	637,000	631,000	625,000	641,000	634,000	624,000	565,000	559,000	553,000	547,000	542,000	536,000
capital lease obligations																																																												3,018,000	3,182,000	3,350,000	3,513,000	3,674,000	3,833,000	4,008,000	4,179,000	4,345,000	4,495,000	4,657,000	4,808,000	5,004,000	4,956,000	5,098,000	5,238,000	5,377,000	5,515,000	5,542,000
long-term retirement costs and other long-term liabilities																																																												94,405,000	92,632,000	109,124,000	103,139,000	99,397,000	94,361,000	78,964,000	67,129,000	63,447,000	62,224,000			52,233,000	46,111,000
reliance shareholders’ equity:
authorized shares – 5,000,000 none issued or outstanding
authorized shares – 100,000,000 issued and outstanding shares – 74,103,570 at march 31, 2010 and 73,750,771 at december 31, 2009, stated capital																																																												600,073,000
deferred revenue																																																													3,534,000	48,785,000	48,310,000	60,525,000	82,949,000
authorized shares — 100,000,000 issued and outstanding shares — 73,750,771 at december 31, 2009 and 73,312,714 at december 31, 2008, stated capital																																																													587,612,000
issued and outstanding shares — 73,489,071 at september 30, 2009 and 73,312,714 at december 31, 2008, stated capital																																																														577,107,000
issued and outstanding shares — 73,464,297 at june 30, 2009 and 73,312,714 at december 31, 2008, stated capital																																																															572,515,000
issued and outstanding shares — 73,325,574 at march 31, 2009 and 73,312,714 at december 31, 2008, stated capital																																																																567,009,000
liabilities and shareholders’ equity
minority interest																																																																	3,632,000	4,695,000	1,771,000	1,763,000	1,699,000	1,529,000	1,450,000	1,336,000	1,246,000	1,167,000	1,072,000	987,000	17,128,000	14,648,000	13,882,000	17,571,000	15,536,000	15,252,000	15,016,000	11,206,000	9,382,000	9,888,000	9,893,000	9,982,000	10,717,000	10,107,000	10,611,000
shareholders’ equity:
issued and outstanding shares — 73,312,714 at december 31, 2008 and 74,906,824 at december 31, 2007, stated capital
total shareholders’ equity																																																																	2,431,436,000	2,406,443,000	2,264,933,000	2,093,168,000	2,106,249,000	2,023,993,000	2,005,465,000	1,864,258,000	1,746,398,000	1,673,191,000	1,567,831,000	1,102,413,000	1,029,865,000	967,501,000	920,068,000	873,519,000	822,552,000	777,882,000	734,264,000	679,404,000	647,619,000
total liabilities and shareholders’ equity																																																																	5,195,485,000	6,085,144,000	4,473,253,000	4,165,271,000	3,983,477,000	4,151,071,000	4,176,580,000	4,075,325,000	3,614,173,000	3,732,685,000	3,460,694,000	1,926,875,000	1,769,070,000	1,728,216,000	1,617,072,000	1,638,033,000	1,563,331,000	1,604,600,000	1,557,844,000	1,501,445,000	1,369,424,000
property, plant and equipment, at cost:
property, plant and equipment, at cost: - sum																																																																		991,699,000	871,569,000	838,630,000	824,635,000	795,973,000	781,798,000	758,318,000	742,672,000	736,180,000	709,897,000	504,638,000	479,719,000	470,924,000	457,942,000	458,269,000	458,813,000	461,828,000	460,520,000	464,171,000	466,871,000	469,673,000	297,701,000	302,222,000	306,189,000	302,366,000	297,353,000	287,780,000
issued and outstanding shares — 73,230,947 at june 30, 2008 and 74,906,824 at december 31, 2007, stated capital																																																																			555,543,000
issued and outstanding shares — 72,663,498 at march 31, 2008 and 74,906,824 at december 31, 2007, stated capital																																																																				538,445,000
issued and outstanding shares — 74,906,824 at december 31, 2007 and 75,702,046 at december 31, 2006, stated capital
commitments and contingencies shareholders’ equity:
authorized shares — 100,000,000 issued and outstanding shares — 74,618,149 at september 30, 2007 and 75,702,046 at december 31, 2006, stated capital																																																																						638,420,000
issued and outstanding shares — 76,281,228 at june 30, 2007 and 75,702,046 at december 31, 2006, stated capital																																																																							717,447,000
authorized shares — 100,000,000 issued and outstanding shares — 75,702,046 and 66,217,998 at december 31, 2006 and 2005, respectively, stated capital																																																																									701,690,000
authorized shares — 100,000,000 issued and outstanding shares — 75,460,946 at september 30, 2006 and 66,217,998 at december 31, 2005, stated capital																																																																										695,703,000
issued and outstanding shares — 75,437,196 at june 30, 2006 and 66,217,998 at december 31, 2005, stated capital																																																																											693,760,000
issued and outstanding shares — 33,160,050 at march 31, 2006 and 33,108,999 at december 31, 2005, respectively, stated capital																																																																												326,468,000
issued and outstanding shares — 33,108,999 and 32,669,967 at december 31, 2005 and 2004, respectively, stated capital																																																																													325,010,000
current maturities of capital leases																																																																														639,000
issued and outstanding shares — 32,986,924 at september 30, 2005 and 32,669,967 at december 31, 2004, stated capital																																																																														321,947,000
issued and outstanding shares — 32,905,674 at march 31, 2005 and 32,669,967 at december 31, 2004, respectively, stated capital																																																																																319,951,000
issued and outstanding shares — 32,669,967 and 32,225,872 at december 31, 2004 and 2003, respectively, stated capital																																																																																	313,953,000
wages and related accruals																																																																																		37,868,000	31,924,000	25,014,000	22,696,000	21,185,000	15,605,000	14,626,000	20,160,000	18,946,000	16,384,000	12,934,000
authorized shares – 5,000,000 none issued and outstanding
authorized shares – 100,000,000 issued and outstanding shares 32,575,292 at september 30, 2004 and 32,225,872 at december 31, 2003, stated capital																																																																																		311,581,000
authorized shares - 5,000,000 none issued and outstanding
authorized shares - 100,000,000 issued and outstanding shares 32,518,892 at june 30, 2004 and 32,225,872 at december 31, 2003, stated capital																																																																																			310,194,000
goodwill, net of accumulated amortization of 33,024 at march 31, 2004 and december 31, 2003																																																																																				325,434,000
authorized shares — 100,000,000 issued and outstanding shares — 32,378,542 at march 31, 2004 and 32,225,872 at december 31, 2003, respectively, stated capital																																																																																				306,758,000
issued and outstanding shares — 32,225,872
and 31,752,087 at december 31, 2003 and 2002, respectively, stated capital																																																																																					303,587,000
none issued and outstanding
investment in 50%-owned company																																																																																												12,038,000
goodwill, net of accumulated amortization of 33,024 and 26,254 at december 31, 2002 and 2001, respectively																																																																																									284,276,000
goodwill, net of accumulated amortization of 33,024 at september 30, 2002 and 26,254 at december 31, 2001																																																																																										291,241,000
goodwill, net of accumulated amortization of 33,024 at june 30, 2002 and december 31, 2001																																																																																											282,897,000
goodwill, net of accumulated amortization of 26,254 at march 31, 2002 and december 31, 2001																																																																																												250,103,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31

operating activities:
net income	190,000,000	234,200,000	200,500,000	106,000,000	199,900,000	268,300,000	303,800,000	273,400,000	296,000,000	386,300,000	384,400,000	351,300,000	394,400,000	573,900,000	524,600,000	422,300,000	396,700,000	330,200,000	268,200,000	130,500,000	98,300,000	80,700,000	62,900,000	166,300,000	163,900,000	184,300,000	191,600,000	87,300,000	150,300,000	233,100,000	171,100,000	303,800,000	99,000,000	104,800,000	113,400,000	62,900,000	50,600,000	102,100,000	93,500,000	68,900,000	52,800,000	91,600,000	102,900,000	96,900,000	97,800,000	87,900,000	96,000,000	81,900,000	84,500,000	99,400,000	110,200,000	117,900,000	86,300,000	100,200,000	93,600,000	40,772,000	49,285,000	62,805,000	44,987,000	92,267,000	42,077,000			66,288,000	152,498,000	156,596,000	107,395,000	79,910,000	93,565,000	122,784,000	111,696,000	74,642,000	107,505,000	100,505,000	71,855,000	60,588,000	49,437,000	49,049,000	46,363,000	42,952,000	44,140,000	52,797,000	29,839,000	9,686,000	12,353,000	6,392,000	5,579,000	1,937,000	9,965,000	10,774,000	7,491,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization expense	70,500,000	69,700,000	68,700,000	70,600,000	67,900,000	66,600,000	63,600,000	62,900,000	60,600,000	60,800,000	61,100,000				59,100,000	58,100,000	56,700,000	58,500,000	56,900,000	56,500,000	56,400,000	57,400,000	57,000,000	56,100,000	54,800,000	54,400,000	54,000,000	53,400,000	53,400,000	54,300,000	54,100,000	54,200,000	54,000,000	55,000,000	55,200,000	55,300,000	55,100,000	55,500,000	56,100,000	53,900,000	54,400,000	54,900,000	55,300,000	54,000,000	52,700,000	51,900,000	49,900,000			37,300,000	36,500,000	35,500,000			33,000,000	31,701,000	29,847,000				30,425,000
stock-based compensation expense	15,100,000	15,900,000	12,200,000	13,800,000	16,100,000	13,900,000	13,000,000	16,600,000	16,800,000	18,100,000	13,500,000	16,900,000	18,600,000	18,000,000	11,800,000	15,700,000	17,200,000	23,200,000	14,700,000	12,300,000	11,900,000	9,100,000	8,900,000	13,900,000	15,200,000	13,900,000	8,200,000	11,700,000	14,500,000	12,900,000	6,400,000	10,100,000	8,400,000	9,400,000	5,500,000	6,600,000	6,400,000	8,100,000	3,300,000	3,700,000	5,200,000
other	-3,900,000	-11,700,000	6,500,000	-700,000	1,300,000	900,000	2,800,000	4,400,000	900,000	-5,500,000	-100,000	800,000	-1,400,000	-1,800,000	4,900,000	4,600,000	400,000	-2,100,000	400,000	3,600,000	-3,000,000	3,600,000	9,700,000	4,600,000	3,300,000	-200,000	1,800,000	5,500,000	2,700,000	1,100,000	3,000,000	2,800,000	-700,000	1,600,000	4,000,000	1,800,000	3,400,000	1,500,000	1,000,000	2,100,000	2,600,000	4,100,000	1,000,000	2,900,000	2,300,000	2,100,000	0
changes in operating assets and liabilities
accounts receivable	-4,200,000	5,300,000	-332,100,000	219,300,000	90,300,000	69,400,000	-211,600,000	197,600,000	61,300,000	73,800,000	-237,100,000	297,300,000	189,000,000	19,000,000	-399,600,000	118,500,000	-206,300,000	-222,100,000	-346,200,000	22,400,000	-21,600,000	291,800,000	-155,800,000	192,300,000	96,900,000	69,600,000	-180,700,000	186,300,000	-44,600,000	-64,400,000	-230,600,000	82,900,000	12,800,000	-28,700,000	-186,700,000	80,800,000	-5,800,000	-25,900,000	-80,300,000	157,100,000	40,400,000														-215,100,000	80,413,000	-24,250,000	-45,338,000	-157,568,000	55,626,000	-25,305,000	131,801,000	160,041,000	396,185,000	27,005,000	-114,821,000	-142,344,000	127,897,000	48,192,000	-1,262,000	-113,562,000	79,732,000	-11,412,000	-52,625,000	-66,261,000	24,395,000	-7,747,000	9,839,000	-41,878,000	28,583,000	-14,080,000	-23,340,000	-99,361,000
inventories	-55,600,000	-133,900,000	-85,900,000	169,100,000	88,700,000	-26,400,000	-114,600,000	72,000,000	88,600,000	-215,600,000	13,500,000	185,500,000	164,600,000	-345,200,000	54,000,000	-52,600,000	-235,500,000	-167,400,000	-50,400,000	5,600,000	71,400,000	138,100,000	12,400,000	64,800,000	115,800,000	150,200,000	-119,000,000	263,400,000	-20,200,000	-162,200,000	-169,800,000	48,900,000	-19,000,000	-70,000,000	-146,500,000	65,100,000	31,100,000	-97,300,000	-29,300,000	150,000,000	81,500,000						-500,000								-228,200,000	78,753,000	-23,247,000	-52,390,000	-124,973,000	72,943,000	26,840,000	275,441,000	194,719,000	485,632,000	-89,169,000	-154,427,000	-50,564,000	113,128,000	111,483,000	-33,730,000	-61,299,000	83,318,000	-46,524,000	-72,273,000	-53,935,000	-20,273,000	28,814,000	13,484,000	-33,370,000	26,930,000	-34,595,000	-29,066,000	-24,968,000
prepaid expenses and other assets	36,800,000	36,800,000	80,800,000	-78,500,000	21,200,000	10,600,000	73,900,000	-53,800,000	20,000,000	21,100,000	50,000,000	-2,600,000	-9,200,000	9,700,000	19,500,000	-21,500,000	15,600,000	36,200,000	-4,100,000	-2,500,000	26,400,000	-12,800,000	68,300,000	-27,800,000	24,400,000	-5,900,000	41,200,000	-23,900,000	11,400,000	-17,400,000	15,900,000	-24,100,000	11,200,000	-7,800,000	9,200,000	-8,500,000	14,500,000	3,700,000	17,000,000			-22,700,000	23,100,000	8,900,000	-6,700,000	43,900,000	-7,300,000	-20,000,000	31,300,000		-200,000	9,000,000	2,100,000	-7,400,000	34,600,000	-14,631,000	-10,370,000	26,169,000	22,699,000	-74,903,000	23,257,000	-1,122,000	-3,671,000	-24,509,000	-101,000	-2,356,000	17,845,000	-4,499,000	-15,935,000	32,856,000	-1,335,000	-3,024,000	17,965,000	-6,192,000	-2,180,000	-186,000	-1,841,000	-1,150,000	553,000	-1,954,000	1,113,000	-1,923,000	-820,000
accounts payable and other liabilities	13,100,000	12,700,000	113,800,000	-82,400,000	-21,500,000	-37,000,000	-4,600,000	-54,500,000	-82,600,000	-51,700,000	99,300,000	-93,700,000	-189,000,000	-80,900,000	126,600,000	-128,300,000	93,500,000	43,000,000	217,900,000	-6,200,000	19,200,000	-95,800,000	39,400,000	-152,500,000	15,200,000	-123,800,000	118,600,000	-136,100,000	-59,800,000	23,100,000	162,200,000	-90,300,000	21,700,000	-26,100,000	128,900,000	-24,700,000	-22,800,000	2,700,000	92,300,000	-103,700,000	-18,500,000	-73,600,000	116,900,000	14,300,000	14,500,000	172,100,000	17,800,000	-21,100,000	91,400,000			97,900,000	-20,600,000	4,300,000	175,900,000	-103,274,000	58,957,000	-6,600,000	130,305,000	-108,276,000	37,631,000	-61,360,000	-90,120,000	-434,515,000	-135,979,000
net cash from operating activities	261,800,000	229,000,000	64,500,000	473,300,000	463,900,000	366,300,000	126,300,000	525,600,000	466,000,000	295,100,000	384,600,000	808,700,000	635,700,000	270,200,000	404,000,000	393,800,000	142,200,000	101,600,000	161,800,000	230,200,000	296,300,000	475,700,000	170,800,000	347,400,000	490,900,000	346,000,000	117,200,000	431,300,000	136,300,000	83,700,000	13,300,000	200,700,000	183,100,000	35,900,000	-20,700,000	238,900,000	182,400,000	49,800,000	155,400,000	308,700,000	252,400,000	292,500,000	171,400,000	53,300,000	40,700,000	68,800,000	229,100,000	211,700,000	72,200,000	247,600,000					-101,400,000	166,402,000	83,136,000	18,814,000	-54,265,000	135,792,000	125,945,000	366,726,000	314,533,000	549,297,000	-12,994,000	21,185,000	107,196,000	254,277,000	214,448,000	99,470,000	70,769,000	179,435,000	88,696,000	-118,206,000	41,039,000	107,051,000	81,867,000	47,512,000	35,789,000	90,598,000	27,444,000	16,502,000	-12,776,000	6,936,000	42,025,000	35,888,000	21,565,000	19,827,000	24,576,000	37,917,000	8,424,000
capital expenditures	-81,200,000	-87,600,000	-86,900,000	-110,900,000	-112,800,000	-98,200,000	-108,700,000	-110,200,000	-125,500,000	-130,200,000	-102,900,000	-92,100,000	-95,500,000	-87,500,000	-66,700,000	-57,700,000	-55,100,000	-80,100,000	-43,700,000	-37,300,000	-38,200,000	-41,000,000	-55,500,000	-59,400,000	-58,900,000	-70,900,000	-53,000,000	-87,300,000	-54,000,000	-56,800,000	-41,800,000	-43,500,000	-45,300,000	-38,700,000	-34,100,000	-44,300,000	-38,900,000	-37,300,000	-34,400,000	0	0	0	0	0	0	0	0	0	0	0					-35,800,000	-45,572,000	-26,404,000	-16,329,000	-23,051,000	-14,857,000	-14,255,000	-25,617,000	-15,172,000	-32,344,000	-31,241,000	-52,332,000	-35,973,000	-35,777,000	-29,705,000	-33,915,000	-24,730,000	-24,022,000	-25,026,000	-33,585,000	-26,109,000	-19,426,000	-13,254,000	-10,262,000	-10,798,000	-8,287,000	-11,812,000	-7,536,000	-8,347,000	-7,476,000	-5,494,000	-4,643,000	-3,296,000	-6,232,000	-3,762,000	-4,728,000	-3,936,000
free cash flows	180,600,000	141,400,000	-22,400,000	362,400,000	351,100,000	268,100,000	17,600,000	415,400,000	340,500,000	164,900,000	281,700,000	716,600,000	540,200,000	182,700,000	337,300,000	336,100,000	87,100,000	21,500,000	118,100,000	192,900,000	258,100,000	434,700,000	115,300,000	288,000,000	432,000,000	275,100,000	64,200,000	344,000,000	82,300,000	26,900,000	-28,500,000	157,200,000	137,800,000	-2,800,000	-54,800,000	194,600,000	143,500,000	12,500,000	121,000,000	308,700,000	252,400,000	292,500,000	171,400,000	53,300,000	40,700,000	68,800,000	229,100,000	211,700,000	72,200,000	247,600,000					-137,200,000	120,830,000	56,732,000	2,485,000	-77,316,000	120,935,000	111,690,000	341,109,000	299,361,000	516,953,000	-44,235,000	-31,147,000	71,223,000	218,500,000	184,743,000	65,555,000	46,039,000	155,413,000	63,670,000	-151,791,000	14,930,000	87,625,000	68,613,000	37,250,000	24,991,000	82,311,000	15,632,000	8,966,000	-21,123,000	-540,000	36,531,000	31,245,000	18,269,000	13,595,000	20,814,000	33,189,000	4,488,000

investing activities:
acquisitions, net of cash acquired	0			2,100,000	-20,200,000																			-176,800,000	0			-22,000,000	-16,000,000	0	-39,600,000	-36,500,000	0	0	-1,300,000	300,000	-26,600,000
purchases of property, plant and equipment	-81,200,000	-87,600,000	-86,900,000	-110,900,000	-112,800,000	-98,200,000	-108,700,000	-110,200,000	-125,500,000	-130,200,000	-102,900,000	-92,100,000	-95,500,000	-87,500,000	-66,700,000	-57,700,000	-55,100,000	-80,100,000	-43,700,000	-37,300,000	-38,200,000	-41,000,000	-55,500,000	-59,400,000	-58,900,000	-70,900,000	-53,000,000	-87,300,000	-54,000,000	-56,800,000	-41,800,000	-43,500,000	-45,300,000	-38,700,000	-34,100,000	-44,300,000	-38,900,000	-37,300,000	-34,400,000																-35,800,000	-45,572,000	-26,404,000	-16,329,000	-23,051,000	-14,857,000	-14,255,000	-25,617,000	-15,172,000	-32,344,000	-31,241,000	-52,332,000	-35,973,000	-35,777,000	-29,705,000	-33,915,000	-24,730,000	-24,022,000	-25,026,000	-33,585,000	-26,109,000	-19,426,000	-13,254,000	-10,262,000	-10,798,000	-8,287,000	-11,812,000	-7,536,000	-8,347,000	-7,476,000	-5,494,000	-4,643,000	-3,296,000	-6,232,000	-3,762,000	-4,728,000	-3,936,000
proceeds from sales of property, plant and equipment	900,000							1,200,000	500,000	1,100,000	8,300,000	1,100,000	600,000	1,000,000	8,200,000	9,200,000	700,000	5,500,000	20,600,000									20,400,000				13,600,000															8,600,000	400,000	400,000	3,900,000	2,600,000	200,000	1,800,000	6,400,000	900,000	2,093,000	342,000	53,000	672,000	111,000	489,000	331,000	353,000
net cash from investing activities	-73,900,000	-71,200,000	-87,600,000	-130,300,000	-111,400,000	-384,600,000	-177,400,000	-116,100,000	-112,800,000	-152,400,000	-102,600,000	-104,100,000	-95,000,000	-86,100,000	-63,300,000	-504,100,000	-49,600,000	-70,900,000	-27,700,000	-60,700,000	-31,300,000	-41,400,000	-55,000,000	-247,200,000	-54,000,000	-69,200,000	-48,700,000	-92,000,000	-60,000,000	-51,700,000	-77,300,000	-79,600,000	-32,900,000	-34,900,000	-32,000,000	-47,100,000	-62,600,000	-63,900,000	-331,500,000																-34,800,000	-100,949,000	-26,062,000	-14,149,000	-20,623,000	-46,290,000	-11,584,000	-23,355,000	-12,356,000	-28,904,000	-347,533,000	-64,055,000	-17,162,000	-75,889,000	-69,872,000	-32,728,000	-241,319,000	-8,593,000	-240,232,000	-342,352,000	-59,257,000	-19,126,000	-107,575,000	-9,986,000	-9,945,000	-7,596,000	-12,103,000	-22,342,000	-7,608,000	-7,352,000	-251,274,000	-1,927,000	-3,186,000	-3,268,000	-32,728,000	-28,798,000	-3,443,000
financing activities:
proceeds from long-term debt borrowings	999,000,000	275,000,000	788,000,000	0																-200,000	903,700,000	103,000,000	667,000,000	229,000,000	126,000,000	242,000,000	374,000,000	577,700,000	271,000,000	272,000,000	398,000,000	201,000,000	133,000,000	202,000,000	339,000,000	360,000,000	1,100,000,000	214,000,000	399,000,000	63,000,000	98,000,000	49,000,000	363,000,000	238,700,000	137,000,000	160,000,000	40,000,000	2,207,900,000	50,000,000	73,000,000	237,000,000	221,000,000	627,000,000	89,000,000	197,000,000	112,000,000	165,000,000
principal payments on long-term debt	-1,043,000,000	-323,000,000	-458,000,000	-125,300,000				-400,000	0							-20,400,000				0	-747,400,000	-449,000,000	-419,000,000	-284,300,000	-493,300,000	-420,000,000	-391,000,000	-439,700,000	-219,200,000	-279,600,000	-253,700,000	-280,800,000	-227,800,000	-164,600,000	-242,100,000	-536,200,000	-1,160,100,000	-177,100,000	-188,000,000																-52,000,000	-287,791,000	-84,429,000
cash dividends and dividend equivalents	-62,900,000	-63,100,000	-65,200,000	-61,200,000	-60,600,000	-62,600,000	-65,300,000	-58,800,000	-58,700,000	-58,600,000	-62,000,000
share repurchases	-60,900,000	-79,900,000	-253,200,000	-142,400,000	-432,000,000			-240,300,000	-126,400,000	-73,900,000	-38,900,000	-82,600,000	-336,700,000	-193,900,000	-17,100,000	-168,500,000	-131,000,000			-37,100,000	-200,000	0	-300,000,000	0	0			-354,800,000	-80,100,000	-700,000	-49,300,000
taxes paid related to net share settlement of restricted stock units	-200,000	-100,000	-11,500,000	-13,200,000	-5,500,000	-200,000	-23,900,000	-12,800,000	-4,000,000	-100,000	-37,200,000
excise tax on repurchase of common shares	0
net cash from financing activities	-165,200,000	-203,400,000	-18,600,000	-327,700,000	-394,600,000	-563,800,000	-90,300,000	-311,600,000	-190,300,000	-141,200,000	-639,200,000	-181,500,000	-394,600,000	-224,500,000	-92,000,000	-227,100,000	-179,400,000	-66,000,000	-56,400,000	-88,100,000	98,700,000	-386,200,000	-107,400,000	-101,800,000	-405,700,000	-267,700,000	-65,400,000	-320,100,000	-88,600,000	-50,100,000	54,900,000	-140,000,000	-128,700,000	10,200,000	60,400,000	-207,000,000	-96,100,000	13,200,000	189,700,000							200,000	-188,600,000				64,100,000	91,000,000	243,400,000	20,800,000	139,100,000	-180,257,000	81,233,000	-8,404,000	82,964,000	-135,081,000	-207,145,000	-197,725,000	-319,878,000	-512,835,000	314,971,000	36,025,000	-69,649,000	-207,256,000	-113,675,000	-20,621,000	141,702,000	-135,381,000	163,445,000	436,335,000	17,357,000	-63,377,000	20,128,000	-34,140,000	-24,754,000	-74,914,000	-15,750,000	-4,131,000	30,604,000	-8,514,000	201,105,000	-27,672,000	-15,205,000	-16,216,000	11,866,000	-4,718,000	-14,188,000
effect of exchange rate changes on cash and cash equivalents	-1,000,000	7,300,000	1,400,000			-2,000,000	-3,900,000	5,400,000	-2,300,000			6,600,000	-6,900,000	-3,100,000	-1,200,000	-500,000	-2,400,000	2,600,000	-900,000	10,500,000	5,200,000	2,500,000	-10,600,000	9,900,000	-6,700,000	-1,200,000	2,300,000	-3,100,000	100,000	-3,000,000	100,000
decrease in cash and cash equivalents	21,700,000	-38,300,000	-40,300,000		-36,200,000	-584,100,000	-145,300,000																																																																-28,897,000																				-9,244,000
cash and cash equivalents, beginning balance	0	0	318,100,000
cash and cash equivalents, ending balance	21,700,000	-38,300,000	277,800,000
supplemental cash flow information:
interest paid	13,800,000	14,000,000	10,000,000
income taxes paid	44,700,000	57,100,000	13,900,000
impairment
provision for credit losses								-700,000	400,000			-2,200,000	-1,000,000	3,100,000	3,500,000	-800,000	3,900,000	2,200,000	4,500,000
deferred income tax provision																															1,100,000		-2,600,000	-2,300,000	200,000		-1,100,000	-700,000	2,300,000								600,000	-1,000,000	1,600,000
net loss on life insurance policies and deferred compensation plan assets								-8,500,000	4,000,000			-400,000	7,400,000
net short-term debt repayments								0	0				0					0	-800,000																-3,800,000
increase in cash and cash equivalents								103,300,000	160,600,000	100,000	-357,200,000	529,700,000	139,200,000	-43,500,000	247,500,000	-337,900,000	-89,200,000	-32,700,000	76,800,000	91,900,000	368,900,000	50,600,000	-2,200,000	8,300,000	24,500,000	7,900,000	5,400,000	16,100,000	-12,200,000	-21,100,000	-9,000,000	-15,800,000	23,700,000	12,700,000	11,000,000	-20,500,000	26,800,000	-4,000,000	16,200,000					-12,800,000	-100,000	30,000,000	4,100,000	700,000	2,500,000	27,000,000			-900,000	15,200,000	3,900,000	-113,548,000	139,060,000	-4,903,000	9,304,000	-44,862,000	-91,549,000	145,770,000	-18,352,000	8,313,000	-46,161,000	-6,887,000	19,707,000	-28,980,000	31,053,000					-24,355,000	-563,000	24,603,000	-5,791,000	3,215,000	1,336,000	9,434,000	-367,000	-9,937,000	10,363,000	-9,017,000	-7,880,000	6,895,000	2,863,000	28,000	3,633,000
cash and cash equivalents at beginning of year				0	0	0	1,080,200,000	0	0	0	1,173,400,000	0	0	0	300,500,000	0	0	0	683,500,000	0	0	0	174,300,000	0	0	0	128,200,000	0	0	0	154,400,000	0	0	0	122,800,000	0	0	0	104,300,000	0	0	0	106,200,000	0	0	83,600,000	0	0	97,600,000	0	0	84,600,000	0	0	72,900,000	0	0	0	43,002,000
cash and cash equivalents at end of year
interest paid during the year
income taxes paid during the year
cash and cash equivalents at end of the period					-36,200,000	-584,100,000	934,900,000		160,600,000	100,000	816,200,000
interest paid during the period					9,700,000	9,200,000	8,800,000		8,800,000	9,300,000	14,400,000		8,800,000	20,700,000	9,600,000		8,800,000	20,800,000	9,500,000		4,500,000	24,100,000	6,000,000		10,400,000	33,200,000	13,600,000		10,900,000	30,700,000	9,000,000		8,100,000	28,000,000	8,100,000		5,700,000	36,200,000	5,100,000		4,300,000	36,900,000	5,300,000	5,900,000	35,300,000	5,200,000	8,500,000	25,500,000	4,400,000	6,600,000	23,800,000	5,200,000	7,400,000	23,500,000	2,900,000		5,998,000	24,917,000	2,111,000		6,101,000	25,657,000	15,074,000	36,315,000	9,664,000	25,573,000	3,102,000	32,772,000	11,534,000	28,557,000	5,304,000	45,309,000	-2,805,000	23,690,000	4,112,000	8,599,000	4,338,000	8,407,000	3,965,000	9,524,000	4,383,000	9,927,000	4,691,000	10,880,000	1,253,000	10,263,000	995,000	10,507,000	5,290,000	5,759,000	560,000
income taxes paid during the period					49,400,000	137,500,000	10,200,000		114,200,000	169,800,000	21,200,000		169,600,000	337,400,000	89,800,000		116,000,000	174,400,000	6,900,000		52,200,000	10,900,000	5,200,000		49,800,000	116,000,000	7,900,000		56,900,000	105,500,000	9,000,000		28,100,000	104,100,000	3,000,000		9,200,000	52,300,000	5,700,000		50,100,000	95,000,000	23,200,000	41,200,000	57,200,000	5,300,000	49,500,000	55,900,000	9,800,000	76,200,000	109,800,000	32,600,000	50,600,000	56,700,000	4,200,000		32,029,000	13,379,000	1,692,000		2,794,000	6,379,000	19,087,000	82,781,000	76,979,000	96,032,000	11,432,000	37,411,000	71,777,000	109,443,000	2,514,000	58,680,000	59,222,000	90,572,000	5,427,000	32,761,000	28,154,000	56,845,000	1,149,000	31,469,000	28,835,000	35,445,000	4,840,000	6,332,000	243,000	3,462,000	309,000	1,412,000	7,673,000	10,963,000	53,000
principal payment on long-term debt											-500,000,000
acquisition, net of cash acquired							-53,700,000		0																														-290,900,000
impairment of intangible assets
deferred compensation plan contributions											-7,400,000
impairment of long-lived assets																				100,000	10,000,000	200,000	97,700,000	0	0			1,500,000				1,400,000				700,000				0
deferred income tax benefit												-5,600,000	-400,000	-300,000	-400,000		0	-100,000	-100,000		6,600,000	200,000	-33,500,000					800,000	-7,100,000																										-1,200,000		-1,071,000	-1,349,000	-486,000		-11,214,000	-1,434,000	-1,472,000
pension and postretirement benefit plan settlement expense
net short-term debt (repayments) borrowings																0												-23,800,000	-22,500,000							-700,000	1,600,000	-7,300,000	-6,200,000
debt issuance costs																				0																0																								0				0
payments for taxes related to net share settlements												-18,100,000	-4,500,000	0	-17,100,000
noncontrolling interest purchased																					0	0	-8,000,000
depreciation and amortization													60,400,000																																														29,078,000				29,847,000	28,104,000	27,010,000	21,445,000	21,365,000	22,421,000	19,791,000	19,210,000	18,451,000	17,342,000	16,511,000	16,800,000	11,821,000	11,825,000			11,162,000	11,481,000	11,034,000	11,066,000	11,046,000	10,711,000	11,123,000	7,532,000	7,504,000	7,249,000	7,365,000	7,111,000	6,821,000
postretirement benefit plan settlement expense																				0
dividends and dividend equivalents paid													-52,900,000	-53,900,000	-56,700,000	-44,700,000	-43,700,000	-43,800,000	-44,800,000	-41,300,000	-41,000,000	-39,900,000	-41,900,000	-38,000,000	-36,800,000	-36,900,000	-39,600,000	-34,800,000	-35,900,000	-36,100,000	-38,500,000	-32,700,000	-32,800,000	-32,800,000	-33,700,000	-30,900,000	-31,500,000	-29,000,000	-29,000,000
cash and cash equivalents at end of period													139,200,000	-43,500,000	548,000,000		-89,200,000	-32,700,000	760,300,000		368,900,000	50,600,000	172,100,000		24,500,000	7,900,000	133,600,000		-12,200,000	-21,100,000	145,400,000		23,700,000	12,700,000	133,800,000		26,800,000	-4,000,000	120,500,000		-37,800,000	30,300,000	101,600,000	-12,800,000	-100,000	113,600,000	4,100,000	700,000	100,100,000	27,000,000	23,600,000	70,000,000	-900,000	15,200,000	76,800,000		139,060,000	-4,903,000	52,306,000		-91,549,000	145,770,000	33,643,000		-46,161,000	-6,887,000	96,730,000		31,053,000	46,372,000	28,578,000		11,937,000	-24,355,000	34,459,000		-5,791,000	3,215,000	12,995,000		-367,000	-9,937,000	12,529,000		-7,880,000	6,895,000	12,168,000		3,633,000	4,957,000	687,000
gain on sales of property, plant and equipment																											-200,000	-17,600,000	-1,100,000	0	-100,000	-1,100,000	-4,500,000	0	-3,900,000	-100,000	-700,000	100,000	-500,000																							79,000	-117,000
noncontrolling interests purchased																																																												0	0
net short-term debt borrowings																				0											1,000,000	4,800,000	300,000							2,800,000	3,100,000	5,700,000	1,100,000			300,000			3,100,000							-749,000	3,501,000
non-cash investing and financing activities:
debt assumed in connection with acquisitions																																															0
provision for uncollectible accounts																					1,300,000	3,200,000	3,800,000	-1,800,000	1,400,000	2,100,000	1,700,000	-1,000,000	1,300,000
debt assumed in connection with acquisition
exercise of stock options																												0	0	0	2,800,000	1,800,000	600,000	0	2,800,000	6,200,000	1,200,000	13,600,000	16,500,000	4,100,000	400,000	4,500,000	6,100,000	6,600,000	12,900,000	8,400,000	19,100,000	10,800,000	31,600,000	10,900,000	5,100,000	4,600,000	200,000	5,500,000	3,900,000	3,814,000	4,525,000	4,146,000	8,763,000	6,431,000	583,000	3,414,000	62,000	906,000	225,000	13,297,000	3,559,000	5,436,000	251,000	5,457,000	5,339,000	4,263,000	319,000	1,297,000	1,236,000	3,063,000	1,545,000	451,000	5,752,000	2,372,000	1,387,000
effect of exchange rate changes on cash																																	2,200,000	1,500,000	3,300,000	-5,300,000	3,100,000	-3,100,000	2,600,000														2,700,000	400,000	1,000,000	1,256,000	753,000	-1,164,000	1,228,000	717,000	1,235,000	124,000	-651,000	755,000	-605,000	-42,000	-678,000	-112,000	152,000	251,000	-49,000	-27,000	28,000	-132,000	298,000	55,000	-211,000	-171,000	246,000	1,346,000	42,000	34,000	143,000	-87,000	264,000	606,000	-311,000	-315,000	-81,000	556,000	-37,000
proceeds from sale of business
loss on sales of property, plant and equipment																																																	200,000							369,000	-71,000	749,000	101,000
proceeds from sale of businesses
changes in operating assets and liabilities:
share-based compensation expense																																											3,700,000	7,200,000	8,000,000	4,900,000	6,800,000	7,800,000	6,700,000	5,700,000	6,600,000	4,900,000
dividends paid																																																							-9,000,000	-7,456,000	-7,428,000	-7,425,000	-7,383,000	-7,364,000	-7,349,000	-7,338,000	-7,332,000	-7,330,000	-7,324,000	-7,316,000	-7,259,000	-5,991,000	-6,042,000	-6,101,000	-6,073,000	-4,537,000	-4,527,000	-3,765,000	-3,316,000	-3,310,000	-3,297,000	-2,962,000	-2,961,000	-2,286,000	-2,278,000	-1,944,000	-1,940,000	-1,924,000	-1,907,000	-1,907,000	-1,905,000	-1,905,000	-1,903,000	-1,901,000	-1,896,000
(decrease) increase in cash and cash equivalents
(gain) loss on sales of property, plant and equipment
equity in earnings of unconsolidated entities																																																							-700,000	-480,000	389,000	32,000	-665,000	-690,000	-436,000	-204,000	-65,000
dividends received from unconsolidated entity																																												500,000
dividend received from unconsolidated entity
payment to noncontrolling interest holder
excess benefit (tax deficit) from share-based compensation																																														300,000
loss (gain) on sales of property, plant and equipment																																															-200,000
dividends received from unconsolidated entities																																															200,000	100,000	300,000	400,000	300,000	300,000			300,000				320,000	0
net proceeds from redemptions of life insurance policies																																															0	0	6,900,000
payments to noncontrolling interest holders																																																							-800,000						-735,000	147,000	-735,000
tax benefit from share-based compensation
tax (deficit) benefit from share-based compensation
adjustments to reconcile net income to net cash from operating activities: depreciation and amortization expense																																																	41,100,000
tax deficit from share-based compensation																																																	800,000			100,000
net gain from life insurance policies
acquisition of a metals service center
net loss from life insurance policies and other investments																																																		1,100,000
acquisitions of metals service centers, net of cash acquired
net investment in marketable securities
net investment in life insurance policies																																																																	0	0	-96,000	-30,766,000			-64,000
debt assumed in connection with acquisitions of metals service centers
tax (benefit) deficit from share-based compensation
investment in marketable securities
net proceeds from redemption of life insurance policies																																																			-2,100,000	2,800,000	1,300,000	2,200,000	100,000	449,000	0	2,127,000	1,756,000			1,931,000	2,463,000	-898,000	0	0	2,532,000
tax benefit (deficit) from share-based compensation
debt assumed in connection with an acquisition of a metals service center
adjustments to reconcile net income to net cash used in operating activities:
net loss from life insurance policies																																																					2,100,000	100,000	1,600,000	3,253,000	-506,000	888,000	582,000	-5,263,000	-2,769,000
acquisition of a metals service center, net of cash acquired
adjustments to reconcile net income to net cash provided by operating activities:
share based compensation expense																																																					5,600,000	6,000,000	4,800,000	4,619,000
tax deficit (excess benefit) from share based compensation																																																					-100,000
capital contributions from noncontrolling interests																																																								0
(tax deficit) excess benefit from share based compensation
excess tax benefit from share based compensation																																																								-723,000
deferred income tax expense
acquisitions of metals service centers, net of cash acquired and debt assumed
tax distributions made related to prior acquisitions																																																																0
net borrowings from (investment in) life insurance policies
issuance of common stock																																																												0	0	0	258,000	0	0	0	284,000	0	0	0	281,000	0	0	0	222,000	0	0	0	246,000	0	0	-3,558,000	3,794,000	-2,457,000	2,457,000	0	218,000	-4,006,000	766,000	2,592,000	883,000
common stock repurchases																																																																	0	0	-114,774,000
payments to noncontrolling interest holder																																																									-490,000
stock based compensation expense																																																										4,432,000	3,698,000	4,074,000	4,009,000	3,850,000	3,597,000	2,568,000	3,850,000	3,801,000	2,970,000	2,551,000	2,889,000	2,868,000	1,812,000		1,624,000	1,580,000	1,132,000
excess tax benefit from stock based compensation																																																										-5,247,000	2,343,000																-963,000
excess tax benefits from stock based compensation																																																											-2,343,000	-1,230,000	210,000			-312,000	-194,000	-6,705,000	-2,482,000	-3,449,000	-133,000	-3,539,000	-2,390,000		-185,000
proceeds from borrowings																																																											150,478,000	2,531,000	252,697,000	58,000	102,000,000	53,794,000	1,294,000,000	152,892,000	187,005,000	10,216,000	105,704,000	92,475,000	450,375,000	1,554,000,000	300,000,000	523,316,000	170,000,000	21,000,000	185,000,000	76,000,000	111,000,000	16,000,000	49,000,000	48,000,000	96,000,000	37,590,000	253,890,000	4,270,000	4,035,000	7,290,000	34,025,000	57,800,000	5,000,000
principal payments on long-term debt and short-term borrowings																																																											-71,237,000	-137,175,000	-445,290,000	-194,364,000	-411,625,000	-559,292,000	-968,811,000	-129,553,000	-140,946,000	-220,365,000	-131,554,000	-115,991,000	-310,610,000	-1,695,533,000			-150,457,000			-102,000,000	-138,250,000	-91,000,000	-62,150,000	-53,000,000	-67,250,000		-53,335,000	-30,035,000	-17,175,000	-21,600,000	-20,650,000	-61,330,000	-18,175,000
noncontrolling interest purchase																																																															-2,506,000
provision for deferred income taxes																																																																26,777,000	-1,808,000
loss on sales of property and equipment																																																																																				63,000	54,000
acquisitions of metals service centers and net asset purchases of metals service centers, net of cash acquired and debt assumed																																																																-847,000
net (investment in) borrowings from life insurance policies
issuance of short-term notes payable in connection with acquisition of a metals service center
cash and cash equivalents at beginning of period																																																													0	0	51,995,000		0	0	77,023,000		0	0	57,475,000		0	0	35,022,000		0	0	11,659,000		0	0	2,166,000		0	0	9,305,000		0	0	9,931,000
acquisition of metals service center and net asset purchase of metals service center, net of cash acquired
net income attributable to reliance																																																															20,118,000
noncontrolling interests																																																															270,000
net decrease in cash surrender value of life insurance policies																																																															1,386,000
debt premium amortization																																																																								-370,000	-887,000
gain on debt extinguishment
equity in earnings of unconsolidated subsidiaries																																																																-169,000
minority interest																																																																162,000	624,000	8,000	64,000	51,000	79,000	114,000	90,000	79,000	95,000	85,000	47,000	2,481,000	1,755,000	1,940,000	2,576,000	284,000	3,353,000	3,798,000	1,747,000	-405,000	-100,000	-208,000	-225,000	83,000	-132,000
decrease in cash surrender values of life insurance policies
proceeds from sales of property and equipment																																																																199,000	1,015,000	1,527,000	16,375,000	2,212,000	261,000	1,749,000	823,000	531,000	709,000	569,000	1,678,000	294,000	62,000	276,000	853,000	691,000	182,000	1,669,000	739,000	124,000	70,000	2,716,000	110,000	2,967,000	208,000	69,000	54,000
payments to minority shareholders																																																																								0	0	0	-1,291,000			-5,629,000	-541,000								-378,000
net refunds from letters of credit
common stock repurchase																																																																				-1,000
issuance of common stock and stock options in connection with acquisition of metals service center																																																																								0	0
issuance of common stock to employee retirement savings plan																																																																								0	0
decrease in cash surrender value of life insurance policies																																																																	1,280,000	21,000	432,000		541,000
acquisitions of metals service centers and net asset purchases of metals service centers, net of cash acquired																																																																				-12,317,000	-39,928,000	-364,000	-217,348,000	16,789,000	-215,469,000											0				-3,000	-29,174,000
gain on sales of machinery and equipment																																																																			-134,000		-93,000																		-45,000
deferred income taxes																																																																			-827,000	14,375,000	3,186,000	-5,281,000	-238,000	8,592,000	-53,000	-808,000	-436,000
accounts payable and accrued expenses																																																																			153,476,000	-97,809,000	-49,117,000	-34,160,000	118,253,000	-77,850,000	-2,141,000	-97,598,000	80,486,000	27,964,000	-751,000	-37,754,000	48,883,000	-22,234,000	16,397,000	3,916,000	69,662,000
gain on sales of property and equipment																																																																							-591,000									-75,000	82,000
tax benefit of stock options exercised
tax reimbursements made related to prior acquisitions
proceeds from redemption of life insurance policies																																																																								926,000
payment of debt issue costs
issuance of short-term notes payable in connection with acquisition of metals service center
tax distributions made related to a prior acquisition
payments to former minority shareholders
premiums paid on life insurance policies																																																																									-41,000
increase in cash surrender value of life insurance policies																																																																							-118,000
stock based compensation
excess tax benefit from stock option exercises
purchase of minority interest in foreign subsidiary
loss on sales of machinery and equipment																																																																										126,000	-527,000		28,000	-111,000	113,000				79,000						182,000	5,000	-4,000
increase in cash surrender value of life insurance policies.
principal payments on long-term debt and short-term borrowings.
tax benefit on stock options exercised																																																																													621,000	122,000	1,387,000
acquisition of metals service centers and net asset purchases of metals service centers, net of cash acquired																																																																											-34,826,000
tax reimbursements made related to prior acquisition																																																																																0	0
acquisition of metal service center, net of cash acquired
purchase of equity interest in foreign subsidiary
principal payments on long-term debt, capital lease obligations, and short-term borrowings
payments to minority partner																																																																																					0				-372,000
adjustments to reconcile net income to net cash from operating activities: depreciation and amortization
deferred taxes																																																																																				8,285,000
equity in earnings of 50%-owned company																																																																																								0	0	-139,000	-124,000
dividends received from 50%-owned company																																																																																								0	0	6,000	438,000
principal payments on long-term debt and short- term borrowings
net proceeds from common stock offering
other comprehensive income
unrealized loss on investments
repurchase of common stock
acquisition of metals service centers, net of cash acquired

Reliance Steel & Aluminum Co(NYSE:RS)

Reliance Steel & Aluminum Co
(NYSE:RS)