$RS
RELIANCE, INC.

2021 Q4 Form 10-Q Financial Statement

#000155837021014546 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $3.989B $3.847B $2.086B
YoY Change 86.9% 84.47% -22.35%
Cost Of Revenue $2.745B $2.636B $1.410B
YoY Change 91.73% 87.01% -24.66%
Gross Profit $1.243B $1.211B $676.1M
YoY Change 76.71% 79.13% -17.01%
Gross Profit Margin 31.17% 31.48% 32.42%
Selling, General & Admin $617.9M $606.8M $449.2M
YoY Change 33.69% 35.08% -13.4%
% of Gross Profit 49.7% 50.1% 66.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.10M $56.70M $56.40M
YoY Change 2.83% 0.53% 2.92%
% of Gross Profit 4.67% 4.68% 8.34%
Operating Expenses $676.0M $606.8M $449.2M
YoY Change 30.33% 35.08% -13.4%
Operating Profit $567.3M $547.6M $160.5M
YoY Change 206.81% 241.18% -33.46%
Interest Expense -$15.70M $15.60M $15.70M
YoY Change 0.0% -0.64% -23.41%
% of Operating Profit -2.77% 2.85% 9.78%
Other Income/Expense, Net $500.0K $600.0K -$17.80M
YoY Change -131.25% -103.37% 673.91%
Pretax Income $547.4M $532.6M $127.0M
YoY Change 229.56% 319.37% -41.85%
Income Tax $125.1M $135.9M $28.70M
% Of Pretax Income 22.85% 25.52% 22.6%
Net Earnings $421.3M $396.7M $98.30M
YoY Change 222.84% 303.56% -40.02%
Net Earnings / Revenue 10.56% 10.31% 4.71%
Basic Earnings Per Share $6.25 $1.53
Diluted Earnings Per Share $6.639M $6.15 $1.51
COMMON SHARES
Basic Shares Outstanding 62.65M 63.28M 63.76M
Diluted Shares Outstanding 64.35M 64.69M

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $300.5M $638.4M $591.6M
YoY Change -56.04% 7.91% 256.39%
Cash & Equivalents $300.5M $638.4M $591.6M
Short-Term Investments
Other Short-Term Assets $111.6M $74.30M $66.60M
YoY Change 38.63% 11.56% -4.31%
Inventory $2.065B $1.878B $1.423B
Prepaid Expenses
Receivables $1.683B $1.694B $943.9M
Other Receivables $0.00 $0.00 $6.900M
Total Short-Term Assets $4.160B $4.284B $3.032B
YoY Change 33.64% 41.29% -4.2%
LONG-TERM ASSETS
Property, Plant & Equipment $1.837B $1.803B $1.799B
YoY Change 2.49% 0.18% 1.33%
Goodwill $2.108B $1.935B $1.925B
YoY Change 8.91% 0.55% 2.78%
Intangibles $1.078B $919.5M $955.8M
YoY Change 13.79% -3.8% -8.16%
Long-Term Investments
YoY Change
Other Assets $129.2M $111.2M $91.70M
YoY Change 11.86% 21.26% 18.02%
Total Long-Term Assets $5.376B $4.968B $4.967B
YoY Change 7.65% 0.03% 0.02%
TOTAL ASSETS
Total Short-Term Assets $4.160B $4.284B $3.032B
Total Long-Term Assets $5.376B $4.968B $4.967B
Total Assets $9.536B $9.252B $7.999B
YoY Change 17.63% 15.67% -1.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $453.9M $519.4M $260.0M
YoY Change 75.05% 99.77% -32.63%
Accrued Expenses $148.2M $117.0M $103.2M
YoY Change 66.7% 13.37% 9.32%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.000M $4.900M $5.800M
YoY Change -16.67% -15.52% -91.1%
Total Short-Term Liabilities $1.065B $1.007B $601.9M
YoY Change 73.74% 67.32% -23.67%
LONG-TERM LIABILITIES
Long-Term Debt $1.642B $1.641B $1.638B
YoY Change 0.19% 0.19% 3.81%
Other Long-Term Liabilities $7.000M $22.30M $32.30M
YoY Change -73.78% -30.96% 130.71%
Total Long-Term Liabilities $1.649B $1.664B $1.671B
YoY Change -1.0% -0.41% 4.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.065B $1.007B $601.9M
Total Long-Term Liabilities $1.649B $1.664B $1.671B
Total Liabilities $2.714B $2.671B $2.273B
YoY Change 19.11% 17.53% -4.54%
SHAREHOLDERS EQUITY
Retained Earnings $6.155B $5.944B $5.126B
YoY Change 18.53% 15.96% 1.26%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.087B $5.861B $5.040B
YoY Change
Total Liabilities & Shareholders Equity $9.536B $9.252B $7.999B
YoY Change 17.63% 15.67% -1.63%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $421.3M $396.7M $98.30M
YoY Change 222.84% 303.56% -40.02%
Depreciation, Depletion And Amortization $58.10M $56.70M $56.40M
YoY Change 2.83% 0.53% 2.92%
Cash From Operating Activities $393.8M $142.2M $296.3M
YoY Change 71.07% -52.01% -39.64%
INVESTING ACTIVITIES
Capital Expenditures -$57.70M -$55.10M -$38.20M
YoY Change 54.69% 44.24% -35.14%
Acquisitions
YoY Change
Other Investing Activities -$446.4M $5.500M $6.900M
YoY Change 1807.69% -20.29% 40.82%
Cash From Investing Activities -$504.1M -$49.60M -$31.30M
YoY Change 730.48% 58.47% -42.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -227.1M -179.4M 98.70M
YoY Change 157.78% -281.76% -124.33%
NET CHANGE
Cash From Operating Activities 393.8M 142.2M 296.3M
Cash From Investing Activities -504.1M -49.60M -31.30M
Cash From Financing Activities -227.1M -179.4M 98.70M
Net Change In Cash -337.4M -86.80M 363.7M
YoY Change -514.5% -123.87% 1065.71%
FREE CASH FLOW
Cash From Operating Activities $393.8M $142.2M $296.3M
Capital Expenditures -$57.70M -$55.10M -$38.20M
Free Cash Flow $451.5M $197.3M $334.5M
YoY Change 68.79% -41.02% -39.16%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q3 rs Majority Interest Ownership Percentage By Parent
MajorityInterestOwnershipPercentageByParent
1
CY2021Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q3 us-gaap Assets Current
AssetsCurrent
4284000000.0
CY2020Q4 us-gaap Assets Current
AssetsCurrent
3112800000
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
63600000
CY2021Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
62694000
dei Entity Central Index Key
EntityCentralIndexKey
0000861884
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
dei Entity Registrant Name
EntityRegistrantName
RELIANCE STEEL & ALUMINUM CO
CY2021Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-13122
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
95-1142616
dei Entity Address Address Line1
EntityAddressAddressLine1
350 South Grand Avenue, Suite 5100
dei Entity Address City Or Town
EntityAddressCityOrTown
Los Angeles
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
90071
dei City Area Code
CityAreaCode
213
dei Local Phone Number
LocalPhoneNumber
687-7700
dei Security12b Title
Security12bTitle
Common Stock, $0.001 par value
dei Trading Symbol
TradingSymbol
RS
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2021Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
62654519
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
638400000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
683500000
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
28000000.0
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
19000000.0
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1693500000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
926300000
CY2021Q3 us-gaap Inventory Net
InventoryNet
1877800000
CY2020Q4 us-gaap Inventory Net
InventoryNet
1420400000
CY2021Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
74300000
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
80500000
CY2020Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
2100000
CY2021Q3 us-gaap Land
Land
256200000
CY2020Q4 us-gaap Land
Land
260100000
CY2021Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1266200000
CY2020Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1240000000.0
CY2021Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2208600000
CY2020Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2107800000
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1928400000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1815700000
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1802600000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1792200000
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
199800000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
204000000.0
CY2021Q3 us-gaap Goodwill
Goodwill
1935300000
CY2020Q4 us-gaap Goodwill
Goodwill
1935200000
CY2021Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
919500000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
947100000
CY2021Q3 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
30800000
CY2020Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
43700000
CY2021Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
80400000
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
71800000
CY2021Q3 us-gaap Assets
Assets
9252400000
CY2020Q4 us-gaap Assets
Assets
8106800000
CY2021Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
519400000
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
259300000
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
117000000.0
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
88900000
CY2021Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
239600000
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
165800000
CY2021Q3 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
40800000
CY2020Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
42000000.0
CY2021Q3 rs Long Term Debt Current And Short Term Debt
LongTermDebtCurrentAndShortTermDebt
4900000
CY2020Q4 rs Long Term Debt Current And Short Term Debt
LongTermDebtCurrentAndShortTermDebt
6000000.0
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
48900000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
51000000.0
CY2021Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
36500000
CY2021Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1007100000
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
613000000.0
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1641400000
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1638900000
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
151900000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
154100000
CY2021Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
105800000
CY2020Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
95800000
CY2021Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
22300000
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
26700000
CY2021Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
456000000.0
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
455600000
CY2021Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2021Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1410400000
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
62694000
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
63600000
CY2021Q3 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
100000
CY2020Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
100000
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5943500000
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5193200000
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-82900000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-77900000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
5860700000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
5115400000
CY2021Q3 us-gaap Minority Interest
MinorityInterest
7200000
CY2020Q4 us-gaap Minority Interest
MinorityInterest
7300000
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5867900000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5122700000
CY2021Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9252400000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8106800000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3847400000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2085600000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10104600000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6677800000
CY2021Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
2636300000
CY2020Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
1409500000
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
6857600000
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
4606300000
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
606800000
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
449200000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1688600000
CY2021Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56700000
CY2020Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56400000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
172100000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
170800000
CY2020Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
10000000.0
us-gaap Asset Impairment Charges
AssetImpairmentCharges
107900000
CY2021Q3 us-gaap Costs And Expenses
CostsAndExpenses
3299800000
CY2020Q3 us-gaap Costs And Expenses
CostsAndExpenses
1925100000
us-gaap Costs And Expenses
CostsAndExpenses
8718300000
us-gaap Costs And Expenses
CostsAndExpenses
6295400000
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
547600000
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
160500000
us-gaap Operating Income Loss
OperatingIncomeLoss
1386300000
us-gaap Operating Income Loss
OperatingIncomeLoss
382400000
CY2021Q3 us-gaap Interest Expense
InterestExpense
15600000
CY2020Q3 us-gaap Interest Expense
InterestExpense
15700000
us-gaap Interest Expense
InterestExpense
47000000.0
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
395700000
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
97600000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
991700000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
239500000
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.15
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
15.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.66
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.25
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65503000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63275000
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63758000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63526000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64578000
CY2021Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.6875
CY2020Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.6250
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.0625
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.8750
us-gaap Profit Loss
ProfitLoss
241900000
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000.0
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
700000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3400000
CY2021Q3 us-gaap Profit Loss
ProfitLoss
396700000
CY2020Q3 us-gaap Profit Loss
ProfitLoss
98300000
us-gaap Profit Loss
ProfitLoss
995100000
us-gaap Profit Loss
ProfitLoss
241900000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2400000
us-gaap Interest Expense
InterestExpense
47200000
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
600000
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-17800000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3600000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-23100000
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
532600000
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
127000000.0
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1335700000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
312100000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
135900000
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28700000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
340600000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
70200000
CY2021Q3 us-gaap Profit Loss
ProfitLoss
396700000
CY2020Q3 us-gaap Profit Loss
ProfitLoss
98300000
us-gaap Profit Loss
ProfitLoss
995100000
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
15.61
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.71
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64350000
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64688000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64617000
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
11500000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5000000.0
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-11200000
CY2020Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-15800000
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-8300000
CY2020Q1 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
8000000.0
CY2020Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
500000
CY2020Q1 rs Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Net Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodNetRecognitionValue
3800000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-19500000
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
300000
CY2020Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
300000000.0
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
387400000
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
124900000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
986700000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
247800000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5214100000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
62900000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-31400000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8300000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
27300000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5000000.0
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8300000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
388400000
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
125600000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
990100000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
250200000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1000000.0
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
700000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3400000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2400000
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.625
CY2020Q1 rs Dividends And Dividend Equivalents Common Stock Cash
DividendsAndDividendEquivalentsCommonStockCash
41900000
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4899300000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
80700000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
12400000
CY2020Q2 rs Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Net Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodNetRecognitionValue
9000000.0
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.625
CY2020Q2 rs Dividends And Dividend Equivalents Common Stock Cash
DividendsAndDividendEquivalentsCommonStockCash
39900000
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4961500000
CY2020Q3 us-gaap Profit Loss
ProfitLoss
98300000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
27300000
CY2020Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
800000
CY2020Q3 rs Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Net Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodNetRecognitionValue
2200000
CY2020Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
200000
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.625
CY2020Q3 rs Dividends And Dividend Equivalents Common Stock Cash
DividendsAndDividendEquivalentsCommonStockCash
41000000.0
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5047300000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5122700000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
268200000
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1200000
CY2021Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2400000
CY2021Q1 rs Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Net Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodNetRecognitionValue
6500000
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.6875
CY2021Q1 rs Dividends And Dividend Equivalents Common Stock Cash
DividendsAndDividendEquivalentsCommonStockCash
44800000
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.6875
rs Payments Of Ordinary Dividends Common Stock And Dividend Equivalents
PaymentsOfOrdinaryDividendsCommonStockAndDividendEquivalents
132300000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
330200000
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5349000000.0
rs Payments Of Ordinary Dividends Common Stock And Dividend Equivalents
PaymentsOfOrdinaryDividendsCommonStockAndDividendEquivalents
122800000
CY2021Q2 rs Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Net Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodNetRecognitionValue
23100000
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
24000000.0
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4500000
CY2021Q2 rs Dividends And Dividend Equivalents Common Stock Cash
DividendsAndDividendEquivalentsCommonStockCash
43800000
us-gaap Profit Loss
ProfitLoss
241900000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
172100000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
170800000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
107900000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
10600000
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
1673700000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
300000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
8300000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1615400000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6400000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5639000000.0
CY2021Q3 us-gaap Profit Loss
ProfitLoss
396700000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8300000
CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1100000
CY2021Q3 rs Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Net Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodNetRecognitionValue
16300000
CY2021Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
131000000.0
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.6875
CY2021Q3 rs Dividends And Dividend Equivalents Common Stock Cash
DividendsAndDividendEquivalentsCommonStockCash
43700000
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5867900000
us-gaap Profit Loss
ProfitLoss
995100000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-200000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-26700000
us-gaap Share Based Compensation
ShareBasedCompensation
55100000
us-gaap Share Based Compensation
ShareBasedCompensation
29900000
us-gaap Pension Expense Reversal Of Expense Noncash
PensionExpenseReversalOfExpenseNoncash
19400000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1300000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-10300000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
774600000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-114400000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
453300000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-221900000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-47700000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-81900000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
354400000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-37200000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
405600000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
942800000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
178900000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
134700000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
26800000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6200000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3900000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-800000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-148200000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-127700000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-800000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
700000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-301800000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
155000000.0
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
300200000
rs Payments To Acquire Noncontrolling Interest In Subsidiaries
PaymentsToAcquireNoncontrollingInterestInSubsidiaries
8000000.0
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-13400000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-16500000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-394900000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-700000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2900000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-45100000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
417300000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
683500000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
174300000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
638400000
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
591600000
us-gaap Interest Paid Net
InterestPaidNet
39100000
us-gaap Interest Paid Net
InterestPaidNet
34600000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
297300000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
68300000
rs Intangible Assets Excluding Goodwill Foreign Currency Translation Adjustment
IntangibleAssetsExcludingGoodwillForeignCurrencyTranslationAdjustment
-2800000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3847400000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2085600000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10104600000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6677800000
CY2020Q4 us-gaap Goodwill
Goodwill
1935200000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
100000
CY2021Q3 us-gaap Goodwill
Goodwill
1935300000
CY2021Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
632600000
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
433300000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
633100000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
406200000
CY2021Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1352800000
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
433300000
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1353300000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
406200000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
27500000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30300000
rs Intangible Assets Excluding Goodwill Foreign Currency Translation Adjustment
IntangibleAssetsExcludingGoodwillForeignCurrencyTranslationAdjustment
-100000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
9000000.0
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
35900000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
31600000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
42900000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
34400000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
24300000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
23900000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
14400000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
28100000
CY2021Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1662600000
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1663700000
CY2021Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
16300000
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
18800000
CY2021Q3 rs Long Term Debt Current And Short Term Debt
LongTermDebtCurrentAndShortTermDebt
4900000
CY2020Q4 rs Long Term Debt Current And Short Term Debt
LongTermDebtCurrentAndShortTermDebt
6000000.0
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1641400000
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1638900000
rs Number Of Financial Covenants
NumberOfFinancialCovenants
2
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
19900000
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
20400000
us-gaap Operating Lease Cost
OperatingLeaseCost
58800000
us-gaap Operating Lease Cost
OperatingLeaseCost
61900000
us-gaap Operating Lease Payments
OperatingLeasePayments
58900000
us-gaap Operating Lease Payments
OperatingLeasePayments
61500000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
36600000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
35800000
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.037
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
230000000.0
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
14700000
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
52600000
CY2021Q3 rs Lessee Operating Lease Liability Payments Due Year Five And After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFiveAndAfterYearFive
61100000
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.226
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.225
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
29200000
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
200800000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.255
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.255
CY2021Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.6875
CY2021Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.6875
CY2020Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.625
CY2021Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
43600000
CY2020Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
39800000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.0625
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.875
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
131200000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
120700000
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000.0
CY2021Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
885606
CY2021Q3 rs Stock Repurchase Acquired Average Cost Per Share
StockRepurchaseAcquiredAverageCostPerShare
147.89
CY2021Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
131000000.0
CY2020Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
2466
CY2020Q3 rs Stock Repurchase Acquired Average Cost Per Share
StockRepurchaseAcquiredAverageCostPerShare
100.00
CY2020Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
200000
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1000000.0
rs Stock Repurchase Acquired Average Cost Per Share
StockRepurchaseAcquiredAverageCostPerShare
150.12
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
155000000.0
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
3300000
rs Stock Repurchase Acquired Average Cost Per Share
StockRepurchaseAcquiredAverageCostPerShare
90.10
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
300200000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-77900000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5000000.0
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-82900000
CY2021Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
5800000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
5800000
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
395700000
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
97600000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
991700000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
239500000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63275000
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63758000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63526000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64578000
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1075000
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
930000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1091000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
925000
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64350000
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64688000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64617000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65503000
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.15
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
15.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.66
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.25
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
15.61
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.71
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
154882
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
244006
us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
9200000
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
200000
CY2020Q3 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
9500000
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
98500000
CY2020Q3 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
500000
CY2020Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
10000000.0
us-gaap Asset Impairment Charges
AssetImpairmentCharges
107900000
CY2020Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
14600000
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
100000
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
157700000
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
157700000
CY2020Q1 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
137500000

Files In Submission

Name View Source Status
0001558370-21-014546-index-headers.html Edgar Link pending
0001558370-21-014546-index.html Edgar Link pending
0001558370-21-014546.txt Edgar Link pending
0001558370-21-014546-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
rs-20210930.xsd Edgar Link pending
rs-20210930x10q.htm Edgar Link pending
rs-20210930x10q003.jpg Edgar Link pending
rs-20210930x10q_htm.xml Edgar Link completed
rs-20210930xex31d1.htm Edgar Link pending
rs-20210930xex31d2.htm Edgar Link pending
rs-20210930xex32.htm Edgar Link pending
rs-20210930_cal.xml Edgar Link unprocessable
rs-20210930_def.xml Edgar Link unprocessable
rs-20210930_lab.xml Edgar Link unprocessable
rs-20210930_pre.xml Edgar Link unprocessable
Show.js Edgar Link pending