AG真人平台AG真人试玩

Quarterly report pursuant to Section 13 or 15(d)

REVENUES

v3.24.3
REVENUES
 9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract] 听
REVENUES
NOTE 3 - REVENUES
We generate our revenue through product sales, in which shipping terms indicate when we have fulfilled our performance obligations and transferred control of products to our customer. Our revenue transactions consist of a single performance obligation to transfer promised goods. Our contracts with customers define the mechanism for determining the sales price, which is generally fixed upon transfer of control, but the contracts generally do not impose a specific quantity on either party. Quantities to be delivered to the customer are determined at a point near the date of delivery through purchase orders or other written instructions we receive from the customer. Spot market sales are made through purchase orders or other written instructions. We consider our performance obligation to be complete and recognize revenue when control transfers in accordance with shipping terms.
Revenue is measured as the amount of consideration we expect to receive in exchange for transferring product. We reduce the amount of revenue recognized for estimated returns and other customer credits, such as discounts and volume rebates, based on the expected value to be realized. Payment terms are consistent with terms standard to the markets we serve. Sales taxes collected from customers are excluded from revenues.
The following table represents our Revenues by market:
Three Months Ended
September 30,		 Nine Months Ended
September 30,
(In millions) 2024 2023 2024 2023
AG真人平台AG真人试玩making:
Direct automotive $ 1,334听 $ 1,958听 $ 4,411听 $ 5,808听
Infrastructure and manufacturing 1,160听 1,427听 3,973听 4,315听
Distributors and converters 1,317听 1,321听 4,131听 4,020听
AG真人平台AG真人试玩 producers
 608听 737听 1,846听 2,234听
Total AG真人平台AG真人试玩making 4,419听 5,443听 14,361听 16,377听
Other Businesses:
Direct automotive 123听 133听 411听 415听
Infrastructure and manufacturing 9听 9听 29听 29听
Distributors and converters 18听 20听 59听 63听
Total Other Businesses 150听 162听 499听 507听
Total revenues $ 4,569听 $ 5,605听 $ 14,860听 $ 16,884听
The following tables represent our Revenues by product line:
Three Months Ended
September 30,		 Nine Months Ended
September 30,
(In millions) 2024 2023 2024 2023
AG真人平台AG真人试玩making:
Hot-rolled steel $ 1,003听 $ 1,269听 $ 3,246听 $ 3,747听
Cold-rolled steel 671听 651听 2,131听 2,038听
Coated steel 1,377听 1,748听 4,546听 5,154听
Stainless and electrical steel 449听 568听 1,390听 1,757听
Plate 237听 382听 887听 1,112听
Slab and other steel products 276听 322听 929听 1,015听
Other 406听 503听 1,232听 1,554听
Total AG真人平台AG真人试玩making 4,419听 5,443听 14,361听 16,377听
Other Businesses:
Other 150听 162听 499听 507听
Total revenues $ 4,569听 $ 5,605听 $ 14,860听 $ 16,884听