AG真人平台AG真人试玩

Quarterly report pursuant to Section 13 or 15(d)

REVENUES

v3.23.2
REVENUES
 6 Months Ended
Jun. 30, 2023
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
June 30,		 Six Months Ended
June 30,
(In millions) 2023 2022 2023 2022
AG真人平台AG真人试玩making:
Automotive $ 1,980听 $ 1,644听 $ 3,850听 $ 3,251听
Infrastructure and manufacturing 1,591听 1,615听 2,888听 3,157听
Distributors and converters 1,441听 1,840听 2,699听 3,669听
AG真人平台AG真人试玩 producers
 796听 1,077听 1,497听 1,893听
Total AG真人平台AG真人试玩making 5,808听 6,176听 10,934听 11,970听
Other Businesses:
Automotive 143听 124听 282听 246听
Infrastructure and manufacturing 10听 14听 20听 29听
Distributors and converters 23听 23听 43听 47听
Total Other Businesses 176听 161听 345听 322听
Total revenues $ 5,984听 $ 6,337听 $ 11,279听 $ 12,292听
The following tables represent our Revenues by product line:
Three Months Ended
June 30,		 Six Months Ended
June 30,
(In millions) 2023 2022 2023 2022
AG真人平台AG真人试玩making:
Hot-rolled steel $ 1,357听 $ 1,251听 $ 2,478听 $ 2,445听
Cold-rolled steel 748听 869听 1,387听 1,853听
Coated steel 1,789听 1,806听 3,406听 3,581听
Stainless and electrical steel 615听 618听 1,189听 1,169听
Plate 399听 453听 730听 874听
Slab and other steel products 366听 417听 693听 751听
Other 534听 762听 1,051听 1,297听
Total AG真人平台AG真人试玩making 5,808听 6,176听 10,934听 11,970听
Other Businesses:
Other 176听 161听 345听 322听
Total revenues $ 5,984听 $ 6,337听 $ 11,279听 $ 12,292听