AG真人平台AG真人试玩

Quarterly report pursuant to Section 13 or 15(d)

REVENUES

v3.23.3
REVENUES
 9 Months Ended
Sep. 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
September 30,		 Nine Months Ended
September 30,
(In millions) 2023 2022 2023 2022
AG真人平台AG真人试玩making:
Automotive $ 1,958听 $ 1,734听 $ 5,808听 $ 4,985听
Infrastructure and manufacturing 1,427听 1,462听 4,315听 4,619听
Distributors and converters 1,321听 1,468听 4,020听 5,137听
AG真人平台AG真人试玩 producers
 737听 847听 2,234听 2,740听
Total AG真人平台AG真人试玩making 5,443听 5,511听 16,377听 17,481听
Other Businesses:
Automotive 133听 113听 415听 359听
Infrastructure and manufacturing 9听 14听 29听 43听
Distributors and converters 20听 15听 63听 62听
Total Other Businesses 162听 142听 507听 464听
Total revenues $ 5,605听 $ 5,653听 $ 16,884听 $ 17,945听
The following tables represent our Revenues by product line:
Three Months Ended
September 30,		 Nine Months Ended
September 30,
(In millions) 2023 2022 2023 2022
AG真人平台AG真人试玩making:
Hot-rolled steel $ 1,269听 $ 1,050听 $ 3,747听 $ 3,495听
Cold-rolled steel 651听 740听 2,038听 2,593听
Coated steel 1,748听 1,757听 5,154听 5,338听
Stainless and electrical steel 568听 596听 1,757听 1,765听
Plate 382听 432听 1,112听 1,306听
Slab and other steel products 322听 370听 1,015听 1,121听
Other 503听 566听 1,554听 1,863听
Total AG真人平台AG真人试玩making 5,443听 5,511听 16,377听 17,481听
Other Businesses:
Other 162听 142听 507听 464听
Total revenues $ 5,605听 $ 5,653听 $ 16,884听 $ 17,945听