日韩三级片

Quarterly report pursuant to Section 13 or 15(d)

REVENUES

v3.22.2
REVENUES
 6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract] 听
REVENUES
NOTE 4 - 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:
(In Millions) (In Millions)
Three Months Ended
June 30,		 Six Months Ended
June 30,
2022 2021 2022 2021
Steelmaking:
Automotive $ 1,644听 $ 1,130听 $ 3,251听 $ 2,428听
Infrastructure and manufacturing 1,615听 1,312听 3,157听 2,286听
Distributors and converters 1,840听 1,948听 3,669听 3,225听
Steel producers
 1,077听 532听 1,893听 902听
Total Steelmaking 6,176听 4,922听 11,970听 8,841听
Other Businesses:
Automotive 124听 96听 246听 201听
Infrastructure and manufacturing 14听 11听 29听 21听
Distributors and converters 23听 16听 47听 31听
Total Other Businesses 161听 123听 322听 253听
Total revenues $ 6,337听 $ 5,045听 $ 12,292听 $ 9,094听
The following tables represent our Revenues by product line:
(Dollars in Millions,
Sales Volumes in Thousands of Net Tons)
Three Months Ended June 30,
2022 2021
Revenue Volume Revenue Volume
Steelmaking:
Hot-rolled steel $ 1,251听 1,038听 $ 1,485听 1,386听
Cold-rolled steel 869听 590听 773听 720听
Coated steel 1,806听 1,191听 1,379听 1,247听
Stainless and electrical steel 618听 194听 397听 168听
Plate 453听 238听 321听 273听
Other steel products 417听 390听 345听 411听
Other 762听 N/A 222听 N/A
Total Steelmaking 6,176听 4,922听
Other Businesses:
Other 161听 N/A 123听 N/A
Total revenues $ 6,337听 $ 5,045听
(Dollars in Millions,
Sales Volumes in Thousands of Net Tons)
Six Months Ended June 30,
2022 2021
Revenue Volume Revenue Volume
Steelmaking:
Hot-rolled steel $ 2,445听 1,941听 $ 2,404听 2,568听
Cold-rolled steel 1,853听 1,241听 1,417听 1,468听
Coated steel 3,581听 2,433听 2,703听 2,616听
Stainless and electrical steel 1,169听 383听 760听 335听
Plate 874听 459听 572听 548听
Other steel products 751听 821听 635听 814听
Other 1,297听 N/A 350听 N/A
Total Steelmaking 11,970听 8,841听
Other Businesses:
Other 322听 N/A 253听 N/A
Total revenues $ 12,292听 $ 9,094听