AG真人平台AG真人试玩

Annual report [Section 13 and 15(d), not S-K Item 405]

REVENUES

v3.25.0.1
REVENUES
 12 Months Ended
Dec. 31, 2024
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. Revenue by market and product are presented net of intersegment revenues, which are entirely related to the AG真人平台AG真人试玩making segment.
The following table represents our Revenues by market:
Year Ended December 31,
(In millions) 2024 2023 2022
AG真人平台AG真人试玩making:
Automotive $ 5,571听 $ 7,440听 $ 6,661听
Infrastructure and manufacturing 5,208听 5,612听 5,869听
Distributors and converters 5,281听 5,330听 6,388听
AG真人平台AG真人试玩 producers
 2,469听 2,949听 3,465听
Total AG真人平台AG真人试玩making 18,529听 21,331听 22,383听
Other Businesses:
Automotive 540听 545听 478听
Infrastructure and manufacturing 39听 38听 52听
Distributors and converters 77听 82听 76听
Total Other Businesses 656听 665听 606听
Total revenues $ 19,185听 $ 21,996听 $ 22,989听
The following table represents our Revenues by product line:
Year Ended December 31,
(In millions) 2024 2023 2022
AG真人平台AG真人试玩making:
Hot-rolled steel $ 4,276听 $ 4,864听 $ 4,529听
Cold-rolled steel 2,712听 2,658听 3,193听
Coated steel 5,773听 6,661听 6,905听
Stainless and electrical steel 1,807听 2,281听 2,284听
Plate 1,119听 1,444听 1,651听
Slab and other steel products 1,178听 1,329听 1,492听
Other 1,664听 2,094听 2,329听
Total AG真人平台AG真人试玩making 18,529听 21,331听 22,383听
Other Businesses:
Other 656听 665听 606听
Total revenues $ 19,185听 $ 21,996听 $ 22,989听