AGÕæÈËƽ̨AGÕæÈËÊÔÍæ

Annual report pursuant to Section 13 and 15(d)

REVENUES (Tables)

v3.22.0.1
REVENUES (Tables)
 12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract] Ìý
Summary of Revenue by market and product line
The following table represents our Revenues by market:
(In Millions)
Year Ended December 31,
2021 2020 2019
AGÕæÈËƽ̨AGÕæÈËÊÔÍæmaking:
Automotive $ 4,726Ìý $ 2,062Ìý $ —Ì�
Infrastructure and manufacturing 5,380Ìý 784Ìý —Ì�
Distributors and converters 7,671Ìý 696Ìý —Ì�
AGÕæÈËƽ̨AGÕæÈËÊÔÍæ producers
 2,124 1,423Ìý 1,990Ìý
Total AGÕæÈËƽ̨AGÕæÈËÊÔÍæmaking 19,901Ìý 4,965Ìý 1,990Ìý
Other Businesses:
Automotive 426Ìý 329Ìý —Ì�
Infrastructure and manufacturing 47Ìý 34Ìý —Ì�
Distributors and converters 70Ìý 26Ìý —Ì�
Total Other Businesses 543Ìý 389Ìý —Ì�
Total revenues $ 20,444Ìý $ 5,354Ìý $ 1,990Ìý
The following table represents our Revenues by product line:
(Dollars In Millions, Sales Volumes in Thousands)
Year Ended December 31,
2021 2020 2019
Revenue
Volume1
Revenue
Volume1
Revenue
Volume1
AGÕæÈËƽ̨AGÕæÈËÊÔÍæmaking:
Hot-rolled steel $ 5,615Ìý 4,886Ìý $ 386Ìý 633Ìý $ —Ì� —Ì�
Cold-rolled steel 3,186Ìý 2,790Ìý 490Ìý 682Ìý —Ì� —Ì�
Coated steel 5,864Ìý 5,056Ìý 1,747Ìý 1,911Ìý —Ì� —Ì�
Stainless and electrical steel 1,622Ìý 674Ìý 868Ìý 416Ìý —Ì� —Ì�
Plate 1,316Ìý 1,020Ìý 46Ìý 62Ìý —Ì� —Ì�
Other steel products 1,247Ìý 1,460Ìý 46Ìý 79Ìý —Ì� —Ì�
Other 1,051Ìý N/A 1,382Ìý N/A 1,990Ìý N/A
Total steelmaking 19,901Ìý 4,965Ìý 1,990Ìý
Other Businesses:
Other 543Ìý N/A 389Ìý N/A —Ì� N/A
Total revenues $ 20,444Ìý $ 5,354Ìý $ 1,990Ìý
1 All product volumes are stated in net tons.
Summary of Deferred Revenue
The table below summarizes our deferred revenue balances:
(In Millions)
Deferred Revenue (Current) Deferred Revenue (Long-Term)
2021 2020 2021 2020
Opening balance as of January 1 $ 7Ìý $ 22Ìý $ â€�Ìý $ 26Ìý
Net increase (decrease) 18Ìý (15) â€�Ìý (26)
Closing balance as of December 31 $ 25Ìý $ 7Ìý $ â€�Ìý $ —Ì�