ACQUISITIONS - Overview (Details) - Ferrous Processing and Trading - USD ($) $ in Millions |
6 Months Ended | |
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Nov. 18, 2021 |
Jun. 30, 2022 |
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Business Acquisition [Line Items] | ||
Acquisition-related costs | $ 1 | |
Cash consideration pursuant to the FPT Acquisition Agreement | $ 778 | |
Estimated cash consideration payable related to Internal Revenue Code Section 338(h)(10) | 35 | |
Total cash consideration | 813 | |
Fair value of settlement of a pre-existing relationship | (20) | |
Total purchase consideration | $ 793 |
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- Definition Business Combination, Separately Recognized Transactions, Settlement of Preexisting Relationship No definition available.
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- Definition Cash Consideration Payable from Business Combination No definition available.
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- Definition Payments to Acquire Businesses, Pursuant to Transaction Agreement No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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