ACQUISITIONS - Consideration (Details) - Ferrous Processing and Trading $ in Millions |
Nov. 18, 2021
USD ($)
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Business Acquisition [Line Items] | |
Cash consideration pursuant to the FPT Acquisition Agreement | $ 778 |
Cash consideration paid related to IRC Section 338(h)(10) | 23 |
Total cash consideration | 801 |
Fair value of settlement of a pre-existing relationship | (20) |
Total purchase consideration | $ 781 |
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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. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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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