Same goes for reducing sauces—sauces will reduce just as fast in a 12-inch sauté pan as in a 12-inch skillet.
A note on storage: Our favorite way to store frying pans is to hang them. But if you have a nonstick cookware set and you'd rather stack them, make sure to place a couple of paper towels or reusable pan separators between each so they don't scratch one another.