v3.25.4

Equity method investments | 12 Months Ended
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Dec. 31, 2025
Equity Method Investments and Joint Ventures [Abstract] |
Equity method investments | Equity method investments The Company uses the equity method of accounting for its investments in entities over which the Company has the ability to exercise significant influence over operating and financial policies or exercise joint control with other investors but does not control and is not the primary beneficiary. Equity method investments are initially recognized at cost and are included within Other noncurrent assets on the consolidated balance sheets. The Company’s proportionate interest in the operating results of the entity is included within Income from equity method investments on the consolidated statements of operations. Equity method investments consisted of the following:
| Ownership percentage |  | Balance as of December 31, |  | Share of income for the year ended December 31,
(In millions, except for percentage data) |  |  | 2025 |  | 2024 |  | 2025 |  | 2024 |  | 2023
Quality Concrete Inc. | 47% |  | $22 |  | $20 |  | $3 |  | $3 |  | $2
Nelson Aggregate Co Partnership | 50% |  | 18 |  | 17 |  | 5 |  | 6 |  | 6
Others |  |  | 10 |  | 19 |  | 3 |  | 4 |  | 5
Total |  |  | $50 |  | $56 |  | $11 |  | $13 |  | $13

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 740 -SubTopic 323 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478156/740-323-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 323 -Publisher FASB -URI https://asc.fasb.org/323/tableOfContent + Details
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