v3.25.4
Segment and geographic information (Tables)
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment The key performance indicators for the Company’s reportable segments are presented in the following table.
Certain totals presented below may not agree with the line items on the consolidated statements of
operations primarily due to (a) depreciation, depletion, accretion and amortization and (b) unallocated
corporate costs.
For the years ended December 31,
(In millions)
2025
2024
2023
Revenues:
Building Materials
$8,514
$8,329
$8,564
Building Envelope
3,301
3,375
3,113
Total Revenues
$11,815
$11,704
$11,677
Cost of revenues:
Building Materials
$5,693
$5,470
$5,956
Building Envelope
2,239
2,265
2,112
Total cost of revenues
$7,932
$7,735
$8,068
Other segment expenses(1):
Building Materials
$336
$307
$294
Building Envelope
330
340
316
Total other segment expenses
$666
$647
$610
Segment Adjusted EBITDA:
Building Materials
$2,485
$2,552
$2,314
Building Envelope
732
770
685
Total Segment Adjusted EBITDA
$3,217
$3,322
$2,999
Reconciling items:
Depreciation, depletion, accretion and amortization
(914)
(889)
(851)
Interest income
48
35
15
Interest expense
(461)
(547)
(564)
Acquisition and integration-related costs(2)
(64)
(46)
(30)
Litigation-related costs(3)
(46)
(9)
(8)
Loss on impairments(4)
(15)
(2)
(15)
Restructuring and other costs(5)
(19)
(16)
(52)
Spin-off and separation-related costs(6)
(43)
(24)
—
Unallocated corporate costs
(210)
(141)
(155)
Other non-operating income (expense), net(7)
4
(55)
(36)
Total reconciling items
(1,720)
(1,694)
(1,696)
Income before income tax expense and income from equity method investments
$1,497
$1,628
$1,303
_________
(1)Other segment expenses consist of selling, general and administrative expenses and gains on disposals of long-lived assets.
(2)Acquisition and integration-related costs are those incurred for business combinations, including advisory, legal, valuation, and other
professional fees. Certain warranty charges related to a pre-acquisition manufacturing issue are also included.
(3)Litigation-related costs include certain litigation settlements, environmental remediation, and legal-related consulting and professional
fees that are not representative of expenses arising in the ordinary course of business.
(4)Loss on impairments consist of one-time charges on the Company’s investments and property, plant and equipment.
(5)Restructuring and other costs include charges associated with non-core sites.
(6)Spin-Off and separation-related costs notably include rebranding costs.
(7)Other non-operating (income) expense, net primarily consists of costs related to pension and other postretirement benefit plans and
gains on proceeds from property and casualty insurance.
The Company’s capital expenditures by segment were as follows:
For the years ended December 31,
(In millions)
2025
2024
2023
Capital expenditures(1):
Building Materials
$654
$565
$555
Building Envelope
134
77
75
Total capital expenditures
$788
$642
$630
__________________
(1)Capital expenditures for the years ended December 31, 2025, 2024 and 2023 exclude noncash transactions for capital
expenditure-related accounts payable.
Reconciliation of Assets from Segment to Consolidated The Company’s assets by segment were as follows:
As of December 31,
(In millions)
2025
2024
Segment assets(1):
Building Materials
$14,993
$14,306
Building Envelope
6,959
6,987
Total segment assets
21,952
21,293
Other assets(2)
2,297
2,512
Total assets
$24,249
$23,805
__________________
(1)Segment assets are comprised of Accounts receivable, net, Inventories, Property, plant and equipment, net, Goodwill,
Intangible assets, net and Operating lease right-of-use assets, net.
(2)Other assets for the year ended December 31, 2025 include corporate-related Property, plant and equipment, net and
Operating lease right-of-use assets, net.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas Revenues by geographic area, attributed to countries based on the invoicing legal entity, were as follows:
For the years ended December 31,
(In millions)
2025
2024
2023
Revenues:
United States
$9,111
$9,026
$8,986
Canada
2,675
2,678
2,691
Other
29
—
—
Total revenues
$11,815
$11,704
$11,677
Long-lived assets by geographic area were as follows:
As of December 31,
(In millions)
2025
2024
Long-lived assets by geographical area (1) :
United States
$5,672
$5,467
Canada
2,244
2,067
Other
19
—
Total long-lived assets by geographical area
$7,935
$7,534
__________________
(1)Long-lived assets, which represents Property, plant and equipment, net, is comprised of land & mineral reserves,
buildings & installations, machines, furniture, vehicles and tools.