XML 78 R53.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Segment information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Segment Reporting [Abstract] |
Summary of Operating Segments Disclosures | The key performance measures for the Company’s reportable segments for the years ended December 31 were:
| Revenues | Adjusted EBITDA
in $ millions | 2023 | 2022 | 2021 | 2023 | 2022 | 2021
Americas Materials Solutions | 15,435 | 14,324 | 12,407 | 3,059 | 2,638 | 2,543
Americas Building Solutions | 7,017 | 6,188 | 4,628 | 1,442 | 1,219 | 720
Europe Materials Solutions | 9,690 | 9,349 | 9,389 | 1,395 | 1,195 | 1,228
Europe Building Solutions | 2,807 | 2,862 | 2,782 | 280 | 336 | 315
Total revenues and Adjusted EBITDA | 34,949 | 32,723 | 29,206 | 6,176 | 5,388 | 4,806
in $ millions | 2023 | 2022 | 2021
Adjusted EBITDA | 6,176 | 5,388 | 4,806
Depreciation, depletion and amortization | (1,633) | (1,552) | (1,479)
Loss on impairments (i) | (357) | – | –
Interest income | 206 | 65 | –
Interest expense | (376) | (344) | (315)
(Loss) gain on divestitures (ii) | – | (99) | 78
Pension income excluding current service cost component (ii) | 3 | 30 | 9
Other interest, net (ii) | (5) | – | 3
Substantial acquisition-related costs | – | (27) | –
Income from continuing operations before income tax expense and income from equity method investments | 4,014 | 3,461 | 3,102
(i) For the year ended December 31, 2023, the total loss on impairments comprised of $62 million within Americas Materials Solutions and $295 million within Europe Materials Solutions. (ii) (Loss) gain on divestitures, pension income excluding current service cost component and other interest, net have been included in Other nonoperating (expense) income, net in the Consolidated Statements of Income. Depreciation, depletion and amortization for each of the segments for the years ended December 31 were:
in $ millions | 2023 | 2022 | 2021
Depreciation, depletion and amortization |  |  |
Americas Materials Solutions | 781 | 777 | 750
Americas Building Solutions | 299 | 236 | 155
Europe Materials Solutions | 464 | 466 | 490
Europe Building Solutions | 89 | 73 | 84
Total depreciation, depletion and amortization | 1,633 | 1,552 | 1,479
There was no (loss) gain on divestitures for the year ended December 31, 2023. The (loss) gain on divestitures for each of the segments for the years ended December 31 were:
in $ millions |  | 2022 | 2021
(Loss) gain on divestitures |  |  |
Americas Materials Solutions |  | – | 104
Americas Building Solutions |  | – | (25)
Europe Materials Solutions |  | (99) | 3
Europe Building Solutions |  | – | (4)
Total (loss) gain on divestitures |  | (99) | 78
The segment assets at December 31 were:
in $ millions | 2023 | 2022
Assets |  |
Americas Materials Solutions | 17,534 | 17,615
Americas Building Solutions | 7,961 | 7,749
Europe Materials Solutions | 10,983 | 10,947
Europe Building Solutions | 2,390 | 2,193
Total assets for reportable segments | 38,868 | 38,504
Cash and cash equivalents | 6,341 | 5,936
Other current assets, excluding segment assets | 193 | 134
Equity method investments | 620 | 649
Assets held for sale | 1,268 | –
Other noncurrent assets, excluding segment assets | 179 | 96
Total assets as reported in the Consolidated Balance Sheets | 47,469 | 45,319
The segment liabilities at December 31 were:
in $ millions | 2023 | 2022
Liabilities |  |
Americas Materials Solutions | 3,349 | 2,908
Americas Building Solutions | 1,770 | 1,567
Europe Materials Solutions | 4,096 | 3,522
Europe Building Solutions | 954 | 886
Total liabilities for reportable segments | 10,169 | 8,883
Other current liabilities, excluding segment liabilities | 156 | 193
Total debt | 11,642 | 9,636
Deferred income tax liabilities | 2,738 | 2,885
Liabilities held for sale | 375 | –
Other noncurrent liabilities, excluding segment liabilities | 768 | 682
Total liabilities as reported in the Consolidated Balance Sheets | 25,848 | 22,279
Additions to property, plant and equipment for each of the segments for the years ended December 31 were:
in $ millions | 2023 | 2022 | 2021
Property, plant and equipment additions (i) |  |  |
Americas Materials Solutions | 854 | 715 | 727
Americas Building Solutions | 360 | 259 | 206
Europe Materials Solutions | 553 | 460 | 510
Europe Building Solutions | 111 | 99 | 97
Total property, plant and equipment additions | 1,878 | 1,533 | 1,540
(i) Property, plant and equipment additions exclude asset retirement cost additions.
Long-Lived Assets by Geographic Areas | Long-lived assets by geographic area at December 31 were:
in $ millions | 2023 | 2022
Long-lived assets by geographical area (i) |  |
Republic of Ireland | 421 | 487
United Kingdom | 1,786 | 1,691
United States | 10,821 | 10,916
Other | 6,105 | 5,849
Total long-lived assets by geographical area | 19,133 | 18,943
(i) Long-lived assets comprise property, plant and equipment and operating lease right-of-use assets.

X
- Definition Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph b -SubTopic 10 -Topic 280 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration