XML 64 R39.htm IDEA: XBRL DOCUMENT v3.24.0.1

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Identifiable Assets Acquired, Liabilities Assumed, and Consideration

The provisional amounts for assets acquired, liabilities assumed, and consideration related to the acquisitions at December 31, 2023 were:

in $ millions			Total
Identifiable assets acquired and liabilities assumed
Cash and cash equivalents			19
Accounts receivable, net			71
Inventories			65
Other current assets			8
Property, plant and equipment, net			252
Intangible assets, net			86
Operating lease right-of-use assets, net			35
Accounts payable			56
Accrued expenses			30
Operating lease liabilities			35
Long-term debt			104
Deferred income tax liabilities			30
Other liabilities			6
Total identifiable net assets at fair value			275
Goodwill			398
Total consideration			673
Consideration satisfied by:
Cash payments			659
Deferred consideration (stated at net present cost)			8
Contingent consideration			6
Total consideration			673
Acquisitions of businesses, net of cash acquired
Cash consideration			659
Less: cash and cash equivalents acquired			(19)
Total outflow in the Consolidated Statements of Cash Flows			640

The identifiable assets acquired, liabilities assumed, and consideration related to the acquisitions at December 31, 2022 were:

in $ millions			Barrette			Other acquisitions			Total
Identifiable assets acquired and liabilities assumed
Cash and cash equivalents			8			14			22
Accounts receivable, net			128			49			177
Inventories			247			128			375
Other current assets			40			10			50
Property, plant and equipment, net			266			539			805
Equity method investments			–			28			28
Intangible assets, net			809			178			987
Operating lease right-of-use assets, net			43			59			102
Accounts payable			26			20			46
Accrued expenses			121			27			148
Operating lease liabilities			43			59			102
Long-term debt			–			8			8
Deferred income tax liabilities			192			55			247
Other liabilities			22			4			26
Total identifiable net assets at fair value			1,137			832			1,969
Goodwill			774			546			1,320
Total consideration			1,911			1,378			3,289
Consideration satisfied by:
Cash payments			1,911			1,364			3,275
Deferred consideration (stated at net present cost)			–			10			10
Contingent consideration			–			4			4
Total consideration			1,911			1,378			3,289
Acquisitions of businesses, net of cash acquired
Cash consideration			1,911			1,364			3,275
Less: cash and cash equivalents acquired			(8)			(14)			(22)
Total outflow in the Consolidated Statements of Cash Flows			1,903			1,350			3,253

The identifiable assets acquired, liabilities assumed, and consideration related to the acquisitions at December 31, 2021 were:

in $ millions			Total
Identifiable assets acquired and liabilities assumed
Cash and cash equivalents			7
Accounts receivable, net			173
Inventories			157
Other current assets			18
Property, plant and equipment, net			526
Intangible assets, net			131
Operating lease right-of-use assets, net			83
Accounts payable			94
Accrued expenses			49
Operating lease liabilities			83
Long-term debt			3
Deferred income tax liabilities			37
Other liabilities			6
Total identifiable net assets at fair value			823
Goodwill			679
Total consideration			1,502
Consideration satisfied by:
Cash payments			1,501
Contingent consideration			1
Total consideration			1,502
Acquisitions of businesses, net of cash acquired
Cash consideration			1,501
Less: cash and cash equivalents acquired			(7)
Total outflow in the Consolidated Statements of Cash Flows			1,494

Schedule of Acquisition-Related Costs

The Company incurred the following acquisition-related costs for the years ended December 31, 2023, 2022, and 2021:

in $ millions			2023			2022			2021
Acquisition-related costs
Barrette			–			27			–
Other acquisitions			10			12			13
Total acquisition-related costs			10			39			13

Financial Information Regarding Acquisitions

The financial information regarding the acquisitions included in the Company’s Consolidated Statements of Income from the date of acquisition through December 31 were:

			Actual from acquisition date
in $ millions			2023			2022			2021
Revenue			228			761			524
Net (loss) income attributable to CRH plc			(15)			(18)			38

X

- Definition

Schedule of Acquisition-Related Costs

+ References

No definition available.

+ Details

Name:	crh_ScheduleOfAcquisitionRelatedCostsTableTextBlock
Namespace Prefix:	crh_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479328/805-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479328/805-10-50-2

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479907/805-20-50-1

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration