Acquisitions (Tables)

6 Months Ended

Jun. 30, 2024

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The provisional amounts for assets acquired, liabilities assumed, and consideration related to the acquisitions at June 30, 2024 were:


in $ millions	Hunter	Other acquisitions (i)	Total
Identifiable assets acquired and liabilities assumed
Cash and cash equivalents	-	2	2
Accounts receivable, net	-	12	12
Inventories	70	9	79
Other current assets	2	10	12
Property, plant and equipment, net	1,070	229	1,299

Intangible assets, net	2	43	45
Operating lease right-of-use assets, net	12	34	46
Accounts payable	-	7	7
Accrued expenses	6	3	9
Operating lease liabilities	12	34	46
Long-term debt	-	(2)	(2)

Deferred income tax liabilities	-	15	15
Other liabilities	7	16	23
Total identifiable net assets at fair value	1,131	266	1,397
Goodwill	975	196	1,171
Total consideration	2,106	462	2,568

Consideration satisfied by:
Cash payments	2,106	418	2,524
Asset exchange	-	41	41
Deferred consideration (stated at net present cost)	-	2	2
Contingent consideration	-	1	1
Total consideration	2,106	462	2,568

Acquisitions of businesses, net of cash acquired
Cash consideration	2,106	418	2,524
Less: cash and cash equivalents acquired	-	(2)	(2)
Total outflow in the Condensed Consolidated Statements of Cash Flows	2,106	416	2,522

(i) Other acquisitions are aggregated on the basis of individual immateriality.

Schedule of Acquisition-Related Costs

The Company incurred the following acquisition-related costs:


	Three months ended		Six months ended
	June 30		June 30
in $ millions	2024	2023	2024	2023

Hunter	2	-	22	-
Other acquisitions	2	-	2	2
Total acquisition-related costs	4	-	24	2

Business Acquisition, Pro Forma Information

The financial information regarding the acquisitions included in the Company’s Condensed Consolidated Statements of Income from the date of acquisition through June 30 were:


in $ millions	2024	2023
Revenue	179	46
Net loss attributable to CRH plc (i)	(17)	(3)

(i) Net loss amount excludes acquisition-related costs that arose during the six months ended June 30, 2024, and June 30, 2023.