Acquisitions (Tables)

3 Months Ended

Mar. 31, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [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 March 31, 2025 were:


in $ millions			Total (i)
Identifiable assets acquired and liabilities assumed
Assets
Cash and cash equivalents			1
Accounts receivable, net			46
Inventories			24
Other current assets			3
Property, plant and equipment, net			211

Intangible assets, net			21
Operating lease right-of-use assets, net			11
Total assets			317
Liabilities
Accounts payable			29
Accrued expenses			3
Operating lease liabilities			13


Deferred income tax liabilities			11
Other liabilities			15
Total liabilities			71
Total identifiable net assets at fair value			246
Goodwill			340

Total consideration			586

Consideration satisfied by:
Cash payments			586



Total consideration			586

Acquisitions of businesses, net of cash acquired
Cash consideration			586
Less: cash and cash equivalents acquired			(1)
Total outflow in the Condensed Consolidated Statements of Cash Flows			585

(i) 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
	March 31
in $ millions	2025	2024
Acquisition-related costs
Substantial acquisition-related (i)	–	20
Other acquisitions	5	–
Total acquisition-related costs	5	20

(i) Represents expenses associated with the non-routine substantial acquisition of a portfolio of cement and readymixed concrete operations and assets in Texas, during the first quarter of 2024.