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REVENUES (Tables) | 9 Months Ended
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Sep. 30, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Revenues by Geographic Market | Our segment total revenues by geographic market for the three and nine month periods ended September 30, 2024 and 2023 are disaggregated as follows (the decrease in Gulf Coast market concrete revenues is primarily attributable to the sale of concrete operations in Texas in November 2023; see Note 16 for additional information):
| Three Months Ended September 30, 2024
in millions | Aggregates | Asphalt | Concrete | Total
East revenues | $ | 466.7 |  | $ | 64.0 |  | $ | 88.4 |  | $ | 619.1 |
Gulf Coast revenues | 842.7 |  | 90.9 |  | 2.6 |  | 936.2 |
West revenues | 263.0 |  | 226.2 |  | 83.4 |  | 572.6 |
Segment sales | $ | 1,572.4 |  | $ | 381.1 |  | $ | 174.4 |  | $ | 2,127.9 |
Intersegment sales | (124.0) |  | 0.0 |  | 0.0 |  | (124.0) |
Total revenues 1 | $ | 1,448.4 |  | $ | 381.1 |  | $ | 174.4 |  | $ | 2,003.9 |
| Three Months Ended September 30, 2023
in millions | Aggregates | Asphalt | Concrete | Total
East revenues | $ | 464.8 |  | $ | 64.5 |  | $ | 95.4 |  | $ | 624.7 |
Gulf Coast revenues | 900.4 |  | 71.4 |  | 168.7 |  | 1,140.5 |
West revenues | 263.2 |  | 211.3 |  | 100.5 |  | 575.0 |
Segment sales | $ | 1,628.4 |  | $ | 347.2 |  | $ | 364.6 |  | $ | 2,340.2 |
Intersegment sales | (154.4) |  | 0.0 |  | 0.0 |  | (154.4) |
Total revenues 1 | $ | 1,474.0 |  | $ | 347.2 |  | $ | 364.6 |  | $ | 2,185.8 |
| Nine Months Ended September 30, 2024
in millions | Aggregates | Asphalt | Concrete | Total
East revenues | $ | 1,267.3 |  | $ | 149.7 |  | $ | 246.6 |  | $ | 1,663.6 |
Gulf Coast revenues | 2,484.7 |  | 198.0 |  | 7.1 |  | $ | 2,689.8 |
West revenues | 725.3 |  | 570.8 |  | 236.2 |  | $ | 1,532.3 |
Segment sales | $ | 4,477.3 |  | $ | 918.5 |  | $ | 489.9 |  | $ | 5,885.7 |
Intersegment sales | (321.7) |  | 0.0 |  | 0.0 |  | $ | (321.7) |
Total revenues 1 | $ | 4,155.6 |  | $ | 918.5 |  | $ | 489.9 |  | $ | 5,564.0 |
| Nine Months Ended September 30, 2023
in millions | Aggregates | Asphalt | Concrete | Total
East revenues | $ | 1,259.7 |  | $ | 147.1 |  | $ | 278.7 |  | $ | 1,685.5 |
Gulf Coast revenues | 2,568.7 |  | 182.0 |  | 457.6 |  | 3,208.3 |
West revenues | 677.5 |  | 525.2 |  | 257.0 |  | 1,459.7 |
Segment sales | $ | 4,505.9 |  | $ | 854.3 |  | $ | 993.3 |  | $ | 6,353.5 |
Intersegment sales | (405.9) |  | 0.0 |  | 0.0 |  | (405.9) |
Total revenues 1 | $ | 4,100.0 |  | $ | 854.3 |  | $ | 993.3 |  | $ | 5,947.6 |
The geographic markets are defined by states/countries as follows: East market — Arkansas, Delaware, Illinois, Kentucky, Maryland, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, Virginia and Washington D.C. Gulf Coast market — Alabama, Florida, Georgia, Louisiana, Mississippi, Oklahoma, South Carolina, Texas, U.S. Virgin Islands, Freeport (Bahamas), Puerto Cortés (Honduras) and Quintana Roo (Mexico) West market — Arizona, California, Hawaii, New Mexico and British Columbia (Canada)
Schedule of Freight & Delivery Revenues | Freight & delivery revenues are as follows:
| Three Months Ended September 30 | Nine Months Ended September 30
in millions | 2024 | 2023 | 2024 | 2023
Total revenues | $ | 2,003.9 |  | $ | 2,185.8 |  | $ | 5,564.0 |  | $ | 5,947.6 |
Freight & delivery revenues 1 | (261.4) |  | (276.5) |  | (741.7) |  | (766.9) |
Total revenues excluding freight & delivery | $ | 1,742.5 |  | $ | 1,909.3 |  | $ | 4,822.3 |  | $ | 5,180.7 |
1 Includes freight & delivery to remote distribution sites.
Schedule of Reconciliation of Deferred Revenue Balances | Changes in our deferred revenue balances (current and noncurrent) are as follows:
| Three Months Ended September 30 | Nine Months Ended September 30
in millions | 2024 | 2023 | 2024 | 2023
Deferred revenue balance at beginning of period | $ | 148.9 |  | $ | 157.4 |  | $ | 152.8 |  | $ | 161.8 |
Revenue recognized from deferred revenue | (2.0) |  | (2.5) |  | (5.9) |  | (6.9) |
Deferred revenue balance at end of period | $ | 146.9 |  | $ | 154.9 |  | $ | 146.9 |  | $ | 154.9 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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