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v3.25.1

SEGMENT REPORTING (Tables) | 3 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Financial Disclosure | SEGMENT FINANCIAL DISCLOSURE
| Three Months Ended March 31 |
in millions | 2025 | 2024 |  |
Total Revenues |  |  |  |
Aggregates 1 | $ | 1,335.9 |  | $ | 1,291.3 |  |  |
Asphalt 2 | 208.7 |  | 186.2 |  |  |
Concrete | 177.0 |  | 148.3 |  |  |
Segment sales | $ | 1,721.6 |  | $ | 1,625.8 |  |  |
Aggregates intersegment sales | (87.0) |  | (80.1) |  |  |
Total | $ | 1,634.6 |  | $ | 1,545.7 |  |  |
Cost of Revenues |  |  |  |
Aggregates | $ | (891.6) |  | $ | (907.9) |  |  |
Asphalt | (203.9) |  | (181.5) |  |  |
Concrete | (173.8) |  | (151.4) |  |  |
Total | $ | (1,269.3) |  | $ | (1,240.8) |  |  |
Gross Profit |  |  |  |
Aggregates | $ | 357.3 |  | $ | 303.3 |  |  |
Asphalt | 4.8 |  | 4.7 |  |  |
Concrete | 3.2 |  | (3.1) |  |  |
Total | $ | 365.3 |  | $ | 304.9 |  |  |
Reconciliation to Pretax Earnings |  |  |  |
Selling, administrative and general expenses | $ | (138.3) |  | $ | (129.7) |  |  |
Other operating income (expense), net | (0.6) |  | (2.3) |  |  |
Other nonoperating income (expense), net | (2.6) |  | (0.3) |  |  |
Interest expense, net | (59.7) |  | (39.1) |  |  |
Earnings from continuing operations before income taxes | $ | 164.1 |  | $ | 133.5 |  |  |
1 Includes product sales (crushed stone, sand and gravel, sand and other aggregates), freight & delivery costs that we pass along to our customers, and service revenues (see Note 4) related to our aggregates business. 2 Includes product sales as well as service revenues (see Note 4) from our asphalt construction paving business.
| Three Months Ended March 31 |
in millions | 2025 | 2024 |  |
Depreciation, Depletion, Accretion and Amortization 1 |  |  |  |
Aggregates | $ | 150.4 |  | $ | 123.5 |  |  |
Asphalt | 12.0 |  | 8.9 |  |  |
Concrete | 15.4 |  | 12.3 |  |  |
Other | 8.6 |  | 6.2 |  |  |
Total | $ | 186.4 |  | $ | 150.9 |  |  |
Capital Expenditures 2 |  |  |  |
Aggregates | $ | 91.2 |  | $ | 99.5 |  |  |
Asphalt | 5.1 |  | 6.1 |  |  |
Concrete | 6.8 |  | 2.1 |  |  |
Corporate | 2.2 |  | 0.1 |  |  |
Total | $ | 105.3 |  | $ | 107.8 |  |  |
Identifiable Assets 3 |  |  |  |
Aggregates | $ | 14,351.9 |  | $ | 11,816.8 |  |  |
Asphalt | 815.0 |  | 630.6 |  |  |
Concrete | 1,043.3 |  | 896.4 |  |  |
Total identifiable assets 4 | $ | 16,210.2 |  | $ | 13,343.8 |  |  |
General corporate assets | 309.0 |  | 267.0 |  |  |
Cash and cash equivalents and restricted cash | 192.9 |  | 300.1 |  |  |
Total | $ | 16,712.1 |  | $ | 13,910.9 |  |  |
1 Depreciation, Depletion, Accretion & Amortization (DDA&A) for each segment is included in cost of revenues. 2 Capital expenditures include changes in accruals for purchases of property, plant & equipment. Capital expenditures exclude property, plant & equipment obtained by business acquisitions. 3 Certain temporarily idled assets are included within a segment's Identifiable Assets, but the associated DDA&A is shown within Other in the DDA&A section above as the related DDA&A is excluded from segment gross profit. 4 The increase in total identifiable assets is primarily due to acquisitions completed in 2024 (see Note 16 for additional information).

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- 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 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: 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 3: 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
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