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Acquisitions and Divestitures (Tables) | 12 Months Ended
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Dec. 31, 2024
Business Acquisition [Line Items] |
Acquisition and divestiture activity | The Company's acquisition activities are summarized below:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
| (in millions)
Acquisitions: |  |  |  |  |
Purchase price | $ | 1,424.2 |  |  | $ | 119.4 |  |  | $ | 75.6 |
Net cash paid | $ | 1,424.1 |  |  | $ | 120.9 |  |  | $ | 75.1 |
Goodwill recorded | $ | 397.1 |  |  | $ | 40.4 |  |  | $ | 11.6 |
Stavola | Construction Products |
Business Acquisition [Line Items] |
Purchase price allocation | The following table details the preliminary purchase price allocation as of the acquisition date:
| (in millions)
Cash | $ | 0.7 |
Receivables, net of allowance | 69.1 |
Inventories | 23.2 |
Other | 2.6 |
Property, plant, and equipment, including mineral reserves | 743.0 |
Goodwill | 351.5 |
Intangibles | 41.0 |
Other assets | 24.9 |
Accounts payable | (17.9) |
Accrued liabilities | (2.4) |
Advance billings | (0.8) |
Other liabilities | (25.3) |
Total net assets acquired | $ | 1,209.6 |
Pro forma information | The unaudited pro-forma information should not be considered indicative of the results that would have occurred if the acquisition had been completed on January 1, 2023, nor is such unaudited pro-forma information necessarily indicative of future results.
|  |  | Year Ended December 31, 2024 |  | Year Ended December 31, 2023
|  |  | (in millions)
Revenues |  |  | $ | 2,769.8 |  |  | $ | 2,563.3 |
Income before income taxes |  |  | $ | 113.3 |  |  | $ | 93.5 |

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