10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

FORM 10-Q

(Mark One)
x	QUARTERLY REPORT PURSUANTTO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period endedJune 30, 2013
OR
o	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                 to

Commission File Number 001-33841

VULCAN MATERIALS COMPANY
(Exact name of registrant as specified in its charter)

New Jersey (State or other jurisdiction of incorporation)		20-8579133 (I.R.S. Employer Identification No.)
1200 Urban Center Drive,  Birmingham,  Alabama (Address of principal executive offices)			35242 (zip code)
(205) 298-3000(Registrant's telephone number including area code)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes x Noo Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes x No o Indicate by check mark whether registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer x	Accelerated filero
Non-accelerated filero (Do not check if a smaller reporting company)	Smaller reporting company o
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes o  No x
Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date:
Class                   Common Stock, $1 Par Value				Shares outstanding       at June 30, 2013       129,963,192

VULCAN MATERIALS COMPANY

FORM 10-Q

QUARTER ENDED JUNE 30, 2013

Contents

			Page
PART I	FINANCIAL INFORMATION
	Item 1.	Financial Statements Condensed Consolidated Balance Sheets Condensed Consolidated Statements of Comprehensive Income Condensed Consolidated Statements of Cash Flows Notes to Condensed Consolidated Financial Statements	2 3 4 5
	Item 2.	Management’s Discussion and Analysis of Financial    Condition and Results of Operations	23
	Item 3.	Quantitative and Qualitative Disclosures About    Market Risk	39
	Item 4.	Controls and Procedures	39
PART II	OTHER INFORMATION
	Item 1.	Legal Proceedings	40
	Item 1A.	Risk Factors	40
	Item 4	Mine Safety Disclosures	40
	Item 6.	Exhibits	41
		Signatures	42

1

part I   financial information

ITEM 1

FINANCIAL STATEMENTS

VULCAN MATERIALS COMPANY AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED BALANCE SHEETS

Unaudited, except for December 31	June 30	December 31	June 30
in thousands	2013	2012	2012
Assets
Cash and cash equivalents	$         86,979	$       275,478	$       158,301
Accounts and notes receivable
Accounts and notes receivable, gross	410,021	303,178	397,506
Less: Allowance for doubtful accounts	(5,339)	(6,198)	(7,375)
Accounts and notes receivable, net	404,682	296,980	390,131
Inventories
Finished products	266,489	262,886	266,265
Raw materials	29,863	27,758	24,457
Products in process	5,415	5,963	3,974
Operating supplies and other	38,720	38,415	39,910
Inventories	340,487	335,022	334,606
Current deferred income taxes	39,275	40,696	43,357
Prepaid expenses	27,300	21,713	24,840
Assets held for sale	12,926	15,083	0
Total current assets	911,649	984,972	951,235
Investments and long-term receivables	43,194	42,081	28,506
Property, plant & equipment
Property, plant & equipment, cost	6,730,505	6,666,617	6,697,685
Reserve for depreciation, depletion & amortization	(3,519,862)	(3,507,432)	(3,419,174)
Property, plant & equipment, net	3,210,643	3,159,185	3,278,511
Goodwill	3,086,219	3,086,716	3,086,716
Other intangible assets, net	698,471	692,532	694,972
Other noncurrent assets	170,048	161,113	140,135
Total assets	$    8,120,224	$    8,126,599	$    8,180,075
Liabilities
Current maturities of long-term debt	$              161	$       150,602	$       285,152
Short-term debt	100,000	0	0
Trade payables and accruals	128,142	113,337	171,834
Other current liabilities	163,466	171,671	159,481
Liabilities of assets held for sale	0	801	0
Total current liabilities	391,769	436,411	616,467
Long-term debt	2,524,420	2,526,401	2,528,387
Noncurrent deferred income taxes	664,967	657,367	687,337
Deferred revenue	73,068	73,583	0
Other noncurrent liabilities	652,480	671,775	604,948
Total liabilities	4,306,704	4,365,537	4,437,139
Other commitments and contingencies (Note 8)
Equity
Common stock, $1 par value, Authorized 480,000 shares,
Issued 129,963, 129,721 and 129,393 shares, respectively	129,963	129,721	129,393
Capital in excess of par value	2,592,239	2,580,209	2,560,824
Retained earnings	1,247,984	1,276,649	1,261,501
Accumulated other comprehensive loss	(156,666)	(225,517)	(208,782)
Total equity	3,813,520	3,761,062	3,742,936
Total liabilities and equity	$    8,120,224	$    8,126,599	$    8,180,075
The accompanying Notes to the Condensed Consolidated Financial Statements are an integral part of these statements.

2

VULCAN MATERIALS COMPANY AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOME

	Three Months Ended		Six Months Ended
Unaudited		June 30		June 30
in thousands, except per share data	2013	2012	2013	2012
Net sales	$       696,078	$       648,890	$    1,200,632	$    1,148,741
Delivery revenues	42,655	45,246	76,263	81,277
Total revenues	738,733	694,136	1,276,895	1,230,018
Cost of goods sold	563,183	542,951	1,050,082	1,020,844
Delivery costs	42,655	45,246	76,263	81,277
Cost of revenues	605,838	588,197	1,126,345	1,102,121
Gross profit	132,895	105,939	150,550	127,897
Selling, administrative and general expenses	64,902	61,914	129,557	126,826
Gain on sale of property, plant & equipment
and businesses, net	23,410	13,152	27,520	19,678
Restructuring charges	0	(4,551)	(1,509)	(5,962)
Exchange offer costs	0	(32,060)	0	(42,125)
Other operating income (expense), net	(4,537)	(904)	(10,196)	720
Operating earnings (loss)	86,866	19,662	36,808	(26,618)
Other nonoperating income (expense), net	286	(709)	2,658	2,391
Interest expense, net	50,873	53,687	103,623	105,954
Earnings (loss) from continuing operations
before income taxes	36,279	(34,734)	(64,157)	(130,181)
Provision for (benefit from) income taxes	6,151	(17,749)	(32,666)	(56,145)
Earnings (loss) from continuing operations	30,128	(16,985)	(31,491)	(74,036)
Earnings (loss) on discontinued operations, net of tax	(1,356)	(1,298)	5,427	3,700
Net earnings (loss)	$         28,772	$       (18,283)	$       (26,064)	$       (70,336)
Other comprehensive income, net of tax
Reclassification adjustment for cash flow hedges	835	955	1,689	1,893
Adjustment for funded status of pension plans	60,299	0	60,299	0
Amortization of pension and postretirement benefit
plans actuarial loss and prior service cost	3,431	3,084	6,863	6,168
Other comprehensive income	64,565	4,039	68,851	8,061
Comprehensive income (loss)	$         93,337	$       (14,244)	$         42,787	$       (62,275)
Basic earnings (loss) per share
Continuing operations	$             0.23	$           (0.13)	$           (0.24)	$           (0.57)
Discontinued operations	(0.01)	(0.01)	0.04	0.03
Net earnings (loss) per share	$             0.22	$           (0.14)	$           (0.20)	$           (0.54)
Diluted earnings (loss) per share
Continuing operations	$             0.23	$           (0.13)	$           (0.24)	$           (0.57)
Discontinued operations	(0.01)	(0.01)	0.04	0.03
Net earnings (loss) per share	$             0.22	$           (0.14)	$           (0.20)	$           (0.54)
Weighted-average common shares outstanding
Basic	130,250	129,676	130,219	129,634
Assuming dilution	131,332	129,676	130,219	129,634
Cash dividends per share of common stock	$             0.01	$             0.01	$             0.02	$             0.02
Depreciation, depletion, accretion and amortization	$         76,961	$         84,116	$       152,557	$       169,283
Effective tax rate from continuing operations	17.0%	51.1%	50.9%	43.1%
The accompanying Notes to the Condensed Consolidated Financial Statements are an integral part of these statements.

3

VULCAN MATERIALS COMPANY AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

	Six Months Ended
Unaudited		June 30
in thousands	2013	2012
Operating Activities
Net loss	$       (26,064)	$       (70,336)
Adjustments to reconcile net loss to net cash used for operating activities
Depreciation, depletion, accretion and amortization	152,557	169,283
Net gain on sale of property, plant & equipment and businesses	(40,550)	(31,014)
Contributions to pension plans	(2,308)	(2,248)
Share-based compensation	11,102	3,601
Deferred tax provision	(31,581)	(51,613)
Changes in assets and liabilities before initial effects of business acquisitions
and dispositions	(108,295)	(20,033)
Other, net	(206)	(701)
Net cash used for operating activities	(45,345)	(3,061)
Investing Activities
Purchases of property, plant & equipment	(60,041)	(33,584)
Proceeds from sale of property, plant & equipment	2,517	26,069
Proceeds from sale of businesses, net of transaction costs	52,908	11,827
Payment for businesses acquired, net of acquired cash	(89,951)	0
Other, net	2	49
Net cash provided by (used for) investing activities	(94,565)	4,361
Financing Activities
Proceeds from line of credit	111,000	0
Payment of current maturities and long-term debt	(161,477)	(105)
Dividends paid	(2,598)	(2,590)
Proceeds from exercise of stock options	3,598	3,524
Other, net	888	333
Net cash provided by (used for) financing activities	(48,589)	1,162
Net increase (decrease) in cash and cash equivalents	(188,499)	2,462
Cash and cash equivalents at beginning of year	275,478	155,839
Cash and cash equivalents at end of period	$         86,979	$       158,301
The accompanying Notes to the Condensed Consolidated Financial Statements are an integral part of the statements.

4

notes to condensed consolidated financial statements

Note 1: summary of significant accounting policies

NATURE OF OPERATIONS

Vulcan Materials Company (the “Company,” “Vulcan,” “we,” “our”), a New Jersey corporation, is the nation's largest producer of construction aggregates, primarily crushed stone, sand and gravel; a major producer of asphalt mix and ready-mixed concrete, and a leading producer of cement in Florid

BASIS OF PRESENTATION

Our accompanying unaudited condensed consolidated financial statements were prepared in compliance with the instructions to Form 10-Q and Article 10 of Regulation S-X and thus do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. Our condensed consolidated balance sheet as of December 31, 2012 was derived from the audited financial statement at that date. In the opinion of our management, the statements reflect all adjustments, including those of a normal recurring nature, necessary to present fairly the results of the reported interim periods. Operating results for the three and six month periods ended June 30, 2013 are not necessarily indicative of the results that may be expected for the year ended December 31, 2013. For further information, refer to the consolidated financial statements and footnotes included in our most recent Annual Report on Form 10-K.

Due to the 2005 sale of our Chemicals business as presented in Note 2, the operating results of the Chemicals business are presented as discontinued operations in the accompanying Condensed Consolidated Statements of Comprehensive Income.

RECLASSIFICATIONS

Certain items previously reported in specific financial statement captions have been reclassified to conform with the 2013 presentation.

RESTRUCTURING CHARGES

In 2012, our Board approved a Profit Enhancement Plan that further leveraged our streamlined management structure and substantially completed ERP and Shared Services platforms to achieve cost reductions and other earnings enhancements. During the first six months of 2013 and 2012, we incurred $1,509,000 and $5,962,000, respectively, of costs (primarily project design, outside advisory and severance) related to the implementation of this plan. We do not anticipate any future material charges related to this Profit Enhancement Plan.

EXCHANGE OFFER COSTS

In December 2011, Martin Marietta Materials, Inc. (Martin Marietta) commenced an unsolicited exchange offer for all outstanding shares of our common stock and indicated its intention to nominate a slate of directors to our Board. After careful consideration, including a thorough review of the offer with its financial and legal advisors, our Board unanimously determined that Martin Marietta’s offer was inadequate, substantially undervalued Vulcan, was not in the best interests of Vulcan and its shareholders and had substantial risk.

In May 2012, the Delaware Chancery Court ruled and the Delaware Supreme Court affirmed that Martin Marietta had breached two confidentiality agreements between the companies, and enjoined Martin Marietta through September 15,  2012 from pursuing its exchange offer for our shares, prosecuting its proxy contest, or otherwise taking steps to acquire control of our shares or assets and from any further violations of the two confidentiality agreements between the parties. As a result of the court ruling, Martin Marietta withdrew its exchange offer and its board nominees.

In response to Martin Marietta’s actions, we have incurredlegal, professional and other costs of $45,607,000 to date, of  which $42,125,000 was incurred during the first six months of 2012. As of June 30, 2013, $43,107,000of the incurred costs was paid. We do not anticipate any future material charges related to this exchange offer.

5

EARNINGS PER SHARE (EPS)

We report two earnings per share numbers: basic and diluted. These are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS), as set forth below:

	Three Months Ended		Six Months Ended
		June 30			June 30
in thousands	2013	2012		2013	2012
Weighted-average common shares
outstanding	130,250	129,676		130,219	129,634
Dilutive effect of
Stock options/SOSARs	442	0		0	0
Other stock compensation plans	640	0		0	0
Weighted-average common shares
outstanding, assuming dilution	131,332	129,676		130,219	129,634

All dilutive common stock equivalents are reflected in our earnings per share calculations. Antidilutive common stock equivalents are not included in our earnings per share calculations. In periods of loss, shares that otherwise would have been included in our diluted weighted-average common shares outstanding computation are excluded. These excluded shares are as follows: three months ended June 30, 2012 — 341,000,six months ended June 30, 2013 — 1,113,000 and six months ended June 30, 2012 — 372,000,

The number of antidilutive common stock equivalents for which the exercise price exceeds the weighted-average market price is as follows:

	Three Months Ended		Six Months Ended
		June 30			June 30
in thousands	2013	2012		2013	2012
Antidilutive common stock equivalents	2,899	5,054		2,899	5,053

Note 2: Discontinued Operations

In 2005, we sold substantially all the assets of our Chemicals business to Basic Chemicals, a subsidiary of Occidental Chemical Corporation. In addition to the initial cash proceeds, Basic Chemicals was required to make payments under two earn-out agreements subject to certain conditions. During 2007, we received the final payment under the ECU (electrochemical unit) earn-out, bringing cumulative cash receipts to its $150,000,000 cap.

Proceeds under the second earn-out agreement were based on the performance of the hydrochlorocarbon product HCC-240fa (commonly referred to as 5CP) from the closing of the transaction through December 31, 2012 (5CP earn-out). The primary determinant of the value for this earn-out is the level of growth in 5CP sales volume.

In March 2013, we received a payment of $13,031,000 under the 5CP earn-out related to performance during 2012, the final year of the earn-out agreement. During 2012, we received $11,336,000 in the first quarter and $33,000 in the third quarter under the 5CP earn-out related to the year ended December 31, 2011. Through June 30, 2013, we have received a total of $79,391,000 under the 5CP earn-out, a total of $46,290,000 in excess of the receivable recorded on the date of disposition.

We are liable for a cash transaction bonus payable annually to certain former key Chemicals employees based on the prior year’s 5CP earn-out results. We expect the 2013 payout will be $1,303,000 and have accrued this amount as of June 30, 2013. In comparison, we had accrued $1,134,000 as of June 30, 2012.

6

The financial results of the Chemicals business are classified as discontinued operations in the accompanying Condensed Consolidated Statements of Comprehensive Income for all periods presented. There were no net sales or revenues from discontinued operations for the periods presented. Results from discontinued operations are as follows:

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Discontinued Operations
Pretax loss	$       (2,221)	$       (2,097)	$       (2,761)	$       (4,077)
Gain on disposal, net of transaction bonus	0	0	11,728	10,203
Income tax (provision) benefit	865	799	(3,540)	(2,426)
Earnings (loss) on discontinued operations,
net of income taxes	$       (1,356)	$       (1,298)	$        5,427	$        3,700

The pretax losses from discontinued operations noted above were due primarily to general and product liability costs, including legal defense costs, and environmental remediation costs associated with our former Chemicals business.

Note 3: Income Taxes

Ourestimated annual effective tax rate(EAETR) is based on full year expectations of pretax book earnings, statutory tax rates,  permanent differences such as percentage depletion and tax planning alternatives available in the various jurisdictions in which we operate. For interim financial reporting, except in circumstances as described in the following paragraph, we calculate our quarterly income tax provision in accordance with the EAETR.  Each quarter, we update our EAETR based on our revised full year expectation of pretax book earnings andcalculate the income tax provision or benefit so that the year-to-date income tax provision reflects the EAETR. Significant judgment is required in determining our EAETR.

When expectedpretaxbook earnings or loss for the full year is at or near breakeven, the EAETRcan distort the income tax provision for an interim period due to the size and nature of our permanent differences. In these circumstances, we calculate the interim income tax provision or benefit using the year-to-date effective tax rate. This method results in an income tax provision or benefit based solely on the year-to-date pretax book earnings or loss as adjusted for permanent differences on a pro rata basis.In the second quarters of 2013 and 2012, income taxes were calculated based on the year-to-date effective tax rate.

We recorded an income tax provision from continuing operations of $6,151,000 in the second quarter of 2013 compared to an income tax benefit from continuing operations of $17,749,000 in the second quarter of 2012. The change in our income tax provision for the second quarter resulted largely from applying the statutory rate to the increase in our pretax book earnings.

We recorded income tax benefits from continuing operations of $32,666,000 for the six months ended June 30, 2013 compared to $56,145,000 for the six months ended June 30, 2012. The decrease in our income tax benefit for the six month period resulted largely from applying the statutory rate to the decrease in our pretax book loss.

We recognize an income tax benefit associated with an uncertain tax position when, in our judgment, it is more likely than not that the position will be sustained upon examination by a taxing authority. For a tax position that meets the more-likely-than-not recognition threshold, we initially and subsequently measure the income tax benefit as the largest amount that we judge to have a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority. Our liability associated with unrecognized tax benefits is adjusted periodically due to changing circumstances, such as the progress of tax audits, case law developments and new or emerging legislation. Such adjustments are recognized entirely in the period in which they are identified. Our income tax provision includes the net impact of changes in the liability for unrecognized benefits and subsequent adjustments as we consider appropriate.

We recognize deferred tax assets and liabilities based on the differences between the financial statement carrying amounts and the tax basis of assets and liabilities. Deferred tax assets represent items to be used as a tax deduction or credit in future tax returns. Realization of the deferred tax assets ultimately depends on the existence of sufficient taxable income of the appropriate character in either the carryback or carryforward period.

7

Each quarter we analyze the likelihood that our deferred tax assets will be realized. A valuation allowance is recorded if, based on the weight of all available positive and negative evidence, it is more likely than not (a likelihood of more than 50%) that some portion, or all, of a deferred tax asset will not be realized. A summary of our deferred tax assets is included in Note 9 “Income Taxes” in our Annual Report on Form 10-K for the year ended December 31, 2012.

On an annual basis, we perform a complete analysis of all forms of positive and negative evidence based on year end results. During each interim period, we update our annual analysis for significant changes to the positive and negative evidence.

Based on our second quarter 2013 analysis, we believe it is more likely than not that we will realize the benefit of all our deferred tax assets with the exception of the state net operating loss carryforwards for which a valuation allowance was previously recorded. For 2013, we project these state net operating loss carryforwards (and the associated valuation allowance) to increase by $7,517,000. This change in the valuation allowance is reflected as a component of our income tax provision.

In the future, if we determine that realization is more likely than not for deferred tax assets with a valuation allowance, the related valuation allowance will be reduced and we will record a benefit to earnings. Conversely, if we determine that it is more likely than not that we will not be able to realize a portion of our deferred tax assets, we will increase the valuation allowance and record a charge to earnings.

Note 4: deferred revenue

In the fourth quarter of 2012, we sold a percentage of the future production from aggregates reserves at certain owned and leased quarries. The sale was structured as a volumetric production payment (VPP) for which we received net cash proceeds of $73,583,000.  The proceeds were recorded as deferred revenue and are being amortized on a unit-of-sales basis to revenue over the term of the VPP. During the first quarter of 2013, we received additional cash proceeds of $62,000 related to this transaction. We recognized deferred revenue related to thistransaction as follows:

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Deferred revenue recognition	$           324	$               0	$           576	$               0

Based on projected sales, we anticipate recognizing a range of $1,000,000 to $1,500,000of deferred revenue during the 12-month period ending June 30, 2014.

The key terms of the VPP are:

§ the purchaser has a nonoperating interest in reserves entitling them to a specified percentage (the percentage) of future production

§ terminates at the earlier to occur of December 31, 2052 or the sale of 143.2 million tons of aggregates from the specified quarries subject to the VPP (as such, the future production in which the purchaser owns the percentage could be less than 143.2 million tons);  based on historical and projected volumes from the specified quarries, it is expected that 143.2 million tons will be sold prior to 2052

§ the purchaser's percentage of the maximum 143.2 million tons of future production is estimated, based on current sales volume projection, to be 10.5% (approximately 15 million tons); the actual percentage received by the purchaser through the term of the transaction may vary based on when the maximum 143.2 million tons is sold

§ there is no minimum annual or cumulative production or sales volume, nor any minimum sales price required

§ the purchaser has the right to take its percentage of future production in physical product, or receive the cash proceeds from the sale of its percentage of future production under the terms of a separate marketing agreement

§ the purchaser's percentage of future production is conveyed free and clear of future costs of production and sales

§ we retain full operational and marketing control of the specified quarries

§ we retain fee simple interest in the land as well as any residual values that may be realized upon the conclusion of mining

8

Note 5: Fair Value Measurements

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels as described below:

Level 1: Quoted prices in active markets for identical assets or liabilities

Level 2: Inputs that are derived principally from or corroborated by observable market data

Level 3: Inputs that are unobservable and significant to the overall fair value measurement

Our assets subject to fair value measurement on a recurring basis are summarized below:

	Level 1
	June 30	December 31	June 30
in thousands	2013	2012	2012
Fair Value Recurring
Rabbi Trust
Mutual funds	$       13,689	$       13,349	$       14,404
Equities	10,638	9,843	7,726
Total	$       24,327	$       23,192	$       22,130

	Level 2
	June 30	December 31	June 30
in thousands	2013	2012	2012
Fair Value Recurring
Rabbi Trust
Common/collective trust funds	$        1,507	$        2,265	$           384
Total	$        1,507	$        2,265	$           384

We have established two Rabbi Trusts for the purpose of providing a level of security for the employee nonqualified retirement and deferred compensation plans and for the directors' nonqualified deferred compensation plans. The fair values of these investments are estimated using a market approach. The Level 1 investments include mutual funds and equity securities for which quoted prices in active markets are available. Level 2 investments are stated at estimated fair value based on the underlying investments in those funds(short-term, highly liquid assets in commercial paper, short-term bonds and certificates of deposit).

The carrying values of our cash equivalents, accounts and notes receivable, current maturities of long-term debt, short-term borrowings, trade payables and accruals, and other current liabilities approximate their fair values because of the short-term nature of these instruments. Additional disclosures for derivative instruments and interest-bearing debt are presented in Notes 6  and 7, respectively.

Assets that were subject to fair value measurement on a nonrecurring basis are summarized below:

	As of December 31, 2012
		Impairment
in thousands	Level 3	Charges
Fair Value Nonrecurring
Assets held for sale (Note 16)	$       10,559	$         1,738
Totals	$       10,559	$         1,738

The fair values of the assets classified as held for sale were estimated based on the negotiated transaction values. The impairment charges represent the difference between the carrying value and the fair value, less costs to sell, of the assets.

9

Note 6: Derivative Instruments

During the normal course of operations, we are exposed to market risks including fluctuations in interest rates, foreign currency exchange rates and commodity pricing. From time to time, and consistent with our risk management policies, we use derivative instruments to hedge against these market risks. We do not utilize derivative instruments for trading or other speculative purposes.

The accounting for gains and losses that result from changes in the fair value of derivative instruments depends on whether the derivatives have been designated and qualify as hedging instruments and the type of hedging relationship. The interest rate swap agreements described below were designated as either cash flow hedges or fair value hedges. The changes in fair value of our interest rate swap cash flow hedges are recorded in accumulated other comprehensive income (AOCI) and are reclassified into interest expense in the same period the hedged items affect earnings.The changes in fair value of our interest rate swap fair value hedges are recorded as interest expense consistent with the change in the fair value of the hedged items attributable to the risk being hedged.

CASH FLOW HEDGES

We have used interest rate swap agreements designated as cash flow hedges to minimize the variability in cash flows of liabilities or forecasted transactions caused by fluctuations in interest rates. During 2007, we entered into fifteen forward starting interest rate swap agreements for a total stated amount of $1,500,000,000. Upon the 2007 and 2008 issuances of the related fixed-rate debt, we terminated and settled these forward starting swaps for cash payments of $89,777,000. Amounts in AOCI are being amortized to interest expense over the term of the related debt. This amortization was reflected in the accompanying Condensed Consolidated Statements of Comprehensive Income as follows:

		Three Months Ended		Six Months Ended
	Location on		June 30		June 30
in thousands	Statement	2013	2012	2013	2012
Cash Flow Hedges
Loss reclassified from AOCI	Interest
(effective portion)	expense	$       (1,386)	$       (1,605)	$       (2,801)	$       (3,180)

For the 12-month period ending June 30, 2014, we estimate that $4,674,000 of the pretax loss in AOCI will be reclassified to earnings.

FAIR VALUE HEDGES

We have used interest rate swap agreements designated as fair value hedges to minimize exposure to changes in the fair value of fixed-rate debt that results from fluctuations in the benchmark interest rates for such debt. In June 2011, we issued $500,000,000 of 6.50% fixed-rate notes due in 2016. Concurrently, we entered into interest rate swap agreements in the stated amount of $500,000,000. Under these agreements, we paid 6-month LIBOR plus a spread of 4.05% and received a fixed interest rate of 6.50%. Additionally, in June 2011, we entered into interest rate swap agreements on our $150,000,000of 10.125%  fixed-rate notes due in 2015. Under these agreements, we paid 6-month LIBOR plus a spread of 8.03% and received a fixed interest rate of 10.125%. In August 2011, we terminated and settled these interest rate swap agreements for $25,382,000 of cash proceeds. The $23,387,000 forward component of the settlement (cash proceeds less $1,995,000 of accrued interest) was added to the carrying value of the related debt and is being amortized as a reduction to interest expense over the remaining lives of the related debt using the effective interest method. This amortization was reflected in the accompanying Condensed Consolidated Statements of Comprehensive Income as follows:

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Deferred Gain on Settlement
Amortized to earnings as a reduction
to interest expense	$        1,074	$        1,004	$        2,131	$        1,992

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Note 7: Debt

Debt is summarized as follows:

		June 30	December 31	June 30
in thousands		2013	2012	2012
Short-term Debt
Bank line of credit		$        100,000	$                0	$                0
Total short-term debt		$        100,000	$                0	$                0
Long-term Debt
5.60% notes due 2012 1		$                   0	$                0	$     134,535
6.30% notes due 2013 2		0	140,413	140,382
10.125% notes due 2015 3		152,317	152,718	153,100
6.50% notes due 2016 4		513,369	515,060	516,701
6.40% notes due 2017 5		349,897	349,888	349,878
7.00% notes due 2018 6		399,751	399,731	399,711
10.375% notes due 2018 7		248,757	248,676	248,599
7.50% notes due 2021 8		600,000	600,000	600,000
7.15% notes due 2037 9		239,557	239,553	239,549
Medium-term notes		6,000	16,000	16,000
Industrial revenue bonds		14,000	14,000	14,000
Other notes		933	964	1,084
Total long-term debt including current maturities		$     2,524,581	$  2,677,003	$  2,813,539
Less current maturities		161	150,602	285,152
Total long-term debt		$     2,524,420	$  2,526,401	$  2,528,387
Estimated fair value of long-term debt		$     2,756,202	$  2,766,835	$  2,636,409
1	Includes decreases for unamortized discounts, as follows: June 30, 2012 — $22 thousand.
2	Includes decreases for unamortized discounts, as follows:  December 31, 2012 — $30 thousand and June 30, 2012  —
	$62 thousand.
3	Includes an increase for the unamortized portion of the deferred gain realized upon the August 2011 settlement of
	interest rate swaps, as follows: June 30, 2013 — $2,543 thousand, December 31, 2012 — $2,983 thousand and June
	30, 2012 — $3,402 thousand. Additionally, includes decreases for unamortized discounts, as follows: June 30, 2013 —
	$226 thousand, December 31, 2012 — $265 thousand and June 30, 2012 — $302 thousand. The effective interest rate
	for these notes is 9.59%.
4	Includes an increase for the unamortized portion of the deferred gain realized upon the August 2011 settlement of
	interest rate swaps, as follows: June 30, 2013 — $13,369 thousand, December 31, 2012 — $15,060 thousand and
	June 30, 2012 — $16,701 thousand. The effective interest rate for these notes is 6.02%.
5	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $103 thousand, December 31, 2012 —
	$112 thousand and June 30, 2012 — $122 thousand. The effective interest rate for these notes is 7.41%.
6	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $249 thousand, December 31, 2012 —
	$269 thousand and June 30, 2012 — $289 thousand. The effective interest rate for these notes is 7.87%.
7	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $1,243 thousand, December 31, 2012 —
	$1,324 thousand and June 30, 2012 — $1,401 thousand. The effective interest rate for these notes is 10.62%.
8	The effective interest rate for these notes is 7.75%.
9	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $631 thousand, December 31, 2012 —
	$635 thousand and June 30, 2012 — $639 thousand. The effective interest rate for these notes is 8.05%.

Our long-term debt is presented in the table above net of unamortized discounts from par and unamortized deferred gains realized upon settlement of interest rate swaps. Discounts and deferred gains are being amortized using the effective interest method over the respective terms of the notes.

The estimated fair value of long-term debt presented in the table above was determined by averaging the asking price quotes for the notes. The fair value estimates were based on Level 2 information (as defined in Note 5)  available to us as of the respective balance sheet dates. Although we are not aware of any factors that would significantly affect the estimated fair value amounts, such amounts have not been revalued since those dates.

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Scheduled debt payments during the first six months of 2013 included $10,000,000 in January to retire the 8.70% medium-term note and $140,444,000 in June to retire the 6.30% notes. Scheduled debt payments during 2012 included $134,557,000 in November to retire the  5.60% notes.

In December 2011,  we entered into a $600,000,000 bank line of credit expiring on December 15, 2016. In March 2013, we proactively amended this line of credit to reduce its capacity to $500,000,000 and extend its term to March 12, 2018. The line of credit is secured by certain domestic accounts receivable and inventory. Borrowing capacity fluctuates with the level of eligible accounts receivable and inventory and may be less than $500,000,000 at any point in time. As of June 30, 2013, our borrowing capacity was $235,507,000(net of the $100,000,000 draw on our line of credit and $55,575,000 backing for standby letters of credit).

Borrowings under the line of credit bear interest at a rate determined at the time of borrowing equal to the lower of LIBOR plus a margin ranging from 1.50% to 2.00% based on the level of utilization, or an alternative rate derived from the lender’s prime rate. Borrowings on our line of credit are shown as short-term due to our intent to repay within twelve months. The $100,000,000 draw on our line of credit as of June 30, 2013 carries an average interest rate of 2.03% which reflects an applicable margin for the LIBOR based borrowing of1.75%.

Note 8: Commitments and Contingencies

LETTERS OF CREDIT

We provide, in the normal course of business, certain third party beneficiaries standby letters of credit to support our obligations to pay or perform according to the requirements of an underlying agreement. Such letters of credit typically have an initial term of one year, typically renew automatically, and can only be modified or cancelled with the approval of the beneficiary. All of our letters of credit are issued by banks that participate in our $500,000,000 line of credit, and reduce the borrowing capacity thereunder. We pay a fee for all letters of credit equal to the LIBOR margin (ranges from 1.50% to 2.00%) applicable to borrowings under the line of credit, plus 0.125%. Our standby letters of credit as of June 30, 2013 are summarized by purpose in the table below:

in thousands
Standby Letters of Credit
Risk management insurance	$       34,590
Industrial revenue bond	14,230
Reclamation/restoration requirements	6,755
Total	$       55,575

LITIGATION AND ENVIRONMENTAL MATTERS

We are a defendant in various lawsuits in the ordinary course of business. It is not possible to determine with precision the outcome, or the amount of liability, if any, under these lawsuits, especially where the cases involve possible jury trials with as yet undetermined jury panels.

In addition to these lawsuits in which we are involved in the ordinary course of business, certain other material legal proceedings are more specifically described below. At this time, we cannot determine the likelihood or reasonably estimate a range of loss pertaining to these matters.

Perchloroethylene cases

We are a defendant in cases involving perchloroethylene (perc), which was a product manufactured by our former Chemicals business. Perc is a cleaning solvent used in dry cleaning and other industrial applications. Vulcan is vigorously defending thesecases:

§ Suffolk County Water Authority — On July 29, 2010, we were served in an action styled SuffolkCounty Water Authority v. The Dow Chemical Company, et al., in the Supreme Court for SuffolkCounty, State of New York. The complaint alleges that the plaintiff “owns and/or operates drinking water systems and supplies drinking water to thousands of residents and businesses, in Suffolk County, New York.” The complaint alleges that perc and its breakdown products“have been and are contaminating and damaging Plaintiff's drinking water supply wells.” The plaintiff is seeking compensatory and punitive damages. The trial court ruled that any detectable amount of perc in a well constitutes a legal injury. We are appealing this and other rulings of the trial court. Discovery is ongoing. At this time, plaintiffs have not established that our perc was used at any specific dry cleaner or that we are liable for any alleged contamination.

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§ R.R. Street Indemnity — Street, a former distributor of perc manufactured by us, alleges that we owe Street, and its insurer (National Union), a defense and indemnity in several litigation matters in which Street was named as a defendant. National Union alleges that we are obligated to contribute to National Union's share of defense fees, costs and any indemnity payments made on Street's behalf. We have had discussions with Street about the nature and extent of indemnity obligations, if any, and to date there has been no resolution of these issues.

lower passaic river matter

§ NJDEP LITIGATION — In 2009, Vulcan and over 300 other parties were named as third-party defendants in New Jersey Department of Environmental Protection, et al. v. Occidental Chemical Corporation, et al., a case originally brought by the New Jersey Department of Environmental Protection (NJDEP) in the New Jersey Superior Court. Vulcan was brought into the suit due to alleged discharges to the lower PassaicRiver (River) from the former Chemicals Division - Newark Plant. Vulcan owned and operated this site as a chloralkali plant from 1961-1974. In 1974, we sold the plant, although we continued to operate the plant for one additional year. This suit by the NJDEP seeks recovery of past and future clean-up costs, as well as unspecified economic damages, punitive damages, penalties and a variety of other forms of relief. Alldefendants, with the exception of Occidental Chemical Corporation, have reached a tentative settlement agreement with the plaintiffs. Vulcan’s settlement amount is immaterial and has been fully accrued. Final approval of the settlement is pending.

§ Lower Passaic River Study Area (Superfund Site) —  Vulcan and approximately 70 other companies are parties to a May 2007 Administrative Order on Consent (AOC) with the U.S. Environmental Protection Agency (EPA) to perform a Remedial Investigation/Feasibility Study (RI/FS) of the lower 17 miles of the River. Separately, the EPA issued a draft Focused Feasibility Study (FFS) that evaluated early action remedial alternatives for a portion of the River. The EPAhas given a range of estimated costs for these alternatives between $0.9 billion and $3.5 billion, although estimates of the cost and timing of future environmental remediation requirements are inherently imprecise and subject to revision. The EPA has not released the final FFS. As an interim step related to the 2007 AOC, Vulcan and 69 other companies voluntarily entered into an Administrative Settlement Agreement and Order on Consent on June 18, 2012 with the EPA for remediation actions focused at River Mile 10.9 of the River. Our estimated costs related to this focused remediation action, based on an interim allocation, are immaterial and have been accrued. On June 25, 2012, the EPA issued a Unilateral Administrative Order for Removal Response Activities to Occidental Chemical Corporation ordering Occidental to participate and cooperate in this remediation action at River Mile 10.9.

At this time, we cannot reasonably estimate our liability related to this matter because the RI/FS is ongoing; the ultimate remedial approach and associated cost has not been determined; and the parties that will participate in funding the remediation and their respective allocations are not yet known.

It is not possible to predict with certainty the ultimate outcome of these and other legal proceedings in which we are involved, and a number of factors, including developments in ongoing discovery or adverse rulings, could cause actual losses to differ materially from accrued costs. No liability was recorded for claims and litigation for which a loss was determined to be only reasonably possible or for which a loss could not be reasonably estimated. Legal costs incurred in defense of lawsuits are expensed as incurred. In addition, losses on certain claims and litigation described above may be subject to limitations on a per occurrence basis by excess insurance, as described in our most recent Annual Report on Form 10-K.

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Note 9: Asset Retirement Obligations

Asset retirement obligations (AROs) are legal obligations associated with the retirement of long-lived assets resulting from the acquisition, construction, development and/or normal use of the underlying assets.

Recognition of a liability for an ARO is required in the period in which it is incurred at its estimated fair value. The associated asset retirement costs are capitalized as part of the carrying amount of the underlying asset and depreciated over the estimated useful life of the asset. The liability is accreted through charges to operating expenses. If the ARO is settled for other than the carrying amount of the liability, we recognize a gain or loss on settlement.

We record all AROs for which we have legal obligations for land reclamation at estimated fair value. Essentially all these AROs relate to our underlying land parcels, including both owned properties and mineral leases. For the three and six month periods ended June 30, we recognized ARO operating costs related to accretion of the liabilities and depreciation of the assets as follows:

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
ARO Operating Costs
Accretion	$        2,817	$        1,998	$        4,823	$        4,017
Depreciation	830	1,863	1,609	3,727
Total	$        3,647	$        3,861	$        6,432	$        7,744

ARO operating costs are reported in cost of goods sold. AROs are reported within other noncurrent liabilities in our accompanying Condensed Consolidated Balance Sheets.

Reconciliations of the carrying amounts of our AROs are as follows:

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Asset Retirement Obligations
Balance at beginning of period	$     156,458	$     155,402	$     150,072	$     153,979
Liabilities incurred	65,587	45	65,587	45
Liabilities settled	(5,219)	(798)	(6,511)	(1,419)
Accretion expense	2,817	1,998	4,823	4,017
Revisions up (down), net	3,208	(6,234)	8,880	(6,209)
Balance at end of period	$     222,851	$     150,413	$     222,851	$     150,413

The ARO liabilities incurred during 2013 relate primarily to reclamation activities required under a  new development agreement and a new conditional use permit at an aggregates facility on owned propertyinSouthern California.

Upward revisions to our ARO liability during 2013 are largely attributable to an adjacent aggregates facility on owned property near Los Angeles, California. The reclamation requirements at this property will result in the restoration and development of mined property into a 90 acre tract suitable for commercial and retail development. The estimated cost to fill and compact the property increased and the estimated settlement date decreased resulting in an upward revision to the ARO.Downward revisions to our ARO liability during 2012 relate primarily to extensions in the estimated settlement dates at numerous sites.

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Note 10: Benefit Plans

We sponsor three funded, noncontributory defined benefit pension plans. These plans cover substantially all employees hired prior to July 15, 2007, other than those covered by union-administered plans. Benefits for the Salaried Plan are generally based on salaries or wages and years of service; the Construction Materials Hourly Plan and the Chemicals Hourly Plan provide benefits equal to a flat dollar amount for each year of service. In addition to these qualified plans, we sponsor three unfunded, nonqualified pension plans. Effective July 15, 2007, we amended our defined benefit pension plans to no longer accept new participants. In May 2013, we announced that future accruals for salaried pension participants will cease effective December 31, 2013. This change included a special transition provision which will allow salaries or wages through December 31, 2015 to be considered in the participants’ benefit calculations. The announcementresulted in a curtailment and remeasurement of the salaried and nonqualified pension plans as of May 31, 2013 that will reduce our 2013 pension expense by approximately $7,600,000 (net of the one-time curtailment loss noted below)of which $800,000 relates to discontinued operations.  See Note 11 for the impact of this remeasurement to our pension plan funded status. The following table sets forth the components of net periodic pension benefit cost:

PENSION BENEFITS	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Components of Net Periodic Benefit Cost
Service cost	$        5,821	$        5,588	$      11,894	$      11,175
Interest cost	10,291	10,799	20,637	21,597
Expected return on plan assets	(11,815)	(12,195)	(23,574)	(24,390)
Curtailment loss	855	0	855	0
Amortization of prior service cost	85	68	180	137
Amortization of actuarial loss	5,575	4,881	11,995	9,763
Net periodic pension benefit cost	$      10,812	$        9,141	$      21,987	$      18,282
Pretax reclassification from AOCI included in
net periodic pension benefit cost	$        6,515	$        4,949	$      13,030	$        9,900

In addition to pension benefits, we provide certain healthcare and life insurance benefits for some retired employees. In the fourth quarter of 2012, we amended our postretirement healthcare plan to cap our portion of the medical coverage cost at the 2015 level. Effective July 15, 2007, we amended our salaried postretirement healthcare coverage to increase the eligibility age for early retirement coverage to age 62, unless certain grandfathering provisions were met. Substantially all our salaried employees and where applicable, hourly employees may become eligible for these benefits if they reach a qualifying age and meet certain service requirements. Generally, Company-provided healthcare benefits terminate when covered individuals become eligible for Medicare benefits, become eligible for other group insurance coverage or reach age 65, whichever occurs first.The following table sets forth the components of net periodic postretirement benefit cost:

OTHER POSTRETIREMENT BENEFITS	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Components of Net Periodic Benefit Cost
Service cost	$           707	$        1,167	$        1,415	$        2,333
Interest cost	815	1,562	1,630	3,124
Amortization of prior service credit	(1,216)	(168)	(2,432)	(337)
Amortization of actuarial loss	343	288	686	575
Net periodic postretirement benefit cost	$           649	$        2,849	$        1,299	$        5,695
Pretax reclassification from AOCI included in
net periodic postretirement benefit cost	$          (873)	$           120	$       (1,746)	$           238

The reclassifications from AOCI noted in the tables above are related to curtailment losses, amortization of prior service costs or credits and actuarial losses as shown in Note 11.

Prior contributions, along with the existing funding credits, are sufficient to cover required contributions to the qualified plans through 2013.

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Note 11: other Comprehensive Income

Comprehensive income comprises two subsets: net earnings and other comprehensive income (OCI). The components of other comprehensive income are presented in the accompanying Condensed Consolidated Statements of Comprehensive Income, net of applicable taxes.

Amounts in accumulated other comprehensive income (AOCI), net of tax, are as follows:

	June 30	December 31	June 30
in thousands	2013	2012	2012
AOCI
Cash flow hedges	$       (26,481)	$       (28,170)	$       (30,093)
Pension and postretirement benefit plans	(130,185)	(197,347)	(178,689)
Total	$     (156,666)	$     (225,517)	$     (208,782)

Changes in AOCI, net of tax, for the six months ended June 30, 2013 are as follows:

		Gains and
		Losses on	Pension and
		Cash Flow	Postretirement
in thousands		Hedges	Benefit Plans	Total
AOCI
Balance as of December 31, 2012		$       (28,170)	$     (197,347)	$     (225,517)
Other comprehensive income (loss)
before reclassifications  1		0	60,299	60,299
Amounts reclassified from AOCI		1,689	6,863	8,552
Net current period OCI changes		1,689	67,162	68,851
Balance as of June 30, 2013		$       (26,481)	$     (130,185)	$     (156,666)
1	Remeasurement of the pension plan funded status resulting from the plan change as described in Note 10.

Amounts reclassified from AOCI to earnings, are as follows:

		Three Months Ended		Six Months Ended
			June 30		June 30
in thousands		2013	2012	2013	2012
Reclassification Adjustment for Cash Flow
Hedges
Interest expense		$          1,386	$          1,585	$          2,801	$          3,140
Benefit from income taxes		(551)	(630)	(1,112)	(1,247)
Total		$             835	$             955	$          1,689	$          1,893
Amortization of Pension and Postretirement
Plan Actuarial Loss and Prior Service Cost 1
Cost of goods sold		$          4,553	$          4,039	$          9,010	$          7,974
Selling, administrative and general expenses		1,089	1,030	2,274	2,164
Benefit from income taxes		(2,211)	(1,985)	(4,421)	(3,970)
Total		$          3,431	$          3,084	$          6,863	$          6,168
Total reclassifications from AOCI to earnings		$          4,266	$          4,039	$          8,552	$          8,061
1	See Note 10 for a breakdown of the reclassifications among the curtailment loss and amortization of actuarial loss and prior
	service cost.

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Note 12: Equity

Changes in total equity for the six months ended June 30, 2013 are summarized below:

	Total
in thousands	Equity
Balance at December 31, 2012	$    3,761,062
Net loss	(26,064)
Common stock issued
Share-based compensation plans	280
Share-based compensation expense	11,102
Excess tax benefits from share-based compensation	888
Cash dividends on common stock ($0.02 per share)	(2,598)
Other comprehensive income	68,851
Other	(1)
Balance at June 30, 2013	$    3,813,520

There werenoshares held in treasury as of June 30, 2013, December 31, 2012 and June 30, 2012. As of June 30,  2013,  3,411,416 shares may be repurchased under the current purchase authorization of our Board of Directors.

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Note 13: Segment Reporting

We have four operating segments organized around our principal product lines: aggregates, concrete, asphalt mix and cement. The vast majority of our activities are domestic. We sell a relatively small amount of construction aggregates outside the United States. Intersegment sales are made at local market prices for the particular grade and quality of product utilized in the production of ready-mixed concrete and asphalt mix. Management reviews earnings from the product line reporting segments principally at the gross profit level.

segment financial disclosure

		Three Months Ended		Six Months Ended
			June 30		June 30
in millions		2013	2012	2013	2012
Total Revenues
Aggregates 1
Segment revenues		$        508.4	$        471.1	$        867.4	$        826.8
Intersegment sales		(44.4)	(39.2)	(78.0)	(70.4)
Net sales		464.0	431.9	789.4	756.4
Concrete 2
Segment revenues		120.3	103.0	220.2	195.5
Intersegment sales		0	(0.4)	0	(0.9)
Net sales		120.3	102.6	220.2	194.6
Asphalt Mix
Segment revenues		99.9	103.7	167.2	175.0
Net sales		99.9	103.7	167.2	175.0
Cement 3
Segment revenues		23.8	20.3	46.5	40.8
Intersegment sales		(11.9)	(9.6)	(22.7)	(18.1)
Net sales		11.9	10.7	23.8	22.7
Totals
Net sales		696.1	648.9	1,200.6	1,148.7
Delivery revenues		42.6	45.2	76.3	81.3
Total revenues		$        738.7	$        694.1	$     1,276.9	$     1,230.0
Gross Profit
Aggregates		$        127.1	$        111.8	$        151.9	$        145.9
Concrete		(5.8)	(9.0)	(15.9)	(21.3)
Asphalt Mix		9.2	5.1	11.2	4.5
Cement		2.4	(2.0)	3.4	(1.2)
Total		$        132.9	$        105.9	$        150.6	$        127.9
Depreciation, Depletion,
Accretion and Amortization4
Aggregates		$          56.6	$          61.7	$        112.5	$        124.0
Concrete		8.2	10.4	16.2	21.6
Asphalt Mix		2.1	2.2	4.2	4.5
Cement		4.4	3.7	8.3	7.8
Other		5.7	6.1	11.4	11.4
Total		$          77.0	$          84.1	$        152.6	$        169.3
1	Includes crushed stone, sand and gravel, sand, other aggregates, as well as transportation and service revenues
	associated with the aggregates business.
2	Includes ready-mixed concrete, concrete block, precast concrete, as well as building materials purchased for resale.
3	Includes cement and calcium products.
4	The allocation of indirect depreciation to our operating segments was changed in the fourth quarter of 2012 to better align
	the presentation with how management views information internally. The 2012 DDA&A amounts presented above have
	been revised to conform to the 2013 presentation.

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Note 14: Supplemental Cash Flow Information

Supplemental information referable to our Condensed Consolidated Statements of Cash Flows is summarized below:

	Six Months Ended
		June 30
in thousands	2013	2012
Cash Payments
Interest (exclusive of amount capitalized)	$     100,598	$     103,626
Income taxes	9,087	9,074
Noncash Investing and Financing Activities
Amounts referable to business acquisition (Note 16)
Liabilities assumed	$            232	$                0
Accrued liabilities for purchases of property, plant
& equipment	4,212	3,890

Note 15: Goodwill

Goodwill is recognized when the consideration paid for a business combination (acquisition) exceeds the fair value of the tangible and identifiable intangible assets acquired. Goodwill is allocated to reporting units for purposes of testing goodwill for impairment. There were no charges for goodwill impairment in the three month periods ended June 30, 2013 and 2012.

We have four reportable segments organized around our principal product lines: aggregates, concrete, asphalt mix and cement. Changes in the carrying amount of goodwill by reportable segment from December 31, 2012 to June 30, 2013 are summarized below:

GOODWILL

in thousands		Aggregates	Concrete	Asphalt Mix	Cement	Total
Gross Carrying Amount
Total as of December 31, 2012		$    2,995,083	$             0	$    91,633	$     252,664	$    3,339,380
Goodwill of acquired businesses 1		4,698	0	0	0	4,698
Goodwill of divested businesses 1		(5,195)	0	0	0	(5,195)
Total as of June 30, 2013		$    2,994,586	$             0	$    91,633	$     252,664	$    3,338,883
Accumulated Impairment Losses
Total as of December 31, 2012		$                  0	$             0	$             0	$   (252,664)	$      (252,664)
Total as of June 30, 2013		$                  0	$             0	$             0	$   (252,664)	$      (252,664)
Goodwill, net of Accumulated
Impairment Losses
Total as of December 31, 2012		$    2,995,083	$             0	$    91,633	$                0	$    3,086,716
Total as of June 30, 2013		$    2,994,586	$             0	$    91,633	$                0	$    3,086,219
1	The goodwill of acquired/divested businesses relates to the 2013 acquisitions/divestitures discussed in Note 16.

We test goodwill for impairment on an annual basis or more frequently if events or circumstances change in a manner that would more likely than not reduce the fair value of a reporting unit below its carrying value. A decrease in the estimated fair value of one or more of our reporting units could result in the recognition of a material, noncash write-down of goodwill.

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Note 16: Acquisitions and Divestitures

In the second quarter of 2013, we acquired an aggregates production facility and four ready-mixed concrete facilities for $29,983,000. As a result, we recognized $5,542,000 of amortizable intangible assets (contractual rights in place),  all of which will be deducted for income tax purposes over 15 years. The contractual rights in place will be amortized against earnings using the unit-of-production method over an estimated weighted-average period in excess of 50 years.  The purchase price allocation for this 2013 acquisition is preliminary pending final appraisals.

In the first quarter of 2013, we acquired two aggregates production facilities for $59,968,000.  The initial accounting for the business combination was not finalized at the end of the first quarter because appraisals of amortizable intangible assets (contractual rights in place) and property, plant & equipment were not completed. Provisional amounts for contractual rights in place and property, plant & equipment were adjusted to the appraised values in the second quarter of 2013. These adjustments resulted in an increase in contractual rights in place from $800,000 to $3,620,000, an increase in property, plant & equipment from $45,888,000 to $47,884,000 and a decrease in goodwill from $9,759,000 to $4,698,000. The comparative balance sheet as of March 31, 2013 will be retrospectively adjusted to reflect these adjustments. The impact of applying these adjustments retrospectively to the first quarter 2013 statement of comprehensive income was immaterial. The contractual rights in place will be amortized against earnings using the unit-of-production method over an estimated weighted-average period in excess of 20 years. All of the intangible assets (goodwill and contractual rights in place)are deductible for income tax purposes over 15 years.

In the second quarter of 2013, we sold four aggregates production facilities resulting in net pretax cash proceeds of $34,743,000 and a pretax gain of $21,048,000.  We allocated $4,521,000 of goodwill to these dispositions based on the relative fair values of the businesses disposed of and the portion of the reporting unit retained. Additionally, the dispositions ofthese facilitieswill likely result in a partial withdrawal from one of our multiemployer pension plans; therefore, we recognized a $4,000,000 withdrawal liability.

In the first quarter of 2013, we sold an aggregates production facility and its related replacement reserve land resulting in net pretax cash proceeds of $5,133,000 and a pretax gain of $2,802,000. We allocated $674,000 of goodwill to this disposition based on the relative fair values of the business disposed of and the portion of the reporting unit retained. Additionally, we sold equipment and other personal property from two idled prestress concrete production facilities in the first quarter of 2013 resulting in net pretax cash proceeds of $622,000 and a pretax gain of $457,000.

Pending divestitures (Aggregates segment — a previously mined and subsequently reclaimed tract of land, and Ready-mix segment — a former site of a ready-mix facility) are presented in the accompanying Condensed Consolidated Balance Sheet as of June 30, 2013 as assets held for sale and liabilities of assets held for sale. We expect the sales to occur during 2013.  Likewise, pending divestitures as of December 31, 2012 (Aggregates segment — a previously mined and subsequently reclaimed tract of land, an aggregates production facility and its related replacement reserve land, and Ready-mix segment — a former site of a ready-mix facility) are presented in the accompanying Condensed Consolidated Balance Sheet as of December 31, 2012 as assets held for sale and liabilities of assets held for sale. The major classes of assets and liabilities of assets classified as held for sale are as follows:

	June 30	December 31	June 30
in thousands	2013	2012	2012
Held for Sale
Current assets	$              0	$          809	$              0
Property, plant & equipment, net	12,926	14,274	0
Total assets held for sale	$     12,926	$     15,083	$              0
Noncurrent liabilities	$              0	$          801	$              0
Total liabilities of assets held for sale	$              0	$          801	$              0

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During the first six months of 2012, we sold:

§ mitigation credits resulting in net pretax cash proceeds of $13,469,000 and a pretax gain of $12,342,000

§ real estate resulting in net pretax cash proceeds of $9,691,000 and a pretax gain of $5,979,000

Effective land management is both a business strategy and a social responsibility. We strive to achieve value through our mining activities as well as incremental value through effective post-mining land management. Our land management strategy includes routinely reclaiming and selling our previously mined land. Additionally, this strategy includes developing conservation banks by preserving land as a suitable habitat for endangered or sensitive species. These conservation banks have received approval from the United States Fish and Wildlife Service to offer mitigation credits for sale to third parties who may be required to compensate for the loss of habitats of endangered or sensitive species.

Note 17: New Accounting Standards

ACCOUNTING STANDARDS RECENTLY ADOPTED

NEW DISCLOSURE REQUIREMENTS ON OFFSETTING ASSETS AND LIABILITIES  As of and for the interim period ended March 31, 2013, we adopted Accounting Standards Update (ASU) No. ASU 2011-11, “Disclosures About Offsetting Assets and Liabilities.” This ASU creates new disclosure requirements about the nature of an entity’s rights of setoff and related arrangements associated with its financial and derivative instruments. The scope of instruments covered under this ASU was further clarified in the January 2013 issuance of ASU 2013-01,"Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities." These new disclosures are designed to facilitate comparisons between financial statements prepared under U.S. GAAP and those prepared under International Financial Reporting Standards (IFRS). Our adoption of this standard had no material impact on our financial position, results of operations or liquidity.

AMENDMENTS ON INDEFINITE-LIVED INTANGIBLE ASSET IMPAIRMENT TESTING  As of and for the interim period ended March 31, 2013, we adopted ASU No. 2012-02, “Testing Indefinite-Lived Intangible Assets for Impairment.” This ASU amends the impairment testing guidance in Accounting Standards Codification 350-30, “General Intangibles Other Than Goodwill.” Under the amended guidance, an entity has the option of performing a qualitative assessment when testing an indefinite-lived intangible asset for impairment. Further testing would be required only if, on the basis of the qualitative factors, an entity determines that the fair value of the intangible asset is more likely than not (a likelihood of more than 50%) less than the carrying amount. Additionally, this ASU revises the examples of events and circumstances that an entity should consider when determining if an interim impairment test is required. Our adoption of this standard had no material impact on our financial position, results of operations or liquidity.

presentation of other comprehensive income  As of the annual period ended December 31, 2011, we adopted ASU No. 2011-05, "Presentation of Comprehensive Income." This standard eliminates the option to present components of other comprehensive income (OCI) as part of the statement of equity. The amendments in this standard require that all nonowner changes in equity be presented either in a single continuous statement of comprehensive income or in two separate but consecutive statements. In December 2011, the Financial Accounting Standards Board (FASB) issued ASU No. 2011-12, “Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in ASU No. 2011-05.” ASU No. 2011-12 indefinitely defers the requirement in ASU No. 2011-05 to present reclassification adjustments out of accumulated other comprehensive income by component in the Consolidated Statement of Comprehensive Income. In February 2013, the FASB issued ASU No. 2013-02, “Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.” ASU 2013-02 finalizes the requirements of ASU 2011-05 that ASU 2011-12 deferred, clarifying how to report the effect of significant reclassifications out of accumulated other comprehensive income. Our accompanying Condensed Consolidated Statements of Comprehensive Income and Note 11 conform to the presentation requirements of these standards.

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ACCOUNTING STANDARDS PENDING ADOPTION

GUIDANCE FOR OBLIGATIONS RESULTING FROM JOINT AND SEVERAL LIABILITY ARRANGEMENTS  In February 2013, the FASB issued ASU 2013-04, "Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date" which provides guidance for the recognition, measurement and disclosure of such obligations that are within the scope of the ASU. Obligations within the scope of this ASU include debt arrangements, other contractual obligations and settled litigation and judicial rulings. Under this ASU, an entity (1) recognizes such obligations at the inception of the arrangement, (2) measures such obligations as the sum of (a) the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and (b) any additional amount the reporting entity expects to pay on behalf of its co-obligors and (3) discloses the nature and amount of such obligations as well as other information about those obligations. This ASU is effective for all prior periods in fiscal years beginning on or after December 15, 2013, with retrospective application required. We will adopt this standard as of and for the interim period ending June 30, 2014. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements.

GUIDANCE ON THE LIQUIDATION BASIS OF ACCOUNTING  In April 2013, the FASB issued ASU 2013-07, “Liquidation Basis of Accounting” which provides guidance on when and how to apply the liquidation basis of accounting and on what to disclose. This ASU is effective for fiscal years beginning after December 15, 2013, with early adoption permitted, and should be applied prospectively from the date liquidation is imminent. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements.

GUIDANCE ON FINANCIAL STATEMENT PRESENTATION OF UNRECOGNIZED TAX BENEFIT  In July 2013, the FASB issued ASU 2013-11, "Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists" which provides explicit presentation guidelines. Under this ASU, an unrecognized tax benefit, or portion thereof, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward except when specific conditions are met as outlined in the ASU. When these specific conditions are met, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. This ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013, and should be applied prospectively to all unrecognized tax benefits that exist at the effective date. Both early adoption and retrospective application are permitted. We will adopt this standard as of and for the interim period ending March 31, 2014. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements.

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ITEM 2

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

GENERAL COMMENTS

Overview

Vulcan provides the basic materials for the infrastructure needed to expand the U.S. economy. We are the nation's largest producer of construction aggregates, primarily crushed stone, sand and gravel; a major producer of asphalt mix and ready-mixed concrete as well as a leading producer of cement in Florida.

Demand for our products is dependent on construction activity. The primary end uses include public construction, such as highways, bridges, airports, schools and prisons, as well as private nonresidential (e.g., manufacturing, retail, offices, industrial and institutional) and private residential construction (e.g., single-family houses, duplexes, apartment buildings and condominiums). Customers for our products include heavy construction and paving contractors; commercial building contractors; concrete products manufacturers; residential building contractors; state, county and municipal governments; railroads and electric utilities.

We operate primarily in the United States and our principal product — aggregates — is used in virtually all types of public and private construction projects and in the production of asphalt mix and ready-mixed concrete. Aggregates have a high weight-to-value ratio and, in most cases, must be produced near where they are used; if not, transportation can cost more than the materials. Exceptions to this typical market structure include areas along the U.S. Gulf Coast and the Eastern Seaboard where there are limited supplies of locally available high quality aggregates. We serve these markets from inland quarries — shipping by barge and rail — and from our quarry on Mexico's YucatanPeninsula. We transport aggregates from Mexico to the U.S. principally on our three Panamax-class, self-unloading ships.

There are practically no substitutes for quality aggregates. Because of barriers to entry created by zoning and permitting regulation and because of high transportation costs relative to the value of the product, the location of reserves is a critical factor to long-term success.

While aggregates is our primary business, we believe vertical integration between aggregates and downstream products, such as asphalt mix and concrete, can be managed effectively in certain markets to generate acceptable financial returns. We produce and sell asphalt mix and ready-mixed concrete primarily in our mid-Atlantic, Georgia,  Florida, southwestern and western markets. Aggregates comprise approximately 95% of asphalt mix by weight and 78% of ready-mixed concrete by weight. In all of these downstream businesses, we supply virtually all of the required aggregates from our own operations.

Seasonality and cyclical nature of our business

Almost all our products are produced and consumed outdoors. Seasonal changes and other weather-related conditions can affect the production and sales volumes of our products. Therefore, the financial results for any quarter do not necessarily indicate the results expected for the year. Normally, the highest sales and earnings are in the third quarter and the lowest are in the first quarter. Furthermore, our sales and earnings are sensitive to national, regional and local economic conditions and particularly to cyclical swings in construction spending, primarily in the private sector. The levels of construction spending are affected by changing interest rates and demographic and population fluctuations.

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EXECUTIVE SUMMARY

Financial highlights for second Quarter 2013

§ Net sales increased $47.2 million, or 7%, versus the second quarter of 2012

§ Gross profit increased $27.0 million, or 25%, from the prior year’s second quarter

§ Aggregates segment gross profit increased $15.3 million and gross profit margin increased 1.3 percentage points (130 basis points)

§ Aggregates shipments increased 2% from the prior year despite significantly more wet weather in the eastern half of the U.S.

§ Aggregates pricing increased 4% versus the prior year

§ Non-aggregates segment gross profit improved $11.7 million

§ Volumes in ready-mixed concrete and cement increased 15% and 20%, respectively, due to continued improvement in private construction

§ Earnings from continuing operations were $30.1 million, or $0.23 per diluted share, versus a loss of $17.0 million, or $0.13 per diluted share, in the prior year

§ We divested certain non-core operating assets for approximately $34.7 million in gross proceeds and a gain of $0.10 per diluted share

§ EBITDA was $164.1 million, an increase of $61.0 million, or 59%, compared to the second quarter of last year. Excluding gains on the sale of real estate and businesses , as well as restructuring an exchange offer costs, Adjusted EBITDA increased 11%

Each of our operating segments reported solid growth in second quarter earnings, contributing to improved gross profit margin and earnings per share. We achieved these results despite challenging, wet weather conditions that sharply reduced June shipments in several markets. Demand for our products continues to benefit from recovery in private construction activity, particularly residential construction, in many of our key markets.  We realized strong increases in second quarter aggregates shipments in key states — driven mostly by housing demand. Growth in residential construction activity, and its traditional following impact on private nonresidential construction, continues to underpin our expectations for volume and earnings improvement in 2013. Assuming more normal weather patterns, we expect that most of the delays in shipments due to weather in the first half of the year can be recovered in the second half of the year.

In February 2012, our Board approved a Planned Asset Sales initiative with targeted net proceeds of approximately $500 million through the sale of non-core assets. To date, we have achieved $208.8 million of net proceeds including $40.2 million in the first six months of 2013 as described in Note 16 to the condensed consolidated financial statements. The sales (actual and intended) are consistent with our strategic focus on building leading aggregates positions in markets with above-average long-term demand growth. The ultimate composition and timing of such transactions is difficult to project. The proceeds of these sales will be used to strengthen our balance sheet, unlock capital for more productive uses, improve our operating results and create value for shareholders.

During the first half of 2013, we divested certain assets in lower margin, lower growth markets in the Midwest for approximately $39.9 million of net pretax cash proceeds. Additionally, we added aggregates reserves and operations in attractive markets in Texas and Georgia through acquisitions totaling approximately $90.0 million. Going forward, we will continue to look for opportunities to further enhance our strategic coast-to-coast footprint.

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RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

Generally Accepted Accounting Principles (GAAP) does not define “free cash flow,” "segment cash gross profit" and “Earnings Before Interest, Taxes, Depreciation and Amortization” (EBITDA). Thus, free cash flow should not be considered as an alternative to net cash provided by operating activities or any other liquidity measure defined by GAAP. Likewise, segment cash gross profit and EBITDAshould not be considered as alternatives to earnings measures defined by GAAP. We present these metrics for the convenience of investment professionals who use such metrics in their analysesand for shareholders who need to understand the metrics we use to assess performance and to monitor our cash and liquidity positions. The investment community often uses these metrics as indicators of a company's ability to incur and service debt. We use free cash flow, segment cash gross profit, EBITDA and other such measures to assess liquidity and the operating performance of our various business units and the consolidated company. Additionally, we adjust EBITDA for certain items to provide a more consistent comparison of performance from period to period.  We do not use these metrics as a measure to allocate resources. Reconciliations of these metrics to their nearest GAAP measures are presented below:

free cash flow

Free cash flow deducts purchases of property, plant & equipment from net cash provided by operating activities.

	Six Months Ended
		June 30
in millions	2013	2012
Net cash used for operating activities	$         (45.3)	$           (3.1)
Purchases of property, plant & equipment	(60.1)	(33.5)
Free cash flow	$       (105.4)	$         (36.6)

segment cash gross profit

Segment cash gross profit adds back noncash charges for depreciation, depletion, accretion and amortization (DDA&A) to gross profit.

	Three Months Ended		Six Months Ended
		June 30		June 30
in millions, except per ton data	2013	2012	2013	2012
Aggregates segment
Gross profit	$        127.1	$        111.8	$        151.9	$        145.9
DDA&A	56.6	61.7	112.5	124.0
Aggregates segment cash gross profit	$        183.7	$        173.5	$        264.4	$        269.9
Unit shipments - tons	39.6	38.7	67.4	68.2
Aggregates segment cash gross profit per ton	$          4.64	$          4.48	$          3.92	$          3.96
Concrete segment
Gross profit	$           (5.8)	$           (9.0)	$         (15.9)	$         (21.3)
DDA&A	8.2	10.4	16.2	21.6
Concrete segment cash gross profit	$            2.4	$            1.4	$            0.3	$            0.3
Asphalt Mix segment
Gross profit	$            9.2	$            5.1	$          11.2	$            4.5
DDA&A	2.1	2.2	4.2	4.5
Asphalt Mix segment cash gross profit	$          11.3	$            7.3	$          15.4	$            9.0
Cement segment
Gross profit	$            2.4	$           (2.0)	$            3.4	$           (1.2)
DDA&A	4.4	3.7	8.3	7.8
Cement segment cash gross profit	$            6.8	$            1.7	$          11.7	$            6.6

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EBITDA and adjusted ebitda

EBITDA is an acronym for Earnings Before Interest, Taxes, Depreciation and Amortization.

	Three Months Ended		Six Months Ended
		June 30		June 30
in millions	2013	2012	2013	2012
Net earnings (loss)	$          28.8	$         (18.3)	$         (26.1)	$         (70.3)
Provision for (benefit from) income taxes	6.2	(17.7)	(32.7)	(56.1)
Interest expense, net	50.9	53.7	103.6	106.0
(Earnings) loss on discontinued operations, net of taxes	1.4	1.3	(5.4)	(3.7)
Depreciation, depletion, accretion and amortization	76.8	84.1	152.6	169.2
EBITDA	$        164.1	$        103.1	$        192.0	$        145.1
Gain on sale of real estate and businesses	$         (23.0)	$         (12.3)	$         (26.2)	$         (18.3)
Restructuring charges	0	4.5	1.5	5.9
Exchange offer costs	0	32.0	0	42.1
Adjusted EBITDA	$        141.1	$        127.3	$        167.3	$        174.8

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RESULTS OF OPERATIONS

Net sales and cost of goods sold exclude intersegment sales and delivery revenues and cost. This presentation is consistent with the basis on which we review our consolidated results of operations. We discuss separately our discontinued operations, which consist of our former Chemicals business.

The following table shows net earnings in relationship to net sales, cost of goods sold, operating earnings, EBITDA and Adjusted EBITDA.

consolidated operating Results

	Three Months Ended		Six Months Ended
		June 30		June 30
in millions, except per share data	2013	2012	2013	2012
Net sales	$        696.1	$        648.9	$     1,200.6	$     1,148.7
Cost of goods sold	563.2	543.0	1,050.0	1,020.8
Gross profit	$        132.9	$        105.9	$        150.6	$        127.9
Operating earnings (loss)	$          86.9	$          19.7	$          36.8	$         (26.6)
Earnings (loss) from continuing operations
before income taxes	$          36.3	$         (34.7)	$         (64.2)	$       (130.2)
Earnings (loss) from continuing operations	$          30.1	$         (17.0)	$         (31.5)	$         (74.0)
Earnings (loss) on discontinued operations,
net of taxes	(1.3)	(1.3)	5.4	3.7
Net earnings (loss)	$          28.8	$         (18.3)	$         (26.1)	$         (70.3)
Basic earnings (loss) per share
Continuing operations	$          0.23	$         (0.13)	$         (0.24)	$         (0.57)
Discontinued operations	(0.01)	(0.01)	0.04	0.03
Basic net earnings (loss) per share	$          0.22	$         (0.14)	$         (0.20)	$         (0.54)
Diluted earnings (loss) per share
Continuing operations	$          0.23	$         (0.13)	$         (0.24)	$         (0.57)
Discontinued operations	(0.01)	(0.01)	0.04	0.03
Basic net earnings (loss) per share	$          0.22	$         (0.14)	$         (0.20)	$         (0.54)
EBITDA	$        164.1	$        103.1	$        192.0	$        145.1
Adjusted EBITDA	$        141.1	$        127.3	$        167.3	$        174.8

SECOND quarter 2013 Compared to SECOND Quarter 2012

Second quarter 2013 net sales were $696.1 million, up 7% from the second quarter of 2012. Shipments were up in aggregates (+2%), ready-mixed concrete (+15%) and cement (+20%) and down in asphalt mix (-2%). Pricing was up in aggregates (+4%) and cement (+7%), flat in ready-mixed concrete and down in asphalt mix (-1%).

Results for the second quarter of 2013 were net earnings of $28.8 million, or $0.22 per diluted share, compared to a net loss of $18.3 million, or $0.14 per diluted share, in the second quarter of 2013. Each period’s results were impacted by discrete items, as follows:

§ The second quarter of 2013 results include a pretax gain of $23.0 million related to the sale of real estate and businesses

§ The second quarter of 2012 results include a pretax charge of $32.1 million related to the unsolicited exchange offer, a pretax charge of $4.6 million related to restructuring charges and a $12.3 million gain related to the sale of mitigation credits

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Continuing Operations—  Changes in earnings from continuing operations before income taxes for the second quarter of 2013 versus the second quarter of 2012 are summarized below:

earnings from continuing operations before income taxes

in millions
Second quarter 2012	$     (34.7)
Higher aggregates gross profit due to
Higher selling prices	14.6
Higher volumes	4.7
Higher costs and other items	(4.0)
Higher concrete gross profit	3.2
Higher asphalt mix gross profit	4.1
Higher cement gross profit	4.4
Higher selling, administrative and general expense	(3.0)
Higher gain on sale of property, plant & equipment and businesses	10.3
Lower restructuring charges	4.6
Exchange offer costs - 2012	32.1
Lower interest expense	2.8
All other	(2.8)
Second quarter 2013	$      36.3

Aggregates segment gross profit was $127.1 million, a $15.3 million increase from the prior year. This earnings improvement was due to higher prices in virtually all markets and higher volumes in many markets. Overall, freight-adjusted aggregates prices increased 4% versus the prior year. Aggregates shipments in a number of our markets increased sharply versus the prior year. Shipments in Arizona and Florida increased more than 50% due mostly to strong private construction demand. Shipments in Texas and along the central Gulf Coast also benefited from stronger demand, particularly large industrial projects, increasing more than 20% versus the prior year. Aggregate shipments in North Carolina and California increased 10% to 20% compared to the prior year. Shipments in the Midwest and Virginia were sharply lower due to wet weather and the timing of certain large projects in the prior year.

Concrete segment gross profit was a loss of $5.8 million, an improvement of $3.2 million from the second quarter of 2012. This improvement was due mostly to a 15% increase in ready-mixed concrete shipments.

Asphalt Mix segment gross profit was $9.2 million versus $5.1 million in the prior year. Unit profitability, as measured by materials margin, increased 20% compared to the prior year due to lower liquid asphalt costs.

Cement segment gross profit was $2.4 million, up $4.4 million versus the prior year due to stronger volumes and price improvement.

SAG expenses of $64.9 million were up $3.0 million, or 5%, compared with the prior year due mostly to increased employee incentives.

Gain on sale of property, plant & equipment and businesses was $23.4 million in the second quarter of 2013 compared to $13.2 million in the second quarter of 2012. As detailed in Note 16 to the condensed consolidated financial statements, divestitures in the second quarter of 2013 accounted for a $23.0 million pretax gain while divestitures in the second quarter of 2012 accounted for a $12.3 million pretax gain.

The current quarter included no restructuring charges or exchange offer costs compared to $4.6 million and $32.1 million, respectively, in the second quarter of 2012. See Note 1 to the condensed consolidated financial statements for an explanation of these prior period costs.

We recorded an income tax provision from continuing operations of $6.2 million in the second quarter of 2013 compared to an income tax benefit from continuing operations of $17.7 million in the second quarter of 2012. In the second quarters of 2013 and 2012, income taxes were calculated based on the year-to-date effective tax rate discussed in Note 3 to the condensed consolidated financial statements. The change in our income tax provision for the second quarter resulted largely from applying the statutory rate to the increase in our pretax book earnings.

Earnings from continuing operations were $0.23 per diluted share compared to a loss of $0.13 per diluted share in the second quarter of 2012.

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Discontinued Operations — Second quarter 2013 pretax loss on discontinued operations was $2.2 million in 2013 and $2.1 million in 2012. The losses primarily reflect charges related to general and product liability costs, including legal defense cost, and environmental remediation costs associated with our former Chemicals business. For additional details, see Note 2 to the condensed consolidated financial statements.

year-to-date june 30, 2013 Compared to year-to-date june 30, 2012

First half 2013 net sales were $1,200.6 million, an increase of 4.5% versus $1,148.7 in the first half of 2012. Shipments were higher in ready-mixed concrete and cement while lower in aggregates and asphalt mix. Pricing was higher in all major product lines except asphalt mix which was down 1%.

Results for the first six months of 2013 were a net loss of $26.1 million, or $0.20 per diluted share, compared to a net loss of $70.3 million, or $0.54 per diluted share, in the first half of 2012. Gross profit increased $22.7 million reflecting improved profitability in all four segments. Each period’s results were impacted by discrete items, as follows:

§ The 2013 first half results include a pretax gain of $26.2 million related to the sale of real estate and businesses and a $1.5 million charge for restructuring

§ The 2012 first half results include a pretax charge of $42.1 million related to an unsolicited exchange offer, an $18.3 million gain related to the sale of real estate and mitigation credits, and $6.0 million of restructuring charges

Continuing Operations—  Changes in earnings from continuing operations before income taxes for year-to-date June 30, 2013 versus year-to-date June 30, 2012 are summarized below:

earnings from continuing operations before income taxes

in millions
Year-to-date June 30, 2012	$    (130.2)
Higher aggregates gross profit due to
Higher selling prices	28.3
Lower volumes	(5.5)
Higher costs and other items	(16.8)
Higher concrete gross profit	5.4
Higher asphalt mix gross profit	6.7
Higher cement gross profit	4.6
Higher selling, administrative and general expenses	(2.7)
Higher gain on sale of property, plant & equipment and businesses	7.8
Lower restructuring charges	4.5
Exchange offer costs - 2012	42.1
Lower interest expense	2.3
All other	(10.7)
Year-to-date June 30, 2013	$      (64.2)

Gross profit for the Aggregates segment was $151.9 million for the first six months of 2013 versus $145.9 million in 2012. As noted in the table above, this $6.0 million increase in earnings resulted from higher selling prices offset by lower volumes and higher costs. Unfavorable weather conditions prevailed across much of our geographic footprint impacting both shipment levels and production efficiencies.

The Concrete segment gross profit was a loss of $15.9 million, an improvement of $5.4 million from the prior year. Ready-mixed concrete shipments increased 11% from the prior year and pricing remained essentially flat.

Asphalt Mix segment gross profit of $11.2 million was $6.7 million above the first half 2012 level. Lower liquid asphalt costs drove much of the positive variance.

The Cement segment gross profit of $3.4 million was $4.6 million above the first half 2012 level. Shipments and pricing were up 17% and 6%, respectively, from the prior year.

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SAG expenses in the first half of 2013 were up $2.7 million, or 2%, from the prior year.

Gain on sale of property, plant & equipment and businesses was $27.5 million for the first six months of 2013 compared to $19.7 million in the first half of 2012. The sale of five aggregates production facilities comprise $23.9 million of the gain in 2013 while the sale of mitigation credits and real estate account for $18.3 million of the gains in the first half of 2012.

For details of the restructuring charges of $1.5 million and $6.0 million in the first half of 2013 and 2012, respectively, see Note 1 to the condensed consolidated financial statements.

The $42.1 million of exchange offer costs in the prior year’s first half reflects legal, professional and other costs incurred in response to an unsolicited exchange offer. For additional details, see Note 1 to the condensed consolidated financial statements.

Net interest expense was $103.6 million in the first six months of 2013 compared to $106.0 in 2012. Lower interest costs resulted from intervening payments on current maturities of long term debt.

We recorded income tax benefits from continuing operations of $32.7 million for the six months ended June 30, 2013 compared to $56.1 million for the six months ended June 30, 2012. For the six month periods ended June 30, 2013 and 2012, income taxes were calculated based on the year-to-date effective tax rate discussed in Note 3 to the condensed consolidated financial statements.The decrease in our income tax benefit for the six month period resulted largely from applying the statutory rate to the decrease in our pretax book loss.

Results from continuing operations were a loss of $0.24 per diluted share compared to a loss of $0.57 per diluted share in the first half of 2012.

Discontinued Operations — Year-to-date June pretax earnings on discontinued operations were $9.0 million in 2013 and $6.1 million in 2012. The 2013 earnings include an $11.7 million 5CP earn-out gain (net of transaction costs) while the 2012 earnings include a $10.2 million 5CP earn-out gain (net of transaction costs). These gains were partially offset by general and product liability costs, including legal defense cost, and environmental remediation costs associated with our former Chemicals business. For additional details, see Note 2 to the condensed consolidated financial statements.

LIQUIDITY AND FINANCIAL RESOURCES

Our primary sources of liquidity are cash provided by our operating activities, a bank line of credit and access to the capital markets.Additional financial resources include the sale of reclaimed and surplus real estate, and dispositions of non-strategic operating assets. We believe these liquidity and financial resources are sufficient to fund our future business requirements, including:

§ cash contractual obligations

§ capital expenditures

§ debt service obligations

§ potential future acquisitions

§ dividend payments

We actively manage our capital structure and resources in order to minimize the cost of capital while properly managing financial risk. We seek to meet these objectives by adhering to the following principles:

§ maintain substantial bank line of credit borrowing capacity

§ use the bank line of credit only for seasonal working capital requirements and other temporary funding requirements

§ proactively manage our long-term debt maturity schedule such that repayment/refinancing risk in any single year is low

§ avoid financial and other covenants that limit our operating and financial flexibility

§ opportunistically access the capital markets when conditions and terms are favorable

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Cash

Included in our June 30, 2013cash and cash equivalents balance of $87.0million is $58.0 million of cash held at one of our foreign subsidiaries. The majority of this $58.0 million of cash relates to earnings prior to January 1, 2012that are permanently reinvested offshore. Use of this permanently reinvested cash is limited to our foreign operations.

cash from operating activities

Net cash provided by (used for) operating activities is derived primarily from net earnings before deducting noncash charges for depreciation, depletion, accretion and amortization.

	Six Months Ended
		June 30
in millions	2013	2012
Net loss	$          (26.1)	$          (70.3)
Depreciation, depletion, accretion and amortization (DDA&A)	152.6	169.3
Net earnings before noncash deductions for DDA&A	$         126.5	$           99.0
Net gain on sale of property, plant & equipment and businesses	(40.6)	(31.0)
Other operating cash flows, net	(131.2)	(71.1)
Net cash used for operating activities	$          (45.3)	$            (3.1)

As noted in the table above, while net earnings before noncash deductions for depreciation, depletion, accretion and amortization increased during the first half of 2013 to $126.5 million from $99.0 million for the same period in the prior year, net cash used for operating activities increased $42.2 million. Operating cash flows were negatively impacted by changes in working capital accounts including a $107.7 million increase in accounts and notes receivable.

cash flows from investing activities

Net cash used for investing activities was $94.6 million during the six months ended June 30, 2013, a $99.0 million decrease in cash provided by investing activities compared to the prior year. This decrease in investing cash flow resulted largely from a $116.4 million increase in purchases of businesses and property, plant & equipment offset by a $17.5 million increase in proceeds from the sale of businesses and property, plant & equipment. During the first six months of 2013, we acquired three aggregates production facilities and four ready-mix concrete facilities for a total of $90.0 million. We also sold five aggregates production facilities and one replacement reserve site for $39.9 million. These transactions are consistent with our strategic focus on disposing non-core assets and building aggregates positions in markets with above average long-term demand growth.For additional details regarding acquisitions and dispositions, see Note 16 to the condensed consolidated financial statements.

cash flows from financing activities

Net cash used for financing activities increased $49.8 million during the six months ended June 30, 2013, compared to the same period of 2012. Financing cash flows for the first half of 2013 include proceeds of $111.0 million from drawing on our line of credit. This amount was more than offset by a $161.4 million increase in payments of current maturities of long term debt. During the first six months of 2013, we made scheduled debt payments of $10.0 million in January to retire the 8.70% medium-term note and $140.4 million in June to retire the 6.30% notes.

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debt

Certain debt measures are outlined below:

		June 30	December 31	June 30
dollars in millions		2013	2012	2012
Debt
Current maturities of long-term debt		$            0.2	$        150.6	$        285.2
Short-term debt 1		100.0	0	0
Long-term debt		2,524.4	2,526.4	2,528.4
Total debt		$     2,624.6	$     2,677.0	$     2,813.6
Capital
Total debt		$     2,624.6	$     2,677.0	$     2,813.6
Equity		3,813.5	3,761.1	3,742.9
Total capital		$     6,438.1	$     6,438.1	$     6,556.5
Total Debt as a Percentage of Total Capital		40.8%	41.6%	42.9%
Weighted-average Effective Interest Rates
Short-term debt 2		2.03%	N/A	N/A
Long-term debt		7.72%	7.71%	7.30%
Fixed versus Floating Interest Rate Debt
Fixed-rate debt		95.7%	99.5%	99.5%
Floating-rate debt		4.3%	0.5%	0.5%
1	Reflects borrowings under our line of credit that matures on March 12, 2018. Borrowings are shown as short-
	term due to our intent to repay within twelve months.
2	Reflects only the cost of borrowings; we also pay 0.375% for unused borrowing capacity and are amortizing
	deferred finance costs.

Scheduled debt payments during the first six months of 2013 included $10.0 million in January to retire the 8.70% medium-term note and $140.4 million in June to retire the 6.30% notes.

Our $0.2 million of current maturities of long-term debt as of June 30, 2013is due as follows:

	Current
in millions	Maturities
Third quarter 2013	$ 0.0
Fourth quarter 2013	0.2
First quarter 2014	0.0
Second quarter 2014	0.0

We expect to retire thecurrent maturities using existing cash.

In March 2013 we proactively amended our bank line of credit to extend its term from December 15, 2016 to March 12, 2018 and to reduce its capacity from $600.0 million to $500.0 million. The line of credit is secured by certain domestic accounts receivable and inventory. Borrowing capacity fluctuates with the level of eligible accounts receivable and inventory and may be less than $500.0 million at any point in time. As of June 30, 2013, our eligible borrowing capacity was $391.1 million.

Utilization of the borrowing capacity under our line of credit as of June 30, 2013:

§ $100.0 million was drawn

§ $55.6 million of borrowing capacity was used to provide support for outstanding standby letters of credit

Borrowings under the line of credit bear interest at a rate determined at the time of borrowing equal to the lower of the London Interbank Offered Rate (LIBOR) plus a margin ranging from 1.50% to 2.00% based on the level of utilization, or an alternative rate derived from the lender’s prime rate. Letters of credit issued under the line of credit are charged a fee equal to the applicable margin for LIBOR borrowings. The $100.0 million draw on our line of credit as of June 30, 2013 carries an interest rate of 2.03% which reflects an applicable margin for the LIBOR based borrowing of1.75%.

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debt ratings

Our debt ratings and outlooks as of June 30, 2013 are summarized below:

		Rating/Outlook	Date		Description
Senior Secured Line of Credit (Short-term Debt)
Moody's		Ba2/negative	7/12/2012	2	downgraded from Ba1/new
Senior Unsecured (Long-term Debt) 1
Moody's		Ba3/negative	7/12/2012	2	downgraded from Ba2/negative
Standard & Poor's		BB/stable	6/11/2012	3	outlook changed from watch positive to stable
1	Not all of our long-term debt is rated.
2	Rating/outlook reaffirmed July 3, 2013.
3	Rating/outlook reaffirmed June 27, 2013.

Equity

Our common stock issuances are summarized below:

	June 30	December 31	June 30
in thousands	2013	2012	2012
Common stock shares at beginning of year,
issued and outstanding	129,721	129,245	129,245
Common Stock Issuances
Acquisitions	0	61	0
Share-based compensation plans	242	415	148
Common stock shares at end of period,
issued and outstanding	129,963	129,721	129,393

During 2012, we issued 60,855 shares of common stock as a final payment for a  2011 business acquisition.

There were no shares held in treasury as of June 30, 2013, December 31, 2012 and June 30, 2012. There were 3,411,416shares remaining under the current purchase authorization of the Board of Directors as of June 30, 2013.

off-balance sheet arrangements

We have no off-balance sheet arrangements, such as financing or unconsolidated variable interest entities, that either have or are reasonably likely to have a current or future material effect on our:

§ results of operations

§ financial position

§ liquidity

§ capital expenditures

§ capital resources

Standby Letters of Credit

For a discussion of our standby letters of credit see Note 8 to the condensed consolidated financial statements.

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Cash Contractual Obligations

Our obligation to make future payments under contracts is presented in our most recent Annual Report on Form 10-K.

CRITICAL ACCOUNTING POLICIES

We follow certain significant accounting policies when preparing our consolidated financial statements. A summary of these policies is included in our Annual Report on Form 10-K for the year ended December 31, 2012 (Form 10-K).

We prepare these financial statements to conform with accounting principles generally accepted in the United States of America. These principles require us to make estimates and judgments that affect our reported amounts of assets, liabilities, revenues and expenses, and the related disclosures of contingent assets and contingent liabilities at the date of the financial statements. We base our estimates on historical experience, current conditions and various other assumptions we believe reasonable under existing circumstances and evaluate these estimates and judgments on an ongoing basis. The results of these estimates form the basis for our judgments about the carrying values of assets and liabilities as well as identifying and assessing the accounting treatment with respect to commitments and contingencies. Our actual results may materially differ from these estimates.

We believe that the accounting policies described in the “Management's Discussion and Analysis of Financial Condition and Results of Operations” section of our Form 10-K require the most significant judgments and estimates used in the preparation of our financial statements, so we consider these to be our critical accounting policies.

As a result of increased uncertainties regarding recovery of our tax assets, we have expanded our disclosure surrounding deferred tax assets and liabilities in our critical accounting policy for income tax. We consider our policy on income taxes to be a critical accounting policy due to the significant level of estimates, assumptions and judgments and its potential impact on our consolidated financial statements. We have included below a description of our accounting policy for income taxes, which reflects the expanded disclosure surrounding our deferred tax assets and liabilities.

iNCOME tAXES

how we determine Our deferred tax assets and liabilities

We file various federal, state and foreign income tax returns, including some returns that are consolidated with subsidiaries. We account for the current and deferred tax effects of such returns using the asset and liability method. Our current and deferred tax assets and liabilities reflect our best assessment of the estimated future taxes we will pay. Significant judgments and estimates are required in determining the current and deferred assets and liabilities. Annually, we compare the liabilities calculated for our federal, state and foreign income tax returns to the estimated liabilities calculated as part of the year end income tax provision. Any adjustments are reflected in our current and deferred tax assets and liabilities.

We recognize deferred tax assets and liabilities based on the differences between the financial statement carrying amounts and the tax basis of assets and liabilities. Deferred tax assets represent items to be used as a tax deduction or credit in future tax returns. Realization of the deferred tax assets ultimately depends on the existence of sufficient taxable income of the appropriate character in either the carryback or carryforward period.

Each quarter we analyze the likelihood that our deferred tax assets will be realized. A valuation allowance is recorded if, based on the weight of all available positive and negative evidence, it is more likely than not (a likelihood of more than 50%) that some portion, or all, of a deferred tax asset will not be realized. A summary of our deferred tax assets is included in Note 9 “Income Taxes” in our Annual Report on Form 10-K for the year ended December 31, 2012.

On an annual basis, we perform a complete analysis of all forms of positive and negative evidence based on year end results. During each interim period, we update our annual analysis for significant changes in the positive and negative evidence.

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At December 31, 2012, we identified the following forms of negative evidence:

§ we were in a cumulative loss position based on financial results for the trailing three years (our foreign operations were profitable during this period, but not to the extent to overcome the cumulative loss position)

§ certain of our deferred tax assets were carryforwards and had a relatively brief period before expiration (see table below)

§ significant levels of interest expense were forecasted related to our long-term debt

§ the aggregates industry had not fully recovered from the most recent economic downturn

Most positive evidence can be categorized into one of the four sources of taxable income sequentially. These are (from least to most subjective):

§ taxable income in prior years, if carryback is permitted under tax law (source one)

§ future reversals of existing temporary differences (source two)

§ tax planning strategies (source three)

§ future taxable income exclusive of reversing existing temporary differences and carryforwards (source four)

We have a financial model to quantify and analyze the four sources of taxable income. If a single source of taxable income is sufficient to eliminate the need for a valuation allowance, other sources do not need to be considered. However, if a valuation allowance is necessary after considering all four sources, we consider the weight of each source of taxable income, from least to most subjective, to determine the amount of valuation allowance to be recorded.

In prior years we exhausted all material forms of carryback potential (source one), and therefore, our analysisat December 31, 2012 focused on sources two, three and four. Our projection of the reversal of our existing temporary differences (source two) generated significant taxable income. This taxable income provided sufficient positive evidence to conclude that it was more likely than not that we will realize all of: (1) our deferred tax assets without expiration periods and (2) our federal net operating loss carryforward. However, this source of taxable income was not sufficient to project full utilization of our charitable contribution, foreign tax credit and state net operating loss carryforwards. The amount of these deferred tax asset carryforwards at December 31, 2012, along with their expiration periods is listed below:

	Deferred	Expiration
in thousands	Tax Assets	Periods
Charitable contribution carryforwards	$        9,953	2014 - 2017
Foreign tax credit carryforwards	22,409	2018 - 2021
State net operating loss carryforwards	45,929	2014 - 2032

To assess the realizability of these remaining deferred tax asset carryforwards, we looked to sources three and four of taxable income. In evaluating tax planning strategies (source three), we believe it would be both prudent and feasible, if necessary, to convert from LIFO to FIFO as our basis for valuing inventory for tax purposes. The financial model contemplated implementing this tax planning strategy during the year where it would be most beneficial in utilizing our remaining carryforwards.

Because we are in a trailing three-year cumulative loss position, we were prevented from considering future domestic taxable income (part of source four). However, our foreign operations have a long history of profitability, even during the most recent three years. Therefore, our financial model included future foreign taxable income (also part of source four), repatriated during the years where it would be most beneficial in utilizing our remaining carryforwards. Additionally, we ensured that our domestic cash needs were not impaired by the planned timing of such repatriation.

The taxable income generated from the third and fourth sources of taxable income was sufficient to project utilization of our charitable contribution and foreign tax credit carryforwards prior to their respective expiration periods. Therefore, based on this positive evidence, we determined that it was more likely than not that we will realize the benefit of these two deferred tax asset carryforwards.

Our analysis indicated that we should provide a valuation allowance of $38,837,000 against our state net operating loss deferred tax asset carryforward balance of $45,929,000. This was an increase of $9,080,000 from the 2011 valuation allowance.

Of the $38,837,000 valuation allowance, $36,712,000 related to an Alabama net operating loss deferred tax asset carryforward. The remaining valuation allowance of $2,125,000 related to other state net operating loss deferred tax asset carryforwards. Based on the following reasons, we do not believe it is more likely than not these carryforwards will be realized:

§ the required filing groups in many states are different from the federal filing group

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§ certain states have short expiration periods or other limitations on the usage of a net operating loss

§ we no longer file in certain states for which we have net operating loss carryforwards

In the future, if we determine that realization is more likely than not for deferred tax assets with a valuation allowance, the related valuation allowance will be reduced and we will record a benefit to earnings. Conversely, if we determine that it is more likely than not that we will not be able to realize a portion of our deferred tax assets, we will increase the valuation allowance and record a charge to earnings.

foreign earnings

U.S. income taxes are not provided on foreign earnings when such earnings are indefinitely reinvested offshore. We periodically evaluate our investment strategies for each foreign tax jurisdiction in which we operate to determine whether foreign earnings will be indefinitely reinvested offshore and, accordingly, whether U.S. income taxes should be provided when such earnings are recorded.

Unrecognized income tax benefits

We recognize an income tax benefit associated with an uncertain tax position when, in our judgment, it is more likely than not that the position will be sustained upon examination by a taxing authority. For a tax position that meets the more-likely-than-not recognition threshold, we initially and subsequently measure the income tax benefit as the largest amount that we judge to have a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority. Our liability associated with unrecognized tax benefits is adjusted periodically due to changing circumstances, such as the progress of tax audits, case law developments and new or emerging legislation. Such adjustments are recognized entirely in the period in which they are identified. Our income tax provision includes the net impact of changes in the liability for unrecognized income tax benefits and subsequent adjustments as we consider appropriate.

Before a particular matter for which we have recorded a liability related to an unrecognized income tax benefit is audited and finally resolved, a number of years may elapse. The number of years with open tax audits varies by jurisdiction. While it is often difficult to predict the final outcome or the timing of resolution of any particular tax matter, we believe our liability for unrecognized income tax benefits is adequate. Favorable resolution of an unrecognized income tax benefit could be recognized as a reduction in our income tax provision and effective tax rate in the period of resolution. Unfavorable settlement of an unrecognized income tax benefit could increase the income tax provision and effective tax rate in the period of resolution.

We consider an issue to be resolved at the earlier of settlement of an examination, the expiration of the statute of limitations, or when the issue is "effectively settled." Our liability for unrecognized income tax benefits is generally presented as noncurrent. However, if we anticipate paying cash within one year to settle an uncertain tax position, the liability is presented as current. We classify interest and penalties recognized on the liability for unrecognized income tax benefits as income tax expense.

Statutory depletion

Our largest permanent item in computing both our effective tax rate and taxable income is the deduction allowed for statutory depletion. The impact of statutory depletion on the effective tax rate is includedin Note 9 “Income Taxes” in our Annual Report on Form 10-K for the year ended December 31, 2012. The deduction for statutory depletion does not necessarily change proportionately to changes in pretax earnings.

new Accounting standards

For a discussion of the accounting standards recently adopted or pending adoption and the affect such accounting changes will have on our results of operations, financial position or liquidity, see Note 17 to the condensed consolidated financial statements.

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FORWARD-LOOKING STATEMENTS

Certain matters discussed in this report, including expectations regarding future performance, contain forward-looking statements that are subject to assumptions, risks and uncertainties that could cause actual results to differ materially from those projected. These assumptions, risks and uncertainties include, but are not limited to:

§ cost reductions, profit enhancements and asset sales, as well as streamlining and other strategic actions we adopted, will not be able to be realized to the desired degree or within the desired time period and that the results thereof will differ from those anticipated or desired

§ uncertainties as to the timing and valuations that may be realized or attainable with respect to planned asset sales

§ general  economic and business conditions

§ the timing and amount of federal, state and local funding for infrastructure

§ the effects of the sequestration on demand for our products in markets that may be subject to decreases in federal spending

§ changes in our effective tax rate

§ the increasing reliance on information technology infrastructure for our ticketing, procurement, financial statements and other processes can adversely affect operations in the event that the infrastructure does not work as intended or experiences technical difficulties

§ the impact of the state of the global economy on our business and financial condition and access to capital markets

§ changes in the level of spending for residential and  private nonresidential construction

§ the highly competitive nature of the construction materials industry

§ the impact of future regulatory or legislative actions

§ the outcome of pending legal proceedings

§ pricing of our products

§ weather and other natural phenomena

§ energy costs

§ costs of hydrocarbon-based raw materials

§ healthcare costs

§ the amount of long-term debt and interest expense we incur

§ changes in interest rates

§ the impact of our below investment grade debt rating on our cost of capital

§ volatility in pension plan asset values and liabilities which may require cash contributions to the pension plans

§ the impact of environmental clean-up costs and other liabilities relating to previously divested businesses

§ our ability to secure and permit aggregates reserves in strategically located areas

§ our ability to manage and successfully integrate acquisitions

§ the potential of goodwill or long-lived asset impairment

§ the potential impact of future legislation or regulations relating to climate change or greenhouse gas emissions or the definition of minerals

§ other assumptions, risks and uncertainties detailed from time to time in our periodic reports

All forward-looking statements are made as of the date of filing. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Investors are cautioned not to rely unduly on such forward-looking statements when evaluating the information presented in our filings, and are advised to consult any of our future disclosures in filings made with the Securities and Exchange Commission and our press releases with regard to our business and consolidated financial position, results of operations and cash flows.

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INVESTOR information

We make available on our website, www.vulcanmaterials.com, free of charge, copies of our:

§ Annual Report on Form 10-K

§ Quarterly Reports on Form 10-Q

§ Current Reports on Form 8-K

We also provide amendments to those reports filed with or furnished to the Securities and Exchange Commission (SEC) pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 as well as all Forms 3, 4 and 5 filed with the SEC by our executive officers and directors, as soon as the filings are made publicly available by the SEC on its EDGAR database (www.sec.gov).

The public may read and copy materials filed with the SEC at the Public Reference Room of the SEC at 100 F Street, NE,  Washington, D. C. 20549. The public may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-732-0330. In addition to accessing copies of our reports online, you may request a copy of our Annual Report on Form 10-K, including financial statements, by writing to Jerry F. Perkins Jr., Secretary, Vulcan Materials Company, 1200 Urban Center Drive, Birmingham, Alabama 35242.

We have a:

§ Business Conduct Policy applicable to all employees and directors

§ Code of Ethics for the CEO and Senior Financial Officers

Copies of the Business Conduct Policy and the Code of Ethics are available on our website under the heading “Corporate Governance.” If we make any amendment to, or waiver of, any provision of the Code of Ethics, we will disclose such information on our website as well as through filings with the SEC.

Our Board of Directors has also adopted:

§ Corporate Governance Guidelines

§ Charters for its Audit, Compensation and Governance Committees

These documents meet all applicable SEC and New York Stock Exchange regulatory requirements.

Each of these documents is available on our website under the heading, “Corporate Governance,” or you may request a copy of any of these documents by writing to Jerry F. Perkins Jr., Secretary, Vulcan Materials Company, 1200 Urban Center Drive,  Birmingham,  Alabama35242.

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ITEM 3

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

MARKET RISK

We are exposed to certain market risks arising from transactions that are entered into in the normal course of business. In order to manage or reduce these market risks, we may utilize derivative financial instruments. We do not enter into derivative financial instruments for speculative or trading purposes.

We are exposed to interest rate risk due to our various credit facilities and long-term debt instruments. At times, we use interest rate swap agreements to manage this risk.

AtJune 30, 2013, the estimated fair value of our long-term debt instruments including current maturities was $2,756.4 million compared to a book value of $2,524.6 million. The estimated fair value was determined by discounting expected future cash flows based on credit-adjusted interest rates on U.S. Treasury bills, notes or bonds, as appropriate. The fair value estimate is based on information available as of the measurement date. Although we are not aware of any factors that would significantly affect the estimated fair value amount, it has not been comprehensively revalued since the measurement date. The effect of a decline in interest rates of one percentage point would increase the fair value of our liability by $140.3 million.

We are exposed to certain economic risks related to the costs of our pension and other postretirement benefit plans. These economic risks include changes in the discount rate for high-quality bonds, the expected return on plan assets and the rate of increase in the per capita cost of covered healthcare benefits. The impact of a change in these assumptions on our annual pension and other postretirement benefits costs is discussed in our most recent Annual Report on Form 10-K.

ITEM 4

controls and procedures

disclosure controls and procedures

We maintain a system of controls and procedures designed to ensure that information required to be disclosed in reports we file with the SEC is recorded, processed, summarized and reported within the time periods specified by the SEC's rules and forms. These disclosure controls and procedures (as defined in the Securities and Exchange Act of 1934 Rules 13a - 15(e) or 15d - 15(e)), include, without limitation, controls and procedures designed to ensure that information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure. Our Chief Executive Officer and Chief Financial Officer, with the participation of other management officials, evaluated the effectiveness of the design and operation of the disclosure controls and procedures as of June 30, 2013. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are effective.

We are in the process of replacing our legacy information technology systems and have substantially completed the implementation of new financial reporting software, which is a major component of the replacement. In addition, we have substantially completed implementing a new quote to cash software system, which is another significant component of the replacement. The new information technology systems were a source for most of the information presented in this Quarterly Report on Form 10-Q. We are continuing to work towards the full implementation of the new information technology systems.

No other changes were made to our internal controls over financial reporting or other factors that could materially affect these controls during the second quarter of 2013.

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part Ii   other information

ITEM 1

legal proceedings

Certain legal proceedings in which we are involved are discussed in Note 12 to the consolidated financial statements and Part I, Item 3 of our Annual Report on Form 10-K for the year ended December 31, 2012, and in Note 8 to the condensed consolidated financial statements and Part II, Item 1 of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2013. See Note 8 to the condensed consolidated financial statements of this Form 10-Q for a discussion of certain recent developments concerning our legal proceedings.

ITEM 1A

risk factors

There were no material changes to the risk factors disclosed in Item 1A of Part I in our Form 10-K for the year ended December 31, 2012.

ITEM 4

MINE SAfETY DISCLOSURES

The information concerning mine safety violations or other regulatory matters required by Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 104 of Regulation S-K is included in Exhibit 95 of this report.

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ITEM 6

exhibits

Exhibit 31(a)	Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Exhibit 31(b)	Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Exhibit 32(a)	Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
Exhibit 32(b)	Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
Exhibit 95	MSHA Citations and Litigation
Exhibit 101.INS	XBRL Instance Document
Exhibit 101.SCH	XBRL Taxonomy Extension Schema Document
Exhibit 101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
Exhibit 101.LAB	XBRL Taxonomy Extension Label Linkbase Document
Exhibit 101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document
Exhibit 101.DEF	XBRL Taxonomy Extension Definition Linkbase Document

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	VULCAN MATERIALS COMPANY
Date       August6, 2013	/s/ Ejaz A. Khan Ejaz A. Khan Vice President, Controller and Chief Information Officer (Principal Accounting Officer)
Date       August 6, 2013	/s/ Daniel F. Sansone Daniel F. Sansone Executive Vice President, Chief Financial Officer (Principal Financial Officer)

42

EX-31

exhibit 31(a)

certification of chief executive officer

I, Donald M. James, certify that:
1.	I have reviewed this quarterly report on Form 10-Q of Vulcan Materials Company;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for the periods presented in this report;
4.	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
	a)	Designed such disclosure controls and procedures or caused such disclosure controls and procedures to be designed under our supervision to ensure that material information relating to the registrant including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.	The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date       August 6, 2013
			/s/ Donald M. James Donald M. James Chairman and Chief Executive Officer

Exhibit 31(a)

exhibit 31(b)

certification of chief financial officer

I, Daniel F. Sansone, certify that:
1.	I have reviewed this quarterly report on Form 10-Q of Vulcan Materials Company;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for the periods presented in this report;
4.	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
	a)	Designed such disclosure controls and procedures or caused such disclosure controls and procedures to be designed under our supervision to ensure that material information relating to the registrant including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.	The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date       August 6, 2013
			/s/ Daniel F. Sansone Daniel F. Sansone, Executive Vice President and Chief Financial Officer

Exhibit 31(b)

EX-32

Exhibit 32(a)

certification of chief executive officer

of

vulcan materials company
Pursuant to 18 U.s.c. Section 1350
as adopted pursuant to section 906 of the sarbanes oxley act of 2002

I, Donald M. James, Chairman and Chief Executive Officer of Vulcan Materials Company, certify that the Quarterly Report on Form 10-Q (the “report”) for the quarter ended June 30, 2013, filed with the Securities and Exchange Commission on the date hereof:
	(i)	fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and
	(ii)	the information contained in the report fairly presents, in all material respects, the financial condition and results of operations of Vulcan Materials Company.
			/s/ Donald M. James                                 Donald M. James Chairman and Chief Executive Officer August 6, 2013
A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Vulcan Materials Company and will be retained by Vulcan Materials Company and furnished to the Securities and Exchange Commission or its staff upon request.

Exhibit 32(a)

exhibit 32(b)

certification of chief financial officer

of

vulcan materials company
Pursuant to 18 U.s.c. Section 1350
as adopted pursuant to section 906 of the sarbanes oxley act of 2002

I, Daniel F. Sansone, Executive Vice President and Chief Financial Officer of Vulcan Materials Company, certify that the Quarterly Report on Form 10-Q (the “report”) for the quarter ended June 30, 2013, filed with the Securities and Exchange Commission on the date hereof:
	(i)	fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and
	(ii)	the information contained in the report fairly presents, in all material respects, the financial condition and results of operations of Vulcan Materials Company.
			/s/ Daniel F. Sansone                                Daniel F. Sansone,  Executive Vice President and Chief Financial Officer August 6, 2013
A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Vulcan Materials Company and will be retained by Vulcan Materials Company and furnished to the Securities and Exchange Commission or its staff upon request.

Exhibit 32(b)

EX-95

exhibit 95

msha citations and litigation

On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) was enacted. Section 1503 of the Dodd-Frank Act requires companies that are “operators” (as such term is defined in the Federal Mine Safety and Health Act of 1977 (the Mine Act)) to disclose certain mine safety information in each periodic report to the Securities and Exchange Commission. This information is related to the enforcement of the Mine Act by the Mine Safety and Health Administration (MSHA).

The Dodd-Frank Act and the subsequent implementing regulation issued by the SEC require disclosure of the following categories of violations, orders and citations: (1) Section 104 S&S Citations, which are citations issued for violations of mandatory health or safety standards that could significantly and substantially contribute to the cause and effect of a mine safety or health hazard; (2) Section 104(b) Orders, which are orders issued upon a follow up inspection where the inspector finds the violation previously cited has not been totally abated in the prescribed time period; (3) Section 104(d) Citations and Orders, which are issued upon violations of mandatory health or safety standards caused by an unwarrantable failure of the operator to comply with the standards; (4) Section 110(b)(2) Violations, which result from the reckless and repeated failure to eliminate a known violation; (5) Section 107(a) Orders, which are given when MSHA determines that an imminent danger exists and results in an order of immediate withdrawal from the area of the mine affected by the condition; and (6) written notices from MSHA of a pattern of violations of mandatory health or safety standards that are of such nature as could have significantly and substantially contributed to the cause and effect of mine health or safety hazards under Section 104(e). In addition, the Dodd-Frank Act requires the disclosure of the total dollar value of proposed assessments from MSHA under the Mine Act and the total number of mining related fatalities.

The following disclosures are made pursuant to Section 1503.

During the three months ended June 30, 2013,  none of our operations: (i) had any flagrant violations under Section 110(b)(2);(ii) received notice from MSHA of a pattern of violations of mandatory health or safety standards under Section 104(e); or (iii) had any mining-related fatalities.

Exhibit 95 – Page 1

second Quarter 2013

The table below sets forth, by mine, the total number of citations and/or orders issued by MSHA during the period covered by this report under the indicated provisions of the Mine Act, together with the total dollar value of proposed assessments, if any, from MSHA, received during the three months ended June 30, 2013.  Of our 231 active MSHA-regulated facilities during the quarter, we received 151 federal mine safety inspections at 137facilities during the reporting period. Of our inspected facilities,  113 did not receive any reportable citations or orders.

Name of Operation	Number of Inspections	Total Number of S&S Citations	Mine Act § 104(b) Orders	Mine Act § 104(d) Citations and Orders	Mine Act § 110(b)(2) Violations	Mine Act § 107(a) Orders	Total Dollar Value of Proposed MSHA Assessments (dollars in thousands)	Total Number of Mining Related Fatalities	Received Written Notice under Mine Act § 104(e) (yes/no)
BOLINGBROOK STONE, IL	1	1	0	0	0	0	0.0	0	NO
CALCIUM PLANT, FL	1	1	0	0	0	0	0.6	0	NO
COLUMBIA QUARRY, SC	1	1	0	0	0	0	0.0	0	NO
DALTON, GA	1	1	0	0	0	0	0.0	0	NO
GRAND RIVERS, KY	1	1	0	0	0	0	0.0	0	NO
GREYSTONE QUARRY, NC	1	1	0	0	0	0	0.0	0	NO
HELENA QUARRY, AL	1	1	0	0	0	0	0.0	0	NO
HUEBNER RD STONE, TX	1	2	0	0	0	0	0.0	0	NO
HUNTSVILLE NORTH, AL	1	1	0	0	0	0	0.2	0	NO
KANKAKEE, IL	0	1	0	0	0	0	0.7	0	NO
KINGSPORT QUARRY, TN	1	2	0	0	0	0	0.0	0	NO
MACON QUARRY, GA	1	1	0	0	0	0	0.0	0	NO
MECKLENBURG QUARRY, VA	1	2	0	0	0	0	0.0	0	NO
NORTH QUARRY, NC	1	1	0	0	0	0	0.0	0	NO
RICHMON RD QUARRY, KY	2	1	0	0	0	0	0.2	0	NO
ROYAL STONE QUARRY, VA	1	1	0	0	0	0	0.2	0	NO
SAN EMIDIO S&G, CA	1	1	0	0	0	0	0.0	0	NO
SANGER S&G, CA	1	1	0	0	0	0	0.2	0	NO
STAFFORD PLANT, VA	0	1	0	0	0	0	0.0	0	NO
TABLE MOUNTAIN PLANT, CA	1	1	0	0	0	0	0.0	0	NO
TSB CEMENT PLANT, FL	1	1	0	0	0	0	0.0	0	NO
VAL VISTA S&G, AZ	1	2	0	0	0	0	0.0	0	NO
WEATHERFORD STONE, TX	1	2	0	0	0	1	0.6	0	NO
WHEELER RIDGE, CA	2	1	0	0	0	0	0.1	0	NO
OTHER OPERATIONS -  113	127	0	0	0	0	0	0.0	0	NO
Total	151	29	0	0	0	1	2.8	0

The total dollar value of proposed assessments received during the three months ended June 30, 2013 for all other citations, as well as proposed assessments received during the reporting period for citations previously issued, is  $65,403.

The table below sets forth, by mine, category of legal action and number of legal actions pending before the Federal Mine Safety and Health Review Commission as of June 30, 2013.

	Number of Legal Actions
Name of Operation	Contest Penalty	Contest Citations	Complaint of Discharge, Discrimination
BLACKSBURG, SC	1	0	0
BOLINGBROOK STONE, IL	1	0	1
CHEROKEE QUARRY, AL	1	0	0
FORT PAYNE QUARRY, AL	1	0	0
GRAND RIVERS QUARRY, KY	0	0	3
HELOTES STONE, TX	1	0	0
HOUSTON YARD, TX	1	0	0
KINGSPORT QUARRY, TN	1	0	0
LEMONT, IL	1	0	0
MANASSAS QUARRY, VA	2	0	0
MCCOOK QUARRY, IL	2	0	0
NOTASULGA QUARRY, AL	1	0	0
PINEVILLE QUARRY, NC	1	0	0
PUDDLEDOCK, VA	1	0	0
RICHMOND QUARRY, VA	1	0	0
ROCHESTER S&G, IL	1	0	0
ROCKINGHAM QUARRY, NC	1	0	0
ROYAL STONE QUARRY, VA	1	0	0
SHELBYVILLE QUARRY, TN	0	6	0
SPICEWOOD, TX	1	0	0
STAFFORD QUARRY, VA	1	0	0

Exhibit 95 – Page 2

Table continued from prior page	Number of Legal Actions
Name of Operation	Contest Penalty	Contest Citations	Complaint of Discharge, Discrimination
SUN CITY S&G, AZ	1	0	0
TAMPA CEMENT GRANDING PLANT, FL	1	0	0
TUSCALOOSA QUARRY, AL	2	3	0
TUSCUMBIA QUARRY, AL	1	0	0
VULCAN DRILL SERVICES SG, AL	1	1	0
WEST 43RD S&G, AZ	1	0	0
WILSON COUNTY, TN	1	10	0

The table below sets forth, by mine, category of legal action and number of legal actions filed before the Federal Mine Safety and Health Review Commission during the three months ended June 30, 2013.

	Number of Legal Actions
Name of Operation	Contest Penalty	Contest Citations	Complaint of Discharge, Discrimination
BOLINGBROOK STONE, IL	1	0	0
CHEROKEE QUARRY, AL	1	0	0
GRAND RIVERS QUARRY, KY	0	0	3
PINEVILLE QUARRY, NC	1	0	0
ROYAL STONE QUARRY, VA	1	0	0
SPICEWOOD, TX	1	0	0
STAFFORD QUARRY, VA	1	0	0
TUSCALOOSA QUARRY, AL	2	0	0
VULCAN DRILL SERVICES SG, AL	1	0	0
WEST 43RD S&G, AZ	1	0	0

The table below sets forth, by mine, category of legal action and number of legal actions resolved by the Federal Mine Safety and Health Review Commission during the three months ended June 30, 2013.

	Number of Legal Actions
Name of Operation	Contest Penalty	Contest Citations	Complaint of Discharge, Discrimination
BOLINGBROOK STONE, IL	1	0	0
FREDERICK QUARRY, MD	1	0	0
GRAND RIVERS QUARRY, KY	2	0	1
HARDIN COUNTY, KY	1	0	0
HARRISON COUNTY, IN	1	0	0
LITHIA SPRINGS, GA	1	0	0
MANASSAS QUARRY, VA	1	0	0
MANTENO, IL	2	0	0
MIAMI QUARRY, FL	1	0	0
PARSONS QUARY, TN	1	0	0
RICHMOND ROAD, KY	1	0	0
SHELBYVILLE QUARRY, TN	1	0	0
STOCKBRIDGE, GA	1	0	0

Exhibit 95 – Page 3

XML

EQUITY

6 Months Ended

Jun. 30, 2013

EQUITY [Abstract]

EQUITY

Note 12: Equity

Changes in total equity for the six months ended June 30, 2013 are summarized below:

	Total
in thousands	Equity
Balance at December 31, 2012	$    3,761,062
Net loss	(26,064)
Common stock issued
Share-based compensation plans	280
Share-based compensation expense	11,102
Excess tax benefits from share-based compensation	888
Cash dividends on common stock ($0.02 per share)	(2,598)
Other comprehensive income	68,851
Other	(1)
Balance at June 30, 2013	$    3,813,520

There werenoshares held in treasury as of June 30, 2013, December 31, 2012 and June 30, 2012. As of June 30,  2013,  3,411,416 shares may be repurchased under the current purchase authorization of our Board of Directors.

XML

DEBT (Summary of Debt) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013		Dec. 31, 2012		Jun. 30, 2012
Debt Instrument [Line Items]
Total short-term debt	$ 100,000		$ 0		$ 0
Long Term Debt
Total long-term debt including current maturities	2,524,581		2,677,003		2,813,539
Less current maturities	161		150,602		285,152
Total long-term debt	2,524,420		2,526,401		2,528,387
Estimated fair value of long-term debt	2,756,202		2,766,835		2,636,409
Line of Credit
Debt Instrument [Line Items]
Total short-term debt	100,000		0		0
5.60% notes due 2012
Long Term Debt
Total long-term debt including current maturities	0	[1]	0	[1]	134,535	[1]
6.30% notes due 2013
Long Term Debt
Total long-term debt including current maturities	0	[2]	140,413	[2]	140,382	[2]
10.125% notes due 2015
Long Term Debt
Total long-term debt including current maturities	152,317	[3]	152,718	[3]	153,100	[3]
6.50% notes due 2016
Long Term Debt
Total long-term debt including current maturities	513,369	[4]	515,060	[4]	516,701	[4]
6.40% notes due 2017
Long Term Debt
Total long-term debt including current maturities	349,897	[5]	349,888	[5]	349,878	[5]
7.00% notes due 2018
Long Term Debt
Total long-term debt including current maturities	399,751	[6]	399,731	[6]	399,711	[6]
10.375% notes due 2018
Long Term Debt
Total long-term debt including current maturities	248,757	[7]	248,676	[7]	248,599	[7]
7.50% notes due 2021
Long Term Debt
Total long-term debt including current maturities	600,000	[8]	600,000	[8]	600,000	[8]
7.15% notes due 2037
Long Term Debt
Total long-term debt including current maturities	239,557	[9]	239,553	[9]	239,549	[9]
Medium-term Notes
Long Term Debt
Total long-term debt including current maturities	6,000		16,000		16,000
Municipal Bonds
Long Term Debt
Total long-term debt including current maturities	14,000		14,000		14,000
Other Notes
Long Term Debt
Total long-term debt including current maturities	$ 933		$ 964		$ 1,084

[1] Includes decreases for unamortized discounts, as follows: June 30, 2012 — $22 thousand.

[2] Includes decreases for unamortized discounts, as follows: December 31, 2012 — $30 thousand and June 30, 2012 — $62 thousand.

[3] Includes an increase for the unamortized portion of the deferred gain realized upon the August 2011 settlement of interest rate swaps, as follows: June 30, 2013 — $2,543 thousand, December 31, 2012 — $2,983 thousand and June 30, 2012 — $3,402 thousand. Additionally, includes decreases for unamortized discounts, as follows: June 30, 2013 — $226 thousand, December 31, 2012 — $265 thousand and June 30, 2012 — $302 thousand. The effective interest rate for these notes is 9.59%.

[4] Includes an increase for the unamortized portion of the deferred gain realized upon the August 2011 settlement of interest rate swaps, as follows: June 30, 2013 — $13,369 thousand, December 31, 2012 — $15,060 thousand and June 30, 2012 — $16,701 thousand. The effective interest rate for these notes is 6.02%.

[5] Includes decreases for unamortized discounts, as follows: June 30, 2013 — $103 thousand, December 31, 2012 —$112 thousand and June 30, 2012 — $122 thousand. The effective interest rate for these notes is 7.41%.

[6] Includes decreases for unamortized discounts, as follows: June 30, 2013 — $249 thousand, December 31, 2012 — $269 thousand and June 30, 2012 — $289 thousand. The effective interest rate for these notes is 7.87%.

[7] Includes decreases for unamortized discounts, as follows: June 30, 2013 — $1,243 thousand, December 31, 2012 — $1,324 thousand and June 30, 2012 — $1,401 thousand. The effective interest rate for these notes is 10.62%.8. The effective interest rate for these notes is 7.75%.

[8] The effective interest rate for these notes is 7.75%.

[9] Includes decreases for unamortized discounts, as follows: June 30, 2013 — $631 thousand, December 31, 2012 —$635 thousand and June 30, 2012 — $639 thousand. The effective interest rate for these notes is 8.05%.

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Condensed Consolidated Statements of Comprehensive Income (USD $) Share data in Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Statements of Comprehensive Income [Abstract]
Net sales	$ 696,078,000	$ 648,890,000	$ 1,200,632,000	$ 1,148,741,000
Delivery revenues	42,655,000	45,246,000	76,263,000	81,277,000
Total revenues	738,733,000	694,136,000	1,276,895,000	1,230,018,000
Cost of goods sold	563,183,000	542,951,000	1,050,082,000	1,020,844,000
Delivery costs	42,655,000	45,246,000	76,263,000	81,277,000
Cost of revenues	605,838,000	588,197,000	1,126,345,000	1,102,121,000
Gross profit	132,895,000	105,939,000	150,550,000	127,897,000
Selling, administrative and general expenses	64,902,000	61,914,000	129,557,000	126,826,000
Gain on sale of property, plant & equipment and businesses, net	23,410,000	13,152,000	27,520,000	19,678,000
Restructuring charges	0	(4,551,000)	(1,509,000)	(5,962,000)
Exchange offer costs	0	(32,060,000)	0	(42,125,000)
Other operating income (expense), net	(4,537,000)	(904,000)	(10,196,000)	720,000
Operating earnings (loss)	86,866,000	19,662,000	36,808,000	(26,618,000)
Other nonoperating income (expense), net	286,000	(709,000)	2,658,000	2,391,000
Interest income expense, nonoperating, net	50,873,000	53,687,000	103,623,000	105,954,000
Earnings (loss) from continuing operations before income taxes	36,279,000	(34,734,000)	(64,157,000)	(130,181,000)
Provision for (benefit from) income taxes	6,151,000	(17,749,000)	(32,666,000)	(56,145,000)
Earnings (loss) from continuing operations	30,128,000	(16,985,000)	(31,491,000)	(74,036,000)
Earnings (loss) on discontinued operations, net of tax	(1,356,000)	(1,298,000)	5,427,000	3,700,000
Net earnings (loss)	28,772,000	(18,283,000)	(26,064,000)	(70,336,000)
Other comprehensive income, net of tax
Reclassification adjustment for cash flow hedges	835,000	955,000	1,689,000	1,893,000
Adjustment for funded status of pension plans	60,299,000	0	60,299,000	0
Amortization of pension and postretirement benefit plans actuarial loss and prior service cost	3,431,000	3,084,000	6,863,000	6,168,000
Other comprehensive income	64,565,000	4,039,000	68,851,000	8,061,000
Comprehensive income (loss)	93,337,000	(14,244,000)	42,787,000	(62,275,000)
Basic earnings (loss) per share
Continuing operations	$ 0.23	$ (0.13)	$ (0.24)	$ (0.57)
Discontinued operations	$ (0.01)	$ (0.01)	$ 0.04	$ 0.03
Net earnings (loss) per share	$ 0.22	$ (0.14)	$ (0.20)	$ (0.54)
Diluted earnings (loss) per share
Continuing operations	$ 0.23	$ (0.13)	$ (0.24)	$ (0.57)
Discontinued operations	$ (0.01)	$ (0.01)	$ 0.04	$ 0.03
Net earnings (loss) per share	$ 0.22	$ (0.14)	$ (0.20)	$ (0.54)
Weighted-average common shares outstanding
Basic	130,250	129,676	130,219	129,634
Assuming dilution	131,332	129,676	130,219	129,634
Cash dividends per share of common stock	$ 0.01	$ 0.01	$ 0.02	$ 0.02
Depreciation, depletion, accretion and amortization	$ 76,961,000	$ 84,116,000	$ 152,557,000	$ 169,283,000
Effective tax rate from continuing operations	17.00%	51.10%	50.90%	43.10%

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FAIR VALUE MEASUREMENTS

6 Months Ended

Jun. 30, 2013

FAIR VALUE MEASUREMENTS [Abstract]

FAIR VALUE MEASUREMENTS

Note 5: Fair Value Measurements

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels as described below:

Level 1: Quoted prices in active markets for identical assets or liabilities

Level 2: Inputs that are derived principally from or corroborated by observable market data

Level 3: Inputs that are unobservable and significant to the overall fair value measurement

Our assets subject to fair value measurement on a recurring basis are summarized below:

	Level 1
	June 30	December 31	June 30
in thousands	2013	2012	2012
Fair Value Recurring
Rabbi Trust
Mutual funds	$       13,689	$       13,349	$       14,404
Equities	10,638	9,843	7,726
Total	$       24,327	$       23,192	$       22,130

	Level 2
	June 30	December 31	June 30
in thousands	2013	2012	2012
Fair Value Recurring
Rabbi Trust
Common/collective trust funds	$        1,507	$        2,265	$           384
Total	$        1,507	$        2,265	$           384

We have established two Rabbi Trusts for the purpose of providing a level of security for the employee nonqualified retirement and deferred compensation plans and for the directors' nonqualified deferred compensation plans. The fair values of these investments are estimated using a market approach. The Level 1 investments include mutual funds and equity securities for which quoted prices in active markets are available. Level 2 investments are stated at estimated fair value based on the underlying investments in those funds(short-term, highly liquid assets in commercial paper, short-term bonds and certificates of deposit).

The carrying values of our cash equivalents, accounts and notes receivable, current maturities of long-term debt, short-term borrowings, trade payables and accruals, and other current liabilities approximate their fair values because of the short-term nature of these instruments. Additional disclosures for derivative instruments and interest-bearing debt are presented in Notes 6  and 7, respectively.

Assets that were subject to fair value measurement on a nonrecurring basis are summarized below:

	As of December 31, 2012
		Impairment
in thousands	Level 3	Charges
Fair Value Nonrecurring
Assets held for sale (Note 16)	$       10,559	$         1,738
Totals	$       10,559	$         1,738

The fair values of the assets classified as held for sale were estimated based on the negotiated transaction values. The impairment charges represent the difference between the carrying value and the fair value, less costs to sell, of the assets.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Weighted-Average Common Shares Outstanding

	Three Months Ended		Six Months Ended
		June 30			June 30
in thousands	2013	2012		2013	2012
Weighted-average common shares
outstanding	130,250	129,676		130,219	129,634
Dilutive effect of
Stock options/SOSARs	442	0		0	0
Other stock compensation plans	640	0		0	0
Weighted-average common shares
outstanding, assuming dilution	131,332	129,676		130,219	129,634

Antidilutive Common Stock Equivalents

	Three Months Ended		Six Months Ended
		June 30			June 30
in thousands	2013	2012		2013	2012
Antidilutive common stock equivalents	2,899	5,054		2,899	5,053

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SEGMENT REPORTING (Narrative) (Details)	6 Months Ended
	Jun. 30, 2013 segment
SEGMENT REPORTING [Abstract]
Number of operating segments	4

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COMMITMENTS AND CONTINGENCIES (Summary Of Standby Letters Of Credit) (Details) (USD $)	Jun. 30, 2013
Standby Letters of Credit
Risk management insurance	$ 34,590,000
Industrial revenue bond	14,230,000
Reclamation/restoration requirements	6,755,000
Total	$ 55,575,000

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SEGMENT REPORTING

6 Months Ended

Jun. 30, 2013

SEGMENT REPORTING [Abstract]

SEGMENT REPORTING

Note 13: Segment Reporting

We have four operating segments organized around our principal product lines: aggregates, concrete, asphalt mix and cement. The vast majority of our activities are domestic. We sell a relatively small amount of construction aggregates outside the United States. Intersegment sales are made at local market prices for the particular grade and quality of product utilized in the production of ready-mixed concrete and asphalt mix. Management reviews earnings from the product line reporting segments principally at the gross profit level.

segment financial disclosure

		Three Months Ended		Six Months Ended
			June 30		June 30
in millions		2013	2012	2013	2012
Total Revenues
Aggregates 1
Segment revenues		$        508.4	$        471.1	$        867.4	$        826.8
Intersegment sales		(44.4)	(39.2)	(78.0)	(70.4)
Net sales		464.0	431.9	789.4	756.4
Concrete 2
Segment revenues		120.3	103.0	220.2	195.5
Intersegment sales		0	(0.4)	0	(0.9)
Net sales		120.3	102.6	220.2	194.6
Asphalt Mix
Segment revenues		99.9	103.7	167.2	175.0
Net sales		99.9	103.7	167.2	175.0
Cement 3
Segment revenues		23.8	20.3	46.5	40.8
Intersegment sales		(11.9)	(9.6)	(22.7)	(18.1)
Net sales		11.9	10.7	23.8	22.7
Totals
Net sales		696.1	648.9	1,200.6	1,148.7
Delivery revenues		42.6	45.2	76.3	81.3
Total revenues		$        738.7	$        694.1	$     1,276.9	$     1,230.0
Gross Profit
Aggregates		$        127.1	$        111.8	$        151.9	$        145.9
Concrete		(5.8)	(9.0)	(15.9)	(21.3)
Asphalt Mix		9.2	5.1	11.2	4.5
Cement		2.4	(2.0)	3.4	(1.2)
Total		$        132.9	$        105.9	$        150.6	$        127.9
Depreciation, Depletion,
Accretion and Amortization4
Aggregates		$          56.6	$          61.7	$        112.5	$        124.0
Concrete		8.2	10.4	16.2	21.6
Asphalt Mix		2.1	2.2	4.2	4.5
Cement		4.4	3.7	8.3	7.8
Other		5.7	6.1	11.4	11.4
Total		$          77.0	$          84.1	$        152.6	$        169.3
1	Includes crushed stone, sand and gravel, sand, other aggregates, as well as transportation and service revenues
	associated with the aggregates business.
2	Includes ready-mixed concrete, concrete block, precast concrete, as well as building materials purchased for resale.
3	Includes cement and calcium products.
4	The allocation of indirect depreciation to our operating segments was changed in the fourth quarter of 2012 to better align
	the presentation with how management views information internally. The 2012 DDA&A amounts presented above have
	been revised to conform to the 2013 presentation.

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FAIR VALUE MEASUREMENTS (Assets Subject to Fair Value Measurement on Nonrecurring Basis) (Details) (Fair Value, Measurements, Nonrecurring, USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012
Fair Value Nonrecurring
Assets held for sale (Note 16), Impairment Charges	$ 1,738
Total, Impariment Charges	1,738
Fair Value, Inputs, Level 3
Fair Value Nonrecurring
Assets held for sale (Note 16)	10,559
Total	$ 10,559

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ASSET RETIREMENT OBLIGATIONS (Narrative) (Details)	Jun. 30, 2013 acre
ASSET RETIREMENT OBLIGATIONS [Abstract]
Land suitable for commercial and retail development	90

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ACQUISITIONS AND DIVESTITURES (Tables)

6 Months Ended

Jun. 30, 2013

ACQUISITIONS AND DIVESTITURES [Abstract]

Classification of Assets and Liabilities Held for Sale

	June 30	December 31	June 30
in thousands	2013	2012	2012
Held for Sale
Current assets	$              0	$          809	$              0
Property, plant & equipment, net	12,926	14,274	0
Total assets held for sale	$     12,926	$     15,083	$              0
Noncurrent liabilities	$              0	$          801	$              0
Total liabilities of assets held for sale	$              0	$          801	$              0

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FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2013

FAIR VALUE MEASUREMENTS [Abstract]

Fair Value Measurement on Recurring Basis

	Level 1
	June 30	December 31	June 30
in thousands	2013	2012	2012
Fair Value Recurring
Rabbi Trust
Mutual funds	$       13,689	$       13,349	$       14,404
Equities	10,638	9,843	7,726
Total	$       24,327	$       23,192	$       22,130

	Level 2
	June 30	December 31	June 30
in thousands	2013	2012	2012
Fair Value Recurring
Rabbi Trust
Common/collective trust funds	$        1,507	$        2,265	$           384
Total	$        1,507	$        2,265	$           384

Assets Subject to Fair Value Measurement on Nonrecurring Basis

	As of December 31, 2012
		Impairment
in thousands	Level 3	Charges
Fair Value Nonrecurring
Assets held for sale (Note 16)	$       10,559	$         1,738
Totals	$       10,559	$         1,738

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DEFERRED REVENUE (Tables)

6 Months Ended

Jun. 30, 2013

DEFERRED REVENUE [Abstract]

Summary Of Recognized Deferred Revenue

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Deferred revenue recognition	$           324	$               0	$           576	$               0

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DEFERRED REVENUE (Summary Of Recognized Deferred Revenue) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
DEFERRED REVENUE [Abstract]
Deferred revenue recognition	$ 324	$ 0	$ 576	$ 0

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EQUITY (Tables)

6 Months Ended

Jun. 30, 2013

EQUITY [Abstract]

Change In Total Equity

	Total
in thousands	Equity
Balance at December 31, 2012	$    3,761,062
Net loss	(26,064)
Common stock issued
Share-based compensation plans	280
Share-based compensation expense	11,102
Excess tax benefits from share-based compensation	888
Cash dividends on common stock ($0.02 per share)	(2,598)
Other comprehensive income	68,851
Other	(1)
Balance at June 30, 2013	$    3,813,520

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Weighted-Average Common Shares Outstanding) (Details) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Weighted Average Number Of Shares Outstanding
Weighted-average common shares outstanding	130,250	129,676	130,219	129,634
Dilutive effect of
Stock options/SOSARs	442	0	0	0
Other stock compensation plans	640	0	0	0
Weighted-average common shares outstanding, assuming dilution	131,332	129,676	130,219	129,634

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DERIVATIVE INSTRUMENTS (Narrative) (Details) (USD $)	1 Months Ended	12 Months Ended				6 Months Ended
	Aug. 31, 2011	Dec. 31, 2007 agreement	Dec. 31, 2012	Jun. 30, 2011	Dec. 31, 2007 Interest Rate Swap Agreements [Member]	Jun. 30, 2011 Interest Rate Swap Agreement One	Jun. 30, 2011 Interest Rate Swap Agreement Two	Jun. 30, 2013 Year 2014	Jun. 30, 2011 Notes Issued One
Derivative [Line Items]
Payments for (Proceeds from) settlement of interest rate swap agreements	$ (25,382,000)	$ 89,777,000
Number of forward starting interest rate swap agreements		15
Estimated amount of pretax loss in AOCI related to interest rate swap that would be reclassified to earnings within the next 12 months								4,674,000
Long-term notes issued				500,000,000
Coupon rate of notes			5.60%	6.50%					10.125%
Variable rate basis						6-month LIBOR	6-month LIBOR
Interest rate spread above London Interbank Offered Rate (LIBOR)						4.05%	8.03%
Derivative, Notional Amount					1,500,000,000	500,000,000	150,000,000
Fixed interest rate under swap agreement						6.50%	10.125%
Forward component of the settlement	23,387,000
Accrued interest income	$ 1,995,000

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ASSET RETIREMENT OBLIGATIONS (Tables)

6 Months Ended

Jun. 30, 2013

ASSET RETIREMENT OBLIGATIONS [Abstract]

Asset Retirement Obligations Operating Costs

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
ARO Operating Costs
Accretion	$        2,817	$        1,998	$        4,823	$        4,017
Depreciation	830	1,863	1,609	3,727
Total	$        3,647	$        3,861	$        6,432	$        7,744

Reconciliations of Asset Retirement Obligations

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Asset Retirement Obligations
Balance at beginning of period	$     156,458	$     155,402	$     150,072	$     153,979
Liabilities incurred	65,587	45	65,587	45
Liabilities settled	(5,219)	(798)	(6,511)	(1,419)
Accretion expense	2,817	1,998	4,823	4,017
Revisions up (down), net	3,208	(6,234)	8,880	(6,209)
Balance at end of period	$     222,851	$     150,413	$     222,851	$     150,413

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OTHER COMPREHENSIVE INCOME (Reclassification Of Amounts From Other Comprehensive Income Loss To Earnings) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2013		Jun. 30, 2012		Jun. 30, 2013		Jun. 30, 2012
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold	$ (563,183)		$ (542,951)		$ (1,050,082)		$ (1,020,844)
Selling, administrative and general expenses	(64,902)		(61,914)		(129,557)		(126,826)
Benefit from income taxes	(6,151)		17,749		32,666		56,145
Net earnings (loss)	28,772		(18,283)		(26,064)		(70,336)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net earnings (loss)	4,266		4,039		8,552		8,061
Reclassification Adjustment for Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	1,386		1,585		2,801		3,140
Benefit from income taxes	(551)		(630)		(1,112)		(1,247)
Net earnings (loss)	835		955		1,689		1,893
Amortization of Pension and Postretirement Plan Actuarial Loss and Prior Service Cost | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold	4,553	[1]	4,039	[1]	9,010	[1]	7,974	[1]
Selling, administrative and general expenses	1,089	[1]	1,030	[1]	2,274	[1]	2,164	[1]
Benefit from income taxes	(2,211)	[1]	(1,985)	[1]	(4,421)	[1]	(3,970)	[1]
Net earnings (loss)	$ 3,431	[1]	$ 3,084	[1]	$ 6,863	[1]	$ 6,168	[1]

[1] See Note 10 for a breakdown of the reclassifications among the curtailment loss and amortization of actuarial loss and prior service cost.

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ACQUISITIONS AND DIVESTITURES (Classification Of Assets And Liabilities Held For Sale) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2012
ACQUISITIONS AND DIVESTITURES [Abstract]
Current assets	$ 0	$ 809	$ 0
Property, plant & equipment, net	12,926	14,274	0
Total assets held for sale	12,926	15,083	0
Noncurrent liabilities	0	801	0
Total liabilities of assets held for sale	$ 0	$ 801	$ 0

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OTHER COMPREHENSIVE INCOME (Changes In AOCI Net Of Tax) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013		Jun. 30, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI, Net of Tax, Beginning Balance			$ (225,517)
Other comprehensive income (loss) before reclassifications			60,299	[1]
Amounts reclassified from AOCI			8,552
Net current period OCI changes	64,565	4,039	68,851		8,061
AOCI, Net of Tax, Ending Balance	(156,666)	(208,782)	(156,666)		(208,782)
Reclassification Adjustment for Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI, Net of Tax, Beginning Balance			(28,170)
Other comprehensive income (loss) before reclassifications			0	[1]
Amounts reclassified from AOCI			1,689
Net current period OCI changes			1,689
AOCI, Net of Tax, Ending Balance	(26,481)		(26,481)
Amortization of Pension and Postretirement Plan Actuarial Loss and Prior Service Cost
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI, Net of Tax, Beginning Balance			(197,347)
Other comprehensive income (loss) before reclassifications			60,299	[1]
Amounts reclassified from AOCI			6,863
Net current period OCI changes			67,162
AOCI, Net of Tax, Ending Balance	$ (130,185)		$ (130,185)

[1] Remeasurement of the pension plan funded status resulting from the plan amendment as described in Note 10.

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DISCONTINUED OPERATIONS (Results from Discontinued Operations) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Discontinued Operations
Pretax loss	$ (2,221)	$ (2,097)	$ (2,761)	$ (4,077)
Gain on disposal, net of transaction bonus	0	0	11,728	10,203
Income tax (provision) benefit	865	799	(3,540)	(2,426)
Earnings (loss) on discontinued operations, net of income taxes	$ (1,356)	$ (1,298)	$ 5,427	$ 3,700

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SUPPLEMENTAL CASH FLOW INFORMATION (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
SUPPLEMENTAL CASH FLOW INFORMATION [Abstract]
Interest (exclusive of amount capitalized)	$ 100,598	$ 103,626
Income taxes	9,087	9,074
Liabilities assumed	232	0
Accrued liabilities for purchases of property, plant & equipment	$ 4,212	$ 3,890

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DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2013

DISCONTINUED OPERATIONS [Abstract]

Results from Discontinued Operations

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Discontinued Operations
Pretax loss	$       (2,221)	$       (2,097)	$       (2,761)	$       (4,077)
Gain on disposal, net of transaction bonus	0	0	11,728	10,203
Income tax (provision) benefit	865	799	(3,540)	(2,426)
Earnings (loss) on discontinued operations,
net of income taxes	$       (1,356)	$       (1,298)	$        5,427	$        3,700

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Jun. 30, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

notes to condensed consolidated financial statements

Note 1: summary of significant accounting policies

NATURE OF OPERATIONS

Vulcan Materials Company (the “Company,” “Vulcan,” “we,” “our”), a New Jersey corporation, is the nation's largest producer of construction aggregates, primarily crushed stone, sand and gravel; a major producer of asphalt mix and ready-mixed concrete, and a leading producer of cement in Florid

BASIS OF PRESENTATION

Our accompanying unaudited condensed consolidated financial statements were prepared in compliance with the instructions to Form 10-Q and Article 10 of Regulation S-X and thus do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. Our condensed consolidated balance sheet as of December 31, 2012 was derived from the audited financial statement at that date. In the opinion of our management, the statements reflect all adjustments, including those of a normal recurring nature, necessary to present fairly the results of the reported interim periods. Operating results for the three and six month periods ended June 30, 2013 are not necessarily indicative of the results that may be expected for the year ended December 31, 2013. For further information, refer to the consolidated financial statements and footnotes included in our most recent Annual Report on Form 10-K.

Due to the 2005 sale of our Chemicals business as presented in Note 2, the operating results of the Chemicals business are presented as discontinued operations in the accompanying Condensed Consolidated Statements of Comprehensive Income.

RECLASSIFICATIONS

Certain items previously reported in specific financial statement captions have been reclassified to conform with the 2013 presentation.

RESTRUCTURING CHARGES

In 2012, our Board approved a Profit Enhancement Plan that further leveraged our streamlined management structure and substantially completed ERP and Shared Services platforms to achieve cost reductions and other earnings enhancements. During the first six months of 2013 and 2012, we incurred $1,509,000 and $5,962,000, respectively, of costs (primarily project design, outside advisory and severance) related to the implementation of this plan. We do not anticipate any future material charges related to this Profit Enhancement Plan.

EXCHANGE OFFER COSTS

In December 2011, Martin Marietta Materials, Inc. (Martin Marietta) commenced an unsolicited exchange offer for all outstanding shares of our common stock and indicated its intention to nominate a slate of directors to our Board. After careful consideration, including a thorough review of the offer with its financial and legal advisors, our Board unanimously determined that Martin Marietta’s offer was inadequate, substantially undervalued Vulcan, was not in the best interests of Vulcan and its shareholders and had substantial risk.

In May 2012, the Delaware Chancery Court ruled and the Delaware Supreme Court affirmed that Martin Marietta had breached two confidentiality agreements between the companies, and enjoined Martin Marietta through September 15,  2012 from pursuing its exchange offer for our shares, prosecuting its proxy contest, or otherwise taking steps to acquire control of our shares or assets and from any further violations of the two confidentiality agreements between the parties. As a result of the court ruling, Martin Marietta withdrew its exchange offer and its board nominees.

In response to Martin Marietta’s actions, we have incurredlegal, professional and other costs of $45,607,000 to date, of  which $42,125,000 was incurred during the first six months of 2012. As of June 30, 2013, $43,107,000of the incurred costs was paid. We do not anticipate any future material charges related to this exchange offer.

EARNINGS PER SHARE (EPS)

We report two earnings per share numbers: basic and diluted. These are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS), as set forth below:

	Three Months Ended		Six Months Ended
		June 30			June 30
in thousands	2013	2012		2013	2012
Weighted-average common shares
outstanding	130,250	129,676		130,219	129,634
Dilutive effect of
Stock options/SOSARs	442	0		0	0
Other stock compensation plans	640	0		0	0
Weighted-average common shares
outstanding, assuming dilution	131,332	129,676		130,219	129,634

All dilutive common stock equivalents are reflected in our earnings per share calculations. Antidilutive common stock equivalents are not included in our earnings per share calculations. In periods of loss, shares that otherwise would have been included in our diluted weighted-average common shares outstanding computation are excluded. These excluded shares are as follows: three months ended June 30, 2012 — 341,000,six months ended June 30, 2013 — 1,113,000 and six months ended June 30, 2012 — 372,000,

The number of antidilutive common stock equivalents for which the exercise price exceeds the weighted-average market price is as follows:

	Three Months Ended		Six Months Ended
		June 30			June 30
in thousands	2013	2012		2013	2012
Antidilutive common stock equivalents	2,899	5,054		2,899	5,053

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INCOME TAXES

6 Months Ended

Jun. 30, 2013

INCOME TAXES [Abstract]

INCOME TAXES

Note 3: Income Taxes

Ourestimated annual effective tax rate(EAETR) is based on full year expectations of pretax book earnings, statutory tax rates,  permanent differences such as percentage depletion and tax planning alternatives available in the various jurisdictions in which we operate. For interim financial reporting, except in circumstances as described in the following paragraph, we calculate our quarterly income tax provision in accordance with the EAETR.  Each quarter, we update our EAETR based on our revised full year expectation of pretax book earnings andcalculate the income tax provision or benefit so that the year-to-date income tax provision reflects the EAETR. Significant judgment is required in determining our EAETR.

When expectedpretaxbook earnings or loss for the full year is at or near breakeven, the EAETRcan distort the income tax provision for an interim period due to the size and nature of our permanent differences. In these circumstances, we calculate the interim income tax provision or benefit using the year-to-date effective tax rate. This method results in an income tax provision or benefit based solely on the year-to-date pretax book earnings or loss as adjusted for permanent differences on a pro rata basis.In the second quarters of 2013 and 2012, income taxes were calculated based on the year-to-date effective tax rate.

We recorded an income tax provision from continuing operations of $6,151,000 in the second quarter of 2013 compared to an income tax benefit from continuing operations of $17,749,000 in the second quarter of 2012. The change in our income tax provision for the second quarter resulted largely from applying the statutory rate to the increase in our pretax book earnings.

We recorded income tax benefits from continuing operations of $32,666,000 for the six months ended June 30, 2013 compared to $56,145,000 for the six months ended June 30, 2012. The decrease in our income tax benefit for the six month period resulted largely from applying the statutory rate to the decrease in our pretax book loss.

We recognize an income tax benefit associated with an uncertain tax position when, in our judgment, it is more likely than not that the position will be sustained upon examination by a taxing authority. For a tax position that meets the more-likely-than-not recognition threshold, we initially and subsequently measure the income tax benefit as the largest amount that we judge to have a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority. Our liability associated with unrecognized tax benefits is adjusted periodically due to changing circumstances, such as the progress of tax audits, case law developments and new or emerging legislation. Such adjustments are recognized entirely in the period in which they are identified. Our income tax provision includes the net impact of changes in the liability for unrecognized benefits and subsequent adjustments as we consider appropriate.

We recognize deferred tax assets and liabilities based on the differences between the financial statement carrying amounts and the tax basis of assets and liabilities. Deferred tax assets represent items to be used as a tax deduction or credit in future tax returns. Realization of the deferred tax assets ultimately depends on the existence of sufficient taxable income of the appropriate character in either the carryback or carryforward period.

Each quarter we analyze the likelihood that our deferred tax assets will be realized. A valuation allowance is recorded if, based on the weight of all available positive and negative evidence, it is more likely than not (a likelihood of more than 50%) that some portion, or all, of a deferred tax asset will not be realized. A summary of our deferred tax assets is included in Note 9 “Income Taxes” in our Annual Report on Form 10-K for the year ended December 31, 2012.

On an annual basis, we perform a complete analysis of all forms of positive and negative evidence based on year end results. During each interim period, we update our annual analysis for significant changes to the positive and negative evidence.

Based on our second quarter 2013 analysis, we believe it is more likely than not that we will realize the benefit of all our deferred tax assets with the exception of the state net operating loss carryforwards for which a valuation allowance was previously recorded. For 2013, we project these state net operating loss carryforwards (and the associated valuation allowance) to increase by $7,517,000. This change in the valuation allowance is reflected as a component of our income tax provision.

In the future, if we determine that realization is more likely than not for deferred tax assets with a valuation allowance, the related valuation allowance will be reduced and we will record a benefit to earnings. Conversely, if we determine that it is more likely than not that we will not be able to realize a portion of our deferred tax assets, we will increase the valuation allowance and record a charge to earnings.

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DERIVATIVE INSTRUMENTS

6 Months Ended

Jun. 30, 2013

DERIVATIVE INSTRUMENTS [Abstract]

DERIVATIVE INSTRUMENTS

Note 6: Derivative Instruments

During the normal course of operations, we are exposed to market risks including fluctuations in interest rates, foreign currency exchange rates and commodity pricing. From time to time, and consistent with our risk management policies, we use derivative instruments to hedge against these market risks. We do not utilize derivative instruments for trading or other speculative purposes.

The accounting for gains and losses that result from changes in the fair value of derivative instruments depends on whether the derivatives have been designated and qualify as hedging instruments and the type of hedging relationship. The interest rate swap agreements described below were designated as either cash flow hedges or fair value hedges. The changes in fair value of our interest rate swap cash flow hedges are recorded in accumulated other comprehensive income (AOCI) and are reclassified into interest expense in the same period the hedged items affect earnings.The changes in fair value of our interest rate swap fair value hedges are recorded as interest expense consistent with the change in the fair value of the hedged items attributable to the risk being hedged.

CASH FLOW HEDGES

We have used interest rate swap agreements designated as cash flow hedges to minimize the variability in cash flows of liabilities or forecasted transactions caused by fluctuations in interest rates. During 2007, we entered into fifteen forward starting interest rate swap agreements for a total stated amount of $1,500,000,000. Upon the 2007 and 2008 issuances of the related fixed-rate debt, we terminated and settled these forward starting swaps for cash payments of $89,777,000. Amounts in AOCI are being amortized to interest expense over the term of the related debt. This amortization was reflected in the accompanying Condensed Consolidated Statements of Comprehensive Income as follows:

		Three Months Ended		Six Months Ended
	Location on		June 30		June 30
in thousands	Statement	2013	2012	2013	2012
Cash Flow Hedges
Loss reclassified from AOCI	Interest
(effective portion)	expense	$       (1,386)	$       (1,605)	$       (2,801)	$       (3,180)

For the 12-month period ending June 30, 2014, we estimate that $4,674,000 of the pretax loss in AOCI will be reclassified to earnings.

FAIR VALUE HEDGES

We have used interest rate swap agreements designated as fair value hedges to minimize exposure to changes in the fair value of fixed-rate debt that results from fluctuations in the benchmark interest rates for such debt. In June 2011, we issued $500,000,000 of 6.50% fixed-rate notes due in 2016. Concurrently, we entered into interest rate swap agreements in the stated amount of $500,000,000. Under these agreements, we paid 6-month LIBOR plus a spread of 4.05% and received a fixed interest rate of 6.50%. Additionally, in June 2011, we entered into interest rate swap agreements on our $150,000,000of 10.125%  fixed-rate notes due in 2015. Under these agreements, we paid 6-month LIBOR plus a spread of 8.03% and received a fixed interest rate of 10.125%. In August 2011, we terminated and settled these interest rate swap agreements for $25,382,000 of cash proceeds. The $23,387,000 forward component of the settlement (cash proceeds less $1,995,000 of accrued interest) was added to the carrying value of the related debt and is being amortized as a reduction to interest expense over the remaining lives of the related debt using the effective interest method. This amortization was reflected in the accompanying Condensed Consolidated Statements of Comprehensive Income as follows:

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Deferred Gain on Settlement
Amortized to earnings as a reduction
to interest expense	$        1,074	$        1,004	$        2,131	$        1,992

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DEFERRED REVENUE

6 Months Ended

Jun. 30, 2013

DEFERRED REVENUE [Abstract]

DEFERRED REVENUE

Note 4: deferred revenue

In the fourth quarter of 2012, we sold a percentage of the future production from aggregates reserves at certain owned and leased quarries. The sale was structured as a volumetric production payment (VPP) for which we received net cash proceeds of $73,583,000.  The proceeds were recorded as deferred revenue and are being amortized on a unit-of-sales basis to revenue over the term of the VPP. During the first quarter of 2013, we received additional cash proceeds of $62,000 related to this transaction. We recognized deferred revenue related to thistransaction as follows:

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Deferred revenue recognition	$           324	$               0	$           576	$               0

Based on projected sales, we anticipate recognizing a range of $1,000,000 to $1,500,000of deferred revenue during the 12-month period ending June 30, 2014.

The key terms of the VPP are:

§ the purchaser has a nonoperating interest in reserves entitling them to a specified percentage (the percentage) of future production

§ terminates at the earlier to occur of December 31, 2052 or the sale of 143.2 million tons of aggregates from the specified quarries subject to the VPP (as such, the future production in which the purchaser owns the percentage could be less than 143.2 million tons);  based on historical and projected volumes from the specified quarries, it is expected that 143.2 million tons will be sold prior to 2052

§ the purchaser's percentage of the maximum 143.2 million tons of future production is estimated, based on current sales volume projection, to be 10.5% (approximately 15 million tons); the actual percentage received by the purchaser through the term of the transaction may vary based on when the maximum 143.2 million tons is sold

§ there is no minimum annual or cumulative production or sales volume, nor any minimum sales price required

§ the purchaser has the right to take its percentage of future production in physical product, or receive the cash proceeds from the sale of its percentage of future production under the terms of a separate marketing agreement

§ the purchaser's percentage of future production is conveyed free and clear of future costs of production and sales

§ we retain full operational and marketing control of the specified quarries

§ we retain fee simple interest in the land as well as any residual values that may be realized upon the conclusion of mining

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Antidilutive Common Stock Equivalents) (Details) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Antidilutive common stock equivalents	2,899	5,054	2,899	5,053

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DERIVATIVE INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2013

DERIVATIVE INSTRUMENTS [Abstract]

Effects of Changes in Fair Values of Derivatives Designated as Cash Flow Hedges

		Three Months Ended		Six Months Ended
	Location on		June 30		June 30
in thousands	Statement	2013	2012	2013	2012
Cash Flow Hedges
Loss reclassified from AOCI	Interest
(effective portion)	expense	$       (1,386)	$       (1,605)	$       (2,801)	$       (3,180)

Amortization Table

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Deferred Gain on Settlement
Amortized to earnings as a reduction
to interest expense	$        1,074	$        1,004	$        2,131	$        1,992

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BENEFIT PLANS (Tables)

6 Months Ended

Jun. 30, 2013

BENEFIT PLANS [Abstract]

Components of Net Periodic Benefit Cost

PENSION BENEFITS	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Components of Net Periodic Benefit Cost
Service cost	$        5,821	$        5,588	$      11,894	$      11,175
Interest cost	10,291	10,799	20,637	21,597
Expected return on plan assets	(11,815)	(12,195)	(23,574)	(24,390)
Curtailment loss	855	0	855	0
Amortization of prior service cost	85	68	180	137
Amortization of actuarial loss	5,575	4,881	11,995	9,763
Net periodic pension benefit cost	$      10,812	$        9,141	$      21,987	$      18,282
Pretax reclassification from AOCI included in
net periodic pension benefit cost	$        6,515	$        4,949	$      13,030	$        9,900

OTHER POSTRETIREMENT BENEFITS	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Components of Net Periodic Benefit Cost
Service cost	$           707	$        1,167	$        1,415	$        2,333
Interest cost	815	1,562	1,630	3,124
Amortization of prior service credit	(1,216)	(168)	(2,432)	(337)
Amortization of actuarial loss	343	288	686	575
Net periodic postretirement benefit cost	$           649	$        2,849	$        1,299	$        5,695
Pretax reclassification from AOCI included in
net periodic postretirement benefit cost	$          (873)	$           120	$       (1,746)	$           238

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ACQUISITIONS AND DIVESTITURES (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013 property	Mar. 31, 2013 property	Jun. 30, 2013		Jun. 30, 2012	Dec. 31, 2012
Significant Acquisitions and Disposals [Line Items]
Number of production facilities acquired		2
Payment for acquisition of businesses	$ 29,983,000	$ 59,968,000	$ 89,951,000		$ 0
Goodwill recognized in business acquisition			4,698,000	[1]
Amortizable intangible assets	5,542,000
Tax deductible term for intangible assets and goodwill	15 years		15 years
Cash proceeds from divestiture			52,908,000		11,827,000
Property, plant & equipment	6,730,505,000		6,730,505,000		6,697,685,000	6,666,617,000
Goodwill of dispositions			5,195,000	[1]
Withdrawl liability	4,000,000		4,000,000
Number of facilities divested	4
Proceeds from sale of property, plant & equipment			2,517,000		26,069,000
Aggregates
Significant Acquisitions and Disposals [Line Items]
Goodwill recognized in business acquisition		4,698,000	4,698,000	[1]
Amortizable intangible assets		3,620,000
Cash proceeds from divestiture	34,743,000	5,133,000
Property, plant & equipment		47,884,000
Goodwill of dispositions	4,521,000	674,000	5,195,000	[1]
Gain recognized on divested assets	21,048,000	2,802,000
Aggregates | Previous Appraisal Value [Member]
Significant Acquisitions and Disposals [Line Items]
Goodwill recognized in business acquisition		9,759,000
Amortizable intangible assets		800,000
Property, plant & equipment		45,888,000
Contractual Rights
Significant Acquisitions and Disposals [Line Items]
Estimated weighted-average amortization period of intangible assets		20 years	50 years
Mitigration Credits [Member]
Significant Acquisitions and Disposals [Line Items]
Proceeds from sale of property, plant & equipment			13,469,000
Gain recognized on sale of equipment and other personal property			12,342,000
Real Estate
Significant Acquisitions and Disposals [Line Items]
Proceeds from sale of property, plant & equipment			9,691,000
Gain recognized on sale of equipment and other personal property			5,979,000
Concrete
Significant Acquisitions and Disposals [Line Items]
Number of production facilities acquired	4
Number of facilities divested		2
Proceeds from sale of property, plant & equipment		622,000
Gain recognized on sale of equipment and other personal property		$ 457,000

[1] The goodwill of acquired/divested businesses relates to the 2013 acquisitions/divestitures discussed in Note 16.

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GOODWILL (Tables)

6 Months Ended

Jun. 30, 2013

GOODWILL [Abstract]

Changes in Carrying Amount of Goodwill by Reportable Segment

in thousands		Aggregates	Concrete	Asphalt Mix	Cement	Total
Gross Carrying Amount
Total as of December 31, 2012		$    2,995,083	$             0	$    91,633	$     252,664	$    3,339,380
Goodwill of acquired businesses 1		4,698	0	0	0	4,698
Goodwill of divested businesses 1		(5,195)	0	0	0	(5,195)
Total as of June 30, 2013		$    2,994,586	$             0	$    91,633	$     252,664	$    3,338,883
Accumulated Impairment Losses
Total as of December 31, 2012		$                  0	$             0	$             0	$   (252,664)	$      (252,664)
Total as of June 30, 2013		$                  0	$             0	$             0	$   (252,664)	$      (252,664)
Goodwill, net of Accumulated
Impairment Losses
Total as of December 31, 2012		$    2,995,083	$             0	$    91,633	$                0	$    3,086,716
Total as of June 30, 2013		$    2,994,586	$             0	$    91,633	$                0	$    3,086,219
1	The goodwill of acquired/divested businesses relates to the 2013 acquisitions/divestitures discussed in Note 16.

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GOODWILL (Details) (USD $)	6 Months Ended			3 Months Ended		6 Months Ended
	Jun. 30, 2013		Jun. 30, 2012	Jun. 30, 2013 Aggregates	Mar. 31, 2013 Aggregates	Jun. 30, 2013 Aggregates		Jun. 30, 2013 Concrete		Jun. 30, 2013 Asphalt Mix		Jun. 30, 2013 Cement
Goodwill [Line Items]
Goodwill, gross carrying amount, Beginning balance	$ 3,339,380,000				$ 2,995,083,000	$ 2,995,083,000		$ 0		$ 91,633,000		$ 252,664,000
Goodwill of acquired businesses	4,698,000	[1]			4,698,000	4,698,000	[1]	0	[1]	0	[1]	0	[1]
Goodwill of divested businesses	(5,195,000)	[1]		(4,521,000)	(674,000)	(5,195,000)	[1]	0	[1]	0	[1]	0	[1]
Goodwill, gross carrying amount, Ending balance	3,338,883,000			2,994,586,000		2,994,586,000		0		91,633,000		252,664,000
Goodwill, accumulated impairment losses, Beginning balance	(252,664,000)				0	0		0		0		(252,664,000)
Goodwill, accumulated impairment losses, Ending balance	(252,664,000)			0		0		0		0		(252,664,000)
Goodwill, Beginning Balance	3,086,716,000		3,086,716,000		2,995,083,000	2,995,083,000		0		91,633,000		0
Goodwill, Ending Balance	$ 3,086,219,000		$ 3,086,716,000	$ 2,994,586,000		$ 2,994,586,000		$ 0		$ 91,633,000		$ 0

[1] The goodwill of acquired/divested businesses relates to the 2013 acquisitions/divestitures discussed in Note 16.

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COMMITMENTS AND CONTINGENCIES (Narrative) (Details) (USD $)	1 Months Ended	6 Months Ended	12 Months Ended
	Mar. 31, 2007 entity mi	Jun. 30, 2013 entity	Dec. 31, 2009 defendant	Dec. 31, 2011
Commitments And Contingencies Disclosure [Line Items]
Period of letters of credit		1 year
Line of credit				$ 600,000,000
Number of other parties sued in the Lower Passaic River Clean-Up			300
Number of other companies to perform a Remedial Investigation/ Feasibility Study related to the Lower Passaic River Clean-Up lawsuit	70
Number of miles of the River used in the Remedial Investigation/Feasibility Study	17
Range of estimated cost, minimum		900,000,000
Range of estimated cost, maximum		3,500,000,000
Number of Other Companies Entered in to Administrative Settlement Agreement and Order		69
Line of Credit
Commitments And Contingencies Disclosure [Line Items]
Line of credit		$ 500,000,000
Applicable margin for LIBOR based borrowing		1.75%
Line of credit fee		0.125%
Line of Credit | Minimum
Commitments And Contingencies Disclosure [Line Items]
Applicable margin for LIBOR based borrowing		1.50%
Line of Credit | Maximum
Commitments And Contingencies Disclosure [Line Items]
Applicable margin for LIBOR based borrowing		2.00%

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DERIVATIVE INSTRUMENTS (Effects Of Changes In Fair Values Of Derivatives Designated As Cash Flow Hedges) (Details) (Interest Rate Swap [Member], Cash Flow Hedging [Member], Interest Expense [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Interest Rate Swap [Member] | Cash Flow Hedging [Member] | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Loss reclassified from AOCI (effective portion)	$ (1,386)	$ (1,605)	$ (2,801)	$ (3,180)

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DEFERRED REVENUE (Narrative) (Details) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012	Jun. 30, 2013 T
Deferred Revenue Arrangement [Line Items]
Proceeds from sale of future production	$ 62,000	$ 73,583,000
Volumetric production payment termination date			Dec. 31, 2052
Volumetric production payment estimated percentage sold			10.50%
Volumetric production payment estimated tons to be delivered			15,000,000
Minimum
Deferred Revenue Arrangement [Line Items]
Estimated deferred revenue to be recognized in the next 12 months			1,000,000
Maximum
Deferred Revenue Arrangement [Line Items]
Estimated deferred revenue to be recognized in the next 12 months			$ 1,500,000
Tons subject to volumetric production payment			143,200,000

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Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2012
Balance Sheets [Abstract]
Common stock, par value	$ 1	$ 1	$ 1
Common stock, shares authorized	480,000,000	480,000,000	480,000,000
Common stock, shares, issued	129,963,000	129,721,000	129,393,000

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ASSET RETIREMENT OBLIGATIONS

6 Months Ended

Jun. 30, 2013

ASSET RETIREMENT OBLIGATIONS [Abstract]

ASSET RETIREMENT OBLIGATIONS

Note 9: Asset Retirement Obligations

Asset retirement obligations (AROs) are legal obligations associated with the retirement of long-lived assets resulting from the acquisition, construction, development and/or normal use of the underlying assets.

Recognition of a liability for an ARO is required in the period in which it is incurred at its estimated fair value. The associated asset retirement costs are capitalized as part of the carrying amount of the underlying asset and depreciated over the estimated useful life of the asset. The liability is accreted through charges to operating expenses. If the ARO is settled for other than the carrying amount of the liability, we recognize a gain or loss on settlement.

We record all AROs for which we have legal obligations for land reclamation at estimated fair value. Essentially all these AROs relate to our underlying land parcels, including both owned properties and mineral leases. For the three and six month periods ended June 30, we recognized ARO operating costs related to accretion of the liabilities and depreciation of the assets as follows:

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
ARO Operating Costs
Accretion	$        2,817	$        1,998	$        4,823	$        4,017
Depreciation	830	1,863	1,609	3,727
Total	$        3,647	$        3,861	$        6,432	$        7,744

ARO operating costs are reported in cost of goods sold. AROs are reported within other noncurrent liabilities in our accompanying Condensed Consolidated Balance Sheets.

Reconciliations of the carrying amounts of our AROs are as follows:

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Asset Retirement Obligations
Balance at beginning of period	$     156,458	$     155,402	$     150,072	$     153,979
Liabilities incurred	65,587	45	65,587	45
Liabilities settled	(5,219)	(798)	(6,511)	(1,419)
Accretion expense	2,817	1,998	4,823	4,017
Revisions up (down), net	3,208	(6,234)	8,880	(6,209)
Balance at end of period	$     222,851	$     150,413	$     222,851	$     150,413

The ARO liabilities incurred during 2013 relate primarily to reclamation activities required under a  new development agreement and a new conditional use permit at an aggregates facility on owned propertyinSouthern California.

Upward revisions to our ARO liability during 2013 are largely attributable to an adjacent aggregates facility on owned property near Los Angeles, California. The reclamation requirements at this property will result in the restoration and development of mined property into a 90 acre tract suitable for commercial and retail development. The estimated cost to fill and compact the property increased and the estimated settlement date decreased resulting in an upward revision to the ARO.Downward revisions to our ARO liability during 2012 relate primarily to extensions in the estimated settlement dates at numerous sites.

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Condensed Consolidated Statements of Cash Flows (USD $)	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Operating Activities
Net loss	$ (26,064,000)	$ (70,336,000)
Adjustments to reconcile net loss to net cash provided by operating activities
Depreciation, depletion, accretion and amortization	152,557,000	169,283,000
Net gain on sale of property, plant & equipment and businesses	(40,550,000)	(31,014,000)
Contributions to pension plans	(2,308,000)	(2,248,000)
Share-based compensation	11,102,000	3,601,000
Deferred tax provision	(31,581,000)	(51,613,000)
Changes in assets and liabilities before initial effects of business acquisitions and dispositions	(108,295,000)	(20,033,000)
Other, net	(206,000)	(701,000)
Net cash used for operating activities	(45,345,000)	(3,061,000)
Investing Activities
Purchases of property, plant & equipment	(60,041,000)	(33,584,000)
Proceeds from sale of property, plant & equipment	2,517,000	26,069,000
Proceeds from sale of businesses, net of transaction costs	52,908,000	11,827,000
Payment for businesses acquired, net of acquired cash	(89,951,000)	0
Other, net	2,000	49,000
Net cash provided by (used for) investing activities	(94,565,000)	4,361,000
Financing Activities
Proceeds from line of credit	111,000,000	0
Payment of current maturities and long-term debt	(161,477,000)	(105,000)
Dividends paid	(2,598,000)	(2,590,000)
Proceeds from exercise of stock options	3,598,000	3,524,000
Other, net	888,000	333,000
Net cash provided by (used for) financing activities	(48,589,000)	1,162,000
Net increase (decrease) in cash and cash equivalents	(188,499,000)	2,462,000
Cash and cash equivalents at beginning of year	275,478,000	155,839,000
Cash and cash equivalents at end of period	$ 86,979,000	$ 158,301,000

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ASSET RETIREMENT OBLIGATIONS (Asset Retirement Obligations Operating Costs) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
ARO Operating Costs
Accretion	$ 2,817	$ 1,998	$ 4,823	$ 4,017
Depreciation	830	1,863	1,609	3,727
Total	$ 3,647	$ 3,861	$ 6,432	$ 7,744

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Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2012
Assets
Cash and cash equivalents	$ 86,979	$ 275,478	$ 158,301
Accounts and notes receivable
Accounts and notes receivable, gross	410,021	303,178	397,506
Less: Allowance for doubtful accounts	(5,339)	(6,198)	(7,375)
Accounts and notes receivable, net	404,682	296,980	390,131
Inventories
Finished products	266,489	262,886	266,265
Raw materials	29,863	27,758	24,457
Products in process	5,415	5,963	3,974
Operating supplies and other	38,720	38,415	39,910
Inventories	340,487	335,022	334,606
Current deferred income taxes	39,275	40,696	43,357
Prepaid expenses	27,300	21,713	24,840
Assets held for sale	12,926	15,083	0
Total current assets	911,649	984,972	951,235
Investments and long-term receivables	43,194	42,081	28,506
Property, plant & equipment
Property, plant & equipment, cost	6,730,505	6,666,617	6,697,685
Reserve for depreciation, depletion & amortization	(3,519,862)	(3,507,432)	(3,419,174)
Property, plant & equipment, net	3,210,643	3,159,185	3,278,511
Goodwill	3,086,219	3,086,716	3,086,716
Other intangible assets, net	698,471	692,532	694,972
Other noncurrent assets	170,048	161,113	140,135
Total assets	8,120,224	8,126,599	8,180,075
Liabilities
Current maturities of long-term debt	161	150,602	285,152
Short-term debt	100,000	0	0
Trade payables and accruals	128,142	113,337	171,834
Other current liabilities	163,466	171,671	159,481
Liabilities of assets held for sale	0	801	0
Total current liabilities	391,769	436,411	616,467
Long-term debt	2,524,420	2,526,401	2,528,387
Noncurrent deferred income taxes	664,967	657,367	687,337
Deferred revenue	73,068	73,583	0
Other noncurrent liabilities	652,480	671,775	604,948
Total liabilities	4,306,704	4,365,537	4,437,139
Other commitments and contingencies (Note 8)
Equity
Common stock, $1 par value, Authorized 480,000 shares, Issued 129,963, 129,721 and 129,383 shares, respectively	129,963	129,721	129,393
Capital in excess of par value	2,592,239	2,580,209	2,560,824
Retained earnings	1,247,984	1,276,649	1,261,501
Accumulated other comprehensive loss	(156,666)	(225,517)	(208,782)
Total equity	3,813,520	3,761,062	3,742,936
Total liabilities and equity	$ 8,120,224	$ 8,126,599	$ 8,180,075

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DERIVATIVE INSTRUMENTS (Reflection of Amortization) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
DERIVATIVE INSTRUMENTS [Abstract]
Interest expense amortized	$ 1,074	$ 1,004	$ 2,131	$ 1,992

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DEBT (Tables)

6 Months Ended

Jun. 30, 2013

DEBT [Abstract]

Summary of Debt

		June 30	December 31	June 30
in thousands		2013	2012	2012
Short-term Debt
Bank line of credit		$        100,000	$                0	$                0
Total short-term debt		$        100,000	$                0	$                0
Long-term Debt
5.60% notes due 20121		$                   0	$                0	$     134,535
6.30% notes due 20132		0	140,413	140,382
10.125% notes due 20153		152,317	152,718	153,100
6.50% notes due 20164		513,369	515,060	516,701
6.40% notes due 20175		349,897	349,888	349,878
7.00% notes due 20186		399,751	399,731	399,711
10.375% notes due 20187		248,757	248,676	248,599
7.50% notes due 20218		600,000	600,000	600,000
7.15% notes due 20379		239,557	239,553	239,549
Medium-term notes		6,000	16,000	16,000
Industrial revenue bonds		14,000	14,000	14,000
Other notes		933	964	1,084
Total long-term debt including current maturities		$     2,524,581	$  2,677,003	$  2,813,539
Less current maturities		161	150,602	285,152
Total long-term debt		$     2,524,420	$  2,526,401	$  2,528,387
Estimated fair value of long-term debt		$     2,756,202	$  2,766,835	$  2,636,409
1	Includes decreases for unamortized discounts, as follows: June 30, 2012 — $22 thousand.
2	Includes decreases for unamortized discounts, as follows:  December 31, 2012 — $30 thousand and June 30, 2012  —
	$62 thousand.
3	Includes an increase for the unamortized portion of the deferred gain realized upon the August 2011 settlement of
	interest rate swaps, as follows: June 30, 2013 — $2,543 thousand, December 31, 2012 — $2,983 thousand and June
	30, 2012 — $3,402 thousand. Additionally, includes decreases for unamortized discounts, as follows: June 30, 2013 —
	$226 thousand, December 31, 2012 — $265 thousand and June 30, 2012 — $302 thousand. The effective interest rate
	for these notes is 9.59%.
4	Includes an increase for the unamortized portion of the deferred gain realized upon the August 2011 settlement of
	interest rate swaps, as follows: June 30, 2013 — $13,369 thousand, December 31, 2012 — $15,060 thousand and
	June 30, 2012 — $16,701 thousand. The effective interest rate for these notes is 6.02%.
5	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $103 thousand, December 31, 2012 —
	$112 thousand and June 30, 2012 — $122 thousand. The effective interest rate for these notes is 7.41%.
6	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $249 thousand, December 31, 2012 —
	$269 thousand and June 30, 2012 — $289 thousand. The effective interest rate for these notes is 7.87%.
7	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $1,243 thousand, December 31, 2012 —
	$1,324 thousand and June 30, 2012 — $1,401 thousand. The effective interest rate for these notes is 10.62%.
8	The effective interest rate for these notes is 7.75%.
9	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $631 thousand, December 31, 2012 —
	$635 thousand and June 30, 2012 — $639 thousand. The effective interest rate for these notes is 8.05%.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

6 Months Ended

Jun. 30, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

NATURE OF OPERATIONS

NATURE OF OPERATIONS

Vulcan Materials Company (the “Company,” “Vulcan,” “we,” “our”), a New Jersey corporation, is the nation's largest producer of construction aggregates, primarily crushed stone, sand and gravel; a major producer of asphalt mix and ready-mixed concrete, and a leading producer of cement in Florid

BASIS OF PRESENTATION

BASIS OF PRESENTATION

Our accompanying unaudited condensed consolidated financial statements were prepared in compliance with the instructions to Form 10-Q and Article 10 of Regulation S-X and thus do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. Our condensed consolidated balance sheet as of December 31, 2012 was derived from the audited financial statement at that date. In the opinion of our management, the statements reflect all adjustments, including those of a normal recurring nature, necessary to present fairly the results of the reported interim periods. Operating results for the three and six month periods ended June 30, 2013 are not necessarily indicative of the results that may be expected for the year ended December 31, 2013. For further information, refer to the consolidated financial statements and footnotes included in our most recent Annual Report on Form 10-K.

Due to the 2005 sale of our Chemicals business as presented in Note 2, the operating results of the Chemicals business are presented as discontinued operations in the accompanying Condensed Consolidated Statements of Comprehensive Income.

RECLASSIFICATIONS

RECLASSIFICATIONS

Certain items previously reported in specific financial statement captions have been reclassified to conform with the 2013 presentation.

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES

In 2012, our Board approved a Profit Enhancement Plan that further leveraged our streamlined management structure and substantially completed ERP and Shared Services platforms to achieve cost reductions and other earnings enhancements. During the first six months of 2013 and 2012, we incurred $1,509,000 and $5,962,000, respectively, of costs (primarily project design, outside advisory and severance) related to the implementation of this plan. We do not anticipate any future material charges related to this Profit Enhancement Plan.

EXCHANGE OFFER COSTS

EXCHANGE OFFER COSTS

In December 2011, Martin Marietta Materials, Inc. (Martin Marietta) commenced an unsolicited exchange offer for all outstanding shares of our common stock and indicated its intention to nominate a slate of directors to our Board. After careful consideration, including a thorough review of the offer with its financial and legal advisors, our Board unanimously determined that Martin Marietta’s offer was inadequate, substantially undervalued Vulcan, was not in the best interests of Vulcan and its shareholders and had substantial risk.

In May 2012, the Delaware Chancery Court ruled and the Delaware Supreme Court affirmed that Martin Marietta had breached two confidentiality agreements between the companies, and enjoined Martin Marietta through September 15,  2012 from pursuing its exchange offer for our shares, prosecuting its proxy contest, or otherwise taking steps to acquire control of our shares or assets and from any further violations of the two confidentiality agreements between the parties. As a result of the court ruling, Martin Marietta withdrew its exchange offer and its board nominees.

In response to Martin Marietta’s actions, we have incurredlegal, professional and other costs of $45,607,000 to date, of  which $42,125,000 was incurred during the first six months of 2012. As of June 30, 2013, $43,107,000of the incurred costs was paid. We do not anticipate any future material charges related to this exchange offer.

EARNINGS PER SHARE (EPS)

EARNINGS PER SHARE (EPS)

We report two earnings per share numbers: basic and diluted. These are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS), as set forth below:

	Three Months Ended		Six Months Ended
		June 30			June 30
in thousands	2013	2012		2013	2012
Weighted-average common shares
outstanding	130,250	129,676		130,219	129,634
Dilutive effect of
Stock options/SOSARs	442	0		0	0
Other stock compensation plans	640	0		0	0
Weighted-average common shares
outstanding, assuming dilution	131,332	129,676		130,219	129,634

All dilutive common stock equivalents are reflected in our earnings per share calculations. Antidilutive common stock equivalents are not included in our earnings per share calculations. In periods of loss, shares that otherwise would have been included in our diluted weighted-average common shares outstanding computation are excluded. These excluded shares are as follows: three months ended June 30, 2012 — 341,000,six months ended June 30, 2013 — 1,113,000 and six months ended June 30, 2012 — 372,000,

The number of antidilutive common stock equivalents for which the exercise price exceeds the weighted-average market price is as follows:

	Three Months Ended		Six Months Ended
		June 30			June 30
in thousands	2013	2012		2013	2012
Antidilutive common stock equivalents	2,899	5,054		2,899	5,053

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INCOME TAXES (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
INCOME TAXES [Abstract]
Income tax benefits from continuing operations	$ (6,151,000)	$ 17,749,000	$ 32,666,000	$ 56,145,000
Income tax benefit recognition threshold more likely than not			50.00%
Estimated increase to the net operating loss carryforward	$ 7,517,000		$ 7,517,000

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DEBT (Summary of Debt Additional Information) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Jun. 30, 2011	Jun. 30, 2013 5.60% notes due 2012	Dec. 31, 2012 5.60% notes due 2012	Jun. 30, 2012 5.60% notes due 2012	Jun. 30, 2013 6.30% notes due 2013	Dec. 31, 2012 6.30% notes due 2013	Jun. 30, 2012 6.30% notes due 2013	Jun. 30, 2013 10.125% notes due 2015	Dec. 31, 2012 10.125% notes due 2015	Jun. 30, 2012 10.125% notes due 2015	Jun. 30, 2013 6.50% notes due 2016	Dec. 31, 2012 6.50% notes due 2016	Jun. 30, 2012 6.50% notes due 2016	Jun. 30, 2013 6.40% notes due 2017	Dec. 31, 2012 6.40% notes due 2017	Jun. 30, 2012 6.40% notes due 2017	Jun. 30, 2013 7.00% notes due 2018	Dec. 31, 2012 7.00% notes due 2018	Jun. 30, 2012 7.00% notes due 2018	Jun. 30, 2013 10.375% notes due 2018	Dec. 31, 2012 10.375% notes due 2018	Jun. 30, 2012 10.375% notes due 2018	Jun. 30, 2013 7.50% notes due 2021	Dec. 31, 2012 7.50% notes due 2021	Jun. 30, 2012 7.50% notes due 2021	Jun. 30, 2013 7.15% notes due 2037	Dec. 31, 2012 7.15% notes due 2037	Jun. 30, 2012 7.15% notes due 2037
Debt Instrument [Line Items]
Interest rate	5.60%	6.50%	5.60%	5.60%	5.60%	6.30%	6.30%	6.30%	10.125%	10.125%	10.125%	6.50%	6.50%	6.50%	6.40%	6.40%	6.40%	7.00%	7.00%	7.00%	10.375%	10.375%	10.375%	7.50%	7.50%	7.50%	7.15%	7.15%	7.15%
Maturity year			2012	2012	2012	2013	2013	2013	2015	2015	2015	2016	2016	2016	2017	2017	2017	2018	2018	2018	2018	2018	2018	2021	2021	2021	2037	2037	2037
Decrease in unamortized discounts					$ 22		$ 30	$ 62	$ 226	$ 265	$ 302				$ 103	$ 112	$ 122	$ 249	$ 269	$ 289	$ 1,243	$ 1,324	$ 1,401				$ 631	$ 635	$ 639
Effective interest rate									9.59%	9.59%	9.59%	6.02%	6.02%	6.02%	7.41%	7.41%	7.41%	7.87%	7.87%	7.87%	10.62%	10.62%	10.62%	7.75%	7.75%	7.75%	8.05%	8.05%	8.05%
Increase (decrease) in unamortized deferred gain realized									$ 2,543	$ 2,983	$ 3,402	$ 13,369	$ 15,060	$ 16,701

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EQUITY (Narrative) (Details) (USD $)	6 Months Ended
	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2012
EQUITY [Abstract]
Number of shares held in treasury	0	0	0
Shares remaining under the current authorization repurchase program	3,411,416
Cash dividend on common stock, per share	$ (0.02)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended		19 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Restructuring charges	$ 0	$ 4,551,000	$ 1,509,000	$ 5,962,000
Legal, professional and other costs incurred in response to unsolicited tender offer	0	32,060,000	0	42,125,000	45,607,000
Legal, professional and other costs paid	$ 43,107,000		$ 43,107,000		$ 43,107,000
Antidilutive common stock equivalents		341,000	1,113,000	372,000

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SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2013

SEGMENT REPORTING [Abstract]

Segment Financial Disclosure

		Three Months Ended		Six Months Ended
			June 30		June 30
in millions		2013	2012	2013	2012
Total Revenues
Aggregates 1
Segment revenues		$        508.4	$        471.1	$        867.4	$        826.8
Intersegment sales		(44.4)	(39.2)	(78.0)	(70.4)
Net sales		464.0	431.9	789.4	756.4
Concrete 2
Segment revenues		120.3	103.0	220.2	195.5
Intersegment sales		0	(0.4)	0	(0.9)
Net sales		120.3	102.6	220.2	194.6
Asphalt Mix
Segment revenues		99.9	103.7	167.2	175.0
Net sales		99.9	103.7	167.2	175.0
Cement 3
Segment revenues		23.8	20.3	46.5	40.8
Intersegment sales		(11.9)	(9.6)	(22.7)	(18.1)
Net sales		11.9	10.7	23.8	22.7
Totals
Net sales		696.1	648.9	1,200.6	1,148.7
Delivery revenues		42.6	45.2	76.3	81.3
Total revenues		$        738.7	$        694.1	$     1,276.9	$     1,230.0
Gross Profit
Aggregates		$        127.1	$        111.8	$        151.9	$        145.9
Concrete		(5.8)	(9.0)	(15.9)	(21.3)
Asphalt Mix		9.2	5.1	11.2	4.5
Cement		2.4	(2.0)	3.4	(1.2)
Total		$        132.9	$        105.9	$        150.6	$        127.9
Depreciation, Depletion,
Accretion and Amortization4
Aggregates		$          56.6	$          61.7	$        112.5	$        124.0
Concrete		8.2	10.4	16.2	21.6
Asphalt Mix		2.1	2.2	4.2	4.5
Cement		4.4	3.7	8.3	7.8
Other		5.7	6.1	11.4	11.4
Total		$          77.0	$          84.1	$        152.6	$        169.3
1	Includes crushed stone, sand and gravel, sand, other aggregates, as well as transportation and service revenues
	associated with the aggregates business.
2	Includes ready-mixed concrete, concrete block, precast concrete, as well as building materials purchased for resale.
3	Includes cement and calcium products.
4	The allocation of indirect depreciation to our operating segments was changed in the fourth quarter of 2012 to better align
	the presentation with how management views information internally. The 2012 DDA&A amounts presented above have
	been revised to conform to the 2013 presentation.

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SUPPLEMENTAL CASH FLOW INFORMATION (Tables)

6 Months Ended

Jun. 30, 2013

SUPPLEMENTAL CASH FLOW INFORMATION [Abstract]

Supplemental Information Referable to Consolidated Statements of Cash Flows

	Six Months Ended
		June 30
in thousands	2013	2012
Cash Payments
Interest (exclusive of amount capitalized)	$     100,598	$     103,626
Income taxes	9,087	9,074
Noncash Investing and Financing Activities
Amounts referable to business acquisition (Note 16)
Liabilities assumed	$            232	$                0
Accrued liabilities for purchases of property, plant
& equipment	4,212	3,890

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COMMITMENTS AND CONTINGENCIES

6 Months Ended

Jun. 30, 2013

COMMITMENTS AND CONTINGENCIES [Abstract]

COMMITMENTS AND CONTINGENCIES

Note 8: Commitments and Contingencies

LETTERS OF CREDIT

We provide, in the normal course of business, certain third party beneficiaries standby letters of credit to support our obligations to pay or perform according to the requirements of an underlying agreement. Such letters of credit typically have an initial term of one year, typically renew automatically, and can only be modified or cancelled with the approval of the beneficiary. All of our letters of credit are issued by banks that participate in our $500,000,000 line of credit, and reduce the borrowing capacity thereunder. We pay a fee for all letters of credit equal to the LIBOR margin (ranges from 1.50% to 2.00%) applicable to borrowings under the line of credit, plus 0.125%. Our standby letters of credit as of June 30, 2013 are summarized by purpose in the table below:

in thousands
Standby Letters of Credit
Risk management insurance	$       34,590
Industrial revenue bond	14,230
Reclamation/restoration requirements	6,755
Total	$       55,575

LITIGATION AND ENVIRONMENTAL MATTERS

We are a defendant in various lawsuits in the ordinary course of business. It is not possible to determine with precision the outcome, or the amount of liability, if any, under these lawsuits, especially where the cases involve possible jury trials with as yet undetermined jury panels.

In addition to these lawsuits in which we are involved in the ordinary course of business, certain other material legal proceedings are more specifically described below. At this time, we cannot determine the likelihood or reasonably estimate a range of loss pertaining to these matters.

Perchloroethylene cases

We are a defendant in cases involving perchloroethylene (perc), which was a product manufactured by our former Chemicals business. Perc is a cleaning solvent used in dry cleaning and other industrial applications. Vulcan is vigorously defending thesecases:

§ Suffolk County Water Authority — On July 29, 2010, we were served in an action styled SuffolkCounty Water Authority v. The Dow Chemical Company, et al., in the Supreme Court for SuffolkCounty, State of New York. The complaint alleges that the plaintiff “owns and/or operates drinking water systems and supplies drinking water to thousands of residents and businesses, in Suffolk County, New York.” The complaint alleges that perc and its breakdown products“have been and are contaminating and damaging Plaintiff's drinking water supply wells.” The plaintiff is seeking compensatory and punitive damages. The trial court ruled that any detectable amount of perc in a well constitutes a legal injury. We are appealing this and other rulings of the trial court. Discovery is ongoing. At this time, plaintiffs have not established that our perc was used at any specific dry cleaner or that we are liable for any alleged contamination.

§ R.R. Street Indemnity — Street, a former distributor of perc manufactured by us, alleges that we owe Street, and its insurer (National Union), a defense and indemnity in several litigation matters in which Street was named as a defendant. National Union alleges that we are obligated to contribute to National Union's share of defense fees, costs and any indemnity payments made on Street's behalf. We have had discussions with Street about the nature and extent of indemnity obligations, if any, and to date there has been no resolution of these issues.

lower passaic river matter

§ NJDEP LITIGATION — In 2009, Vulcan and over 300 other parties were named as third-party defendants in New Jersey Department of Environmental Protection, et al. v. Occidental Chemical Corporation, et al., a case originally brought by the New Jersey Department of Environmental Protection (NJDEP) in the New Jersey Superior Court. Vulcan was brought into the suit due to alleged discharges to the lower PassaicRiver (River) from the former Chemicals Division - Newark Plant. Vulcan owned and operated this site as a chloralkali plant from 1961-1974. In 1974, we sold the plant, although we continued to operate the plant for one additional year. This suit by the NJDEP seeks recovery of past and future clean-up costs, as well as unspecified economic damages, punitive damages, penalties and a variety of other forms of relief. Alldefendants, with the exception of Occidental Chemical Corporation, have reached a tentative settlement agreement with the plaintiffs. Vulcan’s settlement amount is immaterial and has been fully accrued. Final approval of the settlement is pending.

§ Lower Passaic River Study Area (Superfund Site) —  Vulcan and approximately 70 other companies are parties to a May 2007 Administrative Order on Consent (AOC) with the U.S. Environmental Protection Agency (EPA) to perform a Remedial Investigation/Feasibility Study (RI/FS) of the lower 17 miles of the River. Separately, the EPA issued a draft Focused Feasibility Study (FFS) that evaluated early action remedial alternatives for a portion of the River. The EPAhas given a range of estimated costs for these alternatives between $0.9 billion and $3.5 billion, although estimates of the cost and timing of future environmental remediation requirements are inherently imprecise and subject to revision. The EPA has not released the final FFS. As an interim step related to the 2007 AOC, Vulcan and 69 other companies voluntarily entered into an Administrative Settlement Agreement and Order on Consent on June 18, 2012 with the EPA for remediation actions focused at River Mile 10.9 of the River. Our estimated costs related to this focused remediation action, based on an interim allocation, are immaterial and have been accrued. On June 25, 2012, the EPA issued a Unilateral Administrative Order for Removal Response Activities to Occidental Chemical Corporation ordering Occidental to participate and cooperate in this remediation action at River Mile 10.9.

At this time, we cannot reasonably estimate our liability related to this matter because the RI/FS is ongoing; the ultimate remedial approach and associated cost has not been determined; and the parties that will participate in funding the remediation and their respective allocations are not yet known.

It is not possible to predict with certainty the ultimate outcome of these and other legal proceedings in which we are involved, and a number of factors, including developments in ongoing discovery or adverse rulings, could cause actual losses to differ materially from accrued costs. No liability was recorded for claims and litigation for which a loss was determined to be only reasonably possible or for which a loss could not be reasonably estimated. Legal costs incurred in defense of lawsuits are expensed as incurred. In addition, losses on certain claims and litigation described above may be subject to limitations on a per occurrence basis by excess insurance, as described in our most recent Annual Report on Form 10-K.

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OTHER COMPREHENSIVE INCOME (Accumulated Other Comprehensive Income (Loss)) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2012
AOCI
Cash flow hedges	$ (26,481)	$ (28,170)	$ (30,093)
Pension and postretirement plans	(130,185)	(197,347)	(178,689)
Total	$ (156,666)	$ (225,517)	$ (208,782)

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COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2013

COMMITMENTS AND CONTINGENCIES [Abstract]

Summary of Standby Letters of Credit

in thousands
Standby Letters of Credit
Risk management insurance	$       34,590
Industrial revenue bond	14,230
Reclamation/restoration requirements	6,755
Total	$       55,575

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DISCONTINUED OPERATIONS (Narrative) (Details) (USD $)	1 Months Ended	3 Months Ended		12 Months Ended	96 Months Ended
	Mar. 31, 2013	Sep. 30, 2012	Mar. 31, 2012	Dec. 31, 2007 agreement	Jun. 30, 2013	Jun. 30, 2012
DISCONTINUED OPERATIONS [Abstract]
Number of earn-out agreements				2
Cumulative cash receipts received under ECU earn-out				$ 150,000,000
Payments received under 5CP earn-out	13,031,000	33,000	11,336,000		79,391,000
Excess cash received under 5CP earn-out					46,290,000
Cash transaction bonus payable					$ 1,303,000	$ 1,134,000

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OTHER COMPREHENSIVE INCOME

6 Months Ended

Jun. 30, 2013

EQUITY [Abstract]

OTHER COMPREHENSIVE INCOME

Note 11: other Comprehensive Income

Comprehensive income comprises two subsets: net earnings and other comprehensive income (OCI). The components of other comprehensive income are presented in the accompanying Condensed Consolidated Statements of Comprehensive Income, net of applicable taxes.

Amounts in accumulated other comprehensive income (AOCI), net of tax, are as follows:

	June 30	December 31	June 30
in thousands	2013	2012	2012
AOCI
Cash flow hedges	$       (26,481)	$       (28,170)	$       (30,093)
Pension and postretirement benefit plans	(130,185)	(197,347)	(178,689)
Total	$     (156,666)	$     (225,517)	$     (208,782)

Changes in AOCI, net of tax, for the six months ended June 30, 2013 are as follows:

		Gains and
		Losses on	Pension and
		Cash Flow	Postretirement
in thousands		Hedges	Benefit Plans	Total
AOCI
Balance as of December 31, 2012		$       (28,170)	$     (197,347)	$     (225,517)
Other comprehensive income (loss)
before reclassifications  1		0	60,299	60,299
Amounts reclassified from AOCI		1,689	6,863	8,552
Net current period OCI changes		1,689	67,162	68,851
Balance as of June 30, 2013		$       (26,481)	$     (130,185)	$     (156,666)
1	Remeasurement of the pension plan funded status resulting from the plan change as described in Note 10.

Amounts reclassified from AOCI to earnings, are as follows:

		Three Months Ended		Six Months Ended
			June 30		June 30
in thousands		2013	2012	2013	2012
Reclassification Adjustment for Cash Flow
Hedges
Interest expense		$          1,386	$          1,585	$          2,801	$          3,140
Benefit from income taxes		(551)	(630)	(1,112)	(1,247)
Total		$             835	$             955	$          1,689	$          1,893
Amortization of Pension and Postretirement
Plan Actuarial Loss and Prior Service Cost 1
Cost of goods sold		$          4,553	$          4,039	$          9,010	$          7,974
Selling, administrative and general expenses		1,089	1,030	2,274	2,164
Benefit from income taxes		(2,211)	(1,985)	(4,421)	(3,970)
Total		$          3,431	$          3,084	$          6,863	$          6,168
Total reclassifications from AOCI to earnings		$          4,266	$          4,039	$          8,552	$          8,061
1	See Note 10 for a breakdown of the reclassifications among the curtailment loss and amortization of actuarial loss and prior
	service cost.

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DEBT

6 Months Ended

Jun. 30, 2013

DEBT [Abstract]

DEBT

Note 7: Debt

Debt is summarized as follows:

		June 30	December 31	June 30
in thousands		2013	2012	2012
Short-term Debt
Bank line of credit		$        100,000	$                0	$                0
Total short-term debt		$        100,000	$                0	$                0
Long-term Debt
5.60% notes due 20121		$                   0	$                0	$     134,535
6.30% notes due 20132		0	140,413	140,382
10.125% notes due 20153		152,317	152,718	153,100
6.50% notes due 20164		513,369	515,060	516,701
6.40% notes due 20175		349,897	349,888	349,878
7.00% notes due 20186		399,751	399,731	399,711
10.375% notes due 20187		248,757	248,676	248,599
7.50% notes due 20218		600,000	600,000	600,000
7.15% notes due 20379		239,557	239,553	239,549
Medium-term notes		6,000	16,000	16,000
Industrial revenue bonds		14,000	14,000	14,000
Other notes		933	964	1,084
Total long-term debt including current maturities		$     2,524,581	$  2,677,003	$  2,813,539
Less current maturities		161	150,602	285,152
Total long-term debt		$     2,524,420	$  2,526,401	$  2,528,387
Estimated fair value of long-term debt		$     2,756,202	$  2,766,835	$  2,636,409
1	Includes decreases for unamortized discounts, as follows: June 30, 2012 — $22 thousand.
2	Includes decreases for unamortized discounts, as follows:  December 31, 2012 — $30 thousand and June 30, 2012  —
	$62 thousand.
3	Includes an increase for the unamortized portion of the deferred gain realized upon the August 2011 settlement of
	interest rate swaps, as follows: June 30, 2013 — $2,543 thousand, December 31, 2012 — $2,983 thousand and June
	30, 2012 — $3,402 thousand. Additionally, includes decreases for unamortized discounts, as follows: June 30, 2013 —
	$226 thousand, December 31, 2012 — $265 thousand and June 30, 2012 — $302 thousand. The effective interest rate
	for these notes is 9.59%.
4	Includes an increase for the unamortized portion of the deferred gain realized upon the August 2011 settlement of
	interest rate swaps, as follows: June 30, 2013 — $13,369 thousand, December 31, 2012 — $15,060 thousand and
	June 30, 2012 — $16,701 thousand. The effective interest rate for these notes is 6.02%.
5	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $103 thousand, December 31, 2012 —
	$112 thousand and June 30, 2012 — $122 thousand. The effective interest rate for these notes is 7.41%.
6	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $249 thousand, December 31, 2012 —
	$269 thousand and June 30, 2012 — $289 thousand. The effective interest rate for these notes is 7.87%.
7	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $1,243 thousand, December 31, 2012 —
	$1,324 thousand and June 30, 2012 — $1,401 thousand. The effective interest rate for these notes is 10.62%.
8	The effective interest rate for these notes is 7.75%.
9	Includes decreases for unamortized discounts, as follows: June 30, 2013 — $631 thousand, December 31, 2012 —
	$635 thousand and June 30, 2012 — $639 thousand. The effective interest rate for these notes is 8.05%.

Our long-term debt is presented in the table above net of unamortized discounts from par and unamortized deferred gains realized upon settlement of interest rate swaps. Discounts and deferred gains are being amortized using the effective interest method over the respective terms of the notes.

The estimated fair value of long-term debt presented in the table above was determined by averaging the asking price quotes for the notes. The fair value estimates were based on Level 2 information (as defined in Note 5)  available to us as of the respective balance sheet dates. Although we are not aware of any factors that would significantly affect the estimated fair value amounts, such amounts have not been revalued since those dates.

Scheduled debt payments during the first six months of 2013 included $10,000,000 in January to retire the 8.70% medium-term note and $140,444,000 in June to retire the 6.30% notes. Scheduled debt payments during 2012 included $134,557,000 in November to retire the  5.60% notes.

In December 2011,  we entered into a $600,000,000 bank line of credit expiring on December 15, 2016. In March 2013, we proactively amended this line of credit to reduce its capacity to $500,000,000 and extend its term to March 12, 2018. The line of credit is secured by certain domestic accounts receivable and inventory. Borrowing capacity fluctuates with the level of eligible accounts receivable and inventory and may be less than $500,000,000 at any point in time. As of June 30, 2013, our borrowing capacity was $235,507,000(net of the $100,000,000 draw on our line of credit and $55,575,000 backing for standby letters of credit).

Borrowings under the line of credit bear interest at a rate determined at the time of borrowing equal to the lower of LIBOR plus a margin ranging from 1.50% to 2.00% based on the level of utilization, or an alternative rate derived from the lender’s prime rate. Borrowings on our line of credit are shown as short-term due to our intent to repay within twelve months. The $100,000,000 draw on our line of credit as of June 30, 2013 carries an average interest rate of 2.03% which reflects an applicable margin for the LIBOR based borrowing of1.75%.

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DISCONTINUED OPERATIONS

6 Months Ended

Jun. 30, 2013

DISCONTINUED OPERATIONS [Abstract]

DISCONTINUED OPERATIONS

Note 2: Discontinued Operations

In 2005, we sold substantially all the assets of our Chemicals business to Basic Chemicals, a subsidiary of Occidental Chemical Corporation. In addition to the initial cash proceeds, Basic Chemicals was required to make payments under two earn-out agreements subject to certain conditions. During 2007, we received the final payment under the ECU (electrochemical unit) earn-out, bringing cumulative cash receipts to its $150,000,000 cap.

Proceeds under the second earn-out agreement were based on the performance of the hydrochlorocarbon product HCC-240fa (commonly referred to as 5CP) from the closing of the transaction through December 31, 2012 (5CP earn-out). The primary determinant of the value for this earn-out is the level of growth in 5CP sales volume.

In March 2013, we received a payment of $13,031,000 under the 5CP earn-out related to performance during 2012, the final year of the earn-out agreement. During 2012, we received $11,336,000 in the first quarter and $33,000 in the third quarter under the 5CP earn-out related to the year ended December 31, 2011. Through June 30, 2013, we have received a total of $79,391,000 under the 5CP earn-out, a total of $46,290,000 in excess of the receivable recorded on the date of disposition.

We are liable for a cash transaction bonus payable annually to certain former key Chemicals employees based on the prior year’s 5CP earn-out results. We expect the 2013 payout will be $1,303,000 and have accrued this amount as of June 30, 2013. In comparison, we had accrued $1,134,000 as of June 30, 2012.

The financial results of the Chemicals business are classified as discontinued operations in the accompanying Condensed Consolidated Statements of Comprehensive Income for all periods presented. There were no net sales or revenues from discontinued operations for the periods presented. Results from discontinued operations are as follows:

	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Discontinued Operations
Pretax loss	$       (2,221)	$       (2,097)	$       (2,761)	$       (4,077)
Gain on disposal, net of transaction bonus	0	0	11,728	10,203
Income tax (provision) benefit	865	799	(3,540)	(2,426)
Earnings (loss) on discontinued operations,
net of income taxes	$       (1,356)	$       (1,298)	$        5,427	$        3,700

The pretax losses from discontinued operations noted above were due primarily to general and product liability costs, including legal defense costs, and environmental remediation costs associated with our former Chemicals business.

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DEBT (Narrative) (Details) (USD $)	1 Months Ended		6 Months Ended	12 Months Ended			6 Months Ended	1 Months Ended		6 Months Ended			6 Months Ended
	Jan. 31, 2013	Dec. 31, 2011	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2013 Amended Line Of Credit	Jun. 30, 2013 Medium-term Notes	Jan. 31, 2013 Medium-term Notes	Jun. 30, 2013 Line of Credit	Dec. 31, 2012 Line of Credit	Jun. 30, 2012 Line of Credit	Jun. 30, 2013 Line of Credit Minimum	Jun. 30, 2013 Line of Credit Maximum
Debt Instrument [Line Items]
Amount of final principal payment	$ 10,000,000			$ 134,557,000				$ 140,444,000
Interest rate				5.60%		6.50%		6.30%	8.70%
Amount of bank credit facility		600,000,000					500,000,000			500,000,000
Facility Expiration date		Dec. 15, 2016					Mar. 12, 2018
Borrowing capacity description			Borrowing capacity fluctuates with the level of eligible accounts receivable and inventory and may be less than $500,000,000 at any point in time.
Line of credit interst rate			2.03%
Applicable margin for LIBOR based borrowing										1.75%			1.50%	2.00%
Borrowing capacity			235,507,000
Short-term line of credit			100,000,000	0	0					100,000,000	0	0
Letter of credit outstanding			$ 55,575,000

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FAIR VALUE MEASUREMENTS (Fair Value Measurement of Assets on Recurring Basis) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2012
Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value, recurring	$ 24,327	$ 23,192	$ 22,130
Fair Value, Inputs, Level 1 | Mutual Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value, recurring	13,689	13,349	14,404
Fair Value, Inputs, Level 1 | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value, recurring	10,638	9,843	7,726
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value, recurring	1,507	2,265	384
Fair Value, Inputs, Level 2 | Common/Collective Trust Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value, recurring	$ 1,507	$ 2,265	$ 384

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OTHER COMPREHENSIVE INCOME (Tables)

6 Months Ended

Jun. 30, 2013

EQUITY [Abstract]

Accumulated Other Comprehensive Income (Loss) Net Of Tax

	June 30	December 31	June 30
in thousands	2013	2012	2012
AOCI
Cash flow hedges	$       (26,481)	$       (28,170)	$       (30,093)
Pension and postretirement benefit plans	(130,185)	(197,347)	(178,689)
Total	$     (156,666)	$     (225,517)	$     (208,782)

Changes In Accumulated Other Comprehensive Income (Loss)

		Gains and
		Losses on	Pension and
		Cash Flow	Postretirement
in thousands		Hedges	Benefit Plans	Total
AOCI
Balance as of December 31, 2012		$       (28,170)	$     (197,347)	$     (225,517)
Other comprehensive income (loss)
before reclassifications  1		0	60,299	60,299
Amounts reclassified from AOCI		1,689	6,863	8,552
Net current period OCI changes		1,689	67,162	68,851
Balance as of June 30, 2013		$       (26,481)	$     (130,185)	$     (156,666)
1	Remeasurement of the pension plan funded status resulting from the plan change as described in Note 10.

Reclassification of Amounts from Other Comprehensive Income Loss to Earnings

		Three Months Ended		Six Months Ended
			June 30		June 30
in thousands		2013	2012	2013	2012
Reclassification Adjustment for Cash Flow
Hedges
Interest expense		$          1,386	$          1,585	$          2,801	$          3,140
Benefit from income taxes		(551)	(630)	(1,112)	(1,247)
Total		$             835	$             955	$          1,689	$          1,893
Amortization of Pension and Postretirement
Plan Actuarial Loss and Prior Service Cost 1
Cost of goods sold		$          4,553	$          4,039	$          9,010	$          7,974
Selling, administrative and general expenses		1,089	1,030	2,274	2,164
Benefit from income taxes		(2,211)	(1,985)	(4,421)	(3,970)
Total		$          3,431	$          3,084	$          6,863	$          6,168
Total reclassifications from AOCI to earnings		$          4,266	$          4,039	$          8,552	$          8,061
1	See Note 10 for a breakdown of the reclassifications among the curtailment loss and amortization of actuarial loss and prior
	service cost.

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EQUITY (Change In Total Equity) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
EQUITY [Abstract]
Balance at December 31, 2012			$ 3,761,062
Net income (loss)	28,772	(18,283)	(26,064)	(70,336)
Common stock issued, Share-based compensation plans			280
Share-based compensation expense			11,102
Excess tax benefits from share-based compensation			888
Cash dividends on common stock ($0.02 per share)			(2,598)
Other comprehensive income (loss)	64,565	4,039	68,851	8,061
Other			(1)
Balance at June 30, 2013	$ 3,813,520	$ 3,742,936	$ 3,813,520	$ 3,742,936

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ASSET RETIREMENT OBLIGATIONS (Reconciliations Of Asset Retirement Obligations) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Asset Retirement Obligations
Balance at beginning of period	$ 156,458	$ 155,402	$ 150,072	$ 153,979
Liabilities incurred	65,587	45	65,587	45
Liabilities settled	(5,219)	(798)	(6,511)	(1,419)
Accretion expense	2,817	1,998	4,823	4,017
Revisions up (down), net	3,208	(6,234)	8,880	(6,209)
Balance at end of period	$ 222,851	$ 150,413	$ 222,851	$ 150,413

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SUPPLEMENTAL CASH FLOW INFORMATION

6 Months Ended

Jun. 30, 2013

SUPPLEMENTAL CASH FLOW INFORMATION [Abstract]

SUPPLEMENTAL CASH FLOW INFORMATION

Note 14: Supplemental Cash Flow Information

Supplemental information referable to our Condensed Consolidated Statements of Cash Flows is summarized below:

	Six Months Ended
		June 30
in thousands	2013	2012
Cash Payments
Interest (exclusive of amount capitalized)	$     100,598	$     103,626
Income taxes	9,087	9,074
Noncash Investing and Financing Activities
Amounts referable to business acquisition (Note 16)
Liabilities assumed	$            232	$                0
Accrued liabilities for purchases of property, plant
& equipment	4,212	3,890

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BENEFIT PLANS

6 Months Ended

Jun. 30, 2013

BENEFIT PLANS [Abstract]

BENEFIT PLANS

Note 10: Benefit Plans

We sponsor three funded, noncontributory defined benefit pension plans. These plans cover substantially all employees hired prior to July 15, 2007, other than those covered by union-administered plans. Benefits for the Salaried Plan are generally based on salaries or wages and years of service; the Construction Materials Hourly Plan and the Chemicals Hourly Plan provide benefits equal to a flat dollar amount for each year of service. In addition to these qualified plans, we sponsor three unfunded, nonqualified pension plans. Effective July 15, 2007, we amended our defined benefit pension plans to no longer accept new participants. In May 2013, we announced that future accruals for salaried pension participants will cease effective December 31, 2013. This change included a special transition provision which will allow salaries or wages through December 31, 2015 to be considered in the participants’ benefit calculations. The announcementresulted in a curtailment and remeasurement of the salaried and nonqualified pension plans as of May 31, 2013 that will reduce our 2013 pension expense by approximately $7,600,000 (net of the one-time curtailment loss noted below)of which $800,000 relates to discontinued operations.  See Note 11 for the impact of this remeasurement to our pension plan funded status. The following table sets forth the components of net periodic pension benefit cost:

PENSION BENEFITS	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Components of Net Periodic Benefit Cost
Service cost	$        5,821	$        5,588	$      11,894	$      11,175
Interest cost	10,291	10,799	20,637	21,597
Expected return on plan assets	(11,815)	(12,195)	(23,574)	(24,390)
Curtailment loss	855	0	855	0
Amortization of prior service cost	85	68	180	137
Amortization of actuarial loss	5,575	4,881	11,995	9,763
Net periodic pension benefit cost	$      10,812	$        9,141	$      21,987	$      18,282
Pretax reclassification from AOCI included in
net periodic pension benefit cost	$        6,515	$        4,949	$      13,030	$        9,900

In addition to pension benefits, we provide certain healthcare and life insurance benefits for some retired employees. In the fourth quarter of 2012, we amended our postretirement healthcare plan to cap our portion of the medical coverage cost at the 2015 level. Effective July 15, 2007, we amended our salaried postretirement healthcare coverage to increase the eligibility age for early retirement coverage to age 62, unless certain grandfathering provisions were met. Substantially all our salaried employees and where applicable, hourly employees may become eligible for these benefits if they reach a qualifying age and meet certain service requirements. Generally, Company-provided healthcare benefits terminate when covered individuals become eligible for Medicare benefits, become eligible for other group insurance coverage or reach age 65, whichever occurs first.The following table sets forth the components of net periodic postretirement benefit cost:

OTHER POSTRETIREMENT BENEFITS	Three Months Ended		Six Months Ended
		June 30		June 30
in thousands	2013	2012	2013	2012
Components of Net Periodic Benefit Cost
Service cost	$           707	$        1,167	$        1,415	$        2,333
Interest cost	815	1,562	1,630	3,124
Amortization of prior service credit	(1,216)	(168)	(2,432)	(337)
Amortization of actuarial loss	343	288	686	575
Net periodic postretirement benefit cost	$           649	$        2,849	$        1,299	$        5,695
Pretax reclassification from AOCI included in
net periodic postretirement benefit cost	$          (873)	$           120	$       (1,746)	$           238

The reclassifications from AOCI noted in the tables above are related to curtailment losses, amortization of prior service costs or credits and actuarial losses as shown in Note 11.

Prior contributions, along with the existing funding credits, are sufficient to cover required contributions to the qualified plans through 2013.

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SEGMENT REPORTING (Segment Financial Disclosure) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2013		Jun. 30, 2012		Jun. 30, 2013		Jun. 30, 2012
Segment Reporting Information [Line Items]
Net sales	$ 696,078		$ 648,890		$ 1,200,632		$ 1,148,741
Delivery revenues	42,655		45,246		76,263		81,277
Total revenues	738,733		694,136		1,276,895		1,230,018
Gross profit	132,895		105,939		150,550		127,897
Depreciation, depletion, accretion and amortization	76,961		84,116		152,557		169,283
Aggregates
Segment Reporting Information [Line Items]
Net sales	464,000	[1]	431,900	[1]	789,400	[1]	756,400	[1]
Gross profit	127,100		111,800		151,900		145,900
Depreciation, depletion, accretion and amortization	56,600	[2]	61,700	[2]	112,500	[2]	124,000	[2]
Aggregates | Segments Revenues[Member]
Segment Reporting Information [Line Items]
Net sales	508,400	[1]	471,100	[1]	867,400	[1]	826,800	[1]
Aggregates | Intersegment Sales [Member]
Segment Reporting Information [Line Items]
Net sales	(44,400)	[1]	(39,200)	[1]	(78,000)	[1]	(70,400)	[1]
Concrete
Segment Reporting Information [Line Items]
Net sales	120,300	[3]	102,600	[3]	220,200	[3]	194,600	[3]
Gross profit	(5,800)		(9,000)		(15,900)		(21,300)
Depreciation, depletion, accretion and amortization	8,200	[2]	10,400	[2]	16,200	[2]	21,600	[2]
Concrete | Segments Revenues[Member]
Segment Reporting Information [Line Items]
Net sales	120,300	[3]	103,000	[3]	220,200	[3]	195,500	[3]
Concrete | Intersegment Sales [Member]
Segment Reporting Information [Line Items]
Net sales	0	[3]	(400)	[3]	0	[3]	(900)	[3]
Asphalt Mix
Segment Reporting Information [Line Items]
Net sales	99,900		103,700		167,200		175,000
Gross profit	9,200		5,100		11,200		4,500
Depreciation, depletion, accretion and amortization	2,100	[2]	2,200	[2]	4,200	[2]	4,500	[2]
Asphalt Mix | Segments Revenues[Member]
Segment Reporting Information [Line Items]
Net sales	99,900		103,700		167,200		175,000
Cement
Segment Reporting Information [Line Items]
Net sales	11,900	[4]	10,700	[4]	23,800	[4]	22,700	[4]
Gross profit	2,400		(2,000)		3,400		(1,200)
Depreciation, depletion, accretion and amortization	4,400	[2]	3,700	[2]	8,300	[2]	7,800	[2]
Cement | Segments Revenues[Member]
Segment Reporting Information [Line Items]
Net sales	23,800	[4]	20,300	[4]	46,500	[4]	40,800	[4]
Cement | Intersegment Sales [Member]
Segment Reporting Information [Line Items]
Net sales	(11,900)	[4]	(9,600)	[4]	(22,700)	[4]	(18,100)	[4]
Other unallocated
Segment Reporting Information [Line Items]
Depreciation, depletion, accretion and amortization	$ 5,700	[2]	$ 6,100	[2]	$ 11,400	[2]	$ 11,400	[2]

[1] Includes crushed stone, sand and gravel, sand, other aggregates, as well as transportation and service revenues associated with the aggregates business.

[2] The allocation of indirect depreciation to our operating segments was changed in the fourth quarter of 2012 to better align the presentation with how management views information internally. The 2012 DDA&A amounts presented above have been revised to conform to the 2013 presentation.

[3] Includes ready-mixed concrete, concrete block, precast concrete, as well as building materials purchased for resale.

[4] Includes cement and calcium products.

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NEW ACCOUNTING STANDARDS

6 Months Ended

Jun. 30, 2013

NEW ACCOUNTING STANDARDS [Abstract]

NEW ACCOUNTING STANDARDS

Note 17: New Accounting Standards

ACCOUNTING STANDARDS RECENTLY ADOPTED

NEW DISCLOSURE REQUIREMENTS ON OFFSETTING ASSETS AND LIABILITIES  As of and for the interim period ended March 31, 2013, we adopted Accounting Standards Update (ASU) No. ASU 2011-11, “Disclosures About Offsetting Assets and Liabilities.” This ASU creates new disclosure requirements about the nature of an entity’s rights of setoff and related arrangements associated with its financial and derivative instruments. The scope of instruments covered under this ASU was further clarified in the January 2013 issuance of ASU 2013-01,"Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities." These new disclosures are designed to facilitate comparisons between financial statements prepared under U.S. GAAP and those prepared under International Financial Reporting Standards (IFRS). Our adoption of this standard had no material impact on our financial position, results of operations or liquidity.

AMENDMENTS ON INDEFINITE-LIVED INTANGIBLE ASSET IMPAIRMENT TESTING  As of and for the interim period ended March 31, 2013, we adopted ASU No. 2012-02, “Testing Indefinite-Lived Intangible Assets for Impairment.” This ASU amends the impairment testing guidance in Accounting Standards Codification 350-30, “General Intangibles Other Than Goodwill.” Under the amended guidance, an entity has the option of performing a qualitative assessment when testing an indefinite-lived intangible asset for impairment. Further testing would be required only if, on the basis of the qualitative factors, an entity determines that the fair value of the intangible asset is more likely than not (a likelihood of more than 50%) less than the carrying amount. Additionally, this ASU revises the examples of events and circumstances that an entity should consider when determining if an interim impairment test is required. Our adoption of this standard had no material impact on our financial position, results of operations or liquidity.

presentation of other comprehensive income  As of the annual period ended December 31, 2011, we adopted ASU No. 2011-05, "Presentation of Comprehensive Income." This standard eliminates the option to present components of other comprehensive income (OCI) as part of the statement of equity. The amendments in this standard require that all nonowner changes in equity be presented either in a single continuous statement of comprehensive income or in two separate but consecutive statements. In December 2011, the Financial Accounting Standards Board (FASB) issued ASU No. 2011-12, “Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in ASU No. 2011-05.” ASU No. 2011-12 indefinitely defers the requirement in ASU No. 2011-05 to present reclassification adjustments out of accumulated other comprehensive income by component in the Consolidated Statement of Comprehensive Income. In February 2013, the FASB issued ASU No. 2013-02, “Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.” ASU 2013-02 finalizes the requirements of ASU 2011-05 that ASU 2011-12 deferred, clarifying how to report the effect of significant reclassifications out of accumulated other comprehensive income. Our accompanying Condensed Consolidated Statements of Comprehensive Income and Note 11 conform to the presentation requirements of these standards.

ACCOUNTING STANDARDS PENDING ADOPTION

GUIDANCE FOR OBLIGATIONS RESULTING FROM JOINT AND SEVERAL LIABILITY ARRANGEMENTS  In February 2013, the FASB issued ASU 2013-04, "Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date" which provides guidance for the recognition, measurement and disclosure of such obligations that are within the scope of the ASU. Obligations within the scope of this ASU include debt arrangements, other contractual obligations and settled litigation and judicial rulings. Under this ASU, an entity (1) recognizes such obligations at the inception of the arrangement, (2) measures such obligations as the sum of (a) the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and (b) any additional amount the reporting entity expects to pay on behalf of its co-obligors and (3) discloses the nature and amount of such obligations as well as other information about those obligations. This ASU is effective for all prior periods in fiscal years beginning on or after December 15, 2013, with retrospective application required. We will adopt this standard as of and for the interim period ending June 30, 2014. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements.

GUIDANCE ON THE LIQUIDATION BASIS OF ACCOUNTING  In April 2013, the FASB issued ASU 2013-07, “Liquidation Basis of Accounting” which provides guidance on when and how to apply the liquidation basis of accounting and on what to disclose. This ASU is effective for fiscal years beginning after December 15, 2013, with early adoption permitted, and should be applied prospectively from the date liquidation is imminent. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements.

GUIDANCE ON FINANCIAL STATEMENT PRESENTATION OF UNRECOGNIZED TAX BENEFIT  In July 2013, the FASB issued ASU 2013-11, "Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists" which provides explicit presentation guidelines. Under this ASU, an unrecognized tax benefit, or portion thereof, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward except when specific conditions are met as outlined in the ASU. When these specific conditions are met, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. This ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013, and should be applied prospectively to all unrecognized tax benefits that exist at the effective date. Both early adoption and retrospective application are permitted. We will adopt this standard as of and for the interim period ending March 31, 2014. We do not expect the adoption of this standard to have a material impact on our consolidated financial statements.

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GOODWILL

6 Months Ended

Jun. 30, 2013

GOODWILL [Abstract]

GOODWILL

Note 15: Goodwill

Goodwill is recognized when the consideration paid for a business combination (acquisition) exceeds the fair value of the tangible and identifiable intangible assets acquired. Goodwill is allocated to reporting units for purposes of testing goodwill for impairment. There were no charges for goodwill impairment in the three month periods ended June 30, 2013 and 2012.

We have four reportable segments organized around our principal product lines: aggregates, concrete, asphalt mix and cement. Changes in the carrying amount of goodwill by reportable segment from December 31, 2012 to June 30, 2013 are summarized below:

GOODWILL

in thousands		Aggregates	Concrete	Asphalt Mix	Cement	Total
Gross Carrying Amount
Total as of December 31, 2012		$    2,995,083	$             0	$    91,633	$     252,664	$    3,339,380
Goodwill of acquired businesses 1		4,698	0	0	0	4,698
Goodwill of divested businesses 1		(5,195)	0	0	0	(5,195)
Total as of June 30, 2013		$    2,994,586	$             0	$    91,633	$     252,664	$    3,338,883
Accumulated Impairment Losses
Total as of December 31, 2012		$                  0	$             0	$             0	$   (252,664)	$      (252,664)
Total as of June 30, 2013		$                  0	$             0	$             0	$   (252,664)	$      (252,664)
Goodwill, net of Accumulated
Impairment Losses
Total as of December 31, 2012		$    2,995,083	$             0	$    91,633	$                0	$    3,086,716
Total as of June 30, 2013		$    2,994,586	$             0	$    91,633	$                0	$    3,086,219
1	The goodwill of acquired/divested businesses relates to the 2013 acquisitions/divestitures discussed in Note 16.

We test goodwill for impairment on an annual basis or more frequently if events or circumstances change in a manner that would more likely than not reduce the fair value of a reporting unit below its carrying value. A decrease in the estimated fair value of one or more of our reporting units could result in the recognition of a material, noncash write-down of goodwill.

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Document and Entity Information	6 Months Ended
	Jun. 30, 2013
Document Documentand Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2
Trading Symbol	VMC
Entity Registrant Name	Vulcan Materials CO
Entity Central Index Key	0001396009
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	129,963,192

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ACQUISITIONS AND DIVESTITURES

6 Months Ended

Jun. 30, 2013

ACQUISITIONS AND DIVESTITURES [Abstract]

ACQUISITIONS AND DIVESTITURES

Note 16: Acquisitions and Divestitures

In the second quarter of 2013, we acquired an aggregates production facility and four ready-mixed concrete facilities for $29,983,000. As a result, we recognized $5,542,000 of amortizable intangible assets (contractual rights in place),  all of which will be deducted for income tax purposes over 15 years. The contractual rights in place will be amortized against earnings using the unit-of-production method over an estimated weighted-average period in excess of 50 years.  The purchase price allocation for this 2013 acquisition is preliminary pending final appraisals.

In the first quarter of 2013, we acquired two aggregates production facilities for $59,968,000.  The initial accounting for the business combination was not finalized at the end of the first quarter because appraisals of amortizable intangible assets (contractual rights in place) and property, plant & equipment were not completed. Provisional amounts for contractual rights in place and property, plant & equipment were adjusted to the appraised values in the second quarter of 2013. These adjustments resulted in an increase in contractual rights in place from $800,000 to $3,620,000, an increase in property, plant & equipment from $45,888,000 to $47,884,000 and a decrease in goodwill from $9,759,000 to $4,698,000. The comparative balance sheet as of March 31, 2013 will be retrospectively adjusted to reflect these adjustments. The impact of applying these adjustments retrospectively to the first quarter 2013 statement of comprehensive income was immaterial. The contractual rights in place will be amortized against earnings using the unit-of-production method over an estimated weighted-average period in excess of 20 years. All of the intangible assets (goodwill and contractual rights in place)are deductible for income tax purposes over 15 years.

In the second quarter of 2013, we sold four aggregates production facilities resulting in net pretax cash proceeds of $34,743,000 and a pretax gain of $21,048,000.  We allocated $4,521,000 of goodwill to these dispositions based on the relative fair values of the businesses disposed of and the portion of the reporting unit retained. Additionally, the dispositions ofthese facilitieswill likely result in a partial withdrawal from one of our multiemployer pension plans; therefore, we recognized a $4,000,000 withdrawal liability.

In the first quarter of 2013, we sold an aggregates production facility and its related replacement reserve land resulting in net pretax cash proceeds of $5,133,000 and a pretax gain of $2,802,000. We allocated $674,000 of goodwill to this disposition based on the relative fair values of the business disposed of and the portion of the reporting unit retained. Additionally, we sold equipment and other personal property from two idled prestress concrete production facilities in the first quarter of 2013 resulting in net pretax cash proceeds of $622,000 and a pretax gain of $457,000.

Pending divestitures (Aggregates segment — a previously mined and subsequently reclaimed tract of land, and Ready-mix segment — a former site of a ready-mix facility) are presented in the accompanying Condensed Consolidated Balance Sheet as of June 30, 2013 as assets held for sale and liabilities of assets held for sale. We expect the sales to occur during 2013.  Likewise, pending divestitures as of December 31, 2012 (Aggregates segment — a previously mined and subsequently reclaimed tract of land, an aggregates production facility and its related replacement reserve land, and Ready-mix segment — a former site of a ready-mix facility) are presented in the accompanying Condensed Consolidated Balance Sheet as of December 31, 2012 as assets held for sale and liabilities of assets held for sale. The major classes of assets and liabilities of assets classified as held for sale are as follows:

	June 30	December 31	June 30
in thousands	2013	2012	2012
Held for Sale
Current assets	$              0	$          809	$              0
Property, plant & equipment, net	12,926	14,274	0
Total assets held for sale	$     12,926	$     15,083	$              0
Noncurrent liabilities	$              0	$          801	$              0
Total liabilities of assets held for sale	$              0	$          801	$              0

During the first six months of 2012, we sold:

§ mitigation credits resulting in net pretax cash proceeds of $13,469,000 and a pretax gain of $12,342,000

§ real estate resulting in net pretax cash proceeds of $9,691,000 and a pretax gain of $5,979,000

Effective land management is both a business strategy and a social responsibility. We strive to achieve value through our mining activities as well as incremental value through effective post-mining land management. Our land management strategy includes routinely reclaiming and selling our previously mined land. Additionally, this strategy includes developing conservation banks by preserving land as a suitable habitat for endangered or sensitive species. These conservation banks have received approval from the United States Fish and Wildlife Service to offer mitigation credits for sale to third parties who may be required to compensate for the loss of habitats of endangered or sensitive species.

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BENEFIT PLANS (Components Of Net Periodic Benefit Cost) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Pension Plans, Defined Benefit
Components of Net Periodic Benefit Cost
Service cost	$ 5,821	$ 5,588	$ 11,894	$ 11,175
Interest cost	10,291	10,799	20,637	21,597
Expected return on plan assets	(11,815)	(12,195)	(23,574)	(24,390)
Curtailment loss	855	0	855	0
Amortization of prior service cost	85	68	180	137
Amortization of actuarial loss	5,575	4,881	11,995	9,763
Net periodic pension benefit cost	10,812	9,141	21,987	18,282
Pretax reclassification from AOCI included in net periodic pension benefit cost	6,515	4,949	13,030	9,900
Other Postretirement Benefit Plans, Defined Benefit
Components of Net Periodic Benefit Cost
Service cost	707	1,167	1,415	2,333
Interest cost	815	1,562	1,630	3,124
Amortization of prior service cost	(1,216)	(168)	(2,432)	(337)
Amortization of actuarial loss	343	288	686	575
Net periodic pension benefit cost	649	2,849	1,299	5,695
Pretax reclassification from AOCI included in net periodic pension benefit cost	$ (873)	$ 120	$ (1,746)	$ 238

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BENEFIT PLANS (Narrative) (Details) (USD $)	6 Months Ended
	Jun. 30, 2013 entity Y
Defined Benefit Plan Disclosure [Line Items]
Number of funded, noncontributory defined benefit pension plans	3
Number of unfunded, nonqualified pension plans	3
Pension Expense	$ (7,600,000)
Early retirement age	62
Normal retirement age	65
Discontinued Operations [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension Expense	$ (800,000)