SEGMENT REPORTING

3 Months Ended

Mar. 31, 2014

SEGMENT REPORTING [Abstract]

SEGMENT REPORTING

Note 13: Segment Reporting

We have four operating (and reportable) 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
		March 31
in millions	2014	2013
Total Revenues
Aggregates 1
Segment revenues	$        404.2	$        359.0
Intersegment sales	(43.4)	(33.6)
Net sales	360.8	325.4
Concrete 2
Segment revenues	96.0	99.9
Net sales	96.0	99.9
Asphalt Mix
Segment revenues	83.0	67.3
Net sales	83.0	67.3
Cement 3
Segment revenues	17.9	22.7
Intersegment sales	(9.2)	(10.7)
Net sales	8.7	12.0
Totals
Net sales	548.5	504.6
Delivery revenues	25.9	33.6
Total revenues	$        574.4	$        538.2
Gross Profit
Aggregates	$          38.5	$          24.8
Concrete 2	(9.2)	(10.0)
Asphalt Mix	4.7	1.9
Cement 3	0.1	1.0
Total	$          34.1	$          17.7
Depreciation, Depletion, Accretion
and Amortization (DDA&A)
Aggregates	$          54.6	$          55.9
Concrete 2	6.0	8.0
Asphalt Mix	2.4	2.0
Cement 3	1.1	3.9
Other	5.3	5.8
Total	$          69.4	$          75.6
Identifiable Assets 4
Aggregates	$     7,004.2	$     6,737.2
Concrete 2	240.4	380.4
Asphalt Mix	225.4	268.9
Cement 3	14.6	412.2
Total identifiable assets	$     7,484.6	$     7,798.7
General corporate assets	118.8	91.7
Cash items	268.8	188.1
Total	$     7,872.2	$     8,078.5

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. On March 7, 2014, we sold our concrete business in the Florida area (see Note 16).
3	Includes cement and calcium products. On March 7, 2014, we sold our cement business in the Florida area (see Note 16).
4	Certain temporarily idled assets are included within a segment’s Identifiable Assets but the associated DDA&A is shown within Other in the DDA&A section above as the related DDA&A is excluded from segment gross profit.