SEGMENT REPORTING

6 Months Ended

Jun. 30, 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		Six Months Ended
		June 30		June 30
in millions	2014	2013	2014	2013
Total Revenues
Aggregates 1
Segment revenues	$        595.6	$        508.4	$        999.9	$        867.4
Intersegment sales	(43.1)	(44.4)	(86.5)	(78.0)
Net sales	552.5	464.0	913.4	789.4
Concrete 2
Segment revenues	93.8	120.3	189.8	220.2
Net sales	93.8	120.3	189.8	220.2
Asphalt Mix
Segment revenues	107.8	99.9	190.8	167.2
Net sales	107.8	99.9	190.8	167.2
Cement 3
Segment revenues	2.2	23.8	20.0	46.5
Intersegment sales	0.0	(11.9)	(9.2)	(22.7)
Net sales	2.2	11.9	10.8	23.8
Totals
Net sales	756.3	696.1	1,304.8	1,200.6
Delivery revenues	34.8	42.6	60.8	76.3
Total revenues	$        791.1	$        738.7	$     1,365.6	$     1,276.9
Gross Profit
Aggregates	$        161.7	$        127.1	$        200.2	$        151.9
Concrete 2	3.2	(5.8)	(6.0)	(15.9)
Asphalt Mix	9.0	9.2	13.7	11.2
Cement 3	0.9	2.4	1.0	3.4
Total	$        174.8	$        132.9	$        208.9	$        150.6
Depreciation, Depletion, Accretion
and Amortization (DDA&A)
Aggregates	$          56.3	$          56.6	$        111.0	$        112.5
Concrete 2	4.8	8.2	10.8	16.2
Asphalt Mix	2.4	2.1	4.8	4.2
Cement 3	0.2	4.4	1.2	8.3
Other	4.6	5.7	9.9	11.4
Total	$          68.3	$          77.0	$        137.7	$        152.6
Identifiable Assets 4
Aggregates			$     7,126.4	$     6,851.9
Concrete 2			238.7	390.3
Asphalt Mix			224.9	293.3
Cement 3			6.0	408.2
Total identifiable assets			$     7,596.0	$     7,943.7
General corporate assets			110.2	89.5
Cash items			227.7	87.0
Total			$     7,933.9	$     8,120.2

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 (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.