XML 89 R74.htm IDEA: XBRL DOCUMENT v2.4.1.9
SUBSEQUENT EVENTS (Details) (USD $)
1 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Apr. 30, 2015
Jun. 30, 2015
Jun. 30, 2011
Subsequent Event [Line Items]              
Debt purchased, amount $ 506,366,000us-gaap_DebtInstrumentRepurchaseAmount   $ 506,366,000us-gaap_DebtInstrumentRepurchaseAmount        
Interest rate             6.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
Debt issued, amount             500,000,000us-gaap_DebtInstrumentFaceAmount
Total consideration paid for debt 579,659,000us-gaap_RepaymentsOfDebt 145,918,000us-gaap_RepaymentsOfDebt 579,676,000us-gaap_RepaymentsOfDebt        
Premium paid for purchase of debt 71,829,000vmc_PremiumOnRedemptionOfDebt   71,829,000vmc_PremiumOnRedemptionOfDebt        
Transaction cost related to termination of debt     1,464,000vmc_TransactionCostRelatedToTerminationOfDebt        
Debt to EBITDA ratio   3.5vmc_DebtToEbitdaRatio          
Ebitda To Net Cash Interest Expense   3.0vmc_EbitdaToNetCashInterestExpense          
6.50% notes due 2016 [Member]              
Subsequent Event [Line Items]              
Debt purchased, amount 374,999,000us-gaap_DebtInstrumentRepurchaseAmount
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFiveZeroPercentNotesDueTwentySixteenMember
  374,999,000us-gaap_DebtInstrumentRepurchaseAmount
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFiveZeroPercentNotesDueTwentySixteenMember
       
Interest rate 6.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFiveZeroPercentNotesDueTwentySixteenMember
6.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFiveZeroPercentNotesDueTwentySixteenMember
6.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFiveZeroPercentNotesDueTwentySixteenMember
6.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFiveZeroPercentNotesDueTwentySixteenMember
     
Maturity year   2016 2016        
6.40% notes due 2017 [Member]              
Subsequent Event [Line Items]              
Debt purchased, amount 131,367,000us-gaap_DebtInstrumentRepurchaseAmount
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFourZeroPercentNotesDueTwentySeventeenMember
  131,367,000us-gaap_DebtInstrumentRepurchaseAmount
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFourZeroPercentNotesDueTwentySeventeenMember
       
Interest rate 6.40%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFourZeroPercentNotesDueTwentySeventeenMember
6.40%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFourZeroPercentNotesDueTwentySeventeenMember
6.40%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFourZeroPercentNotesDueTwentySeventeenMember
6.40%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFourZeroPercentNotesDueTwentySeventeenMember
     
Maturity year   2017 2017        
7.00% notes due 2018 [Member]              
Subsequent Event [Line Items]              
Debt purchased, amount   127,303,000us-gaap_DebtInstrumentRepurchaseAmount
/ us-gaap_LongtermDebtTypeAxis
= vmc_SevenPointZeroZeroPercentNotesDueTwentyEighteenMember
  127,303,000us-gaap_DebtInstrumentRepurchaseAmount
/ us-gaap_LongtermDebtTypeAxis
= vmc_SevenPointZeroZeroPercentNotesDueTwentyEighteenMember
     
Interest rate   7.00%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SevenPointZeroZeroPercentNotesDueTwentyEighteenMember
  7.00%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SevenPointZeroZeroPercentNotesDueTwentyEighteenMember
     
Maturity year   2018   2018      
Total consideration paid for debt   145,899,000us-gaap_RepaymentsOfDebt
/ us-gaap_LongtermDebtTypeAxis
= vmc_SevenPointZeroZeroPercentNotesDueTwentyEighteenMember
         
Premium paid for purchase of debt   18,140,000vmc_PremiumOnRedemptionOfDebt
/ us-gaap_LongtermDebtTypeAxis
= vmc_SevenPointZeroZeroPercentNotesDueTwentyEighteenMember
  18,140,000vmc_PremiumOnRedemptionOfDebt
/ us-gaap_LongtermDebtTypeAxis
= vmc_SevenPointZeroZeroPercentNotesDueTwentyEighteenMember
     
Transaction cost related to termination of debt   456,000vmc_TransactionCostRelatedToTerminationOfDebt
/ us-gaap_LongtermDebtTypeAxis
= vmc_SevenPointZeroZeroPercentNotesDueTwentyEighteenMember
         
8.85% notes due 2021 [Member]              
Subsequent Event [Line Items]              
Interest rate   8.85%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_EightPointEightFiveNotesDueTwentyTwentyOneMember
  8.85%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_EightPointEightFiveNotesDueTwentyTwentyOneMember
     
Maturity year   2021          
Industrial revenue bonds [Member]              
Subsequent Event [Line Items]              
Maturity year   2022          
4.50% notes due 2025 [Member]              
Subsequent Event [Line Items]              
Interest rate   4.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_FourPointFiveZeroNotesDueTwentyTwentyFiveMember
  4.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_FourPointFiveZeroNotesDueTwentyTwentyFiveMember
     
Maturity year   2025          
Debt issued, amount   400,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= vmc_FourPointFiveZeroNotesDueTwentyTwentyFiveMember
  400,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= vmc_FourPointFiveZeroNotesDueTwentyTwentyFiveMember
     
Subsequent Event [Member]              
Subsequent Event [Line Items]              
Debt purchased, amount         343,819,000us-gaap_DebtInstrumentRepurchaseAmount
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Total consideration paid for debt         384,990,000us-gaap_RepaymentsOfDebt
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Premium paid for purchase of debt         41,153,000vmc_PremiumOnRedemptionOfDebt
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Transaction cost related to termination of debt         18,000vmc_TransactionCostRelatedToTerminationOfDebt
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Interest expense           45,303,000us-gaap_InterestExpense
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
 
Net cost/benefit associated with the acceleration of a proportional amount of unamortized discounts, deferred gains, deferred financing costs and amounts accumulated in OCI         4,132,000vmc_CostBenefitAssociatedWithUnamortizedDiscountsDeferredGainsDeferredFinancingCostsAndAoci
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Subsequent Event [Member] | 6.50% notes due 2016 [Member]              
Subsequent Event [Line Items]              
Debt purchased, amount         125,001,000us-gaap_DebtInstrumentRepurchaseAmount
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFiveZeroPercentNotesDueTwentySixteenMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Interest rate         6.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFiveZeroPercentNotesDueTwentySixteenMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Maturity year         2016    
Subsequent Event [Member] | 6.40% notes due 2017 [Member]              
Subsequent Event [Line Items]              
Debt purchased, amount         218,633,000us-gaap_DebtInstrumentRepurchaseAmount
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFourZeroPercentNotesDueTwentySeventeenMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Interest rate         6.40%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SixPointFourZeroPercentNotesDueTwentySeventeenMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Maturity year         2017    
Subsequent Event [Member] | 7.00% notes due 2018 [Member]              
Subsequent Event [Line Items]              
Debt purchased, amount         $ 185,000us-gaap_DebtInstrumentRepurchaseAmount
/ us-gaap_LongtermDebtTypeAxis
= vmc_SevenPointZeroZeroPercentNotesDueTwentyEighteenMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Interest rate         7.00%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= vmc_SevenPointZeroZeroPercentNotesDueTwentyEighteenMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Maturity year         2018