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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]      
Total revenues [1] $ 5,552.2 $ 4,856.8 $ 4,929.1
Cost of revenues 4,178.8 3,575.3 3,673.2
Gross profit 1,373.4 1,281.5 1,255.9
Selling, administrative and general expenses 417.6 359.8 370.5
Gain on sale of property, plant & equipment and businesses 120.1 4.0 23.8
Other operating expense, net (65.1) (30.0) (31.7)
Operating earnings 1,010.8 895.7 877.5
Other nonoperating income (expense), net 10.7 (17.5) 9.2
Interest income 1.6 1.6 1.2
Interest expense 149.3 136.0 130.2
Earnings from continuing operations before income taxes 873.8 743.8 757.7
Current 133.5 93.9 58.9
Deferred 66.6 61.9 76.3
Total income tax expense 200.1 155.8 135.2
Earnings from continuing operations 673.7 588.0 622.5
Loss on discontinued operations, net of tax (3.3) (3.5) (4.8)
Net earnings 670.4 584.5 617.7
Loss attributable to noncontrolling interest 0.4 (0.0) (0.0)
Net earnings attributable to Vulcan 670.8 584.5 617.7
Other comprehensive income (loss), net of tax      
Deferred loss on interest rate derivative 0.0 (14.7) 0.0
Amortization of prior interest rate derivative loss 1.5 1.7 0.2
Adjustment for funded status of benefit plans 13.4 6.4 (26.9)
Amortization of actuarial loss and prior service cost for benefit plans 13.7 23.0 1.2
Other comprehensive income (loss) 28.6 16.4 (25.5)
Comprehensive income 699.0 600.9 592.2
Comprehensive loss attributable to noncontrolling interest 0.4 (0.0) (0.0)
Comprehensive income attributable to Vulcan $ 699.4 $ 600.9 $ 592.2
Basic earnings (loss) per share attributable to Vulcan      
Continuing operations $ 5.08 $ 4.44 $ 4.71
Discontinued operations (0.03) (0.03) (0.04)
Net earnings 5.05 4.41 4.67
Diluted earnings (loss) per share attributable to Vulcan      
Continuing operations 5.05 4.41 4.67
Discontinued operations (0.03) (0.02) (0.04)
Net earnings $ 5.02 $ 4.39 $ 4.63
Weighted-average common shares outstanding      
Basic 132.8 132.6 132.3
Assuming dilution 133.5 133.2 133.4
[1]

1

The geographic markets are defined by states as follows:

East market — Arkansas, Delaware, Illinois, Kentucky, Maryland, North Carolina, Pennsylvania, Tennessee, Virginia, and Washington D.C.

Gulf Coast market — Alabama, Florida, Georgia, Louisiana, Mississippi, Oklahoma, Quintana Roo (Mexico), South Carolina and Texas

West market — Arizona, California and New Mexico

U.S. Concrete — British Columbia (Canada), California, Hawaii, New Jersey, New York, Oklahoma, Pennsylvania, Texas, the U.S. Virgin Islands and Washington D.C.