SEGMENT REPORTING

9 Months Ended

Sep. 30, 2022

SEGMENT REPORTING [Abstract]

SEGMENT REPORTING

Note 13: Segment Reporting

We have four operating (and reportable) segments organized around our principal product lines: Aggregates, Asphalt, Concrete and Calcium. The vast majority of our activities are domestic. We sell a relatively small amount of construction aggregates outside the United States. Our Asphalt and Concrete segments are primarily supplied with their aggregates requirements from our Aggregates segment. These intersegment sales are made at local market prices for the particular grade and quality of product used in the production of asphalt mix and ready-mixed concrete and are excluded from total revenues. Management reviews earnings from the product line reporting segments principally at the gross profit level.

segment financial disclosure

	Three Months Ended		Nine Months Ended
	September 30		September 30
in millions	2022	2021	2022	2021
Total Revenues
Aggregates 1	$       1,490.5	$       1,172.4	$       4,013.5	$       3,192.7
Asphalt 2	310.2	220.7	752.1	580.4
Concrete	450.5	219.2	1,233.4	396.8
Calcium	2.1	1.5	5.4	5.5
Segment sales	$       2,253.3	$       1,613.8	$       6,004.4	$       4,175.4
Aggregates intersegment sales	(165.0)	(97.3)	(421.1)	(229.5)
Total revenues	$       2,088.3	$       1,516.5	$       5,583.3	$       3,945.9
Gross Profit
Aggregates	$          436.1	$          372.4	$       1,081.3	$          969.8
Asphalt	29.5	7.1	40.2	17.6
Concrete	26.5	14.3	84.7	32.4
Calcium	0.8	0.3	1.6	1.9
Total	$          492.9	$          394.1	$       1,207.8	$       1,021.7
Depreciation, Depletion, Accretion
and Amortization (DDA&A)
Aggregates	$          113.5	$            93.3	$          324.4	$          258.5
Asphalt	8.9	9.0	26.0	27.1
Concrete	21.7	8.7	63.5	16.6
Calcium	0.0	0.0	0.1	0.1
Other	6.9	6.5	21.0	18.7
Total	$          151.0	$          117.5	$          435.0	$          321.0
Identifiable Assets 3
Aggregates			$     11,713.5	$     10,940.6
Asphalt			671.3	617.8
Concrete 4			1,773.8	1,720.7
Calcium			4.2	3.9
Total identifiable assets			$     14,162.8	$     13,283.0
General corporate assets			306.1	268.6
Cash and cash equivalents and restricted cash			146.9	136.4
Total assets			$     14,615.8	$     13,688.0

1	Includes product sales (crushed stone, sand and gravel, sand, and other aggregates), as well as freight & delivery costs that we pass along to our customers, and service revenues (see Note 4) related to aggregates.
2	Includes product sales, as well as service revenues (see Note 4) from our asphalt construction paving business.
3	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.
4	Includes assets classified as held for sale (see Note 16).