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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]    
Total revenues [1] $ 1,649.0 $ 1,540.7
Cost of revenues (1,347.0) (1,271.9)
Gross profit 302.0 268.8
Selling, administrative and general expenses (117.3) (119.0)
Gain on sale of property, plant & equipment and businesses 1.7 2.6
Loss on impairments (0.0) (0.1)
Other operating income (expense), net 0.8 (5.3)
Operating earnings 187.2 147.0
Other nonoperating income, net 1.4 1.5
Interest expense, net (49.0) (35.9)
Earnings from continuing operations before income taxes 139.6 112.6
Income tax expense (16.6) (18.7)
Earnings from continuing operations 123.0 93.9
Loss on discontinued operations, net of tax (2.1) (1.8)
Net earnings 120.9 92.1
Earnings attributable to noncontrolling interest (0.2) (0.3)
Net earnings attributable to Vulcan 120.7 91.8
Other comprehensive income, net of tax    
Amortization of prior cash flow hedge loss 0.4 0.4
Amortization of actuarial loss and prior service cost for benefit plans 1.3 0.7
Other comprehensive income 1.7 1.1
Comprehensive income 122.6 93.2
Comprehensive earnings attributable to noncontrolling interest (0.2) (0.3)
Comprehensive income attributable to Vulcan $ 122.4 $ 92.9
Basic earnings (loss) per share attributable to Vulcan    
Continuing operations $ 0.92 $ 0.70
Discontinued operations (0.01) (0.01)
Net earnings 0.91 0.69
Diluted earnings (loss) per share attributable to Vulcan    
Continuing operations 0.92 0.70
Discontinued operations (0.02) (0.01)
Net earnings $ 0.90 $ 0.69
Weighted-average common shares outstanding    
Basic 133.2 133.0
Assuming dilution 133.7 133.6
Effective tax rate from continuing operations 11.90% 16.60%
[1]

1

The geographic markets are defined by states/countries as follows:

East market - Arkansas, Delaware, Illinois, Kentucky, Maryland, New Jersey, New York, North Carolina, Pennsylvania,
Tennessee, Virginia and Washington D.C.

Gulf Coast market - Alabama, Florida, Georgia, Louisiana, Mississippi, Oklahoma, South Carolina, Texas, U.S. Virgin
Islands, Freeport (Bahamas), Puerto Cortés (Honduras) and Quintana Roo (Mexico)

West market - Arizona, California, Hawaii, New Mexico and British Columbia (Canada)