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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2023
GOODWILL AND INTANGIBLE ASSETS [Abstract]  
Changes in Carrying Amount of Goodwill by Reportable Segment

in millions

Aggregates

Asphalt

Concrete

Calcium

Total

Goodwill

Totals at December 31, 2021

$      3,316.6 

$         91.6 

$       288.5 

$           0.0 

$      3,696.7 

Goodwill of acquired businesses 1

13.7 

0.0 

30.1 

0.0 

43.8 

Goodwill impairment

0.0 

0.0 

(50.9)

0.0 

(50.9)

Totals at December 31, 2022

$      3,330.3 

$         91.6 

$       267.7 

$           0.0 

$      3,689.6 

Goodwill of acquired businesses 1

(0.1)

0.0 

0.0 

0.0 

(0.1)

Goodwill of divested businesses 1

0.0 

0.0 

(157.8)

0.0 

(157.8)

Totals at December 31, 2023

$      3,330.2 

$         91.6 

$       109.9 

$           0.0 

$      3,531.7 

1

See Note 19 for acquisitions and divestitures.

Gross Carrying Amount and Accumulated Amortization by Major Intangible Asset Class

in millions

2023

2022

Gross Carrying Amount

Contractual rights in place

$       1,592.7 

$      1,771.5 

Permitting, permitting compliance and zoning rights

206.8 

191.1 

Other 1

90.4 

116.5 

Total gross carrying amount

$       1,889.9 

$      2,079.1 

Accumulated Amortization

Contractual rights in place

$         (344.5)

$        (302.9)

Permitting, permitting compliance and zoning rights

(59.5)

(49.0)

Other 1

(25.2)

(25.1)

Total accumulated amortization

$         (429.2)

$        (377.0)

Total Intangible Assets Subject to Amortization, net

$       1,460.7 

$      1,702.1 

Intangible Assets with Indefinite Lives

0.0 

0.0 

Total Intangible Assets, net

1,460.7 

1,702.1 

Amortization Expense for the Year

$            88.1 

$           97.6 

1

Includes noncompetition agreements, patents, customer relationships, tradenames and trademarks.

Estimated Amortization Expense

in millions

Estimated Amortization Expense for Five Subsequent Years 1

2024

$           79.7 

2025

78.4 

2026

73.9 

2027

72.6 

2028

71.0 

 

1

Includes amortization of quarry development assets (including pre-production stripping costs) reported within other noncurrent assets in our accompanying Consolidated Balance Sheets