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EQUITY (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Shares Purchased and Retired
Our common stock purchases (all of which were open market purchases) and subsequent retirements for the year-to-date periods ended are as follows:
in millions, except average costMarch 31
2024
December 31
2023
March 31
2023
Number of shares purchased and retired0.1 1.0 0.0 
Total purchase price 1
$18.8 $200.0 $0.0 
Average cost per share$265.44 $204.52 $0.00 
1The amount paid to purchase shares in excess of the par value and related excise taxes are recorded in retained earnings.
Changes in Total Equity
Changes in total equity are summarized below:
Three Months Ended
March 31
in millions, except per share data20242023
Total Shareholders' Equity
Balance at beginning of period$7,483.4 $6,928.6 
Net earnings attributable to Vulcan102.7 120.7 
Common stock issued
Share-based compensation plans, net of shares withheld for taxes(24.2)(15.1)
Purchase and retirement of common stock(18.8)0.0 
Share-based compensation expense9.1 8.2 
Cash dividends on common stock ($0.46/$0.43 per share, respectively)
(62.0)(57.2)
Other comprehensive income1.7 1.7 
Balance at end of period$7,491.9 $6,986.9 
Noncontrolling Interest
Balance at beginning of period$24.5 $23.6 
Earnings attributable to noncontrolling interest0.2 0.2 
Balance at end of period$24.7 $23.8 
Total Equity
Balance at end of period$7,516.6 $7,010.7