XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Total revenues $ 1,545.7 $ 1,649.0
Cost of revenues (1,240.8) (1,347.0)
Gross profit 304.9 302.0
Selling, administrative and general expenses (129.7) (117.3)
Gain on sale of property, plant & equipment and businesses 0.6 1.7
Other operating income (expense), net (2.9) 0.8
Operating earnings 172.9 187.2
Other nonoperating income (expense), net (0.3) 1.4
Interest expense, net (39.1) (49.0)
Earnings from continuing operations before income taxes 133.5 139.6
Income tax expense (28.9) (16.6)
Earnings from continuing operations 104.6 123.0
Loss on discontinued operations, net of tax (1.7) (2.1)
Net earnings 102.9 120.9
Earnings attributable to noncontrolling interest (0.2) (0.2)
Net earnings attributable to Vulcan 102.7 120.7
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 1.3
Other comprehensive income 1.7 1.7
Comprehensive income 104.6 122.6
Comprehensive earnings attributable to noncontrolling interest (0.2) (0.2)
Comprehensive income attributable to Vulcan $ 104.4 $ 122.4
Basic earnings (loss) per share attributable to Vulcan    
Continuing operations (in usd per share) $ 0.79 $ 0.92
Discontinued operations (in usd per share) (0.01) (0.01)
Net earnings (in usd per share) 0.78 0.91
Diluted earnings (loss) per share attributable to Vulcan    
Continuing operations (in usd per share) 0.78 0.92
Discontinued operations (in usd per share) (0.01) (0.02)
Net earnings (in usd per share) $ 0.77 $ 0.90
Weighted-average common shares outstanding    
Basic (in shares) 132.4 133.2
Assuming dilution (in shares) 133.1 133.7
Effective tax rate from continuing operations 21.60% 11.90%