XML 42 R31.htm IDEA: XBRL DOCUMENT v3.22.2
Business Segments (Tables)
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Financial Data for Continuing Operation for Company's Reportable Business Segments

The following table displays selected financial data for the Company’s reportable segments. Total revenues, as well as the consolidated statements of earnings and comprehensive earnings, exclude intersegment revenues, which represent sales from one segment to another segment and are eliminated in consolidation. Total revenues, product and services revenues, and earnings (loss) from operations reflect continuing operations only. In 2022, earnings from operations for the West Group include nonrecurring gains on divested assets of $151.7 million.

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(Dollars in Millions)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

East Group

 

$

674.5

 

 

$

635.3

 

 

$

1,093.3

 

 

$

1,030.2

 

West Group

 

 

885.5

 

 

 

666.8

 

 

 

1,620.5

 

 

 

1,183.4

 

Total Building Materials business

 

 

1,560.0

 

 

 

1,302.1

 

 

 

2,713.8

 

 

 

2,213.6

 

Magnesia Specialties

 

 

81.7

 

 

 

75.8

 

 

 

158.7

 

 

 

146.7

 

Total

 

$

1,641.7

 

 

$

1,377.9

 

 

$

2,872.5

 

 

$

2,360.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services revenues:

 

 

 

 

 

 

 

 

 

 

 

 

East Group

 

$

632.4

 

 

$

596.5

 

 

$

1,027.0

 

 

$

969.1

 

West Group

 

 

816.8

 

 

 

628.8

 

 

 

1,499.2

 

 

 

1,112.9

 

Total Building Materials business

 

 

1,449.2

 

 

 

1,225.3

 

 

 

2,526.2

 

 

 

2,082.0

 

Magnesia Specialties

 

 

74.6

 

 

 

70.0

 

 

 

145.4

 

 

 

135.2

 

Total

 

$

1,523.8

 

 

$

1,295.3

 

 

$

2,671.6

 

 

$

2,217.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Loss) from operations:

 

 

 

 

 

 

 

 

 

 

 

 

East Group

 

$

210.6

 

 

$

197.8

 

 

$

238.5

 

 

$

259.5

 

West Group

 

 

274.5

 

 

 

101.8

 

 

 

317.6

 

 

 

133.6

 

Total Building Materials business

 

 

485.1

 

 

 

299.6

 

 

 

556.1

 

 

 

393.1

 

Magnesia Specialties

 

 

20.3

 

 

 

23.1

 

 

 

41.8

 

 

 

46.7

 

Corporate

 

 

(26.8

)

 

 

(15.2

)

 

 

(59.5

)

 

 

(33.0

)

Total

 

$

478.6

 

 

$

307.5

 

 

$

538.4

 

 

$

406.8