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Revenues and Gross Profit (Tables)
12 Months Ended
Dec. 31, 2022
Revenues And Gross Profit [Abstract]  
Total Revenues and Gross Profit (loss) by Product Line

The following tables, which are reconciled to consolidated amounts, provide total revenues and gross profit by line of business: Building Materials (further divided by product line) and Magnesia Specialties. Interproduct revenues represent sales from the

aggregates product line to the ready mixed concrete and asphalt and paving product lines and sales from the cement product line to the ready mixed concrete product line. Total revenues and gross profit (loss) reflect continuing operations only.

 

years ended December 31
(in millions)
Total revenues

 

2022

 

 

2021

 

 

2020

 

Building Materials business:

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

Aggregates

 

$

3,506.0

 

 

$

3,058.5

 

 

$

2,769.3

 

Cement

 

 

602.3

 

 

 

494.5

 

 

 

452.5

 

Ready mixed concrete

 

 

951.3

 

 

 

1,145.8

 

 

 

952.1

 

Asphalt and paving

 

 

775.4

 

 

 

514.2

 

 

 

331.7

 

Less: interproduct revenues

 

 

(382.5

)

 

 

(403.0

)

 

 

(294.4

)

Products and services

 

 

5,452.5

 

 

 

4,810.0

 

 

 

4,211.2

 

Freight

 

 

404.2

 

 

 

305.3

 

 

 

276.0

 

Total Building Materials business

 

 

5,856.7

 

 

 

5,115.3

 

 

 

4,487.2

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

Products and services

 

 

278.0

 

 

 

274.7

 

 

 

220.9

 

Freight

 

 

26.0

 

 

 

24.0

 

 

 

21.8

 

Total Magnesia Specialties

 

 

304.0

 

 

 

298.7

 

 

 

242.7

 

Consolidated total revenues

 

$

6,160.7

 

 

$

5,414.0

 

 

$

4,729.9

 

 

 

 

 

 

 

 

 

 

 

Gross profit (loss)

 

 

 

 

 

 

 

 

 

Building Materials business:

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

Aggregates

 

$

980.3

 

 

$

904.8

 

 

$

848.5

 

Cement

 

 

204.4

 

 

 

157.0

 

 

 

170.9

 

Ready mixed concrete

 

 

69.6

 

 

 

95.6

 

 

 

79.6

 

Asphalt and paving

 

 

81.9

 

 

 

79.2

 

 

 

60.4

 

Products and services

 

 

1,336.2

 

 

 

1,236.6

 

 

 

1,159.4

 

Freight

 

 

2.0

 

 

 

3.3

 

 

 

0.4

 

Total Building Materials business

 

 

1,338.2

 

 

 

1,239.9

 

 

 

1,159.8

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

Products and services

 

 

95.5

 

 

 

110.4

 

 

 

89.6

 

Freight

 

 

(4.6

)

 

 

(3.9

)

 

 

(4.1

)

Total Magnesia Specialties

 

 

90.9

 

 

 

106.5

 

 

 

85.5

 

Corporate

 

 

(5.8

)

 

 

2.0

 

 

 

7.5

 

Consolidated gross profit

 

$

1,423.3

 

 

$

1,348.4

 

 

$

1,252.8

 

Domestic and Foreign Total Revenues

Domestic and foreign total revenues are as follows:

 

years ended December 31
(in millions)

 

2022

 

 

2021

 

 

2020

 

Domestic

 

$

6,077.6

 

 

$

5,338.5

 

 

$

4,674.4

 

Foreign

 

 

83.1

 

 

 

75.5

 

 

 

55.5

 

Consolidated total revenues

 

$

6,160.7

 

 

$

5,414.0

 

 

$

4,729.9