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Revenues and Gross Profit
 12 Months Ended
Dec. 31, 2019
Revenues And Gross Profit [Abstract]  
Revenues and Gross Profit

Note Q: Revenues and Gross Profit

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. The Company’s two cold mix asphalt plants have been reclassified from the asphalt and paving product line to the aggregates product line. These operations did not represent a material amount of product revenues and gross profit. Prior year information has been reclassified to conform to the presentation of the Company’s current reportable product lines.  

 

years ended December 31

(in millions)

Total revenues

 

2019

 

 

2018

 

 

2017

 

Building Materials Business:

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

2,756.7

 

 

$

2,365.8

 

 

$

2,145.6

 

Cement

 

 

439.1

 

 

 

387.8

 

 

 

371.2

 

Ready Mixed Concrete

 

 

948.1

 

 

 

963.8

 

 

 

936.0

 

Asphalt and Paving

 

 

294.0

 

 

 

258.6

 

 

 

282.0

 

Less:  Interproduct revenues

 

 

(265.5

)

 

 

(264.2

)

 

 

(264.0

)

Products and services

 

 

4,172.4

 

 

 

3,711.8

 

 

 

3,470.8

 

Freight

 

 

295.4

 

 

 

244.8

 

 

 

224.8

 

Total Building Materials Business

 

 

4,467.8

 

 

 

3,956.6

 

 

 

3,695.6

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

249.9

 

 

 

268.6

 

 

 

252.7

 

Freight

 

 

21.4

 

 

 

19.1

 

 

 

17.3

 

Total Magnesia Specialties

 

 

271.3

 

 

 

287.7

 

 

 

270.0

 

Consolidated total revenues

 

$

4,739.1

 

 

$

4,244.3

 

 

$

3,965.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit (loss)

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials Business:

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

807.9

 

 

$

608.4

 

 

$

602.3

 

Cement

 

 

143.4

 

 

 

126.2

 

 

 

117.0

 

Ready Mixed Concrete

 

 

78.8

 

 

 

74.2

 

 

 

91.6

 

Asphalt and Paving

 

 

50.7

 

 

 

51.3

 

 

 

62.1

 

Products and services

 

 

1,080.8

 

 

 

860.1

 

 

 

873.0

 

Freight

 

 

(0.2

)

 

 

0.2

 

 

 

2.6

 

Total Building Materials Business

 

 

1,080.6

 

 

 

860.3

 

 

 

875.6

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

Products and services

 

 

99.4

 

 

 

102.9

 

 

 

94.1

 

Freight

 

 

(4.0

)

 

 

(4.2

)

 

 

(4.7

)

Total Magnesia Specialties

 

 

95.4

 

 

 

98.7

 

 

 

89.4

 

Corporate

 

 

3.0

 

 

 

7.6

 

 

 

6.9

 

Consolidated gross profit

 

$

1,179.0

 

 

$

966.6

 

 

$

971.9

 

 

Domestic and foreign total revenues are as follows:

 

years ended December 31

(in millions)

 

2019

 

 

2018

 

 

2017

 

Domestic

 

$

4,676.3

 

 

$

4,166.4

 

 

$

3,901.3

 

Foreign

 

 

62.8

 

 

 

77.9

 

 

 

64.3

 

Consolidated total revenues

 

$

4,739.1

 

 

$

4,244.3

 

 

$

3,965.6