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Business Segments (Tables)
9 Months Ended
Sep. 30, 2021
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 presented on 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.

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(Dollars in Millions)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

East Group

 

$

684.1

 

 

$

549.3

 

 

$

1,714.4

 

 

$

1,465.9

 

West Group

 

 

794.8

 

 

 

711.2

 

 

 

1,978.2

 

 

 

1,904.2

 

Total Building Materials business

 

 

1,478.9

 

 

 

1,260.5

 

 

 

3,692.6

 

 

 

3,370.1

 

Magnesia Specialties

 

 

78.4

 

 

 

60.9

 

 

 

225.0

 

 

 

180.2

 

Total

 

$

1,557.3

 

 

$

1,321.4

 

 

$

3,917.6

 

 

$

3,550.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

East Group

 

$

641.8

 

 

$

514.1

 

 

$

1,610.9

 

 

$

1,371.8

 

West Group

 

 

749.0

 

 

 

671.4

 

 

 

1,861.9

 

 

 

1,785.4

 

Total Building Materials business

 

 

1,390.8

 

 

 

1,185.5

 

 

 

3,472.8

 

 

 

3,157.2

 

Magnesia Specialties

 

 

71.9

 

 

 

55.2

 

 

 

207.1

 

 

 

164.0

 

Total

 

$

1,462.7

 

 

$

1,240.7

 

 

$

3,679.9

 

 

$

3,321.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Loss) from operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

East Group

 

$

205.8

 

 

$

181.4

 

 

$

465.3

 

 

$

386.1

 

West Group

 

 

150.6

 

 

 

212.3

 

 

 

284.2

 

 

 

368.2

 

Total Building Materials business

 

 

356.4

 

 

 

393.7

 

 

 

749.5

 

 

 

754.3

 

Magnesia Specialties

 

 

23.1

 

 

 

16.4

 

 

 

69.8

 

 

 

51.2

 

Corporate

 

 

(22.6

)

 

 

(9.5

)

 

 

(55.6

)

 

 

(40.7

)

Total

 

$

356.9

 

 

$

400.6

 

 

$

763.7

 

 

$

764.8

 

 

 

 

 

September 30, 2021

 

 

December 31, 2020

 

Assets employed:

 

(Dollars in Millions)

 

East Group

 

$

5,075.9

 

 

$

4,342.5

 

West Group

 

 

5,613.4

 

 

 

5,355.5

 

Total Building Materials business

 

 

10,689.3

 

 

 

9,698.0

 

Magnesia Specialties

 

 

169.6

 

 

 

167.9

 

Corporate

 

 

2,927.3

 

 

 

714.9

 

Total

 

$

13,786.2

 

 

$

10,580.8