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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill by Reportable Segment Changes in the carrying amount of goodwill by reportable segment for the three years ended December 31 are shown below:
in millionsAggregatesAsphaltConcreteTotal
Goodwill at December 31, 2023$3,330.2 $91.6 $109.9 $3,531.7 
Goodwill of acquired businesses 1
343.0 0.0 0.0 343.0 
Goodwill impairment0.0 0.0 (86.6)(86.6)
Goodwill at December 31, 2024$3,673.2 $91.6 $23.3 $3,788.1 
Goodwill of acquired businesses 1
(6.6)0.0 0.0 (6.6)
Goodwill of divested businesses 1
(0.6)0.0 0.0 (0.6)
Goodwill at December 31, 2025$3,666.0 $91.6 $23.3 $3,780.9 
1.See Note 19 for acquisitions and divestitures.
Schedule of Gross Carrying Amount and Accumulated Amortization by Major Intangible Asset Class
The gross carrying amount and accumulated amortization by major intangible asset class for the years ended December 31 (excluding assets classified as held for sale as detailed in Note 19) are summarized below:
in millions20252024
Gross Carrying Amount
Contractual rights in place $1,454.1 $1,899.0 
Permitting, permitting compliance and zoning rights232.8 221.3 
Other 1, 2
315.4 294.4 
Total gross carrying amount$2,002.3 $2,414.7 
Accumulated Amortization
Contractual rights in place $(387.1)$(407.0)
Permitting, permitting compliance and zoning rights(74.6)(70.4)
Other 1, 2
(51.6)(54.3)
Total accumulated amortization$(513.3)$(531.7)
Total Intangible Assets Subject to Amortization, net$1,489.0 $1,883.0 
Intangible Assets with Indefinite Lives0.0 0.0 
Total Intangible Assets, net$1,489.0 $1,883.0 
Amortization Expense for the Year$89.0 $83.9 
1.Includes quarry development, noncompetition agreements, patents, customer relationships, trade names and trademarks.
2.Capitalized quarry development costs of $168.3 million at December 31, 2024 were reclassified from Other noncurrent assets to Other intangible assets, net in our Consolidated Balance Sheet to conform to our current presentation.
Schedule of Estimated Amortization Expense
Estimated amortization expense for the five years subsequent to December 31, 2025 is as follows:
in millions
Estimated Amortization Expense for Five Subsequent Years
2026$58.0 
202756.4 
202854.7 
202952.5 
203050.0