Variable interest entities (Tables)

3 Months Ended

Mar. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Balance Sheet

The carrying amounts of assets and liabilities of the consolidated VIE, reported within the Condensed Consolidated Balance Sheets before intragroup eliminations with other CRH plc companies were:

	March 31	December 31	March 31
in $ millions	2024	2023	2023
Assets
Current assets:
Cash and cash equivalents	29	19	37
Accounts receivable, net	30	31	34
Inventories	106	99	121
Other current assets	54	51	49
Total current assets	219	200	241
Property, plant and equipment, net	897	923	969
Goodwill	196	200	507
Operating lease right-of-use assets, net	5	5	6
Other noncurrent assets	10	11	9
Total assets	1,327	1,339	1,732
Liabilities
Current liabilities:
Accounts payable	95	92	95
Accrued expenses	37	36	43
Current portion of long-term debt	87	98	89
Operating lease liabilities	1	1	1
Other current liabilities	24	25	25
Total current liabilities	244	252	253
Long-term debt	312	297	353
Deferred income tax liabilities	104	106	112
Noncurrent operating lease liabilities	4	5	5
Other noncurrent liabilities	18	17	15
Total liabilities	682	677	738

Condensed Income Statement

The operating results of the consolidated VIE, reported within the Condensed Consolidated Statements of Income and Condensed Consolidated Statements of Cash Flows before intragroup eliminations with other CRH plc companies were:

	Three months ended
	March 31
in $ millions	2024	2023
Total revenues	96	115
Total cost of revenues	(87)	(114)
Gross profit	9	1
Net loss	(9)	(12)
Net cash used in operating activities	(6)	(7)