Variable interest entities (Tables)

6 Months Ended

Jun. 30, 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:

	June 30	December 31	June 30
in $ millions	2024	2023	2023
Assets
Current assets:
Cash and cash equivalents	34	19	39
Accounts receivable, net	38	31	32
Inventories	98	99	114
Other current assets	52	51	46
Total current assets	222	200	231
Property, plant and equipment, net	852	923	946
Goodwill	188	200	500
Operating lease right-of-use assets, net	5	5	6
Other noncurrent assets	10	11	10
Total assets	1,277	1,339	1,693
Liabilities
Current liabilities:
Accounts payable	94	92	88
Accrued expenses	36	36	47
Current portion of long-term debt	82	98	74
Operating lease liabilities	1	1	1
Other current liabilities	25	25	25
Total current liabilities	238	252	235
Long-term debt	303	297	348
Deferred income tax liabilities	95	106	109
Noncurrent operating lease liabilities	4	5	5
Other noncurrent liabilities	18	17	15
Total liabilities	658	677	712

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		Six months ended
	June 30		June 30
in $ millions	2024	2023	2024	2023
Total revenues	98	122	194	237
Total cost of revenues	(89)	(113)	(176)	(227)
Gross profit	9	9	18	10
Net loss	(3)	(6)	(12)	(18)
Net cash (used in) provided by operating activities			(2)	6