Acquisitions (Tables)

9 Months Ended

Sep. 30, 2024

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The provisional amounts for assets acquired, liabilities assumed, and consideration related to the acquisitions at September 30, 2024 were:

in $ millions	Adbri	Hunter	Other acquisitions (i)	Total
Identifiable assets acquired and liabilities assumed
Cash and cash equivalents	15	–	8	23
Accounts receivable, net	158	–	80	238
Inventories	136	70	42	248
Other current assets	4	2	2	8
Property, plant and equipment, net	1,361	1,070	431	2,862
Equity method investments	366	–	–	366
Intangible assets, net	4	2	75	81
Operating lease right-of-use assets, net	18	12	28	58
Accounts payable	17	-	24	41
Accrued expenses	63	6	8	77
Operating lease liabilities	18	12	28	58
Long-term debt	519	–	9	528
Deferred income tax liabilities	208	–	21	229
Other liabilities	172	7	35	214
Total identifiable net assets at fair value	1,065	1,131	541	2,737
Goodwill	244	975	489	1,708
Noncontrolling interests	(507)	–	–	(507)
Total consideration	802	2,106	1,030	3,938
Consideration satisfied by:
Cash payments	802	2,106	968	3,876
Asset exchange	–	–	41	41
Deferred consideration (stated at net present cost)	–	–	10	10
Contingent consideration	–	–	11	11
Total consideration	802	2,106	1,030	3,938
Acquisitions of businesses, net of cash acquired
Cash consideration	802	2,106	968	3,876
Less: cash and cash equivalents acquired	(15)	–	(8)	(23)
Total outflow in the Condensed Consolidated Statements of Cash Flows	787	2,106	960	3,853

(i)    Other acquisitions are aggregated on the basis of individual immateriality.

Schedule of Acquisition-Related Costs

The Company incurred the following acquisition-related costs:

	Three months ended		Nine months ended
	September 30		September 30
in $ millions	2024	2023	2024	2023
Adbri	22	–	22	–
Hunter	1	–	23	–
Other acquisitions	5	4	7	6
Total acquisition-related costs	28	4	52	6

Business Acquisition, Pro Forma Information

The post-acquisition impact of acquisitions completed during the financial period on the Company’s results for the period ended September 30 was:

in $ millions	2024	2023
Revenue	733	114
Net loss attributable to CRH plc (i)	(3)	(7)

(i) Net loss amount excludes acquisition-related costs that arose during the nine months ended September 30, 2024, and September 30, 2023.