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Segment information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Summary of Operating Segments Disclosures
The key performance measures and segment expenses for the Company’s reportable segments for the years ended December 31 were:
2024
in $ millionsAmericas Materials SolutionsAmericas Building SolutionsInternational SolutionsTotal
Revenue 16,1737,05912,34035,572
Less:
   Labor3,4931,4472,3897,329
   Energy costs 7431219831,847
   Other segment items (i)8,1924,1027,17219,466
Adjusted EBITDA3,7451,3891,7966,930

2023
in $ millionsAmericas Materials SolutionsAmericas Building SolutionsInternational SolutionsTotal
Revenue 15,4357,01712,49734,949
Less:
   Labor3,2741,3062,2646,844
   Energy costs8051221,3142,241
   Other segment items (i)8,2974,1477,24419,688
Adjusted EBITDA3,0591,4421,6756,176

2022
in $ millionsAmericas Materials SolutionsAmericas Building SolutionsInternational SolutionsTotal
Revenue 14,3246,18812,21132,723
Less:
   Labor3,0091,0972,1196,225
   Energy costs8771211,2672,265
   Other segment items (i)7,8003,7517,29418,845
Adjusted EBITDA2,6381,2191,5315,388
(i)    The nature of other segment items is similar for each segment and primarily includes raw materials, haulage costs, subcontractor costs and other Selling, general and administrative expenses. As a result of our integrated building solutions model, the composition of other segment items is such that at a segment level none of these items is individually significant in determining segment performance.
in $ millions202420232022
Adjusted EBITDA6,9306,1765,388
Depreciation, depletion and amortization(1,798)(1,633)(1,552)
Loss on impairments (i)(161)(357)
Interest income14320665
Interest expense(612)(376)(344)
Gain (loss) on divestitures and unrealized gains on investments (ii)250(99)
Pension income excluding current service cost component (ii)7330
Other interest, net (ii)1(5)
Substantial acquisition-related costs(46)(27)
Income from continuing operations before income tax expense and income from equity method investments4,7144,0143,461
(i)    The total Loss on impairments comprised of $161 million and $295 million within International Solutions for the years ended December 31, 2024 and 2023, respectively and $62 million within Americas Materials Solutions for the year ended December 31, 2023.
(ii)    Gain (loss) on divestitures and unrealized gains on investments, pension income excluding current service cost component and other interest, net have been included in Other nonoperating income (expense), net in the Consolidated Statements of Income.

Depreciation, depletion and amortization for each of the segments for the years ended December 31 were:
in $ millions202420232022
Depreciation, depletion and amortization
Americas Materials Solutions846781777
Americas Building Solutions337299236
International Solutions615553539
Total depreciation, depletion and amortization1,7981,6331,552

The Gain (loss) on divestitures and unrealized gains on investments for each of the segments for the years ended December 31 were:
in $ millions202420232022
Gain (loss) on divestitures and unrealized gains on investments
Americas Building Solutions1
International Solutions249(99)
Total gain (loss) on divestitures and unrealized gains on investments250(99)

The segment assets at December 31 were:
in $ millions202420232022
Assets
Americas Materials Solutions21,47417,53417,615
Americas Building Solutions9,0497,9617,749
International Solutions15,01113,37313,140
Total assets for reportable segments45,53438,86838,504
Cash and cash equivalents3,7206,3415,936
Restricted cash39
Other current assets, excluding segment assets446193134
Equity method investments737620649
Assets held for sale1,268
Other noncurrent assets, excluding segment assets13717996
Total assets as reported in the Consolidated Balance Sheets50,61347,46945,319
The segment liabilities at December 31 were:
in $ millions202420232022
Liabilities
Americas Materials Solutions3,1543,3492,908
Americas Building Solutions1,7691,7701,567
International Solutions4,8485,0504,408
Total liabilities for reportable segments9,77110,1698,883
Other current liabilities, excluding segment liabilities163156193
Total debt13,96811,6429,636
Deferred income tax liabilities3,1052,7382,885
Liabilities held for sale375
Other noncurrent liabilities, excluding segment liabilities756768682
Total liabilities as reported in the Consolidated Balance Sheets27,76325,84822,279

Additions to property, plant and equipment and intangible assets for each of the segments for the years ended December 31 were:
in $ millions202420232022
Property, plant and equipment and intangible asset additions (i)
Americas Materials Solutions1,151854715
Americas Building Solutions480360259
International Solutions1,074664559
Total property, plant and equipment and intangible asset additions2,7051,8781,533
(i)     Property, plant and equipment and intangible asset additions exclude asset retirement cost additions.
Long-Lived Assets by Geographic Areas
Long-lived assets by geographic area at December 31 were:
in $ millions202420232022
Long-lived assets by geographical area (i)
United Kingdom1,8191,7861,691
United States13,50410,82110,916
Other7,4036,5266,336
Total long-lived assets by geographical area22,72619,13318,943
(i)     Long-lived assets comprise property, plant and equipment and operating lease right-of-use assets.