Variable interest entities (Tables)

3 Months Ended

Mar. 31, 2026

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 companies were:

	March 31	December 31	March 31
in $ millions	2026	2025	2025
Assets
Current assets:
Cash and cash equivalents	30	40	18
Accounts receivable, net	39	42	43
Inventories	79	81	88
Other current assets	35	39	60
Total current assets	183	202	209
Property, plant and equipment, net	760	793	845
Goodwill	182	187	193
Intangible assets, net	–	–	1
Operating lease right-of-use assets, net	4	4	5
Other noncurrent assets	9	9	9
Total assets	1,138	1,195	1,262
Liabilities
Current liabilities:
Accounts payable	103	119	94
Accrued expenses	36	33	43
Current portion of long-term debt	316	13	55
Operating lease liabilities	1	1	1
Other current liabilities	16	21	23
Total current liabilities	472	187	216
Long-term debt	73	377	343
Deferred income tax liabilities	85	89	94
Noncurrent operating lease liabilities	3	3	4
Other noncurrent liabilities	21	21	22
Total liabilities	654	677	679

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 companies were:

	Three months ended
	March 31
in $ millions	2026	2025
Total revenues	74	84
Total cost of revenues	(84)	(80)
Gross (loss) profit	(10)	4
Net loss	(22)	(13)
Net cash used in operating activities	(21)	(18)