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Revenues and Gross Profit
9 Months Ended
Sep. 30, 2022
Revenues And Gross Profit [Abstract]  
Revenues and Gross Profit

12. Revenues and Gross Profit

The Building Materials business includes the aggregates, cement, ready mixed concrete and asphalt and paving product lines. Cement and ready mixed concrete product lines and paving services reside only in the West Group. The following table, which is reconciled to consolidated amounts, provides total revenues and gross profit (loss) by product line and reflects continuing operations only.

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(Dollars in Millions)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials business:

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

1,015.7

 

 

$

857.1

 

 

$

2,656.8

 

 

$

2,231.5

 

Cement

 

 

163.2

 

 

 

132.3

 

 

 

455.4

 

 

 

358.4

 

Ready mixed concrete

 

 

227.4

 

 

 

320.8

 

 

 

743.6

 

 

 

824.5

 

Asphalt and paving services

 

 

309.8

 

 

 

195.9

 

 

 

576.9

 

 

 

343.5

 

Less: interproduct revenues

 

 

(104.6

)

 

 

(115.3

)

 

 

(295.0

)

 

 

(285.1

)

Products and services

 

 

1,611.5

 

 

 

1,390.8

 

 

 

4,137.7

 

 

 

3,472.8

 

Freight

 

 

124.5

 

 

 

88.1

 

 

 

312.1

 

 

 

219.8

 

Total Building Materials business

 

 

1,736.0

 

 

 

1,478.9

 

 

 

4,449.8

 

 

 

3,692.6

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

Products

 

 

69.0

 

 

 

71.9

 

 

 

214.4

 

 

 

207.1

 

Freight

 

 

6.7

 

 

 

6.5

 

 

 

20.0

 

 

 

17.9

 

Total Magnesia Specialties

 

 

75.7

 

 

 

78.4

 

 

 

234.4

 

 

 

225.0

 

Total

 

$

1,811.7

 

 

$

1,557.3

 

 

$

4,684.2

 

 

$

3,917.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit (loss):

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials business:

 

 

 

 

 

 

 

 

 

 

 

 

Products and services:

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

330.3

 

 

$

292.9

 

 

$

741.2

 

 

$

687.7

 

Cement

 

 

67.7

 

 

 

49.9

 

 

 

146.1

 

 

 

101.3

 

Ready mixed concrete

 

 

18.7

 

 

 

31.4

 

 

 

54.1

 

 

 

69.9

 

Asphalt and paving services

 

 

50.5

 

 

 

38.9

 

 

 

63.6

 

 

 

59.4

 

Products and services

 

 

467.2

 

 

 

413.1

 

 

 

1,005.0

 

 

 

918.3

 

Freight

 

 

2.1

 

 

 

1.3

 

 

 

1.7

 

 

 

1.7

 

Total Building Materials business

 

 

469.3

 

 

 

414.4

 

 

 

1,006.7

 

 

 

920.0

 

Magnesia Specialties:

 

 

 

 

 

 

 

 

 

 

 

 

Products

 

 

21.6

 

 

 

28.1

 

 

 

74.3

 

 

 

84.4

 

Freight

 

 

(1.0

)

 

 

(1.1

)

 

 

(3.4

)

 

 

(3.0

)

Total Magnesia Specialties

 

 

20.6

 

 

 

27.0

 

 

 

70.9

 

 

 

81.4

 

Corporate

 

 

(2.1

)

 

 

0.5

 

 

 

(8.5

)

 

 

0.3

 

Total

 

$

487.8

 

 

$

441.9

 

 

$

1,069.1

 

 

$

1,001.7