XML 12 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Earnings and Comprehensive Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues $ 1,764 $ 1,821 $ 3,015 $ 3,175
Cost of revenues 1,247 1,261 2,225 2,312
Gross Profit 517 560 790 863
Selling, general and administrative expenses 117 112 236 216
Acquisition, divestiture and integration expenses 21 0 41 1
Other operating income, net (19) (15) (1,306) (13)
Earnings from Operations 398 463 1,819 659
Interest expense 40 42 80 84
Other nonoperating income, net (14) (19) (46) (35)
Earnings from continuing operations before income tax expense 372 440 1,785 610
Income tax expense 78 92 445 128
Earnings from continuing operations 294 348 1,340 482
Earnings (Loss) from discontinued operations, net of income tax expense (benefit) 0 1 0 (12)
Consolidated net earnings 294 349 1,340 470
Less: Net earnings attributable to noncontrolling interests 0 1 1 1
Net Earnings Attributable to Martin Marietta 294 348 1,339 469
Consolidated Comprehensive Earnings (Loss) :        
Earnings attributable to Martin Marietta 295 350 1,340 472
Earnings attributable to noncontrolling interests 0 1 1 1
Consolidated comprehensive earnings $ 295 $ 351 $ 1,341 $ 473
Net Earnings (Loss) Attributable to Martin Marietta Per Common Share:        
Basic earnings per share from continuing operations attributable to common shareholders $ 4.77 $ 5.61 $ 21.72 $ 7.78
Basic earnings (loss) per share from discontinued operations attributable to common shareholders 0 0.01 0 (0.2)
Basic attributable to common shareholders 4.77 5.62 21.72 7.58
Diluted earnings per share from continuing operations attributable to common shareholders 4.76 5.6 21.66 7.76
Diluted earnings (loss) per share from discontinued operations attributable to common shareholders 0 0.01 0 (0.2)
Diluted attributable to common shareholders $ 4.76 $ 5.61 $ 21.66 $ 7.56
Weighted-Average Common Shares Outstanding:        
Basic 61.5 61.9 61.6 62.0
Diluted 61.6 62.1 61.8 62.2