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Business Combinations and Divestitures (Tables)
6 Months Ended
Jun. 30, 2025
Business Combination [Abstract]  
Summary of Values of Assets Acquired and Liabilities Assumed

The following is a summary of the values of the assets acquired and liabilities assumed as of April 5, 2024 (dollars in millions):

 

Assets:

 

 

 

Inventories

 

$

47

 

Property, plant and equipment 1

 

 

2,052

 

Intangible assets, other than goodwill

 

 

19

 

Other assets

 

 

2

 

Total assets

 

 

2,120

 

Liabilities:

 

 

 

Deferred income taxes

 

 

234

 

Asset retirement obligations

 

 

3

 

Other liabilities

 

 

95

 

Total liabilities

 

 

332

 

Net identifiable assets acquired

 

 

1,788

 

Goodwill

 

 

262

 

Total consideration

 

$

2,050

 

1 Includes mineral reserves of $1.9 billion.

Summary of Unaudited Pro Forma Financial Information The following pro forma financial information is for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place as of January 1, 2023:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2024

 

 

 

(Dollars in Millions)

 

Revenues

 

$

1,764

 

 

$

3,067

 

Net earnings from continuing operations
   attributable to Martin Marietta

 

$

324

 

 

$

1,373