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Business Segments (Tables)
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Financial Data for Continuing Operation for Company's Reportable Business Segments

The following table displays selected financial data for the Company’s reportable segments. Total revenues, as presented on the consolidated statements of earnings and comprehensive earnings, exclude intersegment revenues, which represent sales from one segment to another segment and are eliminated in consolidation.

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(Dollars in Millions)

 

Total revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

East Group

 

$

635.3

 

 

$

534.5

 

 

$

1,030.2

 

 

$

916.5

 

West Group

 

 

666.8

 

 

 

682.5

 

 

 

1,183.4

 

 

 

1,193.1

 

Total Building Materials business

 

 

1,302.1

 

 

 

1,217.0

 

 

 

2,213.6

 

 

 

2,109.6

 

Magnesia Specialties

 

 

75.8

 

 

 

53.6

 

 

 

146.7

 

 

 

119.3

 

Total

 

$

1,377.9

 

 

$

1,270.6

 

 

$

2,360.3

 

 

$

2,228.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Products and services revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

East Group

 

$

596.5

 

 

$

499.7

 

 

$

969.1

 

 

$

857.6

 

West Group

 

 

628.8

 

 

 

640.9

 

 

 

1,112.9

 

 

 

1,114.1

 

Total Building Materials business

 

 

1,225.3

 

 

 

1,140.6

 

 

 

2,082.0

 

 

 

1,971.7

 

Magnesia Specialties

 

 

70.0

 

 

 

48.9

 

 

 

135.2

 

 

 

108.8

 

Total

 

$

1,295.3

 

 

$

1,189.5

 

 

$

2,217.2

 

 

$

2,080.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Loss) from operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

East Group

 

$

197.8

 

 

$

169.9

 

 

$

259.5

 

 

$

204.7

 

West Group

 

 

101.8

 

 

 

133.2

 

 

 

133.6

 

 

 

155.9

 

Total Building Materials business

 

 

299.6

 

 

 

303.1

 

 

 

393.1

 

 

 

360.6

 

Magnesia Specialties

 

 

23.1

 

 

 

13.2

 

 

 

46.7

 

 

 

34.9

 

Corporate

 

 

(15.2

)

 

 

(9.9

)

 

 

(33.0

)

 

 

(31.3

)

Total

 

$

307.5

 

 

$

306.4

 

 

$

406.8

 

 

$

364.2

 

 

 

 

 

 

June 30, 2021

 

 

December 31, 2020

 

Assets employed:

 

(Dollars in Millions)

 

East Group

 

$

5,110.4

 

 

$

4,342.5

 

West Group

 

 

5,395.9

 

 

 

5,355.5

 

Total Building Materials business

 

 

10,506.3

 

 

 

9,698.0

 

Magnesia Specialties

 

 

168.3

 

 

 

167.9

 

Corporate

 

 

548.5

 

 

 

714.9

 

Total

 

$

11,223.1

 

 

$

10,580.8