2023 Q3 Form 10-Q Financial Statement

#000139600923000035 Filed on August 04, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $2.186B $2.113B $1.954B
YoY Change 4.67% 8.12% 43.59%
Cost Of Revenue $1.595B $1.530B $1.508B
YoY Change -0.04% 1.43% 56.67%
Gross Profit $591.0M $583.3M $446.2M
YoY Change 19.9% 30.73% 12.0%
Gross Profit Margin 27.04% 27.61% 22.83%
Selling, General & Admin $143.9M $139.1M $134.4M
YoY Change 6.36% 3.5% 33.47%
% of Gross Profit 24.35% 23.85% 30.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $161.1M $154.9M $143.0M
YoY Change 6.69% 8.32% 38.7%
% of Gross Profit 27.26% 26.56% 32.05%
Operating Expenses $143.9M $148.9M $134.4M
YoY Change 6.36% 10.79% 33.47%
Operating Profit $418.9M $434.4M $307.6M
YoY Change 37.16% 41.22% 6.99%
Interest Expense -$46.60M -$46.70M -$38.70M
YoY Change 1.08% 20.67% -7.19%
% of Operating Profit -11.12% -10.75% -12.58%
Other Income/Expense, Net -$6.400M -$100.0K -$4.700M
YoY Change -592.31% -97.87% -156.63%
Pretax Income $365.9M $404.3M $264.2M
YoY Change 40.41% 53.03% 3.97%
Income Tax $85.80M $92.00M $63.70M
% Of Pretax Income 23.45% 22.76% 24.11%
Net Earnings $276.5M $308.6M $187.3M
YoY Change 56.13% 64.76% -4.1%
Net Earnings / Revenue 12.65% 14.61% 9.58%
Basic Earnings Per Share $2.08 $2.32 $1.41
Diluted Earnings Per Share $2.07 $2.30 $1.40
COMMON SHARES
Basic Shares Outstanding 132.9M 133.1M 133.0M
Diluted Shares Outstanding 133.7M 133.8M 133.5M

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $340.0M $166.0M $120.7M
YoY Change 177.78% 37.53% -85.93%
Cash & Equivalents $340.0M $166.0M $120.7M
Short-Term Investments
Other Short-Term Assets $106.0M $122.7M $140.0M
YoY Change -24.72% -12.36% 48.15%
Inventory $570.6M $594.6M $524.2M
Prepaid Expenses
Receivables $1.185B $1.160B $1.112B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.701B $2.044B $1.900B
YoY Change 15.76% 7.59% -13.67%
LONG-TERM ASSETS
Property, Plant & Equipment $6.112B $6.664B $5.743B
YoY Change 2.12% 16.04% 31.57%
Goodwill $3.532B $3.690B $3.742B
YoY Change -4.66% -1.41% 17.98%
Intangibles
YoY Change
Long-Term Investments $31.20M $31.20M $33.10M
YoY Change -5.74% -5.74% -3.4%
Other Assets $251.1M $251.9M $294.7M
YoY Change -9.35% -14.52% 27.52%
Total Long-Term Assets $11.92B $12.29B $12.28B
YoY Change -2.96% 0.06% 31.07%
TOTAL ASSETS
Total Short-Term Assets $2.701B $2.044B $1.900B
Total Long-Term Assets $11.92B $12.29B $12.28B
Total Assets $14.62B $14.33B $14.18B
YoY Change 0.03% 1.07% 22.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $412.8M $402.1M $441.0M
YoY Change -14.75% -8.82% 46.95%
Accrued Expenses $48.20M $47.30M $50.80M
YoY Change -7.13% -6.89% 38.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $176.0M
YoY Change -100.0% -100.0%
Long-Term Debt Due $500.0K $20.50M $500.0K
YoY Change 0.0% 4000.0% -96.75%
Total Short-Term Liabilities $864.2M $793.3M $1.029B
YoY Change -36.57% -22.93% 71.78%
LONG-TERM LIABILITIES
Long-Term Debt $3.874B $3.900B $3.874B
YoY Change 0.0% 0.67% 39.85%
Other Long-Term Liabilities $685.1M $1.345B $689.2M
YoY Change -4.28% 95.1% 25.95%
Total Long-Term Liabilities $4.559B $5.244B $4.563B
YoY Change -0.66% 14.93% 37.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $864.2M $793.3M $1.029B
Total Long-Term Liabilities $4.559B $5.244B $4.563B
Total Liabilities $7.155B $7.131B $7.437B
YoY Change -7.52% -4.12% 40.91%
SHAREHOLDERS EQUITY
Retained Earnings $4.595B $4.376B $3.921B
YoY Change 13.59% 11.59% 11.03%
Common Stock $2.995B $2.978B $2.950B
YoY Change 1.2% 0.95% 0.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.441B $7.203B $6.721B
YoY Change
Total Liabilities & Shareholders Equity $14.62B $14.33B $14.18B
YoY Change 0.03% 1.07% 22.56%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income $276.5M $308.6M $187.3M
YoY Change 56.13% 64.76% -4.1%
Depreciation, Depletion And Amortization $161.1M $154.9M $143.0M
YoY Change 6.69% 8.32% 38.7%
Cash From Operating Activities $547.7M $286.2M $149.9M
YoY Change 29.54% 90.93% -34.42%
INVESTING ACTIVITIES
Capital Expenditures $311.7M $161.0M -$130.2M
YoY Change -295.06% -223.66% 42.24%
Acquisitions
YoY Change
Other Investing Activities $5.700M $19.50M -$36.00M
YoY Change -101.83% -154.17% -944.67%
Cash From Investing Activities -$306.0M -$141.5M -$166.2M
YoY Change -35.17% -14.86% 90.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -64.90M -116.5M 7.000M
YoY Change -189.64% -1764.29% -110.97%
NET CHANGE
Cash From Operating Activities 547.7M 286.2M 149.9M
Cash From Investing Activities -306.0M -141.5M -166.2M
Cash From Financing Activities -64.90M -116.5M 7.000M
Net Change In Cash 176.8M 28.20M -9.300M
YoY Change 662.07% -403.23% -112.02%
FREE CASH FLOW
Cash From Operating Activities $547.7M $286.2M $149.9M
Capital Expenditures $311.7M $161.0M -$130.2M
Free Cash Flow $236.0M $125.2M $280.1M
YoY Change -59.49% -55.3% -12.5%

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CY2022Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2023Q2 us-gaap Earnings Per Share Diluted
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CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Short Term Debt
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Depreciation Depletion And Amortization
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us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
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us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
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us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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us-gaap Pension Contributions
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us-gaap Pension Contributions
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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vmc Deferred Income Tax Expense Benefit Including Discontinued Operations
DeferredIncomeTaxExpenseBenefitIncludingDiscontinuedOperations
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vmc Deferred Income Tax Expense Benefit Including Discontinued Operations
DeferredIncomeTaxExpenseBenefitIncludingDiscontinuedOperations
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us-gaap Increase Decrease In Operating Capital
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us-gaap Increase Decrease In Operating Capital
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Divestiture Of Businesses
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us-gaap Proceeds From Divestiture Of Businesses
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Short Term Debt
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us-gaap Repayments Of Short Term Debt
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us-gaap Repayments Of Short Term Debt
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us-gaap Repayments Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
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us-gaap Finance Lease Principal Payments
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Nature Of Operations
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<span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 9pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">NATURE OF OPERATIONS</span><p dir="ltr" style="font-family: 'Arial', 'sans-serif';font-size: 2pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; color: black;font-size: 2pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Arial', 'sans-serif';font-size: 8.5pt;line-height: 12.0pt;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 8.5pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Vulcan Materials Company (the “Company,” “Vulcan,” “we,” “our”), a </span><span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 8.5pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">New Jersey</span><span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 8.5pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> corporation, is the nation’s largest supplier of construction aggregates (primarily crushed stone, sand and gravel), a major producer of asphalt mix and ready-mixed concrete, and a supplier of construction paving services.</span></p><p dir="ltr" style="font-family: 'Arial', 'sans-serif';font-size: 6pt;line-height: 6.0pt;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; color: black;font-size: 6pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Arial', 'sans-serif';font-size: 8.5pt;line-height: 12.0pt;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;"><span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 8.5pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">We operate primarily in the United States, and our principal product — aggregates — is used in virtually all types of public and private construction projects and in the production of asphalt mix and ready-mixed concrete. We serve aggregates markets in </span><span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 8.5pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">twenty-two</span><span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 8.5pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> states,</span><span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 8.5pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> the U.S. Virgin Islands,</span><span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 8.5pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> Washington</span><span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 8.5pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> D.C., and the local markets surrounding our operations in Freeport, Bahamas; British Columbia, Canada; Puerto Cortés, Honduras; and Quintana Roo, Mexico (see Note 8, NAFTA Arbitration). Our primary focus is serving metropolitan markets in the United States that are expected to experience the most significant growth in population, households and employment. These </span><span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 8.5pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">three</span><span style="white-space:pre-wrap; color: black;font-family: 'Arial', 'sans-serif';font-size: 8.5pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> demographic factors are significant drivers of demand for aggregates. While aggregates is our focus and primary business, we produce and sell asphalt mix and/or ready-mixed concrete in our Alabama, Arizona, California, Maryland, New Mexico, Oklahoma, Tennessee, Texas, Virginia, U.S. Virgin Islands and Washington D.C. markets.</span></p>
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NJ
CY2023Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
22
vmc Number Of Demographic Factors
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CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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133200000
us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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CY2023Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-5800000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-14900000
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000
CY2023Q2 vmc Incremental Common Shares Attributable To Other Stock Compensation Plans
IncrementalCommonSharesAttributableToOtherStockCompensationPlans
400000
CY2022Q2 vmc Incremental Common Shares Attributable To Other Stock Compensation Plans
IncrementalCommonSharesAttributableToOtherStockCompensationPlans
300000
vmc Incremental Common Shares Attributable To Other Stock Compensation Plans
IncrementalCommonSharesAttributableToOtherStockCompensationPlans
300000
vmc Incremental Common Shares Attributable To Other Stock Compensation Plans
IncrementalCommonSharesAttributableToOtherStockCompensationPlans
400000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133800000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133500000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133700000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133600000
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000
CY2023Q2 vmc Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
669500000
CY2022Q4 vmc Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
665400000
CY2022Q2 vmc Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
780000000.0
CY2023Q2 vmc Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
111100000
CY2022Q4 vmc Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
92800000
CY2022Q2 vmc Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
87400000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
558400000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
572600000
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
692600000
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
91600000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
93200000
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
117000000.0
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
19900000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
14900000
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
9900000
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
71700000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
78300000
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
107100000
CY2023Q2 vmc Lease Assets
LeaseAssets
630100000
CY2022Q4 vmc Lease Assets
LeaseAssets
650900000
CY2022Q2 vmc Lease Assets
LeaseAssets
799700000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
47300000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
48100000
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
50800000
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
20000000.0
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
22300000
CY2022Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
30100000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
537500000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
548400000
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
645100000
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
26300000
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
34800000
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
48900000
CY2023Q2 vmc Lease Liability
LeaseLiability
631100000
CY2022Q4 vmc Lease Liability
LeaseLiability
653600000
CY2022Q2 vmc Lease Liability
LeaseLiability
774900000
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P19Y6M
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P19Y8M12D
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P20Y3M18D
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y7M6D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y2M12D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.039
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.037
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.019
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.018
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.014
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3400000
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
4300000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6800000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
8700000
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000
CY2022Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
400000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
500000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
700000
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
19800000
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
20900000
us-gaap Operating Lease Cost
OperatingLeaseCost
39100000
us-gaap Operating Lease Cost
OperatingLeaseCost
43900000
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
12000000.0
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
10200000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
23700000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
20500000
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
5000000.0
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
2400000
us-gaap Variable Lease Cost
VariableLeaseCost
10100000
us-gaap Variable Lease Cost
VariableLeaseCost
4200000
CY2023Q2 us-gaap Sublease Income
SubleaseIncome
1100000
CY2022Q2 us-gaap Sublease Income
SubleaseIncome
800000
us-gaap Sublease Income
SubleaseIncome
1800000
us-gaap Sublease Income
SubleaseIncome
1600000
CY2023Q2 us-gaap Lease Cost
LeaseCost
39300000
CY2022Q2 us-gaap Lease Cost
LeaseCost
37400000
us-gaap Lease Cost
LeaseCost
78400000
us-gaap Lease Cost
LeaseCost
76400000
us-gaap Operating Lease Payments
OperatingLeasePayments
36600000
us-gaap Operating Lease Payments
OperatingLeasePayments
40800000
vmc Total Cash Paid For Finance Leases
TotalCashPaidForFinanceLeases
12100000
vmc Total Cash Paid For Finance Leases
TotalCashPaidForFinanceLeases
19400000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
92000000.0
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
63700000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
108600000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
82400000
vmc Income Tax Benefit Recognition Threshold More Likely Than Not
IncomeTaxBenefitRecognitionThresholdMoreLikelyThanNot
0.50
CY2023Q2 us-gaap Revenues
Revenues
2112900000
CY2022Q2 us-gaap Revenues
Revenues
1954300000
us-gaap Revenues
Revenues
3761800000
us-gaap Revenues
Revenues
3495000000.0
CY2023Q2 us-gaap Revenues
Revenues
2112900000
CY2022Q2 us-gaap Revenues
Revenues
1954300000
us-gaap Revenues
Revenues
3761800000
us-gaap Revenues
Revenues
3495000000.0
vmc Proceeds From Sale Of Future Production
ProceedsFromSaleOfFutureProduction
226900000
vmc Number Of Quarries
NumberOfQuarries
8
vmc Term Of Vpps
TermOfVpps
P20Y
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
159800000
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
168100000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
161800000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
170100000
CY2023Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2400000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
3875700000
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
3874200000
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2200000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4400000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4200000
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
157400000
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
165900000
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
157400000
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
165900000
vmc Number Of Rabbi Trusts Established
NumberOfRabbiTrustsEstablished
2
us-gaap Gain Loss On Investments
GainLossOnInvestments
2000000.0
us-gaap Gain Loss On Investments
GainLossOnInvestments
-6100000
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
2100000
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-6300000
CY2023Q2 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-20200000
CY2023Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
0.0
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
100000000.0
CY2022Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
176000000.0
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3941600000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3941900000
CY2022Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3941900000
CY2023Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
65900000
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
66200000
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
67700000
CY2023Q2 vmc Debt Instrument Fair Value Adjustments
DebtInstrumentFairValueAdjustments
-2000000.0
CY2022Q4 vmc Debt Instrument Fair Value Adjustments
DebtInstrumentFairValueAdjustments
0.0
CY2022Q2 vmc Debt Instrument Fair Value Adjustments
DebtInstrumentFairValueAdjustments
0.0
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
3873700000
CY2023Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
311900000
CY2022Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
319700000
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
311300000
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
315200000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3873200000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3875200000
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3873700000
CY2023Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3715000000.0
CY2022Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3671900000
CY2022Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3792500000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3700000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2400000
CY2022Q3 us-gaap Commercial Paper
CommercialPaper
1600000000.0
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3941600000
CY2023Q1 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
546600000
CY2023Q2 vmc Lease Liability
LeaseLiability
631100000
CY2023Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
311600000
CY2023Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
41100000
CY2022Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
36900000
CY2022Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
34700000
CY2017Q3 vmc Number Of Groundwater Extraction Wells
NumberOfGroundwaterExtractionWells
2
us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
0
CY2023Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3400000
CY2022Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3600000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
6900000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
7100000
CY2023Q2 vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
2200000
CY2022Q2 vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
2400000
vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
4300000
vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
4800000
CY2023Q2 us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
5600000
CY2022Q2 us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
6000000.0
us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
11200000
us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
11900000
CY2023Q2 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0.0
CY2022Q2 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0.0
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0.0
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
2300000
CY2023Q2 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
3700000
CY2022Q2 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
2000000.0
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
6600000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
3300000
CY2023Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3400000
CY2022Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3600000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
6900000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
7100000
CY2023Q2 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0.0
CY2022Q2 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-200000
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0.0
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-200000
CY2023Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
311600000
CY2022Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
321100000
CY2023Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
311600000
CY2022Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
321100000
vmc Number Of Funded Noncontributory Defined Benefit Pension Plans
NumberOfFundedNoncontributoryDefinedBenefitPensionPlans
2
vmc Number Of Unfunded Pension Plans
NumberOfUnfundedPensionPlans
3
vmc Normal Retirement Age
NormalRetirementAge
P65Y
CY2023Q2 vmc Number Of Defined Contribution Plans
NumberOfDefinedContributionPlans
5
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
41100000
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
29600000
CY2023Q2 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-20200000
CY2022Q4 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-21000000.0
CY2022Q2 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-21800000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
131200000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
133700000
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
128700000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-151400000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-154700000
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-150500000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-154700000
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-3300000
vmc Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Rounding Issue
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentRoundingIssue
3300000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-151400000
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
480000000
vmc Number Of Votes Per Common Stock Share
NumberOfVotesPerCommonStockShare
1
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2023Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0
CY2023Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0
us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
200000
CY2022 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
0.0
us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
0.0
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
49900000
CY2022 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0.0
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0.0
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
206.82
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
0.00
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
0.00
CY2023Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
7823488
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
6986900000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
6575300000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
6928600000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
6545000000.0
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
308600000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
187300000
us-gaap Net Income Loss
NetIncomeLoss
429300000
us-gaap Net Income Loss
NetIncomeLoss
279100000
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CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
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us-gaap Stock Repurchased And Retired During Period Value
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
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us-gaap Common Stock Dividends Per Share Cash Paid
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us-gaap Common Stock Dividends Per Share Cash Paid
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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vmc Earnings Loss Attributable To Noncontrolling Interest
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vmc Earnings Loss Attributable To Noncontrolling Interest
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CY2023Q2 us-gaap Minority Interest
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CY2022Q2 us-gaap Minority Interest
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CY2023Q2 us-gaap Minority Interest
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CY2022Q2 us-gaap Minority Interest
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Number Of Operating Segments
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us-gaap Number Of Reportable Segments
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CY2023Q2 us-gaap Revenues
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CY2022Q2 us-gaap Revenues
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us-gaap Revenues
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us-gaap Revenues
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3495000000.0
CY2023Q2 us-gaap Gross Profit
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CY2022Q2 us-gaap Gross Profit
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us-gaap Gross Profit
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us-gaap Gross Profit
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CY2023Q2 us-gaap Depreciation Depletion And Amortization
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CY2022Q2 us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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303300000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
284000000.0
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023Q2 us-gaap Assets
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CY2022Q2 us-gaap Assets
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us-gaap Income Taxes Paid Net
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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38400000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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23400000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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900000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2800000
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
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us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
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CY2022Q3 us-gaap Goodwill Impairment Loss
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us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2023Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
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CY2022Q4 us-gaap Goodwill
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us-gaap Goodwill Period Increase Decrease
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CY2023Q2 us-gaap Goodwill
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CY2022Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
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CY2023Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
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0
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
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false
CY2023Q2 ecd Trd Arr Ind Name
TrdArrIndName
Stanley G. Bass
CY2023Q2 ecd Trd Arr Ind Title
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Chief Strategy Officer
CY2023Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
true
CY2023Q2 ecd Trd Arr Adoption Date
TrdArrAdoptionDate
June 9, 2023
CY2023Q2 vmc Trd Arr Expiration Date
TrdArrExpirationDate
January 31, 2024
CY2023Q2 ecd Trd Arr Securities Agg Avail Amt
TrdArrSecuritiesAggAvailAmt
12300

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