$VMC
Vulcan Materials CO

2023 Q4 Form 10-Q Financial Statement

#000139600923000042 Filed on October 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $1.834B $2.186B $2.088B
YoY Change 5.91% 4.67% 37.7%
Cost Of Revenue $1.362B $1.595B $1.595B
YoY Change -1.44% -0.04% 42.14%
Gross Profit $472.2M $591.0M $492.9M
YoY Change 34.95% 19.9% 25.08%
Gross Profit Margin 25.74% 27.04% 23.6%
Selling, General & Admin $142.4M $143.9M $135.3M
YoY Change 12.66% 6.36% 30.36%
% of Gross Profit 30.16% 24.35% 27.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $152.6M $161.1M $151.0M
YoY Change 0.07% 6.69% 28.49%
% of Gross Profit 32.32% 27.26% 30.64%
Operating Expenses $155.8M $143.9M $135.3M
YoY Change 10.81% 6.36% 30.36%
Operating Profit $316.4M $418.9M $305.4M
YoY Change 51.17% 37.16% 16.4%
Interest Expense -$37.40M -$46.60M -$46.10M
YoY Change -21.43% 1.08% 25.35%
% of Operating Profit -11.82% -11.12% -15.09%
Other Income/Expense, Net $2.600M -$6.400M $1.300M
YoY Change -61.76% -592.31% -58.76%
Pretax Income $335.3M $365.9M $260.6M
YoY Change 122.5% 40.41% 13.93%
Income Tax $105.0M $85.80M $82.30M
% Of Pretax Income 31.32% 23.45% 31.58%
Net Earnings $227.5M $276.5M $177.1M
YoY Change 90.54% 56.13% 0.11%
Net Earnings / Revenue 12.4% 12.65% 8.48%
Basic Earnings Per Share $2.08 $1.33
Diluted Earnings Per Share $1.72 $2.07 $1.33
COMMON SHARES
Basic Shares Outstanding 132.9M 132.9M 132.9M
Diluted Shares Outstanding 133.7M 133.6M

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $931.1M $340.0M $122.4M
YoY Change 476.89% 177.78% -9.79%
Cash & Equivalents $931.1M $340.0M $122.4M
Short-Term Investments
Other Short-Term Assets $70.40M $106.0M $140.8M
YoY Change -39.26% -24.72% 7.02%
Inventory $615.6M $570.6M $542.0M
Prepaid Expenses
Receivables $889.7M $1.185B $1.213B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.525B $2.701B $2.333B
YoY Change 32.75% 15.76% 35.79%
LONG-TERM ASSETS
Property, Plant & Equipment $6.218B $6.112B $5.985B
YoY Change 2.75% 2.12% 7.9%
Goodwill $3.532B $3.532B $3.705B
YoY Change -4.28% -4.66% 0.81%
Intangibles $1.461B
YoY Change -14.18%
Long-Term Investments $31.30M $31.20M $33.10M
YoY Change -1.57% -5.74% -2.96%
Other Assets $267.7M $251.1M $277.0M
YoY Change -6.14% -9.35% 16.82%
Total Long-Term Assets $12.02B $11.92B $12.28B
YoY Change -2.53% -2.96% 2.61%
TOTAL ASSETS
Total Short-Term Assets $2.525B $2.701B $2.333B
Total Long-Term Assets $12.02B $11.92B $12.28B
Total Assets $14.55B $14.62B $14.62B
YoY Change 2.19% 0.03% 6.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $390.4M $412.8M $484.2M
YoY Change -14.1% -14.75% 18.0%
Accrued Expenses $215.9M $48.20M $51.90M
YoY Change 19.41% -7.13% 6.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $312.0M
YoY Change -100.0% -100.0%
Long-Term Debt Due $500.0K $500.0K $500.0K
YoY Change 0.0% 0.0% -95.91%
Total Short-Term Liabilities $797.6M $864.2M $1.363B
YoY Change -16.62% -36.57% 55.41%
LONG-TERM LIABILITIES
Long-Term Debt $3.877B $3.874B $3.874B
YoY Change 0.05% 0.0% 0.0%
Other Long-Term Liabilities $273.6M $685.1M $715.7M
YoY Change -0.91% -4.28% 11.09%
Total Long-Term Liabilities $4.151B $4.559B $4.590B
YoY Change -0.01% -0.66% 1.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $797.6M $864.2M $1.363B
Total Long-Term Liabilities $4.151B $4.559B $4.590B
Total Liabilities $7.038B $7.155B $7.737B
YoY Change -3.36% -7.52% 6.88%
SHAREHOLDERS EQUITY
Retained Earnings $4.615B $4.595B $4.045B
YoY Change 12.25% 13.59% 10.54%
Common Stock $3.012B $2.995B $2.960B
YoY Change 1.36% 1.2% 0.57%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.483B $7.441B $6.856B
YoY Change
Total Liabilities & Shareholders Equity $14.55B $14.62B $14.62B
YoY Change 2.19% 0.03% 6.78%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income $227.5M $276.5M $177.1M
YoY Change 90.54% 56.13% 0.11%
Depreciation, Depletion And Amortization $152.6M $161.1M $151.0M
YoY Change 0.07% 6.69% 28.49%
Cash From Operating Activities $481.6M $547.7M $422.8M
YoY Change 20.43% 29.54% 29.32%
INVESTING ACTIVITIES
Capital Expenditures $206.3M $311.7M -$159.8M
YoY Change 27.19% -295.06% 26.44%
Acquisitions
YoY Change
Other Investing Activities $552.0M $5.700M -$312.2M
YoY Change 1006.21% -101.83% -80.88%
Cash From Investing Activities $345.7M -$306.0M -$472.0M
YoY Change -407.84% -35.17% -73.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -223.1M -64.90M 72.40M
YoY Change -18.28% -189.64% -87.94%
NET CHANGE
Cash From Operating Activities 481.6M 547.7M 422.8M
Cash From Investing Activities 345.7M -306.0M -472.0M
Cash From Financing Activities -223.1M -64.90M 72.40M
Net Change In Cash 604.2M 176.8M 23.20M
YoY Change 4038.36% 662.07% -102.79%
FREE CASH FLOW
Cash From Operating Activities $481.6M $547.7M $422.8M
Capital Expenditures $206.3M $311.7M -$159.8M
Free Cash Flow $275.3M $236.0M $582.6M
YoY Change 15.82% -59.49% 28.52%

Facts In Submission

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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2022Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Earnings Per Share Diluted
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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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CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
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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
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us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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us-gaap Asset Impairment Charges
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us-gaap Asset Impairment Charges
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us-gaap Operating Lease Right Of Use Asset Amortization Expense
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us-gaap Operating Lease Right Of Use Asset Amortization Expense
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us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Gain Loss On Disposition Of Assets1
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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
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vmc Deferred Income Tax Expense Including Discontinued Operations
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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
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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 Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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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 Payments Of Debt Issuance Costs
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Finance Lease Principal Payments
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us-gaap Finance Lease Principal Payments
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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
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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 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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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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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 are 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
CY2023Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
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vmc Number Of Demographic Factors
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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-11700000
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-21700000
CY2023Q3 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-1000000.0
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-2800000
CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1200000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-8600000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-16100000
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
133000000.0
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
133000000.0
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
133100000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
133000000.0
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000
CY2022Q3 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
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000
CY2023Q3 vmc Incremental Common Shares Attributable To Other Stock Compensation Plans
IncrementalCommonSharesAttributableToOtherStockCompensationPlans
500000
CY2022Q3 vmc Incremental Common Shares Attributable To Other Stock Compensation Plans
IncrementalCommonSharesAttributableToOtherStockCompensationPlans
400000
vmc Incremental Common Shares Attributable To Other Stock Compensation Plans
IncrementalCommonSharesAttributableToOtherStockCompensationPlans
400000
vmc Incremental Common Shares Attributable To Other Stock Compensation Plans
IncrementalCommonSharesAttributableToOtherStockCompensationPlans
400000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133700000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133600000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133700000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133600000
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0.0
CY2022Q3 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
CY2023Q3 vmc Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
644800000
CY2022Q4 vmc Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
665400000
CY2022Q3 vmc Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
778800000
CY2023Q3 vmc Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
113400000
CY2022Q4 vmc Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
92800000
CY2022Q3 vmc Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
89600000
CY2023Q3 vmc Operating Lease Right Of Use Asset Including Held For Sale
OperatingLeaseRightOfUseAssetIncludingHeldForSale
531400000
CY2022Q4 vmc Operating Lease Right Of Use Asset Including Held For Sale
OperatingLeaseRightOfUseAssetIncludingHeldForSale
572600000
CY2022Q3 vmc Operating Lease Right Of Use Asset Including Held For Sale
OperatingLeaseRightOfUseAssetIncludingHeldForSale
689200000
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
85800000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
93200000
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
111200000
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
22100000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
14900000
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
12600000
CY2023Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
63700000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
78300000
CY2022Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
98600000
CY2023Q3 vmc Lease Assets
LeaseAssets
595100000
CY2022Q4 vmc Lease Assets
LeaseAssets
650900000
CY2022Q3 vmc Lease Assets
LeaseAssets
787800000
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
48200000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
48100000
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
51900000
CY2023Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
18400000
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
22300000
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
27700000
CY2023Q3 vmc Operating Lease Liability Noncurrent Including Held For Sale
OperatingLeaseLiabilityNoncurrentIncludingHeldForSale
525400000
CY2022Q4 vmc Operating Lease Liability Noncurrent Including Held For Sale
OperatingLeaseLiabilityNoncurrentIncludingHeldForSale
548400000
CY2022Q3 vmc Operating Lease Liability Noncurrent Including Held For Sale
OperatingLeaseLiabilityNoncurrentIncludingHeldForSale
643300000
CY2023Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
22700000
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
34800000
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
45900000
CY2023Q3 vmc Lease Liability
LeaseLiability
614700000
CY2022Q4 vmc Lease Liability
LeaseLiability
653600000
CY2022Q3 vmc Lease Liability
LeaseLiability
768800000
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P19Y4M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P19Y8M12D
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P20Y1M6D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2022Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y1M6D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.043
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.039
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.037
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.020
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.018
CY2022Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.016
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3300000
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
4200000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
10100000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
12900000
CY2023Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000
CY2022Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
700000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
900000
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
19100000
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
21700000
us-gaap Operating Lease Cost
OperatingLeaseCost
58300000
us-gaap Operating Lease Cost
OperatingLeaseCost
65600000
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
14800000
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
12300000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
38500000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
32800000
CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
4900000
CY2022Q3 us-gaap Variable Lease Cost
VariableLeaseCost
4700000
us-gaap Variable Lease Cost
VariableLeaseCost
15000000.0
us-gaap Variable Lease Cost
VariableLeaseCost
8900000
CY2023Q3 us-gaap Sublease Income
SubleaseIncome
800000
CY2022Q3 us-gaap Sublease Income
SubleaseIncome
600000
us-gaap Sublease Income
SubleaseIncome
2700000
us-gaap Sublease Income
SubleaseIncome
2200000
CY2023Q3 us-gaap Lease Cost
LeaseCost
41500000
CY2022Q3 us-gaap Lease Cost
LeaseCost
42500000
us-gaap Lease Cost
LeaseCost
119900000
us-gaap Lease Cost
LeaseCost
118900000
us-gaap Operating Lease Payments
OperatingLeasePayments
55000000.0
us-gaap Operating Lease Payments
OperatingLeasePayments
60000000.0
vmc Total Cash Paid For Finance Leases
TotalCashPaidForFinanceLeases
17900000
vmc Total Cash Paid For Finance Leases
TotalCashPaidForFinanceLeases
28000000.0
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
85800000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
82300000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
194400000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
164600000
vmc Income Tax Benefit Recognition Threshold More Likely Than Not
IncomeTaxBenefitRecognitionThresholdMoreLikelyThanNot
0.50
CY2023Q3 us-gaap Revenues
Revenues
2185800000
CY2022Q3 us-gaap Revenues
Revenues
2088300000
us-gaap Revenues
Revenues
5947600000
us-gaap Revenues
Revenues
5583300000
CY2023Q3 us-gaap Revenues
Revenues
2185800000
CY2022Q3 us-gaap Revenues
Revenues
2088300000
us-gaap Revenues
Revenues
5947600000
us-gaap Revenues
Revenues
5583300000
vmc Proceeds From Sale Of Future Production
ProceedsFromSaleOfFutureProduction
226900000
vmc Number Of Quarries
NumberOfQuarries
8
vmc Term Of Vpps
TermOfVpps
P20Y
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
157400000
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
165900000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
161800000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
170100000
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2500000
CY2022Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2200000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6900000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6400000
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
154900000
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
163700000
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
154900000
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
163700000
vmc Number Of Rabbi Trusts Established
NumberOfRabbiTrustsEstablished
2
us-gaap Gain Loss On Investments
GainLossOnInvestments
500000
us-gaap Gain Loss On Investments
GainLossOnInvestments
-8100000
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
600000
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-8300000
CY2023Q1 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
546600000
CY2023Q3 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3500000
CY2022Q3 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3600000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
10300000
CY2023Q3 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-19800000
CY2023Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
0.0
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
100000000.0
CY2022Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
312000000.0
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3941600000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3941900000
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3941900000
CY2023Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
64700000
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
66200000
CY2022Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
67200000
CY2023Q3 vmc Debt Instrument Fair Value Adjustments
DebtInstrumentFairValueAdjustments
-2100000
CY2022Q4 vmc Debt Instrument Fair Value Adjustments
DebtInstrumentFairValueAdjustments
0.0
CY2022Q3 vmc Debt Instrument Fair Value Adjustments
DebtInstrumentFairValueAdjustments
0.0
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
3874800000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
3875700000
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
3874700000
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3874300000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3875200000
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3874200000
CY2023Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3597600000
CY2022Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3671900000
CY2022Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3620100000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5000000.0
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5000000.0
CY2022Q3 us-gaap Commercial Paper
CommercialPaper
1600000000.0
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3941600000
CY2023Q3 vmc Lease Liability
LeaseLiability
614700000
CY2023Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
315500000
CY2023Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
41000000.0
CY2022Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
36900000
CY2022Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
35500000
CY2017Q3 vmc Number Of Groundwater Extraction Wells
NumberOfGroundwaterExtractionWells
2
us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
0
CY2023Q3 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3500000
CY2022Q3 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3600000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
10300000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
10700000
CY2023Q3 vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
2200000
CY2022Q3 vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
2400000
vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
6600000
vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
7200000
CY2023Q3 us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
5700000
CY2022Q3 us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
6000000.0
us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
16900000
us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
17900000
CY2023Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
311600000
CY2022Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
321100000
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
311300000
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
315200000
CY2023Q3 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0.0
CY2022Q3 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
19200000
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0.0
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
21500000
CY2023Q3 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1900000
CY2022Q3 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
2300000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
8400000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
5600000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
10700000
CY2023Q3 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
2300000
CY2022Q3 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-1600000
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
2300000
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-1800000
CY2023Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
315500000
CY2022Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
340000000.0
CY2023Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
315500000
CY2022Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
340000000.0
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
CY2023Q3 vmc Number Of Defined Contribution Plans
NumberOfDefinedContributionPlans
5
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
58600000
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
49100000
CY2023Q3 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-19800000
CY2022Q4 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-21000000.0
CY2022Q3 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-21400000
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
129900000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
133700000
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
128000000.0
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-149700000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-154700000
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-149400000
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
-5000000.0
vmc Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Rounding Issue
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentRoundingIssue
5000000.0
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-149700000
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
480000000
vmc Number Of Votes Per Common Stock Share
NumberOfVotesPerCommonStockShare
1
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2023Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0
CY2023Q3 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
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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
CY2023Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
7823488
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
276500000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
177100000
us-gaap Net Income Loss
NetIncomeLoss
705800000
us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-2200000
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2023Q3 us-gaap Stock Repurchased And Retired During Period Value
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0.0
CY2022Q3 us-gaap Stock Repurchased And Retired During Period Value
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0.0
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
49900000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0.0
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19200000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9700000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
43500000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
27900000
CY2023Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.43
CY2022Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.40
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.29
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.20
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
57200000
CY2022Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
53200000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
171600000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
159500000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1700000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1100000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
5000000.0
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3300000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
6855700000
CY2023Q2 us-gaap Minority Interest
MinorityInterest
23800000
CY2022Q2 us-gaap Minority Interest
MinorityInterest
23100000
CY2022Q4 us-gaap Minority Interest
MinorityInterest
23600000
CY2021Q4 us-gaap Minority Interest
MinorityInterest
22700000
CY2023Q3 vmc Earnings Loss Attributable To Noncontrolling Interest
EarningsLossAttributableToNoncontrollingInterest
800000
CY2022Q3 vmc Earnings Loss Attributable To Noncontrolling Interest
EarningsLossAttributableToNoncontrollingInterest
100000
vmc Earnings Loss Attributable To Noncontrolling Interest
EarningsLossAttributableToNoncontrollingInterest
1000000.0
vmc Earnings Loss Attributable To Noncontrolling Interest
EarningsLossAttributableToNoncontrollingInterest
500000
CY2023Q3 us-gaap Minority Interest
MinorityInterest
24600000
CY2022Q3 us-gaap Minority Interest
MinorityInterest
23200000
CY2023Q3 us-gaap Minority Interest
MinorityInterest
24600000
CY2022Q3 us-gaap Minority Interest
MinorityInterest
23200000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7465200000
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6878900000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7465200000
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6878900000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2023Q3 us-gaap Revenues
Revenues
2185800000
CY2022Q3 us-gaap Revenues
Revenues
2088300000
us-gaap Revenues
Revenues
5947600000
us-gaap Revenues
Revenues
5583300000
CY2023Q3 us-gaap Gross Profit
GrossProfit
591000000.0
CY2022Q3 us-gaap Gross Profit
GrossProfit
492900000
us-gaap Gross Profit
GrossProfit
1476300000
us-gaap Gross Profit
GrossProfit
1207800000
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
161100000
CY2022Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
151000000.0
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
464400000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
435000000.0
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
345000000.0
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146900000
CY2023Q3 us-gaap Assets
Assets
14620500000
CY2022Q3 us-gaap Assets
Assets
14615800000
us-gaap Interest Paid Net
InterestPaidNet
118400000
us-gaap Interest Paid Net
InterestPaidNet
96600000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
168300000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
133700000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
28200000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
37500000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1500000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
35500000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1300000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3500000
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
0.0
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
65400000
CY2022Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
50900000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2023Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
303600000
CY2022Q4 us-gaap Goodwill
Goodwill
3689600000
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
-100000
CY2023Q3 vmc Goodwill Including Held For Sale
GoodwillIncludingHeldForSale
3689500000
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0
CY2023Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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