2024 Q3 Form 10-Q Financial Statement

#000139600924000017 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $2.004B $2.014B
YoY Change -8.32% -4.66%
Cost Of Revenue $1.439B $1.422B
YoY Change -9.79% -7.02%
Gross Profit $565.2M $592.2M
YoY Change -4.37% 1.53%
Gross Profit Margin 28.21% 29.4%
Selling, General & Admin $129.1M $134.1M
YoY Change -10.28% -3.59%
% of Gross Profit 22.84% 22.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $160.7M $156.8M
YoY Change -0.25% 1.23%
% of Gross Profit 28.43% 26.48%
Operating Expenses $129.1M $134.1M
YoY Change -10.28% -9.94%
Operating Profit $337.1M $453.6M
YoY Change -19.53% 4.42%
Interest Expense -$38.40M -$40.20M
YoY Change -17.6% -13.92%
% of Operating Profit -11.39% -8.86%
Other Income/Expense, Net -$3.800M -$8.700M
YoY Change -40.63% 8600.0%
Pretax Income $294.9M $404.7M
YoY Change -19.4% 0.1%
Income Tax $85.20M $94.40M
% Of Pretax Income 28.89% 23.33%
Net Earnings $207.6M $308.0M
YoY Change -24.92% -0.19%
Net Earnings / Revenue 10.36% 15.29%
Basic Earnings Per Share $1.57 $2.33
Diluted Earnings Per Share $1.56 $2.31
COMMON SHARES
Basic Shares Outstanding 132.1M shares 132.3M shares
Diluted Shares Outstanding 133.0M shares 133.1M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $433.2M $111.0M
YoY Change 27.41% -33.13%
Cash & Equivalents $433.2M $111.0M
Short-Term Investments
Other Short-Term Assets $113.5M $153.4M
YoY Change 7.08% 25.02%
Inventory $647.7M $650.3M
Prepaid Expenses
Receivables $1.017B $1.061B
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.213B $1.977B
YoY Change -18.08% -3.29%
LONG-TERM ASSETS
Property, Plant & Equipment $6.414B $6.416B
YoY Change 4.93% -3.73%
Goodwill $3.450B $3.537B
YoY Change -2.31% -4.14%
Intangibles
YoY Change
Long-Term Investments $31.40M $31.40M
YoY Change 0.64% 0.64%
Other Assets $287.5M $281.6M
YoY Change 14.5% 11.79%
Total Long-Term Assets $12.14B $12.24B
YoY Change 1.84% -0.41%
TOTAL ASSETS
Total Short-Term Assets $2.213B $1.977B
Total Long-Term Assets $12.14B $12.24B
Total Assets $14.35B $14.22B
YoY Change -1.84% -0.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $352.6M $326.6M
YoY Change -14.58% -18.78%
Accrued Expenses $48.70M $47.90M
YoY Change 1.04% 1.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $95.00M
YoY Change
Long-Term Debt Due $500.0K $500.0K
YoY Change 0.0% -97.56%
Total Short-Term Liabilities $774.1M $796.8M
YoY Change -10.43% 0.44%
LONG-TERM LIABILITIES
Long-Term Debt $3.329B $3.332B
YoY Change -14.07% -14.56%
Other Long-Term Liabilities $712.3M $697.1M
YoY Change 3.97% -48.16%
Total Long-Term Liabilities $4.042B $4.029B
YoY Change -11.36% -23.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $774.1M $796.8M
Total Long-Term Liabilities $4.042B $4.029B
Total Liabilities $6.459B $6.486B
YoY Change -9.73% -9.05%
SHAREHOLDERS EQUITY
Retained Earnings $4.981B $4.834B
YoY Change 8.39% 10.47%
Common Stock $2.895B $2.880B
YoY Change -3.35% -3.3%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.869B $7.705B
YoY Change
Total Liabilities & Shareholders Equity $14.35B $14.22B
YoY Change -1.84% -0.82%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $207.6M $308.0M
YoY Change -24.92% -0.19%
Depreciation, Depletion And Amortization $160.7M $156.8M
YoY Change -0.25% 1.23%
Cash From Operating Activities $595.0M $201.1M
YoY Change 8.64% -29.73%
INVESTING ACTIVITIES
Capital Expenditures $96.80M $191.4M
YoY Change -68.94% 18.88%
Acquisitions
YoY Change
Other Investing Activities -$11.20M -$178.6M
YoY Change -296.49% -1015.9%
Cash From Investing Activities -$108.0M -$370.0M
YoY Change -64.71% 161.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -164.3M -19.60M
YoY Change 153.16% -83.18%
NET CHANGE
Cash From Operating Activities 595.0M 201.1M
Cash From Investing Activities -108.0M -370.0M
Cash From Financing Activities -164.3M -19.60M
Net Change In Cash 322.7M -188.5M
YoY Change 82.52% -768.44%
FREE CASH FLOW
Cash From Operating Activities $595.0M $201.1M
Capital Expenditures $96.80M $191.4M
Free Cash Flow $498.2M $9.700M
YoY Change 111.1% -92.25%

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<div style="margin-top:12pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">RECLASSIFICATIONS</span></div><div style="margin-top:2pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8.5pt;font-weight:400;line-height:120%">As a result of a first quarter 2024 change in our internal management reporting structure, prior period segment information has been revised to conform to our current segment reporting structure. This change had no impact on our prior consolidated results of operations, financial position or cash flows (refer to Note 13 for further information).</span></div>
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P19Y2M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P19Y6M
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P19Y6M
CY2024Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P2Y4M24D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P2Y6M
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P2Y7M6D
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CY2024Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
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FinanceLeaseWeightedAverageDiscountRatePercent
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CY2024Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2400000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3400000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
4900000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6800000 usd
CY2024Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 usd
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
400000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
500000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
18900000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
19800000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
37700000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
39100000 usd
CY2024Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
11600000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
12000000.0 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
22700000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
23700000 usd
CY2024Q2 us-gaap Variable Lease Cost
VariableLeaseCost
4400000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
5000000.0 usd
us-gaap Variable Lease Cost
VariableLeaseCost
9700000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
10100000 usd
CY2024Q2 us-gaap Sublease Income
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800000 usd
CY2023Q2 us-gaap Sublease Income
SubleaseIncome
1100000 usd
us-gaap Sublease Income
SubleaseIncome
1600000 usd
us-gaap Sublease Income
SubleaseIncome
1800000 usd
CY2024Q2 us-gaap Lease Cost
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36700000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
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us-gaap Lease Cost
LeaseCost
73800000 usd
us-gaap Lease Cost
LeaseCost
78400000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
36700000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
36600000 usd
vmc Total Cash Paid For Finance Leases
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7300000 usd
vmc Total Cash Paid For Finance Leases
TotalCashPaidForFinanceLeases
12100000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
94400000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
92000000.0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
123400000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
108600000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2014400000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2112900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3560100000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3761800000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2014400000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2112900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3560100000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3761800000 usd
vmc Proceeds From Sale Of Future Production
ProceedsFromSaleOfFutureProduction
226900000 usd
vmc Number Of Quarries
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vmc Volumetric Production Payments Term
VolumetricProductionPaymentsTerm
P20Y
CY2024Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
151100000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
159800000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
152800000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
161800000 usd
CY2024Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2200000 usd
CY2023Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2400000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3900000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4400000 usd
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
148900000 usd
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
157400000 usd
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
148900000 usd
vmc Number Of Rabbi Trusts Established
NumberOfRabbiTrustsEstablished
2 trust
us-gaap Gain Loss On Investments
GainLossOnInvestments
1000000.0 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
2000000.0 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
900000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
2100000 usd
CY2024Q2 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-18600000 usd
CY2024Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
95000000.0 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0.0 usd
CY2023Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
0.0 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
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CY2023Q4 us-gaap Debt Instrument Carrying Amount
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DebtInstrumentCarryingAmount
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CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
58900000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
63400000 usd
CY2023Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
65900000 usd
CY2024Q2 vmc Debt Instrument Fair Value Adjustments
DebtInstrumentFairValueAdjustments
0.0 usd
CY2023Q4 vmc Debt Instrument Fair Value Adjustments
DebtInstrumentFairValueAdjustments
-300000 usd
CY2023Q2 vmc Debt Instrument Fair Value Adjustments
DebtInstrumentFairValueAdjustments
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CY2024Q2 us-gaap Long Term Debt
LongTermDebt
3332200000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
3877800000 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
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CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
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CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000 usd
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3331700000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3877300000 usd
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3873200000 usd
CY2024Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3158600000 usd
CY2023Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3798000000 usd
CY2023Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3715000000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4500000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3700000 usd
CY2022Q4 us-gaap Commercial Paper
CommercialPaper
1600000000 usd
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CY2024Q2 vmc Lease Liability
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CY2024Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
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CY2024Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
42000000.0 usd
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AccrualForEnvironmentalLossContingencies
40900000 usd
CY2023Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
41100000 usd
CY2017Q3 vmc Number Of Groundwater Extraction Wells
NumberOfGroundwaterExtractionWells
2 well
CY2017Q3 vmc Number Of Groundwater Extraction Wells
NumberOfGroundwaterExtractionWells
2 well
us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
0 usd
CY2024Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3600000 usd
CY2023Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3400000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
7100000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
6900000 usd
CY2024Q2 vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
2800000 usd
CY2023Q2 vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
2200000 usd
vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
5200000 usd
vmc Asset Retirement Obligation Depreciation Expense
AssetRetirementObligationDepreciationExpense
4300000 usd
CY2024Q2 vmc Cost Incurred Asset Retirement Obligation
CostIncurredAssetRetirementObligation
6400000 usd
CY2023Q2 vmc Cost Incurred Asset Retirement Obligation
CostIncurredAssetRetirementObligation
5600000 usd
vmc Cost Incurred Asset Retirement Obligation
CostIncurredAssetRetirementObligation
12300000 usd
vmc Cost Incurred Asset Retirement Obligation
CostIncurredAssetRetirementObligation
11200000 usd
CY2024Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
325700000 usd
CY2023Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
311900000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
324100000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
311300000 usd
CY2024Q2 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
800000 usd
CY2023Q2 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0.0 usd
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
800000 usd
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0.0 usd
CY2024Q2 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
3000000.0 usd
CY2023Q2 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
3700000 usd
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
4800000 usd
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
6600000 usd
CY2024Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3600000 usd
CY2023Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3400000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
7100000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
6900000 usd
CY2024Q2 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
7000000.0 usd
CY2023Q2 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0.0 usd
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
6900000 usd
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0.0 usd
CY2024Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
334100000 usd
CY2023Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
311600000 usd
CY2024Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
334100000 usd
CY2023Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
311600000 usd
vmc Number Of Funded Noncontributory Defined Benefit Pension Plans
NumberOfFundedNoncontributoryDefinedBenefitPensionPlans
2 plan
vmc Number Of Unfunded Pension Plans
NumberOfUnfundedPensionPlans
3 plan
vmc Normal Retirement Age
NormalRetirementAge
65 y
CY2024Q2 vmc Number Of Defined Contribution Plans
NumberOfDefinedContributionPlans
4 plan
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
48100000 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
41100000 usd
CY2024Q2 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-18600000 usd
CY2023Q4 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-19400000 usd
CY2023Q2 us-gaap Aoci Derivative Qualifying As Hedge Excluded Component After Tax
AociDerivativeQualifyingAsHedgeExcludedComponentAfterTax
-20200000 usd
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
122000000.0 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
124400000 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
131200000 usd
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-140600000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-143800000 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-151400000 usd
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
480000000 shares
vmc Number Of Votes Per Common Stock Share
NumberOfVotesPerCommonStockShare
1 vote
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2024Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0 shares
CY2023Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0 shares
CY2024Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0 shares
us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
300000 shares
CY2023 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
1000000.0 shares
us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
200000 shares
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
68800000 usd
CY2023 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
200000000.0 usd
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
49900000 usd
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
254.71
CY2023 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
204.52
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
206.82
CY2024Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
6817118 shares
CY2024Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.46
CY2023Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.43
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.92
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.86
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7730400000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7226400000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7730400000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7226400000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
us-gaap Number Of Operating Segments
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3 segment
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2014400000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2112900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3560100000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3761800000 usd
CY2024Q2 us-gaap Gross Profit
GrossProfit
592200000 usd
CY2023Q2 us-gaap Gross Profit
GrossProfit
583300000 usd
us-gaap Gross Profit
GrossProfit
897200000 usd
us-gaap Gross Profit
GrossProfit
885300000 usd
CY2024Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
156800000 usd
CY2023Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
154900000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
307700000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
303300000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111600000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
168200000 usd
CY2024Q2 us-gaap Assets
Assets
14216400000 usd
CY2023Q2 us-gaap Assets
Assets
14333600000 usd
us-gaap Interest Paid Net
InterestPaidNet
99300000 usd
us-gaap Interest Paid Net
InterestPaidNet
82500000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
226700000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
112800000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
17500000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
26000000.0 usd
vmc Note Received From Sale Of Business
NoteReceivedFromSaleOfBusiness
900000 usd
vmc Note Received From Sale Of Business
NoteReceivedFromSaleOfBusiness
0.0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
27100000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
14100000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3400000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
900000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
303600000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
3531700000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
4900000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
3536600000 usd
CY2023 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0 business
CY2024Q2 vmc Number Of Business Divestitures
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0 divestiture
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

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0001396009-24-000017.txt Edgar Link pending
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