Schedule of Segment Reporting Information, by Segment |
The key performance measures and segment expenses for the Company’s reportable segments were: | | | | | | | | | | | | | | | | Three months ended June 30, 2025 | in $ millions | Americas Materials Solutions | Americas Building Solutions | International Solutions | Total | Revenue | 4,509 | 2,159 | 3,538 | 10,206 | Less: | | | | | Labor | 948 | 385 | 648 | 1,981 | Energy costs | 208 | 32 | 257 | 497 | Other segment items (i) | 2,112 | 1,241 | 1,912 | 5,265 | Adjusted EBITDA | 1,241 | 501 | 721 | 2,463 |
| | | | | | | | | | | | | | | | Three months ended June 30, 2024 | in $ millions | Americas Materials Solutions | Americas Building Solutions | International Solutions | Total | Revenue | 4,406 | 2,116 | 3,132 | 9,654 | Less: | | | | | Labor | 918 | 364 | 575 | 1,857 | Energy costs | 200 | 32 | 238 | 470 | Other segment items (i) | 2,095 | 1,244 | 1,733 | 5,072 | Adjusted EBITDA | 1,193 | 476 | 586 | 2,255 |
| | | | | | | | | | | | | | | | Six months ended June 30, 2025 | in $ millions | Americas Materials Solutions | Americas Building Solutions | International Solutions | Total | Revenue | 6,752 | 3,841 | 6,369 | 16,962 | Less: | | | | | Labor | 1,702 | 760 | 1,305 | 3,767 | Energy costs | 348 | 64 | 477 | 889 | Other segment items (i) | 3,402 | 2,229 | 3,717 | 9,348 | Adjusted EBITDA | 1,300 | 788 | 870 | 2,958 |
| | | | | | | | | | | | | | | | Six months ended June 30, 2024 | in $ millions | Americas Materials Solutions | Americas Building Solutions | International Solutions | Total | Revenue | 6,608 | 3,809 | 5,770 | 16,187 | Less: | | | | | Labor | 1,626 | 721 | 1,157 | 3,504 | Energy costs | 336 | 64 | 464 | 864 | Other segment items (i) | 3,438 | 2,240 | 3,441 | 9,119 | Adjusted EBITDA | 1,208 | 784 | 708 | 2,700 | | | | | | | | | | |
(i) The nature of other segment items is similar for each segment and primarily includes raw materials, haulage costs, subcontractor costs and other Selling, general and administrative expenses. The composition of other segment items is such that at a segment level none of these items is individually significant in determining segment performance.
| | | | | | | | | | | | | | | | | | | | | | | Three months ended | Six months ended | | | | June 30 | June 30 | | | in $ millions | 2025 | 2024 | 2025 | 2024 | | | Adjusted EBITDA | 2,463 | 2,255 | 2,958 | 2,700 | | | Depreciation, depletion and amortization | (528) | (424) | (1,005) | (821) | | | | | | | | | | Interest income | 30 | 36 | 67 | 79 | | | Interest expense | (200) | (155) | (381) | (288) | | | (Loss) gain on divestitures and investments (i) | (16) | 23 | (42) | 183 | | | Pension income excluding current service cost component (i) | 5 | 1 | 9 | 2 | | | Other interest, net (i) | 2 | (1) | 4 | (1) | | | Substantial acquisition-related costs | – | (2) | – | (22) | | | Income from operations before income tax expense and income from equity method investments | 1,756 | 1,733 | 1,610 | 1,832 | | |
(i) (Loss) gain on divestitures and investments, pension income excluding current service cost component and other interest, net have been included in Other nonoperating (expense) income, net in the Condensed Consolidated Statements of Income.
Depreciation, depletion and amortization for each of the segments were: | | | | | | | | | | | | | | | | | | Three months ended | Six months ended | | | June 30 | June 30 | | | in $ millions | 2025 | 2024 | 2025 | 2024 | | | | | | | | | | Americas Materials Solutions | 235 | 208 | 455 | 398 | | | Americas Building Solutions | 97 | 84 | 188 | 164 | | | International Solutions | 196 | | 132 | | 362 | | 259 | | | | Total depreciation, depletion and amortization | 528 | | 424 | | 1,005 | | 821 | | | |
The segment assets were: | | | | | | | | | | | | | June 30 | December 31 | June 30 | in $ millions | 2025 | 2024 | 2024 | Assets | | | | Americas Materials Solutions | 22,993 | 21,474 | 21,226 | Americas Building Solutions | 9,838 | 9,049 | 8,837 | International Solutions | 17,098 | 15,011 | 13,082 | Total assets for reportable segments | 49,929 | 45,534 | 43,145 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Additions to property, plant and equipment and intangible assets for each of the segments were: | | | | | | | | | | Six months ended | | June 30 | in $ millions | 2025 | 2024 | Property, plant and equipment and intangible asset additions (i) | | | Americas Materials Solutions | 582 | 568 | Americas Building Solutions | 314 | 233 | International Solutions | 494 | 385 | Total property, plant and equipment and intangible asset additions | 1,390 | 1,186 |
(i) Property, plant and equipment and intangible asset additions exclude asset retirement cost additions.
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