v3.25.2
Variable interest entities (Tables)
 6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Condensed Balance Sheet
The carrying amounts of assets and liabilities of the consolidated VIE, reported within the Condensed Consolidated Balance Sheets before intragroup eliminations with other CRH companies were:
June 30December 31June 30
in $ millions202520242024
Assets
Current assets:
Cash and cash equivalents27 21 34 
Accounts receivable, net43 38 38 
Inventories91 96 98 
Other current assets61 58 52 
Total current assets222 213 222 
Property, plant and equipment, net849 846 852 
Goodwill196 190 188 
Intangible assets, net1 1 – 
Operating lease right-of-use assets, net4 5 5 
Other noncurrent assets11 9 10 
Total assets1,283 1,2641,277
Liabilities
Current liabilities:
Accounts payable104 106 94 
Accrued expenses43 44 36 
Current portion of long-term debt62 33 82 
Operating lease liabilities1 1 1 
Other current liabilities25 25 25 
Total current liabilities235 209 238 
Long-term debt347 345 303 
Deferred income tax liabilities95 94 95 
Noncurrent operating lease liabilities4 4 4 
Other noncurrent liabilities23 21 18 
Total liabilities704 673658
Condensed Income Statement
The operating results of the consolidated VIE, reported within the Condensed Consolidated Statements of Income and Condensed Consolidated Statements of Cash Flows before intragroup eliminations with other CRH companies were:
Three months endedSix months ended
June 30June 30
in $ millions2025202420252024
Total revenues8298166194
Total cost of revenues(85)(89)(165)(176)
Gross (loss) profit(3)9118
Net loss(17)(3)(30)(12)
Net cash used in operating activities(12)(2)