v3.26.1
Segment information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment information
14. Segment information
The Company has the following three operating and reportable segments:
Americas Materials Solutions;
Americas Building Solutions; and
International Solutions
The Americas Materials Solutions segment provides building materials, products and services for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The primary materials produced by this segment include aggregates, cementitious materials, readymixed concrete and asphalt. This segment also provides paving and construction services for customers.
The Americas Building Solutions segment manufactures, supplies and delivers building products for the built environment in communities across North America. Our subsidiaries within this segment offer building and infrastructure solutions serving complex critical infrastructure (such as water, energy, transportation and data projects) and outdoor living solutions for enhancing private and public spaces.
The International Solutions segment provides building materials, products and services across Europe and Australia, for use in the construction of critical infrastructure, commercial and residential buildings and outdoor living spaces.
Adjusted EBITDA is defined as earnings from continuing operations before interest, taxes, depreciation, depletion, amortization, Loss on impairments, gain/loss on divestitures and investments, Income/loss from equity method investments, substantial acquisition-related costs and pension expense/income excluding current service cost component.
The key performance measures and segment expenses for the Company’s reportable segments were:
Three months ended June 30, 2026
in $ millionsAmericas Materials SolutionsAmericas Building SolutionsInternational SolutionsTotal
Total revenues4,9572,1173,70310,777
Less:
    Labor1,0113626852,058
    Energy costs 24534304583
    Other segment items (i)2,3171,2591,9335,509
Adjusted EBITDA1,384 462 781 2,627 

Three months ended June 30, 2025
in $ millionsAmericas Materials SolutionsAmericas Building SolutionsInternational SolutionsTotal
Total revenues4,5092,1593,53810,206
Less:
    Labor9483856481,981
    Energy costs 20832257497
    Other segment items (i)2,1121,2411,9125,265
Adjusted EBITDA1,2415017212,463

Six months ended June 30, 2026
in $ millionsAmericas Materials SolutionsAmericas Building SolutionsInternational SolutionsTotal
Total revenues7,6813,7856,68118,147
Less:
    Labor1,8587371,3903,985
    Energy costs 395695401,004
    Other segment items (i)3,9412,2303,7749,945
Adjusted EBITDA1,487 749 977 3,213 
Six months ended June 30, 2025
in $ millionsAmericas Materials SolutionsAmericas Building SolutionsInternational SolutionsTotal
Total revenues6,7523,8416,36916,962
Less:
    Labor1,7027601,3053,767
    Energy costs 34864477889
    Other segment items (i)3,4022,2293,7179,348
Adjusted EBITDA1,3007888702,958
(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 endedSix months ended
June 30June 30
in $ millions2026202520262025
Adjusted EBITDA2,6272,4633,2132,958 
Depreciation, depletion, and amortization(548)(528)(1,124)(1,005)
Loss on impairments (i)––(48)– 
Interest income22304367 
Interest expense(220)(200)(423)(381)
Gain (loss) on divestitures and investments (ii)266(16)260(42)
Pension income excluding current service cost component (ii)135189 
Other interest, net (ii)32–4
Income from operations before income tax expense and income from equity method investments2,163 1,7561,939 1,610
(i) Loss on impairments is comprised of $48 million within International Solutions for the six months ended June 30, 2026.
(ii) Gain (loss) on divestitures and investments, pension income excluding current service cost component and other interest, net have been included in Other nonoperating income (expense), net in the Condensed Consolidated Statements of Income.

Depreciation, depletion and amortization for each of the segments were:
Three months endedSix months ended
June 30June 30
in $ millions2026202520262025
Depreciation, depletion and amortization
Americas Materials Solutions239235500455
Americas Building Solutions9197184188
International Solutions218196 440 362 
Total depreciation, depletion and amortization548 528 1,124 1,005 

The segment assets were:
June 30December 31June 30
in $ millions202620252025
Assets
Americas Materials Solutions26,57425,39622,993
Americas Building Solutions10,0819,7129,838
International Solutions17,901 18,12117,098
Total assets for reportable segments54,556 53,22949,929
Additions to property, plant and equipment and intangible assets for each of the segments were:
Six months ended
June 30
in $ millions20262025
Property, plant and equipment and intangible asset additions (i)
Americas Materials Solutions635582
Americas Building Solutions207314
International Solutions535494
Total property, plant and equipment and intangible asset additions1,3771,390
(i) Property, plant and equipment and intangible asset additions exclude asset retirement cost additions.