Vulcan Materials Company (Holding Company) (VMC) Financial Statements (2024 and earlier)

Company Profile

Business Address 1200 URBAN CENTER DRIVE
BIRMINGHAM, AL 35242
State of Incorp. NJ
Fiscal Year End December 31
Industry (SIC) 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1612351,19727240142
Cash and cash equivalents1612351,19727240142
Restricted cash and investments071345
Receivables846783513532513541
Inventory, net of allowances, customer advances and progress billings579521449458429384
Inventory579521449458429384
Prepaid expense      61
Disposal group, including discontinued operation      
Other current assets11695747665 
Other undisclosed current assets 2005643382847
Total current assets:1,9021,6972,2771,3791,0791,180
Noncurrent Assets
Operating lease, right-of-use asset573691423408
Property, plant and equipment6,0515,5474,4264,3164,2373,919
Long-term investments and receivables, including:323434614535
Other undisclosed long-term investments and receivables323434614535
Intangible assets, net (including goodwill)3,6903,6973,1723,1673,1653,122
Goodwill3,6903,6973,1723,1673,1653,122
Intangible assets, net (excluding goodwill)      
Other noncurrent assets285268231226210185
Other undisclosed noncurrent assets 1,7021,7491,1241,0911,0951,064
Total noncurrent assets:12,33311,9869,4109,2698,7538,325
TOTAL ASSETS:14,23513,68311,68710,6499,8329,505
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 13314011211611299
Interest and dividends payable2020192012
Employee-related liabilities12192979287
Accrued liabilities 133     
Deferred revenue    8
Debt123415173013341
Disposal group, including discontinued operation      
Self insurance reserve 515121201820
Other liabilities269259148154141105
Other undisclosed current liabilities381279250208198177
Total current liabilities:9577691,048536603443
Noncurrent Liabilities
Long-term debt and lease obligation3,8754,5173,1723,1722,7792,813
Long-term debt, excluding current maturities3,8753,8752,7722,7842,7792,813
Liabilities, other than long-term debt2,4511,8281,4401,3191,2471,280
Deferred revenue and credits191
Deferred revenue160167174180
Contract with customer, liability186
Deferred compensation liability, classified   27231720
Asset retirement obligations 311315283210226218
Deferred tax liabilities, net567464
Deferred income tax liabilities1,0731,006706633
Liability, pension and other postretirement and postemployment benefits 82106137178155283
Other liabilities2762341139596103
Operating lease, liability548643400388
Total noncurrent liabilities:6,3266,3464,6124,4914,0274,093
Total liabilities:7,2827,1155,6605,0274,6294,536
Equity
Equity, attributable to parent6,9296,5456,0275,6225,2034,969
Common stock133133133132132132
Additional paid in capital2,8392,8172,8022,7912,7982,806
Accumulated other comprehensive loss(155)(153)(181)(198)(172)(149)
Retained earnings4,1113,7493,2742,8962,4452,180
Equity, attributable to noncontrolling interest2423    
Total equity:6,9526,5686,0275,6225,2034,969
TOTAL LIABILITIES AND EQUITY:14,23513,68311,68710,6499,8329,505

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues7,3155,5524,8574,9294,3833,890
Revenue, net3,890
Cost of revenue
(Cost of Goods and Services Sold)
(5,758)(4,179)(3,575)(3,673)(3,282)(2,890)
Gross profit:1,5581,3731,2811,2561,1011,001
Operating expenses(606)(363)(386)(378)(353)(353)
Other operating expense, net
(Other undisclosed Other operating expense, net)
      
Operating income:9511,011896877748647
Nonoperating income (expense)612(16)101410
Investment income, nonoperating122114
Other nonoperating income (expense)511(18)9135
Interest and debt expense(169)(149)(136)(130)(138)(296)
Income from continuing operations before equity method investments, income taxes:788874744758623361
Other undisclosed loss from continuing operations before income taxes      
Income from continuing operations before income taxes:788874744758623361
Income tax expense (benefit)(193)(200)(156)(135)(105)232
Income from continuing operations:595674588623518593
Income before gain (loss) on sale of properties:670584618516601
Income (loss) from discontinued operations(19)(3)(4)(5)(2)8
Net income:577670584618516601
Net income (loss) attributable to noncontrolling interest(1)0    
Net income available to common stockholders, diluted:576671584618516601

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:577670584618516601
Other undisclosed comprehensive income (loss)(2)29    
Comprehensive income:575699584618516601
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)0    
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   16(26)7(10)
Comprehensive income, net of tax, attributable to parent:574699601592523591

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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