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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
þ
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 2026
OR
o
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from              to
Commission File Number 001-33841
VULCAN MATERIALS COMPANY
(Exact name of registrant as specified in its charter)
New Jersey
(State or other jurisdiction of incorporation)
20-8579133
(I.R.S. Employer Identification No.)
1200 Urban Center Drive, Birmingham, Alabama
(Address of principal executive offices)
35242
(zip code)
(205) 298-3000
(Registrant's telephone number including area code)
Securities Registered Pursuant To Section 12(b) Of The Securities Exchange Act Of 1934:
Title of each class
Trading Symbol
Name of each exchange on which registered
 Common Stock, $1 par value
VMC
 New York Stock Exchange
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No o
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes þ No o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer
þ
Accelerated filer
o
Smaller reporting company
o
Non-accelerated filer
o
Emerging growth company
o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
Yes o No þ
Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date:
Class
Shares Outstanding at April 21, 2026
Common Stock, $1 Par Value
129,754,885



VULCAN MATERIALS COMPANY
Form 10-Q
Quarter Ended March 31, 2026
CONTENTS
Unless otherwise stated or the context otherwise requires, references in this report to “Vulcan,” the “Company,” “we,” “our,” or “us” refer to Vulcan Materials Company and its consolidated subsidiaries.
Form 10-Q
i
vulcan_vulcan wordmark.jpg


Part I Financial Information
 Item 1
Financial Statements
VULCAN MATERIALS COMPANY AND SUBSIDIARY COMPANIES
Condensed Consolidated Balance Sheets
UnauditedMarch 31
2026
December 31
2025
March 31
2025
in millions
Assets
Cash and cash equivalents$140.2 $183.3 $181.3 
Restricted cash3.5 6.1 11.6 
Accounts and notes receivable, net965.6 887.7 928.9 
Inventories695.8 680.5 721.0 
Other current assets79.1 101.8 83.1 
Assets held for sale698.2 708.5 0.0 
Total current assets2,582.4 2,567.9 1,925.9 
Investments and long-term receivables33.7 33.7 31.3 
Property, plant & equipment, net8,100.3 8,148.6 8,381.3 
Operating lease right-of-use assets, net525.9 521.5 566.0 
Goodwill3,780.9 3,780.9 3,815.0 
Other intangible assets, net1,478.8 1,489.0 1,846.3 
Other noncurrent assets170.9 158.8 146.3 
Total assets$16,672.9 $16,700.4 $16,712.1 
Liabilities
Current maturities of long-term debt$0.0 $0.4 $0.5 
Short-term debt197.0 0.0 0.0 
Trade payables and accruals398.8 438.5 354.7 
Other current liabilities374.0 487.9 441.7 
Liabilities held for sale27.5 29.3 0.0 
Total current liabilities997.3 956.1 796.9 
Long-term debt4,363.0 4,361.7 4,907.9 
Deferred income taxes, net1,362.1 1,358.3 1,331.4 
Deferred revenue129.0 130.6 136.2 
Noncurrent operating lease liabilities525.8 522.6 556.1 
Other noncurrent liabilities820.0 822.2 825.1 
Total liabilities$8,197.2 $8,151.5 $8,553.6 
Other commitments and contingencies (Note 8)
Equity
Common stock, $1 par value, Authorized 480.0 shares,
Outstanding 130.3 , 130.6 and 132.1 shares, respectively
$130.3 $130.6 $132.1 
Capital in excess of par value2,907.5 2,930.0 2,889.2 
Retained earnings5,537.7 5,590.1 5,238.8 
Accumulated other comprehensive loss(124.2)(125.6)(126.0)
Total shareholders' equity8,451.3 8,525.1 8,134.1 
Noncontrolling interest24.4 23.8 24.4 
Total equity$8,475.7 $8,548.9 $8,158.5 
Total liabilities and equity$16,672.9 $16,700.4 $16,712.1 
The accompanying Notes to the Condensed Consolidated Financial Statements are an integral part of these statements.
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1
Form 10-Q

Part I Financial Information
VULCAN MATERIALS COMPANY AND SUBSIDIARY COMPANIES
Condensed Consolidated Statements of Comprehensive Income
UnauditedThree Months Ended
March 31
in millions, except per share data20262025
Total revenues$1,755.9 $1,634.6 
Cost of revenues(1,333.2)(1,269.3)
Gross profit422.7 365.3 
Selling, administrative and general expenses(135.7)(138.3)
Gain (loss) on sale of property, plant & equipment and businesses(0.3)7.4 
Other operating expense, net(21.3)(8.0)
Operating earnings265.4 226.4 
Other nonoperating income (expense), net
1.4 (2.6)
Interest expense, net(53.9)(59.7)
Earnings from continuing operations before income taxes
212.9 164.1 
Income tax expense(45.9)(33.8)
Earnings from continuing operations167.0 130.3 
Loss on discontinued operations, net of tax(1.0)(0.9)
Net earnings166.0 129.4 
Earnings attributable to noncontrolling interest
(0.5)(0.5)
Net earnings attributable to Vulcan$165.5 $128.9 
Other comprehensive income, net of tax
Amortization of accumulated cash flow hedge losses0.5 0.4 
Amortization of accumulated benefit plan costs0.9 1.0 
Other comprehensive income1.4 1.4 
Comprehensive income167.4 130.8 
Comprehensive earnings attributable to noncontrolling interest
(0.5)(0.5)
Comprehensive income attributable to Vulcan$166.9 $130.3 
Basic earnings (loss) per share attributable to Vulcan
Continuing operations $1.27 $0.98 
Discontinued operations0.00 (0.01)
Net earnings$1.27 $0.97 
Diluted earnings (loss) per share attributable to Vulcan
Continuing operations $1.27 $0.98 
Discontinued operations(0.01)(0.01)
Net earnings$1.26 $0.97 
Weighted-average common shares outstanding  
Basic130.7 132.4 
Assuming dilution131.2 133.0 
Effective tax rate from continuing operations21.6%20.6%
The accompanying Notes to the Condensed Consolidated Financial Statements are an integral part of these statements.
Form 10-Q
2
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Part I Financial Information
VULCAN MATERIALS COMPANY AND SUBSIDIARY COMPANIES
Condensed Consolidated Statements of Cash Flows
UnauditedThree Months Ended
March 31
in millions20262025
Operating Activities
Net earnings$166.0 $129.4 
Adjustments to reconcile net earnings to net cash provided by operating activities
Depreciation, depletion, accretion and amortization170.3 186.4 
Noncash operating lease expense13.5 13.5 
Net (gain) loss on sale of property, plant & equipment and businesses
0.3 (7.4)
Contributions to pension plans(0.8)(1.2)
Share-based compensation expense15.5 13.9 
Deferred income taxes, net3.3 (1.8)
Changes in assets and liabilities before initial effects of business acquisitions and dispositions(130.5)(85.2)
Other, net3.5 3.9 
Net cash provided by operating activities$241.1 $251.5 
Investing Activities
Purchases of property, plant & equipment(176.5)(168.0)
Proceeds from sale of property, plant & equipment1.6 17.7 
Proceeds from sale of businesses0.0 19.0 
Payment for businesses acquired, net of acquired cash and adjustments
0.0 4.7 
Other, net0.0 0.1 
Net cash used for investing activities$(174.9)$(126.5)
Financing Activities 
Proceeds from short-term debt197.0 0.0 
Payment of short-term debt and other financing obligations(50.0)0.0 
Payment of current maturities and long-term debt(0.4)(400.4)
Payment of finance leases(3.3)(2.9)
Purchases of common stock(149.5)(38.1)
Dividends paid(67.9)(66.0)
Share-based compensation, shares withheld for taxes(37.8)(25.4)
Other, net0.0 (0.1)
Net cash used for financing activities$(111.9)$(532.9)
Net decrease in cash and cash equivalents and restricted cash
(45.7)(407.9)
Cash and cash equivalents and restricted cash at beginning of year189.4 600.8 
Cash and cash equivalents and restricted cash at end of period$143.7 $192.9 
The accompanying Notes to the Condensed Consolidated Financial Statements are an integral part of these statements.
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3
Form 10-Q

Part I Financial Information
Notes to Condensed Consolidated Financial Statements
NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Nature of Operations
Vulcan Materials Company (the “Company,” “Vulcan,” “we,” “our”), a New Jersey corporation, is the nation’s largest supplier of construction aggregates (primarily crushed stone, sand and gravel) and a major producer of aggregates-intensive downstream products such as asphalt mix and ready-mixed concrete.
We operate primarily in the United States, and our principal product—aggregates—is used in most types of public and private construction projects and in the production of asphalt mix and ready-mixed concrete. Our primary focus is serving metropolitan markets in the United States that are expected to experience the most significant growth in population, households and employment. These three demographic factors are significant drivers of demand for aggregates. While aggregates is our focus and primary business, we produce and sell aggregates-intensive asphalt mix and/or ready-mixed concrete products in certain markets.
Basis of Presentation
Our accompanying unaudited condensed consolidated financial statements were prepared in compliance with the instructions to Form 10-Q and Article 10 of Regulation S-X and thus do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (GAAP) for complete financial statements. We prepared the accompanying condensed consolidated financial statements on the same basis as our annual financial statements, except for the adoption of new accounting standards, if any, as described in Note 17. Our Condensed Consolidated Balance Sheet as of December 31, 2025 was derived from the audited financial statement, but it does not include all disclosures required by GAAP. In the opinion of our management, the statements reflect all adjustments, including those of a normal recurring nature, necessary to present fairly the results of the reported interim periods. For further information, refer to the consolidated financial statements and footnotes included in our most recent Annual Report on Form 10-K.
Operating results for the three month period ended March 31, 2026 are not necessarily indicative of the results that may be expected for the year ending December 31, 2026.
Our condensed consolidated financial statements reflect estimates and assumptions made by management that affect the reported amounts of assets, liabilities, revenues and expenses. The most significant estimates and assumptions included in the preparation of these financial statements are related to goodwill and long-lived asset impairments, business combinations and purchase price allocation, pension and other postretirement benefits, environmental compliance, claims and litigation including self-insurance, and income taxes (refer to the Critical Accounting Policies included in Item 7 of our most recent Annual Report on Form 10-K). Events that relate to conditions arising after March 31, 2026 will be reflected in management’s estimates for future periods.
Noncontrolling Interest
We own an 88% controlling interest in the Orca Sand and Gravel Limited Partnership (Orca) which was formed to develop the Orca quarry in British Columbia, Canada. The remaining 12% noncontrolling interest is held by the Namgis First Nation (Namgis). This noncontrolling interest consists of the Namgis’ share of the fair value equity in the partnership. Our condensed consolidated financial statements recognize the full fair value of all of the subsidiary’s assets and liabilities offset by the noncontrolling interest in total equity.
Restricted Cash
Restricted cash primarily consists of cash proceeds from the sale of property held in escrow for the acquisition of replacement property under like-kind exchange agreements. The escrow accounts are administered by an intermediary. Cash restricted pursuant to like-kind exchange agreements remains restricted for a maximum of 180 days from the date of the property sale pending the acquisition of replacement property. Restricted cash may also include cash reserved by other contractual agreements (such as asset purchase agreements) for a specified purpose and therefore is not available for use for other purposes. Restricted cash is included with cash and cash equivalents in the accompanying Condensed Consolidated Statements of Cash Flows.
Accounts and Notes Receivable
Allowance for credit losses is based on our assessment of the collectability of customer accounts. We regularly review the allowance by considering factors such as historic experience, credit quality, the age of the accounts receivable balances, and current economic conditions that may affect a customer's ability to pay. Allowances for credit losses were $10.1 million, $10.5 million and $13.0 million at March 31, 2026, December 31, 2025 and March 31, 2025, respectively.
Form 10-Q
4
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Part I Financial Information
Inventories
Inventories and supplies are stated at the lower of cost or net realizable value. Inventories are as follows:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Finished products$564.1 $557.7 $570.3 
Raw materials41.0 36.7 65.7 
Products in process6.7 5.4 10.3 
Operating supplies and other84.0 80.7 74.7 
Total inventories$695.8 $680.5 $721.0 
Discontinued Operations
In 2005, we sold substantially all the assets of our Chemicals business to a subsidiary of Occidental Chemical Corporation. The financial results of the Chemicals business are classified as discontinued operations in the accompanying Condensed Consolidated Statements of Comprehensive Income for all periods presented. Results from discontinued operations are as follows:
Three Months Ended
March 31
in millions20262025
Pretax loss$(1.4)$(1.3)
Income tax benefit 0.4 0.4 
Loss on discontinued operations, net of tax$(1.0)$(0.9)
Our discontinued operations include charges related to general and product liability costs, including legal defense costs, and environmental remediation costs associated with our former Chemicals business (including certain matters as discussed in Note 8). There were no revenues from discontinued operations for the periods presented.
Earnings Per Share (EPS)
Earnings per share are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS), as set forth below:
Three Months Ended
March 31
in millions20262025
Weighted-average common shares outstanding130.7132.4
Dilutive effect of
Stock-Only Stock Appreciation Rights0.10.1
Other stock compensation awards0.40.5
Weighted-average common shares outstanding, assuming dilution131.2133.0
All dilutive common stock equivalents are reflected in our earnings per share calculations. In periods of loss, shares that otherwise would have been included in our diluted weighted-average common shares outstanding computation would be excluded.
Antidilutive common stock equivalents are not included in our earnings per share calculations. The number of antidilutive common stock equivalents for which the exercise price exceeds the weighted-average market price is as follows:
Three Months Ended
March 31
in millions20262025
Antidilutive common stock equivalents0.10.1
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5
Form 10-Q

Part I Financial Information
Property, Plant & Equipment
Property, plant & equipment are carried at cost less accumulated depreciation, depletion and amortization. Allowances for depreciation, depletion and amortization were $6,483.4 million, $6,356.1 million and $6,152.9 million at March 31, 2026, December 31, 2025 and March 31, 2025, respectively.

NOTE 2: LEASES
Our portfolio of nonmineral leases is composed of leases for real estate (including office buildings, aggregates sales yards and terminals, and concrete and asphalt sites) and equipment (including railcars and rail track, barges, and office, plant and mobile equipment).
Lease right-of-use (ROU) assets and liabilities and the weighted-average lease terms and discount rates are as follows:
dollars in millionsClassification on the Balance SheetMarch 31
2026
December 31
2025
March 31
2025
Assets 1
Operating lease ROU assets$686.0 $674.2 $711.9 
Accumulated amortization(160.1)(152.7)(145.9)
Operating leases, netOperating lease right-of-use assets, net525.9 521.5 566.0 
Finance lease ROU assets23.8 35.3 52.2 
Accumulated depreciation(11.6)(18.6)(23.8)
Finance leases, netProperty, plant & equipment, net12.2 16.7 28.4 
Total lease assets$538.1 $538.2 $594.4 
Liabilities 1
Current
Operating leases
Other current liabilities$45.6 $44.5 $51.2 
Finance leases
Other current liabilities4.3 5.8 10.7 
Noncurrent
Operating leases
Noncurrent operating lease liabilities525.8 522.6 556.1 
Finance leases
Other noncurrent liabilities5.6 5.0 6.9 
Total lease liabilities$581.3 $577.9 $624.9 
Lease Term and Discount Rate
Weighted-average remaining lease term (years)
Operating leases18.818.918.7
Finance leases2.52.42.1
Weighted-average discount rate
Operating leases4.8%4.8%4.7%
Finance leases4.4%4.0%3.4%
1.Balances at March 31, 2026 and December 31, 2025 exclude lease assets and liabilities classified as held for sale as detailed in Note 16.
Form 10-Q
6
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Part I Financial Information
Our lease agreements do not contain material residual value guarantees, restrictive covenants or early termination options. In addition to the lease assets and liabilities presented in the table above, we entered into an agreement to lease a terminal in California and expect to have all permits in place associated with all lease commencement options by the second half of 2026.
The components of lease expense are as follows:
Three Months Ended
March 31
in millions20262025
Finance lease cost
Depreciation of right-of-use assets$1.7 $2.1 
Interest on lease liabilities0.1 0.2 
Operating lease cost20.7 20.4 
Short-term lease cost 1
10.4 12.1 
Variable lease cost4.8 4.0 
Sublease income(1.0)(0.9)
Sale and leaseback gain0.0 (4.6)
Total lease expense$36.7 $33.3 
1.Includes the cost of leases with an initial term of one year or less (including those with terms of one month or less).
Cash paid for operating leases was $20.6 million and $20.0 million for the three months ended March 31, 2026 and 2025, respectively. Cash paid for finance leases (principal and interest) was $3.4 million and $3.1 million for the three months ended March 31, 2026 and 2025, respectively.
NOTE 3: INCOME TAXES
Our estimated annual effective tax rate (EAETR) is based on full-year expectations of pretax earnings, statutory tax rates and permanent differences between book and tax accounting such as percentage depletion. For interim financial reporting, we calculate our quarterly income tax provision in accordance with the EAETR. Each quarter, we update our EAETR based on our revised full-year expectation of pretax earnings and calculate the income tax provision so that the year-to-date income tax provision reflects the EAETR. Significant judgment is required in determining our EAETR. Certain taxes may be computed outside of the EAETR and recognized when the event occurs, such as payments of share-based awards and significant, unusual, or infrequently occurring events.
In the first quarter of 2026, we recorded income tax expense from continuing operations of $45.9 million compared to $33.8 million in the first quarter of 2025. The increase in tax expense was primarily due to the increase in pretax earnings in 2026.
As discussed in Note 8, in May 2022, Mexican government officials unexpectedly and arbitrarily shut down our Calica operations in Mexico. In 2025, Calica had deferred tax assets (including net operating losses) of $37.3 million against which we have a full valuation allowance recorded. In 2026, we project a $6.3 million increase in deferred tax assets against which we have recorded a valuation allowance as a component of the EAETR. A majority of the deferred tax assets relate to a net operating loss (NOL) carryforward which would expire between 2032 and 2036 if not utilized. Should the Mexican government lift the shutdown and/or if we are successful in our North American Free Trade Agreement (NAFTA) claim, we will reevaluate the need for a valuation allowance against the deferred tax assets.
Additionally, Calica is under examination by the Mexican Servicio de Administración Tributaria (SAT) for tax years 2018 and 2019. In the fourth quarter of 2025, SAT issued Calica an audit findings letter for 2018. Among other claims, SAT asserts that Calica had no right to mine and has denied its cost of goods sold deduction. We have recognized the full tax benefit associated with Calica’s cost of goods sold deduction in Mexico, as we believe it is more likely than not that the position will be sustained based upon the technical merits of the position. This position is strictly binary as our tax liability hinges entirely on the legal basis that Calica had the necessary rights to conduct its mining operations during the period in question. Should we be unsuccessful in defending this tax position related to the 2018 audit, we may incur a one-time cash outflow and tax expense of approximately $35 million, which includes $23 million of interest and penalties.
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7
Form 10-Q

Part I Financial Information
We project Alabama NOL carryforward deferred tax assets at December 31, 2026 of $44.5 million against which we have a valuation allowance of $32.4 million. We expect $9.5 million of the Alabama NOL carryforward to expire in 2026 resulting in a tax benefit of $0.8 million (recorded as a component of the EAETR) compared to the previous amount of valuation allowance recorded. Almost all of the Alabama NOL carryforward would expire between 2026 and 2029 if not utilized.
In August 2022, the Inflation Reduction Act (IRA) was signed into law, effective for tax years beginning on or after January 1, 2023. The IRA introduced a corporate alternative minimum tax (CAMT) of 15% applicable to corporations with adjusted financial statement income (AFSI) in excess of $1 billion determined on a prior three-year average. In 2026, we anticipate our average AFSI will exceed the applicable threshold which subjects us to CAMT for the current year and all future years. However, we do not expect to pay any CAMT in 2026.
In July 2025, President Trump signed into law H.R.1 - One Big Beautiful Bill Act. Certain provisions relevant to us became effective beginning January 1, 2026, but none are material to our effective tax rate.
A summary of our deferred tax assets and liabilities is included in Note 9 “Income Taxes” in our Annual Report on Form 10-K for the year ended December 31, 2025.
NOTE 4: REVENUES
Revenues are measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Sales taxes and other taxes we collect are recorded as liabilities until remitted and thus are excluded from revenues. Costs to obtain and fulfill contracts (primarily asphalt construction paving contracts) are immaterial and are expensed as incurred when the expected amortization period is one year or less.
Our segment total revenues by geographic market for the three month periods ended March 31, 2026 and 2025 are disaggregated as follows:
Three Months Ended March 31, 2026
in millionsAggregatesAsphaltConcreteTotal
East revenues$378.4 $25.8 $65.6 $469.8 
Gulf Coast revenues834.1 41.7 2.1 877.9 
West revenues238.0 148.3 119.8 506.1 
Segment sales$1,450.5 $215.8 $187.5 $1,853.8 
Intersegment sales(97.9)0.0 0.0 (97.9)
Total revenues 1
$1,352.6 $215.8 $187.5 $1,755.9 
 Three Months Ended March 31, 2025
in millionsAggregatesAsphaltConcreteTotal
East revenues$395.9 $24.3 $70.3 $490.5 
Gulf Coast revenues738.6 52.4 1.6 792.6 
West revenues201.4 132.0 105.1 438.5 
Segment sales$1,335.9 $208.7 $177.0 $1,721.6 
Intersegment sales(87.0)0.0 0.0 (87.0)
Total revenues 1
$1,248.9 $208.7 $177.0 $1,634.6 
1.The geographic markets are defined by states/countries as follows:
East market — Arkansas, Delaware, Illinois, Kentucky, Maryland, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, Virginia and Washington D.C.
Gulf Coast market — Alabama, Florida, Georgia, Louisiana, Mississippi, Oklahoma, South Carolina, Texas, U.S. Virgin Islands, Freeport (Bahamas), Puerto Cortés (Honduras) and Quintana Roo (Mexico)
West market — Arizona, California, Hawaii, New Mexico and British Columbia (Canada)
Form 10-Q
8
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Part I Financial Information
Total revenues are primarily derived from our product sales of aggregates (crushed stone, sand and gravel, sand and other aggregates), asphalt mix and ready-mixed concrete, and include freight & delivery costs that we pass along to our customers to deliver these products. We also generate service revenues from our asphalt construction paving business and service revenues related to our aggregates business, such as landfill tipping fees. Our total service revenues were $43.7 million (2.5% of total revenues) and $44.8 million (2.7% of total revenues) for the three months ended March 31, 2026 and 2025, respectively.
Our products typically are sold to private industry and not directly to governmental entities. Although approximately 40% to 55% of our aggregates shipments have historically been used in publicly funded construction (such as highways, airports and government buildings), a relatively small portion of our sales are made directly to federal, state, county or municipal governments/agencies. Therefore, although reductions in state and federal funding can curtail publicly funded construction, the vast majority of our business is not directly subject to renegotiation of profits or termination of contracts with local, state or federal governments.
Product Revenues
Revenue is recognized when obligations under the terms of a contract with our customer are satisfied; generally, this occurs at a point in time when our aggregates, asphalt mix and ready-mixed concrete are shipped/delivered and control passes to the customer. Revenue for our products is recorded at the fixed invoice amount, and payment is due by the 15th day of the following month. We do not offer discounts for early payment.
Freight & delivery generally represents pass-through transportation costs we incur (including our administrative costs) and pay to third-party carriers to deliver our products to customers and are accounted for as a fulfillment activity. Likewise, the costs related to freight & delivery are included in cost of revenues.
Freight & delivery revenues are as follows:
Three Months Ended
March 31
in millions20262025
Total revenues$1,755.9 $1,634.6 
Freight & delivery revenues 1
(238.7)(219.8)
Total revenues excluding freight & delivery$1,517.2 $1,414.8 
1.Includes freight & delivery to remote distribution sites.
Construction Paving Service Revenues
Revenue from our asphalt construction paving business is recognized over time using the percentage-of-completion method under the cost approach. The percentage of completion is determined by costs incurred to date as a percentage of total costs estimated for the project. Under this approach, recognized contract revenue equals the total estimated contract revenue multiplied by the percentage of completion. Future revenues from unsatisfied performance obligations (including contracts with an expected duration of 1 year or less) at March 31, 2026 and 2025 were $204.2 million and $229.9 million, respectively. The remaining period to complete the obligations at March 31, 2026 ranged from 1 month to 28 months.
Our construction contracts are unit priced, and an account receivable is recorded for amounts invoiced based on actual units produced. Contract assets for estimated earnings in excess of billings, contract assets related to retainage provisions and contract liabilities for billings in excess of costs are immaterial. Variable consideration in our construction paving contracts is immaterial and consists of incentives and penalties based on the quality of work performed. Our construction paving contracts may contain warranty provisions covering defects in equipment, materials, design or workmanship that generally run from nine months to one year after project completion. Due to the nature of our construction paving projects, including contract owner inspections of the work during construction and prior to acceptance, we have not experienced material warranty costs for these short-term warranties.
Volumetric Production Payment Deferred Revenues
In 2013 and 2012, we sold a percentage interest in certain future aggregates production for net cash proceeds of $226.9 million. These transactions, structured as volumetric production payments (VPPs):
relate to eight quarries in Georgia and South Carolina
provide the purchaser solely with a nonoperating percentage interest in the subject quarries’ future aggregates production
contain no minimum annual or cumulative guarantees by us for production or sales volume, nor minimum sales price
are both volume and time limited
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9
Form 10-Q

Part I Financial Information
We are the exclusive sales agent for, and transmit quarterly to the purchaser the proceeds from the sale of, the purchaser’s share of aggregates production. Our consolidated total revenues exclude the revenue from the sale of the purchaser’s share of aggregates.
The proceeds we received from the sale of the percentage interest were recorded as deferred revenue on the balance sheet. We recognize revenue on a unit-of-sales basis (as we sell the purchaser’s share of production) relative to the volume limitations of the transactions. Given the nature of the risks and potential rewards assumed by the buyer, the transactions do not reflect financing activities.
Changes in our deferred revenue balances (current and noncurrent) are as follows:
 Three Months Ended
March 31
in millions20262025
Deferred revenue balance at beginning of period$138.1 $145.3 
Revenue recognized from deferred revenue(1.6)(1.6)
Deferred revenue balance at end of period$136.5 $143.7 
Based on expected sales from the specified quarries, we expect to recognize $7.5 million of VPP deferred revenue as income during the twelve-month period ending March 31, 2027 (reflected in other current liabilities in our March 31, 2026 Condensed Consolidated Balance Sheet).
NOTE 5: FAIR VALUE MEASUREMENTS
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels as described below:
Level 1: Quoted prices in active markets for identical assets or liabilities
Level 2: Inputs that are derived principally from or corroborated by observable market data
Level 3: Inputs that are unobservable and significant to the overall fair value measurement
Our assets subject to fair value measurement on a recurring basis are summarized below:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Level 1 Fair Value
Rabbi Trust
Mutual funds$44.9 $42.6 $36.2 
Total$44.9 $42.6 $36.2 
Level 2 Fair Value
Rabbi Trust
Money market mutual fund$1.4 $2.1 $3.6 
Total$1.4 $2.1 $3.6 
We have two Rabbi Trusts for the purpose of providing a level of security for the employee nonqualified retirement and deferred compensation plans and for the directors' nonqualified deferred compensation plans. The fair values of these investments are estimated using a market approach. The Level 1 investments include mutual funds for which quoted prices in active markets are available. Level 2 investments are stated at estimated fair value based on the underlying investments in the fund (high-quality, short-term money market instruments).
Net gains of the Rabbi Trusts’ investments were $1.4 million and $0.3 million for the three months ended March 31, 2026 and 2025, respectively. Unrealized gains on investments held by the Rabbi Trusts at March 31, 2026 and 2025 were $1.2 million and $3.1 million, respectively.
Form 10-Q
10
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Part I Financial Information
The carrying values of our cash equivalents, restricted cash, accounts and notes receivable, short-term debt, trade payables and accruals, and all other current liabilities approximate their fair values because of the short-term nature of these instruments. Additional disclosures for derivative instruments and interest-bearing debt are presented in Note 6 and Note 7, respectively.
NOTE 6: DERIVATIVE INSTRUMENTS
During the normal course of operations, we are exposed to market risks including interest rates, foreign currency exchange rates and commodity prices. From time to time, we use derivative instruments to balance the cost and risk of such expenses. We do not use derivative instruments for trading or other speculative purposes.
In prior periods, we entered into interest rate locks of future debt issuances to hedge the risk of higher interest rates. These interest rate locks were designated as cash flow hedges. The gain/loss upon settlement of these cash flow hedges is deferred (recorded in accumulated other comprehensive income (loss) (AOCI)) and amortized to interest expense over the term of the related debt.
This amortization was reflected in the accompanying Condensed Consolidated Statements of Comprehensive Income as follows:
in millionsIncome Statement
Location
Three Months Ended
March 31
20262025
Loss reclassified from AOCIInterest expense$(0.6)$(0.6)
For the twelve-month period ending March 31, 2027, we estimate that $2.5 million of the $15.5 million net of tax loss in AOCI will be reclassified to interest expense.
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11
Form 10-Q

Part I Financial Information
NOTE 7: DEBT
Debt is detailed as follows:
in millionsEffective
Interest Rates
March 31
2026
December 31
2025
March 31
2025
Bank line of credit expires 2029
$0.0 $0.0 $0.0 
Commercial paper expires 2029
197.0 0.0 0.0 
Total short-term debt$197.0 $0.0 $0.0 
Commercial paper expires 2029 1
0.0 0.0 550.0 
3.90% notes due 2027
4.00%400.0 400.0 400.0 
4.95% notes due 2029
5.17%500.0 500.0 500.0 
3.50% notes due 2030
3.94%750.0 750.0 750.0 
5.35% notes due 2034
5.48%750.0 750.0 750.0 
7.15% notes due 2037
8.05%129.2 129.2 129.2 
4.50% notes due 2047
4.59%700.0 700.0 700.0 
4.70% notes due 2048
5.42%460.9 460.9 460.9 
5.70% notes due 2054
5.82%750.0 750.0 750.0 
Other notes0.0 0.5 0.6 
Total long-term debt - face value$4,440.1 $4,440.6 $4,990.7 
Unamortized discounts and debt issuance costs(77.1)(78.5)(82.3)
Total long-term debt - book value$4,363.0 $4,362.1 $4,908.4 
Current maturities0.0 (0.4)(0.5)
Total long-term debt - reported value$4,363.0 $4,361.7 $4,907.9 
Estimated fair value of long-term debt$4,243.0 $4,333.3 $4,794.5 
1.Borrowings on the commercial paper program are classified as long-term if we have the intent and ability to extend payment beyond twelve months.
Discounts and debt issuance costs are amortized using the effective interest method over the terms of the respective notes resulting in $1.3 million and $1.4 million of net interest expense for these items for the three months ended March 31, 2026 and 2025, respectively.
Line of Credit and Commercial Paper Program
Our $1,600.0 million unsecured commercial paper program was established in August 2022 and matures in November 2029. Our commercial paper is fully back-stopped by our line of credit and contains covenants customary for an unsecured investment-grade facility. As of March 31, 2026, we were in compliance with the commercial paper covenants. Commercial paper borrowings bear interest at rates determined at the time of borrowing and as agreed between us and the commercial paper investors. As of March 31, 2026, we had $197.0 million in short-term commercial paper borrowings with a 3.95% effective interest rate.
Our $1,600.0 million unsecured line of credit was amended in November 2024 to extend the maturity date from August 2027 to November 2029. Our line of credit contains covenants customary for an unsecured investment-grade facility. As of March 31, 2026, we were in compliance with the line of credit covenants. Borrowings on the line of credit bear interest, at our option, at either SOFR plus a margin or Truist Bank’s base rate plus a margin. The margins are determined by our credit ratings. Standby letters of credit, which are issued under the line of credit and reduce availability, are charged a fee equal to the margin for SOFR borrowings plus 0.175%. We also pay a commitment fee on the daily average unused amount of the line of credit that ranges from 0.090% to 0.225% determined by our credit ratings. As of March 31, 2026, the margin for SOFR borrowings was 1.125%, the margin for base rate borrowings was 0.125% and the commitment fee for the unused amount was 0.100%.
Form 10-Q
12
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Part I Financial Information
As of March 31, 2026, our available borrowing capacity under the line of credit was $1,576.9 million. Utilization of the borrowing capacity was as follows:
None was borrowed
$23.1 million was used to support standby letters of credit
Term Debt
All of our $4,440.1 million (face value) of term debt is unsecured. All of the covenants in the debt agreements are customary for investment-grade facilities. As of March 31, 2026, we were in compliance with all term debt covenants.
In November 2024, we issued $500.0 million of 4.95% senior notes due 2029, $750.0 million of 5.35% senior notes due 2034 and $750.0 million of 5.70% senior notes due 2054. Total proceeds of $1,975.0 million (net of discounts and transaction costs), together with cash on hand, were used to provide liquidity for acquisitions in 2024 and debt maturing in 2025.
In March 2025, we redeemed the $400.0 million senior notes due April 2025 using cash on hand.
Additionally, in February 2026, we paid a $50.0 million note payable (included in other current liabilities in the accompanying Condensed Consolidated Balance Sheet at December 31, 2025) related to an acquisition completed in 2022.
Standby Letters of Credit
We provide, in the normal course of business, certain third-party beneficiaries with standby letters of credit to support our obligations to pay or perform according to the requirements of an underlying agreement. Such letters of credit typically have an initial term of one year, renew automatically and can only be modified or canceled with the approval of the beneficiary. Except for $1.1 million of letters of credit related to acquisitions completed in 2024, our standby letters of credit are issued by banks that participate in our $1,600.0 million line of credit and reduce the borrowing capacity thereunder. Our standby letters of credit as of March 31, 2026 are summarized by purpose in the table below:
in millions
Risk management insurance$9.8 
Reclamation/restoration requirements14.4 
Total standby letters of credit$24.2 
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13
Form 10-Q

Part I Financial Information
NOTE 8: COMMITMENTS AND CONTINGENCIES
Certain of our aggregates reserves are burdened by volumetric production payments (nonoperating interest) as described in Note 4. As the holder of the operating interest, we have responsibility to bear the cost of mining and producing the reserves attributable to this nonoperating interest.
As stated in Note 2, our lease liabilities totaled $581.3 million as of March 31, 2026.
As summarized by purpose in Note 7, our standby letters of credit totaled $24.2 million as of March 31, 2026.
As described in Note 9, our asset retirement obligations totaled $460.0 million as of March 31, 2026.
Litigation and Environmental Matters
We are subject to occasional governmental proceedings and orders pertaining to occupational safety and health or to protection of the environment, such as proceedings or orders relating to noise abatement, air emissions or water discharges. As part of our continuing program of stewardship in safety, health and environmental matters, we have been able to resolve such proceedings and to comply with such orders without any material adverse effects on our business.
We have received notices from the United States Environmental Protection Agency (EPA) or similar state or local agencies that we are considered a potentially responsible party (PRP) at a limited number of sites under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA or Superfund) or similar state and local environmental laws. Generally, we share the cost of remediation at these sites with other PRPs or alleged PRPs in accordance with negotiated or prescribed allocations. There is inherent uncertainty in determining the potential cost of remediating a given site and in determining any individual party's share in that cost. As a result, estimates can change substantially as additional information becomes available regarding the nature or extent of site contamination, remediation methods, other PRPs and their probable level of involvement, and actions by or against governmental agencies or private parties.
We have reviewed the nature and extent of our involvement at each Superfund site as well as potential obligations arising under other federal, state and local environmental laws. While ultimate resolution and financial liability is uncertain at a number of the sites, in our opinion, based on information currently available, the ultimate resolution of claims and assessments related to these sites will not have a material effect on our consolidated results of operations, financial position or cash flows, although amounts recorded in a given period could be material to our results of operations or cash flows for that period. Amounts accrued for environmental matters (measured on an undiscounted basis) are presented below:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Continuing operations$45.6 $45.7 $47.7 
Retained from former Chemicals business8.4 8.4 8.3 
Total accrued environmental remediation costs$54.0 $54.1 $56.0 
We are a defendant in various lawsuits in the ordinary course of business. It is not possible to determine with precision the outcome, or the amount of liability, if any, under these lawsuits, especially where the cases involve possible jury trials with as yet undetermined jury panels.
In addition to these lawsuits in which we are involved in the ordinary course of business, certain other material legal proceedings are specifically described below.
LOWER PASSAIC RIVER STUDY AREA (DISCONTINUED OPERATIONS and SUPERFUND SITE) — The Lower Passaic River Study Area is part of the Diamond Shamrock Superfund Site in New Jersey. Vulcan and approximately 70 other companies are parties to a May 2007 Administrative Order on Consent with the EPA to perform a Remedial Investigation/Feasibility Study (draft RI/FS) of the lower 17 miles of the Passaic River (River). The draft RI/FS was submitted recommending a targeted hot spot remedy; however, the EPA issued a record of decision in March 2016 that calls for a bank-to-bank dredging remedy for the lower 8 miles of the River. The EPA estimates that the cost of implementing this proposal is $1.38 billion. In September 2016, the EPA entered into an Administrative Settlement Agreement and Order on Consent with Occidental Chemical Corporation (Occidental) in which Occidental agreed to undertake the remedial design for this bank-to-bank dredging remedy and to reimburse the United States for certain response costs.
Efforts to investigate and remediate the River have been underway for many years and have involved hundreds of entities that have had operations on or near the River at some point during the past several decades. We formerly owned a chemicals
Form 10-Q
14
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Part I Financial Information
operation near the mouth of the River, which was sold in 1974. The major risk drivers in the River have been identified to include dioxins, PCBs, DDx and mercury. We did not manufacture any of these risk drivers and have no evidence that any of these were discharged into the River by Vulcan.
In 2021, certain PRPs, including Vulcan, received a joint confidential settlement demand from the EPA/Department of Justice (DOJ). Vulcan and certain of the other PRPs that received the joint confidential settlement demand reached an agreement to settle with the EPA/DOJ and negotiated a Consent Decree. The court granted the motion to enter the Consent Decree in December 2024. Occidental thereafter filed an appeal challenging the entry of the Consent Decree. The appeal remains pending. Vulcan’s portion of the settlement is within the immaterial loss recorded for this matter in 2015.
In July 2018, Vulcan, along with more than 100 other defendants, was sued by Occidental in United States District Court for the District of New Jersey, Newark Vicinage. Occidental is seeking cost recovery and contribution under CERCLA for costs related to the River. This lawsuit is currently stayed. In another related proceeding, Occidental filed a lawsuit in March 2023 against Vulcan and 39 other defendants in United States District Court for the District of New Jersey, Newark Vicinage seeking cost recovery and contribution under CERCLA for costs related to the upper 9 miles of the River. It is unknown at this time how the settlement and approval of the Consent Decree with the EPA/DOJ would affect the Occidental lawsuits.
1,1,1-TRICHLOROETHANE LITIGATION (DISCONTINUED OPERATIONS) — During the operation of our former Chemicals Division, which was divested to Occidental in 2005, Vulcan manufactured a chlorinated solvent known as 1,1,1-trichloroethane. Vulcan faces liabilities related to 1,1,1-trichloroethane stabilized with 1,4-dioxane ("TCA"). We are one of the defendants in cases filed in both state and federal courts, including one case filed by the State of New Jersey. According to the various complaints, the plaintiffs seek damages including, but not limited to, unspecified compensatory damages associated with the remediation of water wells allegedly contaminated with 1,4-dioxane, natural resource damages, disgorgement of profits from the sale of TCA, punitive damages, as well as penalties and attorney's fees under various statutes. During the fourth quarter of 2025, a Vulcan insurer directly negotiated the settlement of the largest plaintiff case filed in federal court in New York. Vulcan’s insurer funded the settlement in excess of Vulcan’s immaterial self-insured retention amount. We will vigorously defend the remaining cases on substantive and procedural grounds. At this time, we cannot determine the likelihood of loss, or reasonably estimate a range of loss, if any, pertaining to the above-referenced cases.
HEWITT LANDFILL MATTER (SUPERFUND SITE) — In 2015, the Los Angeles Regional Water Quality Control Board (RWQCB) issued a Cleanup and Abatement Order (CAO) directing Calmat Co., a Vulcan subsidiary (hereinafter Vulcan), to assess, monitor, cleanup, and abate wastes that have been discharged to soil, soil vapor, and/or groundwater at the former Hewitt Landfill in Los Angeles.
Following an extensive investigation and pilot scale testing, Vulcan implemented an onsite corrective action plan approved by RWQCB that includes a groundwater pump, treat and reinjection system. In 2024, the RWQCB made a request under the CAO for a work plan to install additional monitoring wells and optimize and expand the existing on-site remediation system. This request complements expansion discussions with the EPA and other stakeholders as part of an Alternative Design Plan (ADP). Currently-anticipated costs of these on-site source control activities have been fully accrued.
We are also engaged in an ongoing dialogue with the EPA and the Los Angeles Department of Water and Power (LADWP) regarding the potential contribution of the Hewitt Landfill to groundwater contamination in the North Hollywood Operable Unit (NHOU) of the San Fernando Valley Superfund Site.
The EPA and Vulcan entered into a 2017 Administrative Order on Consent (AOC) for the design of two extraction wells south of the Hewitt Landfill to protect the North Hollywood West (NHW) wellfield. Thereafter, LADWP proposed and ultimately constructed two water production and well head treatment facilities—the NHW system and the North Hollywood Central (NHC) system—at LADWP wellfields located near the Hewitt Landfill. After significant evaluation of the likely effect of LADWP’s water production facilities on other previously-feasible remediation options and the exchange of numerous workplans and evaluation reports, Vulcan submitted an ADP to the EPA in 2025. The ADP relies upon the RWQCB-approved expansion of the onsite Hewitt remedy and, necessarily, the two well head treatment systems operated by LADWP as the preferred method to address the off-site impacts that were the target of the 2017 AOC. The ADP further contemplates an agreement on the coordination of the operation of the onsite Hewitt remedy and LADWP’s well head treatment systems. The EPA, Vulcan, and LADWP continue to engage in a dialogue regarding the coordination of the systems. At this time, we cannot reasonably estimate a range of a loss pertaining to potential work completed at the direction of the EPA.
Additionally, Vulcan is in a dispute with LADWP regarding the cost and necessity of LADWP's construction of the two well head treatment facilities and Vulcan's relative contribution to their construction and operation. LADWP has alleged that the Hewitt Landfill is one of the primary sources of contamination at the NHW system and one of the sources of contamination at the NHC system. According to information available on the California State Water Resources Control Board (SWRCB) website, the
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Form 10-Q

Part I Financial Information
capital cost of the NHW system is estimated at $92 million, and the capital cost of the NHC system is estimated at $245 million. LADWP has also alleged that it incurred damages related to investigation and monitoring costs and its historical inability to use water in the vicinity of its wellfields. LADWP’s investigation and monitoring allegations include its publicly-reported six-year $11.5 million Groundwater System Improvement Study and the installation and monitoring of 26 wells in support of the study, for which LADWP has reported costs of an additional $22 million. Additionally, both systems will incur significant costs for operation and maintenance. LADWP presented a demand to Vulcan in January 2026 that included actual costs in excess of these publicly-reported estimates.
We anticipate continued discussions with LADWP regarding its alleged damages and potential claims. In conjunction with those discussions, we are engaging in further efforts to gather and analyze records and data in order to assess the extent of possible contribution by the Hewitt Landfill to the groundwater contamination in the area, consistent with the parallel request by the EPA, and the reasonableness of LADWP’s efforts. This work is also intended to assist in identification of other PRPs that may have contributed to groundwater contamination in the area of the NHW and NHC systems. Together, these efforts will allow us to analyze our anticipated equitable contribution to LADWP’s treatment systems and the ongoing operation of the systems. Among other factors, we anticipate that any contribution should take into account the on-site source control and other measures implemented by Vulcan at the former Hewitt Landfill, the relative contribution and duration of any contaminants originating from the Hewitt Landfill to the LADWP systems, the contribution and duration of contaminants originating from the property and activities of LADWP, and the cost-effectiveness of the LADWP systems. At this time, we cannot reasonably estimate a range of a loss pertaining to LADWP’s potential contribution claim. However, as discussions continue with LADWP and as additional records and data are analyzed, it is reasonably possible that an estimated material loss could be recognized in the near term.
NAFTA ARBITRATION — In September 2018, our subsidiary Legacy Vulcan, LLC (Legacy Vulcan), on its own behalf, and on behalf of our Mexican subsidiary Calizas Industriales del Carmen, S.A. de C.V. (Calica), served the United Mexican States (Mexico) a Notice of Intent to Submit a Claim to Arbitration under Chapter 11 of the North American Free Trade Agreement (NAFTA). This NAFTA claim relates to the treatment of a portion of our quarrying operations in Quintana Roo, Mexico arising from, among other measures, Mexico’s failure to comply with a legally binding zoning agreement and relates to other unfair, arbitrary and capricious actions by Mexico’s environmental enforcement agency. We assert that these actions are in breach of Mexico’s international obligations under NAFTA and international law.
As required by Article 1118 of NAFTA, we sought to settle this dispute with Mexico through consultations. Notwithstanding our good faith efforts to resolve the dispute amicably, we were unable to do so and filed a Request for Arbitration with the International Centre for Settlement of Investment Disputes (ICSID) in December 2018. In January 2019, ICSID registered our Request for Arbitration.
A hearing on the merits took place in July 2021. While we awaited the final resolution from the tribunal, we continued to engage with government officials to pursue an amicable resolution of the dispute. On May 5, 2022, Mexican government officials unexpectedly and arbitrarily shut down Calica’s remaining operations in Mexico. On May 8, 2022, Legacy Vulcan filed an application in the NAFTA arbitration seeking provisional measures and leave to file an ancillary claim in connection with this latest shutdown (see Part I, Item 2 "Management’s Discussion and Analysis of Financial Condition and Results of Operations" under the caption "Known Trends or Uncertainties"). In July 2022, the NAFTA arbitration tribunal granted Legacy Vulcan’s application and ordered Mexico not to take any action that might further aggravate the dispute between the parties or render the resolution of the dispute potentially more difficult. A hearing on the merits of the ancillary claim took place in August 2023. We expect that the NAFTA arbitration tribunal will issue a decision on the claim and ancillary claim during 2026.
At this time, there can be no assurance whether we will be successful in our NAFTA claim and ancillary claim, and we cannot quantify the amount we may recover, if any, under this arbitration proceeding if we are successful.
It is not possible to predict the ultimate outcome of these and other legal proceedings in which we are involved, and a number of factors, including developments in ongoing discovery or adverse rulings, or the verdict of a particular jury, could cause actual losses to differ materially from accrued costs. No liability was recorded for claims and litigation for which a loss was determined to be only reasonably possible or for which a loss could not be reasonably estimated. Legal costs incurred in defense of lawsuits are expensed as incurred. In addition, losses on certain claims and litigation described above may be subject to limitations on a per occurrence basis by excess insurance, as described in our most recent Annual Report on Form 10-K.
Form 10-Q
16
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Part I Financial Information
NOTE 9: ASSET RETIREMENT OBLIGATIONS
Asset retirement obligations (AROs) are legal obligations associated with the retirement of long-lived assets resulting from the acquisition, construction, development and/or normal use of the underlying assets, including legal obligations for land reclamation. Recognition of a liability for an ARO is required in the period in which it is incurred at its estimated fair value. The associated asset retirement costs are capitalized as part of the carrying amount of the underlying asset and depreciated over the estimated useful life of the asset. The ARO liability is accreted through charges to operating expenses. If the ARO liability is settled for a value other than the carrying amount of the liability, we recognize a gain or loss on settlement.
ARO operating costs related to accretion of the liabilities and depreciation of the assets are as follows:
Three Months Ended
March 31
in millions20262025
ARO Operating Costs
Accretion$5.0 $4.3 
Depreciation3.7 3.9 
Total ARO operating costs$8.7 $8.2 
ARO operating costs are reported in cost of revenues. ARO liabilities are reported within other noncurrent liabilities in our accompanying Condensed Consolidated Balance Sheets.
Reconciliations of the carrying amounts of our ARO liabilities are as follows:
Three Months Ended
March 31
in millions20262025
Asset Retirement Obligations
ARO liability balance at beginning of period
$456.5 $427.4 
Liabilities incurred0.0 0.0 
Liabilities settled
(3.0)(5.9)
Accretion expense5.0 4.3 
Revisions, net
1.5 3.7 
ARO liability balance at end of period
$460.0 $429.5 

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17
Form 10-Q

Part I Financial Information
NOTE 10: BENEFIT PLANS
Pension Plans
We sponsor two qualified, noncontributory defined benefit pension plans, the Vulcan Materials Company Pension Plan (VMC Pension Plan) and the CMG Hourly Pension Plan (CMG Pension Plan). The VMC Pension Plan has been closed to new entrants since 2007, and benefit accruals ceased in 2005 for hourly participants and in 2013 for salaried participants. The CMG Pension Plan is closed to new entrants other than through one small union, and benefits continue to accrue equal to a flat dollar amount for each year of service. In addition to these qualified plans, we sponsor three unfunded, nonqualified pension plans.
The following table sets forth the components of net periodic pension benefit cost:
Three Months Ended
March 31
in millions20262025
Service cost$0.5 $0.5 
Interest cost7.8 8.3 
Expected return on plan assets(9.0)(7.8)
Amortization of actuarial loss1.2 1.2 
Net periodic pension benefit cost$0.5 $2.2 
Pretax amortization from AOCI$1.2 $1.2 
Contributions to pension plans, as reflected on the Condensed Consolidated Statements of Cash Flows, pertain to benefit payments under nonqualified plans and qualified plan contributions of $0.8 million and $1.2 million for the three months ended March 31, 2026 and 2025, respectively.
Postretirement Plans
In addition to pension benefits, we provide certain healthcare and life insurance benefits for some retired employees. Substantially all of our salaried employees and, where applicable, certain of our hourly employees may become eligible for these benefits if they reach a qualifying age and meet certain service requirements. Generally, Company-provided healthcare benefits end when covered individuals become eligible for Medicare benefits, become eligible for other group insurance coverage or reach age 65 (whichever occurs first).
The following table sets forth the components of net periodic other postretirement benefit cost:
Three Months Ended
March 31
in millions20262025
Service cost$0.5 $0.6 
Interest cost0.4 0.5 
Amortization of prior service cost0.4 0.4 
Amortization of actuarial gain(0.4)(0.3)
Net periodic postretirement benefit cost $0.9 $1.2 
Pretax amortization from AOCI
$0.0 $0.1 
Defined Contribution Plans
In addition to our pension and postretirement plans, we sponsor six defined contribution plans. Substantially all salaried and non-union hourly employees are eligible to be covered by one of these plans. Under these plans, we match employees’ eligible contributions at established rates. Expense recognized in connection with these matching obligations totaled $21.0 million and $17.0 million for the three months ended March 31, 2026 and 2025, respectively (reported within other current liabilities in our accompanying Condensed Consolidated Balance Sheets).
Form 10-Q
18
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Part I Financial Information
NOTE 11: OTHER COMPREHENSIVE INCOME
Comprehensive income comprises two subsets: net earnings and other comprehensive income (OCI). The components of OCI are presented in the accompanying Condensed Consolidated Statements of Comprehensive Income, net of applicable taxes.
Amounts in AOCI, net of tax, are as follows:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Cash flow hedges$(15.5)$(16.0)$(17.3)
Pension and postretirement plans(108.7)(109.6)(108.7)
Total AOCI$(124.2)$(125.6)$(126.0)
Changes in AOCI, net of tax, for the three months ended March 31, 2026 are as follows:
in millionsCash Flow
Hedges
Pension and
Postretirement
Benefit Plans
Total
AOCI Balances as of December 31, 2025$(16.0)$(109.6)$(125.6)
Amounts reclassified from AOCI0.5 0.9 1.4 
AOCI Balances as of March 31, 2026$(15.5)$(108.7)$(124.2)
Amounts reclassified from AOCI to earnings are as follows:
Three Months Ended
March 31
in millions20262025
Amortization of Accumulated Cash Flow Hedge Losses
Interest expense$0.6 $0.6 
Benefit from income taxes(0.1)(0.2)
Total$0.5 $0.4 
Amortization of Accumulated Benefit Plan Costs
Other nonoperating expense$1.2 $1.3 
Benefit from income taxes(0.3)(0.3)
Total$0.9 $1.0 
Total reclassifications from AOCI to earnings$1.4 $1.4 
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19
Form 10-Q

Part I Financial Information
NOTE 12: EQUITY
Our capital stock consists solely of common stock, par value $1.00 per share, of which 480,000,000 shares may be issued. Holders of our common stock are entitled to one vote per share. We may also issue 5,000,000 shares of preferred stock, but no shares have been issued. The terms and provisions of such shares will be determined by our Board of Directors upon any issuance of preferred shares in accordance with our Certificate of Incorporation.
There were no shares held in treasury as of March 31, 2026, December 31, 2025, or March 31, 2025.
Our common stock purchases (all of which were open market purchases) and subsequent retirements for the year-to-date periods ended are as follows:
in millions, except average priceMarch 31
2026
December 31
2025
March 31
2025
Number of shares purchased and retired0.5 1.5 0.2 
Total purchase price 1
$149.5 $438.4 $38.1 
Average price per share
$296.47 $283.82 $224.36 
1.The amount paid to purchase shares in excess of the par value and related excise taxes are recorded in retained earnings.
As of March 31, 2026, 4,768,487 shares may be purchased under the current authorization of our Board of Directors.
Changes in total equity are summarized below:
Three Months Ended
March 31
in millions, except per share data20262025
Total Shareholders' Equity  
Balance at beginning of period$8,525.1 $8,118.6 
Net earnings attributable to Vulcan165.5 128.9 
Share-based compensation plans, net of shares withheld for taxes(37.9)(24.6)
Purchase and retirement of common stock(150.4)(38.1)
Share-based compensation expense15.5 13.9 
Cash dividends on common stock
($0.52/$0.49 per share, respectively)
(67.9)(66.0)
Other comprehensive income1.4 1.4 
Balance at end of period$8,451.3 $8,134.1 
Noncontrolling Interest 
Balance at beginning of period$23.8 $23.9 
Earnings attributable to noncontrolling interest
0.5 0.5 
Other noncontrolling interest
0.1 0.0 
Balance at end of period$24.4 $24.4 
Total Equity 
Balance at end of period$8,475.7 $8,158.5 
Form 10-Q
20
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Part I Financial Information
NOTE 13: SEGMENT REPORTING
Our operating segments are based on our internal management reporting structure. Our chief operating decision maker, the Chief Executive Officer, evaluates our operating results through reportable segment gross profit. This financial metric is used to review operating trends, perform analytical comparisons between periods and monitor budget-to-actual variances on a monthly basis in order to assess performance and allocate resources.
We have three operating (and reportable) segments organized around our principal product lines: Aggregates, Asphalt and Concrete. The vast majority of our activities are domestic. We sell a relatively small amount of construction aggregates outside the United States. Our Asphalt and Concrete segments are primarily supplied with their aggregates requirements from our Aggregates segment. These intersegment sales are made at local market prices for the particular grade and quality of product used in the production of asphalt mix and ready-mixed concrete and are excluded from total revenues.
Segment Financial Disclosure
Three Months Ended
March 31
in millions20262025
Total Revenues
Aggregates 1
$1,450.5 $1,335.9 
Asphalt 2
215.8 208.7 
Concrete187.5 177.0 
Segment sales$1,853.8 $1,721.6 
Aggregates intersegment sales(97.9)(87.0)
Total$1,755.9 $1,634.6 
Cost of Revenues
Aggregates$(952.3)$(891.6)
Asphalt(203.6)(203.9)
Concrete(177.3)(173.8)
Total$(1,333.2)$(1,269.3)
Gross Profit
Aggregates$400.3 $357.3 
Asphalt12.2 4.8 
Concrete10.2 3.2 
Total $422.7 $365.3 
Reconciliation to Pretax Earnings
Selling, administrative and general expenses$(135.7)$(138.3)
Other operating expense, net
(21.6)(0.6)
Other nonoperating income (expense), net1.4 (2.6)
Interest expense, net(53.9)(59.7)
Earnings from continuing operations before income taxes$212.9 $164.1 
1.Includes product sales (crushed stone, sand and gravel, sand and other aggregates), freight & delivery costs that we pass along to our customers, and service revenues (see Note 4) related to our aggregates business.
2.Includes product sales as well as service revenues (see Note 4) from our asphalt construction paving business.
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Form 10-Q

Part I Financial Information
Segment Financial Disclosure (Continued)
Three Months Ended
March 31
in millions20262025
Depreciation, Depletion, Accretion and Amortization 1
Aggregates$145.9 $150.4 
Asphalt11.2 12.0 
Concrete4.0 15.4 
Other9.2 8.6 
Total$170.3 $186.4 
Capital Expenditures 2
Aggregates$73.4 $91.2 
Asphalt6.0 5.1 
Concrete1.9 6.8 
Corporate9.1 2.2 
Total$90.4 $105.3 
Identifiable Assets 3
Aggregates$14,415.2 $14,351.9 
Asphalt 733.8 815.0 
Concrete
1,037.3 1,043.3 
Total identifiable assets
$16,186.3 $16,210.2 
General corporate assets342.9 309.0 
Cash and cash equivalents and restricted cash143.7 192.9 
Total$16,672.9 $16,712.1 
1.Depreciation, Depletion, Accretion & Amortization (DDA&A) for each segment is included in cost of revenues.
2.Capital expenditures include changes in accruals for purchases of property, plant & equipment. Capital expenditures exclude property, plant & equipment obtained by business acquisitions.
3.Certain temporarily idled assets are included within a segment's Identifiable Assets, but the associated DDA&A is shown within Other in the DDA&A section above as the related DDA&A is excluded from segment gross profit.

Form 10-Q
22
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Part I Financial Information
NOTE 14: SUPPLEMENTAL CASH FLOW INFORMATION
Supplemental information referable to our Condensed Consolidated Statements of Cash Flows is summarized below:
Three Months Ended
March 31
in millions20262025
Cash Payments 1
Interest (exclusive of amount capitalized)$13.4 $27.9 
Income taxes2.6 1.7 
Noncash Investing and Financing Activities
Accruals for purchases of property, plant & equipment$37.7 $33.2 
Recognition of new and revised lease obligations:
Operating lease right-of-use assets17.4 54.0 
Finance lease right-of-use assets1.9 2.7 
Consideration payable to seller in business acquisitions0.0 6.7 
1.Excludes changes in accruals.
NOTE 15: GOODWILL
Goodwill is recognized when the consideration paid for a business exceeds the fair value of the tangible and identifiable intangible assets acquired. Goodwill is allocated to reporting units for purposes of testing goodwill for impairment. We test goodwill for impairment on an annual basis or more frequently if events or circumstances change in a manner that would more likely than not reduce the fair value of a reporting unit below its carrying value.
There were no charges for goodwill impairment in the three-month periods ended March 31, 2026 or 2025. Accumulated goodwill impairment losses amount to $390.2 million ($252.7 million in our former Cement segment and $137.5 million in our Concrete segment).
Changes in the carrying amount of goodwill by reportable segment from December 31, 2025 to March 31, 2026 are shown below:
in millionsAggregatesAsphaltConcreteTotal
Goodwill at December 31, 2025$3,666.0 $91.6 $23.3 $3,780.9 
Goodwill of acquired businesses
0.0 0.0 0.0 0.0 
Goodwill of divested businesses
0.0 0.0 0.0 0.0 
Goodwill at March 31, 2026 $3,666.0 $91.6 $23.3 $3,780.9 

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23
Form 10-Q

Part I Financial Information
NOTE 16: ACQUISITIONS AND DIVESTITURES
Business Acquisitions
2026 BUSINESS ACQUISITIONS — Through the three months ended March 31, 2026, we completed no business acquisitions.
2025 BUSINESS ACQUISITIONS — During 2025, we completed no business acquisitions.
Divestitures and Pending Divestitures
In the first quarter of 2025, we sold non-strategic aggregates locations in rural West Texas with limited reserves resulting in an immaterial gain.
During the fourth quarter of 2025, we entered into an agreement for the disposition of our ready-mixed concrete businesses in California. Subject to obtaining regulatory approvals and the satisfaction of other customary closing conditions, we expect to close this transaction in the first half of 2026. The probable divestiture of these assets and liabilities was presented as held for sale in the accompanying Condensed Balance Sheet at March 31, 2026 and December 31, 2025. The fair value less cost to sell exceeded the carrying value of the assets and liabilities held for sale. The carrying value of the major classes of assets and liabilities classified as held for sale as of March 31, 2026 and December 31, 2025 are as follows:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Held for Sale
Inventory$5.9 $5.9 $0.0 
Land and land improvements, net129.2 138.1 0.0 
Buildings, machinery and equipment, net150.4 150.2 0.0 
Operating leases, net26.3 27.5 0.0 
Finance leases, net6.0 6.2 0.0 
Amortizable intangible assets, net379.7 379.7 0.0 
Other assets, net
0.7 0.9 0.0 
Total assets held for sale$698.2 $708.5 $0.0 
Current operating lease liabilities$(4.4)$(4.6)$0.0 
Current finance lease liabilities(1.6)(1.8)0.0 
Noncurrent operating lease liabilities(21.2)(22.3)0.0 
Noncurrent finance lease liabilities(0.3)(0.6)0.0 
Total liabilities held for sale$(27.5)$(29.3)$0.0 

Form 10-Q
24
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Part I Financial Information
NOTE 17: NEW ACCOUNTING STANDARDS
Accounting Standards Recently Adopted
None.
Accounting Standards Pending Adoption
In November 2024, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2024-03, "Disaggregation of Income Statement Expenses," which requires disaggregated disclosure of prescribed expense categories within relevant income statement captions. The new standard is effective for fiscal years beginning after December 15, 2026 and is to be applied prospectively. We are assessing the effect of this ASU on our consolidated financial statements and related disclosures.
In September 2025, the FASB issued ASU 2025-06, "Targeted Improvements to the Accounting for Internal-Use Software," which clarifies and modernizes the accounting for costs related to internal-use software. The standard removes software development project stages and requires companies to capitalize costs when both 1) management authorizes or commits to funding a software project and 2) it is probable that the project will be completed and the software will be used to perform the function intended. The new standard is effective for fiscal years beginning after December 15, 2027 and can be applied using either a prospective, modified or retrospective transition approach. We are assessing the effect of this ASU on our consolidated financial statements and related disclosures.
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25
Form 10-Q

Part I Financial Information
 Item 2
Management’s Discussion and Analysis of Financial Condition and Results of Operations
General Comments
OVERVIEW
We provide the basic materials for the infrastructure needed to maintain and expand the U.S. economy. We operate primarily in the U.S. and are the nation's largest supplier of construction aggregates (primarily crushed stone, sand and gravel) and a major producer of aggregates-intensive downstream products such as asphalt mix and ready-mixed concrete. Our strategy and competitive advantage are based on our strength in aggregates which are used in most types of construction and in the production of asphalt mix and ready-mixed concrete.
Demand for our products is dependent on construction activity and correlates positively with changes in population, employment and household formations. End uses include public construction (e.g., highways, bridges, buildings, airports, schools, prisons, sewer and waste disposal systems, water supply systems, dams, reservoirs and other public construction projects), private nonresidential construction (e.g., manufacturing, retail, offices and warehouses) and private residential construction (e.g., single-family houses, duplexes, apartment buildings and condominiums).
Aggregates have a very high weight-to-price ratio and, in most cases, must be produced near where they are used; if not, transportation can cost more than the materials, rendering them uncompetitive compared to locally produced materials. Exceptions to this typical market structure include areas along the U.S. Gulf Coast and the Eastern Seaboard where there are limited supplies of locally available, high-quality aggregates. We serve these markets from quarries that have access to cost-effective long-haul transportation, including shipping by barge, rail and our fleet of Panamax-class, self-unloading ships. Additionally, we serve markets in California and Hawaii from our quarry in British Columbia, Canada by means of a long-term marine shipping agreement with CSL Americas.
There are limited substitutes for quality aggregates. Due to zoning and permitting regulations and high transportation costs relative to the value of the product, the location of reserves is a critical factor to our long-term success.
No material part of our business depends upon any single customer whose loss would have a significant adverse effect on our business. In 2025, our five largest customers accounted for approximately 7% of our total revenues, and no single customer accounted for more than 2% of our total revenues. Although approximately 40% to 55% of our aggregates shipments have historically been used in publicly-funded construction, such as highways, airports and government buildings, a relatively small portion of our sales are made directly to federal, state, county or municipal governments/agencies. Therefore, although reductions in state and federal funding can curtail publicly-funded construction, the vast majority of our business is not directly subject to renegotiation of profits or termination of contracts with local, state or federal governments. In addition, our sales to government entities span several hundred entities coast-to-coast, ensuring that negative changes to various government budgets would have a muted impact across such a diversified set of government customers.
While aggregates is our focus and primary business, we believe vertical integration between aggregates and downstream products, such as asphalt mix and ready-mixed concrete, can be managed effectively in certain markets to generate attractive financial returns and enhance financial returns in our core Aggregates segment. We produce and sell aggregates-intensive asphalt mix and/or ready-mixed concrete products in our Alabama, Arizona, California, Maryland, New Mexico, Tennessee, Texas, Virginia, U.S. Virgin Islands and Washington D.C. markets. Aggregates comprise approximately 95% of asphalt mix by weight and 80% of ready-mixed concrete by weight. In both of these downstream businesses, aggregates are primarily supplied from our operations.
SEASONALITY AND CYCLICAL NATURE OF OUR BUSINESS
Almost all of our products are produced and consumed outdoors. Seasonal changes and other weather-related conditions can affect the production and sales volume of our products. Therefore, the financial results for any quarter do not necessarily indicate the results expected for the year. Normally, the highest sales and earnings are in the third quarter, and the lowest are in the first quarter. Furthermore, our sales and earnings are sensitive to national, regional and local economic conditions, demographic and population fluctuations, and particularly to cyclical swings in construction spending, primarily in the private sector.
Form 10-Q
26
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Part I Financial Information
Executive Summary
FINANCIAL HIGHLIGHTS FOR FIRST QUARTER 2026
Compared to first quarter of 2025:
Total revenues increased $121.3 million, or 7%, to $1,755.9 million
Gross profit increased $57.4 million, or 16%, to $422.7 million
Aggregates segment sales increased $114.6 million, or 9%, to $1,450.5 million
Aggregates segment freight-adjusted revenues increased $87.0 million, or 8%, to $1,139.0 million
Shipments increased 5%, or 2.2 million tons, to 50.0 million tons
Freight-adjusted sales price increased 3.5%, or $0.77 per ton, to $22.80
Aggregates segment gross profit increased $43.0 million, or 12%, to $400.3 million
Unit profitability (as measured by gross profit per ton) increased 7% to $8.01 per ton
Asphalt and Concrete segment gross profit increased $14.4 million to $22.4 million, collectively
Selling, administrative and general (SAG) expenses decreased $2.6 million and decreased 80 basis points as a percentage of total revenues
Operating earnings increased $39.0 million, or 17%, to $265.4 million
Earnings attributable to Vulcan from continuing operations were $1.27 per diluted share compared to $0.98 per diluted share
Adjusted earnings attributable to Vulcan from continuing operations were $1.35 per diluted share compared to $1.00 per diluted share
Net earnings attributable to Vulcan were $165.5 million, an increase of $36.6 million, or 28%
Adjusted EBITDA was $447.1 million, an increase of $36.2 million, or 9%
Returned capital to shareholders via dividends of $67.9 million at $0.52 per share versus $66.0 million at $0.49 per share
Returned capital to shareholders via share repurchases of $149.5 million at $296.47 average price per share compared to $38.1 million at $224.36 average price per share
The combination of our advantaged aggregates-led business and consistent focus on our strategic disciplines resulted in a 28% improvement in net earnings attributable to Vulcan, 9% growth in Adjusted EBITDA, and a 40 basis point expansion in Adjusted EBITDA margin in the first quarter. Our strategy and execution, enhanced by innovation and technology, position us well to deliver strong earnings growth and cash generation. With this focus, and the financial strength and flexibility to grow, we will continue to drive sustainable value creation and win the future in aggregates.
Through the first three months, cash provided by operating activities was $241.1 million. Capital expenditures for maintenance and growth projects were $90.4 million in the first quarter. We returned $67.9 million to shareholders through dividends (a 3% increase versus the prior year) and $149.5 million through share repurchases (a 292% increase versus the prior year). As of March 31, 2026, the ratio of total debt to trailing-twelve months Adjusted EBITDA was 1.9 times (1.9 times on a net debt basis, reflecting $143.7 million of cash on hand). Our weighted-average debt maturity was 13.1 years, and our weighted-average effective interest rate was 4.99%.
On a trailing-twelve months basis, return on invested capital of 16.0% decreased 20 basis points over the prior year primarily as a result of acquisitions completed in the fourth quarter of 2024.
We remain well positioned for continued growth with a strong liquidity position and balance sheet profile.
OUTLOOK
We reiterate our full-year outlook to deliver between $2.4 and $2.6 billion of Adjusted EBITDA. Our execution in the first quarter, in addition to a healthy backlog supported by large projects and public construction activity, gives us good momentum heading into the rest of the year. We continue to monitor the potential impacts from geopolitical uncertainty but, as always, will remain focused on what we can control to drive durable growth.

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27
Form 10-Q

Part I Financial Information
Results of Operations
Total revenues are primarily derived from our product sales of aggregates, asphalt mix and ready-mixed concrete, and include freight & delivery costs that we pass along to our customers to deliver these products. We also generate service revenues from our asphalt construction paving business and services related to our aggregates business. We present separately our discontinued operations, which consist of our former Chemicals business.
The following table highlights significant components of our consolidated operating results including EBITDA and Adjusted EBITDA.
CONSOLIDATED OPERATING RESULTS HIGHLIGHTS
Three Months Ended
March 31
in millions, except per share and per unit data20262025
Total revenues$1,755.9 $1,634.6 
Cost of revenues(1,333.2)(1,269.3)
Gross profit422.7 365.3 
Gross profit margin24.1%22.3%
Selling, administrative and general expenses(135.7)(138.3)
SAG as a percentage of total revenues7.7%8.5%
Gain (loss) on sale of property, plant & equipment and businesses(0.3)7.4 
Operating earnings265.4 226.4 
Interest expense, net(53.9)(59.7)
Earnings from continuing operations before income taxes
212.9 164.1 
Income tax expense(45.9)(33.8)
Effective tax rate from continuing operations21.6%20.6%
Earnings from continuing operations167.0 130.3 
Loss on discontinued operations, net of tax(1.0)(0.9)
Earnings attributable to noncontrolling interest
(0.5)(0.5)
Net earnings attributable to Vulcan$165.5 $128.9 
Diluted earnings (loss) per share attributable to Vulcan
Continuing operations $1.27 $0.98 
Discontinued operations(0.01)(0.01)
Net earnings$1.26 $0.97 
EBITDA 1
$435.1 $408.4 
Adjusted EBITDA 1
$447.1 $410.9 
Average Sales Price and Unit Shipments
 Aggregates
Tons50.0 47.8 
Freight-adjusted sales price$22.80 $22.03 
 Asphalt Mix
Tons2.3 2.2 
Average sales price$83.71 $81.32 
 Ready-mixed concrete
Cubic yards1.0 0.9 
Average sales price$190.45 $189.38 
1.Non-GAAP measures are defined and reconciled within this Item 2 under the caption "Reconciliation of Non-GAAP Financial Measures."
Form 10-Q
28
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Part I Financial Information
FIRST QUARTER 2026 COMPARED TO FIRST QUARTER 2025
First quarter 2026 total revenues were $1,755.9 million, up 7% from the first quarter of 2025. Shipments increased in aggregates (+5%), asphalt mix (+2%) and ready-mixed concrete (+6%). Gross profit increased in the Aggregates segment (+$43.0 million or 12%), the Asphalt segment (+$7.4 million or 157%) and the Concrete segment (+$7.0 million or 219%).
Net earnings attributable to Vulcan for the first quarter of 2026 were $165.5 million, or $1.26 per diluted share, compared to $128.9 million, or $0.97 per diluted share, in the first quarter of 2025. Each period’s results were impacted by discrete items, as follows:
Net earnings attributable to Vulcan for the first quarter of 2026 include:
pretax charges of $2.0 million associated with divested operations
pretax charges of $8.6 million related to CEO transition and reorganization charges
pretax loss on discontinued operations of $1.4 million
$2.2 million of tax charges related to a valuation allowance against Calica deferred tax assets, including NOL carryforwards
Net earnings attributable to Vulcan for the first quarter of 2025 include:
pretax charges of $1.2 million associated with non-routine acquisitions
pretax loss on discontinued operations of $1.3 million
$1.7 million of tax charges related to a valuation allowance against Calica deferred tax assets, including NOL carryforwards
Adjusted for these discrete items, earnings attributable to Vulcan from continuing operations (Adjusted Diluted EPS) were $1.35 per diluted share for the first quarter of 2026 compared to $1.00 per diluted share for the first quarter of 2025.
CONTINUING OPERATIONS — Changes in earnings from continuing operations before income taxes for the first quarter of 2026 versus the first quarter of 2025 are summarized below:
in millions
First quarter 2025
$164.1 
Higher aggregates gross profit43.0 
Higher asphalt gross profit7.4 
Higher concrete gross profit7.0 
Lower selling, administrative and general expenses
2.6 
Lower gain on sale of property, plant & equipment and businesses(7.7)
Lower interest expense, net
5.8 
All other(9.3)
First quarter 2026
$212.9 
Widespread pricing growth and effective cost control from operational execution led to a 3% improvement in aggregates cash gross profit per ton, from $10.63 per ton in the prior year to $10.93 per ton in the first quarter of 2026. First quarter Aggregates segment gross profit increased 12% to $400.3 million ($8.01 on a per ton basis), and gross profit margin expanded 90 basis points to 27.6%. On a trailing-twelve months basis, cash gross profit per ton was $11.38, increasing 4% over the prior year.
As compared to the prior year, first quarter aggregates shipments increased 5%, supported by large projects and continued growth in public construction activity, as well as the benefit of more typical weather in some markets. Shipments in the prior year's first quarter were impacted by severe winter weather conditions.
Price increases effective at the beginning of the year resulted in widespread pricing growth across our footprint. Aggregates freight-adjusted selling prices increased 3.5% compared to the prior year (4.1% on a mix-adjusted basis). Consistent with expectations, first quarter freight-adjusted unit cost of sales increased a modest 2% (4% on a unit cash cost of sales basis).
On a trailing-twelve months basis, aggregates unit cash cost of sales increased 4%, from $10.40 to $10.77 per ton. We remain focused on managing costs that we can control and improving operating efficiencies.
Overall, non-aggregates segments gross profit of $22.4 million was $14.4 million higher than the prior year’s first quarter.
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29
Form 10-Q

Part I Financial Information
Asphalt segment gross profit was $12.2 million (a 157% improvement over the prior year), and cash gross profit was $23.4 million (a 39% improvement over the prior year). Gross profit margin remained strong and expanded to 5.7%. Gross profit per ton increased 152%, and cash gross profit per ton improved 36%. First quarter results in the prior year included our Houston asphalt and construction business that was divested in the fourth quarter of 2025.
Concrete segment gross profit was $10.2 million, and cash gross profit was $14.2 million. Gross profit margin expanded to 5% and unit gross profit increased 202%, while unit cash gross profit decreased 28%. First quarter results included our California ready-mixed concrete business which is classified as held for sale (see Note 16 to the condensed consolidated financial statements). The disposition of these assets is expected to close in the second quarter of 2026, subject to final regulatory approvals and other customary closing conditions.
SAG expense was $135.7 million for the first quarter compared to $138.3 million in the prior year. For the quarter, SAG expense as a percent of total revenues improved 80 basis points, to 7.7%. On a trailing-twelve months basis, SAG expense was 7.0% of total revenues, a 20 basis point improvement from the prior year.
Gain (loss) on sale of property, plant & equipment and businesses was $(0.3) million in the first quarter of 2026 compared to $7.4 million in the first quarter of 2025.
Net other operating expense, which is composed primarily of idle facilities expense, environmental remediation costs, gain (loss) on settlement of AROs, finance charges collected, and rental income, was $21.3 million of expense for the first quarter of 2026 compared to $8.0 million of expense in the first quarter of 2025. The first quarter of 2026 included $8.6 million of employee termination and other discrete charges directly related to organizational changes resulting from the appointment of our new Chief Executive Officer, effective January 1, 2026.
Net other nonoperating income (expense) was $1.4 million of income for the first quarter of 2026 compared to $(2.6) million of expense in the first quarter of 2025.
Net interest expense was $53.9 million in the first quarter of 2026 compared to $59.7 million in the first quarter of 2025. The reduction in interest expense was attributable to reduced debt levels.
Income tax expense from continuing operations was $45.9 million in the first quarter of 2026 compared to $33.8 million in the first quarter of 2025. The increase in tax expense was primarily due to the increase in pretax earnings in 2026.
Earnings attributable to Vulcan from continuing operations were $1.27 per diluted share in the first quarter of 2026 compared to $0.98 per diluted share in the first quarter of 2025.
DISCONTINUED OPERATIONS — First quarter pretax loss from discontinued operations was $1.4 million in 2026 compared with a pretax loss of $1.3 million in 2025. Both periods include charges related to general and product liability costs, including legal defense costs, and environmental remediation costs associated with our former Chemicals business. For additional details, see Note 1 to the condensed consolidated financial statements under the caption Discontinued Operations.
KNOWN TRENDS OR UNCERTAINTIES
Inflationary pressures and labor constraints can be factors that impact our operations. Although inflationary pressures can create short-term to medium-term headwinds, the combination of inflation and visibility of demand may create a favorable environment for price increases. Additionally, labor constraints can cause delays and inefficiencies in our operations as well as those of our customers. If labor constraints continue, our operations may proceed at a slower pace, which may effectively extend the recovery while allowing us the opportunity to compound price, control costs and grow earnings.
Our industry is experiencing uncertainty due to rapid changes in global trade policies including announced tariff increases, potential additional tariff increases, potential new or renegotiated bilateral or multilateral trade agreements, and other measures that could restrict international trade. Additionally, on February 28, 2026, a military conflict commenced in the Middle East involving the United States, Israel and Iran. Although we have no operations in the Middle East, the ongoing geopolitical conflict in the region could lead to significant disruption of energy supplies and increases in global energy prices, which could heighten inflationary pressures and disrupt global supply chains. Economic pressures on our customers, including the challenges of inflation, heightened geopolitical tensions and the impact of tariffs and other trade measures, may negatively impact our shipment volumes. We will continue to evaluate the evolving macroeconomic environment to take action to mitigate the impact on our business.
Form 10-Q
30
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Part I Financial Information
Further, the Mexican government has taken actions adverse to our property and operations in Mexico. On May 5, 2022, Mexican government officials presented employees at our Calica operations in Quintana Roo, Mexico with arbitrary shutdown orders to immediately cease underwater quarrying and extraction operations. On May 13, 2022, the Mexican government suspended the three-year customs permit granted in March 2022 to Calica. In September 2024, the Mexican government ordered the closure of Calica's already-suspended quarrying activities and the shutdown of certain activities at Calica's Punta Venado port facilities. On September 23, 2024, the President of Mexico signed a presidential decree declaring the entirety of Calica's properties as a "Natural Protected Area" (the "ANP Decree"). Among other provisions, the ANP Decree prohibits Calica from extracting petrous or construction materials from its properties. We strongly believe that the actions taken by Mexico are arbitrary and illegal, and we intend to vigorously pursue all lawful avenues available to us in order to protect our rights, under both Mexican and international law. For additional information regarding our Calica operations, see the NAFTA Arbitration section in Note 8 to the condensed consolidated financial statements.
Reconciliation of Non-GAAP Financial Measures
AGGREGATES SEGMENT FREIGHT-ADJUSTED REVENUES
Aggregates segment freight-adjusted revenues is not a Generally Accepted Accounting Principle (GAAP) measure and should not be considered as an alternative to metrics defined by GAAP. We present this measure as it is consistent with the basis by which we review our operating results. We believe that this presentation is consistent with our competitors and meaningful to our investors as it excludes revenues associated with freight & delivery, which are pass-through activities. It also excludes other revenues related to services, such as landfill tipping fees, that are derived from our aggregates business. Additionally, we use this metric as the basis for calculating the average sales price of our aggregates products. Reconciliation of this metric to its nearest GAAP measure is presented below:
Three Months Ended
March 31
in millions, except per ton data20262025
Aggregates segment
Segment sales$1,450.5 $1,335.9 
Freight & delivery revenues 1
(288.2)(264.3)
Other revenues(23.3)(19.6)
Freight-adjusted revenues$1,139.0 $1,052.0 
Unit shipments - tons50.0 47.8 
Freight-adjusted sales price$22.80 $22.03 
1.At the segment level, freight & delivery revenues include intersegment freight & delivery (which are eliminated at the consolidated level) and freight to remote distribution sites.
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31
Form 10-Q

Part I Financial Information
CASH GROSS PROFIT
GAAP does not define “cash gross profit,” and it should not be considered as an alternative to earnings measures defined by GAAP. We and the investment community use this metric to assess the operating performance of our business. Additionally, we present this metric as we believe that it closely correlates to long-term shareholder value. Cash gross profit adds back noncash charges for depreciation, depletion, accretion and amortization to gross profit. Segment cash gross profit per unit is computed by dividing segment cash gross profit by units shipped. Segment cash cost of sales per unit is computed by subtracting segment cash gross profit per unit from segment freight-adjusted sales price. Segment freight-adjusted sales price is calculated by dividing revenues generated from the shipment of product (excluding service revenues generated by the segments) by the total units of the product shipped. Reconciliation of these metrics to their nearest GAAP measures are presented below:
Three Months Ended
March 31
in millions, except per unit data20262025
Aggregates segment
Gross profit$400.3 $357.3 
Depreciation, depletion, accretion and amortization145.9 150.4 
Cash gross profit$546.2 $507.7 
Unit shipments - tons50.0 47.8 
Gross profit per ton$8.01 $7.48 
Freight-adjusted sales price$22.80 $22.03 
Cash gross profit per ton10.93 10.63 
Freight-adjusted cash cost of sales per ton$11.87 $11.40 
Asphalt segment
Gross profit$12.2 $4.8 
Depreciation, depletion, accretion and amortization11.2 12.0 
Cash gross profit$23.4 $16.8 
Unit shipments - tons2.3 2.2 
Gross profit per ton$5.36 $2.13 
Average sales price$83.71 $81.32 
Cash gross profit per ton10.27 7.54 
Cash cost of sales per ton$73.44 $73.78 
Concrete segment
Gross profit$10.2 $3.2 
Depreciation, depletion, accretion and amortization4.0 15.4 
Cash gross profit$14.2 $18.6 
Unit shipments - cubic yards1.0 0.9 
Gross profit per cubic yard$10.34 $3.42 
Average sales price$190.45 $189.38 
Cash gross profit per cubic yard14.45 20.01 
Cash cost of sales per cubic yard$176.00 $169.37 
Form 10-Q
32
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Part I Financial Information
EBITDA AND ADJUSTED EBITDA
GAAP does not define “Earnings Before Interest, Taxes, Depreciation and Amortization” (EBITDA), and it should not be considered as an alternative to earnings measures defined by GAAP. We use this metric to assess the operating performance of our business and as a basis for strategic planning and forecasting as we believe that it closely correlates to long-term shareholder value. We do not use this metric as a measure to allocate resources. We adjust EBITDA for certain items to provide a more consistent comparison of earnings performance from period to period. Reconciliation of this metric to its nearest GAAP measure is presented below (numbers may not foot due to rounding):
Three Months Ended
March 31
Trailing-Twelve Months
March 31
in millions2026202520262025
Net earnings attributable to Vulcan$165.5 $128.9 $1,113.2 $938.2 
Income tax expense, including discontinued operations45.5 33.4 317.9 253.8 
Interest expense, net
53.9 59.7 220.5 190.9 
Depreciation, depletion, accretion and amortization170.3 186.4 732.4 667.7 
EBITDA$435.1 $408.4 $2,384.1 $2,050.6 
Loss on discontinued operations$1.4 $1.3 $6.2 $9.2 
Gain on sale of real estate and businesses, net
0.0 0.0 (42.4)(36.7)
Loss on impairments0.0 0.0 0.0 86.6 
Charges associated with divested operations2.0 0.0 2.6 17.7 
Acquisition related charges 1
0.0 1.2 0.8 17.4 
CEO transition and reorganization charges 2
8.6 0.0 8.6 0.0 
Adjusted EBITDA$447.1 $410.9 $2,359.8 $2,144.7 
Total revenues
$1,755.9 $1,634.6 $8,062.3 $7,506.6 
Adjusted EBITDA margin
25.5%25.1%29.3%28.6%
1.Represents charges associated with acquisitions requiring clearance under federal antitrust laws.
2.Represents employee termination and other discrete charges directly related to organizational changes resulting from the appointment of Ronnie Pruitt as Chief Executive Officer, effective January 1, 2026.
ADJUSTED DILUTED EPS ATTRIBUTABLE TO VULCAN FROM CONTINUING OPERATIONS
Similar to our presentation of Adjusted EBITDA, we present Adjusted diluted earnings per share (EPS) attributable to Vulcan from continuing operations to provide a more consistent comparison of earnings performance from period to period. This metric is not defined by GAAP and should not be considered as an alternative to earnings measures defined by GAAP. Reconciliation of this metric to its nearest GAAP measure is presented below:
Three Months Ended
March 31
20262025
Diluted net earnings per share attributable to Vulcan$1.26 $0.97 
Items included in Adjusted EBITDA above, net of tax0.07 0.02 
NOL carryforward valuation allowance0.02 0.01 
Adjusted diluted EPS attributable to Vulcan from continuing operations$1.35 $1.00 
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33
Form 10-Q

Part I Financial Information
NET DEBT TO ADJUSTED EBITDA
Net debt to Adjusted EBITDA is not a GAAP measure and should not be considered as an alternative to metrics defined by GAAP. We, the investment community and credit rating agencies use this metric to assess our leverage. Net debt subtracts cash and cash equivalents and restricted cash from total debt. Reconciliation of this metric to its nearest GAAP measure is presented below:
March 31
in millions20262025
Current maturities of long-term debt$0.0 $0.5 
Short-term debt197.0 0.0 
Long-term debt4,363.0 4,907.9 
Total debt$4,560.0 $4,908.4 
Cash and cash equivalents and restricted cash(143.7)(192.9)
Net debt$4,416.3 $4,715.5 
Trailing-Twelve Months (TTM) Adjusted EBITDA$2,359.8 $2,144.7 
Total Debt to TTM Adjusted EBITDA1.9x2.3x
Net Debt to TTM Adjusted EBITDA1.9x2.2x
RETURN ON INVESTED CAPITAL
We define “Return on Invested Capital” (ROIC) as Adjusted EBITDA for the trailing-twelve months divided by average invested capital (as illustrated below) during the trailing-five quarters. Our calculation of ROIC is considered a non-GAAP financial measure because we calculate ROIC using the non-GAAP metric EBITDA. We believe that our ROIC metric is meaningful because it helps investors assess how effectively we are deploying our assets. Although ROIC is a standard financial metric, numerous methods exist for calculating a company’s ROIC. As a result, the method we use to calculate our ROIC may differ from the methods used by other companies. This metric is not defined by GAAP and should not be considered as an alternative to earnings measures defined by GAAP. Reconciliation of this metric to its nearest GAAP measure is presented below (numbers may not foot due to rounding):
Trailing-Twelve Months
in millionsMarch 31
2026
March 31
2025
Adjusted EBITDA$2,359.8 $2,144.7 
Average invested capital
 Property, plant & equipment, net$8,386.8 $7,175.1 
 Goodwill3,809.6 3,624.3 
 Other intangible assets1,655.4 1,549.0 
 Fixed and intangible assets$13,851.8 $12,348.4 
 Current assets$2,021.7 $2,057.7 
 Cash and cash equivalents(214.4)(328.0)
 Current tax(25.4)(38.2)
 Adjusted current assets1,781.9 1,691.6 
 Current liabilities(1,006.1)(860.6)
 Current maturities of long-term debt0.4 80.5 
 Short-term debt149.4 19.0 
 Adjusted current liabilities(856.3)(761.1)
 Adjusted net working capital$925.5 $930.4 
Average invested capital$14,777.3 $13,278.8 
Return on invested capital16.0%16.2%
Form 10-Q
34
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Part I Financial Information
2026 PROJECTED ADJUSTED EBITDA
Projected Adjusted EBITDA is not defined by GAAP and should not be considered as an alternative to earnings measures defined by GAAP. Reconciliation of this metric to its nearest GAAP measure is presented below:
in millions2026 Projected Mid-point
Net earnings attributable to Vulcan$1,210 
Income tax expense, including discontinued operations350 
Interest expense, net
225 
Depreciation, depletion, accretion and amortization700 
Projected EBITDA$2,485 
Items included in Adjusted EBITDA
15 
Projected Adjusted EBITDA
$2,500 
Because GAAP financial measures on a forward-looking basis are not accessible, and reconciling information is not available without unreasonable effort, we have not provided reconciliations for forward-looking non-GAAP measures, other than the reconciliation of Projected Adjusted EBITDA as noted above. For the same reasons, we are unable to address the probable significance of the unavailable information, which could be material to future results.
Liquidity and Financial Resources
Our primary sources of liquidity are cash provided by our operating activities, a substantial, committed bank line of credit and our commercial paper program. Additional sources of capital include access to the capital markets, the sale of surplus real estate and dispositions of nonstrategic operating assets. We believe these financial resources are sufficient to fund our business requirements for 2026 including:
contractual obligations
capital expenditures
debt service obligations
dividend payments
potential acquisitions
potential share repurchases
Our balanced approach to capital deployment remains unchanged. We intend to balance reinvestment in our business, growth through acquisitions and return of capital to shareholders, while sustaining financial strength and flexibility.
We actively manage our capital structure and resources in order to balance the cost of capital and the risk of financial stress. We seek to meet these objectives by adhering to the following principles:
maintain substantial bank line of credit borrowing capacity
proactively manage our debt maturity schedule such that repayment/refinancing risk in any single year is low
maintain an appropriate balance of fixed-rate and floating-rate debt
minimize financial and other covenants that limit our operating and financial flexibility
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35
Form 10-Q

Part I Financial Information
CASH
Included in our March 31, 2026 cash and cash equivalents and restricted cash balances of $143.7 million is $3.5 million of restricted cash as described in Note 1 to the condensed consolidated financial statements under the caption "Restricted Cash."
Cash from Operating Activities
Three Months Ended
March 31
in millions20262025
Net earnings$166.0 $129.4 
Depreciation, depletion, accretion and amortization170.3 186.4 
Noncash operating lease expense13.5 13.5 
Net (gain) loss on sale of property, plant & equipment and businesses
0.3 (7.4)
Deferred income taxes, net3.3 (1.8)
Other operating cash flows, net 1
(112.3)(68.6)
Net cash provided by operating activities$241.1 $251.5 
1.Primarily reflects changes to working capital balances.
Net cash provided by operating activities was $241.1 million during the three months ended March 31, 2026, a $10.4 million decrease compared to the same period of 2025. The decrease was primarily attributable to negative cash flow changes in working capital balances of $43.7 million partially offset by higher cash earnings in 2026 ($36.6 million higher net earnings less $16.1 million lower non-cash depreciation, depletion, accretion and amortization).
Days sales outstanding, a measurement of the time it takes to collect receivables, were 39.9 days at March 31, 2026 compared to 42.3 days at March 31, 2025. Additionally, our over 90 day receivables balance was $17.9 million at March 31, 2026, a decrease of $10.6 million from the $28.5 million balance at March 31, 2025. All customer accounts are actively managed, and no losses in excess of amounts reserved are currently expected.
Cash from Investing Activities
Net cash used for investing activities was $174.9 million during the first three months of 2026, a $48.4 million increase compared to the same period of 2025. During the first three months of 2025, we sold businesses for $19.0 million, whereas there were no business dispositions in the first three months of 2026 (see Note 16 to the condensed consolidated financial statements). During the first three months of 2026, we invested $176.5 million in our existing operations (includes changes in accruals for property, plant & equipment) compared to $168.0 million in the prior year period. This $176.5 million investment includes both maintenance and internal growth projects to enhance our distribution capabilities, develop new production sites and improve existing production facilities.
Cash from Financing Activities
Net cash used for financing activities was $111.9 million during the first three months of 2026, a $421.0 million decrease compared to cash used of $532.9 million in the same period of 2025. The current year includes a $50.0 million note payment to the sellers of an acquisition completed in 2022 and $197.0 million of commercial paper borrowings used to fund working capital requirements. The prior year includes $400.4 million of cash paid to redeem the senior notes due 2025. Additionally, we returned $217.4 million to shareholders through $67.9 million of dividends ($0.52 per share compared to $0.49 per share) and $149.5 million of common stock repurchases (504,190 shares repurchased at $296.47 average price per share in 2026 compared to 170,000 shares repurchased at $224.36 average price per share in 2025).
Form 10-Q
36
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Part I Financial Information
DEBT
Certain debt measures are presented below:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Debt
Current maturities of long-term debt$0.0 $0.4 $0.5 
Short-term debt197.0 0.0 0.0 
Long-term debt4,363.0 4,361.7 4,907.9 
Total debt$4,560.0 $4,362.1 $4,908.4 
Capital
Total debt$4,560.0 $4,362.1 $4,908.4 
Total equity8,475.7 8,548.9 8,158.5 
Total capital$13,035.7 $12,911.0 $13,066.9 
Total Debt as a Percentage of Total Capital35.0%33.8%37.6%
Weighted-Average Effective Interest Rates
  Line of credit 1
1.13%1.13%1.13%
  Commercial paper3.95%3.85%4.69%
  Term debt5.04%5.04%5.04%
Fixed Versus Floating Interest Rate Debt
  Fixed-rate debt95.8%100.0%89.0%
  Floating-rate debt4.2%0.0%11.0%
1.Reflects the margin above SOFR for SOFR-based borrowings; we also paid upfront fees that are amortized to interest expense and pay fees for unused borrowing capacity and standby letters of credit.
At March 31, 2026, total debt to trailing-twelve months Adjusted EBITDA was 1.9 times (1.9 times on a net debt basis reflecting $143.7 million of cash on hand). Our weighted-average debt maturity was 13.1 years, and our total weighted-average effective interest rate was 4.99%.
Line of Credit and Commercial Paper Program
Our $1,600.0 million unsecured commercial paper program was established in August 2022 and matures in November 2029. Our commercial paper is fully back-stopped by our line of credit and contains covenants customary for an unsecured investment-grade facility. As of March 31, 2026, we were in compliance with the commercial paper covenants. Commercial paper borrowings bear interest at rates determined at the time of borrowing and as agreed between us and the commercial paper investors. As of March 31, 2026, we had $197.0 million in short-term commercial paper borrowings with a 3.95% effective interest rate.
Our $1,600.0 million unsecured line of credit was amended in November 2024 to extend the maturity date from August 2027 to November 2029. Our line of credit contains covenants customary for an unsecured investment-grade facility. Covenants, borrowings, cost ranges and other details are described in Note 7 to the condensed consolidated financial statements. As of March 31, 2026, we were in compliance with the covenants, the margin for SOFR borrowings was 1.125%, the margin for base rate borrowings was 0.125% and the commitment fee for the unused amount was 0.100%.
As of March 31, 2026, our available borrowing capacity under the line of credit was $1,576.9 million. Utilization of the borrowing capacity was as follows:
None was borrowed
$23.1 million was used to support standby letters of credit
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37
Form 10-Q

Part I Financial Information
Term Debt
All of our $4,440.1 million (face value) of term debt is unsecured. All of the covenants in the debt agreements are customary for investment-grade facilities. As of March 31, 2026, we were in compliance with all term debt covenants. In March 2025, we redeemed the $400.0 million senior notes due April 2025 using cash on hand.
Additionally, in February 2026, we paid a $50.0 million note payable (included in Other current liabilities in the accompanying Condensed Consolidated Balance Sheet at December 31, 2025) related to an acquisition completed in 2022.
Current Maturities of Long-term Debt
There were no current maturities of long-term debt as of March 31, 2026.
Debt Ratings
Our debt ratings and outlooks as of March 31, 2026 are as follows:
Short-termLong-termOutlook
FitchF1BBB+
Stable
Moody'sP-2Baa2Stable
Standard & Poor'sA-2BBB+Stable

EQUITY
The number of our common stock issuances and purchases for the year-to-date periods ended are as follows:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Common stock shares at January 1, issued and outstanding130.6132.1132.1
Common stock issued for share-based compensation plans0.20.20.2
Common stock purchased and retired(0.5)(1.5)(0.2)
Common stock shares at end of period, issued and outstanding130.3130.6132.1
As of March 31, 2026, there were 4,768,487 shares remaining under the February 2017 share purchase authorization by our Board of Directors. Depending upon market, business, legal and other conditions, we may purchase shares from time to time through the open market (including plans designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934) and/or privately negotiated transactions. The authorization has no time limit, does not obligate us to purchase any specific number of shares and may be suspended or discontinued at any time.
The detail of our common stock purchases (all of which were open market purchases) for the year-to-date periods ended are as follows:
in millions, except average price
March 31
2026
December 31
2025
March 31
2025
Number of shares purchased and retired0.51.50.2
Total purchase price$149.5 $438.4 $38.1 
Average price per share
$296.47 $283.82 $224.36 
There were no shares held in treasury as of March 31, 2026, December 31, 2025 and March 31, 2025.
Off-Balance Sheet Arrangements
We have no off-balance sheet arrangements such as financing or unconsolidated variable interest entities.
Form 10-Q
38
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Part I Financial Information
Standby Letters of Credit
For a discussion of our standby letters of credit, see Note 7 to the condensed consolidated financial statements.
Critical Accounting Policies
We follow certain significant accounting policies when preparing our consolidated financial statements. A summary of these policies is included in our Annual Report on Form 10-K for the year ended December 31, 2025 (Form 10-K).
We prepare these financial statements to conform with accounting principles generally accepted in the United States of America. These principles require us to make estimates and judgments that affect our reported amounts of assets, liabilities, revenues and expenses, and the related disclosures of contingent assets and contingent liabilities at the date of the financial statements. We base our estimates on historical experience, current conditions and various other assumptions we believe reasonable under existing circumstances and evaluate these estimates and judgments on an ongoing basis. The results of these estimates form the basis for our judgments about the carrying values of assets and liabilities as well as identifying and assessing the accounting treatment with respect to commitments and contingencies. Our actual results may materially differ from these estimates.
We believe that the accounting policies described in the “Management's Discussion and Analysis of Financial Condition and Results of Operations” section of our Form 10-K require the most significant judgments and estimates used in the preparation of our consolidated financial statements, so we consider these to be our critical accounting policies. There have been no changes to our critical accounting policies during the three months ended March 31, 2026.
New Accounting Standards
For a discussion of the accounting standards recently adopted or pending adoption and the effect such accounting changes will have on our results of operations, financial position or liquidity, see Note 17 to the condensed consolidated financial statements.
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39
Form 10-Q

Part I Financial Information
Forward-Looking Statements
Certain matters discussed in this report, including expectations regarding future performance, contain forward-looking statements that are subject to assumptions, risks and uncertainties that could cause actual results to differ materially from those projected. These assumptions, risks and uncertainties include, but are not limited to:
general economic and business conditions
our dependence on the construction industry, which is subject to economic cycles
the timing and amount of federal, state and local funding for infrastructure
changes in the level of spending for private residential and private nonresidential construction
changes in our effective tax rate
domestic and global political, economic or diplomatic developments, including the military conflict in the Middle East involving the United States, Israel and Iran
the increasing reliance on information technology infrastructure, including the risks that the infrastructure does not work as intended, experiences technical difficulties or is subjected to cyber-attacks
the impact of the state of the global economy on our businesses and financial condition and access to capital markets
international business operations and relationships, including actions taken by the Mexican government with respect to our property and operations in that country
the highly competitive nature of the construction industry
a pandemic, epidemic or other public health emergency
the impact of future regulatory or legislative actions, including those relating to climate change, biodiversity, land use, wetlands, greenhouse gas emissions, the definition of minerals, tax policy and domestic and international trade
the outcome of pending legal proceedings
pricing of our products
weather and other natural phenomena, including the impact of climate change and availability of water
availability and cost of trucks, railcars, barges and ships, as well as their licensed operators, for transport of our materials
energy costs
costs of hydrocarbon-based raw materials
healthcare costs
labor relations, shortages and constraints
the amount of long-term debt and interest expense we incur
changes in interest rates
volatility in pension plan asset values and liabilities, which may require cash contributions to the pension plans
the impact of environmental cleanup costs and other liabilities relating to existing and/or divested businesses
our ability to secure and permit aggregates reserves in strategically located areas
our ability to identify, close and successfully integrate acquisitions
the effect of changes in tax laws, guidance and interpretations
significant downturn in the construction industry may result in the impairment of goodwill or long-lived assets
changes in technologies, which could disrupt the way we do business and how our products are distributed
the risks of open pit and underground mining
expectations relating to sustainability considerations
claims that our products do not meet regulatory requirements or contractual specifications
other assumptions, risks and uncertainties detailed from time to time in our periodic reports filed with the Securities and Exchange Commission
All forward-looking statements are made as of the date of filing or publication. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law. Investors are cautioned not to rely unduly on such forward-looking statements when evaluating the information presented in our filings, and are advised to consult any of our future disclosures in filings made with the Securities and Exchange Commission and our press releases with regard to our business and consolidated financial position, results of operations and cash flows.
Form 10-Q
40
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Part I Financial Information
Investor Information
We make available on our website, www.vulcanmaterials.com, free of charge, copies of our:
Annual Report on Form 10-K
Quarterly Reports on Form 10-Q
Current Reports on Form 8-K
Our website also includes amendments to those reports filed with or furnished to the Securities and Exchange Commission (SEC) pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 as well as all Forms 3, 4 and 5 filed with the SEC by our executive officers and directors, as soon as the filings are made publicly available by the SEC on its EDGAR database (www.sec.gov).
In addition to accessing copies of our reports online, you may request a copy of our Annual Report on Form 10-K, including financial statements, by writing to the Office of the General Counsel, Vulcan Materials Company, 1200 Urban Center Drive, Birmingham, Alabama 35242.
We have a:
Business Conduct Policy applicable to all employees and directors
Code of Ethics for the CEO and Senior Financial Officers
Copies of the Business Conduct Policy and the Code of Ethics are available on our website under the “Investor Relations” tab (“Corporate Governance” section). If we make any amendment to, or waiver of, any provision of the Code of Ethics, we will disclose such information on our website as well as through filings with the SEC.
Our Board of Directors has also adopted:
Corporate Governance Guidelines
Charters for our Audit, Compensation & Human Capital, Executive, Finance, Governance and Safety, Health & Environmental Affairs Committees
These documents meet all applicable SEC and New York Stock Exchange regulatory requirements.
The Charters of the Audit, Compensation & Human Capital and Governance Committees are available on our website under the “Investor Relations” tab (“Governance – Committee Composition” section) or you may request a copy of any of these documents by writing to the Office of the General Counsel, Vulcan Materials Company, 1200 Urban Center Drive, Birmingham, Alabama 35242.
Information included on our website is not incorporated into, or otherwise made a part of, this report.
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41
Form 10-Q

Part I Financial Information
 Item 3
Quantitative and Qualitative Disclosures About Market Risk
MARKET RISK
We are exposed to certain market risks arising from transactions that are entered into in the normal course of business. To manage these market risks, we may use derivative financial instruments. We do not enter into derivative financial instruments for trading or speculative purposes.
As discussed in the Liquidity and Financial Resources section of Part I, Item 2 "Management’s Discussion and Analysis of Financial Condition and Results of Operations", we actively manage our capital structure and resources to balance the cost of capital and risk of financial stress. Such activity includes balancing the cost and risk of interest expense. In addition to floating-rate borrowings, we at times use interest rate swaps to manage the mix of fixed-rate and floating-rate debt.
At March 31, 2026, the estimated fair value of our long-term debt including current maturities was $4,243.0 million compared to a face value of $4,440.1 million. The estimated fair value was determined by averaging several asking price quotes for the publicly traded notes and assuming par value for the remainder of the debt. The fair value estimate is based on information available as of the balance sheet date. The effect of a decline in interest rates of one percentage point would increase the fair value of our debt by approximately $365.9 million.
We are exposed to certain economic risks related to the costs of our pension and other postretirement benefit plans. These economic risks include changes in the discount rate for high-quality bonds and the expected return on plan assets. The impact of a change in these assumptions on our annual pension and other postretirement benefits costs is discussed in our most recent Annual Report on Form 10-K.
 Item 4
Controls and Procedures
DISCLOSURE CONTROLS AND PROCEDURES
We maintain a system of controls and procedures designed to ensure that information required to be disclosed in reports we file with the SEC is recorded, processed, summarized and reported within the time periods specified by the SEC's rules and forms. These disclosure controls and procedures (as defined in the Securities Exchange Act of 1934 Rules 13a - 15(e) or 15d - 15(e)), include, without limitation, controls and procedures designed to ensure that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure. Our Chief Executive Officer and Chief Financial Officer, with the participation of other management officials, evaluated the effectiveness of the design and operation of the disclosure controls and procedures as of March 31, 2026. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective as of March 31, 2026.
We are in the process of implementing a comprehensive enterprise performance management system that will replace our existing financial reporting, management reporting, and budgeting and forecasting systems. The financial reporting and management reporting phases of this system implementation were completed in the first quarter of 2025 and first quarter of 2026, respectively. The budgeting and forecasting phase of this system implementation is expected to be completed by the end of 2026.
In the first quarter of 2026, we also implemented a rail freight invoice, expense tracking and accrual system.
No other changes were made during the first quarter of 2026 to our internal controls over financial reporting, nor have there been other factors that materially affect these controls.

Form 10-Q
42
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Part II Other Information
 Item 1
Legal Proceedings
Certain legal proceedings in which we are involved are discussed in Note 12 to the consolidated financial statements and Part I, Item 3 of our Annual Report on Form 10-K for the year ended December 31, 2025. See Note 8 to the condensed consolidated financial statements of this Form 10-Q for a discussion of certain recent developments concerning our legal proceedings.
 Item 1A
Risk Factors
There were no material changes to the risk factors disclosed in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025.
 Item 2
Unregistered Sales of Equity Securities and Use of Proceeds
Purchases of our equity securities during the quarter ended March 31, 2026 are summarized below.
PeriodTotal Number of Shares PurchasedAverage Price Paid Per ShareTotal Number of Shares Purchased As Part of Publicly Announced Plans or Programs
Maximum Number of Shares That May Yet Be Purchased Under the Plans or Programs 1
January 1 - January 31199,099$292.01 199,0995,073,578
February 1 - February 28128,109$307.60 128,1094,945,469
March 1 - March 31176,982$293.45 176,9824,768,487
Total504,190$296.47 504,190
1In February 2017, our Board of Directors authorized us to purchase up to 10,000,000 shares of our common stock. As of March 31, 2026, there were 4,768,487 shares remaining under this authorization. Depending upon market, business, legal and other conditions, we may purchase shares from time to time through the open market (including plans designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934) and/or through privately negotiated transactions. The authorization has no time limit, does not obligate us to purchase any specific number of shares and may be suspended or discontinued at any time.
We did not have any unregistered sales of equity securities during the first quarter of 2026.
 Item 4
Mine Safety Disclosures
The information concerning mine safety violations or other regulatory matters required by Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 104 of Regulation S-K is included in Exhibit 95 of this report.
 Item 5
Other Information
SECURITIES TRADING PLANS OF SECTION 16 OFFICERS AND DIRECTORS
During the three months ended March 31, 2026, none of our Section 16 officers or directors adopted or terminated a Rule 10b5-1 or non-Rule 10b5-1 trading arrangement as defined in Item 408(a) of Regulation S-K.
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43
Form 10-Q

Part II Other Information
 Item 6
Exhibits
Exhibit 31(a)
Exhibit 31(b)
Exhibit 32(a)
Exhibit 32(b)
Exhibit 95
Exhibit 101
The following unaudited financial information from this Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 are formatted in iXBRL (Inline eXtensible Business Reporting Language): (i) the Condensed Consolidated Balance Sheets, (ii) the Condensed Consolidated Statements of Comprehensive Income, (iii) the Condensed Consolidated Statements of Cash Flows and (iv) the Notes to Condensed Consolidated Financial Statements.
Exhibit 104
Cover Page Interactive Data File – the cover page from this Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 is formatted in iXBRL (contained in Exhibit 101).

Our SEC file number for documents filed with the SEC pursuant to the Securities Exchange Act of 1934, as amended, is 001-33841.
Form 10-Q
44
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Part II Other Information
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
VULCAN MATERIALS COMPANY
Name
Title
Date
/s/ Randy L. Pigg
Vice President, Controller
(Principal Accounting Officer)
April 29, 2026
/s/ Mary Andrews Carlisle
Senior Vice President and Chief Financial Officer
(Principal Financial Officer)
April 29, 2026
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45
Form 10-Q
EX-31 2 a1q26-ex31.htm EX-31 Document
Exhibit 31(a)

Exhibit 31(a)
Certification Of Chief Executive Officer
I, Ronnie A. Pruitt, certify that:
1.I have reviewed this quarterly report on Form 10-Q of Vulcan Materials Company;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements and other financial information included in this report fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of and for the periods presented in this report;
4.The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date April 29, 2026
/s/ Ronnie A. Pruitt
Ronnie A. Pruitt
Chief Executive Officer
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Exhibit 31(a) - 1
Form 10-Q

Exhibit 31(b)
Exhibit 31(b)
Certification Of Chief Financial Officer
I, Mary Andrews Carlisle, certify that:
1.I have reviewed this quarterly report on Form 10-Q of Vulcan Materials Company;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements and other financial information included in this report fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of and for the periods presented in this report;
4.The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date April 29, 2026
/s/ Mary Andrews Carlisle
Mary Andrews Carlisle
Senior Vice President and Chief Financial Officer
Form 10-Q
Exhibit 31(b) - 1
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EX-32 3 a1q26-ex32.htm EX-32 Document
Exhibit 32(a)
Exhibit 32(a)
Certification Of Chief Executive Officer Of Vulcan Materials Company Pursuant To 18 U.S.C. Section 1350 As Adopted Pursuant To Section 906 Of The Sarbanes Oxley Act Of 2002
I, Ronnie A. Pruitt, Chief Executive Officer of Vulcan Materials Company, certify that the Quarterly Report on Form 10-Q (the “report”) for the quarter ended March 31, 2026, filed with the Securities and Exchange Commission on the date hereof:
(i)fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and
(ii)the information contained in the report fairly presents, in all material respects, the financial condition and results of operations of Vulcan Materials Company.
/s/ Ronnie A. Pruitt
Ronnie A. Pruitt
Chief Executive Officer
April 29, 2026
A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Vulcan Materials Company and will be retained by Vulcan Materials Company and furnished to the Securities and Exchange Commission or its staff upon request.
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Exhibit 32(a) - 1
Form 10-Q

Exhibit 32(b)
Exhibit 32(b)
Certification Of Chief Financial Officer Of Vulcan Materials Company Pursuant To 18 U.S.C. Section 1350 As Adopted Pursuant To Section 906 Of The Sarbanes Oxley Act Of 2002
I, Mary Andrews Carlisle, Senior Vice President and Chief Financial Officer of Vulcan Materials Company, certify that the Quarterly Report on Form 10-Q (the “report”) for the quarter ended March 31, 2026, filed with the Securities and Exchange Commission on the date hereof:
(i)fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and
(ii)the information contained in the report fairly presents, in all material respects, the financial condition and results of operations of Vulcan Materials Company.
/s/ Mary Andrews Carlisle
Mary Andrews Carlisle
Senior Vice President and Chief Financial Officer
April 29, 2026
A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Vulcan Materials Company and will be retained by Vulcan Materials Company and furnished to the Securities and Exchange Commission or its staff upon request.
Form 10-Q
Exhibit 32(b) - 1
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EX-95 4 a1q26-ex95.htm EX-95 Document
Exhibit 95
Exhibit 95
MSHA Citations And Litigation
On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) was enacted. Section 1503 of the Dodd-Frank Act requires companies that are “operators” (as such term is defined in the Federal Mine Safety and Health Act of 1977 (the Mine Act)) to disclose certain mine safety information in each periodic report to the Securities and Exchange Commission. This information is related to the enforcement of the Mine Act by the Mine Safety and Health Administration (MSHA).
The Dodd-Frank Act and the subsequent implementing regulation issued by the SEC require disclosure of the following categories of violations, orders and citations: (1) Section 104 S&S Citations, which are citations issued for violations of mandatory health or safety standards that could significantly and substantially contribute to the cause and effect of a mine safety or health hazard; (2) Section 104(b) Orders, which are orders issued upon a follow up inspection where the inspector finds the violation previously cited has not been totally abated in the prescribed time period; (3) Section 104(d) Citations and Orders, which are issued upon violations of mandatory health or safety standards caused by an unwarrantable failure of the operator to comply with the standards; (4) Section 110(b)(2) Violations, which result from the reckless and repeated failure to eliminate a known violation; (5) Section 107(a) Orders, which are given when MSHA determines that an imminent danger exists and results in an order of immediate withdrawal from the area of the mine affected by the condition; and (6) written notices from MSHA of a pattern of violations of mandatory health or safety standards that are of such nature as could have significantly and substantially contributed to the cause and effect of mine health or safety hazards under Section 104(e). In addition, the Dodd-Frank Act requires the disclosure of the total dollar value of proposed assessments from MSHA under the Mine Act and the total number of mining related fatalities.
The following disclosures are made pursuant to Section 1503.
During the three months ended March 31, 2026, none of our operations: (i) received any orders under Section 104(b), which are issued upon a follow up inspection where the inspector finds the violation previously cited has not been totally abated in the prescribed time period; (ii) received any citations or orders under Section 104(d), which are issued upon violations of mandatory health or safety standards caused by an unwarrantable failure of the operator to comply with the standards; (iii) had any flagrant violations under Section 110(b)(2); (iv) received any orders under Section 107(a) to immediately withdraw from the area of the mine affected by an imminent danger, (v) received notice from MSHA of a pattern of violations of mandatory health or safety standards under Section 104(e); or (vi) had any mining related fatalities.
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Exhibit 95 - 1
Form 10-Q

Exhibit 95
FIRST QUARTER 2026
The table below sets forth, by mine, the total number of citations and/or orders issued by MSHA during the period covered by this report under the indicated provisions of the Mine Act, together with the total dollar value of proposed assessments, if any, from MSHA, received during the three months ended March 31, 2026. Of our 300 active MSHA-regulated facilities during the year, we received 170 federal mine safety inspections at 148 facilities during the reporting period. Of our inspected facilities, 144 did not receive any reportable citations or orders.
Name of OperationNumber of
Inspections
Total Number of S&S CitationsMine
Act
§ 104(b)
Orders
Mine Act
§ 104(d)
Citations
and
Orders
Mine Act
§ 110(b)(2)
Violations
Mine
Act
§ 107(a)
Orders
Total Dollar
Value of
Proposed
MSHA
Assessments
(thousands)
Total
Number
of Mining
Related
Fatalities
Received
Written
Notice
under
Mine Act
§ 104(e)
CORAM, NY110000$0.00No
PRIDE, AL110000$0.40No
AMARILLO, TX110000$0.00No
WEST TEXAS 3, TX110000$0.00No
Other – 14416600000$0.00No
Total17040000$0.40
The total dollar value of proposed assessments received during the three months ended March 31, 2026 for all other citations, as well as proposed assessments received during the reporting period for citations previously issued, is $10,077.
The table below sets forth, by mine, category of legal action and number of legal actions pending before the Federal Mine Safety and Health Review Commission as of March 31, 2026.
Number of Legal Actions
Name of OperationContest PenaltyContest CitationsComplaint of Discharge, Discrimination
FORT PIERCE MINE, FL200
HANOVER QUARRY, PA300
HOUSTON SALES YARD, TX100
SEVIERVILLE QUARRY, TN300
WANTAGE STONE, NJ200
The table below sets forth, by mine, category of legal action and number of legal actions filed before the Federal Mine Safety and Health Review Commission during the three months ended March 31, 2026.
Number of Legal Actions
Name of OperationContest PenaltyContest CitationsComplaint of Discharge, Discrimination
BOONE QUARRY, NC100
CHEROKEE QUARRY, GA100
GRAND RIVERS QUARRY, KY500
The table below sets forth, by mine, category of legal action and number of legal actions resolved (disposed) by the Federal Mine Safety and Health Review Commission during the three months ended March 31, 2026.
Number of Legal Actions
Name of OperationContest PenaltyContest CitationsComplaint of Discharge, Discrimination
GLEN GARDNER QUARRY, NJ100
GRAND RIVERS QUARRY, KY200
GRAY COURT QUARRY, GA100
WEST PLANT, AZ100
WOLMAN SAND, DE100
Form 10-Q
Exhibit 95 - 2
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Reclassification out of Accumulated Other Comprehensive Income [Table] Disposal Group Name [Domain] Disposal Group Name [Domain] Name Measure Name Letter of Credit Letter of Credit [Member] Operating leases Operating Lease, Liability, Current Interest on lease liabilities Finance Lease, Interest Expense Deferred income taxes, net Deferred Income Tax Liabilities, Net Trade payables and accruals Other Accounts Payable and Accrued Liabilities Document Fiscal Period Focus Document Fiscal Period Focus Loss on discontinued operations, net of tax Loss on discontinued operations, net of tax Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ACCOUNTS AND NOTES RECEIVABLE Receivable [Policy Text Block] Current operating lease liabilities Disposal Group, Including Discontinued Operation, Current Operating Lease Liabilities Disposal Group, Including Discontinued Operation, Current Operating Lease Liabilities Operating lease ROU assets Operating Lease, Right-of-Use Asset, Gross Operating Lease, Right-of-Use Asset, Gross Notes Unsecured Debt [Member] Award Timing Method Award Timing Method [Text Block] Litigation Case [Domain] Litigation Case [Domain] Continuing operations (in usd per share) Income (Loss) from Continuing Operations, Per Basic Share Award Type Award Type [Axis] Deferred revenue Contract with Customer, Liability, Noncurrent Hedging Relationship [Domain] Hedging Relationship [Domain] Total long-term debt - book value Long-Term Debt Schedule of Accumulated Other Comprehensive Income, Net of Tax Comprehensive Income (Loss) [Table Text Block] Legal Entity [Axis] Legal Entity [Axis] Total assets Total Assets Occidental Chemical Co Occidental Chemical Co [Member] Occidental Chemical Co [Member] Trading Symbol Trading Symbol Pension and postretirement plans Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax RESTRICTED CASH Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block] Geographical [Domain] Geographical [Domain] Operating Loss Carryforwards [Table] Operating Loss Carryforwards [Table] Entity Address, City or Town Entity Address, City or Town Short-term Debt, Type [Domain] Short-Term Debt, Type [Domain] Operating Activities Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract] Finance leases Finance Lease, Weighted Average Discount Rate, Percent Asset Retirement Obligation, Roll Forward Analysis [Roll Forward] Asset Retirement Obligation, Roll Forward Analysis [Roll Forward] Non-PEO NEO Average Compensation Actually Paid Amount Non-PEO NEO Average Compensation Actually Paid Amount Compensation Actually Paid vs. Other Measure Compensation Actually Paid vs. Other Measure [Text Block] Entity Emerging Growth Company Entity Emerging Growth Company Cash dividend on common stock (in usd per share) Common Stock, Dividends, Per Share, Declared Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Operating lease right-of-use assets Right-of-Use Asset Obtained in Exchange for Operating Lease Liability Finance leases Finance Lease, Weighted Average Remaining Lease Term Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year [Member] Notes payable Other Notes Payable Level 2 Fair Value Fair Value, Inputs, Level 2 [Member] Insider Trading Policies and Procedures Not Adopted Insider Trading Policies and Procedures Not Adopted [Text Block] Business Combination [Domain] Business Combination [Domain] Common stock, outstanding (in shares) Common Stock, Shares, Outstanding DISCONTINUED OPERATIONS Discontinued Operations, Policy [Policy Text Block] PROPERTY, PLANT AND EQUIPMENT Property, Plant and Equipment, Policy [Policy Text Block] PEO PEO [Member] Schedule of Freight & Delivery Revenues Disaggregation of Revenue [Table Text Block] Unsecured Line of Credit Maturity of November 2029 Unsecured Line Of Credit Maturity Of November 2029 [Member] Unsecured Line Of Credit, Maturity Of September 2026 [Member] Noncash Investing and Financing Activities Noncash Investing and Financing Items [Abstract] Construction Paving Construction Paving [Member] Construction Paving [Member] Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year [Member] Number of planned new treatment capabilities Number Of Planned New Treatment Capabilities Number Of Planned New Treatment Capabilities Derivative Instruments and Hedging Activities Disclosure [Abstract] Derivative Instruments and Hedging Activities Disclosure [Abstract] Operating loss carryforward, to expire Operating Loss Carryforwards, To Expire Operating Loss Carryforwards, To Expire Effective Interest Rates Debt Instrument, Interest Rate, Effective Percentage 5.35% notes due 2034 Five Point Three Five Notes Due Twenty Thirty Four [Member] Five Point Three Five Notes Due Twenty Thirty Four Entity Address, Postal Zip Code Entity Address, Postal Zip Code Restatement Determination Date Restatement Determination Date Cash and cash equivalents and restricted cash at beginning of year Cash and cash equivalents and restricted cash at end of period Cash and cash equivalents and restricted cash Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation Income Statement [Abstract] Income Statement [Abstract] Income tax expense Deferred income taxes, net Benefit from income taxes Income Tax Expense (Benefit) Finance leases, net Disposal Group Including Discontinued Operation, Finance Leases, Net Disposal Group Including Discontinued Operation, Finance Leases, Net Applicable margin on borrowing rate (as percent) Debt Instrument, Basis Spread on Variable Rate Expected additional tax expense 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Area Code ACQUISITIONS AND DIVESTITURES Mergers, Acquisitions and Dispositions Disclosures [Text Block] Payment for businesses acquired, net of acquired cash and adjustments Payments to Acquire Businesses, Net of Cash Acquired Award Timing, How MNPI Considered Award Timing, How MNPI Considered [Text Block] All Trading Arrangements All Trading Arrangements [Member] Equity Awards Adjustments, Footnote Equity Awards Adjustments, Footnote [Text Block] Total Shareholder Return Vs Peer Group Total Shareholder Return Vs Peer Group [Text Block] Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Disclosure [Abstract] Schedule of Reconciliation of Deferred Revenue Balances Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block] Investing Activities Cash Provided by (Used in) Investing Activity, Including Discontinued Operation [Abstract] Pay vs Performance Disclosure Pay vs Performance Disclosure [Table] Net cash provided by operating activities Cash Provided by (Used in) Operating Activity, Including Discontinued Operation Payment of short-term debt and other financing obligations Repayments of Short-Term Debt Total purchase price Treasury Stock, Retired, Cost Method, Amount Potential tax expense Income Tax Examination, Estimate of Possible Loss Amortization of actuarial loss Amortization of actuarial gain Defined Benefit Plan, Amortization of Gain (Loss) Number of quarries Number Of Quarries The number of quarries included in the volumetric production payment transaction. Total lease expense Lease, Cost Cash Flow Hedging Cash Flow Hedging [Member] Goodwill Goodwill, beginning balance Goodwill, ending balance Goodwill Equity Valuation Assumption Difference, Footnote Equity Valuation Assumption Difference, Footnote [Text Block] Schedule of Components of Lease Expense Lease, Cost [Table Text Block] PEO Total Compensation Amount PEO Total Compensation Amount Long-Term Debt, Type [Axis] Long-Term Debt, Type [Axis] Net gains (losses) of the Rabbi Trust investments Gain (Loss) on Investments Money market mutual fund Money Market Funds [Member] West revenues West [Member] West [Member] Equity Components [Axis] Equity Components [Axis] Sublease income Sublease Income Standby Letters of Credit Standby Letters of Credit [Member] Non-Rule 10b5-1 Arrangement Adopted Non-Rule 10b5-1 Arrangement Adopted [Flag] Number of reportable segments Number of Reportable Segments 4.50% notes due 2047 Four Point Five Zero Percent Due Twenty Forty Seven [Member] Four Point Five Zero Percent Due Twenty Forty Seven [Member] Concrete Concrete [Member] Concrete [Member] Consideration payable to seller in business acquisitions Noncash or Part Noncash Acquisition, Payables Assumed Net operating loss carryforwards, valuation allowance Operating Loss Carryforwards, Valuation Allowance Goodwill, accumulated impairment losses Goodwill, Impaired, Accumulated Impairment Loss Other Performance Measure, Amount Other Performance Measure, Amount Entity Address, State or Province Entity Address, State or Province Payment of finance leases Finance Lease, Principal Payments Bank line of credit expires 2029 Bank Line Of Credit Short Term [Member] Bank Line Of Credit Short-Term [Member] 4.50% notes due 2025 Four Point Five Zero Notes Due Twenty Twenty Five [Member] Four Point Five Zero Notes Due Twenty Twenty Five [Member] Number of cases Loss Contingency, Number Of Cases Loss Contingency, Number Of Cases Total current liabilities Liabilities, Current Derivative Instrument [Axis] Derivative Instrument [Axis] Individual: Individual [Axis] Expense recognized related to defined contribution plans Defined Contribution Plan, Cost 3.90% notes due 2027 Three Point Ninety Notes Due Twenty Twenty Seven [Member] Three Point Ninety Notes Due Twenty Twenty-Seven [Member] LEASES Lessee, Finance Leases [Text Block] Finance lease right-of-use assets Right-of-Use Asset Obtained in Exchange for Finance Lease Liability Accounting Changes and Error Corrections [Abstract] Accounting Changes and Error Corrections [Abstract] Dividends paid Payments of Ordinary Dividends, Common Stock Other current assets Other Assets, Current Capital in excess of par value Additional Paid in Capital, Common Stock 3.50% notes due 2030 Three Point Five Zero Percent Notes Due Twenty Thirty [Member] Three Point Five Zero Percent Notes Due Twenty Thirty [Member] Entity [Domain] Entity [Domain] Net cash used for investing activities Cash Provided by (Used in) Investing Activity, Including Discontinued Operation Remaining period to completion Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table [Member] Loss reclassified from AOCI Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net Interest (exclusive of amount capitalized) Interest Paid, Excluding Capitalized Interest, Operating Activity Document Fiscal Year Focus Document Fiscal Year Focus BASIS OF PRESENTATION Basis of Accounting, Policy [Policy Text Block] Operating lease right-of-use assets, net Operating leases, net Operating Lease, Right-of-Use Asset Forgone Recovery, Explanation of Impracticability Forgone Recovery, Explanation of Impracticability [Text Block] Ownership percentage by noncontrolling owners (as percent) Subsidiary, Ownership Percentage, Noncontrolling Owner Payment of current maturities and long-term debt Repayment of long-term debt Repayments of Long-Term Debt Effective tax rate from continuing operations Effective Income Tax Rate Reconciliation, Percent Entity Interactive Data Current Entity Interactive Data Current Operating lease cost Operating Lease, Cost Orca Orca [Member] Orca [Member] Loss Contingency, Nature [Domain] Loss Contingency, Nature [Domain] Mutual funds Mutual Fund [Member] Equity [Abstract] Equity [Abstract] Other noncontrolling interest Other Noncontrolling Interest Activity Other Noncontrolling Interest Activity SEGMENT REPORTING Segment Reporting Disclosure [Text Block] Schedule of Goodwill [Table] Goodwill [Table] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Disaggregation of Revenue [Table] Disaggregation of Revenue [Table] Long-Lived Tangible Asset [Axis] Long-Lived Tangible Asset [Axis] Increase (Decrease) in Stockholders' Equity [Roll Forward] Increase (Decrease) in Stockholders' Equity [Roll Forward] New Accounting Pronouncements or Change in Accounting Principle [Line Items] New Accounting Pronouncements or Change in Accounting Principle [Line Items] Noncurrent operating lease liabilities Disposal Group, Including Discontinued Operation, Noncurrent Operating Lease Liabilities Disposal Group, Including Discontinued Operation, Noncurrent Operating Lease Liabilities Depreciation Asset Retirement Obligation, Depreciation Expense Amount of depreciation expense recognized during the period that is associated with an asset retirement cost. Ownership [Domain] Ownership [Domain] Schedule of Components of Net Periodic Benefit Cost Schedule of Net Benefit Costs [Table Text Block] Compensation Actually Paid vs. Total Shareholder Return Compensation Actually Paid vs. Total Shareholder Return [Text Block] OTHER COMPREHENSIVE INCOME Comprehensive Income (Loss) Note [Text Block] Fair Value Measurements, Recurring and Nonrecurring [Table] Fair Value, Recurring and Nonrecurring [Table] Accumulated depreciation Finance Lease, Right-of-Use Asset, Accumulated Amortization Commercial paper Commercial Paper Selling, administrative and general expenses Selling, administrative and general expenses Selling, General and Administrative Expense Restricted cash Restricted Cash and Cash Equivalent, Current Noncurrent finance lease liabilities Disposal Group, Including Discontinued Operation, Noncurrent Finance Lease Liabilities Disposal Group, Including Discontinued Operation, Noncurrent Finance Lease Liabilities Schedule of Changes in Accumulated Other Comprehensive Income, Net of Tax Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] Depreciation, depletion, accretion and amortization Depreciation, Depletion and Amortization Other noncurrent assets Other Assets, Noncurrent Entity Central Index Key Entity Central Index Key PEO Name PEO Name Reclamation/restoration requirements ARO liability balance at beginning of period ARO liability balance at end of period Asset Retirement Obligation Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year [Member] Supplemental Cash Flow Elements [Abstract] Supplemental Cash Flow Elements [Abstract] NHC Treatment System NHC Treatment System [Member] NHC Treatment System Outstanding Aggregate Erroneous Compensation Amount Outstanding Aggregate Erroneous Compensation Amount Schedule of Changes in Total Equity Schedule of Stockholders Equity [Table Text Block] Schedule of Defined Benefit Plans Disclosures [Table] Defined Benefit Plan [Table] Arrangement Duration Trading Arrangement Duration Schedule of Segment Reporting Information, by Segment [Table] Schedule of Segment Reporting Information, by Segment [Table] Proceeds from sale of future production Proceeds From Sale Of Future Production Proceeds received as payment for sale of future production Segments [Axis] Segments [Axis] Products in process Inventory, Work in Process, Net of Reserves Exercise Price Award Exercise Price Entity Filer Category Entity Filer Category Local Phone Number Local Phone Number Additional 402(v) Disclosure Additional 402(v) Disclosure [Text Block] Other, net Payment for (Proceeds from) Other Investing Activity Assets Assets [Abstract] Long-term debt Total long-term debt - reported value Long-Term Debt, Excluding Current Maturities Credit Facility [Axis] Credit Facility [Axis] Underlying Security Market Price Change Underlying Security Market Price Change, Percent Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract] Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract] Debt Instrument [Axis] Debt Instrument [Axis] BENEFIT PLANS Retirement Benefits [Text Block] FAIR VALUE MEASUREMENTS Fair Value Disclosures [Text Block] Significant Acquisitions and Disposals [Line Items] Business Combination [Line Items] Credit Facility [Domain] Credit Facility [Domain] Equity Equity, Attributable to Parent [Abstract] Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year [Member] Proceeds from short-term debt Proceeds from Short-Term Debt Entity Address, Address Line One Entity Address, Address Line One Estimated amount of pretax loss in AOCI reclassified to earnings for the next 12-month period Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net Total AOCI Attributable to Parent [Member] Interest rate (as percent) Debt Instrument, Interest Rate, Stated Percentage Customers, allowance for doubtful accounts Accounts Receivable, Allowance for Credit Loss, Current Noncurrent operating lease liabilities Operating Lease, Liability, Noncurrent Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] Ownership [Axis] Ownership [Axis] DERIVATIVE INSTRUMENTS Derivative Instruments and Hedging Activities Disclosure [Text Block] Amortization of prior service cost Defined Benefit Plan, Amortization of Prior Service Cost (Credit) Fair Value as of Grant Date Award Grant Date Fair Value Entity Registrant Name Entity Registrant Name 4.95% notes due 2029 Four Point Ninety Five Notes Due Twenty Twenty Nine [Member] Four Point Ninety Five Notes Due Twenty Twenty Nine Number of funded, noncontributory defined benefit pension plans Number Of Funded Noncontributory Defined Benefit Pension Plans Number of funded noncontributory defined benefit pension plans. Stock Price or TSR Estimation Method Stock Price or TSR Estimation Method [Text Block] Disposal Group, Held-for-Sale, Not Discontinued Operations Disposal Group, Held-for-Sale, Not Discontinued Operations [Member] Net periodic pension benefit cost Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Total liabilities held for sale Disposal Group, Including Discontinued Operation, Liabilities Stock-Only Stock Appreciation Rights (in shares) Incremental Common Shares Attributable to Dilutive Effect of Share-Based Payment Arrangements Schedule of Effects of Changes in Fair Values of Derivatives Designated as Cash Flow Hedges Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] Document Quarterly Report Document Quarterly Report Assets, fair value disclosure Assets, Fair Value Disclosure Estimated fair value of long-term debt Long-Term Debt, Fair Value Changed Peer Group, Footnote Changed Peer Group, Footnote [Text Block] Number of operating segments Number of Operating Segments Finance lease ROU assets Finance Lease, Right-of-Use Asset, before Accumulated Amortization Adjustment To PEO Compensation, Footnote Adjustment To PEO Compensation, Footnote [Text Block] Schedule of Debt Schedule of Debt [Table Text Block] Other Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member] Interest cost Defined Benefit Plan, Interest Cost Title Trading Arrangement, Individual Title Peer Group Total Shareholder Return Amount Peer Group Total Shareholder Return Amount Service Service [Member] Restatement Determination Date: Restatement Determination Date [Axis] Other stock compensation awards (in shares) Incremental Common Shares Attributable To Other Stock Compensation Plans Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of other stock compensation plans using the treasury stock method. Common Stock Shares Issued Not Disclosed Common Stock Shares Issued Not Disclosed Common Stock Shares Issued Not Disclosed Share-based compensation plans, net of shares withheld for taxes Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture Non-PEO NEO Non-PEO NEO [Member] Letters of credit outstanding, amount Total standby letters of credit Letters of Credit Outstanding, Amount Accumulated Other Comprehensive Income (Loss) [Table] Accumulated Other Comprehensive Income (Loss) [Table] Other, net Proceeds from (Payment for) Other Financing Activity Accumulated Other Comprehensive Income (Loss) [Line Items] Accumulated Other Comprehensive Income (Loss) [Line Items] Amounts reclassified from AOCI Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax Segment Reporting, Revenue Reconciling Item [Line Items] Segment Reporting, Revenue Reconciling Item [Line Items] Name Trading Arrangement, Individual Name All Award Types Award Type [Domain] Risk management insurance Self Insurance Reserve GOODWILL Goodwill Disclosure [Text Block] Noncontrolling interest Equity, Attributable to Noncontrolling Interest Equity Awards Adjustments Equity Awards Adjustments [Member] Reconciliation of Revenue from Segments to Consolidated [Table] Reconciliation of Revenue from Segments to Consolidated [Table] Other, net Other Noncash Income (Expense) Pension Benefits Adjustments, Footnote Pension Benefits Adjustments, Footnote [Text Block] Disaggregation of Revenue [Line Items] Disaggregation of Revenue [Line Items] Defined Benefit Plan Disclosure [Line Items] Defined Benefit Plan Disclosure [Line Items] Compensation Amount Outstanding Recovery Compensation Amount Alabama ALABAMA Debt Instrument, Name [Domain] Debt Instrument, Name [Domain] Accumulated amortization Operating Lease, Right-of-Use Asset, Amortization Operating Lease, Right-of-Use Asset, Amortization Recovery of Erroneously Awarded Compensation Disclosure [Line Items] Revenue recognized from deferred revenue Contract with Customer, Liability, Revenue Recognized Defined Benefit Plans and Other Postretirement Benefit Plans [Domain] Retirement Plan Type [Domain] Income tax benefit Discontinued Operation, Tax Effect of Discontinued Operation MNPI Disclosure Timed for Compensation Value MNPI Disclosure Timed for Compensation Value [Flag] Name Awards Close in Time to MNPI Disclosures, Individual Name Aggregate Erroneous Compensation Not Yet Determined Aggregate Erroneous Compensation Not Yet Determined [Text Block] Changes in assets and liabilities before initial effects of business acquisitions and dispositions Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Share-based compensation expense APIC, Share-Based Payment Arrangement, Increase for Cost Recognition Accumulated other comprehensive loss Total AOCI Accumulated Other Comprehensive Income (Loss), Net of Tax Litigation Case [Axis] Litigation Case [Axis] Segment [Domain] Segments [Domain] State net operating loss carryforwards Deferred Tax Assets, Operating Loss Carryforwards, State and Local Available borrowing capacity Line of Credit Facility, Remaining Borrowing Capacity Aggregate Pension Adjustments Service Cost Aggregate Pension Adjustments Service Cost [Member] Fair Value, Measurements, Fair Value Hierarchy [Domain] Fair Value Hierarchy and NAV [Domain] Number of defined contribution plans Number Of Defined Contribution Plans Number of defined contribution plans. Inventories Total inventories Inventory, Net Amortization of debt issuance costs and discounts Amortization of Debt Issuance Costs and Discounts Costs for paving contracts expense, expected amortization period (in years) Costs For Paving Contracts Expense, Expected Amortization Period Costs For Paving Contracts Expense, Expected Amortization Period Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets by Major Class [Axis] Minimum Minimum [Member] Other assets, net Disposal Group, Including Discontinued Operation, Other Assets Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items] Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items] EARNINGS PER SHARE (EPS) Earnings Per Share, Policy [Policy Text Block] NONCONTROLLING INTEREST Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block] Accretion Accretion expense Asset Retirement Obligation, Accretion Expense Company Selected Measure Name Company Selected Measure Name Asphalt Asphalt [Member] Asphalt [Member] Accrued environmental remediation costs Accrual for Environmental Loss Contingencies 4.70% notes due 2048 Four Point Seventy Percent Due2048 [Member] 4.70% Percent Due 2048 [Member] ASSET RETIREMENT OBLIGATIONS Asset Retirement Obligation Disclosure [Text Block] DEBT Debt Disclosure [Text Block] Aggregate Available Trading Arrangement, Securities Aggregate Available Amount Contract With Customer, Liability [Roll Forward] Contract With Customer, Liability [Roll Forward] Contract With Customer, Liability Cash paid for operating leases Operating Lease, Payments Total cash paid for finance leases Total Cash Paid For Finance Leases Total Cash Paid For Finance Leases Stock Appreciation Rights (SARs) Stock Appreciation Rights (SARs) [Member] Retained from former Chemicals business Discontinued Operations [Member] Acquisitions 2024 Acquisitions 2024 [Member] Acquisitions 2022 [Member] All Executive Categories All Executive Categories [Member] Stockholders' Equity Note [Abstract] Stockholders' Equity Note [Abstract] Finished products Inventory, Finished Goods, Net of Reserves Finance leases, net Finance Lease, Right-of-Use Asset, after Accumulated Amortization Goodwill [Roll Forward] Goodwill [Roll Forward] Operating Activities [Domain] Operating Activities [Domain] COMMITMENTS AND CONTINGENCIES Commitments and Contingencies Disclosure [Text Block] Revenues from discontinued operations Disposal Group, Including Discontinued Operation, Revenue Assuming dilution (in shares) Weighted-average common shares outstanding, assuming dilution (in shares) Weighted Average Number of Shares Outstanding, Diluted Other commitments and contingencies (Note 8) Commitments and Contingencies Non-GAAP Measure Description Non-GAAP Measure Description [Text Block] Total ARO operating costs Cost Incurred, Asset Retirement Obligation Cost Incurred, Asset Retirement Obligation Derivative [Table] Derivative [Table] LADWP Ladwp [Member] LADWP [Member] Business Combination [Axis] Business Combination [Axis] Comprehensive income Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Estimated capital cost of treatment system Estimated Capital Cost Of Treatment System Estimated Capital Cost Of Treatment System Entity Small Business Entity Small Business Accounting Standards Update and Change in Accounting Principle [Table] Accounting Standards Update and Change in Accounting Principle [Table] Schedule of Revenues by Geographic Market Revenue from External Customers by Geographic Areas [Table Text Block] Income Tax Disclosure [Abstract] Income Tax Disclosure [Abstract] Noncontrolling Interest Noncontrolling Interest [Member] Contingency loss Loss Contingency, Loss in Period NHW Treatment System NHW Treatment System [Member] NHW Treatment System Document Transition Report Document Transition Report NEW ACCOUNTING STANDARDS Accounting Standards Update and Change in Accounting Principle [Text Block] Underlying Securities Award Underlying Securities Amount Equity Component [Domain] Equity Component [Domain] Document Period End Date Document Period End Date PEO Actually Paid Compensation Amount PEO Actually Paid Compensation Amount Number of votes per common stock Number Of Votes Per Common Stock Share Number Of Votes Per Common Stock Share INCOME TAXES Income Tax Disclosure [Text Block] Diluted earnings (loss) per share attributable to Vulcan Earnings Per Share, Diluted [Abstract] Awards Close in Time to MNPI Disclosures, Table Awards Close in Time to MNPI Disclosures [Table Text Block] Revenue from Contract with Customer [Abstract] Hedging Designation [Axis] Hedging Designation [Axis] Short-term lease cost Short-Term Lease, Cost Scenario [Axis] Scenario [Axis] Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Total equity Balance at beginning of period Balance at end of period Equity, Including Portion Attributable to Noncontrolling Interest Average price per share Shares Acquired, Average Cost Per Share Number of other companies to perform Remedial Investigation/Feasibility Study Number Of Other Companies To Perform Remedial Investigation Feasibility Study Related To Clean Up Lawsuit Number of other companies to perform a Remedial Investigation/ Feasibility Study related to the Lower Passaic River Clean-Up lawsuit. Land and land improvements, net Disposal Group Including Discontinued Operation, Land And Land Improvements, Net Disposal Group Including Discontinued Operation, Land And Land Improvements, Net Inventory Disposal Group, Including Discontinued Operation, Inventory Document Type Document Type Name Outstanding Recovery, Individual Name Loss Contingencies [Table] Loss Contingencies [Table] Product and Service [Axis] Product and Service [Axis] Derivative Contract Type [Domain] Derivative Contract [Domain] Variable lease cost Variable Lease, Cost Total revenues Revenue from Contract with Customer, Excluding Assessed Tax All Individuals All Individuals [Member] Long-term Debt, Type [Domain] Long-Term Debt, Type [Domain] Fair Value Disclosures [Abstract] Fair Value Disclosures [Abstract] Purchases of property, plant & equipment Payments to Acquire Property, Plant, and Equipment Name Forgone Recovery, Individual Name Total current assets Assets, Current Total Revenues Excluding Freight & 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Cover Page - shares
3 Months Ended
Mar. 31, 2026
Apr. 21, 2026
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Mar. 31, 2026  
Document Transition Report false  
Entity File Number 001-33841  
Entity Registrant Name VULCAN MATERIALS COMPANY  
Entity Incorporation, State or Country Code NJ  
Entity Tax Identification Number 20-8579133  
Entity Address, Address Line One 1200 Urban Center Drive  
Entity Address, City or Town Birmingham  
Entity Address, State or Province AL  
Entity Address, Postal Zip Code 35242  
City Area Code 205  
Local Phone Number 298-3000  
Title of 12(b) Security Common Stock, $1 par value  
Trading Symbol VMC  
Security Exchange Name NYSE  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   129,754,885
Current Fiscal Year End Date --12-31  
Amendment Flag false  
Entity Central Index Key 0001396009  
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2026  
XML 16 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Assets      
Cash and cash equivalents $ 140.2 $ 183.3 $ 181.3
Restricted cash 3.5 6.1 11.6
Accounts and notes receivable, net 965.6 887.7 928.9
Inventories 695.8 680.5 721.0
Other current assets 79.1 101.8 83.1
Assets held for sale 698.2 708.5 0.0
Total current assets 2,582.4 2,567.9 1,925.9
Investments and long-term receivables 33.7 33.7 31.3
Property, plant & equipment, net 8,100.3 8,148.6 8,381.3
Operating lease right-of-use assets, net 525.9 521.5 566.0
Goodwill 3,780.9 3,780.9 3,815.0
Other intangible assets, net 1,478.8 1,489.0 1,846.3
Other noncurrent assets 170.9 158.8 146.3
Total assets 16,672.9 16,700.4 16,712.1
Liabilities      
Current maturities of long-term debt 0.0 0.4 0.5
Total short-term debt 197.0 0.0 0.0
Trade payables and accruals 398.8 438.5 354.7
Other current liabilities 374.0 487.9 441.7
Liabilities held for sale 27.5 29.3 0.0
Total current liabilities 997.3 956.1 796.9
Long-term debt 4,363.0 4,361.7 4,907.9
Deferred income taxes, net 1,362.1 1,358.3 1,331.4
Deferred revenue 129.0 130.6 136.2
Noncurrent operating lease liabilities 525.8 522.6 556.1
Other noncurrent liabilities 820.0 822.2 825.1
Total liabilities 8,197.2 8,151.5 8,553.6
Other commitments and contingencies (Note 8)
Equity      
Common stock, $1 par value, Authorized 480.0 shares, Outstanding 130.3 , 130.6 and 132.1 shares, respectively 130.3 130.6 132.1
Capital in excess of par value 2,907.5 2,930.0 2,889.2
Retained earnings 5,537.7 5,590.1 5,238.8
Accumulated other comprehensive loss (124.2) (125.6) (126.0)
Total shareholders' equity 8,451.3 8,525.1 8,134.1
Noncontrolling interest 24.4 23.8 24.4
Total equity 8,475.7 8,548.9 8,158.5
Total liabilities and equity $ 16,672.9 $ 16,700.4 $ 16,712.1
XML 17 R3.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Statement of Financial Position [Abstract]      
Common stock, par value (in usd per share) $ 1 $ 1 $ 1
Common stock, authorized (in shares) 480,000,000 480,000,000.0 480,000,000.0
Common stock, outstanding (in shares) 130,300,000 130,600,000 132,100,000
Common Stock Shares Issued Not Disclosed true true true
XML 18 R4.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Total revenues $ 1,755.9 $ 1,634.6
Cost of revenues (1,333.2) (1,269.3)
Gross profit 422.7 365.3
Selling, administrative and general expenses (135.7) (138.3)
Gain (loss) on sale of property, plant & equipment and businesses (0.3) 7.4
Other operating expense, net (21.3) (8.0)
Operating earnings 265.4 226.4
Other nonoperating income (expense), net 1.4 (2.6)
Interest expense, net (53.9) (59.7)
Earnings from continuing operations before income taxes 212.9 164.1
Income tax expense (45.9) (33.8)
Earnings from continuing operations 167.0 130.3
Loss on discontinued operations, net of tax (1.0) (0.9)
Net earnings 166.0 129.4
Earnings attributable to noncontrolling interest (0.5) (0.5)
Net earnings attributable to Vulcan 165.5 128.9
Other comprehensive income, net of tax    
Amortization of accumulated cash flow hedge losses 0.5 0.4
Amortization of accumulated benefit plan costs 0.9 1.0
Other comprehensive income 1.4 1.4
Comprehensive income 167.4 130.8
Comprehensive earnings attributable to noncontrolling interest (0.5) (0.5)
Comprehensive income attributable to Vulcan $ 166.9 $ 130.3
Basic earnings (loss) per share attributable to Vulcan    
Continuing operations (in usd per share) $ 1.27 $ 0.98
Discontinued operations (in usd per share) 0.00 (0.01)
Net earnings (in usd per share) 1.27 0.97
Diluted earnings (loss) per share attributable to Vulcan    
Continuing operations (in usd per share) 1.27 0.98
Discontinued operations (in usd per share) (0.01) (0.01)
Net earnings (in usd per share) $ 1.26 $ 0.97
Weighted-average common shares outstanding    
Basic (in shares) 130.7 132.4
Assuming dilution (in shares) 131.2 133.0
Effective tax rate from continuing operations 21.60% 20.60%
XML 19 R5.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities    
Net earnings $ 166.0 $ 129.4
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation, depletion, accretion and amortization 170.3 186.4
Noncash operating lease expense 13.5 13.5
Net (gain) loss on sale of property, plant & equipment and businesses 0.3 (7.4)
Contributions to pension plans (0.8) (1.2)
Share-based compensation expense 15.5 13.9
Deferred income taxes, net 3.3 (1.8)
Changes in assets and liabilities before initial effects of business acquisitions and dispositions (130.5) (85.2)
Other, net 3.5 3.9
Net cash provided by operating activities 241.1 251.5
Investing Activities    
Purchases of property, plant & equipment (176.5) (168.0)
Proceeds from sale of property, plant & equipment 1.6 17.7
Proceeds from sale of businesses 0.0 19.0
Payment for businesses acquired, net of acquired cash and adjustments (0.0) 4.7
Other, net (0.0) 0.1
Net cash used for investing activities (174.9) (126.5)
Financing Activities    
Proceeds from short-term debt 197.0 0.0
Payment of short-term debt and other financing obligations (50.0) (0.0)
Payment of current maturities and long-term debt (0.4) (400.4)
Payment of finance leases (3.3) (2.9)
Purchases of common stock (149.5) (38.1)
Dividends paid (67.9) (66.0)
Share-based compensation, shares withheld for taxes (37.8) (25.4)
Other, net 0.0 (0.1)
Net cash used for financing activities (111.9) (532.9)
Net decrease in cash and cash equivalents and restricted cash (45.7) (407.9)
Cash and cash equivalents and restricted cash at beginning of year 189.4 600.8
Cash and cash equivalents and restricted cash at end of period $ 143.7 $ 192.9
XML 20 R6.htm IDEA: XBRL DOCUMENT v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Nature of Operations
Vulcan Materials Company (the “Company,” “Vulcan,” “we,” “our”), a New Jersey corporation, is the nation’s largest supplier of construction aggregates (primarily crushed stone, sand and gravel) and a major producer of aggregates-intensive downstream products such as asphalt mix and ready-mixed concrete.
We operate primarily in the United States, and our principal product—aggregates—is used in most types of public and private construction projects and in the production of asphalt mix and ready-mixed concrete. Our primary focus is serving metropolitan markets in the United States that are expected to experience the most significant growth in population, households and employment. These three demographic factors are significant drivers of demand for aggregates. While aggregates is our focus and primary business, we produce and sell aggregates-intensive asphalt mix and/or ready-mixed concrete products in certain markets.
Basis of Presentation
Our accompanying unaudited condensed consolidated financial statements were prepared in compliance with the instructions to Form 10-Q and Article 10 of Regulation S-X and thus do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (GAAP) for complete financial statements. We prepared the accompanying condensed consolidated financial statements on the same basis as our annual financial statements, except for the adoption of new accounting standards, if any, as described in Note 17. Our Condensed Consolidated Balance Sheet as of December 31, 2025 was derived from the audited financial statement, but it does not include all disclosures required by GAAP. In the opinion of our management, the statements reflect all adjustments, including those of a normal recurring nature, necessary to present fairly the results of the reported interim periods. For further information, refer to the consolidated financial statements and footnotes included in our most recent Annual Report on Form 10-K.
Operating results for the three month period ended March 31, 2026 are not necessarily indicative of the results that may be expected for the year ending December 31, 2026.
Our condensed consolidated financial statements reflect estimates and assumptions made by management that affect the reported amounts of assets, liabilities, revenues and expenses. The most significant estimates and assumptions included in the preparation of these financial statements are related to goodwill and long-lived asset impairments, business combinations and purchase price allocation, pension and other postretirement benefits, environmental compliance, claims and litigation including self-insurance, and income taxes (refer to the Critical Accounting Policies included in Item 7 of our most recent Annual Report on Form 10-K). Events that relate to conditions arising after March 31, 2026 will be reflected in management’s estimates for future periods.
Noncontrolling Interest
We own an 88% controlling interest in the Orca Sand and Gravel Limited Partnership (Orca) which was formed to develop the Orca quarry in British Columbia, Canada. The remaining 12% noncontrolling interest is held by the Namgis First Nation (Namgis). This noncontrolling interest consists of the Namgis’ share of the fair value equity in the partnership. Our condensed consolidated financial statements recognize the full fair value of all of the subsidiary’s assets and liabilities offset by the noncontrolling interest in total equity.
Restricted Cash
Restricted cash primarily consists of cash proceeds from the sale of property held in escrow for the acquisition of replacement property under like-kind exchange agreements. The escrow accounts are administered by an intermediary. Cash restricted pursuant to like-kind exchange agreements remains restricted for a maximum of 180 days from the date of the property sale pending the acquisition of replacement property. Restricted cash may also include cash reserved by other contractual agreements (such as asset purchase agreements) for a specified purpose and therefore is not available for use for other purposes. Restricted cash is included with cash and cash equivalents in the accompanying Condensed Consolidated Statements of Cash Flows.
Accounts and Notes Receivable
Allowance for credit losses is based on our assessment of the collectability of customer accounts. We regularly review the allowance by considering factors such as historic experience, credit quality, the age of the accounts receivable balances, and current economic conditions that may affect a customer's ability to pay. Allowances for credit losses were $10.1 million, $10.5 million and $13.0 million at March 31, 2026, December 31, 2025 and March 31, 2025, respectively.
Inventories
Inventories and supplies are stated at the lower of cost or net realizable value. Inventories are as follows:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Finished products$564.1 $557.7 $570.3 
Raw materials41.0 36.7 65.7 
Products in process6.7 5.4 10.3 
Operating supplies and other84.0 80.7 74.7 
Total inventories$695.8 $680.5 $721.0 
Discontinued Operations
In 2005, we sold substantially all the assets of our Chemicals business to a subsidiary of Occidental Chemical Corporation. The financial results of the Chemicals business are classified as discontinued operations in the accompanying Condensed Consolidated Statements of Comprehensive Income for all periods presented. Results from discontinued operations are as follows:
Three Months Ended
March 31
in millions20262025
Pretax loss$(1.4)$(1.3)
Income tax benefit 0.4 0.4 
Loss on discontinued operations, net of tax$(1.0)$(0.9)
Our discontinued operations include charges related to general and product liability costs, including legal defense costs, and environmental remediation costs associated with our former Chemicals business (including certain matters as discussed in Note 8). There were no revenues from discontinued operations for the periods presented.
Earnings Per Share (EPS)
Earnings per share are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS), as set forth below:
Three Months Ended
March 31
in millions20262025
Weighted-average common shares outstanding130.7132.4
Dilutive effect of
Stock-Only Stock Appreciation Rights0.10.1
Other stock compensation awards0.40.5
Weighted-average common shares outstanding, assuming dilution131.2133.0
All dilutive common stock equivalents are reflected in our earnings per share calculations. In periods of loss, shares that otherwise would have been included in our diluted weighted-average common shares outstanding computation would be excluded.
Antidilutive common stock equivalents are not included in our earnings per share calculations. The number of antidilutive common stock equivalents for which the exercise price exceeds the weighted-average market price is as follows:
Three Months Ended
March 31
in millions20262025
Antidilutive common stock equivalents0.10.1
Property, Plant & Equipment
Property, plant & equipment are carried at cost less accumulated depreciation, depletion and amortization. Allowances for depreciation, depletion and amortization were $6,483.4 million, $6,356.1 million and $6,152.9 million at March 31, 2026, December 31, 2025 and March 31, 2025, respectively.
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LEASES
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
LEASES LEASES
Our portfolio of nonmineral leases is composed of leases for real estate (including office buildings, aggregates sales yards and terminals, and concrete and asphalt sites) and equipment (including railcars and rail track, barges, and office, plant and mobile equipment).
Lease right-of-use (ROU) assets and liabilities and the weighted-average lease terms and discount rates are as follows:
dollars in millionsClassification on the Balance SheetMarch 31
2026
December 31
2025
March 31
2025
Assets 1
Operating lease ROU assets$686.0 $674.2 $711.9 
Accumulated amortization(160.1)(152.7)(145.9)
Operating leases, netOperating lease right-of-use assets, net525.9 521.5 566.0 
Finance lease ROU assets23.8 35.3 52.2 
Accumulated depreciation(11.6)(18.6)(23.8)
Finance leases, netProperty, plant & equipment, net12.2 16.7 28.4 
Total lease assets$538.1 $538.2 $594.4 
Liabilities 1
Current
Operating leases
Other current liabilities$45.6 $44.5 $51.2 
Finance leases
Other current liabilities4.3 5.8 10.7 
Noncurrent
Operating leases
Noncurrent operating lease liabilities525.8 522.6 556.1 
Finance leases
Other noncurrent liabilities5.6 5.0 6.9 
Total lease liabilities$581.3 $577.9 $624.9 
Lease Term and Discount Rate
Weighted-average remaining lease term (years)
Operating leases18.818.918.7
Finance leases2.52.42.1
Weighted-average discount rate
Operating leases4.8%4.8%4.7%
Finance leases4.4%4.0%3.4%
1.Balances at March 31, 2026 and December 31, 2025 exclude lease assets and liabilities classified as held for sale as detailed in Note 16.
Our lease agreements do not contain material residual value guarantees, restrictive covenants or early termination options. In addition to the lease assets and liabilities presented in the table above, we entered into an agreement to lease a terminal in California and expect to have all permits in place associated with all lease commencement options by the second half of 2026.
The components of lease expense are as follows:
Three Months Ended
March 31
in millions20262025
Finance lease cost
Depreciation of right-of-use assets$1.7 $2.1 
Interest on lease liabilities0.1 0.2 
Operating lease cost20.7 20.4 
Short-term lease cost 1
10.4 12.1 
Variable lease cost4.8 4.0 
Sublease income(1.0)(0.9)
Sale and leaseback gain0.0 (4.6)
Total lease expense$36.7 $33.3 
1.Includes the cost of leases with an initial term of one year or less (including those with terms of one month or less).
Cash paid for operating leases was $20.6 million and $20.0 million for the three months ended March 31, 2026 and 2025, respectively. Cash paid for finance leases (principal and interest) was $3.4 million and $3.1 million for the three months ended March 31, 2026 and 2025, respectively.
LEASES LEASES
Our portfolio of nonmineral leases is composed of leases for real estate (including office buildings, aggregates sales yards and terminals, and concrete and asphalt sites) and equipment (including railcars and rail track, barges, and office, plant and mobile equipment).
Lease right-of-use (ROU) assets and liabilities and the weighted-average lease terms and discount rates are as follows:
dollars in millionsClassification on the Balance SheetMarch 31
2026
December 31
2025
March 31
2025
Assets 1
Operating lease ROU assets$686.0 $674.2 $711.9 
Accumulated amortization(160.1)(152.7)(145.9)
Operating leases, netOperating lease right-of-use assets, net525.9 521.5 566.0 
Finance lease ROU assets23.8 35.3 52.2 
Accumulated depreciation(11.6)(18.6)(23.8)
Finance leases, netProperty, plant & equipment, net12.2 16.7 28.4 
Total lease assets$538.1 $538.2 $594.4 
Liabilities 1
Current
Operating leases
Other current liabilities$45.6 $44.5 $51.2 
Finance leases
Other current liabilities4.3 5.8 10.7 
Noncurrent
Operating leases
Noncurrent operating lease liabilities525.8 522.6 556.1 
Finance leases
Other noncurrent liabilities5.6 5.0 6.9 
Total lease liabilities$581.3 $577.9 $624.9 
Lease Term and Discount Rate
Weighted-average remaining lease term (years)
Operating leases18.818.918.7
Finance leases2.52.42.1
Weighted-average discount rate
Operating leases4.8%4.8%4.7%
Finance leases4.4%4.0%3.4%
1.Balances at March 31, 2026 and December 31, 2025 exclude lease assets and liabilities classified as held for sale as detailed in Note 16.
Our lease agreements do not contain material residual value guarantees, restrictive covenants or early termination options. In addition to the lease assets and liabilities presented in the table above, we entered into an agreement to lease a terminal in California and expect to have all permits in place associated with all lease commencement options by the second half of 2026.
The components of lease expense are as follows:
Three Months Ended
March 31
in millions20262025
Finance lease cost
Depreciation of right-of-use assets$1.7 $2.1 
Interest on lease liabilities0.1 0.2 
Operating lease cost20.7 20.4 
Short-term lease cost 1
10.4 12.1 
Variable lease cost4.8 4.0 
Sublease income(1.0)(0.9)
Sale and leaseback gain0.0 (4.6)
Total lease expense$36.7 $33.3 
1.Includes the cost of leases with an initial term of one year or less (including those with terms of one month or less).
Cash paid for operating leases was $20.6 million and $20.0 million for the three months ended March 31, 2026 and 2025, respectively. Cash paid for finance leases (principal and interest) was $3.4 million and $3.1 million for the three months ended March 31, 2026 and 2025, respectively.
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INCOME TAXES
3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
Our estimated annual effective tax rate (EAETR) is based on full-year expectations of pretax earnings, statutory tax rates and permanent differences between book and tax accounting such as percentage depletion. For interim financial reporting, we calculate our quarterly income tax provision in accordance with the EAETR. Each quarter, we update our EAETR based on our revised full-year expectation of pretax earnings and calculate the income tax provision so that the year-to-date income tax provision reflects the EAETR. Significant judgment is required in determining our EAETR. Certain taxes may be computed outside of the EAETR and recognized when the event occurs, such as payments of share-based awards and significant, unusual, or infrequently occurring events.
In the first quarter of 2026, we recorded income tax expense from continuing operations of $45.9 million compared to $33.8 million in the first quarter of 2025. The increase in tax expense was primarily due to the increase in pretax earnings
As discussed in Note 8, in May 2022, Mexican government officials unexpectedly and arbitrarily shut down our Calica operations in Mexico. In 2025, Calica had deferred tax assets (including net operating losses) of $37.3 million against which we have a full valuation allowance recorded. In 2026, we project a $6.3 million increase in deferred tax assets against which we have recorded a valuation allowance as a component of the EAETR. A majority of the deferred tax assets relate to a net operating loss (NOL) carryforward which would expire between 2032 and 2036 if not utilized. Should the Mexican government lift the shutdown and/or if we are successful in our North American Free Trade Agreement (NAFTA) claim, we will reevaluate the need for a valuation allowance against the deferred tax assets.
Additionally, Calica is under examination by the Mexican Servicio de Administración Tributaria (SAT) for tax years 2018 and 2019. In the fourth quarter of 2025, SAT issued Calica an audit findings letter for 2018. Among other claims, SAT asserts that Calica had no right to mine and has denied its cost of goods sold deduction. We have recognized the full tax benefit associated with Calica’s cost of goods sold deduction in Mexico, as we believe it is more likely than not that the position will be sustained based upon the technical merits of the position. This position is strictly binary as our tax liability hinges entirely on the legal basis that Calica had the necessary rights to conduct its mining operations during the period in question. Should we be unsuccessful in defending this tax position related to the 2018 audit, we may incur a one-time cash outflow and tax expense of approximately $35 million, which includes $23 million of interest and penalties.
We project Alabama NOL carryforward deferred tax assets at December 31, 2026 of $44.5 million against which we have a valuation allowance of $32.4 million. We expect $9.5 million of the Alabama NOL carryforward to expire in 2026 resulting in a tax benefit of $0.8 million (recorded as a component of the EAETR) compared to the previous amount of valuation allowance recorded. Almost all of the Alabama NOL carryforward would expire between 2026 and 2029 if not utilized.
In August 2022, the Inflation Reduction Act (IRA) was signed into law, effective for tax years beginning on or after January 1, 2023. The IRA introduced a corporate alternative minimum tax (CAMT) of 15% applicable to corporations with adjusted financial statement income (AFSI) in excess of $1 billion determined on a prior three-year average. In 2026, we anticipate our average AFSI will exceed the applicable threshold which subjects us to CAMT for the current year and all future years. However, we do not expect to pay any CAMT in 2026.
In July 2025, President Trump signed into law H.R.1 - One Big Beautiful Bill Act. Certain provisions relevant to us became effective beginning January 1, 2026, but none are material to our effective tax rate.
A summary of our deferred tax assets and liabilities is included in Note 9 “Income Taxes” in our Annual Report on Form 10-K for the year ended December 31, 2025.
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REVENUES
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
REVENUES REVENUES
Revenues are measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Sales taxes and other taxes we collect are recorded as liabilities until remitted and thus are excluded from revenues. Costs to obtain and fulfill contracts (primarily asphalt construction paving contracts) are immaterial and are expensed as incurred when the expected amortization period is one year or less.
Our segment total revenues by geographic market for the three month periods ended March 31, 2026 and 2025 are disaggregated as follows:
Three Months Ended March 31, 2026
in millionsAggregatesAsphaltConcreteTotal
East revenues$378.4 $25.8 $65.6 $469.8 
Gulf Coast revenues834.1 41.7 2.1 877.9 
West revenues238.0 148.3 119.8 506.1 
Segment sales$1,450.5 $215.8 $187.5 $1,853.8 
Intersegment sales(97.9)0.0 0.0 (97.9)
Total revenues 1
$1,352.6 $215.8 $187.5 $1,755.9 
 Three Months Ended March 31, 2025
in millionsAggregatesAsphaltConcreteTotal
East revenues$395.9 $24.3 $70.3 $490.5 
Gulf Coast revenues738.6 52.4 1.6 792.6 
West revenues201.4 132.0 105.1 438.5 
Segment sales$1,335.9 $208.7 $177.0 $1,721.6 
Intersegment sales(87.0)0.0 0.0 (87.0)
Total revenues 1
$1,248.9 $208.7 $177.0 $1,634.6 
The geographic markets are defined by states/countries as follows:
East market — Arkansas, Delaware, Illinois, Kentucky, Maryland, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, Virginia and Washington D.C.
Gulf Coast market — Alabama, Florida, Georgia, Louisiana, Mississippi, Oklahoma, South Carolina, Texas, U.S. Virgin Islands, Freeport (Bahamas), Puerto Cortés (Honduras) and Quintana Roo (Mexico)
West market — Arizona, California, Hawaii, New Mexico and British Columbia (Canada)
Total revenues are primarily derived from our product sales of aggregates (crushed stone, sand and gravel, sand and other aggregates), asphalt mix and ready-mixed concrete, and include freight & delivery costs that we pass along to our customers to deliver these products. We also generate service revenues from our asphalt construction paving business and service revenues related to our aggregates business, such as landfill tipping fees. Our total service revenues were $43.7 million (2.5% of total revenues) and $44.8 million (2.7% of total revenues) for the three months ended March 31, 2026 and 2025, respectively.
Our products typically are sold to private industry and not directly to governmental entities. Although approximately 40% to 55% of our aggregates shipments have historically been used in publicly funded construction (such as highways, airports and government buildings), a relatively small portion of our sales are made directly to federal, state, county or municipal governments/agencies. Therefore, although reductions in state and federal funding can curtail publicly funded construction, the vast majority of our business is not directly subject to renegotiation of profits or termination of contracts with local, state or federal governments.
Product Revenues
Revenue is recognized when obligations under the terms of a contract with our customer are satisfied; generally, this occurs at a point in time when our aggregates, asphalt mix and ready-mixed concrete are shipped/delivered and control passes to the customer. Revenue for our products is recorded at the fixed invoice amount, and payment is due by the 15th day of the following month. We do not offer discounts for early payment.
Freight & delivery generally represents pass-through transportation costs we incur (including our administrative costs) and pay to third-party carriers to deliver our products to customers and are accounted for as a fulfillment activity. Likewise, the costs related to freight & delivery are included in cost of revenues.
Freight & delivery revenues are as follows:
Three Months Ended
March 31
in millions20262025
Total revenues$1,755.9 $1,634.6 
Freight & delivery revenues 1
(238.7)(219.8)
Total revenues excluding freight & delivery$1,517.2 $1,414.8 
1.Includes freight & delivery to remote distribution sites.
Construction Paving Service Revenues
Revenue from our asphalt construction paving business is recognized over time using the percentage-of-completion method under the cost approach. The percentage of completion is determined by costs incurred to date as a percentage of total costs estimated for the project. Under this approach, recognized contract revenue equals the total estimated contract revenue multiplied by the percentage of completion. Future revenues from unsatisfied performance obligations (including contracts with an expected duration of 1 year or less) at March 31, 2026 and 2025 were $204.2 million and $229.9 million, respectively. The remaining period to complete the obligations at March 31, 2026 ranged from 1 month to 28 months.
Our construction contracts are unit priced, and an account receivable is recorded for amounts invoiced based on actual units produced. Contract assets for estimated earnings in excess of billings, contract assets related to retainage provisions and contract liabilities for billings in excess of costs are immaterial. Variable consideration in our construction paving contracts is immaterial and consists of incentives and penalties based on the quality of work performed. Our construction paving contracts may contain warranty provisions covering defects in equipment, materials, design or workmanship that generally run from nine months to one year after project completion. Due to the nature of our construction paving projects, including contract owner inspections of the work during construction and prior to acceptance, we have not experienced material warranty costs for these short-term warranties.
Volumetric Production Payment Deferred Revenues
In 2013 and 2012, we sold a percentage interest in certain future aggregates production for net cash proceeds of $226.9 million. These transactions, structured as volumetric production payments (VPPs):
relate to eight quarries in Georgia and South Carolina
provide the purchaser solely with a nonoperating percentage interest in the subject quarries’ future aggregates production
contain no minimum annual or cumulative guarantees by us for production or sales volume, nor minimum sales price
are both volume and time limited
We are the exclusive sales agent for, and transmit quarterly to the purchaser the proceeds from the sale of, the purchaser’s share of aggregates production. Our consolidated total revenues exclude the revenue from the sale of the purchaser’s share of aggregates.
The proceeds we received from the sale of the percentage interest were recorded as deferred revenue on the balance sheet. We recognize revenue on a unit-of-sales basis (as we sell the purchaser’s share of production) relative to the volume limitations of the transactions. Given the nature of the risks and potential rewards assumed by the buyer, the transactions do not reflect financing activities.
Changes in our deferred revenue balances (current and noncurrent) are as follows:
 Three Months Ended
March 31
in millions20262025
Deferred revenue balance at beginning of period$138.1 $145.3 
Revenue recognized from deferred revenue(1.6)(1.6)
Deferred revenue balance at end of period$136.5 $143.7 
Based on expected sales from the specified quarries, we expect to recognize $7.5 million of VPP deferred revenue as income during the twelve-month period ending March 31, 2027 (reflected in other current liabilities in our March 31, 2026 Condensed Consolidated Balance Sheet).
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FAIR VALUE MEASUREMENTS
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels as described below:
Level 1: Quoted prices in active markets for identical assets or liabilities
Level 2: Inputs that are derived principally from or corroborated by observable market data
Level 3: Inputs that are unobservable and significant to the overall fair value measurement
Our assets subject to fair value measurement on a recurring basis are summarized below:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Level 1 Fair Value
Rabbi Trust
Mutual funds$44.9 $42.6 $36.2 
Total$44.9 $42.6 $36.2 
Level 2 Fair Value
Rabbi Trust
Money market mutual fund$1.4 $2.1 $3.6 
Total$1.4 $2.1 $3.6 
We have two Rabbi Trusts for the purpose of providing a level of security for the employee nonqualified retirement and deferred compensation plans and for the directors' nonqualified deferred compensation plans. The fair values of these investments are estimated using a market approach. The Level 1 investments include mutual funds for which quoted prices in active markets are available. Level 2 investments are stated at estimated fair value based on the underlying investments in the fund (high-quality, short-term money market instruments).
Net gains of the Rabbi Trusts’ investments were $1.4 million and $0.3 million for the three months ended March 31, 2026 and 2025, respectively. Unrealized gains on investments held by the Rabbi Trusts at March 31, 2026 and 2025 were $1.2 million and $3.1 million, respectively.
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DERIVATIVE INSTRUMENTS
3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
DERIVATIVE INSTRUMENTS DERIVATIVE INSTRUMENTS
During the normal course of operations, we are exposed to market risks including interest rates, foreign currency exchange rates and commodity prices. From time to time, we use derivative instruments to balance the cost and risk of such expenses. We do not use derivative instruments for trading or other speculative purposes.
In prior periods, we entered into interest rate locks of future debt issuances to hedge the risk of higher interest rates. These interest rate locks were designated as cash flow hedges. The gain/loss upon settlement of these cash flow hedges is deferred (recorded in accumulated other comprehensive income (loss) (AOCI)) and amortized to interest expense over the term of the related debt.
This amortization was reflected in the accompanying Condensed Consolidated Statements of Comprehensive Income as follows:
in millionsIncome Statement
Location
Three Months Ended
March 31
20262025
Loss reclassified from AOCIInterest expense$(0.6)$(0.6)
For the twelve-month period ending March 31, 2027, we estimate that $2.5 million of the $15.5 million net of tax loss in AOCI will be reclassified to interest expense.
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DEBT
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
DEBT DEBT
Debt is detailed as follows:
in millionsEffective
Interest Rates
March 31
2026
December 31
2025
March 31
2025
Bank line of credit expires 2029
$0.0 $0.0 $0.0 
Commercial paper expires 2029
197.0 0.0 0.0 
Total short-term debt$197.0 $0.0 $0.0 
Commercial paper expires 2029 1
0.0 0.0 550.0 
3.90% notes due 2027
4.00%400.0 400.0 400.0 
4.95% notes due 2029
5.17%500.0 500.0 500.0 
3.50% notes due 2030
3.94%750.0 750.0 750.0 
5.35% notes due 2034
5.48%750.0 750.0 750.0 
7.15% notes due 2037
8.05%129.2 129.2 129.2 
4.50% notes due 2047
4.59%700.0 700.0 700.0 
4.70% notes due 2048
5.42%460.9 460.9 460.9 
5.70% notes due 2054
5.82%750.0 750.0 750.0 
Other notes0.0 0.5 0.6 
Total long-term debt - face value$4,440.1 $4,440.6 $4,990.7 
Unamortized discounts and debt issuance costs(77.1)(78.5)(82.3)
Total long-term debt - book value$4,363.0 $4,362.1 $4,908.4 
Current maturities0.0 (0.4)(0.5)
Total long-term debt - reported value$4,363.0 $4,361.7 $4,907.9 
Estimated fair value of long-term debt$4,243.0 $4,333.3 $4,794.5 
1.Borrowings on the commercial paper program are classified as long-term if we have the intent and ability to extend payment beyond twelve months.
Discounts and debt issuance costs are amortized using the effective interest method over the terms of the respective notes resulting in $1.3 million and $1.4 million of net interest expense for these items for the three months ended March 31, 2026 and 2025, respectively.
Line of Credit and Commercial Paper Program
Our $1,600.0 million unsecured commercial paper program was established in August 2022 and matures in November 2029. Our commercial paper is fully back-stopped by our line of credit and contains covenants customary for an unsecured investment-grade facility. As of March 31, 2026, we were in compliance with the commercial paper covenants. Commercial paper borrowings bear interest at rates determined at the time of borrowing and as agreed between us and the commercial paper investors. As of March 31, 2026, we had $197.0 million in short-term commercial paper borrowings with a 3.95% effective interest rate.
Our $1,600.0 million unsecured line of credit was amended in November 2024 to extend the maturity date from August 2027 to November 2029. Our line of credit contains covenants customary for an unsecured investment-grade facility. As of March 31, 2026, we were in compliance with the line of credit covenants. Borrowings on the line of credit bear interest, at our option, at either SOFR plus a margin or Truist Bank’s base rate plus a margin. The margins are determined by our credit ratings. Standby letters of credit, which are issued under the line of credit and reduce availability, are charged a fee equal to the margin for SOFR borrowings plus 0.175%. We also pay a commitment fee on the daily average unused amount of the line of credit that ranges from 0.090% to 0.225% determined by our credit ratings. As of March 31, 2026, the margin for SOFR borrowings was 1.125%, the margin for base rate borrowings was 0.125% and the commitment fee for the unused amount was 0.100%.
As of March 31, 2026, our available borrowing capacity under the line of credit was $1,576.9 million. Utilization of the borrowing capacity was as follows:
None was borrowed
$23.1 million was used to support standby letters of credit
Term Debt
All of our $4,440.1 million (face value) of term debt is unsecured. All of the covenants in the debt agreements are customary for investment-grade facilities. As of March 31, 2026, we were in compliance with all term debt covenants.
In November 2024, we issued $500.0 million of 4.95% senior notes due 2029, $750.0 million of 5.35% senior notes due 2034 and $750.0 million of 5.70% senior notes due 2054. Total proceeds of $1,975.0 million (net of discounts and transaction costs), together with cash on hand, were used to provide liquidity for acquisitions in 2024 and debt maturing in 2025.
In March 2025, we redeemed the $400.0 million senior notes due April 2025 using cash on hand.
Additionally, in February 2026, we paid a $50.0 million note payable (included in other current liabilities in the accompanying Condensed Consolidated Balance Sheet at December 31, 2025) related to an acquisition completed in 2022.
Standby Letters of Credit
We provide, in the normal course of business, certain third-party beneficiaries with standby letters of credit to support our obligations to pay or perform according to the requirements of an underlying agreement. Such letters of credit typically have an initial term of one year, renew automatically and can only be modified or canceled with the approval of the beneficiary. Except for $1.1 million of letters of credit related to acquisitions completed in 2024, our standby letters of credit are issued by banks that participate in our $1,600.0 million line of credit and reduce the borrowing capacity thereunder. Our standby letters of credit as of March 31, 2026 are summarized by purpose in the table below:
in millions
Risk management insurance$9.8 
Reclamation/restoration requirements14.4 
Total standby letters of credit$24.2 
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COMMITMENTS AND CONTINGENCIES
3 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES
Certain of our aggregates reserves are burdened by volumetric production payments (nonoperating interest) as described in Note 4. As the holder of the operating interest, we have responsibility to bear the cost of mining and producing the reserves attributable to this nonoperating interest.
As stated in Note 2, our lease liabilities totaled $581.3 million as of March 31, 2026.
As summarized by purpose in Note 7, our standby letters of credit totaled $24.2 million as of March 31, 2026.
As described in Note 9, our asset retirement obligations totaled $460.0 million as of March 31, 2026.
Litigation and Environmental Matters
We are subject to occasional governmental proceedings and orders pertaining to occupational safety and health or to protection of the environment, such as proceedings or orders relating to noise abatement, air emissions or water discharges. As part of our continuing program of stewardship in safety, health and environmental matters, we have been able to resolve such proceedings and to comply with such orders without any material adverse effects on our business.
We have received notices from the United States Environmental Protection Agency (EPA) or similar state or local agencies that we are considered a potentially responsible party (PRP) at a limited number of sites under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA or Superfund) or similar state and local environmental laws. Generally, we share the cost of remediation at these sites with other PRPs or alleged PRPs in accordance with negotiated or prescribed allocations. There is inherent uncertainty in determining the potential cost of remediating a given site and in determining any individual party's share in that cost. As a result, estimates can change substantially as additional information becomes available regarding the nature or extent of site contamination, remediation methods, other PRPs and their probable level of involvement, and actions by or against governmental agencies or private parties.
We have reviewed the nature and extent of our involvement at each Superfund site as well as potential obligations arising under other federal, state and local environmental laws. While ultimate resolution and financial liability is uncertain at a number of the sites, in our opinion, based on information currently available, the ultimate resolution of claims and assessments related to these sites will not have a material effect on our consolidated results of operations, financial position or cash flows, although amounts recorded in a given period could be material to our results of operations or cash flows for that period. Amounts accrued for environmental matters (measured on an undiscounted basis) are presented below:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Continuing operations$45.6 $45.7 $47.7 
Retained from former Chemicals business8.4 8.4 8.3 
Total accrued environmental remediation costs$54.0 $54.1 $56.0 
We are a defendant in various lawsuits in the ordinary course of business. It is not possible to determine with precision the outcome, or the amount of liability, if any, under these lawsuits, especially where the cases involve possible jury trials with as yet undetermined jury panels.
In addition to these lawsuits in which we are involved in the ordinary course of business, certain other material legal proceedings are specifically described below.
LOWER PASSAIC RIVER STUDY AREA (DISCONTINUED OPERATIONS and SUPERFUND SITE) — The Lower Passaic River Study Area is part of the Diamond Shamrock Superfund Site in New Jersey. Vulcan and approximately 70 other companies are parties to a May 2007 Administrative Order on Consent with the EPA to perform a Remedial Investigation/Feasibility Study (draft RI/FS) of the lower 17 miles of the Passaic River (River). The draft RI/FS was submitted recommending a targeted hot spot remedy; however, the EPA issued a record of decision in March 2016 that calls for a bank-to-bank dredging remedy for the lower 8 miles of the River. The EPA estimates that the cost of implementing this proposal is $1.38 billion. In September 2016, the EPA entered into an Administrative Settlement Agreement and Order on Consent with Occidental Chemical Corporation (Occidental) in which Occidental agreed to undertake the remedial design for this bank-to-bank dredging remedy and to reimburse the United States for certain response costs.
Efforts to investigate and remediate the River have been underway for many years and have involved hundreds of entities that have had operations on or near the River at some point during the past several decades. We formerly owned a chemicals
operation near the mouth of the River, which was sold in 1974. The major risk drivers in the River have been identified to include dioxins, PCBs, DDx and mercury. We did not manufacture any of these risk drivers and have no evidence that any of these were discharged into the River by Vulcan.
In 2021, certain PRPs, including Vulcan, received a joint confidential settlement demand from the EPA/Department of Justice (DOJ). Vulcan and certain of the other PRPs that received the joint confidential settlement demand reached an agreement to settle with the EPA/DOJ and negotiated a Consent Decree. The court granted the motion to enter the Consent Decree in December 2024. Occidental thereafter filed an appeal challenging the entry of the Consent Decree. The appeal remains pending. Vulcan’s portion of the settlement is within the immaterial loss recorded for this matter in 2015.
In July 2018, Vulcan, along with more than 100 other defendants, was sued by Occidental in United States District Court for the District of New Jersey, Newark Vicinage. Occidental is seeking cost recovery and contribution under CERCLA for costs related to the River. This lawsuit is currently stayed. In another related proceeding, Occidental filed a lawsuit in March 2023 against Vulcan and 39 other defendants in United States District Court for the District of New Jersey, Newark Vicinage seeking cost recovery and contribution under CERCLA for costs related to the upper 9 miles of the River. It is unknown at this time how the settlement and approval of the Consent Decree with the EPA/DOJ would affect the Occidental lawsuits.
1,1,1-TRICHLOROETHANE LITIGATION (DISCONTINUED OPERATIONS) — During the operation of our former Chemicals Division, which was divested to Occidental in 2005, Vulcan manufactured a chlorinated solvent known as 1,1,1-trichloroethane. Vulcan faces liabilities related to 1,1,1-trichloroethane stabilized with 1,4-dioxane ("TCA"). We are one of the defendants in cases filed in both state and federal courts, including one case filed by the State of New Jersey. According to the various complaints, the plaintiffs seek damages including, but not limited to, unspecified compensatory damages associated with the remediation of water wells allegedly contaminated with 1,4-dioxane, natural resource damages, disgorgement of profits from the sale of TCA, punitive damages, as well as penalties and attorney's fees under various statutes. During the fourth quarter of 2025, a Vulcan insurer directly negotiated the settlement of the largest plaintiff case filed in federal court in New York. Vulcan’s insurer funded the settlement in excess of Vulcan’s immaterial self-insured retention amount. We will vigorously defend the remaining cases on substantive and procedural grounds. At this time, we cannot determine the likelihood of loss, or reasonably estimate a range of loss, if any, pertaining to the above-referenced cases.
HEWITT LANDFILL MATTER (SUPERFUND SITE) — In 2015, the Los Angeles Regional Water Quality Control Board (RWQCB) issued a Cleanup and Abatement Order (CAO) directing Calmat Co., a Vulcan subsidiary (hereinafter Vulcan), to assess, monitor, cleanup, and abate wastes that have been discharged to soil, soil vapor, and/or groundwater at the former Hewitt Landfill in Los Angeles.
Following an extensive investigation and pilot scale testing, Vulcan implemented an onsite corrective action plan approved by RWQCB that includes a groundwater pump, treat and reinjection system. In 2024, the RWQCB made a request under the CAO for a work plan to install additional monitoring wells and optimize and expand the existing on-site remediation system. This request complements expansion discussions with the EPA and other stakeholders as part of an Alternative Design Plan (ADP). Currently-anticipated costs of these on-site source control activities have been fully accrued.
We are also engaged in an ongoing dialogue with the EPA and the Los Angeles Department of Water and Power (LADWP) regarding the potential contribution of the Hewitt Landfill to groundwater contamination in the North Hollywood Operable Unit (NHOU) of the San Fernando Valley Superfund Site.
The EPA and Vulcan entered into a 2017 Administrative Order on Consent (AOC) for the design of two extraction wells south of the Hewitt Landfill to protect the North Hollywood West (NHW) wellfield. Thereafter, LADWP proposed and ultimately constructed two water production and well head treatment facilities—the NHW system and the North Hollywood Central (NHC) system—at LADWP wellfields located near the Hewitt Landfill. After significant evaluation of the likely effect of LADWP’s water production facilities on other previously-feasible remediation options and the exchange of numerous workplans and evaluation reports, Vulcan submitted an ADP to the EPA in 2025. The ADP relies upon the RWQCB-approved expansion of the onsite Hewitt remedy and, necessarily, the two well head treatment systems operated by LADWP as the preferred method to address the off-site impacts that were the target of the 2017 AOC. The ADP further contemplates an agreement on the coordination of the operation of the onsite Hewitt remedy and LADWP’s well head treatment systems. The EPA, Vulcan, and LADWP continue to engage in a dialogue regarding the coordination of the systems. At this time, we cannot reasonably estimate a range of a loss pertaining to potential work completed at the direction of the EPA.
Additionally, Vulcan is in a dispute with LADWP regarding the cost and necessity of LADWP's construction of the two well head treatment facilities and Vulcan's relative contribution to their construction and operation. LADWP has alleged that the Hewitt Landfill is one of the primary sources of contamination at the NHW system and one of the sources of contamination at the NHC system. According to information available on the California State Water Resources Control Board (SWRCB) website, the
capital cost of the NHW system is estimated at $92 million, and the capital cost of the NHC system is estimated at $245 million. LADWP has also alleged that it incurred damages related to investigation and monitoring costs and its historical inability to use water in the vicinity of its wellfields. LADWP’s investigation and monitoring allegations include its publicly-reported six-year $11.5 million Groundwater System Improvement Study and the installation and monitoring of 26 wells in support of the study, for which LADWP has reported costs of an additional $22 million. Additionally, both systems will incur significant costs for operation and maintenance. LADWP presented a demand to Vulcan in January 2026 that included actual costs in excess of these publicly-reported estimates.
We anticipate continued discussions with LADWP regarding its alleged damages and potential claims. In conjunction with those discussions, we are engaging in further efforts to gather and analyze records and data in order to assess the extent of possible contribution by the Hewitt Landfill to the groundwater contamination in the area, consistent with the parallel request by the EPA, and the reasonableness of LADWP’s efforts. This work is also intended to assist in identification of other PRPs that may have contributed to groundwater contamination in the area of the NHW and NHC systems. Together, these efforts will allow us to analyze our anticipated equitable contribution to LADWP’s treatment systems and the ongoing operation of the systems. Among other factors, we anticipate that any contribution should take into account the on-site source control and other measures implemented by Vulcan at the former Hewitt Landfill, the relative contribution and duration of any contaminants originating from the Hewitt Landfill to the LADWP systems, the contribution and duration of contaminants originating from the property and activities of LADWP, and the cost-effectiveness of the LADWP systems. At this time, we cannot reasonably estimate a range of a loss pertaining to LADWP’s potential contribution claim. However, as discussions continue with LADWP and as additional records and data are analyzed, it is reasonably possible that an estimated material loss could be recognized in the near term.
NAFTA ARBITRATION — In September 2018, our subsidiary Legacy Vulcan, LLC (Legacy Vulcan), on its own behalf, and on behalf of our Mexican subsidiary Calizas Industriales del Carmen, S.A. de C.V. (Calica), served the United Mexican States (Mexico) a Notice of Intent to Submit a Claim to Arbitration under Chapter 11 of the North American Free Trade Agreement (NAFTA). This NAFTA claim relates to the treatment of a portion of our quarrying operations in Quintana Roo, Mexico arising from, among other measures, Mexico’s failure to comply with a legally binding zoning agreement and relates to other unfair, arbitrary and capricious actions by Mexico’s environmental enforcement agency. We assert that these actions are in breach of Mexico’s international obligations under NAFTA and international law.
As required by Article 1118 of NAFTA, we sought to settle this dispute with Mexico through consultations. Notwithstanding our good faith efforts to resolve the dispute amicably, we were unable to do so and filed a Request for Arbitration with the International Centre for Settlement of Investment Disputes (ICSID) in December 2018. In January 2019, ICSID registered our Request for Arbitration.
A hearing on the merits took place in July 2021. While we awaited the final resolution from the tribunal, we continued to engage with government officials to pursue an amicable resolution of the dispute. On May 5, 2022, Mexican government officials unexpectedly and arbitrarily shut down Calica’s remaining operations in Mexico. On May 8, 2022, Legacy Vulcan filed an application in the NAFTA arbitration seeking provisional measures and leave to file an ancillary claim in connection with this latest shutdown (see Part I, Item 2 "Management’s Discussion and Analysis of Financial Condition and Results of Operations" under the caption "Known Trends or Uncertainties"). In July 2022, the NAFTA arbitration tribunal granted Legacy Vulcan’s application and ordered Mexico not to take any action that might further aggravate the dispute between the parties or render the resolution of the dispute potentially more difficult. A hearing on the merits of the ancillary claim took place in August 2023. We expect that the NAFTA arbitration tribunal will issue a decision on the claim and ancillary claim during 2026.
At this time, there can be no assurance whether we will be successful in our NAFTA claim and ancillary claim, and we cannot quantify the amount we may recover, if any, under this arbitration proceeding if we are successful.
It is not possible to predict the ultimate outcome of these and other legal proceedings in which we are involved, and a number of factors, including developments in ongoing discovery or adverse rulings, or the verdict of a particular jury, could cause actual losses to differ materially from accrued costs. No liability was recorded for claims and litigation for which a loss was determined to be only reasonably possible or for which a loss could not be reasonably estimated. Legal costs incurred in defense of lawsuits are expensed as incurred. In addition, losses on certain claims and litigation described above may be subject to limitations on a per occurrence basis by excess insurance, as described in our most recent Annual Report on Form 10-K.
XML 28 R14.htm IDEA: XBRL DOCUMENT v3.26.1
ASSET RETIREMENT OBLIGATIONS
3 Months Ended
Mar. 31, 2026
Asset Retirement Obligation Disclosure [Abstract]  
ASSET RETIREMENT OBLIGATIONS ASSET RETIREMENT OBLIGATIONS
Asset retirement obligations (AROs) are legal obligations associated with the retirement of long-lived assets resulting from the acquisition, construction, development and/or normal use of the underlying assets, including legal obligations for land reclamation. Recognition of a liability for an ARO is required in the period in which it is incurred at its estimated fair value. The associated asset retirement costs are capitalized as part of the carrying amount of the underlying asset and depreciated over the estimated useful life of the asset. The ARO liability is accreted through charges to operating expenses. If the ARO liability is settled for a value other than the carrying amount of the liability, we recognize a gain or loss on settlement.
ARO operating costs related to accretion of the liabilities and depreciation of the assets are as follows:
Three Months Ended
March 31
in millions20262025
ARO Operating Costs
Accretion$5.0 $4.3 
Depreciation3.7 3.9 
Total ARO operating costs$8.7 $8.2 
ARO operating costs are reported in cost of revenues. ARO liabilities are reported within other noncurrent liabilities in our accompanying Condensed Consolidated Balance Sheets.
Reconciliations of the carrying amounts of our ARO liabilities are as follows:
Three Months Ended
March 31
in millions20262025
Asset Retirement Obligations
ARO liability balance at beginning of period
$456.5 $427.4 
Liabilities incurred0.0 0.0 
Liabilities settled
(3.0)(5.9)
Accretion expense5.0 4.3 
Revisions, net
1.5 3.7 
ARO liability balance at end of period
$460.0 $429.5 
XML 29 R15.htm IDEA: XBRL DOCUMENT v3.26.1
BENEFIT PLANS
3 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
BENEFIT PLANS BENEFIT PLANS
Pension Plans
We sponsor two qualified, noncontributory defined benefit pension plans, the Vulcan Materials Company Pension Plan (VMC Pension Plan) and the CMG Hourly Pension Plan (CMG Pension Plan). The VMC Pension Plan has been closed to new entrants since 2007, and benefit accruals ceased in 2005 for hourly participants and in 2013 for salaried participants. The CMG Pension Plan is closed to new entrants other than through one small union, and benefits continue to accrue equal to a flat dollar amount for each year of service. In addition to these qualified plans, we sponsor three unfunded, nonqualified pension plans.
The following table sets forth the components of net periodic pension benefit cost:
Three Months Ended
March 31
in millions20262025
Service cost$0.5 $0.5 
Interest cost7.8 8.3 
Expected return on plan assets(9.0)(7.8)
Amortization of actuarial loss1.2 1.2 
Net periodic pension benefit cost$0.5 $2.2 
Pretax amortization from AOCI$1.2 $1.2 
Contributions to pension plans, as reflected on the Condensed Consolidated Statements of Cash Flows, pertain to benefit payments under nonqualified plans and qualified plan contributions of $0.8 million and $1.2 million for the three months ended March 31, 2026 and 2025, respectively.
Postretirement Plans
In addition to pension benefits, we provide certain healthcare and life insurance benefits for some retired employees. Substantially all of our salaried employees and, where applicable, certain of our hourly employees may become eligible for these benefits if they reach a qualifying age and meet certain service requirements. Generally, Company-provided healthcare benefits end when covered individuals become eligible for Medicare benefits, become eligible for other group insurance coverage or reach age 65 (whichever occurs first).
The following table sets forth the components of net periodic other postretirement benefit cost:
Three Months Ended
March 31
in millions20262025
Service cost$0.5 $0.6 
Interest cost0.4 0.5 
Amortization of prior service cost0.4 0.4 
Amortization of actuarial gain(0.4)(0.3)
Net periodic postretirement benefit cost $0.9 $1.2 
Pretax amortization from AOCI
$0.0 $0.1 
Defined Contribution Plans
In addition to our pension and postretirement plans, we sponsor six defined contribution plans. Substantially all salaried and non-union hourly employees are eligible to be covered by one of these plans. Under these plans, we match employees’ eligible contributions at established rates. Expense recognized in connection with these matching obligations totaled $21.0 million and $17.0 million for the three months ended March 31, 2026 and 2025, respectively (reported within other current liabilities in our accompanying Condensed Consolidated Balance Sheets).
XML 30 R16.htm IDEA: XBRL DOCUMENT v3.26.1
OTHER COMPREHENSIVE INCOME
3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
OTHER COMPREHENSIVE INCOME OTHER COMPREHENSIVE INCOME
Comprehensive income comprises two subsets: net earnings and other comprehensive income (OCI). The components of OCI are presented in the accompanying Condensed Consolidated Statements of Comprehensive Income, net of applicable taxes.
Amounts in AOCI, net of tax, are as follows:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Cash flow hedges$(15.5)$(16.0)$(17.3)
Pension and postretirement plans(108.7)(109.6)(108.7)
Total AOCI$(124.2)$(125.6)$(126.0)
Changes in AOCI, net of tax, for the three months ended March 31, 2026 are as follows:
in millionsCash Flow
Hedges
Pension and
Postretirement
Benefit Plans
Total
AOCI Balances as of December 31, 2025$(16.0)$(109.6)$(125.6)
Amounts reclassified from AOCI0.5 0.9 1.4 
AOCI Balances as of March 31, 2026$(15.5)$(108.7)$(124.2)
Amounts reclassified from AOCI to earnings are as follows:
Three Months Ended
March 31
in millions20262025
Amortization of Accumulated Cash Flow Hedge Losses
Interest expense$0.6 $0.6 
Benefit from income taxes(0.1)(0.2)
Total$0.5 $0.4 
Amortization of Accumulated Benefit Plan Costs
Other nonoperating expense$1.2 $1.3 
Benefit from income taxes(0.3)(0.3)
Total$0.9 $1.0 
Total reclassifications from AOCI to earnings$1.4 $1.4 
XML 31 R17.htm IDEA: XBRL DOCUMENT v3.26.1
EQUITY
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
EQUITY EQUITY
Our capital stock consists solely of common stock, par value $1.00 per share, of which 480,000,000 shares may be issued. Holders of our common stock are entitled to one vote per share. We may also issue 5,000,000 shares of preferred stock, but no shares have been issued. The terms and provisions of such shares will be determined by our Board of Directors upon any issuance of preferred shares in accordance with our Certificate of Incorporation.
There were no shares held in treasury as of March 31, 2026, December 31, 2025, or March 31, 2025.
Our common stock purchases (all of which were open market purchases) and subsequent retirements for the year-to-date periods ended are as follows:
in millions, except average priceMarch 31
2026
December 31
2025
March 31
2025
Number of shares purchased and retired0.5 1.5 0.2 
Total purchase price 1
$149.5 $438.4 $38.1 
Average price per share
$296.47 $283.82 $224.36 
1.The amount paid to purchase shares in excess of the par value and related excise taxes are recorded in retained earnings.
As of March 31, 2026, 4,768,487 shares may be purchased under the current authorization of our Board of Directors.
Changes in total equity are summarized below:
Three Months Ended
March 31
in millions, except per share data20262025
Total Shareholders' Equity  
Balance at beginning of period$8,525.1 $8,118.6 
Net earnings attributable to Vulcan165.5 128.9 
Share-based compensation plans, net of shares withheld for taxes(37.9)(24.6)
Purchase and retirement of common stock(150.4)(38.1)
Share-based compensation expense15.5 13.9 
Cash dividends on common stock
($0.52/$0.49 per share, respectively)
(67.9)(66.0)
Other comprehensive income1.4 1.4 
Balance at end of period$8,451.3 $8,134.1 
Noncontrolling Interest 
Balance at beginning of period$23.8 $23.9 
Earnings attributable to noncontrolling interest
0.5 0.5 
Other noncontrolling interest
0.1 0.0 
Balance at end of period$24.4 $24.4 
Total Equity 
Balance at end of period$8,475.7 $8,158.5 
XML 32 R18.htm IDEA: XBRL DOCUMENT v3.26.1
SEGMENT REPORTING
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
Our operating segments are based on our internal management reporting structure. Our chief operating decision maker, the Chief Executive Officer, evaluates our operating results through reportable segment gross profit. This financial metric is used to review operating trends, perform analytical comparisons between periods and monitor budget-to-actual variances on a monthly basis in order to assess performance and allocate resources.
We have three operating (and reportable) segments organized around our principal product lines: Aggregates, Asphalt and Concrete. The vast majority of our activities are domestic. We sell a relatively small amount of construction aggregates outside the United States. Our Asphalt and Concrete segments are primarily supplied with their aggregates requirements from our Aggregates segment. These intersegment sales are made at local market prices for the particular grade and quality of product used in the production of asphalt mix and ready-mixed concrete and are excluded from total revenues.
Segment Financial Disclosure
Three Months Ended
March 31
in millions20262025
Total Revenues
Aggregates 1
$1,450.5 $1,335.9 
Asphalt 2
215.8 208.7 
Concrete187.5 177.0 
Segment sales$1,853.8 $1,721.6 
Aggregates intersegment sales(97.9)(87.0)
Total$1,755.9 $1,634.6 
Cost of Revenues
Aggregates$(952.3)$(891.6)
Asphalt(203.6)(203.9)
Concrete(177.3)(173.8)
Total$(1,333.2)$(1,269.3)
Gross Profit
Aggregates$400.3 $357.3 
Asphalt12.2 4.8 
Concrete10.2 3.2 
Total $422.7 $365.3 
Reconciliation to Pretax Earnings
Selling, administrative and general expenses$(135.7)$(138.3)
Other operating expense, net
(21.6)(0.6)
Other nonoperating income (expense), net1.4 (2.6)
Interest expense, net(53.9)(59.7)
Earnings from continuing operations before income taxes$212.9 $164.1 
1.Includes product sales (crushed stone, sand and gravel, sand and other aggregates), freight & delivery costs that we pass along to our customers, and service revenues (see Note 4) related to our aggregates business.
2.Includes product sales as well as service revenues (see Note 4) from our asphalt construction paving business.
Three Months Ended
March 31
in millions20262025
Depreciation, Depletion, Accretion and Amortization 1
Aggregates$145.9 $150.4 
Asphalt11.2 12.0 
Concrete4.0 15.4 
Other9.2 8.6 
Total$170.3 $186.4 
Capital Expenditures 2
Aggregates$73.4 $91.2 
Asphalt6.0 5.1 
Concrete1.9 6.8 
Corporate9.1 2.2 
Total$90.4 $105.3 
Identifiable Assets 3
Aggregates$14,415.2 $14,351.9 
Asphalt 733.8 815.0 
Concrete
1,037.3 1,043.3 
Total identifiable assets
$16,186.3 $16,210.2 
General corporate assets342.9 309.0 
Cash and cash equivalents and restricted cash143.7 192.9 
Total$16,672.9 $16,712.1 
1.Depreciation, Depletion, Accretion & Amortization (DDA&A) for each segment is included in cost of revenues.
2.Capital expenditures include changes in accruals for purchases of property, plant & equipment. Capital expenditures exclude property, plant & equipment obtained by business acquisitions.
3.Certain temporarily idled assets are included within a segment's Identifiable Assets, but the associated DDA&A is shown within Other in the DDA&A section above as the related DDA&A is excluded from segment gross profit.
XML 33 R19.htm IDEA: XBRL DOCUMENT v3.26.1
SUPPLEMENTAL CASH FLOW INFORMATION
3 Months Ended
Mar. 31, 2026
Supplemental Cash Flow Elements [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION SUPPLEMENTAL CASH FLOW INFORMATION
Supplemental information referable to our Condensed Consolidated Statements of Cash Flows is summarized below:
Three Months Ended
March 31
in millions20262025
Cash Payments 1
Interest (exclusive of amount capitalized)$13.4 $27.9 
Income taxes2.6 1.7 
Noncash Investing and Financing Activities
Accruals for purchases of property, plant & equipment$37.7 $33.2 
Recognition of new and revised lease obligations:
Operating lease right-of-use assets17.4 54.0 
Finance lease right-of-use assets1.9 2.7 
Consideration payable to seller in business acquisitions0.0 6.7 
1.Excludes changes in accruals.
XML 34 R20.htm IDEA: XBRL DOCUMENT v3.26.1
GOODWILL
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL GOODWILL
Goodwill is recognized when the consideration paid for a business exceeds the fair value of the tangible and identifiable intangible assets acquired. Goodwill is allocated to reporting units for purposes of testing goodwill for impairment. We test goodwill for impairment on an annual basis or more frequently if events or circumstances change in a manner that would more likely than not reduce the fair value of a reporting unit below its carrying value.
There were no charges for goodwill impairment in the three-month periods ended March 31, 2026 or 2025. Accumulated goodwill impairment losses amount to $390.2 million ($252.7 million in our former Cement segment and $137.5 million in our Concrete segment).
Changes in the carrying amount of goodwill by reportable segment from December 31, 2025 to March 31, 2026 are shown below:
in millionsAggregatesAsphaltConcreteTotal
Goodwill at December 31, 2025$3,666.0 $91.6 $23.3 $3,780.9 
Goodwill of acquired businesses
0.0 0.0 0.0 0.0 
Goodwill of divested businesses
0.0 0.0 0.0 0.0 
Goodwill at March 31, 2026 $3,666.0 $91.6 $23.3 $3,780.9 
XML 35 R21.htm IDEA: XBRL DOCUMENT v3.26.1
ACQUISITIONS AND DIVESTITURES
3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
ACQUISITIONS AND DIVESTITURES ACQUISITIONS AND DIVESTITURES
Business Acquisitions
2026 BUSINESS ACQUISITIONS — Through the three months ended March 31, 2026, we completed no business acquisitions.
2025 BUSINESS ACQUISITIONS — During 2025, we completed no business acquisitions.
Divestitures and Pending Divestitures
In the first quarter of 2025, we sold non-strategic aggregates locations in rural West Texas with limited reserves resulting in an immaterial gain.
During the fourth quarter of 2025, we entered into an agreement for the disposition of our ready-mixed concrete businesses in California. Subject to obtaining regulatory approvals and the satisfaction of other customary closing conditions, we expect to close this transaction in the first half of 2026. The probable divestiture of these assets and liabilities was presented as held for sale in the accompanying Condensed Balance Sheet at March 31, 2026 and December 31, 2025. The fair value less cost to sell exceeded the carrying value of the assets and liabilities held for sale. The carrying value of the major classes of assets and liabilities classified as held for sale as of March 31, 2026 and December 31, 2025 are as follows:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Held for Sale
Inventory$5.9 $5.9 $0.0 
Land and land improvements, net129.2 138.1 0.0 
Buildings, machinery and equipment, net150.4 150.2 0.0 
Operating leases, net26.3 27.5 0.0 
Finance leases, net6.0 6.2 0.0 
Amortizable intangible assets, net379.7 379.7 0.0 
Other assets, net
0.7 0.9 0.0 
Total assets held for sale$698.2 $708.5 $0.0 
Current operating lease liabilities$(4.4)$(4.6)$0.0 
Current finance lease liabilities(1.6)(1.8)0.0 
Noncurrent operating lease liabilities(21.2)(22.3)0.0 
Noncurrent finance lease liabilities(0.3)(0.6)0.0 
Total liabilities held for sale$(27.5)$(29.3)$0.0 
XML 36 R22.htm IDEA: XBRL DOCUMENT v3.26.1
NEW ACCOUNTING STANDARDS
3 Months Ended
Mar. 31, 2026
Accounting Changes and Error Corrections [Abstract]  
NEW ACCOUNTING STANDARDS NEW ACCOUNTING STANDARDS
Accounting Standards Recently Adopted
None.
Accounting Standards Pending Adoption
In November 2024, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2024-03, "Disaggregation of Income Statement Expenses," which requires disaggregated disclosure of prescribed expense categories within relevant income statement captions. The new standard is effective for fiscal years beginning after December 15, 2026 and is to be applied prospectively. We are assessing the effect of this ASU on our consolidated financial statements and related disclosures.
In September 2025, the FASB issued ASU 2025-06, "Targeted Improvements to the Accounting for Internal-Use Software," which clarifies and modernizes the accounting for costs related to internal-use software. The standard removes software development project stages and requires companies to capitalize costs when both 1) management authorizes or commits to funding a software project and 2) it is probable that the project will be completed and the software will be used to perform the function intended. The new standard is effective for fiscal years beginning after December 15, 2027 and can be applied using either a prospective, modified or retrospective transition approach. We are assessing the effect of this ASU on our consolidated financial statements and related disclosures.
XML 37 R23.htm IDEA: XBRL DOCUMENT v3.26.1
Insider Trading Arrangements
3 Months Ended
Mar. 31, 2026
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
XML 38 R24.htm IDEA: XBRL DOCUMENT v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
BASIS OF PRESENTATION
Basis of Presentation
Our accompanying unaudited condensed consolidated financial statements were prepared in compliance with the instructions to Form 10-Q and Article 10 of Regulation S-X and thus do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (GAAP) for complete financial statements. We prepared the accompanying condensed consolidated financial statements on the same basis as our annual financial statements, except for the adoption of new accounting standards, if any, as described in Note 17. Our Condensed Consolidated Balance Sheet as of December 31, 2025 was derived from the audited financial statement, but it does not include all disclosures required by GAAP. In the opinion of our management, the statements reflect all adjustments, including those of a normal recurring nature, necessary to present fairly the results of the reported interim periods. For further information, refer to the consolidated financial statements and footnotes included in our most recent Annual Report on Form 10-K.
Operating results for the three month period ended March 31, 2026 are not necessarily indicative of the results that may be expected for the year ending December 31, 2026.
Our condensed consolidated financial statements reflect estimates and assumptions made by management that affect the reported amounts of assets, liabilities, revenues and expenses. The most significant estimates and assumptions included in the preparation of these financial statements are related to goodwill and long-lived asset impairments, business combinations and purchase price allocation, pension and other postretirement benefits, environmental compliance, claims and litigation including self-insurance, and income taxes (refer to the Critical Accounting Policies included in Item 7 of our most recent Annual Report on Form 10-K). Events that relate to conditions arising after March 31, 2026 will be reflected in management’s estimates for future periods.
NONCONTROLLING INTEREST
Noncontrolling Interest
Our condensed consolidated financial statements recognize the full fair value of all of the subsidiary’s assets and liabilities offset by the noncontrolling interest in total equity.
RESTRICTED CASH
Restricted Cash
Restricted cash primarily consists of cash proceeds from the sale of property held in escrow for the acquisition of replacement property under like-kind exchange agreements. The escrow accounts are administered by an intermediary. Cash restricted pursuant to like-kind exchange agreements remains restricted for a maximum of 180 days from the date of the property sale pending the acquisition of replacement property. Restricted cash may also include cash reserved by other contractual agreements (such as asset purchase agreements) for a specified purpose and therefore is not available for use for other purposes. Restricted cash is included with cash and cash equivalents in the accompanying Condensed Consolidated Statements of Cash Flows.
ACCOUNTS AND NOTES RECEIVABLE
Accounts and Notes Receivable
Allowance for credit losses is based on our assessment of the collectability of customer accounts. We regularly review the allowance by considering factors such as historic experience, credit quality, the age of the accounts receivable balances, and current economic conditions that may affect a customer's ability to pay.
INVENTORIES
Inventories
Inventories and supplies are stated at the lower of cost or net realizable value.
DISCONTINUED OPERATIONS
Discontinued Operations
In 2005, we sold substantially all the assets of our Chemicals business to a subsidiary of Occidental Chemical Corporation. The financial results of the Chemicals business are classified as discontinued operations in the accompanying Condensed Consolidated Statements of Comprehensive Income for all periods presented. Results from discontinued operations are as follows:
Three Months Ended
March 31
in millions20262025
Pretax loss$(1.4)$(1.3)
Income tax benefit 0.4 0.4 
Loss on discontinued operations, net of tax$(1.0)$(0.9)
Our discontinued operations include charges related to general and product liability costs, including legal defense costs, and environmental remediation costs associated with our former Chemicals business (including certain matters as discussed in Note 8). There were no revenues from discontinued operations for the periods presented.
EARNINGS PER SHARE (EPS)
Earnings Per Share (EPS)
Earnings per share are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS)
All dilutive common stock equivalents are reflected in our earnings per share calculations. In periods of loss, shares that otherwise would have been included in our diluted weighted-average common shares outstanding computation would be excluded.
Antidilutive common stock equivalents are not included in our earnings per share calculations.
PROPERTY, PLANT AND EQUIPMENT
Property, Plant & Equipment
Property, plant & equipment are carried at cost less accumulated depreciation, depletion and amortization.
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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Inventory, Current
Inventories and supplies are stated at the lower of cost or net realizable value. Inventories are as follows:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Finished products$564.1 $557.7 $570.3 
Raw materials41.0 36.7 65.7 
Products in process6.7 5.4 10.3 
Operating supplies and other84.0 80.7 74.7 
Total inventories$695.8 $680.5 $721.0 
Schedule of Results from Discontinued Operations Results from discontinued operations are as follows:
Three Months Ended
March 31
in millions20262025
Pretax loss$(1.4)$(1.3)
Income tax benefit 0.4 0.4 
Loss on discontinued operations, net of tax$(1.0)$(0.9)
Schedule of Weighted-Average Common Shares Outstanding Assuming Dilution
Earnings per share are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS), as set forth below:
Three Months Ended
March 31
in millions20262025
Weighted-average common shares outstanding130.7132.4
Dilutive effect of
Stock-Only Stock Appreciation Rights0.10.1
Other stock compensation awards0.40.5
Weighted-average common shares outstanding, assuming dilution131.2133.0
Schedule of Antidilutive Common Stock Equivalents The number of antidilutive common stock equivalents for which the exercise price exceeds the weighted-average market price is as follows:
Three Months Ended
March 31
in millions20262025
Antidilutive common stock equivalents0.10.1
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LEASES (Tables)
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Lease Assets and Liabilities, Weighted-Average Lease Term and Discount Rate
Lease right-of-use (ROU) assets and liabilities and the weighted-average lease terms and discount rates are as follows:
dollars in millionsClassification on the Balance SheetMarch 31
2026
December 31
2025
March 31
2025
Assets 1
Operating lease ROU assets$686.0 $674.2 $711.9 
Accumulated amortization(160.1)(152.7)(145.9)
Operating leases, netOperating lease right-of-use assets, net525.9 521.5 566.0 
Finance lease ROU assets23.8 35.3 52.2 
Accumulated depreciation(11.6)(18.6)(23.8)
Finance leases, netProperty, plant & equipment, net12.2 16.7 28.4 
Total lease assets$538.1 $538.2 $594.4 
Liabilities 1
Current
Operating leases
Other current liabilities$45.6 $44.5 $51.2 
Finance leases
Other current liabilities4.3 5.8 10.7 
Noncurrent
Operating leases
Noncurrent operating lease liabilities525.8 522.6 556.1 
Finance leases
Other noncurrent liabilities5.6 5.0 6.9 
Total lease liabilities$581.3 $577.9 $624.9 
Lease Term and Discount Rate
Weighted-average remaining lease term (years)
Operating leases18.818.918.7
Finance leases2.52.42.1
Weighted-average discount rate
Operating leases4.8%4.8%4.7%
Finance leases4.4%4.0%3.4%
1.Balances at March 31, 2026 and December 31, 2025 exclude lease assets and liabilities classified as held for sale as detailed in Note 16.
Schedule of Components of Lease Expense
The components of lease expense are as follows:
Three Months Ended
March 31
in millions20262025
Finance lease cost
Depreciation of right-of-use assets$1.7 $2.1 
Interest on lease liabilities0.1 0.2 
Operating lease cost20.7 20.4 
Short-term lease cost 1
10.4 12.1 
Variable lease cost4.8 4.0 
Sublease income(1.0)(0.9)
Sale and leaseback gain0.0 (4.6)
Total lease expense$36.7 $33.3 
1.Includes the cost of leases with an initial term of one year or less (including those with terms of one month or less).
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REVENUES (Tables)
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues by Geographic Market
Our segment total revenues by geographic market for the three month periods ended March 31, 2026 and 2025 are disaggregated as follows:
Three Months Ended March 31, 2026
in millionsAggregatesAsphaltConcreteTotal
East revenues$378.4 $25.8 $65.6 $469.8 
Gulf Coast revenues834.1 41.7 2.1 877.9 
West revenues238.0 148.3 119.8 506.1 
Segment sales$1,450.5 $215.8 $187.5 $1,853.8 
Intersegment sales(97.9)0.0 0.0 (97.9)
Total revenues 1
$1,352.6 $215.8 $187.5 $1,755.9 
 Three Months Ended March 31, 2025
in millionsAggregatesAsphaltConcreteTotal
East revenues$395.9 $24.3 $70.3 $490.5 
Gulf Coast revenues738.6 52.4 1.6 792.6 
West revenues201.4 132.0 105.1 438.5 
Segment sales$1,335.9 $208.7 $177.0 $1,721.6 
Intersegment sales(87.0)0.0 0.0 (87.0)
Total revenues 1
$1,248.9 $208.7 $177.0 $1,634.6 
The geographic markets are defined by states/countries as follows:
East market — Arkansas, Delaware, Illinois, Kentucky, Maryland, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, Virginia and Washington D.C.
Gulf Coast market — Alabama, Florida, Georgia, Louisiana, Mississippi, Oklahoma, South Carolina, Texas, U.S. Virgin Islands, Freeport (Bahamas), Puerto Cortés (Honduras) and Quintana Roo (Mexico)
West market — Arizona, California, Hawaii, New Mexico and British Columbia (Canada)
Total revenues are primarily derived from our product sales of aggregates (crushed stone, sand and gravel, sand and other aggregates), asphalt mix and ready-mixed concrete, and include freight & delivery costs that we pass along to our customers to deliver these products. We also generate service revenues from our asphalt construction paving business and service revenues related to our aggregates business, such as landfill tipping fees. Our total service revenues were $43.7 million (2.5% of total revenues) and $44.8 million (2.7% of total revenues) for the three months ended March 31, 2026 and 2025, respectively.
Schedule of Freight & Delivery Revenues
Freight & delivery revenues are as follows:
Three Months Ended
March 31
in millions20262025
Total revenues$1,755.9 $1,634.6 
Freight & delivery revenues 1
(238.7)(219.8)
Total revenues excluding freight & delivery$1,517.2 $1,414.8 
1.Includes freight & delivery to remote distribution sites.
Schedule of Reconciliation of Deferred Revenue Balances
Changes in our deferred revenue balances (current and noncurrent) are as follows:
 Three Months Ended
March 31
in millions20262025
Deferred revenue balance at beginning of period$138.1 $145.3 
Revenue recognized from deferred revenue(1.6)(1.6)
Deferred revenue balance at end of period$136.5 $143.7 
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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurement on Recurring Basis
Our assets subject to fair value measurement on a recurring basis are summarized below:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Level 1 Fair Value
Rabbi Trust
Mutual funds$44.9 $42.6 $36.2 
Total$44.9 $42.6 $36.2 
Level 2 Fair Value
Rabbi Trust
Money market mutual fund$1.4 $2.1 $3.6 
Total$1.4 $2.1 $3.6 
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DERIVATIVE INSTRUMENTS (Tables)
3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Effects of Changes in Fair Values of Derivatives Designated as Cash Flow Hedges
This amortization was reflected in the accompanying Condensed Consolidated Statements of Comprehensive Income as follows:
in millionsIncome Statement
Location
Three Months Ended
March 31
20262025
Loss reclassified from AOCIInterest expense$(0.6)$(0.6)
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DEBT (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
Debt is detailed as follows:
in millionsEffective
Interest Rates
March 31
2026
December 31
2025
March 31
2025
Bank line of credit expires 2029
$0.0 $0.0 $0.0 
Commercial paper expires 2029
197.0 0.0 0.0 
Total short-term debt$197.0 $0.0 $0.0 
Commercial paper expires 2029 1
0.0 0.0 550.0 
3.90% notes due 2027
4.00%400.0 400.0 400.0 
4.95% notes due 2029
5.17%500.0 500.0 500.0 
3.50% notes due 2030
3.94%750.0 750.0 750.0 
5.35% notes due 2034
5.48%750.0 750.0 750.0 
7.15% notes due 2037
8.05%129.2 129.2 129.2 
4.50% notes due 2047
4.59%700.0 700.0 700.0 
4.70% notes due 2048
5.42%460.9 460.9 460.9 
5.70% notes due 2054
5.82%750.0 750.0 750.0 
Other notes0.0 0.5 0.6 
Total long-term debt - face value$4,440.1 $4,440.6 $4,990.7 
Unamortized discounts and debt issuance costs(77.1)(78.5)(82.3)
Total long-term debt - book value$4,363.0 $4,362.1 $4,908.4 
Current maturities0.0 (0.4)(0.5)
Total long-term debt - reported value$4,363.0 $4,361.7 $4,907.9 
Estimated fair value of long-term debt$4,243.0 $4,333.3 $4,794.5 
1.Borrowings on the commercial paper program are classified as long-term if we have the intent and ability to extend payment beyond twelve months.
Schedule of Standby Letters of Credit Our standby letters of credit as of March 31, 2026 are summarized by purpose in the table below:
in millions
Risk management insurance$9.8 
Reclamation/restoration requirements14.4 
Total standby letters of credit$24.2 
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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Accrued Environmental Remediation Costs Amounts accrued for environmental matters (measured on an undiscounted basis) are presented below:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Continuing operations$45.6 $45.7 $47.7 
Retained from former Chemicals business8.4 8.4 8.3 
Total accrued environmental remediation costs$54.0 $54.1 $56.0 
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ASSET RETIREMENT OBLIGATIONS (Tables)
3 Months Ended
Mar. 31, 2026
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Asset Retirement Obligations Operating Costs
ARO operating costs related to accretion of the liabilities and depreciation of the assets are as follows:
Three Months Ended
March 31
in millions20262025
ARO Operating Costs
Accretion$5.0 $4.3 
Depreciation3.7 3.9 
Total ARO operating costs$8.7 $8.2 
Schedule of Reconciliations of Asset Retirement Obligations
Reconciliations of the carrying amounts of our ARO liabilities are as follows:
Three Months Ended
March 31
in millions20262025
Asset Retirement Obligations
ARO liability balance at beginning of period
$456.5 $427.4 
Liabilities incurred0.0 0.0 
Liabilities settled
(3.0)(5.9)
Accretion expense5.0 4.3 
Revisions, net
1.5 3.7 
ARO liability balance at end of period
$460.0 $429.5 
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BENEFIT PLANS (Tables)
3 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
Schedule of Components of Net Periodic Benefit Cost
The following table sets forth the components of net periodic pension benefit cost:
Three Months Ended
March 31
in millions20262025
Service cost$0.5 $0.5 
Interest cost7.8 8.3 
Expected return on plan assets(9.0)(7.8)
Amortization of actuarial loss1.2 1.2 
Net periodic pension benefit cost$0.5 $2.2 
Pretax amortization from AOCI$1.2 $1.2 
The following table sets forth the components of net periodic other postretirement benefit cost:
Three Months Ended
March 31
in millions20262025
Service cost$0.5 $0.6 
Interest cost0.4 0.5 
Amortization of prior service cost0.4 0.4 
Amortization of actuarial gain(0.4)(0.3)
Net periodic postretirement benefit cost $0.9 $1.2 
Pretax amortization from AOCI
$0.0 $0.1 
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OTHER COMPREHENSIVE INCOME (Tables)
3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
Schedule of Accumulated Other Comprehensive Income, Net of Tax
Amounts in AOCI, net of tax, are as follows:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Cash flow hedges$(15.5)$(16.0)$(17.3)
Pension and postretirement plans(108.7)(109.6)(108.7)
Total AOCI$(124.2)$(125.6)$(126.0)
Schedule of Changes in Accumulated Other Comprehensive Income, Net of Tax
Changes in AOCI, net of tax, for the three months ended March 31, 2026 are as follows:
in millionsCash Flow
Hedges
Pension and
Postretirement
Benefit Plans
Total
AOCI Balances as of December 31, 2025$(16.0)$(109.6)$(125.6)
Amounts reclassified from AOCI0.5 0.9 1.4 
AOCI Balances as of March 31, 2026$(15.5)$(108.7)$(124.2)
Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income to Earnings
Amounts reclassified from AOCI to earnings are as follows:
Three Months Ended
March 31
in millions20262025
Amortization of Accumulated Cash Flow Hedge Losses
Interest expense$0.6 $0.6 
Benefit from income taxes(0.1)(0.2)
Total$0.5 $0.4 
Amortization of Accumulated Benefit Plan Costs
Other nonoperating expense$1.2 $1.3 
Benefit from income taxes(0.3)(0.3)
Total$0.9 $1.0 
Total reclassifications from AOCI to earnings$1.4 $1.4 
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EQUITY (Tables)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Shares Purchased and Retired
Our common stock purchases (all of which were open market purchases) and subsequent retirements for the year-to-date periods ended are as follows:
in millions, except average priceMarch 31
2026
December 31
2025
March 31
2025
Number of shares purchased and retired0.5 1.5 0.2 
Total purchase price 1
$149.5 $438.4 $38.1 
Average price per share
$296.47 $283.82 $224.36 
1.The amount paid to purchase shares in excess of the par value and related excise taxes are recorded in retained earnings.
Schedule of Changes in Total Equity
Changes in total equity are summarized below:
Three Months Ended
March 31
in millions, except per share data20262025
Total Shareholders' Equity  
Balance at beginning of period$8,525.1 $8,118.6 
Net earnings attributable to Vulcan165.5 128.9 
Share-based compensation plans, net of shares withheld for taxes(37.9)(24.6)
Purchase and retirement of common stock(150.4)(38.1)
Share-based compensation expense15.5 13.9 
Cash dividends on common stock
($0.52/$0.49 per share, respectively)
(67.9)(66.0)
Other comprehensive income1.4 1.4 
Balance at end of period$8,451.3 $8,134.1 
Noncontrolling Interest 
Balance at beginning of period$23.8 $23.9 
Earnings attributable to noncontrolling interest
0.5 0.5 
Other noncontrolling interest
0.1 0.0 
Balance at end of period$24.4 $24.4 
Total Equity 
Balance at end of period$8,475.7 $8,158.5 
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SEGMENT REPORTING (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Financial Disclosure
Segment Financial Disclosure
Three Months Ended
March 31
in millions20262025
Total Revenues
Aggregates 1
$1,450.5 $1,335.9 
Asphalt 2
215.8 208.7 
Concrete187.5 177.0 
Segment sales$1,853.8 $1,721.6 
Aggregates intersegment sales(97.9)(87.0)
Total$1,755.9 $1,634.6 
Cost of Revenues
Aggregates$(952.3)$(891.6)
Asphalt(203.6)(203.9)
Concrete(177.3)(173.8)
Total$(1,333.2)$(1,269.3)
Gross Profit
Aggregates$400.3 $357.3 
Asphalt12.2 4.8 
Concrete10.2 3.2 
Total $422.7 $365.3 
Reconciliation to Pretax Earnings
Selling, administrative and general expenses$(135.7)$(138.3)
Other operating expense, net
(21.6)(0.6)
Other nonoperating income (expense), net1.4 (2.6)
Interest expense, net(53.9)(59.7)
Earnings from continuing operations before income taxes$212.9 $164.1 
1.Includes product sales (crushed stone, sand and gravel, sand and other aggregates), freight & delivery costs that we pass along to our customers, and service revenues (see Note 4) related to our aggregates business.
2.Includes product sales as well as service revenues (see Note 4) from our asphalt construction paving business.
Three Months Ended
March 31
in millions20262025
Depreciation, Depletion, Accretion and Amortization 1
Aggregates$145.9 $150.4 
Asphalt11.2 12.0 
Concrete4.0 15.4 
Other9.2 8.6 
Total$170.3 $186.4 
Capital Expenditures 2
Aggregates$73.4 $91.2 
Asphalt6.0 5.1 
Concrete1.9 6.8 
Corporate9.1 2.2 
Total$90.4 $105.3 
Identifiable Assets 3
Aggregates$14,415.2 $14,351.9 
Asphalt 733.8 815.0 
Concrete
1,037.3 1,043.3 
Total identifiable assets
$16,186.3 $16,210.2 
General corporate assets342.9 309.0 
Cash and cash equivalents and restricted cash143.7 192.9 
Total$16,672.9 $16,712.1 
1.Depreciation, Depletion, Accretion & Amortization (DDA&A) for each segment is included in cost of revenues.
2.Capital expenditures include changes in accruals for purchases of property, plant & equipment. Capital expenditures exclude property, plant & equipment obtained by business acquisitions.
3.Certain temporarily idled assets are included within a segment's Identifiable Assets, but the associated DDA&A is shown within Other in the DDA&A section above as the related DDA&A is excluded from segment gross profit.
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SUPPLEMENTAL CASH FLOW INFORMATION (Tables)
3 Months Ended
Mar. 31, 2026
Supplemental Cash Flow Elements [Abstract]  
Schedule of Supplemental Information Referable to Condensed Consolidated Statements of Cash Flows
Supplemental information referable to our Condensed Consolidated Statements of Cash Flows is summarized below:
Three Months Ended
March 31
in millions20262025
Cash Payments 1
Interest (exclusive of amount capitalized)$13.4 $27.9 
Income taxes2.6 1.7 
Noncash Investing and Financing Activities
Accruals for purchases of property, plant & equipment$37.7 $33.2 
Recognition of new and revised lease obligations:
Operating lease right-of-use assets17.4 54.0 
Finance lease right-of-use assets1.9 2.7 
Consideration payable to seller in business acquisitions0.0 6.7 
1.Excludes changes in accruals.
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GOODWILL (Tables)
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill by Reportable Segment
Changes in the carrying amount of goodwill by reportable segment from December 31, 2025 to March 31, 2026 are shown below:
in millionsAggregatesAsphaltConcreteTotal
Goodwill at December 31, 2025$3,666.0 $91.6 $23.3 $3,780.9 
Goodwill of acquired businesses
0.0 0.0 0.0 0.0 
Goodwill of divested businesses
0.0 0.0 0.0 0.0 
Goodwill at March 31, 2026 $3,666.0 $91.6 $23.3 $3,780.9 
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ACQUISITIONS AND DIVESTITURES (Tables)
3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Classification of Assets and Liabilities Held For Sale The carrying value of the major classes of assets and liabilities classified as held for sale as of March 31, 2026 and December 31, 2025 are as follows:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Held for Sale
Inventory$5.9 $5.9 $0.0 
Land and land improvements, net129.2 138.1 0.0 
Buildings, machinery and equipment, net150.4 150.2 0.0 
Operating leases, net26.3 27.5 0.0 
Finance leases, net6.0 6.2 0.0 
Amortizable intangible assets, net379.7 379.7 0.0 
Other assets, net
0.7 0.9 0.0 
Total assets held for sale$698.2 $708.5 $0.0 
Current operating lease liabilities$(4.4)$(4.6)$0.0 
Current finance lease liabilities(1.6)(1.8)0.0 
Noncurrent operating lease liabilities(21.2)(22.3)0.0 
Noncurrent finance lease liabilities(0.3)(0.6)0.0 
Total liabilities held for sale$(27.5)$(29.3)$0.0 
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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)
3 Months Ended
Mar. 31, 2026
USD ($)
factor
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Number of demographic factors | factor 3    
Customers, allowance for doubtful accounts $ 10,100,000 $ 13,000,000.0 $ 10,500,000
Revenues from discontinued operations 0 0  
Allowances for depreciation, depletion & amortization $ 6,483,400,000 $ 6,152,900,000 $ 6,356,100,000
Orca      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Ownership percentage by parent (as percent) 88.00%    
Orca | Namgis      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]      
Ownership percentage by noncontrolling owners (as percent) 12.00%    
XML 55 R41.htm IDEA: XBRL DOCUMENT v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Inventories (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Accounting Policies [Abstract]      
Finished products $ 564.1 $ 557.7 $ 570.3
Raw materials 41.0 36.7 65.7
Products in process 6.7 5.4 10.3
Operating supplies and other 84.0 80.7 74.7
Total inventories $ 695.8 $ 680.5 $ 721.0
XML 56 R42.htm IDEA: XBRL DOCUMENT v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Results from Discontinued Operations (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Accounting Policies [Abstract]    
Pretax loss $ (1.4) $ (1.3)
Income tax benefit 0.4 0.4
Loss on discontinued operations, net of tax $ (1.0) $ (0.9)
XML 57 R43.htm IDEA: XBRL DOCUMENT v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Weighted-Average Common Shares Outstanding Assuming Dilution (Details) - shares
shares in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Accounting Policies [Abstract]    
Weighted-average common shares outstanding (in shares) 130.7 132.4
Dilutive effect of    
Stock-Only Stock Appreciation Rights (in shares) 0.1 0.1
Other stock compensation awards (in shares) 0.4 0.5
Weighted-average common shares outstanding, assuming dilution (in shares) 131.2 133.0
XML 58 R44.htm IDEA: XBRL DOCUMENT v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Antidilutive Common Stock Equivalents (Details) - shares
shares in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Accounting Policies [Abstract]    
Antidilutive common stock equivalents (in shares) 0.1 0.1
XML 59 R45.htm IDEA: XBRL DOCUMENT v3.26.1
LEASES - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Leases [Abstract]    
Cash paid for operating leases $ 20.6 $ 20.0
Total cash paid for finance leases $ 3.4 $ 3.1
XML 60 R46.htm IDEA: XBRL DOCUMENT v3.26.1
LEASES - Schedule of Lease Assets and Liabilities, Weighted-Average Lease Term and Discount Rate (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Assets      
Operating lease ROU assets $ 686.0 $ 674.2 $ 711.9
Accumulated amortization (160.1) (152.7) (145.9)
Operating leases, net 525.9 521.5 566.0
Finance lease ROU assets 23.8 35.3 52.2
Accumulated depreciation $ (11.6) $ (18.6) $ (23.8)
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Property, plant & equipment, net Property, plant & equipment, net Property, plant & equipment, net
Finance leases, net $ 12.2 $ 16.7 $ 28.4
Total lease assets $ 538.1 $ 538.2 $ 594.4
Current      
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Other current liabilities Other current liabilities Other current liabilities
Operating leases $ 45.6 $ 44.5 $ 51.2
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Other current liabilities Other current liabilities Other current liabilities
Finance leases $ 4.3 $ 5.8 $ 10.7
Noncurrent      
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Noncurrent operating lease liabilities Noncurrent operating lease liabilities Noncurrent operating lease liabilities
Noncurrent operating lease liabilities $ 525.8 $ 522.6 $ 556.1
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Other noncurrent liabilities Other noncurrent liabilities Other noncurrent liabilities
Finance leases $ 5.6 $ 5.0 $ 6.9
Total lease liabilities $ 581.3 $ 577.9 $ 624.9
Weighted-average remaining lease term (years)      
Operating leases 18 years 9 months 18 days 18 years 10 months 24 days 18 years 8 months 12 days
Finance leases 2 years 6 months 2 years 4 months 24 days 2 years 1 month 6 days
Weighted-average discount rate      
Operating leases 4.80% 4.80% 4.70%
Finance leases 4.40% 4.00% 3.40%
XML 61 R47.htm IDEA: XBRL DOCUMENT v3.26.1
LEASES - Schedule of Components of Lease Expense (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Leases [Abstract]    
Depreciation of right-of-use assets $ 1.7 $ 2.1
Interest on lease liabilities 0.1 0.2
Operating lease cost 20.7 20.4
Short-term lease cost 10.4 12.1
Variable lease cost 4.8 4.0
Sublease income (1.0) (0.9)
Sale and leaseback gain (0.0) (4.6)
Total lease expense $ 36.7 $ 33.3
XML 62 R48.htm IDEA: XBRL DOCUMENT v3.26.1
INCOME TAXES (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2026
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2026
Dec. 31, 2025
Operating Loss Carryforwards [Line Items]          
Deferred income taxes, net   $ 45.9 $ 33.8    
Potential tax expense   35.0      
Potential interest and penalties   23.0      
MEXICO          
Operating Loss Carryforwards [Line Items]          
Net operating loss carryforwards, valuation allowance         $ 37.3
MEXICO | Forecast          
Operating Loss Carryforwards [Line Items]          
Increase in deferred tax assets       $ 6.3  
Alabama          
Operating Loss Carryforwards [Line Items]          
Net operating loss carryforwards, valuation allowance   32.4      
Expected additional tax expense   $ 0.8      
Alabama | Forecast          
Operating Loss Carryforwards [Line Items]          
State net operating loss carryforwards $ 44.5     $ 44.5  
Operating loss carryforward, to expire $ 9.5        
XML 63 R49.htm IDEA: XBRL DOCUMENT v3.26.1
REVENUES - Narrative (Details)
$ in Millions
3 Months Ended 24 Months Ended
Mar. 31, 2026
USD ($)
quarry
Mar. 31, 2025
USD ($)
Dec. 31, 2013
USD ($)
Mar. 31, 2027
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Revenue Recognition [Line Items]            
Total revenues $ 1,755.9 $ 1,634.6        
Proceeds from sale of future production     $ 226.9      
Number of quarries | quarry 8          
Estimated deferred revenue to be recognized in the next 12 months $ 136.5 143.7     $ 138.1 $ 145.3
Forecast            
Revenue Recognition [Line Items]            
Estimated deferred revenue to be recognized in the next 12 months       $ 7.5    
Minimum            
Revenue Recognition [Line Items]            
Coverage of warranty provisions 9 months          
Maximum            
Revenue Recognition [Line Items]            
Coverage of warranty provisions 1 year          
Aggregates            
Revenue Recognition [Line Items]            
Total revenues $ 1,352.6 1,248.9        
Aggregates | Minimum            
Revenue Recognition [Line Items]            
Percent of shipments used for publicly funded construction (as percent) 40.00%          
Aggregates | Maximum            
Revenue Recognition [Line Items]            
Percent of shipments used for publicly funded construction (as percent) 55.00%          
Construction Paving            
Revenue Recognition [Line Items]            
Revenue from unsatisfied performance obligations $ 204.2 229.9        
Construction Paving | Minimum            
Revenue Recognition [Line Items]            
Remaining period to completion 1 month          
Construction Paving | Maximum            
Revenue Recognition [Line Items]            
Costs for paving contracts expense, expected amortization period (in years) 1 year          
Remaining period to completion 28 months          
Service            
Revenue Recognition [Line Items]            
Total revenues $ 43.7 $ 44.8        
Percent of total revenues (as percent) 2.50% 2.70%        
XML 64 R50.htm IDEA: XBRL DOCUMENT v3.26.1
REVENUES - Schedule of Revenues by Geographic Market (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues $ 1,755.9 $ 1,634.6
Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 1,853.8 1,721.6
Intersegment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues (97.9) (87.0)
East revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 469.8 490.5
Gulf Coast revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 877.9 792.6
West revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 506.1 438.5
Aggregates    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 1,352.6 1,248.9
Aggregates | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 1,450.5 1,335.9
Aggregates | Intersegment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues (97.9) (87.0)
Aggregates | East revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 378.4 395.9
Aggregates | Gulf Coast revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 834.1 738.6
Aggregates | West revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 238.0 201.4
Asphalt    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 215.8 208.7
Asphalt | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 215.8 208.7
Asphalt | Intersegment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 0.0 0.0
Asphalt | East revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 25.8 24.3
Asphalt | Gulf Coast revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 41.7 52.4
Asphalt | West revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 148.3 132.0
Concrete    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 187.5 177.0
Concrete | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 187.5 177.0
Concrete | Intersegment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 0.0 0.0
Concrete | East revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 65.6 70.3
Concrete | Gulf Coast revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues 2.1 1.6
Concrete | West revenues | Segment sales    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total revenues $ 119.8 $ 105.1
XML 65 R51.htm IDEA: XBRL DOCUMENT v3.26.1
REVENUES - Schedule of Freight & Delivery Revenues (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Disaggregation of Revenue [Line Items]    
Total revenues $ 1,755.9 $ 1,634.6
Freight & Delivery Revenues    
Disaggregation of Revenue [Line Items]    
Total revenues (238.7) (219.8)
Total Revenues Excluding Freight & Delivery    
Disaggregation of Revenue [Line Items]    
Total revenues $ 1,517.2 $ 1,414.8
XML 66 R52.htm IDEA: XBRL DOCUMENT v3.26.1
REVENUES - Schedule of Reconciliation of Deferred Revenue Balances (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Contract With Customer, Liability [Roll Forward]    
Deferred revenue balance at beginning of period $ 138.1 $ 145.3
Revenue recognized from deferred revenue (1.6) (1.6)
Deferred revenue balance at end of period $ 136.5 $ 143.7
XML 67 R53.htm IDEA: XBRL DOCUMENT v3.26.1
FAIR VALUE MEASUREMENTS - Narrative (Details)
$ in Millions
3 Months Ended
Mar. 31, 2026
USD ($)
trust
Mar. 31, 2025
USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Number of Rabbi Trusts established | trust 2  
Net gains (losses) of the Rabbi Trust investments $ 1.4 $ 0.3
Unrealized net gains (losses) of the Rabbi Trusts' investments $ 1.2 $ 3.1
XML 68 R54.htm IDEA: XBRL DOCUMENT v3.26.1
FAIR VALUE MEASUREMENTS - Schedule of Fair Value Measurement on Recurring Basis (Details) - Recurring - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Level 1 Fair Value      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets, fair value disclosure $ 44.9 $ 42.6 $ 36.2
Level 1 Fair Value | Mutual funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets, fair value disclosure 44.9 42.6 36.2
Level 2 Fair Value      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets, fair value disclosure 1.4 2.1 3.6
Level 2 Fair Value | Money market mutual fund      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Assets, fair value disclosure $ 1.4 $ 2.1 $ 3.6
XML 69 R55.htm IDEA: XBRL DOCUMENT v3.26.1
DERIVATIVE INSTRUMENTS - Narrative (Details) - USD ($)
$ in Millions
Mar. 31, 2027
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Derivative [Line Items]        
Cash flow hedges   $ (15.5) $ (16.0) $ (17.3)
Interest Rate Swap | Designated as Hedging Instrument | Cash Flow Hedging | Forecast        
Derivative [Line Items]        
Estimated amount of pretax loss in AOCI reclassified to earnings for the next 12-month period $ 2.5      
XML 70 R56.htm IDEA: XBRL DOCUMENT v3.26.1
DERIVATIVE INSTRUMENTS - Schedule of Effects of Changes in Fair Values of Derivatives Designated as Cash Flow Hedges (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest Rate Swap | Designated as Hedging Instrument | Cash Flow Hedging    
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]    
Loss reclassified from AOCI $ (0.6) $ (0.6)
XML 71 R57.htm IDEA: XBRL DOCUMENT v3.26.1
DEBT - Schedule of Debt (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Nov. 30, 2024
Debt Instrument [Line Items]        
Total short-term debt $ 197.0 $ 0.0 $ 0.0  
Total long-term debt - face value 4,440.1 4,440.6 4,990.7  
Unamortized discounts and debt issuance costs (77.1) (78.5) (82.3)  
Total long-term debt - book value 4,363.0 4,362.1 4,908.4  
Current maturities (0.0) (0.4) (0.5)  
Total long-term debt - reported value 4,363.0 4,361.7 4,907.9  
Estimated fair value of long-term debt 4,243.0 4,333.3 4,794.5  
Bank line of credit expires 2029 | Line of Credit        
Debt Instrument [Line Items]        
Total short-term debt 0.0 0.0 0.0  
Commercial Paper        
Debt Instrument [Line Items]        
Total long-term debt - face value 0.0 0.0 550.0  
Notes | 3.90% notes due 2027        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 400.0 400.0 400.0  
Interest rate (as percent) 3.90%      
Effective Interest Rates 4.00%      
Notes | 4.95% notes due 2029        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 500.0 500.0 500.0 $ 500.0
Interest rate (as percent) 4.95%     4.95%
Effective Interest Rates 5.17%      
Notes | 3.50% notes due 2030        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 750.0 750.0 750.0  
Interest rate (as percent) 3.50%      
Effective Interest Rates 3.94%      
Notes | 5.35% notes due 2034        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 750.0 750.0 750.0 $ 750.0
Interest rate (as percent) 5.35%     5.35%
Effective Interest Rates 5.48%      
Notes | 7.15% notes due 2037        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 129.2 129.2 129.2  
Interest rate (as percent) 7.15%      
Effective Interest Rates 8.05%      
Notes | 4.50% notes due 2047        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 700.0 700.0 700.0  
Interest rate (as percent) 4.50%      
Effective Interest Rates 4.59%      
Notes | 4.70% notes due 2048        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 460.9 460.9 460.9  
Interest rate (as percent) 4.70%      
Effective Interest Rates 5.42%      
Notes | 5.70% notes due 2054        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 750.0 750.0 750.0 $ 750.0
Interest rate (as percent) 5.70%     5.70%
Effective Interest Rates 5.82%      
Other notes        
Debt Instrument [Line Items]        
Total long-term debt - face value $ 0.0 $ 0.5 $ 0.6  
XML 72 R58.htm IDEA: XBRL DOCUMENT v3.26.1
DEBT - Narrative (Details) - USD ($)
1 Months Ended 3 Months Ended
Mar. 31, 2025
Nov. 30, 2024
Mar. 31, 2026
Mar. 31, 2025
Feb. 28, 2026
Dec. 31, 2025
Aug. 31, 2022
Debt Instrument [Line Items]              
Amortization of debt issuance costs and discounts     $ 1,300,000 $ 1,400,000      
Commercial paper             $ 1,600,000,000
Total short-term debt $ 0.0   197,000,000.0 0.0   $ 0.0  
Total long-term debt - face value 4,990,700,000   4,440,100,000 4,990,700,000   4,440,600,000  
Term debt     4,440,100,000        
Repayment of long-term debt     400,000 400,400,000      
Notes payable         $ 50,000,000.0    
Notes              
Debt Instrument [Line Items]              
Net proceeds   $ 1,975,000,000          
Commercial Paper              
Debt Instrument [Line Items]              
Total short-term debt 0.0   $ 197,000,000.0 0.0   0.0  
Effective Interest Rates     3.95%        
4.95% notes due 2029 | Notes              
Debt Instrument [Line Items]              
Effective Interest Rates     5.17%        
Total long-term debt - face value 500,000,000.0 500,000,000.0 $ 500,000,000.0 500,000,000.0   500,000,000.0  
4.50% notes due 2025 | Notes              
Debt Instrument [Line Items]              
Repayment of long-term debt 400,000,000.0            
5.35% notes due 2034 | Notes              
Debt Instrument [Line Items]              
Effective Interest Rates     5.48%        
Total long-term debt - face value 750,000,000.0 750,000,000.0 $ 750,000,000.0 750,000,000.0   750,000,000.0  
5.70% notes due 2054 | Notes              
Debt Instrument [Line Items]              
Effective Interest Rates     5.82%        
Total long-term debt - face value $ 750,000,000.0 $ 750,000,000.0 $ 750,000,000.0 $ 750,000,000.0   $ 750,000,000.0  
Line of Credit              
Debt Instrument [Line Items]              
Commitment fee (as percent)     0.10%        
Available borrowing capacity     $ 1,600,000,000        
Borrowings     $ 0        
Line of Credit | Minimum              
Debt Instrument [Line Items]              
Commitment fee (as percent)     0.09%        
Line of Credit | Maximum              
Debt Instrument [Line Items]              
Commitment fee (as percent)     0.225%        
Line of Credit | Secured Overnight Financing Rate (SOFR)              
Debt Instrument [Line Items]              
Applicable margin on borrowing rate (as percent)     1.125%        
Line of Credit | Base Rate              
Debt Instrument [Line Items]              
Applicable margin on borrowing rate (as percent)     0.125%        
Line of Credit | Unsecured Line of Credit Maturity of November 2029              
Debt Instrument [Line Items]              
Maximum borrowing capacity     $ 1,576,900,000        
Standby Letters of Credit              
Debt Instrument [Line Items]              
Letters of credit outstanding, amount     $ 24,200,000        
Period of standby letters of credit (in years)     1 year        
Standby Letters of Credit | Secured Overnight Financing Rate (SOFR)              
Debt Instrument [Line Items]              
Applicable margin on borrowing rate (as percent)     0.175%        
Standby Letters of Credit | Unsecured Line of Credit Maturity of November 2029              
Debt Instrument [Line Items]              
Letters of credit outstanding, amount     $ 23,100,000        
Letter of Credit | Acquisitions 2024              
Debt Instrument [Line Items]              
Maximum borrowing capacity     $ 1,100,000        
XML 73 R59.htm IDEA: XBRL DOCUMENT v3.26.1
DEBT - Schedule of Standby Letters of Credit (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Line of Credit Facility [Line Items]        
Reclamation/restoration requirements $ 460.0 $ 456.5 $ 429.5 $ 427.4
Standby Letters of Credit        
Line of Credit Facility [Line Items]        
Risk management insurance 9.8      
Reclamation/restoration requirements 14.4      
Total standby letters of credit $ 24.2      
XML 74 R60.htm IDEA: XBRL DOCUMENT v3.26.1
COMMITMENTS AND CONTINGENCIES - Narrative (Details)
1 Months Ended 3 Months Ended
Mar. 31, 2023
defendant
Jul. 31, 2018
defendant
Mar. 31, 2016
mi
May 31, 2007
entity
mi
Mar. 31, 2026
USD ($)
case
facility
Dec. 31, 2025
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Loss Contingencies [Line Items]                
Lease liabilities         $ 581,300,000 $ 577,900,000 $ 624,900,000  
Reclamation/restoration requirements         460,000,000.0 $ 456,500,000 $ 429,500,000 $ 427,400,000
Contingency loss         0      
Hewitt Landfill Matter | NHW Treatment System                
Loss Contingencies [Line Items]                
Estimated capital cost of treatment system         92,000,000      
Hewitt Landfill Matter | NHC Treatment System                
Loss Contingencies [Line Items]                
Estimated capital cost of treatment system         245,000,000      
Hewitt Landfill Matter | LADWP                
Loss Contingencies [Line Items]                
LADWP Groundwater System Improvement Study, cost         11,500,000      
LADWP Groundwater system additional costs         $ 22,000,000      
Cases Allegedly Involving 1,1,1-Trichloroethane                
Loss Contingencies [Line Items]                
Number of cases | case         1      
Cooperating Parties Group                
Loss Contingencies [Line Items]                
Number of other companies to perform Remedial Investigation/Feasibility Study | entity       70        
Number of miles of the River used in the Remedial Investigation/Feasibility Study | mi       17        
Number of miles for bank-to-bank dredging remedy | mi     8          
EPA | Maximum                
Loss Contingencies [Line Items]                
Estimated implementation costs         $ 1,380,000,000      
Occidental Chemical Co | Lawsuit Filed by Occidental                
Loss Contingencies [Line Items]                
Number of defendants | defendant 39 100            
LADWP                
Loss Contingencies [Line Items]                
Number of planned new treatment capabilities | facility         2      
Standby Letters of Credit                
Loss Contingencies [Line Items]                
Letters of credit outstanding, amount         $ 24,200,000      
Reclamation/restoration requirements         $ 14,400,000      
XML 75 R61.htm IDEA: XBRL DOCUMENT v3.26.1
COMMITMENTS AND CONTINGENCIES - Schedule of Accrued Environmental Remediation Costs (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Loss Contingencies [Line Items]      
Accrued environmental remediation costs $ 54.0 $ 54.1 $ 56.0
Continuing operations      
Loss Contingencies [Line Items]      
Accrued environmental remediation costs 45.6 45.7 47.7
Retained from former Chemicals business      
Loss Contingencies [Line Items]      
Accrued environmental remediation costs $ 8.4 $ 8.4 $ 8.3
XML 76 R62.htm IDEA: XBRL DOCUMENT v3.26.1
ASSET RETIREMENT OBLIGATIONS - Schedule of Asset Retirement Obligations Operating Costs (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Asset Retirement Obligation Disclosure [Abstract]    
Accretion $ 5.0 $ 4.3
Depreciation 3.7 3.9
Total ARO operating costs $ 8.7 $ 8.2
XML 77 R63.htm IDEA: XBRL DOCUMENT v3.26.1
ASSET RETIREMENT OBLIGATIONS - Schedule of Reconciliations of Asset Retirement Obligations (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
ARO liability balance at beginning of period $ 456.5 $ 427.4
Liabilities incurred 0.0 0.0
Liabilities settled (3.0) (5.9)
Accretion expense 5.0 4.3
Revisions, net 1.5 3.7
ARO liability balance at end of period $ 460.0 $ 429.5
XML 78 R64.htm IDEA: XBRL DOCUMENT v3.26.1
BENEFIT PLANS - Narrative (Details)
$ in Millions
3 Months Ended
Mar. 31, 2026
USD ($)
plan
Mar. 31, 2025
USD ($)
Defined Benefit Plan Disclosure [Line Items]    
Number of funded, noncontributory defined benefit pension plans 2  
Number of unfunded, nonqualified pension plans 3  
Contributions to pension plans | $ $ (0.8) $ (1.2)
Number of defined contribution plans 6  
Expense recognized related to defined contribution plans | $ $ 21.0 $ 17.0
XML 79 R65.htm IDEA: XBRL DOCUMENT v3.26.1
BENEFIT PLANS - Schedule of Components of Net Periodic Benefit Cost - Pension Benefits) (Details) - Pension Plans, Defined Benefit - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]    
Service cost $ 0.5 $ 0.5
Interest cost 7.8 8.3
Expected return on plan assets (9.0) (7.8)
Amortization of actuarial loss 1.2 1.2
Net periodic pension benefit cost 0.5 2.2
Pretax amortization from AOCI $ 1.2 $ 1.2
XML 80 R66.htm IDEA: XBRL DOCUMENT v3.26.1
BENEFIT PLANS - Schedule of Components of Net Periodic Benefit Cost- Other Postretirement Benefits (Details) - Other Postretirement Benefit Plans, Defined Benefit - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]    
Service cost $ 0.5 $ 0.6
Interest cost 0.4 0.5
Amortization of prior service cost 0.4 0.4
Amortization of actuarial gain (0.4) (0.3)
Net periodic pension benefit cost 0.9 1.2
Pretax amortization from AOCI $ 0.0 $ 0.1
XML 81 R67.htm IDEA: XBRL DOCUMENT v3.26.1
OTHER COMPREHENSIVE INCOME - Schedule of Accumulated Other Comprehensive Income, Net of Tax (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Stockholders' Equity Note [Abstract]      
Cash flow hedges $ (15.5) $ (16.0) $ (17.3)
Pension and postretirement plans (108.7) (109.6) (108.7)
Total AOCI $ (124.2) $ (125.6) $ (126.0)
XML 82 R68.htm IDEA: XBRL DOCUMENT v3.26.1
OTHER COMPREHENSIVE INCOME - Schedule of Changes in Accumulated Other Comprehensive Income, Net of Tax (Details)
$ in Millions
3 Months Ended
Mar. 31, 2026
USD ($)
AOCI Attributable to Parent, Net of Tax [Roll Forward]  
Balance at beginning of period $ 8,548.9
Balance at end of period 8,475.7
Total  
AOCI Attributable to Parent, Net of Tax [Roll Forward]  
Balance at beginning of period (125.6)
Amounts reclassified from AOCI 1.4
Balance at end of period (124.2)
Cash Flow Hedges  
AOCI Attributable to Parent, Net of Tax [Roll Forward]  
Balance at beginning of period (16.0)
Amounts reclassified from AOCI 0.5
Balance at end of period (15.5)
Pension and Postretirement Benefit Plans  
AOCI Attributable to Parent, Net of Tax [Roll Forward]  
Balance at beginning of period (109.6)
Amounts reclassified from AOCI 0.9
Balance at end of period $ (108.7)
XML 83 R69.htm IDEA: XBRL DOCUMENT v3.26.1
OTHER COMPREHENSIVE INCOME - Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income to Earnings (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Interest expense $ 53.9 $ 59.7
Benefit from income taxes 45.9 33.8
Other nonoperating expense 1.4 (2.6)
Net earnings attributable to Vulcan 165.5 128.9
Reclassification from AOCI    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Net earnings attributable to Vulcan 1.4 1.4
Cash Flow Hedges | Reclassification from AOCI    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Interest expense 0.6 0.6
Benefit from income taxes (0.1) (0.2)
Net earnings attributable to Vulcan 0.5 0.4
Pension and Postretirement Benefit Plans | Reclassification from AOCI    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Benefit from income taxes (0.3) (0.3)
Other nonoperating expense 1.2 1.3
Net earnings attributable to Vulcan $ 0.9 $ 1.0
XML 84 R70.htm IDEA: XBRL DOCUMENT v3.26.1
EQUITY - Narrative (Details)
3 Months Ended
Mar. 31, 2026
vote
$ / shares
shares
Dec. 31, 2025
$ / shares
shares
Mar. 31, 2025
$ / shares
shares
Equity [Abstract]      
Common stock, par value (in usd per share) | $ / shares $ 1 $ 1 $ 1
Common stock, authorized (in shares) 480,000,000 480,000,000.0 480,000,000.0
Number of votes per common stock | vote 1    
Preferred stock, authorized (in shares) 5,000,000    
Preferred stock, issued (in shares) 0    
Treasury stock, common (in shares) 0 0 0
Shares remaining under the current authorization repurchase program (in shares) 4,768,487    
XML 85 R71.htm IDEA: XBRL DOCUMENT v3.26.1
EQUITY - Schedule of Shares Purchased and Retired (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Equity [Abstract]      
Number of shares purchased and retired (in shares) 0.5 0.2 1.5
Total purchase price $ 149.5 $ 38.1 $ 438.4
Average price per share $ 296.47 $ 224.36 $ 283.82
XML 86 R72.htm IDEA: XBRL DOCUMENT v3.26.1
EQUITY - Schedule of Changes in Total Equity (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Accumulated Other Comprehensive Income (Loss) [Line Items]    
Cash dividend on common stock (in usd per share) $ 0.52 $ 0.49
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Balance at beginning of period $ 8,548.9  
Net earnings attributable to Vulcan 166.0 $ 129.4
Other comprehensive income 1.4 1.4
Balance at end of period 8,475.7 8,158.5
Parent    
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Balance at beginning of period 8,525.1 8,118.6
Net earnings attributable to Vulcan 165.5 128.9
Share-based compensation plans, net of shares withheld for taxes (37.9) (24.6)
Purchase and retirement of common stock (150.4) (38.1)
Share-based compensation expense 15.5 13.9
Cash dividends on common stock ($0.52/$0.49 per share, respectively) (67.9) (66.0)
Other comprehensive income 1.4 1.4
Balance at end of period 8,451.3 8,134.1
Noncontrolling Interest    
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Balance at beginning of period 23.8 23.9
Net earnings attributable to Vulcan 0.5 0.5
Other noncontrolling interest 0.1 0.0
Balance at end of period $ 24.4 $ 24.4
XML 87 R73.htm IDEA: XBRL DOCUMENT v3.26.1
SEGMENT REPORTING - Narrative (Details)
3 Months Ended
Mar. 31, 2026
segment
Segment Reporting [Abstract]  
Number of operating segments 3
Number of reportable segments 3
XML 88 R74.htm IDEA: XBRL DOCUMENT v3.26.1
SEGMENT REPORTING - Schedule of Segment Financial Disclosure (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Segment Reporting Information [Line Items]        
Total revenues $ 1,755.9 $ 1,634.6    
Cost of Revenues (1,333.2) (1,269.3)    
Gross Profit 422.7 365.3    
Selling, administrative and general expenses (135.7) (138.3)    
Other operating expense, net (21.6) (0.6)    
Other nonoperating income (expense), net 1.4 (2.6)    
Interest expense, net (53.9) (59.7)    
Earnings from continuing operations before income taxes 212.9 164.1    
Depreciation, depletion, accretion and amortization 170.3 186.4    
Capital Expenditures 90.4 105.3    
Cash and cash equivalents and restricted cash 143.7 192.9 $ 189.4 $ 600.8
Total 16,672.9 16,712.1 $ 16,700.4  
Segment sales        
Segment Reporting Information [Line Items]        
Total revenues 1,853.8 1,721.6    
Total 16,186.3 16,210.2    
Aggregates intersegment sales        
Segment Reporting Information [Line Items]        
Total revenues (97.9) (87.0)    
Other        
Segment Reporting Information [Line Items]        
Depreciation, depletion, accretion and amortization 9.2 8.6    
General corporate assets        
Segment Reporting Information [Line Items]        
Capital Expenditures 9.1 2.2    
Total 342.9 309.0    
Aggregates        
Segment Reporting Information [Line Items]        
Total revenues 1,352.6 1,248.9    
Aggregates | Segment sales        
Segment Reporting Information [Line Items]        
Total revenues 1,450.5 1,335.9    
Cost of Revenues (952.3) (891.6)    
Gross Profit 400.3 357.3    
Depreciation, depletion, accretion and amortization 145.9 150.4    
Capital Expenditures 73.4 91.2    
Total 14,415.2 14,351.9    
Aggregates | Aggregates intersegment sales        
Segment Reporting Information [Line Items]        
Total revenues (97.9) (87.0)    
Asphalt        
Segment Reporting Information [Line Items]        
Total revenues 215.8 208.7    
Asphalt | Segment sales        
Segment Reporting Information [Line Items]        
Total revenues 215.8 208.7    
Cost of Revenues (203.6) (203.9)    
Gross Profit 12.2 4.8    
Depreciation, depletion, accretion and amortization 11.2 12.0    
Capital Expenditures 6.0 5.1    
Total 733.8 815.0    
Asphalt | Aggregates intersegment sales        
Segment Reporting Information [Line Items]        
Total revenues 0.0 0.0    
Concrete        
Segment Reporting Information [Line Items]        
Total revenues 187.5 177.0    
Concrete | Segment sales        
Segment Reporting Information [Line Items]        
Total revenues 187.5 177.0    
Cost of Revenues (177.3) (173.8)    
Gross Profit 10.2 3.2    
Depreciation, depletion, accretion and amortization 4.0 15.4    
Capital Expenditures 1.9 6.8    
Total 1,037.3 1,043.3    
Concrete | Aggregates intersegment sales        
Segment Reporting Information [Line Items]        
Total revenues $ 0.0 $ 0.0    
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SUPPLEMENTAL CASH FLOW INFORMATION - Schedule of Supplemental Information Referable to Condensed Consolidated Statements of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Payments 1    
Interest (exclusive of amount capitalized) $ 13.4 $ 27.9
Income taxes 2.6 1.7
Noncash Investing and Financing Activities    
Accruals for purchases of property, plant & equipment 37.7 33.2
Operating lease right-of-use assets 17.4 54.0
Finance lease right-of-use assets 1.9 2.7
Consideration payable to seller in business acquisitions $ 0.0 $ 6.7
XML 90 R76.htm IDEA: XBRL DOCUMENT v3.26.1
GOODWILL - Narrative (Details)
3 Months Ended
Mar. 31, 2026
USD ($)
Goodwill [Line Items]  
Goodwill impairment charges $ 0
Goodwill, accumulated impairment losses 390,200,000
Former Cement  
Goodwill [Line Items]  
Goodwill, accumulated impairment losses 252,700,000
Concrete  
Goodwill [Line Items]  
Goodwill, accumulated impairment losses $ 137,500,000
XML 91 R77.htm IDEA: XBRL DOCUMENT v3.26.1
GOODWILL - Schedule of Changes in Carrying Amount of Goodwill by Reportable Segment (Details)
$ in Millions
3 Months Ended
Mar. 31, 2026
USD ($)
Goodwill [Roll Forward]  
Goodwill, beginning balance $ 3,780.9
Goodwill of acquired businesses 0.0
Goodwill of divested businesses (0.0)
Goodwill, ending balance 3,780.9
Aggregates  
Goodwill [Roll Forward]  
Goodwill, beginning balance 3,666.0
Goodwill of acquired businesses 0.0
Goodwill of divested businesses (0.0)
Goodwill, ending balance 3,666.0
Asphalt  
Goodwill [Roll Forward]  
Goodwill, beginning balance 91.6
Goodwill of acquired businesses 0.0
Goodwill of divested businesses (0.0)
Goodwill, ending balance 91.6
Concrete  
Goodwill [Roll Forward]  
Goodwill, beginning balance 23.3
Goodwill of acquired businesses 0.0
Goodwill of divested businesses (0.0)
Goodwill, ending balance $ 23.3
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ACQUISITIONS AND DIVESTITURES - Narrative (Details) - business
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]    
Number of businesses acquired 0 0
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ACQUISITIONS AND DIVESTURES - Schedule of Classification of Assets and Liabilities Held For Sale (Details) - Disposal Group, Held-for-Sale, Not Discontinued Operations - California concrete operations - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Significant Acquisitions and Disposals [Line Items]      
Inventory $ 5.9 $ 5.9 $ 0.0
Land and land improvements, net 129.2 138.1 0.0
Buildings, machinery and equipment, net 150.4 150.2 0.0
Operating leases, net 26.3 27.5 0.0
Finance leases, net 6.0 6.2 0.0
Amortizable intangible assets, net 379.7 379.7 0.0
Other assets, net 0.7 0.9 0.0
Total assets held for sale 698.2 708.5 0.0
Current operating lease liabilities (4.4) (4.6) (0.0)
Current finance lease liabilities (1.6) (1.8) (0.0)
Noncurrent operating lease liabilities (21.2) (22.3) (0.0)
Noncurrent finance lease liabilities (0.3) (0.6) (0.0)
Total liabilities held for sale $ (27.5) $ (29.3) $ (0.0)
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130300000 130600000 132100000 130300000 130600000 132100000 2907500000 2930000000 2889200000 5537700000 5590100000 5238800000 -124200000 -125600000 -126000000.0 8451300000 8525100000 8134100000 24400000 23800000 24400000 8475700000 8548900000 8158500000 16672900000 16700400000 16712100000 1755900000 1634600000 1333200000 1269300000 422700000 365300000 135700000 138300000 -300000 7400000 -21300000 -8000000.0 265400000 226400000 1400000 -2600000 53900000 59700000 212900000 164100000 45900000 33800000 167000000.0 130300000 -1000000.0 -900000 166000000.0 129400000 500000 500000 165500000 128900000 500000 400000 900000 1000000.0 1400000 1400000 167400000 130800000 500000 500000 166900000 130300000 1.27 0.98 0.00 -0.01 1.27 0.97 1.27 0.98 -0.01 -0.01 1.26 0.97 130700000 132400000 131200000 133000000.0 0.216 0.206 166000000.0 129400000 170300000 186400000 13500000 13500000 -300000 7400000 800000 1200000 15500000 13900000 3300000 -1800000 130500000 85200000 -3500000 -3900000 241100000 251500000 176500000 168000000.0 1600000 17700000 0.0 19000000.0 0.0 -4700000 0.0 -100000 -174900000 -126500000 197000000.0 0.0 50000000.0 0.0 400000 400400000 3300000 2900000 149500000 38100000 67900000 66000000.0 37800000 25400000 0.0 -100000 -111900000 -532900000 -45700000 -407900000 189400000 600800000 143700000 192900000 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES<div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Nature of Operations </span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Vulcan Materials Company (the “Company,” “Vulcan,” “we,” “our”), a New Jersey corporation, is the nation’s largest supplier of construction aggregates (primarily crushed stone, sand and gravel) and a major producer of aggregates-intensive downstream products such as asphalt mix and ready-mixed concrete.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We operate primarily in the United States, and our principal product—aggregates—is used in most types of public and private construction projects and in the production of asphalt mix and ready-mixed concrete. Our primary focus is serving metropolitan markets in the United States that are expected to experience the most significant growth in population, households and employment. These three demographic factors are significant drivers of demand for aggregates. While aggregates is our focus and primary business, we produce and sell aggregates-intensive asphalt mix and/or ready-mixed concrete products in certain markets.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Basis of Presentation</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our accompanying unaudited condensed consolidated financial statements were prepared in compliance with the instructions to Form 10-Q and Article 10 of Regulation S-X and thus do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (GAAP) for complete financial statements. We prepared the accompanying condensed consolidated financial statements on the same basis as our annual financial statements, except for the adoption of new accounting standards, if any, as described in</span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_112" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline">Note 17</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">. Our Condensed Consolidated Balance Sheet as of December 31, 2025 was derived from the audited financial statement, but it does not include all disclosures required by GAAP. In the opinion of our management, the statements reflect all adjustments, including those of a normal recurring nature, necessary to present fairly the results of the reported interim periods. For further information, refer to the consolidated financial statements and footnotes included in our most recent Annual Report on Form 10-K.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Operating results for the three month period ended March 31, 2026 are not necessarily indicative of the results that may be expected for the year ending December 31, 2026.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our condensed consolidated financial statements reflect estimates and assumptions made by management that affect the reported amounts of assets, liabilities, revenues and expenses. The most significant estimates and assumptions included in the preparation of these financial statements are related to goodwill and long-lived asset impairments, business combinations and purchase price allocation, pension and other postretirement benefits, environmental compliance, claims and litigation including self-insurance, and income taxes (refer to the Critical Accounting Policies included in Item 7 of our most recent Annual Report on Form 10-K). Events that relate to conditions arising after March 31, 2026 will be reflected in management’s estimates for future periods.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Noncontrolling Interest</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We own an 88% controlling interest in the Orca Sand and Gravel Limited Partnership (Orca) which was formed to develop the Orca quarry in British Columbia, Canada. The remaining 12% noncontrolling interest is held by the Namgis First Nation (Namgis). This noncontrolling interest consists of the Namgis’ share of the fair value equity in the partnership. Our condensed consolidated financial statements recognize the full fair value of all of the subsidiary’s assets and liabilities offset by the noncontrolling interest in total equity.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Restricted Cash</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Restricted cash primarily consists of cash proceeds from the sale of property held in escrow for the acquisition of replacement property under like-kind exchange agreements. The escrow accounts are administered by an intermediary. Cash restricted pursuant to like-kind exchange agreements remains restricted for a maximum of 180 days from the date of the property sale pending the acquisition of replacement property. Restricted cash may also include cash reserved by other contractual agreements (such as asset purchase agreements) for a specified purpose and therefore is not available for use for other purposes. Restricted cash is included with cash and cash equivalents in the accompanying Condensed Consolidated Statements of Cash Flows.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Accounts and Notes Receivable</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Allowance for credit losses is based on our assessment of the collectability of customer accounts. We regularly review the allowance by considering factors such as historic experience, credit quality, the age of the accounts receivable balances, and current economic conditions that may affect a customer's ability to pay. Allowances for credit losses were $10.1 million, $10.5 million and $13.0 million at March 31, 2026, December 31, 2025 and March 31, 2025, respectively.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Inventories</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Inventories and supplies are stated at the lower of cost or net realizable value. Inventories are as follows:</span></div><div style="margin-bottom:6pt;margin-top:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finished products</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">564.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">557.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">570.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Raw materials</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Products in process</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating supplies and other</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">84.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total inventories</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">695.8 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">680.5 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">721.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Discontinued Operations</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In 2005, we sold substantially all the assets of our Chemicals business to a subsidiary of Occidental Chemical Corporation. The financial results of the Chemicals business are classified as discontinued operations in the accompanying Condensed Consolidated Statements of Comprehensive Income for all periods presented. Results from discontinued operations are as follows:</span></div><div style="margin-bottom:6pt;margin-top:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:74.048%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pretax loss</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.4)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income tax benefit </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loss on discontinued operations, net of tax</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.0)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.9)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our discontinued operations include charges related to general and product liability costs, including legal defense costs, and environmental remediation costs associated with our former Chemicals business (including certain matters as discussed in </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_76" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline">Note 8</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">). There were no revenues from discontinued operations for the periods presented.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Earnings Per Share (EPS)</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Earnings per share are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS), as set forth below:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.692%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:74.197%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted-average common shares outstanding</span></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">130.7</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132.4</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Dilutive effect of </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Stock-Only Stock Appreciation Rights</span></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other stock compensation awards</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted-average common shares outstanding, assuming dilution</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">131.2</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133.0</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">All dilutive common stock equivalents are reflected in our earnings per share calculations. In periods of loss, shares that otherwise would have been included in our diluted weighted-average common shares outstanding computation would be excluded.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Antidilutive common stock equivalents are not included in our earnings per share calculations. The number of antidilutive common stock equivalents for which the exercise price exceeds the weighted-average market price is as follows:</span></div><div style="margin-bottom:6pt;margin-top:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.958%"><tr><td style="width:0.1%"></td><td style="width:0.852%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:73.787%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.877%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.852%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.877%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.855%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Antidilutive common stock equivalents</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Property, Plant &amp; Equipment</span></div><div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Property, plant &amp; equipment are carried at cost less accumulated depreciation, depletion and amortization. Allowances for depreciation, depletion and amortization were $6,483.4 million, $6,356.1 million and $6,152.9 million at March 31, 2026, December 31, 2025 and March 31, 2025, respectively.</span></div> 3 <div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Basis of Presentation</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our accompanying unaudited condensed consolidated financial statements were prepared in compliance with the instructions to Form 10-Q and Article 10 of Regulation S-X and thus do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (GAAP) for complete financial statements. We prepared the accompanying condensed consolidated financial statements on the same basis as our annual financial statements, except for the adoption of new accounting standards, if any, as described in</span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_112" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline">Note 17</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">. Our Condensed Consolidated Balance Sheet as of December 31, 2025 was derived from the audited financial statement, but it does not include all disclosures required by GAAP. In the opinion of our management, the statements reflect all adjustments, including those of a normal recurring nature, necessary to present fairly the results of the reported interim periods. For further information, refer to the consolidated financial statements and footnotes included in our most recent Annual Report on Form 10-K.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Operating results for the three month period ended March 31, 2026 are not necessarily indicative of the results that may be expected for the year ending December 31, 2026.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our condensed consolidated financial statements reflect estimates and assumptions made by management that affect the reported amounts of assets, liabilities, revenues and expenses. The most significant estimates and assumptions included in the preparation of these financial statements are related to goodwill and long-lived asset impairments, business combinations and purchase price allocation, pension and other postretirement benefits, environmental compliance, claims and litigation including self-insurance, and income taxes (refer to the Critical Accounting Policies included in Item 7 of our most recent Annual Report on Form 10-K). Events that relate to conditions arising after March 31, 2026 will be reflected in management’s estimates for future periods.</span></div> <div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Noncontrolling Interest</span></div>Our condensed consolidated financial statements recognize the full fair value of all of the subsidiary’s assets and liabilities offset by the noncontrolling interest in total equity. 0.88 0.12 <div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Restricted Cash</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Restricted cash primarily consists of cash proceeds from the sale of property held in escrow for the acquisition of replacement property under like-kind exchange agreements. The escrow accounts are administered by an intermediary. Cash restricted pursuant to like-kind exchange agreements remains restricted for a maximum of 180 days from the date of the property sale pending the acquisition of replacement property. Restricted cash may also include cash reserved by other contractual agreements (such as asset purchase agreements) for a specified purpose and therefore is not available for use for other purposes. Restricted cash is included with cash and cash equivalents in the accompanying Condensed Consolidated Statements of Cash Flows.</span></div> <div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Accounts and Notes Receivable</span></div>Allowance for credit losses is based on our assessment of the collectability of customer accounts. We regularly review the allowance by considering factors such as historic experience, credit quality, the age of the accounts receivable balances, and current economic conditions that may affect a customer's ability to pay. 10100000 10500000 13000000.0 <div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Inventories</span></div>Inventories and supplies are stated at the lower of cost or net realizable value. <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Inventories and supplies are stated at the lower of cost or net realizable value. Inventories are as follows:</span></div><div style="margin-bottom:6pt;margin-top:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finished products</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">564.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">557.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">570.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Raw materials</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Products in process</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating supplies and other</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">84.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total inventories</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">695.8 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">680.5 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">721.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div> 564100000 557700000 570300000 41000000.0 36700000 65700000 6700000 5400000 10300000 84000000.0 80700000 74700000 695800000 680500000 721000000.0 <div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Discontinued Operations</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In 2005, we sold substantially all the assets of our Chemicals business to a subsidiary of Occidental Chemical Corporation. The financial results of the Chemicals business are classified as discontinued operations in the accompanying Condensed Consolidated Statements of Comprehensive Income for all periods presented. Results from discontinued operations are as follows:</span></div><div style="margin-bottom:6pt;margin-top:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:74.048%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pretax loss</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.4)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income tax benefit </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loss on discontinued operations, net of tax</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.0)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.9)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our discontinued operations include charges related to general and product liability costs, including legal defense costs, and environmental remediation costs associated with our former Chemicals business (including certain matters as discussed in </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_76" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline">Note 8</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">). There were no revenues from discontinued operations for the periods presented.</span></div> Results from discontinued operations are as follows:<div style="margin-bottom:6pt;margin-top:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:74.048%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pretax loss</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.4)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income tax benefit </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loss on discontinued operations, net of tax</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.0)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.9)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> -1400000 -1300000 -400000 -400000 -1000000.0 -900000 0 0 <div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Earnings Per Share (EPS)</span></div>Earnings per share are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS)<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">All dilutive common stock equivalents are reflected in our earnings per share calculations. In periods of loss, shares that otherwise would have been included in our diluted weighted-average common shares outstanding computation would be excluded.</span></div>Antidilutive common stock equivalents are not included in our earnings per share calculations. <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Earnings per share are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS), as set forth below:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.692%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:74.197%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted-average common shares outstanding</span></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">130.7</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132.4</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Dilutive effect of </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Stock-Only Stock Appreciation Rights</span></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other stock compensation awards</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted-average common shares outstanding, assuming dilution</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">131.2</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">133.0</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 130700000 132400000 100000 100000 400000 500000 131200000 133000000.0 The number of antidilutive common stock equivalents for which the exercise price exceeds the weighted-average market price is as follows:<div style="margin-bottom:6pt;margin-top:2pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.958%"><tr><td style="width:0.1%"></td><td style="width:0.852%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:73.787%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.877%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.852%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.877%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.855%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Antidilutive common stock equivalents</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 100000 100000 <div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Property, Plant &amp; Equipment</span></div>Property, plant &amp; equipment are carried at cost less accumulated depreciation, depletion and amortization. 6483400000 6356100000 6152900000 LEASES<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our portfolio of nonmineral leases is composed of leases for real estate (including office buildings, aggregates sales yards and terminals, and concrete and asphalt sites) and equipment (including railcars and rail track, barges, and office, plant and mobile equipment).</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Lease right-of-use (ROU) assets and liabilities and the weighted-average lease terms and discount rates are as follows:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:24.792%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:30.298%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.697%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.697%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.847%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">dollars in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Classification on the Balance Sheet</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating lease ROU assets</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">686.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">674.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">711.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated amortization</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(160.1)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(152.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(145.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases, net</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating lease right-of-use assets, net</span></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">525.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">521.5 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">566.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance lease ROU assets</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.8 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated depreciation</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23.8)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases, net</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-338"><span style="-sec-ix-hidden:f-339"><span style="-sec-ix-hidden:f-340">Property, plant &amp; equipment, net</span></span></span></span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total lease assets</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">538.1 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">538.2 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">594.4 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-347"><span style="-sec-ix-hidden:f-348"><span style="-sec-ix-hidden:f-349">Other current liabilities</span></span></span></span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-353"><span style="-sec-ix-hidden:f-354"><span style="-sec-ix-hidden:f-355">Other current liabilities</span></span></span></span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Noncurrent</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></div></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-359"><span style="-sec-ix-hidden:f-360"><span style="-sec-ix-hidden:f-361">Noncurrent operating lease liabilities</span></span></span></span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">525.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">522.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">556.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-365"><span style="-sec-ix-hidden:f-366"><span style="-sec-ix-hidden:f-367">Other noncurrent liabilities</span></span></span></span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total lease liabilities</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">581.3 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">577.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">624.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Lease Term and Discount Rate</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted-average remaining lease term (years) </span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.8</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.9</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.7</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="3" style="background-color:#e8eaef;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.5</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.4</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted-average discount rate </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.8</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.8</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.7</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.4</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.0</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.4</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Balances at </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:120%">March 31, 2026 and</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> December 31, 2025 exclude lease assets and liabilities classified as held for sale as detailed in </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_100" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Note 16</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our lease agreements do not contain material residual value guarantees, restrictive covenants or early termination options. In addition to the lease assets and liabilities presented in the table above, we entered into an agreement to lease a terminal in California and expect to have all permits in place associated with all lease commencement options by the second half of 2026.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">The components of lease expense are as follows:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:21.221%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:49.644%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="6" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="6" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance lease cost </span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Depreciation of right-of-use assets</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest on lease liabilities</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating lease cost</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Short-term lease cost </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Variable lease cost</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sublease income</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.9)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;border-bottom:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sale and leaseback gain</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total lease expense</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.7 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33.3 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Includes the cost of leases with an initial term of one year or less (including those with terms of one month or less). </span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Cash paid for operating leases was $20.6 million and $20.0 million for the three months ended March 31, 2026 and 2025, respectively. Cash paid for finance leases (principal and interest) was $3.4 million and $3.1 million for the three months ended March 31, 2026 and 2025, respectively.</span></div> LEASES<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our portfolio of nonmineral leases is composed of leases for real estate (including office buildings, aggregates sales yards and terminals, and concrete and asphalt sites) and equipment (including railcars and rail track, barges, and office, plant and mobile equipment).</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Lease right-of-use (ROU) assets and liabilities and the weighted-average lease terms and discount rates are as follows:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:24.792%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:30.298%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.697%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.697%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.847%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">dollars in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Classification on the Balance Sheet</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating lease ROU assets</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">686.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">674.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">711.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated amortization</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(160.1)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(152.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(145.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases, net</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating lease right-of-use assets, net</span></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">525.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">521.5 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">566.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance lease ROU assets</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.8 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated depreciation</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23.8)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases, net</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-338"><span style="-sec-ix-hidden:f-339"><span style="-sec-ix-hidden:f-340">Property, plant &amp; equipment, net</span></span></span></span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total lease assets</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">538.1 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">538.2 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">594.4 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-347"><span style="-sec-ix-hidden:f-348"><span style="-sec-ix-hidden:f-349">Other current liabilities</span></span></span></span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-353"><span style="-sec-ix-hidden:f-354"><span style="-sec-ix-hidden:f-355">Other current liabilities</span></span></span></span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Noncurrent</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></div></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-359"><span style="-sec-ix-hidden:f-360"><span style="-sec-ix-hidden:f-361">Noncurrent operating lease liabilities</span></span></span></span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">525.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">522.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">556.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-365"><span style="-sec-ix-hidden:f-366"><span style="-sec-ix-hidden:f-367">Other noncurrent liabilities</span></span></span></span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total lease liabilities</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">581.3 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">577.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">624.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Lease Term and Discount Rate</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted-average remaining lease term (years) </span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.8</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.9</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.7</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="3" style="background-color:#e8eaef;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.5</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.4</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted-average discount rate </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.8</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.8</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.7</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.4</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.0</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.4</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Balances at </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:120%">March 31, 2026 and</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> December 31, 2025 exclude lease assets and liabilities classified as held for sale as detailed in </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_100" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Note 16</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our lease agreements do not contain material residual value guarantees, restrictive covenants or early termination options. In addition to the lease assets and liabilities presented in the table above, we entered into an agreement to lease a terminal in California and expect to have all permits in place associated with all lease commencement options by the second half of 2026.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">The components of lease expense are as follows:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:21.221%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:49.644%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="6" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="6" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance lease cost </span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Depreciation of right-of-use assets</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest on lease liabilities</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating lease cost</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Short-term lease cost </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Variable lease cost</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sublease income</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.9)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;border-bottom:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sale and leaseback gain</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total lease expense</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.7 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33.3 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Includes the cost of leases with an initial term of one year or less (including those with terms of one month or less). </span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Cash paid for operating leases was $20.6 million and $20.0 million for the three months ended March 31, 2026 and 2025, respectively. Cash paid for finance leases (principal and interest) was $3.4 million and $3.1 million for the three months ended March 31, 2026 and 2025, respectively.</span></div> <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Lease right-of-use (ROU) assets and liabilities and the weighted-average lease terms and discount rates are as follows:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:24.792%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:30.298%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.697%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.697%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.847%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">dollars in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Classification on the Balance Sheet</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Assets </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating lease ROU assets</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">686.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">674.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">711.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated amortization</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(160.1)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(152.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(145.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases, net</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating lease right-of-use assets, net</span></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">525.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">521.5 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">566.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance lease ROU assets</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.8 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">35.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accumulated depreciation</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(11.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(18.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(23.8)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases, net</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-338"><span style="-sec-ix-hidden:f-339"><span style="-sec-ix-hidden:f-340">Property, plant &amp; equipment, net</span></span></span></span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">28.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total lease assets</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">538.1 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">538.2 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">594.4 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Liabilities </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-347"><span style="-sec-ix-hidden:f-348"><span style="-sec-ix-hidden:f-349">Other current liabilities</span></span></span></span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">51.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-353"><span style="-sec-ix-hidden:f-354"><span style="-sec-ix-hidden:f-355">Other current liabilities</span></span></span></span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Noncurrent</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></div></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-359"><span style="-sec-ix-hidden:f-360"><span style="-sec-ix-hidden:f-361">Noncurrent operating lease liabilities</span></span></span></span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">525.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">522.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">556.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.66pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"><span style="-sec-ix-hidden:f-365"><span style="-sec-ix-hidden:f-366"><span style="-sec-ix-hidden:f-367">Other noncurrent liabilities</span></span></span></span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total lease liabilities</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">581.3 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">577.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">624.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Lease Term and Discount Rate</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted-average remaining lease term (years) </span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.8</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.9</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">18.7</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="3" style="background-color:#e8eaef;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.5</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.4</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Weighted-average discount rate </span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.8</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.8</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.7</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.4</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.0</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.4</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Balances at </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:120%">March 31, 2026 and</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> December 31, 2025 exclude lease assets and liabilities classified as held for sale as detailed in </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_100" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Note 16</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">.</span></div> 686000000.0 674200000 711900000 160100000 152700000 145900000 525900000 521500000 566000000.0 23800000 35300000 52200000 11600000 18600000 23800000 12200000 16700000 28400000 538100000 538200000 594400000 45600000 44500000 51200000 4300000 5800000 10700000 525800000 522600000 556100000 5600000 5000000.0 6900000 581300000 577900000 624900000 P18Y9M18D P18Y10M24D P18Y8M12D P2Y6M P2Y4M24D P2Y1M6D 0.048 0.048 0.047 0.044 0.040 0.034 <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">The components of lease expense are as follows:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:21.221%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:49.644%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="6" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="6" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance lease cost </span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Depreciation of right-of-use assets</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest on lease liabilities</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating lease cost</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">20.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Short-term lease cost </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Variable lease cost</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sublease income</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.9)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;border-bottom:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Sale and leaseback gain</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="6" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total lease expense</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.7 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33.3 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span>Includes the cost of leases with an initial term of one year or less (including those with terms of one month or less). 1700000 2100000 100000 200000 20700000 20400000 10400000 12100000 4800000 4000000.0 1000000.0 900000 0.0 4600000 36700000 33300000 20600000 20000000.0 3400000 3100000 INCOME TAXES<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our estimated annual effective tax rate (EAETR) is based on full-year expectations of pretax earnings, statutory tax rates and permanent differences between book and tax accounting such as percentage depletion. For interim financial reporting, we calculate our quarterly income tax provision in accordance with the EAETR. Each quarter, we update our EAETR based on our revised full-year expectation of pretax earnings and calculate the income tax provision so that the year-to-date income tax provision reflects the EAETR. Significant judgment is required in determining our EAETR. Certain taxes may be computed outside of the EAETR and recognized when the event occurs, such as payments of share-based awards and significant, unusual, or infrequently occurring events.</span></div>In the first quarter of 2026, we recorded income tax expense from continuing operations of $45.9 million compared to $33.8 million in the first quarter of 2025. The increase in tax expense was primarily due to the increase in pretax earnings<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">As discussed in</span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_76" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline">Note 8</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">, in May 2022, Mexican government officials unexpectedly and arbitrarily shut down our Calica operations in Mexico. In 2025, Calica had deferred tax assets (including net operating losses) of $37.3 million against which we have a full valuation allowance recorded. In 2026, we project a $6.3 million increase in deferred tax assets against which we have recorded a valuation allowance as a component of the EAETR. A majority of the deferred tax assets relate to a net operating loss (NOL) carryforward which would expire between 2032 and 2036 if not utilized. Should the Mexican government lift the shutdown and/or if we are successful in our North American Free Trade Agreement (NAFTA) claim, we will reevaluate the need for a valuation allowance against the deferred tax assets.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Additionally, Calica is under examination by the Mexican Servicio de Administración Tributaria (SAT) for tax years 2018 and 2019. In the fourth quarter of 2025, SAT issued Calica an audit findings letter for 2018. Among other claims, SAT asserts that Calica had no right to mine and has denied its cost of goods sold deduction. We have recognized the full tax benefit associated with Calica’s cost of goods sold deduction in Mexico, as we believe it is more likely than not that the position will be sustained based upon the technical merits of the position. This position is strictly binary as our tax liability hinges entirely on the legal basis that Calica had the necessary rights to conduct its mining operations during the period in question. Should we be unsuccessful in defending this tax position related to the 2018 audit, we may incur a one-time cash outflow and tax expense of approximately $35 million, which includes $23 million of interest and penalties. </span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We project Alabama NOL carryforward deferred tax assets at December 31, 2026 of $44.5 million against which we have a valuation allowance of $32.4 million. We expect $9.5 million of the Alabama NOL carryforward to expire in 2026 resulting in a tax benefit of $0.8 million (recorded as a component of the EAETR) compared to the previous amount of valuation allowance recorded. Almost all of the Alabama NOL carryforward would expire between 2026 and 2029 if not utilized.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In August 2022, the Inflation Reduction Act (IRA) was signed into law, effective for tax years beginning on or after January 1, 2023. The IRA introduced a corporate alternative minimum tax (CAMT) of 15% applicable to corporations with adjusted financial statement income (AFSI) in excess of $1 billion determined on a prior three-year average. In 2026, we anticipate our average AFSI will exceed the applicable threshold which subjects us to CAMT for the current year and all future years. However, we do not expect to pay any CAMT in 2026. </span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In July 2025, President Trump signed into law H.R.1 - One Big Beautiful Bill Act. Certain provisions relevant to us became effective beginning January 1, 2026, but none are material to our effective tax rate.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">A summary of our deferred tax assets and liabilities is included in Note 9 “Income Taxes” in our Annual Report on Form 10-K for the year ended December 31, 2025.</span></div> 45900000 33800000 37300000 6300000 35000000 23000000 44500000 32400000 9500000 800000 REVENUES<div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Revenues are measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Sales taxes and other taxes we collect are recorded as liabilities until remitted and thus are excluded from revenues. Costs to obtain and fulfill contracts (primarily asphalt construction paving contracts) are immaterial and are expensed as incurred when the expected amortization period is one year or less. </span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our segment total revenues by geographic market for the three month periods ended March 31, 2026 and 2025 are disaggregated as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:50.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="21" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended March 31, 2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Aggregates</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Asphalt</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Concrete</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">East revenues</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">469.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gulf Coast revenues</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">877.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">West revenues</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">238.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">148.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">506.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Segment sales</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,450.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215.8 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,853.8 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intersegment sales</span></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(97.9)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(97.9)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total revenues </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,352.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215.8 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187.5 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,755.9 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:50.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:108%"> </span></td><td colspan="21" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended March 31, 2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Aggregates</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Asphalt</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Concrete</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">East revenues</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">395.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">490.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gulf Coast revenues</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">738.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">792.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">West revenues</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">201.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">438.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Segment sales</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,335.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,721.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intersegment sales</span></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87.0)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87.0)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total revenues </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,248.9 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208.7 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,634.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%;padding-left:11.75pt">The geographic markets are defined by states/countries as follows:</span><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">East market — Arkansas, Delaware, Illinois, Kentucky, Maryland, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, Virginia and Washington D.C.</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Gulf Coast market — Alabama, Florida, Georgia, Louisiana, Mississippi, Oklahoma, South Carolina, Texas, U.S. Virgin Islands, Freeport (Bahamas), Puerto Cortés (Honduras) and Quintana Roo (Mexico)</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">West market — Arizona, California, Hawaii, New Mexico and British Columbia (Canada) </span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Total revenues are primarily derived from our p</span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">roduct sales of aggregates (crushed stone, sand and gravel, sand and other aggregates), asphalt mix and ready-mixed concrete, and include freight &amp; delivery costs that we pass along to our customers to deliver these products. We also generate service revenues from our asphalt construction paving business and service revenues related to our aggregates business, such as landfill tipping fees. Our total service revenues were $43.7 million (2.5% of total revenues) and $44.8 million (2.7% of total revenues) for the three months ended </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">March 31, 2026</span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> and </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">2025</span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">, respectively. </span></div><div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our products typically are sold to private industry and not directly to governmental entities. Although approximately 40% to 55% of our aggregates shipments have historically been used in publicly funded construction (such as highways, airports and government buildings), a relatively small portion of our sales are made directly to federal, state, county or municipal governments/agencies. Therefore, although reductions in state and federal funding can curtail publicly funded construction, the vast majority of our business is not directly subject to renegotiation of profits or termination of contracts with local, state or federal governments.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Product Revenues</span></div><div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Revenue is recognized when obligations under the terms of a contract with our customer are satisfied; generally, this occurs at a point in time when our aggregates, asphalt mix and ready-mixed concrete are shipped/delivered and control passes to the customer. Revenue for our products is recorded at the fixed invoice amount, and payment is due by the 15</span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.52pt;font-weight:400;line-height:140%;position:relative;top:-2.97pt;vertical-align:baseline">th</span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> day of the following month. We do not offer discounts for early payment.</span></div><div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Freight &amp; delivery generally represents pass-through transportation costs we incur (including our administrative costs) and pay to third-party carriers to deliver our products to customers and are accounted for as a fulfillment activity. Likewise, the costs related to freight &amp; delivery are included in cost of revenues.</span></div><div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Freight &amp; delivery revenues are as follows:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:71.965%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total revenues</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,755.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,634.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Freight &amp; delivery revenues </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(238.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(219.8)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total revenues excluding freight &amp; delivery</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,517.2 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,414.8 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Includes freight &amp; delivery to remote distribution sites.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Construction Paving Service Revenues</span></div><div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Revenue from our asphalt construction paving business is recognized over time using the percentage-of-completion method under the cost approach. The percentage of completion is determined by costs incurred to date as a percentage of total costs estimated for the project. Under this approach, recognized contract revenue equals the total estimated contract revenue multiplied by the percentage of completion. Future revenues from unsatisfied performance obligations (including contracts with an expected duration of 1 year or less) at </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">March 31, 2026</span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> and </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">2025</span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> were $204.2 million and $229.9 million, respectively. The remaining period to complete the obligations at </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">March 31, 2026</span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> ranged from 1 month to 28 months.</span></div><div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our construction contracts are unit priced, and an account receivable is recorded for amounts invoiced based on actual units produced. Contract assets for estimated earnings in excess of billings, contract assets related to retainage provisions and contract liabilities for billings in excess of costs are immaterial. Variable consideration in our construction paving contracts is immaterial and consists of incentives and penalties based on the quality of work performed. Our construction paving contracts may contain warranty provisions covering defects in equipment, materials, design or workmanship that generally run from nine months to one year after project completion. Due to the nature of our construction paving projects, including contract owner inspections of the work during construction and prior to acceptance, we have not experienced material warranty costs for these short-term warranties.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Volumetric Production Payment Deferred Revenues</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In 2013 and 2012, we sold a percentage interest in certain future aggregates production for net cash proceeds of $226.9 million. These transactions, structured as volumetric production payments (VPPs):</span></div><div style="margin-bottom:3pt;padding-left:18pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:140%">•</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;padding-left:13.75pt">relate to eight quarries in Georgia and South Carolina</span></div><div style="margin-bottom:3pt;padding-left:18pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:140%">•</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;padding-left:13.75pt">provide the purchaser solely with a nonoperating percentage interest in the subject quarries’ future aggregates production</span></div><div style="margin-bottom:3pt;padding-left:18pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:140%">•</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;padding-left:13.75pt">contain no minimum annual or cumulative guarantees by us for production or sales volume, nor minimum sales price</span></div><div style="margin-bottom:6pt;padding-left:18pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:140%">•</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;padding-left:13.75pt">are both volume and time limited</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We are the exclusive sales agent for, and transmit quarterly to the purchaser the proceeds from the sale of, the purchaser’s share of aggregates production. Our consolidated total revenues exclude the revenue from the sale of the purchaser’s share of aggregates.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">The proceeds we received from the sale of the percentage interest were recorded as deferred revenue on the balance sheet. We recognize revenue on a unit-of-sales basis (as we sell the purchaser’s share of production) relative to the volume limitations of the transactions. Given the nature of the risks and potential rewards assumed by the buyer, the transactions do not reflect financing activities.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Changes in our deferred revenue balances (current and noncurrent) are as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:71.965%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:108%"> </span></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred revenue balance at beginning of period</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">138.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Revenue recognized from deferred revenue</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred revenue balance at end of period</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">136.5 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">143.7 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Based on expected sales from the specified quarries, we expect to recognize </span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">$7.5 million</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> of VPP deferred revenue as income during the twelve-month period ending March 31, 2027 (reflected in other current liabilities in our March 31, 2026 Condensed Consolidated Balance Sheet).</span></div> P1Y <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our segment total revenues by geographic market for the three month periods ended March 31, 2026 and 2025 are disaggregated as follows:</span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:50.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="21" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended March 31, 2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Aggregates</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Asphalt</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Concrete</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">East revenues</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">378.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">25.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">65.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">469.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gulf Coast revenues</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">834.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">41.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">877.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">West revenues</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">238.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">148.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">119.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">506.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Segment sales</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,450.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215.8 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,853.8 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intersegment sales</span></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(97.9)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(97.9)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total revenues </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,352.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215.8 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187.5 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,755.9 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:50.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:108%"> </span></td><td colspan="21" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended March 31, 2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Aggregates</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Asphalt</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Concrete</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">East revenues</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">395.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">70.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">490.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Gulf Coast revenues</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">738.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">52.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">792.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">West revenues</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">201.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">132.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">438.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Segment sales</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,335.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,721.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Intersegment sales</span></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87.0)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87.0)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total revenues </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,248.9 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208.7 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,634.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%;padding-left:11.75pt">The geographic markets are defined by states/countries as follows:</span><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">East market — Arkansas, Delaware, Illinois, Kentucky, Maryland, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, Virginia and Washington D.C.</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">Gulf Coast market — Alabama, Florida, Georgia, Louisiana, Mississippi, Oklahoma, South Carolina, Texas, U.S. Virgin Islands, Freeport (Bahamas), Puerto Cortés (Honduras) and Quintana Roo (Mexico)</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:7.5pt;font-weight:400;line-height:120%">West market — Arizona, California, Hawaii, New Mexico and British Columbia (Canada) </span></div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Total revenues are primarily derived from our p</span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">roduct sales of aggregates (crushed stone, sand and gravel, sand and other aggregates), asphalt mix and ready-mixed concrete, and include freight &amp; delivery costs that we pass along to our customers to deliver these products. We also generate service revenues from our asphalt construction paving business and service revenues related to our aggregates business, such as landfill tipping fees. Our total service revenues were $43.7 million (2.5% of total revenues) and $44.8 million (2.7% of total revenues) for the three months ended </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">March 31, 2026</span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> and </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">2025</span>, respectively. 378400000 25800000 65600000 469800000 834100000 41700000 2100000 877900000 238000000.0 148300000 119800000 506100000 1450500000 215800000 187500000 1853800000 -97900000 0.0 0.0 -97900000 1352600000 215800000 187500000 1755900000 395900000 24300000 70300000 490500000 738600000 52400000 1600000 792600000 201400000 132000000.0 105100000 438500000 1335900000 208700000 177000000.0 1721600000 -87000000.0 0.0 0.0 -87000000.0 1248900000 208700000 177000000.0 1634600000 43700000 0.025 44800000 0.027 0.40 0.55 <div style="margin-bottom:6pt"><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Freight &amp; delivery revenues are as follows:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:71.965%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total revenues</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,755.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,634.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Freight &amp; delivery revenues </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(238.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(219.8)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total revenues excluding freight &amp; delivery</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,517.2 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,414.8 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Includes freight &amp; delivery to remote distribution sites.</span></div> 1755900000 1634600000 -238700000 -219800000 1517200000 1414800000 204200000 229900000 P1M P28M P9M P1Y 226900000 8 <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Changes in our deferred revenue balances (current and noncurrent) are as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:71.965%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:108%"> </span></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred revenue balance at beginning of period</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">138.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Revenue recognized from deferred revenue</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Deferred revenue balance at end of period</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">136.5 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">143.7 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 138100000 145300000 1600000 1600000 136500000 143700000 7500000 FAIR VALUE MEASUREMENTS<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels as described below:</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:140%">Level 1:</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> Quoted prices in active markets for identical assets or liabilities</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:140%">Level 2:</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> Inputs that are derived principally from or corroborated by observable market data</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:140%">Level 3:</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> Inputs that are unobservable and significant to the overall fair value measurement</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our assets subject to fair value measurement on a recurring basis are summarized below:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1 Fair Value</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rabbi Trust</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mutual funds</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2 Fair Value</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rabbi Trust</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Money market mutual fund</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.6 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We have two Rabbi Trusts for the purpose of providing a level of security for the employee nonqualified retirement and deferred compensation plans and for the directors' nonqualified deferred compensation plans. The fair values of these investments are estimated using a market approach. The Level 1 investments include mutual funds for which quoted prices in active markets are available. Level 2 investments are stated at estimated fair value based on the underlying investments in the fund (high-quality, short-term money market instruments).</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Net gains of the Rabbi Trusts’ investments were $1.4 million and $0.3 million for the </span><span style="background-color:#ffffff;color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">three</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> months ended March 31, 2026 and 2025, respectively. Unrealized gains on investments held by the Rabbi Trusts at March 31, 2026 and 2025 were $1.2 million and $3.1 million, respectively.</span></div> <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our assets subject to fair value measurement on a recurring basis are summarized below:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 1 Fair Value</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rabbi Trust</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Mutual funds</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">44.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">36.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Level 2 Fair Value</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Rabbi Trust</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Money market mutual fund</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.1 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.6 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div> 44900000 42600000 36200000 44900000 42600000 36200000 1400000 2100000 3600000 1400000 2100000 3600000 2 1400000 300000 1200000 3100000 DERIVATIVE INSTRUMENTS<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">During the normal course of operations, we are exposed to market risks including interest rates, foreign currency exchange rates and commodity prices. From time to time, we use derivative instruments to balance the cost and risk of such expenses. We do not use derivative instruments for trading or other speculative purposes.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In prior periods, we entered into interest rate locks of future debt issuances to hedge the risk of higher interest rates. These interest rate locks were designated as cash flow hedges. The gain/loss upon settlement of these cash flow hedges is deferred (recorded in accumulated other comprehensive income (loss) (AOCI)) and amortized to interest expense over the term of the related debt.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">This amortization was reflected in the accompanying Condensed Consolidated Statements of Comprehensive Income as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:50.685%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.054%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.846%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:23pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" rowspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" rowspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Income Statement<br/>Location</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loss reclassified from AOCI</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.6)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.6)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">For the twelve-month period ending March 31, 2027, we estimate that $2.5 million of the $15.5 million net of tax loss in AOCI will be reclassified to interest expense.</span></div> <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">This amortization was reflected in the accompanying Condensed Consolidated Statements of Comprehensive Income as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:50.685%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.054%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.846%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:23pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" rowspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" rowspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Income Statement<br/>Location</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Loss reclassified from AOCI</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.6)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.6)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> -600000 -600000 2500000 -15500000 DEBT<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Debt is detailed as follows:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:41.905%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.847%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Effective<br/>Interest Rates</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bank line of credit expires 2029</span></div></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial paper expires 2029</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total short-term debt</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial paper expires 2029 </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">550.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.90% notes due 2027</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.00</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">400.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">400.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">400.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.95% notes due 2029</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.17</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">500.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">500.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">500.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.50% notes due 2030</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.94</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.35% notes due 2034</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.48</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.15% notes due 2037</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.05</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.50% notes due 2047</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.59</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">700.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">700.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">700.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.70% notes due 2048</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.42</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">460.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">460.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">460.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.70% notes due 2054</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.82</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other notes</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total long-term debt - face value</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,440.1 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,440.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,990.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Unamortized discounts and debt issuance costs</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(77.1)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(78.5)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(82.3)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total long-term debt - book value</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,363.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,362.1 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,908.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current maturities</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.4)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.5)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total long-term debt - reported value</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,363.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,361.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,907.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Estimated fair value of long-term debt</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,243.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,333.3 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,794.5 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div><div><span style="color:#ff0090;font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:108%"> </span></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Borrowings on the commercial paper program are classified as long-term if we have the intent and ability to extend payment beyond twelve months.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Discounts and debt issuance costs are amortized using the effective interest method over the terms of the respective notes resulting in $1.3 million and $1.4 million of net interest expense for these items for the three months ended March 31, 2026 and 2025, respectively.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Line of Credit and Commercial Paper Program</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our $1,600.0 million unsecured commercial paper program was established in August 2022 and matures in November 2029. Our commercial paper is fully back-stopped by our line of credit and contains covenants customary for an unsecured investment-grade facility. As of March 31, 2026, we were in compliance with the commercial paper covenants. Commercial paper borrowings bear interest at rates determined at the time of borrowing and as agreed between us and the commercial paper investors. As of March 31, 2026, we had $197.0 million in short-term commercial paper borrowings with a 3.95% effective interest rate.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our $1,600.0 million unsecured line of credit was amended in November 2024 to extend the maturity date from August 2027 to November 2029. Our line of credit contains covenants customary for an unsecured investment-grade facility. As of March 31, 2026, we were in compliance with the line of credit covenants. Borrowings on the line of credit bear interest, at our option, at either SOFR plus a margin or Truist Bank’s base rate plus a margin. The margins are determined by our credit ratings. Standby letters of credit, which are issued under the line of credit and reduce availability, are charged a fee equal to the margin for SOFR borrowings plus 0.175%. We also pay a commitment fee on the daily average unused amount of the line of credit that ranges from 0.090% to 0.225% determined by our credit ratings. As of March 31, 2026, the margin for SOFR borrowings was 1.125%, the margin for base rate borrowings was 0.125% and the commitment fee for the unused amount was 0.100%.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">As of March 31, 2026, our available borrowing capacity under the line of credit was $1,576.9 million. Utilization of the borrowing capacity was as follows:</span></div><div style="margin-bottom:6pt;padding-left:18pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">•</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;padding-left:13.75pt">None was borrowed</span></div><div style="margin-bottom:6pt;padding-left:18pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:140%">•</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;padding-left:13.75pt">$23.1 million was used to support standby letters of credit</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Term Debt</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">All of our $4,440.1 million (face value) of term debt is unsecured. All of the covenants in the debt agreements are customary for investment-grade facilities. As of March 31, 2026, we were in compliance with all term debt covenants.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In November 2024, we issued $500.0 million of 4.95% senior notes due 2029, $750.0 million of 5.35% senior notes due 2034 and $750.0 million of 5.70% senior notes due 2054. Total proceeds of $1,975.0 million (net of discounts and transaction costs), together with cash on hand, were used to provide liquidity for acquisitions in 2024 and debt maturing in 2025.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In March 2025, we redeemed the $400.0 million senior notes due April 2025 using cash on hand.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Additionally, in February 2026, we paid a $50.0 million note payable (included in other current liabilities in the accompanying Condensed Consolidated Balance Sheet at December 31, 2025) related to an acquisition completed in 2022.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Standby Letters of Credit</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We provide, in the normal course of business, certain third-party beneficiaries with standby letters of credit to support our obligations to pay or perform according to the requirements of an underlying agreement. Such letters of credit typically have an initial term of one year, renew automatically and can only be modified or canceled with the approval of the beneficiary. Except for $1.1 million of letters of credit related to acquisitions completed in 2024, our standby letters of credit are issued by banks that participate in our $1,600.0 million line of credit and reduce the borrowing capacity thereunder. Our standby letters of credit as of March 31, 2026 are summarized by purpose in the table below:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:83.870%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.843%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Risk management insurance</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reclamation/restoration requirements</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total standby letters of credit</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24.2 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div> <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Debt is detailed as follows:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:41.905%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.847%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Effective<br/>Interest Rates</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bank line of credit expires 2029</span></div></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial paper expires 2029</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total short-term debt</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">197.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Commercial paper expires 2029 </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">550.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.90% notes due 2027</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.00</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">400.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">400.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">400.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.95% notes due 2029</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.17</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">500.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">500.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">500.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.50% notes due 2030</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.94</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.35% notes due 2034</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.48</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.15% notes due 2037</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.05</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.50% notes due 2047</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.59</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">700.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">700.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">700.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.70% notes due 2048</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.42</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">460.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">460.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">460.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.70% notes due 2054</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.82</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">750.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other notes</span></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total long-term debt - face value</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,440.1 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,440.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,990.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Unamortized discounts and debt issuance costs</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(77.1)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(78.5)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(82.3)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total long-term debt - book value</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,363.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,362.1 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,908.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current maturities</span></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.4)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.5)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total long-term debt - reported value</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,363.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,361.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,907.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Estimated fair value of long-term debt</span></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,243.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,333.3 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,794.5 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div><div><span style="color:#ff0090;font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:108%"> </span></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Borrowings on the commercial paper program are classified as long-term if we have the intent and ability to extend payment beyond twelve months.</span></div> 0.0 0.0 0.0 197000000.0 0.0 0.0 197000000.0 0.0 0.0 0.0 0.0 550000000.0 0.0390 0.0400 400000000.0 400000000.0 400000000.0 0.0495 0.0517 500000000.0 500000000.0 500000000.0 0.0350 0.0394 750000000.0 750000000.0 750000000.0 0.0535 0.0548 750000000.0 750000000.0 750000000.0 0.0715 0.0805 129200000 129200000 129200000 0.0450 0.0459 700000000.0 700000000.0 700000000.0 0.0470 0.0542 460900000 460900000 460900000 0.0570 0.0582 750000000.0 750000000.0 750000000.0 0.0 500000 600000 4440100000 4440600000 4990700000 77100000 78500000 82300000 4363000000 4362100000 4908400000 0.0 400000 500000 4363000000 4361700000 4907900000 4243000000 4333300000 4794500000 1300000 1400000 1600000000 197000000.0 0.0395 1600000000 0.00175 0.00090 0.00225 0.01125 0.00125 0.00100 1576900000 0 23100000 4440100000 500000000.0 0.0495 750000000.0 0.0535 750000000.0 0.0570 1975000000 400000000.0 50000000.0 P1Y 1100000 1600000000 Our standby letters of credit as of March 31, 2026 are summarized by purpose in the table below:<div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:83.870%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.843%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Risk management insurance</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Reclamation/restoration requirements</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total standby letters of credit</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24.2 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div> 9800000 14400000 24200000 COMMITMENTS AND CONTINGENCIES <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Certain of our aggregates reserves are burdened by volumetric production payments (nonoperating interest) as described in </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_43" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline">Note 4</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">. As the holder of the operating interest, we have responsibility to bear the cost of mining and producing the reserves attributable to this nonoperating interest.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">As stated in </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_31" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline">Note 2</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">, our lease liabilities totaled $581.3 million as of March 31, 2026.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">As summarized by purpose in </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_73" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline">Note 7</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">, our standby letters of credit totaled $24.2 million as of March 31, 2026.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">As described in </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_79" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline">Note 9</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">, our asset retirement obligations totaled $460.0 million as of March 31, 2026.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Litigation and Environmental Matters</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We are subject to occasional governmental proceedings and orders pertaining to occupational safety and health or to protection of the environment, such as proceedings or orders relating to noise abatement, air emissions or water discharges. As part of our continuing program of stewardship in safety, health and environmental matters, we have been able to resolve such proceedings and to comply with such orders without any material adverse effects on our business.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We have received notices from the United States Environmental Protection Agency (EPA) or similar state or local agencies that we are considered a potentially responsible party (PRP) at a limited number of sites under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA or Superfund) or similar state and local environmental laws. Generally, we share the cost of remediation at these sites with other PRPs or alleged PRPs in accordance with negotiated or prescribed allocations. There is inherent uncertainty in determining the potential cost of remediating a given site and in determining any individual party's share in that cost. As a result, estimates can change substantially as additional information becomes available regarding the nature or extent of site contamination, remediation methods, other PRPs and their probable level of involvement, and actions by or against governmental agencies or private parties.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We have reviewed the nature and extent of our involvement at each Superfund site as well as potential obligations arising under other federal, state and local environmental laws. While ultimate resolution and financial liability is uncertain at a number of the sites, in our opinion, based on information currently available, the ultimate resolution of claims and assessments related to these sites will not have a material effect on our consolidated results of operations, financial position or cash flows, although amounts recorded in a given period could be material to our results of operations or cash flows for that period. Amounts accrued for environmental matters (measured on an undiscounted basis) are presented below:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Continuing operations</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retained from former Chemicals business</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.3 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total accrued environmental remediation costs</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54.1 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We are a defendant in various lawsuits in the ordinary course of business. It is not possible to determine with precision the outcome, or the amount of liability, if any, under these lawsuits, especially where the cases involve possible jury trials with as yet undetermined jury panels.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In addition to these lawsuits in which we are involved in the ordinary course of business, certain other material legal proceedings are specifically described below.</span></div><div style="margin-bottom:6pt;padding-left:18pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:700;line-height:140%">•</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;padding-left:13.75pt">LOWER PASSAIC RIVER STUDY AREA (DISCONTINUED OPERATIONS and SUPERFUND SITE) — The Lower Passaic River Study Area is part of the Diamond Shamrock Superfund Site in New Jersey. Vulcan and approximately 70 other companies are parties to a May 2007 Administrative Order on Consent with the EPA to perform a Remedial Investigation/Feasibility Study (draft RI/FS) of the lower 17 miles of the Passaic River (River). The draft RI/FS was submitted recommending a targeted hot spot remedy; however, the EPA issued a record of decision in March 2016 that calls for a bank-to-bank dredging remedy for the lower 8 miles of the River. The EPA estimates that the cost of implementing this proposal is $1.38 billion. In September 2016, the EPA entered into an Administrative Settlement Agreement and Order on Consent with Occidental Chemical Corporation (Occidental) in which Occidental agreed to undertake the remedial design for this bank-to-bank dredging remedy and to reimburse the United States for certain response costs.</span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Efforts to investigate and remediate the River have been underway for many years and have involved hundreds of entities that have had operations on or near the River at some point during the past several decades. We formerly owned a chemicals </span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">operation near the mouth of the River, which was sold in 1974. The major risk drivers in the River have been identified to include dioxins, PCBs, DDx and mercury. We did not manufacture any of these risk drivers and have no evidence that any of these were discharged into the River by Vulcan.</span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In 2021, certain PRPs, including Vulcan, received a joint confidential settlement demand from the EPA/Department of Justice (DOJ). Vulcan and certain of the other PRPs that received the joint confidential settlement demand reached an agreement to settle with the EPA/DOJ and negotiated a Consent Decree. The court granted the motion to enter the Consent Decree in December 2024. Occidental thereafter filed an appeal challenging the entry of the Consent Decree. The appeal remains pending. Vulcan’s portion of the settlement is within the immaterial loss recorded for this matter in 2015.</span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In July 2018, Vulcan, along with more than 100 other defendants, was sued by Occidental in United States District Court for the District of New Jersey, Newark Vicinage. Occidental is seeking cost recovery and contribution under CERCLA for costs related to the River. This lawsuit is currently stayed. In another related proceeding, Occidental filed a lawsuit in March 2023 against Vulcan and 39 other defendants in United States District Court for the District of New Jersey, Newark Vicinage seeking cost recovery and contribution under CERCLA for costs related to the upper 9 miles of the River. It is unknown at this time how the settlement and approval of the Consent Decree with the EPA/DOJ would affect the Occidental lawsuits.</span></div><div style="margin-bottom:6pt;padding-left:18pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">•</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;padding-left:13.75pt">1,1,1-TRICHLOROETHANE LITIGATION (DISCONTINUED OPERATIONS) — During the operation of our former Chemicals Division, which was divested to Occidental in 2005, Vulcan manufactured a chlorinated solvent known as 1,1,1-trichloroethane. Vulcan faces liabilities related to 1,1,1-trichloroethane stabilized with 1,4-dioxane ("TCA"). We are one of the defendants in cases filed in both state and federal courts, including one case filed by the State of New Jersey. According to the various complaints, the plaintiffs seek damages including, but not limited to, unspecified compensatory damages associated with the remediation of water wells allegedly contaminated with 1,4-dioxane, natural resource damages, disgorgement of profits from the sale of TCA, punitive damages, as well as penalties and attorney's fees under various statutes. During the fourth quarter of 2025, a Vulcan insurer directly negotiated the settlement of the largest plaintiff case filed in federal court in New York. Vulcan’s insurer funded the settlement in excess of Vulcan’s immaterial self-insured retention amount. We will vigorously defend the remaining cases on substantive and procedural grounds. At this time, we cannot determine the likelihood of loss, or reasonably estimate a range of loss, if any, pertaining to the above-referenced cases.</span></div><div style="margin-bottom:6pt;padding-left:18pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">•</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;padding-left:13.75pt">HEWITT LANDFILL MATTER (SUPERFUND SITE) — In 2015, the Los Angeles Regional Water Quality Control Board (RWQCB) issued a Cleanup and Abatement Order (CAO) directing Calmat Co., a Vulcan subsidiary (hereinafter Vulcan), to assess, monitor, cleanup, and abate wastes that have been discharged to soil, soil vapor, and/or groundwater at the former Hewitt Landfill in Los Angeles.</span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Following an extensive investigation and pilot scale testing, Vulcan implemented an onsite corrective action plan approved by RWQCB that includes a groundwater pump, treat and reinjection system. In 2024, the RWQCB made a request under the CAO for a work plan to install additional monitoring wells and optimize and expand the existing on-site remediation system. This request complements expansion discussions with the EPA and other stakeholders as part of an Alternative Design Plan (ADP). Currently-anticipated costs of these on-site source control activities have been fully accrued.</span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We are also engaged in an ongoing dialogue with the EPA and the Los Angeles Department of Water and Power (LADWP) regarding the potential contribution of the Hewitt Landfill to groundwater contamination in the North Hollywood Operable Unit (NHOU) of the San Fernando Valley Superfund Site.</span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">The EPA and Vulcan entered into a 2017 Administrative Order on Consent (AOC) for the design of two extraction wells south of the Hewitt Landfill to protect the North Hollywood West (NHW) wellfield. Thereafter, LADWP proposed and ultimately constructed two water production and well head treatment facilities—the NHW system and the North Hollywood Central (NHC) system—at LADWP wellfields located near the Hewitt Landfill. After significant evaluation of the likely effect of LADWP’s water production facilities on other previously-feasible remediation options and the exchange of numerous workplans and evaluation reports, Vulcan submitted an ADP to the EPA in 2025. The ADP relies upon the RWQCB-approved expansion of the onsite Hewitt remedy and, necessarily, the two well head treatment systems operated by LADWP as the preferred method to address the off-site impacts that were the target of the 2017 AOC. The ADP further contemplates an agreement on the coordination of the operation of the onsite Hewitt remedy and LADWP’s well head treatment systems. The EPA, Vulcan, and LADWP continue to engage in a dialogue regarding the coordination of the systems. At this time, we cannot reasonably estimate a range of a loss pertaining to potential work completed at the direction of the EPA.</span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Additionally, Vulcan is in a dispute with LADWP regarding the cost and necessity of LADWP's construction of the two well head treatment facilities and Vulcan's relative contribution to their construction and operation. LADWP has alleged that the Hewitt Landfill is one of the primary sources of contamination at the NHW system and one of the sources of contamination at the NHC system. According to information available on the California State Water Resources Control Board (SWRCB) website, the </span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">capital cost of the NHW system is estimated at $92 million, and the capital cost of the NHC system is estimated at $245 million. LADWP has also alleged that it incurred damages related to investigation and monitoring costs and its historical inability to use water in the vicinity of its wellfields. LADWP’s investigation and monitoring allegations include its publicly-reported six-year $11.5 million Groundwater System Improvement Study and the installation and monitoring of 26 wells in support of the study, for which LADWP has reported costs of an additional $22 million. Additionally, both systems will incur significant costs for operation and maintenance. LADWP presented a demand to Vulcan in January 2026 that included actual costs in excess of these publicly-reported estimates. </span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We anticipate continued discussions with LADWP regarding its alleged damages and potential claims. In conjunction with those discussions, we are engaging in further efforts to gather and analyze records and data in order to assess the extent of possible contribution by the Hewitt Landfill to the groundwater contamination in the area, consistent with the parallel request by the EPA, and the reasonableness of LADWP’s efforts. This work is also intended to assist in identification of other PRPs that may have contributed to groundwater contamination in the area of the NHW and NHC systems. Together, these efforts will allow us to analyze our anticipated equitable contribution to LADWP’s treatment systems and the ongoing operation of the systems. Among other factors, we anticipate that any contribution should take into account the on-site source control and other measures implemented by Vulcan at the former Hewitt Landfill, the relative contribution and duration of any contaminants originating from the Hewitt Landfill to the LADWP systems, the contribution and duration of contaminants originating from the property and activities of LADWP, and the cost-effectiveness of the LADWP systems. At this time, we cannot reasonably estimate a range of a loss pertaining to LADWP’s potential contribution claim. However, as discussions continue with LADWP and as additional records and data are analyzed, it is reasonably possible that an estimated material loss could be recognized in the near term.</span></div><div style="margin-bottom:6pt;padding-left:18pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">•</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;padding-left:13.75pt">NAFTA ARBITRATION — In September 2018, our subsidiary Legacy Vulcan, LLC (Legacy Vulcan), on its own behalf, and on behalf of our Mexican subsidiary Calizas Industriales del Carmen, S.A. de C.V. (Calica), served the United Mexican States (Mexico) a Notice of Intent to Submit a Claim to Arbitration under Chapter 11 of the North American Free Trade Agreement (NAFTA). This NAFTA claim relates to the treatment of a portion of our quarrying operations in Quintana Roo, Mexico arising from, among other measures, Mexico’s failure to comply with a legally binding zoning agreement and relates to other unfair, arbitrary and capricious actions by Mexico’s environmental enforcement agency. We assert that these actions are in breach of Mexico’s international obligations under NAFTA and international law.</span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">As required by Article 1118 of NAFTA, we sought to settle this dispute with Mexico through consultations. Notwithstanding our good faith efforts to resolve the dispute amicably, we were unable to do so and filed a Request for Arbitration with the International Centre for Settlement of Investment Disputes (ICSID) in December 2018. In January 2019, ICSID registered our Request for Arbitration.</span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">A hearing on the merits took place in July 2021. While we awaited the final resolution from the tribunal, we continued to engage with government officials to pursue an amicable resolution of the dispute. On May 5, 2022, Mexican government officials unexpectedly and arbitrarily shut down Calica’s remaining operations in Mexico. On May 8, 2022, Legacy Vulcan filed an application in the NAFTA arbitration seeking provisional measures and leave to file an ancillary claim in connection with this latest shutdown (see </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_115" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%;text-decoration:underline">Part I, Item 2 "Management’s Discussion and Analysis of Financial Condition and Results of Operations"</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%"> under the caption "Known Trends or Uncertainties"). In July 2022, the NAFTA arbitration tribunal granted Legacy Vulcan’s application and ordered Mexico not to take any action that might further aggravate the dispute between the parties or render the resolution of the dispute potentially more difficult. A hearing on the merits of the ancillary claim took place in August 2023. We expect that the NAFTA arbitration tribunal will issue a decision on the claim and ancillary claim during 2026. </span></div><div style="margin-bottom:6pt;padding-left:18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">At this time, there can be no assurance whether we will be successful in our NAFTA claim and ancillary claim, and we cannot quantify the amount we may recover, if any, under this arbitration proceeding if we are successful.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">It is not possible to predict the ultimate outcome of these and other legal proceedings in which we are involved, and a number of factors, including developments in ongoing discovery or adverse rulings, or the verdict of a particular jury, could cause actual losses to differ materially from accrued costs. No liability was recorded for claims and litigation for which a loss was determined to be only reasonably possible or for which a loss could not be reasonably estimated. Legal costs incurred in defense of lawsuits are expensed as incurred. In addition, losses on certain claims and litigation described above may be subject to limitations on a per occurrence basis by excess insurance, as described in our most recent Annual Report on Form 10-K.</span></div> 581300000 24200000 460000000.0 Amounts accrued for environmental matters (measured on an undiscounted basis) are presented below:<div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Continuing operations</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">45.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Retained from former Chemicals business</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.3 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total accrued environmental remediation costs</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54.1 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">56.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div> 45600000 45700000 47700000 8400000 8400000 8300000 54000000.0 54100000 56000000.0 70 17 8 1380000000 100 39 1 2 92000000 245000000 11500000 22000000 0 ASSET RETIREMENT OBLIGATIONS<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Asset retirement obligations (AROs) are legal obligations associated with the retirement of long-lived assets resulting from the acquisition, construction, development and/or normal use of the underlying assets, including legal obligations for land reclamation. Recognition of a liability for an ARO is required in the period in which it is incurred at its estimated fair value. The associated asset retirement costs are capitalized as part of the carrying amount of the underlying asset and depreciated over the estimated useful life of the asset. The ARO liability is accreted through charges to operating expenses. If the ARO liability is settled for a value other than the carrying amount of the liability, we recognize a gain or loss on settlement.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">ARO operating costs related to accretion of the liabilities and depreciation of the assets are as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:69.882%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ARO Operating Costs</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accretion</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Depreciation</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total ARO operating costs</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.7 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.2 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">ARO operating costs are reported in cost of revenues. ARO liabilities are reported within other noncurrent liabilities in our accompanying Condensed Consolidated Balance Sheets.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Reconciliations of the carrying amounts of our ARO liabilities are as follows: </span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:69.882%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Asset Retirement Obligations</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ARO liability balance at beginning of period</span></div></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">456.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">427.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities incurred</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities settled </span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5.9)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accretion expense</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.3 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Revisions, net </span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ARO liability balance at end of period </span></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">460.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">429.5 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">ARO operating costs related to accretion of the liabilities and depreciation of the assets are as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:69.882%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">ARO Operating Costs</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accretion</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Depreciation</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total ARO operating costs</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.7 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.2 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 5000000.0 4300000 3700000 3900000 8700000 8200000 <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Reconciliations of the carrying amounts of our ARO liabilities are as follows: </span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:69.882%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Asset Retirement Obligations</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ARO liability balance at beginning of period</span></div></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">456.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">427.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities incurred</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Liabilities settled </span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(5.9)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accretion expense</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.3 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Revisions, net </span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">ARO liability balance at end of period </span></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">460.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">429.5 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 456500000 427400000 0.0 0.0 3000000.0 5900000 5000000.0 4300000 1500000 3700000 460000000.0 429500000 BENEFIT PLANS<div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Pension Plans</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We sponsor two qualified, noncontributory defined benefit pension plans, the Vulcan Materials Company Pension Plan (VMC Pension Plan) and the CMG Hourly Pension Plan (CMG Pension Plan). The VMC Pension Plan has been closed to new entrants since 2007, and benefit accruals ceased in 2005 for hourly participants and in 2013 for salaried participants. The CMG Pension Plan is closed to new entrants other than through one small union, and benefits continue to accrue equal to a flat dollar amount for each year of service. In addition to these qualified plans, we sponsor three unfunded, nonqualified pension plans.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">The following table sets forth the components of net periodic pension benefit cost:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:69.882%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Service cost</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest cost</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.3 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Expected return on plan assets</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7.8)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortization of actuarial loss</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net periodic pension benefit cost</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.2 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pretax amortization from AOCI</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Contributions to pension plans, as reflected on the Condensed Consolidated Statements of Cash Flows, pertain to benefit payments under nonqualified plans and qualified plan contributions of $0.8 million and $1.2 million for the three months ended March 31, 2026 and 2025, respectively.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Postretirement Plans</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In addition to pension benefits, we provide certain healthcare and life insurance benefits for some retired employees. Substantially all of our salaried employees and, where applicable, certain of our hourly employees may become eligible for these benefits if they reach a qualifying age and meet certain service requirements. Generally, Company-provided healthcare benefits end when covered individuals become eligible for Medicare benefits, become eligible for other group insurance coverage or reach age 65 (whichever occurs first).</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">The following table sets forth the components of net periodic other postretirement benefit cost:</span></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:69.882%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Service cost</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest cost</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortization of prior service cost</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortization of actuarial gain</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.4)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.3)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net periodic postretirement benefit cost </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pretax amortization from AOCI</span></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Defined Contribution Plans</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In addition to our pension and postretirement plans, we sponsor six defined contribution plans. Substantially all salaried and non-union hourly employees are eligible to be covered by one of these plans. Under these plans, we match employees’ eligible contributions at established rates. Expense recognized in connection with these matching obligations totaled $21.0 million and $17.0 million for the three months ended March 31, 2026 and 2025, respectively (reported within other current liabilities in our accompanying Condensed Consolidated Balance Sheets).</span></div> 2 3 <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">The following table sets forth the components of net periodic pension benefit cost:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:69.882%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Service cost</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest cost</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.3 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Expected return on plan assets</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(9.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(7.8)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortization of actuarial loss</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net periodic pension benefit cost</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.2 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pretax amortization from AOCI</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">The following table sets forth the components of net periodic other postretirement benefit cost:</span></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:69.882%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Service cost</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest cost</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortization of prior service cost</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortization of actuarial gain</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.4)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.3)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net periodic postretirement benefit cost </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pretax amortization from AOCI</span></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 500000 500000 7800000 8300000 9000000.0 7800000 -1200000 -1200000 500000 2200000 1200000 1200000 800000 1200000 500000 600000 400000 500000 400000 400000 400000 300000 900000 1200000 0.0 100000 6 21000000.0 17000000.0 OTHER COMPREHENSIVE INCOME<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Comprehensive income comprises two subsets: net earnings and other comprehensive income (OCI). The components of OCI are presented in the accompanying Condensed Consolidated Statements of Comprehensive Income, net of applicable taxes.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Amounts in AOCI, net of tax, are as follows:</span></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flow hedges</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15.5)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pension and postretirement plans</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(108.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(109.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(108.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total AOCI</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(124.2)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(125.6)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(126.0)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Changes in AOCI, net of tax, for the three months ended March 31, 2026 are as follows:</span></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash Flow<br/>Hedges </span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Pension and<br/>Postretirement<br/>Benefit Plans</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AOCI Balances as of December 31, 2025</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(109.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(125.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts reclassified from AOCI</span></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AOCI Balances as of March 31, 2026</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15.5)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(108.7)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(124.2)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Amounts reclassified from AOCI to earnings are as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:71.965%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amortization of Accumulated Cash Flow Hedge Losses</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit from income taxes</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.1)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.2)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amortization of Accumulated Benefit Plan Costs</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other nonoperating expense</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit from income taxes</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.3)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.3)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total reclassifications from AOCI to earnings</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Amounts in AOCI, net of tax, are as follows:</span></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash flow hedges</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15.5)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(17.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Pension and postretirement plans</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(108.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(109.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(108.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total AOCI</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(124.2)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(125.6)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(126.0)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div> -15500000 -16000000.0 -17300000 108700000 109600000 108700000 -124200000 -125600000 -126000000.0 <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Changes in AOCI, net of tax, for the three months ended March 31, 2026 are as follows:</span></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash Flow<br/>Hedges </span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Pension and<br/>Postretirement<br/>Benefit Plans</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AOCI Balances as of December 31, 2025</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(16.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(109.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(125.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amounts reclassified from AOCI</span></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">AOCI Balances as of March 31, 2026</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(15.5)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(108.7)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(124.2)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div> -16000000.0 -109600000 -125600000 -500000 -900000 -1400000 -15500000 -108700000 -124200000 <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Amounts reclassified from AOCI to earnings are as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:71.965%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amortization of Accumulated Cash Flow Hedge Losses</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit from income taxes</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.1)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.2)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.4 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Amortization of Accumulated Benefit Plan Costs</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other nonoperating expense</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Benefit from income taxes</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.3)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.3)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total reclassifications from AOCI to earnings</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 600000 600000 -100000 -200000 500000 400000 1200000 1300000 -300000 -300000 900000 1000000.0 1400000 1400000 EQUITY<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our capital stock consists solely of common stock, par value $1.00 per share, of which 480,000,000 shares may be issued. Holders of our common stock are entitled to one vote per share. We may also issue 5,000,000 shares of preferred stock, but no shares have been issued. The terms and provisions of such shares will be determined by our Board of Directors upon any issuance of preferred shares in accordance with our Certificate of Incorporation.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">There were no shares held in treasury as of March 31, 2026, December 31, 2025, or March 31, 2025. </span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our common stock purchases (all of which were open market purchases) and subsequent retirements for the year-to-date periods ended are as follows: </span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions, except average price</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Number of shares purchased and retired</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total purchase price </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">438.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Average price per share</span></div></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">296.47 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">283.82 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">224.36 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td></tr></table></div><div><span style="color:#ff0090;font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:108%"> </span></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">The amount paid to purchase shares in excess of the par value and related excise taxes are recorded in retained earnings. </span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">As of March 31, 2026, 4,768,487 shares may be purchased under the current authorization of our Board of Directors.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Changes in total equity are summarized below:</span></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:74.048%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions, except per share data</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Shareholders' Equity</span></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> </span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> </span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at beginning of period</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,525.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,118.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net earnings attributable to Vulcan</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share-based compensation plans, net of shares withheld for taxes</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(37.9)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(24.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Purchase and retirement of common stock</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(150.4)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(38.1)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share-based compensation expense</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash dividends on common stock</span></div><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">($0.52/$0.49 per share, respectively)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(67.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(66.0)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other comprehensive income</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at end of period</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,451.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,134.1 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Noncontrolling Interest</span></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> </span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at beginning of period</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Earnings attributable to noncontrolling interest</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other noncontrolling interest</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at end of period</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Equity</span></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> </span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at end of period</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,475.7 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,158.5 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 1.00 480000000 1 5000000 0 0 0 0 <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our common stock purchases (all of which were open market purchases) and subsequent retirements for the year-to-date periods ended are as follows: </span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions, except average price</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Number of shares purchased and retired</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total purchase price </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">149.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">438.4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">38.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Average price per share</span></div></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">296.47 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">283.82 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">224.36 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td></tr></table></div><div><span style="color:#ff0090;font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:108%"> </span></div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span>The amount paid to purchase shares in excess of the par value and related excise taxes are recorded in retained earnings. 500000 1500000 200000 149500000 438400000 38100000 296.47 283.82 224.36 4768487 <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Changes in total equity are summarized below:</span></div><div style="margin-bottom:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:74.048%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions, except per share data</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Shareholders' Equity</span></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> </span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> </span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at beginning of period</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,525.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,118.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net earnings attributable to Vulcan</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">165.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">128.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share-based compensation plans, net of shares withheld for taxes</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(37.9)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(24.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Purchase and retirement of common stock</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(150.4)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(38.1)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Share-based compensation expense</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash dividends on common stock</span></div><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">($0.52/$0.49 per share, respectively)</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(67.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(66.0)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other comprehensive income</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at end of period</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,451.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,134.1 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Noncontrolling Interest</span></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> </span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at beginning of period</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Earnings attributable to noncontrolling interest</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other noncontrolling interest</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.1 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at end of period</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">24.4 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Equity</span></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%"> </span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Balance at end of period</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,475.7 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8,158.5 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> 8525100000 8118600000 165500000 128900000 -37900000 -24600000 150400000 38100000 15500000 13900000 0.52 0.49 67900000 66000000.0 1400000 1400000 8451300000 8134100000 23800000 23900000 500000 500000 100000 0.0 24400000 24400000 8475700000 8158500000 SEGMENT REPORTING<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Our operating segments are based on our internal management reporting structure. Our chief operating decision maker, the Chief Executive Officer, evaluates our operating results through reportable segment gross profit. This financial metric is used to review operating trends, perform analytical comparisons between periods and monitor budget-to-actual variances on a monthly basis in order to assess performance and allocate resources.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">We have three operating (and reportable) segments organized around our principal product lines: Aggregates, Asphalt and Concrete. The vast majority of our activities are domestic. We sell a relatively small amount of construction aggregates outside the United States. Our Asphalt and Concrete segments are primarily supplied with their aggregates requirements from our Aggregates segment. These intersegment sales are made at local market prices for the particular grade and quality of product used in the production of asphalt mix and ready-mixed concrete and are excluded from total revenues.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Segment Financial Disclosure</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:74.048%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Revenues</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,450.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,335.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">2</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Segment sales</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,853.8 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,721.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates intersegment sales</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(97.9)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,755.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,634.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cost of Revenues</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(952.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(891.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(203.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(203.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(177.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(173.8)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,333.2)</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,269.3)</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross Profit</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">400.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">357.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">422.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">365.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Reconciliation to Pretax Earnings</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Selling, administrative and general expenses</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(135.7)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(138.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating expense, net</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other nonoperating income (expense), net</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(53.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(59.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Earnings from continuing operations before income taxes</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">212.9 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">164.1 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Includes product sales (crushed stone, sand and gravel, sand and other aggregates), freight &amp; delivery costs that we pass along to our customers, and service revenues (see </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_43" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Note 4</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">) related to our aggregates business. </span></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Includes product sales as well as service revenues (see </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_43" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Note 4</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_43" style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">)</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> from our asphalt construction paving business.</span></div><div style="margin-top:3pt;text-indent:-0.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:71.965%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Depreciation, Depletion, Accretion and Amortization </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">150.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170.3 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186.4 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Capital Expenditures </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">2</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Corporate</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">90.4 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105.3 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Identifiable Assets </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,415.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,351.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">733.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">815.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,037.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,043.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total identifiable assets</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,186.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,210.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General corporate assets</span></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">342.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">309.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash and cash equivalents and restricted cash</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">143.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,672.9 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,712.1 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Depreciation, Depletion, Accretion &amp; Amortization (DDA&amp;A) for each segment is included in cost of revenues.</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Capital expenditures include changes in accruals for purchases of property, plant &amp; equipment. Capital expenditures exclude property, plant &amp; equipment obtained by business acquisitions.</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Certain temporarily idled assets are included within a segment's Identifiable Assets, but the associated DDA&amp;A is shown within Other in the DDA&amp;A section above as the related DDA&amp;A is excluded from segment gross profit.</span></div> 3 3 <div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Segment Financial Disclosure</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:74.048%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.844%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total Revenues</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,450.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,335.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt </span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">2</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">215.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">208.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">187.5 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">177.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Segment sales</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,853.8 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,721.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates intersegment sales</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(97.9)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(87.0)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,755.9 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,634.6 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cost of Revenues</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(952.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(891.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(203.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(203.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(177.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(173.8)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,333.2)</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1,269.3)</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Gross Profit</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">400.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">357.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">10.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">422.7 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">365.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Reconciliation to Pretax Earnings</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Selling, administrative and general expenses</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(135.7)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(138.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other operating expense, net</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other nonoperating income (expense), net</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2.6)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest expense, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(53.9)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(59.7)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Earnings from continuing operations before income taxes</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">212.9 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">164.1 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Includes product sales (crushed stone, sand and gravel, sand and other aggregates), freight &amp; delivery costs that we pass along to our customers, and service revenues (see </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_43" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Note 4</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">) related to our aggregates business. </span></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Includes product sales as well as service revenues (see </span><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_43" style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Note 4</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i19225f1d960e42419c06aae052a36d04_43" style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">)</a></span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> from our asphalt construction paving business.</span></div><div style="margin-top:3pt;text-indent:-0.01pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:71.965%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Depreciation, Depletion, Accretion and Amortization </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">145.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">150.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">11.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">12.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">170.3 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">186.4 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Capital Expenditures </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">2</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.8 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Corporate</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">9.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">90.4 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">105.3 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Identifiable Assets </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">3</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Aggregates</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,415.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">14,351.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Asphalt </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">733.8 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">815.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Concrete</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,037.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,043.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total identifiable assets</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,186.3 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,210.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">General corporate assets</span></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">342.9 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">309.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Cash and cash equivalents and restricted cash</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">143.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">192.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,672.9 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,712.1 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Depreciation, Depletion, Accretion &amp; Amortization (DDA&amp;A) for each segment is included in cost of revenues.</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Capital expenditures include changes in accruals for purchases of property, plant &amp; equipment. Capital expenditures exclude property, plant &amp; equipment obtained by business acquisitions.</span></div><div style="margin-bottom:3pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Certain temporarily idled assets are included within a segment's Identifiable Assets, but the associated DDA&amp;A is shown within Other in the DDA&amp;A section above as the related DDA&amp;A is excluded from segment gross profit.</span></div> 1450500000 1335900000 215800000 208700000 187500000 177000000.0 1853800000 1721600000 -97900000 -87000000.0 1755900000 1634600000 952300000 891600000 203600000 203900000 177300000 173800000 1333200000 1269300000 400300000 357300000 12200000 4800000 10200000 3200000 422700000 365300000 135700000 138300000 -21600000 -600000 1400000 -2600000 53900000 59700000 212900000 164100000 145900000 150400000 11200000 12000000.0 4000000.0 15400000 9200000 8600000 170300000 186400000 73400000 91200000 6000000.0 5100000 1900000 6800000 9100000 2200000 90400000 105300000 14415200000 14351900000 733800000 815000000.0 1037300000 1043300000 16186300000 16210200000 342900000 309000000.0 143700000 192900000 16672900000 16712100000 SUPPLEMENTAL CASH FLOW INFORMATION<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Supplemental information referable to our Condensed Consolidated Statements of Cash Flows is summarized below:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:71.965%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash Payments </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest (exclusive of amount capitalized)</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income taxes</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Noncash Investing and Financing Activities</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accruals for purchases of property, plant &amp; equipment</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recognition of new and revised lease obligations:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating lease right-of-use assets</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance lease right-of-use assets</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Consideration payable to seller in business acquisitions</span></td><td colspan="2" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.7 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Excludes changes in accruals.</span></div> <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Supplemental information referable to our Condensed Consolidated Statements of Cash Flows is summarized below:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:71.965%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="9" style="background-color:#253976;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Three Months Ended<br/>March 31</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="background-color:#253976;border-top:1pt solid #ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Cash Payments </span><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">1</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Interest (exclusive of amount capitalized)</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">13.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Income taxes</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.6 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Noncash Investing and Financing Activities</span></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Accruals for purchases of property, plant &amp; equipment</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">33.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Recognition of new and revised lease obligations:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating lease right-of-use assets</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">17.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">54.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.66pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance lease right-of-use assets</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Consideration payable to seller in business acquisitions</span></td><td colspan="2" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.7 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:12pt;margin-top:3pt;padding-left:22.5pt;text-indent:-18pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</span><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.34pt">Excludes changes in accruals.</span></div> 13400000 27900000 2600000 1700000 37700000 33200000 17400000 54000000.0 1900000 2700000 0.0 6700000 GOODWILL<div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Goodwill is recognized when the consideration paid for a business exceeds the fair value of the tangible and identifiable intangible assets acquired. Goodwill is allocated to reporting units for purposes of testing goodwill for impairment. We test goodwill for impairment on an annual basis or more frequently if events or circumstances change in a manner that would more likely than not reduce the fair value of a reporting unit below its carrying value. </span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">There were no charges for goodwill impairment in the three-month periods ended March 31, 2026 or 2025. Accumulated goodwill impairment losses amount to $390.2 million ($252.7 million in our former Cement segment and $137.5 million in our Concrete segment).</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Changes in the carrying amount of goodwill by reportable segment from December 31, 2025 to March 31, 2026 are shown below:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:41.905%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.847%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Aggregates</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Asphalt</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Concrete</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill at December 31, 2025</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,666.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,780.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill of acquired businesses</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill of divested businesses</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill at March 31, 2026 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,666.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.3 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,780.9 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div> 0 390200000 252700000 137500000 <div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">Changes in the carrying amount of goodwill by reportable segment from December 31, 2025 to March 31, 2026 are shown below:</span></div><div style="margin-top:4pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:41.905%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.847%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Aggregates</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Asphalt</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Concrete</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Total </span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill at December 31, 2025</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,666.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91.6 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.3 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,780.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill of acquired businesses</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill of divested businesses</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Goodwill at March 31, 2026 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,666.0 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">91.6 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">23.3 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,780.9 </span></td><td style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div> 3666000000 91600000 23300000 3780900000 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3666000000 91600000 23300000 3780900000 ACQUISITIONS AND DIVESTITURES<div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Business Acquisitions</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">2026 BUSINESS ACQUISITIONS — Through the three months ended March 31, 2026, we completed no business acquisitions.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">2025 BUSINESS ACQUISITIONS — During 2025, we completed no business acquisitions.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Divestitures and Pending Divestitures</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In the first quarter of 2025, we sold non-strategic aggregates locations in rural West Texas with limited reserves resulting in an immaterial gain.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">During the fourth quarter of 2025, we entered into an agreement for the disposition of our ready-mixed concrete businesses in California. Subject to obtaining regulatory approvals and the satisfaction of other customary closing conditions, we expect to close this transaction in the first half of 2026. The probable divestiture of these assets and liabilities was presented as held for sale in the accompanying Condensed Balance Sheet at March 31, 2026 and December 31, 2025. The fair value less cost to sell exceeded the carrying value of the assets and liabilities held for sale. The carrying value of the major classes of assets and liabilities classified as held for sale as of March 31, 2026 and December 31, 2025 are as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Held for Sale</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Inventory</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Land and land improvements, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">138.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Buildings, machinery and equipment, net</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">150.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">150.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.3 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases, net</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortizable intangible assets, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">379.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">379.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other assets, net</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total assets held for sale</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">698.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">708.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current operating lease liabilities</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4.4)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4.6)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current finance lease liabilities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.8)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Noncurrent operating lease liabilities</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21.2)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:108%">Noncurrent finance lease liabilities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.3)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total liabilities held for sale</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(27.5)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29.3)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div> 0 0 The carrying value of the major classes of assets and liabilities classified as held for sale as of March 31, 2026 and December 31, 2025 are as follows:<div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:55.894%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.841%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.846%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.845%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:7pt;font-style:italic;font-weight:700;line-height:120%">in millions</span></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2026</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">December 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">March 31<br/>2025</span></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td><td colspan="3" style="background-color:#253976;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#ffffff;font-family:'Avenir LT Pro 65 Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Held for Sale</span></div></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Inventory</span></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Land and land improvements, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">129.2 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">138.1 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Buildings, machinery and equipment, net</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">150.4 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">150.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Operating leases, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">26.3 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">27.5 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Finance leases, net</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6.2 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Amortizable intangible assets, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">379.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">379.7 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><div><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Other assets, net</span></div></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.7 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.9 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total assets held for sale</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">698.2 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">708.5 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current operating lease liabilities</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4.4)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(4.6)</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Current finance lease liabilities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(1.8)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Noncurrent operating lease liabilities</span></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21.2)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(22.3)</span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td><td colspan="2" style="background-color:#e8eaef;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:108%">Noncurrent finance lease liabilities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.3)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(0.6)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Total liabilities held for sale</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(27.5)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(29.3)</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">0.0 </span></td><td style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#e8eaef;border-bottom:1pt solid #253976;border-top:1pt solid #6f92c8;padding:0 1pt"></td></tr></table></div> 5900000 5900000 0.0 129200000 138100000 0.0 150400000 150200000 0.0 26300000 27500000 0.0 6000000.0 6200000 0.0 379700000 379700000 0.0 700000 900000 0.0 698200000 708500000 0.0 4400000 4600000 0.0 1600000 1800000 0.0 21200000 22300000 0.0 300000 600000 0.0 27500000 29300000 0.0 NEW ACCOUNTING STANDARDS<div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Accounting Standards Recently Adopted</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">None.</span></div><div style="margin-bottom:3pt;margin-top:6pt"><span style="color:#253976;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Accounting Standards Pending Adoption</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In November 2024, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2024-03, "Disaggregation of Income Statement Expenses," which requires disaggregated disclosure of prescribed expense categories within relevant income statement captions. The new standard is effective for fiscal years beginning after December 15, 2026 and is to be applied prospectively. We are assessing the effect of this ASU on our consolidated financial statements and related disclosures.</span></div><div style="margin-bottom:6pt"><span style="color:#58585a;font-family:'Avenir LT Pro 55 Roman',sans-serif;font-size:8.5pt;font-weight:400;line-height:140%">In September 2025, the FASB issued ASU 2025-06, "Targeted Improvements to the Accounting for Internal-Use Software," which clarifies and modernizes the accounting for costs related to internal-use software. The standard removes software development project stages and requires companies to capitalize costs when both 1) management authorizes or commits to funding a software project and 2) it is probable that the project will be completed and the software will be used to perform the function intended. The new standard is effective for fiscal years beginning after December 15, 2027 and can be applied using either a prospective, modified or retrospective transition approach. We are assessing the effect of this ASU on our consolidated financial statements and related disclosures.</span></div> false false false false

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