VULCAN MATERIALS COMPANY VMC Balance Sheet

Vulcan materials company (VMC)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Dec'08	Jun'08
Assets
Cash and cash equivalents
120	271	90	26	30	40	38	55	38	141	701	1,129	286	258	135	91	191	284	168	74	392	141	91	227	268	193	245	86	188	275	243	158	191	155	152	106	63	47	82	42	35	22	46	43	47	10	151
Restricted cash
0	2	0	0	0	4	5	6	8	5	0	0	0	9	0	0	0	1	0	0	0	0	-	62	63	-	-	0	0	-	-	-	-	0	0	0	0	0	0	3	3	0	0	0	0	-	-
Accounts and notes receivable
Customers, less allowance for doubtful accounts 2019 — $3,125; 2018 — $2,090
-	-	-	-	-	512	-	-	-	434	-	-	-	398	-	-	-	397	-	-	-	354	-	-	-	323	-	-	-	277	-	-	-	299	430	389	278	260	404	389	291	254	399	385	330	326	523
Other
-	-	-	-	-	28	-	-	-	154	-	-	-	93	-	-	-	20	-	-	-	18	-	-	-	16	-	-	-	19	-	-	-	15	-	-	-	56	-	-	-	13	-	-	-	30	-
Medium-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	3	4	4	6	6	11	36	0
Accounts and notes receivable, gross
601	573	727	700	563	-	648	640	492	-	582	573	471	-	536	537	449	-	558	495	375	-	485	439	353	-	450	410	328	-	403	397	325	-	437	397	285	-	414	398	300	-	408	394	339	-	530
Allowance for doubtful accounts
3	3	2	2	2	-	2	2	2	-	2	2	2	-	4	4	5	-	5	5	5	-	5	5	5	-	5	5	6	-	6	7	7	-	7	7	7	-	9	9	9	-	9	9	9	-	7
Accounts and notes receivable, net
597	570	724	697	560	-	645	638	489	-	579	570	468	-	531	532	443	-	552	490	369	-	479	434	348	-	445	404	322	-	397	390	318	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
Finished products
403	391	364	377	369	-	346	343	340	-	307	318	306	-	283	295	288	-	275	292	285	-	254	260	258	-	255	266	267	-	263	266	271	-	249	259	257	-	251	246	246	-	265	290	292	-	309
Raw materials
33	31	31	31	27	-	29	29	29	-	27	27	26	-	25	25	22	-	21	21	21	-	22	20	19	-	29	29	27	-	28	24	23	-	26	26	26	-	22	23	22	-	24	32	29	-	29
Products in process
5	5	6	6	4	-	2	1	1	-	1	1	1	-	2	2	1	-	1	1	1	-	1	1	0	-	6	5	6	-	6	3	5	-	3	4	4	-	5	3	4	-	5	5	4	-	3
Operating supplies and other
28	29	28	26	26	-	29	28	28	-	29	28	29	-	26	24	25	-	28	25	25	-	27	28	27	-	37	38	39	-	38	39	40	-	38	38	40	-	35	37	33	-	36	35	35	-	41
Inventories
470	458	429	441	429	429	408	403	399	384	365	374	363	345	338	347	337	347	326	341	333	321	306	309	305	344	328	340	340	335	336	334	341	327	317	329	329	319	316	311	307	325	331	363	361	364	383
Other current assets
88	76	78	89	62	64	78	80	75	60	100	109	38	31	71	50	34	34	56	75	58	28	34	27	28	22	31	27	24	21	26	24	24	21	27	22	25	20	34	33	43	42	33	58	60	54	19
Current deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39	39	39	39	41	40	39	40	39	39	38	40	45	43	43	43	48	45	57	54	64	57	55	56	67	69	70	71	62
Assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	0	0	0	10	10	12	12	15	0	0	0	0	26	-	13	13	14	14	14	15	0	0	0	0	-
Total current assets
1,276	1,379	1,324	1,255	1,083	1,079	1,175	1,183	1,011	1,180	1,746	2,184	1,157	1,137	1,076	1,023	1,007	1,084	1,143	1,022	1,194	920	954	1,101	1,053	951	1,100	911	927	984	1,049	951	918	863	1,003	893	766	773	921	856	755	732	885	927	882	893	1,139
Investments and long-term receivables
57	60	57	51	50	44	42	41	35	35	35	38	34	39	38	38	38	40	40	41	41	41	42	42	42	42	43	43	41	42	42	28	29	29	28	37	37	37	33	34	33	33	31	30	28	27	24
Property, plant & equipment
Property, plant & equipment, cost
8,907	8,749	8,657	8,613	8,559	-	8,386	8,241	8,116	-	7,539	7,531	7,432	-	7,105	7,052	6,984	-	6,803	6,752	6,671	-	6,608	6,396	6,340	-	6,792	6,735	6,675	-	6,690	6,697	6,698	-	6,665	6,739	6,729	-	6,664	6,632	6,627	-	6,678	6,672	6,649	-	6,047
Allowances for depreciation, depletion & amortization
4,506	4,433	4,370	4,322	4,284	-	4,197	4,134	4,090	-	4,002	3,992	3,980	-	3,876	3,834	3,786	-	3,683	3,637	3,587	-	3,539	3,494	3,446	-	3,578	3,519	3,507	-	3,477	3,419	3,349	-	3,222	3,197	3,136	-	2,987	2,915	2,834	-	2,713	2,644	2,560	-	2,325
Property, plant & equipment, net
4,401	4,316	4,287	4,290	4,275	4,237	4,188	4,106	4,025	3,918	3,537	3,538	3,451	3,261	3,228	3,217	3,197	3,156	3,119	3,115	3,084	3,071	3,068	2,901	2,893	3,312	3,214	3,215	3,168	3,159	3,212	3,278	3,349	3,418	3,443	3,542	3,592	3,632	3,677	3,717	3,793	3,874	3,965	4,028	4,089	4,155	3,721
Operating lease right-of-use assets, net
420	408	410	418	426	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
3,167	3,167	3,167	3,167	3,161	3,165	3,169	3,163	3,130	3,122	3,101	3,101	3,101	3,094	3,094	3,094	3,094	3,094	3,094	3,094	3,094	3,094	3,095	3,081	3,081	3,081	3,081	3,081	3,086	3,086	3,086	3,086	3,086	3,086	3,086	3,097	3,097	3,097	3,096	3,096	3,096	3,096	3,093	3,093	3,084	3,085	3,895
Other intangible assets, net
1,083	1,091	1,071	1,076	1,085	1,095	1,099	1,156	1,060	1,063	835	834	829	769	753	754	753	766	766	767	764	758	758	633	633	697	697	698	694	692	693	694	695	697	698	694	701	691	685	681	681	682	681	683	672	673	153
Other noncurrent assets
222	225	221	220	213	210	199	192	190	184	182	171	170	169	165	161	154	158	151	153	147	154	150	150	167	174	172	170	160	161	141	140	135	134	122	121	105	106	106	101	106	105	105	87	80	79	200
Total assets
10,629	10,648	10,539	10,480	10,296	9,832	9,875	9,844	9,453	9,504	9,439	9,869	8,744	8,471	8,358	8,290	8,247	8,301	8,316	8,195	8,326	8,041	8,069	7,910	7,872	8,259	8,310	8,120	8,078	8,126	8,225	8,180	8,216	8,229	8,383	8,387	8,300	8,339	8,521	8,486	8,466	8,524	8,763	8,850	8,838	8,916	9,134
Liabilities
Current maturities of long-term debt
0	0	0	0	0	0	0	0	0	41	4	525	0	0	0	0	0	0	0	14	365	150	0	0	0	0	0	0	140	150	285	285	144	134	5	5	5	5	325	425	325	385	60	60	311	311	330
Short-term debt
0	0	0	137	178	133	200	360	200	0	0	0	0	0	-	-	-	-	-	138	-	-	-	0	-	-	-	100	-	-	-	0	-	-	-	100	300	285	0	320	300	236	286	412	667	1,082	1,209
Trade payables and accruals
243	265	265	284	248	216	233	231	188	197	181	202	175	145	163	176	185	175	195	190	157	145	167	178	150	139	154	128	116	113	133	171	125	103	134	153	119	102	138	168	128	121	141	145	138	147	215
Accrued salaries, wages and management incentives
-	-	-	-	-	91	-	-	-	87	-	-	-	91	-	-	-	91	-	-	-	84	-	-	-	72	-	-	-	62	-	-	-	60	-	-	-	48	-	-	-	38	-	-	-	44	-
Accrued interest
-	-	-	-	-	19	-	-	-	11	-	-	-	9	-	-	-	9	-	-	-	8	-	-	-	10	-	-	-	11	-	-	-	12	-	-	-	11	-	-	-	9	-	-	-	14	-
Other current liabilities
232	270	270	241	232	141	256	219	195	105	227	197	184	125	197	156	170	76	216	163	180	63	196	171	190	75	204	163	212	97	213	159	211	95	239	178	209	129	207	160	154	65	187	130	154	62	178
Liabilities of assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	0	0	0	0	0	1	-	0	0	0	0	0	0	0	0	0	0	-
Total current liabilities
475	535	535	663	659	602	690	811	583	442	413	925	360	372	360	332	356	353	412	506	703	451	364	349	340	299	358	391	469	436	632	616	481	406	380	437	634	582	671	1,074	909	856	675	748	1,272	1,663	1,934
Long-term debt
2,785	2,784	2,783	2,781	2,780	2,779	2,778	2,776	2,775	2,813	2,809	2,809	2,329	1,982	1,983	1,982	1,981	1,980	1,979	1,893	1,888	1,834	1,984	1,983	2,006	2,522	2,523	2,524	2,525	2,526	2,527	2,528	2,669	2,680	2,816	2,785	2,427	2,427	2,432	2,001	2,101	2,116	2,506	2,521	2,536	2,153	2,183
Deferred income taxes, net
648	633	628	601	568	567	581	545	479	464	716	706	703	702	706	683	663	681	692	686	682	691	733	704	693	701	673	664	614	657	680	687	704	732	794	756	807	843	856	843	870	893	896	928	926	920	685
Deferred management incentive and other compensation
-	-	-	-	-	16	-	-	-	19	-	-	-	19	-	-	-	15	-	-	-	22	-	-	-	23	-	-	-	21	-	-	-	29	-	-	-	32	-	-	-	33	-	-	-	34	-
Pension benefits
-	-	-	-	-	119	-	-	-	245	-	-	-	247	-	-	-	233	-	-	-	252	-	-	-	146	-	-	-	303	-	-	-	225	-	-	-	127	-	-	-	212	-	-	-	198	-
Other postretirement benefits
-	-	-	-	-	35	-	-	-	37	-	-	-	39	-	-	-	42	-	-	-	76	-	-	-	83	-	-	-	103	-	-	-	124	-	-	-	124	-	-	-	109	-	-	-	105	-
Asset retirement obligations
-	-	-	-	-	225	-	-	-	218	-	-	-	223	-	-	-	226	-	-	-	226	-	-	-	228	-	-	-	150	-	-	-	153	-	-	-	162	-	-	-	167	-	-	-	173	-
Deferred revenue
178	179	180	182	184	186	186	188	190	191	193	195	196	198	201	203	205	207	209	211	212	213	216	217	218	219	225	73	73	73	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
399	388	391	396	403	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other noncurrent liabilities
551	506	478	483	483	96	493	500	510	102	621	631	633	111	601	607	618	106	659	670	678	94	569	569	581	96	666	652	680	93	618	604	615	84	524	535	534	83	537	538	537	97	599	617	619	113	415
Total liabilities
5,039	5,026	4,997	5,109	5,079	4,629	4,729	4,824	4,540	4,535	4,754	5,267	4,223	3,898	3,854	3,810	3,825	3,847	3,953	3,968	4,166	3,864	3,868	3,824	3,841	4,321	4,447	4,306	4,363	4,365	4,458	4,437	4,470	4,437	4,516	4,515	4,404	4,383	4,497	4,457	4,418	4,487	4,677	4,816	5,353	5,362	5,218
Other commitments and contingencies (Note 8)
-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Equity
Common stock, $1 par value, Authorized 480,000 shares, Outstanding 132,433, 132,371 and 132,069 shares, respectively
132	132	132	132	132	131	132	132	132	132	132	132	132	132	132	133	133	133	133	132	132	131	131	130	130	130	129	129	129	129	129	129	129	129	129	129	129	128	128	128	127	125	125	124	110	110	109
Preferred stock, no par value, Authorized 5,000 shares, Outstanding none
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital in excess of par value
2,782	2,791	2,785	2,787	2,789	2,798	2,795	2,788	2,787	2,805	2,803	2,797	2,792	2,807	2,805	2,804	2,801	2,822	2,812	2,791	2,765	2,734	2,719	2,665	2,651	2,611	2,598	2,592	2,585	2,580	2,567	2,560	2,547	2,544	2,538	2,534	2,524	2,500	2,487	2,477	2,444	2,368	2,342	2,316	1,750	1,734	1,702
Retained earnings
2,885	2,895	2,795	2,623	2,467	2,444	2,361	2,244	2,138	2,180	1,886	1,810	1,734	1,771	1,685	1,661	1,605	1,618	1,564	1,453	1,418	1,471	1,441	1,382	1,343	1,295	1,288	1,247	1,220	1,276	1,274	1,261	1,281	1,334	1,363	1,376	1,416	1,503	1,591	1,610	1,666	1,737	1,797	1,774	1,806	1,893	2,129
Accumulated other comprehensive loss
-209	-197	-171	-171	-171	-172	-143	-144	-145	-149	-136	-137	-138	-139	-119	-119	-119	-120	-146	-151	-156	-161	-91	-93	-94	-99	-153	-156	-221	-225	-204	-208	-212	-216	-164	-167	-173	-177	-183	-187	-191	-194	-179	-181	-183	-185	-26
Total equity
5,590	5,621	5,542	5,371	5,217	5,202	5,145	5,020	4,913	4,968	4,685	4,602	4,520	4,572	4,503	4,479	4,421	4,454	4,363	4,226	4,160	4,176	4,201	4,086	4,031	3,938	3,862	3,813	3,714	3,761	3,767	3,742	3,745	3,791	3,866	3,872	3,896	3,955	4,024	4,029	4,048	4,037	4,085	4,034	3,484	3,553	3,915
Total liabilities and equity
10,629	10,648	10,539	10,480	10,296	9,832	9,875	9,844	9,453	9,504	9,439	9,869	8,744	8,471	8,358	8,290	8,247	8,301	8,316	8,195	8,326	8,041	8,069	7,910	7,872	8,259	8,310	8,120	8,078	8,126	8,225	8,180	8,216	8,229	8,383	8,387	8,300	8,339	8,521	8,486	8,466	8,524	8,763	8,850	8,838	8,916	9,134