v3.24.1.u1
REVENUES (Tables)
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenues by Geographic Market
Our segment total revenues by geographic market for the three month periods ended March 31, 2024 and 2023 are disaggregated as follows (the decrease in Gulf Coast market concrete revenues is primarily attributable to the sale of concrete operations in Texas in November 2023; see Note 16 for additional information):
Three Months Ended March 31, 2024
in millionsAggregatesAsphaltConcreteTotal
Total Revenues by Geographic Market 1
East$339.0 $22.7 $75.9 $437.6 
Gulf Coast756.3 42.5 2.1 800.9 
West196.0 121.0 70.3 387.3 
Segment sales$1,291.3 $186.2 $148.3 $1,625.8 
Intersegment sales(80.1)0.0 0.0 (80.1)
Total revenues$1,211.2 $186.2 $148.3 $1,545.7 
Three Months Ended March 31, 2023
in millionsAggregatesAsphaltConcreteTotal
Total Revenues by Geographic Market 1
East$343.2 $21.8 $87.8 $452.8 
Gulf Coast789.1 46.2 136.2 971.5 
West164.3 101.8 61.1 327.2 
Segment sales$1,296.6 $169.8 $285.1 $1,751.5 
Intersegment sales(102.5)0.0 0.0 (102.5)
Total revenues$1,194.1 $169.8 $285.1 $1,649.0 
1The 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)
Freight & Delivery Revenues
Freight & delivery revenues are as follows:
Three Months Ended
March 31
in millions20242023
Total revenues$1,545.7 $1,649.0 
Freight & delivery revenues 1
(221.8)(226.0)
Total revenues excluding freight & delivery$1,323.9 $1,423.0 
1Includes freight & delivery to remote distribution sites.
Reconciliation of Deferred Revenue Balances
Changes in our deferred revenue balances (current and noncurrent) are as follows:
Three Months Ended
March 31
in millions20242023
Deferred revenue balance at beginning of period$152.8 $161.8 
Revenue recognized from deferred revenue(1.7)(2.0)
Deferred revenue balance at end of period$151.1 $159.8