Page 152 - Martin Marietta - 2023 Proxy Statement

NOTES TO FINANCIAL STATEMENTS (Continued)

Note Q: Revenues and Gross Profit
The following tables, which are reconciled to consolidated amounts, provide total revenues and gross profit by line of business:
Building Materials (further divided by product line) and Magnesia Specialties. Interproduct revenues represent sales from the
aggregates product line to the ready mixed concrete and asphalt and paving product lines and sales from the cement product line
to the ready mixed concrete product line. Total revenues and gross profit (loss) reflect continuing operations only.

years ended December 31
(in millions)
Total revenues 2022 2021 2020
Building Materials business:
roducts and services:
ggregates $ 3,506.0 $ 3,058.5 $ 2,769.3
Cement 602.3 494.5 452.5
Ready mixed concrete 951.3 1,145.8 952.1
Asphalt and paving 775.4 514.2 331.7
Less: interproduct revenues (382.5) (403.0) (294.4)
Products and services 5,452.5 4,810.0 4,211.2
Freight 404.2 305.3 276.0
Total Building Materials business 5,856.7 5,115.3 4,487.2
Magnesia Specialties:
Products and services 278.0 274.7 220.9
Freight 26.0 24.0 21.8
Total Magnesia Specialties 304.0 298.7 242.7
Consolidated total revenues $ 6,160.7 $ 5,414.0 $ 4,729.9

Gross profit (loss)
Building Materials business:
roducts and services:
ggregates $ 980.3 $ 904.8 $ 848.5
Cement 204.4 157.0 170.9
Ready mixed concrete 69.6 95.6 79.6
Asphalt and paving 81.9 79.2 60.4
Products and services 1,336.2 1,236.6 1,159.4
Freight 2.0 3.3 0.4
Total Building Materials business 1,338.2 1,239.9 1,159.8
Magnesia Specialties:
Products and services 95.5 110.4 89.6
Freight (4.6) (3.9) (4.1)
Total Magnesia Specialties 90.9 106.5 85.5
Corporate (5.8) 2.0 7.5
Consolidated gross profit $ 1,423.3 $ 1,348.4 $ 1,252.8

Domestic and foreign total revenues are as follows:
years ended December 31
(in millions) 2022 2021 2020
Domestic $ 6,077.6 $ 5,338.5 $ 4,674.4
Foreign 83.1 75.5 55.5
Consolidated total revenues $ 6,160.7 $ 5,414.0 $ 4,729.9

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