MARTIN MARIETTA MATERIALS INC
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
MLM$528.21-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets –at December 31, 2023 and 2022
| Martin Marietta Materials, Inc. and Consolidated SubsidiariesConsolidated Balance Sheets | ||
|---|---|---|
| December 31(in millions, except share and par value data) | 2023 | 2022 |
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $1,271.8 | $358.0 |
| Restricted cash | 10.5 | 0.8 |
| Restricted investments (to satisfy discharged debt and related interest) | — | 704.6 |
| Accounts receivable, net | 753.3 | 785.9 |
| Inventories, net | 988.6 | 873.7 |
| Current assets held for sale | 807.1 | 73.2 |
| Other current assets | 87.6 | 80.7 |
| Total Current Assets | 3,918.9 | 2,876.9 |
| Property, plant and equipment, net | 6,185.9 | 6,316.7 |
| Goodwill | 3,389.5 | 3,649.5 |
| Other intangibles, net | 697.7 | 847.8 |
| Operating lease right-of-use assets, net | 371.6 | 383.5 |
| Noncurrent assets held for sale | — | 372.5 |
| Other noncurrent assets | 561.3 | 546.7 |
| Total Assets | $15,124.9 | $14,993.6 |
| Liabilities and Equity | ||
| Current Liabilities: | ||
| Accounts payable | $343.3 | $385.0 |
| Accrued salaries, benefits and payroll taxes | 102.3 | 71.6 |
| Accrued other taxes | 53.3 | 55.4 |
| Accrued interest | 40.5 | 42.8 |
| Current maturities of long-term debt, including discharged debt | 399.6 | 699.1 |
| Current operating lease liabilities | 53.3 | 52.1 |
| Current liabilities held for sale | 18.2 | 4.5 |
| Other current liabilities | 159.7 | 135.1 |
| Total Current Liabilities | 1,170.2 | 1,445.6 |
| Long-term debt | 3,945.6 | 4,340.9 |
| Deferred income taxes, net | 874.6 | 914.3 |
| Noncurrent operating lease liabilities | 326.7 | 335.9 |
| Noncurrent liabilities held for sale | — | 21.8 |
| Noncurrent asset retirement obligations | 383.1 | 377.7 |
| Other noncurrent liabilities | 389.1 | 384.6 |
| Total Liabilities | 7,089.3 | 7,820.8 |
| Equity: | ||
| Common stock ($0.01 par value; 100,000,000 shares authorized; 61,821,421 shares and 62,102,353 shares outstanding at December 31, 2023 and 2022, respectively) | 0.6 | 0.6 |
| Preferred stock ($0.01 par value; 10,000,000 shares authorized; no shares outstanding) | — | — |
| Additional paid-in capital | 3,519.2 | 3,489.0 |
| Accumulated other comprehensive loss | (49.2) | (38.5) |
| Retained earnings | 4,562.6 | 3,719.4 |
| Total Shareholders’ Equity | 8,033.2 | 7,170.5 |
| Noncontrolling interests | 2.4 | 2.3 |
| Total Equity | 8,035.6 | 7,172.8 |
| Total Liabilities and Equity | $15,124.9 | $14,993.6 |
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