Table B

Vulcan Materials Company

and Subsidiary Companies

(in millions)

Consolidated Balance Sheets

March 31

December 31

March 31

(Condensed and unaudited)

2026

2025

2025

Assets

Cash and cash equivalents

$140.2

$183.3

$181.3

Restricted cash

3.5

6.1

11.6

Accounts and notes receivable

Accounts and notes receivable, gross

975.7

898.2

941.9

Allowance for credit losses

(10.1)

(10.5)

(13.0)

Accounts and notes receivable, net

965.6

887.7

928.9

Inventories

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

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

Property, plant & equipment, cost

14,583.7

14,504.7

14,534.2

Allowances for depreciation, depletion & amortization

(6,483.4)

(6,356.1)

(6,152.9)

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

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

Equity

Common stock, $1 par value

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 shareholder's 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

VULCAN REPORTS FIRST QUARTER 2026 RESULTS