Business Combinations, Dispositions and Related Transactions (Tables)

12 Months Ended

Dec. 31, 2015

Recognition Based on Final Asset Allocation

Based on our analysis of the amounts of the transaction at December 31, 2013 we recognized the following:

	Amount
	(In millions)
Consideration:
Cash	$	5.3
Promissory note payable		19.1
Deferred payment, obligation ($11.1 million face value)		8.2
Total fair value of consideration		32.6
Fair value of our existing equity interest in BMI and LandWell		43.4
Bargain purchase gain recognized		28.0
Total	$	104.0
Allocation of purchase price to identifiable assets acquired and liabilities assumed:
Cash	$	27.4
Land held for development:
Current		14.3
Noncurrent		158.1
Other current assets		9.4
Property, plant and equipment		29.0
Intangible asset		5.1
Other noncurrent assets		3.4
Long-term debt		(14.3	)
Other liabilities		(66.9	)
Total net identifiable assets		165.5
Noncontrolling interest in BMI and LandWell		(61.5	)
Total	$	104.0

Waste Control Specialists

Schedule of Consolidated Balance Sheets

Significant items included in our Consolidated Balance Sheets related to WCS at December 31, 2014 and 2015 included:

	December 31,
	2014		2015
	(In millions)
ASSETS
Current assets	$	14.6	$	10.1
Operating permits		53.2		48.1
Restricted cash		11.0		16.2
Property and equipment, net		161.5		150.0
LIABILITIES
Current portion of long-term debt	$	4.5	$	4.9
Payable to Contran		26.1		26.1
Long-term debt		76.4		71.4
Accrued noncurrent closure and post closure costs		25.7		27.4