ACQUISITIONS

The following table summarizes the locations of our acquisitions for the nine months ended September 30, 2015:



Acquisition Locations		2015
United States		13
Brazil		2
Canada		1
Ireland		1
Mexico		2
Netherlands		1
Romania		4
Republic of Korea		6
Spain		3
Total		33

During the quarter ended March 31, 2015, we completed fifteen acquisitions. Domestically, we acquired 100% of the stock of one regulated waste business and selected assets of three regulated waste businesses. Internationally, in Brazil, we acquired 100% of the stock of two regulated waste businesses. In Ireland, we acquired 100% of the stock of one regulated waste business. In Mexico, we acquired 100% of the stock of two regulated waste businesses. In Romania, we acquired selected assets of two regulated waste businesses. In the Republic of Korea, we acquired selected assets of three regulated waste businesses. In Spain, we acquired selected assets of one regulated waste business.

During the quarter ended June 30, 2015, we completed eight acquisitions. Domestically, we acquired 100% of the stock of one regulated waste business, selected assets of four regulated waste businesses and one communication services business. Internationally, in Canada, we acquired 100% of the stock of one communication services business, and in the Netherlands, we acquired 100% of the stock of one regulated waste business.

During the quarter ended September 30, 2015, we completed ten acquisitions. Domestically we acquired 100% of the stock of one communication services business and selected assets of two regulated waste businesses. Internationally, in Romania, we acquired selected assets of one regulated waste business and 100% of the stock of one regulated waste business. In Spain, we acquired selected assets of two regulated waste businesses. In the Republic of Korea, we acquired selected assets of three regulated waste businesses.

The following table summarizes the aggregate purchase price paid for acquisitions and other adjustments of consideration to be paid for acquisitions during the nine months ended September 30:



In thousands
	Nine Months Ended September 30,
	2015		2014
Cash	$	97,098	$	328,811
Promissory notes	55,793		78,325
Deferred consideration	3,167		6,124
Contingent consideration	12,945		16,495
Total purchase price	$	169,003	$	429,755

For financial reporting purposes, our acquisitions were accounted for using the acquisition method of accounting. These acquisitions resulted in the recognition of goodwill in our financial statements reflecting the premium paid to acquire businesses that we believe are complementary to our existing operations and fit our growth strategy. During the nine months ended September 30, 2015, we recognized a net increase in goodwill of $85.4 million, excluding the effect of foreign currency translation (see Note 9 – Goodwill and Other Intangible Assets). A net increase of $56.6 million was assigned to our United States reportable segment, and a net increase of $28.8 million was assigned to our International reportable segment. Approximately $28 million of the goodwill recognized during the nine months ended September 30, 2015 will be deductible for income taxes.

During the nine months ended September 30, 2015, we recognized a net increase in intangible assets from acquisitions of $70.3 million, excluding the effect of foreign currency translation. The changes include $64.7 million in the estimated fair value of acquired customer relationships with amortizable lives of 15 to 40 years, $1.4 million in permits with indefinite lives, and $4.2 million in tradenames with indefinite lives.

The purchase prices for these acquisitions in excess of acquired tangible assets have been primarily allocated to goodwill and other intangibles and are preliminary, pending completion of certain intangible asset valuations and completion accounts. The following table summarizes the preliminary purchase price allocation for current period acquisitions and other adjustments to purchase price allocations during the nine months ended September 30:



In thousands
	Nine Months Ended September 30,
	2015			2014
Fixed assets	$	13,635		$	127,621
Intangibles	70,282			242,792
Goodwill	85,393			202,391
Accounts receivable	22,475			56,696
Accounts payable	(10,637		)	(32,561		)
Net other liabilities	(4,875		)	(67,564		)
Debt	(4,803		)	(22,097		)
Net deferred tax liabilities	(2,467		)	(70,580		)
Noncontrolling interests	—			(6,943		)
Total purchase price allocation	$	169,003		$	429,755

During the nine months ended September 30, 2015 and 2014, the Company incurred $40.0 million and $10.7 million, respectively, of acquisition related expenses. These expenses are included with "Selling, general and administrative expenses" on our Condensed Consolidated Statements of Income. The results of operations of these acquired businesses have been included in the Condensed Consolidated Statements of Income from the date of the acquisition.