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ACQUISITIONS (Tables)
 12 Months Ended
Dec. 31, 2017
Summary of Location, Services and Type of Acquisitions

The following table summarizes the locations, services, and type of acquisitions:

 

2017 Acquisitions

 

 

 

 

Service

 

 

Type

 

Acquisition Locations

Total Number of Acquisitions

 

 

Regulated Waste

 

Secure Information Destruction

 

Communication Services

 

 

Acquisitions of Selected Assets and Liabilities

 

Acquisitions of Stock

 

United States

 

21

 

 

 

2

 

 

18

 

 

1

 

 

 

21

 

 

-

 

Canada

 

1

 

 

 

-

 

 

1

 

 

-

 

 

 

-

 

 

1

 

France

 

1

 

 

 

-

 

 

1

 

 

-

 

 

 

1

 

 

-

 

Netherlands

 

2

 

 

 

1

 

 

1

 

 

-

 

 

 

2

 

 

-

 

Portugal

 

1

 

 

 

1

 

 

-

 

 

-

 

 

 

-

 

 

1

 

Republic of Korea

 

2

 

 

 

2

 

 

-

 

 

-

 

 

 

2

 

 

-

 

Spain

 

2

 

 

 

1

 

 

1

 

 

-

 

 

 

1

 

 

1

 

Total

 

30

 

 

 

7

 

 

22

 

 

1

 

 

 

27

 

 

3

 

2016 Acquisitions

 

 

 

 

Service

 

 

Type

 

Acquisition Locations

Total Number of Acquisitions

 

 

Regulated Waste

 

Secure Information Destruction

 

Communication Services

 

 

Acquisitions of Selected Assets and Liabilities

 

Acquisitions of Stock

 

United States

 

21

 

 

 

5

 

 

15

 

 

1

 

 

 

19

 

 

2

 

Australia

 

3

 

 

 

-

 

 

3

 

 

-

 

 

 

3

 

 

-

 

Republic of Korea

 

1

 

 

 

1

 

 

-

 

 

-

 

 

 

1

 

 

-

 

Romania

 

2

 

 

 

2

 

 

-

 

 

-

 

 

 

2

 

 

-

 

Spain

 

3

 

 

 

2

 

 

1

 

 

-

 

 

 

2

 

 

1

 

United Kingdom

 

1

 

 

 

1

 

 

-

 

 

-

 

 

 

1

 

 

-

 

Total

 

31

 

 

 

11

 

 

19

 

 

1

 

 

 

28

 

 

3

 

 

2015 Acquisitions

 

 

 

 

Service

 

 

 

 

Type

 

Acquisition Locations

Total Number of Acquisitions

 

 

Regulated Waste

 

Secure Information Destruction

 

Communication Services

 

 

 

 

Acquisitions of Selected Assets and Liabilities

 

Acquisitions of Stock

 

United States

 

19

 

 

 

13

 

 

4

 

 

2

 

 

 

 

 

16

 

 

3

 

Brazil

 

2

 

 

 

2

 

 

-

 

 

-

 

 

 

 

 

-

 

 

2

 

Canada

 

2

 

 

 

-

 

 

1

 

 

1

 

 

 

 

 

-

 

 

2

 

Ireland

 

1

 

 

 

1

 

 

-

 

 

-

 

 

 

 

 

-

 

 

1

 

Mexico

 

3

 

 

 

3

 

 

-

 

 

-

 

 

 

 

 

1

 

 

2

 

Netherlands

 

2

 

 

 

2

 

 

-

 

 

-

 

 

 

 

 

1

 

 

1

 

Republic of Korea

 

6

 

 

 

6

 

 

-

 

 

-

 

 

 

 

 

6

 

 

-

 

Romania

 

4

 

 

 

4

 

 

-

 

 

-

 

 

 

 

 

3

 

 

1

 

Spain

 

4

 

 

 

4

 

 

-

 

 

-

 

 

 

 

 

4

 

 

-

 

Total

 

43

 

 

 

35

 

 

5

 

 

3

 

 

 

 

 

31

 

 

12

 

 
Summary of Fair Value of Consideration Transferred for Current Period and Prior Year Acquisitions

The following table summarizes the acquisition date fair value of consideration transferred for acquisitions completed during the years ended December 31, 2017, 2016, and 2015, respectively:

 

In millions

 

 

2017

 

 

2016

 

 

2015

 

Cash

$

52.9

 

 

$

55.4

 

 

$

2,420.7

 

Promissory notes

 

25.3

 

 

 

40.9

 

 

 

64.1

 

Deferred consideration

 

1.1

 

 

 

4.1

 

 

 

3.2

 

Contingent consideration

 

0.1

 

 

 

1.0

 

 

 

10.1

 

Total purchase price

$

79.4

 

 

$

101.4

 

 

$

2,498.1

 

 
Purchase Price Allocation

The following table summarizes the preliminary purchase price allocation for current period acquisitions and other adjustments to purchase price allocations for the years ended December 31, 2017, 2016, and 2015:

 

In millions

 

 

2017

 

 

2016

 

 

2015

 

Fixed assets

$

3.9

 

 

$

13.1

 

 

$

196.2

 

Intangibles

 

28.2

 

 

 

35.5

 

 

 

1,016.8

 

Goodwill

 

46.5

 

 

 

52.8

 

 

 

1,450.9

 

Net other assets and liabilities

 

1.1

 

 

 

2.2

 

 

 

59.5

 

Net deferred tax liabilities

 

(0.3

)

 

 

(2.2

)

 

 

(225.3

)

Total purchase price allocation

$

79.4

 

 

$

101.4

 

 

$

2,498.1

 

 
Acquisitions Year 2016  
Summary of Fair Value of Consideration Transferred for Current Period and Prior Year Acquisitions

.  The following table summarizes the adjustments to the consideration transferred for prior year acquisitions during 2017:

 

In millions

 

 

Adjustments to Prior Year Acquisitions

 

Cash

$

(0.4

)

Promissory notes

 

(0.4

)

Contingent consideration

 

(9.6

)

Total purchase price

$

(10.4

)

 
Purchase Price Allocation

The following table summarizes various adjustments to our prior year acquisitions during 2017:

 

In millions

 

 

Adjustments to Prior Year Acquisitions

 

Fixed assets

$

(6.0

)

Intangibles

 

7.9

 

Goodwill

 

(7.4

)

Net other assets and liabilities

 

(1.5

)

Net deferred tax liabilities

 

(3.4

)

Total purchase price allocation

$

(10.4

)