Business Combinations (Tables)

12 Months Ended

Dec. 31, 2019

Summary of the Estimated Fair Values of the Assets Acquired and the Liabilities Assumed

The following is a summary of the estimated fair values of the assets acquired and the liabilities assumed as of the acquisition date:

(in millions)
Assets:
Cash and cash equivalents	$	1.2
Receivables		25.5
Inventory		46.6
Other current assets		1.0
Property, plant and equipment		1,519.3
Intangible assets, other than goodwill		20.2
Goodwill		243.0
Total Assets		1,856.8
Liabilities:
Accounts payable and accrued expenses		17.9
Deferred income tax liabilities, net		212.5
Noncontrolling interest		9.0
Total Liabilities		239.4
Total Consideration	$	1,617.4

Business Acquisition, Pro Forma Information

The pro forma information does not purport to project the future financial position or operating results of the combined company. The pro forma financial information as presented below is for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of fiscal year 2017.

years ended December 31
(in millions, except for per share data)	2018		2017
Total revenues	$	4,299.7	$	4,178.6
Net earnings attributable to Martin Marietta	$	489.5	$	691.7
Diluted earnings per share	$	7.75	$	10.94