Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2012

Acquisition and divestiture activity for 2012, 2011 and 2010 is summarized below:



	Year Ended December 31,
	2012		2011		2010
	(in millions)
Acquisitions:
Total cost	$	48.8	$	56.4	$	70.5
Net cash paid	$	46.2	$	42.5	$	49.9
Goodwill recorded	$	20.9	$	29.3	$	33.3

Divestitures:
Proceeds	$	2.1	$	8.3	$	30.8
Gain recognized	$	1.5	$	0.7	$	3.8
Goodwill charged off	$	0.1	$	1.0	$	16.5

Assets and liabilities classified as held for sale and discontinued operations and consolidated results of operations for the Ready-Mix Concrete operations

Further, assets and liabilities related to the discontinued operations have been classified as Assets/Liabilities Held for Sale and Discontinued Operations in the accompanying consolidated balance sheets as follows:



	December 31, 2012		December 31, 2011
	(in millions)
Assets of Ready-Mix Concrete Operations:
Inventories	$	4.5	$	5.3
Property, plant, and equipment, net	16.9		20.4
Goodwill	6.3		6.4
Other	0.2		0.4
	$	27.9	$	32.5
Liabilities of Ready-Mix Concrete Operations:
Debt	$	3.7	$	2.7
	$	3.7	$	2.7

Condensed results of operations for the Ready-Mix Concrete Operations for the years ended December 31, 2012, 2011, and 2010 are as follows:



	Year Ended December 31,
	2012		2011			2010
Revenues	$	121.4	$	136.8		$	224.8

Income (loss) from discontinued operations before income taxes	$	2.9	$	(1.5	)	$	9.6
Provision (benefit) for income taxes	1.1		(0.4		)	3.6
Net income (loss) from discontinued operations	$	1.8	$	(1.1	)	$	6.0

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141

-Paragraph 51

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph F4

-Subparagraph e

-Appendix F

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 68

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141

-Paragraph 52

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References+ Details