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Acquisitions and Divestitures (Tables)
3 Months Ended
Mar. 31, 2014
Business Combinations [Abstract]  
Acquisition and divestiture activity
The Company's acquisition and divestiture activities are summarized below:
 
Three Months Ended
March 31,
 
2014
 
2013
 
(in millions)
Acquisitions:
 
 
 
Purchase price
$
117.6

 
$
53.8

Net cash paid
$
112.6

 
$
9.1

Goodwill recorded
$
82.1

 
$
2.5

 
 
 
 
Divestitures:
 
 
 
Proceeds
$

 
$
35.6

Gain recognized
$

 
$
12.4

Goodwill charged off
$

 
$
4.8

Condensed results of operations for the ready-mix concrete operations
Condensed results of operations for the ready-mix concrete operations for the three months ended March 31, 2014 and 2013 are as follows:
 
Three Months Ended
March 31,
 
2014
 
2013
 
(in millions)
Revenues
$

 
$
31.6

 
 
 
 
Loss from discontinued operations before income taxes
$
(0.5
)
 
$
(0.7
)
Income tax benefit
(0.2
)
 
(0.3
)
Net loss from discontinued operations
$
(0.3
)
 
$
(0.4
)