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Business Acquisitions, Investments and Restructuring Charges (Tables) | 6 Months Ended
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Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract] |
Purchase price paid for business acquisition and allocation of purchase price | The aggregate purchase price paid for these business acquisitions and the allocations of the aggregate purchase price follows:
| 2022 |  | 2021 |  |  |  |  |  |  |
Purchase price: |  |  |  |  |  |  |  |  |  |
Cash used in acquisitions, net of cash acquired of $64.6 and $3.0, respectively | $ | 2,516.6 |  |  | $ | 561.7 |  |  |  |  |  |  |  |
Holdbacks | 10.1 |  |  | 5.5 |  |  |  |  |  |  |  |
Fair value, future minimum finance lease payments | 15.6 |  |  | 40.2 |  |  |  |  |  |  |  |
Total | $ | 2,542.3 |  |  | $ | 607.4 |  |  |  |  |  |  |  |
Allocated as follows: |  |  |  |  |  |  |  |  |  |
Restricted cash | $ | — |  |  | $ | 7.2 |  |  |  |  |  |  |  |
Accounts receivable | 250.5 |  |  | 16.7 |  |  |  |  |  |  |  |
Prepaid expenses | 15.5 |  |  | — |  |  |  |  |  |  |  |
Landfill development costs | 495.7 |  |  | 65.9 |  |  |  |  |  |  |  |
Property and equipment | 688.0 |  |  | 67.1 |  |  |  |  |  |  |  |
Operating right-of-use lease assets | 55.4 |  |  | 0.4 |  |  |  |  |  |  |  |
Interest rate swap | 29.1 |  |  | — |  |  |  |  |  |  |  |
Assets held for sale | — |  |  | 43.1 |  |  |  |  |  |  |  |
Other assets | 38.0 |  |  | 2.1 |  |  |  |  |  |  |  |
Inventory | 11.2 |  |  | 0.3 |  |  |  |  |  |  |  |
Accounts payable | (109.2) |  |  | (10.6) |  |  |  |  |  |  |  |
Deferred revenue | (25.6) |  |  | (3.0) |  |  |  |  |  |  |  |
Environmental remediation liabilities | (92.4) |  |  | (14.4) |  |  |  |  |  |  |  |
Closure and post-closure liabilities | (88.9) |  |  | (32.2) |  |  |  |  |  |  |  |
Operating right-of-use lease liabilities | (55.8) |  |  | (0.4) |  |  |  |  |  |  |  |
Deferred income tax liabilities | (151.0) |  |  | — |  |  |  |  |  |  |  |
Other liabilities | (49.5) |  |  | (11.3) |  |  |  |  |  |  |  |
Fair value of tangible assets acquired and liabilities assumed | 1,011.0 |  |  | 130.9 |  |  |  |  |  |  |  |
Excess purchase price to be allocated | $ | 1,531.3 |  |  | $ | 476.5 |  |  |  |  |  |  |  |
Excess purchase price allocated as follows: |  |  |  |  |  |  |  |  |  |
Other intangible assets | $ | 162.9 |  |  | $ | 37.8 |  |  |  |  |  |  |  |
Goodwill | 1,368.4 |  |  | 438.7 |  |  |  |  |  |  |  |
Total allocated | $ | 1,531.3 |  |  | $ | 476.5 |  |  |  |  |  |  |  |

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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