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Business Acquisitions, Investments and Restructuring Charges (Tables) | 9 Months Ended
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Sep. 30, 2023
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:
| 2023 |  | 2022 |  |  |  |  |  |  |
Purchase price: |  |  |  |  |  |  |  |  |  |
Cash used in acquisitions, net of cash acquired of $15.2 and $66.6, respectively | $ | 938.0 |  |  | $ | 2,583.2 |  |  |  |  |  |  |  |
Holdbacks | 9.4 |  |  | 12.6 |  |  |  |  |  |  |  |
Fair value, future minimum finance lease payments | 0.6 |  |  | 15.6 |  |  |  |  |  |  |  |
Total | $ | 948.0 |  |  | $ | 2,611.4 |  |  |  |  |  |  |  |
Allocated as follows: |  |  |  |  |  |  |  |  |  |
Accounts receivable | $ | 25.5 |  |  | $ | 249.2 |  |  |  |  |  |  |  |
Prepaid expenses | 0.9 |  |  | 15.6 |  |  |  |  |  |  |  |
Landfill development costs | 0.5 |  |  | 495.7 |  |  |  |  |  |  |  |
Property and equipment | 223.9 |  |  | 730.6 |  |  |  |  |  |  |  |
Operating right-of-use lease assets | 3.4 |  |  | 55.4 |  |  |  |  |  |  |  |
Interest rate swap | — |  |  | 29.1 |  |  |  |  |  |  |  |
Other assets | 0.1 |  |  | 42.3 |  |  |  |  |  |  |  |
Inventory | 2.1 |  |  | 11.6 |  |  |  |  |  |  |  |
Accounts payable | (5.6) |  |  | (108.9) |  |  |  |  |  |  |  |
Deferred revenue | (8.2) |  |  | (27.7) |  |  |  |  |  |  |  |
Environmental remediation liabilities | (5.6) |  |  | (92.9) |  |  |  |  |  |  |  |
Closure and post-closure liabilities | (10.5) |  |  | (89.3) |  |  |  |  |  |  |  |
Operating right-of-use lease liabilities | (3.4) |  |  | (55.8) |  |  |  |  |  |  |  |
Deferred income tax liabilities | (23.6) |  |  | (151.0) |  |  |  |  |  |  |  |
Other liabilities | (0.3) |  |  | (54.7) |  |  |  |  |  |  |  |
Fair value of tangible assets acquired and liabilities assumed | 199.2 |  |  | 1,049.2 |  |  |  |  |  |  |  |
Excess purchase price to be allocated | $ | 748.8 |  |  | $ | 1,562.2 |  |  |  |  |  |  |  |
Excess purchase price allocated as follows: |  |  |  |  |  |  |  |  |  |
Other intangible assets | $ | 136.0 |  |  | $ | 169.6 |  |  |  |  |  |  |  |
Goodwill | 612.8 |  |  | 1,392.6 |  |  |  |  |  |  |  |
Total allocated | $ | 748.8 |  |  | $ | 1,562.2 |  |  |  |  |  |  |  |

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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 -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
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