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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Business Acquisition, Pro Forma Information These operating expenditures have been reflected within the results of operations in the Pro Forma Financial Information as if they were incurred on January 1, 2021.
 THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED
SEPTEMBER 30,
 2022202120222021
Total Revenues$1,286,945 $1,234,386 $3,842,499 $3,675,396 
Income from Continuing Operations$192,931 $70,491 $436,627 $341,096 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
A summary of the cumulative consideration paid and the preliminary allocation of the purchase price paid for all of our 2022 acquisitions through September 30, 2022 is as follows:
NINE MONTHS ENDED
SEPTEMBER 30, 2022
Cash Paid (gross of cash acquired)(1)
$756,003 
Deferred Purchase Obligation, Purchase Price Holdbacks and Other(2)
279,734 
Total Consideration1,035,737 
Fair Value of Identifiable Assets Acquired and Liabilities Assumed:
Cash31,571 
Accounts Receivable, Prepaid Expenses and Other Assets73,351 
Property, Plant and Equipment7,893 
Customer and Supplier Relationship Intangible Assets(3)
491,422 
Other Intangible Assets(3)
47,300 
Operating Lease Right-of-Use Assets32,680 
Accounts Payable, Accrued Expenses and Other Liabilities(60,683)
Operating Lease Liabilities(32,680)
Deferred Income Taxes(142,019)
Total Fair Value of Identifiable Net Assets Acquired448,835 
Goodwill Initially Recorded(4)
$586,902 
(1)Cash paid for acquisitions, net of cash acquired in our Condensed Consolidated Statement of Cash Flows includes contingent and other payments received of $219 for the nine months ended September 30, 2022 related to acquisitions made in the years prior to 2022.
(2)Deferred purchase obligation, purchase price holdbacks and other includes $275,100 related to the fair value estimate of the Deferred Purchase Obligation for the Remaining Interests and approximately $4,600 of deferred purchase obligation, purchase price holdbacks and other associated with our other business and asset acquisitions completed in 2022.
(3)The preliminary weighted average life of the intangible assets acquired in the ITRenew Transaction is approximately 11 years. Intangible assets are included as a component of Other assets, net in our Condensed Consolidated Balance Sheets.
(4)Goodwill is primarily attributable to the assembled workforce, expanded market opportunities and costs and other operating synergies anticipated upon the integration of the operations of us and the acquired businesses.