Business Combinations (Tables)

9 Months Ended

Jun. 29, 2018

Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following summarizes the estimated fair values of CH2M assets acquired and liabilities assumed as of the acquisition date (in millions):



Assets
Cash and cash equivalents	$	315.2
Receivables	1,156.0
Prepaid expenses and other	72.7
Property, equipment and improvements, net	175.1
Goodwill	2,967.1
Identifiable intangible assets:
Customer relationships, contracts and backlog	412.3
Lease intangible assets	4.4
Total identifiable intangible assets	416.7
Miscellaneous	353.2
Total Assets	$	5,456.0

Liabilities
Notes payable	$	2.2
Accounts payable	309.6
Accrued liabilities	719.3
Billings in excess of costs	265.8
Identifiable intangible liabilities:
Lease intangible liabilities	9.6
Long-term debt	705.9
Other deferred liabilities	381.6
Total Liabilities	2,394.0
Noncontrolling interests	(37.3		)
Net assets acquired	$	3,024.7

Schedule of Transaction Costs Associated with Acquisition

osts associated with the CH2M acquisition in the accompanying consolidated statements of earnings for the three and nine months ended June 29, 2018 are comprised of the following (in millions):



	Three Months Ended June 29, 2018		Nine Months Ended June 29, 2018

Personnel costs	$	4.3	$	50.2
Professional services and other expenses	1.1		27.9
Total	$	5.4	$	78.1

Personnel co

Summary of Unaudited Proforma Operating Results

presents summarized unaudited pro forma operating results of Jacobs assuming that the Company had acquired CH2M at October 1, 2016. These pro forma operating results are presented for illustrative purposes only and are not indicative of the operating results that would have been achieved had the related events occurred (in millions):



	Nine Months Ended
	June 29, 2018		June 30, 2017

Revenues	$	11,869.8	$	10,709.9
Net earnings	$	226.1	$	130.8
Net earnings (loss) attributable to Jacobs	$	222.1	$	112.7
Net earnings (loss) attributable to Jacobs per share:
Basic earnings (loss) per share	$	1.56	$	0.80
Diluted earnings (loss) per share	$	1.55	$	0.80

Included in