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Business Combinations, Dispositions and Related Transactions (Tables) | 12 Months Ended
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Dec. 31, 2015
Recognition Based on Final Asset Allocation | Based on our analysis of the amounts of the transaction at December 31, 2013 we recognized the following:
|  | Amount |
|  | (In millions) |
Consideration: |  |  |  |
Cash |  | $ | 5.3 |
Promissory note payable |  |  | 19.1 |
Deferred payment, obligation ($11.1 million face value) |  |  | 8.2 |
Total fair value of consideration |  |  | 32.6 |
Fair value of our existing equity interest in BMI and LandWell |  |  | 43.4 |
Bargain purchase gain recognized |  |  | 28.0 |
Total |  | $ | 104.0 |
Allocation of purchase price to identifiable assets acquired and liabilities assumed: |  |  |  |
Cash |  | $ | 27.4 |
Land held for development: |  |  |  |
Current |  |  | 14.3 |
Noncurrent |  |  | 158.1 |
Other current assets |  |  | 9.4 |
Property, plant and equipment |  |  | 29.0 |
Intangible asset |  |  | 5.1 |
Other noncurrent assets |  |  | 3.4 |
Long-term debt |  |  | (14.3 | )
Other liabilities |  |  | (66.9 | )
Total net identifiable assets |  |  | 165.5 |
Noncontrolling interest in BMI and LandWell |  |  | (61.5 | )
Total |  | $ | 104.0 |
Waste Control Specialists |
Schedule of Consolidated Balance Sheets | Significant items included in our Consolidated Balance Sheets related to WCS at December 31, 2014 and 2015 included:
|  | December 31, |
|  | 2014 |  |  | 2015 |
|  | (In millions) |
ASSETS |  |  |  |  |  |  |  |
Current assets |  | $ | 14.6 |  |  | $ | 10.1 |
Operating permits |  |  | 53.2 |  |  |  | 48.1 |
Restricted cash |  |  | 11.0 |  |  |  | 16.2 |
Property and equipment, net |  |  | 161.5 |  |  |  | 150.0 |
LIABILITIES |  |  |  |  |  |  |  |
Current portion of long-term debt |  | $ | 4.5 |  |  | $ | 4.9 |
Payable to Contran |  |  | 26.1 |  |  |  | 26.1 |
Long-term debt |  |  | 76.4 |  |  |  | 71.4 |
Accrued noncurrent closure and post closure costs |  |  | 25.7 |  |  |  | 27.4 |

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