2. BUSINESS ACQUISITIONS, DISPOSITION OF ASSETS AND ASSET IMPAIRMENTS

Acquisitions

We acquired various solid waste businesses during the six months ended June 30, 2011 and 2010. These acquisitions resulted in cash used of $28.0 million and $0.8 million, respectively. The purchase price paid for these acquisitions and the allocation of the purchase price as of June 30 are as follows (in millions):


	2011			2010
Purchase price:
Cash used in acquisitions, net of cash acquired	$	28.0		$	0.8
Fair value of operations surrendered		47.8			—
Holdbacks		1.0			0.5

Total		76.8			1.3

Allocated as follows:
Working capital		6.4			—
Property and equipment		41.6			0.9
Other liabilities, net		(6.5	)		(0.2	)

Net book value of assets acquired and liabilities assumed		41.5			0.7

Excess purchase price to be allocated	$	35.3		$	0.6


Excess purchase price to be allocated as follows:
Other intangible assets		24.5			0.6
Goodwill		10.8			—

Total allocated	$	35.3		$	0.6

Substantially all of the goodwill and intangible assets recorded for these acquisitions are deductible for tax purposes.

Disposition of Assets and Asset Impairments

We disposed of various solid waste assets during the three and six months ended June 30, 2011. These divestitures resulted in cash proceeds of $5.5 million and $10.4 million, respectively. The components of the loss on disposition of assets and impairments, net during the three and six months ended June 30, 2011 are as follows (in millions):


	Three Months Ended			Six Months Ended
	June 30, 2011			June 30, 2011
Gain on the disposition of businesses	$	(17.1	)	$	(17.1	)
Southern Region landfill asset impairment		28.5			28.5
Western Region asset impairment		7.2			7.2
All other, net		0.8			0.4

Loss on disposition of assets and impairments, net	$	19.4		$	19.0

We disposed of businesses in three markets in our Southern Region during the three months ended June 30, 2011, resulting in a gain of $17.1 million. In connection with the disposition of these businesses, we closed a landfill site resulting in an asset impairment charge of $28.5 million for the remaining landfill assets and the acceleration of capping, closure and post-closure costs.