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GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill By Reportable Segment
The accumulated impairment was as follows:
 
 
December 31,
( in millions)
 
2019
 
2018
 
2017
Goodwill, gross
 
$
245.3

 
$
245.1

 
$
210.5

Accumulated impairment
 
(5.8
)
 
(5.8
)
 
(5.8
)
Goodwill, net
 
$
239.5

 
$
239.3

 
$
204.7

The changes in the goodwill by reportable segment were as follows:
($ in millions)
 
Ready-Mixed Concrete Segment
 
Aggregate Products Segment
 
Other Non-Reportable Segments
 
Total
Goodwill, net at December 31, 2017(1)
 
$
136.7

 
$
56.1

 
$
11.9

 
$
204.7

2018 acquisitions(1)
 
13.4

 
—

 
—

 
13.4

Measurement period adjustments for prior year business combinations(2)
 
(0.3
)
 
30.1

 
(8.6
)
 
21.2

Goodwill, net at December 31, 2018
 
149.8

 
86.2

 
3.3

 
239.3

Measurement period adjustments for prior year business combinations
 
0.2

(3) 
—

 
—

 
0.2

Goodwill, net at December 31, 2019
 
$
150.0

 
$
86.2

 
$
3.3

 
$
239.5

 

(1)
$1.3 million and $0.8 million of goodwill was assigned to the ready-mixed concrete reporting unit as of the date certain operations that are accounted for in other non-reportable segments were acquired in 2017 and 2018, respectively, because it was determined that the goodwill would benefit the ready-mixed concrete operating segment.
(2)
Adjustments for certain 2017 acquisitions recorded during 2018 included $21.0 million of additional long-term obligations, of which $18.6 million related to deferred taxes attributable to fair value adjustments of Polaris's fixed assets as of the acquisition date; $2.8 million of assumed liabilities; $0.4 million of lower working capital; $2.7 million of additional property, plant, and equipment; $0.3 million of additional definite-lived intangible assets; and other various changes. The measurement period adjustments for certain 2017 acquisitions also included an $8.6 million reclassification of goodwill between the aggregate products segment and other non-reportable segments.
(3)
The fair value of property, plant and equipment acquired in 2018 was determined to be $0.2 million lower than the original estimate.
Schedule of Major Classes of Intangible Assets Acquired
Our purchased intangible assets were as follows:
 
 
December 31, 2019
($ in millions)
 
Gross
 
Accumulated Amortization
 
Net
 
Weighted Average Remaining Life (in Years)
Definite-lived intangible assets
 
 
 
 
 
 
 
 
    Customer relationships
 
$
108.5

 
$
(59.7
)
 
$
48.8

 
3.9
    Trade names
 
44.5

 
(13.6
)
 
30.9

 
19.1
    Non-competes
 
18.3

 
(15.3
)
 
3.0

 
2.4
    Leasehold interests
 
12.5

 
(6.7
)
 
5.8

 
5.4
    Favorable contract
 
4.0

 
(3.9
)
 
0.1

 
0.9
    Environmental credits
 
2.8

 
(0.2
)
 
2.6

 
16.0
Total definite-lived intangible assets
 
190.6

 
(99.4
)
 
91.2

 
9.4
Indefinite-lived intangible assets
 
 
 
 
 
 
 
 
Land rights(1)
 
1.2

 
—

 
1.2

 
 
Total purchased intangible assets
 
$
191.8

 
$
(99.4
)
 
$
92.4

 
 


(1) Land rights will be reclassified to property, plant and equipment upon the division of certain shared properties and settlement of the associated deferred payment.
 
 
 
December 31, 2018
($ in millions)
 
Gross
 
Accumulated Amortization
 
Net
 
Weighted Average Remaining Life (in Years)
Definite-lived intangible assets
 
 
 
 
 
 
 
 
    Customer relationships
 
$
108.5

 
$
(43.1
)
 
$
65.4

 
4.7
    Trade names
 
44.5

 
(11.1
)
 
33.4

 
19.6
    Non-competes
 
18.3

 
(12.1
)
 
6.2

 
2.6
    Leasehold interests
 
12.5

 
(5.1
)
 
7.4

 
5.9
    Favorable contract
 
4.0

 
(3.8
)
 
0.2

 
1.9
    Environmental credits
 
2.8

 
—

 
2.8

 
17.0
Total definite-lived intangible assets
 
190.6

 
(75.2
)
 
115.4

 
9.8
Indefinite-lived intangible assets
 
 
 
 
 
 
 
 
Land rights(1)
 
1.2

 
—

 
1.2

 
 
Total purchased intangible assets
 
$
191.8

 
$
(75.2
)
 
$
116.6

 
 


(1) Land rights will be reclassified to property, plant and equipment upon the division of certain shared properties and settlement of the associated deferred payment.
Schedule of Estimated Remaining Amortization of Definite-Lived Intangible Assets
As of December 31, 2019, the estimated future aggregate amortization expense of definite-lived intangible assets from the 2018 acquisitions was as follows (in millions):
2020
$
3.6

2021
2.8

2022
2.6

2023
1.6

2024
1.4

Thereafter
0.4

     Total
$
12.4


As of December 31, 2019, the estimated remaining amortization of our definite-lived intangible assets was as follows (in millions):
2020
 
$
20.9

2021
 
18.6

2022
 
12.7

2023
 
6.3

2024
 
6.0

Thereafter
 
26.7

   Total
 
$
91.2