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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill by Reportable Segment
The goodwill balance was as follows:
($ in millions)June 30, 2020December 31, 2019
Goodwill, gross$245.3  $245.3  
Accumulated impairment(5.8) (5.8) 
Goodwill, net$239.5  $239.5  

Goodwill by reportable segment was as follows:
($ in millions)June 30, 2020December 31, 2019
Ready-mixed concrete$150.0  $150.0  
Aggregate products 86.2  86.2  
Other non-reportable segments3.3  3.3  
Goodwill, net$239.5  $239.5  
Schedule of Purchased Finite-Lived Intangible Assets
June 30, 2020
($ in millions)GrossAccumulated AmortizationNetWeighted Average Remaining Life
(In Years)
Definite-lived intangible assets
Customer relationships$108.5  $(67.4) $41.1  3.5
Trade names44.5  (14.5) 30.0  18.7
Non-competes18.3  (16.1) 2.2  2.2
Leasehold interests12.5  (7.6) 4.9  5.2
Environmental credits2.8  (0.3) 2.5  15.5
Total definite-lived intangible assets186.6  (105.9) 80.7  9.6
Indefinite-lived intangible assets
Land rights(1)
1.2  —  1.2  
Total purchased intangible assets$187.8  $(105.9) $81.9  
December 31, 2019
($ in millions)GrossAccumulated AmortizationNetWeighted Average Remaining Life
(In Years)
Definite-lived intangible assets
Customer relationships$108.5  $(59.7) $48.8  3.9
Trade names44.5  (13.6) 30.9  19.1
Non-competes18.3  (15.3) 3.0  2.4
Leasehold interests12.5  (6.7) 5.8  5.4
Favorable contracts4.0  (3.9) 0.1  0.9
Environmental credits2.8  (0.2) 2.6  16.0
Total definite-lived intangible assets190.6  (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.
Schedule of Purchased Indefinite-Lived Intangible Assets
June 30, 2020
($ in millions)GrossAccumulated AmortizationNetWeighted Average Remaining Life
(In Years)
Definite-lived intangible assets
Customer relationships$108.5  $(67.4) $41.1  3.5
Trade names44.5  (14.5) 30.0  18.7
Non-competes18.3  (16.1) 2.2  2.2
Leasehold interests12.5  (7.6) 4.9  5.2
Environmental credits2.8  (0.3) 2.5  15.5
Total definite-lived intangible assets186.6  (105.9) 80.7  9.6
Indefinite-lived intangible assets
Land rights(1)
1.2  —  1.2  
Total purchased intangible assets$187.8  $(105.9) $81.9  
December 31, 2019
($ in millions)GrossAccumulated AmortizationNetWeighted Average Remaining Life
(In Years)
Definite-lived intangible assets
Customer relationships$108.5  $(59.7) $48.8  3.9
Trade names44.5  (13.6) 30.9  19.1
Non-competes18.3  (15.3) 3.0  2.4
Leasehold interests12.5  (6.7) 5.8  5.4
Favorable contracts4.0  (3.9) 0.1  0.9
Environmental credits2.8  (0.2) 2.6  16.0
Total definite-lived intangible assets190.6  (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.
Schedule of Estimated Remaining Amortization of Definite-Lived Intangible Assets
As of June 30, 2020, the estimated remaining amortization of our definite-lived intangible assets was as follows (in millions):
2020 (remainder of the year)$10.4  
202118.6  
202212.7  
20236.3  
20246.0  
Thereafter26.7  
Total$80.7