Using a set of 15 high-resolution magnetohydrodynamic cosmological simulations of Milky Way formation, we investigate the origin of the baryonic material found in stars at redshift zero. We find that roughly half of this material originates from subhalo/satellite systems and half is smoothly accreted from the Inter-Galactic Medium (IGM). About $90 %$ of all material has been ejected and re-accreted in galactic winds at least once. The vast majority of smoothly accreted gas enters into a galactic fountain that extends to a median galactocentric distance of $sim 20$ kpc with a median recycling timescale of $sim 500$ Myr. We demonstrate that, in most cases, galactic fountains acquire angular momentum via mixing of low-angular momentum, wind-recycled gas with high-angular momentum gas in the Circum-Galactic Medium (CGM). Prograde mergers boost this activity by helping to align the disc and CGM rotation axes, whereas retrograde mergers cause the fountain to lose angular momentum. Fountain flows that promote angular momentum growth are conducive to smooth evolution on tracks quasi-parallel to the disc sequence of the stellar mass-specific angular momentum plane, whereas retrograde minor mergers, major mergers and bar-driven secular evolution move galaxies towards the bulge-sequence. Finally, we demonstrate that fountain flows act to flatten and narrow the radial metallicity gradient and metallicity dispersion of disc stars, respectively. Thus, the evolution of galactic fountains depends strongly on the cosmological merger history and is crucial for the chemo-dynamical evolution of Milky Way-sized disc galaxies.
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