Segment Reporting

6 Months Ended

Jun. 30, 2019

SEGMENT REPORTING

Our senior management evaluates, oversees and manages the financial performance of our operations through two field groups, referred to as Group 1 and Group 2. Group 1 primarily consists of geographic areas located in the western United States, and Group 2 primarily consists of geographic areas located in the southeastern and mid-western United States, and the eastern seaboard of the United States. These two groups are presented below as our reportable segments, which provide integrated waste management services consisting of non-hazardous solid waste collection, transfer, recycling, disposal and energy services.

Summarized financial information concerning our reportable segments for the three and six months ended June 30, 2019 and 2018 follows:


	Gross Revenue		Intercompany Revenue		Net Revenue		Depreciation, Amortization, Depletion and Accretion		Operating Income (Loss)		Capital Expenditures		Total Assets

Three Months Ended June 30, 2019
Group 1	$	1,528.6	$	(264.2)	$	1,264.4	$	127.0	$	309.0	$	137.1	$	11,223.2
Group 2	1,529.2		(226.9)		1,302.3		132.7		228.4		122.2		9,082.5
Corporate entities	43.2		(4.6)		38.6		25.0		(100.0)		30.1		1,691.1
Total	$	3,101.0	$	(495.7)	$	2,605.3	$	284.7	$	437.4	$	289.4	$	21,996.8

Three Months Ended June 30, 2018
Group 1	$	1,446.4	$	(253.1)	$	1,193.3	$	117.8	$	275.2	$	153.0	$	10,851.5
Group 2	1,509.2		(224.0)		1,285.2		128.4		225.3		101.5		8,914.1
Corporate entities	43.3		(4.0)		39.3		29.5		(92.3)		24.3		1,438.1
Total	$	2,998.9	$	(481.1)	$	2,517.8	$	275.7	$	408.2	$	278.8	$	21,203.7


	Gross Revenue		Intercompany Revenue		Net Revenue		Depreciation, Amortization, Depletion and Accretion		Operating Income (Loss)		Capital Expenditures		Total Assets

Six Months Ended June 30, 2019
Group 1	$	2,959.6	$	(502.0)	$	2,457.6	$	248.5	$	597.1	$	235.6	$	11,223.2
Group 2	2,966.7		(425.4)		2,541.3		258.4		452.7		215.7		9,082.5
Corporate entities	85.2		(8.2)		77.0		49.8		(189.6)		137.4		1,691.1
Total	$	6,011.5	$	(935.6)	$	5,075.9	$	556.7	$	860.2	$	588.7	$	21,996.8

Six Months Ended June 30, 2018
Group 1	$	2,866.6	$	(493.5)	$	2,373.1	$	246.9	$	553.1	$	183.5	$	10,851.5
Group 2	2,915.6		(422.3)		2,493.3		253.3		434.9		249.7		8,914.1
Corporate entities	86.5		(7.7)		78.8		59.0		(175.6)		108.9		1,438.1
Total	$	5,868.7	$	(923.5)	$	4,945.2	$	559.2	$	812.4	$	542.1	$	21,203.7

Intercompany revenue reflects transactions within and between segments that generally are made on a basis intended to reflect the market value of such services. Capital expenditures for corporate entities primarily include vehicle inventory acquired but not yet assigned to operating locations and facilities. Corporate functions include legal, tax, treasury, information technology, risk management, human resources, closed landfills and other administrative functions.