Acquisitions (Tables)

3 Months Ended

Mar. 31, 2014

The following table presents the final allocation of the purchase price for Greenstar and adjustments since the acquisition date to the allocation of the purchase price for RCI (in millions):


				RCI
	Greenstar			July 5, 2013			Adjustments			March 31, 2014
Accounts and other receivables	$	30		$	32		$	—		$	32
Parts and supplies		4			—			—			—
Other current assets		2			—			—			—
Property and equipment		58			118			(1	)		117
Goodwill		122			177			14			191
Other intangible assets		32			169			—			169
Accounts payable		(17	)		—			—			—
Accrued liabilities		(12	)		—			—			—
Deferred revenues		—			(4	)		—			(4	)
Landfill and environmental remediation liabilities		(2	)		(1	)		—			(1	)
Deferred income taxes, net		—			—			(14	)		(14	)
Current portion of long-term debt		(4	)		—			—			—
Long-term debt, less current portion		(2	)		(4	)		1			(3	)
Other liabilities		(5	)		—			—			—

Total purchase price	$	206		$	487		$	—		$	487

Allocation Purchase Price Intangible Assets

The following table presents the final and preliminary allocations of the purchase price for Greenstar and RCI, respectively, to other intangible assets (amounts in millions, except for amortization periods):


	Greenstar				RCI
	Amount		Weighted Average Amortization Periods (in Years)		Amount		Weighted Average Amortization Periods (in Years)
Customer relationships	$	—		—	$	162		15.0
Supplier relationships		31		10.0		—		—
Lease agreements		1		8.4		—		—
Trade name		—		—		7		5.0

Total other intangible assets subject to amortization	$	32		10.0	$	169		14.6

Pro Forma Consolidated Results of Operations

The following pro forma consolidated results of operations have been prepared as if the acquisitions of Greenstar and RCI occurred at January 1, 2013 (in millions, except per share amounts):


	Three Months Ended
	March 31, 2013
Operating revenues	$	3,391
Net income attributable to Waste Management, Inc.		167
Basic earnings per common share		0.36
Diluted earnings per common share		0.36