Acquisitions and Divestitures (Tables)

6 Months Ended

Jun. 30, 2014

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


	RCI
	July 5, 2013			Adjustments			June 30, 2014
Accounts and other receivables	$	32		$	—		$	32
Property and equipment		118			(1	)		117
Goodwill		177			14			191
Other intangible assets		169			—			169
Deferred revenues		(4	)		—			(4	)
Landfill and environmental remediation liabilities		(1	)		—			(1	)
Deferred income taxes, net		—			(14	)		(14	)
Long-term debt, less current portion		(4	)		1			(3	)

Total purchase price	$	487		$	—		$	487

Allocation Purchase Price Intangible Assets

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


	RCI
	Amount		Weighted Average Amortization Periods (in Years)
Customer relationships	$	162		15.0
Trade name		7		5.0

Total other intangible assets subject to amortization	$	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 June 30, 2013		Six Months Ended June 30, 2013
Operating revenues	$	3,572	$	6,963
Net income attributable to Waste Management, Inc.		245		413
Basic earnings per common share		0.52		0.88
Diluted earnings per common share		0.52		0.88