Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2017

Acquisitions and Divestitures

Schedule of Fair Value Assigned to Other Intangible Assets

The following table presents the fair value assigned to other intangible assets for the Deffenbaugh and SWS acquisitions, respectively, (amounts in millions, except for amortization periods):

	Deffenbaugh			SWS
			Weighted Average			Weighted Average
			Amortization			Amortization
			Periods			Periods
	Amount		(in Years)	Amount		(in Years)
Customer and supplier relationships	$	94	15.0	$	160	10.0
Covenants not-to-compete		—	—		18	5.0
Trade name		6	15.0		4	10.0
Total other intangible assets subject to amortization	$	100	15.0	$	182	9.5

Pro Forma Consolidated Results of Operations

The following pro forma consolidated results of operations for the years ended December 31 have been prepared as if the acquisitions of Deffenbaugh and SWS occurred as of January 1, 2015 (in millions, except per share amounts):

	2016		2015
Operating revenues	$	13,611	$	13,137
Net income attributable to Waste Management, Inc.		1,182		751
Basic earnings per common share		2.67		1.66
Diluted earnings per common share		2.65		1.65