Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2015

Allocation of Purchase Price

The allocation of the purchase price for the Deffenbaugh acquisition is preliminary and subject to change based on the finalization of our detailed valuations. The following table presents adjustments since the acquisition date to the allocation of the purchase price (in millions):

	March 26, 2015			Adjustments			December 31, 2015
Cash and cash equivalents	$	15		$	—		$	15
Accounts and other receivables		18			4			22
Parts and supplies		2			—			2
Deferred income tax asset		9			2			11
Other current assets		12			(2	)		10
Property and equipment		212			(5	)		207
Goodwill		140			19			159
Other intangible assets		134			(34	)		100
Other assets		1			—			1
Accounts payable		(4	)		2			(2	)
Accrued liabilities		(12	)		(8	)		(20	)
Deferred revenues		(5	)		(1	)		(6	)
Landfill and environmental remediation liabilities		(21	)		3			(18	)
Deferred income tax liability		(65	)		13			(52	)
Other liabilities		(20	)		6			(14	)
Total purchase price	$	416		$	(1	)	$	415

RCI and Greenstar [Member]

Pro Forma Consolidated Results of Operations

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

	Year Ended December 31,
	2013
Operating revenues	$	14,085
Net income attributable to Waste Management, Inc.		112
Basic earnings per common share		0.24
Diluted earnings per common share		0.24

Deffenbaugh Disposal, Inc. [Member]

Pro Forma Consolidated Results of Operations

The following pro forma consolidated results of operations have been prepared as if the acquisition of Deffenbaugh occurred at January 1, 2014 (in millions, except per share amounts):

	Years Ended December 31,
	2015		2014
Operating revenues	$	13,001	$	14,168
Net income attributable to Waste Management, Inc.		753		1,304
Basic earnings per common share		1.66		2.82
Diluted earnings per common share		1.65		2.80