Waste Management 2009 Annual Report Download - page 97

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Intercompany revenues between our operations have been eliminated in the consolidated financial statements. The
mix of operating revenues from our different services is reflected in the table below (in millions):
2009 2008 2007
Years Ended December 31,
Collection ........................................... $ 7,980 $ 8,679 $ 8,714
Landfill ............................................. 2,547 2,955 3,047
Transfer ............................................ 1,383 1,589 1,654
Wheelabrator . . ....................................... 841 912 868
Recycling ........................................... 741 1,180 1,135
Other .............................................. 245 207 163
Intercompany . ....................................... (1,946) (2,134) (2,271)
Total ............................................. $11,791 $13,388 $13,310
The following table provides details associated with the period-to-period change in revenues (dollars in
millions) along with an explanation of the significant components of the current period changes:
Amount
As a % of
Total
Company(a) Amount
As a % of
Total
Company(a)
Period-to-Period
Change
2009 vs. 2008
Period-to-Period
Change
2008 vs. 2007
Average yield(b) ........................... $ (528) (3.9)% $ 644 4.9%
Volume .................................. (1,078) (8.1) (557) (4.2)
Internal revenue growth . . .................... (1,606) (12.0) 87 0.7
Acquisitions .............................. 97 0.7 117 0.9
Divestitures ............................... (37) (0.2) (130) (1.0)
Foreign currency translation................... (51) (0.4) 4
$(1,597) (11.9)% $ 78 0.6%
(a) Calculated by dividing the amount of current year increase or decrease by the prior year’s total company
revenue ($13,388 million and $13,310 million for 2009 and 2008, respectively) adjusted to exclude the impacts
of current year divestitures ($37 million and $130 million for 2009 and 2008, respectively).
(b) The amounts reported herein represent the changes in our revenue attributable to average yield for the total
Company. We analyze the changes in average yield in terms of related business revenues in order to
differentiate the changes in yield attributable to our pricing strategies from the changes that are caused by
market-driven price changes in commodities. The following table summarizes changes in revenues from
average yield on a related-business basis:
29