Waste Management 2014 Annual Report Download - page 121

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The mix of operating revenues from our major lines of business is reflected in the table below (in millions):
Years Ended December 31,
2014 2013 2012
Collection:
Commercial ................................ $ 3,393 $ 3,423 $ 3,417
Residential ................................. 2,543 2,608 2,584
Industrial ................................... 2,231 2,209 2,129
Other ...................................... 340 273 275
Total collection .......................... 8,507 8,513 8,405
Landfill ........................................ 2,849 2,790 2,685
Transfer ....................................... 1,353 1,329 1,296
Wheelabrator ................................... 817 845 846
Recycling ...................................... 1,370 1,447 1,360
Other .......................................... 1,561 1,583 1,416
Intercompany ................................... (2,461) (2,524) (2,359)
Total .................................. $13,996 $13,983 $13,649
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:
Period-to-Period
Change
2014 vs. 2013
Period-to-Period
Change
2013 vs. 2012
Amount
Asa%of
Total
Company(a) Amount
Asa%of
Total
Company(a)
Average yield(b) ............................. $228 1.6% $ 206 1.5%
Volume .................................... (188) (1.4) (133) (1.0)
Internal revenue growth ....................... 40 0.2 73 0.5
Acquisitions ................................ 124 0.9 292 2.1
Divestitures ................................. (90) (0.6) (6)
Foreign currency translation .................... (61) (0.4) (25) (0.2)
Total .................................. $ 13 0.1% $ 334 2.4%
(a) Calculated by dividing the amount of current year increase or decrease by the prior year’s total company
revenue adjusted to exclude the impacts of current year divestitures ($13,893 million and $13,643 million
for 2014 and 2013, respectively).
(b) The amounts reported herein represent the changes in our revenue attributable to average yield for the total
Company. We also 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
44