| | |
2030 Notes
|
| |
2033 Notes
|
| ||||||||||||||||||
| | |
Per Note
|
| |
Total
|
| |
Per Note
|
| |
Total
|
| ||||||||||||
Public Offering Price(1)
|
| | | | 99.858% | | | | | $ | 748,935,000 | | | | | | 99.826% | | | | | $ | 499,130,000 | | |
Underwriting Discount
|
| | | | 0.400% | | | | | $ | 3,000,000 | | | | | | 0.650% | | | | | $ | 3,250,000 | | |
Proceeds to Us (excluding expenses)
|
| | | | 99.458% | | | | | $ | 745,935,000 | | | | | | 99.176% | | | | | $ | 495,880,000 | | |
|
J.P. Morgan
|
| |
Mizuho
|
| | SMBC Nikko | | |
Wells Fargo Securities
|
|
|
BNP PARIBAS
|
| |
MUFG
|
| |
Truist Securities
|
| |
US Bancorp
|
|
|
Academy Securities
|
| |
Loop Capital Markets
|
| |
MFR Securities, Inc.
|
| |
Mischler Financial
Group, Inc. |
| |
Siebert Williams
Shank |
|
| | |
Page
|
| |||
| | | | S-1 | | | |
| | | | S-5 | | | |
| | | | S-8 | | | |
| | | | S-9 | | | |
| | | | S-11 | | | |
| | | | S-22 | | | |
| | | | S-26 | | | |
| | | | S-34 | | | |
| | | | S-34 | | | |
| | | | S-35 | | |
| | |
Page
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December 31, 2022
|
| |||||||||
| | |
Actual
|
| |
As Adjusted(a)
|
| ||||||
| | |
(Unaudited, Dollars in millions)
|
| |||||||||
Cash and Cash Equivalents
|
| | | | 351 | | | | | | 351 | | |
Debt: | | | | | | | | | | | | | |
Commercial paper program(b)
|
| | | | 1,730 | | | | | | 491 | | |
$3.5 billion revolving credit facility(b)
|
| | | | — | | | | | | — | | |
Senior notes, maturing through 2050
|
| | | | 8,626 | | | | | | 8,626 | | |
Term Loan(c)
|
| | | | 1,000 | | | | | | 1,000 | | |
Canadian senior notes, C$500 million maturing September 2026(d)
|
| | | | 369 | | | | | | 369 | | |
4.625% Senior Notes due 2030 offered hereby (including unamortized discount)
|
| | | | — | | | | | | 750 | | |
4.625% Senior Notes due 2033 offered hereby (including unamortized discount)
|
| | | | — | | | | | | 500 | | |
Tax-exempt bonds, maturing through 2048(e)
|
| | | | 2,648 | | | | | | 2,648 | | |
Financing leases and other, maturing through 2071
|
| | | | 699 | | | | | | 699 | | |
Debt issuance costs, discounts and other(f)
|
| | | | (88) | | | | | | (88) | | |
Total debt
|
| | | | 14,984 | | | | | | 14,995 | | |
Equity: | | | | | | | | | | | | | |
Waste Management, Inc. Stockholders’ Equity: | | | | | | | | | | | | | |
Common stock, $0.01 par value; 1,500,000,000 shares authorized; 630,282,461 shares issued
|
| | | | 6 | | | | | | 6 | | |
Additional paid-in capital
|
| | | | 5,314 | | | | | | 5,314 | | |
Retained earnings
|
| | | | 13,167 | | | | | | 13,167 | | |
Accumulated other comprehensive income (loss)
|
| | | | (69) | | | | | | (69) | | |
Treasury stock at cost, 222,396,166 shares
|
| | | | (11,569) | | | | | | (11,569) | | |
Total Waste Management, Inc. stockholders’ equity
|
| | | | 6,849 | | | | | | 6,849 | | |
Noncontrolling interests
|
| | | | 15 | | | | | | 15 | | |
Total equity
|
| | | | 6,864 | | | | | | 6,864 | | |
Total debt and equity
|
| | | $ | 21,848 | | | | | $ | 21,859 | | |
Underwriters
|
| |
Principal
Amount of 2030 Notes |
| |
Principal
Amount of 2033 Notes |
| ||||||
J.P. Morgan Securities LLC
|
| | | $ | 97,500,000 | | | | | $ | 65,000,000 | | |
Mizuho Securities USA LLC
|
| | | | 97,500,000 | | | | | | 65,000,000 | | |
SMBC Nikko Securities America, Inc.
|
| | | | 97,500,000 | | | | | | 65,000,000 | | |
Wells Fargo Securities, LLC
|
| | | | 97,500,000 | | | | | | 65,000,000 | | |
Barclays Capital Inc.
|
| | | | 52,500,000 | | | | | | 35,000,000 | | |
BofA Securities, Inc.
|
| | | | 52,500,000 | | | | | | 35,000,000 | | |
Deutsche Bank Securities Inc.
|
| | | | 52,500,000 | | | | | | 35,000,000 | | |
RBC Capital Markets, LLC
|
| | | | 52,500,000 | | | | | | 35,000,000 | | |
Scotia Capital (USA) Inc.
|
| | | | 52,500,000 | | | | | | 35,000,000 | | |
BNP Paribas Securities Corp.
|
| | | | 15,000,000 | | | | | | 10,000,000 | | |
MUFG Securities Americas Inc.
|
| | | | 15,000,000 | | | | | | 10,000,000 | | |
Truist Securities, Inc.
|
| | | | 15,000,000 | | | | | | 10,000,000 | | |
U.S. Bancorp Investments, Inc.
|
| | | | 15,000,000 | | | | | | 10,000,000 | | |
Academy Securities, Inc.
|
| | | | 7,500,000 | | | | | | 5,000,000 | | |
Loop Capital Markets LLC
|
| | | | 7,500,000 | | | | | | 5,000,000 | | |
MFR Securities, Inc.
|
| | | | 7,500,000 | | | | | | 5,000,000 | | |
Mischler Financial Group, Inc.
|
| | | | 7,500,000 | | | | | | 5,000,000 | | |
Siebert Williams Shank & Co., LLC
|
| | | | 7,500,000 | | | | | | 5,000,000 | | |
Total
|
| | | $ | 750,000,000 | | | | | $ | 500,000,000 | | |
SEC Filing (Our SEC File Number is 1-12154)
|
| |
Date Filed
|
|
| |
February 7, 2023
|
| |
| |
February 6, 2023
|
| |
The portions of our proxy statement for our 2022 annual meeting of stockholders incorporated by reference in our Annual Report on Form 10-K for the year ended December 31, 2021
|
| |
March 29, 2022
|
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SEC Filing (Our SEC File Number is 1-12154)
|
| |
Date Filed
|
|
| |
February 15, 2022
|
| |
| |
March 29, 2022
|
| |
| |
April 26, 2022
|
| |
| |
March 7, 2022
|
| |
The portions of our proxy statement for our 2022 annual meeting of stockholders incorporated by reference in our Annual Report on Form 10-K for the year ended December 31, 2021
|
| |
March 29, 2022
|
|
Description of our Common Stock contained in our Registration Statement on Form 8-B, as updated by the description of our Common Stock included in Exhibit 4.9 to our Annual Report on Form 10-K for the year ended December 31, 2019 filed with the SEC on February 13, 2020, together with any subsequent amendment or report filed for the purpose of updating such description
|
| |
July 13, 1995
|
|
Exhibit 107
Calculation of Filing Fee Tables
424(b)(5)
(Form Type)
Waste Management, Inc.
Waste Management Holdings, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
Security Type |
Security Class Title |
Fee Calculation or Carry Forward Rule |
Amount Registered |
Proposed Maximum Offering Price Per Unit |
Maximum Aggregate Offering Price |
Fee Rate |
Amount of Registration Fee |
Carry Form |
Carry Forward File Number |
Carry Forward Initial effective date |
Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward | |||||||||||||
Newly Registered Securities | ||||||||||||||||||||||||
Fees to Paid
|
Debt | 4.625% Senior Notes due 2030 of Waste Management, Inc. | 457(r) | $750,000,000 | 99.858% | $748,935,000 | 0.00011020 | $82,532.64 | ||||||||||||||||
Other | Guarantee of 4.625% Senior Notes due 2030 of Waste Management, Inc. by Waste Management Holdings, Inc. (1) | Other (1) | — | — | — | — | — (1) | |||||||||||||||||
Debt | 4.625% Senior Notes due 2033 of Waste Management, Inc. | 457(r) | $500,000,000 | 99.826% | $499,130,000 | 0.00011020 | $55,004.13 | |||||||||||||||||
Other | Guarantee of 4.625% Senior Notes due 2033 of Waste Management, Inc. by Waste Management Holdings, Inc. (1) | Other (1) | — | — | — | — | — (1) | |||||||||||||||||
Fees Previously Paid
|
N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||||
Carry Forward Securities | ||||||||||||||||||||||||
Carry Forward Securities
|
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
Total Offering Amounts | $1,248,065,000 | $137,536.77 | ||||||||||||||||||||||
Total Fees Previously Paid | — | |||||||||||||||||||||||
Total Fee Offsets | — | |||||||||||||||||||||||
Net Fee Due | $137,536.77 |
(1) | Waste Management Holdings, Inc. will fully and unconditionally guarantee the 4.625% Senior Notes due 2030 and 4.625% Senior Notes due 2033, each issued by Waste Management, Inc. Pursuant to Rule 457(n) under the Securities Act of 1933, as amended, no separate fee is payable with respect to each such guarantee. |