Depending on which brand can your using, what is caught is far more than oil. First, it should be disposed of just as any drain oil. Most autoparts stores take drain oil. Ineefective cans catch mainly dirty oil and water.
Now, if your using one of the ineffective cans, then what is caught is generally mostly oil and some water. If it is one of the truly effective cans like the Elite E2 or E2-X, the genuine RX cans (not the China counterfeits!! they have made that website look like the real one, so beware. rxperformanceproducts.com is NOT the genuine ones! teamRXP.com is) then what is caught is follows on average (this is a cool weather drain sample analysed by one of the major labs that is working on these issues):
70% water and sulfuric acid
23% un burnt fuel (as the GDI engines operate at far higher compression ratios and fuel is introduced at 2,000-3,000 PSI many times the amount of raw fuel is forced past the piston rings and dilutes the oil, etc.)
7% is actually oil and abrasive particulate matter. So never put this back in the crankcase (some cans return it!!! Crazy).
Hope that helps!