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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 158 $ 201
Accounts receivable, net of allowance for doubtful accounts of $62 and $87, respectively 3,372 3,435
Other receivables, net of allowance for doubtful accounts of $3 and $3, respectively 592 620
Parts and supplies 235 225
Other current assets 451 429
Total current assets 4,808 4,910
Property and equipment, net of accumulated depreciation and depletion of $25,451 and $25,096, respectively 20,335 20,378
Goodwill 13,873 13,880
Other intangible assets, net 3,664 3,767
Restricted funds 654 513
Investments in unconsolidated entities 756 779
Other long-term assets 1,610 1,608
Total assets 45,700 45,835
Current liabilities:    
Accounts payable 1,803 1,867
Accrued liabilities 1,938 2,211
Deferred revenues 764 735
Current portion of long-term debt 641 711
Total current liabilities 5,146 5,524
Long-term debt, less current portion 22,250 22,196
Deferred income taxes 3,266 3,160
Landfill and environmental remediation liabilities 3,310 3,278
Other long-term liabilities 1,706 1,686
Total liabilities 35,678 35,844
Commitments and contingencies (Note 6)
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 5,708 5,676
Retained earnings 17,571 17,232
Accumulated other comprehensive income (loss) (44) (10)
Treasury stock at cost 228,008,930 and 227,340,757 shares, respectively (13,220) (12,914)
Total Waste Management, Inc. stockholders' equity 10,021 9,990
Noncontrolling interests 1 1
Total equity 10,022 9,991
Total liabilities and equity $ 45,700 $ 45,835