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Landfill and Environmental Remediation Liabilities
3 Months Ended
Mar. 31, 2018
Landfill and Environmental Remediation Liabilities  
Landfill and Environmental Remediation Liabilities

2.    Landfill and Environmental Remediation Liabilities

Liabilities for landfill and environmental remediation costs are presented in the table below (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2018

 

December 31, 2017

 

 

 

 

 

Environmental

 

 

 

 

 

 

 

Environmental

 

 

 

 

    

Landfill

    

Remediation

    

Total

    

Landfill

    

Remediation

    

Total

Current (in accrued liabilities)

 

$

129

 

$

28

 

$

157

 

$

128

 

$

28

 

$

156

Long-term

 

 

1,572

 

 

223

 

 

1,795

  

 

1,547

 

 

223

 

 

1,770

 

 

$

1,701

 

$

251

 

$

1,952

 

$

1,675

 

$

251

 

$

1,926

 

The changes to landfill and environmental remediation liabilities for the three months ended March 31, 2018 are reflected in the table below (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

Environmental

 

    

Landfill

    

Remediation

December 31, 2017

 

$

1,675

 

$

251

Obligations incurred and capitalized

 

 

19

  

 

 —

Obligations settled

 

 

(19)

  

 

(5)

Interest accretion

 

 

23

  

 

 1

Revisions in estimates and interest rate assumptions

 

 

(9)

  

 

 4

Acquisitions, divestitures and other adjustments

 

 

12

  

 

 —

March 31, 2018

 

$

1,701

 

$

251

 

At several of our landfills, we provide financial assurance by depositing cash into restricted trust funds or escrow accounts for purposes of demonstrating our ability to meet our final capping, closure, post-closure and environmental remediation obligations. Generally, these trust funds are established to comply with statutory requirements and operating agreements. See Note 13 for additional information related to these trusts.