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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Consolidated net income $ 1,392 $ 1,046
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 1,107 1,034
Deferred income tax benefit (32) (46)
Interest accretion on landfill liabilities 71 68
Provision for bad debts 35 31
Equity-based compensation expense 63 74
Net gain on disposal of assets (21) (7)
(Gain) loss from divestitures, asset impairments and unusual items, net (14) 38
Equity in net losses of unconsolidated entities, net of dividends 29 25
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Receivables 43 112
Other current assets (22) (25)
Other assets (3) (2)
Accounts payable and accrued liabilities 177 105
Deferred revenues and other liabilities (167) (65)
Net cash provided by operating activities 2,658 2,388
Cash flows from investing activities:    
Acquisitions of businesses, net of cash acquired (342) (78)
Capital expenditures (1,240) (981)
Proceeds from divestitures of businesses and other assets (net of cash divested) 106 19
Other, net (30) (10)
Net cash used in investing activities (1,506) (1,050)
Cash flows from financing activities:    
New borrowings 174 197
Debt repayments (338) (749)
Net commercial paper borrowings 523 501
Common stock repurchase program (750) (750)
Cash dividends (605) (566)
Exercise of common stock options 45 92
Tax payments associated with equity-based compensation transactions (28) (47)
Other, net (36) (9)
Net cash used in financing activities (1,015) (1,331)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents   1
Increase in cash, cash equivalents and restricted cash and cash equivalents 137 8
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period 293 94
Cash, cash equivalents and restricted cash and cash equivalents at end of period $ 430 $ 102