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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 2,663 $ 3,561
Accounts receivable, net of allowance for doubtful accounts of $46 and $28, respectively 1,888 1,949
Other receivables, net of allowance for doubtful accounts of $2 and $1, respectively 219 370
Parts and supplies 118 106
Other assets 218 223
Total current assets 5,106 6,209
Property and equipment, net of accumulated depreciation and amortization of $19,031 and $18,657, respectively 12,917 12,893
Goodwill 6,512 6,532
Other intangible assets, net 472 521
Restricted trust and escrow accounts 382 313
Investments in unconsolidated entities 439 483
Other assets 791 792
Total assets 26,619 27,743
Current liabilities:    
Accounts payable 904 1,065
Accrued liabilities 1,184 1,327
Deferred revenues 494 534
Current portion of long-term debt 3,190 218
Total current liabilities 5,772 3,144
Long-term debt, less current portion 9,598 13,280
Deferred income taxes 1,367 1,407
Landfill and environmental remediation liabilities 2,030 1,930
Other liabilities 959 912
Total liabilities 19,726 20,673
Commitments and contingencies
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 5,040 5,049
Retained earnings 10,795 10,592
Accumulated other comprehensive income (loss) (41) (8)
Treasury stock at cost, 208,118,292 and 205,956,366 shares, respectively (8,909) (8,571)
Total Waste Management, Inc. stockholders' equity 6,891 7,068
Noncontrolling interests 2 2
Total equity 6,893 7,070
Total liabilities and equity $ 26,619 $ 27,743