XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 703 $ 3,561
Accounts receivable, net of allowance for doubtful accounts of $34 and $28, respectively 1,927 1,949
Other receivables, net of allowance for doubtful accounts of $6 and $1, respectively 290 370
Parts and supplies 117 106
Other assets 320 223
Total current assets 3,357 6,209
Property and equipment, net of accumulated depreciation and amortization of $19,266 and $18,657, respectively 12,846 12,893
Goodwill 6,504 6,532
Other intangible assets, net 450 521
Restricted trust and escrow accounts 369 313
Investments in unconsolidated entities 425 483
Other assets 821 792
Total assets 24,772 27,743
Current liabilities:    
Accounts payable 884 1,065
Accrued liabilities 1,259 1,327
Deferred revenues 496 534
Current portion of long-term debt 167 218
Total current liabilities 2,806 3,144
Long-term debt, less current portion 10,255 13,280
Deferred income taxes 1,468 1,407
Landfill and environmental remediation liabilities 2,037 1,930
Other liabilities 1,049 912
Total liabilities 17,615 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 5,104 5,049
Retained earnings 10,952 10,592
Accumulated other comprehensive income (loss) (16) (8)
Treasury stock at cost, 207,695,158 and 205,956,366 shares, respectively (8,891) (8,571)
Total Waste Management, Inc. stockholders' equity 7,155 7,068
Noncontrolling interests 2 2
Total equity 7,157 7,070
Total liabilities and equity $ 24,772 $ 27,743