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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 118 $ 553
Accounts receivable, net of allowance for doubtful accounts of $25 and $33, respectively 2,278 2,097
Other receivables, net of allowance for doubtful accounts of $8 and $7, respectively 268 527
Parts and supplies 135 124
Other assets 270 239
Total current assets 3,069 3,540
Property and equipment, net of accumulated depreciation and amortization of $20,537 and $19,337, respectively 14,419 14,148
Goodwill 9,028 8,994
Other intangible assets, net 898 1,024
Restricted trust and escrow accounts 348 347
Investments in unconsolidated entities 432 426
Other assets 903 866
Total assets 29,097 29,345
Current liabilities:    
Accounts payable 1,375 1,121
Accrued liabilities 1,428 1,342
Deferred revenues 571 539
Current portion of long-term debt 708 551
Total current liabilities 4,082 3,553
Long-term debt, less current portion 12,697 13,259
Deferred income taxes 1,694 1,806
Landfill and environmental remediation liabilities 2,373 2,222
Other liabilities 1,125 1,051
Total liabilities 21,971 21,891
Commitments and contingencies (Note 10)
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 5,169 5,129
Retained earnings 12,004 11,159
Accumulated other comprehensive income (loss) 17 39
Treasury stock at cost, 214,158,636 and 207,480,827 shares, respectively (10,072) (8,881)
Total Waste Management, Inc. stockholders' equity 7,124 7,452
Noncontrolling interests 2 2
Total equity 7,126 7,454
Total liabilities and equity $ 29,097 $ 29,345