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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 155 $ 118
Accounts receivable, net of allowance for doubtful accounts of $24 and $25, respectively 2,334 2,278
Other receivables, net of allowance for doubtful accounts of $8 and $8, respectively 145 268
Parts and supplies 149 135
Other assets 276 270
Total current assets 3,059 3,069
Property and equipment, net of accumulated depreciation and amortization of $20,918 and $20,537, respectively 14,298 14,419
Goodwill 9,034 9,028
Other intangible assets, net 868 898
Restricted funds 442 348
Investments in unconsolidated entities 625 432
Other assets 893 903
Total assets 29,219 29,097
Current liabilities:    
Accounts payable 1,384 1,375
Accrued liabilities 1,387 1,428
Deferred revenues 600 571
Current portion of long-term debt 435 708
Total current liabilities 3,806 4,082
Long-term debt, less current portion 13,052 12,697
Deferred income taxes 1,680 1,694
Landfill and environmental remediation liabilities 2,409 2,373
Other liabilities 1,126 1,125
Total liabilities 22,073 21,971
Commitments and contingencies (Note 6)
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 5,178 5,169
Retained earnings 12,247 12,004
Accumulated other comprehensive income (loss) 15 17
Treasury stock at cost, 215,102,120 and 214,158,636 shares, respectively (10,302) (10,072)
Total Waste Management, Inc. stockholders' equity 7,144 7,124
Noncontrolling interests 2 2
Total equity 7,146 7,126
Total liabilities and equity $ 29,219 $ 29,097