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Landfill and Environmental Remediation Liabilities (Tables)
6 Months Ended
Jun. 30, 2022
Landfill and Environmental Remediation Liabilities  
Liabilities for Landfill and Environmental Remediation Costs

Liabilities for landfill and environmental remediation costs are presented in the table below (in millions):

June 30, 2022

December 31, 2021

Environmental

Environmental

    

Landfill

    

Remediation

    

Total

    

Landfill

    

Remediation

    

Total

Current (in accrued liabilities)

 

$

135

$

29

$

164

$

137

$

29

$

166

Long-term

 

2,244

 

182

 

2,426

  

 

2,189

 

184

 

2,373

 

$

2,379

$

211

$

2,590

$

2,326

$

213

$

2,539

Changes to Landfill and Environmental Remediation Liabilities

The changes to landfill and environmental remediation liabilities for the six months ended June 30, 2022 are reflected in the table below (in millions):

Environmental

    

Landfill

    

Remediation

December 31, 2021

$

2,326

$

213

Obligations incurred and capitalized

 

56

  

 

Obligations settled

 

(43)

  

 

(12)

Interest accretion

 

54

  

 

1

Revisions in estimates and interest rate assumptions (a) (b)

 

(13)

  

 

9

Acquisitions, divestitures and other adjustments

 

(1)

  

 

June 30, 2022

$

2,379

$

211

(a)The amount reported for our landfill liabilities includes decreases related to revisions in estimated costs and timing of capping, closure and post-closure liabilities.
(b)The amount reported for our environmental remediation liabilities includes a $17 million charge in our Corporate and Other segment to adjust an indirect wholly-owned subsidiary’s estimated potential share of the liability for a proposed environmental remediation plan at a closed site, as discussed in Note 6. Partially offsetting this charge was a decrease of $11 million due to an increase from 1.50% at December 31, 2021 to 3.00% at June 30, 2022 in the risk-free discount rate used to measure these liabilities.