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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 257 $ 351
Accounts receivable, net of allowance for doubtful accounts of $26 and $26, respectively 2,418 2,461
Other receivables, net of allowance for doubtful accounts of $5 and $7, respectively 190 291
Parts and supplies 170 164
Other assets 336 284
Total current assets 3,371 3,551
Property and equipment, net of accumulated depreciation and depletion of $22,027 and $21,627, respectively 15,705 15,719
Goodwill 9,344 9,323
Other intangible assets, net 823 827
Restricted funds 476 348
Investments in unconsolidated entities 569 578
Other assets 1,002 1,021
Total assets 31,290 31,367
Current liabilities:    
Accounts payable 1,510 1,766
Accrued liabilities 1,426 1,625
Deferred revenues 584 589
Current portion of long-term debt 336 414
Total current liabilities 3,856 4,394
Long-term debt, less current portion 15,034 14,570
Deferred income taxes 1,784 1,733
Landfill and environmental remediation liabilities 2,729 2,700
Other liabilities 1,079 1,106
Total liabilities 24,482 24,503
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 5,244 5,314
Retained earnings 13,414 13,167
Accumulated other comprehensive (loss) income (57) (69)
Treasury stock at cost 223,491,127 and 222,396,166 shares, respectively (11,813) (11,569)
Total Waste Management, Inc. stockholders' equity 6,794 6,849
Noncontrolling interests 14 15
Total equity 6,808 6,864
Total liabilities and equity $ 31,290 $ 31,367