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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 144 $ 351
Accounts receivable, net of allowance for doubtful accounts of $25 and $26, respectively 2,576 2,461
Other receivables, net of allowance for doubtful accounts of $5 and $7, respectively 270 291
Parts and supplies 170 164
Other assets 320 284
Total current assets 3,480 3,551
Property and equipment, net of accumulated depreciation and depletion of $22,400 and $21,627, respectively 15,917 15,719
Goodwill 9,399 9,323
Other intangible assets, net 809 827
Restricted funds 459 348
Investments in unconsolidated entities 564 578
Other assets 986 1,021
Total assets 31,614 31,367
Current liabilities:    
Accounts payable 1,626 1,766
Accrued liabilities 1,544 1,625
Deferred revenues 568 589
Current portion of long-term debt 513 414
Total current liabilities 4,251 4,394
Long-term debt, less current portion 14,855 14,570
Deferred income taxes 1,778 1,733
Landfill and environmental remediation liabilities 2,734 2,700
Other liabilities 1,068 1,106
Total liabilities 24,686 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 5,341 5,314
Retained earnings 13,744 13,167
Accumulated other comprehensive (loss) income (32) (69)
Treasury stock at cost, 225,407,474 and 222,396,166 shares, respectively (12,150) (11,569)
Total Waste Management, Inc. stockholders' equity 6,909 6,849
Noncontrolling interests 19 15
Total equity 6,928 6,864
Total liabilities and equity $ 31,614 $ 31,367