Landfill and Environmental Remediation Liabilities

12 Months Ended

Dec. 31, 2023

Landfill and Environmental Remediation Liabilities

Landfill and Environmental Remediation Liabilities

3.    Landfill and Environmental Remediation Liabilities

Liabilities for landfill and environmental remediation costs as of December 31 are presented in the table below (in millions):

	2023						2022
			Environmental						Environmental
	Landfill		Remediation		Total		Landfill		Remediation		Total
Current (in accrued liabilities)	$	143	$	31	$	174	$	137	$	31	$	168
Long-term		2,710		178		2,888		2,527		173		2,700
	$	2,853	$	209	$	3,062	$	2,664	$	204	$	2,868

The changes to landfill and environmental remediation liabilities for the year ended December 31, 2023 are reflected in the table below (in millions):

			Environmental
	Landfill		Remediation
December 31, 2022	$	2,664	$	204
Obligations incurred and capitalized		79		—
Obligations settled		(147)		(27)
Interest accretion		124		6
Revisions in estimates and interest rate assumptions		131		26
Acquisitions, divestitures and other adjustments		2		—
December 31, 2023	$	2,853	$	209

Our recorded liabilities as of December 31, 2023 include the impacts of inflating certain of these costs based on our expectations of the timing of cash settlement.