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Landfill and Environmental Remediation Liabilities
6 Months Ended
Jun. 30, 2024
Landfill and Environmental Remediation Liabilities  
Landfill and Environmental Remediation Liabilities

2.    Landfill and Environmental Remediation Liabilities

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

June 30, 2024

December 31, 2023

Environmental

Environmental

    

Landfill

    

Remediation

    

Total

    

Landfill

    

Remediation

    

Total

Current (in accrued liabilities)

 

$

144

$

31

$

175

$

143

$

31

$

174

Long-term

 

2,759

 

177

 

2,936

  

 

2,710

 

178

 

2,888

 

$

2,903

$

208

$

3,111

$

2,853

$

209

$

3,062

The changes to landfill and environmental remediation liabilities for the six months ended June 30, 2024 are reflected in the table below (in millions):

Environmental

    

Landfill

    

Remediation

December 31, 2023

$

2,853

$

209

Obligations incurred and capitalized

 

43

  

 

Obligations settled

 

(58)

  

 

(11)

Interest accretion

 

66

  

 

Revisions in estimates

 

1

  

 

10

Acquisitions, divestitures and other adjustments

 

(2)

  

 

June 30, 2024

$

2,903

$

208

At several of our landfills, we provide financial assurance by depositing cash into restricted trust funds for purposes of settling final capping, closure, post-closure and environmental remediation obligations. Generally, these trust funds are established to comply with statutory requirements and operating agreements. See Note 13 for additional information related to these trusts.