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Landfill and Environmental Remediation Liabilities
12 Months Ended
Dec. 31, 2024
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):

2024

2023

Environmental

Environmental

    

Landfill

    

Remediation

    

Total

    

Landfill

    

Remediation

    

Total

Current (in accrued liabilities)

 

$

177

$

54

$

231

$

143

$

31

$

174

Long-term

 

2,880

 

168

 

3,048

  

 

2,710

 

178

 

2,888

 

$

3,057

$

222

$

3,279

$

2,853

$

209

$

3,062

The changes to landfill and environmental remediation liabilities for the year ended December 31, 2024 are reflected in the table below (in millions):

Environmental

    

Landfill

    

Remediation

December 31, 2023

$

2,853

$

209

Obligations incurred and capitalized

 

91

  

 

Obligations settled

 

(136)

  

 

(23)

Interest accretion

 

133

  

 

Revisions in estimates and interest rate assumptions

 

121

  

 

36

Acquisitions, divestitures and other adjustments

 

(5)

  

 

December 31, 2024

$

3,057

$

222

Our recorded liabilities as of December 31, 2024 include the impacts of inflating certain of these costs based on our expectations of the timing of cash settlement.