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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 894 $ 118
Accounts receivable, net of allowance for doubtful accounts of $26 and $25, respectively 2,494 2,278
Other receivables, net of allowance for doubtful accounts of $7 and $8, respectively 171 268
Parts and supplies 159 135
Other assets 269 270
Total current assets 3,987 3,069
Property and equipment, net of accumulated depreciation and amortization of $21,127 and $20,537, respectively 14,382 14,419
Goodwill 9,022 9,028
Other intangible assets, net 834 898
Restricted funds 397 348
Investments in unconsolidated entities 607 432
Other assets 899 903
Total assets 30,128 29,097
Current liabilities:    
Accounts payable 1,382 1,375
Accrued liabilities 1,493 1,428
Deferred revenues 616 571
Current portion of long-term debt 231 708
Total current liabilities 3,722 4,082
Long-term debt, less current portion 14,046 12,697
Deferred income taxes 1,632 1,694
Landfill and environmental remediation liabilities 2,426 2,373
Other liabilities 1,110 1,125
Total liabilities 22,936 21,971
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 5,257 5,169
Retained earnings 12,563 12,004
Accumulated other comprehensive income (loss) (17) 17
Treasury stock at cost, 217,005,817 and 214,158,636 shares, respectively (10,619) (10,072)
Total Waste Management, Inc. stockholders' equity 7,190 7,124
Noncontrolling interests 2 2
Total equity 7,192 7,126
Total liabilities and equity $ 30,128 $ 29,097