Waste Management 2008 Annual Report Download - page 147
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CONDENSED CONSOLIDATING BALANCE SHEETS — (Continued)
December 31, 2007
WMI
WM
Holdings
Non-Guarantor
Subsidiaries Eliminations Consolidated
ASSETS
Current assets:
Cash and cash equivalents ........... $ 416 $ — $ — $ (68) $ 348
Other current assets ................ — — 2,132 — 2,132
416 — 2,132 (68) 2,480
Property and equipment, net ........... — — 11,351 — 11,351
Investments in and advances to affiliates . . 9,617 10,622 173 (20,412) —
Other assets ....................... 28 15 6,301 — 6,344
Total assets ...................... $10,061 $10,637 $19,957 $(20,480) $20,175
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt ...... $ 129 $ — $ 200 $ — $ 329
Accounts payable and other current
liabilities ...................... 79 22 2,236 (68) 2,269
208 22 2,436 (68) 2,598
Long-term debt, less current portion...... 4,034 889 3,085 — 8,008
Other liabilities ..................... 27 2 3,438 — 3,467
Total liabilities.................... 4,269 913 8,959 (68) 14,073
Minority interest in subsidiaries and
variable interest entities ............. — — 310 — 310
Stockholders’ equity ................. 5,792 9,724 10,688 (20,412) 5,792
Total liabilities and stockholders’
equity ........................ $10,061 $10,637 $19,957 $(20,480) $20,175
113
WASTE MANAGEMENT, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)