Waste Management 2011 Annual Report Download - page 215

WASTE MANAGEMENT, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
CONDENSED CONSOLIDATING BALANCE SHEETS
December 31, 2011
WM
WM
Holdings
Non-Guarantor
Subsidiaries Eliminations Consolidated
ASSETS
Current assets:
Cash and cash equivalents ............ $ 119 $ — $ 139 $ — $ 258
Other current assets ................. 6 — 2,115 — 2,121
125 — 2,254 — 2,379
Property and equipment, net ............. — — 12,242 — 12,242
Investments in and advances to affiliates . . . 12,006 14,905 3,036 (29,947) —
Other assets .......................... 120 12 7,816 — 7,948
Total assets ...................... $12,251 $14,917 $25,348 $(29,947) $22,569
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt ...... $ 298 $ — $ 333 $ — $ 631
Accounts payable and other current
liabilities ........................ 124 13 2,300 — 2,437
422 13 2,633 — 3,068
Long-term debt, less current portion ...... 5,727 449 2,949 — 9,125
Other liabilities ....................... 32 — 3,954 — 3,986
Total liabilities ................... 6,181 462 9,536 — 16,179
Equity:
Stockholders’ equity ................. 6,070 14,455 15,492 (29,947) 6,070
Noncontrolling interests .............. — — 320 — 320
6,070 14,455 15,812 (29,947) 6,390
Total liabilities and equity .......... $12,251 $14,917 $25,348 $(29,947) $22,569
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