Waste Management 2013 Annual Report Download - page 238

WASTE MANAGEMENT, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
CONDENSED CONSOLIDATING BALANCE SHEETS (Continued)
December 31, 2012
WM
WM
Holdings
Non-Guarantor
Subsidiaries Eliminations Consolidated
ASSETS
Current assets:
Cash and cash equivalents ................ $ 60 $ — $ 134 $ — $ 194
Other current assets ..................... — 7 2,222 — 2,229
60 7 2,356 — 2,423
Property and equipment, net ................. — — 12,651 — 12,651
Investments in and advances to affiliates (a) .... 12,725 15,932 3,398 (32,055) —
Other assets .............................. 45 12 7,966 — 8,023
Total assets .......................... $12,830 $15,951 $26,371 $(32,055) $23,097
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt .......... $ 400 $ — $ 343 $ — $ 743
Accounts payable and other current
liabilities ............................ 77 13 2,203 — 2,293
477 13 2,546 — 3,036
Long-term debt, less current portion .......... 5,957 449 2,767 — 9,173
Other liabilities ........................... 42 — 4,171 — 4,213
Total liabilities ....................... 6,476 462 9,484 — 16,422
Equity:
Stockholders’ equity (a) .................. 6,354 15,489 16,566 (32,055) 6,354
Noncontrolling interests .................. — — 321 — 321
6,354 15,489 16,887 (32,055) 6,675
Total liabilities and equity .............. $12,830 $15,951 $26,371 $(32,055) $23,097
(a) In conjunction with the preparation of our 2013 Condensed Consolidating Financial Statements, we
identified corrections associated with the computation of the amounts reported as WM Holdings’
“Investments in and advances to affiliates” and “Stockholders’ equity” previously reported in the 2012
Condensed Consolidating Balance Sheet. Accordingly, the 2012 Condensed Consolidating Balance Sheet
included herein has been restated.
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