Waste Management 2015 Annual Report Download - page 137

WASTE MANAGEMENT, INC.
CONSOLIDATED BALANCE SHEETS
(In Millions, Except Share and Par Value Amounts)
December 31,
2015 2014
ASSETS
Current assets:
Cash and cash equivalents ................................................. $ 39 $ 1,307
Accounts receivable, net of allowance for doubtful accounts of $25 and $30,
respectively .......................................................... 1,549 1,587
Other receivables ........................................................ 545 350
Parts and supplies ....................................................... 92 106
Other assets ............................................................ 120 176
Total current assets .................................................. 2,345 3,526
Property and equipment, net of accumulated depreciation and amortization of $16,420 and
$15,968, respectively ....................................................... 10,665 10,657
Goodwill .................................................................. 5,984 5,740
Other intangible assets, net .................................................... 477 440
Investments in unconsolidated entities ........................................... 360 408
Other assets ................................................................ 588 526
Total assets ........................................................ $20,419 $21,297
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable ....................................................... $ 721 $ 740
Accrued liabilities ....................................................... 1,064 1,180
Deferred revenues ....................................................... 472 475
Current portion of long-term debt ........................................... 253 1,090
Total current liabilities ............................................... 2,510 3,485
Long-term debt, less current portion ............................................. 8,728 8,345
Deferred income taxes ........................................................ 1,391 1,338
Landfill and environmental remediation liabilities .................................. 1,584 1,531
Other liabilities ............................................................. 839 709
Total liabilities ..................................................... 15,052 15,408
Commitments and contingencies
Equity:
Waste Management, Inc. stockholders’ equity:
Common stock, $0.01 par value; 1,500,000,000 shares authorized; 630,282,461
shares issued ..................................................... 66
Additional paid-in capital ............................................. 4,827 4,585
Retained earnings ................................................... 6,939 6,888
Accumulated other comprehensive income (loss) .......................... (127) 23
Treasury stock at cost, 183,105,326 and 171,745,077 shares, respectively ....... (6,300) (5,636)
Total Waste Management, Inc. stockholders’ equity .................... 5,345 5,866
Noncontrolling interests .................................................. 22 23
Total equity ........................................................ 5,367 5,889
Total liabilities and equity ............................................. $20,419 $21,297
See notes to Consolidated Financial Statements.
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