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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 553 $ 3,561
Accounts receivable, net of allowance for doubtful accounts of $33 and $28, respectively 2,097 1,949
Other receivables, net of allowance for doubtful accounts of $7 and $1, respectively 527 370
Parts and supplies 124 106
Other assets 239 223
Total current assets 3,540 6,209
Property and equipment, net of accumulated depreciation and amortization of $20,095 and $18,657, respectively 14,148 12,893
Goodwill 8,994 6,532
Other intangible assets, net 1,024 521
Restricted trust and escrow accounts 347 313
Investments in unconsolidated entities 426 483
Other assets 866 792
Total assets 29,345 27,743
Current liabilities:    
Accounts payable 1,121 1,065
Accrued liabilities 1,342 1,327
Deferred revenues 539 534
Current portion of long-term debt 551 218
Total current liabilities 3,553 3,144
Long-term debt, less current portion 13,259 13,280
Deferred income taxes 1,806 1,407
Landfill and environmental remediation liabilities 2,222 1,930
Other liabilities 1,051 912
Total liabilities 21,891 20,673
Commitments and contingencies
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 5,129 5,049
Retained earnings 11,159 10,592
Accumulated other comprehensive income (loss) 39 (8)
Treasury stock at cost, 207,480,827 and 205,956,366 shares, respectively (8,881) (8,571)
Total Waste Management, Inc. stockholders' equity 7,452 7,068
Noncontrolling interests 2 2
Total equity 7,454 7,070
Total liabilities and equity $ 29,345 $ 27,743