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(Gain) Loss from Divestitures, Asset Impairments and Unusual Items, Net
3 Months Ended
Mar. 31, 2022
(Gain) Loss from Divestitures, Asset Impairments and Unusual Items, Net  
(Gain) Loss from Divestitures, Asset Impairments and Unusual Items, Net

8.  (Gain) Loss from Divestitures, Asset Impairments and Unusual Items, Net

During the first quarter of 2022, we recognized a $17 million charge in our Corporate and Other segment to adjust an indirect wholly-owned subsidiary’s estimated potential share of the liability for a proposed environmental remediation plan at a closed site, as discussed in Note 6.

During the first quarter of 2021, we recognized net charges of $17 million consisting of (i) a $19 million charge pertaining to reserves for loss contingencies in our Corporate and Other segment and (ii) $6 million of asset impairment charges primarily related to our WM Renewable Energy business within our Other segment; which were partially offset by an $8 million gain from divestitures of certain ancillary operations in our Other segment.