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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Consolidated net income $ 2,240 $ 1,817 $ 1,496
Adjustments to reconcile consolidated net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 2,038 1,999 1,671
Deferred income tax expense (benefit) 49 (77) 165
Interest accretion on landfill and environmental remediation liabilities 112 111 103
Provision for bad debts 50 37 54
Equity-based compensation expense 84 108 94
Net gain on disposal of assets (21) (25) (9)
(Gain) loss from divestitures, asset impairments and other, net 62 (16) 43
Equity in net losses of unconsolidated entities, net of dividends 67 38 60
Loss on early extinguishment of debt, net   220 53
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:      
Receivables (329) 28 (179)
Other current assets (35) (39) 10
Other assets 42 34 53
Accounts payable and accrued liabilities 393 206 (37)
Deferred revenues and other liabilities (216) (103) (174)
Net cash provided by operating activities 4,536 4,338 3,403
Cash flows from investing activities:      
Acquisitions of businesses, net of cash acquired (377) (75) (4,085)
Capital expenditures (2,587) (1,904) (1,632)
Proceeds from divestitures of businesses and other assets, net of cash divested 27 96 885
Other, net (126) (11) (15)
Net cash used in investing activities (3,063) (1,894) (4,847)
Cash flows from financing activities:      
New borrowings 8,688 7,948 9,420
Debt repayments (7,328) (8,404) (9,629)
Premiums and other paid on early extinguishment of debt   (211) (30)
Common stock repurchase program (1,500) (1,350) (402)
Cash dividends (1,077) (970) (927)
Exercise of common stock options 44 66 63
Tax payments associated with equity-based compensation transactions (39) (28) (34)
Other, net (4) 49 (20)
Net cash used in financing activities (1,216) (2,900) (1,559)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents (6) 2 4
Increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents 251 (454) (2,999)
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period 194 648 3,647
Cash, cash equivalents and restricted cash and cash equivalents at end of period $ 445 $ 194 $ 648