XML 31 R16.htm IDEA: XBRL DOCUMENT
v3.25.2

Segment and Related Information | 6 Months Ended
--- | ---
Jun. 30, 2025
Segment and Related Information |
Segment and Related Information | 7. Segment and Related Information Our senior management evaluates, oversees and manages the financial performance of our business through five reportable segments, referred to as (i) East Tier; (ii) West Tier; (iii) Recycling Processing and Sales; (iv) WM Renewable Energy and (v) WM Healthcare Solutions. Our East and West Tiers along with Other Ancillary services that are not managed through our Tier segments, but that support our collection and disposal operations, form our “Collection and Disposal” businesses. We also provide additional services not managed through our five reportable segments, which are presented as Corporate and Other. Summarized financial information concerning our reportable segments for the three and six months ended June 30 is shown in the following table (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Net | ​ | Intercompany | ​ | Gross | ​ | ​ | ​ | Selling, | ​ | Other | ​ | Depreciation, |  | Income |  | Capital
​ | ​ | Operating | ​ | Operating | ​ | Operating | ​ | Operating | ​ | General and | ​ | Net | ​ | Depletion and |  | from |  | Expenditures
​ |  | Revenues |  | Revenues(a) |  | Revenues |  | Expenses |  | Administrative |  | Expenses(f) |  | Amortization |  | Operations(b) |  | (c)
Three Months Ended June 30: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2025 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Collection and Disposal: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  | ​ | ​ |
East Tier | ​ | $ | 2,292 | ​ | $ | 630 | ​ | $ | 2,922 | ​ | $ | 1,833 | ​ | $ | 88 | ​ | $ | 8 | ​ | $ | 272 | ​ | $ | 721 | ​ | $ | 360
West Tier | ​ |  | 2,251 | ​ |  | 554 | ​ |  | 2,805 | ​ |  | 1,721 | ​ |  | 86 | ​ |  | 2 | ​ |  | 239 | ​ |  | 757 | ​ |  | 335
Other Ancillary | ​ |  | 738 | ​ |  | 51 | ​ |  | 789 | ​ |  | 753 | ​ |  | 31 | ​ |  | 16 | ​ |  | 6 | ​ |  | (17) | ​ |  | 12
Collection and Disposal(d)(e) | ​ |  | 5,281 | ​ |  | 1,235 | ​ |  | 6,516 | ​ |  | 4,307 | ​ |  | 205 | ​ |  | 26 | ​ |  | 517 | ​ |  | 1,461 | ​ |  | 707
Recycling Processing and Sales(d) | ​ |  | 381 | ​ | ​ | 101 | ​ |  | 482 | ​ |  | 398 | ​ |  | 14 | ​ |  | 1 | ​ |  | 45 | ​ |  | 24 | ​ |  | 70
WM Renewable Energy(e) | ​ | ​ | 115 | ​ | ​ | — | ​ | ​ | 115 | ​ | ​ | 59 | ​ | ​ | 3 | ​ | ​ | — | ​ | ​ | 15 | ​ | ​ | 38 | ​ | ​ | 115
WM Healthcare Solutions | ​ | ​ | 646 | ​ | ​ | 1 | ​ | ​ | 647 | ​ | ​ | 406 | ​ | ​ | 150 | ​ | ​ | 9 | ​ | ​ | 105 | ​ | ​ | (23) | ​ | ​ | 46
Corporate and Other(e) | ​ |  | 7 | ​ | ​ | 8 | ​ |  | 15 | ​ |  | 7 | ​ |  | 331 | ​ |  | — | ​ |  | 26 | ​ |  | (349) | ​ |  | (123)
Total | ​ | $ | 6,430 | ​ | $ | 1,345 | ​ | $ | 7,775 | ​ | $ | 5,177 | ​ | $ | 703 | ​ | $ | 36 | ​ | $ | 708 | ​ | $ | 1,151 | ​ | $ | 815
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Intercompany Elimination | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (1,345) | ​ | ​ | (1,338) | ​ | ​ | (7) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​
Net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 6,430 | ​ | ​ | 3,839 | ​ | ​ | 696 | ​ | ​ | 36 | ​ | ​ | 708 | ​ | ​ | 1,151 | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Net | ​ | Intercompany | ​ | Gross | ​ | ​ | ​ | Selling, | ​ | Other | ​ | Depreciation, |  | Income |  | Capital
​ | ​ | Operating | ​ | Operating | ​ | Operating | ​ | Operating | ​ | General and | ​ | Net | ​ | Depletion and |  | from |  | Expenditures
​ | ​ | Revenues |  | Revenues(a) |  | Revenues |  | Expenses |  | Administrative |  | Expenses(f) |  | Amortization |  | Operations(b) |  | (c)
2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Collection and Disposal: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  | ​ | ​ |
East Tier | ​ | $ | 2,178 | ​ | $ | 566 | ​ | $ | 2,744 | ​ | $ | 1,708 | ​ | $ | 89 | ​ | $ | 2 | ​ | $ | 253 | ​ | $ | 692 | ​ | $ | 245
West Tier | ​ |  | 2,076 | ​ |  | 518 | ​ |  | 2,594 | ​ |  | 1,614 | ​ |  | 92 | ​ |  | — | ​ |  | 214 | ​ |  | 674 | ​ |  | 218
Other Ancillary | ​ |  | 668 | ​ |  | 45 | ​ |  | 713 | ​ |  | 683 | ​ |  | 29 | ​ |  | — | ​ |  | 8 | ​ |  | (7) | ​ |  | 11
Collection and Disposal(d)(e) | ​ |  | 4,922 | ​ |  | 1,129 | ​ |  | 6,051 | ​ |  | 4,005 | ​ |  | 210 | ​ |  | 2 | ​ |  | 475 | ​ |  | 1,359 | ​ |  | 474
Recycling Processing and Sales(d) | ​ |  | 405 | ​ | ​ | 70 | ​ |  | 475 | ​ |  | 399 | ​ |  | 16 | ​ |  | — | ​ |  | 31 | ​ |  | 29 | ​ |  | 140
WM Renewable Energy(e) | ​ | ​ | 69 | ​ | ​ | 1 | ​ | ​ | 70 | ​ | ​ | 40 | ​ | ​ | 3 | ​ | ​ | — | ​ | ​ | 9 | ​ | ​ | 18 | ​ | ​ | 123
Corporate and Other(e) | ​ |  | 6 | ​ | ​ | 8 | ​ |  | 14 | ​ |  | 50 | ​ |  | 277 | ​ |  | 56 | ​ |  | 28 | ​ |  | (397) | ​ |  | 39
Total | ​ | $ | 5,402 | ​ | $ | 1,208 | ​ | $ | 6,610 | ​ | $ | 4,494 | ​ | $ | 506 | ​ | $ | 58 | ​ | $ | 543 | ​ | $ | 1,009 | ​ | $ | 776
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Intercompany Elimination | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (1,208) | ​ | ​ | (1,203) | ​ | ​ | (5) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​
Net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 5,402 | ​ | ​ | 3,291 | ​ | ​ | 501 | ​ | ​ | 58 | ​ | ​ | 543 | ​ | ​ | 1,009 | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Net | ​ | Intercompany | ​ | Gross | ​ | ​ | ​ | Selling, | ​ | Other | ​ | Depreciation, |  | Income |  | Capital
​ | ​ | Operating | ​ | Operating | ​ | Operating | ​ | Operating | ​ | General and | ​ | Net | ​ | Depletion and |  | from |  | Expenditures
​ |  | Revenues |  | Revenues(a) |  | Revenues |  | Expenses |  | Administrative |  | Expenses(f) |  | Amortization |  | Operations(b) |  | (c)
Six Months Ended June 30: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2025 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Collection and Disposal: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  | ​ | ​ |
East Tier | ​ | $ | 4,432 | ​ | $ | 1,188 | ​ | $ | 5,620 | ​ | $ | 3,523 | ​ | $ | 176 | ​ | $ | 8 | ​ | $ | 523 | ​ | $ | 1,390 | ​ | $ | 557
West Tier | ​ |  | 4,333 | ​ |  | 1,060 | ​ |  | 5,393 | ​ |  | 3,328 | ​ |  | 169 | ​ |  | 2 | ​ |  | 458 | ​ |  | 1,436 | ​ |  | 557
Other Ancillary | ​ |  | 1,438 | ​ |  | 103 | ​ |  | 1,541 | ​ |  | 1,471 | ​ |  | 61 | ​ |  | 16 | ​ |  | 13 | ​ |  | (20) | ​ |  | 29
Collection and Disposal(d)(e) | ​ |  | 10,203 | ​ |  | 2,351 | ​ |  | 12,554 | ​ |  | 8,322 | ​ |  | 406 | ​ |  | 26 | ​ |  | 994 | ​ |  | 2,806 | ​ |  | 1,143
Recycling Processing and Sales(d) | ​ |  | 765 | ​ | ​ | 182 | ​ |  | 947 | ​ |  | 786 | ​ |  | 29 | ​ |  | 6 | ​ |  | 84 | ​ |  | 42 | ​ |  | 108
WM Renewable Energy(e) | ​ | ​ | 206 | ​ | ​ | 1 | ​ | ​ | 207 | ​ | ​ | 114 | ​ | ​ | 6 | ​ | ​ | — | ​ | ​ | 30 | ​ | ​ | 57 | ​ | ​ | 237
WM Healthcare Solutions | ​ | ​ | 1,265 | ​ | ​ | 9 | ​ | ​ | 1,274 | ​ | ​ | 789 | ​ | ​ | 305 | ​ | ​ | 18 | ​ | ​ | 206 | ​ | ​ | (44) | ​ | ​ | 80
Corporate and Other(e) | ​ |  | 9 | ​ | ​ | 16 | ​ |  | 25 | ​ |  | 22 | ​ |  | 649 | ​ |  | 1 | ​ |  | 50 | ​ |  | (697) | ​ |  | (112)
Total | ​ | $ | 12,448 | ​ | $ | 2,559 | ​ | $ | 15,007 | ​ | $ | 10,033 | ​ | $ | 1,395 | ​ | $ | 51 | ​ | $ | 1,364 | ​ | $ | 2,164 | ​ | $ | 1,456
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Intercompany Elimination | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (2,559) | ​ | ​ | (2,547) | ​ | ​ | (12) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​
Net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 12,448 | ​ | ​ | 7,486 | ​ | ​ | 1,383 | ​ | ​ | 51 | ​ | ​ | 1,364 | ​ | ​ | 2,164 | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Net | ​ | Intercompany | ​ | Gross | ​ | ​ | ​ | Selling, | ​ | Other | ​ | Depreciation, |  | Income |  | Capital
​ | ​ | Operating | ​ | Operating | ​ | Operating | ​ | Operating | ​ | General and | ​ | Net | ​ | Depletion and |  | from |  | Expenditures
​ | ​ | Revenues |  | Revenues(a) |  | Revenues |  | Expenses |  | Administrative |  | Expenses(f) |  | Amortization |  | Operations(b) |  | (c)
2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Collection and Disposal: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  | ​ | ​ |
East Tier | ​ | $ | 4,259 | ​ | $ | 1,093 | ​ | $ | 5,352 | ​ | $ | 3,332 | ​ | $ | 178 | ​ | $ | 2 | ​ | $ | 494 | ​ | $ | 1,346 | ​ | $ | 421
West Tier | ​ |  | 4,069 | ​ |  | 1,005 | ​ |  | 5,074 | ​ |  | 3,172 | ​ |  | 183 | ​ |  | — | ​ |  | 418 | ​ |  | 1,301 | ​ |  | 419
Other Ancillary | ​ |  | 1,310 | ​ |  | 89 | ​ |  | 1,399 | ​ |  | 1,339 | ​ |  | 58 | ​ |  | (2) | ​ |  | 13 | ​ |  | (9) | ​ |  | 23
Collection and Disposal(d)(e) | ​ |  | 9,638 | ​ |  | 2,187 | ​ |  | 11,825 | ​ |  | 7,843 | ​ |  | 419 | ​ |  | — | ​ |  | 925 | ​ |  | 2,638 | ​ |  | 863
Recycling Processing and Sales(d) | ​ |  | 773 | ​ | ​ | 138 | ​ |  | 911 | ​ |  | 773 | ​ |  | 30 | ​ |  | — | ​ |  | 60 | ​ |  | 48 | ​ |  | 227
WM Renewable Energy(e) | ​ | ​ | 138 | ​ | ​ | 2 | ​ | ​ | 140 | ​ | ​ | 79 | ​ | ​ | 5 | ​ | ​ | — | ​ | ​ | 17 | ​ | ​ | 39 | ​ | ​ | 214
Corporate and Other(e) | ​ |  | 12 | ​ | ​ | 13 | ​ |  | 25 | ​ |  | 66 | ​ |  | 548 | ​ |  | 56 | ​ |  | 55 | ​ |  | (700) | ​ |  | 25
Total | ​ | $ | 10,561 | ​ | $ | 2,340 | ​ | $ | 12,901 | ​ | $ | 8,761 | ​ | $ | 1,002 | ​ | $ | 56 | ​ | $ | 1,057 | ​ | $ | 2,025 | ​ | $ | 1,329
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Intercompany Elimination | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (2,340) | ​ | ​ | (2,330) | ​ | ​ | (10) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​
Net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 10,561 | ​ | ​ | 6,431 | ​ | ​ | 992 | ​ | ​ | 56 | ​ | ​ | 1,057 | ​ | ​ | 2,025 | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(a) | Intercompany operating revenues reflect each segment’s total intercompany sales, including intercompany sales within a segment and between segments. Transactions within and between segments are generally made on a basis intended to reflect the market value of the service.
(b) | For those items included in the determination of income from operations, the accounting policies of the segments are the same as those described in Note 1.
(c) | Includes non-cash items. Additionally, our Corporate and Other business recognizes construction work in progress for fleet purchases during the period. Capital expenditures are reported in our reportable segments at the time they are recorded within the segments’ property and equipment balances and, therefore, include timing differences for amounts accrued but not yet paid as well as amounts transferred from Corporate and Other for fleet placed in service.
(d) | Certain fees related to the processing of recyclable material we collect are included within our Collection and Disposal businesses. The amounts in income from operations for the three and six months ended June 30, 2025 are $20 million and $40 million, respectively. The amounts in income from operations for three and six months ended June 30, 2024, are $26 million and $48 million, respectively.
(e) | WM Renewable Energy pays a 15% intercompany royalty to our Collection and Disposal and Corporate and Other businesses for landfill gas. The total amount of royalties in gross and intercompany operating revenues for the East Tier, West Tier, and Corporate and Other and in operating expenses for WM Renewable Energy for the three and six months ended June 30, 2025 are $17 million and $31 million, respectively. The total amount of royalties in gross and intercompany operating revenues for the East Tier, West Tier, and Corporate and Other and in operating expenses for WM Renewable Energy for the three and six months ended June 30, 2024 are $11 million and $21 million,
| respectively. Prior to the fourth quarter of 2024, amounts related to intercompany royalty payments were adjusted through income from operations. Prior periods have been recast to conform to current year presentation.
(f) | Other net expenses include restructuring expenses, (gain) loss from divestitures, and asset impairments and unusual items, net.
Total assets by reportable segment are presented in the table below as follows (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31,
​ |  | 2025 |  | 2024
Collection and Disposal: | ​ | ​ | ​ | ​ | ​ | ​
East Tier | ​ | $ | 15,875 | ​ | $ | 15,328
West Tier | ​ | ​ | 11,933 | ​ | ​ | 11,786
Other Ancillary | ​ | ​ | 819 | ​ | ​ | 779
Collection and Disposal | ​ | ​ | 28,627 | ​ | ​ | 27,893
Recycling Processing and Sales | ​ |  | 2,850 | ​ |  | 2,686
WM Renewable Energy | ​ |  | 1,788 | ​ |  | 1,544
WM Healthcare Solutions | ​ | ​ | 9,218 | ​ | ​ | 9,406
Corporate and Other | ​ | ​ | 4,151 | ​ | ​ | 3,785
Elimination of intercompany investments and advances | ​ | ​ | (912) | ​ | ​ | (747)
Total assets, per Condensed Consolidated Balance Sheet | ​ | $ | 45,722 | ​ | $ | 44,567
​ The mix of operating revenues from our major lines of business for the three and six months ended June 30 are as follows (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Net | ​ | Intercompany | ​ | Gross
​ |  | Operating | ​ | Operating | ​ | Operating
​ | ​ | Revenues |  | Revenues (a)(b) |  | Revenues
Three Months Ended June 30: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2025 |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial |  | $ | 1,398 | ​ | $ | 220 | ​ | $ | 1,618
Industrial | ​ |  | 790 | ​ | ​ | 223 | ​ |  | 1,013
Residential | ​ | ​ | 872 | ​ | ​ | 22 | ​ | ​ | 894
Other collection | ​ |  | 796 | ​ |  | 68 | ​ |  | 864
Total collection | ​ |  | 3,856 | ​ |  | 533 | ​ |  | 4,389
Landfill | ​ | ​ | 1,036 | ​ | ​ | 410 | ​ | ​ | 1,446
Transfer | ​ | ​ | 389 | ​ | ​ | 292 | ​ | ​ | 681
Total Collection and Disposal | ​ |  | 5,281 | ​ |  | 1,235 | ​ |  | 6,516
Recycling Processing and Sales | ​ |  | 381 | ​ |  | 101 | ​ |  | 482
WM Renewable Energy | ​ |  | 115 | ​ |  | — | ​ |  | 115
WM Healthcare Solutions | ​ | ​ | 646 | ​ | ​ | 1 | ​ | ​ | 647
Corporate and Other | ​ | ​ | 7 | ​ | ​ | 8 | ​ | ​ | 15
Total | ​ | $ | 6,430 | ​ | $ | 1,345 | ​ | $ | 7,775
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial |  | $ | 1,330 | ​ | $ | 196 | ​ | $ | 1,526
Industrial | ​ |  | 779 | ​ | ​ | 199 | ​ |  | 978
Residential | ​ | ​ | 863 | ​ | ​ | 23 | ​ | ​ | 886
Other collection | ​ |  | 729 | ​ |  | 52 | ​ |  | 781
Total collection | ​ |  | 3,701 | ​ |  | 470 | ​ |  | 4,171
Landfill | ​ | ​ | 873 | ​ | ​ | 389 | ​ | ​ | 1,262
Transfer | ​ | ​ | 348 | ​ | ​ | 270 | ​ | ​ | 618
Total Collection and Disposal | ​ |  | 4,922 | ​ |  | 1,129 | ​ |  | 6,051
Recycling Processing and Sales | ​ |  | 405 | ​ |  | 70 | ​ |  | 475
WM Renewable Energy | ​ |  | 69 | ​ |  | 1 | ​ |  | 70
Corporate and Other | ​ | ​ | 6 | ​ | ​ | 8 | ​ | ​ | 14
Total | ​ | $ | 5,402 | ​ | $ | 1,208 | ​ | $ | 6,610
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Net | ​ | Intercompany | ​ | Gross
​ |  | Operating | ​ | Operating | ​ | Operating
​ | ​ | Revenues |  | Revenues (a)(b) |  | Revenues
Six Months Ended June 30: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2025 |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial |  | $ | 2,778 | ​ | $ | 434 | ​ | $ | 3,212
Industrial | ​ |  | 1,531 | ​ | ​ | 422 | ​ |  | 1,953
Residential | ​ | ​ | 1,744 | ​ | ​ | 44 | ​ | ​ | 1,788
Other collection | ​ |  | 1,549 | ​ |  | 140 | ​ |  | 1,689
Total collection | ​ |  | 7,602 | ​ |  | 1,040 | ​ |  | 8,642
Landfill | ​ | ​ | 1,876 | ​ | ​ | 763 | ​ | ​ | 2,639
Transfer | ​ | ​ | 725 | ​ | ​ | 548 | ​ | ​ | 1,273
Total Collection and Disposal | ​ |  | 10,203 | ​ |  | 2,351 | ​ |  | 12,554
Recycling Processing and Sales | ​ |  | 765 | ​ |  | 182 | ​ |  | 947
WM Renewable Energy | ​ |  | 206 | ​ |  | 1 | ​ |  | 207
WM Healthcare Solutions | ​ | ​ | 1,265 | ​ | ​ | 9 | ​ | ​ | 1,274
Corporate and Other | ​ | ​ | 9 | ​ | ​ | 16 | ​ | ​ | 25
Total | ​ | $ | 12,448 | ​ | $ | 2,559 | ​ | $ | 15,007
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial |  | $ | 2,646 | ​ | $ | 381 | ​ | $ | 3,027
Industrial | ​ |  | 1,526 | ​ | ​ | 386 | ​ |  | 1,912
Residential | ​ | ​ | 1,717 | ​ | ​ | 45 | ​ | ​ | 1,762
Other collection | ​ |  | 1,427 | ​ |  | 105 | ​ |  | 1,532
Total collection | ​ |  | 7,316 | ​ |  | 917 | ​ |  | 8,233
Landfill | ​ | ​ | 1,665 | ​ | ​ | 749 | ​ | ​ | 2,414
Transfer | ​ | ​ | 657 | ​ | ​ | 521 | ​ | ​ | 1,178
Total Collection and Disposal | ​ |  | 9,638 | ​ |  | 2,187 | ​ |  | 11,825
Recycling Processing and Sales | ​ |  | 773 | ​ |  | 138 | ​ |  | 911
WM Renewable Energy | ​ |  | 138 | ​ |  | 2 | ​ |  | 140
Corporate and Other | ​ | ​ | 12 | ​ | ​ | 13 | ​ | ​ | 25
Total | ​ | $ | 10,561 | ​ | $ | 2,340 | ​ | $ | 12,901
(a) | Intercompany operating revenues reflect each segment’s total intercompany sales, including intercompany sales within a segment and between segments. Transactions within and between segments are generally made on a basis intended to reflect the market value of the service.
(b) | Beginning with the 2024 Form 10-K, the Company adjusted gross and intercompany operating revenues to reflect the 15% royalty paid by WM Renewable Energy to our Collection and Disposal and Corporate and Other businesses for the purchase of landfill gas. There was no change to net operating revenues. Prior periods have been recast to conform to current presentation.
Our financial and operating results may fluctuate for many reasons, including period-to-period changes in the relative contribution of revenue by each line of business, changes in commodity prices and general economic conditions. Our operating revenues and volumes typically experience seasonal increases in the summer months that are reflected in second and third quarter revenues and results of operations. Service or operational disruptions caused by severe storms, extended periods of inclement weather or climate events can significantly affect the operating results of the geographic areas affected. Extreme weather events may also lead to supply chain disruption and delayed project development, or disruption of our customers’ businesses, reducing the amount of waste generated by their operations. Conversely, certain destructive weather and climate conditions, such as wildfires in the Western U.S. and hurricanes that most often impact our operations in the Southern and Eastern U.S. during the second half of the year, can increase our revenues in the geographic areas affected as a result of the waste volumes generated by these events. While weather-related and other event-driven special projects can boost revenues through additional work for a limited time, due to significant start-up costs and other factors, such revenue can generate earnings at comparatively lower margins.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-15 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 11: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 12: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 13: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 14: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 15: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 16: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 17: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-34 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/280/tableOfContent Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration