Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Waste Management Inc., consolidated balance sheet: assets

US$ in millions

	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Cash and cash equivalents	118)	553)	3,561)	61)	22)
Accounts receivable, net of allowance for doubtful accounts	2,278)	2,097)	1,949)	1,931)	1,805)
Other receivables, net of allowance for doubtful accounts	268)	527)	370)	344)	569)
Parts and supplies	135)	124)	106)	102)	96)
Other assets	270)	239)	223)	207)	132)
Current assets	3,069)	3,540)	6,209)	2,645)	2,624)
Property and equipment, net of accumulated depreciation and amortization	14,419)	14,148)	12,893)	11,942)	11,559)
Goodwill	9,028)	8,994)	6,532)	6,430)	6,247)
Other intangible assets, net	898)	1,024)	521)	572)	547)
Restricted trust and escrow accounts	348)	347)	313)	296)	319)
Equity method investments	335)	314)	377)	257)	127)
Investments without readily determinable fair values	48)	63)	57)	83)	87)
Redeemable preferred stock	49)	49)	49)	66)	55)
Investments in unconsolidated entities	432)	426)	483)	406)	269)
Other assets	903)	866)	792)	359)	264)
Long-term assets	26,028)	25,805)	21,534)	20,005)	19,205)
Total assets	29,097)	29,345)	27,743)	22,650)	21,829)

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Assets: Selected Items

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Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Waste Management Inc. current assets decreased from 2019 to 2020 and from 2020 to 2021.
Property and equipment, net of accumulated depreciation and amortization	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Waste Management Inc. property and equipment, net of accumulated depreciation and amortization increased from 2019 to 2020 and from 2020 to 2021.
Long-term assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	Waste Management Inc. long-term assets increased from 2019 to 2020 and from 2020 to 2021.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Waste Management Inc. total assets increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.

Current Assets: Selected Items

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Balance sheet item	Description	The company
Cash and cash equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	Waste Management Inc. cash and cash equivalents decreased from 2019 to 2020 and from 2020 to 2021.
Accounts receivable, net of allowance for doubtful accounts	Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.	Waste Management Inc. accounts receivable, net of allowance for doubtful accounts increased from 2019 to 2020 and from 2020 to 2021.
Parts and supplies	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Waste Management Inc. parts and supplies increased from 2019 to 2020 and from 2020 to 2021.

Waste Management Inc. (NYSE:WM)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items