Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Waste Management Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017
Accounts payable	1,375)	1,466)	1,393)	1,212)	1,121)	884)	904)	1,031)	1,065)	903)	908)	899)	1,037)	940)	829)	791)	1,040)	789)	808)	720)
Accrued liabilities	1,428)	1,473)	1,372)	1,281)	1,342)	1,259)	1,184)	1,155)	1,327)	1,358)	1,296)	1,158)	1,117)	1,171)	1,131)	1,031)	980)	1,136)	1,075)	963)
Deferred revenues	571)	562)	557)	548)	539)	496)	494)	497)	534)	517)	526)	512)	522)	512)	517)	495)	503)	484)	497)	479)
Current portion of long-term debt	708)	601)	361)	244)	551)	167)	3,190)	387)	218)	211)	116)	1,043)	432)	447)	828)	1,056)	739)	850)	390)	396)
Current liabilities	4,082)	4,102)	3,683)	3,285)	3,553)	2,806)	5,772)	3,070)	3,144)	2,989)	2,846)	3,612)	3,108)	3,070)	3,305)	3,373)	3,262)	3,259)	2,770)	2,558)
Long-term debt, less current portion	12,697)	12,446)	12,883)	13,244)	13,259)	10,255)	9,598)	13,065)	13,280)	13,147)	12,623)	9,323)	9,594)	9,569)	8,968)	8,901)	8,752)	8,495)	8,667)	8,646)
Deferred income taxes	1,694)	1,708)	1,744)	1,805)	1,806)	1,468)	1,367)	1,387)	1,407)	1,331)	1,289)	1,297)	1,291)	1,245)	1,250)	1,258)	1,248)	1,452)	1,487)	1,521)
Landfill and environmental remediation liabilities	2,373)	2,345)	2,299)	2,262)	2,222)	2,037)	2,030)	1,991)	1,930)	1,917)	1,900)	1,866)	1,828)	1,832)	1,810)	1,795)	1,770)	1,727)	1,712)	1,692)
Other liabilities	1,125)	1,066)	1,074)	1,045)	1,051)	1,049)	959)	920)	912)	938)	861)	858)	553)	634)	625)	714)	755)	716)	696)	695)
Long-term liabilities	17,889)	17,565)	18,000)	18,356)	18,338)	14,809)	13,954)	17,363)	17,529)	17,333)	16,673)	13,344)	13,266)	13,280)	12,653)	12,668)	12,525)	12,390)	12,562)	12,554)
Total liabilities	21,971)	21,667)	21,683)	21,641)	21,891)	17,615)	19,726)	20,433)	20,673)	20,322)	19,519)	16,956)	16,374)	16,350)	15,958)	16,041)	15,787)	15,649)	15,332)	15,112)
Common stock, $0.01 par value	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)
Additional paid-in capital	5,169)	5,111)	5,104)	5,071)	5,129)	5,104)	5,040)	5,026)	5,049)	5,026)	4,962)	4,978)	4,993)	4,927)	4,935)	4,916)	4,933)	4,806)	4,828)	4,885)
Retained earnings	12,004)	11,740)	11,444)	11,337)	11,159)	10,952)	10,795)	10,718)	10,592)	10,364)	10,088)	9,924)	9,797)	9,464)	9,166)	8,867)	8,588)	7,871)	7,671)	7,497)
Accumulated other comprehensive income (loss)	17)	12)	70)	48)	39)	(16)	(41)	(91)	(8)	(33)	(22)	(53)	(87)	(16)	(49)	(28)	8)	14)	(33)	(66)
Treasury stock at cost	(10,072)	(9,697)	(9,272)	(9,035)	(8,881)	(8,891)	(8,909)	(8,916)	(8,571)	(8,578)	(8,568)	(8,440)	(8,434)	(8,142)	(8,004)	(7,717)	(7,516)	(7,419)	(6,986)	(6,805)
Total Waste Management, Inc. stockholders’ equity	7,124)	7,172)	7,352)	7,427)	7,452)	7,155)	6,891)	6,743)	7,068)	6,785)	6,466)	6,415)	6,275)	6,239)	6,054)	6,044)	6,019)	5,278)	5,486)	5,517)
Noncontrolling interests	2)	2)	2)	2)	2)	2)	2)	2)	2)	2)	1)	2)	1)	2)	2)	21)	23)	22)	21)	21)
Total equity	7,126)	7,174)	7,354)	7,429)	7,454)	7,157)	6,893)	6,745)	7,070)	6,787)	6,467)	6,417)	6,276)	6,241)	6,056)	6,065)	6,042)	5,300)	5,507)	5,538)
Total liabilities and equity	29,097)	28,841)	29,037)	29,070)	29,345)	24,772)	26,619)	27,178)	27,743)	27,109)	25,986)	23,373)	22,650)	22,591)	22,014)	22,106)	21,829)	20,949)	20,839)	20,650)

Accounts payable: Accounts payable demonstrated overall growth from 720 million US$ in Q1 2017 to 1,375 million US$ in Q4 2021, with fluctuations including a notable peak around Q4 2020 at 1,121 million US$ and continued increase through 2021, reaching above 1,400 million US$ before slightly retreating.
Accrued liabilities: Accrued liabilities increased steadily over the observed period from 963 million US$ in early 2017 to approximately 1,428 million US$ by end of 2021, showing consistent upward movement with minor periodic variations.
Deferred revenues: Deferred revenues were relatively stable with a slight upward trend, hovering around 479 million US$ in Q1 2017 and increasing moderately to 571 million US$ by Q4 2021, indicating stable future revenue expectations.
Current portion of long-term debt: This item exhibited significant volatility, with values ranging from 116 million US$ to a peak of 3,190 million US$ in Q2 2020. This fluctuation reflects periods of refinancing or reclassification of debt liabilities.
Current liabilities: Current liabilities fluctuated, generally increasing from 2,558 million US$ in Q1 2017 to peak at 5,772 million US$ in Q2 2020, then decreasing to around 4,082 million US$ by Q4 2021, demonstrating substantial short-term liability changes particularly during 2020.
Long-term debt, less current portion: Long-term debt showed an increasing trend from 8,646 million US$ in Q1 2017 to a high of 13,280 million US$ in Q4 2019, followed by a dip and then fluctuations around 12,000-13,000 million US$ through 2021, indicating active debt management.
Deferred income taxes: Deferred income taxes slightly decreased through 2017 but rose steadily after 2018, increasing from approximately 1,248 million US$ to 1,694 million US$ by end of 2021, signifying growth in tax deferral obligations.
Landfill and environmental remediation liabilities: These liabilities showed a steady upward trajectory from 1,692 million US$ in early 2017 to 2,373 million US$ at the end of 2021, reflecting increasing associated obligations or provisions in this category.
Other liabilities: Other liabilities experienced minor fluctuations with a general rising trend from 695 million US$ to 1,125 million US$ by late 2021, indicating growing miscellaneous commitments.
Long-term liabilities: Long-term liabilities were relatively stable around 12,500-13,500 million US$ from 2017 through 2018, then surged notably to above 18,000 million US$ in 2020-2021 before modest decline, suggesting increased long-term obligations during that period.
Total liabilities: Total liabilities rose from approximately 15,112 million US$ in early 2017 to a peak exceeding 21,900 million US$ by late 2021, confirming a notable expansion in overall debt and obligations over the five-year span.
Common stock, $0.01 par value: The common stock par value remained constant at 6 million US$ throughout the entire period, indicating no changes in par value or outstanding shares affecting this line item.
Additional paid-in capital: Additional paid-in capital remained fairly stable between 4,800 and 5,100 million US$, with minor variances indicating limited shareholder capital adjustments.
Retained earnings: Retained earnings showed a consistent upward trend from 7,497 million US$ in Q1 2017 to 12,004 million US$ by Q4 2021, reflecting accumulated profits and positive earnings retention over time.
Accumulated other comprehensive income (loss): Accumulated other comprehensive income (loss) fluctuated notably, displaying negative values earlier with to positive shifts after 2020, ending at positive 17 million US$, indicating improved comprehensive income components.
Treasury stock at cost: Treasury stock steadily increased in negative value, from -6,805 million US$ to -10,072 million US$, showing significant ongoing buyback or retirement of shares representing growing cost basis of treasury stock.
Total Waste Management, Inc. stockholders’ equity: Stockholders’ equity fluctuated but generally increased from 5,517 million US$ in early 2017 to a peak over 7,400 million US$ in 2020-2021 before modest declines to approximately 7,124 million US$ at the end of 2021, suggesting reasonable equity growth tempered by treasury stock activity.
Noncontrolling interests: Noncontrolling interests remained minimal and nearly unchanged throughout, indicating negligible impact from minority shareholders.
Total equity: Total equity followed the pattern of stockholders' equity, rising from approximately 5,538 million US$ to 7,426 million US$ in early 2021, then declining slightly, reinforcing a general equity growth trend with later softening.
Total liabilities and equity: The combined total of liabilities and equity increased over time from 20,650 million US$ in Q1 2017 to just over 29,000 million US$ by end 2021, indicating overall growth of the balance sheet and the company's scale during the period.

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Waste Management Inc. (NYSE:WM)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data