$WM
WASTE MANAGEMENT INC

2016 Q4 Form 10-K Financial Statement

#000119312517046480 Filed on February 16, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2016
Revenue $3.460B $3.548B $13.61B
YoY Change 6.59% 5.6% 5.0%
Cost Of Revenue $1.873B $2.216B $8.486B
YoY Change 6.0% 5.78% 3.1%
Gross Profit $1.587B $1.332B $5.123B
YoY Change 7.3% 5.3% 8.31%
Gross Profit Margin 45.87% 37.54% 37.64%
Selling, General & Admin $652.0M $330.0M $1.410B
YoY Change 8.13% 0.0% 4.99%
% of Gross Profit 41.08% 24.77% 27.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $313.0M $336.0M $1.301B
YoY Change 3.99% 1.82% 4.5%
% of Gross Profit 19.72% 25.23% 25.4%
Operating Expenses $965.0M $330.0M $1.410B
YoY Change 6.75% 0.0% 4.99%
Operating Profit $617.0M $560.0M $2.296B
YoY Change 22.91% -6.82% 12.27%
Interest Expense -$106.0M -$94.00M -$376.0M
YoY Change 9.28% -1.05% -2.34%
% of Operating Profit -17.18% -16.79% -16.38%
Other Income/Expense, Net -$1.000M $0.00 -$50.00M
YoY Change -80.0% -100.0% 614.29%
Pretax Income $510.0M $457.0M $1.822B
YoY Change 28.46% -7.86% 71.89%
Income Tax $176.0M $153.0M $642.0M
% Of Pretax Income 34.51% 33.48% 35.24%
Net Earnings $335.0M $302.0M $1.182B
YoY Change 22.71% -9.85% 56.97%
Net Earnings / Revenue 9.68% 8.51% 8.69%
Basic Earnings Per Share $0.76 $0.68 $2.66
Diluted Earnings Per Share $0.75 $0.68 $2.65
COMMON SHARES
Basic Shares Outstanding 442.0M shares 442.9M shares 443.5M shares
Diluted Shares Outstanding 445.7M shares 446.5M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2016
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.00M $30.00M $32.00M
YoY Change -17.95% -73.45% -17.95%
Cash & Equivalents $32.00M $30.00M $32.00M
Short-Term Investments
Other Short-Term Assets $122.0M $130.0M $122.0M
YoY Change 1.67% 15.04% 1.67%
Inventory $90.00M $93.00M $90.00M
Prepaid Expenses
Receivables $1.700B $1.716B $1.700B
Other Receivables $432.0M $324.0M $432.0M
Total Short-Term Assets $2.376B $2.293B $2.376B
YoY Change 1.32% -4.42% 1.32%
LONG-TERM ASSETS
Property, Plant & Equipment $10.95B $10.84B $10.95B
YoY Change 2.67% 1.72% 2.67%
Goodwill $6.215B $6.227B
YoY Change 3.86% 5.79%
Intangibles $591.0M $617.0M
YoY Change 23.9% 24.65%
Long-Term Investments $173.0M $326.0M $320.0M
YoY Change -6.99% -12.83% -11.11%
Other Assets $407.0M $451.0M $407.0M
YoY Change -24.07% -23.43% -24.07%
Total Long-Term Assets $18.48B $18.46B $18.48B
YoY Change 2.56% 2.56% 2.56%
TOTAL ASSETS
Total Short-Term Assets $2.376B $2.293B $2.376B
Total Long-Term Assets $18.48B $18.46B $18.48B
Total Assets $20.86B $20.76B $20.86B
YoY Change 2.42% 1.74% 2.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $799.0M $689.0M $799.0M
YoY Change 10.82% 2.68% 10.82%
Accrued Expenses $1.085B $1.068B $1.085B
YoY Change 1.97% -2.47% 1.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $230.0M
YoY Change
Long-Term Debt Due $417.0M $432.0M $187.0M
YoY Change 64.82% 100.93% -26.09%
Total Short-Term Liabilities $2.794B $2.664B $2.794B
YoY Change 11.31% 9.09% 11.31%
LONG-TERM LIABILITIES
Long-Term Debt $8.893B $8.829B $8.893B
YoY Change 2.5% -0.07% 2.5%
Other Long-Term Liabilities $695.0M $769.0M $2.370B
YoY Change -17.16% -0.52% -2.19%
Total Long-Term Liabilities $695.0M $769.0M $11.26B
YoY Change -17.16% -0.52% 1.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.794B $2.664B $2.794B
Total Long-Term Liabilities $695.0M $769.0M $11.26B
Total Liabilities $15.54B $15.37B $15.56B
YoY Change 3.59% 1.51% 3.59%
SHAREHOLDERS EQUITY
Retained Earnings $7.388B $7.235B
YoY Change 6.47% 5.77%
Common Stock $4.856B $4.880B
YoY Change 0.48% 1.43%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.867B $6.693B
YoY Change 9.0% 5.82%
Treasury Stock Shares 191.0M shares 188.3M shares
Shareholders Equity $5.297B $5.359B $5.297B
YoY Change
Total Liabilities & Shareholders Equity $20.86B $20.76B $20.86B
YoY Change 2.42% 1.74% 2.42%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2016
OPERATING ACTIVITIES
Net Income $335.0M $302.0M $1.182B
YoY Change 22.71% -9.85% 56.97%
Depreciation, Depletion And Amortization $313.0M $336.0M $1.301B
YoY Change 3.99% 1.82% 4.5%
Cash From Operating Activities $754.0M $758.0M $3.006B
YoY Change 43.35% 15.37% 18.91%
INVESTING ACTIVITIES
Capital Expenditures -$377.0M -$333.0M $1.347B
YoY Change 2.17% -0.6% 9.6%
Acquisitions $611.0M
YoY Change 10.29%
Other Investing Activities -$5.000M -$31.00M $4.000M
YoY Change -91.38% -193.94% -233.33%
Cash From Investing Activities -$382.0M -$364.0M -$1.932B
YoY Change -10.54% 20.53% 20.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $725.0M
YoY Change 20.83%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -370.0M -402.0M -1.081B
YoY Change 115.12% -21.79% -50.53%
NET CHANGE
Cash From Operating Activities 754.0M 758.0M 3.006B
Cash From Investing Activities -382.0M -364.0M -1.932B
Cash From Financing Activities -370.0M -402.0M -1.081B
Net Change In Cash 2.000M -8.000M -7.000M
YoY Change -102.74% -94.97% -99.45%
FREE CASH FLOW
Cash From Operating Activities $754.0M $758.0M $3.006B
Capital Expenditures -$377.0M -$333.0M $1.347B
Free Cash Flow $1.131B $1.091B $1.659B
YoY Change 26.37% 9.98% 27.71%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
23000000
CY2014Q4 us-gaap Goodwill
Goodwill
5740000000
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10657000000
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5889000000
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16420000000
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
447200000 shares
CY2017Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
439703007 shares
CY2016Q2 dei Entity Public Float
EntityPublicFloat
29200000000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
58000000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
154000000
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6002000000
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
49000000
CY2013Q4 wm Net Insurance Claims Liability
NetInsuranceClaimsLiability
393000000
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
458500000 shares
CY2014Q4 us-gaap Accrual For Environmental Loss Contingencies Discount Rate
AccrualForEnvironmentalLossContingenciesDiscountRate
0.0200 pure
CY2014Q4 us-gaap Assets
Assets
21252000000
CY2014Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
6000000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1307000000
CY2014Q4 us-gaap Business Combination Liabilities Arising From Contingencies Amount Recognized
BusinessCombinationLiabilitiesArisingFromContingenciesAmountRecognized
6000000
CY2014Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
9000000
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
42000000
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2014Q4 wm Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedGoodwill
17000000
CY2014Q4 wm Net Insurance Claims Liability
NetInsuranceClaimsLiability
414000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
828000000
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
1584000000
CY2015Q4 us-gaap Accrual For Environmental Loss Contingencies Discount Rate
AccrualForEnvironmentalLossContingenciesDiscountRate
0.0225 pure
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
630282461 shares
CY2015Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
1182000000
CY2015Q4 us-gaap Assets
Assets
20367000000
CY2015Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
166000000
CY2015Q4 us-gaap Cost Method Investments
CostMethodInvestments
174000000
CY2015Q4 us-gaap Accrued Capping Closure Post Closure And Environmental Costs
AccruedCappingClosurePostClosureAndEnvironmentalCosts
143000000
CY2015Q4 us-gaap Assets Current
AssetsCurrent
2345000000
CY2015Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
243000000
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
373000000
CY2015Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
96000000
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1500000000 shares
CY2015Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4827000000
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
273000000
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
709000000
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
25000000
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1549000000
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
6000000
CY2015Q4 us-gaap Business Combination Liabilities Arising From Contingencies Amount Recognized
BusinessCombinationLiabilitiesArisingFromContingenciesAmountRecognized
96000000
CY2015Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
145000000
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
186000000
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
721000000
CY2015Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
472000000
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-127000000
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
773000000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
39000000
CY2015Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
8929000000
CY2015Q4 us-gaap Debt Current
DebtCurrent
253000000
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1391000000
CY2015Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1064000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
351000000
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
120000000
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
477000000
CY2015Q4 us-gaap Liabilities
Liabilities
15000000000
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20367000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
477000000
CY2015Q4 us-gaap Goodwill
Goodwill
5984000000
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
839000000
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2510000000
CY2015Q4 us-gaap Minority Interest
MinorityInterest
22000000
CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
360000000
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
536000000
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
56000000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8676000000
CY2015Q4 us-gaap Other Receivables
OtherReceivables
545000000
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10665000000
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
27085000000
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
5345000000
CY2015Q4 us-gaap Supplies
Supplies
92000000
CY2015Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
105000000
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5367000000
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
71000000
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
6939000000
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
183105326 shares
CY2015Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
5900000000
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2015Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
3000000
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
6300000000
CY2015Q4 wm Deferred Tax Assets Net Operating Loss Capital Loss And Tax Credit Carry Forwards
DeferredTaxAssetsNetOperatingLossCapitalLossAndTaxCreditCarryForwards
280000000
CY2015Q4 wm Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedGoodwill
325000000
CY2015Q4 wm Current Liabilities Excluding Current Portion Of Long Term Debt
CurrentLiabilitiesExcludingCurrentPortionOfLongTermDebt
2257000000
CY2015Q4 wm Long Term Assets Excluding Property Plant And Equipment And Investments In And Advances To Affiliates
LongTermAssetsExcludingPropertyPlantAndEquipmentAndInvestmentsInAndAdvancesToAffiliates
7357000000
CY2015Q4 wm Increase Decrease In Environmental Remediation Liabilities Due To Impacts Of Inflation And Discounting
IncreaseDecreaseInEnvironmentalRemediationLiabilitiesDueToImpactsOfInflationAndDiscounting
-3000000
CY2015Q4 wm Net Insurance Claims Liability
NetInsuranceClaimsLiability
425000000
CY2015Q4 wm Current Assets Excluding Cash And Cash Equivalents
CurrentAssetsExcludingCashAndCashEquivalents
2306000000
CY2015Q4 wm Accrued Capping Closure Post Closure And Environmental Costs Net
AccruedCappingClosurePostClosureAndEnvironmentalCostsNet
1727000000
CY2015Q4 wm Deferred Tax Assets Landfill And Future Environmental Remediation Costs
DeferredTaxAssetsLandfillAndFutureEnvironmentalRemediationCosts
120000000
CY2015Q4 wm Business Acquisition Purchase Price Allocation Goodwill Expected Tax Nondeductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxNondeductibleAmount
159000000
CY2015Q4 wm Long Term Liabilities Excluding Long Term Debt And Due To Affiliate Noncurrent
LongTermLiabilitiesExcludingLongTermDebtAndDueToAffiliateNoncurrent
3814000000
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1017000000
CY2015Q4 wm Environmental Remediation Liabilities That Have Never Been Subject To Inflation Or Discounting
EnvironmentalRemediationLiabilitiesThatHaveNeverBeenSubjectToInflationOrDiscounting
52000000
CY2015Q4 wm Business Acquisition Purchase Price Hold Back
BusinessAcquisitionPurchasePriceHoldBack
13000000
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
1675000000
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17152000000
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
439300000 shares
CY2016Q4 us-gaap Accrual For Environmental Loss Contingencies Discount Rate
AccrualForEnvironmentalLossContingenciesDiscountRate
0.0250 pure
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
630282461 shares
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
1218000000
CY2016Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
246000000
CY2016Q4 us-gaap Assets
Assets
20859000000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
77000000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
87000000
CY2016Q4 us-gaap Cost Method Investments
CostMethodInvestments
147000000
CY2016Q4 us-gaap Accrual For Environmental Loss Contingencies Undiscounted Due Within One Year
AccrualForEnvironmentalLossContingenciesUndiscountedDueWithinOneYear
28000000
CY2016Q4 us-gaap Accrued Capping Closure Post Closure And Environmental Costs
AccruedCappingClosurePostClosureAndEnvironmentalCosts
147000000
CY2016Q4 us-gaap Assets Current
AssetsCurrent
2376000000
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
115000000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
355000000
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
292000000
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
728000000
CY2016Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
37000000
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1500000000 shares
CY2016Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
6000000
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4850000000
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
24000000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32000000
CY2016Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
9310000000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
69000000
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1700000000
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
6000000
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
746000000
CY2016Q4 us-gaap Accrual For Environmental Loss Contingencies Undiscounted Due In Fifth Year
AccrualForEnvironmentalLossContingenciesUndiscountedDueInFifthYear
17000000
CY2016Q4 us-gaap Accrual For Environmental Loss Contingencies Undiscounted Due In Third Year
AccrualForEnvironmentalLossContingenciesUndiscountedDueInThirdYear
29000000
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
212000000
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
173000000
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
799000000
CY2016Q4 us-gaap Accrual For Environmental Loss Contingencies Undiscounted Due After Fifth Year
AccrualForEnvironmentalLossContingenciesUndiscountedDueAfterFifthYear
88000000
CY2016Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
493000000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
58000000
CY2016Q4 us-gaap Accrual For Environmental Loss Contingencies Undiscounted Due In Fourth Year
AccrualForEnvironmentalLossContingenciesUndiscountedDueInFourthYear
63000000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-80000000
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
756000000
CY2016Q4 us-gaap Debt Current
DebtCurrent
417000000
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1482000000
CY2016Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
0
CY2016Q4 us-gaap Accrual For Environmental Loss Contingencies Undiscounted Due In Second Year
AccrualForEnvironmentalLossContingenciesUndiscountedDueInSecondYear
21000000
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1085000000
CY2016Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
18000000
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q4 us-gaap Multiemployer Plans Collective Bargaining Arrangement Percentage Of Participants
MultiemployerPlansCollectiveBargainingArrangementPercentageOfParticipants
0.20 pure
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
44000000
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
540000000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
62000000
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
426000000
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
122000000
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths
610000000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
109000000
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
432000000
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
591000000
CY2016Q4 us-gaap Liabilities
Liabilities
15539000000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20859000000
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
591000000
CY2016Q4 us-gaap Goodwill
Goodwill
6215000000
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
695000000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2794000000
CY2016Q4 us-gaap Minority Interest
MinorityInterest
23000000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
306000000
CY2016Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
320000000
CY2016Q4 us-gaap Increase In Unrecognized Tax Benefits Is Reasonably Possible
IncreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
3000000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
73000000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
407000000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
97000000
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
37000000
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
230000000
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8893000000
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
783000000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
90000000
CY2016Q4 us-gaap Other Receivables
OtherReceivables
432000000
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10950000000
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
28102000000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
5297000000
CY2016Q4 us-gaap Supplies
Supplies
90000000
CY2016Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
92000000
CY2016Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
7000000
CY2016Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
105000000
CY2016Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
88000000
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5320000000
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
82000000
CY2016Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
112000000
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
7388000000
CY2016Q4 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
336000000
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
190966584 shares
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2016Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
5000000
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
6867000000
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
69000000
CY2016Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
179000000
CY2016Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
149000000
CY2016Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
950000000
CY2016Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
750000000
CY2016Q4 wm Deferred Tax Assets Net Operating Loss Capital Loss And Tax Credit Carry Forwards
DeferredTaxAssetsNetOperatingLossCapitalLossAndTaxCreditCarryForwards
285000000
CY2016Q4 wm Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedGoodwill
280000000
CY2016Q4 wm Number Of Landfill Sites With Expansions That Require The Chief Financial Officer To Approve The Inclusion Of The Unpermitted Airspace
NumberOfLandfillSitesWithExpansionsThatRequireTheChiefFinancialOfficerToApproveTheInclusionOfTheUnpermittedAirspace
3 site
CY2016Q4 wm Number Of Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
75 site
CY2016Q4 wm Current Liabilities Excluding Current Portion Of Long Term Debt
CurrentLiabilitiesExcludingCurrentPortionOfLongTermDebt
2377000000
CY2016Q4 wm Environmental Remediation Liabilities That Have Never Been Subject To Inflation Or Discounting
EnvironmentalRemediationLiabilitiesThatHaveNeverBeenSubjectToInflationOrDiscounting
90000000
CY2016Q4 wm Long Term Assets Excluding Property Plant And Equipment And Investments In And Advances To Affiliates
LongTermAssetsExcludingPropertyPlantAndEquipmentAndInvestmentsInAndAdvancesToAffiliates
7533000000
CY2016Q4 wm Net Insurance Claims Liability Long Term
NetInsuranceClaimsLiabilityLongTerm
304000000
CY2016Q4 wm Net Insurance Claims Liability
NetInsuranceClaimsLiability
417000000
CY2016Q4 wm Current Assets Excluding Cash And Cash Equivalents
CurrentAssetsExcludingCashAndCashEquivalents
2344000000
CY2016Q4 wm Number Of Landfills Adjacent To Or Near Homeowners Properties With Agreements Guaranteeing Market Value
NumberOfLandfillsAdjacentToOrNearHomeownersPropertiesWithAgreementsGuaranteeingMarketValue
22 Landfill
CY2016Q4 wm Number Of Non Owned Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfNonOwnedSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
60 site
CY2016Q4 wm Maximum Self Insurance Exposures Per Incident Under Workers Compensation Insurance Program
MaximumSelfInsuranceExposuresPerIncidentUnderWorkersCompensationInsuranceProgram
5000000
CY2016Q4 wm Environmental Remediation Reasonably Possible Additional Losses High Estimate
EnvironmentalRemediationReasonablyPossibleAdditionalLossesHighEstimate
120000000
CY2016Q4 wm Debt And Capital Leases Maturing Within Next Twelve Months
DebtAndCapitalLeasesMaturingWithinNextTwelveMonths
187000000
CY2016Q4 wm Increase In Valuation Allowance
IncreaseInValuationAllowance
19000000
CY2016Q4 wm Tax Exempt Bonds Subject To Repricing Within Next Twelve Months
TaxExemptBondsSubjectToRepricingWithinNextTwelveMonths
473000000
CY2016Q4 wm Net Insurance Claims Liability Current
NetInsuranceClaimsLiabilityCurrent
113000000
CY2016Q4 wm Accrued Capping Closure Post Closure And Environmental Costs Net
AccruedCappingClosurePostClosureAndEnvironmentalCostsNet
1822000000
CY2016Q4 wm Deferred Tax Assets Landfill And Future Environmental Remediation Costs
DeferredTaxAssetsLandfillAndFutureEnvironmentalRemediationCosts
116000000
CY2016Q4 wm Maximum Self Insurance Exposures Per Incident Under General Liability Insurance Program
MaximumSelfInsuranceExposuresPerIncidentUnderGeneralLiabilityInsuranceProgram
2500000
CY2016Q4 wm Number Of Homeowners Properties Adjacent To Or Near Certain Of Our Landfills With Agreements Guaranteeing Market Value
NumberOfHomeownersPropertiesAdjacentToOrNearCertainOfOurLandfillsWithAgreementsGuaranteeingMarketValue
850 Homeowners
CY2016Q4 wm High End Of Layer Subject To Additional Deductibles Of Auto Liability Insurance
HighEndOfLayerSubjectToAdditionalDeductiblesOfAutoLiabilityInsurance
10000000
CY2016Q4 wm Number Of Owned Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfOwnedSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
15 site
CY2016Q4 wm Low End Of Layer Subject To Additional Deductibles Of Auto Liability Insurance
LowEndOfLayerSubjectToAdditionalDeductiblesOfAutoLiabilityInsurance
5000000
CY2016Q4 wm Business Acquisition Purchase Price Holdback Paid For Acquisitions Closed In Current Year
BusinessAcquisitionPurchasePriceHoldbackPaidForAcquisitionsClosedInCurrentYear
16000000
CY2016Q4 wm Business Acquisition Purchase Price Holdback Paid In Current Period
BusinessAcquisitionPurchasePriceHoldbackPaidInCurrentPeriod
26000000
CY2016Q4 wm Long Term Liabilities Excluding Long Term Debt And Due To Affiliate Noncurrent
LongTermLiabilitiesExcludingLongTermDebtAndDueToAffiliateNoncurrent
3852000000
CY2014Q3 us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
650 Employees
CY2016Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.41
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
414000000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
531000000
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
5000000
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000 shares
CY2014 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
88000000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1249000000
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
4000000
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0177 pure
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-5000000
CY2014 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.50
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-89000000
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-33000000
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
56000000
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.50
CY2014 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
-0.0789 pure
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.80
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
63000000
CY2014 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
993000000
CY2014 us-gaap Asset Impairment Charges
AssetImpairmentCharges
355000000
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1292000000
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.79
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1167000000
CY2014 us-gaap Costs And Expenses
CostsAndExpenses
11697000000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0047 pure
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
61000000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
-0.0159 pure
CY2014 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
40000000
CY2014 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
32000000
CY2014 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
693000000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.0046 pure
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2361 pure
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
5000000
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-118000000
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3500 pure
CY2014 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-466000000
CY2014 us-gaap Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
44000000
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-108000000
CY2014 us-gaap Revenues
Revenues
13996000000
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-24000000
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
159000000
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
58000000
CY2014 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
188000000
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-29000000
CY2014 us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
5000000
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
758000000
CY2014 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
33000000
CY2014 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
19000000
CY2014 us-gaap Net Income Loss
NetIncomeLoss
1298000000
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
40000000
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
42000000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1751000000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
995000000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
12000000
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
2817000000
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-124000000
CY2014 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
4000000
CY2014 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
26000000
CY2014 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
16000000
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1000000
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
600000000
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
35000000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1601000000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
150000000
CY2014 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
2090000000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
8000000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-131000000
CY2014 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
515000000
CY2014 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
34000000
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
2299000000
CY2014 us-gaap Interest Costs Incurred
InterestCostsIncurred
487000000
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
693000000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-2072000000
CY2014 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1151000000
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
35000000
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
117000000
CY2014 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-22000000
CY2014 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
13000000
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-53000000
CY2014 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-42000000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
413000000
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
2331000000
CY2014 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
268000000
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1181000000
CY2014 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-125000000
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-19000000
CY2014 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1207000000
CY2014 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
9002000000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.0046 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.0321 pure
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
600000000
CY2014 us-gaap Severance Costs1
SeveranceCosts1
70000000
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
465600000 shares
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1481000000
CY2014 us-gaap Restructuring Charges
RestructuringCharges
82000000
CY2014 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
3568000000
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2000000
CY2014 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-1000000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.036 pure
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
23000000
CY2014 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-12000000
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
11000000
CY2014 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
9569000 shares
CY2014 wm Income Expense From Divestitures Asset Impairments And Unusual Items
IncomeExpenseFromDivestituresAssetImpairmentsAndUnusualItems
-160000000
CY2014 wm Interest And Other Income Expense
InterestAndOtherIncomeExpense
-548000000
CY2014 wm Net Receipts From Restricted Trust And Escrow Account And Other Net
NetReceiptsFromRestrictedTrustAndEscrowAccountAndOtherNet
-72000000
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9000000
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
462600000 shares
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
8000000
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
93000000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.184 pure
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000000
CY2014 us-gaap Profit Loss
ProfitLoss
1338000000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.016 pure
CY2014 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4100000 shares
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
65000000
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y9M18D
CY2014 us-gaap Interest Paid Net
InterestPaidNet
461000000
CY2014 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
43.89
CY2014 wm Increase Decrease In Deferred Revenue And Other Operating Liabilities
IncreaseDecreaseInDeferredRevenueAndOtherOperatingLiabilities
-117000000
CY2014 wm Equity Based Compensation Transactions Including Dividend Equivalents Net Of Taxes
EquityBasedCompensationTransactionsIncludingDividendEquivalentsNetOfTaxes
195000000
CY2014 wm Accretion Expense And Discount Rate Adjustments To Environmental Remediation Liabilities And Recovery Assets
AccretionExpenseAndDiscountRateAdjustmentsToEnvironmentalRemediationLiabilitiesAndRecoveryAssets
14000000
CY2014 wm Potentially Issuable Shares
PotentiallyIssuableShares
11300000 shares
CY2014 wm Reduction In Provision For Income Taxes Due To State Net Operating Loss And Credit
ReductionInProvisionForIncomeTaxesDueToStateNetOperatingLossAndCredit
16000000
CY2014 wm Contributions To Other Multiemployer Plans
ContributionsToOtherMultiemployerPlans
7000000
CY2014 wm Proceeds From Divestiture Of Businesses Net Of Cash Divested And Proceeds From Sales Of Assets Investing Activities
ProceedsFromDivestitureOfBusinessesNetOfCashDivestedAndProceedsFromSalesOfAssetsInvestingActivities
2253000000
CY2014 wm Increase Decrease To Operating Expenses Due To Change In Discount Rate Used To Estimate Present Value Of Environmental Remediation Obligations And Recovery Assets
IncreaseDecreaseToOperatingExpensesDueToChangeInDiscountRateUsedToEstimatePresentValueOfEnvironmentalRemediationObligationsAndRecoveryAssets
10000000
CY2014 wm Inflation Rate
InflationRate
0.025 pure
CY2014 wm Finite Lived Other Intangible Assets Amortization Expenses
FiniteLivedOtherIntangibleAssetsAmortizationExpenses
78000000
CY2014 wm Multiemployer Plan Period Contributions Excluding Amounts To Individually Significant Pension Plans
MultiemployerPlanPeriodContributionsExcludingAmountsToIndividuallySignificantPensionPlans
37000000
CY2014 wm Contingent Consideration Paid For Acquisitions Closed In Current Year
ContingentConsiderationPaidForAcquisitionsClosedInCurrentYear
4000000
CY2014 wm Self Insurance Expense Benefit
SelfInsuranceExpenseBenefit
126000000
CY2014 wm Cash Paid Received
CashPaidReceived
105000000
CY2014 wm Proceeds From Payments For Other Financing Activities Including Excess Tax Benefit From Share Based Compensation Financing Activities
ProceedsFromPaymentsForOtherFinancingActivitiesIncludingExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-121000000
CY2014 wm Income Expense From Divestitures Asset Impairments And Other Noncash Portion
IncomeExpenseFromDivestituresAssetImpairmentsAndOtherNoncashPortion
-127000000
CY2014 wm Income Loss From Equity Method Investments And Other Nonoperating Income Expense
IncomeLossFromEquityMethodInvestmentsAndOtherNonoperatingIncomeExpense
-82000000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
192000000
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
278000000
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
15000000
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
CY2015 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
89000000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1268000000
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
4000000
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0320 pure
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3000000
CY2015 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.54
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
43000000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-17000000
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
36000000
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.54
CY2015 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
-0.0034 pure
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.66
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
61000000
CY2015 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
1746000000
CY2015 us-gaap Asset Impairment Charges
AssetImpairmentCharges
89000000
CY2015 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.25 pure
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1245000000
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.65
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
603000000
CY2015 us-gaap Costs And Expenses
CostsAndExpenses
10916000000
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0017 pure
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
50000000
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
-0.0267 pure
CY2015 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1000000
CY2015 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
646000000
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
695000000
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.0023 pure
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2911 pure
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
15000000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
30000000
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3500 pure
CY2015 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-385000000
CY2015 us-gaap Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
43000000
CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-134000000
CY2015 us-gaap Revenues
Revenues
12961000000
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-18000000
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
140000000
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3000000
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7000000
CY2015 us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
4000000
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
419000000
CY2015 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
20000000
CY2015 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-16000000
CY2015 us-gaap Net Income Loss
NetIncomeLoss
753000000
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1000000
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
36000000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1060000000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1608000000
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2000000
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
2337000000
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-159000000
CY2015 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2000000
CY2015 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
555000000
CY2015 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
537000000
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-555000000
CY2015 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
16000000
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
9000000
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
600000000
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
554000000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
922000000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
138000000
CY2015 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
79000000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
2000000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-150000000
CY2015 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
7000000
CY2015 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-74000000
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
2045000000
CY2015 us-gaap Interest Costs Incurred
InterestCostsIncurred
407000000
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
695000000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-2155000000
CY2015 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1233000000
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
18000000
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-112000000
CY2015 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
7000000
CY2015 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
15000000
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-38000000
CY2015 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-42000000
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
308000000
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
2498000000
CY2015 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
325000000
CY2015 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
178000000
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1229000000
CY2015 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-1000000
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-51000000
CY2015 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
602000000
CY2015 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
8231000000
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.0099 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.0549 pure
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
31000000
CY2015 us-gaap Profit Loss
ProfitLoss
752000000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.014 pure
CY2015 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
5500000 shares
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
72000000
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y4M24D
CY2015 us-gaap Interest Paid Net
InterestPaidNet
384000000
CY2015 wm Income Expense From Divestitures Asset Impairments And Unusual Items
IncomeExpenseFromDivestituresAssetImpairmentsAndUnusualItems
82000000
CY2015 wm Reduction In Provision For Income Taxes Due To State Net Operating Loss And Credit
ReductionInProvisionForIncomeTaxesDueToStateNetOperatingLossAndCredit
17000000
CY2015 wm Contributions To Other Multiemployer Plans
ContributionsToOtherMultiemployerPlans
6000000
CY2015 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
7000000
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
600000000
CY2015 us-gaap Severance Costs1
SeveranceCosts1
10000000
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
455900000 shares
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1343000000
CY2015 us-gaap Restructuring Charges
RestructuringCharges
15000000
CY2015 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
2764000000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
21000000
CY2015 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-2000000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.028 pure
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3200000 shares
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
16000000
CY2015 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-10000000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
3000000
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
14823000 shares
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
18000000
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
452700000 shares
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
8000000
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
77000000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.167 pure
CY2015 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
49.83
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1000000
CY2015 wm Increase Decrease In Deferred Revenue And Other Operating Liabilities
IncreaseDecreaseInDeferredRevenueAndOtherOperatingLiabilities
-97000000
CY2015 wm Equity Based Compensation Transactions Including Dividend Equivalents Net Of Taxes
EquityBasedCompensationTransactionsIncludingDividendEquivalentsNetOfTaxes
171000000
CY2015 wm Accretion Expense And Discount Rate Adjustments To Environmental Remediation Liabilities And Recovery Assets
AccretionExpenseAndDiscountRateAdjustmentsToEnvironmentalRemediationLiabilitiesAndRecoveryAssets
1000000
CY2015 wm Potentially Issuable Shares
PotentiallyIssuableShares
10200000 shares
CY2015 wm Increase Decrease To Operating Expenses Due To Change In Discount Rate Used To Estimate Present Value Of Environmental Remediation Obligations
IncreaseDecreaseToOperatingExpensesDueToChangeInDiscountRateUsedToEstimatePresentValueOfEnvironmentalRemediationObligations
-3000000
CY2015 wm Interest And Other Income Expense
InterestAndOtherIncomeExpense
-985000000
CY2015 wm Net Receipts From Restricted Trust And Escrow Account And Other Net
NetReceiptsFromRestrictedTrustAndEscrowAccountAndOtherNet
34000000
CY2015 wm Proceeds From Divestiture Of Businesses Net Of Cash Divested And Proceeds From Sales Of Assets Investing Activities
ProceedsFromDivestitureOfBusinessesNetOfCashDivestedAndProceedsFromSalesOfAssetsInvestingActivities
145000000
CY2015 wm Increase Decrease To Operating Expenses Due To Change In Discount Rate Used To Estimate Present Value Of Environmental Remediation Obligations And Recovery Assets
IncreaseDecreaseToOperatingExpensesDueToChangeInDiscountRateUsedToEstimatePresentValueOfEnvironmentalRemediationObligationsAndRecoveryAssets
-2000000
CY2015 wm Inflation Rate
InflationRate
0.025 pure
CY2015 wm Finite Lived Other Intangible Assets Amortization Expenses
FiniteLivedOtherIntangibleAssetsAmortizationExpenses
76000000
CY2015 wm Multiemployer Plan Period Contributions Excluding Amounts To Individually Significant Pension Plans
MultiemployerPlanPeriodContributionsExcludingAmountsToIndividuallySignificantPensionPlans
37000000
CY2015 wm Contingent Consideration Paid For Acquisitions Closed In Current Year
ContingentConsiderationPaidForAcquisitionsClosedInCurrentYear
13000000
CY2015 wm Self Insurance Expense Benefit
SelfInsuranceExpenseBenefit
130000000
CY2015 wm Cash Paid Received
CashPaidReceived
119000000
CY2015 wm Proceeds From Payments For Other Financing Activities Including Excess Tax Benefit From Share Based Compensation Financing Activities
ProceedsFromPaymentsForOtherFinancingActivitiesIncludingExcessTaxBenefitFromShareBasedCompensationFinancingActivities
45000000
CY2015 wm Income Expense From Divestitures Asset Impairments And Other Noncash Portion
IncomeExpenseFromDivestituresAssetImpairmentsAndOtherNoncashPortion
87000000
CY2015 wm Income Loss From Equity Method Investments And Other Nonoperating Income Expense
IncomeLossFromEquityMethodInvestmentsAndOtherNonoperatingIncomeExpense
-45000000
CY2016 dei Entity Registrant Name
EntityRegistrantName
WASTE MANAGEMENT INC
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
443000000
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
569000000
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
28000000
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
CY2016 dei Document Type
DocumentType
10-K
CY2016 dei Entity Central Index Key
EntityCentralIndexKey
0000823768
CY2016 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
91000000
CY2016 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-48000000
CY2016 dei Document Period End Date
DocumentPeriodEndDate
2016-12-31
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-7000000
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1000000
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.65
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1229000000
CY2016 us-gaap Costs And Expenses
CostsAndExpenses
11313000000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0010 pure
CY2016 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.045 pure
CY2016 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
1780000000
CY2016 us-gaap Asset Impairment Charges
AssetImpairmentCharges
59000000
CY2016 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2016 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0331 pure
CY2016 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2016 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.50 pure
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1301000000
CY2016 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.64
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
57000000
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
17000000
CY2016 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> <b>24. New Accounting Standards Pending Adoption (Unaudited)</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> <i>Income Taxes&#xA0;</i>&#x2014; In October 2016, the FASB issued amended authoritative guidance associated with the timing of recognition of income taxes for&#xA0;<font style="WHITE-SPACE: nowrap">intra-entity</font>&#xA0;transfers of assets other than inventory. The amended guidance requires the recognition of income taxes when the transfer of the asset occurs, which replaces current U.S. Generally Accepted Accounting Principles (&#x201C;GAAP&#x201D;) that defers the recognition of income taxes until the transferred asset is sold to a third party or otherwise recovered through use. The amended guidance is effective for the Company on January&#xA0;1, 2018, with early adoption permitted. We are in the process of assessing the provisions of this amended guidance; however, we currently do not expect that the adoption of this amended guidance will have a material impact on our consolidated financial statements.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> <i>Statement of Cash Flows &#x2014;&#xA0;</i>In August 2016, the FASB issued amended authoritative guidance associated with the classification of certain cash receipts and cash payments in the statement of cash flows. In November 2016, the FASB issued additional guidance on the presentation of restricted cash and cash equivalents in the statement of cash flows. The objective of both amendments was to reduce existing diversity in practice. The amended guidance is effective for the Company on January 1, 2018, with early adoption permitted. We are in the process of assessing the provisions of this amended guidance; however, we currently do not expect that the adoption of this amended guidance will have a material impact on our consolidated financial statements.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> <i>Financial Instrument Credit Losses &#x2014;&#xA0;</i>In June 2016, the FASB issued amended authoritative guidance associated with the measurement of credit losses on financial instruments. The amended guidance replaces the current incurred loss impairment methodology of recognizing credit losses when a loss is probable, with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to assess credit loss estimates. The amended guidance is effective for the Company on January 1, 2020, with early adoption permitted beginning January 1, 2019. We are assessing the provisions of the amended guidance and evaluating the timing and impact on our consolidated financial statements.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> <i>Stock Compensation &#x2014;&#xA0;</i>In March 2016, the FASB issued amended authoritative guidance associated with&#xA0;<font style="WHITE-SPACE: nowrap">stock-based</font>&#xA0;compensation as part of its simplification initiative to reduce the cost and complexity of compliance with GAAP, while maintaining or improving the usefulness of the information provided. The amended guidance changes both the accounting and financial reporting for certain income tax impacts of stock-based compensation. All excess tax benefits and tax deficiencies will be required to be recognized as an income tax benefit or provision rather than as a component of equity. The guidance also provides for changes in the calculation of forfeitures related to the expense of stock-based compensation. The amended guidance is effective for the Company on January 1, 2017. The adoption of this amended guidance will not have a material impact on our consolidated financial statements.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> <i>Leases&#xA0;</i>&#x2014; In February 2016, the FASB issued amended authoritative guidance associated with lease accounting. The amended guidance requires the recognition of lease assets and lease liabilities on the balance sheet for those leases with terms in excess of 12 months and currently classified as operating leases. The disclosure of key information about leasing arrangements will also be required. The amended guidance is effective for the Company on January 1, 2019, with early adoption permitted. We are assessing the provisions of the amended guidance and evaluating the timing and impact on our consolidated financial statements and disclosures.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> <i>Financial Instruments&#xA0;</i>&#x2014; In January 2016, the FASB issued amended authoritative guidance associated with the recognition and measurement of financial assets and liabilities. The amended guidance will require certain equity investments that are not consolidated to be measured at fair value with changes in fair value recognized in net income rather than as a component of accumulated other comprehensive income. The amended guidance is effective for the Company on January 1, 2018, with early adoption permitted. We are assessing the provisions of the amended guidance and evaluating the timing and impact on our consolidated financial statements.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> <i>Revenue Recognition&#xA0;</i>&#x2014; In May 2014, the FASB issued amended authoritative guidance associated with revenue recognition. The amended guidance requires companies to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Additionally, the amendments will require enhanced qualitative and quantitative disclosures regarding customer contracts. The amended guidance associated with revenue recognition is effective for the Company on January 1, 2018. The amended guidance may be applied retrospectively for all periods presented (&#x201C;full retrospective method&#x201D;) or retrospectively with the cumulative effect of initially applying the amended guidance recognized at the date of initial adoption (&#x201C;modified retrospective method&#x201D;).</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> To assess the impact of the standard, we utilized internal resources to lead the implementation effort and supplemented them with external resources. Our internal resources read the amended guidance, attended trainings and consulted with&#xA0;<font style="WHITE-SPACE: nowrap">non-authoritative</font>&#xA0;groups to assist with interpretation of the amended guidance. Surveys were sent to and returned by all operating segments to assess the potential impact of the amended guidance and to tailor specific procedures to evaluate the potential impact. Based on the results of these surveys, we judgmentally selected a sample of contracts based on size and specifically identified contract traits that could be accounted for differently under the amended guidance. We also selected a representative sample of contracts to corroborate the survey results. We have completed our preliminary review of all contracts and are in the process of compiling and summarizing the results to determine whether additional review and analysis is necessary.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> Based on our work to date, we believe we have identified all material contract types and costs that may be impacted by this amended guidance. We expect to quantify and disclose the expected impact, if any, of adopting this amended guidance in the third quarter Form 10-Q. While we are still evaluating the impact of the amended guidance, we currently do not expect it to have a material impact on operating revenues.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> Upon adoption of the amended guidance, we anticipate recognizing an asset from the capitalization of sales incentives as contract acquisitions costs. Under the amended guidance, sales incentives will be capitalized and amortized over the expected life of the customer relationship. Currently, the Company expenses approximately $65&#xA0;million in sales incentives annually. As noted above, we are still evaluating other possible impacts on our consolidated financial statements, including potential changes in the classification of certain revenue streams currently reported on a gross basis and on our disclosures. The Company is also currently planning to adopt the amended guidance using the modified retrospective method as of January&#xA0;1, 2018.</p> </div>
CY2016 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016 dei Amendment Flag
AmendmentFlag
false
CY2016 us-gaap Business Combination Consideration Transferred Other1
BusinessCombinationConsiderationTransferredOther1
23000000
CY2016 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
38000000
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.64
CY2016 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2016 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.0026 pure
CY2016 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.66
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 2%; MARGIN-TOP: 18pt"> <b><i>Concentrations of Credit Risk</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash and cash equivalents, investments held within our trust funds and escrow accounts, and accounts receivable. We make efforts to control our exposure to credit risk associated with these instruments by (i)&#xA0;placing our assets and other financial interests with a diverse group of credit-worthy financial institutions; (ii)&#xA0;holding high-quality financial instruments while limiting investments in any one instrument and (iii)&#xA0;maintaining strict policies over credit extension that include credit evaluations, credit limits and monitoring procedures, although generally we do not have collateral requirements for credit extensions. We also control our exposure associated with trade receivables by discontinuing service, to the extent allowable, to non-paying customers. However, our overall credit risk associated with trade receivables is limited due to the large number and diversity of customers we serve. At December 31, 2016 and 2015, no single customer represented greater than 5% of total accounts receivable.</p> </div>
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
64000000
CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
12000000
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
2296000000
CY2016 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
44000000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
88000000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
-0.0053 pure
CY2016 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2000000
CY2016 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
604000000
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
726000000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.0080 pure
CY2016 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
231000000
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3523 pure
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
28000000
CY2016 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-47000000
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
73000000
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3500 pure
CY2016 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-376000000
CY2016 us-gaap Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
47000000
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
24000000
CY2016 us-gaap Revenues
Revenues
13609000000
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-10000000
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
125000000
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4000000
CY2016 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
375000000
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-50000000
CY2016 us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
4000000
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
442000000
CY2016 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
21000000
CY2016 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
12000000
CY2016 us-gaap Multiemployer Plans Underfunded Status Description
MultiemployerPlansUnderfundedStatusDescription
A Multiemployer Pension Plan that has been certified as endangered, seriously endangered or critical may begin to levy a statutory surcharge on contribution rates. Once authorized, the surcharge is at the rate of 5% for the first 12 months and 10% for any periods thereafter. Contributing employers, however, may eliminate the surcharge by entering into a collective bargaining agreement that meets the requirements of the applicable FIP or RP.
CY2016 us-gaap Net Income Loss
NetIncomeLoss
1182000000
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2000000
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
42000000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1822000000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1932000000
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2000000
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
3057000000
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
28000000
CY2016 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
5000000
CY2016 us-gaap Interest Costs Incurred
InterestCostsIncurred
394000000
CY2016 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
2000000
CY2016 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
581000000
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4000000
CY2016 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
9000000
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
12000000
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
725000000
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
611000000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1681000000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
141000000
CY2016 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
2000000
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
15000000
CY2016 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 2%; MARGIN-TOP: 18pt"> <b><i>Reclassifications</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> When necessary, reclassifications have been made to our prior period financial information in order to conform to the current year presentation.</p> </div>
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
47000000
CY2016 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-9000000
CY2016 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
1000000
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
725000000
CY2016 us-gaap Severance Costs1
SeveranceCosts1
2000000
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
446500000 shares
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
726000000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-1035000000
CY2016 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1339000000
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
24000000
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
174000000
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-78000000
CY2016 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
14000000
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-44000000
CY2016 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-44000000
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
642000000
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1227000000
CY2016 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
8486000000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.0063 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.0308 pure
CY2016 us-gaap Nature Of Operations
NatureOfOperations
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> <b>1. Business</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> The financial statements presented in this report represent the consolidation of Waste Management, Inc., a Delaware corporation; its wholly-owned and majority-owned subsidiaries; and certain variable interest entities for which Waste Management, Inc. or its subsidiaries are the primary beneficiaries as described in Note 20. Waste Management Inc. is a holding company and all operations are conducted by its subsidiaries. When the terms &#x201C;the Company,&#x201D; &#x201C;we,&#x201D; &#x201C;us&#x201D; or &#x201C;our&#x201D; are used in this document, those terms refer to Waste Management, Inc., its consolidated subsidiaries and consolidated variable interest entities. When we use the term &#x201C;WM,&#x201D; we are referring only to Waste Management, Inc., the parent holding company.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> We are North America&#x2019;s leading provider of comprehensive waste management environmental services. We partner with our residential, commercial, industrial and municipal customers and the communities we serve to manage and reduce waste at each stage from collection to disposal, while recovering valuable resources and creating clean, renewable energy. Our &#x201C;Solid Waste&#x201D; business is operated and managed locally by our subsidiaries that focus on distinct geographic areas and provides collection, transfer, disposal, and recycling and resource recovery services. Through our subsidiaries, we are also a leading developer, operator and owner of landfill gas-to-energy facilities in the United States.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> We evaluate, oversee and manage the financial performance of our Solid Waste business subsidiaries through our 17 Areas. We also provide additional services that are not managed through our Solid Waste business, which are presented in this report as &#x201C;Other.&#x201D; Additional information related to our segments is included in Note 21.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px"> In December 2014, we sold our Wheelabrator business, which provides waste-to-energy services and manages&#xA0;<font style="WHITE-SPACE: nowrap">waste-to-energy</font>&#xA0;facilities and independent power production plants. Refer to Note 19 for additional information related to our divestitures.</p> </div>
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
2960000000
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
280000000
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
12000000
CY2016 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
78000000
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1347000000
CY2016 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-1000000
CY2016 us-gaap Stockholders Equity Other
StockholdersEquityOther
9000000
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 2%; MARGIN-TOP: 18pt"> <b><i>Estimates and Assumptions</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> In preparing our financial statements, we make numerous estimates and assumptions that affect the accounting for and recognition and disclosure of assets, liabilities, equity, revenues and expenses. We must make these estimates and assumptions because certain information that we use is dependent on future events, cannot be calculated with precision from available data or simply cannot be calculated. In some cases, these estimates are difficult to determine, and we must exercise significant judgment. In preparing our financial statements, the most difficult, subjective and complex estimates and the assumptions that present the greatest amount of uncertainty relate to our accounting for landfills, environmental remediation liabilities, <font style="WHITE-SPACE: nowrap">long-lived</font> asset impairments, deferred income taxes and reserves associated with our insured and self-insured claims. Each of these items is discussed in additional detail below. Actual results could differ materially from the estimates and assumptions that we use in the preparation of our financial statements.</p> </div>
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1410000000
CY2016 us-gaap Restructuring Charges
RestructuringCharges
4000000
CY2016 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
2682000000
CY2016 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
65000000
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4000000
CY2016 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-2000000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.029 pure
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-23000000
CY2016 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-11000000
CY2016 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
11241000 shares
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
19000000
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
443500000 shares
CY2016 dei Trading Symbol
TradingSymbol
WM
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
7000000
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
63000000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.184 pure
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-47000000
CY2016 us-gaap Profit Loss
ProfitLoss
1180000000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.013 pure
CY2016 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4200000 shares
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
90000000
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y8M12D
CY2016 us-gaap Interest Paid Net
InterestPaidNet
375000000
CY2016 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
17 Areas
CY2016 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
60.49
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
7000000
CY2016 wm Increase Decrease In Deferred Revenue And Other Operating Liabilities
IncreaseDecreaseInDeferredRevenueAndOtherOperatingLiabilities
-85000000
CY2016 wm Equity Based Compensation Transactions Including Dividend Equivalents Net Of Taxes
EquityBasedCompensationTransactionsIncludingDividendEquivalentsNetOfTaxes
186000000
CY2016 wm Employees Minimum Employment Period For Employer Contribution Eligibility
EmployeesMinimumEmploymentPeriodForEmployerContributionEligibility
P90D
CY2016 wm Employers Match In Cash Of Employee Contributions On Next Specified Percentage Of Eligible Compensation
EmployersMatchInCashOfEmployeeContributionsOnNextSpecifiedPercentageOfEligibleCompensation
0.50 pure
CY2016 wm Surcharge Percentage After First Twelve Months On Contribution Rates For Plans Certified As Endangered Seriously Endangered Or Critical
SurchargePercentageAfterFirstTwelveMonthsOnContributionRatesForPlansCertifiedAsEndangeredSeriouslyEndangeredOrCritical
0.10 pure
CY2016 wm High End Of Funded Percentage Of Multiemployer Plans In Critical Status
HighEndOfFundedPercentageOfMultiemployerPlansInCriticalStatus
0.65 pure
CY2016 wm Employers Match In Cash Of Employee Contributions On First Specified Percentage Of Eligible Compensation
EmployersMatchInCashOfEmployeeContributionsOnFirstSpecifiedPercentageOfEligibleCompensation
1.00 pure
CY2016 wm High End Of Funded Percentage Of Multiemployer Plans In Endangered Status
HighEndOfFundedPercentageOfMultiemployerPlansInEndangeredStatus
0.80 pure
CY2016 wm Finite Lived Intangible Assets Amortization Method Percentage Declining Balance
FiniteLivedIntangibleAssetsAmortizationMethodPercentageDecliningBalance
150% declining balance approach or a straight-line basis
CY2016 wm Auto Liability Self Insurance Exposures Additional Deductible Per Incident
AutoLiabilitySelfInsuranceExposuresAdditionalDeductiblePerIncident
4800000
CY2016 wm Potentially Issuable Shares
PotentiallyIssuableShares
9800000 shares
CY2016 wm Proceeds From Payments For Other Financing Activities Including Excess Tax Benefit From Share Based Compensation Financing Activities
ProceedsFromPaymentsForOtherFinancingActivitiesIncludingExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-20000000
CY2016 wm Income Expense From Divestitures Asset Impairments And Other Noncash Portion
IncomeExpenseFromDivestituresAssetImpairmentsAndOtherNoncashPortion
110000000
CY2016 wm Increase Decrease In Cost Estimates Associated With Environmental Remediation Obligations
IncreaseDecreaseInCostEstimatesAssociatedWithEnvironmentalRemediationObligations
44000000
CY2016 wm First Percentage Of Eligible Compensation On Which Specified Percentage Of Contribution Is Matched By Employer In Cash
FirstPercentageOfEligibleCompensationOnWhichSpecifiedPercentageOfContributionIsMatchedByEmployerInCash
0.03 pure
CY2016 wm Increase Decrease To Operating Expenses Due To Change In Discount Rate Used To Estimate Present Value Of Environmental Remediation Obligations
IncreaseDecreaseToOperatingExpensesDueToChangeInDiscountRateUsedToEstimatePresentValueOfEnvironmentalRemediationObligations
-2000000
CY2016 wm Surcharge Percentage During First Twelve Months On Contribution Rates For Plans Certified As Endangered Seriously Endangered Or Critical
SurchargePercentageDuringFirstTwelveMonthsOnContributionRatesForPlansCertifiedAsEndangeredSeriouslyEndangeredOrCritical
0.05 pure
CY2016 wm Period For Which Surcharge Is Five Percent On Contribution Rates For Plans Certified As Endangered Seriously Endangered Or Critical
PeriodForWhichSurchargeIsFivePercentOnContributionRatesForPlansCertifiedAsEndangeredSeriouslyEndangeredOrCritical
P12M
CY2016 wm Interest And Other Income Expense
InterestAndOtherIncomeExpense
-474000000
CY2016 wm Net Receipts From Restricted Trust And Escrow Account And Other Net
NetReceiptsFromRestrictedTrustAndEscrowAccountAndOtherNet
-25000000
CY2016 wm Expected Time Period In Terms For Cash Settlement Of Substantially All Recorded Obligations Associated With Insurance Liabilities
ExpectedTimePeriodInTermsForCashSettlementOfSubstantiallyAllRecordedObligationsAssociatedWithInsuranceLiabilities
P6Y
CY2016 wm Income Expense From Divestitures Asset Impairments And Unusual Items
IncomeExpenseFromDivestituresAssetImpairmentsAndUnusualItems
112000000
CY2016 wm Next Percentage Of Eligible Compensation On Which Specified Percentage Of Contribution Is Matched By Employer In Cash
NextPercentageOfEligibleCompensationOnWhichSpecifiedPercentageOfContributionIsMatchedByEmployerInCash
0.03 pure
CY2016 wm Reduction In Provision For Income Taxes Due To State Net Operating Loss And Credit
ReductionInProvisionForIncomeTaxesDueToStateNetOperatingLossAndCredit
10000000
CY2016 wm Contributions To Other Multiemployer Plans
ContributionsToOtherMultiemployerPlans
7000000
CY2016 wm Proceeds From Divestiture Of Businesses Net Of Cash Divested And Proceeds From Sales Of Assets Investing Activities
ProceedsFromDivestitureOfBusinessesNetOfCashDivestedAndProceedsFromSalesOfAssetsInvestingActivities
43000000
CY2016 wm Minimum Percentage Of Contributions Provided By Company Relating To Multi Employer Plans
MinimumPercentageOfContributionsProvidedByCompanyRelatingToMultiEmployerPlans
0.05 pure
CY2016 wm Increase Decrease To Operating Expenses Due To Change In Discount Rate Used To Estimate Present Value Of Environmental Remediation Obligations And Recovery Assets
IncreaseDecreaseToOperatingExpensesDueToChangeInDiscountRateUsedToEstimatePresentValueOfEnvironmentalRemediationObligationsAndRecoveryAssets
-2000000
CY2016 wm Inflation Rate
InflationRate
0.025 pure
CY2016 wm Finite Lived Other Intangible Assets Amortization Expenses
FiniteLivedOtherIntangibleAssetsAmortizationExpenses
100000000
CY2016 wm Multiemployer Plan Period Contributions Excluding Amounts To Individually Significant Pension Plans
MultiemployerPlanPeriodContributionsExcludingAmountsToIndividuallySignificantPensionPlans
40000000
CY2016 wm Per Incident Base Deductible Under Auto Liability Insurance Program
PerIncidentBaseDeductibleUnderAutoLiabilityInsuranceProgram
5000000
CY2016 wm Self Insurance Expense Benefit
SelfInsuranceExpenseBenefit
101000000
CY2016 wm Cash Paid Received
CashPaidReceived
109000000
CY2016 wm Defined Contribution Plan Maximum Annual Contributions Per Employee Percent Of Annual Incentive Plan
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercentOfAnnualIncentivePlan
0.80 pure
CY2016 wm Income Loss From Equity Method Investments And Other Nonoperating Income Expense
IncomeLossFromEquityMethodInvestmentsAndOtherNonoperatingIncomeExpense
-94000000
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2015Q1 us-gaap Revenues
Revenues
3040000000
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
-129000000
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
440000000
CY2015Q1 us-gaap Unusual Or Infrequent Item Earnings Per Share Impact Net
UnusualOrInfrequentItemEarningsPerShareImpactNet
-0.03
CY2015Q1 us-gaap Unusual Or Infrequent Item Net Gain Loss
UnusualOrInfrequentItemNetGainLoss
14000000
CY2015Q1 us-gaap Profit Loss
ProfitLoss
-131000000
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.60
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
CY2015Q2 us-gaap Revenues
Revenues
3315000000
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
274000000
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
502000000
CY2015Q2 us-gaap Profit Loss
ProfitLoss
273000000
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
CY2016Q1 us-gaap Revenues
Revenues
3176000000
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
258000000
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
508000000
CY2016Q1 us-gaap Profit Loss
ProfitLoss
256000000
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.65
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.64
CY2016Q2 us-gaap Revenues
Revenues
3425000000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
287000000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
611000000
CY2016Q2 us-gaap Unusual Or Infrequent Item Earnings Per Share Impact Net
UnusualOrInfrequentItemEarningsPerShareImpactNet
-0.10
CY2016Q2 us-gaap Profit Loss
ProfitLoss
286000000
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2015Q3 us-gaap Revenues
Revenues
3360000000
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
335000000
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
601000000
CY2015Q3 us-gaap Profit Loss
ProfitLoss
337000000
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.68
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.68
CY2016Q3 us-gaap Revenues
Revenues
3548000000
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
302000000
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
560000000
CY2016Q3 us-gaap Unusual Or Infrequent Item Earnings Per Share Impact Net
UnusualOrInfrequentItemEarningsPerShareImpactNet
-0.16
CY2016Q3 us-gaap Unusual Or Infrequent Item Net Gain Loss
UnusualOrInfrequentItemNetGainLoss
106000000
CY2016Q3 us-gaap Profit Loss
ProfitLoss
304000000
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2015Q4 us-gaap Revenues
Revenues
3246000000
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
273000000
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
502000000
CY2015Q4 us-gaap Restructuring Charges
RestructuringCharges
8000000
CY2015Q4 us-gaap Unusual Or Infrequent Item Earnings Per Share Impact Net
UnusualOrInfrequentItemEarningsPerShareImpactNet
-0.02
CY2015Q4 us-gaap Profit Loss
ProfitLoss
273000000
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.76
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.75
CY2016Q4 us-gaap Revenues
Revenues
3460000000
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
335000000
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
617000000
CY2016Q4 us-gaap Profit Loss
ProfitLoss
334000000

Files In Submission

Name View Source Status
0001193125-17-046480-index-headers.html Edgar Link pending
0001193125-17-046480-index.html Edgar Link pending
0001193125-17-046480.txt Edgar Link pending
0001193125-17-046480-xbrl.zip Edgar Link pending
d252547d10k.htm Edgar Link pending
d252547dex1011.htm Edgar Link pending
d252547dex1012.htm Edgar Link pending
d252547dex1023.htm Edgar Link pending
d252547dex1026.htm Edgar Link pending
d252547dex1032.htm Edgar Link pending
d252547dex121.htm Edgar Link pending
d252547dex211.htm Edgar Link pending
d252547dex231.htm Edgar Link pending
d252547dex311.htm Edgar Link pending
d252547dex312.htm Edgar Link pending
d252547dex321.htm Edgar Link pending
d252547dex322.htm Edgar Link pending
d252547dex48.htm Edgar Link pending
d252547dex95.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
g252547g0128085154996.jpg Edgar Link pending
g252547g03t57.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R112.htm Edgar Link pending
R113.htm Edgar Link pending
R114.htm Edgar Link pending
R115.htm Edgar Link pending
R116.htm Edgar Link pending
R117.htm Edgar Link pending
R118.htm Edgar Link pending
R119.htm Edgar Link pending
R12.htm Edgar Link pending
R120.htm Edgar Link pending
R121.htm Edgar Link pending
R122.htm Edgar Link pending
R123.htm Edgar Link pending
R124.htm Edgar Link pending
R125.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wm-20161231.xml Edgar Link completed
wm-20161231.xsd Edgar Link pending
wm-20161231_cal.xml Edgar Link unprocessable
wm-20161231_def.xml Edgar Link unprocessable
wm-20161231_lab.xml Edgar Link unprocessable
wm-20161231_pre.xml Edgar Link unprocessable