$WM
WASTE MANAGEMENT INC

2021 Q2 Form 10-Q Financial Statement

#000155837021009319 Filed on July 27, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $4.476B $3.561B
YoY Change 25.7% -9.76%
Cost Of Revenue $2.736B $2.180B
YoY Change 25.5% -10.77%
Gross Profit $1.740B $1.381B
YoY Change 26.0% -8.12%
Gross Profit Margin 38.87% 38.78%
Selling, General & Admin $445.0M $377.0M
YoY Change 18.04% -3.58%
% of Gross Profit 25.57% 27.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $500.0M $414.0M
YoY Change 20.77% 1.22%
% of Gross Profit 28.74% 29.98%
Operating Expenses $445.0M $377.0M
YoY Change 18.04% -3.58%
Operating Profit $791.0M $527.0M
YoY Change 50.09% -24.28%
Interest Expense -$98.00M -$119.0M
YoY Change -17.65% 19.0%
% of Operating Profit -12.39% -22.58%
Other Income/Expense, Net -$6.000M $1.000M
YoY Change -700.0% 0.0%
Pretax Income $456.0M $395.0M
YoY Change 15.44% -20.52%
Income Tax $105.0M $88.00M
% Of Pretax Income 23.03% 22.28%
Net Earnings $351.0M $307.0M
YoY Change 14.33% -19.42%
Net Earnings / Revenue 7.84% 8.62%
Basic Earnings Per Share $0.83 $0.73
Diluted Earnings Per Share $0.83 $0.72
COMMON SHARES
Basic Shares Outstanding 421.6M 422.3M
Diluted Shares Outstanding 423.6M 423.9M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $148.0M $2.663B
YoY Change -94.44% 18.36%
Cash & Equivalents $148.0M $2.663B
Short-Term Investments
Other Short-Term Assets $307.0M $218.0M
YoY Change 40.83% -1.8%
Inventory $126.0M $118.0M
Prepaid Expenses
Receivables $2.195B $1.888B
Other Receivables $450.0M $219.0M
Total Short-Term Assets $3.226B $5.106B
YoY Change -36.82% 5.58%
LONG-TERM ASSETS
Property, Plant & Equipment $14.11B $12.92B
YoY Change 9.24% 1.99%
Goodwill $8.992B $6.512B
YoY Change 38.08% 0.0%
Intangibles $956.0M $472.0M
YoY Change 102.54% -13.71%
Long-Term Investments $417.0M $439.0M
YoY Change -5.01% 31.83%
Other Assets $890.0M $791.0M
YoY Change 12.52% 7.04%
Total Long-Term Assets $25.81B $21.51B
YoY Change 19.98% 1.72%
TOTAL ASSETS
Total Short-Term Assets $3.226B $5.106B
Total Long-Term Assets $25.81B $21.51B
Total Assets $29.04B $26.62B
YoY Change 9.08% 2.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.393B $904.0M
YoY Change 54.09% -0.44%
Accrued Expenses $1.372B $1.184B
YoY Change 15.88% -8.64%
Deferred Revenue $557.0M $494.0M
YoY Change 12.75% -6.08%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $361.0M $3.190B
YoY Change -88.68% 2650.0%
Total Short-Term Liabilities $3.683B $5.772B
YoY Change -36.19% 102.81%
LONG-TERM LIABILITIES
Long-Term Debt $12.88B $9.598B
YoY Change 34.23% -23.96%
Other Long-Term Liabilities $1.074B $959.0M
YoY Change 11.99% 11.38%
Total Long-Term Liabilities $1.074B $959.0M
YoY Change 11.99% 11.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.683B $5.772B
Total Long-Term Liabilities $1.074B $959.0M
Total Liabilities $21.68B $19.73B
YoY Change 9.92% 1.06%
SHAREHOLDERS EQUITY
Retained Earnings $11.44B $10.80B
YoY Change 6.01% 7.01%
Common Stock $5.110B $5.046B
YoY Change 1.27% 1.57%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $209.5M $208.1M
Shareholders Equity $7.352B $6.891B
YoY Change
Total Liabilities & Shareholders Equity $29.04B $26.62B
YoY Change 9.08% 2.44%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $351.0M $307.0M
YoY Change 14.33% -19.42%
Depreciation, Depletion And Amortization $500.0M $414.0M
YoY Change 20.77% 1.22%
Cash From Operating Activities $1.043B $856.0M
YoY Change 21.85% -15.25%
INVESTING ACTIVITIES
Capital Expenditures -$396.0M -$436.0M
YoY Change -9.17% -24.57%
Acquisitions
YoY Change
Other Investing Activities $22.00M $21.00M
YoY Change 4.76% -111.23%
Cash From Investing Activities -$374.0M -$415.0M
YoY Change -9.88% -45.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -980.0M -907.0M
YoY Change 8.05% -150.96%
NET CHANGE
Cash From Operating Activities 1.043B 856.0M
Cash From Investing Activities -374.0M -415.0M
Cash From Financing Activities -980.0M -907.0M
Net Change In Cash -311.0M -466.0M
YoY Change -33.26% -123.01%
FREE CASH FLOW
Cash From Operating Activities $1.043B $856.0M
Capital Expenditures -$396.0M -$436.0M
Free Cash Flow $1.439B $1.292B
YoY Change 11.38% -18.64%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-06-30
CY2021Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Central Index Key
EntityCentralIndexKey
0000823768
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
dei Document Type
DocumentType
10-Q
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
49000000
wm Provision For Doubtful Accounts And Other Credit Losses
ProvisionForDoubtfulAccountsAndOtherCreditLosses
17000000
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-12154
dei Entity Registrant Name
EntityRegistrantName
Waste Management, Inc
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
73-1309529
dei Entity Address Address Line1
EntityAddressAddressLine1
800 Capitol Street
dei Entity Address City Or Town
EntityAddressCityOrTown
Houston
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77002
dei City Area Code
CityAreaCode
713
dei Local Phone Number
LocalPhoneNumber
512-6200
dei Security12b Title
Security12bTitle
Common Stock
dei Trading Symbol
TradingSymbol
WM
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2021Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
421098975
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
148000000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
553000000
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
26000000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
33000000
CY2021Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2195000000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2097000000
CY2021Q2 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
9000000
CY2020Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
7000000
CY2021Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
450000000
CY2020Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
527000000
CY2021Q2 us-gaap Supplies
Supplies
126000000
CY2020Q4 us-gaap Supplies
Supplies
124000000
CY2021Q2 us-gaap Other Assets Current
OtherAssetsCurrent
307000000
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
239000000
CY2021Q2 us-gaap Assets Current
AssetsCurrent
3226000000
CY2020Q4 us-gaap Assets Current
AssetsCurrent
3540000000
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
19995000000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
19337000000
CY2021Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
14110000000
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
14148000000
CY2021Q2 us-gaap Goodwill
Goodwill
8992000000
CY2020Q4 us-gaap Goodwill
Goodwill
8994000000
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
956000000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1024000000
CY2021Q2 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
446000000
CY2020Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
347000000
CY2021Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
417000000
CY2020Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
426000000
CY2021Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
890000000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
866000000
CY2021Q2 us-gaap Assets
Assets
29037000000
CY2020Q4 us-gaap Assets
Assets
29345000000
CY2021Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1393000000
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1121000000
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1372000000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1342000000
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
557000000
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
539000000
CY2021Q2 us-gaap Debt Current
DebtCurrent
361000000
CY2020Q4 us-gaap Debt Current
DebtCurrent
551000000
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
3683000000
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3553000000
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
12883000000
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
13259000000
CY2021Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1744000000
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1806000000
CY2021Q2 us-gaap Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
2299000000
CY2020Q4 us-gaap Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
2222000000
CY2021Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1074000000
CY2021Q2 us-gaap Minority Interest
MinorityInterest
2000000
CY2020Q4 us-gaap Minority Interest
MinorityInterest
2000000
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1051000000
CY2021Q2 us-gaap Liabilities
Liabilities
21683000000
CY2020Q4 us-gaap Liabilities
Liabilities
21891000000
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1500000000
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1500000000
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
630282461
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
630282461
CY2021Q2 us-gaap Common Stock Value
CommonStockValue
6000000
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
6000000
CY2021Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
5104000000
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
5129000000
CY2021Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
11444000000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
11159000000
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
70000000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
39000000
CY2021Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
209467208
CY2020Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
207480827
CY2021Q2 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
9272000000
CY2020Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
8881000000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
7352000000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
7452000000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7354000000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7454000000
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
29037000000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
29345000000
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4476000000
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3561000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8588000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7290000000
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2736000000
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2180000000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
5250000000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4509000000
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
445000000
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
377000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
903000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
802000000
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
500000000
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
414000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
972000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
816000000
CY2021Q2 us-gaap Restructuring Charges
RestructuringCharges
4000000
CY2020Q2 us-gaap Restructuring Charges
RestructuringCharges
2000000
us-gaap Restructuring Charges
RestructuringCharges
5000000
us-gaap Restructuring Charges
RestructuringCharges
2000000
CY2020Q2 wm Gain Loss From Divestitures Asset Impairments And Unusual Items
GainLossFromDivestituresAssetImpairmentsAndUnusualItems
61000000
wm Gain Loss From Divestitures Asset Impairments And Unusual Items
GainLossFromDivestituresAssetImpairmentsAndUnusualItems
17000000
wm Gain Loss From Divestitures Asset Impairments And Unusual Items
GainLossFromDivestituresAssetImpairmentsAndUnusualItems
61000000
CY2021Q2 us-gaap Costs And Expenses
CostsAndExpenses
3685000000
wm Provision For Doubtful Accounts And Other Credit Losses
ProvisionForDoubtfulAccountsAndOtherCreditLosses
36000000
us-gaap Costs And Expenses
CostsAndExpenses
6190000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1001000000
us-gaap Costs And Expenses
CostsAndExpenses
7147000000
CY2020Q2 us-gaap Costs And Expenses
CostsAndExpenses
3034000000
us-gaap Share Based Compensation
ShareBasedCompensation
45000000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
791000000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
527000000
us-gaap Operating Income Loss
OperatingIncomeLoss
1441000000
us-gaap Operating Income Loss
OperatingIncomeLoss
1100000000
CY2021Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-98000000
CY2020Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-119000000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-195000000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-231000000
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-220000000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-220000000
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-11000000
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-14000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-20000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-40000000
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6000000
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000000
CY2021Q2 wm Interest And Other Income Expense
InterestAndOtherIncomeExpense
-335000000
CY2020Q2 wm Interest And Other Income Expense
InterestAndOtherIncomeExpense
-132000000
wm Interest And Other Income Expense
InterestAndOtherIncomeExpense
-440000000
wm Interest And Other Income Expense
InterestAndOtherIncomeExpense
-270000000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
456000000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
395000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
830000000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
105000000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
88000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
229000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
162000000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
351000000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
307000000
us-gaap Profit Loss
ProfitLoss
772000000
us-gaap Profit Loss
ProfitLoss
668000000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
351000000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
307000000
us-gaap Net Income Loss
NetIncomeLoss
772000000
us-gaap Net Income Loss
NetIncomeLoss
668000000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.83
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.58
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.82
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.57
CY2021Q2 us-gaap Profit Loss
ProfitLoss
351000000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
307000000
us-gaap Profit Loss
ProfitLoss
772000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
803000000
us-gaap Share Based Compensation
ShareBasedCompensation
23000000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
12000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
635000000
us-gaap Profit Loss
ProfitLoss
668000000
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
6000000
us-gaap Profit Loss
ProfitLoss
772000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3000000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
7000000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
7000000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5000000
CY2021Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
3000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
14000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
5000000
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
13000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
34000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
26000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-42000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1000000
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
22000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
50000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
31000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-33000000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
373000000
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
357000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
803000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
635000000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
373000000
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
357000000
us-gaap Profit Loss
ProfitLoss
668000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
972000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
816000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-67000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-35000000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
53000000
wm Gain Loss From Divestitures Asset Impairments And Other Noncash Portion
GainLossFromDivestituresAssetImpairmentsAndOtherNoncashPortion
17000000
wm Gain Loss From Divestitures Asset Impairments And Other Noncash Portion
GainLossFromDivestituresAssetImpairmentsAndOtherNoncashPortion
68000000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-22000000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-33000000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-220000000
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
24000000
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-185000000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
22000000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1000000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-9000000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-14000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
489000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
466000000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
213000000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-171000000
wm Increase Decrease In Deferred Revenue And Other Operating Liabilities
IncreaseDecreaseInDeferredRevenueAndOtherOperatingLiabilities
-52000000
wm Increase Decrease In Deferred Revenue And Other Operating Liabilities
IncreaseDecreaseInDeferredRevenueAndOtherOperatingLiabilities
-57000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2163000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1621000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
10000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
666000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
895000000
wm Proceeds From Divestiture Of Businesses Net Of Cash Divested And Proceeds From Sales Of Assets Investing Activities
ProceedsFromDivestitureOfBusinessesNetOfCashDivestedAndProceedsFromSalesOfAssetsInvestingActivities
17000000
wm Proceeds From Divestiture Of Businesses Net Of Cash Divested And Proceeds From Sales Of Assets Investing Activities
ProceedsFromDivestitureOfBusinessesNetOfCashDivestedAndProceedsFromSalesOfAssetsInvestingActivities
15000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
49000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
37000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-708000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-918000000
us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
1707000000
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
2326000000
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
705000000
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
211000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
500000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
402000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
41000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
42000000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
28000000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
34000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-10000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1810000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1575000000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4000000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-351000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-875000000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
648000000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3647000000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
297000000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2772000000
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
148000000
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2663000000
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
56000000
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
41000000
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
93000000
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
68000000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
297000000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2772000000
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7429000000
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.575
CY2021Q2 us-gaap Profit Loss
ProfitLoss
351000000
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
22000000
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
242000000
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
44000000
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
250000000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7354000000
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6745000000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
307000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
50000000
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.545
CY2020Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
230000000
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
21000000
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6893000000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7454000000
us-gaap Profit Loss
ProfitLoss
772000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
31000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.15
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
489000000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
86000000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
500000000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7354000000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7070000000
us-gaap Profit Loss
ProfitLoss
668000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-33000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.09
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
466000000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
58000000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
402000000
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6893000000
CY2021Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
170000000
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
159000000
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 7.2pt;">Reclassifications</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">When necessary, reclassifications have been made to our prior period financial information to conform to the current year presentation and are not material to our consolidated financial statements. Our prior year accumulated depreciation and gross property and equipment balances as of December 31, 2020 were overstated and subsequently corrected in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2021. </p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="background-color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 7.2pt;"><span style="font-style:italic;font-weight:bold;">Concentrations of Credit Risk</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">Financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash and cash equivalents, investments held within our restricted trust and escrow accounts, and accounts receivable. We make efforts to control our exposure to credit risk associated with these instruments by (i) placing our assets and other financial interests with a diverse group of credit-worthy financial institutions; (ii) holding high-quality financial instruments while limiting investments in any one instrument and (iii) 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.</p>
CY2021Q2 us-gaap Accrued Capping Closure Post Closure And Environmental Costs
AccruedCappingClosurePostClosureAndEnvironmentalCosts
155000000
CY2020Q4 us-gaap Accrued Capping Closure Post Closure And Environmental Costs
AccruedCappingClosurePostClosureAndEnvironmentalCosts
164000000
CY2021Q2 us-gaap Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
2299000000
CY2020Q4 us-gaap Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
2222000000
CY2021Q2 wm Accrued Capping And Environmental Costs
AccruedCappingAndEnvironmentalCosts
2454000000
CY2020Q4 wm Accrued Capping And Environmental Costs
AccruedCappingAndEnvironmentalCosts
2386000000
CY2021Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
82000000
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
85000000
CY2021Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
13244000000
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
13810000000
CY2021Q2 us-gaap Debt Current
DebtCurrent
361000000
CY2020Q4 us-gaap Debt Current
DebtCurrent
551000000
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
12883000000
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
13259000000
CY2021Q2 wm Debt And Financing Leases Maturing Or Subject To Remarketing Within Next Twelve Months
DebtAndFinancingLeasesMaturingOrSubjectToRemarketingWithinNextTwelveMonths
2900000000
CY2021Q2 us-gaap Debt Current
DebtCurrent
361000000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
23000000
CY2021Q2 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-1000000
CY2020Q2 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-5000000
CY2020Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
6000000
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
32000000
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.229
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.228
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.222
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.195
CY2021Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2000000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
11000000
CY2020Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2000000
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
420800000
CY2020Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
422200000
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
420800000
CY2021Q2 wm Number Of Landfills Adjacent To Or Near Homeowners Properties With Agreements Guaranteeing Market Value
NumberOfLandfillsAdjacentToOrNearHomeownersPropertiesWithAgreementsGuaranteeingMarketValue
18
wm Potentially Issuable Shares
PotentiallyIssuableShares
6500000
CY2020Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
422200000
CY2021Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
800000
CY2020Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
100000
wm Weighted Average Net Number Of Shares Reduced Basic
WeightedAverageNetNumberOfSharesReducedBasic
1500000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
1000000.0
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
421600000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
422300000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
422300000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
423200000
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2000000.0
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1600000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1700000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1900000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
423600000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
423900000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
424000000.0
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
425100000
CY2021Q2 wm Potentially Issuable Shares
PotentiallyIssuableShares
6100000
CY2020Q2 wm Potentially Issuable Shares
PotentiallyIssuableShares
6500000
wm Potentially Issuable Shares
PotentiallyIssuableShares
6100000
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
600000
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2100000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000.0
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2100000
CY2021Q2 wm Environmental Remediation Reasonably Possible Additional Losses High Estimate
EnvironmentalRemediationReasonablyPossibleAdditionalLossesHighEstimate
135000000
CY2021Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
220000000
CY2021Q2 wm Number Of Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
73
CY2021Q2 wm Number Of Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
73
CY2021Q2 wm Number Of Owned Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfOwnedSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
14
CY2021Q2 wm Number Of Non Owned Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfNonOwnedSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
59
CY2021Q2 wm Disclosure Required Under Item One Zero Three Of Secs Regulation Sk
DisclosureRequiredUnderItemOneZeroThreeOfSecsRegulationSk
1000000
wm Multiemployer Plans Collective Bargaining Arrangement Percentage Of Participant
MultiemployerPlansCollectiveBargainingArrangementPercentageOfParticipant
0.20
wm Maximum Number Of Life Expected For Irs Audits To Be Completed
MaximumNumberOfLifeExpectedForIrsAuditsToBeCompleted
P21M
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4476000000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
791000000
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3561000000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
527000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8588000000
us-gaap Operating Income Loss
OperatingIncomeLoss
1441000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7290000000
us-gaap Operating Income Loss
OperatingIncomeLoss
1100000000
CY2020Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
61000000
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4476000000
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3561000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8588000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7290000000
CY2021Q1 wm Gain Loss From Divestitures Asset Impairments And Unusual Items
GainLossFromDivestituresAssetImpairmentsAndUnusualItems
17000000
wm Gain Loss From Divestitures Asset Impairments And Unusual Items
GainLossFromDivestituresAssetImpairmentsAndUnusualItems
17000000
CY2021Q1 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
19000000
CY2021Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
6000000
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
8000000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
61000000
CY2020Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
61000000
CY2021Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
850000000
us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
-619000000

Files In Submission

Name View Source Status
0001558370-21-009319-index-headers.html Edgar Link pending
0001558370-21-009319-index.html Edgar Link pending
0001558370-21-009319.txt Edgar Link pending
0001558370-21-009319-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.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
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wm-20210630.xsd Edgar Link pending
wm-20210630ex221cb899a.htm Edgar Link pending
wm-20210630ex31118dbbb.htm Edgar Link pending
wm-20210630ex312dc8a37.htm Edgar Link pending
wm-20210630ex321143ef5.htm Edgar Link pending
wm-20210630ex322c2984e.htm Edgar Link pending
wm-20210630ex410a8a250.htm Edgar Link pending
wm-20210630ex422a0256d.htm Edgar Link pending
wm-20210630ex43ccc6c08.htm Edgar Link pending
wm-20210630ex4461f03d6.htm Edgar Link pending
wm-20210630x10q.htm Edgar Link pending
wm-20210630x10q_htm.xml Edgar Link completed
wm-20210630xex95.htm Edgar Link pending
wm-20210630_cal.xml Edgar Link unprocessable
wm-20210630_def.xml Edgar Link unprocessable
wm-20210630_lab.xml Edgar Link unprocessable
wm-20210630_pre.xml Edgar Link unprocessable