2023 Q2 Form 10-Q Financial Statement
#000155837023007024 Filed on April 27, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
Revenue | $5.119B | $4.892B |
YoY Change | 1.83% | 4.96% |
Cost Of Revenue | $2.682B | $3.086B |
YoY Change | -14.64% | 6.3% |
Gross Profit | $2.437B | $1.806B |
YoY Change | 29.28% | 2.73% |
Gross Profit Margin | 47.61% | 36.92% |
Selling, General & Admin | $971.0M | $476.0M |
YoY Change | 99.38% | -3.05% |
% of Gross Profit | 39.84% | 26.36% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $521.0M | $505.0M |
YoY Change | 2.56% | 4.77% |
% of Gross Profit | 21.38% | 27.96% |
Operating Expenses | $1.492B | $476.0M |
YoY Change | 206.37% | -3.05% |
Operating Profit | $945.0M | $825.0M |
YoY Change | 6.18% | 7.42% |
Interest Expense | -$137.0M | -$120.0M |
YoY Change | 47.31% | 41.18% |
% of Operating Profit | -14.5% | -14.55% |
Other Income/Expense, Net | $2.000M | $2.000M |
YoY Change | -150.0% | -33.33% |
Pretax Income | $809.0M | $696.0M |
YoY Change | 4.25% | 3.73% |
Income Tax | $196.0M | $164.0M |
% Of Pretax Income | 24.23% | 23.56% |
Net Earnings | $615.0M | $533.0M |
YoY Change | 4.77% | 3.9% |
Net Earnings / Revenue | 12.01% | 10.9% |
Basic Earnings Per Share | $1.52 | $1.31 |
Diluted Earnings Per Share | $1.51 | $1.30 |
COMMON SHARES | ||
Basic Shares Outstanding | 406.8M | 408.2M |
Diluted Shares Outstanding | 407.7M | 409.0M |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $144.0M | $257.0M |
YoY Change | -83.89% | 65.81% |
Cash & Equivalents | $144.0M | $257.0M |
Short-Term Investments | ||
Other Short-Term Assets | $320.0M | $336.0M |
YoY Change | 18.96% | 21.74% |
Inventory | $170.0M | $170.0M |
Prepaid Expenses | ||
Receivables | $2.576B | $2.418B |
Other Receivables | $270.0M | $190.0M |
Total Short-Term Assets | $3.480B | $3.371B |
YoY Change | -12.72% | 10.2% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $15.92B | $15.71B |
YoY Change | 10.67% | 9.84% |
Goodwill | $9.399B | $9.344B |
YoY Change | 4.18% | 3.43% |
Intangibles | $809.0M | $823.0M |
YoY Change | -3.0% | -5.18% |
Long-Term Investments | $564.0M | $569.0M |
YoY Change | -7.08% | -8.96% |
Other Assets | $1.445B | $1.002B |
YoY Change | 60.73% | 12.21% |
Total Long-Term Assets | $28.13B | $27.92B |
YoY Change | 7.62% | 6.72% |
TOTAL ASSETS | ||
Total Short-Term Assets | $3.480B | $3.371B |
Total Long-Term Assets | $28.13B | $27.92B |
Total Assets | $31.61B | $31.29B |
YoY Change | 4.93% | 7.09% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.626B | $1.510B |
YoY Change | 17.66% | 9.1% |
Accrued Expenses | $1.544B | $1.426B |
YoY Change | 3.42% | 2.81% |
Deferred Revenue | $568.0M | $584.0M |
YoY Change | -7.79% | -2.67% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $513.0M | $336.0M |
YoY Change | 122.08% | -22.76% |
Total Short-Term Liabilities | $4.251B | $3.856B |
YoY Change | 14.21% | 1.31% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $14.86B | $15.03B |
YoY Change | 5.76% | 15.19% |
Other Long-Term Liabilities | $3.802B | $1.079B |
YoY Change | 242.52% | -4.17% |
Total Long-Term Liabilities | $18.66B | $1.079B |
YoY Change | 1580.81% | -4.17% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $4.251B | $3.856B |
Total Long-Term Liabilities | $18.66B | $1.079B |
Total Liabilities | $24.71B | $24.48B |
YoY Change | 7.71% | 10.91% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $13.74B | $13.41B |
YoY Change | 9.4% | 9.53% |
Common Stock | $5.347B | $5.250B |
YoY Change | 1.6% | 1.27% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $6.909B | $6.794B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $31.61B | $31.29B |
YoY Change | 4.93% | 7.09% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $615.0M | $533.0M |
YoY Change | 4.77% | 3.9% |
Depreciation, Depletion And Amortization | $521.0M | $505.0M |
YoY Change | 2.56% | 4.77% |
Cash From Operating Activities | $1.030B | $1.040B |
YoY Change | -1.62% | -17.33% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $520.0M | $660.0M |
YoY Change | -194.55% | -257.89% |
Acquisitions | $34.00M | |
YoY Change | 277.78% | |
Other Investing Activities | -$41.00M | $95.00M |
YoY Change | -286.36% | -36.67% |
Cash From Investing Activities | -$561.0M | -$778.0M |
YoY Change | 6.25% | 36.01% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -600.0M | -319.0M |
YoY Change | -363.16% | -49.76% |
NET CHANGE | ||
Cash From Operating Activities | 1.030B | 1.040B |
Cash From Investing Activities | -561.0M | -778.0M |
Cash From Financing Activities | -600.0M | -319.0M |
Net Change In Cash | -131.0M | -53.00M |
YoY Change | -117.54% | -201.92% |
FREE CASH FLOW | ||
Cash From Operating Activities | $1.030B | $1.040B |
Capital Expenditures | $520.0M | $660.0M |
Free Cash Flow | $510.0M | $380.0M |
YoY Change | -68.07% | -77.33% |
Facts In Submission
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CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
3000000 | |
CY2023Q1 | wm |
Gain Loss From Divestitures Asset Impairments And Unusual Items
GainLossFromDivestituresAssetImpairmentsAndUnusualItems
|
-3000000 | |
CY2022Q1 | wm |
Gain Loss From Divestitures Asset Impairments And Unusual Items
GainLossFromDivestituresAssetImpairmentsAndUnusualItems
|
17000000 | |
CY2023Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
4067000000 | |
CY2022Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
3893000000 | |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
825000000 | |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
768000000 | |
CY2023Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-120000000 | |
CY2022Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-85000000 | |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-11000000 | |
CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-15000000 | |
CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2000000 | |
CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
3000000 | |
CY2023Q1 | wm |
Interest And Other Income Expense
InterestAndOtherIncomeExpense
|
-129000000 | |
CY2022Q1 | wm |
Interest And Other Income Expense
InterestAndOtherIncomeExpense
|
-97000000 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
696000000 | |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
671000000 | |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
164000000 | |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
157000000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
532000000 | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
514000000 | |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1000000 | |
CY2022Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
533000000 | |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
513000000 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.31 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.24 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.30 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.23 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
532000000 | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
514000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
5000000 | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
1000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
5000000 | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-13000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
2000000 | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
10000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
12000000 | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2000000 | |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
544000000 | |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
512000000 | |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-1000000 | |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1000000 | |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
545000000 | |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
511000000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
532000000 | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
514000000 | |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
505000000 | |
CY2023Q1 | us-gaap |
Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
|
32000000 | |
CY2022Q1 | us-gaap |
Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
|
28000000 | |
CY2023Q1 | wm |
Provision For Doubtful Accounts And Other Credit Losses
ProvisionForDoubtfulAccountsAndOtherCreditLosses
|
9000000 | |
CY2022Q1 | wm |
Provision For Doubtful Accounts And Other Credit Losses
ProvisionForDoubtfulAccountsAndOtherCreditLosses
|
10000000 | |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
26000000 | |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
25000000 | |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
10000000 | |
CY2022Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
4000000 | |
CY2023Q1 | wm |
Gain Loss From Divestitures Asset Impairments And Other Noncash Portion
GainLossFromDivestituresAssetImpairmentsAndOtherNoncashPortion
|
-3000000 | |
CY2022Q1 | wm |
Gain Loss From Divestitures Asset Impairments And Other Noncash Portion
GainLossFromDivestituresAssetImpairmentsAndOtherNoncashPortion
|
17000000 | |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
-11000000 | |
CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
-15000000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-138000000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-93000000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
51000000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
20000000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-22000000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-19000000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-145000000 | |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
101000000 | |
CY2023Q1 | wm |
Increase Decrease In Deferred Revenue And Other Operating Liabilities
IncreaseDecreaseInDeferredRevenueAndOtherOperatingLiabilities
|
-64000000 | |
CY2022Q1 | wm |
Increase Decrease In Deferred Revenue And Other Operating Liabilities
IncreaseDecreaseInDeferredRevenueAndOtherOperatingLiabilities
|
-11000000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1044000000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1258000000 | |
CY2023Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
34000000 | |
CY2022Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
9000000 | |
CY2023Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
660000000 | |
CY2022Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
418000000 | |
CY2023Q1 | wm |
Proceeds From Divestiture Of Businesses Net Of Cash Divested And Proceeds From Sales Of Assets Investing Activities
ProceedsFromDivestitureOfBusinessesNetOfCashDivestedAndProceedsFromSalesOfAssetsInvestingActivities
|
11000000 | |
CY2022Q1 | wm |
Proceeds From Divestiture Of Businesses Net Of Cash Divested And Proceeds From Sales Of Assets Investing Activities
ProceedsFromDivestitureOfBusinessesNetOfCashDivestedAndProceedsFromSalesOfAssetsInvestingActivities
|
5000000 | |
CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
95000000 | |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
150000000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-778000000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-572000000 | |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
6885000000 | |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
2362000000 | |
CY2023Q1 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
6548000000 | |
CY2022Q1 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
2471000000 | |
CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
350000000 | |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
250000000 | |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
289000000 | |
CY2022Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
275000000 | |
CY2023Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
12000000 | |
CY2022Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
9000000 | |
CY2023Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
28000000 | |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
34000000 | |
CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1000000 | |
CY2022Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
24000000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-319000000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-635000000 | |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1000000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-53000000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
52000000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
445000000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
194000000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
392000000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
246000000 | |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
257000000 | |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
155000000 | |
CY2023Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
62000000 | |
CY2022Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
20000000 | |
CY2023Q1 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
73000000 | |
CY2022Q1 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
71000000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
392000000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
246000000 | |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6864000000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
532000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
12000000 | |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.70 | |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
289000000 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
42000000 | |
CY2023Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
353000000 | |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6808000000 | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7126000000 | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
514000000 | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2000000 | |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.65 | |
CY2022Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
275000000 | |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
34000000 | |
CY2022Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
250000000 | |
CY2022Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
1000000 | |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7146000000 | |
CY2023Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | |
CY2023Q1 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
192000000 | |
CY2023Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;background:#ffffff;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 restricted funds, 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> | |
CY2023Q1 | 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. </p> | |
CY2023Q1 | us-gaap |
Accrued Capping Closure Post Closure And Environmental Costs
AccruedCappingClosurePostClosureAndEnvironmentalCosts
|
168000000 | |
CY2022Q4 | us-gaap |
Accrued Capping Closure Post Closure And Environmental Costs
AccruedCappingClosurePostClosureAndEnvironmentalCosts
|
168000000 | |
CY2023Q1 | us-gaap |
Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
|
2729000000 | |
CY2022Q4 | us-gaap |
Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
|
2700000000 | |
CY2023Q1 | wm |
Accrued Capping And Environmental Costs
AccruedCappingAndEnvironmentalCosts
|
2897000000 | |
CY2022Q4 | wm |
Accrued Capping And Environmental Costs
AccruedCappingAndEnvironmentalCosts
|
2868000000 | |
CY2023Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
91000000 | |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
88000000 | |
CY2023Q1 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
15370000000 | |
CY2022Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
14984000000 | |
CY2023Q1 | us-gaap |
Debt Current
DebtCurrent
|
336000000 | |
CY2022Q4 | us-gaap |
Debt Current
DebtCurrent
|
414000000 | |
CY2023Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
15034000000 | |
CY2022Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
14570000000 | |
CY2023Q1 | wm |
Debt And Financing Leases Maturing Or Subject To Remarketing Within Next Twelve Months
DebtAndFinancingLeasesMaturingOrSubjectToRemarketingWithinNextTwelveMonths
|
2300000000 | |
CY2023Q1 | wm |
Debt Maturing Or Subject To Refinancing Within Next Twelve Months Classified As Long Term
DebtMaturingOrSubjectToRefinancingWithinNextTwelveMonthsClassifiedAsLongTerm
|
1900000000 | |
CY2023Q1 | us-gaap |
Debt Current
DebtCurrent
|
336000000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1040000000.00 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.236 | |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.235 | |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
7000000 | |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
10000000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
0 | |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
3000000 | |
CY2023Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
406800000 | |
CY2022Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
415200000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
600000 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
500000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
407400000 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
415700000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1600000 | |
CY2022Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2100000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
409000000.0 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
417800000 | |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
5600000 | |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
5900000 | |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1800000 | |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1800000 | |
CY2023Q1 | wm |
Number Of Landfills Adjacent To Or Near Homeowners Properties With Agreements Guaranteeing Market Value
NumberOfLandfillsAdjacentToOrNearHomeownersPropertiesWithAgreementsGuaranteeingMarketValue
|
17 | |
CY2023Q1 | wm |
Environmental Remediation Reasonably Possible Additional Losses High Estimate
EnvironmentalRemediationReasonablyPossibleAdditionalLossesHighEstimate
|
130000000 | |
CY2023Q1 | us-gaap |
Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
|
200000000 | |
CY2023Q1 | wm |
Number Of Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
|
73 | |
CY2023Q1 | wm |
Number Of Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
|
73 | |
CY2023Q1 | wm |
Number Of Owned Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfOwnedSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
|
14 | |
CY2023Q1 | 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 | |
CY2023Q1 | wm |
Disclosure Required Under Item One Zero Three Of Secs Regulation Sk
DisclosureRequiredUnderItemOneZeroThreeOfSecsRegulationSk
|
1000000 | |
CY2023Q1 | wm |
Multiemployer Plans Collective Bargaining Arrangement Percentage Of Participant
MultiemployerPlansCollectiveBargainingArrangementPercentageOfParticipant
|
0.20 | |
CY2023Q1 | wm |
Maximum Number Of Life Expected For Irs Audits To Be Completed
MaximumNumberOfLifeExpectedForIrsAuditsToBeCompleted
|
P24M | |
CY2023Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4892000000 | |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4892000000 | |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
825000000 | |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4661000000 | |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4661000000 | |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
768000000 | |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4892000000 | |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4661000000 | |
CY2023Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
1150000000 | |
CY2023Q1 | us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
337000000 |