$WM
WASTE MANAGEMENT INC

2023 Q4 Form 10-Q Financial Statement

#000155837023016700 Filed on October 25, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $5.217B $5.198B
YoY Change 5.71% 2.42%
Cost Of Revenue $3.146B $3.188B
YoY Change 1.71% 1.01%
Gross Profit $2.071B $2.010B
YoY Change 12.43% 4.74%
Gross Profit Margin 39.7% 38.67%
Selling, General & Admin $513.0M $470.0M
YoY Change 5.34% -0.63%
% of Gross Profit 24.77% 23.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $526.0M $519.0M
YoY Change -3.49% 3.18%
% of Gross Profit 25.4% 25.82%
Operating Expenses $1.039B $470.0M
YoY Change 0.68% -0.63%
Operating Profit $1.032B $1.021B
YoY Change 27.41% 8.39%
Interest Expense -$147.0M -$127.0M
YoY Change 15.75% 39.56%
% of Operating Profit -14.24% -12.44%
Other Income/Expense, Net $6.000M -$4.000M
YoY Change 20.0% -33.33%
Pretax Income $644.0M $872.0M
YoY Change 0.16% 5.31%
Income Tax $175.0M $210.0M
% Of Pretax Income 27.17% 24.08%
Net Earnings $493.0M $663.0M
YoY Change -1.2% 3.76%
Net Earnings / Revenue 9.45% 12.75%
Basic Earnings Per Share $1.64
Diluted Earnings Per Share $1.22 $1.63
COMMON SHARES
Basic Shares Outstanding 402.8M 405.1M
Diluted Shares Outstanding 405.9M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $458.0M $150.0M
YoY Change 30.48% 9.49%
Cash & Equivalents $458.0M $150.0M
Short-Term Investments
Other Short-Term Assets $303.0M $320.0M
YoY Change -32.37% 9.59%
Inventory $173.0M $175.0M
Prepaid Expenses
Receivables $2.633B $2.646B
Other Receivables $237.0M $271.0M
Total Short-Term Assets $3.804B $3.562B
YoY Change 7.12% 9.13%
LONG-TERM ASSETS
Property, Plant & Equipment $16.97B $16.23B
YoY Change 7.95% 10.09%
Goodwill $9.254B $9.398B
YoY Change -0.74% 3.37%
Intangibles $759.0M $779.0M
YoY Change -8.22% -8.03%
Long-Term Investments $538.0M $542.0M
YoY Change 16.96% -8.6%
Other Assets $1.010B $1.001B
YoY Change -48.13% 7.75%
Total Long-Term Assets $29.02B $28.37B
YoY Change 4.32% 6.76%
TOTAL ASSETS
Total Short-Term Assets $3.804B $3.562B
Total Long-Term Assets $29.02B $28.37B
Total Assets $32.82B $31.94B
YoY Change 4.64% 7.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.709B $1.738B
YoY Change -57.06% 16.72%
Accrued Expenses $1.605B $1.596B
YoY Change -1.23% 6.68%
Deferred Revenue $578.0M $587.0M
YoY Change -1.87% -0.68%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $334.0M $297.0M
YoY Change -19.32% 15.12%
Total Short-Term Liabilities $4.226B $4.218B
YoY Change -3.82% 10.02%
LONG-TERM LIABILITIES
Long-Term Debt $15.90B $15.13B
YoY Change 9.09% 9.62%
Other Long-Term Liabilities $1.092B $1.080B
YoY Change -80.29% -4.0%
Total Long-Term Liabilities $1.092B $1.080B
YoY Change -94.57% -4.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.226B $4.218B
Total Long-Term Liabilities $1.092B $1.080B
Total Liabilities $25.93B $24.97B
YoY Change 5.75% 9.37%
SHAREHOLDERS EQUITY
Retained Earnings $14.33B $14.12B
YoY Change 8.86% 9.21%
Common Stock $5.357B $5.391B
YoY Change 0.7% 1.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.903B $6.950B
YoY Change
Total Liabilities & Shareholders Equity $32.82B $31.94B
YoY Change 4.64% 7.02%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $493.0M $663.0M
YoY Change -1.2% 3.76%
Depreciation, Depletion And Amortization $526.0M $519.0M
YoY Change -3.49% 3.18%
Cash From Operating Activities $1.382B $1.263B
YoY Change 31.74% 6.85%
INVESTING ACTIVITIES
Capital Expenditures $1.042B $673.0M
YoY Change -220.88% -188.9%
Acquisitions
YoY Change
Other Investing Activities -$42.00M $5.000M
YoY Change -74.55% -102.79%
Cash From Investing Activities -$1.084B -$668.0M
YoY Change 5.55% -28.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.000M -606.0M
YoY Change -99.43% -38.41%
NET CHANGE
Cash From Operating Activities 1.382B 1.263B
Cash From Investing Activities -1.084B -668.0M
Cash From Financing Activities 1.000M -606.0M
Net Change In Cash 299.0M -11.00M
YoY Change 51.78% -98.51%
FREE CASH FLOW
Cash From Operating Activities $1.382B $1.263B
Capital Expenditures $1.042B $673.0M
Free Cash Flow $340.0M $590.0M
YoY Change -82.21% -69.57%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents Current Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsCurrentAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherAssetsCurrent
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents Current Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsCurrentAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherAssetsCurrent
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsNoncurrentAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#RestrictedCashAndInvestmentsNoncurrent
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashAndCashEquivalentsNoncurrentAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#RestrictedCashAndInvestmentsNoncurrent
CY2022Q4 us-gaap Environmental Loss Contingency Current Statement Of Financial Position Extensible Enumeration
EnvironmentalLossContingencyCurrentStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
CY2023Q3 us-gaap Environmental Loss Contingency Current Statement Of Financial Position Extensible Enumeration
EnvironmentalLossContingencyCurrentStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
CY2022Q4 us-gaap Environmental Loss Contingency Noncurrent Statement Of Financial Position Extensible Enumeration
EnvironmentalLossContingencyNoncurrentStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
CY2023Q3 us-gaap Environmental Loss Contingency Noncurrent Statement Of Financial Position Extensible Enumeration
EnvironmentalLossContingencyNoncurrentStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
CY2022Q4 us-gaap Environmental Loss Contingency Statement Of Financial Position Extensible Enumeration
EnvironmentalLossContingencyStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
CY2023Q3 us-gaap Environmental Loss Contingency Statement Of Financial Position Extensible Enumeration
EnvironmentalLossContingencyStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2023#AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Central Index Key
EntityCentralIndexKey
0000823768
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-09-30
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 Address Line2
EntityAddressAddressLine2
Suite 3000
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
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
402775427
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
150000000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
351000000
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
26000000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
26000000
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2646000000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2461000000
CY2023Q3 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
4000000
CY2022Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
7000000
CY2023Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
271000000
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
291000000
CY2023Q3 us-gaap Supplies
Supplies
175000000
CY2022Q4 us-gaap Supplies
Supplies
164000000
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
320000000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
284000000
CY2023Q3 us-gaap Assets Current
AssetsCurrent
3562000000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
3551000000
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
22702000000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21627000000
CY2023Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
16229000000
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
15719000000
CY2023Q3 us-gaap Goodwill
Goodwill
9398000000
CY2022Q4 us-gaap Goodwill
Goodwill
9323000000
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
779000000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
827000000
CY2023Q3 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
424000000
CY2022Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
348000000
CY2023Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
542000000
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
578000000
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1001000000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1021000000
CY2023Q3 us-gaap Assets
Assets
31935000000
CY2022Q4 us-gaap Assets
Assets
31367000000
CY2023Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1738000000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1766000000
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1596000000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1625000000
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
587000000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
589000000
CY2023Q3 us-gaap Debt Current
DebtCurrent
297000000
CY2022Q4 us-gaap Debt Current
DebtCurrent
414000000
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
4218000000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4394000000
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
15133000000
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
14570000000
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1811000000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1733000000
CY2023Q3 us-gaap Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
2727000000
CY2022Q4 us-gaap Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
2700000000
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1080000000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1106000000
CY2023Q3 us-gaap Liabilities
Liabilities
24969000000
CY2022Q4 us-gaap Liabilities
Liabilities
24503000000
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1500000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1500000000
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
630282461
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
630282461
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
6000000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
6000000
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
5385000000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
5314000000
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
14124000000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
13167000000
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-58000000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-69000000
CY2023Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
227456833
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
222396166
CY2023Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
12507000000
CY2022Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
11569000000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
6950000000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
6849000000
CY2023Q3 us-gaap Minority Interest
MinorityInterest
16000000
CY2022Q4 us-gaap Minority Interest
MinorityInterest
15000000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6966000000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6864000000
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
31935000000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
31367000000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5198000000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5075000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15209000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14763000000
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3188000000
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3156000000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
9460000000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
9201000000
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
470000000
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
473000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1413000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1451000000
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
519000000
CY2022Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
503000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1545000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1493000000
CY2022Q3 us-gaap Restructuring Charges
RestructuringCharges
1000000
us-gaap Restructuring Charges
RestructuringCharges
4000000
us-gaap Restructuring Charges
RestructuringCharges
1000000
wm Gain Loss From Divestitures Asset Impairments And Unusual Items
GainLossFromDivestituresAssetImpairmentsAndUnusualItems
-3000000
wm Gain Loss From Divestitures Asset Impairments And Unusual Items
GainLossFromDivestituresAssetImpairmentsAndUnusualItems
17000000
CY2023Q3 us-gaap Costs And Expenses
CostsAndExpenses
4177000000
CY2022Q3 us-gaap Costs And Expenses
CostsAndExpenses
4133000000
us-gaap Costs And Expenses
CostsAndExpenses
12419000000
us-gaap Costs And Expenses
CostsAndExpenses
12163000000
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1021000000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
942000000
us-gaap Operating Income Loss
OperatingIncomeLoss
2790000000
us-gaap Operating Income Loss
OperatingIncomeLoss
2600000000
CY2023Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-127000000
CY2022Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-91000000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-372000000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-269000000
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-18000000
CY2022Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-17000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-41000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-49000000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4000000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7000000
CY2023Q3 wm Interest And Other Income Expense
InterestAndOtherIncomeExpense
-149000000
CY2022Q3 wm Interest And Other Income Expense
InterestAndOtherIncomeExpense
-114000000
wm Interest And Other Income Expense
InterestAndOtherIncomeExpense
-413000000
wm Interest And Other Income Expense
InterestAndOtherIncomeExpense
-325000000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
872000000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
828000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2377000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2275000000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
210000000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
189000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
570000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
535000000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
662000000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
639000000
us-gaap Profit Loss
ProfitLoss
1807000000
us-gaap Profit Loss
ProfitLoss
1740000000
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1000000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4000000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
663000000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
639000000
us-gaap Net Income Loss
NetIncomeLoss
1811000000
us-gaap Net Income Loss
NetIncomeLoss
1739000000
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.64
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.55
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.46
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.20
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.63
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.54
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.44
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.18
CY2023Q3 us-gaap Profit Loss
ProfitLoss
662000000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
639000000
us-gaap Profit Loss
ProfitLoss
1807000000
us-gaap Profit Loss
ProfitLoss
1740000000
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3000000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
14000000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3000000
CY2023Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-4000000
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-9000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-29000000
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-25000000
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-66000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-83000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1000000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-26000000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-75000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-109000000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
636000000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
564000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1818000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1631000000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1000000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-4000000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1000000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
637000000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
564000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1822000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1630000000
us-gaap Profit Loss
ProfitLoss
1807000000
us-gaap Profit Loss
ProfitLoss
1740000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1545000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1493000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
69000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-53000000
us-gaap Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
97000000
us-gaap Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
84000000
wm Provision For Doubtful Accounts And Other Credit Losses
ProvisionForDoubtfulAccountsAndOtherCreditLosses
36000000
wm Provision For Doubtful Accounts And Other Credit Losses
ProvisionForDoubtfulAccountsAndOtherCreditLosses
36000000
us-gaap Share Based Compensation
ShareBasedCompensation
71000000
us-gaap Share Based Compensation
ShareBasedCompensation
71000000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
33000000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
5000000
wm Gain Loss From Divestitures Asset Impairments And Other Noncash Portion
GainLossFromDivestituresAssetImpairmentsAndOtherNoncashPortion
-3000000
wm Gain Loss From Divestitures Asset Impairments And Other Noncash Portion
GainLossFromDivestituresAssetImpairmentsAndOtherNoncashPortion
17000000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-41000000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-49000000
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
197000000
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
101000000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
26000000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
47000000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-67000000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-19000000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
63000000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
325000000
wm Increase Decrease In Deferred Revenue And Other Operating Liabilities
IncreaseDecreaseInDeferredRevenueAndOtherOperatingLiabilities
-200000000
wm Increase Decrease In Deferred Revenue And Other Operating Liabilities
IncreaseDecreaseInDeferredRevenueAndOtherOperatingLiabilities
-141000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3337000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3487000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
139000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
207000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1853000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1725000000
wm Proceeds From Divestiture Of Businesses Net Of Cash Divested And Proceeds From Sales Of Assets Investing Activities
ProceedsFromDivestitureOfBusinessesNetOfCashDivestedAndProceedsFromSalesOfAssetsInvestingActivities
68000000
wm Proceeds From Divestiture Of Businesses Net Of Cash Divested And Proceeds From Sales Of Assets Investing Activities
ProceedsFromDivestitureOfBusinessesNetOfCashDivestedAndProceedsFromSalesOfAssetsInvestingActivities
18000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
83000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
122000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2007000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2036000000
us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
17319000000
us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
5916000000
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
16991000000
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
5429000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
990000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1061000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
855000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
811000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
29000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
39000000
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
39000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1525000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1391000000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-6000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-195000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
54000000
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
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
250000000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
248000000
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
150000000
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
137000000
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
25000000
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
44000000
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
75000000
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
67000000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
250000000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
248000000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6928000000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
662000000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-26000000
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.70
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
283000000
CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
60000000
CY2023Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
373000000
CY2023Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
2000000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6966000000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7192000000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
639000000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-75000000
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.65
CY2022Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
267000000
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
62000000
CY2022Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
539000000
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7012000000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6864000000
us-gaap Profit Loss
ProfitLoss
1807000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.10
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
855000000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
135000000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1001000000
us-gaap Stockholders Equity Other
StockholdersEquityOther
-5000000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6966000000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7126000000
us-gaap Profit Loss
ProfitLoss
1740000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-109000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.95
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
811000000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
130000000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1063000000
us-gaap Stockholders Equity Other
StockholdersEquityOther
1000000
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7012000000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1400000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1200000
CY2023Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
207000000
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
192000000
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>
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>
CY2023Q3 us-gaap Accrued Capping Closure Post Closure And Environmental Costs
AccruedCappingClosurePostClosureAndEnvironmentalCosts
174000000
CY2022Q4 us-gaap Accrued Capping Closure Post Closure And Environmental Costs
AccruedCappingClosurePostClosureAndEnvironmentalCosts
168000000
CY2023Q3 us-gaap Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
2727000000
CY2022Q4 us-gaap Accrued Capping Closure Post Closure And Environmental Costs Noncurrent
AccruedCappingClosurePostClosureAndEnvironmentalCostsNoncurrent
2700000000
CY2023Q3 wm Accrued Capping And Environmental Costs
AccruedCappingAndEnvironmentalCosts
2901000000
CY2022Q4 wm Accrued Capping And Environmental Costs
AccruedCappingAndEnvironmentalCosts
2868000000
CY2023Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
123000000
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
88000000
CY2023Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
15430000000
CY2022Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
14984000000
CY2023Q3 us-gaap Debt Current
DebtCurrent
297000000
CY2022Q4 us-gaap Debt Current
DebtCurrent
414000000
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
15133000000
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
14570000000
CY2023Q3 wm Debt And Financing Leases Maturing Or Subject To Remarketing Within Next Twelve Months
DebtAndFinancingLeasesMaturingOrSubjectToRemarketingWithinNextTwelveMonths
2400000000
CY2023Q3 wm Debt Maturing Or Subject To Refinancing Within Next Twelve Months Classified As Long Term
DebtMaturingOrSubjectToRefinancingWithinNextTwelveMonthsClassifiedAsLongTerm
2100000000
CY2023Q3 us-gaap Debt Current
DebtCurrent
297000000
CY2023Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
800000000
us-gaap Derivative Cash Received On Hedge
DerivativeCashReceivedOnHedge
19000000
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.241
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.240
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.228
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.235
CY2023Q3 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
10000000
us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
16000000
CY2023Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1000000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
11000000
CY2022Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5000000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
17000000
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
402800000
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
410500000
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
402800000
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
410500000
CY2023Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
1200000
CY2022Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
1500000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
3000000.0
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
3500000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
404000000.0
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
412000000.0
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
405800000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
414000000.0
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1900000
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2300000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1800000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2200000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
405900000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
414300000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
407600000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
416200000
CY2023Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
5300000
CY2022Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
5300000
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
5300000
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
5300000
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000.0
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
600000
CY2023Q3 wm Number Of Landfills Adjacent To Or Near Homeowners Properties With Agreements Guaranteeing Market Value
NumberOfLandfillsAdjacentToOrNearHomeownersPropertiesWithAgreementsGuaranteeingMarketValue
19
CY2023Q3 wm Environmental Remediation Reasonably Possible Additional Losses High Estimate
EnvironmentalRemediationReasonablyPossibleAdditionalLossesHighEstimate
120000000
CY2023Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
185000000
CY2023Q3 wm Number Of Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
73
CY2023Q3 wm Number Of Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
73
CY2023Q3 wm Number Of Owned Sites Listed On Environmental Protection Agency National Priorities List For Which We Have Been Notified We Are Prp
NumberOfOwnedSitesListedOnEnvironmentalProtectionAgencyNationalPrioritiesListForWhichWeHaveBeenNotifiedWeArePrp
14
CY2023Q3 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
CY2023Q3 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
P18M
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5198000000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5198000000
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1021000000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5075000000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5075000000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
942000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15209000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15209000000
us-gaap Operating Income Loss
OperatingIncomeLoss
2790000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14763000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14763000000
us-gaap Operating Income Loss
OperatingIncomeLoss
2600000000
CY2022Q3 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
26000000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5198000000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5075000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15209000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14763000000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
10000000
us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
6000000
CY2022Q1 us-gaap Accrual For Environmental Loss Contingencies Increase Decrease For Revision In Estimates
AccrualForEnvironmentalLossContingenciesIncreaseDecreaseForRevisionInEstimates
17000000
CY2023Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
508500000

Files In Submission

Name View Source Status
0001558370-23-016700-index-headers.html Edgar Link pending
0001558370-23-016700-index.html Edgar Link pending
0001558370-23-016700.txt Edgar Link pending
0001558370-23-016700-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
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
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-20230930.xsd Edgar Link pending
wm-20230930x10q.htm Edgar Link pending
wm-20230930xex22d1.htm Edgar Link pending
wm-20230930xex31d1.htm Edgar Link pending
wm-20230930xex31d2.htm Edgar Link pending
wm-20230930xex32d1.htm Edgar Link pending
wm-20230930xex32d2.htm Edgar Link pending
wm-20230930xex4d1.htm Edgar Link pending
wm-20230930xex4d2.htm Edgar Link pending
wm-20230930xex4d3.htm Edgar Link pending
wm-20230930xex4d4.htm Edgar Link pending
wm-20230930xex95.htm Edgar Link pending
wm-20230930_cal.xml Edgar Link unprocessable
wm-20230930_def.xml Edgar Link unprocessable
wm-20230930_lab.xml Edgar Link unprocessable
wm-20230930_pre.xml Edgar Link unprocessable
wm-20230930x10q_htm.xml Edgar Link completed