← WASTE MANAGEMENT INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Consolidated net income $1.2b $1.9b $1.9b $1.7b $1.5b $1.8b $2.2b $2.3b $2.7b $2.7b
Net Income (Loss) Attributable to Parent $1.2b $1.9b $1.9b $1.7b $1.5b $1.8b $2.2b $2.3b $2.7b $2.7b
Net Income (Loss) Attributable to Noncontrolling Interest ($2.0m) — ($2.0m) $1.0m — $1.0m $2.0m ($28.0m) ($1.0m) $1.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $1.2b $1.9b $1.9b $1.7b $1.5b $1.8b $2.2b $2.3b $2.7b $2.7b
Amortization of Intangible Assets — $96.0m $101.0m $106.0m $107.0m $143.0m $129.0m $129.0m $180.0m $421.0m
Capitalized Computer Software, Amortization — — — — — — $16.0m — — —
Depreciation, Depletion and Amortization $1.3b $1.4b $1.5b $1.6b $1.7b $2.0b $2.0b $2.1b $2.3b $2.9b
Deferred Income Tax Expense (Benefit) $73.0m ($251.0m) $25.0m $100.0m $165.0m ($77.0m) $49.0m $83.0m $124.0m $363.0m
(Gain) loss from divestitures, asset impairments and other, net $114.0m $49.0m ($58.0m) $113.0m $43.0m ($16.0m) $62.0m $75.0m $82.0m $248.0m
Goodwill, Impairment Loss $12.0m $34.0m $6.0m $27.0m — — — $168.0m $0 $16.0m
Payment, Tax Withholding, Share-based Payment Arrangement — $47.0m $29.0m $33.0m $34.0m $28.0m $39.0m $31.0m $52.0m $51.0m
Share-based Payment Arrangement, Expense — — — — — — $71.0m $78.0m $99.0m $154.0m
Share-based Payment Arrangement, Noncash Expense $90.0m $101.0m $89.0m $86.0m $94.0m $108.0m $84.0m $93.0m $118.0m $169.0m
Gain (Loss) on Disposition of Assets ($9.0m) $38.0m $96.0m — $33.0m $44.0m $5.0m — $26.0m —
Gain (Loss) on Disposition of Property Plant Equipment $24.0m $20.0m $47.0m $27.0m $9.0m $25.0m $21.0m $42.0m $102.0m $21.0m
Gain (Loss) on Extinguishment of Debt ($4.0m) ($6.0m) — ($85.0m) ($53.0m) ($220.0m) — — ($7.0m) —
Income (Loss) from Equity Method Investments ($44.0m) ($68.0m) ($41.0m) ($55.0m) ($68.0m) ($36.0m) ($67.0m) ($60.0m) $4.0m $10.0m
Income Tax Expense (Benefit) $642.0m $242.0m $453.0m $434.0m $397.0m $532.0m $678.0m $745.0m $713.0m $717.0m
Operating Lease, Expense — $134.0m $129.0m — — — — — — —
Other Nonoperating Income (Expense) ($50.0m) ($8.0m) $2.0m ($50.0m) $5.0m $5.0m ($2.0m) $6.0m ($4.0m) $20.0m
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions ($44.0m) ($39.0m) ($41.0m) ($55.0m) ($60.0m) ($38.0m) ($67.0m) ($60.0m) $4.0m $10.0m
Additional Financial Items
Accounts payable and accrued liabilities $174.0m $126.0m $203.0m $243.0m ($37.0m) $206.0m $393.0m $90.0m $281.0m $41.0m
Accretion Expense, Including Asset Retirement Obligations — — — — — $111.0m $112.0m $130.0m $133.0m $142.0m
Asset Retirement Obligation, Accretion Expense $91.0m $92.0m $95.0m $98.0m $103.0m — — — — —
Deferred revenues and other liabilities ($85.0m) ($40.0m) ($186.0m) ($97.0m) ($174.0m) ($103.0m) ($216.0m) ($239.0m) ($213.0m) ($219.0m)
Equity-based compensation expense $90.0m $101.0m $89.0m $86.0m $94.0m $108.0m $84.0m $93.0m $118.0m $169.0m
Exercise of common stock options $63.0m $95.0m $52.0m $67.0m $63.0m $66.0m $44.0m $44.0m $53.0m $61.0m
Goodwill $6.2b $6.2b $6.4b $6.5b $9.0b $9.0b $9.3b $9.3b $13.4b $13.9b
Interest accretion on landfill and environmental remediation liabilities — — — $98.0m $103.0m $111.0m $112.0m $130.0m $133.0m $142.0m
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims — — — — — — $242.0m $201.0m $243.0m $277.0m
Net gain on disposal of assets ($24.0m) ($20.0m) ($47.0m) ($27.0m) ($9.0m) ($25.0m) ($21.0m) ($42.0m) ($102.0m) ($21.0m)
New borrowings $3.1b $1.0b $359.0m $4.7b $5.8b $7.9b $8.7b $21.3b $24.6b $20.4b
Other assets $78.0m $4.0m ($14.0m) $10.0m $53.0m $34.0m $42.0m $61.0m $181.0m $225.0m
Other current assets ($12.0m) ($20.0m) ($16.0m) ($23.0m) $10.0m ($39.0m) ($35.0m) ($2.0m) $33.0m ($49.0m)
Other, net ($47.0m) $16.0m ($38.0m) ($11.0m) ($20.0m) $49.0m ($4.0m) ($11.0m) ($82.0m) ($16.0m)
Proceeds from Stock Options Exercised $63.0m $95.0m $52.0m $67.0m $63.0m $66.0m $44.0m $44.0m $53.0m $61.0m
Proceeds from divestitures of businesses and other assets, net of cash divested $43.0m $99.0m $208.0m $49.0m $885.0m $96.0m $27.0m $78.0m $158.0m $121.0m
Provision for bad debts $42.0m $43.0m $54.0m $39.0m $54.0m $37.0m $50.0m $56.0m $51.0m $93.0m
Receivables ($78.0m) ($271.0m) ($16.0m) ($53.0m) ($179.0m) $28.0m ($329.0m) ($161.0m) ($313.0m) ($511.0m)
Tax payments associated with equity-based compensation transactions ($30.0m) ($47.0m) ($29.0m) ($33.0m) ($34.0m) ($28.0m) ($39.0m) ($31.0m) ($52.0m) ($51.0m)
Net Cash Provided by (Used in) Operating Activities $3.0b $3.2b $3.6b $3.9b $3.4b $4.3b $4.5b $4.7b $5.4b $6.0b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.3b $1.6b $1.7b $1.8b $1.6b $2.0b $2.8b $2.9b $3.2b $3.2b
Acquisitions of businesses, net of cash acquired ($611.0m) ($200.0m) ($460.0m) ($521.0m) ($4.1b) ($75.0m) ($377.0m) ($170.0m) ($7.5b) ($395.0m)
Payments to Acquire Businesses, Net of Cash Acquired $611.0m $200.0m $460.0m $521.0m $4.1b $75.0m $377.0m $170.0m $7.5b $395.0m
Payments for (Proceeds from) Other Investing Activities $4.0m $12.0m $223.0m $86.0m $15.0m $11.0m $126.0m $104.0m $40.0m $65.0m
Net Cash Provided by (Used in) Investing Activities ($1.9b) ($1.4b) ($2.2b) ($2.4b) ($4.8b) ($1.9b) ($3.1b) ($3.1b) ($10.6b) ($3.6b)
Cash flows from financing activities:
Debt repayments ($2.7b) ($1.9b) ($499.0m) ($533.0m) ($7.8b) ($8.4b) ($7.3b) ($20.4b) ($17.9b) ($21.7b)
Common stock repurchase program ($725.0m) ($750.0m) ($1.0b) ($248.0m) ($402.0m) ($1.4b) ($1.5b) ($1.3b) ($262.0m) —
Payments for Repurchase of Common Stock $725.0m $750.0m $1.0b $248.0m $402.0m $1.4b $1.5b $1.3b $262.0m —
Payments of Ordinary Dividends, Common Stock $726.0m $750.0m $802.0m $876.0m $927.0m $970.0m $1.1b $1.1b $1.2b $1.3b
Proceeds from (Payments to) Noncontrolling Interests ($1.0m) — — — — — — — — —
Cash dividends ($726) ($750) ($802) ($876) ($927) ($970) ($1k) ($1k) ($1k) ($1k)
Equity in net (income) loss of unconsolidated entities, net of dividends $44 $39 $41 $55 $60 $38 $67 $60 ($4) ($10)
Proceeds from (Payments for) Other Financing Activities ($47.0m) $16.0m ($38.0m) ($11.0m) ($20.0m) $49.0m ($4.0m) ($11.0m) ($82.0m) ($16.0m)
Net Cash Provided by (Used in) Financing Activities ($1.0b) ($1.8b) ($1.5b) $2.0b ($1.6b) ($2.9b) ($1.2b) ($1.5b) $5.2b ($2.7b)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — ($3.0m) $2.0m $4.0m $2.0m ($6.0m) $3.0m ($9.0m) $6.0m
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents — — ($3.0m) $2.0m $4.0m $2.0m ($6.0m) $3.0m ($9.0m) $6.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($110.0m) $3.5b ($3.0b) ($454.0m) $251.0m $107.0m ($65.0m) ($190.0m)
Increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents ($10.0m) $199.0m ($110.0m) $3.5b ($3.0b) ($454.0m) $251.0m $107.0m ($65.0m) ($190.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $183.0m $3.6b $648.0m $194.0m $445.0m $552.0m $487.0m $297.0m
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period $94.0m $293.0m $183.0m $3.6b $648.0m $194.0m $445.0m $552.0m $487.0m $297.0m
Restricted Cash and Investments, Current — — — $70.0m $75.0m — — — — —
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $375.0m $380.0m $339.0m $397.0m $461.0m $387.0m $348.0m $447.0m $530.0m $927.0m
Income Taxes Paid, Net — $562.0m $349.0m $292.0m $422.0m $370.0m $736.0m $636.0m $656.0m $494.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.