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Income Statement
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Cash Flow Statement
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WASTE MANAGEMENT INC (WM)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Cash flows from operating activities:          
    Consolidated net income  2,2401,8171,4961,6711,9231,9491,180752
    Adjustments to reconcile consolidated net income to net cash from operating activities:          
        Depreciation, depletion and amortization  2,0381,9991,6711,5741,4771,3761,3011,245
        Deferred income tax expense (benefit)  49-7716510025-2517330
        Interest accretion on landfill and environmental remediation liabilities  1121111039895929189
        Provision for bad debts  5037543954434236
        Equity-based compensation expense  841089486891019072
        Net gain on disposal of assets  -21-25-9-27-47-20-24-18
        (Gain) loss from divestitures, asset impairments and other, net  62-1643     
        Equity in net losses of unconsolidated entities, net of dividends  6738605541394442
        Loss on early extinguishment of debt, net   2205385 6 555
        Change in operating assets and liabilities, net of effects of acquisitions and divestitures:          
            Receivables  -32928-179-53-16-271-78-178
            Other current assets  -35-3910-23-1650-1216
            Other assets  42345310-14-6675-7
            Accounts payable and accrued liabilities  393206-37243203126192-97
            Deferred revenues and other liabilities  -216-103-174     
                Net cash provided by operating activities  4,5364,3383,4033,8743,5703,1803,0032,528
   
Cash flows from investing activities:          
    Acquisitions of businesses, net of cash acquired  -377-75-4,085-521-460-198-608-554
    Capital expenditures  -2,587-1,904-1,632-1,818-1,694-1,509-1,339-1,233
    Proceeds from divestitures of businesses and other assets, net of cash divested  2796885     
    Other, net  -126-11-15-86-223-12-25-17
        Net cash used in investing activities  -3,063-1,894-4,847-2,376-2,169-1,620-1,929-1,608
   
Cash flows from financing activities:          
    New borrowings  8,6887,9489,42013,2373591,4793,0572,337
    Debt repayments  -7,328-8,404-9,629-10,088-499-1,907-2,682-2,764
    Premiums and other paid on early extinguishment of debt          
    Common stock repurchase program  -1,500-1,350-402-248-1,004-750-725-600
    Cash dividends  -1,077-970-927-876-802-750-726 
    Exercise of common stock options  4466636752956377
    Tax payments associated with equity-based compensation transactions  -39-28-34-33-29-47-30-15
    Other, net  -449-20-11-3814-4130
        Net cash used in financing activities  -1,216-2,900-1,5591,964-1,508-1,361-1,084-2,185
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents  -624     
    Increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents  251-454-2,999     

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