Waste Management, Inc (WM) FY2024 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-12-31

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Waste Management, Inc cash flow reconciliation, Jan 1, 2024 through Dec 31, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Consolidated net income → Net cash from operating activities: $2,745,000,000.00Depreciation, depletion and amortization → Operating adjustments reconciliation: $2,267,000,000.00Accounts payable and accrued liabilities → Operating adjustments reconciliation: $281,000,000.00Other assets → Operating adjustments reconciliation: $181,000,000.00Interest accretion on landfill and environmental remediation liabilities → Operating adjustments reconciliation: $133,000,000.00Deferred income tax expense (benefit) → Operating adjustments reconciliation: $124,000,000.00Equity-based compensation expense → Operating adjustments reconciliation: $118,000,000.00(Gain) loss from divestitures, asset impairments and other, net → Operating adjustments reconciliation: $82,000,000.00Provision for bad debts → Operating adjustments reconciliation: $51,000,000.00Other current assets → Operating adjustments reconciliation: $33,000,000.00Loss on early extinguishment of debt, net → Operating adjustments reconciliation: $7,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $2,645,000,000.00Operating adjustments reconciliation → Receivables: $313,000,000.00Operating adjustments reconciliation → Deferred revenues and other liabilities: $213,000,000.00Operating adjustments reconciliation → Net gain on disposal of assets: $102,000,000.00Operating adjustments reconciliation → Equity in net (income) losses of unconsolidated entities, net of dividends: $4,000,000.00New borrowings → financing reconciliation: $24,578,000,000.00Exercise of common stock options → financing reconciliation: $53,000,000.00financing reconciliation → Net cash from financing activities: $5,155,000,000.00financing reconciliation → Debt repayments: $17,870,000,000.00financing reconciliation → Cash dividends: $1,210,000,000.00financing reconciliation → Common stock repurchase program: $262,000,000.00financing reconciliation → Other, net: $82,000,000.00financing reconciliation → Tax payments associated with equity-based compensation transactions: $52,000,000.00Net cash used in investing activities → investing reconciliation: $10,601,000,000.00Proceeds from divestitures of businesses and other assets, net of cash divested → investing reconciliation: $158,000,000.00investing reconciliation → Acquisitions of businesses, net of cash acquired: $7,488,000,000.00investing reconciliation → Capital expenditures: $3,231,000,000.00investing reconciliation → Other, net: $40,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $552,000,000.00Net cash from operating activities → Cash sources and uses: $5,390,000,000.00Net cash from financing activities → Cash sources and uses: $5,155,000,000.00Cash sources and uses → Exchange-rate effect: $9,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $487,000,000.00Cash sources and uses → Net cash used in investing activities: $10,601,000,000.00Consolidated net income: $2,745,000,000.00Consolidated net income+$2.75 BDepreciation, depletion and amortization: $2,267,000,000.00Depreciation & amortization+$2.27 BDeferred income tax expense (benefit): $124,000,000.00Deferred income taxes+$124.00 MInterest accretion on landfill and environmental remediation liabilities: $133,000,000.00Interest accretion on landfill and environmentalremediation liabilities+$133.00 MProvision for bad debts: $51,000,000.00Provision for bad debts+$51.00 MEquity-based compensation expense: $118,000,000.00Stock-based compensation+$118.00 MNet gain on disposal of assets: -$102,000,000.00PP&E disposal gain & loss−$102.00 M(Gain) loss from divestitures, asset impairments and other, net: $82,000,000.00Divestiture & impairment, net+$82.00 MGoodwill impairment: $0.00Loss on early extinguishment of debt, net: $7,000,000.00Debt extinguishment gain & loss+$7.00 MEquity in net (income) losses of unconsolidated entities, net of dividends: -$4,000,000.00Equity-method income, net−$4.00 MReceivables: -$313,000,000.00Accounts & other receivables−$313.00 MOther current assets: $33,000,000.00Other current assets+$33.00 MOther assets: $181,000,000.00Other noncurrent assets+$181.00 MAccounts payable and accrued liabilities: $281,000,000.00Payables & accrued liabilities+$281.00 MDeferred revenues and other liabilities: -$213,000,000.00Deferred revenue & other items−$213.00 MNet cash from operating activities: $5,390,000,000.00Operating cash+$5.39 BOperating adjustments reconciliation: $3,277,000,000.00New borrowings: $24,578,000,000.00Long-term debt issued, net+$24.58 BDebt repayments: -$17,870,000,000.00Debt & capital securities repaid−$17.87 BCommon stock repurchase program: -$262,000,000.00Common stock repurchases−$262.00 MCash dividends: -$1,210,000,000.00Common dividends paid−$1.21 BExercise of common stock options: $53,000,000.00Stock option exercises+$53.00 MTax payments associated with equity-based compensation transactions: -$52,000,000.00Stock-award tax withholding−$52.00 MOther, net: -$82,000,000.00Other financing, net−$82.00 MNet cash from financing activities: $5,155,000,000.00Financing cash+$5.16 Bfinancing reconciliation: $24,631,000,000.00Acquisitions of businesses, net of cash acquired: -$7,488,000,000.00Acquisitions, net of cash−$7.49 BCapital expenditures: -$3,231,000,000.00Capital expenditures−$3.23 BProceeds from divestitures of businesses and other assets, net of cash divested: $158,000,000.00Business & asset sales, net+$158.00 MOther, net: -$40,000,000.00Other investing, net−$40.00 MNet cash used in investing activities: -$10,601,000,000.00. Cash required to fund net payments.Investing cash−$10.60 Binvesting reconciliation: $10,759,000,000.00Cash sources and uses: $11,097,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $552,000,000.00Beginning cash$552.00 MEnding cash: Cash, cash equivalents, and restricted cash: $487,000,000.00Ending cash$487.00 MExchange-rate effect: -$9,000,000.00FX effect−$9.00 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$2.16 BOperating cash − cash spent on productive assetsCash flow / Net income1.96×Operating cash flow ÷ net incomeNet cash change−$65.00 MEnding cash − beginning cash
Chart details

Waste Management, Inc cash flow reconciliation, Jan 1, 2024 through Dec 31, 2024

Cash flows for Jan 1, 2024 through Dec 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Dec 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
552,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
5,390,000,000 US dollars. Net cash provided.
Consolidated net income
2,745,000,000 US dollars
Depreciation, depletion and amortization
2,267,000,000 US dollars
Deferred income tax expense (benefit)
124,000,000 US dollars
Interest accretion on landfill and environmental remediation liabilities
133,000,000 US dollars
Provision for bad debts
51,000,000 US dollars
Equity-based compensation expense
118,000,000 US dollars
Net gain on disposal of assets
negative 102,000,000 US dollars
(Gain) loss from divestitures, asset impairments and other, net
82,000,000 US dollars
Goodwill impairment
0 US dollars
Loss on early extinguishment of debt, net
7,000,000 US dollars
Equity in net (income) losses of unconsolidated entities, net of dividends
negative 4,000,000 US dollars
Receivables
negative 313,000,000 US dollars
Other current assets
33,000,000 US dollars
Other assets
181,000,000 US dollars
Accounts payable and accrued liabilities
281,000,000 US dollars
Deferred revenues and other liabilities
negative 213,000,000 US dollars
Investing activities
negative 10,601,000,000 US dollars. Net cash used.
Acquisitions of businesses, net of cash acquired
negative 7,488,000,000 US dollars
Capital expenditures
negative 3,231,000,000 US dollars
Proceeds from divestitures of businesses and other assets, net of cash divested
158,000,000 US dollars
Other, net
negative 40,000,000 US dollars
Financing activities
5,155,000,000 US dollars. Net cash provided.
New borrowings
24,578,000,000 US dollars
Debt repayments
negative 17,870,000,000 US dollars
Common stock repurchase program
negative 262,000,000 US dollars
Cash dividends
negative 1,210,000,000 US dollars
Exercise of common stock options
53,000,000 US dollars
Tax payments associated with equity-based compensation transactions
negative 52,000,000 US dollars
Other, net
negative 82,000,000 US dollars
Operating adjustment reconciliation
3,277,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
24,631,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
10,759,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 9,000,000 US dollars
Ending cash on Dec 31, 2024
487,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
11,097,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 65,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.96×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
5,390,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
3,231,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
2,159,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $2.65B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 5,390,000,000 US dollars minus 3,231,000,000 US dollars equals 2,159,000,000 US dollars.
Waste Management, Inc (WM) FY2024 Annual Statement of Cash Flows Sankey chart
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