# Waste Management, Inc (WM) FY2025 Q1 Statement of Cash Flows

- Company: Waste Management, Inc (WM)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-04-29, accession number 0001558370-25-005805
- Page: https://plicit.ai/financials/wm/fy2025-q1-cash-flow
- Chart image: https://plicit.ai/charts/wm-fy2025-q1-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2025 through Mar 31, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2024. Ending cash: Mar 31, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 31, 2024**: 487,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 1,208,000,000 US dollars. Net cash provided.
- **Consolidated net income**: 637,000,000 US dollars
- **Depreciation, depletion and amortization**: 656,000,000 US dollars
- **Deferred income tax expense (benefit)**: 59,000,000 US dollars
- **Interest accretion on landfill and environmental remediation liabilities**: 35,000,000 US dollars
- **Provision for bad debts**: 19,000,000 US dollars
- **Equity-based compensation expense**: 51,000,000 US dollars
- **Net gain on disposal of assets**: negative 9,000,000 US dollars
- **(Gain) loss from divestitures, asset impairments and other, net**: 2,000,000 US dollars
- **Equity in net (income) loss of unconsolidated entities, net of dividends**: negative 5,000,000 US dollars
- **Receivables**: 51,000,000 US dollars
- **Other current assets**: negative 91,000,000 US dollars
- **Other assets**: 61,000,000 US dollars
- **Accounts payable and accrued liabilities**: negative 287,000,000 US dollars
- **Deferred revenues and other liabilities**: 29,000,000 US dollars
- **Investing activities**: negative 829,000,000 US dollars. Net cash used.
- **Acquisitions of businesses, net of cash acquired**: negative 3,000,000 US dollars
- **Capital expenditures**: negative 831,000,000 US dollars
- **Proceeds from divestitures of businesses and other assets, net of cash divested**: 98,000,000 US dollars
- **Other, net**: negative 93,000,000 US dollars
- **Financing activities**: negative 536,000,000 US dollars. Net cash used.
- **New borrowings**: 4,993,000,000 US dollars
- **Debt repayments**: negative 5,163,000,000 US dollars
- **Cash dividends**: negative 336,000,000 US dollars
- **Exercise of common stock options**: 25,000,000 US dollars
- **Tax payments associated with equity-based compensation transactions**: negative 45,000,000 US dollars
- **Other, net**: negative 10,000,000 US dollars
- **Operating adjustment reconciliation**: 963,000,000 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**: 5,554,000,000 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**: 927,000,000 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**: 1,000,000 US dollars
- **Ending cash on Mar 31, 2025**: 331,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 1,696,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 156,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 1.90×. 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**: 1,208,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **cash spent on productive assets**: 831,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 377,000,000 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 $571.00M 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: 1,208,000,000 US dollars minus 831,000,000 US dollars equals 377,000,000 US dollars.