Waste Management, Inc WM Cash Flow

Waste management, inc (WM)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Cash flows from operating activities:
Consolidated net income
1,685	1,671	1,755	1,758	1,875	1,923	2,295	2,185	2,047	1,949	1,380	1,296	1,221	1,180	1,119	1,152	1,139	752	1,077	1,021	970	1,338	141	157	191	130	964	890	853	860	903	965	996	1,009	1,025	998	1,006	1,002	1,039	1,073	1,082	1,060	0	0	0
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Depreciation and amortization
1,610	1,574	1,549	1,521	1,496	1,477	1,449	1,423	1,395	1,376	1,347	1,333	1,317	1,301	1,289	1,283	1,265	1,245	1,251	1,250	1,267	1,292	1,312	1,327	1,327	1,333	1,332	1,319	1,303	1,297	1,265	1,251	1,247	1,229	1,212	1,212	1,202	1,194	1,191	1,175	1,168	1,166	0	0	0
Deferred income tax expense (benefit)
95	100	86	34	41	25	-237	-269	-302	-251	7	84	77	73	4	58	24	30	13	-112	-65	-118	-267	-168	-139	-149	88	30	39	67	162	167	204	198	107	168	150	154	11	-34	-83	-94	0	0	0
Interest accretion on landfill liabilities
99	98	96	95	95	95	95	94	93	92	92	92	91	91	90	90	90	89	89	88	88	88	87	87	85	87	87	86	87	84	84	84	84	84	83	83	82	82	82	81	81	80	0	0	0
Interest accretion on and discount rate adjustments to environmental remediation liabilities and recovery assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	8	1	1	8	13	14	14	4	-1	-10	-10	-2	-2	6	6	4	21	23	23	12	-4	8	8	15	14	-20	-30	0	0	0
Provision for bad debts
43	39	46	51	52	54	47	44	44	43	46	45	42	42	36	36	35	36	38	41	41	42	43	33	33	39	45	56	62	57	54	55	50	44	41	37	38	41	40	39	40	48	0	0	0
Equity-based compensation expense
72	86	88	91	93	89	90	88	88	101	97	93	96	90	86	93	82	72	78	66	70	65	53	53	52	58	53	48	35	29	28	33	43	45	46	43	41	36	39	41	36	30	0	0	0
Excess tax benefits associated with equity-based transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	13	11	5	5	4	5	10	9	9	9	11	11	10	12	8	12	15	13	9	6	5	4	4	0	0	0
Net gain on disposal of assets
28	27	45	42	44	47	34	25	22	20	13	19	22	24	27	22	16	18	13	16	38	35	37	36	22	21	25	24	20	21	22	23	25	24	19	20	20	22	23	19	19	13	0	0	0
Loss from divestitures, asset impairments and other, net
65	113	35	62	0	-58	0	0	0	-	-	-	137	114	176	114	73	87	-131	-149	-116	-127	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	83	0	0	0
Equity in net losses of unconsolidated entities, net of dividends
-65	-55	-51	-46	-43	-41	-43	-42	-39	-39	-37	-38	-44	-44	-42	-42	-41	-42	-38	-43	-41	-42	-51	-40	-35	-34	0	0	0	-	-	-	-34	-31	-26	-28	-24	-20	0	0	0	-	-	-	-
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-555	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in operating assets and liabilities, net of effects of acquisitions and divestitures:
Receivables
138	53	61	199	-13	16	340	112	239	271	-2	101	38	78	75	94	8	178	303	278	368	268	6	-40	3	-44	5	63	99	131	76	67	98	110	146	164	127	159	113	103	-128	-29	0	0	0
Other current assets
24	23	46	12	17	16	-53	-44	-50	-50	16	7	9	12	14	3	-9	-16	15	19	13	19	-7	-1	-1	7	14	21	35	50	43	31	28	23	16	-47	-50	-47	-53	11	58	4	0	0	0
Other assets
-14	-10	4	8	16	14	67	63	61	66	3	5	6	-75	-88	-89	-87	7	11	12	-1	-22	-19	-22	-9	-4	-2	-8	-89	-105	-95	-89	-20	-28	-36	-20	-14	3	-16	-32	-22	-20	0	0	0
Accounts payable and accrued liabilities
237	243	239	299	205	203	198	125	151	126	224	180	137	192	67	0	9	-97	-82	80	-59	117	80	-11	-22	-27	-63	-94	18	-57	-24	45	-74	65	101	66	7	-57	-13	-31	67	51	0	0	0
Deferred revenues and other liabilities
-131	-97	-110	-94	-185	-186	-139	-125	-40	-37	-99	-78	-93	-85	-94	-151	-150	-97	0	0	0	-	-	-	0	-	-127	-87	-93	-85	-88	-123	-130	-132	-143	-121	-82	-58	-5	-19	-15	-62	0	0	0
Net cash provided by operating activities
3,749	3,874	3,764	3,686	3,651	3,570	3,450	3,429	3,267	3,180	3,139	3,044	2,993	3,003	2,808	2,707	2,761	2,528	2,492	2,507	2,246	2,331	2,408	2,472	2,462	2,455	2,435	2,273	2,397	2,295	2,450	2,535	2,344	2,469	2,359	2,377	2,379	2,275	2,373	2,271	2,339	2,362	0	0	0
Cash flows from investing activities:
Acquisitions of businesses, net of cash acquired
128	521	631	637	608	460	462	412	436	198	86	85	79	608	681	672	646	554	476	463	469	35	58	540	555	724	770	306	301	250	400	864	897	867	709	327	444	407	497	459	321	281	0	0	0
Capital expenditures
1,806	1,818	1,986	1,907	1,765	1,694	1,768	1,714	1,577	1,509	1,358	1,341	1,354	1,339	1,331	1,333	1,317	1,233	1,234	1,206	1,118	1,151	1,228	1,244	1,271	1,271	1,202	1,281	1,397	1,510	1,547	1,458	1,387	1,324	1,276	1,225	1,165	1,104	1,093	1,071	1,109	1,179	0	0	0
Proceeds from divestitures of businesses and other assets (net of cash divested)
49	49	131	132	206	208	186	182	106	99	30	32	37	43	63	91	139	145	2,048	2,065	2,106	2,253	344	330	267	138	129	98	75	44	42	43	37	36	30	30	37	44	44	43	35	28	0	0	0
Net receipts from restricted trust and escrow accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-51	-54	-43	-42	-19	0	0	0	-	-	-	-	-14	-48	-117	-114	-107	-86	-29	-35	-48	-134	-151	-169	-196	0	0	0
Investments in unconsolidated entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33	27	20	25	33	45	61	76	77	124	104	113	155	103	103	79	173	0	0	0	-	-	-	-
Other, net
194	86	273	312	165	223	32	13	13	12	15	22	23	25	25	17	20	17	-8	7	43	58	0	0	0	-	-	-	-	51	0	0	0	-	-	-	0	-	-	-	-	-7	0	0	0
Excess tax benefits associated with equity-based transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	13	11	5	5	4	5	10	9	9	9	11	11	10	12	8	12	15	13	9	6	5	4	4	0	0	0
Acquisitions of and distributions paid to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-125	-48	-49	-53	-59	-55	-55	-45	-46	-60	-60	-61	-59	-45	-45	-45	-45	-45	-50	-49	-50	0	0	0
Net cash used in investing activities
-2,079	-2,376	-2,759	-2,724	-2,332	-2,169	-2,076	-1,957	-1,920	-1,620	-1,429	-1,416	-1,419	-1,929	-1,977	-1,915	-1,827	-1,608	390	410	489	995	-1,044	-1,501	-1,601	-1,900	-1,901	-1,620	-1,748	-1,830	-2,011	-2,264	-2,226	-2,185	-1,966	-1,607	-1,633	-1,606	-1,595	-1,510	-1,389	-1,250	0	0	0
Cash flows from financing activities:
New borrowings
-	-	-	-	-	359	1,456	1,476	1,486	1,479	718	1,049	1,810	3,057	2,813	2,565	1,821	2,337	2,513	3,183	3,721	2,817	2,939	3,271	2,901	2,232	2,592	1,769	1,577	1,620	885	1,109	1,092	1,201	1,134	606	1,190	908	1,498	1,547	968	1,749	0	0	0
Debt repayments
502	533	663	688	475	499	1,496	1,476	1,446	1,907	1,221	1,792	2,576	2,682	2,553	2,100	1,382	2,764	3,597	3,824	4,669	3,568	2,786	3,344	2,854	2,077	2,708	1,885	1,444	1,498	551	460	550	503	605	1,213	1,101	1,112	1,125	534	1,052	1,335	0	0	0
Premiums paid on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	555	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net commercial paper borrowings
-	-1,001	-1,071	-991	339	453	535	703	774	513	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock repurchase program
582	248	502	702	822	1,004	0	0	0	-	-	-	-	725	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	575	586	383	444	501	0	0	0	-	-	-	-
Cash dividends
889	876	855	836	819	802	789	775	762	750	746	743	737	726	718	708	702	695	695	695	695	693	692	691	687	683	677	670	664	658	649	643	639	637	631	622	613	604	595	589	579	569	0	0	0
Exercise of common stock options
73	67	67	64	54	52	48	42	41	95	98	105	122	63	81	74	56	77	76	109	118	93	86	65	108	132	120	110	57	43	44	41	46	45	66	76	70	54	38	25	23	20	0	0	0
Tax payments associated with equity-based compensation transactions
36	33	33	31	31	29	28	28	43	47	47	54	43	30	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-51	-11	-15	-18	28	-38	-13	-33	-56	14	-32	23	40	-41	20	-9	-8	30	-7	-3	0	-1	0	0	0	-	-	-	-	-2	41	7	7	-46	-8	-9	-15	18	-16	-16	-2	-50	0	0	0
Net cash provided by (used in) financing activities
1,254	1,964	1,587	961	-1,428	-1,508	-1,045	-1,149	-1,014	-1,361	-1,704	-1,634	-1,649	-1,084	-913	-1,025	-1,107	-2,185	-2,948	-2,775	-2,791	-2,072	-1,335	-988	-825	-687	-770	-733	-529	-530	-326	-403	-605	-566	-663	-1,575	-945	-1,273	-843	-124	-1,033	-457	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents
0	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-1	0	-3	0	0	0	-	-	-	-4	-4	-5	-3	-2	1	0	0	0	-	-	7	4	3	3	4	7	5	0	0	0
Increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents
2,922	3,464	2,590	1,923	-111	-110	0	0	0	-	-	-	-	-10	-83	-234	-173	-1,268	-70	136	-62	1,249	26	-17	32	-136	-241	-83	118	-64	116	-134	-487	-281	-268	-798	-195	-601	-62	641	-76	660	0	0	0