Summary
This 10-K filing for Waste Management Inc. (WM) for the fiscal year ended December 30, 2010, primarily serves as an index of exhibits and financial statements. While the detailed financial performance figures are not presented within this specific excerpt, it confirms the filing of audited Consolidated Financial Statements, including Balance Sheets, Statements of Operations, Cash Flows, and Changes in Equity, along with accompanying Notes and Schedule II for Valuation and Qualifying Accounts. This indicates that the company's comprehensive financial health and operational results for 2010 have been reviewed and are available through the referenced statements. The filing also lists numerous exhibits pertaining to corporate governance, debt instruments, and executive compensation, underscoring the structured nature of public company reporting and its material agreements. Investors should note that this document is a procedural filing and does not contain the narrative analysis or quantitative results typically found in the Management's Discussion and Analysis (MD&A) section. For a full understanding of WM's financial performance, profitability, and outlook, reference should be made to the full 10-K report which contains the complete financial statements and related disclosures.
Financial Highlights
51 data points| Revenue | $12.52B |
| SG&A Expenses | $1.46B |
| Operating Expenses | $10.40B |
| Operating Income | $2.12B |
| Interest Expense | $490.00M |
| Net Income | $953.00M |
| EPS (Basic) | $1.98 |
| EPS (Diluted) | $1.98 |
| Shares Outstanding (Basic) | 480.20M |
| Shares Outstanding (Diluted) | 482.20M |
Key Highlights
- 1The filing confirms the availability of audited Consolidated Financial Statements for the fiscal year ended December 30, 2010, providing a basis for assessing the company's financial performance.
- 2Key financial statements referenced include the Balance Sheet, Statements of Operations, Cash Flows, and Changes in Equity, offering a comprehensive view of WM's financial position and performance.
- 3Schedule II, relating to Valuation and Qualifying Accounts, is included, offering insight into potential asset impairments or adjustments.
- 4A wide array of exhibits are listed, covering corporate governance documents (Certificate of Incorporation, Bylaws), significant debt agreements (Indentures for Senior and Subordinated Debt, Credit Agreements), and various executive compensation plans and agreements.
- 5The filing includes the Computation of Ratio of Earnings to Fixed Charges, which is a key metric for assessing debt servicing capabilities.
- 6Incorporation by reference is extensively used for exhibits, indicating that many foundational corporate documents and agreements have been previously filed with the SEC.
- 7The report lists subsidiaries of the registrant, providing transparency into the corporate structure.