v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Financial Information Concerning Reportable Segments
Summarized financial information concerning our reportable segments for the three months ended June 30, 2026 and 2025 follows:
Group 1Group 2
Recycling & Waste Subtotal (1)
Group 3
(Environmental Solutions)		Corporate entities and otherTotal
Three Months Ended June 30, 2026
Gross revenue$2,325 $2,180 $4,505 $463 $108 $5,076 
Intercompany revenue(337)(290)(627)(13)(6)(646)
Revenue allocations49 45 94 8 (102)— 
Net revenue2,037 1,935 3,972 458 — 4,430 
Cost of operations1,131 1,132 2,263 300 — 2,563 
Selling, general and administrative199 180 379 65 — 444 
Adjusted EBITDA$707 $623 $1,330 $93 $— $1,423 
Capital expenditures$189 $137 $326 $25 $38 $389 
Total assets$15,154 $11,764 $26,918 $5,320 $2,921 $35,159 
Three Months Ended June 30, 2025
Gross revenue$2,180 $2,138 $4,318 $466 $98 $4,882 
Intercompany revenue(329)(284)(613)(12)(22)(647)
Revenue allocations35 33 68 8 (76)— 
Net revenue1,886 1,887 3,773 462 — 4,235 
Cost of operations1,081 1,083 2,164 285 — 2,449 
Selling, general and administrative185 176 361 64 — 425 
Adjusted EBITDA$620 $628 $1,248 $113 $— $1,361 
Capital expenditures$231 $169 $400 $40 $(33)$407 
Total assets$14,108 $11,429 $25,537 $5,130 $2,730 $33,397 
(1) The Recycling & Waste Subtotal represents the combined results of our Group 1 and Group 2 reportable segments.
Summarized financial information concerning our reportable segments for the six months ended June 30, 2026 and 2025 follows:
Group 1Group 2
Recycling & Waste Subtotal (1)
Group 3
(Environmental Solutions)		Corporate entities and otherTotal
Six Months Ended June 30, 2026
Gross revenue$4,527 $4,175 $8,702 $871 $203 $9,776 
Intercompany revenue(656)(543)(1,199)(22)(11)(1,232)
Revenue allocations94 84 178 14 (192)— 
Net revenue3,965 3,716 7,681 863 — 8,544 
Cost of operations2,199 2,165 4,364 565 — 4,929 
Selling, general and administrative391 352 743 127 — 870 
Adjusted EBITDA$1,375 $1,199 $2,574 $171 $— $2,745 
Capital expenditures$450 $298 $748 $56 $64 $868 
Total assets$15,154 $11,764 $26,918 $5,320 $2,921 $35,159 
Six Months Ended June 30, 2025
Gross revenue$4,243 $4,114 $8,357 $920 $196 $9,473 
Intercompany revenue(632)(533)(1,165)(25)(39)(1,229)
Revenue allocations72 69 141 16 (157)— 
Net revenue3,683 3,650 7,333 911 — 8,244 
Cost of operations2,093 2,099 4,192 571 — 4,763 
Selling, general and administrative372 346 718 134 — 852 
Adjusted EBITDA$1,218 $1,205 $2,423 $206 $— $2,629 
Capital expenditures$409 $284 $693 $77 $96 $866 
Total assets$14,108 $11,429 $25,537 $5,130 $2,730 $33,397 
(1) The Recycling & Waste Subtotal represents the combined results of our Group 1 and Group 2 reportable segments.
Schedule of Adjusted EBITDA and EBITDA Margin
A reconciliation of the Company's single measure of segment profitability (segment Adjusted EBITDA) to income before income taxes in the Consolidated Statements of Income is as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Group 1 Adjusted EBITDA$707 $620 $1,375 $1,218 
Group 2 Adjusted EBITDA623 628 1,199 1,205 
Group 3 Adjusted EBITDA93 113 171 206 
 Total Adjusted EBITDA1,423 1,361 2,745 2,629 
Other income, net(5)(4)(31)(15)
Interest income(2)(2)(5)(4)
Interest expense151 145 302 285 
Depreciation, depletion and amortization488 463 949 897 
Accretion30 28 60 57 
Loss from unconsolidated equity method investment58 2 110 14 
Restructuring charges4 6 6 9 
(Gain) loss on business divestitures and impairments, net— 3 (1)1 
 Income before income taxes$699 $720 $1,355 $1,385