The changes in the balances of each component of accumulated other comprehensive income (loss), net of tax, which is included as a component of Waste Management, Inc. stockholders’ equity, are as follows (in millions, with amounts in parentheses representing decreases to accumulated other comprehensive income):


	Derivative Instruments		Available- for-Sale Securities		Foreign Currency Translation Adjustments		Post Retirement Benefit Obligations		Total
Balance, December 31, 2025	$	35	$	29	$	(81)	$	7	$	(10)
Other comprehensive income (loss) before reclassifications, net of tax expense (benefit) of $(1), $(4), $0 and $0, respectively	(6)		(12)		(63)		—		(81)
Amounts reclassified from accumulated other comprehensive (income) loss, net of tax (expense) benefit of $0, $0, $0 and $0, respectively	1		—		—		—		1
Net current period other comprehensive income (loss)	(5)		(12)		(63)		—		(80)
Balance, September 30, 2026	$	30	$	17	$	(144)	$	7	$	(90)