Item 2.02 Results of Operations and Financial Condition.



On August 4, 2022, Republic Services, Inc. (the Company) issued a press release
containing information about the Company's financial results for the three and
six months ended June 30, 2022. A copy of this press release is furnished as
Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by
reference.

Item 7.01 Regulation FD Disclosure.

Full-Year 2022 Adjusted Earnings Per Share and Adjusted Free Cash Flow Guidance

Our guidance is based on current economic conditions.



The Company raised its full-year diluted earnings per share guidance and expects
to be in a range of $4.52 to $4.55 and adjusted diluted earnings per share is
expected to be in a range of $4.77 to $4.80. Adjusted diluted earnings per share
excludes the impact of restructuring charges, withdrawal costs for certain
multiemployer pension funds, and US Ecology acquisition integration and deal
costs.

We believe that the presentation of adjusted diluted earnings per share, which
excludes restructuring charges, withdrawal costs for certain multiemployer
pension funds, and US Ecology acquisition integration and deal costs, provides
an understanding of operational activities before the financial impact of
certain items. We use this measure, and believe investors will find it helpful,
in understanding the ongoing performance of our operations separate from items
that have a disproportionate impact on our results for a particular period. We
have incurred comparable charges, costs, and recoveries in prior periods, and
similar types of adjustments can reasonably be expected to be recorded in future
periods. Our definition of adjusted diluted earnings per share may not be
comparable to similarly titled measures presented by other companies.

Cash provided by operating activities is expected to be in a range of $3,025
million to $3,070 million for the full year. Adjusted free cash flow for 2022 is
expected to be in a range of $1,700 to $1,725. Adjusted free cash flow consists
of cash provided by operating activities, less property and equipment received,
which is expected to be in a range of $1,450 million to $1,470 million, plus
proceeds from the sale of property and equipment of $20 million, plus cash paid
related to withdrawal costs for certain multiemployer pension funds of $2
million, net of tax, plus restructuring payments of $18 million, net of tax, and
is exclusive of US Ecology acquisition integration and deal costs of
approximately $85 million, net of tax.

We believe that presenting adjusted free cash flow guidance provides useful
information regarding our recurring cash provided by operating activities after
certain expenditures or recoveries. It also demonstrates our ability to execute
our financial strategy and is a key metric we use to determine compensation. The
presentation of adjusted free cash flow has material limitations. Adjusted free
cash flow does not represent our cash flow available for discretionary
expenditures because it excludes certain expenditures that are required or to
which we have committed, such as debt service requirements and dividend
payments. Our definition of adjusted free cash flow may not be comparable to
similarly titled measures presented by other companies.

For a reconciliation of adjusted diluted earnings per share to diluted earnings
per share and adjusted free cash flow to cash provided by operating activities,
see page 14 of the press release included as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits



     Exhibit No.             Description
         99.1                Press release of Republic Services, Inc.

issued August 4, 2022 to announce the


                             financial results for the three and six months

ended June 30, 2022.


         104                 Cover Page Interactive Data File - the cover

page XBRL tags are embedded within


                             the Inline XBRL document.



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