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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
OPERATING REVENUES:    
Waste and service revenues $ 279 $ 246
Energy revenues 101 112
Recycled metals revenues 13 16
Other operating revenues 10 9
Total operating revenues 403 383
OPERATING EXPENSES:    
Plant operating expenses 315 289
Other operating expenses 12 11
General and administrative expenses 23 28
Depreciation and amortization expense 52 48
Impairment charges 15 0
Total operating expenses 417 376
Operating income (loss) (14) 7
Other income (expense):    
Interest expense (34) (35)
Other expense, net (2) (2)
Total other expenses (36) (37)
Income (loss) from continuing operations before income tax expense (benefit) and equity in net income from unconsolidated investments (50) (30)
Income Tax Expense (Benefit) 10 (10)
Equity in net income (loss) from unconsolidated investments 3 3
NET INCOME (LOSS) ATTRIBUTABLE TO COVANTA HOLDING CORPORATION $ (37) $ (37)
Weighted Average Common Shares Outstanding:    
Weighted average basic common shares outstanding 129 132
Weighted average diluted common shares outstanding 129 132
Earnings Per Share Attributable to Covanta Holding Corporation stockholders':    
Basic $ (0.29) $ (0.28)
Diluted (0.29) (0.28)
Cash Dividend Declared Per Share: $ 0.25 $ 0.25