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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
OPERATING REVENUES:      
Waste and service revenue $ 1,231 $ 1,187 $ 1,104
Electricity and steam sales 334 370 421
Recycled metals revenues 82 61 61
Other operating revenues 105 81 59
Total operating revenues 1,752 1,699 1,645
OPERATING EXPENSES:      
Plant operating expenses 1,271 1,177 1,129
Other operating expenses 51 86 73
General and administrative expenses 112 100 93
Depreciation and amortization expense 215 207 198
Impairment charges 2 20 43
Total operating expense 1,651 1,590 1,536
Operating income 101 109 109
Other income (expense):      
Interest expense, net (147) (138) (134)
(Loss) gain on asset sales (6) 44 0
Loss on extinguishment of debt (84) 0 (2)
Other expense, net 1 (1) (1)
Total other expense (236) (95) (137)
(Loss) income before income tax benefit (expense) and equity in net income from unconsolidated investments (135) 14 (28)
Income Tax Expense (Benefit) (191) 22 (84)
Equity in net income from unconsolidated investments 1 4 13
Net income (loss) 57 (4) 69
Less: Net income attributable to noncontrolling interests in subsidiaries 0 0 1
NET INCOME (LOSS) ATTRIBUTABLE TO COVANTA HOLDING CORPORATION $ 57 $ (4) $ 68
Weighted Average Common Shares Outstanding [Abstract]      
Basic 130 129 132
Diluted 131 129 133
Earnings (Loss) Per Share Attributable to Covanta Holding Corporation Stockholders:      
Basic $ 0.44 $ (0.03) $ 0.52
Diluted 0.44 (0.03) 0.51
Cash Dividend Declared Per Share: $ 1.00 $ 1.00 $ 1.00