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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
OPERATING REVENUES:    
Waste and service revenue $ 312 $ 286
Energy revenue 100 86
Recycled metals revenue 24 16
Other operating revenue 22 16
Total operating revenue 458 404
OPERATING EXPENSES:    
Plant operating expense 345 332
Other operating expense, net 8 15
General and administrative expense 31 28
Depreciation and amortization expense 54 52
Total operating expense 438 427
Operating income (loss) 20 (23)
Other income (expense):    
Interest expense (38) (36)
Gain (loss) on sale of assets 210 (4)
Total other income (expense) 172 (40)
Income (loss) before income tax benefit 192 (63)
Income tax benefit 9 11
Net income (loss) $ 201 $ (52)
Weighted Average Common Shares Outstanding:    
Basic 130 129
Diluted 132 129
Earnings Per Share Attributable to Covanta Holding Corporation stockholders':    
Basic $ 1.55 $ (0.41)
Diluted 1.53 (0.41)
Cash Dividend Declared Per Share $ 0.25 $ 0.25