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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
OPERATING REVENUES:    
Total operating revenue $ 453 $ 458
OPERATING EXPENSES:    
Cost of Goods and Services Sold 359 345
Other operating expense, net 17 8
General and administrative expense 30 31
Depreciation, Amortization and Accretion, Net 55 54
Total operating expense 461 438
Operating (loss) income (8) 20
Other income (expense):    
Interest expense (36) (38)
Net gain on sale of business and investments 50 210
Other Nonoperating Income (Expense) 1 0
Total other income 15 172
Income before income tax (expense) benefit and equity in net income from unconsolidated investments 7 192
Income tax (expense) benefit (2) 9
Equity in net income from unconsolidated investments 0 0
Net income $ 5 $ 201
Weighted Average Common Shares Outstanding:    
Basic 131 130
Diluted 133 132
Earnings Per Share Attributable to Covanta Holding Corporation stockholders':    
Basic $ 0.04 $ 1.55
Diluted 0.03 1.53
Cash Dividend Declared Per Share $ 0.25 $ 0.25
Waste And Service [Member]    
OPERATING REVENUES:    
Total operating revenue $ 327 $ 312
Electricity [Member]    
OPERATING REVENUES:    
Total operating revenue 94 100
Recycled Metals [Member]    
OPERATING REVENUES:    
Total operating revenue 21 24
Revenue Type [Domain]    
OPERATING REVENUES:    
Total operating revenue $ 11 $ 22