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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
OPERATING REVENUES:    
Waste and service revenues $ 258 $ 251
Electricity and steam sales 91 94
Other operating revenues 43 32
Total operating revenues 392 377
OPERATING EXPENSES:    
Plant operating expenses 267 271
Other operating expenses 39 28
General and administrative expenses 25 25
Depreciation and amortization expense 50 47
Net interest expense on project debt 8 8
Total operating expenses 389 379
Operating income (loss) 3 (2)
Other income (expense):    
Interest expense (18) (17)
Non-cash convertible debt related expense (6) (5)
Loss on extinguishment of debt (2)  
Other income, net 3  
Total other expenses (23) (22)
Loss from continuing operations before income tax benefit and equity in net income from unconsolidated investments (20) (24)
Income tax benefit 8 10
Equity in net income from unconsolidated investments 1  
Loss from continuing operations (11) (14)
Income from discontinued operations, net of income tax expense of $0 and $2, respectively   149
NET (LOSS) INCOME (11) 135
Less: Net income from continuing operations attributable to noncontrolling interests in subsidiaries (1)  
Less: Net income from discontinued operations attributable to noncontrolling interests in subsidiaries   (2)
Total net income attributable to noncontrolling interests in subsidiaries (1) (2)
NET (LOSS) INCOME ATTRIBUTABLE TO COVANTA HOLDING CORPORATION (12) 133
Amounts Attributable to Covanta Holding Corporation stockholders':    
Continuing operations (12) (14)
Discontinued operations   147
NET (LOSS) INCOME ATTRIBUTABLE TO COVANTA HOLDING CORPORATION $ (12) $ 133
Basic    
Continuing operations $ (0.09) $ (0.09)
Discontinued operations   $ 1.00
Covanta Holding Corporation $ (0.09) $ 0.91
Weighted Average Shares 134 147
Diluted    
Continuing operations $ (0.09) $ (0.09)
Discontinued operations   $ 1.00
Covanta Holding Corporation $ (0.09) $ 0.91
Weighted Average Shares 134 147
Cash Dividend Declared Per Share: $ 0.150 $ 0.075