XML 27 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Operating revenues $ 13,609 $ 12,961 $ 13,996
Costs and expenses:      
Operating 8,486 8,231 9,002
Selling, general and administrative 1,410 1,343 1,481
Depreciation and amortization 1,301 1,245 1,292
Restructuring 4 15 82
(Income) expense from divestitures, asset impairments and unusual items 112 82 (160)
Total costs and expenses 11,313 10,916 11,697
Income from operations 2,296 2,045 2,299
Other income (expense):      
Interest expense, net (376) (385) (466)
Loss on early extinguishment of debt (4) (555)  
Equity in net losses of unconsolidated entities (44) (38) (53)
Other, net (50) (7) (29)
Total other income (expense) (474) (985) (548)
Income (loss) before income taxes 1,822 1,060 1,751
Provision for income taxes 642 308 413
Consolidated net income 1,180 752 1,338
Less: Net income (loss) attributable to noncontrolling interests (2) (1) 40
Net income attributable to Waste Management, Inc. $ 1,182 $ 753 $ 1,298
Basic earnings per common share $ 2.66 $ 1.66 $ 2.80
Diluted earnings per common share 2.65 1.65 2.79
Cash dividends declared per common share $ 1.64 $ 1.54 $ 1.50