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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Operating revenues $ 3,739 $ 3,677 $ 7,250 $ 7,117
Costs and expenses:        
Operating 2,313 2,290 4,497 4,456
Selling, general and administrative 365 353 738 743
Depreciation and amortization 384 356 731 684
Restructuring 1 1 3 2
(Gain) loss from divestitures, asset impairments and unusual items, net (39) 4 (42) 1
Total costs and expenses 3,024 3,004 5,927 5,886
Income from operations 715 673 1,323 1,231
Other income (expense):        
Interest expense, net (93) (90) (184) (182)
Equity in net losses of unconsolidated entities (13) (13) (20) (45)
Other, net     1  
Total other income (expense) (106) (103) (203) (227)
Income before income taxes 609 570 1,120 1,004
Income tax expense 110 209 226 346
Consolidated net income 499 361 894 658
Less: Net loss attributable to noncontrolling interests   (1) (1) (2)
Net income attributable to Waste Management, Inc. $ 499 $ 362 $ 895 $ 660
Basic earnings per common share $ 1.16 $ 0.82 $ 2.07 $ 1.49
Diluted earnings per common share 1.15 0.81 2.06 1.49
Cash dividends declared per common share $ 0.465 $ 0.425 $ 0.93 $ 0.85