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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Operating revenues $ 4,476 $ 3,561 $ 8,588 $ 7,290
Costs and expenses:        
Operating 2,736 2,180 5,250 4,509
Selling, general and administrative 445 377 903 802
Depreciation and amortization 500 414 972 816
Restructuring 4 2 5 2
(Gain) loss from divestitures, asset impairments and unusual items, net   61 17 61
Total costs and expenses 3,685 3,034 7,147 6,190
Income from operations 791 527 1,441 1,100
Other income (expense):        
Interest expense, net (98) (119) (195) (231)
Loss on early extinguishment of debt, net (220)   (220)  
Equity in net losses of unconsolidated entities (11) (14) (20) (40)
Other, net (6) 1 (5) 1
Total other income (expense) (335) (132) (440) (270)
Income before income taxes 456 395 1,001 830
Income tax expense 105 88 229 162
Consolidated net income 351 307 772 668
Net income attributable to Waste Management, Inc. $ 351 $ 307 $ 772 $ 668
Basic earnings per common share $ 0.83 $ 0.73 $ 1.83 $ 1.58
Diluted earnings per common share $ 0.83 $ 0.72 $ 1.82 $ 1.57