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Stock Repurchases, Dividends and Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Stock repurchase activity
Stock repurchase activity during the three months ended March 31, 2019 and March 31, 2018 follows (in millions, except per share amounts):
Three Months Ended March 31, 
20192018
Number of shares repurchased1.5 3.8 
Amount paid $111.5 $254.5 
Weighted average cost per share$74.76 $66.69 
Earnings per share
Earnings per share for the three months ended March 31, 2019 and 2018 are calculated as follows (in thousands, except per share amounts):
Three Months Ended March 31,
 20192018
Basic earnings per share:
Net income attributable to Republic Services, Inc.$234,200 $237,700 
Weighted average common shares outstanding322,282 330,655 
Basic earnings per share$0.73 $0.72 
Diluted earnings per share:
Net income attributable to Republic Services, Inc.$234,200 $237,700 
Weighted average common shares outstanding322,282 330,655 
Effect of dilutive securities:
Options to purchase common stock504 904 
Unvested RSU awards227 260 
Unvested PSU awards
437 389 
Weighted average common and common equivalent shares outstanding
323,450 332,208 
Diluted earnings per share$0.72 $0.72