XML 18 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]        
Operating revenues $ 3,621 $ 3,461 $ 10,483 $ 10,215
Costs and expenses:        
Operating 2,325 2,229 6,845 6,655
Selling, general and administrative 349 335 1,092 1,116
Depreciation and amortization 344 331 1,006 971
Restructuring 3 44 13 51
(Income) expense from divestitures, asset impairments and unusual items 23 22 38 55
Total costs and expenses 3,044 2,961 8,994 8,848
Income from operations 577 500 1,489 1,367
Other income (expense):        
Interest expense (119) (123) (363) (366)
Interest income    2 2 4
Equity in net losses of unconsolidated entities (3) (17) (19) (35)
Other, net (3) (14) (12) (16)
Total other income (expense) (125) (152) (392) (413)
Income before income taxes 452 348 1,097 954
Provision for income taxes 155 125 368 329
Consolidated net income 297 223 729 625
Less: Net income attributable to noncontrolling interests 6 9 26 32
Net income attributable to Waste Management, Inc. $ 291 $ 214 $ 703 $ 593
Basic earnings per common share $ 0.62 $ 0.46 $ 1.50 $ 1.28
Diluted earnings per common share $ 0.62 $ 0.46 $ 1.50 $ 1.28
Cash dividends declared per common share $ 0.365 $ 0.355 $ 1.095 $ 1.065