XML 74 R60.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidating Financial Statements - Condensed Consolidating Statements of Operations (Detail) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Condensed Income Statements, Captions [Line Items]        
Operating revenues $ 3,425 $ 3,315 $ 6,601 $ 6,355
Costs and expenses 2,814 2,813 5,482 5,413
Income from operations 611 502 1,119 942
Other income (expense):        
Interest expense, net (93) (95) (188) (199)
Loss on early extinguishment of debt (3) (2) (4) (552)
Other, net (56) (16) (72) (24)
Total other income (expense) (152) (113) (264) (775)
Income (loss) before income taxes 459 389 855 167
Provision for (benefit from) income taxes 173 116 313 25
Consolidated net income 286 273 542 142
Less: Net income (loss) attributable to noncontrolling interests (1) (1) (3) (3)
Net income attributable to Waste Management, Inc. 287 274 545 145
Eliminations [Member]        
Other income (expense):        
Equity in earnings of subsidiaries, net of taxes (669) (637) (1,280) (1,141)
Total other income (expense) (669) (637) (1,280) (1,141)
Income (loss) before income taxes (669) (637) (1,280) (1,141)
Consolidated net income (669) (637) (1,280) (1,141)
Net income attributable to Waste Management, Inc. (669) (637) (1,280) (1,141)
WM [Member]        
Other income (expense):        
Interest expense, net (76) (75) (150) (154)
Loss on early extinguishment of debt   (2) (1) (500)
Equity in earnings of subsidiaries, net of taxes 333 320 637 551
Total other income (expense) 257 243 486 (103)
Income (loss) before income taxes 257 243 486 (103)
Provision for (benefit from) income taxes (30) (31) (59) (248)
Consolidated net income 287 274 545 145
Net income attributable to Waste Management, Inc. 287 274 545 145
WM Holdings [Member]        
Condensed Income Statements, Captions [Line Items]        
Costs and expenses   (6)    
Income from operations   6    
Other income (expense):        
Interest expense, net (5) (5) (10) (12)
Loss on early extinguishment of debt       (52)
Equity in earnings of subsidiaries, net of taxes 336 317 643 590
Total other income (expense) 331 312 633 526
Income (loss) before income taxes 331 318 633 526
Provision for (benefit from) income taxes (2) (2) (4) (25)
Consolidated net income 333 320 637 551
Net income attributable to Waste Management, Inc. 333 320 637 551
Non-Guarantor Subsidiaries [Member]        
Condensed Income Statements, Captions [Line Items]        
Operating revenues 3,425 3,315 6,601 6,355
Costs and expenses 2,814 2,819 5,482 5,413
Income from operations 611 496 1,119 942
Other income (expense):        
Interest expense, net (12) (15) (28) (33)
Loss on early extinguishment of debt (3)   (3)  
Other, net (56) (16) (72) (24)
Total other income (expense) (71) (31) (103) (57)
Income (loss) before income taxes 540 465 1,016 885
Provision for (benefit from) income taxes 205 149 376 298
Consolidated net income 335 316 640 587
Less: Net income (loss) attributable to noncontrolling interests (1) (1) (3) (3)
Net income attributable to Waste Management, Inc. $ 336 $ 317 $ 643 $ 590