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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Operating revenues $ 3,548 $ 3,360 $ 10,149 $ 9,715
Costs and expenses:        
Operating 2,216 2,095 6,339 6,204
Selling, general and administrative 330 330 1,032 1,000
Depreciation and amortization 336 330 988 944
Restructuring   2 4 7
Expense from divestitures, asset impairments and unusual items 106 2 107 17
Total costs and expenses 2,988 2,759 8,470 8,172
Income from operations 560 601 1,679 1,543
Other income (expense):        
Interest expense, net (94) (95) (282) (294)
Loss on early extinguishment of debt     (4) (552)
Equity in net losses of unconsolidated entities (9) (9) (32) (32)
Other, net   (1) (49) (2)
Total other income (expense) (103) (105) (367) (880)
Income (loss) before income taxes 457 496 1,312 663
Provision for income taxes 153 159 466 184
Consolidated net income 304 337 846 479
Less: Net income (loss) attributable to noncontrolling interests 2 2 (1) (1)
Net income attributable to Waste Management, Inc. $ 302 $ 335 $ 847 $ 480
Basic earnings per common share $ 0.68 $ 0.75 $ 1.91 $ 1.06
Diluted earnings per common share 0.68 0.74 1.89 1.05
Cash dividends declared per common share $ 0.410 $ 0.385 $ 1.230 $ 1.155