XML 17 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Operating revenues $ 3,440 $ 3,176
Costs and expenses:    
Operating 2,166 1,993
Selling, general and administrative 390 362
Depreciation and amortization 328 312
Restructuring 1 2
Income from divestitures (3) (1)
Total costs and expenses 2,882 2,668
Income from operations 558 508
Other income (expense):    
Interest expense, net (92) (95)
Equity in net losses of unconsolidated entities (32) (7)
Other, net   (10)
Total other income (expense) (124) (112)
Income (loss) before income taxes 434 396
Income tax expense 137 140
Consolidated net income 297 256
Less: Net loss attributable to noncontrolling interests (1) (2)
Net income attributable to Waste Management, Inc. $ 298 $ 258
Basic earnings per common share $ 0.68 $ 0.58
Diluted earnings per common share 0.67 0.58
Cash dividends declared per common share $ 0.425 $ 0.410