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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Operating revenues $ 3,822 $ 3,716 $ 11,072 $ 10,833
Costs and expenses:        
Operating 2,373 2,302 6,870 6,758
Selling, general and administrative 345 356 1,083 1,099
Depreciation and amortization 376 350 1,107 1,034
Restructuring 1 (2) 4  
(Gain) loss from divestitures, asset impairments and unusual items, net 28 9 (14) 10
Total costs and expenses 3,123 3,015 9,050 8,901
Income from operations 699 701 2,022 1,932
Other income (expense):        
Interest expense, net (93) (90) (277) (272)
Equity in net losses of unconsolidated entities (9) (8) (29) (53)
Other, net     1  
Total other income (expense) (102) (98) (305) (325)
Income before income taxes 597 603 1,717 1,607
Income tax expense 99 215 325 561
Consolidated net income 498 388 1,392 1,046
Less: Net income (loss) attributable to noncontrolling interests (1) 2 (2)  
Net income attributable to Waste Management, Inc. $ 499 $ 386 $ 1,394 $ 1,046
Basic earnings per common share $ 1.16 $ 0.88 $ 3.24 $ 2.37
Diluted earnings per common share 1.16 0.87 3.22 2.36
Cash dividends declared per common share $ 0.465 $ 0.425 $ 1.395 $ 1.275