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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Operating revenues $ 3,861 $ 3,967 $ 11,151 $ 11,609
Costs and expenses:        
Operating 2,332 2,441 6,841 7,182
Selling, general and administrative 416 386 1,218 1,186
Depreciation and amortization 419 404 1,235 1,179
Restructuring 7 1 9 3
(Gain) loss from divestitures, asset impairments and unusual items, net 7 1 68 8
Total costs and expenses 3,181 3,233 9,371 9,558
Income from operations 680 734 1,780 2,051
Other income (expense):        
Interest expense, net (97) (105) (328) (301)
Loss on early extinguishment of debt (52) (1) (52) (85)
Equity in net losses of unconsolidated entities (16) (14) (56) (39)
Other, net 1 1 2 (52)
Total other income (expense) (164) (119) (434) (477)
Income before income taxes 516 615 1,346 1,574
Income tax expense 126 120 288 350
Consolidated net income 390 495 1,058 1,224
Less: Net income (loss) attributable to noncontrolling interests       1
Net income attributable to Waste Management, Inc. $ 390 $ 495 $ 1,058 $ 1,223
Basic earnings per common share $ 0.92 $ 1.17 $ 2.50 $ 2.88
Diluted earnings per common share $ 0.92 $ 1.16 $ 2.49 $ 2.86