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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Operating revenues $ 4,665 $ 3,861 $ 13,253 $ 11,151
Costs and expenses:        
Operating 2,906 2,332 8,156 6,841
Selling, general and administrative 469 416 1,372 1,218
Depreciation and amortization 517 419 1,489 1,235
Restructuring 1 7 6 9
(Gain) loss from divestitures, asset impairments and unusual items, net (34) 7 (17) 68
Total costs and expenses 3,859 3,181 11,006 9,371
Income from operations 806 680 2,247 1,780
Other income (expense):        
Interest expense, net (87) (97) (282) (328)
Loss on early extinguishment of debt   (52) (220) (52)
Equity in net losses of unconsolidated entities (14) (16) (34) (56)
Other, net 1 1 (4) 2
Total other income (expense) (100) (164) (540) (434)
Income before income taxes 706 516 1,707 1,346
Income tax expense 167 126 396 288
Consolidated net income 539 390 1,311 1,058
Less: Net income (loss) attributable to noncontrolling interests 1   1  
Net income attributable to Waste Management, Inc. $ 538 $ 390 $ 1,310 $ 1,058
Basic earnings per common share $ 1.28 $ 0.92 $ 3.11 $ 2.50
Diluted earnings per common share $ 1.28 $ 0.92 $ 3.09 $ 2.49