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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Operating revenues $ 5,027 $ 4,476 $ 9,688 $ 8,588
Costs and expenses:        
Operating 3,142 2,736 6,045 5,250
Selling, general and administrative 487 445 978 903
Depreciation and amortization 508 500 990 972
Restructuring   4   5
(Gain) loss from divestitures, asset impairments and unusual items, net     17 17
Total costs and expenses 4,137 3,685 8,030 7,147
Income from operations 890 791 1,658 1,441
Other income (expense):        
Interest expense, net (93) (98) (178) (195)
Loss on early extinguishment of debt   (220)   (220)
Equity in net losses of unconsolidated entities (17) (11) (32) (20)
Other, net (4) (6) (1) (5)
Total other income (expense) (114) (335) (211) (440)
Income before income taxes 776 456 1,447 1,001
Income tax expense 189 105 346 229
Consolidated net income 587 351 1,101 772
Less: Net income (loss) attributable to noncontrolling interests     1  
Net income attributable to Waste Management, Inc. $ 587 $ 351 $ 1,100 $ 772
Basic earnings per common share $ 1.42 $ 0.83 $ 2.65 $ 1.83
Diluted earnings per common share $ 1.41 $ 0.83 $ 2.64 $ 1.82