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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Operating revenues $ 5,119 $ 5,027 $ 10,011 $ 9,688
Costs and expenses:        
Operating 3,186 3,142 6,272 6,045
Selling, general and administrative 467 487 943 978
Depreciation, depletion and amortization 521 508 1,026 990
Restructuring 1   4  
(Gain) loss from divestitures, asset impairments and unusual items, net     (3) 17
Total costs and expenses 4,175 4,137 8,242 8,030
Income from operations 944 890 1,769 1,658
Other income (expense):        
Interest expense, net (125) (93) (245) (178)
Equity in net losses of unconsolidated entities (12) (17) (23) (32)
Other, net 2 (4) 4 (1)
Total other income (expense) (135) (114) (264) (211)
Income before income taxes 809 776 1,505 1,447
Income tax expense 196 189 360 346
Consolidated net income 613 587 1,145 1,101
Less: Net income (loss) attributable to noncontrolling interests (2)   (3) 1
Net income attributable to Waste Management, Inc. . $ 615 $ 587 $ 1,148 $ 1,100
Basic earnings per common share $ 1.52 $ 1.42 $ 2.82 $ 2.65
Diluted earnings per common share $ 1.51 $ 1.41 $ 2.81 $ 2.64