COVANTA HOLDING CORPORATION CVA Income Statement

Covanta holding corporation (CVA)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
OPERATING REVENUES:
Total operating revenue
1,885	1,870	1,885	1,876	1,863	1,868	1,863	1,836	1,806	1,752	1,714	1,706	1,700	1,699	1,674	1,675	1,665	1,645	1,648	1,640	1,664	1,682	1,669	1,680	1,659	1,630	1,637	1,624	1,623	1,643	1,644	1,664	1,665	1,650	1,638	1,609	1,592	1,583	1,572	1,545	0	0	0
OPERATING EXPENSES:
Plant operating expense
1,373	1,371	1,372	1,355	1,335	1,321	1,306	1,299	1,284	1,271	1,228	1,199	1,194	1,177	1,181	1,169	1,155	1,129	1,106	1,094	1,062	1,055	1,030	1,012	994	992	992	987	980	967	957	953	958	962	967	964	950	943	948	945	0	0	0
Other operating expense, net
59	64	64	71	74	65	71	61	44	51	65	72	89	86	63	67	74	73	90	91	94	101	94	102	98	97	126	130	135	157	138	151	151	140	145	129	124	120	91	73	0	0	0
General and administrative expense
122	122	120	118	114	115	115	112	115	112	111	110	105	100	93	90	88	93	95	101	104	97	93	87	82	82	66	70	74	78	84	84	84	84	100	98	101	103	105	110	0	0	0
Depreciation and amortization expense
224	221	221	219	219	218	222	220	217	215	207	208	207	207	205	203	202	198	202	203	206	211	209	210	209	209	206	200	197	194	196	198	196	193	190	189	188	190	189	194	0	0	0
Net Interest Expense On Project Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	11	11	13	13	15	19	22	27	29	30	31	31	31	33	35	38	42	44	0	0	0
Impairment charges
21	2	52	87	0	-	0	0	-	-	0	0	-	20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	0	-	-	-	0	-	-	-	-
Total operating expense
1,799	1,780	1,780	1,813	1,828	1,805	1,801	1,730	1,662	1,651	1,613	1,591	1,600	1,590	1,580	1,567	1,577	1,536	1,509	1,556	1,518	1,528	1,500	1,449	1,420	1,408	1,366	1,353	1,351	1,366	1,402	1,416	1,420	1,410	1,437	1,449	1,434	1,428	1,409	1,367	0	0	0
Operating loss
86	90	105	63	35	63	62	106	144	101	101	115	100	109	94	108	88	109	139	84	146	154	169	231	239	222	271	271	272	277	242	248	245	240	201	160	157	155	162	178	0	0	0
Other income (expense):
Investment income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	1	2	2	0	0	0
Interest expense
141	143	142	143	143	145	152	150	149	147	141	141	140	138	135	134	133	134	145	141	141	135	122	122	118	118	115	110	105	94	84	75	68	67	62	57	51	45	43	40	0	0	0
Non-cash convertible debt related expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	20	27	29	28	27	26	26	25	24	27	26	25	29	30	35	39	33	29	0	0	0
Net gain on sale of business and investments
8	49	49	55	57	217	217	210	208	-6	-5	38	40	44	43	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-	-	0	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-2	-2	-2	-2	-1	-2	-2	-2	-3	-3	-3	0	-	0	0	-	-	-	-	0	-	-
Other expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (expense) income, net
-1	1	-1	0	-2	-3	1	1	0	-	0	0	-	-1	-1	-34	-35	-1	0	0	0	-	0	0	0	-	-	-	-	3	-7	-10	0	-	0	0	-	-	-	-	-	-	-
Total other (expense) income
-134	-93	-106	-103	-103	54	-11	-11	-24	-236	-116	-115	0	-	0	0	-	-	-	144	148	150	140	147	145	143	143	137	132	118	114	118	113	112	120	105	101	98	74	67	0	0	0
(Loss) income before income tax benefit (expense) and equity in net income from unconsolidated investments
-48	-3	-1	-40	-68	117	51	95	120	-135	-56	-2	1	14	1	-26	-48	-28	-9	-60	-2	4	29	84	94	79	128	134	140	159	128	130	132	128	80	54	55	57	88	110	0	0	0
Income Tax Expense (Benefit)
-14	-7	-1	1	-18	-29	-220	-219	-189	-191	12	26	21	22	-60	-61	-104	-84	20	-7	39	15	8	44	45	43	12	19	23	31	62	37	37	35	8	21	23	24	37	40	0	0	0
Equity in net income from unconsolidated investments
7	6	7	7	6	6	3	3	0	-	0	0	-	4	5	11	13	13	16	13	12	10	7	9	8	6	4	4	8	10	11	9	0	-	0	0	-	2	6	11	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42	44	35	0	-	0	0	-	98	76	37	35	35	0	0	0	-	-
(Loss) income from discontinued operations, net of income tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-52	-53	-55	0	-	0	0	-	129	148	166	175	36	0	0	0	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10	49	48	103	118	61	78	81	227	224	203	210	71	89	101	0	0	0
Less: Net income from discontinued operations attributable to noncontrolling interests in subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	4	5	5	4	0	0	0	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	3	4	7	8	8	9	8	9	9	8	0	0	0
Less: Net loss (income) from continuing operations attributable to noncontrolling interests in subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	5	0	0	0	-	-
Net Income (Loss) Attributable to Parent
0	-	7	-34	0	-	274	316	310	-	-66	-27	-19	-	65	45	68	68	-14	-41	-30	-2	29	50	7	-9	49	47	103	116	58	74	74	219	216	194	202	62	79	92	0	0	0
Weighted Average Common Shares Outstanding:
Basic
131	131	131	131	131	130	130	130	130	131	130	130	129	129	129	129	129	132	132	132	132	131	130	130	129	128	129	129	130	130	131	133	134	134	139	144	147	150	153	154	153	153	153
Diluted
131	135	133	131	133	136	130	130	132	134	131	130	129	127	131	129	129	134	134	132	132	129	131	131	129	130	130	130	130	132	132	134	134	136	140	145	147	153	154	155	153	155	154
Earnings Per Share:
Amounts Attributable to Covanta Holding Corporation stockholders:
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	44	36	0	-	0	0	-	93	72	33	32	30	0	0	0	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-52	-53	-55	0	-	0	0	-	126	143	160	170	32	0	0	0	-	-
NET INCOME ATTRIBUTABLE TO COVANTA HOLDING CORPORATION
0	-	7	-34	0	-	274	316	310	-	0	0	0	-	0	0	-	-	-	-	-	-	29	50	7	-9	49	47	103	116	58	74	74	219	216	194	202	62	79	92	0	0	0
Earnings Per Share [Abstract]
Basic
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.19	0.22	0.09	-0.17	-	0.20	0.15	-	0.28	0.35	0.12	-0.09	0.12	0.07	0.10	-0.10	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.00	-0.39	-0.02	-	0.00	-0.01	-	-0.07	-0.05	0.01	1.00	0.03	0.06	0.07	0.05	-	-
Basic
-0.24	0.08	0.11	-0.16	0.04	0.07	-0.21	-0.24	1.55	1.02	0.11	-0.28	-0.41	0.07	0.42	-0.23	-0.29	0.59	0.26	-0.05	-0.28	-0.03	0.05	0.04	-0.07	0.20	0.22	-0.30	-0.19	0.63	0.20	0.14	-0.09	0.21	0.30	0.13	0.91	0.15	0.13	0.17	-0.05	0.27	0.22
Diluted
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.19	0.22	0.09	-0.17	-	0.19	0.15	-	0.28	0.35	0.12	-0.09	0.12	0.07	0.10	-0.10	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.00	-0.39	-0.02	-	0.00	-0.01	-	-0.08	-0.05	0.01	1.00	0.03	0.06	0.07	0.05	-	-
Diluted
-0.24	0.10	0.10	-0.16	0.03	0.07	-0.21	-0.24	1.53	1.02	0.11	-0.28	-0.41	0.07	0.42	-0.23	-0.29	0.59	0.25	-0.05	-0.28	-0.03	0.05	0.04	-0.07	0.20	0.22	-0.30	-0.19	0.63	0.19	0.14	-0.09	0.20	0.30	0.13	0.91	0.15	0.13	0.17	-0.05	0.26	0.21
Cash Dividend Declared Per Share
0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.00	0.25	0.25	0.25	0.00	0.25	0.18	0.18	0.00	0.16	0.16	0.16	0.00	0.15	0.15	0.15	0.00	0.07	0.07	0.07	0.00	0.00	1.50	0.00	-	0.00
Discontinued Operation, Tax Effect of Discontinued Operation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Waste and service revenue
Total operating revenue
1,412	1,393	1,389	1,368	1,342	1,327	1,306	1,280	1,257	1,231	1,214	1,207	1,194	1,187	1,174	1,158	1,137	1,104	1,077	1,046	1,037	1,032	1,026	1,029	1,019	1,008	1,005	997	1,002	1,010	955	981	995	1,008	1,014	998	990	981	999	970	0	0	0
Energy revenue
Total operating revenue
328	329	333	333	337	343	350	349	348	334	332	344	355	370	381	397	410	421	429	441	452	460	459	456	449	431	419	417	405	394	396	390	397	400	405	411	413	420	476	498	0	0	0
Recycled metals revenue
Total operating revenue
82	86	84	88	92	95	100	100	90	82	71	62	64	61	56	58	58	61	70	80	88	93	93	86	78	73	69	67	68	72	0	0	0	-	-	-	-	-	-	-	-	-	-
Other operating revenue
Total operating revenue
63	62	79	87	92	103	107	107	111	105	97	93	87	81	63	62	60	59	72	73	87	97	91	109	113	118	144	143	148	167	164	181	179	168	163	144	133	127	96	77	0	0	0