| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
10,299 | 10,040 | 10,041 | 9,387 | 9,115 | 8,803 | 8,417 | 8,118 | 8,192 | 8,106 | 8,199 | 3,685 | 3,176 |
Expenses: | ||||||||||||
Cost of operations | ||||||||||||
6,298 | 6,150 | 6,214 | 5,764 | 5,518 | 5,643 | 5,234 | 5,005 | 4,865 | 4,764 | 4,844 | 2,416 | 2,003 |
Depreciation, amortization and depletion | ||||||||||||
1,040 | 1,033 | 1,036 | 991 | 970 | 906 | 877 | 848 | 843 | 833 | 869 | 354 | 305 |
Accretion | ||||||||||||
81 | 80 | 79 | 79 | 79 | 78 | 76 | 78 | 78 | 80 | 88 | 23 | 17 |
Selling, general and administrative | ||||||||||||
1,091 | 1,059 | 1,057 | 969 | 983 | 918 | 853 | 820 | 825 | 858 | 880 | 434 | 313 |
Withdrawal costs - multiemployer pension funds | ||||||||||||
0 | 0 | 1 | 5 | 4 | 1 | 157 | 35 | 0 | 0 | - | - | - |
(Gain) loss on business divestitures and impairments, net | ||||||||||||
14 | 44 | 33 | 0 | 0 | -20 | 1 | 2 | -28 | -19 | 137 | -89 | 0 |
Restructuring charges | ||||||||||||
14 | 26 | 17 | 40 | 0 | 1 | 8 | 11 | 0 | 11 | 63 | 82 | 0 |
Operating income | ||||||||||||
1,787 | 1,735 | 1,668 | 1,537 | 1,558 | 1,233 | 1,210 | 1,320 | 1,552 | 1,539 | 1,589 | 283 | 536 |
Interest expense | ||||||||||||
392 | 383 | 361 | 371 | 364 | 348 | 360 | 388 | 440 | 507 | 595 | 131 | 94 |
Loss from unconsolidated equity method investments | ||||||||||||
-112 | -35 | -27 | 6 | 0 | 0 | - | - | - | - | - | - | - |
Loss on extinguishment of debt | ||||||||||||
0 | -0 | -0 | -196 | 0 | -1 | -2 | -112 | -210 | -160 | -134 | - | 0 |
Interest income | ||||||||||||
6 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 2 | 9 | 12 |
Other (loss) income, net | ||||||||||||
6 | 3 | 2 | 1 | 1 | 1 | 2 | 3 | 4 | 5 | 3 | -1 | 14 |
Income before income taxes | ||||||||||||
1,295 | 1,320 | 1,282 | 965 | 1,195 | 885 | 851 | 823 | 906 | 877 | 865 | 159 | 468 |
Provision for income taxes | ||||||||||||
222 | 283 | 3 | 352 | 445 | 337 | 262 | 251 | 317 | 369 | 368 | 85 | 177 |
Net income | ||||||||||||
1,073 | 1,037 | 1,279 | 613 | 750 | 547 | 589 | 572 | 588 | 507 | 496 | 73 | 290 |
Net income attributable to non-controlling interests in consolidated subsidiary | ||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 1 | 1 | 0 | 0 |
Net income attributable to Republic Services, Inc. | ||||||||||||
1,073 | 1,036 | 1,278 | 612 | 749 | 547 | 588 | 571 | 589 | 506 | 495 | 73 | 290 |
Basic earnings per share attributable to Republic Services, Inc. stockholders: | ||||||||||||
Basic earnings per share (in dollars per share) | ||||||||||||
3.34 | 3.17 | 3.79 | 1.79 | 2.14 | 1.54 | 1.63 | 1.56 | 1.57 | 1.32 | 1.30 | 0.38 | 1.53 |
Weighted average common shares outstanding (in shares) | ||||||||||||
321 | 326 | 337 | 343 | 349 | 356 | 362 | 366 | 375 | 382 | 379 | 196 | 190 |
Diluted earnings per share attributable to Republic Services, Inc. stockholders: | ||||||||||||
Diluted earnings per share (in dollars per share) | ||||||||||||
3.33 | 3.16 | 3.77 | 1.78 | 2.13 | 1.53 | 1.62 | 1.55 | 1.56 | 1.32 | 1.30 | 0.37 | 1.51 |
Weighted average common and common equivalent shares outstanding (in shares) | ||||||||||||
321 | 328 | 338 | 344 | 351 | 358 | 363 | 368 | 377 | 385 | 381 | 198 | 192 |
Cash dividends per common share (in dollars per share) | ||||||||||||
1.56 | 1.44 | 1.33 | 1.24 | 1.16 | 1.08 | 0.99 | 0.91 | 0.84 | 0.78 | 0.76 | 0.72 | 0.55 |