Waste management, inc (WM)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Operating revenues

3,729

3,846

3,967

3,946

3,696

3,842

3,822

3,739

3,511

3,652

3,716

3,677

3,440

3,460

3,548

3,425

3,176

3,246

3,360

3,315

3,040

3,437

3,602

3,561

3,396

3,500

3,621

3,526

3,336

3,434

3,461

3,459

3,295

3,406

3,522

3,347

3,103

3,187

3,235

3,158

2,935

3,006

3,023

2,952

2,810

3,525

3,489

Costs and expenses:
Operating

2,329

2,314

2,441

2,443

2,298

2,379

2,373

2,313

2,184

2,263

2,302

2,290

2,166

2,147

2,216

2,130

1,993

2,027

2,095

2,163

1,946

2,170

2,299

2,301

2,232

2,267

2,325

2,311

2,209

2,224

2,229

2,260

2,166

2,145

2,261

2,140

1,995

1,941

2,006

1,996

1,881

1,874

1,856

1,786

1,725

2,221

2,181

Selling, general and administrative

425

445

386

391

409

370

345

365

373

369

356

353

390

378

330

340

362

343

330

322

348

376

377

353

375

376

349

353

390

356

335

374

407

407

380

382

382

396

369

345

351

365

339

323

337

369

358

Depreciation and amortization

402

395

404

409

366

370

376

384

347

342

350

356

328

313

336

340

312

301

330

322

292

307

329

339

317

327

344

339

323

326

331

323

317

294

317

319

299

277

317

309

291

274

301

302

289

326

318

Restructuring

-

3

1

0

2

0

1

1

2

-

-2

1

1

0

0

2

2

8

2

4

1

13

67

1

1

5

3

2

8

16

44

3

4

-

15

-

-

-

0

-1

-

4

3

5

38

0

0

(Gain) loss from divestitures, asset impairments and unusual items, net

-

-

1

7

-

-44

28

-39

-3

-26

9

4

-3

5

106

2

-1

65

2

2

13

-181

-16

35

2

426

23

11

4

-

22

33

-

-

6

-

-

-

-1

-77

-

33

-1

2

49

-23

0

Total costs and expenses

3,156

3,191

3,233

3,250

3,075

3,075

3,123

3,024

2,903

2,948

3,015

3,004

2,882

2,843

2,988

2,814

2,668

2,744

2,759

2,813

2,600

2,685

3,056

3,029

2,927

3,910

3,044

3,016

2,934

2,950

2,961

2,993

2,894

2,854

2,979

2,841

2,676

2,613

2,691

2,572

2,523

2,550

2,498

2,418

2,438

2,893

2,857

Income from operations

573

655

734

696

621

767

699

715

608

704

701

673

558

617

560

611

508

502

601

502

440

752

546

532

469

-410

577

510

402

484

500

466

401

552

543

506

427

574

544

586

412

456

525

534

372

632

632

Other income (expense):
Interest expense, net

-112

-110

-105

-100

-96

-97

-93

-93

-91

-91

-90

-90

-92

-94

-94

-93

-95

-91

-95

-95

-104

-114

-116

-115

-121

-358

-119

-121

121

-850

123

121

122

123

118

119

121

119

126

116

112

110

104

107

105

114

105

Loss on early extinguishment of debt

-

-

-1

-84

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

0

-2

-550

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

1

1

2

1

2

3

-

1

2

-

3

3

3

4

5

4

Equity in net losses of unconsolidated entities

-26

-16

-14

-16

-9

-12

-9

-13

-7

-15

-8

-13

-32

-12

-9

-16

-7

-6

-9

-15

-8

-17

-14

-13

-9

-15

-3

-8

-8

-11

-17

-11

-7

-11

-7

-9

-4

-5

-8

-8

0

-

-

-

-

-

-

Other, net

-

2

1

1

-54

1

0

0

1

-

-

-

-

-1

0

-43

-10

-

-1

-1

-

-22

-2

-2

-3

-62

-3

2

-11

-2

-14

-1

-1

-8

2

1

1

3

0

0

2

-

1

0

-

1

-1

Total other income (expense)

-138

-124

-119

-199

-159

-108

-102

-106

-97

-120

-98

-103

-124

-107

-103

-152

-112

-105

-105

-113

-662

-153

-132

-130

-133

-193

-125

-127

-140

-135

-152

-132

-129

-140

-122

-125

-121

-120

-133

-122

-110

-109

-100

-104

-101

-108

-102

Income before income taxes

435

531

615

497

462

659

597

609

511

584

603

570

434

510

457

459

396

397

496

389

-222

599

414

402

336

-603

452

383

262

349

348

334

272

412

421

381

306

454

411

464

302

347

425

430

271

524

530

Income tax expense

74

84

120

115

115

128

99

110

116

-319

215

209

137

176

153

173

140

124

159

116

-91

1

133

180

99

-4

155

127

86

114

125

115

89

134

136

131

110

160

153

206

110

16

133

163

101

201

199

Consolidated net income

361

447

495

382

347

531

498

499

395

903

388

361

297

334

304

286

256

273

337

273

-131

598

281

222

237

-599

297

256

176

235

223

219

183

278

285

250

196

294

258

258

192

331

292

267

170

323

331

Less: Net income (loss) attributable to noncontrolling interests

-

-

-

1

-

0

-1

0

-1

-

2

-1

-1

-1

2

-1

-2

0

2

-1

-2

8

11

12

9

6

6

12

8

11

9

11

12

12

13

13

10

13

14

12

10

46

-15

20

15

13

13

Net income attributable to Waste Management, Inc.

361

447

495

381

347

531

499

499

396

903

386

362

298

335

302

287

258

273

335

274

-129

590

270

210

228

-605

291

244

168

224

214

208

171

266

272

237

186

281

244

246

182

315

277

247

155

310

318

Basic earnings per common share

0.85

1.04

1.17

0.90

0.82

1.26

1.16

1.16

0.91

2.06

0.88

0.82

0.68

0.75

0.68

0.65

0.58

0.59

0.75

0.60

-0.28

1.27

0.59

0.45

0.49

-1.29

0.62

0.52

0.36

0.48

0.46

0.45

0.37

0.58

0.58

0.50

0.39

0.59

0.51

0.51

0.37

0.65

0.56

0.50

0.31

0.63

0.65

Diluted earnings per common share

0.85

1.05

1.16

0.89

0.81

1.23

1.16

1.15

0.91

2.06

0.87

0.81

0.67

0.75

0.68

0.64

0.58

0.59

0.74

0.60

-0.28

1.27

0.58

0.45

0.49

-1.29

0.62

0.52

0.36

0.48

0.46

0.45

0.37

0.57

0.58

0.50

0.39

0.59

0.51

0.51

0.37

0.64

0.56

0.50

0.31

0.63

0.64

Cash dividends declared per common share

-

-

-

-

-

-

-

-

-

-

0.42

0.42

0.42

0.41

0.41

0.41

0.41

0.38

0.38

0.38

0.38

0.37

0.37

0.37

0.37

0.36

0.36

0.36

0.36

0.35

0.35

0.35

0.35

0.34

0.34

0.34

0.34

0.31

0.31

0.31

0.31

0.29

0.29

0.29

0.29

0.27

0.27