Unaudited Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | |||||
|---|---|---|---|---|---|---|---|
Sep. 30, 2024 |
Sep. 30, 2023 |
Sep. 30, 2024 |
Sep. 30, 2023 |
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| Income Statement [Abstract] | |||||||
| Revenue | $ 4,076,200 | $ 3,825,900 | $ 11,986,000 | $ 11,132,900 | | ||
| Expenses: | | ||||||
| Cost of operations | 2,366,900 | 2,284,300 | 7,032,700 | 6,678,000 | | ||
| Depreciation, amortization and depletion | 422,000 | 382,300 | 1,234,200 | 1,099,400 | | ||
| Accretion | 26,700 | 24,600 | 80,100 | 73,200 | | ||
| Selling, general and administrative | 406,000 | 402,100 | 1,227,600 | 1,177,300 | | ||
| Loss (gain) on business divestitures and impairments, net | 500 | (1,500) | (900) | (1,500) | | ||
| Restructuring charges | 8,200 | 6,300 | 19,700 | 27,300 | | | |
| Total Operating Expenses | 3230300.0 | 3098100.0 | 9593400.0 | 9053700.0 | 0 | |
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| Operating income | 845,900 | 727,800 | 2,392,600 | 2,079,200 | | ||
| Interest expense | (138,200) | (127,600) | (405,800) | (378,800) | | ||
| Loss on extinguishment of debt | (2,400) | 0 | (2,400) | (200) | | ||
| (Loss) income from unconsolidated equity method investments | (73,400) | 2,800 | (116,000) | 200 | | ||
| Interest income | 4,300 | 2,000 | 7,400 | 5,000 | | ||
| Total Other Income Expenses | -199400.0 | -121500.0 | -493300.0 | -370600.0 | 0.0 | |
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| Other income, net | 10,300 | 1,300 | 23,500 | 3,200 | | | |
| Income before income taxes | 646,500 | 606,300 | 1,899,300 | 1,708,600 | | ||
| Provision for income taxes | 80,600 | 126,000 | 367,800 | 416,900 | | ||
| Net income | 565,900 | 480,300 | 1,531,500 | 1,291,700 | | ||
| Net income attributable to non-controlling interests in consolidated subsidiary | (200) | (100) | (500) | (300) | |||
| Net income attributable to Republic Services, Inc. | $ 565,669 | $ 480,169 | $ 1,530,999 | $ 1,291,419 | |||
| Basic earnings per share attributable to Republic Services, Inc. stockholders: | |||||||
| Basic earnings per share (in dollars per share) | $ 1.80 | $ 1.52 | $ 4.86 | $ 4.08 | |||
| Weighted average common shares outstanding (in shares) | 314,002 | 316,062 | 314,735 | 316,541 | |||
| Diluted earnings per share attributable to Republic Services, Inc. stockholders: | |||||||
| Diluted earnings per share (in dollars per share) | $ 1.80 | $ 1.52 | $ 4.86 | $ 4.07 | |||
| Weighted average common and common equivalent shares outstanding (in shares) | 314,371 | 316,556 | 315,149 | 317,003 | |||
| Cash dividends per common share (in dollars per share) | $ 0.580 | $ 0.535 | $ 1.650 | $ 1.525 | |||
| X | ||||||||||
- Definition Loss on disposition of assets and impairments, net. No definition available.
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- Definition Amount of accretion expense recognized during the period that is associated with an asset retirement obligation. Accretion expense measures and incorporates changes due to the passage of time into the carrying amount of the liability. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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