<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF WASTE MANAGEMENT, INC., FOR THE SIX MONTHS ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1998 <PERIOD-START> JAN-01-1998 JAN-01-1998 <PERIOD-END> JUN-30-1998 MAR-31-1998 <CASH> 268,305,000 358,121,000 <SECURITIES> 1,462,000 3,053,000 <RECEIVABLES> 2,175,742,000 2,016,848,000 <ALLOWANCES> (95,885,000) (99,432,000) <INVENTORY> 0 0 <CURRENT-ASSETS> 2,997,035,000 2,855,913,000 <PP&E> 18,086,116,000 17,229,816,000 <DEPRECIATION> (5,958,193,000) (5,612,375,000) <TOTAL-ASSETS> 22,018,962,000 21,267,362,000 <CURRENT-LIABILITIES> 4,380,973,000 5,007,450,000 <BONDS> 9,286,271,000 8,983,019,000 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 5,913,000 5,875,000 <OTHER-SE> 4,990,772,000 4,024,375,000 <TOTAL-LIABILITY-AND-EQUITY> 22,018,962,000 21,267,362,000 <SALES> 6,076,238,000 2,901,061,000 <TOTAL-REVENUES> 6,076,238,000 2,901,061,000 <CGS> 3,623,266,000 1,757,707,000 <TOTAL-COSTS> 5,074,738,000 2,457,162,000 <OTHER-EXPENSES> (85,341,000) (51,130,000) <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 325,962,000 153,942,000 <INCOME-PRETAX> 760,879,000 341,087,000 <INCOME-TAX> 341,155,000 161,815,000 <INCOME-CONTINUING> 419,724,000 179,272,000 <DISCONTINUED> 0 0 <EXTRAORDINARY> (3,900,000) 0 <CHANGES> 0 0 <NET-INCOME> 415,824,000 179,272,000 <EPS-PRIMARY> 0.75 0.33 <EPS-DILUTED> 0.73 0.32