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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and equivalents $ 1,195,279 $ 326,738
Accounts receivable, net of allowance for credit losses of $15,172 and $16,432 at March 31, 2020 and December 31, 2019, respectively 624,389 662,808
Prepaid expenses and other current assets 142,553 141,052
Total current assets 1,962,221 1,130,598
Restricted cash 88,927 96,483
Restricted investments 45,856 51,179
Property and equipment, net 5,415,989 5,516,347
Operating lease right-of-use assets 176,772 183,220
Goodwill 5,385,841 5,510,851
Intangible assets, net 1,120,197 1,163,063
Other assets, net 83,608 85,954
Total assets 14,279,411 13,737,695
Current liabilities:    
Accounts payable 398,523 436,970
Book overdraft 12,105 15,954
Accrued liabilities 297,266 280,808
Current portion of operating lease liabilities 29,741 29,929
Current portion of contingent consideration 37,549 26,659
Deferred revenue 210,668 216,443
Current portion of long-term debt and notes payable 4,318 465 [1]
Total current liabilities 990,170 1,007,228
Long-term debt and notes payable 5,160,735 4,353,782 [1]
Long-term portion of operating lease liabilities 153,640 160,033
Long-term portion of contingent consideration 30,050 42,825
Deferred income taxes 817,331 818,622
Other long-term liabilities 440,399 416,851
Total liabilities 7,592,325 6,799,341
Commitments and contingencies (Note 19)
Equity:    
Common shares: 262,878,701 shares issued and 262,804,517 shares outstanding at March 31, 2020; 263,699,675 shares issued and 263,618,161 shares outstanding at December 31, 2019 4,030,368 4,135,343
Additional paid-in capital 141,438 154,917
Accumulated other comprehensive loss (238,652) (10,963)
Treasury shares: 74,184 and 81,514 shares at March 31, 2020 and December 31, 2019, respectively
Retained earnings 2,749,224 2,654,207
Total Waste Connections' equity 6,682,378 6,933,504
Noncontrolling interest in subsidiaries 4,708 4,850
Total equity 6,687,086 6,938,354
Total liabilities and shareholders' equity $ 14,279,411 $ 13,737,695
[1] Interest rates represent the interest rates incurred at March 31, 2020