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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and equivalents $ 790,551 $ 326,738
Accounts receivable, net of allowance for credit losses of $19,965 and $16,432 at June 30, 2020 and December 31, 2019, respectively 608,801 662,808
Prepaid expenses and other current assets 105,574 141,052
Total current assets 1,504,926 1,130,598
Restricted cash 92,873 96,483
Restricted investments 46,391 51,179
Property and equipment, net 5,045,872 5,516,347
Operating lease right-of-use assets 173,905 183,220
Goodwill 5,488,305 5,510,851
Intangible assets, net 1,152,303 1,163,063
Other assets, net 89,430 85,954
Total assets 13,594,005 13,737,695
Current liabilities:    
Accounts payable 367,355 436,970
Book overdraft 15,348 15,954
Accrued liabilities 341,333 280,808
Current portion of operating lease liabilities 30,933 29,929
Current portion of contingent consideration 62,213 26,659
Deferred revenue 214,478 216,443
Current portion of long-term debt and notes payable 7,658 465 [1]
Total current liabilities 1,039,318 1,007,228
Long-term debt and notes payable 4,694,736 4,353,782 [1]
Long-term portion of operating lease liabilities 149,763 160,033
Long-term portion of contingent consideration 25,801 42,825
Deferred income taxes 728,730 818,622
Other long-term liabilities 459,276 416,851
Total liabilities 7,097,624 6,799,341
Commitments and contingencies (Note 18)
Equity:    
Common shares: 262,885,349 shares issued and 262,811,165 shares outstanding at June 30, 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 151,149 154,917
Accumulated other comprehensive loss (162,707) (10,963)
Treasury shares: 74,184 and 81,514 shares at June 30, 2020 and December 31, 2019, respectively
Retained earnings 2,473,258 2,654,207
Total Waste Connections' equity 6,492,068 6,933,504
Noncontrolling interest in subsidiaries 4,313 4,850
Total equity 6,496,381 6,938,354
Total liabilities and shareholders' equity $ 13,594,005 $ 13,737,695
[1] Interest rates represent the interest rates incurred at June 30, 2020