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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and equivalents $ 78,658 $ 78,399
Accounts receivable, net of allowance for credit losses of $24,017 and $23,553 at June 30, 2024 and December 31, 2023, respectively 961,492 856,953
Prepaid expenses and other current assets 195,557 206,433
Total current assets 1,235,707 1,141,785
Restricted cash 113,748 105,639
Restricted investments 75,490 70,350
Property and equipment, net 7,896,221 7,228,331
Operating lease right-of-use assets 296,092 261,782
Goodwill 7,704,719 7,404,400
Intangible assets, net 1,894,860 1,603,541
Other assets, net 84,689 100,048
Total assets 19,301,526 17,915,876
Current liabilities:    
Accounts payable 663,159 642,455
Book overdraft 16,204 14,855
Deferred revenue 375,626 355,203
Accrued liabilities 569,732 521,428
Current portion of operating lease liabilities 38,434 32,533
Current portion of contingent consideration 97,253 94,996
Current portion of long-term debt and notes payable 10,058 26,462
Total current liabilities 1,770,466 1,687,932
Long-term portion of debt and notes payable 7,696,229 6,724,771
Long-term portion of operating lease liabilities 270,281 238,440
Long-term portion of contingent consideration 20,806 20,034
Deferred income taxes 1,068,671 1,022,480
Other long-term liabilities 491,855 524,438
Total liabilities 11,318,308 10,218,095
Commitments and contingencies
Equity:    
Common shares: 258,023,240 shares issued and 257,965,548 shares outstanding at June 30, 2024; 257,659,921 shares issued and 257,600,479 shares outstanding at December 31, 2023 3,279,130 3,276,661
Additional paid-in capital 290,792 284,284
Accumulated other comprehensive loss (86,655) (9,826)
Treasury shares: 57,692 and 59,442 shares at June 30, 2024 and December 31, 2023, respectively
Retained earnings 4,499,951 4,141,690
Total Waste Connections' equity 7,983,218 7,692,809
Noncontrolling interest in subsidiaries   4,972
Total equity 7,983,218 7,697,781
Total liabilities and equity $ 19,301,526 $ 17,915,876