PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2020

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

6.    PROPERTY AND EQUIPMENT

	Land,						Machinery		Assets
	building and						and		under				Right-of-
	improvements		Landfills		Vehicles		equipment		development		Containers		use assets		Total
Cost
Balance, December 31, 2018	$	465.1	$	681.8	$	840.2	$	338.8	$	81.9	$	168.3	$	—	$	2,576.1
IFRS 16 transition impact		—		—		—		—		—		—		103.8		103.8
Additions		68.4		81.3		120.7		85.2		134.0		47.0		26.7		563.3
Acquisitions via business combinations		77.9		4.0		72.5		91.1		—		12.6		47.2		305.3
Disposals		(2.2)		—		(13.1)		(1.7)		—		(12.9)		(15.9)		(45.8)
Transfers		13.7		21.9		62.6		(6.5)		(91.6)		(0.1)		—		—
Changes in foreign exchange		(9.1)		(23.1)		(21.7)		(6.0)		(2.8)		(7.9)		(0.3)		(70.9)
Balance, December 31, 2019		613.8		765.9		1,061.2		500.9		121.5		207.0		161.5		3,431.8
Balance, December 31, 2019		613.8		765.9		1,061.2		500.9		121.5		207.0		161.5		3,431.8
Additions		73.2		92.6		164.8		119.2		21.3		43.5		40.7		555.3
Acquisitions via business combinations		560.0		897.7		455.0		291.3		5.0		172.1		23.4		2,404.5
Disposals		(2.9)		—		(18.2)		(10.7)		—		(3.8)		(20.6)		(56.2)
Transfers		31.0		5.0		(0.3)		28.0		(63.5)		(0.2)		—		—
Changes in foreign exchange		(28.8)		(55.1)		(31.1)		(16.0)		(1.0)		(11.9)		(1.5)		(145.4)
Balance, December 31, 2020		1,246.3		1,706.1		1,631.4		912.7		83.3		406.7		203.5		6,190.0
Accumulated depreciation
Balance, December 31, 2018		6.6		36.8		53.6		30.3		—		12.4		—		139.7
Depreciation		20.8		126.9		164.5		80.5		—		49.4		23.2		465.3
Disposals		(0.3)		—		(9.4)		(0.7)		—		(5.7)		(1.8)		(17.9)
Changes in foreign exchange		(0.3)		(1.5)		(2.1)		(0.5)		—		(0.9)		(0.1)		(5.4)
Balance, December 31, 2019		26.8		162.2		206.6		109.6		—		55.2		21.3		581.7
Balance, December 31, 2019		26.8		162.2		206.6		109.6		—		55.2		21.3		581.7
Depreciation		32.6		111.9		224.7		122.6		—		49.3		37.8		578.9
Disposals		(0.2)		—		(10.2)		(2.2)		—		(3.1)		(4.1)		(19.8)
Changes in foreign exchange		(1.2)		(8.4)		(9.3)		(3.1)		—		(2.8)		(0.8)		(25.6)
Balance, December 31, 2020		58.0		265.7		411.8		226.9		—		98.6		54.2		1,115.2
Carrying amounts
At December 31, 2019	$	587.0	$	603.7	$	854.6	$	391.3	$	121.5	$	151.8	$	140.2	$	2,850.1
At December 31, 2020	$	1,188.3	$	1,440.4	$	1,219.6	$	685.8	$	83.3	$	308.1	$	149.3	$	5,074.8

Total depreciation expense for the year ended December 31, 2020 was $810.6 million, which was comprised of $578.9 million depreciation shown above and $231.7 million depreciation expense due to the difference between the ARO calculated using the credit-adjusted, risk-free discount rate required for measurement of the ARO through purchase accounting, compared to the risk-free discount rate required for annual valuations (See Note 8). Depreciation expense for the year ended December 31, 2019, the seven months ended December 31, 2018, and the five months ended May 31, 2018, were $465.3 million, $178.2 million and $66.3 million, respectively (See Note 8).

Depreciation of property and equipment expense included in cost of sales for the year ended December 31, 2020 was $785.1 million ($442.3 million for the year ended December 31, 2019, $172.1 million for the seven months ended December 31, 2018, and $63.1 million for the five months ended May 31, 2018).

Depreciation of property and equipment expense included in selling, general and administrative expenses for the year ended December 31, 2020 was $25.5 million ($23.1 million for the year ended December 31, 2019, $6.1 million for the seven months ended December 31, 2018, and $3.2 million for the five months ended May 31, 2018).