XML 38 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 59.6 $ 55.6
Accounts receivable, less allowance for doubtful accounts of $48.2 in 2022 and $43.3 in 2021 457.2 420.4
Prepaid expenses 42.9 45.6
Other current assets 53.8 53.9
Total Current Assets 613.5 575.5
Property, plant and equipment, less accumulated depreciation of $677.8 in 2022 and $658.5 in 2021 713.1 711.0
Operating lease right-of-use assets 346.5 344.8
Goodwill 2,808.8 2,815.7
Intangible assets, less accumulated amortization of $768.2 in 2022 and $736.6 in 2021 932.9 964.5
Other assets 62.3 61.6
Total Assets 5,477.1 5,473.1
Current Liabilities:    
Current portion of long-term debt 17.3 19.9
Bank overdrafts 1.0 1.6
Accounts payable 210.9 218.9
Accrued liabilities 308.8 359.6
Operating lease liabilities 84.6 85.5
Other current liabilities 46.9 46.2
Total Current Liabilities 669.5 731.7
Long-term debt, net 1,678.3 1,589.8
Long-term operating lease liabilities 282.0 279.8
Deferred income taxes 410.4 411.0
Long-term taxes payable 15.9 19.1
Other liabilities 39.6 38.9
Total Liabilities 3,095.7 3,070.3
Commitments and contingencies
EQUITY    
Common stock (par value $0.01 per share, 120.0 shares authorized, 92.1 and 91.9 issued and outstanding in 2022 and 2021, respectively) 0.9 0.9
Additional paid-in capital 1,263.4 1,261.8
Retained earnings 1,340.6 1,354.8
Accumulated other comprehensive loss (227.4) (218.8)
Total Stericycle, Inc.’s Equity 2,377.5 2,398.7
Noncontrolling interests 3.9 4.1
Total Equity 2,381.4 2,402.8
Total Liabilities and Equity $ 5,477.1 $ 5,473.1