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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 34.9 $ 35.3
Accounts receivable, less allowance for doubtful accounts of $55.4 in 2024 and $44.7 in 2023 657.1 553.9
Prepaid expenses 28.0 31.6
Other current assets 51.1 50.7
Total Current Assets 771.1 671.5
Property, plant and equipment, less accumulated depreciation of $683.5 in 2024 and $675.4 in 2023 732.0 708.3
Operating lease right-of-use assets 515.8 464.3
Goodwill 2,757.1 2,755.6
Intangible assets, less accumulated amortization of $975.7 in 2024 and $925.8 in 2023 633.1 686.5
Other assets 67.7 66.4
Total Assets 5,476.8 5,352.6
Current Liabilities:    
Current portion of long-term debt 16.9 19.6
Bank overdrafts 0.6 1.0
Accounts payable 200.2 212.1
Accrued liabilities 221.5 259.5
Operating lease liabilities 111.0 105.4
Deferred revenues 79.7 72.6
Other current liabilities 51.2 47.8
Total Current Liabilities 681.1 718.0
Long-term debt, net 1,392.3 1,277.8
Long-term operating lease liabilities 424.7 378.9
Deferred income taxes 412.7 420.5
Other liabilities 33.5 34.5
Total Liabilities 2,944.3 2,829.7
Commitments and contingencies (Note 9)
EQUITY    
Common stock (par value $0.01 per share, 120.0 shares authorized, 92.8 and 92.6 issued and outstanding in 2024 and 2023, respectively) 0.9 0.9
Additional paid-in capital 1,320.3 1,316.7
Retained earnings 1,408.5 1,389.4
Accumulated other comprehensive loss (197.6) (184.5)
Total Stericycle, Inc.’s Equity 2,532.1 2,522.5
Noncontrolling interests 0.4 0.4
Total Equity 2,532.5 2,522.9
Total Liabilities and Equity $ 5,476.8 $ 5,352.6