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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and equivalents $ 147,441 $ 617,294
Accounts receivable, net of allowance for credit losses of $18,480 and $19,380 at December 31, 2021 and 2020, respectively 709,614 630,264
Prepaid expenses and other current assets 175,722 160,714
Total current assets 1,032,777 1,408,272
Restricted cash 72,174 97,095
Restricted investments 59,014 57,516
Property and equipment, net 5,721,949 5,284,506
Operating lease right-of-use assets 160,567 170,923
Goodwill 6,187,643 5,726,650
Intangible assets, net 1,350,597 1,155,079
Other assets, net 115,203 92,323
Total assets 14,699,924 13,992,364
Current liabilities:    
Accounts payable 392,868 290,820
Book overdraft 16,721 17,079
Accrued liabilities 442,596 404,923
Current portion of operating lease liabilities 38,017 30,671
Current portion of contingent consideration 62,804 43,297
Deferred revenue 273,720 233,596
Current portion of long-term debt and notes payable 6,020 8,268
Total current liabilities 1,232,746 1,028,654
Long-term portion of debt and notes payable 5,040,500 4,708,678
Long-term portion of operating lease liabilities 129,628 147,223
Long-term portion of contingent consideration 31,504 28,439
Deferred income taxes 850,921 760,044
Other long-term liabilities 421,080 455,888
Total liabilities 7,706,379 7,128,926
Commitments and contingencies (Note 12)
Equity:    
Common shares: 260,283,158 shares issued and 260,212,496 shares outstanding at December 31, 2021; 262,899,174 shares issued and 262,824,990 shares outstanding at December 31, 2020 3,693,027 4,030,368
Additional paid-in capital 199,482 170,555
Accumulated other comprehensive loss 39,584 (651)
Treasury shares: 70,662 and 74,184 shares at December 31, 2021 and 2020, respectively
Retained earnings 3,056,845 2,659,001
Total Waste Connections' equity 6,988,938 6,859,273
Noncontrolling interest in subsidiaries 4,607 4,165
Total equity 6,993,545 6,863,438
Total liabilities and shareholders' equity $ 14,699,924 $ 13,992,364