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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and equivalents $ 91,712 $ 78,637
Accounts receivable, net of allowance for credit losses of $22,710 and $22,939 at June 30, 2023 and December 31, 2022, respectively 855,479 833,862
Prepaid expenses and other current assets 164,485 205,146
Total current assets 1,111,676 1,117,645
Restricted cash 112,623 102,727
Restricted investments 73,075 68,099
Property and equipment, net 7,030,118 6,950,915
Operating lease right-of-use assets 248,967 192,506
Goodwill 6,992,466 6,902,297
Intangible assets, net 1,659,645 1,673,917
Other assets, net 130,957 126,497
Total assets 17,359,527 17,134,603
Current liabilities:    
Accounts payable 539,216 638,728
Book overdraft 15,411 15,645
Deferred revenue 341,408 325,002
Accrued liabilities 452,949 431,247
Current portion of operating lease liabilities 32,747 35,170
Current portion of contingent consideration 71,065 60,092
Current portion of long-term debt and notes payable 10,699 6,759
Total current liabilities 1,463,495 1,512,643
Long-term portion of debt and notes payable 6,681,384 6,890,149
Long-term portion of operating lease liabilities 224,566 165,462
Long-term portion of contingent consideration 21,344 21,323
Deferred income taxes 1,048,986 1,013,742
Other long-term liabilities 460,295 417,640
Total liabilities 9,900,070 10,020,959
Commitments and contingencies (Note 18)
Equity:    
Common shares: 257,614,671 shares issued and 257,555,015 shares outstanding at June 30, 2023; 257,211,175 shares issued and 257,145,716 shares outstanding at December 31, 2022 3,274,564 3,271,958
Additional paid-in capital 255,667 244,076
Accumulated other comprehensive income (loss) (1,081) (56,830)
Treasury shares: 59,656 and 65,459 shares at June 30, 2023 and December 31, 2022, respectively
Retained earnings 3,925,376 3,649,494
Total Waste Connections' equity 7,454,526 7,108,698
Noncontrolling interest in subsidiaries 4,931 4,946
Total equity 7,459,457 7,113,644
Total liabilities and equity $ 17,359,527 $ 17,134,603