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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and equivalents $ 78,637 $ 147,441
Accounts receivable, net of allowance for credit losses of $20,512 and $18,480 at December 31, 2022 and 2021, respectively 833,862 709,614
Prepaid expenses and other current assets 205,146 175,722
Total current assets 1,117,645 1,032,777
Restricted cash 102,727 72,174
Restricted investments 68,099 59,014
Property and equipment, net 6,950,915 5,721,949
Operating lease right-of-use assets 192,506 160,567
Goodwill 6,902,297 6,187,643
Intangible assets, net 1,673,917 1,350,597
Other assets, net 126,497 115,203
Total assets 17,134,603 14,699,924
Current liabilities:    
Accounts payable 638,728 392,868
Book overdraft 15,645 16,721
Deferred revenue 325,002 273,720
Accrued liabilities 431,247 442,596
Current portion of operating lease liabilities 35,170 38,017
Current portion of contingent consideration 60,092 62,804
Current portion of long-term debt and notes payable 6,759 6,020
Total current liabilities 1,512,643 1,232,746
Long-term debt and notes payable 6,890,149 5,040,500
Long-term portion of operating lease liabilities 165,462 129,628
Long-term portion of contingent consideration 21,323 31,504
Deferred income taxes 1,013,742 850,921
Other long-term liabilities 417,640 421,080
Total liabilities 10,020,959 7,706,379
Commitments and contingencies (Note 13)
Equity:    
Common shares: 257,211,175 shares issued and 257,145,716 shares outstanding at December 31, 2022; 260,283,158 shares issued and 260,212,496 shares outstanding at December 31, 2021 3,271,958 3,693,027
Additional paid-in capital 244,076 199,482
Accumulated other comprehensive income (56,830) 39,584
Treasury shares: 65,459 and 70,662 shares at December 31, 2022 and 2021, respectively
Retained earnings 3,649,494 3,056,845
Total Waste Connections' equity 7,108,698 6,988,938
Noncontrolling interest in subsidiaries 4,946 4,607
Total equity 7,113,644 6,993,545
Total liabilities and shareholders' equity $ 17,134,603 $ 14,699,924