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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 56.0 $ 55.6
Accounts receivable, less allowance for doubtful accounts of $53.3 in 2022 and $43.3 in 2021 414.5 420.4
Prepaid expenses 33.2 45.6
Other current assets 55.0 53.9
Total Current Assets 558.7 575.5
Property, plant and equipment, less accumulated depreciation of $657.7 in 2022 and $658.5 in 2021 715.7 711.0
Operating lease right-of-use assets 398.9 344.8
Goodwill 2,784.9 2,815.7
Intangible assets, less accumulated amortization of $823.3 in 2022 and $736.6 in 2021 811.1 964.5
Other assets 64.8 61.6
Total Assets 5,334.1 5,473.1
Current Liabilities:    
Current portion of long-term debt 22.3 19.9
Bank overdrafts 2.9 1.6
Accounts payable 213.5 218.9
Accrued liabilities 244.1 359.6
Operating lease liabilities 91.2 85.5
Other current liabilities 47.9 46.2
Total Current Liabilities 621.9 731.7
Long-term debt, net 1,484.0 1,589.8
Long-term operating lease liabilities 329.0 279.8
Deferred income taxes 427.0 411.0
Long-term tax payable 11.8 19.1
Other liabilities 35.9 38.9
Total Liabilities 2,909.6 3,070.3
Commitments and contingencies
EQUITY    
Preferred stock (par value $0.01 per share, 1.0 shares authorized), mandatory convertible preferred stock, Series A, none issued and outstanding in 2022 and 2021 0.0 0.0
Common stock (par value $0.01 per share, 120.0 shares authorized, 92.2 and 91.9 issued and outstanding in 2022 and 2021, respectively) 0.9 0.9
Additional paid-in capital 1,285.4 1,261.8
Retained earnings 1,410.8 1,354.8
Accumulated other comprehensive loss (276.9) (218.8)
Total Stericycle, Inc.’s Equity 2,420.2 2,398.7
Noncontrolling interests 4.3 4.1
Total Equity 2,424.5 2,402.8
Total Liabilities and Equity $ 5,334.1 $ 5,473.1