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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 35.3 $ 56.0
Accounts receivable, less allowance for doubtful accounts of $44.7 in 2023 and $53.3 in 2022 553.9 414.5
Prepaid expenses 31.6 33.2
Other current assets 50.7 55.0
Total Current Assets 671.5 558.7
Property, plant and equipment, less accumulated depreciation of $675.4 in 2023 and $657.7 in 2022 708.3 715.7
Operating lease right-of-use assets 464.3 398.9
Goodwill 2,755.6 2,784.9
Intangible assets, less accumulated amortization of $925.8 in 2023 and $823.3 in 2022 686.5 811.1
Other assets 66.4 64.8
Total Assets 5,352.6 5,334.1
Current Liabilities:    
Current portion of long-term debt 19.6 22.3
Bank overdraft 1.0 2.9
Accounts payable 212.1 213.5
Accrued liabilities 259.5 244.1
Operating lease liabilities 105.4 91.2
Deferred revenues 72.6 7.9
Other current liabilities 47.8 40.0
Total Current Liabilities 718.0 621.9
Long-term debt, net 1,277.8 1,484.0
Long-term operating lease liabilities 378.9 329.0
Deferred income taxes 420.5 427.0
Long-term tax payable 6.4 11.8
Other liabilities 28.1 35.9
Total Liabilities 2,829.7 2,909.6
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 2023 and 2022 0.0 0.0
Common stock (par value $0.01 per share, 120.0 shares authorized, 92.6 and 92.2 issued and outstanding in 2023 and 2022, respectively) 0.9 0.9
Additional paid-in capital 1,316.7 1,285.4
Retained earnings 1,389.4 1,410.8
Accumulated other comprehensive loss (184.5) (276.9)
Total Stericycle, Inc.’s Equity 2,522.5 2,420.2
Noncontrolling interests 0.4 4.3
Total Equity 2,522.9 2,424.5
Total Liabilities and Equity $ 5,352.6 $ 5,334.1