Company: WCN
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0001104659-25-101349
Chunk: 2

Company: Waste Connections, Inc.
Filing Date: 2025-10-22
Form: 10-Q
Item: Part I, Item 1F
Chunk 2
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Item 1. Financial Statements

WASTE CONNECTIONS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands of U.S. dollars, except share and per share amounts)

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​​​​​​​​​September 30, ​December 31, ​    2025    2024ASSETS ​   ​  Current assets: ​   ​  Cash and equivalents​$ 117,596​$ 62,366Accounts receivable, net of allowance for credit losses of $22,843 and $25,730 at September 30, 2025 and December 31, 2024, respectively​  1,069,645​  935,027Prepaid expenses and other current assets​  216,399​  229,519Total current assets​  1,403,640​  1,226,912​​​​​​​Restricted cash​​ 172,989​​ 135,807Restricted investments​  80,002​  78,126Property and equipment, net​  8,422,847​  8,035,929Operating lease right-of-use assets​​ 316,106​​ 308,198Goodwill​  8,275,386​  7,950,406Intangible assets, net​  2,003,600​  1,991,619Other assets, net​  107,925​  90,812Total assets​$ 20,782,495​$ 19,817,809LIABILITIES AND EQUITY​   ​   Current liabilities:​   ​   Accounts payable​$ 759,271​$ 637,371Book overdraft​  14,292​  14,628Deferred revenue​  411,579​  382,501Accrued liabilities​​ 762,137​  736,824Current portion of operating lease liabilities​  42,681​​ 40,490Current portion of contingent consideration​  89,044​  59,169Current portion of long-term debt and notes payable​  8,619​  7,851Total current liabilities​  2,087,623​  1,878,834​​​​​​​Long-term portion of debt and notes payable​  8,621,371​