Company: WCN
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0001558370-25-005319
Chunk: 0

Company: Waste Connections, Inc.
Filing Date: 2025-04-24
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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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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​​​​​​​​​March 31, ​December 31, ​    2025    2024ASSETS ​   ​  Current assets: ​   ​  Cash and equivalents​$ 111,226​$ 62,366Accounts receivable, net of allowance for credit losses of $25,280 and $25,730 at March 31, 2025 and December 31, 2024, respectively​  952,010​  935,027Prepaid expenses and other current assets​  217,802​  229,519Total current assets​  1,281,038​  1,226,912​​​​​​​Restricted cash​​ 138,220​​ 135,807Restricted investments​  74,160​  78,126Property and equipment, net​  8,222,980​  8,035,929Operating lease right-of-use assets​​ 311,563​​ 308,198Goodwill​  8,055,979​  7,950,406Intangible assets, net​  2,067,264​  1,991,619Other assets, net​  103,293​  90,812Total assets​$ 20,254,497​$ 19,817,809LIABILITIES AND EQUITY​   ​   Current liabilities:​   ​   Accounts payable​$ 625,582​$ 637,371Book overdraft​  14,518​  14,628Deferred revenue​  404,382​  382,501Accrued liabilities​​ 690,222​  736,824Current portion of operating lease liabilities​  39,857​​ 40,490Current portion of contingent consideration​  47,261​  59,169Current portion of long-term debt and notes payable​  7,657​  7,851Total current liabilities​  1,829,479​  1,878,834​​​​​​​Long-term portion of debt and notes payable​  8,388,364​  8,