REPUBLIC SERVICES, INC. (RSG) FY2024 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-12-31

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REPUBLIC SERVICES, INC. cash flow reconciliation, Jan 1, 2024 through Dec 31, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $2,044,000,000.00Depreciation, depletion, amortization and accretion → Operating adjustments reconciliation: $1,784,000,000.00Loss from unconsolidated equity method investments → Operating adjustments reconciliation: $255,000,000.00Deferred tax provision (benefit) → Operating adjustments reconciliation: $87,000,000.00Non-cash interest expense → Operating adjustments reconciliation: $71,000,000.00Stock-based compensation → Operating adjustments reconciliation: $42,000,000.00Provision for doubtful accounts, net of adjustments → Operating adjustments reconciliation: $27,000,000.00Payments from retirement of certain hedging relationships → Operating adjustments reconciliation: $24,000,000.00Other liabilities → Operating adjustments reconciliation: $14,000,000.00Environmental adjustments → Operating adjustments reconciliation: $7,000,000.00Loss on extinguishment of debt → Operating adjustments reconciliation: $2,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $1,892,000,000.00Operating adjustments reconciliation → Prepaid expenses and other assets: $171,000,000.00Operating adjustments reconciliation → Accounts receivable: $76,000,000.00Operating adjustments reconciliation → Remediation expenditures: $62,000,000.00Operating adjustments reconciliation → Capping, closure and post-closure expenditures: $56,000,000.00Operating adjustments reconciliation → Accounts payable: $27,000,000.00Operating adjustments reconciliation → (Gain) loss on disposition of assets and asset impairments, net: $19,000,000.00Operating adjustments reconciliation → Other non-cash items: $10,000,000.00Proceeds from sales of property and equipment → investing reconciliation: $47,000,000.00Sales of restricted marketable securities → investing reconciliation: $24,000,000.00Cash received from business divestitures → investing reconciliation: $2,000,000.00investing reconciliation → Purchases of property and equipment: $1,855,000,000.00investing reconciliation → Cash used in acquisitions and investments, net of cash and restricted cash acquired: $753,000,000.00investing reconciliation → Purchases of restricted marketable securities: $26,000,000.00Net cash used in financing activities → financing reconciliation: $1,398,000,000.00Proceeds from credit facilities and notes payable, net of fees → financing reconciliation: $24,020,000,000.00Proceeds from issuance of senior notes, net of discount and fees → financing reconciliation: $889,000,000.00financing reconciliation → Payments of credit facilities and notes payable: $25,109,000,000.00financing reconciliation → Cash dividends paid: $687,000,000.00financing reconciliation → Purchases of common stock for treasury: $482,000,000.00financing reconciliation → Contingent consideration payments: $15,000,000.00financing reconciliation → Issuances of common stock, net: $14,000,000.00Net cash used in investing activities → investing reconciliation: $2,561,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $228,000,000.00Net cash from operating activities → Cash sources and uses: $3,936,000,000.00Cash sources and uses → Exchange-rate effect: $2,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $203,000,000.00Cash sources and uses → Net cash used in investing activities: $2,561,000,000.00Cash sources and uses → Net cash used in financing activities: $1,398,000,000.00Capping, closure and post-closure expenditures: -$56,000,000.00Asset retirement settlements−$56.00 M(Gain) loss on disposition of assets and asset impairments, net: -$19,000,000.00Asset sales & impairments−$19.00 MLoss on extinguishment of debt: $2,000,000.00Debt extinguishment gain & loss+$2.00 MNet income: $2,044,000,000.00Net income+$2.04 BPayments from retirement of certain hedging relationships: $24,000,000.00Payments from retirement of certain hedgingrelationships+$24.00 MProvision for doubtful accounts, net of adjustments: $27,000,000.00Credit loss provision+$27.00 MStock-based compensation: $42,000,000.00Stock-based compensation+$42.00 MOther liabilities: $14,000,000.00Other operating liabilities+$14.00 MPrepaid expenses and other assets: -$171,000,000.00Prepaid & other assets−$171.00 MLoss from unconsolidated equity method investments: $255,000,000.00Equity-method results+$255.00 MRemediation expenditures: -$62,000,000.00Environmental payments, net−$62.00 MDeferred tax provision (benefit): $87,000,000.00Deferred income taxes+$87.00 MDepreciation, depletion, amortization and accretion: $1,784,000,000.00Depreciation, depletion & amort.+$1.78 BNon-cash interest expense: $71,000,000.00Accretion expense+$71.00 MOther non-cash items: -$10,000,000.00Other non-cash items−$10.00 MAccounts receivable: -$76,000,000.00Accounts receivable−$76.00 MEnvironmental adjustments: $7,000,000.00Environmental liabilities, net+$7.00 MAccounts payable: -$27,000,000.00Accounts payable−$27.00 MNet cash from operating activities: $3,936,000,000.00Operating cash+$3.94 BOperating adjustments reconciliation: $2,313,000,000.00Payments of credit facilities and notes payable: -$25,109,000,000.00Debt & capital securities repaid−$25.11 BPurchases of common stock for treasury: -$482,000,000.00Common stock repurchases−$482.00 MDistributions paid to non-controlling interests in consolidated subsidiary: $0.00Proceeds from credit facilities and notes payable, net of fees: $24,020,000,000.00Other long-term debt issued+$24.02 BContingent consideration payments: -$15,000,000.00Contingent consideration paid−$15.00 MIssuances of common stock, net: -$14,000,000.00Financing & issuance costs−$14.00 MProceeds from issuance of senior notes, net of discount and fees: $889,000,000.00Senior debt issued+$889.00 MCash dividends paid: -$687,000,000.00Common dividends paid−$687.00 MNet cash used in financing activities: -$1,398,000,000.00. Cash required to fund net payments.Financing cash−$1.40 Bfinancing reconciliation: $26,307,000,000.00Purchases of restricted marketable securities: -$26,000,000.00Restricted investment purchases−$26.00 MSales of restricted marketable securities: $24,000,000.00Restricted investments sold+$24.00 MProceeds from sales of property and equipment: $47,000,000.00PP&E sales+$47.00 MOther: $0.00Purchases of property and equipment: -$1,855,000,000.00PP&E purchases−$1.86 BCash received from business divestitures: $2,000,000.00Business sales, net of cash+$2.00 MCash used in acquisitions and investments, net of cash and restricted cash acquired: -$753,000,000.00Acquisitions, net of cash−$753.00 MNet cash used in investing activities: -$2,561,000,000.00. Cash required to fund net payments.Investing cash−$2.56 Binvesting reconciliation: $2,634,000,000.00Cash sources and uses: $4,164,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $228,000,000.00Beginning cash$228.00 MEnding cash: Cash, cash equivalents, and restricted cash: $203,000,000.00Ending cash$203.00 MExchange-rate effect: -$2,000,000.00FX effect−$2.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$2.08 BOperating cash − cash spent on PP&ECash flow / Net income1.93×Operating cash flow ÷ net incomeNet cash change−$25.00 MEnding cash − beginning cash
Chart details

REPUBLIC SERVICES, INC. cash flow reconciliation, Jan 1, 2024 through Dec 31, 2024

Cash flows for Jan 1, 2024 through Dec 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Dec 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
228,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
3,936,000,000 US dollars. Net cash provided.
Capping, closure and post-closure expenditures
negative 56,000,000 US dollars
(Gain) loss on disposition of assets and asset impairments, net
negative 19,000,000 US dollars
Loss on extinguishment of debt
2,000,000 US dollars
Net income
2,044,000,000 US dollars
Payments from retirement of certain hedging relationships
24,000,000 US dollars
Provision for doubtful accounts, net of adjustments
27,000,000 US dollars
Stock-based compensation
42,000,000 US dollars
Other liabilities
14,000,000 US dollars
Prepaid expenses and other assets
negative 171,000,000 US dollars
Loss from unconsolidated equity method investments
255,000,000 US dollars
Remediation expenditures
negative 62,000,000 US dollars
Deferred tax provision (benefit)
87,000,000 US dollars
Depreciation, depletion, amortization and accretion
1,784,000,000 US dollars
Non-cash interest expense
71,000,000 US dollars
Other non-cash items
negative 10,000,000 US dollars
Accounts receivable
negative 76,000,000 US dollars
Environmental adjustments
7,000,000 US dollars
Accounts payable
negative 27,000,000 US dollars
Investing activities
negative 2,561,000,000 US dollars. Net cash used.
Purchases of restricted marketable securities
negative 26,000,000 US dollars
Sales of restricted marketable securities
24,000,000 US dollars
Proceeds from sales of property and equipment
47,000,000 US dollars
Other
0 US dollars
Purchases of property and equipment
negative 1,855,000,000 US dollars
Cash received from business divestitures
2,000,000 US dollars
Cash used in acquisitions and investments, net of cash and restricted cash acquired
negative 753,000,000 US dollars
Financing activities
negative 1,398,000,000 US dollars. Net cash used.
Payments of credit facilities and notes payable
negative 25,109,000,000 US dollars
Purchases of common stock for treasury
negative 482,000,000 US dollars
Distributions paid to non-controlling interests in consolidated subsidiary
0 US dollars
Proceeds from credit facilities and notes payable, net of fees
24,020,000,000 US dollars
Contingent consideration payments
negative 15,000,000 US dollars
Issuances of common stock, net
negative 14,000,000 US dollars
Proceeds from issuance of senior notes, net of discount and fees
889,000,000 US dollars
Cash dividends paid
negative 687,000,000 US dollars
Operating adjustment reconciliation
2,313,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
26,307,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
2,634,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 2,000,000 US dollars
Ending cash on Dec 31, 2024
203,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
4,164,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 25,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.93×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
3,936,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,855,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
2,081,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $1.89B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 3,936,000,000 US dollars minus 1,855,000,000 US dollars equals 2,081,000,000 US dollars.
REPUBLIC SERVICES, INC. (RSG) FY2024 Annual Statement of Cash Flows Sankey chart
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