# WASTE CONNECTIONS, INC. (WCN) FY2024 Q3 Statement of Cash Flows

- Company: WASTE CONNECTIONS, INC. (WCN)
- Period: 2024-07-01 to 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-10-24, accession number 0001558370-24-013554
- Page: https://plicit.ai/financials/wcn/fy2024-q3-cash-flow
- Chart image: https://plicit.ai/charts/wcn-fy2024-q3-cash-flow-sankey.png

## Chart details

Cash flows for Jul 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2024. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Jun 30, 2024**: 192,406,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 558,311,000 US dollars. Net cash provided.
- **Net income**: 308,046,000 US dollars
- **Loss (gain) from disposal of assets, impairments and other**: 2,537,000 US dollars
- **Depreciation**: 248,472,000 US dollars
- **Amortization of intangibles**: 45,170,000 US dollars
- **Deferred income taxes, net of acquisitions**: 33,678,000 US dollars
- **Current period provision for expected credit losses**: 3,925,000 US dollars
- **Amortization of debt issuance costs**: 2,014,000 US dollars
- **Share-based compensation**: 20,416,000 US dollars
- **Interest accretion**: 8,506,000 US dollars
- **Adjustments to contingent consideration**: 500,000 US dollars
- **Payment of contingent consideration recorded in earnings**: negative 35,035,000 US dollars
- **Other**: negative 3,199,000 US dollars
- **Net change in operating assets and liabilities, net of acquisitions**: negative 76,719,000 US dollars
- **Investing activities**: negative 851,706,000 US dollars. Net cash used.
- **Payments for acquisitions, net of cash acquired**: negative 574,570,000 US dollars
- **Capital expenditures for property and equipment**: negative 272,132,000 US dollars
- **Proceeds from disposal of assets**: 2,636,000 US dollars
- **Proceeds from sale of investment in noncontrolling interests**: 0 US dollars
- **Other**: negative 7,640,000 US dollars
- **Financing activities**: 338,476,000 US dollars. Net cash provided.
- **Proceeds from long-term debt**: 951,518,000 US dollars
- **Principal payments on notes payable and long-term debt**: negative 524,678,000 US dollars
- **Payment of contingent consideration recorded at acquisition date**: negative 14,129,000 US dollars
- **Change in book overdraft**: negative 1,637,000 US dollars
- **Proceeds from issuance of shares under employee share purchase plan**: 2,303,000 US dollars
- **Payments for cash dividends**: negative 73,982,000 US dollars
- **Tax withholdings related to net share settlements of equity-based compensation**: negative 939,000 US dollars
- **Debt issuance costs**: negative 892,000 US dollars
- **Proceeds from sale of common shares held in trust**: 912,000 US dollars
- **Other**: 0 US dollars
- **Operating adjustment reconciliation**: 365,218,000 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**: 954,733,000 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**: 854,342,000 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**: 1,021,000 US dollars
- **Ending cash on Sep 30, 2024**: 238,508,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 1,090,214,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 46,102,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 1.81×. 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**: 558,311,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 272,132,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 286,179,000 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 $250.27M 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: 558,311,000 US dollars minus 272,132,000 US dollars equals 286,179,000 US dollars.