Advanced Disposal Services, Inc. (ADSW) financial statements (2020 and earlier)
Company profile
| Business Address |
90 FORT WADE ROAD - SUITE 200 PONTE VEDRA, FL 32081 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 4953 - Refuse Systems (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7 | 7 | 1 | 1 | 1 | 12 | |||
| Cash and cash equivalents | 7 | 7 | 1 | 1 | 1 | 12 | |||
| Receivables | 212 | 218 | 207 | 185 | 182 | 188 | 193 | ||
| Prepaid expense | 21 | 16 | 14 | 15 | 16 | 13 | |||
| Disposal group, including discontinued operation | 3 | ||||||||
| Assets held-for-sale | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 0 | ||
| Other undisclosed current assets | 46 | 17 | 15 | 14 | 14 | 33 | 29 | ||
| Total current assets: | 258 | 263 | 245 | 215 | 212 | 238 | 251 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,773 | 1,761 | 1,729 | 1,633 | 1,650 | 1,664 | 1,667 | ||
| Intangible assets, net (including goodwill) | 1,466 | 1,472 | 1,497 | 1,499 | 1,538 | 1,547 | 1,585 | ||
| Goodwill | 1,225 | 1,215 | 1,208 | 1,174 | 1,174 | 1,167 | 1,166 | ||
| Intangible assets, net (excluding goodwill) | 241 | 257 | 289 | 325 | 365 | 380 | 419 | ||
| Restricted cash and investments | 0 | 2 | |||||||
| Other noncurrent assets | 51 | 32 | 23 | 23 | 23 | 101 | 121 | ||
| Assets held-for-sale, long lived | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2 | ||
| Other undisclosed noncurrent assets | (2) | ||||||||
| Total noncurrent assets: | 3,290 | 3,265 | 3,249 | 3,155 | 3,211 | 3,312 | 3,376 | ||
| TOTAL ASSETS: | 3,548 | 3,528 | 3,493 | 3,370 | 3,422 | 3,550 | 3,627 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 250 | 226 | 205 | 196 | 234 | 225 | 201 | ||
| Accounts payable | 115 | 108 | 92 | 87 | 98 | 95 | 84 | ||
| Accrued liabilities | 135 | 118 | 113 | 110 | 136 | 131 | 118 | ||
| Deferred revenue | 70 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 73 | 86 | 74 | 37 | 49 | 25 | 29 | ||
| Asset retirement obligation | 29 | 29 | |||||||
| Accrued capping, closure, post-closure and environmental costs | 27 | 19 | 20 | 29 | 30 | 29 | 29 | ||
| Disposal group, including discontinued operation | 2 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | 69 | 63 | 63 | 60 | 60 | ||
| Contract with customer, liability | ✕ | 73 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | (29) | (29) | |||||||
| Total current liabilities: | 421 | 403 | 369 | 325 | 376 | 340 | 321 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 1,801 | 1,817 | 1,884 | 1,887 | 2,198 | 2,278 | 2,303 | ||
| Finance lease, liability | 28 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, liability | 21 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 1,752 | 1,817 | 1,884 | 1,887 | 2,198 | 2,278 | 2,303 | ||
| Liabilities, other than long-term debt | 405 | 306 | 267 | 329 | 358 | 403 | 451 | ||
| Asset retirement obligations | 231 | 229 | 206 | 162 | 164 | 172 | 156 | ||
| Deferred tax liabilities, net | ✕ | 113 | 139 | 170 | 248 | ||||
| Deferred income tax liabilities | 89 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 85 | 77 | 62 | 54 | 56 | 61 | 48 | ||
| Other undisclosed noncurrent liabilities | 91 | 89 | |||||||
| Total noncurrent liabilities: | 2,206 | 2,214 | 2,240 | 2,216 | 2,556 | 2,681 | 2,754 | ||
| Total liabilities: | 2,627 | 2,617 | 2,609 | 2,540 | 2,933 | 3,021 | 3,075 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 922 | 912 | 885 | 830 | 490 | 529 | 552 | ||
| Common stock | 1 | 1 | 1 | 1 | |||||
| Treasury stock, value | (1) | ||||||||
| Additional paid in capital | 1,520 | 1,502 | 1,487 | 1,470 | 1,101 | 1,105 | 1,110 | ||
| Accumulated other comprehensive income (loss) | (3) | (0) | 2 | 3 | |||||
| Accumulated deficit | (595) | (591) | (603) | (642) | (611) | (578) | (561) | ||
| Total stockholders' equity: | 922 | 912 | 885 | 830 | 490 | 529 | 552 | ||
| TOTAL LIABILITIES AND EQUITY: | 3,548 | 3,528 | 3,493 | 3,370 | 3,422 | 3,550 | 3,627 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,617 | 1,558 | 1,508 | 1,405 | 1,396 | 1,403 | 1,319 | |
| Revenue, net | ✕ | ✕ | 1,508 | 1,405 | 1,396 | 1,403 | 1,319 | |
| Cost of revenue (Cost of Goods and Services Sold) | (231) | (228) | (204) | (216) | (229) | (237) | ||
| Other undisclosed gross profit | (231) | |||||||
| Gross profit: | 1,386 | 1,327 | 1,279 | 1,200 | 1,180 | 1,174 | 1,082 | |
| Operating expenses | (1,532) | (1,457) | (1,418) | (1,273) | (1,301) | (1,334) | (1,297) | |
| Other operating income, net (Other Expenses) | 0 | |||||||
| Other undisclosed operating income | 231 | 231 | 228 | 204 | 216 | 229 | 236 | |
| Operating income: | 85 | 102 | 90 | 132 | 95 | 69 | 22 | |
| Nonoperating expense | (105) | (88) | (93) | (188) | (148) | (167) | (163) | |
| Other nonoperating income (expense) | (2) | 9 | 4 | 7 | (10) | (26) | 0 | |
| Interest and debt expense | (7) | (1) | (4) | (65) | 3 | (142) | (163) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (27) | 13 | (7) | (121) | (51) | (240) | (304) | |
| Income from equity method investments | 1 | 1 | 2 | 2 | 1 | 0 | 0 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 6 | (0) | 2 | 63 | (4) | 141 | 163 | |
| Income (loss) from continuing operations before income taxes: | (20) | 14 | (3) | (56) | (53) | (98) | (141) | |
| Income tax expense (benefit) | 19 | (5) | 41 | 26 | 19 | 81 | 45 | |
| Income (loss) from continuing operations: | (1) | 9 | 38 | (30) | (34) | (17) | (95) | |
| Income (loss) from discontinued operations | 0 | (23) | ||||||
| Net income (loss) available to common stockholders, diluted: | (1) | 9 | 38 | (30) | (34) | (17) | (118) | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1) | 9 | 38 | (30) | (34) | (17) | (118) | |
| Other comprehensive income (loss) | (2) | (0) | (2) | (1) | 5 | |||
| Other undisclosed comprehensive loss | (4) | |||||||
| Comprehensive income (loss): | (6) | 9 | 38 | (30) | (35) | (18) | (113) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (2) | 0 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (8) | 10 | 38 | (30) | (35) | (18) | (113) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.