Consolidated Balance Sheets - USD ($)
$ in Millions |
Mar. 31, 2018 |
Dec. 31, 2017 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 152.9
|
$ 372.3
|
| Accounts receivable, net |
2,666.3
|
2,705.6
|
| Inventories |
590.2
|
505.0
|
| Prepaid expenses |
58.0
|
64.4
|
| Short-term derivative assets, net |
53.0
|
51.1
|
| Other current assets |
250.3
|
241.9
|
| Total current assets |
3,770.7
|
3,940.4
|
| Property and equipment, net |
335.4
|
329.8
|
| Goodwill |
866.9
|
845.5
|
| Identifiable intangible and other non-current assets |
499.2
|
472.1
|
| Total assets |
5,472.1
|
5,587.8
|
| Current liabilities: |
|
|
| Current maturities of long-term debt and capital leases |
33.6
|
25.6
|
| Accounts payable |
2,197.7
|
2,239.7
|
| Customer deposits |
104.2
|
108.3
|
| Accrued expenses and other current liabilities |
334.7
|
344.9
|
| Total current liabilities |
2,670.1
|
2,718.6
|
| Long-term debt |
800.8
|
884.6
|
| Non-current income tax liabilities, net |
178.5
|
202.4
|
| Other long-term liabilities |
51.5
|
44.2
|
| Total liabilities |
3,701.1
|
3,849.8
|
| Commitments and contingencies |
|
|
| World Fuel shareholders' equity: |
|
|
| Preferred stock, $1.00 par value; 0.1 shares authorized, none issued |
0.0
|
0.0
|
| Common stock, $0.01 par value; 100.0 shares authorized, 67.7 issued and outstanding as of March 31, 2018 and December 31, 2017, respectively |
0.7
|
0.7
|
| Capital in excess of par value |
358.6
|
354.9
|
| Retained earnings |
1,521.6
|
1,492.8
|
| Accumulated other comprehensive loss |
(125.7)
|
(126.5)
|
| Total World Fuel shareholders' equity |
1,755.2
|
1,721.9
|
| Noncontrolling interest |
15.9
|
16.0
|
| Total equity |
1,771.0
|
1,738.0
|
| Total liabilities and equity |
$ 5,472.1
|
$ 5,587.8
|