XML 67 R56.htm IDEA: XBRL DOCUMENT v3.19.1
Supplemental Guarantor Information - Condensed Consolidating Balance Sheets (Details) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Current assets:        
Cash and cash equivalents $ 285.0 $ 205.8 $ 221.0 $ 144.2
Accounts receivable, net 2,725.1 2,671.2    
Merchandise inventory 590.7 454.3    
Miscellaneous receivables 353.4 316.4    
Prepaid expenses and other 178.3 149.1    
Total current assets 4,132.5 3,796.8    
Operating lease right-of-use assets 132.1 0.0    
Property and equipment, net 155.2 156.1    
Goodwill 2,528.2 2,462.8    
Other intangible assets, net 696.0 712.2    
Other assets 35.5 39.8    
Investment in and advances to subsidiaries 0.0 0.0    
Total Assets 7,679.5 7,167.7    
Current liabilities:        
Accounts payable-trade 1,745.4 1,577.1    
Accounts payable-inventory financing 500.0 429.3    
Current maturities of long-term debt 25.7 25.3    
Contract liabilities 192.1 178.3    
Accrued expenses and other current liabilities 751.8 593.1    
Total current liabilities 3,215.0 2,803.1    
Long-term liabilities:        
Debt 3,257.7 3,183.3    
Deferred income taxes 132.7 141.9    
Operating lease liabilities 93.0 0.0    
Other liabilities 53.8 64.2    
Total long-term liabilities 3,537.2 3,389.4    
Total stockholders' equity 927.3 975.2 $ 996.9 $ 985.6
Total stockholders' equity   975.2    
Total Liabilities and Stockholders' Equity 7,679.5 7,167.7    
Reportable Legal Entities        
Current assets:        
Operating lease right-of-use assets 0.0      
Consolidating Adjustments        
Current assets:        
Cash and cash equivalents (8.0) (16.9)    
Accounts receivable, net 0.0 0.0    
Merchandise inventory 0.0 0.0    
Miscellaneous receivables 0.0 0.0    
Prepaid expenses and other 0.0 0.0    
Total current assets (8.0) (16.9)    
Operating lease right-of-use assets 0.0      
Property and equipment, net 0.0 0.0    
Goodwill 0.0 0.0    
Other intangible assets, net 0.0 0.0    
Other assets (239.3) (161.2)    
Investment in and advances to subsidiaries (3,997.9) (4,002.7)    
Total Assets (4,245.2) (4,180.8)    
Current liabilities:        
Accounts payable-trade (8.0) (16.9)    
Accounts payable-inventory financing 0.0 0.0    
Current maturities of long-term debt 0.0 0.0    
Contract liabilities 0.0 0.0    
Accrued expenses and other current liabilities 0.0 0.0    
Total current liabilities (8.0) (16.9)    
Long-term liabilities:        
Debt 0.0 0.0    
Deferred income taxes (1.3) (1.4)    
Operating lease liabilities 0.0      
Other liabilities (238.0) (159.8)    
Total long-term liabilities (239.3) (161.2)    
Total stockholders' equity (3,997.9)      
Total stockholders' equity   (4,002.7)    
Total Liabilities and Stockholders' Equity (4,245.2) (4,180.8)    
Parent Guarantor | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 0.0 0.0    
Accounts receivable, net 0.0 0.0    
Merchandise inventory 0.0 0.0    
Miscellaneous receivables 0.0 0.0    
Prepaid expenses and other 0.0 0.0    
Total current assets 0.0 0.0    
Operating lease right-of-use assets 0.0      
Property and equipment, net 0.0 0.0    
Goodwill 0.0 0.0    
Other intangible assets, net 0.0 0.0    
Other assets 1.3 1.4    
Investment in and advances to subsidiaries 926.0 973.8    
Total Assets 927.3 975.2    
Current liabilities:        
Accounts payable-trade 0.0 0.0    
Accounts payable-inventory financing 0.0 0.0    
Current maturities of long-term debt 0.0 0.0    
Contract liabilities 0.0 0.0    
Accrued expenses and other current liabilities 0.0 0.0    
Total current liabilities 0.0 0.0    
Long-term liabilities:        
Debt 0.0 0.0    
Deferred income taxes 0.0 0.0    
Operating lease liabilities 0.0      
Other liabilities 0.0 0.0    
Total long-term liabilities 0.0 0.0    
Total stockholders' equity 927.3      
Total stockholders' equity   975.2    
Total Liabilities and Stockholders' Equity 927.3 975.2    
Subsidiary Issuer | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 195.2 176.0    
Accounts receivable, net 0.0 0.0    
Merchandise inventory 0.0 0.0    
Miscellaneous receivables 105.5 110.6    
Prepaid expenses and other 18.5 17.1    
Total current assets 319.2 303.7    
Operating lease right-of-use assets 22.9      
Property and equipment, net 76.5 82.3    
Goodwill 751.8 751.8    
Other intangible assets, net 245.3 252.5    
Other assets 38.7 49.8    
Investment in and advances to subsidiaries 3,071.9 3,028.9    
Total Assets 4,526.3 4,469.0    
Current liabilities:        
Accounts payable-trade 24.3 39.2    
Accounts payable-inventory financing 0.3 0.2    
Current maturities of long-term debt 14.9 14.9    
Contract liabilities 0.0 0.0    
Accrued expenses and other current liabilities 253.2 217.6    
Total current liabilities 292.7 271.9    
Long-term liabilities:        
Debt 3,194.4 3,121.3    
Deferred income taxes 50.4 55.9    
Operating lease liabilities 34.7      
Other liabilities 28.1 46.1    
Total long-term liabilities 3,307.6 3,223.3    
Total stockholders' equity 926.0      
Total stockholders' equity   973.8    
Total Liabilities and Stockholders' Equity 4,526.3 4,469.0    
Guarantor Subsidiaries | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 0.0 0.0    
Accounts receivable, net 2,283.4 2,331.2    
Merchandise inventory 516.2 387.4    
Miscellaneous receivables 230.3 187.7    
Prepaid expenses and other 99.2 93.8    
Total current assets 3,129.1 3,000.1    
Operating lease right-of-use assets 77.2      
Property and equipment, net 53.2 52.0    
Goodwill 1,437.8 1,437.8    
Other intangible assets, net 267.3 300.0    
Other assets 8.0 9.6    
Investment in and advances to subsidiaries 0.0 0.0    
Total Assets 4,972.6 4,799.5    
Current liabilities:        
Accounts payable-trade 1,452.2 1,387.9    
Accounts payable-inventory financing 474.7 406.1    
Current maturities of long-term debt 4.2 4.0    
Contract liabilities 98.2 95.6    
Accrued expenses and other current liabilities 397.0 306.7    
Total current liabilities 2,426.3 2,200.3    
Long-term liabilities:        
Debt 4.3 4.3    
Deferred income taxes 50.5 60.5    
Operating lease liabilities 30.3      
Other liabilities 2.1 5.7    
Total long-term liabilities 87.2 70.5    
Total stockholders' equity 2,459.1      
Total stockholders' equity   2,528.7    
Total Liabilities and Stockholders' Equity 4,972.6 4,799.5    
Non-Guarantor Subsidiaries | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 97.8 46.7    
Accounts receivable, net 441.7 340.0    
Merchandise inventory 74.5 66.9    
Miscellaneous receivables 17.6 18.1    
Prepaid expenses and other 60.6 38.2    
Total current assets 692.2 509.9    
Operating lease right-of-use assets 32.0      
Property and equipment, net 25.5 21.8    
Goodwill 338.6 273.2    
Other intangible assets, net 183.4 159.7    
Other assets 226.8 140.2    
Investment in and advances to subsidiaries 0.0 0.0    
Total Assets 1,498.5 1,104.8    
Current liabilities:        
Accounts payable-trade 276.9 166.9    
Accounts payable-inventory financing 25.0 23.0    
Current maturities of long-term debt 6.6 6.4    
Contract liabilities 93.9 82.7    
Accrued expenses and other current liabilities 101.6 68.8    
Total current liabilities 504.0 347.8    
Long-term liabilities:        
Debt 59.0 57.7    
Deferred income taxes 33.1 26.9    
Operating lease liabilities 28.0      
Other liabilities 261.6 172.2    
Total long-term liabilities 381.7 256.8    
Total stockholders' equity 612.8      
Total stockholders' equity   500.2    
Total Liabilities and Stockholders' Equity 1,498.5 1,104.8    
Affiliated Entity | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 0.0 0.0    
Accounts receivable, net 0.0 0.0    
Merchandise inventory 0.0 0.0    
Miscellaneous receivables 0.0 0.0    
Prepaid expenses and other 0.0 0.0    
Total current assets 0.0 0.0    
Property and equipment, net 0.0 0.0    
Goodwill 0.0 0.0    
Other intangible assets, net 0.0 0.0    
Other assets 0.0 0.0    
Investment in and advances to subsidiaries 0.0 0.0    
Total Assets 0.0 0.0    
Current liabilities:        
Accounts payable-trade 0.0 0.0    
Accounts payable-inventory financing 0.0 0.0    
Current maturities of long-term debt 0.0 0.0    
Contract liabilities 0.0 0.0    
Accrued expenses and other current liabilities 0.0 0.0    
Total current liabilities 0.0 0.0    
Long-term liabilities:        
Debt 0.0 0.0    
Deferred income taxes 0.0 0.0    
Operating lease liabilities 0.0      
Other liabilities 0.0 0.0    
Total long-term liabilities 0.0 0.0    
Total stockholders' equity 0.0      
Total stockholders' equity   0.0    
Total Liabilities and Stockholders' Equity $ 0.0 $ 0.0