XML 19 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 386.9 $ 258.1
Accounts receivable, net of allowance for credit losses of $22.0 and $20.4, respectively 4,613.5 4,499.4
Merchandise inventory 1,054.6 927.6
Miscellaneous receivables 449.8 435.5
Prepaid expenses and other 366.0 357.5
Total current assets 6,870.8 6,478.1
Operating lease right-of-use assets 164.0 155.6
Property and equipment, net 195.6 195.8
Goodwill 4,376.5 4,382.9
Other intangible assets, net 1,584.6 1,628.1
Other assets 322.3 358.9
Total Assets 13,513.8 13,199.4
Current liabilities:    
Accounts payable-trade 3,198.3 3,114.2
Accounts payable-inventory financing 564.9 448.3
Current maturities of long-term debt 83.9 102.7
Contract liabilities 443.8 402.9
Accrued expenses and other current liabilities:    
Compensation 371.9 361.7
Advertising 162.1 145.5
Sales and income taxes 132.7 65.9
Other 507.0 454.8
Total current liabilities 5,464.6 5,096.0
Long-term liabilities:    
Debt 6,514.8 6,755.8
Deferred income taxes 219.3 222.3
Operating lease liabilities 190.6 184.2
Other liabilities 231.4 235.4
Total long-term liabilities 7,156.1 7,397.7
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, 100.0 shares authorized; no shares issued or outstanding for both periods 0.0 0.0
Common stock, $0.01 par value, 1,000.0 shares authorized; 135.1 and 134.8 shares outstanding, respectively 1.4 1.3
Paid-in capital 3,403.7 3,369.5
Accumulated deficit (2,408.9) (2,570.7)
Accumulated other comprehensive loss (103.1) (94.4)
Total stockholders’ equity 893.1 705.7
Total Liabilities and Stockholders’ Equity $ 13,513.8 $ 13,199.4