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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 541.6 $ 258.1
Accounts receivable, net of allowance for credit losses of $22.9 and $20.4, respectively 4,474.8 4,499.4
Merchandise inventory 1,020.1 927.6
Miscellaneous receivables 463.7 435.5
Prepaid expenses and other 539.6 357.5
Total current assets 7,039.8 6,478.1
Operating lease right-of-use assets 154.5 155.6
Property and equipment, net 194.7 195.8
Goodwill 4,369.6 4,382.9
Other intangible assets, net 1,556.6 1,628.1
Other assets 337.9 358.9
Total Assets 13,653.1 13,199.4
Current liabilities:    
Accounts payable-trade 3,315.6 3,114.2
Accounts payable-inventory financing 453.1 448.3
Current maturities of long-term debt 105.5 102.7
Contract liabilities 431.3 402.9
Accrued expenses and other current liabilities:    
Compensation 381.1 361.7
Advertising 171.1 145.5
Sales and income taxes 70.7 65.9
Other 487.2 454.8
Total current liabilities 5,415.6 5,096.0
Long-term liabilities:    
Debt 6,481.4 6,755.8
Deferred income taxes 214.9 222.3
Operating lease liabilities 179.3 184.2
Other liabilities 255.7 235.4
Total long-term liabilities 7,131.3 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; 135.2 and 134.8 shares outstanding, respectively 1.4 1.3
Paid-in capital 3,441.8 3,369.5
Accumulated deficit (2,197.7) (2,570.7)
Accumulated other comprehensive loss (139.3) (94.4)
Total stockholders’ equity 1,106.2 705.7
Total Liabilities and Stockholders’ Equity $ 13,653.1 $ 13,199.4