XML 34 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 503.5 $ 588.7
Short-term investments 214.2 0.0
Accounts receivable, net of allowance for credit losses of $43.3 and $28.8, respectively 5,135.8 4,567.5
Merchandise inventory 605.3 668.1
Miscellaneous receivables 509.9 470.5
Prepaid expenses and other 404.4 410.2
Total current assets 7,373.1 6,705.0
Operating lease right-of-use assets 120.2 128.8
Property and equipment, net 192.0 195.5
Goodwill 4,620.4 4,413.4
Other intangible assets, net 1,356.6 1,369.7
Accounts receivable and other assets, noncurrent 1,016.1 472.2
Total Assets 14,678.4 13,284.6
Current liabilities:    
Accounts payable-trade 3,381.3 2,881.0
Accounts payable-inventory financing 355.2 430.9
Current maturities of long-term debt 235.8 613.1
Contract liabilities 491.0 487.4
Accrued expenses and other current liabilities:    
Compensation 275.8 303.0
Advertising 137.7 119.9
Sales and income taxes 61.6 52.4
Other 536.0 554.3
Total current liabilities 5,474.4 5,442.0
Long-term liabilities:    
Debt 5,607.0 5,031.8
Deferred income taxes 167.4 171.4
Operating lease liabilities 149.1 164.0
Accounts payable and other liabilities 927.8 432.9
Total long-term liabilities 6,851.3 5,800.1
Commitments and contingencies (Note 16)
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; 132.6 and 134.1 shares outstanding, respectively 1.3 1.3
Paid-in capital 3,834.4 3,691.3
Accumulated deficit (1,322.9) (1,525.5)
Accumulated other comprehensive loss (160.1) (124.6)
Total stockholders’ equity 2,352.7 2,042.5
Total Liabilities and Stockholders’ Equity $ 14,678.4 $ 13,284.6