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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 582.5 $ 302.3
Accounts receivable, net 1,812.6 2,306.4
Inventories 359.1 437.6
Prepaid expenses 57.9 76.9
Short-term derivative assets, net 227.2 303.6
Other current assets 209.8 246.6
Current assets held for sale 5.5  
Total current assets 3,254.6 3,673.4
Property and equipment, net 225.6 203.4
Goodwill 675.8 653.3
Identifiable intangible and other non-current assets 356.9 350.9
Non-current assets held for sale 36.5  
Total assets 4,549.4 4,881.0
Current liabilities:    
Short-term debt 25.5 17.9
Accounts payable 1,349.6 1,850.1
Customer deposits 118.3 138.8
Accrued expenses and other current liabilities 263.8 232.5
Current liabilities held for sale 5.6  
Total current liabilities 1,762.8 2,239.3
Long-term debt 746.7 672.0
Non-current income tax liabilities, net 87.7 85.5
Other long-term liabilities 25.8 19.3
Non-current liabilities held for sale 5.0  
Total liabilities $ 2,628.0 $ 3,016.1
Commitments and contingencies
World Fuel shareholders' equity:    
Preferred stock, $1.00 par value; 100 shares authorized, none issued
Common stock, $0.01 par value; 100,000 shares authorized, 70,788 and 72,082 shares issued and outstanding as of December 31, 2015 and 2014 respectively $ 0.7 $ 0.7
Capital in excess of par value 435.3 496.4
Retained earnings 1,588.6 1,418.5
Accumulated other comprehensive loss (113.2) (60.2)
Total World Fuel shareholders' equity 1,911.4 1,855.4
Noncontrolling interest equity 10.0 9.5
Total equity 1,921.4 1,864.9
Total liabilities and equity $ 4,549.4 $ 4,881.0