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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 186.1 $ 211.7
Accounts receivable, net 2,891.9 2,739.6
Inventories 593.3 523.1
Prepaid expenses 80.6 65.7
Short-term derivative assets, net 59.5 155.2
Other current assets 358.8 279.5
Total current assets 4,170.1 3,974.8
Property and equipment, net 360.9  
Property and equipment, net   350.3
Goodwill 843.7 852.7
Identifiable intangible and other non-current assets 617.7 499.0
Total assets 5,992.4 5,676.9
Current liabilities:    
Current maturities of long-term debt 54.1 41.1
Accounts payable 2,602.7 2,399.6
Customer deposits 126.7 118.2
Accrued expenses and other current liabilities 378.9 377.0
Total current liabilities 3,162.4 2,935.9
Long-term debt 574.7 659.9
Non-current income tax liabilities, net 210.1 194.6
Other long-term liabilities 151.3 54.9
Total liabilities 4,098.5 3,845.3
Commitments and contingencies
World Fuel shareholders' equity:    
Preferred stock, $1.00 par value; 0.1 shares authorized, none issued 0.0 0.0
Common stock, $0.01 par value; 100.0 shares authorized, 65.2 and 67.0 issued and outstanding as of December 31, 2019 and December 31, 2018, respectively 0.7 0.7
Capital in excess of par value 274.7 340.4
Retained earnings 1,761.3 1,606.1
Accumulated other comprehensive loss (146.3) (131.7)
Total World Fuel shareholders' equity 1,890.4 1,815.4
Noncontrolling interest 3.5 16.1
Total equity 1,893.9 1,831.6
Total liabilities and equity $ 5,992.4 $ 5,676.9