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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 796.0 $ 658.8
Accounts receivable, net of allowance for credit losses of $25.4 million and $53.8 million as of September 30, 2021 and December 31, 2020, respectively 2,032.5 1,238.4
Inventories 439.3 344.3
Prepaid expenses 76.1 51.1
Short-term derivative assets, net 121.8 66.4
Other current assets 227.6 280.4
Total current assets 3,693.2 2,639.3
Property and equipment, net 334.3 342.6
Goodwill 854.7 858.6
Identifiable intangible and other non-current assets 662.1 659.8
Total assets 5,544.3 4,500.3
Current liabilities:    
Current maturities of long-term debt 30.1 22.9
Accounts payable 2,024.3 1,214.7
Short-term derivative liabilities, net 211.1 50.9
Customer deposits 163.3 155.8
Accrued expenses and other current liabilities 267.6 239.8
Total current liabilities 2,696.5 1,684.0
Long-term debt 484.2 501.8
Non-current income tax liabilities, net 208.2 215.5
Other long-term liabilities 231.7 186.1
Total liabilities 3,620.5 2,587.4
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, 62.6 and 62.9 issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 0.6 0.6
Capital in excess of par value 190.2 204.6
Retained earnings 1,872.6 1,836.7
Accumulated other comprehensive income (loss) (143.6) (132.6)
Total World Fuel shareholders' equity 1,919.7 1,909.3
Noncontrolling interest 4.1 3.6
Total equity 1,923.8 1,912.9
Total liabilities and equity $ 5,544.3 $ 4,500.3