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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 266.2 $ 652.2
Accounts receivable, net of allowance for credit losses of $17.2 million and $26.1 million as of March 31, 2022 and December 31, 2021, respectively 3,510.2 2,355.3
Inventories 680.5 477.9
Prepaid expenses 59.3 59.2
Short-term derivative assets, net 293.8 169.2
Other current assets 215.3 305.9
Total current assets 5,025.3 4,019.7
Property and equipment, net 473.9 348.9
Goodwill 1,244.6 861.9
Identifiable intangible assets, net 369.5 189.1
Other non-current assets 854.7 522.8
Total assets 7,968.0 5,942.4
Current liabilities:    
Current maturities of long-term debt 15.0 30.6
Accounts payable 3,447.5 2,399.6
Short-term derivative liabilities, net 317.1 168.4
Customer deposits 234.9 205.5
Accrued expenses and other current liabilities 398.0 292.7
Total current liabilities 4,412.5 3,096.7
Long-term debt 869.1 478.1
Non-current income tax liabilities, net 208.4 213.9
Other long-term liabilities 532.5 236.8
Total liabilities 6,022.6 4,025.6
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, 63.0 and 61.7 issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 0.6 0.6
Capital in excess of par value 206.7 168.1
Retained earnings 1,899.4 1,880.6
Accumulated other comprehensive income (loss) (165.4) (136.7)
Total World Fuel shareholders' equity 1,941.4 1,912.7
Noncontrolling interest 4.1 4.1
Total equity 1,945.5 1,916.8
Total liabilities and equity $ 7,968.0 $ 5,942.4