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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 385.8 $ 652.2
Accounts receivable, net of allowance for credit losses of $19.1 million and $26.1 million as of June 30, 2022 and December 31, 2021, respectively 3,954.7 2,355.3
Inventories 903.8 477.9
Prepaid expenses 86.0 59.2
Short-term derivative assets, net 339.5 169.2
Other current assets 224.2 305.9
Total current assets 5,894.0 4,019.7
Property and equipment, net 476.0 348.9
Goodwill 1,233.3 861.9
Identifiable intangible assets, net 356.7 189.1
Other non-current assets 835.6 522.8
Total assets 8,795.7 5,942.4
Current liabilities:    
Current maturities of long-term debt 16.3 30.6
Accounts payable 3,936.7 2,399.6
Short-term derivative liabilities, net 431.5 168.4
Customer deposits 305.4 205.5
Accrued expenses and other current liabilities 404.7 292.7
Total current liabilities 5,094.7 3,096.7
Long-term debt 1,024.1 478.1
Non-current income tax liabilities, net 192.8 213.9
Other long-term liabilities 563.9 236.8
Total liabilities 6,875.4 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, 61.9 and 61.7 issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 0.6 0.6
Capital in excess of par value 172.8 168.1
Retained earnings 1,916.4 1,880.6
Accumulated other comprehensive income (loss) (174.0) (136.7)
Total World Fuel shareholders' equity 1,915.7 1,912.7
Noncontrolling interest 4.5 4.1
Total equity 1,920.2 1,916.8
Total liabilities and equity $ 8,795.7 $ 5,942.4