CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 216.7	$ 298.4
Accounts receivable, net of allowance for credit losses of $14.5 million and $14.1 million as of March 31, 2023 and December 31, 2022, respectively	2,997.2	3,294.1
Inventories	618.6	779.9
Prepaid expenses	81.4	83.6
Short-term derivative assets, net	244.0	302.1
Other current assets	455.9	479.9
Total current assets	4,613.8	5,238.1
Property and equipment, net	497.0	484.2
Goodwill	1,234.3	1,233.0
Identifiable intangible assets, net	327.0	336.2
Other non-current assets	813.7	873.2
Total assets	7,485.8	8,164.6
Current liabilities:
Current maturities of long-term debt	18.2	15.8
Accounts payable	3,213.2	3,529.5
Short-term derivative liabilities, net	252.8	325.2
Accrued expenses and other current liabilities	669.2	738.2
Total current liabilities	4,153.5	4,608.6
Long-term debt	708.4	829.9
Other long-term liabilities	610.0	735.3
Total liabilities	5,471.8	6,173.8
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, 62.1 and 62.0 issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	0.6	0.6
Capital in excess of par value	188.2	182.4
Retained earnings	1,976.7	1,962.5
Accumulated other comprehensive income (loss)	(157.1)	(160.6)
Total World Fuel shareholders' equity	2,008.3	1,984.9
Noncontrolling interest	5.7	5.9
Total equity	2,014.0	1,990.7
Total liabilities and equity	$ 7,485.8	$ 8,164.6