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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 382.9 $ 304.3
Accounts receivable, net of allowance for credit losses of $22.5 million and $18.3 million as of December 31, 2024 and 2023, respectively 2,432.6 2,735.5
Inventories 513.5 664.6
Prepaid expenses 71.4 77.6
Short-term derivative assets, net 176.5 275.4
Other current assets 382.2 446.4
Total current assets 3,959.2 4,503.8
Property and equipment, net 513.3 515.3
Goodwill 1,181.7 1,238.0
Identifiable intangible assets, net 261.2 299.7
Other non-current assets 816.4 818.6
Total assets 6,731.8 7,375.3
Current liabilities:    
Current maturities of long-term debt 84.0 78.8
Accounts payable 2,726.5 3,097.6
Short-term derivative liabilities, net 91.5 128.2
Accrued expenses and other current liabilities 535.8 745.0
Total current liabilities 3,437.8 4,049.7
Long-term debt 796.8 809.1
Other long-term liabilities 541.2 566.9
Total liabilities 4,775.8 5,425.7
Commitments and contingencies
World Kinect 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, 56.7 and 59.8 issued and outstanding as of December 31, 2024 and 2023, respectively 0.6 0.6
Capital in excess of par value 30.0 109.6
Retained earnings 2,009.2 1,981.6
Accumulated other comprehensive income (loss) (91.0) (148.9)
Total World Kinect shareholders' equity 1,948.7 1,943.0
Noncontrolling interest 7.2 6.7
Total equity 1,955.9 1,949.6
Total liabilities and equity $ 6,731.8 $ 7,375.3