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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 456.4 $ 382.9
Accounts receivable, net of allowance for credit losses of $23.4 million and $22.5 million as of March 31, 2025 and December 31, 2024, respectively 2,245.8 2,432.6
Inventories 503.7 513.5
Prepaid expenses 71.2 71.4
Short-term derivative assets, net 172.0 176.5
Other current assets 380.8 382.2
Total current assets 3,829.9 3,959.2
Property and equipment, net 480.1 513.3
Goodwill 1,186.3 1,181.7
Identifiable intangible assets, net 248.5 261.2
Other non-current assets 844.3 816.4
Total assets 6,589.1 6,731.8
Current liabilities:    
Current maturities of long-term debt 86.8 84.0
Accounts payable 2,529.7 2,726.5
Short-term derivative liabilities, net 108.8 91.5
Accrued expenses and other current liabilities 617.0 535.8
Total current liabilities 3,342.3 3,437.8
Long-term debt 792.3 796.8
Other long-term liabilities 526.3 541.2
Total liabilities 4,660.9 4,775.8
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, 56.6 and 56.7 issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 0.6 0.6
Capital in excess of par value 23.1 30.0
Retained earnings 1,978.5 2,009.2
Accumulated other comprehensive income (loss) (81.0) (91.0)
Total World Kinect shareholders' equity 1,921.2 1,948.7
Noncontrolling interest 7.0 7.2
Total equity 1,928.3 1,955.9
Total liabilities and equity $ 6,589.1 $ 6,731.8