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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 258.1 $ 1,410.2
Accounts receivable, net of allowance for credit losses of $20.4 and $29.6, respectively 4,499.4 3,212.6
Merchandise inventory 927.6 760.0
Miscellaneous receivables 435.5 379.5
Prepaid expenses and other 357.5 191.2
Total current assets 6,478.1 5,953.5
Operating lease right-of-use assets 155.6 130.8
Property and equipment, net 195.8 175.5
Goodwill 4,382.9 2,595.9
Other intangible assets, net 1,628.1 445.1
Other assets 358.9 43.9
Total Assets 13,199.4 9,344.7
Current liabilities:    
Accounts payable-trade 3,114.2 2,088.4
Accounts payable-inventory financing 448.3 524.6
Current maturities of long-term debt 102.7 70.9
Contract liabilities 402.9 243.7
Accrued expenses and other current liabilities:    
Compensation 361.7 288.3
Advertising 145.5 153.4
Sales and income taxes 65.9 104.2
Other 454.8 424.8
Total current liabilities 5,096.0 3,898.3
Long-term liabilities:    
Debt 6,755.8 3,856.3
Deferred income taxes 222.3 55.3
Operating lease liabilities 184.2 169.0
Other liabilities 235.4 68.7
Total long-term liabilities 7,397.7 4,149.3
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, 100.0 shares authorized; no shares issued or outstanding for both periods 0.0 0.0
Common stock, $0.01 par value, 1,000.0 shares authorized; 134.8 and 141.9 shares outstanding, respectively 1.3 1.4
Paid-in capital 3,369.5 3,204.9
Accumulated deficit (2,570.7) (1,813.4)
Accumulated other comprehensive loss (94.4) (95.8)
Total stockholders’ equity 705.7 1,297.1
Total Liabilities and Stockholders’ Equity $ 13,199.4 $ 9,344.7