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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 315.2 $ 258.1
Accounts receivable, net of allowance for credit losses of $25.7 and $20.4, respectively 4,461.3 4,499.4
Merchandise inventory 800.2 927.6
Miscellaneous receivables 489.1 435.5
Prepaid expenses and other 498.2 357.5
Total current assets 6,564.0 6,478.1
Operating lease right-of-use assets 149.2 155.6
Property and equipment, net 188.8 195.8
Goodwill 4,342.7 4,382.9
Other intangible assets, net 1,490.7 1,628.1
Other assets 396.1 358.9
Total Assets 13,131.5 13,199.4
Current liabilities:    
Accounts payable-trade 2,821.3 3,114.2
Accounts payable-inventory financing 519.0 448.3
Current maturities of long-term debt 56.3 102.7
Contract liabilities 485.5 402.9
Accrued expenses and other current liabilities:    
Compensation 377.8 361.7
Advertising 130.5 145.5
Sales and income taxes 73.5 65.9
Other 483.2 454.8
Total current liabilities 4,947.1 5,096.0
Long-term liabilities:    
Debt 5,866.4 6,755.8
Deferred income taxes 203.4 222.3
Operating lease liabilities 175.2 184.2
Other liabilities 336.1 235.4
Total long-term liabilities 6,581.1 7,397.7
Commitments and contingencies (Note 16)
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; 135.5 and 134.8 shares outstanding, respectively 1.4 1.3
Paid-in capital 3,518.1 3,369.5
Accumulated deficit (1,763.8) (2,570.7)
Accumulated other comprehensive loss (152.4) (94.4)
Total stockholders’ equity 1,603.3 705.7
Total Liabilities and Stockholders’ Equity $ 13,131.5 $ 13,199.4