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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 946.7 $ 588.7
Short-term investments 211.7 0.0
Accounts receivable, net of allowance for credit losses of $37.5 and $28.8, respectively 4,894.0 4,567.5
Merchandise inventory 682.5 668.1
Miscellaneous receivables 520.1 470.5
Prepaid expenses and other 406.6 410.2
Total current assets 7,661.6 6,705.0
Operating lease right-of-use assets 129.2 128.8
Property and equipment, net 193.1 195.5
Goodwill 4,424.5 4,413.4
Other intangible assets, net 1,259.7 1,369.7
Other assets 708.6 472.2
Total Assets 14,376.7 13,284.6
Current liabilities:    
Accounts payable-trade 3,179.9 2,881.0
Accounts payable-inventory financing 357.0 430.9
Current maturities of long-term debt 423.2 613.1
Contract liabilities 474.7 487.4
Accrued expenses and other current liabilities:    
Compensation 247.1 303.0
Advertising 148.4 119.9
Sales and income taxes 64.9 52.4
Other 563.4 554.3
Total current liabilities 5,458.6 5,442.0
Long-term liabilities:    
Debt 5,607.5 5,031.8
Deferred income taxes 145.1 171.4
Operating lease liabilities 158.7 164.0
Other liabilities 657.5 432.9
Total long-term liabilities 6,568.8 5,800.1
Commitments and contingencies (Note 9)
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; 133.2 and 134.1 shares outstanding, respectively 1.3 1.3
Paid-in capital 3,807.2 3,691.3
Accumulated deficit (1,350.9) (1,525.5)
Accumulated other comprehensive loss (108.3) (124.6)
Total stockholders’ equity 2,349.3 2,042.5
Total Liabilities and Stockholders’ Equity $ 14,376.7 $ 13,284.6