Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 159,600	$ 172,740
Accounts receivable, net	2,494,373	2,193,866
Inventories	634,057	572,313
Prepaid expenses	112,430	158,909
Other current assets	180,488	183,549
Total current assets	3,580,948	3,281,377
Property and equipment, net	119,636	112,525
Goodwill	468,456	470,506
Identifiable intangible and other non-current assets	240,217	243,343
Total assets	4,409,257	4,107,751
Current liabilities:
Short-term debt	28,362	26,065
Accounts payable	2,185,325	1,814,794
Accrued expenses and other current liabilities	283,654	308,439
Total current liabilities	2,497,341	2,149,298
Long-term debt	248,312	354,253
Non-current income tax liabilities, net	59,459	50,879
Other long-term liabilities	12,032	11,697
Total liabilities	2,817,144	2,566,127
Commitments and contingencies
World Fuel shareholders' equity:
Preferred stock, $1.00 par value; 100 shares authorized, none issued
Common stock, $0.01 par value; 100,000 shares authorized, 72,583 and 72,147 issued and outstanding as of March 31, 2013 and December 31, 2012, respectively	725	721
Capital in excess of par value	518,598	517,589
Retained earnings	1,060,932	1,014,882
Accumulated other comprehensive loss	(14,978)	(16,018)
Total World Fuel shareholders' equity	1,565,277	1,517,174
Noncontrolling interest equity	26,836	24,450
Total equity	1,592,113	1,541,624
Total liabilities and equity	$ 4,409,257	$ 4,107,751

Aggregate carrying value as of the balance sheet date of the liabilities for all deferred compensation arrangements payable beyond one year (or the operating cycle, if longer). Also includes the aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet due to materiality considerations. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer).

No definition available.