XML 27 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 489.7 $ 302.3
Accounts receivable, net 2,358.2 2,307.4
Inventories 450.8 437.6
Prepaid expenses 62.0 76.9
Short-term derivative assets, net 129.3 303.6
Other current assets 392.5 246.6
Total current assets 3,882.5 3,674.4
Property and equipment, net 212.4 203.4
Goodwill 650.3 651.9
Identifiable intangible and other non-current assets 357.3 350.4
Total assets 5,102.5 4,880.1
Current liabilities:    
Short-term debt 22.2 17.9
Accounts payable 1,897.4 1,850.1
Customer deposits 94.3 138.8
Accrued expenses and other current liabilities 302.2 232.6
Total current liabilities 2,316.1 2,239.4
Long-term debt 751.6 672.0
Non-current income tax liabilities, net 112.5 84.5
Other long-term liabilities 22.2 19.3
Total liabilities $ 3,202.4 $ 3,015.2
Commitments and contingencies    
World Fuel shareholders' equity:    
Preferred stock, $1.00 par value; 0.1 shares authorized, none issued    
Common stock, $0.01 par value; 100 shares authorized, 71.8 and 72.1 issued and outstanding as of June 30, 2015 and December 31, 2014, respectively $ 0.7 $ 0.7
Capital in excess of par value 468.9 496.4
Retained earnings 1,495.5 1,418.5
Accumulated other comprehensive loss (74.5) (60.2)
Total World Fuel shareholders' equity 1,890.6 1,855.4
Noncontrolling interest equity 9.5 9.5
Total equity 1,900.1 1,864.9
Total liabilities and equity $ 5,102.5 $ 4,880.1