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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 575.6 $ 698.6
Accounts receivable, net 2,241.4 2,344.0
Inventories 441.8 458.0
Prepaid expenses 45.3 46.5
Short-term derivative assets, net 48.7 58.9
Other current assets 236.1 230.6
Total current assets 3,588.8 3,836.6
Property and equipment, net 328.0 311.2
Goodwill 887.9 835.8
Identifiable intangible and other non-current assets 481.4 429.1
Total assets 5,286.0 5,412.6
Current liabilities:    
Short-term debt 21.7 15.4
Accounts payable 1,794.4 1,770.4
Customer deposits 91.1 90.8
Accrued expenses and other current liabilities 221.4 306.0
Total current liabilities 2,128.5 2,182.7
Long-term debt 1,046.1 1,170.8
Non-current income tax liabilities, net 76.3 84.6
Other long-term liabilities 40.7 34.5
Total liabilities 3,291.7 3,472.6
Commitments and contingencies
World Fuel shareholders' equity:    
Preferred stock, $1.00 par value; 0.1 shares authorized, none issued 0.0 0.0
Common stock, $0.01 par value; 100.0 shares authorized, 68.6 and 69.9 issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 0.7 0.7
Capital in excess of par value 373.3 399.9
Retained earnings 1,732.4 1,679.3
Accumulated other comprehensive loss (127.8) (154.8)
Total World Fuel shareholders' equity 1,978.6 1,925.0
Noncontrolling interest equity 15.7 15.0
Total equity 1,994.3 1,940.0
Total liabilities and equity $ 5,286.0 $ 5,412.6