XML 17 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 211.7 $ 372.3
Accounts receivable, net 2,739.6 2,705.6
Inventories 523.1 505.0
Prepaid expenses 65.7 64.4
Short-term derivative assets, net 155.2 51.1
Other current assets 279.5 241.9
Total current assets 3,974.8 3,940.4
Property and equipment, net 350.3 329.8
Goodwill 852.7 845.5
Identifiable intangible and other non-current assets 499.0 472.1
Total assets 5,676.9 5,587.8
Current liabilities:    
Current maturities of long-term debt and capital leases 41.1 25.6
Accounts payable 2,399.6 2,239.7
Customer deposits 118.2 108.3
Accrued expenses and other current liabilities 377.0 344.9
Total current liabilities 2,935.9 2,718.6
Long-term debt 659.9 884.6
Non-current income tax liabilities, net 194.6 202.4
Other long-term liabilities 54.9 44.2
Total liabilities 3,845.3 3,849.8
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, 67.0 and 67.7 issued and outstanding as of December 31, 2018 and December 31, 2017, respectively 0.7 0.7
Capital in excess of par value 340.4 354.9
Retained earnings 1,606.1 1,492.8
Accumulated other comprehensive loss (131.7) (126.5)
Total World Fuel shareholders' equity 1,815.4 1,721.9
Noncontrolling interest 16.1 16.0
Total equity 1,831.6 1,738.0
Total liabilities and equity $ 5,676.9 $ 5,587.8