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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 194.0 $ 211.7
Accounts receivable, net 2,728.7 2,739.6
Inventories 598.7 523.1
Prepaid expenses 55.3 65.7
Short-term derivative assets, net 47.3 155.2
Other current assets 270.7 279.5
Total current assets 3,894.7 3,974.8
Property and equipment, net 356.1 350.3
Goodwill 853.3 852.7
Identifiable intangible and other non-current assets 629.1 499.0
Total assets 5,733.2 5,676.9
Current liabilities:    
Current maturities of long-term debt and finance leases 45.8 41.1
Accounts payable 2,376.6 2,399.6
Customer deposits 93.5 118.2
Accrued expenses and other current liabilities 357.2 377.0
Total current liabilities 2,873.2 2,935.9
Long-term debt 649.7 659.9
Non-current income tax liabilities, net 190.6 194.6
Other long-term liabilities 164.0 54.9
Total liabilities 3,877.5 3,845.3
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, 67.1 and 67.0 issued and outstanding as of March 31, 2019 and December 31, 2018, respectively 0.7 0.7
Capital in excess of par value 343.0 340.4
Retained earnings 1,639.3 1,606.1
Accumulated other comprehensive loss (142.7) (131.7)
Total World Fuel shareholders' equity 1,840.3 1,815.4
Noncontrolling interest 15.5 16.1
Total equity 1,855.8 1,831.6
Total liabilities and equity $ 5,733.2 $ 5,676.9