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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 218.5 $ 211.7
Accounts receivable, net 2,688.8 2,739.6
Inventories 582.1 523.1
Prepaid expenses 68.4 65.7
Short-term derivative assets, net 67.6 155.2
Other current assets 344.0 279.5
Total current assets 3,969.5 3,974.8
Property and equipment, net 366.5 350.3
Goodwill 846.9 852.7
Identifiable intangible and other non-current assets 614.6 499.0
Total assets 5,797.5 5,676.9
Current liabilities:    
Current maturities of long-term debt and finance leases 16.4 41.1
Accounts payable 2,386.9 2,399.6
Customer deposits 113.2 118.2
Accrued expenses and other current liabilities 394.1 377.0
Total current liabilities 2,910.5 2,935.9
Long-term debt 671.0 659.9
Non-current income tax liabilities, net 205.4 194.6
Other long-term liabilities 152.0 54.9
Total liabilities 3,938.9 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, 65.2 and 67.0 issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 0.7 0.7
Capital in excess of par value 284.5 340.4
Retained earnings 1,711.4 1,606.1
Accumulated other comprehensive loss (154.3) (131.7)
Total World Fuel shareholders' equity 1,842.1 1,815.4
Noncontrolling interest 16.5 16.1
Total equity 1,858.6 1,831.6
Total liabilities and equity $ 5,797.5 $ 5,676.9