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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Revenue $ 20,358.3 $ 36,819.0 $ 39,750.3
Cost of revenue 19,506.5 35,707.0 38,731.8
Gross profit 851.8 1,112.0 1,018.5
Operating expenses:      
Compensation and employee benefits 366.9 470.4 442.1
General and administrative 311.1 322.2 299.6
Asset impairments 25.6 0.0 0.0
Restructuring charges 10.3 19.7 17.1
Total operating expenses 714.0 812.3 758.8
Income from operations 137.9 299.7 259.7
Non-operating income (expenses), net:      
Interest expense and other financing costs, net (44.9) (73.9) (71.0)
Other income (expense), net 68.8 11.5 (3.8)
Total non-operating expenses, net 23.9 (62.4) (74.8)
Income (loss) before income taxes 161.7 237.3 184.9
Provision for income taxes 52.1 56.2 55.9
Net income (loss) including noncontrolling interest 109.6 181.1 129.0
Net income (loss) attributable to noncontrolling interest 0.1 2.2 1.3
Net income (loss) attributable to World Fuel $ 109.6 $ 178.9 $ 127.7
Basic earnings per common share (in dollars per share) $ 1.72 $ 2.71 $ 1.89
Basic weighted average common shares (in shares) 63.7 66.1 67.4
Diluted earnings per common share (in dollars per share) $ 1.71 $ 2.69 $ 1.89
Weighted average common shares for diluted earnings per common share (in shares) 64.0 66.5 67.7
Comprehensive income:      
Net income (loss) including noncontrolling interest $ 109.6 $ 181.1 $ 129.0
Other comprehensive income (loss):      
Foreign currency translation adjustments 13.8 8.2 (27.3)
Cash flow hedges, net of income tax benefit of $0.0, benefit of $8.7, and expense of $7.0 for 2020, 2019, and 2018, respectively (0.1) (25.5) 21.0
Other comprehensive income (loss) 13.7 (17.3) (6.3)
Comprehensive income (loss) including noncontrolling interest 123.3 163.7 122.6
Comprehensive income (loss) attributable to noncontrolling interest 0.0 (2.7) (1.2)
Comprehensive income (loss) attributable to World Fuel $ 123.3 $ 166.5 $ 123.8