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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Total World Kinect Shareholders’ Equity
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest Equity
Beginning balance (in shares) at Dec. 31, 2020     62.9        
Beginning balance at Dec. 31, 2020 $ 1,912.9 $ 1,909.3 $ 0.6 $ 204.6 $ 1,836.7 $ (132.6) $ 3.6
Increase (Decrease) in Shareholders' Equity              
Net income (loss) 74.2 73.7     73.7   0.5
Cash dividends declared (30.0) (30.0)     (30.0)    
Amortization of share-based payment awards 19.6 19.6   19.6      
Issuance (cancellation) of common stock related to share-based payment awards (in shares)     0.4        
Issuance (cancellation) of common stock related to share-based payment awards 0.3 0.3   0.2      
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards $ (5.8) (5.8)   (5.8)      
Purchases of common stock (in shares) (1.7)   (1.7)        
Purchases of common stock $ (50.5) (50.5)   (50.5)      
Other comprehensive income (loss) before reclassifications (4.1) (4.1)       (4.1)  
Other 0.2 0.2     0.2    
Ending balance (in shares) at Dec. 31, 2021     61.7        
Ending balance at Dec. 31, 2021 1,916.8 1,912.7 $ 0.6 168.1 1,880.6 (136.7) 4.1
Increase (Decrease) in Shareholders' Equity              
Net income (loss) 115.9 114.1     114.1   1.7
Cash dividends declared (32.2) (32.2)     (32.2)    
Amortization of share-based payment awards 17.6 17.6   17.6      
Issuance (cancellation) of common stock related to share-based payment awards (in shares)     0.4        
Issuance of common stock for acquisition of a business (in shares)     1.8        
Issuance of common stock for acquisition of a business $ 50.0 50.0   50.0      
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards (in shares) 0.2            
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards $ (4.6) (4.6)   (4.6)      
Purchases of common stock (in shares) (2.0)   (2.0)        
Purchases of common stock $ (48.7) (48.7)   (48.7)      
Other comprehensive income (loss) before reclassifications $ (24.0) (24.0)       (24.0)  
Ending balance (in shares) at Dec. 31, 2022 62.0   62.0        
Ending balance at Dec. 31, 2022 $ 1,990.7 1,984.9 $ 0.6 182.4 1,962.5 (160.6) 5.9
Increase (Decrease) in Shareholders' Equity              
Net income (loss) 53.7 52.9     52.9   0.8
Cash dividends declared (33.8) (33.8)     (33.8)    
Amortization of share-based payment awards 24.2 24.2   24.2      
Issuance (cancellation) of common stock related to share-based payment awards (in shares)     0.6        
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards (5.7) (5.7)   (5.7)      
Purchases of common stock       (60.6)      
Purchases of common stock $ (60.7) (60.7)          
Purchases of common stock (in shares) (0.5)   (2.8)        
Purchases of common stock $ (10.1)            
Other comprehensive income (loss) before reclassifications 11.8 11.8       11.8  
Convertible note hedge transactions (70.5) (70.5)   (70.5)      
Adjustments to Additional Paid in Capital, Warrant Issued $ 40.0     40.0      
Ending balance (in shares) at Dec. 31, 2023 59.8   59.8        
Ending balance at Dec. 31, 2023 $ 1,949.6 $ 1,943.0 $ 0.6 $ 109.6 $ 1,981.6 $ (148.9) $ 6.7