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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 524.6 $ 304.3
Accounts receivable, net of allowance for credit losses of $20.1 million and $18.3 million as of June 30, 2024 and December 31, 2023, respectively 2,592.0 2,735.5
Inventories 646.7 664.6
Prepaid expenses 83.3 77.6
Short-term derivative assets, net 188.4 275.4
Other current assets 360.6 446.4
Total current assets 4,395.6 4,503.8
Property and equipment, net 495.3 515.3
Goodwill 1,174.9 1,238.0
Identifiable intangible assets, net 275.8 299.7
Other non-current assets 847.6 818.6
Total assets 7,189.2 7,375.3
Current liabilities:    
Long-Term Debt and Lease Obligation, Current 81.4 78.8
Accounts payable 2,975.9 3,097.6
Short-term derivative liabilities, net 101.2 128.2
Accrued expenses and other current liabilities 660.4 745.0
Total current liabilities 3,818.9 4,049.7
Long-term debt 797.8 809.1
Other long-term liabilities 535.1 566.9
Total liabilities 5,151.8 5,425.7
Commitments and contingencies
World Kinect 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, 59.1 and 59.8 issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 0.6 0.6
Capital in excess of par value 87.0 109.6
Retained earnings 2,097.0 1,981.6
Accumulated other comprehensive income (loss) (152.3) (148.9)
Total World Kinect shareholders' equity 2,032.3 1,943.0
Noncontrolling interest 5.1 6.7
Total equity 2,037.4 1,949.6
Total liabilities and equity $ 7,189.2 $ 7,375.3