v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 151.1 $ 193.5
Accounts receivable, net of allowance for credit losses of $20.6 million and $15.6 million as of March 31, 2026 and December 31, 2025, respectively 2,843.4 2,208.5
Inventories 739.2 454.2
Prepaid expenses 100.5 86.6
Short-term derivative assets, net 87.4 100.5
Other current assets 469.1 457.2
Total current assets 4,390.7 3,500.5
Property and equipment, net 347.4 348.4
Goodwill 739.9 737.5
Identifiable intangible assets, net 304.7 311.7
Other non-current assets 1,020.4 965.9
Total assets 6,803.0 5,863.9
Current liabilities:    
Current maturities of long-term debt 9.1 11.9
Accounts payable 3,413.1 2,586.9
Short-term derivative liabilities, net 75.2 52.7
Accrued expenses and other current liabilities 703.4 658.9
Total current liabilities 4,200.8 3,310.4
Long-term debt 789.6 685.2
Other long-term liabilities 600.8 560.4
Total liabilities 5,591.2 4,556.1
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, 51.4 and 54.1 issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 0.5 0.5
Capital in excess of par value 0.0 0.0
Retained earnings 1,262.7 1,315.9
Accumulated other comprehensive income (loss) (59.5) (17.3)
Total World Kinect shareholders' equity 1,203.7 1,299.1
Noncontrolling interest 8.1 8.8
Total equity 1,211.8 1,307.9
Total liabilities and equity $ 6,803.0 $ 5,863.9