v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 204.7 $ 276.8
Trade accounts receivable, net of allowance for credit losses of $6.8 and $5.3, respectively 1,557.4 1,245.3
Inventories 1,735.2 1,748.0
Prepaid income taxes 9.1 20.1
Other current assets 179.0 181.9
Total current assets 3,685.5 3,472.1
Property and equipment, net 1,158.0 1,131.6
Operating lease right-of-use assets 313.4 309.0
Other assets 136.7 140.2
Total assets 5,293.5 5,052.9
Current liabilities:    
Current portion of debt 70.0 25.0
Accounts payable 399.8 316.8
Accrued expenses 288.7 264.7
Current portion of operating lease liabilities 107.0 106.1
Income taxes payable 16.2 3.0
Total current liabilities 881.8 715.6
Long-term debt 50.0 100.0
Operating lease liabilities 214.5 210.8
Deferred income taxes 65.7 67.4
Other long-term liabilities 12.7 15.5
Commitments and contingencies (Notes 3, 5, 6, and 8)
Stockholders' equity:    
Preferred stock: $0.01 par value, 5,000,000 shares authorized, no shares issued or outstanding 0.0 0.0
Common stock: $0.01 par value, 1,600,000,000 shares authorized, 1,147,494,415 and 1,148,057,473 shares issued and outstanding, respectively 11.5 11.5
Additional paid-in capital 80.7 115.5
Retained earnings 4,039.4 3,867.7
Accumulated other comprehensive loss (62.7) (51.1)
Total stockholders' equity 4,068.8 3,943.6
Total liabilities and stockholders' equity $ 5,293.5 $ 5,052.9