v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
 [1]
Assets    
Cash and cash equivalents $ 262,181 $ 193,793
Accounts receivable, net 457,785 389,793
Amounts receivable from suppliers 170,728 159,900
Inventory 5,971,856 5,731,385
Other current assets 337,082 269,406
Total current assets 7,199,632 6,744,277
Property and equipment, at cost 10,741,816 10,222,249
Less: accumulated depreciation and amortization 4,191,571 3,964,824
Net property and equipment 6,550,245 6,257,425
Operating lease, right-of-use assets 2,484,413 2,391,150
Goodwill 955,211 948,208
Other assets, net 199,615 197,193
Total assets 17,389,116 16,538,253
Liabilities and shareholders' deficit    
Accounts payable 7,384,958 7,103,684
Self-insurance reserves 214,311 297,304
Accrued payroll 176,174 119,603
Accrued benefits and withholdings 275,493 240,072
Income taxes payable 0 13,957
Current portion of operating lease liabilities 452,275 439,907
Other current liabilities 1,071,463 561,294
Total current liabilities 9,574,674 8,775,821
Long-term debt 7,014,543 6,016,904
Operating lease liabilities, less current portion 2,120,615 2,034,688
Deferred income taxes 238,615 211,210
Other liabilities 276,394 262,982
Shareholders' equity (deficit):    
Common stock, $0.01 par value: Authorized shares - 1,250,000,000 Issued and outstanding shares - 816,165,813 as of June 30, 2026, and 841,909,238 as of December 31, 2025 8,162 8,419
Additional paid-in capital 1,536,955 1,530,292
Retained deficit (3,416,414) (2,328,817)
Accumulated other comprehensive income (loss) 35,572 26,754
Total shareholders' deficit (1,835,725) (763,352)
Total liabilities and shareholders' deficit $ 17,389,116 $ 16,538,253
[1] The balance sheet at December 31, 2025, has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by United States generally accepted accounting principles for complete financial statements.