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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 803.8 $ 588.7
Accounts receivable, net of allowance for credit losses of $30.2 and $28.8, respectively 4,310.4 4,567.5
Merchandise inventory 670.8 668.1
Miscellaneous receivables 482.2 470.5
Prepaid expenses and other 366.6 410.2
Total current assets 6,633.8 6,705.0
Operating lease right-of-use assets 135.1 128.8
Property and equipment, net 190.2 195.5
Goodwill 4,409.8 4,413.4
Other intangible assets, net 1,331.2 1,369.7
Other assets 492.7 472.2
Total Assets 13,192.8 13,284.6 Close
Current liabilities:    
Accounts payable-trade 2,741.1 2,881.0
Accounts payable-inventory financing 384.8 430.9
Current maturities of long-term debt 604.7 613.1
Contract liabilities 469.5 487.4
Accrued expenses and other current liabilities:    
Compensation 250.7 303.0
Advertising 136.0 119.9
Sales and income taxes 110.1 52.4
Other 564.1 554.3
Total current liabilities 5,261.0 5,442.0
Long-term liabilities:    
Debt 5,027.6 5,031.8
Deferred income taxes 161.7 171.4
Operating lease liabilities 167.5 164.0
Other liabilities 436.3 432.9
Total long-term liabilities 5,793.1 5,800.1
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 100.0 shares authorized; no shares issued or outstanding for both periods 0.0 0.0
Common stock, $0.01 par value, 1,000.0 shares authorized; 134.4 and 134.1 shares outstanding, respectively 1.3 1.3
Paid-in capital 3,745.0 3,691.3
Accumulated deficit (1,474.2) (1,525.5)
Accumulated other comprehensive loss (133.4) (124.6)
Total stockholders’ equity 2,138.7 2,042.5 Close
Total Liabilities and Stockholders’ Equity $ 13,192.8 $ 13,284.6