Company: WKC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001628280-25-007620
Chunk: 60

Company: WORLD KINECT CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 15
Chunk 60
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7)(18.5)Unrealized foreign currency (gains) losses, net30.6 (16.5)21.7 Asset impairment charges29.0 32.8 0.6 Other16.6 25.2 23.2 Changes in assets and liabilities, net of acquisitions and divestitures:  Accounts receivable, net259.1 569.2 (870.7)Inventories133.0 186.8 (252.1)Prepaid expenses(2.3)6.7 (25.2)Other current assets20.7 (30.5)(124.2)Cash collateral with counterparties105.4 168.9 (252.9)Other non-current assets(117.7)(88.0)(12.3)Change in derivative assets and liabilities, net(3.4)(4.7)2.9 Accounts payable(355.9)(441.9)1,107.5 Accrued expenses and other current liabilities(164.1)(48.0)147.8 Other long-term liabilities33.7 (10.1)(80.7)Net cash provided by (used in) operating activities259.9 271.3 138.5 Cash flows from investing activities:  Acquisition of business, net of cash acquired(40.0)(13.7)(643.9)Proceeds from sale of business, net of divested cash209.0 9.3 — Capital expenditures(68.2)(87.6)(78.6)Other investing activities, net(36.3)(9.1)(2.5)Net cash provided by (used in) investing activities64.5 (101.1)(724.9)Cash flows from financing activities:   Borrowings of debt3,844.0 5,921.8 6,944.9 Repayments of debt(3,876.2)(6,224.4)(6,611.2)Issuance of Convertible Notes— 350.0 — Dividends paid on common stock(38.5)(34.0)(31.0)Repurchases of common stock(100.0)(60.1)(48.7)Purchase of convertible note hedges— (70.5)— Sale of warrants— 40.0