Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
ASSETS
Cash and cash equivalents	$ 50,039	$ 34,665
Trade receivables (less allowances of $6,811 and $6,837, respectively)	865,313	823,072
Merchandise inventory	463,776	448,386
Other current assets	52,472	41,435
Total Current Assets	1,431,600	1,347,558
Property, at cost
Land	68,351	66,775
Buildings	417,306	413,159
Furniture and fixtures	241,861	232,093
Software	83,360	76,906
Capital leases	16,802	14,768
Total Property, at cost	827,680	803,701
Less – accumulated depreciation and amortization	(439,677)	(423,514)
Net Property	388,003	380,187
Other Non-current Assets	61,682	66,498
Total Assets	1,881,285	1,794,243
LIABILITIES
Short-term borrowings	72,450	82,442
Current portion of long-term debt	6,048	2,443
Trade accounts payable	734,046	630,198
Accrued payroll and benefit costs	57,572	93,262
Other accrued taxes	12,624	15,410
Other current liabilities	76,674	73,085
Total Current Liabilities	959,414	896,840
Postretirement Benefits Liability	68,329	67,534
Pension Liability	121,709	132,583
Long-term Debt	6,869	2,731
Other Non-current Liabilities	18,096	23,774
Total Liabilities	1,174,417	1,123,462
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	316,672	317,767
Advance Payments on Subscriptions to Common Stock	860	0
Retained Earnings	520,557	489,740
Accumulated Other Comprehensive Loss	(134,648)	(140,363)
Total Graybar Electric Company, Inc. Shareholders’ Equity	703,441	667,144
Noncontrolling Interests	3,427	3,637
Total Shareholders’ Equity	706,868	670,781
Total Liabilities and Shareholders' Equity	$ 1,881,285	$ 1,794,243