Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Current Assets
Cash and cash equivalents	$ 40,920	$ 34,665
Trade receivables (less allowances of $6,697 and $6,837, respectively)	901,231	823,072
Merchandise inventory	486,950	448,386
Other current assets	51,949	41,435
Total Current Assets	1,481,050	1,347,558
Property, at cost
Land	68,125	66,775
Buildings	420,119	413,159
Furniture and fixtures	248,254	232,093
Software	83,898	76,906
Capital leases	17,828	14,768
Total Property, at cost	838,224	803,701
Less – accumulated depreciation and amortization	(447,217)	(423,514)
Net Property	391,007	380,187
Other Non-current Assets	59,604	66,498
Total Assets	1,931,661	1,794,243
Current Liabilities
Short-term borrowings	73,682	82,442
Current portion of long-term debt	6,062	2,443
Trade accounts payable	724,145	630,198
Accrued payroll and benefit costs	91,046	93,262
Other accrued taxes	12,895	15,410
Other current liabilities	82,570	73,085
Total Current Liabilities	990,400	896,840
Postretirement Benefits Liability	68,781	67,534
Pension Liability	117,307	132,583
Long-term Debt	6,144	2,731
Other Non-current Liabilities	17,819	23,774
Total Liabilities	1,200,451	1,123,462
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	316,622	317,767
Advance Payments on Subscriptions to Common Stock	436	0
Retained Earnings	546,267	489,740
Accumulated Other Comprehensive Loss	(135,476)	(140,363)
Total Graybar Electric Company, Inc. Shareholders’ Equity	727,849	667,144
Noncontrolling Interests	3,361	3,637
Total Shareholders’ Equity	731,210	670,781
Total Liabilities and Shareholders’ Equity	$ 1,931,661	$ 1,794,243