Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 306.0	$ 60.8
Trade receivables (less allowances of $6.9 and $6.2, respectively)	1,061.9	1,096.6
Merchandise inventory	595.2	654.2
Other current assets	57.1	51.7
Total Current Assets	2,020.2	1,863.3
Property, at cost
Land	79.4	79.6
Buildings	507.7	505.5
Furniture and fixtures	254.2	250.4
Software	173.0	168.6
Finance leases	18.5	18.3
Total Property, at cost	1,032.8	1,022.4
Accumulated depreciation and amortization	(615.4)	(597.2)
Net Property	417.4	425.2
Operating Lease Right-of-use Assets	130.7	117.5
Other Non-current Assets	115.1	111.7
Total Assets	2,683.4	2,517.7
Current Liabilities
Short-term borrowings	320.0	138.0
Current portion of long-term debt	2.4	3.8
Trade accounts payable	821.4	832.3
Accrued payroll and benefit costs	76.7	151.1
Other accrued taxes	27.7	24.7
Current operating lease liabilities	31.0	28.6
Other current liabilities	110.1	101.1
Total Current Liabilities	1,389.3	1,279.6
Postretirement Benefits Liability	69.6	69.4
Pension Liability	154.6	164.6
Long-term Debt	6.7	7.8
Non-current Operating Lease Liabilities	107.9	96.2
Other Non-current Liabilities	2.5	2.3
Total Liabilities	1,730.6	1,619.9
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	453.7	449.5
Advance Payments on Subscriptions to Common Stock	0.5
Retained Earnings	738.8	694.0
Accumulated Other Comprehensive Loss	(244.4)	(250.6)
Total Graybar Electric Company, Inc. Shareholders’ Equity	948.6	892.9
Noncontrolling Interests	4.2	4.9
Total Shareholders’ Equity	952.8	897.8
Total Liabilities and Shareholders’ Equity	$ 2,683.4	$ 2,517.7