Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current Assets
Cash and cash equivalents	$ 48.5	$ 131.2
Trade receivables (less allowances of $9.1 and $6.9, respectively)	1,407.6	1,109.0
Merchandise inventory	808.4	588.5
Other current assets	54.8	56.6
Total Current Assets	2,319.3	1,885.3
Property, at cost
Land	97.6	78.9
Buildings	534.1	504.5
Furniture and fixtures	261.7	255.7
Software	151.4	153.5
Finance leases	14.0	14.6
Total Property, at cost	1,058.8	1,007.2
Accumulated depreciation and amortization	(622.1)	(600.6)
Net Property	436.7	406.6
Operating Lease Right-of-use Assets	133.1	118.8
Other Non-current Assets	179.9	140.5
Total Assets	3,069.0	2,551.2
Current Liabilities
Short-term borrowings	124.2	50.0
Current portion of long-term debt	1.9	2.3
Trade accounts payable	1,055.4	884.1
Accrued payroll and benefit costs	187.8	121.7
Other accrued taxes	42.8	44.2
Current operating lease liabilities	34.0	31.2
Other current liabilities	142.9	104.4
Total Current Liabilities	1,589.0	1,237.9
Postretirement Benefits Liability	68.5	74.1
Pension Liability	159.1	197.9
Long-term Debt	4.2	5.7
Non-current Operating Lease Liabilities	107.5	95.9
Other Non-current Liabilities	8.8	4.7
Total Liabilities	1,937.1	1,616.2
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	456.7	452.1
Common shares subscribed	21.1	21.1
Less subscriptions receivable	(21.1)	(21.1)
Retained Earnings	850.3	725.1
Accumulated Other Comprehensive Loss	(180.5)	(246.7)
Total Graybar Electric Company, Inc. Shareholders’ Equity	1,126.5	930.5
Noncontrolling Interests	5.4	4.5
Total Shareholders’ Equity	1,131.9	935.0
Total Liabilities and Shareholders’ Equity	$ 3,069.0	$ 2,551.2