Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 44.0	$ 48.5
Trade receivables (less allowances of $9.1 and $9.1, respectively)	1,498.1	1,407.6
Merchandise inventory	866.1	808.4
Other current assets	65.7	54.8
Total Current Assets	2,473.9	2,319.3
Property, at cost
Land	97.6	97.6
Buildings	536.9	534.1
Furniture and fixtures	265.7	261.7
Software	152.2	151.4
Finance leases	14.1	14.0
Total Property, at cost	1,066.5	1,058.8
Accumulated depreciation and amortization	(631.9)	(622.1)
Net Property	434.6	436.7
Operating Lease Right-of-use Assets	130.1	133.1
Other Non-current Assets	180.4	179.9
Total Assets	3,219.0	3,069.0
Current Liabilities
Short-term borrowings	70.0	124.2
Current portion of long-term debt	1.7	1.9
Trade accounts payable	1,189.4	1,055.4
Accrued payroll and benefit costs	143.1	187.8
Other accrued taxes	43.8	42.8
Current operating lease liabilities	34.3	34.0
Other current liabilities	157.6	142.9
Total Current Liabilities	1,639.9	1,589.0
Postretirement Benefits Liability	68.4	68.5
Pension Liability	152.6	159.1
Long-term Debt	4.0	4.2
Non-current Operating Lease Liabilities	104.0	107.5
Other Non-current Liabilities	9.1	8.8
Total Liabilities	1,978.0	1,937.1
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	463.0	456.7
Advanced Payments on Subscriptions to Common Stock	1.1
Retained Earnings	945.5	850.3
Accumulated Other Comprehensive Loss	(174.0)	(180.5)
Total Graybar Electric Company, Inc. Shareholders’ Equity	1,235.6	1,126.5
Noncontrolling Interests	5.4	5.4
Total Shareholders’ Equity	1,241.0	1,131.9
Total Liabilities and Shareholders’ Equity	$ 3,219.0	$ 3,069.0