Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 98,600,000	$ 69,400,000
Trade receivables (less allowances of $13.6 and $13.4, respectively)	1,657,300,000	1,673,000,000.0
Merchandise inventory	908,400,000	1,026,300,000
Other current assets	79,600,000	83,700,000
Total Current Assets	2,743,900,000	2,852,400,000
Property, at cost
Land	97,400,000	97,300,000
Buildings	598,700,000	562,100,000
Furniture and fixtures	310,300,000	282,900,000
Software	158,700,000	148,000,000.0
Finance leases	13,400,000	12,800,000
Total Property, at cost	1,178,500,000	1,103,100,000
Accumulated depreciation and amortization	(678,600,000)	(641,900,000)
Net Property	499,900,000	461,200,000
Operating Lease Right-of-use Assets	219,200,000	176,000,000.0
Goodwill	179,000,000.0	83,100,000
Intangible Assets (less accumulated amortization of $38.0 and $23.0, respectively)	261,900,000	90,600,000
Other Non-current Assets	102,200,000	85,800,000
Total Assets	4,006,100,000	3,749,100,000
Current Liabilities
Short-term borrowings	0	31,600,000
Current portion of long-term debt	1,900,000	1,600,000
Trade accounts payable	1,255,300,000	1,276,800,000
Accrued payroll and benefit costs	192,100,000	219,200,000
Other accrued taxes	29,100,000	34,300,000
Current operating lease liabilities	51,900,000	43,900,000
Other current liabilities	193,000,000.0	213,500,000
Total Current Liabilities	1,723,300,000	1,820,900,000
Postretirement Benefits Liability	55,900,000	55,500,000
Pension Liability	107,300,000	140,800,000
Long-term Debt	2,800,000	3,900,000
Non-current Operating Lease Liabilities	183,400,000	147,100,000
Other Non-current Liabilities	45,100,000	55,300,000
Total Liabilities	2,117,800,000	2,223,500,000
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	641,300,000	531,800,000
Common shares subscribed	27,000,000.0	23,700,000
Less subscriptions receivable	(27,000,000.0)	(23,700,000)
Retained Earnings	1,417,100,000	1,141,000,000.0
Accumulated Other Comprehensive Loss	(177,900,000)	(152,800,000)
Total Graybar Electric Company, Inc. Shareholders’ Equity	1,880,500,000	1,520,000,000.0
Noncontrolling Interests	7,800,000	5,600,000
Total Shareholders’ Equity	1,888,300,000	1,525,600,000
Total Liabilities and Shareholders’ Equity	$ 4,006,100,000	$ 3,749,100,000