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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 331,707 $ 430,644
Accounts receivable (less allowances for doubtful accounts of $21,254 and $20,096, respectively) 1,177,543 1,101,656
Inventories - net 1,317,467 1,305,520
Prepaid expenses and other assets 112,598 115,331
Deferred income taxes 66,468 75,819
Prepaid income taxes 24,770 15,315
Total current assets 3,030,553 3,044,285
PROPERTY, BUILDINGS AND EQUIPMENT 2,957,430 2,941,090
Less: Accumulated depreciation and amortization 1,708,342 1,732,528
Property, buildings and equipment - net 1,249,088 1,208,562
DEFERRED INCOME TAXES 16,382 16,209
GOODWILL 554,719 525,467
OTHER ASSETS AND INTANGIBLES - NET 460,570 471,805
TOTAL ASSETS 5,311,312 5,266,328
CURRENT LIABILITIES    
Short-term debt 101,617 66,857
Current maturities of long-term debt 33,352 30,429
Trade accounts payable 513,829 510,634
Accrued compensation and benefits 160,712 185,905
Accrued contributions to employees' profit sharing plans 93,764 176,800
Accrued expenses 214,479 218,835
Income taxes payable 8,700 6,330
Total current liabilities 1,126,453 1,195,790
LONG-TERM DEBT (less current maturities) 432,485 445,513
DEFERRED INCOME TAXES AND TAX UNCERTAINTIES 112,319 113,585
EMPLOYMENT-RELATED AND OTHER NON-CURRENT LIABILITIES 192,031 184,604
SHAREHOLDERS' EQUITY    
Cumulative Preferred Stock - $5 par value - 12,000,000 shares authorized; none issued nor outstanding 0 0
Common Stock - $0.50 par value - 300,000,000 shares authorized; issued 109,659,219 shares 54,830 54,830
Additional contributed capital 923,061 893,055
Retained earnings 6,105,729 5,822,612
Accumulated other comprehensive earnings 38,687 28,914
Treasury stock, at cost - 41,263,408 and 40,805,281 shares, respectively (3,758,016) (3,548,973)
Total W.W. Grainger, Inc. shareholders' equity 3,364,291 3,250,438
Noncontrolling Interest 83,733 76,398
Total shareholders' equity 3,448,024 3,326,836
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 5,311,312 $ 5,266,328