CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
CURRENT ASSETS
Cash and cash equivalents	$ 315	$ 538
Accounts receivable (less allowances for doubtful accounts of $26 and $25, respectively)	1,503	1,385
Inventories	1,535	1,541
Prepaid expenses and other assets	92	83
Prepaid income taxes	11	10
Total current assets	3,456	3,557
PROPERTY, BUILDINGS AND EQUIPMENT, NET	1,380	1,352
DEFERRED INCOME TAXES	13	12
GOODWILL	429	424
INTANGIBLES, NET	437	460
OTHER ASSETS	277	68
TOTAL ASSETS	5,992	5,873
CURRENT LIABILITIES
Short-term debt	51	49
Current maturities of long-term debt	81	81
Trade accounts payable	780	678
Accrued compensation and benefits	183	262
Accrued contributions to employees’ profit sharing plans	46	133
Accrued expenses	288	269
Income taxes payable	23	29
Total current liabilities	1,452	1,501
LONG-TERM DEBT (less current maturities)	2,080	2,090
DEFERRED INCOME TAXES AND TAX UNCERTAINTIES	115	103
OTHER NON-CURRENT LIABILITIES	231	86
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; 109,659,219 shares issued	55	55
Additional contributed capital	1,152	1,134
Retained earnings	8,226	7,869
Accumulated other comprehensive losses	(156)	(171)
Treasury stock, at cost – 55,088,078 and 53,796,859 shares, respectively	(7,354)	(6,966)
Total W.W. Grainger, Inc. shareholders’ equity	1,923	1,921
Noncontrolling interest	191	172
Total shareholders' equity	2,114	2,093
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 5,992	$ 5,873