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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 314,899 $ 242,879
Trade accounts receivable, net 2,421,563 1,938,562
Merchandise inventories, net 3,771,089 3,210,320
Prepaid expenses and other current assets 805,342 556,670
Total current assets 7,312,893 5,948,431
Goodwill 2,153,988 956,153
Other intangible assets, less accumulated amortization 1,400,392 618,510
Deferred tax assets 40,158 132,652
Other assets 568,248 475,530
Property, plant, and equipment:    
Land 104,049 92,046
Buildings, less accumulated depreciation (2017- $317,777; 2016 - $292,049) 371,612 314,268
Machinery and equipment, less accumulated depreciation (2017-$726,576; 2016-$668,950) 461,041 321,810
Net property, plant, and equipment 936,702 728,124
Total assets 12,412,381 8,859,400
Current liabilities:    
Trade accounts payable 3,634,859 3,081,111
Current portion of debt 694,989 325,000
Accrued compensation 198,048 142,942
Other current liabilities 847,129 597,513
Dividends payable 99,000 97,584
Total current liabilities 5,474,025 4,244,150
Long-term debt 2,550,020 550,000
Pension and other post-retirement benefit liabilities 229,868 341,510
Deferred tax liabilities 193,308 48,326
Other long-term liabilities 501,004 468,058
Equity:    
Preferred stock, par value $1 per share — authorized 10,000,000 shares; none issued 0 0
Common stock, par value $1 per share - authorized 450,000,000 shares; issued and outstanding - 2017 - 146,652,615 shares and 2016 - 148,410,422 shares 146,653 148,410
Additional paid-in capital 68,126 56,605
Accumulated other comprehensive loss (852,592) (1,013,021)
Retained earnings 4,049,965 4,001,734
Total parent equity 3,412,152 3,193,728
Noncontrolling interests in subsidiaries 52,004 13,628
Total equity 3,464,156 3,207,356
Total liabilities and equity $ 12,412,381 $ 8,859,400