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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 325,973 $ 314,899
Trade accounts receivable, less allowance for doubtful accounts (2018 – $22,166; 2017 – $17,612) 2,641,151 2,421,563
Merchandise inventories, net 3,772,919 3,771,089
Prepaid expenses and other current assets 841,569 805,342
TOTAL CURRENT ASSETS 7,581,612 7,312,893
Goodwill 2,202,634 2,153,988
Other intangible assets, less accumulated amortization 1,415,792 1,400,392
Deferred tax assets 39,830 40,158
Other assets 588,238 568,248
Property, plant and equipment, less accumulated depreciation (2018 – $1,083,696; 2017 – $1,044,353) 931,288 936,702
TOTAL ASSETS 12,759,394 12,412,381
CURRENT LIABILITIES:    
Trade accounts payable 3,773,149 3,634,859
Current portion of debt 751,614 694,989
Dividends payable 105,649 99,000
Income taxes payable 28,144 10,736
Other current liabilities 1,098,916 1,034,441
TOTAL CURRENT LIABILITIES 5,757,472 5,474,025
Long-term debt 2,564,111 2,550,020
Pension and other post–retirement benefit liabilities 200,253 229,868
Deferred tax liabilities 184,383 193,308
Other long-term liabilities 491,794 501,004
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 - 2018 - 146,737,803 shares; 2017 - 146,652,615 shares 146,738 146,653
Additional paid-in capital 68,127 68,126
Retained earnings 4,114,472 4,049,965
Accumulated other comprehensive loss (819,258) (852,592)
TOTAL PARENT EQUITY 3,510,079 3,412,152
Noncontrolling interests in subsidiaries 51,302 52,004
TOTAL EQUITY 3,561,381 3,464,156
TOTAL LIABILITIES AND EQUITY $ 12,759,394 $ 12,412,381