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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 548,644 $ 730,083
Accounts receivable, net 7,378,453 8,125,588
Inventories 3,572,714 3,302,518
Other current assets 267,402 256,028
Total current assets 11,767,213 12,414,217
Property, plant, and equipment, at cost:    
Land 13,288 12,866
Buildings and improvements 163,901 160,664
Machinery and equipment 1,362,693 1,330,730
Property, plant, and equipment, gross 1,539,882 1,504,260
Less: Accumulated depreciation and amortization (690,015) (665,785)
Property, plant, and equipment, net 849,867 838,475
Investments in affiliated companies 88,166 88,347
Intangible assets, net 348,378 286,215
Goodwill [1] 2,703,542 2,470,047
Other assets 367,639 361,966
Total assets 16,124,805 16,459,267
LIABILITIES AND EQUITY    
Accounts payable 6,110,752 6,756,830
Accrued expenses 806,122 841,675
Short-term borrowings, including current portion of long-term debt 38,220 356,806
Total current liabilities 6,955,094 7,955,311
Long-term debt 3,533,050 2,933,045
Other liabilities 487,847 572,971
Equity:    
Issued - 125,424 shares in both 2018 and 2017 125,424 125,424
Capital in excess of par value 1,105,108 1,114,167
Treasury stock (37,804 and 37,733 shares in 2018 and 2017, respectively), at cost (1,787,653) (1,762,239)
Retained earnings 5,758,234 5,596,786
Accumulated other comprehensive loss (101,505) (124,883)
Total shareholders' equity 5,099,608 4,949,255
Noncontrolling interests 49,206 48,685
Total equity 5,148,814 4,997,940
Total liabilities and equity $ 16,124,805 $ 16,459,267
[1] The total carrying value of goodwill for all periods in the table above is reflected net of $1,026,702 of accumulated impairment charges, of which $716,925 was recorded in the global components business segment and $309,777 was recorded in the global ECS business segment.