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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 534,320 $ 273,090
Accounts receivable, net 6,746,687 6,161,418
Inventories, net 2,855,645 2,466,490
Other current assets 180,069 285,473
Total current assets 10,316,721 9,186,471
Property, plant, and equipment, at cost:    
Land 23,456 23,547
Buildings and improvements 175,141 162,011
Machinery and equipment 1,297,657 1,250,115
Property, plant, and equipment, gross 1,496,254 1,435,673
Less: Accumulated depreciation and amortization (739,955) (735,495)
Property, plant, and equipment, net 756,299 700,178
Investments in affiliated companies 88,401 73,376
Intangible assets, net 336,882 389,326
Goodwill [1] 2,392,220 2,368,832
Other assets 315,843 303,747
Total assets 14,206,366 13,021,930
LIABILITIES AND EQUITY    
Accounts payable 5,774,151 5,192,665
Accrued expenses 821,244 819,463
Short-term borrowings, including current portion of long-term debt 93,827 44,024
Total current liabilities 6,689,222 6,056,152
Long-term debt 2,696,334 2,380,575
Other liabilities 355,190 390,392
Commitments and Contingencies (Note 14 and 15)
Equity:    
Issued - 125,424 shares in both 2016 and 2015 125,424 125,424
Capital in excess of par value 1,112,114 1,107,314
Treasury stock (36,511 and 34,501 shares in 2016 and 2015, respectively), at cost (1,637,476) (1,480,069)
Retained earnings 5,197,230 4,674,480
Accumulated Other Comprehensive Loss (383,854) (284,706)
Total shareholders' equity 4,413,438 4,142,443
Noncontrolling interests 52,182 52,368
Total equity 4,465,620 4,194,811
Total liabilities and equity $ 14,206,366 $ 13,021,930
[1] The total carrying value of goodwill of companies acquired for all periods in the table above is reflected net of $1,018,780 of accumulated impairment charges, of which $716,925 was recorded in the global components business segment and $301,855 was recorded in the global ECS business segment.