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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 373,615 $ 300,103
Accounts receivable, net 9,205,343 8,482,687
Inventories 3,287,308 3,477,120
Other current assets 286,633 266,249
Total current assets 13,152,899 12,526,159
Property, plant, and equipment, at cost:    
Land 7,940 7,793
Buildings and improvements 207,614 173,370
Machinery and equipment 1,553,371 1,481,525
Property, plant, and equipment, gross 1,768,925 1,662,688
Less: Accumulated depreciation and amortization (969,320) (859,578)
Property, plant, and equipment, net 799,605 803,110
Investments in affiliated companies 76,358 86,942
Intangible assets, net 233,819 271,903
Goodwill [1] 2,115,469 2,061,322
Other assets 675,761 651,360
Total assets 17,053,911 16,400,796
LIABILITIES AND EQUITY    
Accounts payable 7,937,889 7,046,221
Accrued expenses 1,034,361 880,507
Short-term borrowings, including current portion of long-term debt 158,633 331,431
Total current liabilities 9,130,883 8,258,159
Long-term debt 2,097,940 2,640,129
Other liabilities 676,136 636,115
Commitments and contingencies (Notes 14 and 15)
Equity:    
Issued - 125,424 shares in both 2020 and 2019 125,424 125,424
Capital in excess of par value 1,165,850 1,150,006
Treasury stock (50,581 and 44,804 shares in 2020 and 2019, respectively), at cost (2,776,821) (2,332,548)
Retained earnings 6,679,751 6,131,248
Accumulated other comprehensive loss (104,885) (262,211)
Total shareholders' equity 5,089,319 4,811,919
Noncontrolling interests 59,633 54,474
Total equity 5,148,952 4,866,393
Total liabilities and equity $ 17,053,911 $ 16,400,796
[1] The total carrying value of goodwill of companies acquired as of December 31, 2020 and December 31, 2019 in the table above is reflected net of $1,588,955 of accumulated impairment charges, of which $1,287,100 was recorded in the global components business segment and $301,855 was recorded in the global ECS business segment.