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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 03, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 227,701 $ 373,615
Accounts receivable, net 8,503,010 9,205,343
Inventories 3,275,389 3,287,308
Other current assets 360,968 286,633
Total current assets 12,367,068 13,152,899
Property, plant, and equipment, at cost:    
Land 5,691 7,940
Buildings and improvements 177,615 207,614
Machinery and equipment 1,521,489 1,553,371
Property, plant, and equipment, gross 1,704,795 1,768,925
Less: Accumulated depreciation and amortization (957,257) (969,320)
Property, plant, and equipment, net 747,538 799,605
Investments in affiliated companies 77,330 76,358
Intangible assets, net 223,848 233,819
Goodwill [1] 2,101,938 2,115,469
Other assets 655,838 675,761
Total assets 16,173,560 17,053,911
LIABILITIES AND EQUITY    
Accounts payable 7,045,759 7,937,889
Accrued expenses 985,928 1,034,361
Short-term borrowings, including current portion of long-term debt 361,327 158,633
Total current liabilities 8,393,014 9,130,883
Long-term debt 1,903,848 2,097,940
Other liabilities 662,252 676,136
Commitments and contingencies (Note J)
Equity:    
Issued - 125,424 shares in both 2021 and 2020 125,424 125,424
Capital in excess of par value 1,166,554 1,165,850
Treasury stock (51,426 and 50,581 shares in 2021 and 2020, respectively), at cost (2,898,830) (2,776,821)
Retained earnings 6,886,072 6,679,751
Accumulated other comprehensive loss (123,461) (104,885)
Total shareholders’ equity 5,155,759 5,089,319
Noncontrolling interests 58,687 59,633
Total equity 5,214,446 5,148,952
Total liabilities and equity $ 16,173,560 $ 17,053,911
[1] The total carrying value of goodwill as of April 3, 2021 and December 31, 2020 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 enterprise computing solutions ("ECS") business segment.