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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 205,554 $ 176,915
Accounts receivable, net 10,655,863 12,322,717
Inventories 5,525,782 5,319,369
Other current assets 479,650 521,339
Total current assets 16,866,849 18,340,340
Property, plant, and equipment, at cost:    
Land 5,691 5,691
Buildings and improvements 185,790 184,211
Machinery and equipment 1,602,073 1,583,661
Property, plant, and equipment, gross 1,793,554 1,773,563
Less: Accumulated depreciation and amortization (1,214,103) (1,177,107)
Property, plant, and equipment, net 579,451 596,456
Investments in affiliated companies 59,682 65,112
Intangible assets, net 151,221 159,137
Goodwill [1] 2,036,077 2,027,626
Other assets 583,252 574,511
Total assets 20,276,532 21,763,182
LIABILITIES AND EQUITY    
Accounts payable 8,976,296 10,460,419
Accrued expenses 1,269,536 1,339,302
Short-term borrowings, including current portion of long-term debt 144,264 589,883
Total current liabilities 10,390,096 12,389,604
Long-term debt 3,719,056 3,182,964
Other liabilities 567,200 579,261
Equity:    
Issued - 125,424 shares in both 2023 and 2022 125,424 125,424
Capital in excess of par value 1,203,134 1,208,708
Treasury stock (68,426 and 66,175 shares in 2023 and 2022, respectively), at cost (4,925,140) (4,637,345)
Retained earnings 9,488,582 9,214,832
Accumulated other comprehensive loss (361,468) (365,262)
Total shareholders’ equity 5,530,532 5,546,357
Noncontrolling interests 69,648 64,996
Total equity 5,600,180 5,611,353
Total liabilities and equity $ 20,276,532 $ 21,763,182
[1] The total carrying value of goodwill as of April 1, 2023 and December 31, 2022 in the table above is reflected net of $1.6 billion of accumulated impairment charges, of which $1.3 billion was recorded in the global components business segment and $301.9 million was recorded in the global enterprise computing solutions ("ECS") business segment.