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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 01, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 333,985 $ 222,194
Accounts receivable, net 11,218,611 11,123,946
Inventories 5,083,378 4,201,965
Other current assets 495,145 345,218
Total current assets 17,131,119 15,893,323
Property, plant, and equipment, at cost:    
Land 5,691 5,736
Buildings and improvements 184,091 186,097
Machinery and equipment 1,544,457 1,523,919
Property, plant, and equipment, gross 1,734,239 1,715,752
Less: Accumulated depreciation and amortization (1,138,372) (1,032,941)
Property, plant, and equipment, net 595,867 682,811
Investments in affiliated companies 66,358 63,695
Intangible assets, net 166,388 195,029
Goodwill [1] 1,979,233 2,080,371
Other assets 566,764 620,311
Total assets 20,505,729 19,535,540
LIABILITIES AND EQUITY    
Accounts payable 9,540,449 9,617,084
Accrued expenses 1,273,097 1,326,386
Short-term borrowings, including current portion of long-term debt 604,521 382,619
Total current liabilities 11,418,067 11,326,089
Long-term debt 3,187,025 2,244,443
Other liabilities 597,951 624,162
Commitments and contingencies (Note K)
Equity:    
Issued - 125,424 shares in both 2022 and 2021 125,424 125,424
Capital in excess of par value 1,201,185 1,189,845
Treasury stock (63,324 and 57,358 shares in 2022 and 2021, respectively), at cost (4,338,414) (3,629,265)
Retained earnings 8,865,430 7,787,948
Accumulated other comprehensive loss (607,878) (191,657)
Total shareholders’ equity 5,245,747 5,282,295
Noncontrolling interests 56,939 58,551
Total equity 5,302,686 5,340,846
Total liabilities and equity $ 20,505,729 $ 19,535,540
[1] The total carrying value of goodwill as of October 1, 2022 and December 31, 2021 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.