Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 131.2	$ 60.8
Trade receivables (less allowances of $6.9 and $6.2, respectively)	1,109.0	1,096.6
Merchandise inventory	588.5	654.2
Other current assets	56.6	51.7
Total Current Assets	1,885.3	1,863.3
Property, at cost
Land	78.9	79.6
Buildings	504.5	505.5
Furniture and fixtures	255.7	250.4
Software	153.5	168.6
Finance leases	14.6	18.3
Total Property, at cost	1,007.2	1,022.4
Accumulated depreciation and amortization	(600.6)	(597.2)
Net Property	406.6	425.2
Operating Lease Right-of-use Assets	118.8	117.5
Other Non-current Assets	140.5	111.7
Total Assets	2,551.2	2,517.7
Current Liabilities
Short-term borrowings	50.0	138.0
Current portion of long-term debt	2.3	3.8
Trade accounts payable	884.1	832.3
Accrued payroll and benefit costs	121.7	151.1
Other accrued taxes	44.2	24.7
Current operating lease liabilities	31.2	28.6
Other current liabilities	104.4	101.1
Total Current Liabilities	1,237.9	1,279.6
Postretirement Benefits Liability	74.1	69.4
Pension Liability	197.9	164.6
Long-term Debt	5.7	7.8
Non-current Operating Lease Liabilities	95.9	96.2
Other Non-current Liabilities	4.7	2.3
Total Liabilities	1,616.2	1,619.9
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	452.1	449.5
Advance Payments on Subscriptions to Common Stock	21.1	19.9
Less subscriptions receivable	(21.1)	(19.9)
Retained Earnings	725.1	694.0
Accumulated Other Comprehensive Loss	(246.7)	(250.6)
Total Graybar Electric Company, Inc. Shareholders’ Equity	930.5	892.9
Noncontrolling Interests	4.5	4.9
Total Shareholders’ Equity	935.0	897.8
Total Liabilities and Shareholders’ Equity	$ 2,551.2	$ 2,517.7