Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Current Assets
Cash and cash equivalents	$ 108.3	$ 131.2
Trade receivables (less allowances of $7.2 and $6.9, respectively)	1,290.3	1,109.0
Merchandise inventory	732.4	588.5
Other current assets	57.4	56.6
Total Current Assets	2,188.4	1,885.3
Property, at cost
Land	81.4	78.9
Buildings	513.3	504.5
Furniture and fixtures	256.5	255.7
Software	156.1	153.5
Finance leases	14.3	14.6
Total Property, at cost	1,021.6	1,007.2
Accumulated depreciation and amortization	(614.6)	(600.6)
Net Property	407.0	406.6
Operating Lease Right-of-use Assets	121.6	118.8
Other Non-current Assets	150.8	140.5
Total Assets	2,867.8	2,551.2
Current Liabilities
Short-term borrowings		50.0
Current portion of long-term debt	2.2	2.3
Trade accounts payable	1,115.6	884.1
Accrued payroll and benefit costs	100.0	121.7
Other accrued taxes	46.3	44.2
Current operating lease liabilities	32.0	31.2
Other current liabilities	131.8	104.4
Total Current Liabilities	1,427.9	1,237.9
Postretirement Benefits Liability	73.8	74.1
Pension Liability	188.0	197.9
Long-term Debt	4.8	5.7
Non-current Operating Lease Liabilities	98.6	95.9
Other Non-current Liabilities	5.2	4.7
Total Liabilities	1,798.3	1,616.2
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	456.3	452.1
Advance Payments on Subscriptions to Common Stock	0.6
Retained Earnings	838.7	725.1
Accumulated Other Comprehensive Loss	(230.5)	(246.7)
Total Graybar Electric Company, Inc. Shareholders’ Equity	1,065.1	930.5
Noncontrolling Interests	4.4	4.5
Total Shareholders’ Equity	1,069.5	935.0
Total Liabilities and Shareholders’ Equity	$ 2,867.8	$ 2,551.2