Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current Assets
Cash and cash equivalents	$ 132.4	$ 131.2
Trade receivables (less allowances of $7.3 and $6.9, respectively)	1,384.5	1,109.0
Merchandise inventory	769.5	588.5
Other current assets	54.7	56.6
Total Current Assets	2,341.1	1,885.3
Property, at cost
Land	81.2	78.9
Buildings	517.5	504.5
Furniture and fixtures	257.0	255.7
Software	150.7	153.5
Property, at cost	14.2	14.6
Total Property, at cost	1,020.6	1,007.2
Accumulated depreciation and amortization	(612.0)	(600.6)
Net Property	408.6	406.6
Operating Lease Right-of-use Assets	120.5	118.8
Other Non-current Assets	137.0	140.5
Total Assets	3,007.2	2,551.2
Current Liabilities
Short-term borrowings	5.5	50.0
Current portion of long-term debt	2.1	2.3
Trade accounts payable	1,137.2	884.1
Accrued payroll and benefit costs	131.8	121.7
Other accrued taxes	51.1	44.2
Current operating lease liabilities	31.6	31.2
Other current liabilities	132.7	104.4
Total Current Liabilities	1,492.0	1,237.9
Postretirement Benefits Liability	73.5	74.1
Pension Liability	163.9	197.9
Long-term Debt	4.4	5.7
Non-current Operating Lease Liabilities	97.6	95.9
Other Non-current Liabilities	6.6	4.7
Total Liabilities	1,838.0	1,616.2
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	456.5	452.1
Advance Payments on Subscriptions to Common Stock	1.1
Retained Earnings	906.1	725.1
Accumulated Other Comprehensive Loss	(200.1)	(246.7)
Total Graybar Electric Company, Inc. Shareholders’ Equity	1,163.6	930.5
Noncontrolling Interests	5.6	4.5
Total Shareholders’ Equity	1,169.2	935.0
Total Liabilities and Shareholders’ Equity	$ 3,007.2	$ 2,551.2