Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 79.0	$ 48.5
Trade receivables (less allowances of $9.2 and $9.1, respectively)	1,594.6	1,407.6
Merchandise inventory	949.4	808.4
Other current assets	66.1	54.8
Total Current Assets	2,689.1	2,319.3
Property, at cost
Land	97.5	97.6
Buildings	542.3	534.1
Furniture and fixtures	272.0	261.7
Software	152.7	151.4
Finance leases	14.7	14.0
Total Property, at cost	1,079.2	1,058.8
Accumulated depreciation and amortization	(640.4)	(622.1)
Net Property	438.8	436.7
Operating Lease Right-of-use Assets	143.5	133.1
Other Non-current Assets	177.1	179.9
Total Assets	3,448.5	3,069.0
Current Liabilities
Short-term borrowings	82.2	124.2
Current portion of long-term debt	1.8	1.9
Trade accounts payable	1,305.9	1,055.4
Accrued payroll and benefit costs	128.0	187.8
Other accrued taxes	38.7	42.8
Current operating lease liabilities	35.5	34.0
Other current liabilities	147.6	142.9
Total Current Liabilities	1,739.7	1,589.0
Postretirement Benefits Liability	68.3	68.5
Pension Liability	147.9	159.1
Long-term Debt	4.4	4.2
Non-current Operating Lease Liabilities	118.5	107.5
Other Non-current Liabilities	9.2	8.8
Total Liabilities	2,088.0	1,937.1
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	462.5	456.7
Advanced Payments on Subscriptions to Common Stock	0.5
Retained Earnings	1,066.2	850.3
Accumulated Other Comprehensive Loss	(174.1)	(180.5)
Total Graybar Electric Company, Inc. Shareholders’ Equity	1,355.1	1,126.5
Noncontrolling Interests	5.4	5.4
Total Shareholders’ Equity	1,360.5	1,131.9
Total Liabilities and Shareholders’ Equity	$ 3,448.5	$ 3,069.0