Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 55.4	$ 48.5
Trade receivables (less allowances of $9.5 and $9.1, respectively)	1,675.7	1,407.6
Merchandise inventory	994.9	808.4
Other current assets	75.5	54.8
Total Current Assets	2,801.5	2,319.3
Property, at cost
Land	97.3	97.6
Buildings	551.5	534.1
Furniture and fixtures	275.1	261.7
Software	153.1	151.4
Finance leases	14.8	14.0
Total Property, at cost	1,091.8	1,058.8
Accumulated depreciation and amortization	(646.4)	(622.1)
Net Property	445.4	436.7
Operating Lease Right-of-use Assets	159.3	133.1
Other Non-current Assets	191.6	179.9
Total Assets	3,597.8	3,069.0
Current Liabilities
Short-term borrowings	41.2	124.2
Current portion of long-term debt	1.6	1.9
Trade accounts payable	1,294.9	1,055.4
Accrued payroll and benefit costs	165.5	187.8
Other accrued taxes	47.6	42.8
Current operating lease liabilities	38.3	34.0
Other current liabilities	173.7	142.9
Total Current Liabilities	1,762.8	1,589.0
Postretirement Benefits Liability	68.1	68.5
Pension Liability	131.0	159.1
Long-term Debt	4.1	4.2
Non-current Operating Lease Liabilities	135.0	107.5
Other Non-current Liabilities	10.9	8.8
Total Liabilities	2,111.9	1,937.1
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	462.1	456.7
Advanced Payments on Subscriptions to Common Stock	1.0
Retained Earnings	1,185.3	850.3
Accumulated Other Comprehensive Loss	(167.8)	(180.5)
Total Graybar Electric Company, Inc. Shareholders’ Equity	1,480.6	1,126.5
Noncontrolling Interests	5.3	5.4
Total Shareholders’ Equity	1,485.9	1,131.9
Total Liabilities and Shareholders’ Equity	$ 3,597.8	$ 3,069.0