Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 173.0	$ 69.4
Trade receivables (less allowances of $12.7 and $13.4, respectively)	1,679.6	1,673.0
Merchandise inventory	962.9	1,026.3
Other current assets	82.9	83.7
Total Current Assets	2,898.4	2,852.4
Property, at cost
Land	97.3	97.3
Buildings	572.9	562.1
Furniture and fixtures	288.5	282.9
Software	148.9	148.0
Finance leases	12.8	12.8
Total Property, at cost	1,120.4	1,103.1
Accumulated depreciation and amortization	(651.7)	(641.9)
Net Property	468.7	461.2
Operating Lease Right-of-use Assets	172.8	175.3
Other Non-current Assets	255.8	260.2
Total Assets	3,795.7	3,749.1
Current Liabilities
Short-term borrowings	107.8	31.6
Current portion of long-term debt	1.7	1.6
Trade accounts payable	1,188.9	1,276.8
Accrued payroll and benefit costs	157.9	219.2
Other accrued taxes	32.7	34.3
Current operating lease liabilities	45.1	43.9
Other current liabilities	220.2	213.5
Total Current Liabilities	1,754.3	1,820.9
Postretirement Benefits Liability	55.5	55.5
Pension Liability	133.6	140.8
Long-term Debt	3.5	3.9
Non-current Operating Lease Liabilities	143.2	147.1
Other Non-current Liabilities	55.5	55.3
Total Liabilities	2,145.6	2,223.5
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	538.0	531.8
Advance Payments on Subscriptions to Common Stock	1.2
Retained Earnings	1,257.8	1,141.0
Accumulated Other Comprehensive Loss	(152.5)	(152.8)
Total Graybar Electric Company, Inc. Shareholders’ Equity	1,644.5	1,520.0
Noncontrolling Interests	5.6	5.6
Total Shareholders’ Equity	1,650.1	1,525.6
Total Liabilities and Shareholders’ Equity	$ 3,795.7	$ 3,749.1