Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 202.4	$ 98.6
Trade receivables (less allowances of $13.7 and $13.6, respectively)	1,813.4	1,657.3
Merchandise inventory	893.2	908.4
Other current assets	102.3	79.6
Total Current Assets	3,011.3	2,743.9
Property, at cost
Land	96.0	97.4
Buildings	585.8	598.7
Furniture and fixtures	335.6	310.3
Software	161.1	158.7
Finance leases	7.2	13.4
Total Property, at cost	1,185.7	1,178.5
Accumulated depreciation and amortization	(700.2)	(678.6)
Net Property	485.5	499.9
Operating Lease Right-of-use Assets	222.2	219.2
Goodwill	230.9	179.0
Intangible Assets (less accumulated amortization of $55.8 and $38.0, respectively)	319.1	261.9
Other Non-current Assets	130.2	102.2
Total Assets	4,399.2	4,006.1
Current Liabilities
Trade accounts payable	1,376.4	1,255.3
Accrued payroll and benefit costs	173.4	192.1
Current operating lease liabilities	54.8	51.9
Other current liabilities	234.1	224.0
Total Current Liabilities	1,838.7	1,723.3
Postretirement Benefits Liability	56.2	55.9
Pension Liability	83.2	107.3
Non-current Operating Lease Liabilities	184.6	183.4
Other Non-current Liabilities	46.7	47.9
Total Liabilities	2,209.4	2,117.8
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	643.7	641.3
Advance Payments on Subscriptions to Common Stock	1.4
Retained Earnings	1,713.8	1,417.1
Accumulated Other Comprehensive Loss	(177.2)	(177.9)
Total Graybar Electric Company, Inc. Shareholders’ Equity	2,181.7	1,880.5
Noncontrolling Interests	8.1	7.8
Total Shareholders’ Equity	2,189.8	1,888.3
Total Liabilities and Shareholders’ Equity	$ 4,399.2	$ 4,006.1