Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 90.4	$ 98.6
Trade receivables (less allowances of $15.2 and $13.6, respectively)	1,820.3	1,657.3
Merchandise inventory	902.2	908.4
Other current assets	87.0	79.6
Total Current Assets	2,899.9	2,743.9
Property, at cost
Land	95.4	97.4
Buildings	577.9	598.7
Furniture and fixtures	342.3	310.3
Software	154.4	158.7
Finance leases	6.8	13.4
Total Property, at cost	1,176.8	1,178.5
Accumulated depreciation and amortization	(698.9)	(678.6)
Net Property	477.9	499.9
Operating Lease Right-of-use Assets	232.9	219.2
Goodwill	232.2	179.0
Intangible Assets (less accumulated amortization of $62.1 and $38.0, respectively)	310.5	261.9
Other Non-current Assets	153.8	102.2
Total Assets	4,307.2	4,006.1
Current Liabilities
Short-term borrowings	22.0
Trade accounts payable	1,294.0	1,255.3
Accrued payroll and benefit costs	207.5	192.1
Current operating lease liabilities	55.7	51.9
Other current liabilities	246.5	224.0
Total Current Liabilities	1,825.7	1,723.3
Postretirement Benefits Liability	54.1	55.9
Pension Liability	129.0	107.3
Non-current Operating Lease Liabilities	194.9	183.4
Other Non-current Liabilities	55.9	47.9
Total Liabilities	2,259.6	2,117.8
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	642.7	641.3
Common shares subscribed	27.1	27.0
Less subscriptions receivable	(27.1)	(27.0)
Retained Earnings	1,614.9	1,417.1
Accumulated Other Comprehensive Loss	(217.7)	(177.9)
Total Graybar Electric Company, Inc. Shareholders’ Equity	2,039.9	1,880.5
Noncontrolling Interests	7.7	7.8
Total Shareholders’ Equity	2,047.6	1,888.3
Total Liabilities and Shareholders’ Equity	$ 4,307.2	$ 4,006.1