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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 225,177 $ 211,631
Trade accounts receivable, less allowance for doubtful accounts (2016 – $14,064; 2015 – $10,693) 2,032,548 1,822,419
Merchandise inventories, net – at lower of cost or market 3,146,157 2,999,966
Prepaid expenses and other current assets 504,600 521,300
TOTAL CURRENT ASSETS 5,908,482 5,555,316
Goodwill 950,305 840,582
Other intangible assets, less accumulated amortization 600,130 521,213
Deferred tax assets 109,679 118,525
Other assets 491,925 460,918
Property, plant and equipment, less accumulated depreciation (2016 – $962,480; 2015 – $902,917) 688,851 648,217
TOTAL ASSETS 8,749,372 8,144,771
CURRENT LIABILITIES:    
Trade accounts payable 3,099,438 2,821,526
Current portion of debt 475,000 375,000
Dividends payable 97,955 92,595
Income taxes payable 32,594 6,762
Other current liabilities 696,544 644,771
TOTAL CURRENT LIABILITIES 4,401,531 3,940,654
Long-term debt 300,000 250,000
Pension and other post–retirement benefit liabilities 202,131 284,235
Deferred tax liabilities 51,472 50,684
Other long-term liabilities 458,944 459,956
EQUITY:    
Preferred stock, par value – $1 per share, Authorized - 10,000,000 shares - None issued 0 0
Common stock, par value - $1 per share, Authorized – 450,000,000 shares - Issued and outstanding – 2016 – 148,913,877 shares; 2015 – 150,081,474 shares 148,737 150,081
Additional paid-in capital 55,001 41,353
Retained earnings 3,983,984 3,885,751
Accumulated other comprehensive loss (865,510) (930,618)
TOTAL PARENT EQUITY 3,322,212 3,146,567
Noncontrolling interests in subsidiaries 13,082 12,675
TOTAL EQUITY 3,335,294 3,159,242
TOTAL LIABILITIES AND EQUITY $ 8,749,372 $ 8,144,771