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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 242,879,000 $ 211,631,000
Trade accounts receivable, net 1,938,562,000 1,822,419,000
Merchandise inventories, net 3,210,320,000 2,999,966,000
Prepaid expenses and other current assets 556,670,000 521,300,000
Total current assets 5,948,431,000 5,555,316,000
Goodwill 956,153,000 840,582,000
Other intangible assets, less accumulated amortization 618,510,000 521,213,000
Deferred tax assets 132,652,000 118,525,000
Other assets 475,530,000 460,918,000
Property, plant, and equipment:    
Land 92,046,000 85,450,000
Buildings, less accumulated depreciation (2016 — $292,049; 2015 — $282,804) 314,268,000 267,446,000
Machinery and equipment, less accumulated depreciation (2016 — $668,950; 2015 — $620,113) 321,810,000 295,321,000
Net property, plant, and equipment 728,124,000 648,217,000
Total assets 8,859,400,000 8,144,771,000
Current liabilities:    
Trade accounts payable (3,081,111,000) (2,821,526,000)
Current portion of debt 325,000,000 375,000,000
Accrued compensation 142,942,000 148,265,000
Other current liabilities 597,513,000 503,268,000
Dividends payable 97,584,000 92,595,000
Total current liabilities 4,244,150,000 3,940,654,000
Long-term debt 550,000,000 250,000,000
Pension and other post-retirement benefit liabilities 341,510,000 284,235,000
Deferred tax liabilities 48,326,000 50,684,000
Other long-term liabilities 468,058,000 459,956,000
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 148,410,422 shares in 2016 and 150,081,474 shares in 2015 148,410,000 150,081,000
Additional paid-in capital 56,605,000 41,353,000
Accumulated other comprehensive loss (1,013,021,000) (930,618,000)
Retained earnings 4,001,734,000 3,885,751,000
Total parent equity 3,193,728,000 3,146,567,000
Noncontrolling interests in subsidiaries 13,628,000 12,675,000
Total equity 3,207,356,000 3,159,242,000
Total liabilities and equity $ 8,859,400,000 $ 8,144,771,000