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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 177,917 $ 242,879
Trade accounts receivable, less allowance for doubtful accounts (2017 – $17,023; 2016 – $15,557) 2,084,871 1,938,562
Merchandise inventories, net 3,287,042 3,210,320
Prepaid expenses and other current assets 644,232 556,670
TOTAL CURRENT ASSETS 6,194,062 5,948,431
Goodwill 985,355 956,153
Other intangible assets, less accumulated amortization 623,111 618,510
Deferred tax assets 129,539 132,652
Other assets 497,553 475,530
Property, plant and equipment, less accumulated depreciation (2017 – $981,901; 2016 – $960,999) 737,206 728,124
TOTAL ASSETS 9,166,826 8,859,400
CURRENT LIABILITIES:    
Trade accounts payable 3,230,985 3,081,111
Current portion of debt 475,000 325,000
Dividends payable 99,824 97,584
Income taxes payable 65,270 6,354
Other current liabilities 708,754 734,101
TOTAL CURRENT LIABILITIES 4,579,833 4,244,150
Long-term debt 550,000 550,000
Pension and other post–retirement benefit liabilities 287,589 341,510
Deferred tax liabilities 49,328 48,326
Other long-term liabilities 467,732 468,058
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 - 2017 - 147,394,019 shares; 2016 - 148,410,422 shares 147,394 148,410
Additional paid-in capital 57,664 56,605
Retained earnings 3,964,184 4,001,734
Accumulated other comprehensive loss (950,269) (1,013,021)
TOTAL PARENT EQUITY 3,218,973 3,193,728
Noncontrolling interests in subsidiaries 13,371 13,628
TOTAL EQUITY 3,232,344 3,207,356
TOTAL LIABILITIES AND EQUITY $ 9,166,826 $ 8,859,400