Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 333,547	$ 314,899
Trade accounts receivable, net	2,493,636	2,421,563
Merchandise inventories, net	3,609,389	3,771,089
Prepaid expenses and other current assets	1,139,118	805,342
Total current assets	7,575,690	7,312,893
Goodwill	2,128,776	2,153,988
Other intangible assets, less accumulated amortization	1,411,642	1,400,392
Deferred tax assets	29,509	40,158
Other assets	510,192	568,248
Property, plant, and equipment, net	1,027,231	936,702
Total assets	12,683,040	12,412,381
Current liabilities:
Trade accounts payable	3,995,789	3,634,859
Current portion of debt	711,147	694,989
Other current liabilities	1,088,428	1,045,177
Dividends payable	105,369	99,000
Total current liabilities	5,900,733	5,474,025
Long-term debt	2,432,133	2,550,020
Pension and other post-retirement benefit liabilities	235,228	229,868
Deferred tax liabilities	196,843	193,308
Other long-term liabilities	446,112	501,004
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 - 2018 - 145,936,613 shares and 2017 - 146,652,615 shares	145,937	146,653
Additional paid-in capital	78,380	68,126
Accumulated other comprehensive loss	(1,115,078)	(852,592)
Retained earnings	4,341,212	4,049,965
Total parent equity	3,450,451	3,412,152
Noncontrolling interests in subsidiaries	21,540	52,004
Total equity	3,471,991	3,464,156
Total liabilities and equity	$ 12,683,040	$ 12,412,381