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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 188,807 $ 218,053
Accounts receivable, net 13,030,991 12,238,073
Inventories 4,709,706 5,187,225
Other current assets 471,909 684,126
Total current assets 18,401,413 18,327,477
Property, plant, and equipment, at cost:    
Land 5,691 5,691
Buildings and improvements 194,061 195,579
Machinery and equipment 1,623,228 1,632,606
Property, plant, and equipment, gross 1,822,980 1,833,876
Less: Accumulated depreciation and amortization (1,353,720) (1,303,136)
Property, plant, and equipment, net 469,260 530,740
Investments in affiliated companies 57,299 62,741
Intangible assets, net 96,706 127,440
Goodwill 2,055,295 2,050,426
Other assets 677,734 627,344
Total assets 21,757,707 21,726,168
LIABILITIES AND EQUITY    
Accounts payable 11,047,470 10,070,015
Accrued expenses 1,238,714 1,463,915
Short-term borrowings, including current portion of long-term debt 349,978 1,653,954
Total current liabilities 12,636,162 13,187,884
Long-term debt 2,773,783 2,153,553
Other liabilities 516,234 507,424
Contingencies (Note 15)
Equity:    
Common stock, par value $1: Authorized - 160,000 shares in both 2024 and 2023 Issued - 55,592 and 57,691 shares in 2024 and 2023, respectively 55,592 57,691
Capital in excess of par value 562,080 553,340
Treasury stock (3,420 and 3,880 shares in 2024 and 2023, respectively), at cost (328,078) (297,745)
Retained earnings 5,980,826 5,790,217
Accumulated other comprehensive loss (509,269) (298,039)
Total shareholders' equity 5,761,151 5,805,464
Noncontrolling interests 70,377 71,843
Total equity 5,831,528 5,877,307
Total liabilities and equity $ 21,757,707 $ 21,726,168