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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 29, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 231,882 $ 188,807
Accounts receivable, net 12,423,635 13,030,991
Inventories 4,798,563 4,709,706
Other current assets 578,311 471,909
Total current assets 18,032,391 18,401,413
Property, plant, and equipment, at cost:    
Land 5,691 5,691
Buildings and improvements 198,244 194,061
Machinery and equipment 1,657,451 1,623,228
Property, plant, and equipment, gross 1,861,386 1,822,980
Less: Accumulated depreciation and amortization (1,389,915) (1,353,720)
Property, plant, and equipment, net 471,471 469,260
Investments in affiliated companies 59,112 57,299
Intangible assets, net 91,377 96,706
Goodwill 2,078,730 2,055,295
Other assets 667,761 677,734
Total assets 21,400,842 21,757,707
LIABILITIES AND EQUITY    
Accounts payable 10,870,733 11,047,470
Accrued expenses 1,201,336 1,238,714
Short-term borrowings, including current portion of long-term debt 530,967 349,978
Total current liabilities 12,603,036 12,636,162
Long-term debt 2,312,521 2,773,783
Other liabilities 487,868 516,234
Contingencies (Note L)
Equity:    
Common stock, par value $1: Authorized - 160,000 shares in both 2025 and 2024 Issued - 55,787 and 55,592 shares in 2025 and 2024, respectively 55,787 55,592
Capital in excess of par value 577,790 562,080
Treasury stock (3,920 and 3,420 shares in 2025 and 2024, respectively), at cost (383,933) (328,078)
Retained earnings 6,060,546 5,980,826
Accumulated other comprehensive loss (385,185) (509,269)
Total shareholders' equity 5,925,005 5,761,151
Noncontrolling interests 72,412 70,377
Total equity 5,997,417 5,831,528
Total liabilities and equity $ 21,400,842 $ 21,757,707