CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 28, 2019		Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 262,254		$ 509,327
Accounts receivable, net	7,841,851		8,945,463
Inventories	3,503,481		3,878,678
Other current assets	232,062		274,832
Total current assets	11,839,648		13,608,300
Property, plant, and equipment, at cost:
Land	7,746		7,882
Buildings and improvements	164,544		158,712
Machinery and equipment	1,438,600		1,425,933
Property, plant, and equipment, gross	1,610,890		1,592,527
Less: Accumulated depreciation and amortization	(805,626)		(767,827)
Property, plant, and equipment, net	805,264		824,700
Investments in affiliated companies	85,399		83,693
Intangible assets, net	277,720		372,644
Goodwill	2,041,073	[1]	2,624,690	[2]
Other assets	640,607		270,418
Total assets	15,689,711		17,784,445
Current liabilities:
Accounts payable	6,181,408		7,631,879
Accrued expenses	833,390		912,292
Short-term borrowings, including current portion of long-term debt	356,843		246,257
Total current liabilities	7,371,641		8,790,428
Long-term debt	2,942,293		3,239,115
Other liabilities	631,530		378,536
Equity:
Issued - 125,424 shares in both 2019 and 2018, respectively	125,424		125,424
Capital in excess of par value	1,143,830		1,135,934
Treasury stock (43,660 and 40,233 shares in 2019 and 2018, respectively), at cost	(2,237,884)		(1,972,254)
Retained earnings	6,019,235		6,335,335
Accumulated other comprehensive loss	(359,786)		(299,449)
Total shareholders' equity	4,690,819		5,324,990
Noncontrolling interests	53,428		51,376
Total equity	4,744,247		5,376,366
Total liabilities and equity	$ 15,689,711		$ 17,784,445

[1] The total carrying value of goodwill as of September 28, 2019 in the table above is reflected net of $1,588,955 of accumulated impairment charges, of which $1,287,100 was recorded in the global components business segment and $301,855 was recorded in the ECS business segment.

[2] The total carrying value of goodwill as of December 31, 2018 in the table above is reflected net of $1,018,780 of accumulated impairment charges, of which $716,925 was recorded in the global components business segment and $301,855 was recorded in the global enterprise computing solutions (“ECS”) business segment.