XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 02, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 242,791 $ 222,194
Accounts receivable, net 10,621,942 11,123,946
Inventories 4,645,116 4,201,965
Other current assets 431,635 345,218
Total current assets 15,941,484 15,893,323
Property, plant, and equipment, at cost:    
Land 5,691 5,736
Buildings and improvements 185,000 186,097
Machinery and equipment 1,533,688 1,523,919
Property, plant, and equipment, gross 1,724,379 1,715,752
Less: Accumulated depreciation and amortization (1,066,180) (1,032,941)
Property, plant, and equipment, net 658,199 682,811
Investments in affiliated companies 65,239 63,695
Intangible assets, net 185,753 195,029
Goodwill [1] 2,067,249 2,080,371
Other assets 594,929 620,311
Total assets 19,512,853 19,535,540
LIABILITIES AND EQUITY    
Accounts payable 9,110,391 9,617,084
Accrued expenses 1,243,853 1,326,386
Short-term borrowings, including current portion of long-term debt 317,399 382,619
Total current liabilities 10,671,643 11,326,089
Long-term debt 2,790,819 2,244,443
Other liabilities 621,508 624,162
Commitments and contingencies (Note J)
Equity:    
Issued - 125,424 shares in both 2022 and 2021 125,424 125,424
Capital in excess of par value 1,186,595 1,189,845
Treasury stock (58,987 and 57,358 shares in 2022 and 2021, respectively), at cost (3,861,793) (3,629,265)
Retained earnings 8,152,697 7,787,948
Accumulated other comprehensive loss (232,969) (191,657)
Total shareholders’ equity 5,369,954 5,282,295
Noncontrolling interests 58,929 58,551
Total equity 5,428,883 5,340,846
Total liabilities and equity $ 19,512,853 $ 19,535,540
[1] The total carrying value of goodwill as of April 2, 2022 and December 31, 2021 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 global enterprise computing solutions ("ECS") business segment.