ARROW ELECTRONICS INC
For the period ended Dec 31, 2023. Filed Feb 13, 2024.
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FY2023 · Filed Feb 13, 2024
ARW$191.84+5.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands except par value)
| | | | | | | |
|---|---|---|---|---|---|---|
| | December 31, | |||||
| · 2023 · 2022 | ||||||
| ASSETS · · | ||||||
| Current assets: · · | ||||||
| Cash and cash equivalents | | $218,053 | | $176,915 | ||
| Accounts receivable, net | | 12,238,073 | | 12,322,717 | ||
| Inventories | | 5,187,225 | | 5,319,369 | ||
| Other current assets | | 684,126 | | 521,339 | ||
| Total current assets | | 18,327,477 | | 18,340,340 | ||
| Property, plant, and equipment, at cost: | | | ||||
| Land | | 5,691 | | 5,691 | ||
| Buildings and improvements | | 195,579 | | 184,211 | ||
| Machinery and equipment | | 1,632,606 | | 1,583,661 | ||
| | | 1,833,876 | | 1,773,563 | ||
| Less: Accumulated depreciation and amortization | | (1,303,136) | | (1,177,107) | ||
| Property, plant, and equipment, net | | 530,740 | | 596,456 | ||
| Investments in affiliated companies | | 62,741 | | 65,112 | ||
| Intangible assets, net | | 127,440 | | 159,137 | ||
| Goodwill | | 2,050,426 | | 2,027,626 | ||
| Other assets | | 627,344 | | 574,511 | ||
| Total assets | | $21,726,168 | | $21,763,182 | ||
| LIABILITIES AND EQUITY | | | ||||
| Current liabilities: | | | ||||
| Accounts payable | | $10,070,015 | | $10,460,419 | ||
| Accrued expenses | | 1,463,915 | | 1,339,302 | ||
| Short-term borrowings, including current portion of long-term debt | | 1,653,954 | | 589,883 | ||
| Total current liabilities | | 13,187,884 | | 12,389,604 | ||
| Long-term debt | | 2,153,553 | | 3,182,964 | ||
| Other liabilities | | 507,424 | | 579,261 | ||
| Contingencies (Note 15) | | | | | | |
| Equity: | | | ||||
| Shareholders’ equity: | | | ||||
| Common stock, par value $1: | | | ||||
| Authorized - 160,000 shares in both 2023 and 2022 | | | ||||
| Issued - 57,691 and 125,424 shares in 2023 and 2022, respectively | | 57,691 | | 125,424 | ||
| Capital in excess of par value | | 553,340 | | 1,208,708 | ||
| Treasury stock (3,880 and 66,175 shares in 2023 and 2022, respectively), at cost | | (297,745) | | (4,637,345) | ||
| Retained earnings | | 5,790,217 | | 9,214,832 | ||
| Accumulated other comprehensive loss | | (298,039) | | (365,262) | ||
| Total shareholders’ equity | | 5,805,464 | | 5,546,357 | ||
| Noncontrolling interests | | 71,843 | | 64,996 | ||
| Total equity | | 5,877,307 | | 5,611,353 | ||
| Total liabilities and equity | | $21,726,168 | | $21,763,182 | ||
Index
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.