XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.24.3

Segment Information (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Information about the Company’s segments is as follows:
| Corporate |  | Small Business |  | Public |  | Other |  | Headquarters |  | Total
Three Months Ended September 30, 2024 |  |  |  |  |  |  |  |  |  |  |
Net sales | $ | 2,161.2 |  |  | $ | 379.7 |  |  | $ | 2,335.7 |  |  | $ | 640.0 |  |  | $ | — |  |  | $ | 5,516.6 |
Operating income (loss) | 209.0 |  |  | 45.6 |  |  | 240.2 |  |  | 32.5 |  |  | (45.7) |  |  | 481.6 |
Depreciation and amortization expense | (18.8) |  |  | (0.9) |  |  | (14.2) |  |  | (6.9) |  |  | (28.3) |  |  | (69.1) |
Three Months Ended September 30, 2023 |  |  |  |  |  |  |  |  |  |  |
Net sales | $ | 2,226.5 |  |  | $ | 378.4 |  |  | $ | 2,422.1 |  |  | $ | 601.3 |  |  | $ | — |  |  | $ | 5,628.3 |
Operating income (loss) | 211.1 |  |  | 45.3 |  |  | 237.1 |  |  | 30.3 |  |  | (45.4) |  |  | 478.4 |
Depreciation and amortization expense | (19.8) |  |  | (1.2) |  |  | (13.7) |  |  | (7.4) |  |  | (23.9) |  |  | (66.0) |
Nine Months Ended September 30, 2024 |  |  |  |  |  |  |  |  |  |  |
Net sales | $ | 6,492.3 |  |  | $ | 1,143.5 |  |  | $ | 6,303.7 |  |  | $ | 1,873.2 |  |  | $ | — |  |  | $ | 15,812.7 |
Operating income (loss) | 584.0 |  |  | 137.7 |  |  | 575.4 |  |  | 82.0 |  |  | (136.4) |  |  | 1,242.7 |
Depreciation and amortization expense | (57.9) |  |  | (2.7) |  |  | (41.9) |  |  | (21.1) |  |  | (82.2) |  |  | (205.8) |
Nine Months Ended September 30, 2023 |  |  |  |  |  |  |  |  |  |  |
Net sales | $ | 6,675.2 |  |  | $ | 1,186.0 |  |  | $ | 6,530.0 |  |  | $ | 1,966.3 |  |  | $ | — |  |  | $ | 16,357.5 |
Operating income (loss) | 610.9 |  |  | 129.2 |  |  | 574.9 |  |  | 99.2 |  |  | (168.3) |  |  | 1,245.9 |
Depreciation and amortization expense | (62.2) |  |  | (3.6) |  |  | (44.1) |  |  | (22.7) |  |  | (70.0) |  |  | (202.6) |
Schedule of Disaggregation of Revenue | Geographic Areas and Revenue Mix
| Three Months Ended September 30, 2024
| Corporate |  | Small Business |  | Public |  | Other |  | Total
Geography(1) |  |  |  |  |  |  |  |  |
United States | $ | 2,149.4 |  |  | $ | 373.0 |  |  | $ | 2,333.8 |  |  | $ | 6.9 |  |  | $ | 4,863.1 |
Rest of World | 11.8 |  |  | 6.7 |  |  | 1.9 |  |  | 633.1 |  |  | 653.5 |
Total Net sales | $ | 2,161.2 |  |  | $ | 379.7 |  |  | $ | 2,335.7 |  |  | $ | 640.0 |  |  | $ | 5,516.6 |
Major Product and Services |  |  |  |  |  |  |  |  |
Hardware | $ | 1,468.6 |  |  | $ | 294.7 |  |  | $ | 1,742.8 |  |  | $ | 452.5 |  |  | $ | 3,958.6 |
Software | 458.4 |  |  | 60.3 |  |  | 427.0 |  |  | 102.6 |  |  | 1,048.3 |
Services | 218.9 |  |  | 20.4 |  |  | 161.0 |  |  | 81.6 |  |  | 481.9 |
Other(2) | 15.3 |  |  | 4.3 |  |  | 4.9 |  |  | 3.3 |  |  | 27.8 |
Total Net sales | $ | 2,161.2 |  |  | $ | 379.7 |  |  | $ | 2,335.7 |  |  | $ | 640.0 |  |  | $ | 5,516.6 |
Sales by Channel |  |  |  |  |  |  |  |  |
Corporate | $ | 2,161.2 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,161.2 |
Small Business | — |  |  | 379.7 |  |  | — |  |  | — |  |  | 379.7 |
Government | — |  |  | — |  |  | 691.0 |  |  | — |  |  | 691.0 |
Education | — |  |  | — |  |  | 995.7 |  |  | — |  |  | 995.7 |
Healthcare | — |  |  | — |  |  | 649.0 |  |  | — |  |  | 649.0 |
Other | — |  |  | — |  |  | — |  |  | 640.0 |  |  | 640.0 |
Total Net sales | $ | 2,161.2 |  |  | $ | 379.7 |  |  | $ | 2,335.7 |  |  | $ | 640.0 |  |  | $ | 5,516.6 |
Timing of Revenue Recognition |  |  |  |  |  |  |  |  |
Transferred at a point in time where CDW is principal | $ | 1,799.8 |  |  | $ | 328.1 |  |  | $ | 2,053.4 |  |  | $ | 539.7 |  |  | $ | 4,721.0 |
Transferred at a point in time where CDW is agent | 197.5 |  |  | 37.0 |  |  | 160.0 |  |  | 33.6 |  |  | 428.1 |
Transferred over time where CDW is principal | 163.9 |  |  | 14.6 |  |  | 122.3 |  |  | 66.7 |  |  | 367.5 |
Total Net sales | $ | 2,161.2 |  |  | $ | 379.7 |  |  | $ | 2,335.7 |  |  | $ | 640.0 |  |  | $ | 5,516.6 |
(1)Net sales by geography is generally based on the ship-to address with the exception of certain services that may be performed at, or on behalf of, multiple locations. Such service arrangements are categorized based on the bill-to address.
(2)Includes items such as delivery charges to customers.
| Three Months Ended September 30, 2023
| Corporate |  | Small Business |  | Public |  | Other |  | Total
Geography(1) |  |  |  |  |  |  |  |  |
United States | $ | 2,206.8 |  |  | $ | 370.3 |  |  | $ | 2,419.4 |  |  | $ | 7.3 |  |  | $ | 5,003.8 |
Rest of World | 19.7 |  |  | 8.1 |  |  | 2.7 |  |  | 594.0 |  |  | 624.5 |
Total Net sales | $ | 2,226.5 |  |  | $ | 378.4 |  |  | $ | 2,422.1 |  |  | $ | 601.3 |  |  | $ | 5,628.3 |
Major Product and Services |  |  |  |  |  |  |  |  |
Hardware | $ | 1,570.8 |  |  | $ | 300.4 |  |  | $ | 1,883.4 |  |  | $ | 426.8 |  |  | $ | 4,181.4 |
Software | 423.6 |  |  | 59.5 |  |  | 407.1 |  |  | 106.8 |  |  | 997.0 |
Services | 216.5 |  |  | 13.9 |  |  | 126.5 |  |  | 64.4 |  |  | 421.3 |
Other(2) | 15.6 |  |  | 4.6 |  |  | 5.1 |  |  | 3.3 |  |  | 28.6 |
Total Net sales | $ | 2,226.5 |  |  | $ | 378.4 |  |  | $ | 2,422.1 |  |  | $ | 601.3 |  |  | $ | 5,628.3 |
Sales by Channel |  |  |  |  |  |  |  |  |
Corporate | $ | 2,226.5 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,226.5 |
Small Business | — |  |  | 378.4 |  |  | — |  |  | — |  |  | 378.4 |
Government | — |  |  | — |  |  | 775.7 |  |  | — |  |  | 775.7 |
Education | — |  |  | — |  |  | 1,026.7 |  |  | — |  |  | 1,026.7 |
Healthcare | — |  |  | — |  |  | 619.7 |  |  | — |  |  | 619.7 |
Other | — |  |  | — |  |  | — |  |  | 601.3 |  |  | 601.3 |
Total Net sales | $ | 2,226.5 |  |  | $ | 378.4 |  |  | $ | 2,422.1 |  |  | $ | 601.3 |  |  | $ | 5,628.3 |
Timing of Revenue Recognition |  |  |  |  |  |  |  |  |
Transferred at a point in time where CDW is principal | $ | 1,861.9 |  |  | $ | 333.1 |  |  | $ | 2,169.3 |  |  | $ | 520.3 |  |  | $ | 4,884.6 |
Transferred at a point in time where CDW is agent | 192.9 |  |  | 37.1 |  |  | 143.9 |  |  | 25.8 |  |  | 399.7 |
Transferred over time where CDW is principal | 171.7 |  |  | 8.2 |  |  | 108.9 |  |  | 55.2 |  |  | 344.0 |
Total Net sales | $ | 2,226.5 |  |  | $ | 378.4 |  |  | $ | 2,422.1 |  |  | $ | 601.3 |  |  | $ | 5,628.3 |
(1)Net sales by geography is generally based on the ship-to address with the exception of certain services that may be performed at, or on behalf of, multiple locations. Such service arrangements are categorized based on the bill-to address.
(2)Includes items such as delivery charges to customers.
| Nine Months Ended September 30, 2024
| Corporate |  | Small Business |  | Public |  | Other |  | Total
Geography(1) |  |  |  |  |  |  |  |  |
United States | $ | 6,448.0 |  |  | $ | 1,125.9 |  |  | $ | 6,298.6 |  |  | $ | 20.3 |  |  | $ | 13,892.8 |
Rest of World | 44.3 |  |  | 17.6 |  |  | 5.1 |  |  | 1,852.9 |  |  | 1,919.9 |
Total Net sales | $ | 6,492.3 |  |  | $ | 1,143.5 |  |  | $ | 6,303.7 |  |  | $ | 1,873.2 |  |  | $ | 15,812.7 |
Major Product and Services |  |  |  |  |  |  |  |  |
Hardware | $ | 4,466.4 |  |  | $ | 902.0 |  |  | $ | 4,855.4 |  |  | $ | 1,342.8 |  |  | $ | 11,566.6 |
Software | 1,312.1 |  |  | 173.7 |  |  | 992.6 |  |  | 299.9 |  |  | 2,778.3 |
Services | 668.1 |  |  | 54.7 |  |  | 441.6 |  |  | 221.7 |  |  | 1,386.1 |
Other(2) | 45.7 |  |  | 13.1 |  |  | 14.1 |  |  | 8.8 |  |  | 81.7 |
Total Net sales | $ | 6,492.3 |  |  | $ | 1,143.5 |  |  | $ | 6,303.7 |  |  | $ | 1,873.2 |  |  | $ | 15,812.7 |
Sales by Channel |  |  |  |  |  |  |  |  |
Corporate | $ | 6,492.3 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 6,492.3 |
Small Business | — |  |  | 1,143.5 |  |  | — |  |  | — |  |  | 1,143.5 |
Government | — |  |  | — |  |  | 1,873.4 |  |  | — |  |  | 1,873.4 |
Education | — |  |  | — |  |  | 2,609.9 |  |  | — |  |  | 2,609.9 |
Healthcare | — |  |  | — |  |  | 1,820.4 |  |  | — |  |  | 1,820.4 |
Other | — |  |  | — |  |  | — |  |  | 1,873.2 |  |  | 1,873.2 |
Total Net sales | $ | 6,492.3 |  |  | $ | 1,143.5 |  |  | $ | 6,303.7 |  |  | $ | 1,873.2 |  |  | $ | 15,812.7 |
Timing of Revenue Recognition |  |  |  |  |  |  |  |  |
Transferred at a point in time where CDW is principal | $ | 5,409.5 |  |  | $ | 997.0 |  |  | $ | 5,561.3 |  |  | $ | 1,593.8 |  |  | $ | 13,561.6 |
Transferred at a point in time where CDW is agent | 585.5 |  |  | 110.3 |  |  | 402.7 |  |  | 95.6 |  |  | 1,194.1 |
Transferred over time where CDW is principal | 497.3 |  |  | 36.2 |  |  | 339.7 |  |  | 183.8 |  |  | 1,057.0 |
Total Net sales | $ | 6,492.3 |  |  | $ | 1,143.5 |  |  | $ | 6,303.7 |  |  | $ | 1,873.2 |  |  | $ | 15,812.7 |
(1)Net sales by geography is generally based on the ship-to address with the exception of certain services that may be performed at, or on behalf of, multiple locations. Such service arrangements are categorized based on the bill-to address.
(2)Includes items such as delivery charges to customers.
| Nine Months Ended September 30, 2023
| Corporate |  | Small Business |  | Public |  | Other |  | Total
Geography(1) |  |  |  |  |  |  |  |  |
United States | $ | 6,620.0 |  |  | $ | 1,170.6 |  |  | $ | 6,525.8 |  |  | $ | 21.2 |  |  | $ | 14,337.6 |
Rest of World | 55.2 |  |  | 15.4 |  |  | 4.2 |  |  | 1,945.1 |  |  | 2,019.9 |
Total Net sales | $ | 6,675.2 |  |  | $ | 1,186.0 |  |  | $ | 6,530.0 |  |  | $ | 1,966.3 |  |  | $ | 16,357.5 |
Major Product and Services |  |  |  |  |  |  |  |  |
Hardware | $ | 4,686.6 |  |  | $ | 952.6 |  |  | $ | 5,130.8 |  |  | $ | 1,379.9 |  |  | $ | 12,149.9 |
Software | 1,265.4 |  |  | 174.3 |  |  | 982.7 |  |  | 383.4 |  |  | 2,805.8 |
Services | 675.4 |  |  | 45.1 |  |  | 402.3 |  |  | 193.8 |  |  | 1,316.6 |
Other(2) | 47.8 |  |  | 14.0 |  |  | 14.2 |  |  | 9.2 |  |  | 85.2 |
Total Net sales | $ | 6,675.2 |  |  | $ | 1,186.0 |  |  | $ | 6,530.0 |  |  | $ | 1,966.3 |  |  | $ | 16,357.5 |
Sales by Channel |  |  |  |  |  |  |  |  |
Corporate | $ | 6,675.2 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 6,675.2 |
Small Business | — |  |  | 1,186.0 |  |  | — |  |  | — |  |  | 1,186.0 |
Government | — |  |  | — |  |  | 2,008.4 |  |  | — |  |  | 2,008.4 |
Education | — |  |  | — |  |  | 2,719.2 |  |  | — |  |  | 2,719.2 |
Healthcare | — |  |  | — |  |  | 1,802.4 |  |  | — |  |  | 1,802.4 |
Other | — |  |  | — |  |  | — |  |  | 1,966.3 |  |  | 1,966.3 |
Total Net sales | $ | 6,675.2 |  |  | $ | 1,186.0 |  |  | $ | 6,530.0 |  |  | $ | 1,966.3 |  |  | $ | 16,357.5 |
Timing of Revenue Recognition |  |  |  |  |  |  |  |  |
Transferred at a point in time where CDW is principal | $ | 5,614.6 |  |  | $ | 1,053.3 |  |  | $ | 5,858.6 |  |  | $ | 1,718.1 |  |  | $ | 14,244.6 |
Transferred at a point in time where CDW is agent | 563.3 |  |  | 106.8 |  |  | 362.1 |  |  | 80.9 |  |  | 1,113.1 |
Transferred over time where CDW is principal | 497.3 |  |  | 25.9 |  |  | 309.3 |  |  | 167.3 |  |  | 999.8 |
Total Net sales | $ | 6,675.2 |  |  | $ | 1,186.0 |  |  | $ | 6,530.0 |  |  | $ | 1,966.3 |  |  | $ | 16,357.5 |
(1)Net sales by geography is generally based on the ship-to address with the exception of certain services that may be performed at, or on behalf of, multiple locations. Such service arrangements are categorized based on the bill-to address.
(2)Includes items such as delivery charges to customers.
The following tables present Net sales by major category for the three and nine months ended September 30, 2024 and 2023. Categories are based upon internal classifications.
| Three Months Ended September 30,
| 2024 |  | 2023
| Net Sales |  | Percentage of Total Net Sales |  | Net Sales |  | Percentage of Total Net Sales
Hardware: |  |  |  |  |  |  |
Notebooks/Mobile Devices | $ | 1,370.4 |  |  | 24.8 | % |  | $ | 1,228.9 |  |  | 21.8 | %
Netcomm Products | 667.6 |  |  | 12.1 |  |  | 877.1 |  |  | 15.6 |
Collaboration | 460.3 |  |  | 8.3 |  |  | 490.1 |  |  | 8.7 |
Data Storage and Servers | 506.0 |  |  | 9.2 |  |  | 575.6 |  |  | 10.2 |
Desktops | 291.4 |  |  | 5.3 |  |  | 264.6 |  |  | 4.7 |
Other Hardware | 662.9 |  |  | 12.1 |  |  | 745.1 |  |  | 13.3 |
Total Hardware | 3,958.6 |  |  | 71.8 |  |  | 4,181.4 |  |  | 74.3 |
Software(1) | 1,048.3 |  |  | 19.0 |  |  | 997.0 |  |  | 17.7 |
Services(1) | 481.9 |  |  | 8.7 |  |  | 421.3 |  |  | 7.5 |
Other(2) | 27.8 |  |  | 0.5 |  |  | 28.6 |  |  | 0.5 |
Total Net sales | $ | 5,516.6 |  |  | 100.0 | % |  | $ | 5,628.3 |  |  | 100.0 | %
| Nine Months Ended September 30,
| 2024 |  | 2023
| Net Sales |  | Percentage of Total Net Sales |  | Net Sales |  | Percentage of Total Net Sales
Hardware: |  |  |  |  |  |  |
Notebooks/Mobile Devices | $ | 3,949.9 |  |  | 25.0 | % |  | $ | 3,614.4 |  |  | 22.1 | %
Netcomm Products | 1,877.1 |  |  | 11.9 |  |  | 2,538.0 |  |  | 15.5 |
Collaboration | 1,364.9 |  |  | 8.6 |  |  | 1,499.7 |  |  | 9.2 |
Data Storage and Servers | 1,593.2 |  |  | 10.1 |  |  | 1,653.6 |  |  | 10.1 |
Desktops | 845.3 |  |  | 5.3 |  |  | 827.3 |  |  | 5.1 |
Other Hardware | 1,936.2 |  |  | 12.2 |  |  | 2,016.9 |  |  | 12.3 |
Total Hardware | 11,566.6 |  |  | 73.1 |  |  | 12,149.9 |  |  | 74.3 |
Software(1) | 2,778.3 |  |  | 17.6 |  |  | 2,805.8 |  |  | 17.2 |
Services(1) | 1,386.1 |  |  | 8.8 |  |  | 1,316.6 |  |  | 8.0 |
Other(2) | 81.7 |  |  | 0.5 |  |  | 85.2 |  |  | 0.5 |
Total Net sales | $ | 15,812.7 |  |  | 100.0 | % |  | $ | 16,357.5 |  |  | 100.0 | %
(1)Certain software and services revenues are recorded on a net basis as the Company is acting as an agent in the transaction. As a result, the category percentage of net revenues is not representative of the category percentage of gross profits. (2)Includes items such as delivery charges to customers.

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration