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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents $ 349.1 $ 527.3
Accounts Receivable, after Allowance for Credit Loss, Current 3,807.4 3,662.7
Accounts and Other Receivables, Net, Current 344.3 435.7
Inventories, net 3,729.5 3,498.8
Prepaid expenses and other current assets 217.8 206.0
Assets, Current 8,448.1 8,330.5
Property, buildings and equipment, net of accumulated depreciation of $229,041 and $213,758 in 2014 and 2013, respectively 402.1 402.7
Operating Lease, Right-of-Use Asset 660.1 625.1
Intangible assets, net 1,921.5 1,943.4
Goodwill 3,244.8 3,240.9
Other assets 294.6 269.1
Assets 14,971.2 14,811.7
Accounts payable 2,648.3 2,728.2
Accrued payroll and benefit costs 121.6 269.1
Current portion of long-term debt 7.6 70.5
Other Liabilities, Current 761.4 749.5
Liabilities, Current 3,538.9 3,817.3
Total long-term debt 5,595.1 5,346.0
Operating Lease, Liability, Noncurrent 540.5 510.4
Deferred Income Tax Liabilities, Net 472.1 460.7
Other Liabilities, Noncurrent 234.9 227.7
Liabilities 10,381.5 10,362.1
Commitments and Contingencies
Additional capital 2,003.3 2,005.4
Retained earnings $ 3,933.0 $ 3,795.0
Treasury Stock, Common, Shares 22,195,470 22,115,653
Treasury stock, at cost; 22,195,470 and 22,115,653 shares in 2023 and 2022, respectively $ (982.0) $ (969.1)
Accumulated other comprehensive income (360.7) (377.7)
Total WESCO International, Inc. stockholders' equity 4,594.3 4,454.3
Noncontrolling interest (4.6) (4.7)
Total stockholders’ equity 4,589.7 4,449.6
Liabilities and Equity $ 14,971.2 $ 14,811.7
Preferred Stock    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 20,000,000 20,000,000
Preferred stock, shares outstanding (in shares) 0 0
Preferred stock, shares issued (in shares) 0 0
Preferred stock, $.01 par value; 20,000,000 shares authorized, no shares issued or outstanding $ 0.0 $ 0.0
Series A Preferred Stock [Member]    
Preferred stock, par value (in dollars per share) $ 0.01  
Preferred stock, shares authorized (in shares) 25,000  
Preferred stock, shares outstanding (in shares) 21,612  
Preferred stock, shares issued (in shares) 21,612 21,612
Preferred stock, $.01 par value; 20,000,000 shares authorized, no shares issued or outstanding $ 0.0 $ 0.0
Common Stock [Member]    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 210,000,000 210,000,000
Common stock, shares, issued (in shares) 69,110,060 68,535,704
Common stock, shares outstanding (in shares) 51,254,021 50,759,482
Common stock $ 0.7 $ 0.7
Common Class B [Member]    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 20,000,000 20,000,000
Common stock, shares, issued (in shares) 4,339,431 4,339,431
Common stock, shares outstanding (in shares) 0 0
Common stock $ 0.0 $ 0.0