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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair values of stock options and stock-settled stock appreciation rights, as disclosed in the table above, were estimated using the following weighted-average assumptions in the respective periods:
Year Ended December 31,
202320222021
Risk free interest rate4.1%2.0%0.8%
Expected life (in years)577
Expected volatility50%43%41%
Expected dividend yield0.89%n/an/a
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
The following table sets forth a summary of restricted stock units and related information for the periods presented:
Year Ended December 31,
202320222021
AwardsWeighted-Average
Fair
Value
AwardsWeighted-Average
Fair
Value
AwardsWeighted-Average
Fair
Value
Unvested at beginning of year774,233 $73.79 974,162 $53.48 921,495 $43.15 
Granted177,659 169.65 234,800 122.13 314,480 77.81 
Vested(508,173)59.72 (393,194)53.13 (232,152)44.10 
Forfeited(36,106)137.28 (41,535)66.30 (29,661)63.86 
Unvested at end of year407,613 $127.49 774,233 $73.79 974,162 $53.48 
The following table sets forth a summary of performance-based awards and related information for the periods presented:
Year Ended December 31,
202320222021
AwardsWeighted-Average
Fair
Value
AwardsWeighted-Average
Fair
Value
AwardsWeighted-Average
Fair
Value
Unvested at beginning of year335,329 $75.26 380,819 $59.23 305,269 $52.61 
     Granted(1)
212,656 87.04 83,991 122.09 122,812 76.76 
     Vested(289,394)48.32 (115,394)54.64 (22,371)62.80 
     Forfeited(3,732)111.00 (14,087)60.75 (24,891)61.26 
Unvested at end of year254,859 $115.15 335,329 $75.26 380,819 $59.23 
(1)    Includes 63,098 performance-based awards granted in February 2023 with a fair value of $171.96 and three-year performance period ending December 31, 2025, and 144,697 of additional performance-based awards related to awards originally granted in February 2020 with a fair value of $48.32 and three-year performance period ended December 31, 2022 for which actual achievement levels were certified in February 2023. Also includes 3,074, 662, and 549 performance-based awards granted during the three months ended June 30, 2023, September 30, 2023, and December 31, 2023, respectively, with weighted-average fair values of $150.32, $115.04, and $115.21, respectively, and three-year performance periods ending December 31, 2025.
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value
During the years ended December 31, 2023, 2022 and 2021, Wesco granted the following stock options, stock-settled stock appreciation rights, restricted stock units, and performance-based awards at the following weighted-average fair values:
Year Ended December 31,
202320222021
Stock options granted78,729 92,799 — 
Weighted-average fair value$76.69 $57.15 n/a
Stock-settled stock appreciation rights granted— — 139,592 
Weighted-average fair valuen/an/a$33.19 
Restricted stock units granted177,659 234,800 314,480 
Weighted-average fair value$169.65 $122.13 $77.81 
Performance-based awards granted(1)
212,656 83,991 122,812 
Weighted-average fair value(1)
$87.04 $122.09 $76.76 
Share-Based Payment Arrangement, Stock Appreciation Right, Activity
The following table sets forth a summary of stock-settled stock appreciation rights and related information for the periods presented:
Year Ended December 31,
 202320222021
AwardsWeighted-Average
Exercise
Price
Weighted-Average
Remaining
Contractual
Life (In years)
Aggregate
Intrinsic
Value
(In millions)
AwardsWeighted-Average
Exercise
Price
AwardsWeighted-Average
Exercise
Price
Beginning of year1,248,115 $62.02   1,370,388 $62.09 2,161,556 $60.48 
Granted— —   — — 139,592 77.05 
Exercised(428,500)66.70   (113,382)61.90 (916,906)60.70 
Forfeited(1,331)74.57   (8,891)73.35 (13,854)54.42 
End of year818,284 59.55 5.0$93.6 1,248,115 62.02 1,370,388 62.09 
Exercisable at end of year
777,479 $58.64 4.9$89.6 1,083,320 $61.91 1,001,708 $62.79 
For the year ended December 31, 2023, the aggregate intrinsic value of stock-settled appreciation rights exercised during such period was $40.2 million.
Share-Based Payment Arrangement, Option, Activity
The following table sets forth a summary of stock options and related information for the periods presented:
Year Ended December 31,
 20232022
AwardsWeighted-Average
Exercise
Price
Weighted-Average
Remaining
Contractual
Life (In years)
Aggregate
Intrinsic
Value
(In millions)
AwardsWeighted-Average
Exercise
Price
Beginning of year87,347 $121.55 — $— 
Granted78,729 169.72 92,799 121.58 
Exercised(1,279)122.09 — — 
Forfeited(1,715)148.67 (5,452)122.09 
End of year163,082 144.51 8.6$4.8 87,347 121.55 
Exercisable at end of year
28,411 $121.53 8.1$1.5 879 $122.09