XML 20 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Net sales $ 22,385,200 $ 21,420,100 $ 18,217,500
Cost of goods sold (excluding depreciation and amortization below) 17,541,500 16,758,800 14,425,400
Selling, general and administrative expense 3,256,000 3,044,200 2,791,600
Depreciation and amortization 181,300 179,000 198,600
Income from operations 1,406,400 1,438,100 801,900
Interest expense, net 389,300 294,400 268,100
Other, net 25,100 7,000 (48,100)
Income before income taxes 992,000 1,136,700 581,900
Provision for income taxes 225,900 274,500 115,500
Net income 766,100 862,100 466,400
Net loss attributable to noncontrolling interest 600 1,700 1,000
Net Income attributable to WESCO International, Inc. 765,500 860,500 465,400
Preferred Stock Dividends, Income Statement Impact 57,400 57,400 57,400
Net Income (Loss) Available to Common Stockholders, Basic 708,100 803,100 408,000
Comprehensive Income:      
Foreign currency translation adjustment 57,100 (127,000) (15,600)
Benefit plan adjustments, net of tax (11,300) (14,700) 42,700
Comprehensive income attributable to WESCO International, Inc. $ 753,900 $ 661,300 $ 435,100
Earnings per share :      
Basic $ 13.86 $ 15.83 $ 8.11
Diluted $ 13.54 $ 15.33 $ 7.84