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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents $ 716.5 $ 524.1
Accounts Receivable, after Allowance for Credit Loss, Current 3,654.6 3,639.5
Accounts and Other Receivables, Net, Current 363.5 430.5
Inventories, net 3,505.8 3,572.1
Prepaid expenses and other current assets 295.7 225.4
Assets, Current 8,536.1 8,391.6
Property, buildings and equipment, net of accumulated depreciation of $229,041 and $213,758 in 2014 and 2013, respectively 437.8 423.6
Operating Lease, Right-of-Use Asset 762.4 761.2
Intangible assets, net 1,816.4 1,857.6
Goodwill 3,203.1 3,262.3
Deferred Income Tax Assets, Net 38.7 42.3
Other assets 314.0 322.3
Assets 15,108.5 15,060.9
Accounts payable 2,688.9 2,431.5
Accrued payroll and benefit costs 191.2 191.7
Current portion of long-term debt 13.8 8.6
Other Liabilities, Current 854.4 756.6
Liabilities, Current 3,748.3 3,388.4
Total long-term debt 5,203.4 5,313.1
Operating Lease, Liability, Noncurrent 639.3 641.7
Deferred Income Tax Liabilities, Net 442.5 451.9
Other Liabilities, Noncurrent 223.7 233.9
Liabilities 10,257.2 10,029.0
Commitments and Contingencies
Additional capital 2,035.5 2,037.1
Retained earnings 4,660.1 4,391.7
Treasury stock, at cost; 24,752,019 and 22,720,986 shares in 2024 and 2023, respectively (1,415.4) (1,060.4)
Accumulated other comprehensive income (423.6) (332.0)
Total WESCO International, Inc. stockholders’ equity 4,857.3 5,037.1
Noncontrolling interest (6.0) (5.2)
Total stockholders’ equity 4,851.3 5,031.9
Liabilities and Equity 15,108.5 15,060.9
Preferred Stock    
Preferred stock, $.01 par value; 20,000,000 shares authorized, no shares issued or outstanding 0.0 0.0
Series A Preferred Stock    
Preferred stock, $.01 par value; 20,000,000 shares authorized, no shares issued or outstanding 0.0 0.0
Common Stock    
Common stock 0.7 0.7
Common Class B    
Common stock $ 0.0 $ 0.0