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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents $ 529.0 $ 527.3
Accounts Receivable, after Allowance for Credit Loss, Current 3,850.7 3,662.7
Accounts and Other Receivables, Net, Current 380.3 435.7
Inventories, net 3,584.3 3,498.8
Prepaid expenses and other current assets 239.1 206.0
Assets, Current 8,583.4 8,330.5
Property, buildings and equipment, net of accumulated depreciation of $229,041 and $213,758 in 2014 and 2013, respectively 411.3 402.7
Operating Lease, Right-of-Use Asset 681.7 625.1
Intangible assets, net 1,902.0 1,943.4
Goodwill 3,266.6 3,240.9
Other assets 317.7 269.1
Assets 15,162.7 14,811.7
Accounts payable 2,662.7 2,728.2
Accrued payroll and benefit costs 140.6 269.1
Current portion of long-term debt 9.2 70.5
Other Liabilities, Current 769.2 749.5
Liabilities, Current 3,581.7 3,817.3
Total long-term debt 5,523.1 5,346.0
Operating Lease, Liability, Noncurrent 559.3 510.4
Deferred Income Tax Liabilities, Net 477.3 460.7
Other Liabilities, Noncurrent 221.0 227.7
Liabilities 10,362.4 10,362.1
Commitments and Contingencies
Additional capital 2,015.5 2,005.4
Retained earnings $ 4,093.4 $ 3,795.0
Treasury Stock, Common, Shares 22,211,365 22,115,653
Treasury stock, at cost; 22,211,365 and 22,115,653 shares in 2023 and 2022, respectively $ (984.5) $ (969.1)
Accumulated other comprehensive income (319.5) (377.7)
Total WESCO International, Inc. stockholders' equity 4,805.6 4,454.3
Noncontrolling interest (5.3) (4.7)
Total stockholders’ equity 4,800.3 4,449.6
Liabilities and Equity $ 15,162.7 $ 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) 69,164,993 68,535,704
Common stock, shares outstanding (in shares) 51,293,059 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