Company: WCC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000929008-25-000023
Chunk: 5

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 5
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 long-term debt3,589.0 4,756.0 Repayments of long-term debt(2,989.4)(4,874.2)Debt issuance costs(14.0)(26.6)Payments for taxes related to net-share settlement of equity awards(18.4)(26.0)Repurchases of common stock(50.0)(350.0)Redemption of preferred stock(540.3)— Payment of common stock dividends(44.2)(41.2)Payment of preferred stock dividends(27.3)(28.7)Other financing activities, net(19.1)9.3 Net cash used in financing activities(108.3)(581.4)Effect of exchange rate changes on cash and cash equivalents13.8 (17.8)Net change in cash and cash equivalents(35.6)192.4 Cash and cash equivalents at the beginning of period702.6 524.1 Cash and cash equivalents at the end of period$667.0 $716.5 Supplemental disclosures:Cash paid for interest$161.9 $156.0 Cash paid for income taxes$143.1 $154.7 Right-of-use assets obtained in exchange for new operating lease liabilities$203.0 $132.2 

The accompanying notes are an integral part of the condensed consolidated financial statements.

5

Table of ContentsWESCO INTERNATIONAL, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(In millions, except shares)(unaudited)

   Class BSeries A Retained  Accumulated Other Comprehensive Income (Loss) Common StockCommon StockPreferred StockAdditionalEarningsTreasury StockNoncontrollingAmountSharesAmountSharesAmountSharesCapital(Deficit)AmountSharesInterestsTotalBalance, December 31, 2024$0.7 69,627,398 $— 4,339,431 $— 21,612 $2,051.6 $4,960.7 $(1,495.1)(25,176,234)$(5.2)$(547.2)$4,965.5 Exercise of stock-based awards— 257,230 — (0.9)(5,053)(0.9)Stock-based compensation expense10.2 10.2 Repurchases of common stock, including exc