Company: WCC
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000929008-25-000005
Chunk: 107

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 107
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Other assets374.1 322.3     Total assets$15,061.4 $15,060.9 Liabilities and Stockholders’ Equity  Current liabilities:  Accounts payable$2,670.6 $2,431.5 Accrued payroll and benefit costs242.3 191.7 Short-term debt and current portion of long-term debt19.5 8.6 Other current liabilities871.6 756.6 Total current liabilities3,804.0 3,388.4 Long-term debt, net of debt discount and debt issuance costs of $47.2 and $43.0 in 2024 and 2023, respectively5,045.5 5,313.1 Operating lease liabilities614.8 641.7 Deferred income taxes415.6 451.9 Other noncurrent liabilities216.0 233.9     Total liabilities$10,095.9 $10,029.0 Commitments and contingencies (Note 15)Stockholders’ equity:  Preferred stock, $.01 par value; 20,000,000 shares authorized, no shares issued or outstanding$— $— Preferred stock, Series A, $.01 par value; 25,000 shares authorized, 21,612 shares issued and outstanding in 2024 and 2023, respectively— — Common stock, $.01 par value; 210,000,000 shares authorized, 69,627,398 and 69,278,677 shares issued and 48,790,595 and 50,897,122 shares outstanding in 2024 and 2023, respectively0.7 0.7 Class B nonvoting convertible common stock, $.01 par value; 20,000,000 shares authorized, 4,339,431 issued and no shares outstanding in 2024 and 2023, respectively— — Additional capital2,051.6 2,037.1 Retained earnings4,960.7 4,391.7 Treasury stock, at cost; 25,176,234 and 22,720,986 shares in 2024 and 2023, respectively(1,495.1)(1,060.4)Accumulated other comprehensive loss(547.2)(332.0)Total WESCO International, Inc. stockholders’ equity4,