Company: WCC
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000929008-25-000012
Chunk: 33

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 33
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 settlement cost— 5.5 Other operating activities, net4.6 4.9 Changes in assets and liabilities:Trade accounts receivable, net(188.7)(116.1)Other accounts receivable 65.1 78.9 Inventories(227.4)5.5 Other current and noncurrent assets(35.6)(60.1)Accounts payable343.8 620.9 Accrued payroll and benefit costs(77.1)(44.0)Other current and noncurrent liabilities(36.9)75.0 Net cash provided by operating activities28.0 746.3 Investing activities:Capital expenditures(20.4)(20.4)Acquisition payments, net of cash acquired(35.2)— Other investing activities, net1.2 3.9 Net cash used in investing activities(54.4)(16.5)Financing activities:Proceeds from issuance of long-term debt1,829.0 2,470.0 Repayments of long-term debt(1,729.3)(2,585.1)Debt issuance costs(14.0)(26.6)Payments for taxes related to net-share settlement of equity awards(18.0)(25.2)Repurchases of common stock(25.0)(50.0)Payment of common stock dividends(22.1)(20.9)Payment of preferred stock dividends(14.4)(14.4)Other financing activities, net(3.9)(2.3)Net cash provided by (used in) financing activities2.3 (254.5)Effect of exchange rate changes on cash and cash equivalents3.1 (13.9)Net change in cash and cash equivalents(21.0)461.4 Cash and cash equivalents at the beginning of period702.6 524.1 Cash and cash equivalents at the end of period$681.6 $985.5 Supplemental disclosures:Cash paid for interest$90.5 $37.0 Cash paid for income taxes$78.6 $71.2 Right-of-use assets obtained in exchange for new operating lease liabilities$93.3 $90.0 

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

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Table of ContentsWESCO INTERNATIONAL, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS