WESCO International, Inc. (WCC) financial statements (2020 and earlier)

Company profile

Business Address 225 WEST STATION SQUARE DRIVE
PITTSBURGH, PA 15219
State of Incorp.
Fiscal Year End December 31
SIC 5063 - Electrical Apparatus and Equipment Wiring Supplies, and Construction Materials (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 96118110160128
Cash and cash equivalents 96118110160128
Receivables 1,2881,2951,1921,2301,322
Inventory, net of allowances, customer advances and progress billings 949956821810820
Inventory 949956821810820
Other current assets     285
Other undisclosed current assets 52404957(204)
Total current assets: 2,3862,4092,1722,2582,350
Noncurrent Assets
Property, plant and equipment 161156158167183
Intangible assets, net (including goodwill), including: 1,8001,8721,8181,7742,165
Goodwill 1,7231,7721,7211,6821,735
Intangible assets, net (excluding goodwill) 316367393404430
Other undisclosed intangible assets, net (including goodwill) (239)(267)(296)(312) 
Other noncurrent assets 47316034
Other undisclosed noncurrent assets 25529131233022
Total noncurrent assets: 2,2192,3272,3192,3302,404
TOTAL ASSETS: 4,6054,7354,4914,5874,754
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 882882767796833
Accounts payable 794800685716765
Employee-related liabilities 8873495168
Taxes payable  103329 
Debt 5635224449
Other liabilities 105867873146
Other undisclosed current liabilities 1838293436
Total current liabilities: 1,0621,0418979481,064
Noncurrent Liabilities
Long-term debt and lease obligation 1,1671,3131,3631,4571,366
Long-term debt, excluding current maturities 1,1671,3131,3631,4571,366
Liabilities, other than long-term debt 246265221409380
Deferred tax liabilities, net144137158365347
Liability, pension and other postretirement and postemployment benefits     (16)
Other liabilities 102128634449
Other undisclosed noncurrent liabilities     16
Total noncurrent liabilities: 1,4131,5781,5841,8661,762
Total liabilities: 2,4752,6192,4812,8142,826
Stockholders' equity
Stockholders' equity attributable to parent, including: 2,1352,1202,0131,7771,928
Treasury stock, value (758)(647)(543)773616
Additional paid in capital 9949999861,1171,102
Accumulated other comprehensive loss (408)(313)(387)(423)(202)
Retained earnings 2,3072,0801,9571,8541,644
Other undisclosed stockholders' equity attributable to parent 111(1,545)(1,233)
Stockholders' equity attributable to noncontrolling interest (6)(4)(3)(3)(0)
Other undisclosed stockholders' equity     1
Total stockholders' equity: 2,1302,1162,0101,7741,929
Other undisclosed liabilities and equity     (0)
TOTAL LIABILITIES AND EQUITY: 4,6054,7354,4914,5874,754

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 8,1777,6797,3367,5187,890
Revenue, net7,6797,3367,5187,890
Cost of revenue
(Cost of Goods and Services Sold)
 (6,609)(6,194)(5,888)(6,025)(6,279)
Gross profit: 1,5671,4851,4481,4941,611
Operating expenses (1,215)(1,164)(1,116)(1,120)(1,143)
Other undisclosed operating loss     (2)
Operating income: 352321332374466
Interest and debt expense   (124)(6)(82)
Income from continuing operations before equity method investments, income taxes: 352321208368384
Other undisclosed loss from continuing operations before income taxes (71)(68)(77)(64) 
Income from continuing operations before income taxes: 281252132304384
Income tax expense (56)(89)(30)(96)(109)
Net income: 225163101208275
Net income attributable to noncontrolling interest 20020
Net income available to common stockholders, diluted: 227163102211276

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income: 225163101208275
Other comprehensive loss     (8)
Comprehensive income: 225163101208268
Comprehensive income, net of tax, attributable to noncontrolling interest 20020
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (96)7936(221)(118)
Comprehensive income (loss), net of tax, attributable to parent: 131243137(11)151

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: