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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Gross Profit [Abstract]        
Revenues $ 5,479.7 $ 5,745.5 $ 10,829.7 $ 11,267.4
Cost of goods sold 4,281.7 4,503.1 8,493.8 8,816.5
Operating Expenses [Abstract]        
Selling, general and administrative expense 828.4 831.7 1,657.8 1,649.4
Depreciation and amortization 46.1 46.9 91.6 91.3
Income from operations 323.5 363.8 586.5 710.2 Close
Interest Income (Expense), Nonoperating, Net 98.8 98.8 193.2 193.8 CloseCloseCloseCloseClose
Other Nonoperating Income (Expense) (95.9) 0.8 (74.3) 10.9 CloseCloseCloseCloseCloseClose
Total Other Income Expenses -2.9 -98.0 -118.9 -182.9 0.0 Close
Total Other Income Expenses 2.9 98.0 118.9 182.9 0.0 Close Close
Total Other Income Expenses -194.7 -99.6 -267.5 -204.7 0.0 Close Close
Total Other Income Expenses 194.7 99.6 267.5 204.7 0.0 Close Close
Total Other Income Expenses 2.9 99.6 118.9 204.7 0.0 Close Close
Income before income taxes 320.6 264.2 467.6 505.5 CloseClose
Provision for income taxes 87.8 71.8 118.7 115.9 Close
Net income 232.8 192.4 348.9 389.6 Close
Net (loss) income attributable to noncontrolling interest 0.7 (0.7) 1.0 (0.6)
Net income attributable to WESCO International, Inc. 232.1 193.1 347.9 390.2
Preferred Stock Dividends, Income Statement Impact 14.4 14.4 28.7 28.7
Net Income (Loss) Available to Common Stockholders, Basic $ 217.7 $ 178.7 $ 319.2 $ 361.5
Basic (in dollars per share) $ 4.34 $ 3.48 $ 6.32 $ 7.07
Diluted (in dollars per share) $ 4.28 $ 3.41 $ 6.22 $ 6.90
Comprehensive Income:        
Foreign currency translation adjustment $ (21.8) $ 41.2 $ (93.4) $ 58.2
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax (0.1) 0.0 1.8 0.0
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent (21.9) 41.2 (91.6) 58.2
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest 210.9 233.6 257.3 447.8
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest 0.7 (0.7) 1.0 (0.6)
Comprehensive income attributable to WESCO International, Inc. $ 195.8 $ 219.9 $ 227.6 $ 419.7