| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net income | 787.1 | 496.1 | 224.9 | 813.6 |
| Depreciation and amortization | 221.5 | 148.2 | 74.9 | 205.8 |
| Equity-based compensation expense | 71.1 | 44 | 20.5 | 50.8 |
| Deferred income taxes | 3.2 | 29.9 | 14.1 | 27 |
| Provision for credit losses | 26.5 | 15.9 | 8.3 | 17.1 |
| Other | -0.6 | -1.6 | -1.7 | 3.3 |
| Accounts receivable | 633 | 450.1 | 184.5 | 320.9 |
| Merchandise inventory | -106.8 | 147.3 | 112.1 | 10.5 |
| Other assets | 334.9 | 217.1 | 84.2 | 313.9 |
| Accounts payable-trade | 273.8 | 384.7 | 231.5 | 287.5 |
| Other liabilities | 256.3 | 200.2 | 123.7 | 226.2 |
| Net cash provided by operating activities | 771.4 | 443.1 | 287.2 | 932 |
| Capital expenditures | 79.2 | 49.4 | 26.9 | 94 |
| Purchases of short-term investments | 0 | - | - | 211.1 |
| Proceeds from short-term investments | 211.1 | 211.1 | - | - |
| Acquisitions of businesses, net of cash acquired | 5 | 5 | 5 | 0.2 |
| Other | 2.2 | 2.1 | - | 0.2 |
| Net cash provided by (used in) investing activities | 124.7 | 154.6 | -31.9 | -305.5 |
| Proceeds from borrowings under revolving credit facility | 1,397.9 | 1,089.6 | 386.6 | 0 |
| Repayments of borrowings under revolving credit facility | 1,397.9 | 1,089.6 | 386.6 | 0 |
| Proceeds from issuance of long-term debt | 0 | - | - | 1,197.8 |
| Repayments of long-term debt | 211.1 | 211.1 | - | 0 |
| Payments to extinguish long-term debt | 0 | - | - | 778.8 |
| Payments of debt issuance costs | 0 | - | - | 10.4 |
| Proceeds from receivable financing liability | 14 | 14 | 14 | - |
| Repayments of receivable financing liability | 20.2 | 15.3 | 5.2 | 29.8 |
| Net change in accounts payable-inventory financing | -24.2 | 65.2 | -11.5 | -73.9 |
| Repurchases of common stock | 500 | 350.1 | 200.1 | 354 |
| Proceeds from stock option exercises | 27 | 25.2 | 5.9 | 41.6 |
| Payment of incentive compensation plan withholding taxes | 22 | 20.9 | 18.6 | 32.8 |
| Dividend payments | 246.9 | 165.1 | 82.8 | 249 |
| Other | 14.7 | 8.9 | 4.2 | 18.6 |
| Net cash used in financing activities | -968.7 | -649.2 | -294.1 | -270.7 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 18 | 25 | 6.7 | 2.2 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -54.6 | -26.5 | -32.1 | 358 |
| Cash and cash equivalents at beginning of period | 507.7 | - | - | - |
| Cash and cash equivalents at end of period | 453.1 | - | - | - |
CDW Corp (CDW)
CDW Corp (CDW)