CDW 2012 Annual Report Download - page 89
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Please find page 89 of the 2012 CDW annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Table of Contents CDW CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Condensed Consolidating Balance Sheet
December 31, 2011
(in millions) Parent
Guarantor
Subsidiary
Issuer
Guarantor
Subsidiaries
Non-Guarantor
Subsidiary
Co-Issuer
Consolidating
Adjustments
Consolidated
Assets
Current assets:
Cash and cash equivalents
$
—
$
102.1
$
15.8
$
8.1
$
—
$
(
26.1
)
$
99.9
Accounts receivable, net
—
—
1,197.9
57.0
—
—
1,254.9
Merchandise inventory
—
—
318.0
3.7
—
—
321.7
Miscellaneous receivables
—
47.3
93.3
3.0
—
—
143.6
Deferred income taxes
—
19.5
5.0
0.1
—
—
24.6
Prepaid expenses and other
—
11.0
23.5
0.2
—
—
34.7
Total current assets
—
179.9
1,653.5
72.1
—
(
26.1
)
1,879.4
Property and equipment, net
—
80.9
70.6
2.8
—
—
154.3
Goodwill
—
749.4
1,428.4
30.6
—
—
2,208.4
Other intangible assets, net
—
366.0
1,261.0
9.0
—
—
1,636.0
Deferred financing costs, net
—
68.5
—
—
—
—
68.5
Other assets
6.0
1.5
1.4
0.1
—
(
6.0
)
3.0
Investment in and advances to
subsidiaries
(13.3
)
3,038.7
—
—
—
(
3,025.4
)
—
Total assets
$
(7.3
)
$
4,484.9
$
4,414.9
$
114.6
$
—
$
(
3,057.5
)
$
5,949.6
Liabilities and
Shareholders’ (Deficit) Equity
Current liabilities:
Accounts payable-trade
$
—
$
17.6
$
503.7
$
22.6
$
—
$
(
26.1
)
$
517.8
Accounts payable-inventory
financing
—
—
278.7
—
—
—
278.7
Current maturities of long-term
debt
—
201.0
—
—
—
—
201.0
Deferred revenue
—
—
27.8
—
—
—
27.8
Accrued expenses
—
162.5
146.2
7.3
—
—
316.0
Total current liabilities
—
381.1
956.4
29.9
—
(
26.1
)
1,341.3
Long-term liabilities:
Debt
—
3,865.0
—
—
—
—
3,865.0
Deferred income taxes
—
199.3
496.9
1.8
—
(
6.0
)
692.0
Accrued interest
—
13.0
—
—
—
—
13.0
Other liabilities
—
39.8
4.3
1.5
—
—
45.6
Total long-term liabilities
—
4,117.1
501.2
3.3
—
(
6.0
)
4,615.6
Total shareholders’ (deficit) equity
(7.3
)
(13.3
)
2,957.3
81.4
—
(
3,025.4
)
(7.3
)
Total liabilities and
shareholders’ (deficit) equity
$
(7.3
)
$
4,484.9
$
4,414.9
$
114.6
$
—
$
(
3,057.5
)
$
5,949.6