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Table of Contents CDW CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
94
Condensed Consolidating Balance Sheet
December 31, 2013
(in millions) Parent
Guarantor
Subsidiary
Issuer
Guarantor
Subsidiaries
Non-Guarantor
Subsidiary
Co-Issuer
Consolidating
Adjustments
Consolidated
Assets
Current assets:
Cash and cash equivalents
$
—
$
196.5
$
—
$
14.0
$
—
$
(
22.4
)
$
188.1
Accounts receivable, net
—
—
1,375.9
75.1
—
—
1,451.0
Merchandise inventory
—
—
378.9
3.1
—
—
382.0
Miscellaneous receivables
—
49.9
91.0
5.4
—
—
146.3
Prepaid expenses and other
—
10.7
33.4
5.1
—
(
3.1
)
46.1
Total current assets
—
257.1
1,879.2
102.7
—
(
25.5
)
2,213.5
Property and equipment, net
—
69.7
59.6
1.8
—
—
131.1
Goodwill
—
751.9
1,439.0
29.4
—
—
2,220.3
Other intangible assets, net
—
338.5
982.8
6.7
—
—
1,328.0
Deferred financing costs, net
—
30.1
—
—
—
—
30.1
Other assets
4.9
1.4
0.1
0.9
—
(
5.7
)
1.6
Investment in and advances to
subsidiaries
706.8
2,909.4
—
—
—
(
3,616.2
)
—
Total assets
$
711.7
$
4,358.1
$
4,360.7
$
141.5
$
—
$
(
3,647.4
)
$
5,924.6
Liabilities and Shareholders'
Equity
Current liabilities:
Accounts payable-trade
$
—
$
21.4
$
637.3
$
26.5
$
—
$
(
22.4
)
$
662.8
Accounts payable-inventory
financing
—
—
256.6
—
—
—
256.6
Current maturities of long-term
debt
—
45.4
—
—
—
—
45.4
Deferred revenue
—
—
89.9
4.9
—
—
94.8
Accrued expenses
—
163.5
175.1
7.5
—
(
3.1
)
343.0
Total current liabilities
—
230.3
1,158.9
38.9
—
(
25.5
)
1,402.6
Long-term liabilities:
Debt
—
3,205.8
—
—
—
—
3,205.8
Deferred income taxes
—
178.3
388.4
1.6
—
(
4.8
)
563.5
Other liabilities
—
36.9
3.6
1.4
—
(
0.9
)
41.0
Total long-term liabilities
—
3,421.0
392.0
3.0
—
(
5.7
)
3,810.3
Total shareholders’ equity
711.7
706.8
2,809.8
99.6
—
(
3,616.2
)
711.7
Total liabilities and shareholders’
equity
$
711.7
$
4,358.1
$
4,360.7
$
141.5
$
—
$
(
3,647.4
)
$
5,924.6