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Table of Contents CDW CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
81
Condensed Consolidating Balance Sheet
December 31, 2012
(in millions) Parent
Guarantor
Subsidiary
Issuer
Guarantor
Subsidiaries
Non-Guarantor
Subsidiary
Co-Issuer
Consolidating
Adjustments
Consolidated
Assets
Current assets:
Cash and cash equivalents
$
—
$
48.0
$
—
$
9.8
$
—
$
(
19.9
)
$
37.9
Accounts receivable, net —
—
1,197.8
67.3
—
—
1,265.1
Merchandise inventory —
—
313.2
1.4
—
—
314.6
Miscellaneous receivables —
61.7
82.0
4.8
—
—
148.5
Deferred income taxes —
8.7
5.5
(0.1
)
—
—
14.1
Prepaid expenses and other —
10.1
24.4
0.1
—
—
34.6
Total current assets —
128.5
1,622.9
83.3
—
(
19.9
)
1,814.8
Property and equipment, net —
73.9
66.2
2.6
—
—
142.7
Goodwill —
749.4
1,428.5
31.4
—
—
2,209.3
Other intangible assets, net —
348.6
1,121.7
8.2
—
—
1,478.5
Deferred financing costs, net —
53.2
—
—
—
—
53.2
Other assets
5.4
1.1
0.4
0.6
—
(
5.9
)
1.6
Investment in and advances to
subsidiaries
131.1
2,946.0
—
—
—
(
3,077.1
)
—
Total assets
$
136.5
$
4,300.7
$
4,239.7
$
126.1
$
—
$
(
3,102.9
)
$
5,700.1
Liabilities and Shareholders’
Equity
Current liabilities:
Accounts payable-trade
$
—
$
16.5
$
500.3
$
21.7
$
—
$
(
19.9
)
$
518.6
Accounts payable-inventory
financing —
—
249.2
—
—
—
249.2
Current maturities of long-term
debt —
40.0
—
—
—
—
40.0
Deferred revenue —
—
37.9
—
—
—
37.9
Accrued expenses —
139.3
157.4
5.9
—
—
302.6
Total current liabilities —
195.8
944.8
27.6
—
(
19.9
)
1,148.3
Long-term liabilities:
Debt —
3,731.0
—
—
—
—
3,731.0
Deferred income taxes —
188.1
440.0
1.7
—
(
5.5
)
624.3
Accrued interest —
8.0
—
—
—
—
8.0
Other liabilities —
46.7
4.0
1.7
—
(
0.4
)
52.0
Total long-term liabilities —
3,973.8
444.0
3.4
—
(
5.9
)
4,415.3
Total shareholders’ equity
136.5
131.1
2,850.9
95.1
—
(
3,077.1
)
136.5
Total liabilities and shareholders'
equity
$
136.5
$
4,300.7
$
4,239.7
$
126.1
$
—
$
(
3,102.9
)
5,700.1