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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