XML 55 R39.htm IDEA: XBRL DOCUMENT v3.24.0.1
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Information about the Company’s segments for the years ended December 31, 2023, 2022 and 2021 is as follows:
CorporateSmall BusinessPublicOtherHeadquartersTotal
2023:
Net sales$8,960.8 $1,556.0 $8,305.7 $2,553.5 $— $21,376.0 
Operating income (loss)846.8 177.3 735.0 142.1 (220.3)1,680.9 
Depreciation and amortization expense(82.1)(4.7)(58.4)(30.1)(95.4)(270.7)
2022:
Net sales$10,350.1 $1,938.9 $8,551.3 $2,908.4 $— $23,748.7 
Operating income (loss)931.7 186.8 681.7 130.7 (195.7)1,735.2 
Depreciation and amortization expense(98.0)(6.4)(67.9)(31.9)(86.4)(290.6)
2021:
Net sales$8,179.7 $1,870.1 $8,183.6 $2,587.4 $— $20,820.8 
Operating income (loss)697.3 167.7 606.7 115.8 (168.5)1,419.0 
Depreciation and amortization expense(22.9)(4.1)(57.2)(34.4)(72.6)(191.2)
Disaggregation of Revenue
 Year Ended December 31, 2023
CorporateSmall BusinessPublicOtherTotal
Geography(1)
United States$8,894.5 $1,534.5 $8,299.4 $26.5 $18,754.9 
Rest of World66.3 21.5 6.3 2,527.0 2,621.1 
Total Net sales$8,960.8 $1,556.0 $8,305.7 $2,553.5 $21,376.0 
Major Product and Services
Hardware$6,216.9 $1,242.3 $6,460.4 $1,783.0 $15,702.6 
Software1,772.3 232.8 1,295.4 498.8 3,799.3 
Services909.1 62.6 531.5 258.1 1,761.3 
Other(2)
62.5 18.3 18.4 13.6 112.8 
Total Net sales$8,960.8 $1,556.0 $8,305.7 $2,553.5 $21,376.0 
Sales by Channel
Corporate$8,960.8 $— $— $— $8,960.8 
Small Business— 1,556.0 — — 1,556.0 
Government— — 2,669.1 — 2,669.1 
Education— — 3,298.3 — 3,298.3 
Healthcare— — 2,338.3 — 2,338.3 
Other— — — 2,553.5 2,553.5 
Total Net sales$8,960.8 $1,556.0 $8,305.7 $2,553.5 $21,376.0 
Timing of Revenue Recognition
Transferred at a point in time where CDW is principal$7,515.7 $1,374.1 $7,411.1 $2,212.0 $18,512.9 
Transferred at a point in time where CDW is agent778.0 145.3 480.6 117.9 1,521.8 
Transferred over time where CDW is principal667.1 36.6 414.0 223.6 1,341.3 
Total Net sales$8,960.8 $1,556.0 $8,305.7 $2,553.5 $21,376.0 
(1)Net sales by geography is generally based on the ship-to address with the exception of certain services that may be performed at, or on behalf of, multiple locations. Such service arrangements are categorized based on the bill-to address.
(2)Includes items such as delivery charges to customers.
Year Ended December 31, 2022
CorporateSmall BusinessPublicOtherTotal
Geography(1)
United States$10,321.2 $1,934.8 $8,550.8 $21.8 $20,828.6 
Rest of World28.9 4.1 0.5 2,886.6 2,920.1 
Total Net sales$10,350.1 $1,938.9 $8,551.3 $2,908.4 $23,748.7 
Major Product and Services
Hardware$7,561.0 $1,610.7 $6,763.9 $2,155.4 $18,091.0 
Software1,781.5 232.9 1,196.9 473.6 3,684.9 
Services929.3 73.8 570.7 268.2 1,842.0 
Other(2)
78.3 21.5 19.8 11.2 130.8 
Total Net sales$10,350.1 $1,938.9 $8,551.3 $2,908.4 $23,748.7 
Sales by Channel
Corporate$10,350.1 $— $— $— $10,350.1 
Small Business— 1,938.9 — — 1,938.9 
Government— — 2,574.3 — 2,574.3 
Education— — 3,621.4 — 3,621.4 
Healthcare— — 2,355.6 — 2,355.6 
Other— — — 2,908.4 2,908.4 
Total Net sales$10,350.1 $1,938.9 $8,551.3 $2,908.4 $23,748.7 
Timing of Revenue Recognition
Transferred at a point in time where CDW is principal$8,971.4 $1,751.1 $7,717.1 $2,576.5 $21,016.1 
Transferred at a point in time where CDW is agent749.3 140.1 426.9 97.7 1,414.0 
Transferred over time where CDW is principal629.4 47.7 407.3 234.2 1,318.6 
Total Net sales$10,350.1 $1,938.9 $8,551.3 $2,908.4 $23,748.7 
(1)Net sales by geography is generally based on the ship-to address with the exception of certain services that may be performed at, or on behalf of, multiple locations. Such service arrangements are categorized based on the bill-to address.
(2)Includes items such as delivery charges to customers.
Year Ended December 31, 2021
CorporateSmall BusinessPublicOtherTotal
Geography(1)
United States$8,165.4 $1,870.1 $8,183.6 $19.7 $18,238.8 
Rest of World14.3 — — 2,567.7 2,582.0 
Total Net sales$8,179.7 $1,870.1 $8,183.6 $2,587.4 $20,820.8 
Major Product and Services
Hardware$6,427.9 $1,587.9 $6,827.1 $1,926.7 $16,769.6 
Software1,172.4 211.0 1,017.3 401.7 2,802.4 
Services510.1 49.1 321.5 245.4 1,126.1 
Other(2)
69.3 22.1 17.7 13.6 122.7 
Total Net sales$8,179.7 $1,870.1 $8,183.6 $2,587.4 $20,820.8 
Sales by Channel
Corporate$8,179.7 $— $— $— $8,179.7 
Small Business— 1,870.1 — — 1,870.1 
Government— — 2,155.6 — 2,155.6 
Education— — 4,108.7 — 4,108.7 
Healthcare— — 1,919.3 — 1,919.3 
Other— — — 2,587.4 2,587.4 
Total Net sales$8,179.7 $1,870.1 $8,183.6 $2,587.4 $20,820.8 
Timing of Revenue Recognition
Transferred at a point in time where CDW is principal$7,332.3 $1,734.7 $7,634.3 $2,288.7 $18,990.0 
Transferred at a point in time where CDW is agent517.5 112.3 336.6 83.2 1,049.6 
Transferred over time where CDW is principal329.9 23.1 212.7 215.5 781.2 
Total Net sales$8,179.7 $1,870.1 $8,183.6 $2,587.4 $20,820.8 
(1)Net sales by geography is generally based on the ship-to address with the exception of certain services that may be performed at, or on behalf of, multiple locations. Such service arrangements are categorized based on the bill-to address.
(2)Includes items such as delivery charges to customers.
The following table presents Net sales by major category for the years ended December 31, 2023, 2022 and 2021. Categories are based upon internal classifications.
Year Ended December 31,
2023
2022
2021
Net SalesPercentage
of Total Net
Sales		Net SalesPercentage
of Total Net
Sales		Net SalesPercentage
of Total Net
Sales
Hardware:
Notebooks/Mobile Devices$4,690.5 21.9 %$6,179.7 26.0 %$6,659.4 32.0 %
Netcomm Products3,185.4 14.9 2,729.7 11.5 1,950.9 9.4 
Collaboration(3)
1,909.7 8.9 2,394.8 10.1 2,218.8 10.7 
Data Storage and Servers(3)
2,240.7 10.5 2,479.0 10.4 2,044.9 9.8 
Desktops1,069.1 5.0 1,284.9 5.4 1,203.6 5.8 
Other Hardware(3)
2,607.2 12.3 3,022.9 12.7 2,692.0 12.9 
Total Hardware15,702.6 73.5 18,091.0 76.1 16,769.6 80.6 
Software(1)
3,799.3 17.8 3,684.9 15.5 2,802.4 13.5 
Services(1)
1,761.3 8.2 1,842.0 7.8 1,126.1 5.4 
Other(2)
112.8 0.5 130.8 0.6 122.7 0.5 
Total Net sales$21,376.0 100.0 %$23,748.7 100.0 %$20,820.8 100.0 %
(1)Certain software and services revenues are recorded on a net basis for accounting purposes. As a result, the category percentage of net revenues is not representative of the category percentage of gross profits.
(2)Includes items such as delivery charges to customers.
(3)Prior period amounts have been reclassified to conform with current period presentation.