SUMMARIZED FINANCIAL INFORMATION OF ANIXTER INC. (Tables)

12 Months Ended

Dec. 29, 2017

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CONDENSED CONSOLIDATED BALANCE SHEETS

The following summarizes the financial information for Anixter Inc.:

ANIXTER INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In millions)	December 29, 2017		December 30, 2016
Assets:
Current assets	$	2,833.5	$	2,688.3
Property, equipment and capital leases, net	161.3		148.4
Goodwill	778.1		764.6
Intangible assets, net	378.8		415.4
Other assets	107.2		84.8
	$	4,258.9	$	4,101.5
Liabilities and Stockholders' Equity:
Current liabilities	$	1,351.9	$	1,264.9
Subordinated notes payable to parent	—		0.7
Long-term debt	1,257.7		1,390.1
Other liabilities	192.9		156.8
Stockholder’s equity	1,456.4		1,289.0
	$	4,258.9	$	4,101.5

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

ANIXTER INC.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

	Twelve Months Ended
(In millions)	December 29, 2017		December 30, 2016			January 1, 2016
Net sales	$	7,927.4	$	7,622.8		$	6,190.5
Operating income	$	319.6	$	291.6		$	273.8
Income from continuing operations before income taxes	$	243.2	$	202.6		$	187.9
Net (loss) income from discontinued operations	$	—	$	(0.6	)	$	30.7
Net income	$	112.6	$	123.8		$	130.7
Comprehensive income	$	153.2	$	103.4		$	38.2