SUMMARIZED FINANCIAL INFORMATION OF ANIXTER INC.

Anixter International Inc. guarantees, fully and unconditionally, substantially all of the debt of its subsidiaries, which include Anixter Inc., its 100% owned primary operating subsidiary. Anixter International Inc. has no independent assets or operations and all subsidiaries other than Anixter Inc. are minor. The following summarizes the financial information for Anixter Inc.:

ANIXTER INC.

CONDENSED CONSOLIDATED BALANCE SHEETS



(In millions)	December 28, 2018		December 29, 2017
Assets:
Current assets	$	3,171.6	$	2,833.5
Property, equipment and capital leases, net	169.1		161.3
Goodwill	832.0		778.1
Intangible assets, net	392.9		378.8
Other assets	92.9		107.2
	$	4,658.5	$	4,258.9
Liabilities and Stockholder's Equity:
Current liabilities	$	1,630.3	$	1,351.9
Long-term debt	1,260.7		1,257.7
Other liabilities	199.6		192.9
Stockholder’s equity	1,567.9		1,456.4
	$	4,658.5	$	4,258.9

ANIXTER INC.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME



	Twelve Months Ended
(In millions)	December 28, 2018		December 29, 2017		December 30, 2016
Net sales	$	8,400.2	$	7,927.4	$	7,622.8
Operating income	$	316.4	$	319.4	$	301.8
Income from continuing operations before income taxes	$	229.1	$	243.2	$	202.6
Net loss from discontinued operations	$	—	$	—	$	(0.6	)
Net income	$	160.9	$	112.6	$	123.8
Comprehensive income	$	101.8	$	153.2	$	103.4