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| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Transferred at a point in time where CDW is principal | 21,016.1 | 18,990.0 | 16,754.9 | 16,552.6 | 14,984.0 | 13,728.5 | | |
| United States | 20,828.6 | 18,238.8 | 16,379.2 | 15,893.3 | 14,379.6 | 13,319.9 | | |
| Private Sector | 10,350.1 | 8,179.7 | 6,846.0 | 7,499.0 | 6,842.5 | 6,172.8 | | 5,878.7 |
| Public Sector | 8,551.3 | 8,183.6 | 8,137.7 | 6,864.8 | 6,154.7 | 5,906.5 | | 5,183.6 |
| Other | | | | | | | | 1,926.4 |
| Total revenues | 23,748.7 | 20,820.8 | 18,467.5 | 18,032.4 | 16,240.5 | 14,832.9 | 13,672.7 | 12,988.7 |
| Revenue growth [+] | 14.1% | 12.7% | 2.4% | 11.0% | 9.5% | 8.5% | 5.3% | 7.6% |
| Transferred at a point in time where CDW is principal | 10.7% | 13.3% | 1.2% | 10.5% | 9.1% | | | |
| United States | 14.2% | 11.4% | 3.1% | 10.5% | 8.0% | | | |
| Private Sector | 26.5% | 19.5% | -8.7% | 9.6% | 10.8% | | | -11.0% |
| Public Sector | 4.5% | 0.6% | 18.5% | 11.5% | 4.2% | | | 5.0% |
| Government | 19.4% | -27.6% | 18.2% | 20.1% | -0.6% | | | |
| Cost of goods sold | 19,062.1 | 17,252.3 | 15,257.4 | 14,992.5 | 13,533.6 | 12,382.7 | 11,344.4 | 10,872.9 |
| Gross profit | 4,686.6 | 3,568.5 | 3,210.1 | 3,039.9 | 2,706.9 | 2,450.2 | 2,328.3 | 2,115.8 |
| Gross margin | 19.7% | 17.1% | 17.4% | 16.9% | 16.7% | 16.5% | 17.0% | 16.3% |
| Selling, general and administrative [+] | 2,951.4 | 2,149.5 | 2,030.9 | 1,906.3 | 1,719.6 | 1,583.7 | 1,508.3 | 1,373.8 |
| Sales and marketing | | | | | | 173.7 | 162.9 | 147.8 |
| Other selling, general and administrative | | | | | | 1,410.0 | 1,345.4 | 1,226.0 |
| Adjusted EBITDA | 2,116.9 | 1,682.8 | 1,647.3 | 1,449.2 | 1,293.6 | 1,171.1 | 1,113.7 | 1,000.6 |
| Adjusted EBITDA margin | 8.9% | 8.1% | 8.9% | 8.0% | 8.0% | 7.9% | 8.1% | 7.7% |
| Stock-based compensation | 91.1 | 72.6 | 42.5 | 48.5 | 40.7 | 43.7 | 39.2 | 31.2 |
| EBITDA [+] | 2,025.8 | 1,610.2 | 1,604.8 | 1,400.7 | 1,252.9 | 1,127.4 | 1,074.5 | 969.4 |
| EBITDA growth | 25.8% | 0.3% | 14.6% | 11.8% | 11.1% | 4.9% | 10.8% | 10.0% |
| EBITDA margin | 8.5% | 7.7% | 8.7% | 7.8% | 7.7% | 7.6% | 7.9% | 7.5% |
| Depreciation | 57.6 | 42.2 | 213.6 | 48.1 | 42.6 | 39.9 | 38.5 | 28.4 |
| EBITA | 1,968.2 | 1,568.0 | 1,391.2 | 1,352.6 | 1,210.3 | 1,087.5 | 1,036.0 | 941.0 |
| EBITA margin | 8.3% | 7.5% | 7.5% | 7.5% | 7.5% | 7.3% | 7.6% | 7.2% |
| Amortization of intangibles | 233.0 | 149.0 | 212.0 | 219.0 | 223.0 | 221.0 | 216.0 | 199.0 |
| EBIT [+] | 1,735.2 | 1,419.0 | 1,179.2 | 1,133.6 | 987.3 | 866.5 | 820.0 | 742.0 |
| EBIT growth | 22.3% | 20.3% | 4.0% | 14.8% | 13.9% | 5.7% | 10.5% | 10.3% |
| EBIT margin | 7.3% | 6.8% | 6.4% | 6.3% | 6.1% | 5.8% | 6.0% | 5.7% |
| Interest expense | 235.7 | 150.9 | 154.9 | 159.4 | 148.6 | 150.5 | 146.5 | 159.5 |
| Interest expense | 235.7 | 150.9 | 154.9 | 159.4 | 148.6 | 150.5 | 146.5 | 159.5 |
| Other income (expense), net [+] | -11.7 | 29.7 | -22.0 | -24.5 | 1.8 | -55.3 | -0.3 | 64.5 |
| Gain (loss) on debt retirement | | | | | | | -2.1 | -24.3 |
| Extraordinary gain | | | | | | | | 98.1 |
| Other | -11.7 | 29.7 | -22.0 | -24.5 | 1.8 | -55.3 | 1.8 | -9.3 |
| Pre-tax income | 1,487.8 | 1,297.8 | 1,002.3 | 949.7 | 840.5 | 660.7 | 673.2 | 647.0 |
| Income taxes | 373.3 | 309.2 | 213.8 | 212.9 | 197.5 | 137.6 | 248.1 | 243.9 |
| Tax rate | 25.1% | 23.8% | 21.3% | 22.4% | 23.5% | 20.8% | 36.9% | 37.7% |
| Net income | 1,114.5 | 988.6 | 788.5 | 736.8 | 643.0 | 523.1 | 425.1 | 403.1 |
| Net margin | 4.7% | 4.7% | 4.3% | 4.1% | 4.0% | 3.5% | 3.1% | 3.1% |
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| Basic EPS [+] | $8.24 | $7.14 | $5.53 | $5.08 | $4.26 | $3.37 | $2.60 | $2.37 |
| Growth | 15.5% | 29.1% | 8.9% | 19.2% | 26.6% | 29.5% | 9.8% | 64.9% |
| Diluted EPS [+] | $8.14 | $7.04 | $5.45 | $4.99 | $4.19 | $3.31 | $2.56 | $2.35 |
| Growth | 15.6% | 29.2% | 9.2% | 19.1% | 26.6% | 29.1% | 9.1% | 65.6% |
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| Dividends per share [+] | $2.09 | $1.70 | $1.54 | $1.27 | $0.93 | $0.69 | $0.48 | $0.31 |
| Growth | 22.9% | 10.4% | 21.7% | 36.8% | 34.1% | 43.0% | 55.6% | 59.0% |
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| Shares outstanding (basic) [+] | 135.2 | 138.5 | 142.6 | 145.1 | 150.9 | 155.4 | 163.6 | 170.3 |
| Growth | -2.4% | -2.9% | -1.7% | -3.8% | -2.9% | -5.0% | -3.9% | -0.2% |
| Shares outstanding (diluted) [+] | 137.0 | 140.5 | 144.8 | 147.8 | 153.6 | 158.2 | 166.0 | 171.8 |
| Growth | -2.5% | -3.0% | -2.0% | -3.8% | -2.9% | -4.7% | -3.4% | -0.6% |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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