CDW · 8-K · 20261104PR000113
Liquidity and Debt Position
CDW Corp · 2026-11-04 · Importance 53 · Surprise 48 · From source text
At September 30, 2026, CDW had cash and cash equivalents of $1,538.7 million and total debt of $7,124.3 million, compared with $452.9 million and $5,628.8 million, respectively, a year earlier. Net debt increased to $5,585.6 million from $5,175.9 million. Cash plus revolver availability was $3,408.2 million, including revolver availability of $1,869.5 million.
Key facts
- CDW's total debt was $7,124.3 million at September 30, 2026, compared with $5,629.8 million at December 31, 2025 and $5,628.8 million at September 30, 2025. source
- CDW's net debt was $5,585.6 million at September 30, 2026, compared with $5,011.1 million at December 31, 2025 and $5,175.9 million at September 30, 2025. source
- CDW's cash plus revolver availability was $3,408.2 million at September 30, 2026, compared with $2,544.5 million at December 31, 2025 and $1,757.3 million at September 30, 2025. source
- CDW's cash and cash equivalents were $1,538.7 million at September 30, 2026, compared with $618.7 million at December 31, 2025 and $452.9 million at September 30, 2025. source
- CDW's revolver availability was $1,869.5 million at September 30, 2026, compared with $1,925.8 million at December 31, 2025 and $1,304.4 million at September 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | -8.7% | CDW's total debt was $7,124.3 million at September 30, 2026, compared with $5,629.8 million at December 31, 2025 and $5,628.8 million at… |
| cash | positive | realized | +5.3% | CDW's cash and cash equivalents were $1,538.7 million at September 30, 2026, compared with $618.7 million at December 31, 2025 and $452.9… |