Edgar Filing: WESCO INTERNATIONAL INC

WCC - 2012 11-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 11-K

(Mark One)


þ	ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

for the fiscal year ended December 29, 2012


o	TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

for the transition period from to

COMMISSION FILE NUMBER 1-14989

A.Full title of the plan and address of the plan, if different from that of the issuer named below:

WESCO DISTRIBUTION, INC. RETIREMENT SAVINGS PLAN

B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive offices:

WESCO INTERNATIONAL, Inc.

225 West Station Square Drive

Suite 700

Pittsburgh, Pennsylvania 15219-1122

WESCO Distribution, Inc.

Retirement Savings Plan

Index



	Page(s)
Report of Independent Registered Public Accounting Firm	1

Financial Statements

Statements of Net Assets Available for Benefits as of December 29, 2012 and 2011	2

Statements of Changes in Net Assets Available for Benefits for the fiscal years ended December 29, 2012 and 2011	3

Notes to Financial Statements	4

Supplementary Schedule

Schedule H, line 4(i) - Schedule of Assets (Held at End of Year) as of December 29, 2012	14

Exhibit 23.1 Consent of Independent Registered Public Accounting Firm	36
EX-23.1

Report of Independent Registered Public Accounting Firm

To the Participants and Administrator of the

WESCO Distribution, Inc. Retirement Savings Plan

Pittsburgh, Pennsylvania

We have audited the accompanying statements of net assets available for benefits of the WESCO Distribution, Inc. Retirement Savings Plan (the Plan) as of December 29, 2012 and 2011, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States of America). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan's internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, such financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 29, 2012 and 2011, and the changes in net assets available for benefits for the years then ended, in conformity with accounting principles generally accepted in the United States of America.

Our audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplementary schedule of assets (held at end of year) is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is supplementary information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplementary schedule is the responsibility of the Plan's management. The supplementary schedule has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, the information is fairly stated in all material respects in relation to the basic financial statements taken as a whole.

/s/ Alpern Rosenthal

Pittsburgh, Pennsylvania

June 27, 2013

WESCO Distribution, Inc.

Retirement Savings Plan

Statements of Net Assets Available for Benefits

December 29, 2012 and 2011



	2012			2011
Investments at fair value (Notes 2, 4, and 5)
Shares of registered investment companies	$	255,948,593		$	212,889,446
Common collective trusts	26,680,798			24,425,750
Stock funds and self-directed accounts	25,716,451			24,187,238
Stable Value Fund	146,027,795			131,188,232
RAFI Enhanced Large Company Fund	24,538,548			22,638,897
	478,912,185			415,329,563
Receivables
Employer discretionary contribution	16,589,240			15,035,869
Promissory notes from participants (Note 6)	12,655,148			11,742,957
Net assets available for benefits at fair value	508,156,573			442,108,389

Adjustment from fair value to contract value for interest in
the Stable Value Fund relating to fully benefit-responsive
contracts (Note 5)	(10,736,845		)	(9,920,573		)
Net assets available for benefits	$	497,419,728		$	432,187,816

The accompanying notes are an integral part of these financial statements.

WESCO Distribution, Inc.

Retirement Savings Plan

Statements of Changes in Net Assets Available for Benefits

Fiscal Years Ended December 29, 2012 and 2011



	2012		2011
Additions
Employee contributions	$	26,404,830	$	24,525,941
Employee rollovers	1,446,515		1,567,368
Employer contributions (including discretionary contributions)	24,977,082		23,514,952
Net appreciation from shares of registered investment companies	26,607,083		—
Net appreciation from common collective trusts	2,499,649		—
Net appreciation from stock funds and self-directed accounts	3,709,733		—
Net appreciation from the Stable Value Fund	4,986,867		4,832,770
Net appreciation from the RAFI Enhanced Large Company Fund	3,047,179		329,422
Interest and dividend income	6,364,525		4,620,459
Total additions	100,043,463		59,390,912

Deductions
Net depreciation from shares of registered investment companies	—		8,187,327
Net depreciation from common collective trusts	—		833,615
Net depreciation from stock funds and self-directed accounts	—		67,877
Distributions to withdrawing participants	39,415,895		35,753,739
Administrative expenses	721,700		828,453
Total deductions	40,137,595		45,671,011
Net increase	59,905,868		13,719,901

Transfers in from RS Electronics and TVC Communications, L.L.C. Plans (Note 8)	5,326,044		12,900,569

Net assets available for benefits
Beginning of year	432,187,816		405,567,346
End of year	$	497,419,728	$	432,187,816

The accompanying notes are an integral part of these financial statements.

WESCO Distribution, Inc.

Retirement Savings Plan

Notes to Financial Statements

December 29, 2012 and 2011


1.	Major Features of the Plan

Background

WESCO Distribution, Inc. Retirement Savings Plan (the “Plan”) was established as of February 28, 1994 (date of inception). At the date of inception, certain employees of the predecessor company became employees of WESCO Distribution, Inc. (the “Company”) and participants in the Plan. At the date of inception, all funds held by the prior plans of the predecessor company related to the employees of the Company were transferred to the Plan.

The Plan is a participant-directed defined contribution plan covering certain employees of the Company and former employees with a fund balance of at least $5,000 who elected to maintain their funds in the Plan. Former employees cannot make contributions to the Plan.

Participation for eligible employees requires an employee to be scheduled to work at least 1,000 hours per year and requires an employee to be paid through the Plan sponsor's payroll system.

Contributions

The Plan is subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). Participants may elect to make tax deferred contributions ranging from 1% up to the lesser of 50% of their eligible compensation or $17,000 and $16,500 for the Plan's fiscal years ended December 29, 2012 and 2011, respectively. The $17,000 limit may be adjusted in future years by the Internal Revenue Service (“IRS”). The sum of the tax deferred contributions and the after-tax contributions cannot exceed 50% of the participant's eligible compensation. Subject to limitation, the Company will make matching contributions in an amount equal to 50% of a participant's total monthly contributions up to a maximum of 3% of their compensation. Also, the Company may, at the Board of Directors' discretion, make a discretionary contribution to the Plan provided certain predetermined profit levels are attained. Discretionary contributions of approximately $16,589,000 and $15,036,000 were made for the Plan's fiscal years ended December 29, 2012 and 2011, respectively.

The Plan includes a negative enrollment policy. Under this policy, if an individual does not submit an automatic enrollment waiver or elect a deferral rate, the employee will be automatically enrolled in the Plan at a 3% deferral rate. The deferral rate is increased by 1% each September 1 until the deferral rate equals 6%.

Participants who have attained age 50 before the close of the plan year are eligible to make catch-up contributions in addition to pre-tax contributions. A catch-up contribution is a pre-tax contribution that exceeds the annual deferral limit. A participant's total catch-up contribution cannot exceed $5,500 in 2012 and 2011. The catch up contribution limits are determined by the IRS and then indexed for inflation. In addition to cash, in-kind contributions are permitted which may consist of stocks, bonds, property or other securities.

Vesting

Participants are fully vested in the value of their contributions and related investment income at all times and vest in their allocated share of employer matching and discretionary contributions according to the following table:



Less than two years of service	0	%
Two years of service	20	%
Three years of service	40	%
Four years of service	66	%
Five or more years of service	100	%

In conjunction with a leveraged recapitalization of the Company, all active employees as of June 5, 1998 became fully vested.

WESCO Distribution, Inc.

Retirement Savings Plan

Notes to Financial Statements

December 29, 2012 and 2011

Distributions

A participant may not withdraw any amount from their vested account balance unless they are age 59½, retire, become deceased or disabled, terminate employment, or experience financial hardship.

A participant who qualifies for a hardship withdrawal is suspended from making contributions to the Plan for six months. Under present IRS rules, a “hardship” means an immediate and heavy need to draw on financial resources to meet obligations related to health, education, housing, or death of a family member.

A participant, upon termination of service, may either receive a lump-sum payment of their vested account balance or transfer their balance to the trustee or custodian of another eligible retirement plan.

Forfeitures

Employer contributions forfeited by participants not vested at their termination date are used to reinstate previously forfeited account balances of former participants who have returned to the Company, reduce employer contributions in accordance with the Plan's provisions or pay Plan expenses. Total forfeitures that reduced employer contributions in both 2012 and 2011 were approximately $1,184,000 and $741,000, respectively. As of December 29, 2012, a balance of approximately $590,000 was available to reduce employer contributions in 2013.

Participant Accounts

An account is maintained for each participant, which is credited with the participant's and the employer's matching contributions and an allocation of employer's discretionary contributions, and plan earnings and charged with benefit payments and an allocation of plan losses and administrative expenses. Allocations are based on participant contributions or account balances, as defined by the Plan. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested account balance.

Plan Termination

Although the Company has not expressed any intent to do so, it has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event the Plan terminates, participants will become 100% vested in their accounts, and all vested assets shall be distributed to the participants in accordance with the terms of the Plan, or in such other manner, not inconsistent with the requirements of any applicable law or regulation, as the Company may in its sole discretion determine.


2.	Summary of Significant Accounting Policies

Accounting Principles

The financial statements of the Plan have been prepared in accordance with accounting principles generally accepted in the United States of America. The following are the significant accounting policies followed by the Plan:

Basis of Accounting

The accounting records of the Plan are maintained on the accrual basis of accounting.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make significant estimates and assumptions. These estimates may affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements and the reported. Actual results could differ from those estimates.

WESCO Distribution, Inc.

Retirement Savings Plan

Notes to Financial Statements

December 29, 2012 and 2011

Investment Valuation and Income Recognition

The Plan has adopted a framework for measuring fair value under current accounting pronouncements that requires fair value measurements and enhanced disclosures about fair value measurements. This framework defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction. Disclosures include a fair value hierarchy which requires an entity to maximize the use of observable inputs when measuring fair value.

The three levels of inputs that may be used to measure fair value are as follows:


•	Level 1 - Observable inputs such as quoted prices in active markets for identical investments that the Plan has the ability to access.


•	Level 2 - Inputs include:


1.	Quoted prices for similar assets or liabilities in active markets;


2.	Quoted prices for identical or similar assets or liabilities in inactive markets;


3.	Inputs, other than quoted prices in active markets, that are observable either directly or indirectly;


4.	Inputs that are derived principally from, or corroborated by, observable market data by correlation or other means.


•	Level 3 - Unobservable inputs in which there is little or no market activity for the asset or liability, which require the reporting entity to develop its own estimates and assumptions relating to the pricing of the asset or liability, including assumptions regarding risk.

The asset's or liability's fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.

Following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used as of December 29, 2012 and 2011.


•	Common stocks, corporate bonds and U.S. government securities are valued at the closing price reported on the active market on which the individual securities are traded.


•	Registered investment companies are valued at the net asset value of shares held by the Plan as of December 29.

•

Common collective trusts are valued at fair value by determining the price of the underlying investments. Equities listed on an exchange are valued at the latest quoted sales price of the exchange on which the security is primarily traded. Securities that are not traded on the valuation date or securities that are not listed on an exchange are valued at the latest bid price provided by the trust's pricing service.


•	The Stable Value Fund (Note 5) is valued based on the underlying securities which include corporate bonds, commercial mortgage-backed securities and government securities.


•	The RAFI Enhanced Large Company Fund is valued based on the underlying securities which include common stocks.

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement as of the reporting date.

WESCO Distribution, Inc.

Retirement Savings Plan

Notes to Financial Statements

December 29, 2012 and 2011

Investment contracts held by a defined-contribution plan are required to be reported at fair value. However, contract value is the relevant measurement attribute for that portion of the net assets available for benefits of a defined-contribution plan attributable to fully benefit-responsive investment contracts, because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the plan. As required by current accounting pronouncements, the statement of net assets available for benefits presents the fair value of the investment contracts as well as the adjustment of the fully benefit-responsive investment contracts from fair value to contract value. The statement of changes in net assets available for benefits is prepared on a contract value basis.

Purchases and sales of securities are recorded on a trade date basis. Dividends are recorded on the ex-dividend date. Interest income is recorded on an accrual basis.

Net Appreciation (Depreciation) in Value of Investments

The Plan presents in the statement of changes in net assets available for benefits the net appreciation (depreciation) in the fair value of its investments, consisting of realized gains (losses) and unrealized gains (losses) in the registered investment companies, common collective trusts, Stable Value Fund, RAFI Enhanced Large Company Fund, WESCO International stock and other common stocks.

Risks and Uncertainties

The Plan provides for various investment options in any combination of stocks, bonds, fixed income securities and other investment securities. Investment securities are exposed to various risks, such as interest rate, market and credit risk. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in the near-term could materially affect (i) participants' account balances, and (ii) the amounts reported in the (a) statements of net assets available for benefits and the (b) statements of changes in net assets available for benefits.

Payment of Benefits

Benefits are recorded when paid.

Other

All administrative expenses were paid by the Plan during 2012 and 2011.


3.	Tax Status

The IRS has determined and informed the Company by a letter dated November 15, 2012, that the Plan is designed in accordance with Section 401(a) of the Internal Revenue Code (“IRC”) and, therefore, is exempt from federal taxes under provisions of Section 501(a). Accordingly, no provision for income taxes has been included in the Plan's financial statements. The Plan has been amended since receiving its determination letter. However, the Plan administrator and the Plan's tax counsel believe the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC.

Accounting principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by a taxing authority. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The plan administrator believes it is no longer subject to income tax examinations for years prior to 2010.

WESCO Distribution, Inc.

Retirement Savings Plan

Notes to Financial Statements

December 29, 2012 and 2011


4.	Investments

The following tables sets forth the fair value of the Plan's assets by level, as described in Note 2, as of December 29, 2012 and 2011:



	December 29, 2012
		Level 1		Level 2		Total
Shares of registered investment companies
Small growth		$	5,313,779	$	—	$	5,313,779
Small value		2,996,244		—		2,996,244
Large growth		39,507,432		—		39,507,432
Large value		17,145,276		—		17,145,276
Moderate allocation		67,974,104		—		67,974,104
Mid-cap value		20,706,056		—		20,706,056
Mid-cap growth		42,611,385		—		42,611,385
Foreign large blend		26,211,615		—		26,211,615
Intermediate-term bond		28,312,105		—		28,312,105
World bond		5,170,597		—		5,170,597
Total shares of registered investment companies		255,948,593		—		255,948,593

Common collective trusts
Conservative allocation		—		5,348,021		5,348,021
Moderate allocation		—		12,905,154		12,905,154
Large blend		—		8,427,623		8,427,623
Total common collective trusts		—		26,680,798		26,680,798

Stock funds and self-directed accounts
WESCO International Pooled Stock Fund		18,242,229		—		18,242,229

Self-directed accounts
Cash and cash equivalents		1,231,640		—		1,231,640
Common stock
Transportation		74,940		—		74,940
Food, beverages & tobacco		333,494		—		333,494
Building materials		70,089		—		70,089
Chemicals		35,097		—		35,097
Communications & media		267,537		—		267,537
Electronics & equipment		511,576		—		511,576
Energy		444,173		—		444,173

WESCO Distribution, Inc.

Retirement Savings Plan

Notes to Financial Statements

December 29, 2012 and 2011



	December 29, 2012 (continued)
		Level 1		Level 2		Total
Financial		615,395		—		615,395
Health care services		229,692		—		229,692
Industrial		125,790		—		125,790
Leisure & entertainment		206,380		—		206,380
Metals		194,543		—		194,543
Miscellaneous		98,605		—		98,605
Multi-industry		144,769		—		144,769
Retail		164,333		—		164,333
Utilities		407,079		—		407,079
Mutual funds:				—
Fixed		460,397		—		460,397
Balanced		283,131		—		283,131
Equity		1,080,120		—		1,080,120
International		495,442		—		495,442
Total stock funds and self-directed accounts		25,716,451		—		25,716,451

Stable Value Fund		—		146,027,795		146,027,795

RAFI Enhanced Large Company Fund
Cash and cash equivalents		—		196,552		196,552
Common stock
Consumer discretionary		—		2,712,129		2,712,129
Consumer staples		—		2,197,265		2,197,265
Distribution services		—		338,896		338,896
Energy		—		2,279,133		2,279,133
Financials		—		5,051,539		5,051,539
Health care services		—		2,133,452		2,133,452
Industrials		—		2,841,503		2,841,503
Information technology		—		3,621,612		3,621,612
Materials		—		866,517		866,517
Telecommunication services		—		779,760		779,760
Utilities		—		1,520,190		1,520,190
Total RAFI Enhanced Large Company Fund		—		24,538,548		24,538,548

		$	281,665,044	$	197,247,141	$	478,912,185

WESCO Distribution, Inc.

Retirement Savings Plan

Notes to Financial Statements

December 29, 2012 and 2011



	December 29, 2011
		Level 1		Level 2		Total
Shares of registered investment companies
Small growth		$	3,963,931	$	—	$	3,963,931
Small value		2,278,256		—		2,278,256
Large growth		34,794,349		—		34,794,349
Large value		14,309,876		—		14,309,876
Moderate allocation		52,424,484		—		52,424,484
Mid-cap value		19,028,710		—		19,028,710
Mid-cap growth		38,768,312		—		38,768,312
Foreign large blend		22,296,936		—		22,296,936
Intermediate-term bond		23,230,499		—		23,230,499
World bond		1,794,093		—		1,794,093
Total shares of registered investment companies		212,889,446		—		212,889,446

Common collective trusts
Conservative allocation		—		4,805,624		4,805,624
Moderate allocation		—		11,400,358		11,400,358
Large blend		—		8,219,768		8,219,768
Total common collective trusts		—		24,425,750		24,425,750

Stock funds and self-directed accounts
WESCO International Pooled Stock Fund		17,276,264		—		17,276,264

Self-directed accounts
Cash and cash equivalents		1,026,658		—		1,026,658
Preferred stock		2		—		2
Common stock
Transportation		177,683		—		177,683
Food, beverages & tobacco		261,066		—		261,066
Building materials		46,302		—		46,302
Chemicals		47,703		—		47,703
Communications & media		154,569		—		154,569
Electronics & equipment		311,686		—		311,686
Energy		240,681		—		240,681
Financial		443,565		—		443,565
Health care services		497,795		—		497,795
Industrial		110,968		—		110,968
Leisure & entertainment		189,277		—		189,277
Metals		186,484		—		186,484
Miscellaneous		176,972		—		176,972
Multi-industry		108,530		—		108,530
Retail		95,659		—		95,659
Utilities		426,136		—		426,136

WESCO Distribution, Inc.

Retirement Savings Plan

Notes to Financial Statements

December 29, 2012 and 2011



	December 29, 2011 (continued)
		Level 1		Level 2		Total
Mutual funds
Fixed	461,821	461,821		—		461,821
Balanced	415,748	415,748		—		415,748
Equity	1,188,070	1,188,070		—		1,188,070
International	343,599	343,599		—		343,599
Total stock funds and self-directed accounts		24,187,238		—		24,187,238

Stable Value Fund		—		131,188,232		131,188,232

RAFI Enhanced Large Company Fund
Cash and cash equivalents		—		180,803		180,803
Common stock
Consumer discretionary		—		2,877,204		2,877,204
Consumer staples		—		2,238,559		2,238,559
Distribution services		—		574,374		574,374
Energy		—		2,761,785		2,761,785
Financials		—		3,352,508		3,352,508
Health care services		—		2,400,930		2,400,930
Industrials		—		2,115,962		2,115,962
Information technology		—		2,659,976		2,659,976
Materials		—		784,284		784,284
Telecommunication services		—		1,149,604		1,149,604
Utilities		—		1,542,908		1,542,908
Total RAFI Enhanced Large Company Fund		—		22,638,897		22,638,897

		$	237,076,684	$	178,252,879	$	415,329,563

Investments (at fair value) representing 5% or more of the net assets available for benefits as of December 29, 2012 and 2011 were as follows:



	2012		2011
AMCAP Fund (Class R-5)	$	39,507,432	$	34,794,349
American Balanced Fund (Class A)	—		52,424,484
Columbia Acorn Fund (Class A)	—		38,768,312
American Balanced Fund (Class R-5)	67,974,104		—
Columbia Acorn Fund (Class Z)	42,611,385		—
Loomis Sayles Investment Grade Bond Fund (Class Y)	28,312,105		23,230,499
Stable Value Fund	146,027,795		131,188,232
Thornburg International Value Fund	26,211,615		22,296,936


5.	The Stable Value Fund

During 2007, the Plan began investing in a fully benefit-responsive synthetic guaranteed interest contract (“GIC”) with an insurance company as part of offering the Stable Value Fund (the “Fund”) investment option to participants. Contributions to this Fund are used to purchase units of a collective trust vehicle which is invested in high-quality U.S. bonds, including U.S. government treasuries, corporate debt securities, and other high-credit-quality asset-backed securities. The GIC issuer is contractually obligated to repay the principal and a specified interest rate that is guaranteed to the Plan. There are no

WESCO Distribution, Inc.

Retirement Savings Plan

Notes to Financial Statements

December 29, 2012 and 2011

reserves against contract value for credit risk of the contract issuer or otherwise.

The Fund has entered into a wrap contract with an insurance company under which the insurance company provides a guarantee with respect to the availability of funds to make distributions from this investment option. This insurance contract is carried at contract value in the participants' accounts.

Participant accounts in the Fund are credited with interest at a fixed rate that is reset quarterly based on an agreed-upon formula as defined in the contract. The primary variables which could impact the future interest rates that are credited to the participant's accounts (“credited rates”) include (i) the amount and timing of participant contributions, (ii) transfers and withdrawals into/out of the contract, (iii) the current yield of the assets underlying the contract, (iv) the duration of the assets underlying the contract, and (v) the existing difference between fair value of the securities and the contract value of the assets within the insurance contract. The credited rate of security-backed contracts will track current market yields on a trailing basis. The rate reset feature allows the contract value to converge with the fair value of the underlying portfolio over time, assuming the portfolio continues to earn the current yield for a period of time equal to the current portfolio duration.

To the extent that the underlying portfolio has unrealized and/or realized losses, a positive adjustment is made when reconciling from fair value to contract value under contract value accounting. As a result, the future credited rate may be lower over time than the current market rates. Similarly, if the underlying portfolio generates unrealized and/or realized gains, a negative adjustment is made when reconciling from fair value to contract value, and in the future, the credited rate may be higher than the current market rates. The insurance contract cannot credit an interest rate that is less than zero percent.

Certain events limit the ability of the Plan to transact at contract value with the insurance company. Such events are limited to premature termination of the contract by the Plan or plan termination. The plan sponsor has not expressed any intention to take either of these actions.

As described in Note 2, because the synthetic GIC is fully benefit-responsive, contract value is the relevant measurement attribute for that portion of the net assets available for benefits attributable to the synthetic GICs. Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investment at contract value.

The average yields earned by the Fund as of December 29, 2012 and 2011 are as follows:



Average yield for synthetic GICs	2012	2011
Based on actual earnings	1.52%	1.93%
Based on interest rate credited to participants	3.36%	3.84%


6.	Promissory Notes From Participants

Participants are permitted to borrow against a portion of their vested account balance, pursuant to nondiscriminatory rules established by the Administrative Committee, up to a maximum of $50,000 or 50% of their vested account balance. Each loan is to be repaid over a period not to exceed five years.

The interest rate applied to participant loans is established each month by the Administrative Committee at 1% above the PNC Bank prime interest rate. The interest rate on loans outstanding ranged between 4.25% and 10.5% for the fiscal years ended December 29, 2012 and 2011. Principal and interest payments are generally made through monthly payroll deductions and are credited to the participant's individual account. Loans of approximately $6,843,000 and $6,257,000 were made from the Plan and loan principal repayments of approximately $5,907,000 and $5,525,000 were received by the Plan for the fiscal years ended December 29, 2012 and 2011, respectively. Interest on the promissory notes of approximately $539,000 and $500,000 was earned by the Plan for the fiscal years ended December 29, 2012 and 2011, respectively.

WESCO Distribution, Inc.

Retirement Savings Plan

Notes to Financial Statements

December 29, 2012 and 2011


7.	Related Party Transactions

Participants of the Plan may elect to invest in WESCO International, Inc. common stock within the WESCO Pooled Stock Fund. WESCO International, Inc. owns 100% of the Company. Therefore, these transactions qualify as party-in-interest transactions. Purchases and sales proceeds within the WESCO Pooled Stock Fund for 2012 were $4,328,000 and $6,812,000, respectively, and purchases and sales proceeds for 2011 were $4,554,000 and $4,190,000, respectively.


8.	Plan Transfers

On December 16, 2010, the Company acquired TVC Communications, L.L.C and on April 5, 2011, the participant balances of the acquired company were transferred into the Plan. At that time, the TVC Communications, L.L.C. plan's net assets available for benefits of approximately $12,901,000 were transferred into the Plan.

As a result of the acquisition of the business of RS Electronics on January 3, 2012, approximately 100 participants were added to the Plan. These participants transferred assets of approximately $5,326,000 to the Plan on April 2, 2012.


9.	Subsequent Event

As a result of the acquisition of the business of Conney Safety Products, LLC on July 9, 2012, the participant balances of approximately $3,965,000 of the acquired company were transferred into the Plan in 2013.



WESCO Distribution, Inc.
Retirement Savings Plan
Schedule of Assets (Held at End of Year)
EIN 25-1723345, Plan Number 001
December 29, 2012



(a)	(b)	(c)	(d)
		Description of Investment
	Identity of Issue,	Including Maturity Date,
	Borrower, Lessor or	Rate of Interest, Collateral,	Current
	Similar Party	Par, or Maturity Value	Value
	AMCAP FUND	AMCAP Fund (Class R-5)	$	39,507,432
	AMERICAN FUNDS	American Balanced Fund (Class R-5)	67,974,104
	BARON FUNDS	Baron Small Cap Fund	5,313,779
	COLUMBIA MUTUAL FUNDS	Columbia Acorn Fund (Class Z)	42,611,385
	DIAMOND HILL FAMILY OF FUNDS	Diamond Hill Small Cap Fund	2,996,244
	LOOMIS SAYLES	Loomis Sayles Invest Grade Bond	28,312,105
	JP MORGAN	JP Morgan Mid Cap Value Fund	20,706,056
	MFS FAMILY OF FUNDS	MFS Value Fund (Class R-4)	17,145,276
	FRANKLIN TEMPLETON FUNDS	Templeton Global Bond Fund	5,170,597
	THORNBURG INTERNATIONAL	Thornburg International Value Fund	26,211,615
	Registered Investment Companies Total		255,948,593

	MANNING & NAPIER PRO-BLEND FUNDS	Manning & Napier Pro-Blend Conservative Term	5,652,723
	MANNING & NAPIER PRO-BLEND FUNDS	Manning & Napier Pro-Blend Extended Term	7,252,431
	MANNING & NAPIER PRO-BLEND FUNDS	Manning &Napier Pro-Blend Maximum Term	8,427,623
	MANNING & NAPIER PRO-BLEND FUNDS	Manning & Napier Pro-Blend Moderate Term	5,348,021
	Common Collective Trusts Total		26,680,798

*	WESCO INTERNATIONAL, INC.	WESCO International Pooled Stock Fund	18,242,229
	3M COMPANY	Common Stock	19,824
	ABBOTT LABS	Common Stock	9,019
	ABERDEEN ASIA	Pacific Income	7,740
	ADVANCED ENERGY INDUSTRIES	Common Stock	3,128
	AFLAC INC.	Common Stock	2,613
	AGL RESOURCES	Common Stock	39,680
	AGNICO EAGLE MINES LTD	Common Stock	11,656
	AGRIUM INC.	Common Stock	4,899
	ALASKA COMMUNICATIONS SYSTEMS GROUP INC.	Common Stock	990
	ALCATEL-LUCENT ADS	Common Stock	4,128
	ALCOA INC.	Common Stock	8,998
	ALLIANCE BERNSTEIN	Global High Income Fund	62,960
	ALLIANCE FINANCIAL CORP	Common Stock	7,693
	AMAZON.COM INC.	Common Stock	5,884
	AMERICAN BEACON FUNDS	Large Cap Value Fund	8,142
	AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS	Moderate Fund	52,218
	AMERICAN ELECTRIC POWER INC	Common Stock	42,210
	AMGEN INC.	Common Stock	8,524
	AMTECH SYSTEMS INC.	Common Stock	3,746
	ANCESTRY.COM INC.	Common Stock	2,884
	ANNALY CAPITAL MANAGEMENT INC.	Common Stock	4,203
	AOL INC.	Common Stock	1,854
	APOLLO COMMERCIAL REAL ESTATE	Common Stock	9,708
	APPLE INC.	Common Stock	226,263
	APPLIED MATERIALS INC.	Common Stock	1,092
	ARCHER DANIELS MIDLAND COMPANY	Common Stock	2,872
	ARTISAN FUNDS	International Investor Shrs	6,644
	ASTEX PHARMACEUTICALS	Common Stock	1,430
	AT&T INC	Common Stock	6,664
	ATLANTIC POWER CORPORATION	Common Stock	7,038
	AUTOMATIC DATA PROCESSING INC.	Common Stock	5,858
	AVON PROD INC	Common Stock	27,960
	BAIDU.COM INC.	Common Stock	3,564



WESCO Distribution, Inc.
Retirement Savings Plan
Schedule of Assets (Held at End of Year)
EIN 25-1723345, Plan Number 001
December 29, 2012



(a)	(b)	(c)	(d)
		Description of Investment
	Identity of Issue,	Including Maturity Date,
	Borrower, Lessor or	Rate of Interest, Collateral,	Current
	Similar Party	Par, or Maturity Value	Value
	BAKER HUGHES INC.	Common Stock	7,587
	BANCO SANTANDER CEN-SPON-ADR	Common Stock	2,218
	BANK MONTREAL QUE COM	Common Stock	12,198
	BANK OF AMERICA CORP	Common Stock	5,339
	BAXTER INTERNATIONAL INC.	Common Stock	6,731
	BERKSHIRE HATHAWAY INC.	Common Stock	26,565
	BHP BILLITON LTP-SPON ADR	Common Stock	7,686
	BIOTIME INC.	Common Stock	88
	BLACKROCK KELSO CAPITAL CORP	Common Stock	9,850
	BOEING CO.	Common Stock	14,938
	BOFI HOLDING INC	Common Stock	81,150
	BP PLC - ADR	Common Stock	34,449
	BP PRUDHOE BAY ROYALTY TRUST	Common Stock	2,649
	BROOKFIELD INFRASTRUCTURE PARTNERS LP	Common Stock	30,250
	BUCKLE INC COM	Common Stock	1,716
	BUFFALO WILD WINGS INC	Common Stock	2,878
	CALUMET SPECIALTY PRODS PARTNERS LP	Common Stock	8,865
	CARDIUM THERAPEUTICS INC.	Common Stock	1,710
	CASH	Cash and cash equivalents	1,231,640
	CATERPILLAR INC.	Common Stock	15,262
	CBS CORP.	Common Stock	72,558
	CELGENE CORP.	Common Stock	23,319
	CELL THERAPEUTICS	Common Stock	130
	CEMEX SAB DE CV	Common Stock	11,306
	CENTRAL GOLDTRUST	Common Stock	18,519
	CENTURYLINK INC	Common Stock	1,928
	CHENIERE ENERGY INC	Common Stock	3,650
	CHEVRON CORP.	Common Stock	18,097
	CHIPOTLE MEXICAN GRILL INC	Common Stock	4,067
	CINEMARK HOLDINGS INC.	Common Stock	2,528
	CITIGROUP INC.	Common Stock	102,791
	CLEAN ENERGY FUELS CORP	Common Stock	3,621
	COACH INC	Common Stock	5,104
	COCA COLA COMPANY	Common Stock	93,882
	COHEN & STEERS	Real Estate Fund	3,961
	COLUMBIA	Value & Restructuring Fund - Class Z	5,008
	COLUMBIA	Global Bond Fund - Class R4	142,909
	COMCAST CORP.	Common Stock	7,042
	COMPASS MINERALS INTERNATIONAL	Common Stock	18,795
	CONSOLIDATED EDISON INC	Common Stock	35,704
	CORTEX BUSINESS SOLUTIONS	Common Stock	1,305
	CORPORATE EXECUTIVE BOARD	Common Stock	4,574
	COSTCO WHSL CORP.	Common Stock	34,327
	CREXUS INVESTMENT CORP	Common Stock	9,840
	CROSSTEX ENERGY INC	Common Stock	4,164
	CTS CORP.	Common Stock	1,016
	CUBIST PHARMACEUTICALS INC	Common Stock	8,320
	CUMMINS INC	Common Stock	1,481
	CVR PARTNERSLP	Common Stock	7,359
	DECKERS OUTDOOR CORP	Common Stock	1,517
	DEERE & CO	Common Stock	8,898
	DELSITE INC	Common Stock	1



WESCO Distribution, Inc.
Retirement Savings Plan
Schedule of Assets (Held at End of Year)
EIN 25-1723345, Plan Number 001
December 29, 2012



(a)	(b)	(c)	(d)
		Description of Investment
	Identity of Issue,	Including Maturity Date,
	Borrower, Lessor or	Rate of Interest, Collateral,	Current
	Similar Party	Par, or Maturity Value	Value
	DEVON ENERGY CORPORATION	Common Stock	15,345
	DEX ONE CORP	Common Stock	179
	DGT HOLDINGS CORPORATION	Common Stock	106
	DIAGEO PLC	Common Stock	29,048
	DIREXION	ETF Trust Daily Financial Bear 3X	24,324
	DISCOVERY LABORATORIES INC.	Common Stock	414
	DOLBY LABORATORIES INC	Common Stock	5,796
	DODGE & COX FUNDS	Stock Fund	13,005
	DODGE & COX FUNDS	Income Fund	77,265
	DORCHESTER MINERALS LP	Common Stock	2,009
	DOW CHEMICAL	Common Stock	20,261
	DU PONT DE NEMOURS AND COMPANY	Common Stock	4,471
	DULUTH METALS LTD	Common Stock	9,641
	DYNAMIC MATERIALS CORP.	Common Stock	1,215
	E TRADE FINANCIAL CORP.	Common Stock	4,380
	EATON CORP.	Common Stock	79,104
	EBIX INC	Common Stock	1,579
	EFTS	Swiss Gold Shares	40,902
	EFTS	Physical Silver Shares	29,750
	EMERSON ELECTRIC CO	Common Stock	3,128
	ENERPLUS CORPORATION	Common Stock	7,224
	EOG RESOURCES INC	Common Stock	11,861
	EXCO RES INC	Common Stock	10,320
	EXELON CORPORATION	Common Stock	90,667
	EXIDE TECHNOLOGIES	Common Stock	16,850
	EXXON MOBIL CORP.	Common Stock	40,720
	FACEBOOK INC	Common Stock	19,382
	FEDERATED INVESTORS INC	Common Stock	2,778
	FIBERTOWER CORP.	Common Stock	22
	FIDELITY INVESTMENTS	Select Natural Resources Fund	37,448
	FIFTH STREET FINANCIAL CORP	Common Stock	9,681
	FIRST HORIZON NATIONAL CORP	Common Stock	3,209
	FIRST NIAGARA FINANCIAL GROUP	Common Stock	2,737
	FORD MOTOR COMPANY	Common Stock	26,075
	FOREST LABS INC	Common Stock	10,452
	FRANCESCA'S HOLDINGS CORP	Common Stock	4,984
	FREEPORT MCMORAN COPPER & GOLD INC.	Common Stock	26,512
	FUEL TECH INC	Common Stock	2,025
	GABELLI	Asset Fund	58,954
	GABELLI	Utilities Fund	49,275
	GENERAL ELECTRIC	Common Stock	100,463
	GENUINE PARTS CO	Common Stock	3,139
	GILEAD SCIENCES INC	Common Stock	7,238
	GLAXOSMITHKLINE PLC - ADR	Common Stock	2,594
	GOLDCORP INC.	Common Stock	3,559
	GOOGLE INC	Common Stock	7,000
	GREEN MOUNTAIN COFFEE INC	Common Stock	51,729
	GSV CAPITAL CORP	Common Stock	12,660
	HARBOR FUNDS	Bond Fund - Institutional Class	14,154
	HASBRO INC	Common Stock	2,825
	HAWAIIAN ELECTRIC IND. INC.	Common Stock	42,835
	HEADWATERS INC.	Common Stock	3,344



WESCO Distribution, Inc.
Retirement Savings Plan
Schedule of Assets (Held at End of Year)
EIN 25-1723345, Plan Number 001
December 29, 2012



(a)	(b)	(c)	(d)
		Description of Investment
	Identity of Issue,	Including Maturity Date,
	Borrower, Lessor or	Rate of Interest, Collateral,	Current
	Similar Party	Par, or Maturity Value	Value
	HEALTHSTREAM INC	Common Stock	22,990
	HEWLETT PACKARD	Common Stock	2,736
	I SHARES	U.S Preferred Stock Index Fund	5,927
	I SHARES	Silver Trust	68,385
	I SHARES	TR Cohen & Steers Realty	6,991
	I SHARES	DJ Select Dividend Index Fund	5,641
	ICON FUNDS	Icon Healthcare Fund	57,700
	IGO INC.	Common Stock	3,138
	IMPALA PLATINUM HOLDINGS LTD - ADR	Common Stock	1,955
	INOVIO BIOMEDICAL CORP	Common Stock	728
	INTEGRAL TECHNOLOGIES INC	Common Stock	1,368
	INTEL CORP.	Common Stock	121,920
	INTERNATIONAL BUSINESS MACHINES CORP.	Common Stock	35,308
	INTERNATIONAL SPEEDWAY CORP.	Common Stock	4,847
	INTERPLAY ENTERTAINMENT	Common Stock	15
	INTUITIVE SURGICAL INC	Common Stock	2,398
	INVESCO VAN KAMPEN	Advantage Municipal Income Trust II	21,639
	IPATH	Dow Jones UBS Commodity Index Fund	4,130
	IVANHOE ENERGY INC.	Common Stock	70
	JANUS FUNDS	Contrarian Fund T Shares	14,569
	JANUS FUNDS	Enterprise Fund	11,457
	JANUS FUNDS	Overseas Fund	32,385
	JOHNSON & JOHNSON	Common Stock	6,948
	JP MORGAN	Alerian MLP Index Fund	5,309
	KELLOGG CO	Common Stock	5,533
	KERYX BIOPHARMACEUTICALS	Common Stock	510
	KINDER MORGAN ENERGY PARTNERS LP	Common Stock	19,558
	KINDER MORGAN INC	Common Stock	17,829
	KOKO PETROLEUM INC.	Common Stock	1
	KRAFT FOODS INC	Common Stock	1,560
	LIMELIGHT NETWORKS INC	Common Stock	6,660
	LINN ENERGY LLC	Common Stock	42,288
	LOCKHEED MARTIN CORP	Common Stock	7,307
	LOOMIS SAYLES	Global Bond Fund	406,320
	LOWES COMPANIES	Common Stock	17,490
	LULULEMON ATHLETICA INC	Common Stock	2,972
	MACY'S INC	Common Stock	7,472
	MANAGERS	Real Estate Securities Fund	11,233
	MANGUM HUNTER RESOURCES CORP	Common Stock	7,560
	MANNKIND CORP	Common Stock	520
	MARATHON OIL CORP	Common Stock	31
	MARINA BIOTECH INC.	Common Stock	26
	MARISCO	21st Century Mutual Fund	7,554
	MARKET VECTORS	Gold Miners ETF Fund	6,740
	MARSICO	Large Growth Fund	30,075
	MARVELL TECHNOLOGY GROUP	Common Stock	1,434
	MASCO CORP	Common Stock	48,120
	MASTERCARD INC	Common Stock	9,662
	MAXWELL TECHNOLOGIES INC	Common Stock	327
	MCDONALDS CORP	Common Stock	15,167
	MEDTRONIC INC	Common Stock	2,445
	MEMORIAL PRODUCTION PARTNERS	Common Stock	9,837



WESCO Distribution, Inc.
Retirement Savings Plan
Schedule of Assets (Held at End of Year)
EIN 25-1723345, Plan Number 001
December 29, 2012



(a)	(b)	(c)	(d)
		Description of Investment
	Identity of Issue,	Including Maturity Date,
	Borrower, Lessor or	Rate of Interest, Collateral,	Current
	Similar Party	Par, or Maturity Value	Value
	MERCADOLIBRE INC	Common Stock	2,941
	MERCK & CO. INC	Common Stock	4,877
	MICROSOFT CORP.	Common Stock	16,164
	MOLSON COORS BREWING CO	Common Stock	12,599
	MONDELEZ INTERNATIONAL INC	Common Stock	2,689
	MONSANTO COMPANY	Common Stock	19,357
	MOSAIC CO.	Common Stock	5,466
	MYREXIS INC	Common Stock	834
	NACEL ENERGY CORP.	Common Stock	27
	NANOSPHERE INC	Common Stock	58,754
	NATIONAL GRID PLC	Common Stock	7,928
	NATIONAL OILWELL INC	Common Stock	13,176
	NESTLE SA SPONSORED ADR	Common Stock	6,534
	NETFLIX.COM INC	Common Stock	4,467
	NEUBERGER BERMAN	Genesis Trust Fund	12,715
	NEUBERGER BERMAN	Real Estate Fund	10,849
	NIKE INC	Common Stock	3,671
	NOKIA CORP.	Common Stock	1,238
	NORFOLK SOUTHERN CORP.	Common Stock	6,107
	NOVARTIS AG - ADR	Common Stock	3,774
	NRG ENERGY INC	Common Stock	4,111
	NUCOR CORP.	Common Stock	3,565
	OAKMARK FUNDS	Global Fund	13,631
	OILSANDS QUEST INC	Common Stock	11
	ORACLE CORPORATION	Common Stock	8,255
	PALOMAR MEDICAL TECHNOLOGIES INC	Common Stock	18,000
	PANERA BREAD COMPANY	Common Stock	5,959
	PAYCHEX INC.	Common Stock	7,720
	PEOPLE'S UNITED FINANCIAL INC	Common Stock	5,985
	PENGROWTH ENERGY CORPORATION	Common Stock	523
	PEPSICO INC	Common Stock	18,313
	PERMANENT PORTFOLIO	Mutual Fund	25,888
	PETROLOGISTS LP	Common Stock	2,606
	PETROLEO BRASILEIRO ADR	Common Stock	191
	PETROQUEST ENERGY INC.	Common Stock	2,410
	PFIZER INC.	Common Stock	12,151
	PHILIP MORRIS INTERNATIONAL INC.	Common Stock	37,193
	PIMCO	Unconstrained Bond	52,989
	PIMCO	Income Strategic Fund	9,706
	PIMCO	Total Return	2,229
	PLAINS EXPL & PRODUCTION CO	Common Stock	4,607
	POLYMET MINING CORP.	Common Stock	7,099
	POTASH CORP OF SASKATCHEWAN	Common Stock	26,312
	POWERSHARES	Agricultural Fund	6,173
	POWERSHARES	Oil Fund	25,077
	POWERSHARES	S&P 500 Low Vola	3,447
	PRICELINE COM INC	Common Stock	5,480
	PRIMERO MNG CORP	Common Stock	6,260
	PROCTER & GAMBLE CO	Common Stock	15,609
	PROSHARES TR	Ultrashort Lehman 20 Year Fund	14,276
	PROSPECT CAPITAL CORP	Common Stock	21,992
	QR ENERGY LP	Common Stock	3,272
	QUALCOMM INC.	Common Stock	9,097



WESCO Distribution, Inc.
Retirement Savings Plan
Schedule of Assets (Held at End of Year)
EIN 25-1723345, Plan Number 001
December 29, 2012



(a)	(b)	(c)	(d)
		Description of Investment
	Identity of Issue,	Including Maturity Date,
	Borrower, Lessor or	Rate of Interest, Collateral,	Current
	Similar Party	Par, or Maturity Value	Value
	QUESTAR MARKET RESOURCES INC	Common Stock	11,844
	RF MICRO-DEVICES	Common Stock	13,140
	ROYCE	Value	13,871
	ROYCE	Total Return Fund	18,880
	RS PARTNERS	Mutual Fund	5,304
	SANOFI CONTINGENT VALUE	Common Stock	1,690
	SANRIDGEMISSISSIPPIAN TRUST	Common Stock	8,125
	SCHWAB	Emerging Markets Fund	7,422
	SEADRILL LIMITED	Common Stock	25,075
	SEAGATE TECHNOLOGY	Common Stock	85,357
	SKYWORKS SOLUTIONS INC	Common Stock	298
	SOLARWINDS INC	Common Stock	97,698
	SOUTHERN CO	Common Stock	25,398
	SPDR	Dow Jones Industrial Average ETF Trust Fund	63,244
	SPDR	S&P Biotech	17,276
	SPDR	S&P Dividend Fund	12,033
	ST JOE COMPANY	Common Stock	14,950
	STARBUCKS CORP.	Common Stock	6,317
	STARWOOD PROPERTY TRUST, INC.	Common Stock	3,387
	STRYKER CORP.	Common Stock	6,207
	STW RESOURCES HOLDING CORP.	Common Stock	2,000
	SYSCO CORP.	Common Stock	13,877
	T. ROWE PRICE FUNDS	Balanced Fund	121,605
	T. ROWE PRICE FUNDS	Capital Appreciation Fund	150,944
	T. ROWE PRICE FUNDS	New Era Fund	113,368
	T. ROWE PRICE FUNDS	Growth Stock Fund	28,764
	T. ROWE PRICE FUNDS	Spectrum International Fund	18,868
	T. ROWE PRICE FUNDS	Dividend Growth Fund	6,112
	TASEKO MINES LTD	Common Stock	3,000
	TESCO PLC - ADR	Common Stock	4,391
	TG THERAPEUTICS INC	Common Stock	7
	THIRD AVENUE	Value Fund	18,531
	THL CREDIT INC	Business Development Company	10,087
	TIME WARNER CABLE INC.	Common Stock	80,046
	TIME WARNER INC.	Common Stock	32,804
	TOQUEVILLE	Gold Fund	9,159
	TOTAL SA	Common Stock	3,086
	TRANSOCEAN LTD	Common Stock	3,054
	TRAVELERS COMPANIES, INC	Common Stock	7,125
	UIL HOLDINGS CORP	Common Stock	52,756
	UNIGENE LABS INC.	Common Stock	570
	UNILEVER PLC - ADR	Common Stock	2,681
	UNION PACIFIC CORP	Common Stock	24,708
	UNITED-GUARDIAN INC	Common Stock	3,814
	US BANCORP DEL NEW	Common Stock	3,168
	VALEANT PHARMACEUTICALS INTL.	Common Stock	10,478
	VANGUARD FUNDS	Wellesley Income Fund	32,377
	VANGUARD FUNDS	Dividend Appreciation Fund	52,860
	VANGUARD FUNDS	Dividend Growth Fund	6,919
	VANGUARD FUNDS	REIT Index Fund	7,733
	VANGUARD FUNDS	Small Cap Index Fund	7,709
	VANGUARD FUNDS	Small Cap Value Index Fund	7,775



WESCO Distribution, Inc.
Retirement Savings Plan
Schedule of Assets (Held at End of Year)
EIN 25-1723345, Plan Number 001
December 29, 2012



(a)	(b)	(c)	(d)
		Description of Investment
	Identity of Issue,	Including Maturity Date,
	Borrower, Lessor or	Rate of Interest, Collateral,	Current
	Similar Party	Par, or Maturity Value	Value
	VANGUARD FUNDS	Windsor II Fund	59,224
	VANGUARD FUNDS	Value Index Fund	16,489
	VANGUARD FUNDS	500 Index Investor Fund	15,164
	VANGUARD FUNDS	Total Bond Market Index Fund	11,927
	VANGUARD FUNDS	Short-term Investment	13,728
	VANGUARD FUNDS	Global Ex US Real Estate Fund	16,257
	VANGUARD FUNDS	Total International Stock Index Fund	16,937
	VANGUARD NATURAL RESOURCES LLC	Common Stock	18,136
	VECIMA NETWORKS INC	Common Stock	5
	VECIMA ENVIRONMENT ADR	Common Stock	1,774
	VELATEL GLOBAL COMMUNICATIONS	Common Stock	3
	VERIZON COMMUNICATIONS	Common Stock	10,725
	VIACOM INC.	Common Stock	90,773
	VISA INC	Common Stock	11,149
	VODAFONE GROUP PLC NEW ADR	Common Stock	15,256
	VULCAN MATERIALS CO	Common Stock	10,663
	WALGREEN CO	Common Stock	7,307
	WALMART STORES INC	Common Stock	7,437
	WASTE MANAGEMENT INC	Common Stock	3,346
	WELLS FARGO & CO	Common Stock	109,190
	WESTERN ASSET MORTGAGE CAPITAL	Common Stock	88,515
	WESTERN ASSET MORTGAGE CAPITAL	High Income Fund	62,827
	WESTPORT INNOVATIONS INC	Common Stock	2,333
	WINDSTREAM CORP	Common Stock	24,900
	WISDOMTREE	Emerging Markets Equity Income	19,673
	XCEL ENERGY INC	Common Stock	28,717
	XYLEM INC	Common Stock	2,679
	ZIOPHARM ONCOLOGY INC	Common Stock	13,893
	Stock Funds and Self-Directed
	Accounts Total		25,716,451

	Institutional Enhanced Index Fixed
	Income Fund	Common Collective Trust	146,027,795
	Stable Value Fund Total		146,027,795

	CASH	Cash and Cash Equivalents	(222,932	)
	DIVIDEND INCOME ACCRUAL	Cash and Cash Equivalents	27,788
	WELLS FARGO ADVANTAGE HERITAGE MONEY MARKET FUND	Cash and Cash Equivalents	391,696
	3M CO	Common Stock	104,720
	ABBOTT LABORATORIES	Common Stock	137,343
	ABERCROMBIE & FITCH CO-CL A	Common Stock	19,448
	ACCENTURE PLC-CL A	Common Stock	42,285
	ACE LTD	Common Stock	69,336
	ACTIVISION BLIZZARD INC	Common Stock	3,906
	ADOBE SYSTEMS INC	Common Stock	4,613
	ADVANCE AUTO PARTS INC	Common Stock	6,507
	ADVANCED MICRO DEVICES INC	Common Stock	12,107
	AECOM TECHNOLOGY CORP	Common Stock	12,185
	AEROPOSTALE	Common Stock	3,409
	AES CORP	Common Stock	33,033
	AETNA INC	Common Stock	56,084



WESCO Distribution, Inc.
Retirement Savings Plan
Schedule of Assets (Held at End of Year)
EIN 25-1723345, Plan Number 001
December 29, 2012



(a)	(b)	(c)	(d)
		Description of Investment
	Identity of Issue,	Including Maturity Date,
	Borrower, Lessor or	Rate of Interest, Collateral,	Current
	Similar Party	Par, or Maturity Value	Value
	AFFILIATED MANAGERS GROUP	Common Stock	4,088
	AFLAC INC	Common Stock	53,556
	AGCO CORP	Common Stock	14,517
	AGILENT TECHNOLOGIES INC	Common Stock	7,090
	AGL RESOURCES INC	Common Stock	21,626
	AIR PRODUCTS & CHEMICALS INC	Common Stock	24,136
	AIRGAS INC COM	Common Stock	8,890
	ALASKA AIR GROUP INC	Common Stock	14,272
	ALCOA INC	Common Stock	50,924
	ALERE INC	Common Stock	4,795
	ALLEGHANY CORP	Common Stock	6,635
	ALLEGHENY TECHNOLOGIES INC	Common Stock	4,317
	ALLERGAN INC	Common Stock	3,785
	ALLIANCE DATA SYSTEMS CORP	Common Stock	6,625
	ALLIANT ENERGY CORP	Common Stock	10,759
	ALLIANT TECHSYSTEMS INC	Common Stock	15,570
	ALLSTATE CORP	Common Stock	103,955
	ALPHA NAT RES INC	Common Stock	10,725
	ALTERRA CAPITAL HOLDINGS LTD	Common Stock	5,986
	ALTRIA GROUP INC	Common Stock	164,389
	AMAZON.COM INC	Common Stock	14,220
	AMDOCS LTD	Common Stock	5,277
	AMEDISYS INC	Common Stock	20,242
	AMEREN CORPORATION	Common Stock	39,477
	AMERICAN EAGLE OUTFITTERS	Common Stock	19,155
	AMERICAN ELECTRIC POWER	Common Stock	53,902
	AMERICAN EQUITY INVT LIFE HL	Common Stock	15,953
	AMERICAN EXPRESS CO	Common Stock	123,541
	AMERICAN FINANCIAL GROUP INC	Common Stock	21,510
	AMERICAN GREETINGS CORP-CL A	Common Stock	14,968
	AMERICAN INTERNATIONAL GROUP	Common Stock	17,774
	AMERICAN NATIONAL INS CO	Common Stock	4,895
	AMERICAN TOWER SYSTEMS CORP CLASS A	Common Stock	9,790
	AMERICAN WATER WORKS CO INC	Common Stock	8,156
	AMERIPRISE FINANCIAL INC	Common Stock	30,535
	AMERISOURCEBERGEN CORP	Common Stock	20,554
	AMERISTAR CASINOS INC COM	Common Stock	7,193
	AMGEN INC	Common Stock	61,969
	AMKOR TECHNOLOGY INC	Common Stock	11,894
	ANADARKO PETROLEUM CORP	Common Stock	38,397
	ANALOG DEVICES INC	Common Stock	16,714