XML 53 R36.htm IDEA: XBRL DOCUMENT v3.20.4
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Carrying Value of Long-Term Debt
As of December 31, 2020
As of December 31, 2019
Maturity DateInterest RateAmountInterest RateAmount
Credit Facilities
CDW UK revolving credit facility(1)
July 2021— %$— — %$— 
Senior secured asset-based revolving credit facilityMarch 2022— %— 5.000 %51.0 
Total credit facilities— 51.0 
Term Loans
CDW UK term loan(1)
August 20211.445 %56.0 2.190 %61.0 
Senior secured term loan facilityOctober 20261.900 %1,423.4 3.550 %1,438.3 
Total term loans1,479.4 1,499.3 
Unsecured Senior Notes
Senior notes due 2024December 20245.500 %575.0 5.500 %575.0 
Senior notes due 2025May 20254.125 %600.0 — %— 
Senior notes due 2025September 2025— %— 5.000 %600.0 
Senior notes due 2028April 20284.250 %600.0 4.250 %600.0 
Senior notes due 2029February 20293.250 %700.0 — %— 
Total unsecured senior notes2,475.0 1,775.0 
Other long-term obligations— 12.6 
Unamortized deferred financing fees(27.2)(20.6)
Current maturities of long-term debt(70.9)(34.1)
Total long-term debt$3,856.3 $3,283.2 
(1)British pound-denominated debt facilities.
Schedule of Long-term Debt Maturities
A summary of total debt maturities is as follows:
Years ending December 31,Debt Maturities
2021$70.9 
202215.0 
202314.9 
2024589.9 
2025614.9 
Thereafter2,648.8 
Total debt maturities$3,954.4 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments The approximate fair values and related carrying values of the Company's long-term debt, including current maturities and excluding unamortized discount and unamortized deferred financing costs, are as follows:
December 31,
20202019
Fair value$4,077.9 $3,447.5 
Carrying value3,954.4 3,337.9