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Debt (Tables) | 9 Months Ended
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Sep. 30, 2021
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments |
|  |  |  | As of September 30, 2021 |  | As of December 31, 2020
|  | Maturity Date |  | Interest Rate |  | Amount |  | Interest Rate |  | Amount
Credit Facility |  |  |  |  |  |  |  |  |  |
Senior secured asset-based revolving credit facility |  | March 2026 |  | Variable |  | $ | 165.9 |  |  | Variable |  | $ | — |
Term Loans |  |  |  |  |  |  |  |  |  |
CDW UK term loan(1) |  | August 2021 |  | — | % |  | — |  |  | 1.445 | % |  | 56.0 |
Senior secured term loan facility |  | October 2026 |  | Variable |  | 1,412.2 |  |  | Variable |  | 1,423.4 |
Total term loans |  |  |  |  |  | 1,412.2 |  |  |  |  | 1,479.4 |
Unsecured Senior Notes |  |  |  |  |  |  |  |  |  |
Senior notes due 2024 |  | December 2024 |  | 5.500 | % |  | 575.0 |  |  | 5.500 | % |  | 575.0 |
Senior notes due 2025 |  | May 2025 |  | 4.125 | % |  | 600.0 |  |  | 4.125 | % |  | 600.0 |
Senior notes due 2028 |  | April 2028 |  | 4.250 | % |  | 600.0 |  |  | 4.250 | % |  | 600.0 |
Senior notes due 2029 |  | February 2029 |  | 3.250 | % |  | 700.0 |  |  | 3.250 | % |  | 700.0 |
Total unsecured senior notes |  |  |  |  |  | 2,475.0 |  |  |  |  | 2,475.0 |
Other debt obligations |  |  |  |  |  | 36.8 |  |  |  |  | — |
Unamortized deferred financing fees |  |  |  |  |  | (23.7) |  |  |  |  | (27.2) |
Current maturities of long-term debt |  |  |  |  |  | (28.5) |  |  |  |  | (70.9) |
Total long-term debt |  |  |  |  |  | $ | 4,037.7 |  |  |  |  | $ | 3,856.3 |
(1)Denominated in British pounds.
Carrying Value of Long-Term Debt | 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 fees, were as follows:
|  | September 30, 2021 |  | December 31, 2020
Fair value |  | $ | 4,202.4 |  |  | $ | 4,077.9 |
Carrying value |  | 4,089.9 |  |  | 3,954.4 |

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