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Debt (Tables)
9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
As of September 30, 2021As of December 31, 2020
Maturity DateInterest RateAmountInterest RateAmount
Credit Facility
Senior secured asset-based revolving credit facilityMarch 2026Variable$165.9 Variable$— 
Term Loans
CDW UK term loan(1)
August 2021— %— 1.445 %56.0 
Senior secured term loan facilityOctober 2026Variable1,412.2 Variable1,423.4 
Total term loans
1,412.2 1,479.4 
Unsecured Senior Notes
Senior notes due 2024December 20245.500 %575.0 5.500 %575.0 
Senior notes due 2025May 20254.125 %600.0 4.125 %600.0 
Senior notes due 2028April 20284.250 %600.0 4.250 %600.0 
Senior notes due 2029February 20293.250 %700.0 3.250 %700.0 
Total unsecured senior notes
2,475.0 2,475.0 
Other debt obligations36.8 — 
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, 2021December 31, 2020
Fair value$4,202.4 $4,077.9 
Carrying value4,089.9 3,954.4