XML 52 R35.htm IDEA: XBRL DOCUMENT v3.20.4
DEBT (Tables)
12 Months Ended
Dec. 31, 2020
Debt Instrument [Line Items]  
Schedule of Debt
The following table sets forth WESCO’s outstanding indebtedness:
 As of December 31,
 20202019
 (In thousands)
International lines of credit$29,575 $26,255 
Accounts Receivable Securitization Facility950,000 415,000 
Revolving Credit Facility250,000 — 
5.375% Senior Notes due 2021500,000 500,000 
5.50% Senior Notes due 202358,636 — 
5.375% Senior Notes due 2024350,000 350,000 
6.00% Senior Notes due 20254,173 — 
7.125% Senior Notes due 20251,500,000 — 
7.250% Senior Notes due 2028, less debt discount of $9,332
1,315,668 — 
Finance lease obligations17,931 1,373 
Total debt
4,975,983 1,292,628 
Plus: Fair value adjustment to the Anixter Senior Notes1,650 — 
Less: Unamortized debt issuance costs(78,850)(8,876)
Less: Short-term debt and current portion of long-term debt(528,830)(26,685)
Total long-term debt
$4,369,953 $1,257,067 
Schedule of Maturities of Long-term Debt
The following table sets forth the aggregate principal repayment requirements for all indebtedness for the next five years and thereafter, as of December 31, 2020:
(In thousands)
2021$529,869 
20224,051 
20231,016,322 
2024352,183 
20251,756,055 
Thereafter1,326,835 
Total payments on debt$4,985,315 
Debt discount(9,332)
Total debt$4,975,983