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Effective Income Tax Reconciliation (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Tax Disclosure [Abstract]      
Income before taxes as reported in the statements of income $ 970.8 $ 962.4 $ 978.9
Statutory tax rate in Israel 23.00% 23.00% 23.00%
Effect of "Preferred Enterprise" status [1] (11.00%) (11.00%) (9.00%)
Others, net 1.00% 2.00% 2.00%
Effective tax rate 13.00% 14.00% 16.00%
[1] Basic earnings per share amounts of the benefit resulting from the "Technological preferred or Preferred Enterprise" status $ 0.73 $ 0.66 $ 0.57 Diluted earnings per share amounts of the benefit resulting from the "Technological preferred or Preferred Enterprise" status $ 0.72 $ 0.65 $ 0.56