XML 96 R75.htm IDEA: XBRL DOCUMENT v3.22.0.1
Equity-Based Compensation (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
May 31, 2021
Equity-based compensation [Abstract]        
Equity-based compensation expense $ 72.6 $ 42.5 $ 48.5  
Income tax benefit (12.2) (7.7) (9.8)  
Equity-based compensation expense, net of tax 60.4 $ 34.8 38.7  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized [Abstract]        
Compensation cost not yet recognized $ 111.0      
Compensation cost not yet recognized, period for recognition 2 years 1 month 6 days      
Number of Options (in shares):        
Options outstanding, beginning (in shares) 3,965,452      
Granted (in shares) 545,359      
Forfeitures/Expired (in shares) (58,446)      
Exercised (in shares) (1,097,099)      
Options outstanding, ending (in shares) 3,355,266 3,965,452    
Options Weighted Average Exercise Price (in dollars per share):        
Options outstanding, beginning weighted-average exercise price (in dollars per share) $ 73.71      
Grants, weighted average exercise price (in dollars per share) 156.30      
Forfeitures and Expirations, weighted average exercise price (in dollars per share) 109.68      
Exercises, weighted average exercise price (in dollars per share) 63.76      
Options outstanding, ending weighted-average exercise price (in dollars per share) $ 89.76 $ 73.71    
Options, Additional Disclosures:        
Options, exercisable (in shares) 1,959,076      
Options, vested and expected to vest, Outstanding (in shares) 1,377,326      
Options, exercisable, weighted average exercise price (in dollars per share) $ 66.97      
Options, vested and expected to vest, weighted average exercise price (in dollars per share) $ 121.56      
Options, outstanding, weighted average remaining contractual term 6 years 7 months 28 days      
Options, exercisable, weighted average remaining contractual term (years) 5 years 5 months 12 days      
Options, vested and expected to vest, outstanding, weighted average remaining contractual term (in years) 8 years 4 months 6 days      
Options, outstanding intrinsic value $ 385.9      
Options, exercisable, Intrinsic Value 270.0      
Options, vested and expected to vest, aggregate intrinsic value 114.6      
Total intrinsic value of stock options exercised $ 117.0 $ 94.0 $ 83.0  
Employee Stock Option        
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized [Abstract]        
Award expiration period 10 years      
Award vesting period 3 years      
Fair Value Assumptions:        
Grant date fair value (in dollars per share) $ 40.83 $ 20.46 $ 19.26  
Volatility (as percent) 30.00% 25.50% 20.00%  
Risk-free rate (as percent) 0.93% 0.51% 2.53%  
Expected dividend yield (as percent) 1.03% 1.52% 1.23%  
Expected term (in years) 5 years 7 months 6 days 6 years 6 years  
Restricted Stock Units (RSUs)        
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized [Abstract]        
Award vesting period 3 years      
Performance Share Units (PSUs)        
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized [Abstract]        
Award vesting period 3 years      
Minimum | Performance Share Units (PSUs)        
Options, Additional Disclosures:        
Potential vesting percentage range of shares 0.00%      
Maximum | Performance Share Units (PSUs)        
Options, Additional Disclosures:        
Potential vesting percentage range of shares 200.00%      
2021 Long Term Incentive Plan        
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized [Abstract]        
Number of shares authorized (in shares)       6,600,000
Number of share available for grant (in shares) 8,100,000      
2013 Long Term Incentive Plan | Performance Share Units (PSUs)        
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized [Abstract]        
Award vesting period 3 years