XML 84 R66.htm IDEA: XBRL DOCUMENT v3.21.1
Indebtedness - Additional Information (Detail)
12 Months Ended
Dec. 20, 2019
Aug. 02, 2016
USD ($)
Oct. 31, 2014
Mar. 31, 2021
USD ($)
Mar. 31, 2019
Mar. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Debt Instrument [Line Items]              
Weighted-average interest rate       2.80% 3.40% 3.60%  
Interest rate of debt instrument           2.80%  
Supplementary leverage ratio     3.50        
Interest coverage ratio     250.00%        
Borrowings outstanding under Credit Facility           $ 560,000,000 $ 0
Outstanding borrowings             745,700,000
Letter of Credit Facility       $ 40,000,000.0      
Outstanding letters of credit , amount       4,300,000     $ 4,300,000
Debt instrument, principal amount       $ 1,015,000,000   $ 1,575,000,000  
Minimum [Member] | Maturity Period 2021 [Member]              
Debt Instrument [Line Items]              
Unused line of credit commitment fee based on leverage ratio     0.15%        
Maximum [Member] | Maturity Period 2021 [Member]              
Debt Instrument [Line Items]              
Unused line of credit commitment fee based on leverage ratio     0.30%        
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member] | Maturity Period 2021 [Member]              
Debt Instrument [Line Items]              
Variable margin     1.25%        
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] | Maturity Period 2021 [Member]              
Debt Instrument [Line Items]              
Variable margin     2.00%        
NYFRB [Member]              
Debt Instrument [Line Items]              
Variable margin     1.00%        
NYFRB [Member] | Minimum [Member]              
Debt Instrument [Line Items]              
Variable margin     1.25%        
NYFRB [Member] | Minimum [Member] | Maturity Period 2022 [Member]              
Debt Instrument [Line Items]              
Variable margin     0.25%        
NYFRB [Member] | Maximum [Member]              
Debt Instrument [Line Items]              
Variable margin     2.00%        
NYFRB [Member] | Maximum [Member] | Maturity Period 2022 [Member]              
Debt Instrument [Line Items]              
Variable margin     1.00%        
Term Loan [Member]              
Debt Instrument [Line Items]              
Weighted-average interest rate       2.50%   2.80%  
Interest rate of debt instrument       1.40%   2.80%  
Debt instrument, principal amount       $ 665,000,000   $ 665,000,000  
Term Loan Agreement [Member]              
Debt Instrument [Line Items]              
Credit facility, interest rate description       Borrowings under the Term Loan Agreement bear interest, at our option, at a variable rate equal to either (i) the Alternate Base Rate (as defined in the Term Loan Agreement and consistent with the Revolving Credit Facility), plus an agreed spread (ranging from 25 to 100 basis points), or (ii) the Adjusted LIBO Rate (as defined in the Term Loan Agreement), plus an agreed spread (ranging from 125 to 200 basis points), which is established quarterly based on the Company's then Leverage Ratio (as defined in the Term Loan Agreement and consistent with the Revolving Credit Facility). The Company must also maintain a Leverage Ratio and Interest Coverage Ratio consistent with the Revolving Credit Facility.      
Term loan facility, unused borrowing capacity, Amount       $ 665,000.0      
Term loan Maturity Date       Aug. 02, 2023      
Term Loan Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]              
Debt Instrument [Line Items]              
Variable margin 0.25%            
Term Loan Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]              
Debt Instrument [Line Items]              
Variable margin 1.00%            
4.500% Senior Unsecured Notes Due 2026 [Member]              
Debt Instrument [Line Items]              
Debt instrument, principal amount   $ 350,000,000.0   $ 350,000,000   350,000,000  
Debt instrument, interest rate   4.50%   4.50%      
Debt instrument, maturity period   2026-08          
4.500% Senior Unsecured Notes Due 2026 [Member] | On or After August 1, 2019 and Prior to August 1, 2021 [Member]              
Debt Instrument [Line Items]              
Redemption price, percentage   100.00%          
Revolving Credit Facility              
Debt Instrument [Line Items]              
Line of Credit Facility, Fair Value of Amount Outstanding       $ 0      
Credit Facility, principal balance           750,000,000.0  
Credit Facility, termination date         Aug. 02, 2023    
Credit facility, interest rate description       At the Company’s option, principal amounts outstanding under the Revolving Credit Facility bear interest at a variable rate equal to either (i) the Adjusted LIBO Rate (as defined in the Revolving Credit Facility) plus an agreed spread (ranging from 125 to 200 basis points), which is established quarterly based on the Company's then Leverage Ratio; or (ii) an Alternate Base Rate (as defined in the Revolving Credit Facility), which is the highest of (a) the Prime Rate (as defined in the Revolving Credit Facility), (b) the New York Federal Reserve Bank (NYFRB) (as defined in the Revolving Credit Facility) plus ½ of 1%, and (c) the Adjusted LIBO Rate for a one-month interest period on such day, plus 1.0%, in each case plus an agreed upon spread (ranging from 25 to 100 basis points), which is established quarterly based on the Company's then Leverage Ratio.      
Revolving Credit Facility | Swingline Loan [Member]              
Debt Instrument [Line Items]              
Credit Facility, principal balance           $ 25,000,000.0  
Line of Credit [Member] | NYFRB [Member]              
Debt Instrument [Line Items]              
Variable margin     0.50%        
Letter of Credit [Member]              
Debt Instrument [Line Items]              
Unused line of credit commitment fee based on leverage ratio       0.125%