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Concentration Risk - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Concentration Risk [Line Items]        
Voluntary yield-related fee waivers $ 117.8 $ 19.7 $ 200.9 $ 20.1
Decrease in distribution expenses 71.0 17.7 132.5 18.0
Net negative pre-tax impact $ 46.8 $ 2.0 $ 68.4 $ 2.1
Customer Concentration Risk | Revenue benchmark | Bank of New York Mellon Corporation        
Concentration Risk [Line Items]        
Concentration risk 2.00% 8.00% 2.00% 10.00%