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Borrowings - Schedule of Outstanding Borrowings (Details) - USD ($)
$ in Millions
Dec. 31, 2021
Mar. 31, 2021
Mar. 09, 2021
Dec. 31, 2020
Nov. 25, 2019
Dec. 18, 2018
Jun. 18, 2018
Aug. 22, 2017
Mar. 15, 2017
Nov. 22, 2013
Jun. 21, 2010
Nov. 17, 2006
Outstanding Borrowings                        
Total borrowings at par value $ 3,025.0     $ 3,080.0                
Debt issuance costs and unamortized discount, net (16.6)     (12.8)                
Total borrowings at carrying value [1] 3,008.4     3,067.2                
Commercial Paper                        
Outstanding Borrowings                        
Total borrowings at par value 275.0     80.0                
3.350% Notes Due 2019                        
Outstanding Borrowings                        
Total borrowings at par value                   $ 250.0    
Floating Rate Notes Due 2019                        
Outstanding Borrowings                        
Total borrowings at par value               $ 250.0        
3.600% Notes Due 2022                        
Outstanding Borrowings                        
Total borrowings at par value 500.0     500.0 [2]       $ 100.0 $ 400.0      
4.250% Notes Due 2023                        
Outstanding Borrowings                        
Total borrowings at par value 300.0 [3]     300.0 [3]     $ 300.0          
2.850% Notes Due 2025                        
Outstanding Borrowings                        
Total borrowings at par value 500.0 [3]     500.0 [3] $ 500.0              
1.350% Notes Due 2026                        
Outstanding Borrowings                        
Total borrowings at par value 600.0 [2] $ 600.0 $ 600.0                  
2.750% Notes Due 2031                        
Outstanding Borrowings                        
Total borrowings at par value 300.0 [2]   $ 300.0                  
6.200% Notes Due 2036                        
Outstanding Borrowings                        
Total borrowings at par value 500.0 [3]     500.0 [3]               $ 500.0
6.200% Notes Due 2040                        
Outstanding Borrowings                        
Total borrowings at par value 250.0 [3]     250.0 [3]             $ 250.0  
Term Loan Facility Borrowing (Effective Rate of 1.4%)                        
Outstanding Borrowings                        
Total borrowings at par value $ 300.0 [2]     $ 950.0 [2]   $ 950.0            
[1] As of December 31, 2021, the Company’s weighted-average effective rate on total borrowings was approximately 3.3%.
[2] See the Term Loan Facility and Notes sections below for further discussion of the borrowings and repayments of the unsecured notes and term loan made in 2021.
[3] The difference between the stated interest rate and the effective interest rate is not significant.