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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2021
Shareholders' Equity [Abstract]  
Summary of Share Repurchases For the year ended December 31, 2021 2020 2019 Total number of shares purchased (in millions) (1) 1.9 3.1 2.0Average price paid per share (1) $ 309.79 $ 280.17 $ 231.87Total price paid (in millions) (1) $ 582.5 $ 856.0 $ 470.3Subsequent to December 31, 2021, the Company made the following share repurchases: Total number of shares purchased (in millions) (1) 1.0Average price paid per share (1) $ 334.40Total price paid (in millions) (1) $ 350.0(1)Amounts reflected are based on the trade date and differ from the Consolidated Statements of Cash Flows which reflects share repurchases based on the settlement date.
Schedule of Dividends Paid and Dividends Declared ‎ As of December 31, 2021, the Company paid the following cash dividends: Payable to Shareholders of Record at the Close Cash Paid Aggregate Amount Date Declared of Business on Per Share Paid Date Paid February 19, 2021 March 10, 2021 $0.58 $63.4 million March 26, 2021April 26, 2021 May 20, 2021 $0.58 $63.4 million June 15, 2021August 1, 2021 August 26, 2021 $0.58 $63.6 million September 23, 2021November 1, 2021 November 18, 2021 $0.58 $63.1 million December 16, 2021 Dividends paid in 2021 and 2020 were ordinary taxable dividends.Subsequent to December 31, 2021, the Company declared the following cash dividends: Payable to Shareholders Cash to of Record at the Close be Paid Date Declared of Business on Per Share Date to be Paid February 27, 2022 March 10, 2022 $0.71 March 25, 2022