Indebtedness (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Summary of indebtedness

Our indebtedness is summarized as follows:

	As of December 31,
(In millions)	2021		2020
Current portion:
3.625% Senior Notes due September 15, 2022	$	999.1	$	—
Current portion of notes payable	$	999.1	$	—
Non-current portion:
3.625% Senior Notes due September 15, 2022	$	—	$	997.9
4.050% Senior Notes due September 15, 2025	1,742.9		1,741.2
2.250% Senior Notes due May 1, 2030	1,492.0		1,491.1
5.200% Senior Notes due September 15, 2045(1)	1,099.9		1,723.4
3.150% Senior Notes due May 1, 2050	1,473.2		1,472.6
3.250% Senior Notes due February 15, 2051(1)	466.0		—
Non-current portion of notes payable	$	6,274.0	$	7,426.2

(1) In February 2021 we completed our Exchange Offer of our tendered 2045 Senior Notes, whereby approximately $624.6 million of our 2045 Senior Notes were exchanged for approximately $700.7 million of our 2051 Senior Notes.

Total debt maturities

The total gross payments due under our debt arrangements are as follows:

(In millions)	As of December 31, 2021
2022	$	1,000.0
2023	—
2024	—
2025	1,750.0
2026	—
2027 and thereafter	4,817.3
Total	$	7,567.3