XML 77 R64.htm IDEA: XBRL DOCUMENT v3.21.1
Debt (Narrative) (Details)
3 Months Ended
Feb. 26, 2021
USD ($)
Feb. 18, 2021
USD ($)
Feb. 05, 2021
USD ($)
quarter
Jan. 16, 2021
USD ($)
Jan. 30, 2020
USD ($)
Jan. 21, 2020
USD ($)
Nov. 26, 2019
USD ($)
Mar. 31, 2021
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2020
USD ($)
Feb. 25, 2020
USD ($)
Nov. 15, 2017
USD ($)
Debt Instrument [Line Items]                        
Amount expended on share repurchases in open market transactions                 $ 199,903,000      
Term loan outstanding               $ 3,472,779,000   $ 1,732,622,000    
Proceeds from senior notes, net of issuance costs               $ 741,393,000 738,107,000      
ASR Counterparty [Member]                        
Debt Instrument [Line Items]                        
Amount expended on share repurchases in open market transactions         $ 1,000,000,000.00              
Unsecured Debt [Member]                        
Debt Instrument [Line Items]                        
Redemption price as percent of aggregate principle amount (percent)               101.00%        
Unsecured Debt [Member] | 2026 Notes [Member]                        
Debt Instrument [Line Items]                        
Debt instrument, face amount   $ 750,000,000.0           $ 750,000,000.0        
Term loan outstanding               741,596,000        
Stated interest rate percentage   1.25%                    
Proceeds from senior notes, net of issuance costs   $ 741,400,000                    
Unsecured Debt [Member] | 2027 Notes [Member]                        
Debt Instrument [Line Items]                        
Debt instrument, face amount               750,000,000.0       $ 750,000,000.0
Term loan outstanding               744,039,000        
Stated interest rate percentage                       4.50%
Unsecured Debt [Member] | 2030 Notes [Member]                        
Debt Instrument [Line Items]                        
Debt instrument, face amount               750,000,000.0     $ 750,000,000.0  
Term loan outstanding               739,401,000        
Stated interest rate percentage                     3.30%  
Line of Credit [Member]                        
Debt Instrument [Line Items]                        
Credit facility, maximum borrowing capacity             $ 250,000,000.0          
Debt instrument, term             5 years          
Additional borrowing capacity             $ 250,000,000.0          
Amount outstanding               0   $ 0    
Letter of Credit [Member] | Line of Credit [Member]                        
Debt Instrument [Line Items]                        
Credit facility, maximum borrowing capacity             25,000,000.0          
Swing Line Loans [Member] | Line of Credit [Member]                        
Debt Instrument [Line Items]                        
Credit facility, maximum borrowing capacity             $ 10,000,000.0          
2021 Term Loan Credit Agreement [Member]                        
Debt Instrument [Line Items]                        
Credit facility, maximum borrowing capacity $ 1,000,000,000.00   $ 1,000,000,000.00                  
Proceeds from term loan credit agreement $ 1,000,000,000.00                      
Consolidated leverage ratio (not more than)     4.0                  
Mandatory step-down consolidated leverage ratio     3.75                  
Qualified Acquisition step-down consolidated leverage ratio     4.25                  
Number of fiscal quarters following a qualified acquisition | quarter     4                  
Consolidated interest coverage ratio     3.0                  
2020 Credit Agreement [Member]                        
Debt Instrument [Line Items]                        
Credit facility, maximum borrowing capacity           $ 1,000,000,000.00            
Proceeds from term loan credit agreement         $ 1,000,000,000.00              
Repayment of term loan credit agreement                 $ 750,000,000.0      
2020 Credit Agreement [Member] | 364-day Term Loan Facility [Member]                        
Debt Instrument [Line Items]                        
Credit facility, maximum borrowing capacity           $ 500,000,000.0            
Debt instrument, term           364 days            
2020 Credit Agreement [Member] | 3-year Term Loan Facility [Member]                        
Debt Instrument [Line Items]                        
Credit facility, maximum borrowing capacity           $ 500,000,000.0            
Debt instrument, term           3 years            
Amended Term Loan Credit Agreement [Member]                        
Debt Instrument [Line Items]                        
Consolidated leverage ratio (not more than)     4.0                  
Mandatory step-down consolidated leverage ratio     3.75                  
Qualified Acquisition step-down consolidated leverage ratio     4.25                  
Number of fiscal quarters following a qualified acquisition | quarter     4                  
Amended Credit Agreement [Member]                        
Debt Instrument [Line Items]                        
Consolidated leverage ratio (not more than)     4.0                  
Mandatory step-down consolidated leverage ratio     3.75                  
Qualified Acquisition step-down consolidated leverage ratio     4.25                  
Number of fiscal quarters following a qualified acquisition | quarter     4                  
Credit Agreement [Member] | 364-day Term Loan Facility [Member]                        
Debt Instrument [Line Items]                        
Credit facility, maximum borrowing capacity       $ 1,450,000,000                
Debt instrument, term       364 days                
Debt issuance costs expensed               $ 5,400,000        
Minimum [Member] | Line of Credit [Member]                        
Debt Instrument [Line Items]                        
Quarterly facility fee (percent)               0.11%        
Maximum [Member] | Line of Credit [Member]                        
Debt Instrument [Line Items]                        
Quarterly facility fee (percent)               0.20%