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Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2021
Shareholders' Equity [Abstract]  
Summary of Share Repurchases The following is a summary of the Company’s share repurchases:

For the three months

ended March 31,

2021

2020

Total number of shares purchased (in millions) (1)

0.7

0.8

Average price paid per share (1)

$

258.33

$

242.86

Total price paid (in millions) (1)

$

168.9

$

200.0

(1)Amounts are calculated based on the trade date and differ from the Consolidated Statements of Cash Flows, which calculate share repurchases based on the settlement date.

Schedule of Dividends Paid and Dividends Declared

As of March 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, 2021

Dividends paid in 2021 and 2020 were ordinary income.

Subsequent to March 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

April 26, 2021

May 20, 2021

$0.58

June 15, 2021