Subsequent Events (Tables)

12 Months Ended

Dec. 31, 2022

Subsequent Events [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

The aggregate equivalent U.S. dollar notional amount of foreign exchange derivative customer contracts held by the Company as of December 31, 2022 and 2021 (in millions) is presented in the table below.

	Notional
	2022		2021
Foreign exchange contracts:
Swaps	$	160.9	$	2,670.4
Futures, forwards and spot	15,159.4		7,818.3
Written options	13,701.9		11,221.9
Purchased options	11,474.2		10,614.0
Total	$	40,496.4	$	32,324.6

As of December 31, 2022, the Company had the following outstanding interest rate derivatives that qualify as hedging instruments and are designated as cash flow hedges of interest rate risk (in millions):

	Notional Amount as of	Fixed Rates		Maturity Date
	December 31, 2022
Interest Rate Derivative:
Interest Rate Swap	$500	2.56	%	1/31/2023
Interest Rate Swap	$500	2.55	%	12/19/2023

In January 2023, the Company entered into five receive-variable, pay-fixed interest rate swap derivative contracts with U.S. dollar notional amounts as follows (in millions):

Notional Amount	Fixed Rates	Maturity Date
$250	4.01%	7/31/2025
$250	4.02%	7/31/2025
$500	3.80%	1/31/2026
$250	3.71%	7/31/2026
$250	3.72%	7/31/2026