XML 20 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1Close
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 1,641.3 $ 2,083.5
Accounts receivable, net of allowance for doubtful accounts of $48.6 and $53.0, respectively 3,372.4 3,009.6
Other current assets 1,020.6 743.9
Total current assets before funds held for clients 6,034.3 5,837.0
Funds held for clients 42,509.1 36,333.6
Total current assets 48,543.4 42,170.6
Long-term receivables, net of allowance for doubtful accounts of $0.1 and $0.1, respectively 7.6 8.5
Property, plant and equipment, net 671.0 681.4
Operating lease right-of-use asset 372.0 402.4
Deferred contract costs 2,794.7 2,769.7
Other assets 995.8 1,255.4
Goodwill 2,369.8 2,339.4
Intangible assets, net 1,315.1 1,343.6
Total assets 57,069.4 50,971.0 Close
Current liabilities:    
Accounts payable 76.8 96.8
Accrued expenses and other current liabilities 2,634.9 2,342.6
Accrued payroll and payroll-related expenses 603.2 941.4
Dividends payable 569.7 510.0
Short-term deferred revenues 188.3 188.6
Obligations under reverse repurchase agreements [1] 21.6 105.4
Income taxes payable 1.1 44.2
Total current liabilities before client funds obligations 4,095.6 4,229.0
Client funds obligations 44,002.1 38,538.6
Total current liabilities 48,097.7 42,767.6
Long-term debt 2,990.2 2,989.0
Operating lease liabilities 326.8 349.9
Other liabilities 918.9 933.7
Deferred income taxes 68.3 73.6
Long-term deferred revenues 347.9 348.1
Total liabilities 52,749.8 47,461.9 Close
Commitments and contingencies (Note 13)
Stockholders' equity:    
Preferred stock, $1.00 par value: authorized, 0.3 shares; issued, none 0.0 0.0
Common stock, $0.10 par value: authorized, 1,000.0 shares; issued, 638.7 shares at December 31, 2023 and June 30, 2023; outstanding, 410.7 and 412.1 shares at December 31, 2023 and June 30, 2023, respectively 63.9 63.9
Capital in excess of par value 2,262.9 2,102.3
Retained earnings 22,757.1 22,118.0
Treasury stock - at cost: 228.0 and 226.6 shares at December 31, 2023 and June 30, 2023, respectively (19,019.1) (18,469.3)
Accumulated other comprehensive (loss)/ income (1,745.2) (2,305.8)
Total stockholders’ equity 4,319.6 3,509.1 Close
Total liabilities and stockholders’ equity $ 57,069.4 $ 50,971.0
[1] As of December 31, 2023, $21.5 million of short-term marketable securities and $0.1 million of cash and cash equivalents have been pledged as collateral under the Company's reverse repurchase agreements. As of June 30, 2023, $104.6 million of long-term marketable securities and $0.8 million of cash and cash equivalents have been pledged as collateral under the Company's reverse repurchase agreements (see Note 9)