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Statements of Consolidated Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
REVENUES:      
Revenues $ 19,202.6 $ 18,012.2 $ 16,498.3 Close
Costs of revenues:      
Operating expenses 9,050.1 8,657.4 8,252.6
Research and development 955.7 844.8 798.6
Depreciation and amortization 470.9 451.2 410.7
TOTAL COSTS OF REVENUES 10,476.7 9,953.4 9,461.9
Selling, general, and administrative expenses 3,778.9 3,551.4 3,233.2
Interest expense 361.4 253.3 81.9
TOTAL EXPENSES 14,617.0 13,758.1 12,777.0 Close
Other (income)/expense, net (286.7) (183.5) (82.8) Close
EARNINGS BEFORE INCOME TAXES 4,872.3 4,437.6 3,804.1 Close
Provision for income taxes 1,120.3 1,025.6 855.2 Close
NET EARNINGS $ 3,752.0 $ 3,412.0 $ 2,948.9 Close
BASIC EARNINGS PER SHARE (in dollars per share) $ 9.14 $ 8.25 $ 7.04
DILUTED EARNINGS PER SHARE (in dollars per share) $ 9.10 $ 8.21 $ 7.00
Basic weighted average shares outstanding (in shares) 410.6 413.7 418.8
Diluted weighted average shares outstanding (in shares) 412.2 415.7 421.1
Revenues, other than interest on funds held for clients and PEO revenues      
REVENUES:      
Revenues $ 11,953.6 $ 11,222.0 $ 10,505.0
Interest on funds held for clients      
REVENUES:      
Revenues 1,024.7 813.4 451.8
PEO Revenues      
REVENUES:      
Revenues [1] $ 6,224.3 $ 5,976.8 $ 5,541.5
[1] For the years ended June 30, 2024 (“fiscal 2024”), June 30, 2023 (“fiscal 2023”), and June 30, 2022 (“fiscal 2022”), Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $69,874.1 million, $66,731.7 million, and $62,619.2 million, respectively.