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Statements Of Consolidated Earnings (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Sep. 30, 2013
Sep. 30, 2012
REVENUES:    
Revenues, other than interest on funds held for clients and PEO revenues $ 2,248.5 $ 2,081.8
Interest on funds held for clients 89.2 106.8
PEO revenues 501.9 [1] 448.9 [1]
TOTAL REVENUES 2,839.6 2,637.5
EXPENSES:    
Operating expenses 1,491.6 1,367.5
Systems development and programming costs 171.8 156.3
Depreciation and amortization 61.0 62.7
TOTAL COSTS OF REVENUES 1,724.4 1,586.5
Selling, general and administrative expenses 638.6 611.4
Interest expense 1.9 3.1
TOTAL EXPENSES 2,364.9 2,201.0
Other income, net (22.6) (29.1)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 497.3 465.6
Provision for income taxes 168.7 163.1
NET EARNINGS FROM CONTINUING OPERATIONS 328.6 302.5
EARNINGS FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES 0 4.5
Provision for Income Taxes 0 1.7
NET EARNINGS FROM DISCONTINUED OPERATIONS 0 2.8
NET EARNINGS $ 328.6 $ 305.3
Basic Earnings Per Share from Continuing Operations $ 0.68 $ 0.63
Basic Earnings Per Share from Discontinued Operations $ 0.00 $ 0.01
BASIC EARNINGS PER SHARE $ 0.68 $ 0.63
Diluted Earnings Per Share from Continuing Operations $ 0.68 $ 0.62
Diluted Earnings Per Share from Discontinued Operations $ 0.00 $ 0.01
DILUTED EARNINGS PER SHARE $ 0.68 $ 0.63
Basic weighted average shares outstanding 480.1 483.5
Diluted weighted average shares outstanding 484.3 488.4
Dividends declared per common share $ 0.435 $ 0.395
[1] Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $4,947.2 million and $4,525.8 million for the three months ended September 30, 2013 and 2012, respectively.