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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Jun. 30, 2014
Assets    
Cash and cash equivalents $ 2,175.7 $ 1,585.9 [1]
Short-term marketable securities 2,261.6 [1] 2,032.2 [1]
Accounts receivable, net 1,390.3 1,503.7
Other current assets 827.1 690.7
Assets of discontinued operations 0 2,409.7
Total current assets before funds held for clients 6,654.7 8,222.2
Funds held for clients 19,138.7 19,258.0
Total current assets 25,793.4 27,480.2
Long-term marketable securities 46.6 54.1 [1]
Long-term receivables, net 32.7 155.4
Property, Plant and Equipment, net 650.7 667.7
Other assets 1,326.7 1,316.4
Goodwill 1,857.6 [2] 1,887.2 [2]
Intangible assets, net 500.4 498.8
Total assets 30,208.1 32,059.8
Liabilities and Stockholders' Equity    
Accounts payable 146.9 152.5
Accrued expenses and other current liabilities 1,127.4 1,187.6
Accrued payroll and payroll-related expenses 436.1 607.9
Dividends payable 228.6 226.9
Short-term deferred revenues 232.7 251.7
Obligation under commercial paper borrowing 1,937.0 2,173.0
Income taxes payable 115.3 20.4
Liabilities of discontinued operations 0 581.2
Total current liabilities before client funds obligations 4,224.0 5,201.2
Client funds obligations 18,935.3 18,963.4
Total current liabilities 23,159.3 24,164.6
Long-term debt 10.9 11.5
Other liabilities 616.7 619.6
Deferred income taxes 230.2 218.0
Long-term deferred revenues 363.7 375.9
Total liabilities 24,380.8 25,389.6
Stockholders' equity:    
Preferred stock, $1.00 par value: Authorized, 0.3 shares; issued, none 0 0
Common stock, $0.10 par value: Authorized, 1,000.0 shares; issued 638.7 shares at September 30, 2014 and June 30, 2014; outstanding, 481.8 and 480.2 shares at September 30, 2014 and June 30, 2014, respectively 63.9 63.9
Capital in excess of par value 565.4 545.2
Retained earnings 12,990.0 13,632.9
Treasury stock - at cost: 156.9 and 158.5 shares at September 30, 2014 and June 30, 2014, respectively (7,717.9) (7,750.0)
Accumulated other comprehensive income (74.1) 178.2
Total stockholders' equity 5,827.3 6,670.2
Total liabilities and stockholders' equity $ 30,208.1 $ 32,059.8
[1] As of September 30, 2014, $1,957.8 million of short-term marketable securities are related to the Company's outstanding commercial paper borrowings (see Note 9). As of June 30, 2014, $2,015.8 million of short-term marketable securities and $183.8 million of cash and cash equivalents are related to the Company's outstanding commercial paper borrowings (see Note 9).
[2] The goodwill balance at June 30, 2014 and September 30, 2014 is net of accumulated impairment losses of $42.7 million related to the Employer Services segment.