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Statements Of Consolidated Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
REVENUES:      
Revenues, other than interest on funds held for clients and PEO revenues $ 7,928.3 $ 7,595.4 $ 7,060.9
Interest on funds held for clients 377.7 373.4 420.4
PEO revenues 2,632.5 2,257.6 [1] 1,960.7 [1]
TOTAL REVENUES 10,938.5 10,226.4 9,442.0
EXPENSES:      
Operating expenses 5,625.3 5,290.8 4,883.6
Systems development and programming costs 595.4 551.2 496.6
Depreciation and amortization 206.9 199.0 193.9
TOTAL COSTS OF REVENUES 6,427.6 6,041.0 5,574.1
Selling, general and administrative expenses 2,496.9 2,370.3 2,200.4
Goodwill impairment 0.0 0.0 42.7
Interest expense 6.5 6.1 9.1
TOTAL EXPENSES 8,931.0 8,417.4 7,826.3
Other income, net (63.2) (70.2) (94.4)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 2,070.7 1,879.2 1,710.1
Provision for income taxes 694.2 636.6 587.9
NET EARNINGS FROM CONTINUING OPERATIONS 1,376.5 1,242.6 1,122.2
EARNINGS FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES 171.5 414.9 441.0
Provision for income taxes 95.5 141.6 157.4
NET EARNINGS FROM DISCONTINUED OPERATIONS 76.0 273.3 283.6
NET EARNINGS $ 1,452.5 $ 1,515.9 $ 1,405.8
Basic Earnings Per Share from Continuing Operations $ 2.91 $ 2.59 $ 2.32
Basic earnings per share from discontinued operations 0.16 0.57 0.59
BASIC EARNINGS PER SHARE 3.07 3.17 2.91
Diluted earnings per share from continuing operations 2.89 2.57 2.30
Diluted earnings per share from discontinued operations 0.16 0.57 0.58
DILUTED EARNINGS PER SHARE $ 3.05 $ 3.14 $ 2.89
Basic weighted average shares outstanding 472.6 478.9 482.7
Diluted weighted average shares outstanding 475.8 483.1 487.1
[1] As of fiscal 2015, 2014, and 2013, Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $26,674.1 million, $23,192.2 million, and $19,956.2 million, respectively.