XML 41 R23.htm IDEA: XBRL DOCUMENT v3.5.0.2
Subsequent Events (Notes)
12 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
Subsequent Events
NOTE 15. SUBSEQUENT EVENTS

With the exception of the legal claim filed in July 2016 and the settlement of the EEOC matter, both of which are discussed in Note 11, and the items listed below, there are no further subsequent events for disclosure.

In July 2016, ADP announced its service alignment initiative intended to align the Company's client service operations with its platform simplification strategy.

The Company's subsidiary captive insurance company, ADP Indemnity, paid a premium of $221.0 million in July 2016 to enter into a reinsurance arrangement with Chubb to cover substantially all losses for the fiscal 2017 policy year on terms substantially similar to the fiscal 2016 reinsurance policy to cover losses up to $1 million per occurrence related to the workers' compensation and employer's liability deductible reimbursement insurance protection for PEO Services worksite employees.