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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 3,191.1 [1] $ 1,639.3
Short-term marketable securities 23.5 [1] 26.6
Accounts receivable, net of allowance for doubtful accounts of $38.1 and $35.5, respectively 1,742.8 1,546.9
Other current assets 701.8 731.1
Total current assets before funds held for clients 5,659.2 3,943.9
Funds held for clients 33,841.2 24,865.3
Total current assets 39,500.4 28,809.2
Long-term marketable securities 7.8 28.9 [1]
Long-term receivables, net of allowance for doubtful accounts of $0.5 and $0.6, respectively 27.1 32.2
Property, Plant and Equipment, Net 685.0 672.7
Other assets 1,233.5 1,270.8
Goodwill 1,682.0 1,793.5 [2]
Intangible assets, net 534.2 503.2
Total assets 43,670.0 33,110.5
Liabilities    
Accounts payable 152.3 194.5
Accrued expenses and other current liabilities 1,246.8 1,159.2
Accrued payroll and payroll-related expenses 616.7 627.3
Dividends payable 238.4 226.4
Short-term deferred revenues 233.2 228.6
Income taxes payable 28.2 27.2
Total current liabilities before client funds obligations 2,515.6 2,463.2
Client funds obligations 33,331.8 24,650.5
Total current liabilities 35,847.4 27,113.7
Long-term debt 2,007.7 9.2
Other liabilities 701.1 644.3
Deferred income taxes 251.1 172.1
Long-term deferred revenues 381.1 362.7
Total liabilities 39,188.4 28,302.0
Stockholders' equity:    
Preferred stock, $1.00 par value: Authorized, 0.3 shares; issued, none 0.0 0.0
Common stock, $0.10 par value: Authorized, 1,000.0 shares; issued 638.7 shares at June 30, 2016 and 2015, outstanding, 455.7 and 466.4 shares at June 30, 2016 and 2015, respectively 63.9 63.9
Capital in excess of par value 768.1 663.3
Retained earnings 14,003.3 13,460.3
Treasury stock - at cost: 183.0 and 172.3 shares at June 30, 2016 and June 30, 2015, respectively (10,138.6) (9,118.4)
Accumulated other comprehensive income (215.1) (260.6)
Total stockholders' equity 4,481.6 4,808.5
Total liabilities and stockholders' equity $ 43,670.0 $ 33,110.5
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[2] The goodwill balance at June 30, 2015 and 2014 is net of accumulated impairment losses of $42.7 million related to the Employer Services segment.