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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 2,995.5 $ 3,191.1
Accounts receivable, net of allowance for doubtful accounts of $48.0 and $38.1, respectively 1,811.5 1,742.8
Other current assets 820.3 725.3
Total current assets before funds held for clients 5,627.3 5,659.2
Funds held for clients 33,887.1 33,841.2
Total current assets 39,514.4 39,500.4
Long-term receivables, net of allowance for doubtful accounts of $0.8 and $0.5, respectively 27.0 27.1
Property, plant and equipment, net 750.6 685.0
Other assets 1,242.4 1,241.3
Goodwill 1,726.7 1,682.0
Intangible assets, net 594.8 534.2
Total assets 43,855.9 43,670.0
Current liabilities:    
Accounts payable 126.5 152.3
Accrued expenses and other current liabilities 1,336.2 1,246.8
Accrued payroll and payroll-related expenses 527.1 616.7
Dividends payable 251.0 238.4
Short-term deferred revenues 227.2 233.2
Income taxes payable 133.8 28.2
Total current liabilities before client funds obligations 2,601.8 2,515.6
Client funds obligations 33,816.7 33,331.8
Total current liabilities 36,418.5 35,847.4
Long-term debt 2,002.5 2,007.7
Other liabilities 836.1 701.1
Deferred income taxes 108.9 251.1
Long-term deferred revenues 386.8 381.1
Total liabilities 39,752.8 39,188.4
Commitments and contingencies (Note 14)
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 March 31, 2017 and June 30, 2016; outstanding, 447.9 and 455.7 shares at March 31, 2017 and June 30, 2016, respectively 63.9 63.9
Capital in excess of par value 833.5 768.1
Retained earnings 14,717.7 14,003.3
Treasury stock - at cost: 190.8 and 183.0 shares at March 31, 2017 and June 30, 2016, respectively (10,998.8) (10,138.6)
Accumulated other comprehensive loss (513.2) (215.1)
Total stockholders’ equity 4,103.1 4,481.6
Total liabilities and stockholders’ equity $ 43,855.9 $ 43,670.0