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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Jun. 30, 2017
Current assets:    
Cash and cash equivalents $ 1,773.4 $ 2,780.4
Accounts receivable, net of allowance for doubtful accounts of $52.8 and $49.6, respectively 2,045.5 1,703.6
Other current assets 1,079.8 883.2
Total current assets before funds held for clients 4,898.7 5,367.2
Funds held for clients 34,451.3 27,291.5
Total current assets 39,350.0 32,658.7
Long-term receivables, net of allowance for doubtful accounts of $0.7 and $0.8, respectively 27.4 28.0
Property, plant and equipment, net 799.9 779.9
Other assets 1,371.2 1,352.2
Goodwill 2,164.3 1,741.0
Intangible assets, net 832.7 620.2
Total assets 44,545.5 37,180.0
Current liabilities:    
Accounts payable 136.8 149.7
Accrued expenses and other current liabilities 1,583.9 1,381.9
Accrued payroll and payroll-related expenses 496.6 562.5
Dividends payable 275.2 250.5
Short-term deferred revenues 227.5 232.9
Obligations under reverse repurchase agreements 0.0 0.0
Income taxes payable 22.8 49.0
Total current liabilities before client funds obligations 2,742.8 2,626.5
Client funds obligations 34,508.1 27,189.4
Total current liabilities 37,250.9 29,815.9
Long-term debt 2,002.4 2,002.4
Other liabilities 824.8 830.2
Deferred income taxes 148.6 163.1
Long-term deferred revenues 387.6 391.4
Total liabilities 40,614.3 33,203.0
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 December 31, 2017 and June 30, 2017; outstanding, 442.7 and 445.0 shares at December 31, 2017 and June 30, 2017, respectively 63.9 63.9
Capital in excess of par value 903.5 867.8
Retained earnings 15,060.1 14,728.2
Treasury stock - at cost: 196.0 and 193.7 shares at December 31, 2017 and June 30, 2017, respectively (11,663.7) (11,303.7)
Accumulated other comprehensive loss (432.6) (379.2)
Total stockholders’ equity 3,931.2 3,977.0
Total liabilities and stockholders’ equity $ 44,545.5 $ 37,180.0