XML 39 R26.htm IDEA: XBRL DOCUMENT v3.19.1
Revenue (Tables)
9 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Reconciliation of disaggregated revenue to our reportable segments for the three months ended March 31, 2019:
Types of Revenues
Employer Services
 
PEO
 
Other
 
Total
HCM
$
1,774.7

 
$

 
$
(3.3
)
 
$
1,771.4

HRO, excluding PEO benefits pass-throughs
233.2

 
448.6

 
(3.1
)
 
678.7

PEO benefits pass-throughs

 
684.5

 

 
684.5

Global
545.4

 

 

 
545.4

Interest on funds held for clients
165.8

 
1.6

 

 
167.4

Total Segment Revenues
$
2,719.1

 
$
1,134.7

 
$
(6.4
)
 
$
3,847.4


Reconciliation of disaggregated revenue to our reportable segments for the three months ended March 31, 2018:
Types of Revenues
Employer Services
 
PEO
 
Other
 
Total
HCM
$
1,756.3

 
$

 
$
3.1

 
$
1,759.4

HRO, excluding PEO benefits pass-throughs
225.1

 
439.5

 
(2.9
)
 
661.7

PEO benefits pass-throughs

 
626.4

 

 
626.4

Global
513.7

 

 

 
513.7

Interest on funds held for clients
133.4

 
1.4

 

 
134.8

Total Segment Revenues
$
2,628.5

 
$
1,067.3

 
$
0.2

 
$
3,696.0


Reconciliation of disaggregated revenue to our reportable segments for the nine months ended March 31, 2019:
Types of Revenues
Employer Services
 
PEO
 
Other
 
Total
HCM
$
4,891.1

 
$

 
$
(5.0
)
 
$
4,886.1

HRO, excluding PEO benefits pass-throughs
696.6

 
1,165.7

 
(6.9
)
 
1,855.4

PEO benefits pass-throughs

 
2,011.1

 

 
2,011.1

Global
1,508.9

 

 

 
1,508.9

Interest on funds held for clients
411.1

 
3.9

 

 
415.0

Total Segment Revenues
$
7,507.7

 
$
3,180.7

 
$
(11.9
)
 
$
10,676.5



Reconciliation of disaggregated revenue to our reportable segments for the nine months ended March 31, 2018:
Types of Revenues
Employer Services
 
PEO
 
Other
 
Total
HCM
$
4,694.1

 
$

 
$
2.3

 
$
4,696.4

HRO, excluding PEO benefits pass-throughs
642.2

 
1,077.4

 
(6.0
)
 
1,713.6

PEO benefits pass-throughs

 
1,828.7

 

 
1,828.7

Global
1,431.9

 

 

 
1,431.9

Interest on funds held for clients
337.5

 
3.4

 

 
340.9

Total Segment Revenues
$
7,105.7

 
$
2,909.5

 
$
(3.7
)
 
$
10,011.5

The following tables provide details of revenue by our strategic pillars with disaggregation for PEO benefits pass-throughs and client fund interest, and includes a reconciliation to the Company’s reportable segments (in millions):

 
Three Months Ended
 
Nine Months Ended
 
March 31,
 
March 31,
Types of Revenues
2019
 
2018
 
2019
 
2018
HCM
$
1,771.4

 
$
1,759.4

 
$
4,886.1

 
$
4,696.4

HRO, excluding PEO benefits pass-throughs
678.7

 
661.7

 
1,855.4

 
1,713.6

PEO benefits pass-throughs
684.5

 
626.4

 
2,011.1

 
1,828.7

Global
545.4

 
513.7

 
1,508.9

 
1,431.9

Interest on funds held for clients
167.4

 
134.8

 
415.0

 
340.9

Total Revenues
$
3,847.4

 
$
3,696.0

 
$
10,676.5

 
$
10,011.5

Contract with Customer, Liability
Changes in deferred revenue related to set up fees for the nine months ended March 31, 2019 were as follows:
Contract Liability
 
Contract liability, July 1, 2018
$
607.5

Recognition of revenue included in beginning of year contract liability
(136.7
)
Contract liability, net of revenue recognized on contracts during the period
119.3

Currency adjustments
(10.9
)
Contract liability, March 31, 2019
$
579.2

Capitalized Contract Cost
The balance is as follows:
 
March 31,
 
2019
Deferred costs to obtain a contract
$
919.8

Deferred costs to fulfill a contract
1,441.8

Total deferred contract costs (1)
$
2,361.6


(1) The amount of total deferred costs amortized during the three and nine months ended March 31, 2019 and March 31, 2018, were $220.6 million and $655.2 million, and $211.2 million and $623.5 million, respectively.