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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 1,826.2 $ 2,170.0
Accounts receivable, net of allowance for doubtful accounts of $50.8 and $51.3, respectively 2,485.2 1,984.2
Other current assets 534.4 531.3
Total current assets before funds held for clients 4,845.8 4,685.5
Funds held for clients 36,078.2 27,137.8
Total current assets 40,924.0 31,823.3
Long-term receivables, net of allowance for doubtful accounts of $0.5 and $0.5, respectively 25.6 25.5
Property, plant and equipment, net 765.8 793.7
Deferred contract costs 2,361.6 [1] 2,377.4
Other assets 740.3 699.3
Goodwill 2,316.1 2,243.5
Intangible assets, net 1,062.9 886.4
Total assets 48,196.3 38,849.1
Current liabilities:    
Accounts payable 156.3 135.4
Accrued expenses and other current liabilities 1,678.7 1,547.6
Accrued payroll and payroll-related expenses 607.4 667.7
Dividends payable 340.0 298.9
Short-term deferred revenues 228.3 225.7
Income taxes payable 99.7 43.9
Total current liabilities before client funds obligations 3,110.4 2,919.2
Client funds obligations 36,055.6 27,493.5
Total current liabilities 39,166.0 30,412.7
Long-term debt 2,002.3 2,002.4
Other liabilities 759.8 728.0
Deferred income taxes 615.8 522.0
Long-term deferred revenues 406.2 448.1
Total liabilities 42,950.1 34,113.2
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, 2019 and June 30, 2018; outstanding, 435.5 and 438.8 shares at March 31, 2019 and June 30, 2018, respectively 63.9 63.9
Capital in excess of par value 1,140.2 1,014.8
Retained earnings 17,368.6 16,546.6
Treasury stock - at cost: 203.2 and 199.9 shares at March 31, 2019 and June 30, 2018, respectively (12,914.6) (12,209.6)
Accumulated other comprehensive loss (411.9) (679.8)
Total stockholders’ equity 5,246.2 4,735.9
Total liabilities and stockholders’ equity $ 48,196.3 $ 38,849.1
[1] (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.