XML 52 R26.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Revenue (Tables)
6 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Reconciliation of disaggregated revenue to our reportable segments for the three months ended December 31, 2019:
Types of Revenues
Employer Services
 
PEO
 
Other
 
Total
HCM
$
1,649.8

 
$

 
$
(1.9
)
 
$
1,647.9

HRO, excluding PEO zero-margin benefits pass-throughs
239.9

 
411.0

 
(0.8
)
 
650.1

PEO zero-margin benefits pass-throughs

 
722.4

 

 
722.4

Global
511.4

 

 

 
511.4

Interest on funds held for clients
136.4

 
1.3

 

 
137.7

Total Segment Revenues
$
2,537.5

 
$
1,134.7

 
$
(2.7
)
 
$
3,669.5


Reconciliation of disaggregated revenue to our reportable segments for the three months ended December 31, 2018:
Types of Revenues
Employer Services
 
PEO
 
Other
 
Total
HCM
$
1,599.6

 
$

 
$
(0.2
)
 
$
1,599.4

HRO, excluding PEO zero-margin benefits pass-throughs
232.9

 
383.8

 
(2.5
)
 
614.2

PEO zero-margin benefits pass-throughs

 
659.7

 

 
659.7

Global
490.0

 

 

 
490.0

Interest on funds held for clients
127.9

 
1.2

 

 
129.1

Total Segment Revenues
$
2,450.4

 
$
1,044.7

 
$
(2.7
)
 
$
3,492.4


Reconciliation of disaggregated revenue to our reportable segments for the six months ended December 31, 2019:

Types of Revenues
Employer Services
 
PEO
 
Other
 
Total
HCM
$
3,219.8

 
$

 
$
(3.3
)
 
$
3,216.5

HRO, excluding PEO zero-margin benefits pass-throughs
475.6

 
767.5

 
(1.9
)
 
1,241.2

PEO zero-margin benefits pass-throughs

 
1,421.5

 

 
1,421.5

Global
1,014.5

 

 

 
1,014.5

Interest on funds held for clients
269.0

 
2.5

 

 
271.5

Total Segment Revenues
$
4,978.9

 
$
2,191.5

 
$
(5.2
)
 
$
7,165.2


Reconciliation of disaggregated revenue to our reportable segments for the six months ended December 31, 2018:

Types of Revenues
Employer Services
 
PEO
 
Other
 
Total
HCM
$
3,116.4

 
$

 
$
(1.7
)
 
$
3,114.7

HRO, excluding PEO zero-margin benefits pass-throughs
463.4

 
717.1

 
(3.8
)
 
1,176.7

PEO zero-margin benefits pass-throughs

 
1,300.2

 

 
1,300.2

Global
963.5

 

 

 
963.5

Interest on funds held for clients
245.3

 
2.3

 

 
247.6

Total Segment Revenues
$
4,788.6

 
$
2,019.6

 
$
(5.5
)
 
$
6,802.7


The following tables provide details of revenue by our strategic pillars with disaggregation for PEO zero-margin benefits pass-throughs and client fund interest, and include a reconciliation to the Company’s reportable segments:
 
Three Months Ended
 
Six Months Ended
 
December 31,
 
December 31,
Types of Revenues
2019
 
2018
 
2019
 
2018
HCM
$
1,647.9

 
$
1,599.4

 
$
3,216.5

 
$
3,114.7

HRO, excluding PEO zero-margin benefits pass-throughs
650.1

 
614.2

 
1,241.2

 
1,176.7

PEO zero-margin benefits pass-throughs
722.4

 
659.7

 
1,421.5

 
1,300.2

Global
511.4

 
490.0

 
1,014.5

 
963.5

Interest on funds held for clients
137.7

 
129.1

 
271.5

 
247.6

Total Revenues
$
3,669.5

 
$
3,492.4

 
$
7,165.2

 
$
6,802.7


Contract with Customer, Liability
Changes in deferred revenue related to set up fees for the six months ended December 31, 2019 were as follows:
Contract Liability
 
Contract liability, July 1, 2019
$
563.4

Recognition of revenue included in beginning of year contract liability
(88.7
)
Contract liability, net of revenue recognized on contracts during the period
66.1

Currency adjustments
(4.0
)
Contract liability, December 31, 2019
$
536.8