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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Jun. 30, 2019
Statement of Financial Position [Abstract]    
Long-term Marketable Securities Under Reverse Repurchase Agreements $ 13.6 $ 261.4
Current assets:    
Cash and cash equivalents 1,908.5 1,949.2
Short-term marketable securities 0.0 10.5
Accounts receivable, net of allowance for doubtful accounts of $92.5 and $54.9, respectively 2,441.3 2,439.3
Other current assets 506.2 509.1
Total current assets before funds held for clients 4,856.0 4,908.1
Funds held for clients 26,708.1 29,434.2
Total current assets 31,564.1 34,342.3
Long-term receivables, net of allowance for doubtful accounts of $0.5 and $0.4, respectively 18.6 23.8
Property, plant and equipment, net 703.9 764.2
Operating lease right-of-use asset 493.7 0.0
Deferred contract costs [1] 2,401.6 2,428.5
Other assets 458.4 934.4
Goodwill 2,309.4 2,323.0
Intangible assets, net 1,215.8 1,071.5
Total assets 39,165.5 41,887.7
Liabilities    
Accounts payable 102.0 125.5
Accrued expenses and other current liabilities 1,980.7 1,759.0
Accrued payroll and payroll-related expenses 557.0 721.1
Dividends payable 387.3 340.1
Short-term deferred revenues 212.5 220.7
Obligations under reverse repurchase agreements (A) 13.6 [2] 262.0
Short-term debt 1,001.8 0.0
Income taxes payable 40.1 54.8
Total current liabilities before client funds obligations 4,295.0 3,483.2
Client funds obligations 25,831.6 29,144.5
Total current liabilities 30,126.6 32,627.7
Long-term debt 1,002.8 2,002.2
Operating lease liabilities   0.0
Other liabilities 837.0 798.7
Deferred income taxes 731.9 659.9
Long-term deferred revenues 370.6 399.3
Total liabilities 33,413.3 36,487.8
Stockholders' equity:    
Preferred stock, $1.00 par value: Authorized, 0.3 shares; issued, none 0.0 0.0
Common Stock, Value, Issued 63.9 63.9
Capital in excess of par value 1,333.8 1,183.2
Retained earnings 18,436.3 17,500.6
Treasury Stock, Value 14,067.0 13,090.5
Accumulated other comprehensive loss (14.8) (257.3)
Total stockholders’ equity 5,752.2 5,399.9
Total liabilities and stockholders’ equity $ 39,165.5 41,887.7
Cash And Cash Equivalents Under Reverse Repurchase Agreements   $ 0.6
[1] (1) The amount of total deferred costs amortized during the twelve months ended June 30, 2020, June 30, 2019, and June 30, 2018 were $915.0 million, $874.0 million, and $837.4 million, respectively.
[2] (A) As of June 30, 2020, $13.6 million of long-term marketable securities have been pledged as collateral under the Company's reverse repurchase agreements. As of June 30, 2019, $261.4 million of long-term marketable securities and $0.6 million of cash and cash equivalents have been pledged as collateral under the Company's reverse repurchase agreements (see Note 8).