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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 1,602,200,000 $ 1,908,500,000
Accounts receivable, net of allowance for doubtful accounts of $86.3 and $92.5, respectively 2,509,800,000 2,441,300,000
Other current assets 684,100,000 506,200,000
Total current assets before funds held for clients 4,796,100,000 4,856,000,000.0
Funds held for clients 36,866,200,000 26,708,100,000
Total current assets 41,662,300,000 31,564,100,000
Long-term receivables, net of allowance for doubtful accounts of $0.6 and $0.5, respectively 15,300,000 18,600,000
Property, plant and equipment, net 692,700,000 703,900,000
Operating lease right-of-use asset 501,100,000 493,700,000
Deferred contract costs 2,417,200,000 2,401,600,000
Other assets 483,500,000 458,400,000
Goodwill 2,346,600,000 2,309,400,000
Intangible assets, net 1,207,200,000 1,215,800,000
Total assets 49,325,900,000 39,165,500,000
Current liabilities:    
Accounts payable 113,900,000 102,000,000.0
Accrued expenses and other current liabilities 1,778,100,000 1,980,700,000
Accrued payroll and payroll-related expenses 587,400,000 557,000,000.0
Dividends payable 394,400,000 387,300,000
Short-term deferred revenues 207,700,000 212,500,000
Obligations under reverse repurchase agreements [1] 0 13,600,000
Short-term debt 0 1,001,800,000
Income taxes payable 28,900,000 40,100,000
Total current liabilities before client funds obligations 3,110,400,000 4,295,000,000.0
Client funds obligations 36,066,100,000 25,831,600,000
Total current liabilities 39,176,500,000 30,126,600,000
Long-term debt 1,994,100,000 1,002,800,000
Operating lease liabilities 357,400,000 344,400,000
Other liabilities 812,500,000 837,000,000.0
Deferred income taxes 711,500,000 731,900,000
Long-term deferred revenues 373,900,000 370,600,000
Total liabilities 43,425,900,000 33,413,300,000
Commitments and contingencies (Note 13)
Stockholders' equity:    
Preferred stock, $1.00 par value: authorized, 0.3 shares; issued, none 0 0
Common stock, $0.10 par value: authorized, 1,000.0 shares; issued, 638.7 shares at December 31, 2020 and June 30, 2020; outstanding, 428.1 and 429.9 shares at December 31, 2020 and June 30, 2020, respectively 63,900,000 63,900,000
Capital in excess of par value 1,407,600,000 1,333,800,000
Retained earnings 18,893,600,000 18,436,300,000
Treasury stock - at cost: 210.6 and 208.9 shares at December 31, 2020 and June 30, 2020, respectively (14,505,400,000) (14,067,000,000.0)
Accumulated other comprehensive income (loss) 40,300,000 (14,800,000)
Total stockholders’ equity 5,900,000,000.0 5,752,200,000
Total liabilities and stockholders’ equity $ 49,325,900,000 $ 39,165,500,000
[1] 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 (see Note 9).