XML 31 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 1,602.1 $ 2,575.2
Accounts receivable, net of allowance for doubtful accounts of $76.7 and $79.6, respectively 2,769.7 2,727.4
Other current assets 867.5 533.4
Total current assets before funds held for clients 5,239.3 5,836.0
Funds held for clients 46,808.6 34,905.8
Total current assets 52,047.9 40,741.8
Long-term receivables, net of allowance for doubtful accounts of $0.3 and $0.3, respectively 10.1 11.5
Property, plant and equipment, net 648.7 684.5
Operating lease right-of-use asset 462.4 462.2
Deferred contract costs 2,463.2 2,498.2
Other assets 817.5 825.8
Goodwill 2,325.8 2,338.4
Intangible assets, net 1,211.6 1,210.1
Total assets 59,987.2 48,772.5
Current liabilities:    
Accounts payable 77.8 141.1
Accrued expenses and other current liabilities 1,796.1 1,963.3
Accrued payroll and payroll-related expenses 552.7 910.2
Dividends payable 389.5 390.8
Short-term deferred revenues 191.6 203.9
Obligations under reverse repurchase agreements [1] 45.8 23.5
Income taxes payable 179.3 58.2
Total current liabilities before client funds obligations 3,232.8 3,691.0
Client funds obligations 46,437.1 34,403.8
Total current liabilities 49,669.9 38,094.8
Long-term debt 2,985.5 2,985.0
Operating lease liabilities 345.7 343.2
Other liabilities 813.6 834.1
Deferred income taxes 469.3 482.9
Long-term deferred revenues 352.5 362.4
Total liabilities 54,636.5 43,102.4
Commitments and contingencies (Note 13)
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 September 30, 2021 and June 30, 2021; outstanding, 422.0 and 423.7 shares at September 30, 2021 and June 30, 2021, respectively 63.9 63.9
Capital in excess of par value 1,579.1 1,531.3
Retained earnings 19,754.8 19,451.1
Treasury stock - at cost: 216.7 and 215.0 shares at September 30, 2021 and June 30, 2021, respectively (15,924.2) (15,386.8)
Accumulated other comprehensive (loss) income (122.9) 10.6
Total stockholders’ equity 5,350.7 5,670.1
Total liabilities and stockholders’ equity $ 59,987.2 $ 48,772.5
[1] As of September 30, 2021, $45.8 million of short-term marketable securities have been pledged as collateral under the Company's reverse repurchase agreements. As of June 30, 2021, $23.5 million of long-term marketable securities have been pledged as collateral under the Company's reverse repurchase agreements (see Note 9).