XML 62 R25.htm IDEA: XBRL DOCUMENT v3.22.0.1
Revenue (Tables)
6 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue The following tables provide details of revenue by our strategic pillars, and include a reconciliation to the Company’s reportable segments. The Company made changes to certain allocation methodologies in both the current period and the prior period in the tables below which did not materially affect our reporting of revenues by strategic pillar:
Three Months EndedSix Months Ended
December 31,December 31,
Types of Revenues2021202020212020
HCM$1,743.8 $1,630.8 $3,410.4 $3,167.8 
HRO, excluding PEO zero-margin benefits pass-throughs758.7 667.8 1,438.0 1,249.1 
PEO zero-margin benefits pass-throughs863.9 765.9 1,703.4 1,507.0 
Global553.0 525.8 1,098.8 1,030.7 
Interest on funds held for clients106.0 105.4 207.1 211.9 
Total Revenues$4,025.4 $3,695.7 $7,857.7 $7,166.5 

Reconciliation of disaggregated revenue to our reportable segments for the three months ended December 31, 2021:
Types of RevenuesEmployer ServicesPEOOtherTotal
HCM$1,745.7 $— $(1.9)$1,743.8 
HRO, excluding PEO zero-margin benefits pass-throughs267.8 493.7 (2.8)758.7 
PEO zero-margin benefits pass-throughs— 863.9 — 863.9 
Global553.0 — 553.0 
Interest on funds held for clients104.8 1.2 — 106.0 
Total Segment Revenues$2,671.3 $1,358.8 $(4.7)$4,025.4 

Reconciliation of disaggregated revenue to our reportable segments for the three months ended December 31, 2020:
Types of RevenuesEmployer ServicesPEOOtherTotal
HCM$1,631.2 $— $(0.4)$1,630.8 
HRO, excluding PEO zero-margin benefits pass-throughs249.2 419.2 (0.6)667.8 
PEO zero-margin benefits pass-throughs— 765.9 — 765.9 
Global525.8 — — 525.8 
Interest on funds held for clients104.4 1.0 — 105.4 
Total Segment Revenues$2,510.6 $1,186.1 $(1.0)$3,695.7 

Reconciliation of disaggregated revenue to our reportable segments for the six months ended December 31, 2021:
Types of RevenuesEmployer ServicesPEOOtherTotal
HCM$3,414.7 $— $(4.3)$3,410.4 
HRO, excluding PEO zero-margin benefits pass-throughs524.1 917.6 (3.7)1,438.0 
PEO zero-margin benefits pass-throughs— 1,703.4 — 1,703.4 
Global1,098.8 — — 1,098.8 
Interest on funds held for clients205.2 1.9 — 207.1 
Total Segment Revenues$5,242.8 $2,622.9 $(8.0)$7,857.7 
Reconciliation of disaggregated revenue to our reportable segments for the six months ended December 31, 2020:
Types of RevenuesEmployer ServicesPEOOtherTotal
HCM$3,169.8 $— $(2.0)$3,167.8 
HRO, excluding PEO zero-margin benefits pass-throughs477.3 772.7 (0.9)1,249.1 
PEO zero-margin benefits pass-throughs— 1,507.0 — 1,507.0 
Global1,030.7 — — 1,030.7 
Interest on funds held for clients209.6 2.3 — 211.9 
Total Segment Revenues$4,887.4 $2,282.0 $(2.9)$7,166.5 
Contract with Customer, Liability Changes in deferred revenue related to set up fees for the six months ended December 31, 2021 were as follows:
Contract Liability
Contract liability, July 1, 2021$516.1 
Recognition of revenue included in beginning of year contract liability(79.1)
Contract liability, net of revenue recognized on contracts during the period61.9 
Currency translation adjustments(21.9)
Contract liability, December 31, 2021$477.0