XML 47 R3.htm IDEA: XBRL DOCUMENT v3.22.2
Statements Of Consolidated Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
REVENUES:      
Revenues $ 16,498.3 $ 15,005.4 $ 14,589.8
Costs of revenues:      
Operating expenses 8,252.6 7,520.7 7,404.1
Systems development and programming costs 798.6 716.6 674.1
Depreciation and amortization 410.7 403.0 366.9
TOTAL COSTS OF REVENUES 9,461.9 8,640.3 8,445.1
Selling, general, and administrative expenses 3,233.2 3,040.5 3,003.0
Interest expense 81.9 59.7 107.1
TOTAL EXPENSES 12,777.0 11,740.5 11,555.2
Other (income)/expense, net (82.8) (96.3) (148.0)
EARNINGS BEFORE INCOME TAXES 3,804.1 3,361.2 3,182.6
Provision for income taxes 855.2 762.7 716.1
NET EARNINGS $ 2,948.9 $ 2,598.5 $ 2,466.5
BASIC EARNINGS PER SHARE (in dollars per share) $ 7.04 $ 6.10 $ 5.73
DILUTED EARNINGS PER SHARE (in dollars per share) $ 7.00 $ 6.07 $ 5.70
Basic weighted average shares outstanding (in shares) 418.8 426.3 430.8
Diluted weighted average shares outstanding (in shares) 421.1 428.1 432.7
Revenues, other than interest on funds held for clients and PEO revenues      
REVENUES:      
Revenues $ 10,505.0 $ 9,768.6 $ 9,538.1
Interest on funds held for clients      
REVENUES:      
Revenues 451.8 422.4 545.2
PEO Revenues      
REVENUES:      
Revenues [1] $ 5,541.5 $ 4,814.4 $ 4,506.5
[1] For the years ended June 30, 2022 (“fiscal 2022”), June 30, 2021 (“fiscal 2021”), and June 30, 2020 (“fiscal 2020”), Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $62,619.2 million, $51,362.3 million, and $45,826.1 million, respectively.