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Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Dec. 31, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 2,216.4 $ 2,913.4
Accounts receivable, net of allowance for doubtful accounts of $50.3 and $52.2, respectively 3,503.5 3,428.2
Other current assets 1,126.8 1,204.8
Total current assets before funds held for clients 6,846.7 7,546.4
Funds held for clients 47,407.7 37,996.1
Total current assets 54,254.4 45,542.5
Long-term receivables, net of allowance for doubtful accounts of $0.2 and $0.1, respectively 5.9 7.3
Property, plant and equipment, net 682.2 685.6
Operating lease right-of-use asset 342.9 370.6
Deferred contract costs 2,936.4 2,965.0
Other assets 951.9 1,102.1
Goodwill 3,183.9 2,353.6
Intangible assets, net 1,739.1 1,336.0
Total assets 64,096.7 54,362.7
Current liabilities:    
Accounts payable 186.4 100.6
Accrued expenses and other current liabilities 3,088.7 3,349.0
Accrued payroll and payroll-related expenses 682.6 958.7
Dividends payable 621.6 566.4
Short-term deferred revenues 236.7 199.8
Obligations under reverse repurchase agreements [1] 0.0 385.4
Short-term debt 1,000.5 1.1
Income taxes payable 4.4 15.1
Total current liabilities before client funds obligations 5,820.9 5,576.1
Client funds obligations 48,482.2 39,503.9
Total current liabilities 54,303.1 45,080.0
Long-term debt 2,982.0 2,991.3
Operating lease liabilities 300.3 328.6
Other liabilities 999.3 990.8
Deferred income taxes 90.8 64.3
Long-term deferred revenues 343.1 360.1
Total liabilities 59,018.6 49,815.1
Commitments and contingencies (Note 14)
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 December 31, 2024 and June 30, 2024; outstanding, 406.9 and 408.1 shares at December 31, 2024 and June 30, 2024, respectively 63.9 63.9
Capital in excess of par value 2,619.6 2,406.9
Retained earnings 24,335.6 23,622.2
Treasury stock - at cost: 231.8 and 230.6 shares at December 31, 2024 and June 30, 2024, respectively (20,412.3) (19,737.1)
Accumulated other comprehensive (loss)/ income (1,528.7) (1,808.3)
Total stockholders’ equity 5,078.1 4,547.6
Total liabilities and stockholders’ equity $ 64,096.7 $ 54,362.7
Common stock, shares issued (in shares) 638.7 638.7
[1] As of June 30, 2024, $384.0 million of short-term marketable securities and $1.4 million of cash and cash equivalents have been pledged as collateral under the Company's reverse repurchase agreements (see Note 10).