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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 2,680.6 $ 2,913.4
Accounts receivable, net of allowance for doubtful accounts of $48.2 and $52.2, respectively 3,547.9 3,428.2
Other current assets 933.1 1,204.8
Total current assets before funds held for clients 7,161.6 7,546.4
Funds held for clients 39,375.2 37,996.1
Total current assets 46,536.8 45,542.5
Long-term receivables, net of allowance for doubtful accounts of $0.2 and $0.1, respectively 5.1 7.3
Property, plant and equipment, net 670.4 685.6
Operating lease right-of-use asset 335.6 370.6
Deferred contract costs 2,996.3 2,965.0
Other assets 999.9 1,102.1
Goodwill 3,300.2 2,353.6
Intangible assets, net 1,604.3 1,336.0
Total assets 56,448.6 54,362.7
Current liabilities:    
Accounts payable 146.3 100.6
Accrued expenses and other current liabilities 2,977.2 3,349.0
Accrued payroll and payroll-related expenses 732.1 958.7
Dividends payable 620.7 566.4
Short-term deferred revenues 241.3 199.8
Obligations under reverse repurchase agreements [1] 0.0 385.4
Short-term debt 1,000.7 1.1
Income taxes payable 63.9 15.1
Total current liabilities before client funds obligations 5,782.2 5,576.1
Client funds obligations 40,063.2 39,503.9
Total current liabilities 45,845.4 45,080.0
Long-term debt 2,982.5 2,991.3
Operating lease liabilities 283.2 328.6
Other liabilities 991.2 990.8
Deferred income taxes 129.1 64.3
Long-term deferred revenues 361.9 360.1
Total liabilities 50,593.3 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 March 31, 2025 and June 30, 2024; outstanding, 406.3 and 408.1 shares at March 31, 2025 and June 30, 2024, respectively 63.9 63.9
Capital in excess of par value 2,720.8 2,406.9
Retained earnings 24,956.6 23,622.2
Treasury stock - at cost: 232.4 and 230.6 shares at March 31, 2025 and June 30, 2024, respectively (20,700.0) (19,737.1)
Accumulated other comprehensive loss (1,186.0) (1,808.3)
Total stockholders’ equity 5,855.3 4,547.6
Total liabilities and stockholders’ equity $ 56,448.6 $ 54,362.7
[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).