XML 38 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 3,347,800,000 $ 2,913,400,000
Short-term marketable securities 4,498,800,000 384,000,000.0
Accounts receivable, net of allowance for doubtful accounts of $47.1 and $52.2, respectively 3,579,100,000 3,428,200,000
Other current assets 840,800,000 820,800,000
Total current assets before funds held for clients 12,266,500,000 7,546,400,000
Funds held for clients 30,985,700,000 37,996,100,000
Total current assets 43,252,200,000 45,542,500,000
Long-term receivables, net of allowance for doubtful accounts of $0.1 and $0.1, respectively 4,400,000 7,300,000
Property, plant and equipment, net 655,400,000 685,600,000
Operating lease right-of-use asset 374,100,000 370,600,000
Deferred contract costs 3,154,100,000 2,965,000,000
Other assets 1,052,600,000 1,102,100,000
Goodwill 3,273,500,000 2,353,600,000
Intangible assets, net 1,603,000,000 1,336,000,000
Total assets 53,369,300,000 54,362,700,000
Current liabilities:    
Accounts payable 169,100,000 100,600,000
Accrued expenses and other current liabilities 3,092,400,000 3,350,100,000
Accrued payroll and payroll-related expenses 973,100,000 958,700,000
Dividends payable 620,600,000 566,400,000
Short-term deferred revenues 262,800,000 199,800,000
Obligations under reverse repurchase agreements [1] 38,400,000 385,400,000
Obligations under commercial paper borrowings 4,769,500,000 0
Income taxes payable 9,100,000 15,100,000
Total current liabilities before client funds obligations 9,935,000,000 5,576,100,000
Client funds obligations 31,343,300,000 39,503,900,000
Total current liabilities 41,278,300,000 45,080,000,000
Long-term debt 3,974,700,000 2,991,300,000
Operating lease liabilities 321,200,000 328,600,000
Other liabilities 1,058,300,000 990,800,000
Deferred income taxes 163,600,000 64,300,000
Long-term deferred revenues 385,200,000 360,100,000
Total liabilities 47,181,300,000 49,815,100,000
Commitments and Contingencies (Note 13)
Stockholders' equity:    
Preferred stock, $1.00 par value: Authorized, 0.3 shares; issued, none 0 0
Common stock, $0.10 par value: authorized,1,000.0 shares; issued, 638.7 shares at June 30, 2025 and June 30, 2024; outstanding, 405.3 and 408.1 shares at June 30, 2025 and June 30, 2024, respectively 63,900,000 63,900,000
Capital in excess of par value 2,788,300,000 2,406,900,000
Retained earnings 25,240,600,000 23,622,200,000
Treasury stock - at cost: 233.4 and 230.6 shares at June 30, 2025 and June 30, 2024, respectively (21,021,400,000) (19,737,100,000)
Accumulated other comprehensive (loss)/income (883,400,000) (1,808,300,000)
Total stockholders’ equity 6,188,000,000 4,547,600,000
Total liabilities and stockholders’ equity $ 53,369,300,000 $ 54,362,700,000
[1] As of June 30, 2025, $38.4 million of short-term marketable securities have been pledged as collateral under the Company's reverse repurchase agreements. 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 9).