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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 2,478.0 $ 3,347.8
Short-term marketable securities [1] 5,466.1 4,498.8
Accounts receivable, net of allowance for doubtful accounts of $46.0 and $47.1, respectively 3,463.6 3,579.1
Other current assets 1,094.9 840.8
Total current assets before funds held for clients 12,502.6 12,266.5
Funds held for clients 31,699.9 30,985.7
Total current assets 44,202.5 43,252.2
Property, plant and equipment, net 646.7 655.4
Operating lease right-of-use asset 392.7 374.1
Deferred contract costs 3,120.8 3,154.1
Other assets 1,084.9 1,057.0
Goodwill 3,275.2 3,273.5
Intangible assets, net 1,598.0 1,603.0
Total assets 54,320.8 53,369.3
Current liabilities:    
Accounts payable 129.0 169.1
Accrued expenses and other current liabilities 2,906.6 3,092.4
Accrued payroll and payroll-related expenses 601.9 973.1
Dividends payable 618.9 620.6
Short-term deferred revenues 258.1 262.8
Obligations under reverse repurchase agreements [1] 247.4 38.4
Obligations under commercial paper borrowings 5,208.0 4,769.5
Income taxes payable 116.5 9.1
Total current liabilities before client funds obligations 10,086.4 9,935.0
Client funds obligations 31,845.6 31,343.3
Total current liabilities 41,932.0 41,278.3
Long-term debt 3,975.6 3,974.7
Operating lease liabilities 341.7 321.2
Other liabilities 1,041.4 1,058.3
Deferred income taxes 272.4 163.6
Long-term deferred revenues 383.9 385.2
Total liabilities 47,947.0 47,181.3
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 September 30, 2025 and June 30, 2025; outstanding, 404.9 and 405.3 shares at September 30, 2025 and June 30, 2025, respectively 63.9 63.9
Capital in excess of par value 2,868.0 2,788.3
Retained earnings 25,622.4 25,240.6
Treasury stock - at cost: 233.8 and 233.4 shares at September 30, 2025 and June 30, 2025, respectively (21,449.8) (21,021.4)
Accumulated other comprehensive loss (730.7) (883.4)
Total stockholders’ equity 6,373.8 6,188.0
Total liabilities and stockholders’ equity $ 54,320.8 $ 53,369.3
[1] As of September 30, 2025, $247.4 million of short-term marketable securities have been pledged as collateral under the Company's reverse repurchase agreements. 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 (see Note 10).