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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 2,424.7 $ 3,347.8
Short-term marketable securities [1] 45.7 4,498.8
Accounts receivable, net of allowance for doubtful accounts of $47.5 and $47.1, respectively 3,408.5 3,579.1
Other current assets 1,083.1 840.8
Total current assets before funds held for clients 6,962.0 12,266.5
Funds held for clients 67,510.1 30,985.7
Total current assets 74,472.1 43,252.2
Property, plant and equipment, net 622.7 655.4
Operating lease right-of-use asset 405.7 374.1
Deferred contract costs 3,109.1 3,154.1
Other assets 1,113.1 1,057.0
Goodwill 3,294.2 3,273.5
Intangible assets, net 1,622.5 1,603.0
Total assets 84,639.4 53,369.3
Current liabilities:    
Accounts payable 143.1 169.1
Accrued expenses and other current liabilities 2,478.1 3,092.4
Accrued payroll and payroll-related expenses 721.3 973.1
Dividends payable 680.5 620.6
Short-term deferred revenues 261.7 262.8
Obligations under reverse repurchase agreements [1] 45.8 38.4
Obligations under commercial paper borrowings 0.0 4,769.5
Income taxes payable 197.3 9.1
Total current liabilities before client funds obligations 4,527.8 9,935.0
Client funds obligations 67,613.7 31,343.3
Total current liabilities 72,141.5 41,278.3
Long-term debt 3,976.4 3,974.7
Operating lease liabilities 347.6 321.2
Other liabilities 1,051.2 1,058.3
Deferred income taxes 349.5 163.6
Long-term deferred revenues 380.2 385.2
Total liabilities 78,246.4 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 December 31, 2025 and June 30, 2025; outstanding, 403.0 and 405.3 shares at December 31, 2025 and June 30, 2025, respectively 63.9 63.9
Capital in excess of par value 2,936.8 2,788.3
Retained earnings 25,992.6 25,240.6
Treasury stock - at cost: 235.7 and 233.4 shares at December 31, 2025 and June 30, 2025, respectively (21,960.6) (21,021.4)
Accumulated other comprehensive income/(loss) (639.7) (883.4)
Total stockholders’ equity 6,393.0 6,188.0
Total liabilities and stockholders’ equity $ 84,639.4 $ 53,369.3
[1] As of December 31, 2025, $45.7 million of short-term marketable securities and $0.1 million of cash and cash equivalents 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).