Consolidated Balance Sheets - USD ($) $ in Millions	Aug. 31, 2024	May 31, 2024
Assets
Cash and cash equivalents	$ 1,459.6	$ 1,468.9
Restricted cash	54.9	47.8
Corporate investments	38.4	33.9
Interest receivable	22.9	23.3
Accounts receivable, net of allowance for credit losses	1,126.2	1,059.6
PEO unbilled receivables, net of advance collections	553.8	542.4
Prepaid income taxes		47.5
Prepaid expenses and other current assets	342.4	321.9
Current assets before funds held for clients	3,598.2	3,545.3
Funds held for clients	3,763.2	3,706.2
Total current assets	7,361.4	7,251.5
Long-term corporate investments		3.7
Property and equipment, net of accumulated depreciation	417.4	411.7
Operating lease right-of-use assets, net of accumulated amortization	49.5	46.9
Intangible assets, net of accumulated amortization	187.7	194.5
Goodwill	1,884.9	1,882.7
Long-term deferred costs	471.0	477.1
Other long-term assets	117.2	115.0
Total assets	10,489.1	10,383.1
Liabilities
Accounts payable	80.9	104.3
Accrued corporate compensation and related items	120.8	135.0
Accrued worksite employee compensation and related items	677.2	662.4
Short-term borrowings	18.9	18.7
Accrued income taxes	73.5
Deferred revenue	50.3	50.2
Other current liabilities	478.7	469.8
Current liabilities before client fund obligations	1,500.3	1,440.4
Client fund obligations	3,843.6	3,868.7
Total current liabilities	5,343.9	5,309.1
Accrued income taxes	108.6	102.6
Deferred income taxes	95.1	86.0
Long-term borrowings, net of debt issuance costs	798.7	798.6
Operating lease liabilities	49.4	49.0
Other long-term liabilities	243.0	236.8
Total liabilities	6,638.7	6,582.1
Commitments and contingencies - Note I
Stockholders' equity
Common stock, $0.01 par value; Authorized: 600.0 shares; Issued and outstanding: 359.9 shares as of August 31, 2024 and 360.1 shares as of May 31, 2024	3.6	3.6
Additional paid-in capital	1,761.7	1,729.5
Retained earnings	2,165.4	2,213.0
Accumulated other comprehensive loss	(80.3)	(145.1)
Total stockholders' equity	3,850.4	3,801.0
Total liabilities and stockholders' equity	$ 10,489.1	$ 10,383.1