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Statements Of Consolidated Earnings (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Sep. 30, 2012
Sep. 30, 2011
REVENUES:    
Revenues, other than interest on funds held for clients and PEO revenues $ 2,081.8 $ 1,991.1
Interest on funds held for clients 106.8 121.9
PEO revenues 448.9 [1] 397.9 [1]
TOTAL REVENUES 2,637.5 2,510.9
EXPENSES:    
Operating expenses 1,367.5 1,289.7
Systems development and programming costs 156.3 147.9
Depreciation and amortization 62.7 62.8
TOTAL COSTS OF REVENUES 1,586.5 1,500.4
Selling, general and administrative expenses 611.4 586.9
Interest expense 3.1 2.1
TOTAL EXPENSES 2,201.0 2,089.4
Other income, net (29.1) (34.2)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 465.6 455.7
Provision for income taxes 163.1 155.3
NET EARNINGS FROM CONTINUING OPERATIONS 302.5 300.4
Earnings from discontinued operations, net of provision for income taxes of $1.7 and $1.3 for the three months ended September 30, 2012 and 2011, respectively 2.8 2.3
NET EARNINGS $ 305.3 $ 302.7
Basic Earnings Per Share from Continuing Operations $ 0.63 $ 0.62
Basic Earnings Per Share from Discontinued Operations $ 0.01 $ 0.00
BASIC EARNINGS PER SHARE $ 0.63 $ 0.62
Diluted Earnings Per Share from Continuing Operations $ 0.62 $ 0.61
Diluted Earnings Per Share from Discontinued Operations $ 0.01 $ 0.00
DILUTED EARNINGS PER SHARE $ 0.63 $ 0.61
Basic weighted average shares outstanding 483.5 487.9
Diluted weighted average shares outstanding 488.4 493.3
Dividends declared per common share $ 0.3950 $ 0.3600
[1] Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $4,525.8 and $3,935.3 for the three months ended September 30, 2012 and 2011, respectively.