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Statements Of Consolidated Earnings (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
REVENUES:      
Revenues, other than interest on funds held for clients and PEO revenues $ 9,575.2 $ 8,906.0 $ 8,341.9
Interest on funds held for clients 373.7 420.9 493.3
PEO revenues 2,257.6 [1] 1,960.7 [1] 1,760.2 [1]
TOTAL REVENUES 12,206.5 11,287.6 10,595.4
EXPENSES:      
Operating expenses 6,248.6 5,731.5 5,355.2
Systems development and programming costs 718.0 654.3 592.7
Depreciation and amortization 254.8 252.7 256.0
TOTAL COSTS OF REVENUES 7,221.4 6,638.5 6,203.9
Selling, general and administrative expenses 2,762.4 2,617.4 2,452.9
Separation costs 14.9 0 0
Goodwill impairment 0 42.7 0
Interest expense 6.1 9.1 7.7
TOTAL EXPENSES 10,004.8 9,307.7 8,664.5
Other income, net (72.9) (96.2) (170.8)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 2,274.6 2,076.1 2,101.7
Provision for income taxes 772.0 718.0 726.5
NET EARNINGS FROM CONTINUING OPERATIONS 1,502.6 1,358.1 1,375.2
EARNINGS FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES 19.5 75.0 20.4
Provision for income taxes 6.2 27.3 7.1
NET EARNINGS FROM DISCONTINUED OPERATIONS 13.3 47.7 13.3
NET EARNINGS $ 1,515.9 $ 1,405.8 $ 1,388.5
Basic Earnings Per Share from Continuing Operations $ 3.14 $ 2.81 $ 2.82
Basic Earnings Per Share from Discontinued Operations $ 0.03 $ 0.10 $ 0.03
BASIC EARNINGS PER SHARE $ 3.17 $ 2.91 $ 2.85
Diluted Earnings Per Share from Continuing Operations $ 3.11 $ 2.79 $ 2.79
Diluted Earnings Per Share from Discontinued Operations $ 0.03 $ 0.10 $ 0.03
DILUTED EARNINGS PER SHARE $ 3.14 $ 2.89 $ 2.82
Basic weighted average shares outstanding 478.9 482.7 487.3
Diluted weighted average shares outstanding 483.1 487.1 492.2
[1] Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of $23,192.2 million, $19,956.2 million, and $17,792.2 million, respectively.