XML 110 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Jun. 30, 2013
Assets    
Cash and cash equivalents $ 1,983.6 [1],[2] $ 1,699.1 [1]
Short-term marketable securities 2,032.2 [2] 28.0
Accounts receivable, net 1,800.4 1,595.3
Other current assets 759.2 646.6
Assets of discontinued operations 0 16.7
Total current assets before funds held for clients 6,575.4 3,985.7
Funds held for clients 19,258.0 22,228.8
Total current assets 25,833.4 26,214.5
Long-term marketable securities 54.1 [1] 314.0 [1],[2]
Long-term receivables, net 155.4 138.7
Property, Plant and Equipment, Net 777.4 728.6
Other assets 1,485.3 1,189.9
Goodwill 3,113.8 3,039.2
Intangible assets, net 632.3 643.2
Total assets 32,051.7 32,268.1
Liabilities    
Accounts payable 169.7 156.5
Accrued expenses and other current liabilities 1,314.9 1,178.3
Accrued payroll and payroll-related expenses 707.1 631.3
Dividends payable 226.9 206.7
Short-term deferred revenues 332.6 314.6
Obligations under reverse repurchase agreements 0 245.9 [1]
Obligations under commercial paper borrowing 2,173.0 [2] 0
Income taxes payable 20.4 39.0
Liabilities of discontinued operations 0 4.2
Total current liabilities before client funds obligations 4,944.6 2,776.5
Client funds obligations 18,963.4 21,956.3
Total current liabilities 23,908.0 24,732.8
Long-term debt 11.5 14.7
Other liabilities 660.0 603.1
Deferred income taxes 288.8 234.4
Long-term deferred revenues 513.2 493.2
Total liabilities 25,381.5 26,078.2
Stockholders' equity:    
Preferred stock, $1.00 par value: Authorized, 0.3 shares; issued, none 0 0
Common stock, $0.10 par value: Authorized, 1,000.0 shares; issued 638.7 shares at June 30, 2014 and June 30, 2013; outstanding, 480.2 and 482.6 shares at June 30, 2014 and 2013, respectively 63.9 63.9
Capital in excess of par value 545.2 456.9
Retained earnings 13,632.9 13,020.3
Treasury stock - at cost: 158.5 and 156.1 shares at June 30, 2014 and June 30, 2013, respectively (7,750.0) (7,366.6)
Accumulated other comprehensive income 178.2 15.4
Total stockholders' equity 6,670.2 6,189.9
Total liabilities and stockholders' equity $ 32,051.7 $ 32,268.1
[1] As of June 30, 2013, $245.2 million of long-term marketable securities and $0.7 million of cash and cash equivalents have been pledged as collateral under the Company's reverse repurchase agreements (see Note 10).
[2] As of June 30, 2014, $2,015.8 million of short-term marketable securities and $183.8 million of cash and cash equivalents are related to the Company's outstanding commercial paper borrowings (see Note 10).