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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 2,705.2 $ 3,191.1
Accounts receivable, net of allowance for doubtful accounts of $45.6 and $38.1, respectively 1,839.5 1,742.8
Other current assets 837.0 725.3
Total current assets before funds held for clients 5,381.7 5,659.2
Funds held for clients 30,426.4 33,841.2
Total current assets 35,808.1 39,500.4
Long-term receivables, net of allowance for doubtful accounts of $0.8 and $0.5, respectively 24.6 27.1
Property, plant and equipment, net 733.2 685.0
Other assets 1,228.2 1,241.3
Goodwill 1,652.9 1,682.0
Intangible assets, net 552.4 534.2
Total assets 39,999.4 43,670.0
Current liabilities:    
Accounts payable 137.4 152.3
Accrued expenses and other current liabilities 1,420.3 1,246.8
Accrued payroll and payroll-related expenses 444.7 616.7
Dividends payable 253.2 238.4
Short-term deferred revenues 215.4 233.2
Income taxes payable 82.7 28.2
Total current liabilities before client funds obligations 2,553.7 2,515.6
Client funds obligations 30,402.6 33,331.8
Total current liabilities 32,956.3 35,847.4
Long-term debt 2,002.5 2,007.7
Other liabilities 770.6 701.1
Deferred income taxes 85.1 251.1
Long-term deferred revenues 369.8 381.1
Total liabilities 36,184.3 39,188.4
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, 2016 and June 30, 2016; outstanding, 448.9 and 455.7 shares at December 31, 2016 and June 30, 2016, respectively 63.9 63.9
Capital in excess of par value 784.2 768.1
Retained earnings 14,384.7 14,003.3
Treasury stock - at cost: 189.8 and 183.0 shares at December 31, 2016 and June 30, 2016, respectively (10,851.0) (10,138.6)
Accumulated other comprehensive loss (566.7) (215.1)
Total stockholders’ equity 3,815.1 4,481.6
Total liabilities and stockholders’ equity $ 39,999.4 $ 43,670.0