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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 2,780.4 $ 3,191.1
Accounts receivable, net of allowance for doubtful accounts of $49.6 and $38.1, respectively 1,703.6 1,742.8
Other current assets 883.2 725.3
Total current assets before funds held for clients 5,367.2 5,659.2
Funds held for clients 27,291.5 33,841.2
Total current assets 32,658.7 39,500.4
Long-term receivables, net of allowance for doubtful accounts of $0.8 and $0.5, respectively 28.0 27.1
Property, Plant and Equipment, Net 779.9 685.0
Other assets 1,352.2 1,241.3
Goodwill 1,741.0 1,682.0
Intangible assets, net 620.2 534.2
Total assets 37,180.0 43,670.0
Liabilities    
Accounts payable 149.7 152.3
Accrued expenses and other current liabilities 1,381.9 1,246.8
Accrued payroll and payroll-related expenses 562.5 616.7
Dividends Payable 250.5 238.4
Short-term deferred revenues 232.9 233.2
Income taxes payable 49.0 28.2
Total current liabilities before client funds obligations 2,626.5 2,515.6
Client funds obligations 27,189.4 33,331.8
Total current liabilities 29,815.9 35,847.4
Long-term Debt, Excluding Current Maturities 2,002.4 2,007.7
Other liabilities 830.2 701.1
Deferred income taxes 163.1 251.1
Long-term deferred revenues 391.4 381.1
Total liabilities 33,203.0 39,188.4
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 June 30, 2017 and 2016, outstanding, 445.0 and 455.7 shares at June 30, 2017 and 2016, respectively 63.9 63.9
Capital in excess of par value 867.8 768.1
Retained earnings 14,728.2 14,003.3
Treasury stock - at cost: 193.7 and 183.0 shares at June 30, 2017 and June 30, 2016, respectively (11,303.7) (10,138.6)
Accumulated other comprehensive income (379.2) (215.1)
Total stockholders' equity 3,977.0 4,481.6
Total liabilities and stockholders' equity $ 37,180.0 $ 43,670.0