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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Jun. 30, 2017
Current assets:    
Cash and cash equivalents $ 2,170.0 $ 2,780.4 [1]
Accounts receivable, net of allowance for doubtful accounts of $51.3 and $49.6, respectively 1,984.2 1,703.6
Other current assets 758.0 883.2
Total current assets before funds held for clients 4,912.2 5,367.2
Funds held for clients 27,137.8 27,291.5
Total current assets 32,050.0 32,658.7
Long-term receivables, net of allowance for doubtful accounts of $0.5 and $0.8, respectively 25.5 28.0
Property, plant and equipment, net 793.7 779.9
Other assets 1,089.6 1,352.2
Goodwill 2,243.5 1,741.0
Intangible assets, net 886.4 620.2
Total assets 37,088.7 37,180.0
Liabilities    
Accounts payable 135.4 149.7
Accrued expenses and other current liabilities 1,547.7 1,381.9
Accrued payroll and payroll-related expenses 667.7 562.5
Dividends payable 298.9 250.5
Short-term deferred revenues 226.5 232.9
Income taxes payable 43.9 49.0
Total current liabilities before client funds obligations 2,920.1 2,626.5
Client funds obligations 27,493.5 27,189.4
Total current liabilities 30,413.6 29,815.9
Long-term debt 2,002.4 2,002.4
Other liabilities 728.0 830.2
Deferred income taxes 107.3 163.1
Long-term deferred revenues 377.8 391.4
Total liabilities 33,629.1 33,203.0
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, 2018 and June 30, 2017; outstanding, 438.8 and 445.0 shares at June 30, 2018 and June 30, 2017, respectively 63.9 63.9
Capital in excess of par value 1,014.8 867.8
Retained earnings 15,271.3 14,728.2
Treasury stock - at cost: 199.9 and 193.7 shares at June 30, 2018 and June 30, 2017, respectively (12,209.6) (11,303.7)
Accumulated other comprehensive loss (680.8) (379.2)
Total stockholders’ equity 3,459.6 3,977.0
Total liabilities and stockholders’ equity $ 37,088.7 $ 37,180.0
[1] See Note 1 for a summary of adjustments.