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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Jun. 30, 2018
Current assets:    
Cash and cash equivalents (A) $ 2,785,600,000 $ 2,170,000,000
Accounts receivable, net of allowance for doubtful accounts of $51.2 and $51.3, respectively 2,638,100,000 1,984,200,000
Other current assets 653,000,000 531,300,000
Total current assets before funds held for clients 6,076,700,000 4,685,500,000
Funds held for clients 25,605,900,000 27,137,800,000
Total current assets 31,682,600,000 31,823,300,000
Long-term receivables, net of allowance for doubtful accounts of $0.5 and $0.5, respectively 25,200,000 25,500,000
Property, plant and equipment, net 772,700,000 793,700,000
Deferred contract costs 2,338,000,000 [1] 2,377,400,000
Other assets 739,700,000 699,300,000
Goodwill 2,321,400,000 2,243,500,000
Intangible assets, net 926,700,000 886,400,000
Total assets 38,806,300,000 38,849,100,000
Current liabilities:    
Accounts payable 151,300,000 135,400,000
Accrued expenses and other current liabilities 2,057,800,000 1,547,600,000
Accrued payroll and payroll-related expenses 445,100,000 667,700,000
Dividends payable 341,000,000 298,900,000
Short-term deferred revenues 224,000,000 225,700,000
Commercial Paper 1,206,000,000 [2] 0
Income taxes payable 29,400,000 43,900,000
Total current liabilities before client funds obligations 4,454,600,000 2,919,200,000
Client funds obligations 25,842,300,000 27,493,500,000
Total current liabilities 30,296,900,000 30,412,700,000
Long-term debt 2,002,300,000 2,002,400,000
Other liabilities 752,500,000 728,000,000
Deferred income taxes 580,500,000 522,000,000
Long-term deferred revenues 410,200,000 448,100,000
Total liabilities 34,042,400,000 34,113,200,000
Commitments and contingencies (Note 14)
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 December 31, 2018 and June 30, 2018; outstanding, 436.2 and 438.8 shares at December 31, 2018 and June 30, 2018, respectively 63,900,000 63,900,000
Capital in excess of par value 1,076,100,000 1,014,800,000
Retained earnings 16,959,100,000 16,546,600,000
Treasury stock - at cost: 202.5 and 199.9 shares at December 31, 2018 and June 30, 2018, respectively (12,720,200,000) (12,209,600,000)
Accumulated other comprehensive loss (615,000,000) (679,800,000)
Total stockholders’ equity 4,763,900,000 4,735,900,000
Total liabilities and stockholders’ equity $ 38,806,300,000 $ 38,849,100,000
[1] (1) The amount of total deferred costs amortized during the three and six months ended December 31, 2018 and December 31, 2017, were $217.7 million and $207.6 million, and $434.6 million and $412.3 million, respectively.
[2] As of December 31, 2018, $1,206.0 million of cash and cash equivalents are related to the Company's outstanding commercial paper borrowings (see Note 10).