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Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 1,403,900,000 $ 1,949,200,000
Short-term marketable securities (B) 3,545,100,000 [1] 10,500,000
Accounts receivable, net of allowance for doubtful accounts of $59.3 and $54.9, respectively 2,490,400,000 2,439,300,000
Other current assets 675,900,000 509,100,000
Total current assets before funds held for clients 8,115,300,000 4,908,100,000
Funds held for clients 21,393,200,000 29,434,200,000
Total current assets 29,508,500,000 34,342,300,000
Long-term receivables, net of allowance for doubtful accounts of $0.6 and $0.4, respectively 22,100,000 23,800,000
Property, plant and equipment, net 767,100,000 764,200,000
Operating Lease, Right-of-Use Asset 504,000,000.0 0
Deferred contract costs 2,401,400,000 2,428,500,000
Other assets 1,129,400,000 934,400,000
Goodwill 2,303,300,000 2,323,000,000.0
Intangible assets, net 1,078,900,000 1,071,500,000
Total assets 37,714,700,000 41,887,700,000
Current liabilities:    
Accounts payable 108,800,000 125,500,000
Accrued expenses and other current liabilities 1,994,600,000 1,759,000,000.0
Accrued payroll and payroll-related expenses 443,600,000 721,100,000
Dividends payable 339,100,000 340,100,000
Short-term deferred revenues 213,100,000 220,700,000
Obligations under reverse repurchase agreements (A) [2] 428,600,000 262,000,000.0
Obligations under reverse repurchase agreements (A) 3,536,700,000 [1] 0
Short-term debt 1,001,300,000 0
Income taxes payable 123,700,000 54,800,000
Total current liabilities before client funds obligations 8,189,500,000 3,483,200,000
Client funds obligations 21,011,400,000 29,144,500,000
Total current liabilities 29,200,900,000 32,627,700,000
Long-term debt 1,003,400,000 2,002,200,000
Operating lease liabilities 355,400,000 0
Other liabilities 707,900,000 798,700,000
Deferred income taxes 708,200,000 659,900,000
Long-term deferred revenues 378,200,000 399,300,000
Total liabilities 32,354,000,000.0 36,487,800,000
Commitments and contingencies (Note 13)
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 September 30, 2019 and June 30, 2019; outstanding, 433.4 and 434.2 shares at September 30, 2019 and June 30, 2019, respectively 63,900,000 63,900,000
Capital in excess of par value 1,213,700,000 1,183,200,000
Retained earnings 17,729,600,000 17,500,600,000
Treasury stock - at cost: 205.3 and 204.5 shares at September 30, 2019 and June 30, 2019, respectively (13,412,600,000) (13,090,500,000)
Accumulated other comprehensive loss (233,900,000) (257,300,000)
Total stockholders’ equity 5,360,700,000 5,399,900,000
Total liabilities and stockholders’ equity 37,714,700,000 41,887,700,000
Long-term Marketable Securities Under Reverse Repurchase Agreements 428,000,000.0 261,400,000
Cash And Cash Equivalents Under Reverse Repurchase Agreements 600,000 $ 600,000
Short-term Marketable Securities under Commercial Paper borrowings $ 3,535,500,000  
[1] (B) The Company reclassified $3,535.5 million of funds held for clients to short-term marketable securities as a result of proceeds from commercial paper borrowings as of September 30, 2019 which were utilized to pay our client obligations.
[2] (A) As of September 30, 2019, $428.0 million of long-term marketable securities and $0.6 million of cash and cash equivalents have been pledged as collateral under the Company's reverse repurchase agreements. As of June 30, 2019, $261.4 million of long-term marketable securities and $0.6 million of cash and cash equivalents have been pledged as collateral under the Company's reverse repurchase agreements. Refer to Note 9