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Corporate Investments and Funds Held For Clients (Tables)
 9 Months Ended
Mar. 31, 2020
Corporate Investments And Funds Held For Clients [Abstract]  
Available-for-sale Securities
Corporate investments and funds held for clients at March 31, 2020 and June 30, 2019 were as follows:
 March 31, 2020
Amortized
Cost		Gross
Unrealized
 Gains		Gross
Unrealized
Losses		 Fair Market Value (A)
Type of issue:   
Money market securities, cash and other cash equivalents$8,519.0  $—  $—  $8,519.0  
Available-for-sale securities:
Corporate bonds10,802.4  226.4  (33.0) 10,995.8  
Asset-backed securities4,056.7  27.4  (42.1) 4,042.0  
U.S. Treasury securities3,585.9  129.4  —  3,715.3  
U.S. government agency securities1,491.4  61.0  —  1,552.4  
Canadian government obligations and Canadian government agency obligations
1,007.0  16.2  (0.3) 1,022.9  
Canadian provincial bonds731.4  24.4  —  755.8  
Municipal bonds581.4  17.0  (0.5) 597.9  
Other securities1,291.9  50.7  (1.1) 1,341.5  
Total available-for-sale securities23,548.1  552.5  (77.0) 24,023.6  
Total corporate investments and funds held for clients$32,067.1  $552.5  $(77.0) $32,542.6  
(A) Included within available-for-sale securities are corporate investments with fair values of $3.2 million and funds held for clients with fair values of $24,020.4 million. All available-for-sale securities were included in Level 2 of the fair value hierarchy.
 June 30, 2019
Amortized 
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair Market Value (B)
Type of issue:    
Money market securities, cash and other cash equivalents$6,796.2  $—  $—  $6,796.2  
Available-for-sale securities: 
Corporate bonds10,691.8  182.8  (6.7) 10,867.9  
Asset-backed securities4,658.3  37.8  (5.4) 4,690.7  
U.S. Treasury securities2,933.0  23.8  (8.0) 2,948.8  
U.S. government agency securities2,612.0  17.7  (5.8) 2,623.9  
Canadian government obligations and Canadian government agency obligations
1,164.1  7.0  (6.0) 1,165.1  
Canadian provincial bonds800.2  14.5  (0.5) 814.2  
Municipal bonds596.1  16.4  (0.1) 612.4  
Other securities1,116.1  20.6  (0.6) 1,136.1  
Total available-for-sale securities24,571.6  320.6  (33.1) 24,859.1  
Total corporate investments and funds held for clients$31,367.8  $320.6  $(33.1) $31,655.3  
(B) Included within available-for-sale securities are corporate investments with fair values of $271.9 million and funds held for clients with fair values of $24,587.2 million. All available-for-sale securities were included in Level 2 of the fair value hierarchy.
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value
The unrealized losses and fair values of available-for-sale securities that have been in an unrealized loss position for a period of less than and greater than 12 months as of March 31, 2020, are as follows: 
March 31, 2020
Securities in Unrealized Loss Position Less Than 12 MonthsSecurities in Unrealized Loss Position Greater Than 12 MonthsTotal
Gross
Unrealized
Losses		Fair Market
Value		Gross
Unrealized
Losses		Fair Market
Value 		Gross
Unrealized
Losses		Fair
Market Value
Corporate bonds$(32.9) $2,811.0  $(0.1) $12.0  $(33.0) $2,823.0  
Asset-backed securities(41.2) 1,954.6  (0.9) 281.6  (42.1) 2,236.2  
U.S. Treasury securities—  2.5  —  —  —  2.5  
U.S. government agency securities—  —  —  —  —  —  
Canadian government obligations and Canadian government agency obligations
(0.3) 24.6  —  —  (0.3) 24.6  
Canadian provincial bonds—  7.7  —  —  —  7.7  
Municipal bonds(0.5) 44.1  —  —  (0.5) 44.1  
Other securities(1.1) 89.1  —  3.2  (1.1) 92.3  
 $(76.0) $4,933.6  $(1.0) $296.8  $(77.0) $5,230.4  

The unrealized losses and fair values of available-for-sale securities that have been in an unrealized loss position for a period of less than and greater than 12 months as of June 30, 2019, are as follows:

June 30, 2019
Securities in Unrealized Loss Position Less Than 12 MonthsSecurities in Unrealized Loss Position Greater Than 12 MonthsTotal
Gross
Unrealized
Losses		Fair Market
Value		Gross
Unrealized
Losses		Fair Market
Value 		Gross
Unrealized
Losses		Fair
Market Value
Corporate bonds$(0.6) $151.9  $(6.1) $2,055.6  $(6.7) $2,207.5  
Asset-backed securities(0.2) 171.9  (5.2) 2,083.5  (5.4) 2,255.4  
U.S. Treasury securities—  1.8  (8.0) 1,159.4  (8.0) 1,161.2  
U.S. government agency securities—  —  (5.8) 1,671.4  (5.8) 1,671.4  
Canadian government obligations and Canadian government agency obligations
(6.0) 662.7  —  1.1  (6.0) 663.8  
Canadian provincial bonds(0.3) 81.5  (0.2) 50.1  (0.5) 131.6  
Municipal bonds—  1.5  (0.1) 23.3  (0.1) 24.8  
Other securities(0.1) 36.4  (0.5) 148.1  (0.6) 184.5  
 $(7.2) $1,107.7  $(25.9) $7,192.5  $(33.1) $8,300.2  
Classification Of Corporate Investments On The Consolidated Balance Sheets
Classification of corporate investments on the Consolidated Balance Sheets is as follows:
March 31,June 30,
20202019
Corporate investments:  
Cash and cash equivalents$1,705.0  $1,949.2  
Short-term marketable securities3.2  10.5  
Long-term marketable securities (a)—  261.4  
Total corporate investments$1,708.2  $2,221.1  
 
(a) - Long-term marketable securities are included within Other assets on the Consolidated Balance Sheets.
Schedule Of Investment Of Funds Held For Clients
Funds held for clients have been invested in the following categories:
March 31,June 30,
20202019
Funds held for clients:  
Restricted cash and cash equivalents held to satisfy client funds obligations$6,814.0  $4,847.0  
Restricted short-term marketable securities held to satisfy client funds obligations5,799.0  5,013.9  
Restricted long-term marketable securities held to satisfy client funds obligations18,221.4  19,573.3  
Total funds held for clients$30,834.4  $29,434.2  
Expected Maturities Of Available-For-Sale Securities
Expected maturities of available-for-sale securities at March 31, 2020 are as follows:
One year or less$5,802.2  
One year to two years4,387.0  
Two years to three years4,904.9  
Three years to four years3,369.3  
After four years5,560.2  
Total available-for-sale securities$24,023.6