XML 50 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2021
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 2,575.2 $ 1,908.5
Accounts receivable, net of allowance for doubtful accounts of $79.6 and $92.5, respectively 2,727.4 2,441.3
Other current assets 533.4 506.2
Total current assets before funds held for clients 5,836.0 4,856.0
Funds held for clients 34,905.8 26,708.1
Total current assets 40,741.8 31,564.1
Long-term receivables, net of allowance for doubtful accounts of $0.3 and $0.5, respectively 11.5 18.6
Property, plant and equipment, net 684.5 703.9
Operating lease right-of-use asset 462.2 493.7
Deferred contract costs 2,498.2 2,401.6
Other assets 825.8 458.4
Goodwill 2,338.4 2,309.4
Intangible assets, net 1,210.1 1,215.8
Total assets 48,772.5 39,165.5
Current liabilities:    
Accounts payable 141.1 102.0
Accrued expenses and other current liabilities 1,963.3 1,980.7
Accrued payroll and payroll-related expenses 910.2 557.0
Dividends payable 390.8 387.3
Short-term deferred revenues 203.9 212.5
Obligations under reverse repurchase agreements [1] 23.5 13.6
Short-term debt 0.0 1,001.8
Income taxes payable 58.2 40.1
Total current liabilities before client funds obligations 3,691.0 4,295.0
Client funds obligations 34,403.8 25,831.6
Total current liabilities 38,094.8 30,126.6
Long-term debt 2,985.0 1,002.8
Operating lease liabilities 343.2 344.4
Other liabilities 834.1 837.0
Deferred income taxes 482.9 731.9
Long-term deferred revenues 362.4 370.6
Total liabilities 43,102.4 33,413.3
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, 2021 and June 30, 2020; outstanding, 423.7 and 429.9 shares at June 30, 2021 and June 30, 2020, respectively 63.9 63.9
Capital in excess of par value 1,531.3 1,333.8
Retained earnings 19,451.1 18,436.3
Treasury stock - at cost: 215.0 and 208.9 shares at June 30, 2021 and June 30, 2020, respectively (15,386.8) (14,067.0)
Accumulated other comprehensive income (loss) 10.6 (14.8)
Total stockholders’ equity 5,670.1 5,752.2
Total liabilities and stockholders’ equity $ 48,772.5 $ 39,165.5
[1] (A) As of June 30, 2021, $23.5 million of long-term marketable securities have been pledged as collateral under the Company's reverse repurchase agreements. As of June 30, 2020, $13.6 million of long-term marketable securities have been pledged as collateral under the Company's reverse repurchase agreements (see Note 8).