Revenue (Tables)

3 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following tables provide details of revenue by our strategic pillars, and include a reconciliation to the Company’s reportable segments:

	Three Months Ended
	September 30,
Types of Revenues	2023		2022
HCM	$	1,914.4	$	1,811.0
HRO, excluding PEO zero-margin benefits pass-throughs	811.7		777.3
PEO zero-margin benefits pass-throughs	976.7		945.8
Global	607.9		540.5
Interest on funds held for clients	201.7		141.0
Total Revenues	$	4,512.4	$	4,215.6

Reconciliation of disaggregated revenue to our reportable segments for the three months ended September 30, 2023:

Types of Revenues	Employer Services		PEO		Other		Total
HCM	$	1,916.7	$	—	$	(2.3)	$	1,914.4
HRO, excluding PEO zero-margin benefits pass-throughs	322.0		491.0		(1.3)		811.7
PEO zero-margin benefits pass-throughs	—		976.7		—		976.7
Global	607.9		—		—		607.9
Interest on funds held for clients	199.8		1.9		—		201.7
Total Segment Revenues	$	3,046.4	$	1,469.6	$	(3.6)	$	4,512.4

Reconciliation of disaggregated revenue to our reportable segments for the three months ended September 30, 2022:

Types of Revenues	Employer Services		PEO		Other		Total
HCM	$	1,813.2	$	—	$	(2.2)	$	1,811.0
HRO, excluding PEO zero-margin benefits pass-throughs	296.8		482.3		(1.8)		777.3
PEO zero-margin benefits pass-throughs	—		945.8		—		945.8
Global	540.5		—		—		540.5
Interest on funds held for clients	139.7		1.3		—		141.0
Total Segment Revenues	$	2,790.2	$	1,429.4	$	(4.0)	$	4,215.6

Contract with Customer, Liability

Changes in deferred revenues related to set up fees for the three months ended September 30, 2023 were as follows:

Contract Liability
Contract liability, July 1, 2023	$	464.8
Recognition of revenue included in beginning of year contract liability	(35.7)
Contract liability, net of revenue recognized on contracts during the period	31.1
Currency translation adjustments	12.0
Contract liability, September 30, 2023	$	472.2