10-Q Filing

AUTOMATIC DATA PROCESSING INC CIK: 8670 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0000008670-19-000005`
Period End Date	20181231
Filing Date	20190131
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	adp-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 101 Income Statement 84 Cash Flow Statement 82 Comprehensive Income 40

Balance Sheet 101 line items

Line Item	Tag	Value	Unit	Period
Commercial Paper	`CommercialPaper`	-	USD	Point-in-time
Commercial Paper	`CommercialPaper`	$1.21B	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$51.20M	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$51.30M	USD	Point-in-time
Cash and cash equivalents (A)	`CashAndCashEquivalentsAtCarryingValue`	$2.79B	USD	Point-in-time
Cash and cash equivalents (A)	`CashAndCashEquivalentsAtCarryingValue`	$2.17B	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Long-term	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$500.00K	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Long-term	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$500.00K	USD	Point-in-time
Cash and cash equivalents (A)	`CashAndCashEquivalentsAtCarryingValue`	$1.77B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $51.2 and $51.3, respectively	`AccountsReceivableNetCurrent`	$1.98B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $51.2 and $51.3, respectively	`AccountsReceivableNetCurrent`	$2.64B	USD	Point-in-time
Preferred stock, par value (in US$ per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in US$ per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$531.30M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$653.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	300,000.00	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	300,000.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$6.08B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$4.69B	USD	Point-in-time
Funds held for clients	`FundsHeldClients`	$27.14B	USD	Point-in-time
Common stock, par value (in US$ per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Funds held for clients	`FundsHeldClients`	$25.61B	USD	Point-in-time
Common stock, par value (in US$ per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Total current assets	`AssetsCurrent`	$31.82B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Total current assets	`AssetsCurrent`	$31.68B	USD	Point-in-time
Long-term receivables, net of allowance for doubtful accounts of $0.5 and $0.5, respectively	`AccountsReceivableNetNoncurrent`	$25.20M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	638.70M	shares	Point-in-time
Long-term receivables, net of allowance for doubtful accounts of $0.5 and $0.5, respectively	`AccountsReceivableNetNoncurrent`	$25.50M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	638.70M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	438.80M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$772.70M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	436.20M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$793.70M	USD	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	199.90M	shares	Point-in-time
Deferred contract costs	`CapitalizedContractCostNet`	$2.38B	USD	Point-in-time
Deferred contract costs	`CapitalizedContractCostNet`	$2.34B	USD	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	202.50M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$699.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$739.70M	USD	Point-in-time
Goodwill	`Goodwill`	$2.32B	USD	Point-in-time
Goodwill	`Goodwill`	$2.24B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$886.40M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$926.70M	USD	Point-in-time
Total assets	`Assets`	$38.85B	USD	Point-in-time
Total assets	`Assets`	$38.81B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$135.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$151.30M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.06B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.55B	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$667.70M	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$445.10M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$298.90M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$341.00M	USD	Point-in-time
Short-term deferred revenues	`DeferredRevenueAndCreditsCurrent`	$225.70M	USD	Point-in-time
Short-term deferred revenues	`DeferredRevenueAndCreditsCurrent`	$224.00M	USD	Point-in-time
Commercial Paper	`CommercialPaper`	-	USD	Point-in-time
Commercial Paper	`CommercialPaper`	$1.21B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$43.90M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$29.40M	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$2.92B	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$4.45B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$25.84B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$27.49B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$30.41B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$30.30B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.00B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.00B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$752.50M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$728.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$580.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$522.00M	USD	Point-in-time
Long-term deferred revenues	`DeferredRevenueNoncurrent`	$410.20M	USD	Point-in-time
Long-term deferred revenues	`DeferredRevenueNoncurrent`	$448.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$34.11B	USD	Point-in-time
Total liabilities	`Liabilities`	$34.04B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $1.00 par value: authorized, 0.3 shares; issued, none	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $1.00 par value: authorized, 0.3 shares; issued, none	`PreferredStockValue`	-	USD	Point-in-time
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	`CommonStockValue`	$63.90M	USD	Point-in-time
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	`CommonStockValue`	$63.90M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.01B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.08B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.96B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.55B	USD	Point-in-time
Treasury stock - at cost: 202.5 and 199.9 shares at December 31, 2018 and June 30, 2018, respectively	`TreasuryStockValue`	$12.21B	USD	Point-in-time
Treasury stock - at cost: 202.5 and 199.9 shares at December 31, 2018 and June 30, 2018, respectively	`TreasuryStockValue`	$12.72B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-383.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-428.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-679.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-740.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-338.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-615.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.74B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.76B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$38.81B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$38.85B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$10.63B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$19.37B	USD	2 Qtrs
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$21.38B	USD	2 Qtrs
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$11.75B	USD	1 Quarter
Revenues, other than interest on funds held for clients and PEO revenues	`SalesRevenueNet`	$4.54B	USD	2 Qtrs
Revenues, other than interest on funds held for clients and PEO revenues	`SalesRevenueNet`	$4.27B	USD	2 Qtrs
Revenues, other than interest on funds held for clients and PEO revenues	`SalesRevenueNet`	$2.32B	USD	1 Quarter
Revenues, other than interest on funds held for clients and PEO revenues	`SalesRevenueNet`	$2.19B	USD	1 Quarter
Interest on funds held for clients	`InterestOnFundsHeldClients`	$247.60M	USD	2 Qtrs
Interest on funds held for clients	`InterestOnFundsHeldClients`	$106.70M	USD	1 Quarter
Interest on funds held for clients	`InterestOnFundsHeldClients`	$206.10M	USD	2 Qtrs
Interest on funds held for clients	`InterestOnFundsHeldClients`	$129.10M	USD	1 Quarter
PEO revenues (A)	`PEORevenues`	$2.04B	USD	2 Qtrs
PEO revenues (A)	`PEORevenues`	$1.06B	USD	1 Quarter
PEO revenues (A)	`PEORevenues`	$941.30M	USD	1 Quarter
PEO revenues (A)	`PEORevenues`	$1.84B	USD	2 Qtrs
TOTAL REVENUES	`Revenues`	$6.32B	USD	2 Qtrs
TOTAL REVENUES	`Revenues`	$3.24B	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$6.83B	USD	2 Qtrs
TOTAL REVENUES	`Revenues`	$3.51B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$3.34B	USD	2 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$3.50B	USD	2 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$1.79B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$1.71B	USD	1 Quarter
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$314.10M	USD	2 Qtrs
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$317.60M	USD	2 Qtrs
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$159.40M	USD	1 Quarter
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$156.10M	USD	1 Quarter
Depreciation and amortization	`CostOfServicesDepreciationAndAmortization`	$131.90M	USD	2 Qtrs
Depreciation and amortization	`CostOfServicesDepreciationAndAmortization`	$144.30M	USD	2 Qtrs
Depreciation and amortization	`CostOfServicesDepreciationAndAmortization`	$69.30M	USD	1 Quarter
Depreciation and amortization	`CostOfServicesDepreciationAndAmortization`	$71.70M	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfServices`	$1.94B	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfServices`	$2.01B	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfServices`	$3.79B	USD	2 Qtrs
TOTAL COSTS OF REVENUES	`CostOfServices`	$3.95B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$723.60M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.40B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$745.20M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.46B	USD	2 Qtrs
Interest expense	`InterestExpense`	$55.50M	USD	2 Qtrs
Interest expense	`InterestExpense`	$74.50M	USD	2 Qtrs
Interest expense	`InterestExpense`	$38.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$27.50M	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$2.80B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$5.24B	USD	2 Qtrs
TOTAL EXPENSES	`CostsAndExpenses`	$2.69B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$5.49B	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$46.50M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$80.80M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$32.60M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$38.20M	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$587.50M	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.39B	USD	2 Qtrs
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.15B	USD	2 Qtrs
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$741.00M	USD	1 Quarter
Provision / (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$182.80M	USD	1 Quarter
Provision / (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$324.20M	USD	2 Qtrs
Provision / (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$69.40M	USD	2 Qtrs
Provision / (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-82.90M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$1.06B	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$1.08B	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$558.20M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$670.40M	USD	1 Quarter
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$2.45	USD	2 Qtrs
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$1.28	USD	1 Quarter
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$1.52	USD	1 Quarter
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$2.44	USD	2 Qtrs
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$2.42	USD	2 Qtrs
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$1.27	USD	1 Quarter
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$2.44	USD	2 Qtrs
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$1.51	USD	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	441.30M	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	435.70M	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	436.20M	shares	2 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	441.80M	shares	2 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	438.90M	shares	2 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	443.70M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	444.40M	shares	2 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	438.00M	shares	1 Quarter
Direct Pass Through Costs P E O Revenues	`DirectPassThroughCostsPEORevenues`	$10.63B	USD	1 Quarter
Direct Pass Through Costs P E O Revenues	`DirectPassThroughCostsPEORevenues`	$19.37B	USD	2 Qtrs
Direct Pass Through Costs P E O Revenues	`DirectPassThroughCostsPEORevenues`	$21.38B	USD	2 Qtrs
Direct Pass Through Costs P E O Revenues	`DirectPassThroughCostsPEORevenues`	$11.75B	USD	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
NET EARNINGS	`NetIncomeLoss`	$1.06B	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$1.08B	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$558.20M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$670.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$196.50M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$182.00M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$217.70M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$412.30M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$434.60M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$207.60M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$-162.80M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$33.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$77.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$77.70M	USD	2 Qtrs
Net pension expense	`PensionExpense`	$5.50M	USD	2 Qtrs
Net pension expense	`PensionExpense`	$31.50M	USD	2 Qtrs
Net amortization of premiums and accretion of discounts on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-37.90M	USD	2 Qtrs
Net amortization of premiums and accretion of discounts on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-27.40M	USD	2 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	2 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsFinitelived`	$12.10M	USD	2 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	1 Quarter
Other	`OtherNoncashExpense`	$14.00M	USD	2 Qtrs
Other	`OtherNoncashExpense`	$14.80M	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$670.00M	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$337.10M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$594.40M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$667.60M	USD	2 Qtrs
Increase / (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$19.00M	USD	2 Qtrs
Increase / (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-2.70M	USD	2 Qtrs
Increase in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$32.10M	USD	2 Qtrs
Increase in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$287.20M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$675.10M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$931.50M	USD	2 Qtrs
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$2.45B	USD	2 Qtrs
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.30B	USD	2 Qtrs
Proceeds from the sales and maturities of corporate and client funds marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$1.87B	USD	2 Qtrs
Proceeds from the sales and maturities of corporate and client funds marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$1.16B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$118.30M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$80.00M	USD	2 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$139.30M	USD	2 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$132.40M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$120.40M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$487.40M	USD	2 Qtrs
Proceeds from the sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.90M	USD	2 Qtrs
Proceeds from the sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-469.20M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.33B	USD	2 Qtrs
Net (decrease) / increase in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$7.21B	USD	2 Qtrs
Net (decrease) / increase in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$-1.57B	USD	2 Qtrs
Payments of debt	`RepaymentsOfLongTermDebt`	$1.10M	USD	2 Qtrs
Payments of debt	`RepaymentsOfLongTermDebt`	$6.30M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$526.60M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$408.30M	USD	2 Qtrs
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$5.50M	USD	2 Qtrs
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$-5.50M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$506.70M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$605.00M	USD	2 Qtrs
Net proceeds from commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$1.21B	USD	2 Qtrs
Net proceeds from commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	-	USD	2 Qtrs
Net cash flows (used in) / provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.28B	USD	2 Qtrs
Net cash flows (used in) / provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.49B	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-32.10M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.10M	USD	2 Qtrs
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.06B	USD	2 Qtrs
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.68B	USD	2 Qtrs
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.54B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.18B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.48B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.86B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.54B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.18B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.48B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.86B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.54B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.18B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.48B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.86B	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$54.30M	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$73.30M	USD	2 Qtrs
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$389.20M	USD	2 Qtrs
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$280.30M	USD	2 Qtrs

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$1.06B	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$1.08B	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$558.20M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$670.40M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.20M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-47.60M	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-24.70M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$55.00M	USD	2 Qtrs
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-160.20M	USD	2 Qtrs
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-147.30M	USD	1 Quarter
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$118.00M	USD	2 Qtrs
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$168.30M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$26.60M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-53.10M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-56.60M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$38.80M	USD	1 Quarter
Reclassification of net losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-1.40M	USD	2 Qtrs
Reclassification of net losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-1.00M	USD	1 Quarter
Reclassification of net losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-1.10M	USD	2 Qtrs
Reclassification of net losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-500.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-400.00K	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-400.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-300.00K	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-100.00K	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$26.20M	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$4.60M	USD	2 Qtrs
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$26.30M	USD	2 Qtrs
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$2.30M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$800.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$6.40M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$1.70M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$6.30M	USD	1 Quarter
Other comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$64.80M	USD	2 Qtrs
Other comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-89.90M	USD	1 Quarter
Other comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$125.10M	USD	1 Quarter
Other comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-45.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.13B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$683.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.04B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$580.50M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.