10-Q Filing

AUTOMATIC DATA PROCESSING INC CIK: 8670 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0000008670-19-000027`
Period End Date	20190930
Filing Date	20191104
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	q1fy2010q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 114 Income Statement 49 Cash Flow Statement 87 Comprehensive Income 21

Balance Sheet 114 line items

Line Item	Tag	Value	Unit	Period
Commercial Paper	`CommercialPaper`	$3.54B	USD	Point-in-time
Commercial Paper	`CommercialPaper`	-	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$54.90M	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$59.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.95B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.40B	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Long-term	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$600.00K	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Long-term	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$400.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.49B	USD	Point-in-time
Preferred stock, par value (in US$ per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in US$ per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Short-term marketable securities (B)	`MarketableSecuritiesCurrent`	$3.55B	USD	Point-in-time
Short-term marketable securities (B)	`MarketableSecuritiesCurrent`	$10.50M	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
Accounts receivable, net of allowance for doubtful accounts of $59.3 and $54.9, respectively	`AccountsReceivableNetCurrent`	$2.44B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $59.3 and $54.9, respectively	`AccountsReceivableNetCurrent`	$2.49B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$675.90M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$509.10M	USD	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$8.12B	USD	Point-in-time
Common stock, par value (in US$ per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in US$ per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$4.91B	USD	Point-in-time
Funds held for clients	`FundsHeldClients`	$29.43B	USD	Point-in-time
Funds held for clients	`FundsHeldClients`	$21.39B	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`	$34.34B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	638.70M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	638.70M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$29.51B	USD	Point-in-time
Long-term receivables, net of allowance for doubtful accounts of $0.6 and $0.4, respectively	`AccountsReceivableNetNoncurrent`	$22.10M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	433.40M	shares	Point-in-time
Long-term receivables, net of allowance for doubtful accounts of $0.6 and $0.4, respectively	`AccountsReceivableNetNoncurrent`	$23.80M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	434.20M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$767.10M	USD	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	205.30M	shares	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	204.50M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$764.20M	USD	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	$504.00M	USD	Point-in-time
Deferred contract costs	`CapitalizedContractCostNet`	$2.43B	USD	Point-in-time
Deferred contract costs	`CapitalizedContractCostNet`	$2.40B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$934.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.13B	USD	Point-in-time
Goodwill	`Goodwill`	$2.30B	USD	Point-in-time
Goodwill	`Goodwill`	$2.32B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.08B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.07B	USD	Point-in-time
Total assets	`Assets`	$41.89B	USD	Point-in-time
Total assets	`Assets`	$37.71B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$125.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$108.80M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.76B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.99B	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$721.10M	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$443.60M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$339.10M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$340.10M	USD	Point-in-time
Short-term deferred revenues	`DeferredRevenueAndCreditsCurrent`	$213.10M	USD	Point-in-time
Short-term deferred revenues	`DeferredRevenueAndCreditsCurrent`	$220.70M	USD	Point-in-time
Obligations under reverse repurchase agreements (A)	`ObligationsUnderReverseRepurchaseAgreements`	$428.60M	USD	Point-in-time
Obligations under reverse repurchase agreements (A)	`ObligationsUnderReverseRepurchaseAgreements`	$262.00M	USD	Point-in-time
Obligations under reverse repurchase agreements (A)	`CommercialPaper`	$3.54B	USD	Point-in-time
Obligations under reverse repurchase agreements (A)	`CommercialPaper`	-	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	-	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$1.00B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$123.70M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$54.80M	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$3.48B	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$8.19B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$21.01B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$29.14B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.20B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$32.63B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.00B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.00B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$355.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$798.70M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$707.90M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$659.90M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$708.20M	USD	Point-in-time
Long-term deferred revenues	`DeferredRevenueNoncurrent`	$378.20M	USD	Point-in-time
Long-term deferred revenues	`DeferredRevenueNoncurrent`	$399.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$36.49B	USD	Point-in-time
Total liabilities	`Liabilities`	$32.35B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`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 September 30, 2019 and June 30, 2019; outstanding, 433.4 and 434.2 shares at September 30, 2019 and June 30, 2019, respectively	`CommonStockValue`	$63.90M	USD	Point-in-time
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	`CommonStockValue`	$63.90M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.21B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.18B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.73B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.50B	USD	Point-in-time
Treasury stock - at cost: 205.3 and 204.5 shares at September 30, 2019 and June 30, 2019, respectively	`TreasuryStockValue`	$13.09B	USD	Point-in-time
Treasury stock - at cost: 205.3 and 204.5 shares at September 30, 2019 and June 30, 2019, respectively	`TreasuryStockValue`	$13.41B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-740.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-233.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-679.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-257.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.40B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.36B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$37.71B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$41.89B	USD	Point-in-time
Long-term Marketable Securities Under Reverse Repurchase Agreements	`LongtermMarketableSecuritiesUnderReverseRepurchaseAgreements`	$428.00M	USD	Point-in-time
Long-term Marketable Securities Under Reverse Repurchase Agreements	`LongtermMarketableSecuritiesUnderReverseRepurchaseAgreements`	$261.40M	USD	Point-in-time
Cash And Cash Equivalents Under Reverse Repurchase Agreements	`CashAndCashEquivalentsUnderReverseRepurchaseAgreements`	$600.00K	USD	Point-in-time
Cash And Cash Equivalents Under Reverse Repurchase Agreements	`CashAndCashEquivalentsUnderReverseRepurchaseAgreements`	$600.00K	USD	Point-in-time
Short-term Marketable Securities under Commercial Paper borrowings	`ShorttermMarketableSecuritiesresultingfromCommercialPaperborrowings`	$3.54B	USD	Point-in-time

Income Statement 49 line items

Line Item	Tag	Value	Unit	Period
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$10.51B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$9.63B	USD	1 Quarter
Interest on funds held for clients	`InterestOnFundsHeldClients`	$118.50M	USD	1 Quarter
Interest on funds held for clients	`InterestOnFundsHeldClients`	$133.90M	USD	1 Quarter
PEO revenues (A)	`PEORevenues`	$1.06B	USD	1 Quarter
PEO revenues (A)	`PEORevenues`	$973.20M	USD	1 Quarter
PEO revenues (A)	`PEORevenues`	$4.17B	USD	Annual
TOTAL REVENUES	`Revenues`	$3.31B	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$3.50B	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$14.11B	USD	Annual
Revenues, Net	`RevenuesNet`	$2.31B	USD	1 Quarter
Revenues, Net	`RevenuesNet`	$2.22B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$7.08B	USD	Annual
Operating expenses	`OperatingCostsAndExpenses`	$1.79B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$1.70B	USD	1 Quarter
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$168.20M	USD	1 Quarter
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$158.00M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$88.90M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$72.60M	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$2.04B	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$1.93B	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$726.50M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$713.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$35.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$39.90M	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$2.68B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$11.22B	USD	Annual
TOTAL EXPENSES	`CostsAndExpenses`	$2.81B	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$54.60M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$13.90M	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$739.10M	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$646.80M	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.01B	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$141.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$712.80M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$156.70M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$505.40M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$582.40M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$2.29B	USD	Annual
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$1.35	USD	1 Quarter
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$1.16	USD	1 Quarter
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$1.34	USD	1 Quarter
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$1.15	USD	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	436.80M	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	432.70M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	435.40M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	439.90M	shares	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$10.51B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$9.63B	USD	1 Quarter

Cash Flow Statement 87 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$505.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$582.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$2.29B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$117.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$99.00M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$216.90M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$227.30M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$44.40M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$26.40M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$37.10M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$38.40M	USD	1 Quarter
Net pension expense	`PensionExpense`	$-2.70M	USD	1 Quarter
Net pension expense	`PensionExpense`	$17.10M	USD	1 Quarter
Net amortization of premiums and accretion of discounts on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-12.20M	USD	1 Quarter
Net amortization of premiums and accretion of discounts on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-14.30M	USD	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsFinitelived`	$12.10M	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfProperties`	$1.90M	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Other	`OtherNoncashExpense`	$10.10M	USD	1 Quarter
Other	`OtherNoncashExpense`	$11.90M	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$96.80M	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$239.20M	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$391.70M	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$471.20M	USD	1 Quarter
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-15.10M	USD	1 Quarter
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-2.30M	USD	1 Quarter
Decrease in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-91.60M	USD	1 Quarter
Decrease in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-77.80M	USD	1 Quarter
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$149.20M	USD	1 Quarter
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$432.80M	USD	1 Quarter
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.41B	USD	1 Quarter
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$755.80M	USD	1 Quarter
Proceeds from the sales and maturities of corporate and client funds marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$1.65B	USD	1 Quarter
Proceeds from the sales and maturities of corporate and client funds marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$539.80M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$43.20M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$56.80M	USD	1 Quarter
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$88.20M	USD	1 Quarter
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$73.80M	USD	1 Quarter
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$119.70M	USD	1 Quarter
Proceeds from the sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$23.40M	USD	1 Quarter
Proceeds from the sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Net cash flows provided by / (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-452.70M	USD	1 Quarter
Net cash flows provided by / (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$122.20M	USD	1 Quarter
Net decrease in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$-1.71B	USD	1 Quarter
Net decrease in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$-8.06B	USD	1 Quarter
Payments of debt	`RepaymentsOfLongTermDebt`	$500.00K	USD	1 Quarter
Payments of debt	`RepaymentsOfLongTermDebt`	$500.00K	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$227.10M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$309.70M	USD	1 Quarter
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$-24.40M	USD	1 Quarter
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$-32.10M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$302.60M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$343.30M	USD	1 Quarter
Net (repayments of)/proceeds from reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	$166.30M	USD	1 Quarter
Net (repayments of)/proceeds from reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	$448.40M	USD	1 Quarter
Net proceeds from commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	-	USD	1 Quarter
Net proceeds from commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$3.54B	USD	1 Quarter
Net cash flows (used in) / provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.82B	USD	1 Quarter
Net cash flows (used in) / provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.05B	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-33.10M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.60M	USD	1 Quarter
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.13B	USD	1 Quarter
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.52B	USD	1 Quarter
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.41B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.27B	USD	Point-in-time
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`	$6.80B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.41B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.27B	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`	$6.80B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.95B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.40B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.49B	USD	Point-in-time
Restricted cash and cash equivalents held to satisfy client funds obligations	`RestrictedCashAndCashEquivalents`	$4.85B	USD	Point-in-time
Restricted cash and cash equivalents held to satisfy client funds obligations	`RestrictedCashAndCashEquivalents`	$868.30M	USD	Point-in-time
Restricted cash and cash equivalents held to satisfy client funds obligations	`RestrictedCashAndCashEquivalents`	$2.92B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.41B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.27B	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`	$6.80B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$53.60M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$49.40M	USD	1 Quarter
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$45.60M	USD	1 Quarter
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$39.30M	USD	1 Quarter

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$505.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$582.40M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$2.29B	USD	Annual
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-48.90M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-22.90M	USD	1 Quarter
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-50.40M	USD	1 Quarter
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$96.10M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-12.30M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$20.80M	USD	1 Quarter
Reclassification of net (gain)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-900.00K	USD	1 Quarter
Reclassification of net (gain)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$2.30M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-200.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$500.00K	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$200.00K	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$-1.70M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$-500.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$200.00K	USD	1 Quarter
Other comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-60.30M	USD	1 Quarter
Other comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$23.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$445.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$605.80M	USD	1 Quarter

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