10-Q Filing

AUTOMATIC DATA PROCESSING INC CIK: 8670 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0000008670-20-000007`
Period End Date	20191231
Filing Date	20200131
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	q2fy2010q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 109 Income Statement 84 Cash Flow Statement 84 Comprehensive Income 48

Balance Sheet 109 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts - trade receivables - Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$54.90M	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$53.10M	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Long-term	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$400.00K	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Long-term	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$500.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.79B	USD	Point-in-time
Preferred stock, par value (in US$ per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in US$ per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.50B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.95B	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
Short-term marketable securities	`MarketableSecuritiesCurrent`	$10.50M	USD	Point-in-time
Short-term marketable securities	`MarketableSecuritiesCurrent`	$7.20M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $53.1 and $54.9, respectively	`AccountsReceivableNetCurrent`	$2.44B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $53.1 and $54.9, respectively	`AccountsReceivableNetCurrent`	$2.59B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$660.90M	USD	Point-in-time
Common stock, par value (in US$ per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in US$ per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$509.10M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$4.76B	USD	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$4.91B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	638.70M	shares	Point-in-time
Funds held for clients	`FundsHeldClients`	$29.43B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	638.70M	shares	Point-in-time
Funds held for clients	`FundsHeldClients`	$36.61B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$34.34B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$41.37B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	431.80M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	434.20M	shares	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	204.50M	shares	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	206.90M	shares	Point-in-time
Long-term receivables, net of allowance for doubtful accounts of $0.5 and $0.4, respectively	`AccountsReceivableNetNoncurrent`	$21.60M	USD	Point-in-time
Long-term receivables, net of allowance for doubtful accounts of $0.5 and $0.4, respectively	`AccountsReceivableNetNoncurrent`	$23.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$764.20M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$761.30M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$500.20M	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`	$596.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$934.40M	USD	Point-in-time
Goodwill	`Goodwill`	$2.31B	USD	Point-in-time
Goodwill	`Goodwill`	$2.32B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.07B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.10B	USD	Point-in-time
Total assets	`Assets`	$49.06B	USD	Point-in-time
Total assets	`Assets`	$41.89B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$132.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$125.50M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.76B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.05B	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$721.10M	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$428.70M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$389.30M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$340.10M	USD	Point-in-time
Short-term deferred revenues	`DeferredRevenueAndCreditsCurrent`	$220.70M	USD	Point-in-time
Short-term deferred revenues	`DeferredRevenueAndCreditsCurrent`	$210.40M	USD	Point-in-time
Obligations under reverse repurchase agreements (A)	`ObligationsUnderReverseRepurchaseAgreements`	-	USD	Point-in-time
Obligations under reverse repurchase agreements (A)	`ObligationsUnderReverseRepurchaseAgreements`	$262.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$1.00B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$38.10M	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`	$4.25B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$29.14B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$36.27B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.52B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$32.63B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.00B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.00B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$360.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$726.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$798.70M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$659.90M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$702.40M	USD	Point-in-time
Long-term deferred revenues	`DeferredRevenueNoncurrent`	$399.30M	USD	Point-in-time
Long-term deferred revenues	`DeferredRevenueNoncurrent`	$381.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$36.49B	USD	Point-in-time
Total liabilities	`Liabilities`	$43.70B	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 December 31, 2019 and June 30, 2019; outstanding, 431.8 and 434.2 shares at December 31, 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 December 31, 2019 and June 30, 2019; outstanding, 431.8 and 434.2 shares at December 31, 2019 and June 30, 2019, respectively	`CommonStockValue`	$63.90M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.25B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.18B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.99B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.50B	USD	Point-in-time
Treasury stock - at cost: 206.9 and 204.5 shares at December 31, 2019 and June 30, 2019, respectively	`TreasuryStockValue`	$13.71B	USD	Point-in-time
Treasury stock - at cost: 206.9 and 204.5 shares at December 31, 2019 and June 30, 2019, respectively	`TreasuryStockValue`	$13.09B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-615.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-679.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-233.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-257.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-740.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-231.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.36B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.40B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$49.06B	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`	$261.40M	USD	Point-in-time
Cash And Cash Equivalents Under Reverse Repurchase Agreements	`CashAndCashEquivalentsUnderReverseRepurchaseAgreements`	$600.00K	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$11.75B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$21.38B	USD	2 Qtrs
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$12.37B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$22.88B	USD	2 Qtrs
Interest on funds held for clients	`InterestOnFundsHeldClients`	$247.60M	USD	2 Qtrs
Interest on funds held for clients	`InterestOnFundsHeldClients`	$137.70M	USD	1 Quarter
Interest on funds held for clients	`InterestOnFundsHeldClients`	$271.50M	USD	2 Qtrs
Interest on funds held for clients	`InterestOnFundsHeldClients`	$129.10M	USD	1 Quarter
PEO revenues (A)	`PEORevenues`	$2.02B	USD	2 Qtrs
PEO revenues (A)	`PEORevenues`	$2.19B	USD	2 Qtrs
PEO revenues (A)	`PEORevenues`	$1.13B	USD	1 Quarter
PEO revenues (A)	`PEORevenues`	$1.04B	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$6.80B	USD	2 Qtrs
TOTAL REVENUES	`Revenues`	$7.17B	USD	2 Qtrs
TOTAL REVENUES	`Revenues`	$3.49B	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$3.67B	USD	1 Quarter
Revenues, Net	`RevenuesNet`	$4.54B	USD	2 Qtrs
Revenues, Net	`RevenuesNet`	$4.70B	USD	2 Qtrs
Revenues, Net	`RevenuesNet`	$2.40B	USD	1 Quarter
Revenues, Net	`RevenuesNet`	$2.32B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$1.84B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$1.77B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$3.47B	USD	2 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$3.62B	USD	2 Qtrs
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$156.10M	USD	1 Quarter
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$168.70M	USD	1 Quarter
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$314.10M	USD	2 Qtrs
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$336.90M	USD	2 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$144.30M	USD	2 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$178.30M	USD	2 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$89.40M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$71.70M	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$3.93B	USD	2 Qtrs
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$2.09B	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$2.00B	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$4.14B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.48B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$754.30M	USD	1 Quarter
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`	$31.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$38.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$74.50M	USD	2 Qtrs
Interest expense	`InterestExpense`	$71.50M	USD	2 Qtrs
TOTAL EXPENSES	`CostsAndExpenses`	$2.78B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$5.46B	USD	2 Qtrs
TOTAL EXPENSES	`CostsAndExpenses`	$2.88B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$5.69B	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$32.60M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$100.60M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$46.00M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$46.50M	USD	2 Qtrs
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.57B	USD	2 Qtrs
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.39B	USD	2 Qtrs
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$741.00M	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$835.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$340.60M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$182.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$183.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$324.20M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$1.06B	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$558.20M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$651.60M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$1.23B	USD	2 Qtrs
Basic earnings per share (in US$ per share)	`EarningsPerShareBasic`	$1.28	USD	1 Quarter
Basic earnings per share (in US$ per share)	`EarningsPerShareBasic`	$2.44	USD	2 Qtrs
Basic earnings per share (in US$ per share)	`EarningsPerShareBasic`	$2.86	USD	2 Qtrs
Basic earnings per share (in US$ per share)	`EarningsPerShareBasic`	$1.51	USD	1 Quarter
Diluted earnings per share (in US$ per share)	`EarningsPerShareDiluted`	$2.84	USD	2 Qtrs
Diluted earnings per share (in US$ 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`	$1.50	USD	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	436.20M	shares	2 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	435.70M	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	431.50M	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	432.10M	shares	2 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	438.00M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	438.90M	shares	2 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	434.30M	shares	2 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	433.30M	shares	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$11.75B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$21.38B	USD	2 Qtrs
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$12.37B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$22.88B	USD	2 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$1.06B	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$558.20M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$651.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$1.23B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$196.50M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$234.90M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$434.60M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$456.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$44.10M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$33.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$73.30M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$77.00M	USD	2 Qtrs
Net pension expense	`PensionExpense`	$-400.00K	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`	$-26.30M	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	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	2 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsFinitelived`	$12.10M	USD	2 Qtrs
Gain on sale of assets	`GainLossOnSaleOfProperties`	$2.10M	USD	2 Qtrs
Gain on sale of assets	`GainLossOnSaleOfProperties`	$4.10M	USD	2 Qtrs
Other	`OtherNoncashExpense`	$18.10M	USD	2 Qtrs
Other	`OtherNoncashExpense`	$6.50M	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$670.00M	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$198.80M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$605.40M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$594.40M	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$12.30M	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$19.00M	USD	2 Qtrs
(Decrease) / increase in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-149.80M	USD	2 Qtrs
(Decrease) / increase in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$287.20M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.13B	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`	$1.30B	USD	2 Qtrs
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$2.88B	USD	2 Qtrs
Proceeds from the sales and maturities of corporate and client funds marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$3.00B	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`	$80.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$100.70M	USD	2 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$139.30M	USD	2 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$167.70M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$120.40M	USD	2 Qtrs
Proceeds from the sale of property, plant, and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$23.60M	USD	2 Qtrs
Proceeds from the sale of property, plant, and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.90M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-124.90M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-469.20M	USD	2 Qtrs
Net increase / (decrease) in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$7.09B	USD	2 Qtrs
Net increase / (decrease) in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$-1.57B	USD	2 Qtrs
Payments of debt	`RepaymentsOfLongTermDebt`	$1.10M	USD	2 Qtrs
Payments of debt	`RepaymentsOfLongTermDebt`	$1.10M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$615.10M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$526.60M	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`	$-4.40M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$605.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$686.00M	USD	2 Qtrs
Net payments of reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	$-262.00M	USD	2 Qtrs
Net payments of reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	-	USD	2 Qtrs
Net proceeds from commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	-	USD	2 Qtrs
Net proceeds from commercial paper borrowings	`ProceedsFromRepaymentsOfCommercialPaper`	$1.21B	USD	2 Qtrs
Net cash flows provided by / (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.49B	USD	2 Qtrs
Net cash flows provided by / (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.53B	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.20M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-32.10M	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`	$6.52B	USD	2 Qtrs
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`	$13.32B	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`	$5.48B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.32B	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
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`	$13.32B	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`	$70.60M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$73.30M	USD	2 Qtrs
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$350.40M	USD	2 Qtrs
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$280.30M	USD	2 Qtrs

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$1.06B	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$558.20M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$651.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$1.23B	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-47.60M	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-14.60M	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$34.30M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-24.70M	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`	$-35.50M	USD	1 Quarter
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$168.30M	USD	1 Quarter
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$60.60M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$26.60M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-7.50M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$38.80M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$13.30M	USD	2 Qtrs
Reclassification of net (gain)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$9.40M	USD	2 Qtrs
Reclassification of net (gain)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-1.40M	USD	2 Qtrs
Reclassification of net (gain)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-500.00K	USD	1 Quarter
Reclassification of net (gain)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$7.10M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-100.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$1.60M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-300.00K	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$2.10M	USD	2 Qtrs
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$26.20M	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$26.30M	USD	2 Qtrs
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$1.90M	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$200.00K	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$6.40M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$500.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$6.30M	USD	1 Quarter
Other	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	-	USD	1 Quarter
Other	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$700.00K	USD	1 Quarter
Other	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	-	USD	2 Qtrs
Other	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$700.00K	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$200.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$200.00K	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.70M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$125.10M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$64.80M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$26.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$683.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$654.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.13B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.26B	USD	2 Qtrs

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