10-Q Filing

AUTOMATIC DATA PROCESSING INC CIK: 8670 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000008670-21-000007`
Period End Date	20201231
Filing Date	20210201
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	adp-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 106 Income Statement 68 Cash Flow Statement 84 Comprehensive Income 56

Balance Sheet 106 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts - trade receivables - Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$92.50M	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$86.30M	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`	$600.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.60B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.50B	USD	Point-in-time
Preferred stock, par value (in US$ 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`	$1.91B	USD	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 $86.3 and $92.5, respectively	`AccountsReceivableNetCurrent`	$2.51B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $86.3 and $92.5, respectively	`AccountsReceivableNetCurrent`	$2.44B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	300,000.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$506.20M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$684.10M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value (in US$ 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`	$4.80B	USD	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$4.86B	USD	Point-in-time
Funds held for clients	`FundsHeldClients`	$26.71B	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
Funds held for clients	`FundsHeldClients`	$36.87B	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`	$41.66B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$31.56B	USD	Point-in-time
Long-term receivables, net of allowance for doubtful accounts of $0.6 and $0.5, respectively	`AccountsReceivableNetNoncurrent`	$18.60M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	428.10M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	429.90M	shares	Point-in-time
Long-term receivables, net of allowance for doubtful accounts of $0.6 and $0.5, respectively	`AccountsReceivableNetNoncurrent`	$15.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$703.90M	USD	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	208.90M	shares	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	210.60M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$692.70M	USD	Point-in-time
Long-term marketable securities under reverse repurchase agreements	`LongtermMarketableSecuritiesUnderReverseRepurchaseAgreements`	$13.60M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$501.10M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$493.70M	USD	Point-in-time
Deferred contract costs	`CapitalizedContractCostNet`	$2.40B	USD	Point-in-time
Deferred contract costs	`CapitalizedContractCostNet`	$2.42B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$483.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$458.40M	USD	Point-in-time
Goodwill	`Goodwill`	$2.31B	USD	Point-in-time
Goodwill	`Goodwill`	$2.35B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.22B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.21B	USD	Point-in-time
Total assets	`Assets`	$39.17B	USD	Point-in-time
Total assets	`Assets`	$49.33B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$113.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$102.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.98B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.78B	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$587.40M	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$557.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$394.40M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$387.30M	USD	Point-in-time
Short-term deferred revenues	`ContractWithCustomerLiabilityCurrent`	$212.50M	USD	Point-in-time
Short-term deferred revenues	`ContractWithCustomerLiabilityCurrent`	$207.70M	USD	Point-in-time
Obligations under reverse repurchase agreements	`ObligationsUnderReverseRepurchaseAgreements`	-	USD	Point-in-time
Obligations under reverse repurchase agreements	`ObligationsUnderReverseRepurchaseAgreements`	$13.60M	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`	$40.10M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$28.90M	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$3.11B	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$4.29B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$36.07B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$25.83B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.18B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$30.13B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.99B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.00B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$344.40M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$357.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$812.50M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$837.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$731.90M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$711.50M	USD	Point-in-time
Long-term deferred revenues	`DeferredRevenueNoncurrent`	$373.90M	USD	Point-in-time
Long-term deferred revenues	`DeferredRevenueNoncurrent`	$370.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$43.43B	USD	Point-in-time
Total liabilities	`Liabilities`	$33.41B	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, 2020 and June 30, 2020; outstanding, 428.1 and 429.9 shares at December 31, 2020 and June 30, 2020, 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, 2020 and June 30, 2020; outstanding, 428.1 and 429.9 shares at December 31, 2020 and June 30, 2020, respectively	`CommonStockValue`	$63.90M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.41B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.33B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.89B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.44B	USD	Point-in-time
Treasury stock - at cost: 210.6 and 208.9 shares at December 31, 2020 and June 30, 2020, respectively	`TreasuryStockValue`	$14.51B	USD	Point-in-time
Treasury stock - at cost: 210.6 and 208.9 shares at December 31, 2020 and June 30, 2020, respectively	`TreasuryStockValue`	$14.07B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.80M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$40.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.81B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.36B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.36B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.75B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.40B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.90B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$49.33B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$39.17B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$22.88B	USD	2 Qtrs
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$12.37B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$13.35B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$24.36B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.17B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.17B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.70B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.67B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$3.62B	USD	2 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$1.84B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$1.85B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$3.61B	USD	2 Qtrs
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$343.20M	USD	2 Qtrs
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$336.90M	USD	2 Qtrs
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$174.50M	USD	1 Quarter
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$168.70M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$203.60M	USD	2 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$89.40M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$100.10M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$178.30M	USD	2 Qtrs
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$4.16B	USD	2 Qtrs
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$2.12B	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$4.14B	USD	2 Qtrs
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$2.09B	USD	1 Quarter
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`	$755.80M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.44B	USD	2 Qtrs
Interest expense	`InterestExpense`	$29.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$71.50M	USD	2 Qtrs
Interest expense	`InterestExpense`	$13.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$31.60M	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$2.89B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$5.69B	USD	2 Qtrs
TOTAL EXPENSES	`CostsAndExpenses`	$2.88B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$5.62B	USD	2 Qtrs
Other (income)/expense, net	`NonoperatingIncomeExpense`	$54.00M	USD	2 Qtrs
Other (income)/expense, net	`NonoperatingIncomeExpense`	$29.00M	USD	1 Quarter
Other (income)/expense, net	`NonoperatingIncomeExpense`	$100.60M	USD	2 Qtrs
Other (income)/expense, net	`NonoperatingIncomeExpense`	$46.00M	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.60B	USD	2 Qtrs
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.57B	USD	2 Qtrs
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$832.60M	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$835.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$348.20M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$183.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$340.60M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$185.10M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$647.50M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$651.60M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$1.25B	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$1.23B	USD	2 Qtrs
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$2.92	USD	2 Qtrs
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$1.51	USD	1 Quarter
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$1.51	USD	1 Quarter
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$2.86	USD	2 Qtrs
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$2.84	USD	2 Qtrs
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$2.91	USD	2 Qtrs
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$1.50	USD	1 Quarter
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$1.51	USD	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	428.00M	shares	2 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	432.10M	shares	2 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	431.50M	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	427.40M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	434.30M	shares	2 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	429.00M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	433.30M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	429.50M	shares	2 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$647.50M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$651.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$1.25B	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$1.23B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$257.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$234.90M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$456.00M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$464.90M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$1.30M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$44.10M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$80.90M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$73.30M	USD	2 Qtrs
Net pension income	`PensionExpense`	$-22.00M	USD	2 Qtrs
Net pension income	`PensionExpense`	$-400.00K	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`	$-28.70M	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	$5.00M	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	$2.20M	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfProperties`	$1.80M	USD	2 Qtrs
Gain on sale of assets	`GainLossOnSaleOfProperties`	$2.10M	USD	2 Qtrs
Other	`OtherNoncashExpense`	$2.40M	USD	2 Qtrs
Other	`OtherNoncashExpense`	$6.50M	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$198.80M	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$86.50M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$643.30M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$605.40M	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$12.30M	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$10.20M	USD	2 Qtrs
Decrease in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-149.80M	USD	2 Qtrs
Decrease in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-158.90M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.19B	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.13B	USD	2 Qtrs
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$3.55B	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`	$2.83B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$100.70M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$81.00M	USD	2 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$167.70M	USD	2 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$148.10M	USD	2 Qtrs
Proceeds from sale of property, plant, and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$23.60M	USD	2 Qtrs
Proceeds from sale of property, plant, and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.80M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-124.90M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-949.60M	USD	2 Qtrs
Net increase in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$7.09B	USD	2 Qtrs
Net increase in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$10.04B	USD	2 Qtrs
Payments of debt	`RepaymentsOfLongTermDebt`	$1.00B	USD	2 Qtrs
Payments of debt	`RepaymentsOfLongTermDebt`	$1.10M	USD	2 Qtrs
Proceeds from the issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$991.10M	USD	2 Qtrs
Proceeds from the issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Settlement of cash flow hedges	`PaymentsForHedgeFinancingActivities`	-	USD	2 Qtrs
Settlement of cash flow hedges	`PaymentsForHedgeFinancingActivities`	$43.60M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$475.10M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$615.10M	USD	2 Qtrs
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$39.10M	USD	2 Qtrs
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$-4.40M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$781.70M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$686.00M	USD	2 Qtrs
Net payments related to reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	$-262.00M	USD	2 Qtrs
Net payments related to reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	$-13.60M	USD	2 Qtrs
Net cash flows provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.75B	USD	2 Qtrs
Net cash flows provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.53B	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.70M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.20M	USD	2 Qtrs
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.07B	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`	$16.13B	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`	$6.80B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.13B	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`	$6.80B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.13B	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`	$6.80B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.05B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$28.10M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$70.60M	USD	2 Qtrs
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$362.70M	USD	2 Qtrs
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$350.40M	USD	2 Qtrs

Comprehensive Income 56 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$647.50M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$651.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$1.25B	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$1.23B	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$112.30M	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`	$61.90M	USD	1 Quarter
Unrealized net (losses)/gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$60.60M	USD	2 Qtrs
Unrealized net (losses)/gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-68.70M	USD	2 Qtrs
Unrealized net (losses)/gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-35.50M	USD	1 Quarter
Unrealized net (losses)/gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-44.10M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-7.50M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$13.30M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-15.50M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-10.00M	USD	1 Quarter
Reclassification of net (gains)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$9.40M	USD	2 Qtrs
Reclassification of net (gains)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$8.00M	USD	2 Qtrs
Reclassification of net (gains)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$7.70M	USD	1 Quarter
Reclassification of net (gains)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$7.10M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$1.70M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$1.60M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$2.10M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$1.80M	USD	2 Qtrs
Unrealized (losses)/gains on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$700.00K	USD	2 Qtrs
Unrealized (losses)/gains on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$700.00K	USD	1 Quarter
Unrealized (losses)/gains on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-3.30M	USD	2 Qtrs
Unrealized (losses)/gains on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	-	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$200.00K	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-800.00K	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$200.00K	USD	1 Quarter
Amortization of unrealized losses on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$-1.10M	USD	1 Quarter
Amortization of unrealized losses on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	-	USD	1 Quarter
Amortization of unrealized losses on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$-1.70M	USD	2 Qtrs
Amortization of unrealized losses on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	-	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-400.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-400.00K	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$200.00K	USD	2 Qtrs
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$5.00M	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`	$2.50M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$1.60M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$600.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$500.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$26.10M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$24.40M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$55.10M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$654.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.26B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$671.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.30B	USD	2 Qtrs

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