10-Q Filing

AUTOMATIC DATA PROCESSING INC CIK: 8670 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0000008670-21-000014`
Period End Date	20210331
Filing Date	20210430
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	adp-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 106 Income Statement 68 Cash Flow Statement 84 Comprehensive Income 57

Balance Sheet 106 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts - trade receivables - Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$83.10M	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$92.50M	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Long-term	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$500.00K	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - Long-term	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$500.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.91B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.89B	USD	Point-in-time
Preferred stock, par value (in US$ per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.71B	USD	Point-in-time
Preferred stock, par value (in US$ per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $83.1 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
Accounts receivable, net of allowance for doubtful accounts of $83.1 and $92.5, respectively	`AccountsReceivableNetCurrent`	$2.77B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	300,000.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$506.20M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$604.50M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value (in US$ per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$5.26B	USD	Point-in-time
Common stock, par value (in US$ per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$4.86B	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`	$26.71B	USD	Point-in-time
Funds held for clients	`FundsHeldClients`	$41.49B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$31.56B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$46.75B	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
Long-term receivables, net of allowance for doubtful accounts of $0.5 and $0.5, respectively	`AccountsReceivableNetNoncurrent`	$12.90M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	426.00M	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 $0.5 and $0.5, respectively	`AccountsReceivableNetNoncurrent`	$18.60M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$703.90M	USD	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	212.70M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$701.40M	USD	Point-in-time
Treasury stock, (in shares)	`TreasuryStockShares`	208.90M	shares	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`	$493.70M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$493.80M	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`	$458.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$475.10M	USD	Point-in-time
Goodwill	`Goodwill`	$2.31B	USD	Point-in-time
Goodwill	`Goodwill`	$2.33B	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`	$54.41B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$102.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$112.20M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.00B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.98B	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$762.10M	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$557.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$387.30M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$392.70M	USD	Point-in-time
Short-term deferred revenues	`ContractWithCustomerLiabilityCurrent`	$200.70M	USD	Point-in-time
Short-term deferred revenues	`ContractWithCustomerLiabilityCurrent`	$212.50M	USD	Point-in-time
Obligations under reverse repurchase agreements	`ObligationsUnderReverseRepurchaseAgreements`	$13.60M	USD	Point-in-time
Obligations under reverse repurchase agreements	`ObligationsUnderReverseRepurchaseAgreements`	-	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`	$103.60M	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$4.29B	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$3.57B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$25.83B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$41.04B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$30.13B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.62B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.00B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.99B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$360.90M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$344.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$806.50M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$837.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$592.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$731.90M	USD	Point-in-time
Long-term deferred revenues	`ContractWithCustomerLiabilityNoncurrent`	$364.90M	USD	Point-in-time
Long-term deferred revenues	`ContractWithCustomerLiabilityNoncurrent`	$370.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$33.41B	USD	Point-in-time
Total liabilities	`Liabilities`	$48.73B	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 March 31, 2021 and June 30, 2020; outstanding, 426.0 and 429.9 shares at March 31, 2021 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 March 31, 2021 and June 30, 2020; outstanding, 426.0 and 429.9 shares at March 31, 2021 and June 30, 2020, respectively	`CommonStockValue`	$63.90M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.48B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.33B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$19.31B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.44B	USD	Point-in-time
Treasury stock - at cost: 212.7 and 208.9 shares at March 31, 2021 and June 30, 2020, respectively	`TreasuryStockValue`	$14.92B	USD	Point-in-time
Treasury stock - at cost: 212.7 and 208.9 shares at March 31, 2021 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`	$-257.70M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.49B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.40B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.75B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.90B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$5.36B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$39.17B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$54.41B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$35.53B	USD	3 Qtrs
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$12.64B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$13.89B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$38.26B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.10B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.05B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.27B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.21B	USD	3 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$2.00B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$5.61B	USD	3 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$1.97B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$5.60B	USD	3 Qtrs
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$172.10M	USD	1 Quarter
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$509.00M	USD	3 Qtrs
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$178.60M	USD	1 Quarter
Systems development and programming costs	`Systemsdevelopmentprogrammingcosts`	$521.80M	USD	3 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$100.00M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$303.50M	USD	3 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$92.90M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$271.20M	USD	3 Qtrs
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$2.28B	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$6.38B	USD	3 Qtrs
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$2.24B	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$6.43B	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.24B	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.20B	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$763.00M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$756.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$42.40M	USD	3 Qtrs
Interest expense	`InterestExpense`	$91.50M	USD	3 Qtrs
Interest expense	`InterestExpense`	$13.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.00M	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$3.05B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$3.02B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$8.71B	USD	3 Qtrs
TOTAL EXPENSES	`CostsAndExpenses`	$8.68B	USD	3 Qtrs
Other (income)/expense, net	`NonoperatingIncomeExpense`	$18.80M	USD	1 Quarter
Other (income)/expense, net	`NonoperatingIncomeExpense`	$145.20M	USD	3 Qtrs
Other (income)/expense, net	`NonoperatingIncomeExpense`	$72.70M	USD	3 Qtrs
Other (income)/expense, net	`NonoperatingIncomeExpense`	$44.60M	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.07B	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.08B	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.66B	USD	3 Qtrs
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.65B	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$255.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$255.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$603.80M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$596.40M	USD	3 Qtrs
NET EARNINGS	`NetIncomeLoss`	$2.05B	USD	3 Qtrs
NET EARNINGS	`NetIncomeLoss`	$810.70M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$820.90M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$2.06B	USD	3 Qtrs
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$1.90	USD	1 Quarter
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$4.76	USD	3 Qtrs
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$1.91	USD	1 Quarter
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$4.82	USD	3 Qtrs
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$1.90	USD	1 Quarter
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$4.74	USD	3 Qtrs
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$4.80	USD	3 Qtrs
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$1.90	USD	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	431.40M	shares	3 Qtrs
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	425.80M	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	430.00M	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	427.30M	shares	3 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	428.90M	shares	3 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	427.70M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	433.50M	shares	3 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	431.80M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$2.05B	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$810.70M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$820.90M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$2.06B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$355.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$384.70M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$687.40M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$700.50M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$-38.30M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$57.70M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$106.70M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$126.40M	USD	3 Qtrs
Net pension income	`PensionExpense`	$-14.60M	USD	3 Qtrs
Net pension income	`PensionExpense`	$-35.90M	USD	3 Qtrs
Net amortization of premiums and accretion of discounts on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-40.70M	USD	3 Qtrs
Net amortization of premiums and accretion of discounts on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-48.70M	USD	3 Qtrs
Impairment of assets	`AssetImpairmentCharges`	$7.60M	USD	3 Qtrs
Impairment of assets	`AssetImpairmentCharges`	$2.60M	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfProperties`	$3.40M	USD	3 Qtrs
Gain on sale of assets	`GainLossOnSaleOfProperties`	$2.10M	USD	3 Qtrs
Other	`OtherNoncashExpense`	$18.20M	USD	3 Qtrs
Other	`OtherNoncashExpense`	$44.90M	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$365.20M	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$281.60M	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$762.30M	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$794.00M	USD	3 Qtrs
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$9.80M	USD	3 Qtrs
Increase/(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-3.60M	USD	3 Qtrs
Increase/(Decrease) in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$321.10M	USD	3 Qtrs
Increase/(Decrease) in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-34.00M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.25B	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.44B	USD	3 Qtrs
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$7.15B	USD	3 Qtrs
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$3.89B	USD	3 Qtrs
Proceeds from the sales and maturities of corporate and client funds marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$5.16B	USD	3 Qtrs
Proceeds from the sales and maturities of corporate and client funds marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$4.75B	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$139.30M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$145.30M	USD	3 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$261.00M	USD	3 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$240.20M	USD	3 Qtrs
Proceeds from sale of property, plant, and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.80M	USD	3 Qtrs
Proceeds from sale of property, plant, and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$23.60M	USD	3 Qtrs
Net cash flows (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.37B	USD	3 Qtrs
Net cash flows (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$478.60M	USD	3 Qtrs
Net increase in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$15.00B	USD	3 Qtrs
Net increase in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$1.35B	USD	3 Qtrs
Payments of debt	`RepaymentsOfLongTermDebt`	$1.60M	USD	3 Qtrs
Payments of debt	`RepaymentsOfLongTermDebt`	$1.00B	USD	3 Qtrs
Proceeds from the issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$991.10M	USD	3 Qtrs
Proceeds from the issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Settlement of cash flow hedges	`PaymentsForHedgeFinancingActivities`	-	USD	3 Qtrs
Settlement of cash flow hedges	`PaymentsForHedgeFinancingActivities`	$43.60M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$902.50M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.01B	USD	3 Qtrs
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$73.50M	USD	3 Qtrs
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$33.30M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$1.18B	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$1.08B	USD	3 Qtrs
Net payments related to reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	$-13.60M	USD	3 Qtrs
Net payments related to reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	$-262.00M	USD	3 Qtrs
Net cash flows provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-964.00M	USD	3 Qtrs
Net cash flows provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.92B	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$70.40M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-41.40M	USD	3 Qtrs
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$13.07B	USD	3 Qtrs
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.72B	USD	3 Qtrs
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.12B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.52B	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`	$20.12B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.52B	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`	$20.12B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.52B	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`	$103.80M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$52.30M	USD	3 Qtrs
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$570.10M	USD	3 Qtrs
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$520.20M	USD	3 Qtrs

Comprehensive Income 57 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$2.05B	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$810.70M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$820.90M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$2.06B	USD	3 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$84.80M	USD	3 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-27.50M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-83.00M	USD	3 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-68.40M	USD	1 Quarter
Unrealized net (losses)/gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-352.50M	USD	1 Quarter
Unrealized net (losses)/gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$139.30M	USD	1 Quarter
Unrealized net (losses)/gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-421.20M	USD	3 Qtrs
Unrealized net (losses)/gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$199.90M	USD	3 Qtrs
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$32.20M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$45.40M	USD	3 Qtrs
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-79.20M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-94.70M	USD	3 Qtrs
Reclassification of net (gains)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$2.50M	USD	1 Quarter
Reclassification of net (gains)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-400.00K	USD	1 Quarter
Reclassification of net (gains)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$7.60M	USD	3 Qtrs
Reclassification of net (gains)/losses on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$11.90M	USD	3 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$600.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$1.70M	USD	3 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$2.60M	USD	3 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-100.00K	USD	1 Quarter
Unrealized (losses)/gains on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-38.20M	USD	1 Quarter
Unrealized (losses)/gains on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-37.40M	USD	3 Qtrs
Unrealized (losses)/gains on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	-	USD	1 Quarter
Unrealized (losses)/gains on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-3.30M	USD	3 Qtrs
Unrealized (losses)/gains on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-43.60M	USD	5 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-9.20M	USD	3 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-800.00K	USD	3 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-9.50M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	1 Quarter
Amortization of unrealized losses on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	-	USD	3 Qtrs
Amortization of unrealized losses on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	-	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`	$-2.70M	USD	3 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-300.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-600.00K	USD	3 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	3 Qtrs
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$7.80M	USD	3 Qtrs
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$2.80M	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$-14.80M	USD	3 Qtrs
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$-15.00M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$-3.70M	USD	3 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$-3.70M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$1.10M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$2.70M	USD	3 Qtrs
Other comprehensive (loss)/income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-298.00M	USD	1 Quarter
Other comprehensive (loss)/income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-3.20M	USD	1 Quarter
Other comprehensive (loss)/income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$22.90M	USD	3 Qtrs
Other comprehensive (loss)/income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-242.90M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.82B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.08B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$512.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$817.70M	USD	1 Quarter

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