10-Q Filing

AUTOMATIC DATA PROCESSING INC CIK: 8670 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0000008670-23-000040`
Period End Date	20230930
Filing Date	20231102
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	adp-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 106 Income Statement 34 Cash Flow Statement 82 Comprehensive Income 24

Balance Sheet 106 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts - trade receivables - current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$50.30M	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$53.00M	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - long-term	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$100.00K	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - long-term	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.08B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.44B	USD	Point-in-time
Preferred stock, par value (in US$ 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`	$1.21B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $50.3 and $53.0, respectively	`AccountsReceivableNetCurrent`	$3.10B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $50.3 and $53.0, respectively	`AccountsReceivableNetCurrent`	$3.01B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	300,000.00	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	300,000.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.18B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$743.90M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$5.72B	USD	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$5.84B	USD	Point-in-time
Common stock, par value (in US$ per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in US$ per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
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`	$36.33B	USD	Point-in-time
Funds held for clients	`FundsHeldClients`	$34.76B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$42.17B	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`	$40.48B	USD	Point-in-time
Long-term receivables, net of allowance for doubtful accounts of $0.0 and $0.1, respectively	`AccountsReceivableNetNoncurrent`	$8.30M	USD	Point-in-time
Long-term receivables, net of allowance for doubtful accounts of $0.0 and $0.1, respectively	`AccountsReceivableNetNoncurrent`	$8.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	411.70M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	412.10M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$681.40M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$660.40M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	227.00M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	226.60M	shares	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$402.40M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$380.50M	USD	Point-in-time
Short-term marketable securities under reverse repurchase agreements	`ShortTermMarketableSecuritiesUnderReverseRepurchaseAgreements`	$131.90M	USD	Point-in-time
Deferred contract costs	`CapitalizedContractCostNet`	$2.77B	USD	Point-in-time
Long-term marketable securities under reverse repurchase agreements	`LongTermMarketableSecuritiesUnderReverseRepurchaseAgreements`	$104.60M	USD	Point-in-time
Deferred contract costs	`CapitalizedContractCostNet`	$2.76B	USD	Point-in-time
Long-term marketable securities under reverse repurchase agreements	`LongTermMarketableSecuritiesUnderReverseRepurchaseAgreements`	$211.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.35B	USD	Point-in-time
Cash and cash equivalents under reverse repurchase agreements	`CashAndCashEquivalentsUnderReverseRepurchaseAgreements`	$800.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.26B	USD	Point-in-time
Cash and cash equivalents under reverse repurchase agreements	`CashAndCashEquivalentsUnderReverseRepurchaseAgreements`	$700.00K	USD	Point-in-time
Goodwill	`Goodwill`	$2.34B	USD	Point-in-time
Goodwill	`Goodwill`	$2.35B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.33B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.34B	USD	Point-in-time
Total assets	`Assets`	$50.97B	USD	Point-in-time
Total assets	`Assets`	$49.32B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$67.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$96.80M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.29B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.34B	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$941.40M	USD	Point-in-time
Accrued payroll and payroll-related expenses	`EmployeeRelatedLiabilitiesCurrent`	$554.20M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$509.90M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$510.00M	USD	Point-in-time
Short-term deferred revenues	`ContractWithCustomerLiabilityCurrent`	$182.80M	USD	Point-in-time
Short-term deferred revenues	`ContractWithCustomerLiabilityCurrent`	$188.60M	USD	Point-in-time
Obligations under reverse repurchase agreements	`ObligationsUnderReverseRepurchaseAgreementsCurrent`	$343.80M	USD	Point-in-time
Obligations under reverse repurchase agreements	`ObligationsUnderReverseRepurchaseAgreementsCurrent`	$105.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$179.80M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$44.20M	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$4.23B	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$4.13B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$37.10B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$38.54B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.77B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.23B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.99B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.99B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$334.30M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$349.90M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$933.70M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$893.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$73.60M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$67.70M	USD	Point-in-time
Long-term deferred revenues	`ContractWithCustomerLiabilityNoncurrent`	$348.10M	USD	Point-in-time
Long-term deferred revenues	`ContractWithCustomerLiabilityNoncurrent`	$337.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$47.46B	USD	Point-in-time
Total liabilities	`Liabilities`	$45.85B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $1.00 par value: authorized, 0.3 shares; issued, none	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $1.00 par value: authorized, 0.3 shares; issued, none	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.10 par value: authorized, 1,000.0 shares; issued, 638.7 shares at September 30, 2023 and June 30, 2023; outstanding, 411.7 and 412.1 shares at September 30, 2023 and June 30, 2023, respectively	`CommonStockValue`	$63.90M	USD	Point-in-time
Common stock, $0.10 par value: authorized, 1,000.0 shares; issued, 638.7 shares at September 30, 2023 and June 30, 2023; outstanding, 411.7 and 412.1 shares at September 30, 2023 and June 30, 2023, respectively	`CommonStockValue`	$63.90M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$2.10B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$2.19B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.12B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.46B	USD	Point-in-time
Treasury stock - at cost: 227.0 and 226.6 shares at September 30, 2023 and June 30, 2023, respectively	`TreasuryStockValue`	$18.47B	USD	Point-in-time
Treasury stock - at cost: 227.0 and 226.6 shares at September 30, 2023 and June 30, 2023, respectively	`TreasuryStockValue`	$18.77B	USD	Point-in-time
Accumulated other comprehensive (loss)/ income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.47B	USD	Point-in-time
Accumulated other comprehensive (loss)/ income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.31B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.23B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.58B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.51B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.47B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$50.97B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$49.32B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$15.99B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$15.53B	USD	1 Quarter
TOTAL REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.51B	USD	1 Quarter
TOTAL REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.22B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$2.16B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$2.07B	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$209.80M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$236.50M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$109.40M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$121.30M	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$2.52B	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$2.39B	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$800.30M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$880.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$91.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$51.20M	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$3.25B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$3.49B	USD	1 Quarter
Other (income)/expense, net	`NonoperatingIncomeExpense`	$39.50M	USD	1 Quarter
Other (income)/expense, net	`NonoperatingIncomeExpense`	$67.70M	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.01B	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.09B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$233.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$231.00M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$779.00M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$859.40M	USD	1 Quarter
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$1.88	USD	1 Quarter
BASIC EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareBasic`	$2.09	USD	1 Quarter
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$2.08	USD	1 Quarter
DILUTED EARNINGS PER SHARE (in US$ per share)	`EarningsPerShareDiluted`	$1.87	USD	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	414.60M	shares	1 Quarter
Basic weighted average shares outstanding (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	411.70M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	416.90M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	413.60M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$779.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$859.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$135.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$141.50M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$262.30M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$243.50M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$20.50M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$26.80M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$50.60M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$58.80M	USD	1 Quarter
Net pension income	`PensionExpense`	$-5.80M	USD	1 Quarter
Net pension income	`PensionExpense`	$-9.30M	USD	1 Quarter
Net accretion of discounts and amortization of premiums on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$5.50M	USD	1 Quarter
Net accretion of discounts and amortization of premiums on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-16.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-10.60M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-2.70M	USD	1 Quarter
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$107.90M	USD	1 Quarter
(Increase)/Decrease in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$-201.50M	USD	1 Quarter
Increase in deferred contract costs	`IncreaseDecreaseInContractWithCustomerAsset`	$261.90M	USD	1 Quarter
Increase in deferred contract costs	`IncreaseDecreaseInContractWithCustomerAsset`	$239.60M	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$304.90M	USD	1 Quarter
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$264.40M	USD	1 Quarter
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-30.70M	USD	1 Quarter
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-30.40M	USD	1 Quarter
Decrease in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-308.60M	USD	1 Quarter
Decrease in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-194.70M	USD	1 Quarter
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$718.10M	USD	1 Quarter
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$326.50M	USD	1 Quarter
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$710.20M	USD	1 Quarter
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$3.06B	USD	1 Quarter
Proceeds from the sales and maturities of corporate and client funds marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$632.00M	USD	1 Quarter
Proceeds from the sales and maturities of corporate and client funds marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$1.62B	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$45.40M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$39.30M	USD	1 Quarter
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$87.00M	USD	1 Quarter
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$86.30M	USD	1 Quarter
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$33.60M	USD	1 Quarter
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Proceeds from sale of property, plant, and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Proceeds from sale of property, plant, and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$22.00M	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.58B	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-216.10M	USD	1 Quarter
Net decrease in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$-1.37B	USD	1 Quarter
Net decrease in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$-15.59B	USD	1 Quarter
Payments of debt	`RepaymentsOfLongTermDebt`	$200.00K	USD	1 Quarter
Payments of debt	`RepaymentsOfLongTermDebt`	$200.00K	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$250.00M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$333.30M	USD	1 Quarter
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$1.00M	USD	1 Quarter
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$-36.60M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$515.80M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$432.90M	USD	1 Quarter
Net proceeds related to reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	$54.80M	USD	1 Quarter
Net proceeds related to reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	$273.80M	USD	1 Quarter
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.90B	USD	1 Quarter
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.30B	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-44.90M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-16.30M	USD	1 Quarter
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.81B	USD	1 Quarter
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-17.21B	USD	1 Quarter
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.78B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.77B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.96B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.58B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.78B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.77B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.96B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.58B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.08B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.44B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.21B	USD	Point-in-time
Restricted cash and restricted cash equivalents included in funds held for clients (A)	`RestrictedCashAndCashEquivalents`	$5.52B	USD	Point-in-time
Restricted cash and restricted cash equivalents included in funds held for clients (A)	`RestrictedCashAndCashEquivalents`	$6.69B	USD	Point-in-time
Restricted cash and restricted cash equivalents included in funds held for clients (A)	`RestrictedCashAndCashEquivalents`	$4.37B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.78B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.77B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.96B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.58B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$97.00M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$56.70M	USD	1 Quarter
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$87.90M	USD	1 Quarter
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$57.50M	USD	1 Quarter

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$779.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$859.40M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-44.60M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-84.70M	USD	1 Quarter
Unrealized net (losses)/gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-835.10M	USD	1 Quarter
Unrealized net (losses)/gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-150.60M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-30.10M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-185.80M	USD	1 Quarter
Reclassification of realized net losses/(gains) on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-1.90M	USD	1 Quarter
Reclassification of realized net losses/(gains) on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-1.50M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-300.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-400.00K	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`	$-1.10M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-300.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-300.00K	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$1.00M	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$2.10M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$200.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$500.00K	USD	1 Quarter
Other comprehensive (loss)/income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-162.00M	USD	1 Quarter
Other comprehensive (loss)/income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-730.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$48.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$697.40M	USD	1 Quarter

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