10-Q Filing

AUTOMATIC DATA PROCESSING INC CIK: 8670 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0000008670-24-000007`
Period End Date	20231231
Filing Date	20240201
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	adp-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 107 Income Statement 68 Cash Flow Statement 86 Comprehensive Income 48

Balance Sheet 107 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts - trade receivables - current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$53.00M	USD	Point-in-time
Allowance for doubtful accounts - trade receivables - current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$48.60M	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`	$100.00K	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.08B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.64B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.34B	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $48.6 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
Accounts receivable, net of allowance for doubtful accounts of $48.6 and $53.0, respectively	`AccountsReceivableNetCurrent`	$3.37B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.02B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$743.90M	USD	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$5.84B	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Total current assets before funds held for clients	`TotalAssetsBeforeFundsHeldClients`	$6.03B	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Funds held for clients	`FundsHeldClients`	$36.33B	USD	Point-in-time
Funds held for clients	`FundsHeldClients`	$42.51B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Total current assets	`AssetsCurrent`	$48.54B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	638.70M	shares	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
Long-term receivables, net of allowance for doubtful accounts of $0.1 and $0.1, respectively	`AccountsReceivableNetNoncurrent`	$7.60M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	412.10M	shares	Point-in-time
Long-term receivables, net of allowance for doubtful accounts of $0.1 and $0.1, respectively	`AccountsReceivableNetNoncurrent`	$8.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	410.70M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$671.00M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	228.00M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	226.60M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$681.40M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$402.40M	USD	Point-in-time
Short-term marketable securities under reverse repurchase agreements	`ShortTermMarketableSecuritiesUnderReverseRepurchaseAgreements`	$21.50M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$372.00M	USD	Point-in-time
Cash and cash equivalents under reverse repurchase agreements	`CashAndCashEquivalentsUnderReverseRepurchaseAgreements`	$800.00K	USD	Point-in-time
Cash and cash equivalents under reverse repurchase agreements	`CashAndCashEquivalentsUnderReverseRepurchaseAgreements`	$100.00K	USD	Point-in-time
Deferred contract costs	`CapitalizedContractCostNet`	$2.79B	USD	Point-in-time
Deferred contract costs	`CapitalizedContractCostNet`	$2.77B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.26B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$995.80M	USD	Point-in-time
Long-term marketable securities under reverse repurchase agreements	`LongTermMarketableSecuritiesUnderReverseRepurchaseAgreements`	$104.60M	USD	Point-in-time
Goodwill	`Goodwill`	$2.34B	USD	Point-in-time
Goodwill	`Goodwill`	$2.37B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.34B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.32B	USD	Point-in-time
Total assets	`Assets`	$50.97B	USD	Point-in-time
Total assets	`Assets`	$57.07B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$96.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$76.80M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.63B	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`	$603.20M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$569.70M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$510.00M	USD	Point-in-time
Short-term deferred revenues	`ContractWithCustomerLiabilityCurrent`	$188.30M	USD	Point-in-time
Short-term deferred revenues	`ContractWithCustomerLiabilityCurrent`	$188.60M	USD	Point-in-time
Obligations under reverse repurchase agreements	`ObligationsUnderReverseRepurchaseAgreementsCurrent`	$21.60M	USD	Point-in-time
Obligations under reverse repurchase agreements	`ObligationsUnderReverseRepurchaseAgreementsCurrent`	$105.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.10M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$44.20M	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$4.10B	USD	Point-in-time
Total current liabilities before client funds obligations	`TotalCurrentLiabilitiesBeforeClientFundsObligations`	$4.23B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$44.00B	USD	Point-in-time
Client funds obligations	`ClientFundsObligations`	$38.54B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$48.10B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.77B	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`	$349.90M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$326.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$918.90M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$933.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$68.30M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$73.60M	USD	Point-in-time
Long-term deferred revenues	`ContractWithCustomerLiabilityNoncurrent`	$348.10M	USD	Point-in-time
Long-term deferred revenues	`ContractWithCustomerLiabilityNoncurrent`	$347.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$52.75B	USD	Point-in-time
Total liabilities	`Liabilities`	$47.46B	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, 2023 and June 30, 2023; outstanding, 410.7 and 412.1 shares at December 31, 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 December 31, 2023 and June 30, 2023; outstanding, 410.7 and 412.1 shares at December 31, 2023 and June 30, 2023, respectively	`CommonStockValue`	$63.90M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$2.26B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$2.10B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.76B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.12B	USD	Point-in-time
Treasury stock - at cost: 228.0 and 226.6 shares at December 31, 2023 and June 30, 2023, respectively	`TreasuryStockValue`	$18.47B	USD	Point-in-time
Treasury stock - at cost: 228.0 and 226.6 shares at December 31, 2023 and June 30, 2023, respectively	`TreasuryStockValue`	$19.02B	USD	Point-in-time
Accumulated other comprehensive (loss)/ income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.31B	USD	Point-in-time
Accumulated other comprehensive (loss)/ income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.75B	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 stockholders equity	`StockholdersEquity`	$2.58B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.32B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.99B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.23B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$50.97B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$57.07B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$33.39B	USD	2 Qtrs
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$17.85B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$18.38B	USD	1 Quarter
Direct pass-through costs PEO revenues	`DirectPassThroughCostsPEORevenues`	$34.37B	USD	2 Qtrs
TOTAL REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.18B	USD	2 Qtrs
TOTAL REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.67B	USD	1 Quarter
TOTAL REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.39B	USD	1 Quarter
TOTAL REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.61B	USD	2 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$2.21B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$4.21B	USD	2 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$4.37B	USD	2 Qtrs
Operating expenses	`OperatingCostsAndExpenses`	$2.13B	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$228.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$204.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$465.10M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$413.90M	USD	2 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$119.60M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$240.90M	USD	2 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$221.40M	USD	2 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$112.00M	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$2.45B	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$2.56B	USD	1 Quarter
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$4.84B	USD	2 Qtrs
TOTAL COSTS OF REVENUES	`CostOfGoodsAndServicesSold`	$5.08B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$922.50M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$855.70M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.80B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.66B	USD	2 Qtrs
Interest expense	`InterestExpense`	$104.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$108.10M	USD	2 Qtrs
Interest expense	`InterestExpense`	$196.50M	USD	2 Qtrs
Interest expense	`InterestExpense`	$57.00M	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$3.59B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$3.36B	USD	1 Quarter
TOTAL EXPENSES	`CostsAndExpenses`	$6.61B	USD	2 Qtrs
TOTAL EXPENSES	`CostsAndExpenses`	$7.08B	USD	2 Qtrs
Other (income)/expense, net	`NonoperatingIncomeExpense`	$30.50M	USD	1 Quarter
Other (income)/expense, net	`NonoperatingIncomeExpense`	$70.00M	USD	2 Qtrs
Other (income)/expense, net	`NonoperatingIncomeExpense`	$132.50M	USD	2 Qtrs
Other (income)/expense, net	`NonoperatingIncomeExpense`	$64.80M	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.24B	USD	2 Qtrs
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.06B	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.14B	USD	1 Quarter
EARNINGS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.07B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$475.90M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$265.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$245.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$498.80M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$813.10M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$1.74B	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$1.59B	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$878.40M	USD	1 Quarter
BASIC EARNINGS PER SHARE (in USD per share)	`EarningsPerShareBasic`	$3.84	USD	2 Qtrs
BASIC EARNINGS PER SHARE (in USD per share)	`EarningsPerShareBasic`	$2.14	USD	1 Quarter
BASIC EARNINGS PER SHARE (in USD per share)	`EarningsPerShareBasic`	$1.96	USD	1 Quarter
BASIC EARNINGS PER SHARE (in USD per share)	`EarningsPerShareBasic`	$4.22	USD	2 Qtrs
DILUTED EARNINGS PER SHARE (in USD per share)	`EarningsPerShareDiluted`	$4.20	USD	2 Qtrs
DILUTED EARNINGS PER SHARE (in USD per share)	`EarningsPerShareDiluted`	$3.82	USD	2 Qtrs
DILUTED EARNINGS PER SHARE (in USD per share)	`EarningsPerShareDiluted`	$2.13	USD	1 Quarter
DILUTED EARNINGS PER SHARE (in USD per share)	`EarningsPerShareDiluted`	$1.95	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	411.40M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	411.10M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	414.40M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	414.30M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	416.20M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	412.50M	shares	1 Quarter
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	416.60M	shares	2 Qtrs
Diluted weighted average shares outstanding (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	414.00M	shares	2 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$813.10M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$1.74B	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$1.59B	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$878.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$271.90M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$281.60M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$526.70M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$488.60M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$22.50M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNetofDisposals`	$9.90M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$132.40M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$109.00M	USD	2 Qtrs
Net pension income	`PensionExpense`	$-20.00M	USD	2 Qtrs
Net pension income	`PensionExpense`	$-11.60M	USD	2 Qtrs
Net accretion of discounts and amortization of premiums on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$17.40M	USD	2 Qtrs
Net accretion of discounts and amortization of premiums on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-23.60M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-16.90M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-30.80M	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$1.10M	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$382.30M	USD	2 Qtrs
Increase in deferred contract costs	`IncreaseDecreaseInContractWithCustomerAsset`	$503.30M	USD	2 Qtrs
Increase in deferred contract costs	`IncreaseDecreaseInContractWithCustomerAsset`	$538.00M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$313.60M	USD	2 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$284.60M	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-19.00M	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-20.50M	USD	2 Qtrs
Decrease in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-77.10M	USD	2 Qtrs
Decrease in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-78.70M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.36B	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.62B	USD	2 Qtrs
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$3.71B	USD	2 Qtrs
Purchases of corporate and client funds marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.31B	USD	2 Qtrs
Proceeds from the sales and maturities of corporate and client funds marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$2.53B	USD	2 Qtrs
Proceeds from the sales and maturities of corporate and client funds marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$1.50B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$94.10M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$95.10M	USD	2 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$178.40M	USD	2 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$165.70M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$14.40M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$33.60M	USD	2 Qtrs
Proceeds from sale of property, plant, and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Proceeds from sale of property, plant, and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$26.40M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$8.50M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-77.80M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.47B	USD	2 Qtrs
Net increase/(decrease) in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$-8.10B	USD	2 Qtrs
Net increase/(decrease) in client funds obligations	`NetDecreaseIncreaseInClientFundsObligations`	$5.42B	USD	2 Qtrs
Payments of debt	`RepaymentsOfLongTermDebt`	$500.00K	USD	2 Qtrs
Payments of debt	`RepaymentsOfLongTermDebt`	$500.00K	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$553.50M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$504.70M	USD	2 Qtrs
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$-17.50M	USD	2 Qtrs
Net proceeds from stock purchase plan and stock-based compensation plans	`NetProceedsfromstockpurchaseplanandstockbasedcompensationplans`	$24.80M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$865.50M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$1.03B	USD	2 Qtrs
Net payments related to reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	$-51.00M	USD	2 Qtrs
Net payments related to reverse repurchase agreements	`Netrepaymentsofproceedsfromreverserepurchaseagreements`	$-132.80M	USD	2 Qtrs
Net cash flows provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.62B	USD	2 Qtrs
Net cash flows provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.82B	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.60M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-24.60M	USD	2 Qtrs
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-9.50B	USD	2 Qtrs
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.11B	USD	2 Qtrs
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.88B	USD	Point-in-time
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`	$13.28B	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.88B	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`	$13.28B	USD	Point-in-time
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.77B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.08B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.64B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.34B	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`	$12.24B	USD	Point-in-time
Restricted cash and restricted cash equivalents included in funds held for clients (A)	`RestrictedCashAndCashEquivalents`	$11.94B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.88B	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`	$13.28B	USD	Point-in-time
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.77B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$104.50M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$192.80M	USD	2 Qtrs
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$590.40M	USD	2 Qtrs
Cash paid for income taxes, net of income tax refunds	`IncomeTaxesPaidNet`	$537.10M	USD	2 Qtrs

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$813.10M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$1.74B	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$1.59B	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$878.40M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$71.10M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$53.90M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-13.60M	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$9.30M	USD	2 Qtrs
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$860.50M	USD	1 Quarter
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$242.20M	USD	1 Quarter
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$709.90M	USD	2 Qtrs
Unrealized net gains/(losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-592.90M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-134.50M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$51.20M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$194.90M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$164.80M	USD	2 Qtrs
Reclassification of realized net losses/(gains) on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-11.50M	USD	1 Quarter
Reclassification of realized net losses/(gains) on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-4.00M	USD	2 Qtrs
Reclassification of realized net losses/(gains) on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-2.00M	USD	1 Quarter
Reclassification of realized net losses/(gains) on available-for-sale securities to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-13.00M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-1.00M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-2.70M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-500.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-2.90M	USD	2 Qtrs
Amortization of unrealized losses on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$-2.20M	USD	2 Qtrs
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`	$-2.20M	USD	2 Qtrs
Amortization of unrealized losses on cash flow hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$-1.10M	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-200.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-500.00K	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-200.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-500.00K	USD	2 Qtrs
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$900.00K	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$3.60M	USD	2 Qtrs
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$1.50M	USD	1 Quarter
Reclassification of pension liability adjustment to net earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$1.90M	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$400.00K	USD	2 Qtrs
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$100.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$200.00K	USD	1 Quarter
Tax effect	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$600.00K	USD	2 Qtrs
Other comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$722.60M	USD	1 Quarter
Other comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$273.20M	USD	1 Quarter
Other comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$560.60M	USD	2 Qtrs
Other comprehensive income/(loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-457.20M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.14B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.60B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.09B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.30B	USD	2 Qtrs

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