Automatic Data Processing (ADP) 10-Q 3 Nov 16 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 30, 2016	Oct. 31, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016
Entity Registrant Name	AUTOMATIC DATA PROCESSING INC
Entity Central Index Key	8,670
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Entity Common Stock, Shares Outstanding		451,173,217

Statements Of Consolidated Earn

Statements Of Consolidated Earnings (Unaudited) - USD ($) shares in Millions, $ in Millions		3 Months Ended
		Sep. 30, 2016	Sep. 30, 2015
REVENUES:
Revenues, other than interest on funds held for clients and PEO revenues		$ 2,037.4	$ 1,928.7
Interest on funds held for clients		89.2	87.8
PEO revenues (A)	[1]	790.3	697.5
TOTAL REVENUES		2,916.9	2,714
EXPENSES:
Operating expenses		1,531.5	1,439.8
Systems development and programming costs		154.9	156.1
Depreciation and amortization		57.2	50.6
TOTAL COSTS OF REVENUES		1,743.6	1,646.5
Selling, general, and administrative expenses		647.7	605.3
Interest expense		19.9	4.9
TOTAL EXPENSES		2,411.2	2,256.7
Other income, net		(23)	(47.7)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		528.7	505
Provision for income taxes		160	167.5
NET EARNINGS FROM CONTINUING OPERATIONS		368.7	337.5
LOSS FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES		0	(1.4)
Benefit for income taxes		0	(0.5)
NET LOSS FROM DISCONTINUED OPERATIONS		0	(0.9)
NET EARNINGS		$ 368.7	$ 336.6
Basic Earnings Per Share from Continuing Operations (in US$ per share)		$ 0.82	$ 0.73
Basic Loss Per Share from Discontinued Operations (in US$ per share)		0	0
BASIC EARNINGS PER SHARE (in US$ per share)		0.82	0.73
Diluted Earnings Per Share from Continuing Operations (in US$ per share)		0.81	0.72
Diluted Loss Per Share from Discontinued Operations (in US$ per share)		0	0
DILUTED EARNINGS PER SHARE (in US$ per share)		$ 0.81	$ 0.72
Basic weighted average shares outstanding (shares)		452.3	462.4
Diluted weighted average shares outstanding (shares)		455.3	465.7
Dividends declared per common share (in US$ per share)		$ 0.530	$ 0.490
[1]	Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes of $7,687.6 million and $6,865.3 million for the three months ended September 30, 2016 and 2015, respectively.

Statements Of Consolidated Ear3

Statements Of Consolidated Earnings (Unaudited) Parenthetical - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Direct Pass Through Costs P E O Revenues	$ 7,687.6	$ 6,865.3

Statements of Consolidated Comp

Statements of Consolidated Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Consolidated Statement of Comprehensive Income [Abstract]
Net earnings	$ 368.7	$ 336.6
Other comprehensive income/loss:
Currency translation adjustments	10.8	(22)
Unrealized net (losses)/gains on available-for-sale securities	(71.4)	53.4
Tax effect	26.2	(20)
Reclassification of net gains on available-for-sale securities to net earnings	(0.1)	0
Tax effect	0	0
Reclassification of pension liability adjustment to net earnings	5.1	2.9
Tax effect	(1.9)	(1.1)
Other comprehensive (loss)/income, net of tax	(31.3)	13.2
Comprehensive income	$ 337.4	$ 349.8

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2016	Jun. 30, 2016
Assets
Cash and cash equivalents	$ 2,776.6	$ 3,191.1
Short-term marketable securities	41	23.5
Accounts receivable, net of allowance for doubtful accounts of $42.1 and $38.1, respectively	1,620.6	1,742.8
Other current assets	898.8	701.8
Total current assets before funds held for clients	5,337	5,659.2
Funds held for clients	24,787.2	33,841.2
Total current assets	30,124.2	39,500.4
Long-term marketable securities	7.8	7.8
Long-term receivables, net of allowance for doubtful accounts of $0.8 and $0.5, respectively	26.6	27.1
Property, plant and equipment, net	701	685
Other assets	1,225.5	1,233.5
Goodwill	1,698.5	1,682
Intangible assets, net	553.8	534.2
Total assets	34,337.4	43,670
Current liabilities:
Accounts payable	117.8	152.3
Accrued expenses and other current liabilities	1,279.6	1,246.8
Accrued payroll and payroll-related expenses	413.2	616.7
Dividends payable	237.3	238.4
Short-term deferred revenues	220.6	233.2
Income taxes payable	101.7	28.2
Total current liabilities before client funds obligations	2,370.2	2,515.6
Client funds obligations	24,349.1	33,331.8
Total current liabilities	26,719.3	35,847.4
Long-term debt	2,007.7	2,007.7
Other liabilities	734	701.1
Deferred income taxes	244.5	251.1
Long-term deferred revenues	381.8	381.1
Total liabilities	30,087.3	39,188.4
Stockholders' equity:
Preferred stock, $1.00 par value: Authorized, 0.3 shares; issued, none	0	0
Common stock, $0.10 par value: authorized, 1,000.0 shares; issued, 638.7 shares at September 30, 2016 and June 30, 2016; outstanding, 453.1 and 455.7 shares at September 30, 2016 and June 30, 2016, respectively	63.9	63.9
Capital in excess of par value	750.4	768.1
Retained earnings	14,130.2	14,003.3
Treasury stock - at cost: 185.6 and 183.0 shares at September 30, 2016 and June 30, 2016, respectively	(10,448)	(10,138.6)
Accumulated other comprehensive loss	(246.4)	(215.1)
Total stockholders’ equity	4,250.1	4,481.6
Total liabilities and stockholders’ equity	$ 34,337.4	$ 43,670

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2016	Jun. 30, 2016
Statement of Financial Position [Abstract]
Allowance for doubtful accounts - trade receivables - Current	$ 42.1	$ 38.1
Allowance for doubtful accounts - trade receivables - Long-term	$ 0.8	$ 0.5
Preferred stock, par value	$ 1	$ 1
Preferred stock, shares authorized	300,000	300,000
Preferred stock, shares issued	0	0
Common stock, par value (usd per share)	$ 0.10	$ 0.10
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	638,700,000	638,700,000
Common stock, shares outstanding	453,100,000	455,700,000
Treasury stock, shares	185,600,000	183,000,000

Statements Of Consolidated Cash

Statements Of Consolidated Cash Flows - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Statement of Cash Flows [Abstract]
Cash and Cash Equivalents, at Carrying Value	$ 2,776.6	$ 3,184.7
Cash Flows from Operating Activities:
NET EARNINGS	368.7	336.6
Adjustments to reconcile net earnings to cash flows provided by operating activities:
Depreciation and amortization	77.6	68.8
Deferred income taxes	31.9	29.4
Stock-based compensation expense	31.1	34.7
Net pension expense	6.1	4.4
Net amortization of premiums and accretion of discounts on available-for-sale securities	23.2	24.1
Gain on sale of divested businesses, net of tax	0	(21.8)
Other	8.2	5.8
Changes in operating assets and liabilities, net of effects from acquisitions and divestitures of businesses:
Decrease / (increase) in accounts receivable	121	(32.3)
Increase in other assets	(221.6)	(249.2)
Decrease in accounts payable	(36.3)	(19.5)
Decrease in accrued expenses and other liabilities	(80.1)	(71.9)
Net cash flows provided by operating activities	329.8	109.1
Cash Flows from Investing Activities:
Purchases of corporate and client funds marketable securities	(1,171.1)	(859.8)
Proceeds from the sales and maturities of corporate and client funds marketable securities	900.1	1,255.3
Net decrease / (increase) in restricted cash and cash equivalents held to satisfy client funds obligations	9,160.8	(137.8)
Capital expenditures	(48.7)	(55.6)
Additions to intangibles	(57.2)	(45.4)
Acquisitions of businesses, net of cash acquired	(20)	0
Proceeds from the sale of divested businesses	0	162.5
Net cash flows provided by investing activities	8,763.9	319.2
Cash Flows from Financing Activities:
Net decrease in client funds obligations	(8,928.3)	(275.1)
Net proceeds from debt issuance	0	1,986.4
Payments of debt	(0.5)	(0.6)
Repurchases of common stock	(328.6)	(308.1)
Net proceeds from stock purchase plan and stock-based compensation plans	(14.4)	(22)
Dividends paid	(241.8)	(229)
Other	0	(23.4)
Net cash flows (used in) / provided by financing activities	(9,513.6)	1,128.2
Effect of exchange rate changes on cash and cash equivalents	5.4	(11.1)
Net change in cash and cash equivalents	(414.5)	1,545.4
Supplemental disclosures of cash flow information:
Cash paid for interest	33.4	2.4
Cash paid for income taxes, net of income tax refunds	$ 36.3	$ 18.7

Basis of Presentation

Basis of Presentation	3 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying Consolidated Financial Statements and footnotes thereto of Automatic Data Processing, Inc. and its subsidiaries (“ADP” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Consolidated Financial Statements and footnotes thereto are unaudited. In the opinion of the Company’s management, the Consolidated Financial Statements reflect all adjustments, which are of a normal recurring nature, that are necessary for a fair presentation of the Company’s interim financial results. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the assets, liabilities, revenue, expenses, and accumulated other comprehensive income that are reported in the Consolidated Financial Statements and footnotes thereto. Actual results may differ from those estimates. The Consolidated Financial Statements and all relevant footnotes have been adjusted for all businesses that qualify as a discontinued operation. The Interim Financial Data by Segment has been adjusted to reflect a change in the Company's segment profitability measure for all periods presented. Refer to Note 16 for further information. Interim financial results are not necessarily indicative of financial results for a full year. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2016 (“fiscal 2016 ”).

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Sep. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	New Accounting Pronouncements Recently Adopted Accounting Pronouncements In July 2016, the Company adopted Accounting Standards Update ("ASU") 2016-09, "Compensation - Stock Compensation - Improvements to Employee Share-Based Payment Accounting (Topic 718)." As a result of this standard, the Company prospectively recorded income tax benefits and deficiencies with respect to stock-based compensation as income tax expense or benefit in the income statement for periods beginning after July 1, 2016. This resulted in a $15.5 million benefit in our income tax expense for the three months ended September 30, 2016. The Company retrospectively classified excess tax benefits as an operating activity on the Statements of Consolidated Cash Flows, which increased operating cash flows and decreased financing cash flows by $15.9 million for the three months ended September 30, 2015 . Refer to Note 13 for the impact of the prospective adoption of the excess tax benefits in the income statement for the three months ended September 30, 2016 . In July 2016, the Company prospectively adopted ASU 2015-05, "Customer's Accounting for Fees Paid in a Cloud Computing Arrangement." The update provides guidance on whether a cloud computing arrangement includes a software license. For new and materially modified cloud computing arrangements that include a software license entered into after July 1, 2016, the Company accounted for the software license element consistent with the acquisition of other software licenses. If the new or materially modified cloud computing arrangement did not include a software license, the Company accounted for the arrangement as a service contract. The adoption of ASU 2015-05 did not have a material impact on the Company's consolidated results of operations, financial condition, or cash flows. In July 2016, the Company prospectively adopted ASU 2015-04, "Compensation - Retirement Benefits (Topic 715): Practical Expedient for the Measurement Date of an Employer's Defined Benefit Obligation and Plan Assets." The update allows an entity to remeasure their pension and other post-retirement benefit plan assets and liabilities at the month-end closest to a significant event such as a plan amendment, curtailment, or settlement. The adoption had no impact on the Company's consolidated results of operations, financial condition, or cash flows as presented, however the future impact of ASU 2015-04 will be dependent upon the nature of future significant events impacting the Company's pension plans, if any. Recently Issued Accounting Pronouncements In June 2016, the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments." ASU 2016-13 requires that credit losses relating to available-for-sale debt securities will be recorded through an allowance for credit losses rather than as a direct write-down to the security. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within that reporting period. Early adoption is permitted for annual periods beginning after December 15, 2018. The adoption of ASU 2016-13 is not expected to have a material impact on the Company's consolidated results of operations, financial condition, or cash flows. In February 2016, FASB issued ASU 2016-02, "Leases (Topic 842)." This update amends the existing accounting standards for lease accounting, and requires lessees to recognize most lease assets and lease liabilities on the balance sheet and to disclose key information about leasing arrangements. ASU 2016-02 requires a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application. ASU 2016-02 will be effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company has not yet determined the impact of ASU 2016-02 on its consolidated results of operations, financial condition, or cash flows. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)," which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance, and has since issued additional amendments to ASU 2014-09. These new standards require an entity to recognize revenue depicting the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new standards will also result in enhanced revenue related disclosures. Entities have the option to apply the new guidance under a retrospective approach to each prior reporting period presented or a modified retrospective approach with the cumulative effect of initially applying the new guidance recognized at the date of initial application within the Statements of Consolidated Financial Position. The new standards are effective for fiscal years, and interim reporting periods within those years, beginning after December 15, 2017. Early adoption is permitted. The Company has not yet determined the impact of these new revenue recognition standards on its consolidated results of operations, financial condition, or cash flows.

Acquisition

Acquisition	3 Months Ended
	Sep. 30, 2016
Business Combinations [Abstract]
Acquisition	Acquisition The Company acquired one business during the three months ended September 30, 2016 for $20.0 million , net of cash acquired. The acquisition was not material to the Company's results of operations, financial position, or cash flows and, therefore, the pro forma impact of this acquisition is not presented. Assets acquired and liabilities assumed in the business combination were recorded on the Company’s Consolidated Balance Sheets as of the acquisition date based upon the estimated fair value at such date. The results of operations of the business acquired by the Company have been included in the Statements of Consolidated Earnings since the date of acquisition. The excess of the purchase price over the estimated fair value of the underlying assets acquired and liabilities assumed was allocated to goodwill. The allocation of the excess purchase price was based upon preliminary estimates and assumptions and is subject to revision when the Company receives final information. Accordingly, the measurement period for such purchase price allocations will end when the information, or the facts and circumstances, becomes available, but will not exceed twelve months.

Divestiture

Divestiture	3 Months Ended
	Sep. 30, 2016
Divestiture [Abstract]
Divestiture	Disposition On September 1, 2015 , the Company completed the sale of its AdvancedMD ("AMD") business for a pre-tax gain of $29.1 million , less costs to sell, and recorded such gain within Other income, net on the Statements of Consolidated Earnings. The Company determined that the disposition did not meet the criteria for reporting discontinued operations under ASU 2014-08, which was adopted prospectively on July 1, 2015, as the disposition of this business does not represent a strategic shift that has a major effect on the Company's operations or financial results.

Service Alignment Initiative Se

Service Alignment Initiative Service Alignment Initiative	3 Months Ended
	Sep. 30, 2016
Restructuring and Related Activities [Abstract]
Service Alignment Initiative	Service Alignment Initiative On July 28, 2016, the Company announced a Service Alignment Initiative that is intended to simplify the Company's service organization to align the Company's service operations to its strategic platforms. In addition to improving the client service experience, this initiative is expected to augment the Company's service capabilities by building aligned service capabilities within strategic locations. In fiscal 2016, the Company entered into leases in Norfolk, Virginia and Maitland, Florida, and in October 2016, the Company entered into a lease at a third location, in the Western part of the U.S., as part of this effort. The Company began incurring charges for this initiative in the three months ended September 30, 2016 and expects to continue to incur charges throughout the year ended June 30, 2017 ("fiscal 2017 ") and the year ended June 30, 2018 ("fiscal 2018") as the initiative is executed. The charges primarily relate to employee separation benefits recognized under Accounting Standards Codification ("ASC") 712, and also include charges for the relocation of certain current Company employees and accelerated depreciation of fixed assets. As the initiative further develops in fiscal 2017 and fiscal 2018, the Company also expects to incur charges related to lease termination costs. The Company expects to recognize pre-tax restructuring charges in the range of $100 million to $125 million through fiscal 2018, consisting primarily of cash expenditures for employee separation benefits in the range of $75 million to $85 million and other one-time costs in the range of $25 million to $40 million . The table below summarizes the Company's Service Alignment Initiative activity for fiscal 2017 : Employee separation benefits (a) Other one time costs (b) Total Balance at June 30, 2016 $ — $ — $ — Charged to expense (c) 37.3 2.6 39.9 Cash payments — (0.6 ) (0.6 ) Non-cash utilization — (1.4 ) (1.4 ) Balance at September 30, 2016 $ 37.3 $ 0.6 $ 37.9 (a) - Charges are recorded in selling, general and administrative expenses on the Statements of Consolidated Earnings. (b) - Other one time costs include costs to relocate certain current Company employees to new locations (included within selling, general and administrative expenses on the Statements of Consolidated Earnings) and accelerated depreciation on fixed assets (included within depreciation and amortization on the Statements of Consolidated Earnings). (c) - All charges are included within the Other segment.

Earnings per Share

Earnings per Share	3 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share (EPS)	Earnings per Share (“EPS”) Basic Effect of Employee Stock Option Shares Effect of Employee Restricted Stock Shares Diluted Three Months Ended September 30, 2016 Net earnings from continuing operations $ 368.7 $ 368.7 Weighted average shares (in millions) 452.3 1.2 1.8 455.3 EPS from continuing operations $ 0.82 $ 0.81 Three Months Ended September 30, 2015 Net earnings from continuing operations $ 337.5 $ 337.5 Weighted average shares (in millions) 462.4 1.3 2.0 465.7 EPS from continuing operations $ 0.73 $ 0.72 Options to purchase 0.4 million and 1.3 million shares of common stock for the three months ended September 30, 2016 and 2015, respectively, were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.

Other Income, net

Other Income, net	3 Months Ended
	Sep. 30, 2016
Other Income and Expenses [Abstract]
Other Income, net	Other Income, Net Three Months Ended September 30, 2016 2015 Interest income on corporate funds $ (22.9 ) $ (18.6 ) Realized gains on available-for-sale securities (0.4 ) (0.9 ) Realized losses on available-for-sale securities 0.3 0.9 Gain on sale of AMD (see Note 4) — (29.1 ) Other income, net $ (23.0 ) $ (47.7 )

Corporate Investments And Funds

Corporate Investments And Funds Held For Clients	3 Months Ended
	Sep. 30, 2016
Corporate Investments And Funds Held For Clients [Abstract]
Corporate Investments And Funds Held For Clients	Corporate Investments and Funds Held for Clients Corporate investments and funds held for clients at September 30, 2016 and June 30, 2016 were as follows: September 30, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Market Value (A) Type of issue: Money market securities, cash and other cash equivalents $ 5,861.6 $ — $ — $ 5,861.6 Available-for-sale securities: Corporate bonds 9,275.7 230.1 (1.7 ) 9,504.1 U.S. government agencies 4,092.8 71.4 (0.1 ) 4,164.1 Asset-backed securities 4,134.6 54.5 (0.4 ) 4,188.7 Canadian government obligations and 984.9 12.0 — 996.9 Canadian provincial bonds 721.6 27.7 — 749.3 U.S. Treasury securities 947.6 11.6 — 959.2 Municipal bonds 617.1 19.9 (0.6 ) 636.4 Other securities 538.0 14.5 (0.2 ) 552.3 Total available-for-sale securities 21,312.3 441.7 (3.0 ) 21,751.0 Total corporate investments and funds held for clients $ 27,173.9 $ 441.7 $ (3.0 ) $ 27,612.6 (A) Included within available-for-sale securities are corporate investments with fair values of $48.8 million and funds held for clients with fair values of $21,702.2 million . All available-for-sale securities were included in Level 2 of the fair value hierarchy. June 30, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Market Value (B) Type of issue: Money market securities, cash and other cash equivalents $ 15,458.6 $ — $ — $ 15,458.6 Available-for-sale securities: Corporate bonds 9,429.2 261.8 (0.6 ) 9,690.4 U.S. government agency securities 4,298.8 91.3 — 4,390.1 Asset-backed securities 3,761.9 59.0 (0.3 ) 3,820.6 Canadian government obligations and 995.1 12.8 — 1,007.9 Canadian provincial bonds 735.4 30.8 (0.1 ) 766.1 U.S. Treasury securities 746.9 16.3 — 763.2 Municipal bonds 594.2 23.9 (0.3 ) 617.8 Other securities 533.3 15.8 (0.2 ) 548.9 Total available-for-sale securities 21,094.8 511.7 (1.5 ) 21,605.0 Total corporate investments and funds held for clients $ 36,553.4 $ 511.7 $ (1.5 ) $ 37,063.6 (B) Included within available-for-sale securities are corporate investments with fair values of $31.3 million and funds held for clients with fair values of $21,573.7 million . All available-for-sale securities were included in Level 2 of the fair value hierarchy. For a description of the fair value hierarchy and the Company's fair value methodologies, including the use of an independent third-party pricing service, see Note 1 "Summary of Significant Accounting Policies" in the Company's Annual Report on Form 10-K for fiscal 2016 . The Company did not transfer any assets between Levels during the three months ended September 30, 2016 or fiscal 2016 . In addition, the Company did not adjust the prices obtained from the independent pricing service. The Company has no available-for-sale securities included in Level 1 or Level 3 as of September 30, 2016 . The unrealized losses and fair values of available-for-sale securities that have been in an unrealized loss position for a period of less than and greater than 12 months as of September 30, 2016 , are as follows: September 30, 2016 Securities in Unrealized Loss Position Less Than 12 Months Securities in Unrealized Loss Position Greater Than 12 Months Total Gross Fair Market Value Gross Fair Market Value Gross Unrealized Losses Fair Market Value Corporate bonds $ (1.7 ) $ 474.8 $ — $ 41.4 $ (1.7 ) $ 516.2 U.S. government agencies (0.1 ) 94.8 — — (0.1 ) 94.8 Asset-backed securities (0.3 ) 294.2 (0.1 ) 132.6 (0.4 ) 426.8 Canadian government obligations and — 7.6 — — — 7.6 Canadian provincial bonds — 27.0 — 7.7 — 34.7 U.S. Treasury securities — 2.1 — — — 2.1 Municipal bonds (0.4 ) 61.5 (0.2 ) 8.1 (0.6 ) 69.6 Other securities (0.1 ) 12.2 (0.1 ) 4.9 (0.2 ) 17.1 $ (2.6 ) $ 974.2 $ (0.4 ) $ 194.7 $ (3.0 ) $ 1,168.9 The unrealized losses and fair values of available-for-sale securities that have been in an unrealized loss position for a period of less than and greater than 12 months as of June 30, 2016 , are as follows: June 30, 2016 Securities in Unrealized Loss Position Less Than 12 Months Securities in Unrealized Loss Position Greater Than 12 Months Total Gross Fair Market Value Gross Fair Market Value Gross Unrealized Losses Fair Market Value Corporate bonds $ (0.5 ) $ 138.0 $ (0.1 ) $ 35.1 $ (0.6 ) $ 173.1 U.S. government agencies — — — — — — Asset-backed securities (0.1 ) 58.8 (0.2 ) 154.8 (0.3 ) 213.6 Canadian government obligations and — 53.2 — — — 53.2 Canadian provincial bonds (0.1 ) 19.1 — 7.8 (0.1 ) 26.9 U.S. Treasury securities — 3.4 — 1.6 — 5.0 Municipal bonds — 12.9 (0.3 ) 10.6 (0.3 ) 23.5 Other securities (0.1 ) 10.5 (0.1 ) 8.0 (0.2 ) 18.5 $ (0.8 ) $ 295.9 $ (0.7 ) $ 217.9 $ (1.5 ) $ 513.8 At September 30, 2016 , corporate bonds include investment-grade debt securities, which include a wide variety of issuers, industries, and sectors, primarily carry credit ratings of A and above, and have maturities ranging from October 2016 to May 2024 . At September 30, 2016 , U.S. government agency securities primarily include debt directly issued by Federal Home Loan Banks and Federal Farm Credit Banks with fair values of $3,024.7 million and $944.6 million , respectively. U.S. government agency securities represent senior, unsecured, non-callable debt that primarily carry ratings of Aaa by Moody's and AA+ by Standard & Poor's with maturities ranging from October 2016 through September 2024 . At September 30, 2016 , asset-backed securities include AAA rated senior tranches of securities with predominantly prime collateral of fixed-rate credit card, auto loan, equipment lease, and rate reduction receivables with fair values of $2,285.4 million , $1,270.7 million , $382.3 million , and $250.2 million respectively. These securities are collateralized by the cash flows of the underlying pools of receivables. The primary risk associated with these securities is the collection risk of the underlying receivables. All collateral on such asset-backed securities has performed as expected through September 30, 2016 . At September 30, 2016 , other securities and their fair value primarily represent: AAA and AA rated supranational bonds of $188.6 million , AAA and AA rated sovereign bonds of $166.6 million , and AA rated mortgage-backed securities of $103.1 million that are guaranteed primarily by Federal National Mortgage Association ("Fannie Mae"). The Company's mortgage-backed securities represent an undivided beneficial ownership interest in a group or pool of one or more residential mortgages. These securities are collateralized by the cash flows of 15 -year and 30 -year residential mortgages and are guaranteed by Fannie Mae as to the timely payment of principal and interest. Classification of corporate investments on the Consolidated Balance Sheets is as follows: September 30, June 30, 2016 2016 Corporate investments: Cash and cash equivalents $ 2,776.6 $ 3,191.1 Short-term marketable securities 41.0 23.5 Long-term marketable securities 7.8 7.8 Total corporate investments $ 2,825.4 $ 3,222.4 Funds held for clients represent assets that, based upon the Company's intent, are restricted for use solely for the purposes of satisfying the obligations to remit funds relating to the Company’s payroll and payroll tax filing services, which are classified as client funds obligations on our Consolidated Balance Sheets. Funds held for clients have been invested in the following categories: September 30, June 30, 2016 2016 Funds held for clients: Restricted cash and cash equivalents held to satisfy client funds obligations $ 3,085.0 $ 12,267.5 Restricted short-term marketable securities held to satisfy client funds obligations 3,137.2 3,032.1 Restricted long-term marketable securities held to satisfy client funds obligations 18,565.0 18,541.6 Total funds held for clients $ 24,787.2 $ 33,841.2 Client funds obligations represent the Company's contractual obligations to remit funds to satisfy clients' payroll and tax payment obligations and are recorded on the Consolidated Balance Sheets at the time that the Company impounds funds from clients. The client funds obligations represent liabilities that will be repaid within one year of the balance sheet date. The Company has reported client funds obligations as a current liability on the Consolidated Balance Sheets totaling $24,349.1 million and $33,331.8 million as of September 30, 2016 and June 30, 2016 , respectively. The Company has classified funds held for clients as a current asset since these funds are held solely for the purposes of satisfying the client funds obligations. The Company has reported the cash flows related to the purchases of corporate and client funds marketable securities and related to the proceeds from the sales and maturities of corporate and client funds marketable securities on a gross basis in the investing section of the Statements of Consolidated Cash Flows. The Company has reported the cash inflows and outflows related to client funds investments with original maturities of ninety days or less on a net basis within net increase in restricted cash and cash equivalents and other restricted assets held to satisfy client funds obligations in the investing section of the Statements of Consolidated Cash Flows. The Company has reported the cash flows related to the cash received from and paid on behalf of clients on a net basis within net increase in client funds obligations in the financing activities section of the Statements of Consolidated Cash Flows. Approximately 80% of the available-for-sale securities held a AAA or AA rating at September 30, 2016 , as rated by Moody's, Standard & Poor's and, for Canadian securities, DBRS. All available-for-sale securities were rated as investment grade at September 30, 2016 . Expected maturities of available-for-sale securities at September 30, 2016 are as follows: One year or less $ 3,178.2 One year to two years 2,525.4 Two years to three years 4,039.2 Three years to four years 4,486.9 After four years 7,521.3 Total available-for-sale securities $ 21,751.0

Goodwill And Intangible Assets,

Goodwill And Intangible Assets, Net	3 Months Ended
	Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill And Intangible Assets, Net	Goodwill and Intangibles Assets, net Changes in goodwill for the three months ended September 30, 2016 are as follows: Employer Services PEO Services Total Balance at June 30, 2016 $ 1,677.2 $ 4.8 $ 1,682.0 Additions and other adjustments, net 13.2 — 13.2 Currency translation adjustments 3.3 — 3.3 Balance at September 30, 2016 $ 1,693.7 $ 4.8 $ 1,698.5 Components of intangible assets, net, are as follows: September 30, June 30, 2016 2016 Intangible assets: Software and software licenses $ 1,862.3 $ 1,811.6 Customer contracts and lists 612.0 603.7 Other intangibles 208.1 207.8 2,682.4 2,623.1 Less accumulated amortization: Software and software licenses (1,435.9 ) (1,403.8 ) Customer contracts and lists (491.9 ) (486.4 ) Other intangibles (200.8 ) (198.7 ) (2,128.6 ) (2,088.9 ) Intangible assets, net $ 553.8 $ 534.2 Other intangibles consist primarily of purchased rights and trademarks (acquired directly or through acquisitions). All intangible assets have finite lives and, as such, are subject to amortization. The weighted average remaining useful life of the intangible assets is 5 years ( 4 years for software and software licenses, 9 years for customer contracts and lists, and 2 years for other intangibles). Amortization of intangible assets was $42.6 million and $35.7 million for the three months ended September 30, 2016 and 2015 , respectively. Estimated future amortization expenses of the Company's existing intangible assets are as follows: Amount Nine months ending June 30, 2017 $ 118.3 Twelve months ending June 30, 2018 $ 134.3 Twelve months ending June 30, 2019 $ 98.9 Twelve months ending June 30, 2020 $ 70.6 Twelve months ending June 30, 2021 $ 53.4 Twelve months ending June 30, 2022 $ 41.3

Short-Term Financing

Short-Term Financing	3 Months Ended
	Sep. 30, 2016
Short-Term Financing [Abstract]
Short-Term Financing	. Short-term Financing The Company has a $3.25 billion , 364 -day credit agreement with a group of lenders that matures in June 2017 . The Company also has a $2.25 billion five -year credit facility that matures in June 2020 that also contains an accordion feature under which the aggregate commitment can be increased by $500 million , subject to the availability of additional commitments. In addition, the Company has a five -year $3.75 billion credit facility maturing in June 2021 that contains an accordion feature under which the aggregate commitment can be increased by $500 million , subject to the availability of additional commitments. The interest rate applicable to committed borrowings is tied to LIBOR, the effective federal funds rate, or the prime rate, depending on the notification provided by the Company to the syndicated financial institutions prior to borrowing. The Company is also required to pay facility fees on the credit agreements. The primary uses of the credit facilities are to provide liquidity to the commercial paper program and funding for general corporate purposes, if necessary. The Company had no borrowings through September 30, 2016 under the credit agreements. The Company's U.S. short-term funding requirements related to client funds are sometimes obtained on an unsecured basis through the issuance of commercial paper, rather than liquidating previously-collected client funds that have already been invested in available-for-sale securities. This commercial paper program provides for the issuance of up to $9.25 billion in aggregate maturity value. The Company’s commercial paper program is rated A-1+ by Standard & Poor’s and Prime-1 by Moody’s. These ratings denote the highest quality commercial paper securities. Maturities of commercial paper can range from overnight to up to 364 days . At September 30, 2016 and June 30, 2016 , the Company had no commercial paper outstanding. For the three months ended September 30, 2016 and 2015 , the Company had average daily borrowings of $4.1 billion and $3.5 billion , respectively, at weighted average interest rates of 0.4% and 0.2% , respectively. The weighted average maturity of the Company’s commercial paper during the three months ended September 30, 2016 was approximately two days . The Company’s U.S. and Canadian short-term funding requirements related to client funds obligations are sometimes obtained on a secured basis through the use of reverse repurchase agreements, which are collateralized principally by government and government agency securities, rather than liquidating previously-collected client funds that have already been invested in available-for-sale securities. These agreements generally have terms ranging from overnight to up to five business days . At September 30, 2016 and June 30, 2016 , there were no outstanding obligations related to the reverse repurchase agreements. For the three months ended September 30, 2016 and 2015 , the Company had average outstanding balances under reverse repurchase agreements of $359.3 million and $485.6 million , respectively, at weighted average interest rates of 0.6% and 0.4% , respectively.

Long Term Debt Long Term Debt (

Long Term Debt Long Term Debt (Notes)	3 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Long Term Debt	. Long-term Debt The Company has fixed-rate notes with 5 -year and 10 -year maturities for an aggregate principal amount of $2.0 billion (collectively the “Notes”). The Notes are senior unsecured obligations, and interest is payable in arrears, semi-annually. The principal amounts and associated effective interest rates of the Notes and other debt as of September 30, 2016 and June 30, 2016 , are as follows: Debt instrument Effective Interest Rate September 30, 2016 June 30, 2016 Fixed-rate 2.250% notes due September 15, 2020 2.37% $ 1,000.0 $ 1,000.0 Fixed-rate 3.375% notes due September 15, 2025 3.47% 1,000.0 1,000.0 Other 21.8 22.3 2,021.8 2,022.3 Less: current portion (2.5 ) (2.5 ) Less: unamortized discount and debt issuance costs (11.6 ) (12.1 ) Total long-term debt $ 2,007.7 $ 2,007.7 The effective interest rates for the Notes include the interest on the Notes and amortization of the discount and debt issuance costs. As of September 30, 2016 , the fair value of the Notes, based on Level 2 inputs, was $2,122.8 million . For a description of the fair value hierarchy and the Company's fair value methodologies, including the use of an independent third-party service, see Note 1 "Summary of Significant Accounting Policies" in the Company's Annual Report on Form 10-K for fiscal 2016 .

Employee Benefit Plans

Employee Benefit Plans	3 Months Ended
	Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	Employee Benefit Plans A. Stock-based Compensation Plans The Company's share-based compensation consists of stock options, time-based restricted stock, time-based restricted stock units, performance-based restricted stock and performance-based restricted stock units. The Company also offers an employee stock purchase plan for eligible employees. See the Company's Annual Report on Form 10-K for the year ended June 30, 2016, for a detailed description of the Company's stock-based compensation awards and employee stock purchase plan, including information related to vesting terms, service and performance conditions, and payout percentages. Also, see the Company's Annual Report on Form 10-K for the year ended June 30, 2016 for a discussion of the Company's process for estimating the fair value of stock options granted. The Company currently utilizes treasury stock to satisfy stock option exercises, issuances under the Company's employee stock purchase plan, and restricted stock awards. From time to time, the Company may repurchase shares of its common stock under its authorized share repurchase programs. The Company repurchased 4.0 million and 4.2 million shares in the three months ended September 30, 2016 and 2015 , respectively. The Company considers several factors in determining when to execute share repurchases, including, among other things, actual and potential acquisition activity, cash balances and cash flows, issuances due to employee benefit plan activity, and market conditions. The following table represents stock-based compensation expense and related income tax benefits for the three months ended September 30, 2016 and 2015 , respectively: Three Months Ended September 30, 2016 2015 Operating expenses $ 5.6 $ 5.9 Selling, general and administrative expenses 21.5 24.3 System development and programming costs 4.0 4.5 Total pre-tax stock-based compensation expense $ 31.1 $ 34.7 Income tax benefit $ 11.2 $ 12.6 As of September 30, 2016 , the total remaining unrecognized compensation cost related to unvested stock options, restricted stock units, and restricted stock awards amounted to $24.9 million , $54.7 million , and $119.3 million , respectively, which will be amortized over the weighted-average remaining requisite service periods of 2.1 years , 1.7 years , and 1.6 years , respectively. During the three months ended September 30, 2016 , the following activity occurred under the Company’s existing plans: Stock Options: Number of Options (in thousands) Weighted Average Price (in dollars) Options outstanding at July 1, 2016 4,869 $ 65 Options granted 1,231 $ 91 Options exercised (373 ) $ 52 Options canceled/forfeited (104 ) $ 81 Options outstanding at September 30, 2016 5,623 $ 71 Time-Based Restricted Stock and Time-Based Restricted Stock Units: Number of Shares (in thousands) Number of Units (in thousands) Restricted shares/units outstanding at July 1, 2016 1,889 434 Restricted shares/units granted 840 199 Restricted shares/units vested (842 ) (201 ) Restricted shares/units forfeited (42 ) (6 ) Restricted shares/units outstanding at September 30, 2016 1,845 426 Performance-Based Restricted Stock and Performance-Based Restricted Stock Units: Number of Shares (in thousands) Number of Units (in thousands) Restricted shares/units outstanding at July 1, 2016 574 811 Restricted shares/units granted 171 285 Restricted shares/units vested (311 ) (272 ) Restricted shares/units forfeited (8 ) (73 ) Restricted shares/units outstanding at September 30, 2016 426 751 The fair value for stock options granted was estimated at the date of grant using the following assumptions: Three Months Ended September 30, 2016 2015 Risk-free interest rate 1.2 % 1.6 % Dividend yield 2.3 % 2.6 % Weighted average volatility factor 23.2 % 25.6 % Weighted average expected life (in years) 5.4 5.4 Weighted average fair value (in dollars) $ 14.36 $ 13.16 B. Pension Plans The components of net pension expense were as follows: Three Months Ended September 30, 2016 2015 Service cost – benefits earned during the period $ 20.2 $ 17.6 Interest cost on projected benefits 15.1 16.9 Expected return on plan assets (34.0 ) (32.9 ) Net amortization and deferral 4.8 2.8 Net pension expense $ 6.1 $ 4.4

Income Taxes

Income Taxes	3 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective tax rate for the three months ended September 30, 2016 and 2015 was 30.3% and 33.2% , respectively. The decrease in the effective tax rate is due to the adoption of ASU 2016-09 related to the new accounting guidance for excess tax benefits on stock-based compensation (as further explained in Note 2 ), which decreased the Company's effective tax rate by 290 basis points, and adjustments to the tax liability in the three months ended September 30, 2016 . These decreases were partially offset by a lower benefit related to the usage of foreign tax credits compared to the three months ended September 30, 2015 .

Commitments And Contingencies

Commitments And Contingencies	3 Months Ended
	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	Commitments and Contingencies In July 2016, Uniloc USA, Inc. and Uniloc Luxembourg, S.A. (“Uniloc”) filed a lawsuit against the Company in the United States District Court for the Eastern District of Texas alleging that Company products and services infringe four patents. Uniloc alleges infringement of its patents concerning centralized management of application programs on a network, distribution of application programs to a target station on a network, management of configurable application programs on a network, and license use management on a network. The complaint seeks unspecified monetary damages, costs, and injunctive relief. This litigation is still in its earliest stages and the Company is unable to estimate any reasonably possible loss, or range of loss, with respect to this matter. The Company intends to vigorously defend against this lawsuit. During the second quarter of fiscal 2016, in the course of a compliance review of its clients and vendors globally, the Company determined that subsidiaries of the Company had previously entered into service arrangements outside the United States of America ("U.S.") with several entities that are designated as Specially Designated Nationals (“SDNs”) by the Office of Foreign Assets Control (“OFAC”) of the U.S. Department of Treasury. Under these service arrangements, the Company provided managed service solutions to the SDNs. Immediately following the discovery of such service arrangements, the Company terminated the service arrangements with each SDN. The Company voluntarily notified OFAC of the service arrangements and cooperated fully with OFAC. In September 2016, the Company received a response from OFAC indicating that it had completed its review of this matter and decided to address this matter by issuing the Company a cautionary letter instead of pursuing a civil monetary penalty. The cautionary letter represents OFAC’s final enforcement response to the disclosed matter, but does not constitute a final agency determination as to whether a violation occurred. The letter does not preclude OFAC from taking future enforcement action should new or additional information warrant renewed attention. The Company does not expect any new or additional information. The Company is subject to various claims, litigation and regulatory compliance matters in the normal course of business. When a loss is considered probable and reasonably estimable, the Company records a liability in the amount of its best estimate for the ultimate loss. Management currently believes that the resolution of these claims, litigation and regulatory compliance matters against us, individually or in the aggregate, will not have a material adverse impact on our consolidated results of operations, financial condition or cash flows. These matters are subject to inherent uncertainties and management's view of these matters may change in the future. It is not the Company’s business practice to enter into off-balance sheet arrangements. In the normal course of business, the Company may enter into contracts in which it makes representations and warranties that relate to the performance of the Company’s services and products. The Company does not expect any material losses related to such representations and warranties. In October 2016, the Company entered into a significant facility lease agreement in support of the Service Alignment Initiative (see Note 5), resulting in incremental obligations as follows: Years ending June 30, 2018 $ 1.4 2019 5.4 2020 5.5 2021 5.7 Thereafter 41.9 $ 59.9

Reclassification out of Accumul

Reclassification out of Accumulated Other Comprehensive Income	3 Months Ended
	Sep. 30, 2016
Reclassification out of Accumulated Other Comprehensive Income [Abstract]
Reclassification out of Accumulated Other Comprehensive Income (AOCI)	Reclassifications out of Accumulated Other Comprehensive Income ("AOCI") Changes in AOCI by component are as follows: Three Months Ended September 30, 2016 Currency Translation Adjustment Net Gains/Losses on Available-for-sale Securities Pension Liability Accumulated Other Comprehensive (Loss)/Income Balance at June 30, 2016 $ (253.8 ) $ 333.8 $ (295.1 ) $ (215.1 ) Other comprehensive income/(loss) before reclassification adjustments 10.8 (71.4 ) — (60.6 ) Tax effect — 26.2 — 26.2 Reclassification adjustments to — (0.1 ) (A) 5.1 (B) 5.0 Tax effect — — (1.9 ) (1.9 ) Balance at September 30, 2016 $ (243.0 ) $ 288.5 $ (291.9 ) $ (246.4 ) Three Months Ended September 30, 2015 Currency Translation Adjustment Net Gains/Losses on Available-for-sale Securities Pension Liability Accumulated Other Comprehensive (Loss)/Income Balance at June 30, 2015 $ (228.3 ) $ 143.9 $ (176.2 ) $ (260.6 ) Other comprehensive (loss)/income before reclassification adjustments (22.0 ) 53.4 — 31.4 Tax effect — (20.0 ) — (20.0 ) Reclassification adjustments to net earnings — — (A) 2.9 (B) 2.9 Tax effect — — (1.1 ) (1.1 ) Balance at September 30, 2015 $ (250.3 ) $ 177.3 $ (174.4 ) $ (247.4 ) (A) Reclassification adjustments out of AOCI are included within Other income, net, on the Statements of Consolidated Earnings. (B) Reclassification adjustments out of AOCI are included in net pension expense (see Note 12 ).

Interim Financial Data By Segme

Interim Financial Data By Segment	3 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Interim Financial Data By Segment	Interim Financial Data by Segment Based upon similar economic and operational characteristics, the Company’s strategic business units have been aggregated into the following two reportable segments: Employer Services and PEO Services. The primary components of the “Other” segment are the results of operations of ADP Indemnity (a wholly-owned captive insurance company that provides workers’ compensation and employee’s liability deductible reimbursement insurance protection for PEO Services’ worksite employees), non-recurring gains and losses, miscellaneous processing services, the elimination of intercompany transactions, interest expense, certain charges, and expenses that have not been allocated to the reportable segments. Beginning in the first quarter of fiscal 2017, the Company's chief operating decision maker began reviewing the Company's results with stock-based compensation included in the Company's operating segments. This change, as well as changes to the allocation methodology for certain allocations, has been adjusted in both the current period and the prior period in the table below, and did not materially affect reportable segment results. Certain revenues and expenses are charged to the reportable segments at a standard rate for management reasons. Other costs are recorded based on management responsibility. There is a reconciling item for the difference between actual interest income earned on invested funds held for clients and interest credited to Employer Services and PEO Services at a standard rate of 4.5% . This allocation is made for management reasons so that the reportable segments' results are presented on a consistent basis without the impact of fluctuations in interest rates. This reconciling adjustment to the reportable segments' revenues and earnings from continuing operations before income taxes is eliminated in consolidation. Segment Results: Revenues from Continuing Operations Three Months Ended September 30, 2016 2015 Employer Services $ 2,261.2 $ 2,130.8 PEO Services 794.7 701.5 Other (3.6 ) 10.7 Reconciling item: Client fund interest (135.4 ) (129.0 ) $ 2,916.9 $ 2,714.0 Earnings from Continuing Operations before Income Taxes Three Months Ended September 30, 2016 2015 Employer Services $ 656.6 $ 570.3 PEO Services 107.1 88.3 Other (99.6 ) (24.6 ) Reconciling item: Client fund interest (135.4 ) (129.0 ) $ 528.7 $ 505.0

Subsequent Events

Subsequent Events	3 Months Ended
	Sep. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events With the exception of the item discussed below and the new obligation discussed in Note 14 , there are no further subsequent events for disclosure. In November 2016, the Company signed an agreement to sell its Consumer Health Spending Account ("CHSA") and Consolidated Omnibus Reconciliation Act ("COBRA") businesses for $235 million . The results of operations of these businesses are currently included within the Employer Services segment. The Company expects the sale to be completed during the second quarter of fiscal 2017, subject to normal and customary closing conditions. The transaction is expected to create a fiscal 2017 pre-tax gain of approximately $200 million .

Service Alignment Initiative (T

Service Alignment Initiative (Tables)	3 Months Ended
	Sep. 30, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	The table below summarizes the Company's Service Alignment Initiative activity for fiscal 2017 : Employee separation benefits (a) Other one time costs (b) Total Balance at June 30, 2016 $ — $ — $ — Charged to expense (c) 37.3 2.6 39.9 Cash payments — (0.6 ) (0.6 ) Non-cash utilization — (1.4 ) (1.4 ) Balance at September 30, 2016 $ 37.3 $ 0.6 $ 37.9 (a) - Charges are recorded in selling, general and administrative expenses on the Statements of Consolidated Earnings. (b) - Other one time costs include costs to relocate certain current Company employees to new locations (included within selling, general and administrative expenses on the Statements of Consolidated Earnings) and accelerated depreciation on fixed assets (included within depreciation and amortization on the Statements of Consolidated Earnings). (c) - All charges are included within the Other segment.

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Basic Effect of Employee Stock Option Shares Effect of Employee Restricted Stock Shares Diluted Three Months Ended September 30, 2016 Net earnings from continuing operations $ 368.7 $ 368.7 Weighted average shares (in millions) 452.3 1.2 1.8 455.3 EPS from continuing operations $ 0.82 $ 0.81 Three Months Ended September 30, 2015 Net earnings from continuing operations $ 337.5 $ 337.5 Weighted average shares (in millions) 462.4 1.3 2.0 465.7 EPS from continuing operations $ 0.73 $ 0.72

Other Income, Net (Tables)

Other Income, Net (Tables)	3 Months Ended
	Sep. 30, 2016
Other Income and Expenses [Abstract]
Other Income, net	Three Months Ended September 30, 2016 2015 Interest income on corporate funds $ (22.9 ) $ (18.6 ) Realized gains on available-for-sale securities (0.4 ) (0.9 ) Realized losses on available-for-sale securities 0.3 0.9 Gain on sale of AMD (see Note 4) — (29.1 ) Other income, net $ (23.0 ) $ (47.7 )

Corporate Investments And Fun28

Corporate Investments And Funds Held For Clients (Tables)	3 Months Ended
	Sep. 30, 2016
Corporate Investments And Funds Held For Clients [Abstract]
Available-for-sale Securities	Corporate investments and funds held for clients at September 30, 2016 and June 30, 2016 were as follows: September 30, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Market Value (A) Type of issue: Money market securities, cash and other cash equivalents $ 5,861.6 $ — $ — $ 5,861.6 Available-for-sale securities: Corporate bonds 9,275.7 230.1 (1.7 ) 9,504.1 U.S. government agencies 4,092.8 71.4 (0.1 ) 4,164.1 Asset-backed securities 4,134.6 54.5 (0.4 ) 4,188.7 Canadian government obligations and 984.9 12.0 — 996.9 Canadian provincial bonds 721.6 27.7 — 749.3 U.S. Treasury securities 947.6 11.6 — 959.2 Municipal bonds 617.1 19.9 (0.6 ) 636.4 Other securities 538.0 14.5 (0.2 ) 552.3 Total available-for-sale securities 21,312.3 441.7 (3.0 ) 21,751.0 Total corporate investments and funds held for clients $ 27,173.9 $ 441.7 $ (3.0 ) $ 27,612.6 (A) Included within available-for-sale securities are corporate investments with fair values of $48.8 million and funds held for clients with fair values of $21,702.2 million . All available-for-sale securities were included in Level 2 of the fair value hierarchy. June 30, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Market Value (B) Type of issue: Money market securities, cash and other cash equivalents $ 15,458.6 $ — $ — $ 15,458.6 Available-for-sale securities: Corporate bonds 9,429.2 261.8 (0.6 ) 9,690.4 U.S. government agency securities 4,298.8 91.3 — 4,390.1 Asset-backed securities 3,761.9 59.0 (0.3 ) 3,820.6 Canadian government obligations and 995.1 12.8 — 1,007.9 Canadian provincial bonds 735.4 30.8 (0.1 ) 766.1 U.S. Treasury securities 746.9 16.3 — 763.2 Municipal bonds 594.2 23.9 (0.3 ) 617.8 Other securities 533.3 15.8 (0.2 ) 548.9 Total available-for-sale securities 21,094.8 511.7 (1.5 ) 21,605.0 Total corporate investments and funds held for clients $ 36,553.4 $ 511.7 $ (1.5 ) $ 37,063.6 (B) Included within available-for-sale securities are corporate investments with fair values of $31.3 million and funds held for clients with fair values of $21,573.7 million . All available-for-sale securities were included in Level 2 of the fair value hierarchy.
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	The unrealized losses and fair values of available-for-sale securities that have been in an unrealized loss position for a period of less than and greater than 12 months as of September 30, 2016 , are as follows: September 30, 2016 Securities in Unrealized Loss Position Less Than 12 Months Securities in Unrealized Loss Position Greater Than 12 Months Total Gross Fair Market Value Gross Fair Market Value Gross Unrealized Losses Fair Market Value Corporate bonds $ (1.7 ) $ 474.8 $ — $ 41.4 $ (1.7 ) $ 516.2 U.S. government agencies (0.1 ) 94.8 — — (0.1 ) 94.8 Asset-backed securities (0.3 ) 294.2 (0.1 ) 132.6 (0.4 ) 426.8 Canadian government obligations and — 7.6 — — — 7.6 Canadian provincial bonds — 27.0 — 7.7 — 34.7 U.S. Treasury securities — 2.1 — — — 2.1 Municipal bonds (0.4 ) 61.5 (0.2 ) 8.1 (0.6 ) 69.6 Other securities (0.1 ) 12.2 (0.1 ) 4.9 (0.2 ) 17.1 $ (2.6 ) $ 974.2 $ (0.4 ) $ 194.7 $ (3.0 ) $ 1,168.9 The unrealized losses and fair values of available-for-sale securities that have been in an unrealized loss position for a period of less than and greater than 12 months as of June 30, 2016 , are as follows: June 30, 2016 Securities in Unrealized Loss Position Less Than 12 Months Securities in Unrealized Loss Position Greater Than 12 Months Total Gross Fair Market Value Gross Fair Market Value Gross Unrealized Losses Fair Market Value Corporate bonds $ (0.5 ) $ 138.0 $ (0.1 ) $ 35.1 $ (0.6 ) $ 173.1 U.S. government agencies — — — — — — Asset-backed securities (0.1 ) 58.8 (0.2 ) 154.8 (0.3 ) 213.6 Canadian government obligations and — 53.2 — — — 53.2 Canadian provincial bonds (0.1 ) 19.1 — 7.8 (0.1 ) 26.9 U.S. Treasury securities — 3.4 — 1.6 — 5.0 Municipal bonds — 12.9 (0.3 ) 10.6 (0.3 ) 23.5 Other securities (0.1 ) 10.5 (0.1 ) 8.0 (0.2 ) 18.5 $ (0.8 ) $ 295.9 $ (0.7 ) $ 217.9 $ (1.5 ) $ 513.8
Classification Of Corporate Investments On The Consolidated Balance Sheets	Classification of corporate investments on the Consolidated Balance Sheets is as follows: September 30, June 30, 2016 2016 Corporate investments: Cash and cash equivalents $ 2,776.6 $ 3,191.1 Short-term marketable securities 41.0 23.5 Long-term marketable securities 7.8 7.8 Total corporate investments $ 2,825.4 $ 3,222.4
Schedule Of Investment Of Funds Held For Clients	Funds held for clients have been invested in the following categories: September 30, June 30, 2016 2016 Funds held for clients: Restricted cash and cash equivalents held to satisfy client funds obligations $ 3,085.0 $ 12,267.5 Restricted short-term marketable securities held to satisfy client funds obligations 3,137.2 3,032.1 Restricted long-term marketable securities held to satisfy client funds obligations 18,565.0 18,541.6 Total funds held for clients $ 24,787.2 $ 33,841.2
Expected Maturities Of Available-For-Sale Securities	Expected maturities of available-for-sale securities at September 30, 2016 are as follows: One year or less $ 3,178.2 One year to two years 2,525.4 Two years to three years 4,039.2 Three years to four years 4,486.9 After four years 7,521.3 Total available-for-sale securities $ 21,751.0

Goodwill And Intangible Asset29

Goodwill And Intangible Assets, Net (Tables)	3 Months Ended
	Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Changes In Goodwill	Changes in goodwill for the three months ended September 30, 2016 are as follows: Employer Services PEO Services Total Balance at June 30, 2016 $ 1,677.2 $ 4.8 $ 1,682.0 Additions and other adjustments, net 13.2 — 13.2 Currency translation adjustments 3.3 — 3.3 Balance at September 30, 2016 $ 1,693.7 $ 4.8 $ 1,698.5
Components Of Finite-Lived Intangible Assets	Components of intangible assets, net, are as follows: September 30, June 30, 2016 2016 Intangible assets: Software and software licenses $ 1,862.3 $ 1,811.6 Customer contracts and lists 612.0 603.7 Other intangibles 208.1 207.8 2,682.4 2,623.1 Less accumulated amortization: Software and software licenses (1,435.9 ) (1,403.8 ) Customer contracts and lists (491.9 ) (486.4 ) Other intangibles (200.8 ) (198.7 ) (2,128.6 ) (2,088.9 ) Intangible assets, net $ 553.8 $ 534.2
Schedule Of Finite-Lived Intangible Assets, Future Amortization Expense	Estimated future amortization expenses of the Company's existing intangible assets are as follows: Amount Nine months ending June 30, 2017 $ 118.3 Twelve months ending June 30, 2018 $ 134.3 Twelve months ending June 30, 2019 $ 98.9 Twelve months ending June 30, 2020 $ 70.6 Twelve months ending June 30, 2021 $ 53.4 Twelve months ending June 30, 2022 $ 41.3

Long Term Debt (Tables)

Long Term Debt (Tables)	3 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Schedule of Long Term Debt	The principal amounts and associated effective interest rates of the Notes and other debt as of September 30, 2016 and June 30, 2016 , are as follows: Debt instrument Effective Interest Rate September 30, 2016 June 30, 2016 Fixed-rate 2.250% notes due September 15, 2020 2.37% $ 1,000.0 $ 1,000.0 Fixed-rate 3.375% notes due September 15, 2025 3.47% 1,000.0 1,000.0 Other 21.8 22.3 2,021.8 2,022.3 Less: current portion (2.5 ) (2.5 ) Less: unamortized discount and debt issuance costs (11.6 ) (12.1 ) Total long-term debt $ 2,007.7 $ 2,007.7

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	3 Months Ended
	Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Components Of Stock-Based Compensation Expense	The following table represents stock-based compensation expense and related income tax benefits for the three months ended September 30, 2016 and 2015 , respectively: Three Months Ended September 30, 2016 2015 Operating expenses $ 5.6 $ 5.9 Selling, general and administrative expenses 21.5 24.3 System development and programming costs 4.0 4.5 Total pre-tax stock-based compensation expense $ 31.1 $ 34.7 Income tax benefit $ 11.2 $ 12.6
Changes In Stock Options Outstanding	Number of Options (in thousands) Weighted Average Price (in dollars) Options outstanding at July 1, 2016 4,869 $ 65 Options granted 1,231 $ 91 Options exercised (373 ) $ 52 Options canceled/forfeited (104 ) $ 81 Options outstanding at September 30, 2016 5,623 $ 71
Time Based Restricted Shares and Units	Number of Shares (in thousands) Number of Units (in thousands) Restricted shares/units outstanding at July 1, 2016 1,889 434 Restricted shares/units granted 840 199 Restricted shares/units vested (842 ) (201 ) Restricted shares/units forfeited (42 ) (6 ) Restricted shares/units outstanding at September 30, 2016 1,845 426
Performance Based Restricted shares and units	Number of Shares (in thousands) Number of Units (in thousands) Restricted shares/units outstanding at July 1, 2016 574 811 Restricted shares/units granted 171 285 Restricted shares/units vested (311 ) (272 ) Restricted shares/units forfeited (8 ) (73 ) Restricted shares/units outstanding at September 30, 2016 426 751
Assumptions Used To Estimate Fair Value For Stock Options Granted	The fair value for stock options granted was estimated at the date of grant using the following assumptions: Three Months Ended September 30, 2016 2015 Risk-free interest rate 1.2 % 1.6 % Dividend yield 2.3 % 2.6 % Weighted average volatility factor 23.2 % 25.6 % Weighted average expected life (in years) 5.4 5.4 Weighted average fair value (in dollars) $ 14.36 $ 13.16
Components Of Net Pension Expense	The components of net pension expense were as follows: Three Months Ended September 30, 2016 2015 Service cost – benefits earned during the period $ 20.2 $ 17.6 Interest cost on projected benefits 15.1 16.9 Expected return on plan assets (34.0 ) (32.9 ) Net amortization and deferral 4.8 2.8 Net pension expense $ 6.1 $ 4.4

Reclassification out of Accum32

Reclassification out of Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Sep. 30, 2016
Reclassification out of Accumulated Other Comprehensive Income [Abstract]
Reclassification out of Accumulated Other Comprehensive Income	Changes in AOCI by component are as follows: Three Months Ended September 30, 2016 Currency Translation Adjustment Net Gains/Losses on Available-for-sale Securities Pension Liability Accumulated Other Comprehensive (Loss)/Income Balance at June 30, 2016 $ (253.8 ) $ 333.8 $ (295.1 ) $ (215.1 ) Other comprehensive income/(loss) before reclassification adjustments 10.8 (71.4 ) — (60.6 ) Tax effect — 26.2 — 26.2 Reclassification adjustments to — (0.1 ) (A) 5.1 (B) 5.0 Tax effect — — (1.9 ) (1.9 ) Balance at September 30, 2016 $ (243.0 ) $ 288.5 $ (291.9 ) $ (246.4 ) Three Months Ended September 30, 2015 Currency Translation Adjustment Net Gains/Losses on Available-for-sale Securities Pension Liability Accumulated Other Comprehensive (Loss)/Income Balance at June 30, 2015 $ (228.3 ) $ 143.9 $ (176.2 ) $ (260.6 ) Other comprehensive (loss)/income before reclassification adjustments (22.0 ) 53.4 — 31.4 Tax effect — (20.0 ) — (20.0 ) Reclassification adjustments to net earnings — — (A) 2.9 (B) 2.9 Tax effect — — (1.1 ) (1.1 ) Balance at September 30, 2015 $ (250.3 ) $ 177.3 $ (174.4 ) $ (247.4 ) (A) Reclassification adjustments out of AOCI are included within Other income, net, on the Statements of Consolidated Earnings. (B) Reclassification adjustments out of AOCI are included in net pension expense (see Note 12 ).

Interim Financial Data By Seg33

Interim Financial Data By Segment Interim Financial Data By Segment (Tables)	3 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Segment Results: Revenues from Continuing Operations Three Months Ended September 30, 2016 2015 Employer Services $ 2,261.2 $ 2,130.8 PEO Services 794.7 701.5 Other (3.6 ) 10.7 Reconciling item: Client fund interest (135.4 ) (129.0 ) $ 2,916.9 $ 2,714.0 Earnings from Continuing Operations before Income Taxes Three Months Ended September 30, 2016 2015 Employer Services $ 656.6 $ 570.3 PEO Services 107.1 88.3 Other (99.6 ) (24.6 ) Reconciling item: Client fund interest (135.4 ) (129.0 ) $ 528.7 $ 505.0

Commitments and Contingencies (

Commitments and Contingencies (Tables) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016	Oct. 31, 2016
ScheduleOfOperatingLeasesFutureMinimumPaymentsDue [Line Items]
ScheduleOfOperatingLeasesFutureMinimumPaymentsDue [Table Text Block]	Years ending June 30, 2018 $ 1.4 2019 5.4 2020 5.5 2021 5.7 Thereafter 41.9 $ 59.9
Subsequent Event [Member]
ScheduleOfOperatingLeasesFutureMinimumPaymentsDue [Line Items]
Operating Leases, Future Minimum Payments Due, Next Twelve Months		$ 1.4
Operating Leases, Future Minimum Payments, Due in Two Years		5.4
Operating Leases, Future Minimum Payments, Due in Four Years		5.7
Operating Leases, Future Minimum Payments, Due in Three Years		5.5
Operating Leases, Future Minimum Payments, Due Thereafter		41.9
Operating Leases, Future Minimum Payments Due		$ 59.9

New Accounting Pronouncements (

New Accounting Pronouncements (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Item Effected [Line Items]
Income Tax Expense (Benefit)	$ (160)	$ (167.5)
New Accounting Principles, Early Adoption
Item Effected [Line Items]
Income Tax Expense (Benefit)	$ 15.5
Excess Tax Benefit from Share-based Compensation, Financing Activities		$ 15.9

Acquisition (Details)

Acquisition (Details) $ in Millions	3 Months Ended
	Sep. 30, 2016USD ($)acquisition
Business Combinations [Abstract]
Number of Businesses Acquired | acquisition	1
Payments to Acquire Businesses, Gross | $	$ 20

Divestiture (Details)

Divestiture (Details) - USD ($) $ in Millions	Sep. 01, 2015	Sep. 30, 2015
Divestiture [Abstract]
Disposal Date		Sep. 1, 2015
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal	$ 29.1

Service Alignment Initiative (D

Service Alignment Initiative (Details) $ in Millions	3 Months Ended
	Sep. 30, 2016USD ($)
Restructuring Reserve [Roll Forward]
Balance at June 30, 2016	$ 0
Charged to expense (c)	39.9
Cash payments	(0.6)
Non-cash utilization	(1.4)
Balance at September 30, 2016	37.9
Employee separation benefits (a)
Restructuring Reserve [Roll Forward]
Balance at June 30, 2016	0
Charged to expense (c)	37.3
Cash payments	0
Non-cash utilization	0
Balance at September 30, 2016	37.3
Other one time costs (b)
Restructuring Reserve [Roll Forward]
Balance at June 30, 2016	0
Charged to expense (c)	2.6
Cash payments	(0.6)
Non-cash utilization	(1.4)
Balance at September 30, 2016	0.6
Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	100
Minimum [Member] | Employee separation benefits (a)
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	75
Minimum [Member] | Other one time costs (b)
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	25
Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	125
Maximum [Member] | Employee separation benefits (a)
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	85
Maximum [Member] | Other one time costs (b)
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 40

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share [Abstract]
Net earnings from continuing operations	$ 368.7	$ 337.5
Basic (shares)	452.3	462.4
Effect of Employee Stock Option Shares (shares)	1.2	1.3
Effect of Employee Restricted Stock Shares (shares)	1.8	2
Diluted weighted average shares outstanding (shares)	455.3	465.7
Basic (in dollars per share)	$ 0.82	$ 0.73
Diluted (in dollars per share)	$ 0.81	$ 0.72
Options excluded from the calculation of diluted earnings per share (shares)	0.4	1.3

Other Income, Net (Other Income

Other Income, Net (Other Income, Net) (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Other Income and Expenses [Abstract]
Interest income on corporate funds	$ (22.9)	$ (18.6)
Realized gains on available-for-sale securities	(0.4)	(0.9)
Realized losses on available-for-sale securities	0.3	0.9
Gain on sale of AMD (see Note 4)	0	(29.1)
Other income, net	$ (23)	$ (47.7)

Corporate Investments And Fun41

Corporate Investments And Funds Held For Clients (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016		Jun. 30, 2016
Schedule of Available-for-sale Securities [Line Items]
Earliest Corporate bond debt maturity date	October 2,016
Latest corporate debt maturity date	May 2,024
Available-for-sale securities - Fair Value	$ 21,751	[1]	$ 21,605	[2]
Length of shortest cash flow of residential mortgages used as collateral for companies mortgage backed securities (in years)	15 years
Length of longest cash flow of residential mortgages used as collateral for company's mortgage backed securities (in years)	30 years
Client Fund Obligation repayment period	1 year
Client funds obligations	$ 24,349.1		$ 33,331.8
Client funds investments with original maturities	ninety days or less
Percentage Of The Available-For-Sale Securities Were Rated AAA Or AA	80.00%
Earliest U.S. Treasury maturity date	October 2,016
Latest U.S Treasury maturity date	September 2,024
Federal Home Loan Banks [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	$ 3,024.7
Federal Farm Credit Banks [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	944.6
Fixed Rate Credit Card [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	2,285.4
Asset-Backed Auto Loan Receivables [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	1,270.7
Asset-Backed Equipment Lease Receivable [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	382.3
Rate Reduction [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	250.2
Supranational Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	188.6
Sovereign Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	166.6
Residential Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	103.1
Fair Value, Inputs, Level 1 [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	0
Fair Value, Inputs, Level 3 [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	$ 0
[1]	Included within available-for-sale securities are corporate investments with fair values of $48.8 million and funds held for clients with fair values of $21,702.2 million. All available-for-sale securities were included in Level 2 of the fair value hierarchy.
[2]	Included within available-for-sale securities are corporate investments with fair values of $31.3 million and funds held for clients with fair values of $21,573.7 million. All available-for-sale securities were included in Level 2 of the fair value hierarchy.

Corporate Investments And Fun42

Corporate Investments And Funds Held For Clients (Corporate Investments And Funds Held For Clients) (Details) - USD ($) $ in Millions	Sep. 30, 2016		Jun. 30, 2016
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$ 2.6		$ 0.8
Money market securities and other cash equivalents - Amortized Cost	5,861.6		15,458.6
Cash Equivalents At Gross Unrealized Gains	0		0
Cash Equivalents At Gross Unrealized Losses	0		0
Money market securities and other cash equivalents - Fair Value	5,861.6		15,458.6
Available-for-sale securities - Amortized Cost	21,312.3		21,094.8
Available for Sale Securities - Unrealized Gains	441.7		511.7
Available-for-sale securities - Gross Unrealized Losses	(3)		(1.5)
Available-for-sale securities - Fair Value	21,751	[1]	21,605	[2]
Total corporate investments and funds held for clients - Amortized Cost	27,173.9		36,553.4
Total Corporate Investments And Funds Held For Clients Gross Unrealized Gains	441.7		511.7
Total corporate investments and funds held for clients - Gross Unrealized Losses	(3)		(1.5)
Total Corporate Investments And Funds Held For Clients Fair Value	27,612.6		37,063.6
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	974.2		295.9
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0.4		0.7
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	194.7		217.9
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	3		1.5
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,168.9		513.8
Corporate Investments [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	48.8		31.3
Funds Held For Clients [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities - Fair Value	21,702.2		21,573.7
Corporate bonds
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	1.7		0.5
Available-for-sale securities - Amortized Cost	9,275.7		9,429.2
Available for Sale Securities - Unrealized Gains	230.1		261.8
Available-for-sale securities - Gross Unrealized Losses	(1.7)		(0.6)
Available-for-sale securities - Fair Value	9,504.1		9,690.4
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	474.8		138
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0		0.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	41.4		35.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	1.7		0.6
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	516.2		173.1
U.S. government agency securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0.1		0
Available-for-sale securities - Amortized Cost	4,092.8		4,298.8
Available for Sale Securities - Unrealized Gains	71.4		91.3
Available-for-sale securities - Gross Unrealized Losses	(0.1)		0
Available-for-sale securities - Fair Value	4,164.1		4,390.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	94.8		0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	0.1		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	94.8		0
Asset-backed securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0.3		0.1
Available-for-sale securities - Amortized Cost	4,134.6		3,761.9
Available for Sale Securities - Unrealized Gains	54.5		59
Available-for-sale securities - Gross Unrealized Losses	(0.4)		(0.3)
Available-for-sale securities - Fair Value	4,188.7		3,820.6
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	294.2		58.8
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0.1		0.2
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	132.6		154.8
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	0.4		0.3
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	426.8		213.6
Canadian government obligations and Canadian government agency obligations
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0		0
Available-for-sale securities - Amortized Cost	984.9		995.1
Available for Sale Securities - Unrealized Gains	12		12.8
Available-for-sale securities - Gross Unrealized Losses	0		0
Available-for-sale securities - Fair Value	996.9		1,007.9
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	7.6		53.2
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	7.6		53.2
Canadian provincial bonds
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0		0.1
Available-for-sale securities - Amortized Cost	721.6		735.4
Available for Sale Securities - Unrealized Gains	27.7		30.8
Available-for-sale securities - Gross Unrealized Losses	0		(0.1)
Available-for-sale securities - Fair Value	749.3		766.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	27		19.1
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	7.7		7.8
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	0		0.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	34.7		26.9
U.S. Treasury securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0		0
Available-for-sale securities - Amortized Cost	947.6		746.9
Available for Sale Securities - Unrealized Gains	11.6		16.3
Available-for-sale securities - Gross Unrealized Losses	0		0
Available-for-sale securities - Fair Value	959.2		763.2
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	2.1		3.4
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0		1.6
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	0		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	2.1		5
Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0.4		0
Available-for-sale securities - Amortized Cost	617.1		594.2
Available for Sale Securities - Unrealized Gains	19.9		23.9
Available-for-sale securities - Gross Unrealized Losses	(0.6)		(0.3)
Available-for-sale securities - Fair Value	636.4		617.8
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	61.5		12.9
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0.2		0.3
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	8.1		10.6
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	0.6		0.3
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	69.6		23.5
Other securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0.1		0.1
Available-for-sale securities - Amortized Cost	538		533.3
Available for Sale Securities - Unrealized Gains	14.5		15.8
Available-for-sale securities - Gross Unrealized Losses	(0.2)		(0.2)
Available-for-sale securities - Fair Value	552.3		548.9
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	12.2		10.5
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0.1		0.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	4.9		8
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	0.2		0.2
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	$ 17.1		$ 18.5
[1]	Included within available-for-sale securities are corporate investments with fair values of $48.8 million and funds held for clients with fair values of $21,702.2 million. All available-for-sale securities were included in Level 2 of the fair value hierarchy.
[2]	Included within available-for-sale securities are corporate investments with fair values of $31.3 million and funds held for clients with fair values of $21,573.7 million. All available-for-sale securities were included in Level 2 of the fair value hierarchy.

Corporate Investments And Fun43

Corporate Investments And Funds Held For Clients (Available-For-Sale Securities That Have Been In An Unrealized Loss Position) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Jun. 30, 2016
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses less than 12 months	$ (2.6)	$ (0.8)
Fair market value of securities in unrealized loss position less than 12 months	974.2	295.9
Unrealized losses greater than 12 months	(0.4)	(0.7)
Fair market value of securities in unrealized loss positions greater than 12 months	194.7	217.9
Total gross unrealized losses	(3)	(1.5)
Total fair market value	1,168.9	513.8
Corporate bonds
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses less than 12 months	(1.7)	(0.5)
Fair market value of securities in unrealized loss position less than 12 months	474.8	138
Unrealized losses greater than 12 months	0	(0.1)
Fair market value of securities in unrealized loss positions greater than 12 months	41.4	35.1
Total gross unrealized losses	(1.7)	(0.6)
Total fair market value	516.2	173.1
U.S. government agency securities
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses less than 12 months	(0.1)	0
Fair market value of securities in unrealized loss position less than 12 months	94.8	0
Unrealized losses greater than 12 months	0	0
Fair market value of securities in unrealized loss positions greater than 12 months	0	0
Total gross unrealized losses	(0.1)	0
Total fair market value	94.8	0
Asset-backed securities
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses less than 12 months	(0.3)	(0.1)
Fair market value of securities in unrealized loss position less than 12 months	294.2	58.8
Unrealized losses greater than 12 months	(0.1)	(0.2)
Fair market value of securities in unrealized loss positions greater than 12 months	132.6	154.8
Total gross unrealized losses	(0.4)	(0.3)
Total fair market value	426.8	213.6
Canadian government obligations and Canadian government agency obligations
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses less than 12 months	0	0
Fair market value of securities in unrealized loss position less than 12 months	7.6	53.2
Unrealized losses greater than 12 months	0	0
Fair market value of securities in unrealized loss positions greater than 12 months	0	0
Total gross unrealized losses	0	0
Total fair market value	7.6	53.2
Canadian provincial bonds
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses less than 12 months	0	(0.1)
Fair market value of securities in unrealized loss position less than 12 months	27	19.1
Unrealized losses greater than 12 months	0	0
Fair market value of securities in unrealized loss positions greater than 12 months	7.7	7.8
Total gross unrealized losses	0	(0.1)
Total fair market value	34.7	26.9
U.S. Treasury securities
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses less than 12 months	0	0
Fair market value of securities in unrealized loss position less than 12 months	2.1	3.4
Unrealized losses greater than 12 months	0	0
Fair market value of securities in unrealized loss positions greater than 12 months	0	1.6
Total gross unrealized losses	0	0
Total fair market value	2.1	5
Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses less than 12 months	(0.4)	0
Fair market value of securities in unrealized loss position less than 12 months	61.5	12.9
Unrealized losses greater than 12 months	(0.2)	(0.3)
Fair market value of securities in unrealized loss positions greater than 12 months	8.1	10.6
Total gross unrealized losses	(0.6)	(0.3)
Total fair market value	69.6	23.5
Other securities
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses less than 12 months	(0.1)	(0.1)
Fair market value of securities in unrealized loss position less than 12 months	12.2	10.5
Unrealized losses greater than 12 months	(0.1)	(0.1)
Fair market value of securities in unrealized loss positions greater than 12 months	4.9	8
Total gross unrealized losses	(0.2)	(0.2)
Total fair market value	$ 17.1	$ 18.5

Corporate Investments And Fun44

Corporate Investments And Funds Held For Clients (Classification Of Corporate Investments On The Consolidated Balance Sheets) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2015	Jun. 30, 2015
Corporate Investments And Funds Held For Clients [Abstract]
Cash and cash equivalents	$ 2,776.6	$ 3,191.1	$ 3,184.7	$ 1,639.3
Short-term marketable securities	41	23.5
Long-term marketable securities	7.8	7.8
Total corporate investments	$ 2,825.4	$ 3,222.4

Corporate Investments And Fun45

Corporate Investments And Funds Held For Clients (Schedule Of Investment Of Funds Held For Clients) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Jun. 30, 2016
Corporate Investments And Funds Held For Clients [Abstract]
Restricted cash and cash equivalents held to satisfy client funds obligations	$ 3,085	$ 12,267.5
Restricted short-term marketable securities held to satisfy client funds obligations	3,137.2	3,032.1
Restricted long-term marketable securities held to satisfy client funds obligations	18,565	18,541.6
Total funds held for clients	$ 24,787.2	$ 33,841.2

Corporate Investments And Fun46

Corporate Investments And Funds Held For Clients (Expected Maturities Of Available-For-Sale Securities) (Details) $ in Millions	Sep. 30, 2016USD ($)
Corporate Investments And Funds Held For Clients [Abstract]
One year or less	$ 3,178.2
One year to two years	2,525.4
Two years to three years	4,039.2
Three years to four years	4,486.9
After four years	7,521.3
Total available-for-sale securities	$ 21,751

Goodwill And Intangible Asset47

Goodwill And Intangible Assets, Net (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years
Amortization of Intangible Assets	$ 42.6	$ 35.7
Software and software licenses
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	4 years
Customer contracts and lists
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	9 years
Other intangibles
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	2 years

Goodwill And Intangible Asset48

Goodwill And Intangible Assets, Net (Changes In Goodwill) (Details) $ in Millions	3 Months Ended
	Sep. 30, 2016USD ($)
Goodwill [Roll Forward]
Balance at June 30, 2016	$ 1,682
Additions and other adjustments, net	13.2
Currency translation adjustments	3.3
Balance at September 30, 2016	1,698.5
Employer Services
Goodwill [Roll Forward]
Balance at June 30, 2016	1,677.2
Additions and other adjustments, net	13.2
Currency translation adjustments	3.3
Balance at September 30, 2016	1,693.7
PEO Services
Goodwill [Roll Forward]
Balance at June 30, 2016	4.8
Additions and other adjustments, net	0
Currency translation adjustments	0
Balance at September 30, 2016	$ 4.8

Goodwill And Intangible Asset49

Goodwill And Intangible Assets, Net (Components Of Finite-Lived Intangible Assets) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Jun. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Total - gross	$ 2,682.4	$ 2,623.1
Total - accumulated amortization	(2,128.6)	(2,088.9)
Intangible assets, net	553.8	534.2
Software and software licenses
Finite-Lived Intangible Assets [Line Items]
Total - gross	1,862.3	1,811.6
Total - accumulated amortization	(1,435.9)	(1,403.8)
Customer contracts and lists
Finite-Lived Intangible Assets [Line Items]
Total - gross	612	603.7
Total - accumulated amortization	(491.9)	(486.4)
Other intangibles
Finite-Lived Intangible Assets [Line Items]
Total - gross	208.1	207.8
Total - accumulated amortization	$ (200.8)	$ (198.7)

Goodwill And Intangible Asset50

Goodwill And Intangible Assets, Net (Schedule Of Finite-Lived Intangible Assets, Future Amortization Expense) (Details) $ in Millions	Sep. 30, 2016USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Nine months ending June 30, 2017	$ 118.3
Twelve months ending June 30, 2018	134.3
Twelve months ending June 30, 2019	98.9
Twelve months ending June 30, 2020	70.6
Twelve months ending June 30, 2021	53.4
Twelve months ending June 30, 2022	$ 41.3

Short-Term Financing (Details)

Short-Term Financing (Details) - USD ($)	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Short-term Debt [Line Items]
Short-term Debt	$ 0
Maturities of commercial paper range	overnight to up to 364 days
Commercial Paper	$ 0	$ 0
Commercial Paper Weight Average Maturity	2 days
Maturities of short-term funding agreements	overnight to up to five business days
Obligations under reverse repurchase agreements	$ 0	0
364-Day Credit Agreement [Member]
Short-term Debt [Line Items]
Maximum borrowing capacity under credit facilities	$ 3,250,000,000
Term of credit	364 days
Expiration date of credit facilities	Jun. 16, 2017
Credit Facility Expiring In June Two Thousand Nineteen [Member]
Short-term Debt [Line Items]
Maximum borrowing capacity under credit facilities	$ 2,250,000,000
Term of credit	5 years
Expiration date of credit facilities	Jun. 17, 2020
Line of credit facility potentially available increase in maximum borrowing capacity	$ 500,000,000
Credit Facility Expiring In June Two Thousand Twenty [Member]
Short-term Debt [Line Items]
Maximum borrowing capacity under credit facilities	$ 3,750,000,000
Term of credit	5 years
Expiration date of credit facilities	Jun. 18, 2021
Line of credit facility potentially available increase in maximum borrowing capacity	$ 500,000,000
Commercial Paper [Member]
Short-term Debt [Line Items]
Aggregate amount of commercial paper issuable under the short-term commercial paper program	9,250,000,000
Short-term Debt, Average Outstanding Amount	$ 4,100,000,000	$ 3,500,000,000
Debt Instrument, Interest Rate During Period	0.40%	0.20%
Reverse Repurchase Agreements [Member]
Short-term Debt [Line Items]
Short-term Debt, Average Outstanding Amount	$ 359,300,000	$ 485,600,000
Debt Instrument, Interest Rate During Period	0.60%	0.40%

Long Term Debt (Details)

Long Term Debt (Details) - USD ($)	3 Months Ended
	Sep. 30, 2016	Jun. 30, 2016
Debt Instrument [Line Items]
Aggregate principal amount	$ 2,000,000,000
Notes Payable	2,021,800,000	$ 2,022,300,000
Less: current portion	(2,500,000)	(2,500,000)
Less: unamortized discount and debt issuance costs	(11,600,000)	(12,100,000)
Total long-term debt	2,007,700,000	2,007,700,000
Fair Value of Notes Issued	$ 2,122,800,000
Fixed-rate 2.250% notes due September 15, 2020
Debt Instrument [Line Items]
Debt Instrument, Term	5 years
Debt instrument maturity date	Sep. 15, 2020
Debt instrument effective rate (percent)	2.37%
Notes Payable	$ 1,000,000,000	1,000,000,000
Fixed-rate 3.375% notes due September 15, 2025
Debt Instrument [Line Items]
Debt Instrument, Term	10 years
Debt instrument stated rate (percent)	3.375%
Debt instrument maturity date	Sep. 15, 2025
Debt instrument effective rate (percent)	3.47%
Notes Payable	$ 1,000,000,000	1,000,000,000
Other
Debt Instrument [Line Items]
Notes Payable	$ 21,800,000	$ 22,300,000

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Details) - USD ($) shares in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Shares repurchased	4	4.2
Total pre-tax stock-based compensation expense	$ 31,100,000	$ 34,700,000
Employee Stock Ownership Plan (ESOP), Plan [Domain]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total pre-tax stock-based compensation expense	0	$ 0
Nonvested Stock Options [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total remaining unrecognized compensation cost	$ 24,900,000
Weighted-average remaining requisite vesting period	2 years 1 month 12 days
Nonvested Restricted Stock Unit [Domain]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total remaining unrecognized compensation cost	$ 54,700,000
Weighted-average remaining requisite vesting period	1 year 8 months 12 days
Nonvested Restricted Stock [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total remaining unrecognized compensation cost	$ 119,300,000
Weighted-average remaining requisite vesting period	1 year 7 months 6 days

Employee Benefit Plans (Compone

Employee Benefit Plans (Components Of Stock-Based Compensation Expense) (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Total pre-tax stock-based compensation expense	$ 31.1	$ 34.7
Income tax benefit	11.2	12.6
Operating expenses
Defined Benefit Plan Disclosure [Line Items]
Total pre-tax stock-based compensation expense	5.6	5.9
Selling, general and administrative expenses
Defined Benefit Plan Disclosure [Line Items]
Total pre-tax stock-based compensation expense	21.5	24.3
System development and programming costs
Defined Benefit Plan Disclosure [Line Items]
Total pre-tax stock-based compensation expense	$ 4	$ 4.5

Employee Benefit Plans (Changes

Employee Benefit Plans (Changes In Stock Options Outstanding) (Details) shares in Thousands	3 Months Ended
	Sep. 30, 2016$ / sharesshares
Number of Options (in thousands)
Options outstanding at July 1, 2016 | shares	4,869
Options granted | shares	1,231
Options exercised | shares	(373)
Options canceled/forfeited | shares	(104)
Options outstanding at September 30, 2016 | shares	5,623
Weighted Average Price (in dollars)
Options outstanding at July 1, 2016 | $ / shares	$ 65
Options granted | $ / shares	90.6
Options exercised | $ / shares	52
Options canceled/forfeited | $ / shares	81
Options outstanding at September 30, 2016 | $ / shares	$ 71.4

Employee Benefit Plans (Time-Ba

Employee Benefit Plans (Time-Based Restricted shares and units) (Details) shares in Thousands	3 Months Ended
	Sep. 30, 2016shares
Time-Based Restricted Stock [Member]
Number of Shares (in thousands)
Restricted shares/units outstanding at July 1, 2016	1,889
Restricted shares/units granted	840
Restricted shares/units vested	(842)
Restricted shares/units forfeited	(42)
Restricted shares/units outstanding at September 30, 2016	1,845
Time-Based Restricted Stock Units [Member]
Number of Shares (in thousands)
Restricted shares/units outstanding at July 1, 2016	434
Restricted shares/units granted	199
Restricted shares/units vested	(201)
Restricted shares/units forfeited	(6)
Restricted shares/units outstanding at September 30, 2016	426

Employee Benefit Plans (Perform

Employee Benefit Plans (Performance based restricted shares and units) (Details) shares in Thousands	3 Months Ended
	Sep. 30, 2016shares
Performance-Based Restricted Stock [Member]
Number of Shares (in thousands)
Restricted shares/units outstanding at July 1, 2016	574
Restricted shares/units granted	171
Restricted shares/units vested	(311)
Restricted shares/units forfeited	(8)
Restricted shares/units outstanding at September 30, 2016	426
Performance Based Restricted Stock Unit [Domain]
Number of Shares (in thousands)
Restricted shares/units outstanding at July 1, 2016	811
Restricted shares/units granted	285
Restricted shares/units vested	(272)
Restricted shares/units forfeited	(73)
Restricted shares/units outstanding at September 30, 2016	751

Employee Benefit Plans (Assumpt

Employee Benefit Plans (Assumptions Used To Estimate Fair Value For Stock Options Granted) (Details) - $ / shares	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Share-based Arrangements with Employees and Nonemployees [Abstract]
Risk-free interest rate	1.20%	1.60%
Dividend yield	2.30%	2.60%
Weighted average volatility factor	23.20%	25.60%
Weighted average expected life (in years)	5 years 4 months 25 days	5 years 4 months 24 days
Weighted average fair value (in dollars)	$ 14.36	$ 13.16

Employee Benefit Plans (Compo59

Employee Benefit Plans (Components Of Net Pension Expense) (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Service cost – benefits earned during the period	$ 20.2	$ 17.6
Interest cost on projected benefits	15.1	16.9
Expected return on plan assets	(34)	(32.9)
Net amortization and deferral	4.8	2.8
Net pension expense	$ 6.1	$ 4.4

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Effective Income Tax Rate, Percent	30.30%	33.20%
Effective Income Tax Rate Reconciliation, Deduction, Percent	2.90%

Reclassification out of Accum61

Reclassification out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income, beginning balance	$ (215.1)	$ (260.6)
Other comprehensive (loss)/income before reclassification adjustments	(60.6)	31.4
Tax effect	26.2	(20)
Reclassification adjustments to net earnings	5	2.9
Tax effect	(1.9)	(1.1)
Accumulated other comprehensive income, ending balance	(246.4)	(247.4)
Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income, beginning balance	(253.8)	(228.3)
Other comprehensive (loss)/income before reclassification adjustments	10.8	(22)
Tax effect	0	0
Reclassification adjustments to net earnings	0	0
Tax effect	0	0
Accumulated other comprehensive income, ending balance	(243)	(250.3)
Net Gains/Losses on Available-for-sale Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income, beginning balance	333.8	143.9
Other comprehensive (loss)/income before reclassification adjustments	(71.4)	53.4
Tax effect	26.2	(20)
Reclassification adjustments to net earnings	(0.1)	0	[1]
Tax effect	0	0
Accumulated other comprehensive income, ending balance	288.5	177.3
Pension Liability
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income, beginning balance	(295.1)	(176.2)
Other comprehensive (loss)/income before reclassification adjustments	0	0
Tax effect	0	0
Reclassification adjustments to net earnings	5.1	2.9
Tax effect	(1.9)	(1.1)
Accumulated other comprehensive income, ending balance	$ (291.9)	$ (174.4)
[1]	(A) Reclassification adjustments out of AOCI are included within Other income, net, on the Statements of Consolidated Earnings.

Financial Data By Segment (Narr

Financial Data By Segment (Narrative) (Details)	3 Months Ended
	Sep. 30, 2016segment
Segment Reporting [Abstract]
Number of Reportable Segments	2
Standard reconciling rate between actual interest income earned and interest credited	4.50%

Financial Data By Segment (Fina

Financial Data By Segment (Financial Data By Strategic Business Unit Segment) (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Revenues from Continuing Operations	$ 2,916.9	$ 2,714
Earnings from Continuing Operations before Income Taxes	528.7	505
Employer Services
Segment Reporting Information [Line Items]
Revenues from Continuing Operations	2,261.2	2,130.8
Earnings from Continuing Operations before Income Taxes	656.6	570.3
PEO Services
Segment Reporting Information [Line Items]
Revenues from Continuing Operations	794.7	701.5
Earnings from Continuing Operations before Income Taxes	107.1	88.3
Other
Segment Reporting Information [Line Items]
Revenues from Continuing Operations	(3.6)	10.7
Earnings from Continuing Operations before Income Taxes	(99.6)	(24.6)
Client fund interest
Segment Reporting Information [Line Items]
Revenues from Continuing Operations	(135.4)	(129)
Earnings from Continuing Operations before Income Taxes	$ (135.4)	$ (129)

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Millions	Sep. 01, 2015	Nov. 30, 2016	Sep. 30, 2016	Sep. 30, 2015
Subsequent Event [Line Items]
Proceeds from Divestiture of Businesses			$ 0	$ 162.5
Expected pre-tax gain	$ 29.1
Subsequent Event [Member]
Subsequent Event [Line Items]
Proceeds from Divestiture of Businesses		$ 235
Expected pre-tax gain		$ 200