10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
AUTOMATIC DATA PROCESSING INC | ||
Ticker: ADP Fiscal Year: 2020 | ||
Consolidated Balance Sheets | ||
Period Ending June 30, 2020 10-K (Filed: Aug 5, 2020) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| June 30, 2020 | June 30, 2019 | |
| Long-term Marketable Securities Under Reverse Repurchase Agreements | $ 13,600 | 261,400 |
| Assets [Abstract] | ||
| Current assets: | ||
| Cash and cash equivalents | 1,908,500 | 1,949,200 |
| Short-term marketable securities | 0 | 10,500 |
| Accounts receivable, net of allowance for doubtful accounts of $92.5 and $54.9, respectively | 2,441,300 | 2,439,300 |
| Other current assets | 506,200 | 509,100 |
| Total current assets before funds held for clients | 4,856,000 | 4,908,100 |
| Funds held for clients | 26,708,100 | 29,434,200 |
| Total current assets | 31,564,100 | 34,342,300 |
| Long-term receivables, net of allowance for doubtful accounts of $0.5 and $0.4, respectively | 18,600 | 23,800 |
| Property, plant and equipment, net | 703,900 | 764,200 |
| Operating lease right-of-use asset | 493,700 | 0 |
| Deferred contract costs | 2,401,600 [1] | 2,428,500 |
| Other assets | 458,400 | 934,400 |
| Goodwill | 2,309,400 | 2,323,000 |
| Intangible assets, net | 1,215,800 | 1,071,500 |
| Total assets | 39,165,500 | 41,887,700 |
| Liabilities And Stockholders Equity Abstract | ||
| Liabilities | ||
| Accounts payable | 102,000 | 125,500 |
| Accrued expenses and other current liabilities | 1,980,700 | 1,759,000 |
| Accrued payroll and payroll-related expenses | 557,000 | 721,100 |
| Dividends payable | 387,300 | 340,100 |
| Short-term deferred revenues | 212,500 | 220,700 |
| Obligations under reverse repurchase agreements (A) | 13,600 | 262,000 |
| Short-term debt | 1,001,800 | 0 |
| Income taxes payable | 40,100 | 54,800 |
| Total current liabilities before client funds obligations | 4,295,000 | 3,483,200 |
| Client funds obligations | 25,831,600 | 29,144,500 |
| Total current liabilities | 30,126,600 | 32,627,700 |
| Long-term debt | 1,002,800 | 2,002,200 |
| Operating lease liabilities | 0 | |
| Other liabilities | 837,000 | 798,700 |
| Deferred income taxes | 731,900 | 659,900 |
| Long-term deferred revenues | 370,600 | 399,300 |
| Total liabilities | 33,413,300 | 36,487,800 |
| Stockholders' equity: | ||
| Preferred stock, $1.00 par value: Authorized, 0.3 shares; issued, none | 0 | 0 |
| Common Stock, Value, Issued | 63,900 | 63,900 |
| Capital in excess of par value | 1,333,800 | 1,183,200 |
| Retained earnings | 18,436,300 | 17,500,600 |
| Treasury Stock, Value | 14,067,000 | 13,090,500 |
| Accumulated other comprehensive loss | (14,800) | (257,300) |
| Total stockholders equity | 5,752,200 | 5,399,900 |
| Total liabilities and stockholders equity | 39,165,500 | 41,887,700 |
| Cash And Cash Equivalents Under Reverse Repurchase Agreements | 600 | |
| [1] (1) The amount of total deferred costs amortized during the twelve months ended June 30, 2020, June 30, 2019, and June 30, 2018 were $915.0 million, $874.0 million, and $837.4 million, respectively. | ||
| External Links | |
| AUTOMATIC DATA PROCESSING INC (ADP) Fiscal Year 2020 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |