August 31, 2022

Gross

Gross

Amortized

unrealized

unrealized

Fair

In millions

cost

gains

losses

value

Type of issue:

Funds held for clients' money market securities and other
   restricted cash equivalents

$

429.2

$

—

$

—

$

429.2

AFS securities:

Asset-backed securities

56.2

—

(1.7

)

54.5

Corporate bonds

715.1

0.0

(28.2

)

686.9

Municipal bonds

1,515.1

0.0

(108.3

)

1,406.8

U.S. government agency and treasury securities

602.3

—

(37.4

)

564.9

Variable rate demand notes

11.7

—

—

11.7

Total AFS securities

2,900.4

0.0

(175.6

)

2,724.8

Other

33.3

1.4

(3.2

)

31.5

Total funds held for clients and corporate investments

$

3,362.9

$

1.4

$

(178.8

)

$

3,185.5

May 31, 2022

Gross

Gross

Amortized

unrealized

unrealized

Fair

In millions

cost

gains

losses

value

Type of issue:

Funds held for clients' money market securities and other
   restricted cash equivalents

$

482.6

$

—

$

—

$

482.6

AFS securities:

Asset-backed securities

68.5

0.0

(1.3

)

67.2

Corporate bonds

699.3

1.8

(19.0

)

682.1

Municipal bonds

1,577.6

0.6

(92.4

)

1,485.8

U.S. government agency and treasury securities

574.5

0.3

(26.3

)

548.5

Variable rate demand notes

1,245.6

—

—

1,245.6

Total AFS securities

4,165.5

2.7

(139.0

)

4,029.2

Other

30.4

1.8

(2.2

)

30.0

Total funds held for clients and corporate investments

$

4,678.5

$

4.5

$

(141.2

)

$

4,541.8

August 31, 2022

Securities in an unrealized
loss position for less than
twelve months

Securities in an unrealized
loss position for more than
twelve months

Total

Gross

Gross

Gross

unrealized

Fair

unrealized

Fair

unrealized

Fair

In millions

losses

value

losses

value

losses

value

Type of issue:

Asset-backed securities

$

(1.2

)

$

48.8

$

(0.4

)

$

5.7

$

(1.6

)

$

54.5

Corporate bonds

(24.8

)

634.3

(3.5

)

29.1

(28.3

)

663.4

Municipal bonds

(92.8

)

1,279.2

(15.5

)

111.5

(108.3

)

1,390.7

U.S. government agency and treasury securities

(24.4

)

468.1

(13.0

)

96.8

(37.4

)

564.9

Total

$

(143.2

)

$

2,430.4

$

(32.4

)

$

243.1

$

(175.6

)

$

2,673.5

May 31, 2022

Securities in an unrealized
loss position for less than
twelve months

Securities in an unrealized
loss position for more than
twelve months

Total

Gross

Gross

Gross

unrealized

Fair

unrealized

Fair

unrealized

Fair

In millions

losses

value

losses

value

losses

value

Type of issue:

Asset-backed securities

$

(0.9

)

$

48.5

$

(0.3

)

$

5.7

$

(1.2

)

$

54.2

Corporate bonds

(17.5

)

425.4

(1.5

)

16.7

(19.0

)

442.1

Municipal bonds

(81.9

)

1,171.5

(10.6

)

86.6

(92.5

)

1,258.1

U.S. government agency and treasury securities

(15.9

)

414.2

(10.4

)

91.7

(26.3

)

505.9

Total

$

(116.2

)

$

2,059.6

$

(22.8

)

$

200.7

$

(139.0

)

$

2,260.3

August 31, 2022

Amortized

Fair

In millions

cost

value

Maturity date:

Due in one year or less

$

289.4

$

288.4

Due after one year through three years

746.9

728.0

Due after three years through five years

1,421.1

1,312.3

Due after five years

443.0

396.1

Total

$

2,900.4

$

2,724.8