Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Stockholders' Equity

v3.25.2
Consolidated Statements of Stockholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Net Unrealized Loss on AFS Securities [Member]
Cash Flow Hedges [Member]
Foreign Currency Translation [Member]
Accumulated Other Comprehensive Loss [Member]
Beginning balance, Shares at May. 31, 2024   360.1            
Beginning balance at May. 31, 2024 $ 3,801.0 $ 3.6 $ 1,729.5 $ 2,213.0 $ (120.7)   $ (24.4) $ (145.1)
Net Income (Loss) 427.4     427.4        
Unrealized gains on securities, net of tax expense (benefit) 61.8       61.8     61.8
Reclassification adjustment for realized gains (losses) on securities, net of tax expense [1] 0.0       0.0     0.0
Cash dividends declared (352.8)     (352.8)        
Repurchases of common shares, Shares [2]   (0.8)            
Repurchases of common shares [2] (104.0) $ 0.0 (4.0) (100.0)        
Stock-based compensation costs 16.5   16.5          
Foreign currency translation adjustment 3.0           3.0 3.0
Activity related to equity-based plans, Shares   0.6            
Activity related to equity-based plans (2.5) $ 0.0 19.7 (22.2)        
Ending balance, Shares at Aug. 31, 2024   359.9            
Ending balance at Aug. 31, 2024 $ 3,850.4 $ 3.6 1,761.7 2,165.4 (58.9)   (21.4) (80.3)
Beginning balance, Shares at May. 31, 2025 360.5 360.5            
Beginning balance at May. 31, 2025 $ 4,128.0 $ 3.6 1,901.1 2,277.0 (38.5)   (15.2) (53.7)
Net Income (Loss) 383.8     383.8        
Unrealized gains on securities, net of tax expense (benefit) 24.3         $ 24.3   24.3
Reclassification adjustment for realized gains (losses) on securities, net of tax expense [1] 0.0         $ 0.0   0.0
Cash dividends declared (389.0)     (389.0)        
Repurchases of common shares, Shares [2]   (1.1)            
Repurchases of common shares [2] (160.1) $ 0.0 (5.3) (154.8)        
Stock-based compensation costs 26.8   26.8          
Foreign currency translation adjustment 4.4           4.4 4.4
Activity related to equity-based plans, Shares   0.5            
Activity related to equity-based plans $ (47.6) $ 0.0 (0.8) (46.8)        
Ending balance, Shares at Aug. 31, 2025 359.9 359.9            
Ending balance at Aug. 31, 2025 $ 3,970.6 $ 3.6 $ 1,921.8 $ 2,070.2 $ (14.2)   $ (10.8) $ (25.0)
[1] Reclassification adjustments to earnings on the sale of available-for-sale ("AFS") securities are reflected in interest on funds held for clients and other income, net on the Consolidated Statements of Income and Comprehensive Income.
[2] The Company maintains a program to repurchase $400.0 million of its common stock, with authorization expiring May 31, 2027. The purpose of this program is to manage common stock dilution. All shares of common stock repurchased were retired.