Paychex, Inc. Annual report pursuant to Section 13 and 15(d)

Business Combinations (Tables)

12 Months Ended

May 31, 2020


Cash and cash equivalents	$	130.2
Restricted cash		66.6
Corporate investments		8.6
Accounts receivable, net of allowance for doubtful accounts		10.7
PEO unbilled receivables, net of advance collections		209.8
Prepaid income taxes		4.8
Prepaid expenses and other current assets		6.0
Long-term restricted cash		65.5
Property and equipment		15.4
Intangible assets		310.9
Goodwill		976.6
Other long-term assets		1.8
Total Assets		1,806.9

Accounts payable		45.0
Accrued corporate compensation and related items		11.6
Accrued worksite employee compensation and related items		311.1
Other current liabilities		49.8
Deferred income taxes		55.6
Other long-term liabilities		79.3
Net Assets	$	1,254.5