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

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Description of Business, Basis of Presentation, and Significant Accounting Policies (Policy)
Notes Tables
Notes Details

Stock-Based Compensation Plans (LTIP Performance-Based Stock Option Activity) (Details)

v3.23.2

Stock-Based Compensation Plans (LTIP Performance-Based Stock Option Activity) (Details) - LTIP Performance-Based Stock Options [Member]
$ / shares in Units, shares in Millions, $ in Millions

12 Months Ended

May 31, 2023

USD ($)

$ / shares

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Outstanding, Beginning balance, Shares subject to options | shares

0.4

Exercised, Shares subject to options | shares

(0.0)

Outstanding, Ending balance, Shares subject to options | shares

0.4

Exercisable, Shares subject to options | shares

0.4

Outstanding, Beginning balance, Weighted-average exercise price per share | $ / shares

$ 60.52

Exercised, Weighted-average exercise price per share | $ / shares

60.84

Outstanding, Ending balance, Weighted-average exercise price per share | $ / shares

60.51

Exercisable, Weighted-average exercise price per share | $ / shares

$ 60.51

Outstanding, Weighted-average remaining contractual term (years)

3 years 1 month 6 days

Exercisable, Weighted-average remaining contractual term (years)

3 years 1 month 6 days

Outstanding, Aggregate intrinsic value | $

$ 19.4

^[1]

Exercisable, Aggregate intrinsic value | $

$ 19.4

^[1]

[1]	Shares valued at the market price of the underlying stock as of May 31, 2023 less the exercise price.

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