Annual report [Section 13 and 15(d), not S-K Item 405]

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 Income/(Loss) [Member]
Beginning balance, Shares at May. 31, 2022   359.9            
Beginning balance at May. 31, 2022 $ 3,085.2 $ 3.6 $ 1,545.9 $ 1,669.6 $ (101.1)   $ (32.8) $ (133.9)
Net income 1,557.3     1,557.3        
Unrealized gains/(losses) on securities, net of tax expense (benefit) (36.6)       (36.6)     (36.6)
Reclassification adjustment for realized gains (losses) on securities, net of tax expense (benefit) [1] 7.4       7.4     7.4
Dividends declared (1,175.5)     (1,175.5)        
Stock-based compensation 62.6   62.6          
Foreign currency translation adjustment 3.2           3.2 3.2
Activity related to equity-based plans, Shares   0.6            
Activity related to equity-based plans (10.4) $ 0.0 17.9 (28.3)        
Ending balance, Shares at May. 31, 2023   360.5            
Ending balance at May. 31, 2023 3,493.2 $ 3.6 1,626.4 2,023.1 (130.3)   (29.6) (159.9)
Net income 1,690.4     1,690.4        
Unrealized gains/(losses) on securities, net of tax expense (benefit) 7.6       7.6     7.6
Reclassification adjustment for realized gains (losses) on securities, net of tax expense (benefit) [1] 2.0       2.0     2.0
Dividends declared (1,315.4)     (1,315.4)        
Repurchases of common shares, Shares [2]   (1.5)            
Repurchases of common shares [2] (169.2) $ 0.0 (6.2) (163.0)        
Stock-based compensation 61.1   61.1          
Foreign currency translation adjustment 5.2           5.2 5.2
Activity related to equity-based plans, Shares   1.1            
Activity related to equity-based plans $ 26.1 $ 0.0 48.2 (22.1)        
Ending balance, Shares at May. 31, 2024 360.1 360.1            
Ending balance at May. 31, 2024 $ 3,801.0 $ 3.6 1,729.5 2,213.0 (120.7)   (24.4) (145.1)
Net income 1,657.3     1,657.3        
Unrealized gains/(losses) on securities, net of tax expense (benefit) 62.7       81.9 $ (19.2)   62.7
Reclassification adjustment for realized gains (losses) on securities, net of tax expense (benefit) [1] 19.5       0.3 $ 19.2   19.5
Dividends declared (1,448.7)     (1,448.7)        
Repurchases of common shares, Shares [2]   (0.8)            
Repurchases of common shares [2] (104.5) $ 0.0 (4.0) (100.5)        
Stock-based compensation 111.8   111.8          
Fair value of awards included in transaction consideration 15.9   15.9          
Foreign currency translation adjustment 9.2           9.2 9.2
Activity related to equity-based plans, Shares   1.2            
Activity related to equity-based plans $ 3.8 $ 0.0 47.9 (44.1)        
Ending balance, Shares at May. 31, 2025 360.5 360.5            
Ending balance at May. 31, 2025 $ 4,128.0 $ 3.6 $ 1,901.1 $ 2,277.0 $ (38.5)   $ (15.2) $ (53.7)
[1] Reclassification adjustments out of accumulated other comprehensive income/(loss) for realized (losses)/gains, net of tax, on the sale of available-for-sale (“AFS”) securities are reflected in interest on funds held for clients and other income/(expense), net on the Consolidated Statements of Income and Comprehensive Income.
[2] The Company maintains a program to repurchase up to $400.0 million of its common stock, with authorization expiring May 31, 2027. The Company maintained a separate program to repurchase up to $400.0 million of its common stock which expired on January 31, 2024. The purpose of these programs is to manage common stock dilution. All shares of common stock repurchased were retired.