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

Short-term Financing (Narrative) (Details)

v3.25.2

Short-term Financing (Narrative) (Details) - USD ($) $ in Millions				5 Months Ended	12 Months Ended
	Jun. 01, 2025	Apr. 12, 2024	Apr. 11, 2024	May 31, 2025	May 31, 2025	Jan. 31, 2025	Jan. 07, 2025	May 31, 2024
JP Morgan Chase Bank, N.A. [Member] \| Interest Rate Swaption [Member]
Financing [Line Items]
Aggregate notional amount						$ 3,000.0
Swaption contract assets, premium paid						$ 19.2
2019 Credit Facility [Member] \| JP Morgan Chase Bank, N.A. [Member]
Financing [Line Items]
Maximum borrowing capacity		$ 1,000.0
Term of unsecured line of credit facility		5 years
Expiration date		Apr. 12, 2029	Jul. 31, 2024
2017 Credit Facility [Member] \| JP Morgan Chase Bank, N.A. [Member]
Financing [Line Items]
Maximum borrowing capacity		$ 750.0
Term of unsecured line of credit facility		5 years
Revolving Credit Facility [Member]
Financing [Line Items]
Maximum borrowing capacity				$ 2,000.0	$ 2,000.0
Standby Letters of Credit [Member]
Financing [Line Items]
Maximum borrowing capacity				165.0	165.0			$ 168.5
Amounts outstanding				0.0	$ 0.0			$ 0.0
Standby Letters of Credit [Member] \| Subsequent Event [Member]
Financing [Line Items]
Renewal term	1 year
Bridge Loan Facility [Member] \| JP Morgan Chase Bank, N.A. [Member]
Financing [Line Items]
Maximum borrowing capacity							$ 3,500.0
Debt financing fees, including structuring and commitment fees				$ 14.9
Minimum [Member] \| Revolving Credit Facility [Member]
Financing [Line Items]
Commitment fee, percentage					0.05%
Minimum [Member] \| Standby Letters of Credit [Member]
Financing [Line Items]
Expiration date					Jun. 01, 2025
Maximum [Member] \| Revolving Credit Facility [Member]
Financing [Line Items]
Commitment fee, percentage					0.15%
Maximum [Member] \| Standby Letters of Credit [Member]
Financing [Line Items]
Expiration date					Feb. 28, 2027

- Definition

Line of credit facility renewal term.

+ References

No definition available.

+ Details

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- Definition

Represents the charge against earnings during the period for commitment fees and debt issuance expenses.

+ References

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- Definition

Nominal or face amount used to calculate payment on derivative.

+ References

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- Definition

Amount of premium paid on derivative.

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- Definition

The total amount of the contingent obligation under letters of credit outstanding as of the reporting date.

+ References

No definition available.

+ Details

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Balance Type:	credit
Period Type:	instant

- Definition

Date the credit facility terminates, in YYYY-MM-DD format.

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- Definition

Period remaining on line of credit facility before it terminates, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

+ References

No definition available.

+ Details

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

+ References

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- Definition

The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility.

+ References

No definition available.

+ Details

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