Annual report pursuant to Section 13 and 15(d)

Service Revenue (Tables)

v3.20.2
Service Revenue (Tables)
 12 Months Ended
May 31, 2020
Service Revenue [Abstract]  
Summary of PEO Pass-Through Costs Netted in Revenue

Year ended May 31,

In billions

2020

2019

2018

Payroll wages and payroll taxes

$

20.5

$

14.5

$

7.7

In millions

State unemployment insurance (included in payroll wages and payroll taxes)

$

85.7

$

82.3

$

47.5

Guaranteed cost benefit plans

$

647.0

$

451.8

$

274.2

Summary of Changes in Deferred Revenue Related to Material Right Performance Obligations

Year ended

Year ended

In millions

May 31, 2020

May 31, 2019

Balance, beginning of period

$

45.7

$

46.4

Deferral of revenue

24.7

27.6

Recognition of unearned revenue

(27.8)

(28.3)

Balance, end of period

$

42.6

$

45.7

Summary of Changes in Deferred Costs to Obtain and Fulfill Contracts

Year ended May 31, 2020

Beginning

Capitalization

Ending

In millions

balance

of costs

Amortization

balance

Costs to obtain a contract

$

464.3

$

171.7

$

(162.4)

$

473.6

Costs to fulfill a contract

$

66.1

$

24.9

$

(23.7)

$

67.3

Year ended May 31, 2019

Beginning

Capitalization

Ending

In millions

balance

of costs

Amortization

balance

Costs to obtain a contract

$

455.0

$

166.5

$

(157.2)

$

464.3

Costs to fulfill a contract

$

65.4

$

23.7

$

(23.0)

$

66.1