August 31, 2019

Gross

Gross

Amortized

unrealized

unrealized

Fair

In millions

cost

gains

losses

value

Type of issue:

Funds held for clients' money market securities and other
‎   cash equivalents

$

717.4

$

—

$

—

$

717.4

Available-for-sale securities:

Asset-backed securities

26.4

0.2

—

26.6

Corporate bonds

683.8

14.8

(0.1)

698.5

General obligation municipal bonds

775.0

14.1

—

789.1

Pre-refunded municipal bonds⁽¹⁾

23.3

0.3

—

23.6

Revenue municipal bonds

512.1

9.2

—

521.3

U.S. government agency and treasury securities

963.8

15.3

(0.4)

978.7

Variable rate demand notes

35.0

—

—

35.0

Total available-for-sale securities

3,019.4

53.9

(0.5)

3,072.8

Other

27.7

2.6

(0.2)

30.1

Total funds held for clients and corporate investments

$

3,764.5

$

56.5

$

(0.7)

$

3,820.3

May 31, 2019

Gross

Gross

Amortized

unrealized

unrealized

Fair

In millions

cost

gains

losses

value

Type of issue:

Funds held for clients' money market securities and other
‎   cash equivalents

$

204.5

$

—

$

—

$

204.5

Available-for-sale securities:

Asset-backed securities

5.3

—

—

5.3

Corporate bonds

442.1

5.3

(0.9)

446.5

General obligation municipal bonds

840.6

7.5

(0.3)

847.8

Pre-refunded municipal bonds⁽¹⁾

25.6

0.2

—

25.8

Revenue municipal bonds

545.4

4.7

(0.2)

549.9

U.S. government agency and treasury securities

612.5

4.7

(1.3)

615.9

Variable rate demand notes

1,129.6

—

—

1,129.6

Total available-for-sale securities

3,601.1

22.4

(2.7)

3,620.8

Other

26.3

1.7

(0.3)

27.7

Total funds held for clients and corporate investments

$

3,831.9

$

24.1

$

(3.0)

$

3,853.0

August 31, 2019

Securities in an unrealized 
‎loss position for less than 
‎twelve months

Securities in an unrealized 
‎loss position for more than 
‎twelve months

Total

Gross

Gross

Gross

unrealized

Fair

unrealized

Fair

unrealized

Fair

In millions

losses

value

losses

value

losses

value

Type of issue:

Corporate bonds

$

—

$

2.2

$

(0.1)

$

31.7

$

(0.1)

$

33.9

General obligation municipal bonds

—

—

—

2.2

—

2.2

Revenue municipal bonds

—

1.8

—

—

—

1.8

U.S. government agency and treasury securities

—

53.5

(0.4)

82.8

(0.4)

136.3

Total

$

—

$

57.5

$

(0.5)

$

116.7

$

(0.5)

$

174.2

May 31, 2019

Securities in an unrealized 
‎loss position for less than 
‎twelve months

Securities in an unrealized 
‎loss position for more than 
‎twelve months

Total

Gross

Gross

Gross

unrealized

Fair

unrealized

Fair

unrealized

Fair

In millions

losses

value

losses

value

losses

value

Type of issue:

Corporate bonds

$

—

$

1.5

$

(0.9)

$

133.8

$

(0.9)

$

135.3

General obligation municipal bonds

—

3.0

(0.3)

168.3

(0.3)

171.3

Pre-refunded municipal bonds

—

0.1

—

1.6

—

1.7

Revenue municipal bonds

—

0.1

(0.2)

79.2

(0.2)

79.3

U.S. government agency and treasury securities

—

4.7

(1.3)

175.6

(1.3)

180.3

Total

$

—

$

9.4

$

(2.7)

$

558.5

$

(2.7)

$

567.9