Paychex, Inc. Quarterly report pursuant to Section 13 or 15(d)

Long-Term Financing (Schedule Of Long-Term Debt) (Details)

v3.19.3

Long-Term Financing (Schedule Of Long-Term Debt) (Details) - USD ($) $ in Millions	Aug. 31, 2019	May 31, 2019
Debt Instrument [Line Items]
Total long-term borrowings, Amortized cost	$ 800.0	$ 800.0
Less: Debt issuance costs, net of accumulated amortization, Amortized cost	(3.5)	(3.6)
Long-term borrowings, net of debt issuance costs, Amortized cost	796.5	796.4
Senior Notes [Member]
Debt Instrument [Line Items]
Total long-term borrowings, Amortized cost	800.0	800.0
Senior Notes, Series A [Member] \| Senior Notes [Member]
Debt Instrument [Line Items]
Total long-term borrowings, Amortized cost	400.0	400.0
Senior Notes, Series B [Member] \| Senior Notes [Member]
Debt Instrument [Line Items]
Total long-term borrowings, Amortized cost	$ 400.0	$ 400.0

- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

+ References

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+ References

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Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.

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- Definition

Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
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