November 30, 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

$

756.7

$

—

$

—

$

756.7

Available-for-sale securities:

Asset-backed securities

52.1

0.2

(0.1)

52.2

Corporate bonds

684.2

12.0

(0.3)

695.9

General obligation municipal bonds

734.7

10.6

—

745.3

Pre-refunded municipal bonds⁽¹⁾

23.2

0.2

—

23.4

Revenue municipal bonds

491.3

6.3

—

497.6

U.S. government agency and treasury securities

960.4

11.3

(1.5)

970.2

Variable rate demand notes

7.5

—

—

7.5

Total available-for-sale securities

2,953.4

40.6

(1.9)

2,992.1

Other

27.2

3.4

(0.1)

30.5

Total funds held for clients and corporate investments

$

3,737.3

$

44.0

$

(2.0)

$

3,779.3

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

November 30, 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:

Asset-backed securities

$

(0.1)

$

25.3

$

—

$

—

$

(0.1)

$

25.3

Corporate bonds

(0.2)

66.2

(0.1)

16.2

(0.3)

82.4

Revenue municipal bonds

—

5.2

—

—

—

5.2

U.S. government agency and treasury securities

(1.2)

232.5

(0.3)

75.9

(1.5)

308.4

Total

$

(1.5)

$

329.2

$

(0.4)

$

92.1

$

(1.9)

$

421.3

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