November 30, 2021

Gross

Gross

Amortized

unrealized

unrealized

Fair

In millions

cost

gains

losses

value

Type of issue:

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

$

905.6

$

—

$

—

$

905.6

AFS securities:

Asset-backed securities

76.5

0.7

(0.2)

77.0

Corporate bonds

664.9

17.2

(1.6)

680.5

Municipal bonds

1,678.6

20.3

(9.5)

1,689.4

U.S. government agency securities

522.7

12.3

(3.3)

531.7

Variable rate demand notes

338.5

—

—

338.5

Total AFS securities

3,281.2

50.5

(14.6)

3,317.1

Other

30.2

4.9

(0.2)

34.9

Total funds held for clients and corporate investments

$

4,217.0

$

55.4

$

(14.8)

$

4,257.6

May 31, 2021

Gross

Gross

Amortized

unrealized

unrealized

Fair

In millions

cost

gains

losses

value

Type of issue:

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

$

739.6

$

—

$

—

$

739.6

AFS securities:

Asset-backed securities

86.5

1.4

—

87.9

Corporate bonds

635.8

28.8

(0.2)

664.4

Municipal bonds

1,669.0

33.0

(2.3)

1,699.7

U.S. government agency securities

549.6

20.1

(1.5)

568.2

Variable rate demand notes

—

—

—

—

Total AFS securities

2,940.9

83.3

(4.0)

3,020.2

Other

26.4

7.7

(0.1)

34.0

Total funds held for clients and corporate investments

$

3,706.9

$

91.0

$

(4.1)

$

3,793.8

November 30, 2021

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

$

(0.2)

$

15.2

$

—

$

—

$

(0.2)

$

15.2

Corporate bonds

(1.6)

107.0

—

—

(1.6)

107.0

Municipal bonds

(9.5)

737.1

—

—

(9.5)

737.1

U.S. government agency securities

(3.2)

121.2

(0.1)

6.1

(3.3)

127.3

Total

$

(14.5)

$

980.5

$

(0.1)

$

6.1

$

(14.6)

$

986.6

May 31, 2021

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

$

—

$

7.1

$

—

$

—

$

—

$

7.1

Corporate bonds

(0.2)

22.0

—

—

(0.2)

22.0

Municipal bonds

(2.3)

288.2

—

—

(2.3)

288.2

U.S. government agency securities

(1.5)

102.6

—

—

(1.5)

102.6

Total

$

(4.0)

$

419.9

$

—

$

—

$

(4.0)

$

419.9

November 30, 2021

Amortized

Fair

In millions

cost

value

Maturity date:

Due in one year or less

$

349.5

$

352.4

Due after one year through three years

670.5

690.1

Due after three years through five years

1,122.5

1,142.7

Due after five years

1,138.7

1,131.9

Total

$

3,281.2

$

3,317.1