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

Other Income, Net

9 Months Ended

Feb. 29, 2024

Note E: Other Income, Net

Other income, net, consisted of the following items:


	For the three months ended						For the nine months ended
	February 29,			February 28,			February 29,			February 28,
In millions	2024			2023			2024			2023
Interest income on corporate investments	$	19.3		$	14.8		$	61.1		$	30.3
Interest expense		(9.9	)		(9.0	)		(27.8	)		(27.3	)
Other		(0.0	)		(0.3	)		0.6			1.8
Other income, net	$	9.4		$	5.5		$	33.9		$	4.8