Funds Held for Clients and Corporate Investments (Details) (USD $)
In Millions, unless otherwise specified |
Nov. 30, 2014
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May 31, 2014
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Type of issue: | ||||||
Funds held for clients money market securities and other cash equivalents, Amortized cost | $ 1,523.4payx_FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsAmortizedCost | $ 1,579.2payx_FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsAmortizedCost | ||||
Funds held for clients money market securities and other cash equivalents, Gross unrealized gains | 0payx_FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsGrossUnrealizedGains | 0payx_FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsGrossUnrealizedGains | ||||
Funds held for clients money market securities and other cash equivalents, Gross unrealized losses | 0payx_FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsGrossUnrealizedLosses | 0payx_FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsGrossUnrealizedLosses | ||||
Funds held for clients money market securities and other cash equivalents, Fair value | 1,523.4payx_FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsFairValue | 1,579.2payx_FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsFairValue | ||||
Available-for-sale securities: | ||||||
Amortized cost | 3,246.4us-gaap_AvailableForSaleSecuritiesAmortizedCost | 3,356.9us-gaap_AvailableForSaleSecuritiesAmortizedCost | ||||
Gross unrealized gains | 37.3payx_AvailableForSaleSecuritiesGrossUnrealizedGains1 | 37.5payx_AvailableForSaleSecuritiesGrossUnrealizedGains1 | ||||
Gross unreailzed losses | (1.4)payx_AvailableForSaleSecuritiesGrossUnrealizedLosses | (3.0)payx_AvailableForSaleSecuritiesGrossUnrealizedLosses | ||||
Fair value | 3,282.3us-gaap_AvailableForSaleSecurities | 3,391.4us-gaap_AvailableForSaleSecurities | ||||
Other, Amortized cost | 12.3payx_OtherSecuritiesAmortizedCost | 10.6payx_OtherSecuritiesAmortizedCost | ||||
Other, Gross unrealized gains | 1.8payx_OtherSecuritiesGrossUnrealizedGains | 1.7payx_OtherSecuritiesGrossUnrealizedGains | ||||
Other, Gross unrealized losses | 0payx_OtherSecuritiesGrossUnrealizedLosses | 0payx_OtherSecuritiesGrossUnrealizedLosses | ||||
Other, Fair value | 14.1payx_OtherSecuritiesFairValue | 12.3payx_OtherSecuritiesFairValue | ||||
Total funds held for clients and corporate investments, Amortized cost | 4,782.1payx_FundsHeldForClientsAndCorporateInvestmentsAmortizedCost | 4,946.7payx_FundsHeldForClientsAndCorporateInvestmentsAmortizedCost | ||||
Total funds held for clients and corporate investments, Gross unrealized gains | 39.1payx_FundsHeldForClientsAndCorporateInvestmentsGrossUnrealizedGains | 39.2payx_FundsHeldForClientsAndCorporateInvestmentsGrossUnrealizedGains | ||||
Total funds held for clients and corporate investments, Gross unrealized losses | (1.4)payx_FundsHeldForClientsAndCorporateInvestmentsGrossUnrealizedLosses | (3.0)payx_FundsHeldForClientsAndCorporateInvestmentsGrossUnrealizedLosses | ||||
Total funds held for clients and corporate investments, Fair value | 4,819.8payx_FundsHeldForClientsAndCorporateInvestmentsFairValue | 4,982.9payx_FundsHeldForClientsAndCorporateInvestmentsFairValue | ||||
General obligation municipal bonds [Member] | ||||||
Available-for-sale securities: | ||||||
Amortized cost |
1,676.8us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_GeneralObligationMunicipalBondsMember |
1,605.4us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_GeneralObligationMunicipalBondsMember |
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Gross unrealized gains |
24.0payx_AvailableForSaleSecuritiesGrossUnrealizedGains1 / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_GeneralObligationMunicipalBondsMember |
25.0payx_AvailableForSaleSecuritiesGrossUnrealizedGains1 / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_GeneralObligationMunicipalBondsMember |
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Gross unreailzed losses |
(1.0)payx_AvailableForSaleSecuritiesGrossUnrealizedLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_GeneralObligationMunicipalBondsMember |
(1.9)payx_AvailableForSaleSecuritiesGrossUnrealizedLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_GeneralObligationMunicipalBondsMember |
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Fair value |
1,699.8us-gaap_AvailableForSaleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_GeneralObligationMunicipalBondsMember |
1,628.5us-gaap_AvailableForSaleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_GeneralObligationMunicipalBondsMember |
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Pre-refunded municipal bonds [Member] | ||||||
Available-for-sale securities: | ||||||
Amortized cost |
126.8us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_PreRefundedMunicipalBondsMember |
[1] |
140.4us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_PreRefundedMunicipalBondsMember |
[1] | ||
Gross unrealized gains |
2.1payx_AvailableForSaleSecuritiesGrossUnrealizedGains1 / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_PreRefundedMunicipalBondsMember |
[1] |
2.4payx_AvailableForSaleSecuritiesGrossUnrealizedGains1 / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_PreRefundedMunicipalBondsMember |
[1] | ||
Gross unreailzed losses |
0payx_AvailableForSaleSecuritiesGrossUnrealizedLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_PreRefundedMunicipalBondsMember |
[1] |
0payx_AvailableForSaleSecuritiesGrossUnrealizedLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_PreRefundedMunicipalBondsMember |
[1] | ||
Fair value |
128.9us-gaap_AvailableForSaleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_PreRefundedMunicipalBondsMember |
[1] |
142.8us-gaap_AvailableForSaleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_PreRefundedMunicipalBondsMember |
[1] | ||
Revenue municipal bonds [Member] | ||||||
Available-for-sale securities: | ||||||
Amortized cost |
960.8us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_RevenueMunicipalBondsMember |
858.8us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_RevenueMunicipalBondsMember |
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Gross unrealized gains |
11.2payx_AvailableForSaleSecuritiesGrossUnrealizedGains1 / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_RevenueMunicipalBondsMember |
10.1payx_AvailableForSaleSecuritiesGrossUnrealizedGains1 / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_RevenueMunicipalBondsMember |
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Gross unreailzed losses |
(0.4)payx_AvailableForSaleSecuritiesGrossUnrealizedLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_RevenueMunicipalBondsMember |
(1.1)payx_AvailableForSaleSecuritiesGrossUnrealizedLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_RevenueMunicipalBondsMember |
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Fair value |
971.6us-gaap_AvailableForSaleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_RevenueMunicipalBondsMember |
867.8us-gaap_AvailableForSaleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = payx_RevenueMunicipalBondsMember |
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Variable rate demand notes [Member] | ||||||
Available-for-sale securities: | ||||||
Amortized cost |
482.0us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_VariableRateDemandObligationMember |
752.3us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_VariableRateDemandObligationMember |
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Gross unrealized gains |
0payx_AvailableForSaleSecuritiesGrossUnrealizedGains1 / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_VariableRateDemandObligationMember |
0payx_AvailableForSaleSecuritiesGrossUnrealizedGains1 / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_VariableRateDemandObligationMember |
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Gross unreailzed losses |
0payx_AvailableForSaleSecuritiesGrossUnrealizedLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_VariableRateDemandObligationMember |
0payx_AvailableForSaleSecuritiesGrossUnrealizedLosses / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_VariableRateDemandObligationMember |
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Fair value |
$ 482.0us-gaap_AvailableForSaleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_VariableRateDemandObligationMember |
$ 752.3us-gaap_AvailableForSaleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_VariableRateDemandObligationMember |
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- Definition
This item represents the gross unrealized gains for securities, at a point in time, which are categorized neither as held-to-maturity nor trading securities. No definition available.
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- Definition
This item represents the gross unrealized losses for securities, at a point in time, which are categorized neither as held-to-maturity nor trading securities. No definition available.
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- Definition
Funds held for clients and corporate investments amortized cost. No definition available.
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- Definition
Funds held for clients and corporate investments, fair value. No definition available.
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- Definition
Funds held for clients and corporate investments gross unrealized gains. No definition available.
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- Definition
Funds held for clients and corporate investments, Gross unrealized losses. No definition available.
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- Definition
Funds held for clients money market securities and other cash equivalents, amortized cost. No definition available.
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- Definition
Funds held for clients money market securities and other cash equivalents, fair value. No definition available.
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- Definition
Funds held for clients money market securities and other cash equivalents gross unrealized gains. No definition available.
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- Definition
Funds held for clients money market securities and other cash equivalents gross unrealized losses. No definition available.
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- Definition
Other securities amortized cost. No definition available.
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- Definition
Other securities fair value. No definition available.
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Other securities gross unrealized gains. No definition available.
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Other securities gross unrealized losses. No definition available.
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- Definition
Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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