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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Description of Business, Basis of Presentation, and Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Commitments and Contingencies (Details Textual)

v2.4.1.9

Commitments and Contingencies (Details Textual) (USD $)	3 Months Ended		6 Months Ended
Commitments and Contingencies (Details Textual) (USD $)	Nov. 30, 2014	Aug. 31, 2014	Nov. 30, 2014	May 31, 2014
Commitments and Contingencies (Textual)
Commitments to purchase capital assets	$ 14,100,000us-gaap_ContractualObligation		$ 14,100,000us-gaap_ContractualObligation	$ 16,000,000us-gaap_ContractualObligation
Line of Credit [Member]
Line of Credit Facility [Line Items]
Amount outstanding	0		0
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Amount outstanding	0		0
Maximum amount outstanding during period	150,000,000	100,000,000
Interest rate on amount borrowed			3.25%
Maximum borrowing capacity	750,000,000		750,000,000
Expiration date			Jun. 21, 2018
Standby Letters of Credit [Member]
Line of Credit Facility [Line Items]
Amount available	43,000,000		43,000,000	43,000,000
Expiration date range of letters of credit			April 2015 and December 2015
Irrevocable stand by letters of credit amount outstanding	$ 0		$ 0

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+ References

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- Definition

Irrevocable standby letters of credit amount available.

+ References

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- Definition

Amount of contractual obligation, including but not limited to, long-term debt, capital lease obligations, operating lease obligations, purchase obligations, and other commitments.

+ References

No definition available.

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- Definition

The total amount of the contingent obligation under letters of credit outstanding as of the reporting date.

+ References

No definition available.

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- Definition

Date the credit facility terminates, in CCYY-MM-DD format.

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

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- Definition

The effective interest rate during the reporting period.

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Maximum amount borrowed under the credit facility at any time during the period.

+ References

No definition available.

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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- Definition

Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.

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