Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Stockholders' Equity

v3.26.1
Consolidated Statements of Stockholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Net unrealized (loss)/gain on AFS securities [Member]
Cash Flow Hedges [Member]
Foreign Currency Translation [Member]
Accumulated Other Comprehensive Loss [Member]
Beginning balance, Shares at May. 31, 2024   360.1            
Beginning balance at May. 31, 2024 $ 3,801.0 $ 3.6 $ 1,729.5 $ 2,213.0 $ (120.7)   $ (24.4) $ (145.1)
Net Income (Loss) 1,360.1     1,360.1        
Unrealized gains on securities, net of tax expense (benefit) 55.0       70.9 $ (15.9)   55.0
Reclassification adjustment for realized gains (losses) on securities, net of tax expense [1] 7.6       0.3 7.3   7.6
Cash dividends declared (1,058.9)     (1,058.9)        
Repurchases of common shares including excise taxes, Shares [2]   (0.8)            
Repurchases of common shares including excise taxes [2] (104.5) $ 0.0 (4.0) (100.5)        
Stock-based compensation costs 50.5   50.5          
Foreign currency translation adjustment (7.1)           (7.1) (7.1)
Activity related to equity-based plans, Shares   0.9            
Activity related to equity-based plans 12.9 $ 0.0 38.8 (25.9)        
Ending balance, Shares at Feb. 28, 2025   360.2            
Ending balance at Feb. 28, 2025 4,116.6 $ 3.6 1,814.8 2,387.8 (49.5) (8.6) (31.5) (89.6)
Beginning balance, Shares at Nov. 30, 2024   360.1            
Beginning balance at Nov. 30, 2024 3,925.7 $ 3.6 1,789.4 2,224.6 (63.1)   (28.8) (91.9)
Net Income (Loss) 519.3     519.3        
Unrealized gains on securities, net of tax expense (benefit) (2.6)       13.3 (15.9)   (2.6)
Reclassification adjustment for realized gains (losses) on securities, net of tax expense [1] 7.6       0.3 7.3   7.6
Cash dividends declared (353.2)     (353.2)        
Stock-based compensation costs 17.6   17.6          
Foreign currency translation adjustment (2.7)           (2.7) (2.7)
Activity related to equity-based plans, Shares   0.1            
Activity related to equity-based plans 4.9 $ 0.0 7.8 (2.9)        
Ending balance, Shares at Feb. 28, 2025   360.2            
Ending balance at Feb. 28, 2025 $ 4,116.6 $ 3.6 1,814.8 2,387.8 (49.5) $ (8.6) (31.5) (89.6)
Beginning balance, Shares at May. 31, 2025 360.5 360.5            
Beginning balance at May. 31, 2025 $ 4,128.0 $ 3.6 1,901.1 2,277.0 (38.5)   (15.2) (53.7)
Net Income (Loss) 1,339.5     1,339.5        
Unrealized gains on securities, net of tax expense (benefit) 51.0       51.0     51.0
Reclassification adjustment for realized gains (losses) on securities, net of tax expense [3] (5.5)       (5.5)     (5.5)
Cash dividends declared (1,165.0)     (1,165.0)        
Repurchases of common shares including excise taxes, Shares [4]   (2.9)            
Repurchases of common shares including excise taxes [4] (361.6) $ 0.0 (13.9) (347.7)        
Stock-based compensation costs 75.4   75.4          
Foreign currency translation adjustment 5.5           5.5 5.5
Activity related to equity-based plans, Shares   0.7            
Activity related to equity-based plans $ (53.7) $ 0.0 2.8 (56.5)        
Ending balance, Shares at Feb. 28, 2026 358.3 358.3            
Ending balance at Feb. 28, 2026 $ 4,013.6 $ 3.6 1,965.4 2,047.3 7.0   (9.7) (2.7)
Beginning balance, Shares at Nov. 30, 2025   359.0            
Beginning balance at Nov. 30, 2025 3,880.1 $ 3.6 1,944.1 1,950.0 (5.3)   (12.3) (17.6)
Net Income (Loss) 560.3     560.3        
Unrealized gains on securities, net of tax expense (benefit) 12.5       12.5     12.5
Reclassification adjustment for realized gains (losses) on securities, net of tax expense [3] (0.2)       (0.2)     (0.2)
Cash dividends declared (388.0)     (388.0)        
Repurchases of common shares including excise taxes, Shares [4]   (0.8)            
Repurchases of common shares including excise taxes [4] (75.0) $ 0.0 (3.7) (71.3)        
Stock-based compensation costs 23.1   23.1          
Foreign currency translation adjustment 2.6           2.6 2.6
Activity related to equity-based plans, Shares   0.1            
Activity related to equity-based plans $ (1.8) $ 0.0 1.9 (3.7)        
Ending balance, Shares at Feb. 28, 2026 358.3 358.3            
Ending balance at Feb. 28, 2026 $ 4,013.6 $ 3.6 $ 1,965.4 $ 2,047.3 $ 7.0   $ (9.7) $ (2.7)
[1] Reclassification adjustments to earnings on the sale of AFS securities are reflected in interest on funds held for clients and other income, net on the Consolidated Statements of Income and Comprehensive Income.
[2] The Company maintained a program to repurchase up to $400.0 million of its common stock with authorization that expired on January 16, 2026, at which time $9.4 million of unused repurchase authorization expired. On January 16, 2026, the Company's Board approved a program to repurchase up to an additional $1.0 billion of its common stock with no expiration date. The purpose of this program is to manage common stock dilution. All shares of common stock repurchased were retired.
[3] Reclassification adjustments to earnings on the sale of available-for-sale ("AFS") securities are reflected in interest on funds held for clients and other income, net on the Consolidated Statements of Income and Comprehensive Income.
[4] The Company maintained a program to repurchase up to $400.0 million of its common stock with authorization that expired on January 16, 2026, at which time $9.4 million of unused repurchase authorization expired. On January 16, 2026, the Company's Board approved a program to repurchase up to an additional $1.0 billion of its common stock with no expiration date. The purpose of this program is to manage common stock dilution. All shares of common stock repurchased were retired.