XML 62 R14.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Receivables | 3 Months Ended
--- | ---
Sep. 30, 2015
Accounts, Notes, Loans and Financing Receivable, Classified [Abstract] |
Receivables | Receivables Accounts receivable, net, includes the Company's trade receivables, which are recorded based upon the amount the Company expects to receive from its clients, net of an allowance for doubtful accounts. The Company's receivables also include notes receivable for the implementation and transition costs for ADP's products and services. Notes receivable are recorded based upon the amount the Company expects to receive from its clients, net of an allowance for doubtful accounts and unearned income. The allowance for doubtful accounts is the Company's best estimate of probable credit losses related to trade receivables and notes receivable based upon the aging of the receivables, historical collection data, and internal assessments of credit quality, as well as the economy as a whole. The Company charges off uncollectable amounts against the reserve in the period in which it determines they are uncollectable. Unearned income on notes receivable is amortized using the effective interest method. The Company’s receivables, whose carrying value approximates fair value, are as follows:
| September 30, 2015 |  | June 30, 2015
| Current |  | Long-term |  | Current |  | Long-term
Trade receivables | $ | 1,583.4 |  |  | $ | — |  |  | $ | 1,564.6 |  |  | $ | — |
Notes receivable | 19.8 |  |  | 34.5 |  |  | 18.8 |  |  | 34.0 |
Less: |  |  |  |  |  |  |
Allowance for doubtful accounts - trade receivables | (36.6 | ) |  | — |  |  | (35.1 | ) |  | — |
Allowance for doubtful accounts - notes receivable | (0.4 | ) |  | (0.7 | ) |  | (0.4 | ) |  | (0.6 | )
Unearned income - notes receivable | (1.0 | ) |  | (1.2 | ) |  | (1.0 | ) |  | (1.2 | )
| $ | 1,565.2 |  |  | $ | 32.6 |  |  | $ | 1,546.9 |  |  | $ | 32.2 |
During the three months ended September 30, 2014, the Company sold notes receivable related to Dealer Services financing arrangements for $207.2 million. Although the sale of the notes receivable transfers the majority of the risk to the purchaser, the Company does retain a minimal level of credit risk on the sold receivables. The cash received in exchange for the notes receivable sold was recorded within the operating activities on the Statements of Consolidated Cash Flows and the gain on sale realized was recorded within Other income, net on the Statements of Consolidated Earnings (see Note 5).

X
- References No definition available. + Details
Name: | us-gaap_AccountsNotesAndLoansReceivableClassifiedAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration