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Quarterly Financial Data (Unaudited) | 12 Months Ended
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May 31, 2013
Quarterly Financial Data (Unaudited) [Abstract] |
Quarterly Financial Data (Unaudited) | Quarterly Financial Data (Unaudited) In millions, except per share amounts
|  | Three Months Ended |  |
Fiscal 2013 |  | August 31 |  | November 30 |  | February 28 |  | May 31(1) |  | Full Year
Service revenue |  | $ | 568.1 |  |  | $ | 559.4 |  |  | $ | 582.4 |  |  | $ | 575.3 |  |  | $ | 2,285.2 |
Interest on funds held for clients |  | 10.1 |  |  | 10.0 |  |  | 10.9 |  |  | 10.0 |  |  | 41.0 |
Total revenue |  | 578.2 |  |  | 569.4 |  |  | 593.3 |  |  | 585.3 |  |  | 2,326.2 |
Operating income |  | 238.0 |  |  | 230.0 |  |  | 225.0 |  |  | 211.8 |  |  | 904.8 |
Investment income, net |  | 1.9 |  |  | 1.9 |  |  | 1.4 |  |  | 1.4 |  |  | 6.6 |
Income before income taxes |  | 239.9 |  |  | 231.9 |  |  | 226.4 |  |  | 213.2 |  |  | 911.4 |
Income taxes |  | 86.8 |  |  | 84.0 |  |  | 81.9 |  |  | 89.7 |  |  | 342.4 |
Net income |  | $ | 153.1 |  |  | $ | 147.9 |  |  | $ | 144.5 |  |  | $ | 123.5 |  |  | $ | 569.0 |
Basic earnings per share(2) |  | $ | 0.42 |  |  | $ | 0.41 |  |  | $ | 0.40 |  |  | $ | 0.34 |  |  | $ | 1.56 |
Diluted earnings per share(2) |  | $ | 0.42 |  |  | $ | 0.41 |  |  | $ | 0.40 |  |  | $ | 0.34 |  |  | $ | 1.56 |
Weighted-average common shares outstanding |  | 363.0 |  |  | 363.6 |  |  | 363.8 |  |  | 364.6 |  |  | 363.8 |
Weighted-average common shares outstanding, assuming dilution |  | 363.8 |  |  | 364.4 |  |  | 364.6 |  |  | 365.9 |  |  | 364.7 |
Cash dividends per common share |  | $ | 0.32 |  |  | $ | 0.33 |  |  | $ | 0.66 |  |  | $ | — |  |  | $ | 1.31 |
Total net realized gains(3) |  | $ | 0.2 |  |  | $ | 0.1 |  |  | $ | 0.6 |  |  | $ | — |  |  | $ | 0.9 |
|  | Three Months Ended |  |
Fiscal 2012 |  | August 31 |  | November 30 |  | February 29 |  | May 31 |  | Full Year
Service revenue |  | $ | 552.0 |  |  | $ | 535.0 |  |  | $ | 558.5 |  |  | $ | 540.7 |  |  | $ | 2,186.2 |
Interest on funds held for clients |  | 11.1 |  |  | 10.7 |  |  | 11.0 |  |  | 10.8 |  |  | 43.6 |
Total revenue |  | 563.1 |  |  | 545.7 |  |  | 569.5 |  |  | 551.5 |  |  | 2,229.8 |
Operating income |  | 229.7 |  |  | 217.9 |  |  | 210.4 |  |  | 195.9 |  |  | 853.9 |
Investment income, net |  | 1.5 |  |  | 1.5 |  |  | 1.6 |  |  | 1.8 |  |  | 6.4 |
Income before income taxes |  | 231.2 |  |  | 219.4 |  |  | 212.0 |  |  | 197.7 |  |  | 860.3 |
Income taxes |  | 82.3 |  |  | 79.0 |  |  | 76.6 |  |  | 74.4 |  |  | 312.3 |
Net income |  | $ | 148.9 |  |  | $ | 140.4 |  |  | $ | 135.4 |  |  | $ | 123.3 |  |  | $ | 548.0 |
Basic earnings per share(2) |  | $ | 0.41 |  |  | $ | 0.39 |  |  | $ | 0.37 |  |  | $ | 0.34 |  |  | $ | 1.51 |
Diluted earnings per share(2) |  | $ | 0.41 |  |  | $ | 0.39 |  |  | $ | 0.37 |  |  | $ | 0.34 |  |  | $ | 1.51 |
Weighted-average common shares outstanding |  | 362.2 |  |  | 362.4 |  |  | 362.5 |  |  | 362.6 |  |  | 362.4 |
Weighted-average common shares outstanding, assuming dilution |  | 362.8 |  |  | 362.8 |  |  | 363.1 |  |  | 363.4 |  |  | 363.0 |
Cash dividends per common share |  | $ | 0.31 |  |  | $ | 0.32 |  |  | $ | 0.32 |  |  | $ | 0.32 |  |  | $ | 1.27 |
Total net realized gains(3) |  | $ | 0.1 |  |  | $ | 0.1 |  |  | $ | 0.4 |  |  | $ | 0.4 |  |  | $ | 1.0 |
(1) | In the fourth quarter of fiscal 2013, the Company increased its tax provision related to the settlement of a state income tax matter. This reduced diluted earnings per share by approximately $0.04 per share.
(2) | Each quarter is a discrete period and the sum of the four quarters’ basic and diluted earnings per share amounts may not equal the full year amount.
(3) | Total net realized gains on the combined funds held for clients and corporate investment portfolios.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 23, 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=20225539&loc=d3e1280-108306 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 30 -Subparagraph a-j -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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