XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Short-term Financing (Tables) | 9 Months Ended
--- | ---
Feb. 28, 2017
Line of Credit [Member] |
Line of Credit Facility [Line Items] |
Lines of Credit Facility Amount Available or Amount Borrowed |
﻿ |  |  |  |
﻿ |  |  |  |
﻿Financial institution |  | Amount available |  | Expiration date
﻿JP Morgan Chase Bank, N.A. |  | $350 million |  | February 28, 2018
﻿Bank of America, N.A. |  | $250 million |  | February 28, 2018
﻿PNC Bank, National Association |  | $150 million |  | February 28, 2018
﻿Wells Fargo Bank, National Association |  | $150 million |  | February 28, 2018
﻿
Revolving Credit Facility [Member] |
Line of Credit Facility [Line Items] |
Lines of Credit Facility Amount Available or Amount Borrowed |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | For the three months ended |  | For the nine months ended
﻿ |  |  | February 28, |  |  |  | February 29, |  |  |  | February 28, |  |  |  | February 29, |
﻿$ in millions |  | 2017 |  | 2016 |  | 2017 |  | 2016
﻿Number of days borrowed |  |  | 8 |  |  |  | — |  |  |  | 27 |  |  |  | 3 |
﻿Maximum amount borrowed |  | $ | 250.0 |  |  | $ | — |  |  | $ | 350.0 |  |  | $ | 350.0 |
﻿Weighted-average amount borrowed |  | $ | 81.3 |  |  | $ | — |  |  | $ | 183.3 |  |  | $ | 217.0 |
﻿Weighted-average interest rate |  |  | 2.24 | % |  |  | — | % |  |  | 2.68 | % |  |  | 3.25 | %
﻿
PNC Bank, National Association [Member] | Revolving Credit Facility [Member] |
Line of Credit Facility [Line Items] |
Lines of Credit Facility Amount Available or Amount Borrowed |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  | For the three months ended |  | For the nine months ended
﻿ |  |  |  |  |  |  |  |  |  | February 28, |  | February 28,
﻿$ in millions |  |  |  |  |  |  |  |  |  | 2017 |  | 2017
﻿Number of days borrowed |  |  |  |  |  |  |  |  |  |  | 90 |  |  |  | 267 |
﻿Maximum amount borrowed |  |  |  |  |  |  |  |  |  | $ | 55.6 |  |  | $ | 55.6 |
﻿Weighted-average amount borrowed |  |  |  |  |  |  |  |  |  | $ | 55.3 |  |  | $ | 52.6 |
﻿Weighted-average interest rate |  |  |  |  |  |  |  |  |  |  | 1.27 | % |  |  | 1.13 | %
﻿

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + 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 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=payx_PncBankNationalAssociationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |