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v3.23.3

Consolidated Statements of Stockholders' Equity - USD ($) shares in Millions, $ in Millions | Total | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Loss [Member]
--- | --- | --- | --- | --- | ---
Beginning balance, Shares at May. 31, 2022 |  |  | 359.9 |  |  |
Beginning balance at May. 31, 2022 |  | $ 3,085.2 | $ 3.6 | $ 1,545.9 | $ 1,669.6 | $ (133.9)
Net income |  | 379.2 |  |  | 379.2 |
Unrealized losses on securities, net of tax benefit |  | (29.5) |  |  |  | (29.5)
Reclassification adjustment for realized gains (losses) on securities, net of tax expense (benefit) | [1] | (0.1) |  |  |  | (0.1)
Cash dividends declared |  | (284.7) |  |  | (284.7) |
Stock-based compensation costs |  | 14.4 |  | 14.4 |  |
Foreign currency translation adjustment |  | (7.9) |  |  |  | (7.9)
Activity related to equity-based plans, Shares |  |  | 0.5 |  |  |
Activity related to equity-based plans |  | (19.2) | $ 0.0 | 8.6 | (27.8) |
Ending balance, Shares at Aug. 31, 2022 |  |  | 360.4 |  |  |
Ending balance at Aug. 31, 2022 |  | $ 3,137.4 | $ 3.6 | 1,568.9 | 1,736.3 | (171.4)
Beginning balance, Shares at May. 31, 2023 |  | 360.5 | 360.5 |  |  |
Beginning balance at May. 31, 2023 |  | $ 3,493.2 | $ 3.6 | 1,626.4 | 2,023.1 | (159.9)
Net income |  | 419.2 |  |  | 419.2 |
Unrealized losses on securities, net of tax benefit |  | (23.9) |  |  |  | (23.9)
Reclassification adjustment for realized gains (losses) on securities, net of tax expense (benefit) | [1] | 0.0 |  |  |  | 0.0
Cash dividends declared |  | (321.4) |  |  | (321.4) |
Stock-based compensation costs |  | 16.0 |  | 16.0 |  |
Foreign currency translation adjustment |  | 0.7 |  |  |  | 0.7
Activity related to equity-based plans, Shares |  |  | 0.7 |  |  |
Activity related to equity-based plans |  | $ 4.0 | $ 0.0 | 24.0 | (20.0) |
Ending balance, Shares at Aug. 31, 2023 |  | 361.2 | 361.2 |  |  |
Ending balance at Aug. 31, 2023 |  | $ 3,587.8 | $ 3.6 | $ 1,666.4 | $ 2,100.9 | $ (183.1)
[1] | Reclassification adjustments out of accumulated other comprehensive loss for realized gains, net of tax, on the sale of available-for-sale ("AFS") securities are reflected in interest on funds held for clients and other expense, net on the Consolidated Statements of Income and Comprehensive Income.

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