XML 96 R83.htm IDEA: XBRL DOCUMENT v3.24.2
Income Taxes (Components of Provision for Income Taxes) (Details) - USD ($)
$ in Millions
12 Months Ended
May 31, 2024
May 31, 2023
May 31, 2022
Income Tax Disclosure [Abstract]      
Federal $ 433.5 $ 418.1 $ 326.0
State 117.4 117.1 104.5
Non-U.S. 6.5 (0.3) (1.0)
Total current 557.4 534.9 429.5
Federal (18.6) (34.2) 0.9
State (4.6) (7.4) 0.9
Non-U.S. (6.6) (2.4) 0.5
Total deferred (29.8) (44.0) [1] 2.3 [1]
Income taxes $ 527.6 $ 490.9 $ 431.8
[1] The consolidated statement of cash flows for the fiscal years ended May 31, 2023 and May 31, 2022 include revisions to previously reported amounts related to the presentation of cash flows associated with short-term receivables purchased from the Company’s clients under non-recourse arrangements, net of funding reserves. See Note A for further discussion on the revision.